- Investing.com
Nokian Renkaat Oyj develops and manufactures tires in Finland, Nordics, the rest of Europe, the Americas, and internationally. It operates through Passenger Car Tyres, Heavy Tyres, and Vianor segments. The Passenger Car Tyres segment develops and produces summer, winter, and all-season tires for cars and vans. The Heavy Tyres segment offers tires for forestry machinery; special tires for agricultural machinery, tractors, and industrial machinery; and retreading materials and truck tires. The Vianor segment sells car and van tires, as well as truck tires under the Nokian Tyres and other tire brands. This segment also provides automotive products and services. It distributes its products through its own Vianor service centers and service centers run by partners, the Nokian Tyres Authorized Dealer (NAD) partners, and other tire and vehicle retailers, wholesalers, distributors, as well as online stores. Nokian Renkaat Oyj was founded in 1898 and is headquartered in Nokia, Finland.
Metrics to compare | TYRES | Sector Sector - Average of metrics from a broad group of related Consumer Cyclicals sector companies | Relationship RelationshipTYRESPeersSector | |
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P/E Ratio | 197.5x | 9.4x | 10.6x | |
PEG Ratio | 1.94 | 0.14 | 0.02 | |
Price/Book | 0.9x | 1.0x | 1.4x | |
Price / LTM Sales | 1.0x | 0.3x | 0.9x | |
Upside (Analyst Target) | −8.3% | 42.1% | 20.7% | |
Fair Value Upside | Unlock | 30.2% | 8.5% | Unlock |