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Nokian TyresCHIX:TYRESH 69 Debt-to-EBITDA is 12.84 as of Mar. 2026, which is 927% above its 10-year median of 1.25. GuruFocus rates CHIX:TYRESH with a GF Score™ of 69/100 and a GF Value™ of €10.21 (Modestly Overvalued). The stock has 11 warning signs investors should review. Among 1,096 Vehicles & Parts companies, Nokian Tyres ranks worse than 75.09% on this metric.
Debt-to-EBITDA measures a company's ability to pay off its debt.
A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt. According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.
The historical rank and industry rank for Nokian Tyres's Debt-to-EBITDA or its related term are showing as below:
CHIX:TYRESh'
s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.29 Med: 1.25 Max: 6.06
Current: 4.6
During the past 13 years, the highest Debt-to-EBITDA Ratio of Nokian Tyres was 6.06. The lowest was 0.29. And the median was 1.25.
CHIX:TYRESh's Debt-to-EBITDA is ranked worse than 75.09% of 1096
companies
in the Vehicles & Parts industry
Industry Median: 2.25
vs CHIX:TYRESh: 4.60
Nokian Tyres (CHIX:TYRESh) Debt-to-EBITDA Explanation
A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt.
According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.
Nokian Tyres Debt-to-EBITDA Related Terms
Nokian Tyres Debt-to-EBITDA Historical Data
* Premium members only.
The historical data trend for Nokian Tyres's Debt-to-EBITDA can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
CHIX:TYRESH vs ORLY, AZO, GPC: Debt-to-EBITDA Comparison
For the Auto Parts subindustry, Nokian Tyres's Debt-to-EBITDA, along with its competitors' market caps and Debt-to-EBITDA data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Nokian Tyres Debt-to-EBITDA vs Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, Nokian Tyres's Debt-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Nokian Tyres's Debt-to-EBITDA falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
In the calculation of annual Debt-to-EBITDA, the EBITDA of the last fiscal year is used. In calculating the annualized quarterly data,
the EBITDA data used here is four times the quarterly (Mar. 2026) EBITDA data.
Nokian Tyres (CHIX:TYRESH) has a Debt-to-EBITDA of 12.84 as of Mar. 2026. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Nokian Tyres. This is 927% above median its historical median of 1.25. Over the past decade, Nokian Tyres' Debt-to-EBITDA has ranged from 0.29 to 6.06. According to the industry distribution chart, Nokian Tyres ranks #823 out of 1096 companies in the Vehicles & Parts industry, placing it in the top 75.1%.
Is Nokian Tyres' Debt-to-EBITDA too high?
Nokian Tyres' current Debt-to-EBITDA of 12.84 is 927% above median its 10-year median of 1.25. Over the past 10 years, this metric has ranged from a low of 0.29 to a high of 6.06. The Vehicles & Parts industry median Debt-to-EBITDA is 2.25. Nokian Tyres' value of 12.84 is 470.7% above this industry median. Based on the distribution chart, Nokian Tyres ranks #823 out of 1096 companies in the Vehicles & Parts industry, which is in the bottom quartile relative to peers. Overall, Nokian Tyres has a GF Score™ of 69/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Nokian Tyres' Debt-to-EBITDA compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, Nokian Tyres ranks #823 out of 1096 companies for Debt-to-EBITDA. This places Nokian Tyres in the lower half of its industry. The industry median Debt-to-EBITDA is 2.25. Nokian Tyres' value of 12.84 is 470.7% above this benchmark. Historically, Nokian Tyres' own Debt-to-EBITDA has ranged from 0.29 to 6.06 over the past decade. While the company's 10-year median is 1.25 vs. the industry median of 2.25, Nokian Tyres has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-EBITDA for a Vehicles & Parts company?
The median Debt-to-EBITDA among Vehicles & Parts companies is 2.25, based on 1,096 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-EBITDA significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-EBITDA should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Nokian Tyres's current Debt-to-EBITDA of 12.84 is 470.7% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-EBITDA mean?
A high Debt-to-EBITDA can signal that a stock is expensive relative to its fundamentals. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Nokian Tyres. For the Vehicles & Parts industry, the median Debt-to-EBITDA is 2.25 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nokian Tyres's current Debt-to-EBITDA is 12.84, which is 927% above median its own 10-year median of 1.25. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nokian Tyres stock overvalued right now?
Based on GuruFocus' analysis, Nokian Tyres (CHIX:TYRESH) is currently considered Modestly Overvalued. The stock's GF Value™ is €10.21, compared to a current price of €11.60 — trading 13.6% above its estimated fair value. The current Debt-to-EBITDA is 12.84, which is 927% above median its 10-year median of 1.25 and 470.7% above the Vehicles & Parts industry median of 2.25. Nokian Tyres' overall GF Score™ is 69/100 with 11 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-EBITDA calculated?
Debt-to-EBITDA is calculated from a company's financial statements. For Nokian Tyres (CHIX:TYRESH), the current Debt-to-EBITDA is 12.84 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Nokian Tyres (CHIX:TYRESH) Overvalued in 2026?
Based on GuruFocus' analysis, Nokian Tyres stock appears to be overvalued.
The current stock price of €11.60 is trading 13.6% above its estimated GF Value™ of €10.21.
GuruFocus considers Nokian Tyres to be Modestly Overvalued.
Key valuation signals for CHIX:TYRESH:
Debt-to-EBITDA: 12.84 (927% above median its 10-year median of 1.25)
GF Value™: €10.21 vs. price of €11.60 (13.6% above fair value)
Industry Position: 470.7% above the Vehicles & Parts median (#823 of 1096)
No single metric tells the full story. See the CHIX:TYRESH stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Nokian Tyres PLC develops and manufactures rubber tires under the Nokian Tyres brand name for passenger cars, vans, trucks and heavy machinery. The company sells tires to wholesale distributors and through company-owned retail stores, which are operated under the Vianor brand name. The firm organizes itself into three segments based on product and distribution type: Passenger Car Tyres, Heavy Tyres and Vianor. The Passenger car tyres segment generates the majority of revenue.
69GF Score
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