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Nokian TyresCHIX:TYRESH 70 Earnings Yield (Joel Greenblatt) % is 2.92% as of Jun. 2026, which is 48% below its 10-year median of 5.64. GuruFocus rates CHIX:TYRESH with a GF Score™ of 70/100 and a GF Value™ of €9.20 (Modestly Overvalued). The stock has 12 warning signs investors should review. Among 1,335 Vehicles & Parts companies, Nokian Tyres ranks worse than 69.81% on this metric.
Nokian Tyres's Enterprise Value for the quarter that ended in Jun. 2026 was €2,414 Mil.
Nokian Tyres's EBIT for the trailing twelve months (TTM) ended in Jun. 2026 was €72 Mil. Nokian Tyres's Earnings Yield (Joel Greenblatt) for the quarter that ended in Jun. 2026 was 2.92%.
The historical rank and industry rank for Nokian Tyres's Earnings Yield (Joel Greenblatt) % or its related term are showing as below:
CHIX:TYRESh'
s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: -4.77 Med: 5.64 Max: 14.82
Current: 2.51
During the past 13 years, the highest Earnings Yield (Joel Greenblatt) of Nokian Tyres was 14.82%. The lowest was -4.77%. And the median was 5.64%.
CHIX:TYRESh's Earnings Yield (Joel Greenblatt) % is ranked worse than 69.81% of 1335
companies
in the Vehicles & Parts industry
Industry Median: 5.89
vs CHIX:TYRESh: 2.51
Joel Greenblatt's definition of earnings yield has the same problems the regular earnings yield does. It does not consider the growth of the company. It only looks at one-year's business operation. For cyclical companies, the earnings yield is usually highest at the peak of the business cycle. But these earnings are rarely sustainable.
A better indicator of the attractiveness of an investment which takes growth into account is the Forward Rate of Return (Yacktman) %. Nokian Tyres's Forward Rate of Return (Yacktman) % for the quarter that ended in Jun. 2026 was -26.33%. The Forward Rate of Return uses the normalized Free Cash Flow of the past five years, and considers growth. The forward rate of return can be thought of as the return that investors buying the stock today can expect from it in the future.
Nokian Tyres (CHIX:TYRESh) Earnings Yield (Joel Greenblatt) % Explanation
Joel Greenblatt defines the earnings yield using the above equation because it more accurately reflects the company's profitability relative to its stock price. Items like interest payment and tax etc. are not directly related to the company's operational profitability.
Enterprise Value instead of market cap (share price) is used in the calculation because it is the real price stock and bond investors together pay for the company.
Be Aware
Joel Greenblatt's definition of earnings yield has the same problems the regular earnings yield does. It does not consider the growth of the company. It only looks at one-year's business operation. For cyclical companies, the earnings yield is usually highest at the peak of the business cycle. But these earnings are rarely sustainable.
Nokian Tyres Earnings Yield (Joel Greenblatt) % Related Terms
Nokian Tyres Earnings Yield (Joel Greenblatt) % Historical Data
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The historical data trend for Nokian Tyres's Earnings Yield (Joel Greenblatt) % 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.
Nokian Tyres Earnings Yield (Joel Greenblatt) % Chart
For the Auto Parts subindustry, Nokian Tyres's Earnings Yield (Joel Greenblatt) %, along with its competitors' market caps and Earnings Yield (Joel Greenblatt) % 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 Earnings Yield (Joel Greenblatt) % vs Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, Nokian Tyres's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Nokian Tyres's Earnings Yield (Joel Greenblatt) % falls into.
Nokian Tyres Earnings Yield (Joel Greenblatt) % Calculation
In his book, The Little That Beat the Market, hedge fund manager Joel Greenblatt defines Earnings Yield as operating income divided by enterprise value.
Nokian Tyress Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Dec. 2025 is calculated as
Nokian Tyres's EBIT for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was €72 Mil.
What does a Earnings Yield (Joel Greenblatt) % of 2.92% mean?
Nokian Tyres (CHIX:TYRESH) has a Earnings Yield (Joel Greenblatt) % of 2.92% as of Jun. 2026. Joel Greenblatt's earnings yield equals the ratio of earnings before interest and taxes to enterprise value. View historical data on Nokian Tyres and its competitors. This is 48% below median its historical median of 5.64. According to the industry distribution chart, Nokian Tyres ranks #932 out of 1335 companies in the Vehicles & Parts industry, placing it in the top 69.8%.
Is Nokian Tyres' Earnings Yield (Joel Greenblatt) % too high?
Nokian Tyres' current Earnings Yield (Joel Greenblatt) % of 2.92% is 48% below median its 10-year median of 5.64. The Vehicles & Parts industry median Earnings Yield (Joel Greenblatt) % is 5.89. Nokian Tyres' value of 2.92% is 50.4% below this industry median. Based on the distribution chart, Nokian Tyres ranks #932 out of 1335 companies in the Vehicles & Parts industry, which is below the industry midpoint. Overall, Nokian Tyres has a GF Score™ of 70/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Nokian Tyres' Earnings Yield (Joel Greenblatt) % compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, Nokian Tyres ranks #932 out of 1335 companies for Earnings Yield (Joel Greenblatt) %. This places Nokian Tyres in the lower half of its industry. The industry median Earnings Yield (Joel Greenblatt) % is 5.89. Nokian Tyres' value of 2.92% is 50.4% below this benchmark. While the company's 10-year median is 5.64 vs. the industry median of 5.89, Nokian Tyres has consistently been below 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 Earnings Yield (Joel Greenblatt) % for a Vehicles & Parts company?
The median Earnings Yield (Joel Greenblatt) % among Vehicles & Parts companies is 5.89, based on 1,335 companies in the industry. Companies in the top quartile (top 25%) have a Earnings Yield (Joel Greenblatt) % significantly above this median, while those in the bottom quartile fall well below. However, Earnings Yield (Joel Greenblatt) % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Nokian Tyres's current Earnings Yield (Joel Greenblatt) % of 2.92% is 50.4% below 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 Earnings Yield (Joel Greenblatt) % mean?
A high Earnings Yield (Joel Greenblatt) % can signal that a stock is expensive relative to its fundamentals. Joel Greenblatt's earnings yield equals the ratio of earnings before interest and taxes to enterprise value. View historical data on Nokian Tyres and its competitors. For the Vehicles & Parts industry, the median Earnings Yield (Joel Greenblatt) % is 5.89 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nokian Tyres's current Earnings Yield (Joel Greenblatt) % is 2.92%, which is 48% below median its own 10-year median of 5.64. 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 €9.20, compared to a current price of €11.60 — trading 26% above its estimated fair value. The current Earnings Yield (Joel Greenblatt) % is 2.92%, which is 48% below median its 10-year median of 5.64 and 50.4% below the Vehicles & Parts industry median of 5.89. Nokian Tyres' overall GF Score™ is 70/100 with 12 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Earnings Yield (Joel Greenblatt) % calculated?
Earnings Yield (Joel Greenblatt) % is calculated from a company's financial statements. For Nokian Tyres (CHIX:TYRESH), the current Earnings Yield (Joel Greenblatt) % is 2.92% as of Jun. 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 26% above its estimated GF Value™ of €9.20.
GuruFocus considers Nokian Tyres to be Modestly Overvalued.
Key valuation signals for CHIX:TYRESH:
Earnings Yield (Joel Greenblatt) %: 2.92% (48% below median its 10-year median of 5.64)
GF Value™: €9.20 vs. price of €11.60 (26% above fair value)
Industry Position: 50.4% below the Vehicles & Parts median (#932 of 1335)
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.
70GF Score
Get the complete analysis for CHIX:TYRESH
Earnings Yield (Joel Greenblatt) % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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