NKRKY (Nokian Tyres) EV-to-EBIT : 64.46 (As of Jan. 19, 2025)

View and export this data going back to 2011. Start your Free Trial

What is Nokian Tyres EV-to-EBIT?

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Nokian Tyres's Enterprise Value is $1,881 Mil. Nokian Tyres's EBIT for the trailing twelve months (TTM) ended in Sep. 2024 was $29 Mil. Therefore, Nokian Tyres's EV-to-EBIT for today is 64.46.

The historical rank and industry rank for Nokian Tyres's EV-to-EBIT or its related term are showing as below:

NKRKY' s EV-to-EBIT Range Over the Past 10 Years
Min: -57.35 Med: 15.11 Max: 95.66
Current: 69.23

During the past 13 years, the highest EV-to-EBIT of Nokian Tyres was 95.66. The lowest was -57.35. And the median was 15.11.

NKRKY's EV-to-EBIT is ranked worse than
93.68% of 1060 companies
in the Vehicles & Parts industry
Industry Median: 13.11 vs NKRKY: 69.23

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Nokian Tyres's Enterprise Value for the quarter that ended in Sep. 2024 was $2,229 Mil. Nokian Tyres's EBIT for the trailing twelve months (TTM) ended in Sep. 2024 was $29 Mil. Nokian Tyres's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was 1.31%.

Nokian Tyres EV-to-EBIT Historical Data

The historical data trend for Nokian Tyres's EV-to-EBIT 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.

* Premium members only.

Nokian Tyres EV-to-EBIT Chart

Nokian Tyres Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

EV-to-EBIT

Get a 7-Day Free Trial

10.41

34.67

16.95

79.64

34.65

Nokian Tyres Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
EV-to-EBIT	Get a 7-Day Free Trial															-33.25	34.65	50.29	53.74	75.76

Competitive Comparison of Nokian Tyres's EV-to-EBIT

For the Auto Parts subindustry, Nokian Tyres's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT 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's EV-to-EBIT Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Nokian Tyres's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Nokian Tyres's EV-to-EBIT falls into.

Nokian Tyres EV-to-EBIT Calculation

Nokian Tyres's EV-to-EBIT for today is calculated as:

EV-to-EBIT	=	Enterprise Value (Today)	/	EBIT (TTM)
	=	1880.562	/	29.172
	=	64.46

Nokian Tyres's current Enterprise Value is $1,881 Mil.
Nokian Tyres's EBIT for the trailing twelve months (TTM) ended in Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $29 Mil.

Nokian Tyres (OTCPK:NKRKY) EV-to-EBIT Explanation

This is a more accurate valuation of companies' operation because it considers the debt and cash on its balance sheet, and non-operating items such as interest payment, tax, and one-time items are not included in the Operating Income.

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %.

Nokian Tyres's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2024 is calculated as:

Earnings Yield (Joel Greenblatt) % (Q: Sep. 2024 )	=	EBIT	/	Enterprise Value (Q: Sep. 2024 )
	=	29.172	/	2229.43754
	=	1.31 %

Nokian Tyres's Enterprise Value for the quarter that ended in Sep. 2024 was $2,229 Mil.
Nokian Tyres's EBIT for the trailing twelve months (TTM) ended in Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $29 Mil.

Nokian Tyres EV-to-EBIT Related Terms

Thank you for viewing the detailed overview of Nokian Tyres's EV-to-EBIT provided by GuruFocus.com. Please click on the following links to see related term pages.

Nokian Tyres Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Nokian Tyres PLC (OTCPK:NKRKY) » Definitions » EV-to-EBIT

Comparable Companies

Traded in Other Exchanges

NKRKF:USA 1TYRES:Italy TYRESh:UK 0FFY:UK TYRES:Finland NRE:Germany NRE1:Austria

Address

Pirkkalaistie 7, P.O. Box 20, Nokia, FIN, 37101

Website

https://www.nokiantyres.com

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.