Think of Enterprise Value as the theoretical takeover price. It is more comprehensive than market capitalization (Market Cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.
EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Nokian Tyres's Enterprise Value is €2,416 Mil.
Nokian Tyres's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was €51 Mil. Therefore, Nokian Tyres's EV-to-EBIT ratio for today is 47.00.
EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, Nokian Tyres's Enterprise Value is €2,416 Mil.
Nokian Tyres's EBITDA for the trailing twelve months (TTM) ended in Mar. 2026 was €194 Mil. Therefore, Nokian Tyres's EV-to-EBITDA ratio for today is 12.45.
EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, Nokian Tyres's Enterprise Value is €2,416 Mil.
Nokian Tyres's Revenue for the trailing twelve months (TTM) ended in Mar. 2026 was €1,384 Mil. Therefore, Nokian Tyres's EV-to-Revenue ratio for today is 1.75.
EV-to-FCF is calculated as Enterprise Value divided by its Free Cash Flow. As of today, Nokian Tyres's Enterprise Value is €2,416 Mil.
Nokian Tyres's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 was €82 Mil. Therefore, Nokian Tyres's EV-to-FCF ratio for today is 29.53.
*** Please note that the current Enterprise Value is calculated using the current market capitalization and the most recently available financial data. If key financial fields—Long-Term Debt & Capital Lease Obligation and Short-Term Debt & Capital Lease Obligation—are recorded as null in the latest reporting period, our data vendor will default to using data from the prior period with valid entries.
Nokian Tyres (FRA:NRE) Enterprise Value Explanation
When an investor buy a company, the investor needs to pay not only the common shares, he/she also needs to pay the shareholders of Preferred Stocks. He also assumes the debt of the company, and receives the cash on the company's balance sheet.
If a company has more cash than debt, the investor actually pays less than the Market Cap because he immediately owns the cash once the transaction goes through.
The market value of Preferred Stock needs to be added to the market value of common stocks in the calculation of Enterprise Value.
For the companies with the same Market Cap, the smaller the Enterprise Value is, the cheaper the company is.
Enterprise Value can be negative when the company's net cash is more than its Market Cap. In this case the investor is basically getting the company for free and get paid for that.
1. EV-to-EBIT is calculated as Enterprise Value divided by its EBIT.
Nokian Tyres's current Enterprise Value is €2,416 Mil.
Nokian Tyres's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was €51 Mil.
2. EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA.
Nokian Tyres's current Enterprise Value is €2,416 Mil.
Nokian Tyres's EBITDA for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was €194 Mil.
Nokian Tyres's current Enterprise Value is €2,416 Mil.
Nokian Tyres's Revenue for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was €1,384 Mil.
Nokian Tyres's current Enterprise Value is €2,416 Mil.
Nokian Tyres's Cash Flow from Operations for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was €197 Mil.
Nokian Tyres's current Enterprise Value is €2,416 Mil.
Nokian Tyres's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was €82 Mil.
* 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 Enterprise Value Related Terms
Nokian Tyres Enterprise Value Historical Data
* Premium members only.
The historical data trend for Nokian Tyres's Enterprise Value 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.
FRA:NRE vs ORLY, AZO, GPC: Enterprise Value Comparison
For the Auto Parts subindustry, Nokian Tyres's Enterprise Value, along with its competitors' market caps and Enterprise Value 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 Enterprise Value vs Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, Nokian Tyres's Enterprise Value distribution charts can be found below:
* The bar in red indicates where Nokian Tyres's Enterprise Value falls into.
Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.
Nokian Tyres's Enterprise Value for the fiscal year that ended in Dec. 2025 is calculated as
* 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 (FRA:NRE) has a Enterprise Value of €2,416 Mil as of Jul. 02, 2026. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on Nokian Tyres and its competitors.
Is Nokian Tyres' Enterprise Value too high?
Nokian Tyres' current Enterprise Value is €2,416 Mil. Overall, Nokian Tyres has a GF Score™ of 71/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Nokian Tyres' Enterprise Value compare to ORLY and AZO?
Nokian Tyres' Enterprise Value of €2,416 Mil can be compared against companies in the Vehicles & Parts industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Enterprise Value for a Vehicles & Parts company?
A good Enterprise Value depends on the Vehicles & Parts industry context. However, Enterprise Value should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Enterprise Value mean?
A high Enterprise Value can signal that a stock is expensive relative to its fundamentals. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on Nokian Tyres and its competitors. Nokian Tyres's current Enterprise Value is €2,416 Mil. 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 (FRA:NRE) is currently considered Modestly Overvalued. The stock's GF Value™ is €9.26, compared to a current price of €11.91 — trading 28.6% above its estimated fair value. The current Enterprise Value is €2,416 Mil. Nokian Tyres' overall GF Score™ is 71/100 with 11 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Enterprise Value calculated?
Enterprise Value is calculated from a company's financial statements. For Nokian Tyres (FRA:NRE), the current Enterprise Value is €2,416 Mil as of Jul. 02, 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 (FRA:NRE) Overvalued in 2026?
Based on GuruFocus' analysis, Nokian Tyres stock appears to be overvalued.
The current stock price of €11.91 is trading 28.6% above its estimated GF Value™ of €9.26.
GuruFocus considers Nokian Tyres to be Modestly Overvalued.
Key valuation signals for FRA:NRE:
Enterprise Value: €2,416 Mil
GF Value™: €9.26 vs. price of €11.91 (28.6% above fair value)
No single metric tells the full story. See the FRA:NRE 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.
71GF Score
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