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 $1,938 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 ratio for today is 66.45.
EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, Nokian Tyres's Enterprise Value is $1,938 Mil.
Nokian Tyres's EBITDA for the trailing twelve months (TTM) ended in Sep. 2024 was $156 Mil. Therefore, Nokian Tyres's EV-to-EBITDA ratio for today is 12.43.
EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, Nokian Tyres's Enterprise Value is $1,938 Mil.
Nokian Tyres's Revenue for the trailing twelve months (TTM) ended in Sep. 2024 was $1,356 Mil. Therefore, Nokian Tyres's EV-to-Revenue ratio for today is 1.43.
Nokian Tyres Enterprise Value Historical Data
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.
Competitive Comparison of Nokian Tyres's Enterprise Value
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's Enterprise Value Distribution in the 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.
Nokian Tyres Enterprise Value Calculation
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. 2023 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 (OTCPK:NKRKY) 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 $1,938 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.
2. EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA.
Nokian Tyres's current Enterprise Value is $1,938 Mil.
Nokian Tyres's EBITDA 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 $156 Mil.
Nokian Tyres's current Enterprise Value is $1,938 Mil.
Nokian Tyres's Revenue 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 $1,356 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
Thank you for viewing the detailed overview of Nokian Tyres's Enterprise Value provided by GuruFocus.com. Please click on the following links to see related term pages.
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.
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