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Nokian Tyres (CHIX:TYRESH) Market Cap : €1,126 Mil (As of May. 07, 2024)


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What is Nokian Tyres Market Cap?

Market cap is the total market value to buy the whole company. It is equal to the share price times the number of Shares Outstanding (EOP). Nokian Tyres's share price for the quarter that ended in Mar. 2024 was €8.696. Nokian Tyres's Shares Outstanding (EOP) for the quarter that ended in Mar. 2024 was 138 Mil. Therefore, Nokian Tyres's market cap for the quarter that ended in Mar. 2024 was €1,199 Mil.

Nokian Tyres's quarterly market cap stayed the same from Sep. 2023 (€1,069 Mil) to Dec. 2023 (€1,069 Mil) but then increased from Dec. 2023 (€1,069 Mil) to Mar. 2024 (€1,199 Mil).

Nokian Tyres's annual market cap declined from Dec. 2021 (€4,613 Mil) to Dec. 2022 (€1,336 Mil) and declined from Dec. 2022 (€1,336 Mil) to Dec. 2023 (€1,069 Mil).

Enterprise Value is 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 and cash equivalents. Nokian Tyres's Enterprise Value for Today is €1,521 Mil.


Nokian Tyres Market Cap Historical Data

The historical data trend for Nokian Tyres's Market Cap 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 Market Cap Chart

Nokian Tyres Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Market Cap
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3,563.82 3,996.06 4,612.53 1,336.33 1,069.02

Nokian Tyres Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Market Cap Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1,091.16 1,109.14 1,069.02 1,069.02 1,198.92

Competitive Comparison of Nokian Tyres's Market Cap

For the Auto Parts subindustry, Nokian Tyres's Market Cap, along with its competitors' market caps and Market Cap 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 Market Cap Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Nokian Tyres's Market Cap distribution charts can be found below:

* The bar in red indicates where Nokian Tyres's Market Cap falls into.



Nokian Tyres Market Cap Calculation

Market cap is the short version of market capitalization. It is the total market value to buy the whole company. It is equal to the share price times the number of shares outstanding.

Nokian Tyres's Market Cap for the fiscal year that ended in Dec. 2023 is calculated as

Market Cap (A: Dec. 2023 )=Share Price (A: Dec. 2023 )*Shares Outstanding (EOP) (A: Dec. 2023 )
=€7.754*137.867
=€1,069

Nokian Tyres's Market Cap for the quarter that ended in Mar. 2024 is calculated as

Market Cap (Q: Mar. 2024 )=Share Price (Q: Mar. 2024 )*Shares Outstanding (EOP) (Q: Mar. 2024 )
=€8.696*137.87
=€1,199

* 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  (CHIX:TYRESh) Market Cap Explanation

Market cap is not the real price you pay for a company. If you buy the company and become its owner, you become the owner of the cash the company has, and you also assume the company’s debt. The real price you pay is the Enterprise Value.

Warren Buffett uses the ratio of total market cap of all public traded companies over GDP to measure if the market is expensive. As of April 2012, the US total market cap is about $14.7 trillion, while the US GDP is about $15 trillion. The market was modestly overvalued.


Nokian Tyres Market Cap Related Terms

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Nokian Tyres (CHIX:TYRESH) Business Description

Address
Pirkkalaistie 7, P.O. Box 20, Nokia, FIN, 37101
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 tires segment generates the majority of revenue.

Nokian Tyres (CHIX:TYRESH) Headlines

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