Nokian Tyres (MIL:1TYRES) Other Gross PPE: €1,226 Mil (As of Jun. 2026)

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MIL:1TYRES Nokian Tyres PLC MIL:1TYRES
37 GF Score
Price €16.65
GF Value €9.78
Valuation Significantly Overvalued
! 12 Warning Signs
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What is Nokian Tyres Other Gross PPE?

Nokian Tyres MIL:1TYRES 37 Other Gross PPE is €1,226 Mil as of Jun. 2026. GuruFocus rates MIL:1TYRES with a GF Score™ of 37/100 and a GF Value™ of €9.78 (Significantly Overvalued). The stock has 12 warning signs investors should review.

Nokian Tyres's Other Gross PPE for the quarter that ended in Jun. 2026 was €1,226 Mil.

Nokian Tyres's quarterly Other Gross PPE increased from Dec. 2025 (€72 Mil) to Mar. 2026 (€1,253 Mil) but then declined from Mar. 2026 (€1,253 Mil) to Jun. 2026 (€1,226 Mil).

Nokian Tyres's annual Other Gross PPE increased from Dec. 2023 (€51 Mil) to Dec. 2024 (€68 Mil) and increased from Dec. 2024 (€68 Mil) to Dec. 2025 (€72 Mil).

Nokian Tyres Other Gross PPE Historical Data

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The historical data trend for Nokian Tyres's Other Gross PPE 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 Other Gross PPE Chart

Nokian Tyres Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Other Gross PPE
Get a 7-Day Free Trial Premium Member Only Premium Member Only 126.30 123.10 51.40 67.50 71.60

Nokian Tyres Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Other Gross PPE 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 1,288.10 1,294.40 71.60 1,252.80 1,225.60
MIL:1TYRES
37GF Score
Nokian Tyres PLC MIL:1TYRES
Other Gross PPE is just one metric. See GF Score™, valuation, warning signs, and more.
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Nokian Tyres Other Gross PPE Calculation

GuruFocus lists Land And Improvements, Buildings And Improvements, Machinery, Furniture, Equipment, Construction In Progress and Other Gross PPE under the "Gross Property, Plant and Equipment" section.

Frequently Asked Questions Learn more about Other Gross PPE →
What does a Other Gross PPE of €1,226 Mil mean?
Nokian Tyres (MIL:1TYRES) has a Other Gross PPE of €1,226 Mil as of Jun. 2026. Other Gross PPE is property, plant and equipment recorded on a company's balance sheet that not otherwise classified. View historical data on Nokian Tyres and its competitors.
Is Nokian Tyres' Other Gross PPE too high?
Nokian Tyres' current Other Gross PPE is €1,226 Mil. Overall, Nokian Tyres has a GF Score™ of 37/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Nokian Tyres' Other Gross PPE compare to ORLY and AZO?
Nokian Tyres' Other Gross PPE of €1,226 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 Other Gross PPE for a Vehicles & Parts company?
A good Other Gross PPE depends on the Vehicles & Parts industry context. However, Other Gross PPE 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 Other Gross PPE mean?
A high Other Gross PPE can signal that a stock is expensive relative to its fundamentals. Other Gross PPE is property, plant and equipment recorded on a company's balance sheet that not otherwise classified. View historical data on Nokian Tyres and its competitors. Nokian Tyres's current Other Gross PPE is €1,226 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 (MIL:1TYRES) is currently considered Significantly Overvalued. The stock's GF Value™ is €9.78, compared to a current price of €16.65 — trading 70.2% above its estimated fair value. The current Other Gross PPE is €1,226 Mil. Nokian Tyres' overall GF Score™ is 37/100 with 12 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Other Gross PPE calculated?
Other Gross PPE is calculated from a company's financial statements. For Nokian Tyres (MIL:1TYRES), the current Other Gross PPE is €1,226 Mil 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 (MIL:1TYRES) Overvalued in 2026?

Based on GuruFocus' analysis, Nokian Tyres stock appears to be overvalued. The current stock price of €16.65 is trading 70.2% above its estimated GF Value™ of €9.78. GuruFocus considers Nokian Tyres to be Significantly Overvalued.

Key valuation signals for MIL:1TYRES:

  • Other Gross PPE: €1,226 Mil
  • GF Value™: €9.78 vs. price of €16.65 (70.2% above fair value)
  • GF Score™: 37/100 with 12 warning signs

No single metric tells the full story. See the MIL:1TYRES stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Nokian Tyres 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 tyres segment generates the majority of revenue.
37GF Score

Get the complete analysis for MIL:1TYRES

Other Gross PPE is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€16.65
Price
€9.78
GF Value