Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Nokian Tyres's Pre-Tax Income for the
three
months ended in Mar. 2026 was €-28 Mil. Nokian Tyres's Revenue for the
three
months ended in Mar. 2026 was €280 Mil. Therefore, Nokian Tyres's pretax margin for the quarter that ended in Mar. 2026 was -9.84%.
The historical rank and industry rank for Nokian Tyres's Pretax Margin % or its related term are showing as below:
FRA:NRE'
s Pretax Margin % Range Over the Past 10 Years
Min: -2.44 Med: 11.57 Max: 22.67
Current: 0.28
FRA:NRE's Pretax Margin % is ranked worse than 75.62% of 1325
companies
in the Vehicles & Parts industry
Industry Median: 4.38
vs FRA:NRE: 0.28
Nokian Tyres (FRA:NRE) Pretax Margin % Explanation
The pretax margin, as know as pretax profit margin, is widely used to measure the operating efficiency of a company before deducting taxes.
The pretax margin is sometimes preferred over the net margin as tax expenditures can make profitability comparisons between companies misleading.
It is a useful tool to compare companies operating in the same sector and less effective when comparing companies from other sectors as each industry generally has different operating expenses and sales patterns.
The long term trend of the pretax margin is a good indicator of the competitiveness and health of the business.
Nokian Tyres Pretax Margin % Related Terms
Nokian Tyres Pretax Margin % Historical Data
* Premium members only.
The historical data trend for Nokian Tyres's Pretax Margin % 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: Pretax Margin % Comparison
For the Auto Parts subindustry, Nokian Tyres's Pretax Margin %, along with its competitors' market caps and Pretax Margin % 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 Pretax Margin % vs Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, Nokian Tyres's Pretax Margin % distribution charts can be found below:
* The bar in red indicates where Nokian Tyres's Pretax Margin % falls into.
* 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 Pretax Margin % of -9.84% as of Mar. 2026. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Nokian Tyres and its competitors. According to the industry distribution chart, Nokian Tyres ranks #1002 out of 1325 companies in the Vehicles & Parts industry, placing it in the top 75.6%.
Is Nokian Tyres' Pretax Margin % too high?
Nokian Tyres' current Pretax Margin % is -9.84%. Based on the distribution chart, Nokian Tyres ranks #1002 out of 1325 companies in the Vehicles & Parts industry, which is in the bottom quartile relative to peers. 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' Pretax Margin % compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, Nokian Tyres ranks #1002 out of 1325 companies for Pretax Margin %. This places Nokian Tyres in the lower half of its industry. The industry median Pretax Margin % is 4.38. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Pretax Margin % for a Vehicles & Parts company?
The median Pretax Margin % among Vehicles & Parts companies is 4.38, based on 1,325 companies in the industry. Companies in the top quartile (top 25%) have a Pretax Margin % significantly above this median, while those in the bottom quartile fall well below. However, Pretax Margin % 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 Pretax Margin % mean?
A high Pretax Margin % can signal that a stock is expensive relative to its fundamentals. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Nokian Tyres and its competitors. For the Vehicles & Parts industry, the median Pretax Margin % is 4.38 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nokian Tyres's current Pretax Margin % is -9.84%. 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 Pretax Margin % is -9.84%. 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 Pretax Margin % calculated?
Pretax Margin % is calculated from a company's financial statements. For Nokian Tyres (FRA:NRE), the current Pretax Margin % is -9.84% as of Mar. 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:
Pretax Margin %: -9.84%
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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