Nokian Tyres (LTS:0FFY) ROCE %: -3.84% (As of Mar. 2026)

What is Nokian Tyres ROCE %?

Nokian Tyres LTS:0FFY -1.72% 73 ROCE % is -3.84% as of Mar. 2026. GuruFocus rates LTS:0FFY with a GF Score™ of 73/100 and a GF Value™ of €9.31 (Modestly Overvalued). The stock has 11 warning signs investors should review.

ROCE % measures how well a company generates profits from its capital. It is calculated as EBIT divided by Capital Employed, where Capital Employed is calculated as Total Assets minus Total Current Liabilities. Nokian Tyres's annualized ROCE % for the quarter that ended in Mar. 2026 was -3.84%.

Nokian Tyres (LTS:0FFY) ROCE % Explanation

ROCE % can be especially useful when comparing the performance of capital-intensive companies. Unlike ROE %, which indicates the profitability of Shareholders Equity, ROCE % also considers long-term debt in Capital Employed. This can be helpful when analyzing companies with significant debt, as the result is neutralized by taking debt into consideration.

Generally speaking, a higher ROCE % indicates a stonger profitability for a company. Moreover, it is important to look at the ratio from a long term perspective. Investors tend to favor companies with stable and rising ROCE % trend over those with volatile ones.

Nokian Tyres ROCE % Related Terms

Nokian Tyres ROCE % Historical Data

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The historical data trend for Nokian Tyres's ROCE % 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 ROCE % Chart

Nokian Tyres Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Dec25

ROCE %

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14.27

1.03

2.23

0.31

1.11

Nokian Tyres Quarterly Data
	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25	Jun25	Sep25	Dec25	Mar26
ROCE %	Get a 7-Day Free Trial															-7.21	2.54	4.68	7.49	-3.84

73GF Score

Nokian Tyres PLC LTS:0FFY

ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.

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Nokian Tyres ROCE % Calculation

Nokian Tyres's annualized ROCE % for the fiscal year that ended in Dec. 2025 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2025 )		(A: Dec. 2024 )		(A: Dec. 2025 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2025 )		(A: Dec. 2024 )		(A: Dec. 2025 )
	=	21.7	/	( ( (2423.7 - 404.5)	+	(2313.8 - 423.7) )	/ 2 )
	=	21.7	/	( (2019.2	+	1890.1)	/ 2 )
	=	21.7	/	1954.65
	=	1.11 %

Nokian Tyres's ROCE % of for the quarter that ended in Mar. 2026 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Mar. 2026 )		(Q: Dec. 2025 )		(Q: Mar. 2026 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Mar. 2026 )		(Q: Dec. 2025 )		(Q: Mar. 2026 )
	=	-71.6	/	( ( (2313.8 - 423.7)	+	(2360.9 - 523.4) )	/ 2 )
	=	-71.6	/	( ( 1890.1	+	1837.5 )	/ 2 )
	=	-71.6	/	1863.8
	=	-3.84 %

(1) Note: The EBIT data used here is four times the quarterly (Mar. 2026) EBIT data.

Frequently Asked Questions Learn more about ROCE % →

What does a ROCE % of -3.84% mean?

Nokian Tyres (LTS:0FFY) has a ROCE % of -3.84% as of Mar. 2026.

Is Nokian Tyres' ROCE % too high?

Nokian Tyres' current ROCE % is -3.84%. Overall, Nokian Tyres has a GF Score™ of 73/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.

How does Nokian Tyres' ROCE % compare to ORLY and AZO?

Nokian Tyres' ROCE % of -3.84% can be compared against companies in the Vehicles & Parts industry. The industry median ROCE % is 7.94. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.

What is a good ROCE % for a Vehicles & Parts company?

The median ROCE % among Vehicles & Parts companies is 7.94, based on 1,319 companies in the industry. Companies in the top quartile (top 25%) have a ROCE % significantly above this median, while those in the bottom quartile fall well below. However, ROCE % 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 ROCE % mean?

A high ROCE % can signal that a stock is expensive relative to its fundamentals. For the Vehicles & Parts industry, the median ROCE % is 7.94 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nokian Tyres's current ROCE % is -3.84%. 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 (LTS:0FFY) is currently considered Modestly Overvalued. The stock's GF Value™ is €9.31, compared to a current price of €12.00 — trading 28.8% above its estimated fair value. The current ROCE % is -3.84%. Nokian Tyres' overall GF Score™ is 73/100 with 11 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.

How is ROCE % calculated?

ROCE % is calculated from a company's financial statements. For Nokian Tyres (LTS:0FFY), the current ROCE % is -3.84% 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 (LTS:0FFY) Overvalued in 2026?

Based on GuruFocus' analysis, Nokian Tyres stock appears to be overvalued. The current stock price of €12.00 is trading 28.8% above its estimated GF Value™ of €9.31. GuruFocus considers Nokian Tyres to be Modestly Overvalued.

Key valuation signals for LTS:0FFY:

ROCE %: -3.84%
GF Value™: €9.31 vs. price of €12.00 (28.8% above fair value)
GF Score™: 73/100 with 11 warning signs

No single metric tells the full story. See the LTS:0FFY stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Nokian Tyres Business Description

Industry Consumer Cyclical Vehicles & Parts

Comparable Companies OHEL:RELAIS OHEL:DUELL ORLY TSE:5802 AZO XKRX:012330 TSE:6902 TSE:5108 XPAR:ML SHSE:600660 XTER:KBX TSX:MG XTER:CON NSE:MOTHERSON SHSE:601689 BWA MOD AUR APTV GPC

Other Exchanges NKRKY:USA NKRKF:USA 1TYRES:Italy TYRESh:UK TYRES:Finland NRE:Germany NRE1:Austria

Address Pirkkalaistie 7, P.O. Box 20, Nokia, FIN, 37101

Website https://www.nokiantyres.com

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.

73GF Score

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

€12.00

Price

€9.31

GF Value

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