Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Nokian TyresCHIX:TYRESH 69 1-Year ROIIC % is -26.95 as of Mar. 2026. GuruFocus rates CHIX:TYRESH with a GF Score™ of 69/100 and a GF Value™ of €10.21 (Modestly Overvalued). The stock has 11 warning signs investors should review. Among 1,281 Vehicles & Parts companies, Nokian Tyres ranks worse than 78.61% on this metric.
1-Year Return on Invested Incremental Capital (1-Year ROIIC %) measures the change in earnings as a percentage of change in investment over 1-year.
Nokian Tyres's 1-Year ROIIC % for the quarter that ended in Mar. 2026 was -26.95%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
The industry rank for Nokian Tyres's 1-Year ROIIC % or its related term are showing as below:
CHIX:TYRESh's 1-Year ROIIC % is ranked worse than 78.61% of 1281
companies
in the Vehicles & Parts industry
Industry Median: 1.67
vs CHIX:TYRESh: -26.95
Nokian Tyres (CHIX:TYRESh) 1-Year ROIIC % Explanation
Return on Incremental Invested Capital (ROIIC) is an extension of Return on Investment Capital (ROIC). ROIC % tells investors how efficiently that profitability is earned per dollar of company capital. ROIIC narrows the focus even further and shows how profitable each additional unit of capital investment could be. ROIIC % is a more powerful metric than ROIC because it measures how much money the company can generate going forward on future capital investments.
High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
Be Aware
It's important to keep in mind that when tracking ROIIC, the metric is better suited to forecasting the trend of future returns rather than measuring current return on investment.
Nokian Tyres 1-Year ROIIC % Related Terms
Nokian Tyres 1-Year ROIIC % Historical Data
* Premium members only.
The historical data trend for Nokian Tyres's 1-Year ROIIC % 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.
CHIX:TYRESH vs ORLY, AZO, GPC: 1-Year ROIIC % Comparison
For the Auto Parts subindustry, Nokian Tyres's 1-Year ROIIC %, along with its competitors' market caps and 1-Year ROIIC % 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 1-Year ROIIC % vs Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, Nokian Tyres's 1-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where Nokian Tyres's 1-Year ROIIC % falls into.
Nokian Tyres's 1-Year ROIIC % for the quarter that ended in Mar. 2026 is calculated as:
1-Year ROIIC %
=
1-Year Incremental Net Operating Profit After Taxes (NOPAT)**
/
1-Year Incremental Invested Capital
=
( 33.4634 (Mar. 2026) - -4.8104 (Mar. 2025) )
/
( 1884 (Mar. 2026) - 2026 (Mar. 2025) )
=
38.2738
/
-142
=
-26.95%***
* 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.
** TTM data of NOPAT and Invested Capital was used to calculate 1-Year ROIIC %.
*** Please be aware that the ROIIC (Return on Invested Capital) calculations are based on company-level data using the primary share class. The calculated data provided is for demonstration purposes and may slightly differ from the results displayed in the title due to potential variations caused by currency exchange rate differences throughout the year.
Nokian Tyres (CHIX:TYRESH) has a 1-Year ROIIC % of -26.95 as of Mar. 2026. 1-Year ROIIC % measures the change in earnings as a percentage of change in investment over 1-year. View historical data on Nokian Tyres and its competitors. According to the industry distribution chart, Nokian Tyres ranks #1007 out of 1281 companies in the Vehicles & Parts industry, placing it in the top 78.6%.
Is Nokian Tyres' 1-Year ROIIC % too high?
Nokian Tyres' current 1-Year ROIIC % is -26.95. Based on the distribution chart, Nokian Tyres ranks #1007 out of 1281 companies in the Vehicles & Parts industry, which is in the bottom quartile relative to peers. Overall, Nokian Tyres has a GF Score™ of 69/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Nokian Tyres' 1-Year ROIIC % compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, Nokian Tyres ranks #1007 out of 1281 companies for 1-Year ROIIC %. This places Nokian Tyres in the lower half of its industry. The industry median 1-Year ROIIC % is 1.67. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good 1-Year ROIIC % for a Vehicles & Parts company?
The median 1-Year ROIIC % among Vehicles & Parts companies is 1.67, based on 1,281 companies in the industry. Companies in the top quartile (top 25%) have a 1-Year ROIIC % significantly above this median, while those in the bottom quartile fall well below. However, 1-Year ROIIC % 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 1-Year ROIIC % mean?
A high 1-Year ROIIC % can signal that a stock is expensive relative to its fundamentals. 1-Year ROIIC % measures the change in earnings as a percentage of change in investment over 1-year. View historical data on Nokian Tyres and its competitors. For the Vehicles & Parts industry, the median 1-Year ROIIC % is 1.67 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nokian Tyres's current 1-Year ROIIC % is -26.95. 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 (CHIX:TYRESH) is currently considered Modestly Overvalued. The stock's GF Value™ is €10.21, compared to a current price of €11.60 — trading 13.6% above its estimated fair value. The current 1-Year ROIIC % is -26.95. Nokian Tyres' overall GF Score™ is 69/100 with 11 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is 1-Year ROIIC % calculated?
1-Year ROIIC % is calculated from a company's financial statements. For Nokian Tyres (CHIX:TYRESH), the current 1-Year ROIIC % is -26.95 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 (CHIX:TYRESH) Overvalued in 2026?
Based on GuruFocus' analysis, Nokian Tyres stock appears to be overvalued.
The current stock price of €11.60 is trading 13.6% above its estimated GF Value™ of €10.21.
GuruFocus considers Nokian Tyres to be Modestly Overvalued.
Key valuation signals for CHIX:TYRESH:
1-Year ROIIC %: -26.95
GF Value™: €10.21 vs. price of €11.60 (13.6% above fair value)
No single metric tells the full story. See the CHIX:TYRESH 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.
69GF Score
Get the complete analysis for CHIX:TYRESH
1-Year ROIIC % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
CHIX:TYRESH has been successfully added to your 
