Nokian Renkaat Oyj Stock EBITDA

NRE Stock  EUR 7.16  0.04  0.56%   
Nokian Renkaat Oyj fundamentals help investors to digest information that contributes to Nokian Renkaat's financial success or failures. It also enables traders to predict the movement of Nokian Stock. The fundamental analysis module provides a way to measure Nokian Renkaat's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Nokian Renkaat stock.
  
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

Nokian Renkaat Oyj Company EBITDA Analysis

Nokian Renkaat's EBITDA stands for earnings before interest, taxes, depreciation, and amortization. It is a measure of a company operating cash flow based on data from the company income statement and is a very good way to compare companies within industries or across different sectors. However, unlike Operating Cash Flow, EBITDA does not include the effects of changes in working capital.

EBITDA

 = 

Revenue

-

Basic Expenses

More About EBITDA | All Equity Analysis

Current Nokian Renkaat EBITDA

    
  423.3 M  
Most of Nokian Renkaat's fundamental indicators, such as EBITDA, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Nokian Renkaat Oyj is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
In a nutshell, EBITDA is calculated by adding back each of the excluded items to the post-tax profit, and can be used to compare companies with very different capital structures.
Competition

According to the company disclosure, Nokian Renkaat Oyj reported earnings before interest,tax, depreciation and amortization of 423.3 M. This is 58.78% lower than that of the Consumer Cyclical sector and 43.19% higher than that of the Rubber & Plastics industry. The ebitda for all Germany stocks is 89.14% higher than that of the company.

Nokian EBITDA Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Nokian Renkaat's direct or indirect competition against its EBITDA to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Nokian Renkaat could also be used in its relative valuation, which is a method of valuing Nokian Renkaat by comparing valuation metrics of similar companies.
Nokian Renkaat is rated below average in ebitda category among its peers.

Nokian Fundamentals

About Nokian Renkaat Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Nokian Renkaat Oyj's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Nokian Renkaat using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Nokian Renkaat Oyj based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.

Currently Active Assets on Macroaxis

Other Information on Investing in Nokian Stock

Nokian Renkaat financial ratios help investors to determine whether Nokian Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Nokian with respect to the benefits of owning Nokian Renkaat security.