Nokian Renkaat (Austria) Today
| NRE1 Stock | EUR 6.70 0.08 1.21% |
PerformanceVery Weak
| Odds Of DistressBelow Average
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Nokian Renkaat is trading at 6.70 as of the 21st of March 2025. This is a 1.21 percent up since the beginning of the trading day. The stock's open price was 6.62. Nokian Renkaat has about a 29 % chance of experiencing some form of financial distress in the next two years of operation but has generated negative returns over the last 90 days. The performance scores are derived for the period starting the 21st of December 2024 and ending today, the 21st of March 2025. Click here to learn more.
Nokian Renkaat Oyj develops and manufactures tires in Finland, Nordics, Russia, the rest of Europe, Asia, the Americas, and internationally. Nokian Renkaat Oyj was founded in 1898 and is headquartered in Nokia, Finland. NOKIAN RENKAAT operates under Auto Parts classification in Austria and is traded on Vienna Stock Exchange. The company has 138.25 M outstanding shares. More on Nokian Renkaat Oyj
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Nokian Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Nokian Renkaat's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Nokian Renkaat or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Business Concentration | Auto Parts, Consumer Cyclical (View all Sectors) |
Nokian Renkaat Oyj (NRE1) is traded on Vienna Exchange in Austria and employs 4,542 people. The company currently falls under 'Mid-Cap' category with a current market capitalization of 1.32 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Nokian Renkaat's market, we take the total number of its shares issued and multiply it by Nokian Renkaat's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Nokian Renkaat Oyj operates under Consumer Cyclical sector and is part of Auto Parts industry. The entity has 138.25 M outstanding shares.
Nokian Renkaat Oyj has accumulated about 410.4 M in cash with 396.5 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 2.97.
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Ownership AllocationNokian Renkaat Oyj maintains a total of 138.25 Million outstanding shares. Over half of Nokian Renkaat's outstanding shares are owned by institutional investors. These institutional investors are typically referred to as corporate investors that shop for positions in a given instrument to benefit from reduced trade commissions. Consequently, these institutions are subject to different rules and regulations than regular investors in Nokian Renkaat Oyj. Please watch out for any change in the institutional holdings of Nokian Renkaat Oyj as this could mean something significant has changed or is about to change at the company. Please note that no matter how many assets the company has, if the real value of the firm is less than the current market value, you may not be able to make money on it.
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Nokian Renkaat Oyj Risk Profiles
Although Nokian Renkaat's alpha and beta are two of the key measurements used to evaluate Nokian Renkaat's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 1.35 | |||
| Standard Deviation | 2.34 | |||
| Variance | 5.49 | |||
| Risk Adjusted Performance | (0.06) |
Nokian Stock Against Markets
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Nokian Renkaat Corporate Management
Elected by the shareholders, the Nokian Renkaat's board of directors comprises two types of representatives: Nokian Renkaat inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Nokian. The board's role is to monitor Nokian Renkaat's management team and ensure that shareholders' interests are well served. Nokian Renkaat's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Nokian Renkaat's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Reija MSc | Head Marketing | Profile | |
| Jaana Klinga | Sec Counsel | Profile | |
| MSc MSc | Chief Officer | Profile | |
| Paivi MA | Investor Communications | Profile |
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.