Nokian Renkaat Oyj Stock Market Capitalization
TYRES Stock | 7.59 0.02 0.26% |
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.
Nokian |
Nokian Renkaat Oyj Company Market Capitalization Analysis
Nokian Renkaat's Market Capitalization is the total market value of a company's equity. It is one of many ways to value a company and is calculated by multiplying the price of the stock by the number of shares issued. If a firm has one type of stock its market capitalization will be the current market share price multiplied by the number of shares. However, if a company has multiple types of equities then the market cap will be the total of the market caps of the different types of shares.
Current Nokian Renkaat Market Capitalization | 1.33 B |
Most of Nokian Renkaat's fundamental indicators, such as Market Capitalization, 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 most publications or references market cap is broken down into the mega-cap, large-cap, mid-cap, small-cap, micro-cap, and nano-cap. Market Cap is a measurement of business as total market value of all of the outstanding shares at a given time, and can be used to compare different companies based on their size.
Competition |
Based on the recorded statements, the market capitalization of Nokian Renkaat Oyj is about 1.33 B. This is much higher than that of the Auto Components sector and significantly higher than that of the Consumer Discretionary industry. The market capitalization for all Finland stocks is notably lower than that of the firm.
Nokian Market Capitalization 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 Market Capitalization 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 currently under evaluation in market capitalization category among its peers.
Nokian Fundamentals
Return On Equity | -0.11 | |||
Return On Asset | 0.0508 | |||
Profit Margin | (0.1) % | |||
Operating Margin | 0.11 % | |||
Current Valuation | 1.79 B | |||
Shares Outstanding | 138.25 M | |||
Shares Owned By Insiders | 12.03 % | |||
Shares Owned By Institutions | 52.07 % | |||
Price To Book | 0.84 X | |||
Price To Sales | 0.73 X | |||
Revenue | 1.71 B | |||
Gross Profit | 457.3 M | |||
EBITDA | 423.3 M | |||
Net Income | 206.2 M | |||
Total Debt | 128.4 M | |||
Book Value Per Share | 10.37 X | |||
Cash Flow From Operations | 396.5 M | |||
Earnings Per Share | 1.80 X | |||
Target Price | 9.8 | |||
Number Of Employees | 4.54 K | |||
Beta | 0.89 | |||
Market Capitalization | 1.33 B | |||
Total Asset | 2.38 B | |||
Z Score | 6.0 | |||
Annual Yield | 0.06 % | |||
Net Asset | 2.38 B | |||
Last Dividend Paid | 0.55 |
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.
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.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.