Margins
Nokian Tyres' profitability margins have been impacted by various costs, but the company's financial reports suggest that currency fluctuations and exchange rate differences have had a significant effect on its bottom line. The volatility of foreign currencies, particularly the US dollar and Romanian leu, has resulted in substantial translation exposure, which has negatively affected Nokian Tyres' profitability. Additionally, the company's investments in new production capacity and research and development initiatives have also contributed to increased costs that have impacted its profit margins.
Solvency
The gearing for Q2 2026 is 71.8%. Looking ahead, it's expected to increase to 79.3% in Q2 2027 and then reach 82.7% in Q2 2028. The average gearing across all periods is 43.8%.
Return on Equity and Assets
The Return On Equity (ROE) for Nokian Renkaat in Q2 2026 is 1.7%. Looking ahead, we can expect a steady increase in ROE over the next two years, with projected values of 4.4% in Q2 2027 and 6.3% in Q2 2028. The average ROE for Nokian Renkaat across all periods is 3.2%.
The Return On Assets (ROA) for Nokian Renkaat in Q2 2026 is 0.8%. Looking ahead, we can expect a steady increase in ROA over the next two years, with projected values of 1.4% in Q3 2026 (e), 1.6% in Q4 2026 (e), 2.2% in Q2 2027 (e), and 2.8% in Q4 2027 (e). The average ROA for the company is 1.9%.
Asset Turnover Ratio
Asset Turnover Ratio is calculated as revenue / total assets.
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