Nokia Oyj Future Growth
Future criteria checks 1/6
Nokia Oyj is forecast to grow earnings and revenue by 18% and 0.3% per annum respectively. EPS is expected to grow by 18.3% per annum. Return on equity is forecast to be 8.4% in 3 years.
Key information
18.0%
Earnings growth rate
18.3%
EPS growth rate
| Communications earnings growth | 0% |
| Revenue growth rate | 0.3% |
| Future return on equity | 8.4% |
| Analyst coverage | Good |
| Last updated | 15 Nov 2024 |
Recent future growth updates
Recent updates
Earnings and Revenue Growth Forecasts
| Date | Revenue | Earnings | Free Cash Flow | Cash from Op | Avg. No. Analysts |
|---|---|---|---|---|---|
| 12/31/2026 | 19,859 | 1,580 | 1,767 | 2,355 | 17 |
| 12/31/2025 | 19,332 | 1,350 | 1,636 | 2,168 | 20 |
| 12/31/2024 | 19,111 | 1,117 | 1,732 | 2,061 | 21 |
| 9/30/2024 | 19,772 | 914 | 3,692 | 4,155 | N/A |
| 6/30/2024 | 20,155 | 912 | 2,623 | 3,123 | N/A |
| 3/31/2024 | 21,127 | 834 | 1,769 | 2,301 | N/A |
| 12/31/2023 | 22,258 | 660 | 665 | 1,317 | N/A |
| 9/30/2023 | 23,171 | 3,848 | -684 | 14 | N/A |
| 6/30/2023 | 24,704 | 4,128 | 38 | 708 | N/A |
| 3/31/2023 | 25,138 | 4,304 | 354 | 998 | N/A |
| 12/31/2022 | 24,911 | 4,201 | 873 | 1,474 | N/A |
| 9/30/2022 | 23,876 | 1,727 | 828 | 1,393 | N/A |
| 6/30/2022 | 23,033 | 1,652 | 1,153 | 1,731 | N/A |
| 3/31/2022 | 22,474 | 1,532 | 1,290 | 1,880 | N/A |
| 12/31/2021 | 22,202 | 1,632 | 2,065 | 2,625 | N/A |
| 9/30/2021 | 22,341 | -1,742 | 2,478 | 3,018 | N/A |
| 6/30/2021 | 22,236 | -1,884 | 2,194 | 2,702 | N/A |
| 3/31/2021 | 22,015 | -2,148 | 2,445 | 2,929 | N/A |
| 12/31/2020 | 21,852 | -2,520 | 1,280 | 1,759 | N/A |
| 9/30/2020 | 22,202 | 740 | 1,936 | 2,469 | N/A |
| 6/30/2020 | 22,594 | 625 | 1,893 | 2,520 | N/A |
| 3/31/2020 | 23,196 | 355 | 602 | 1,271 | N/A |
| 12/31/2019 | 23,315 | 14 | -300 | 390 | N/A |
| 9/30/2019 | 23,280 | -359 | -481 | 187 | N/A |
| 6/30/2019 | 23,052 | -570 | -973 | -359 | N/A |
| 3/31/2019 | 22,671 | -646 | -864 | -277 | N/A |
| 12/31/2018 | 22,563 | -554 | -312 | 360 | N/A |
| 9/30/2018 | 22,346 | -1,128 | 310 | 964 | N/A |
| 6/30/2018 | 22,388 | -1,194 | N/A | 302 | N/A |
| 3/31/2018 | 22,693 | -1,351 | N/A | 2,174 | N/A |
| 12/31/2017 | 23,147 | -1,473 | N/A | 1,811 | N/A |
| 9/30/2017 | 23,153 | -430 | N/A | 331 | N/A |
| 6/30/2017 | 23,549 | -357 | N/A | 1,310 | N/A |
| 3/31/2017 | 23,508 | -600 | N/A | -344 | N/A |
| 12/31/2016 | 23,641 | -751 | N/A | -1,454 | N/A |
| 9/30/2016 | 20,593 | -912 | N/A | -1,507 | N/A |
| 6/30/2016 | 17,733 | -604 | N/A | -1,239 | N/A |
| 3/31/2016 | 15,075 | 399 | N/A | -881 | N/A |
| 12/31/2015 | 12,560 | 1,192 | N/A | 503 | N/A |
| 9/30/2015 | 12,399 | 1,018 | N/A | 270 | N/A |
| 6/30/2015 | 12,451 | 3,129 | N/A | 166 | N/A |
| 3/31/2015 | 12,033 | 2,779 | N/A | 1,214 | N/A |
| 12/31/2014 | 11,762 | 2,710 | N/A | 1,275 | N/A |
| 9/30/2014 | 11,730 | 2,584 | N/A | 1,104 | N/A |
| 6/30/2014 | 11,579 | 436 | N/A | 714 | N/A |
| 3/31/2014 | 12,233 | 387 | N/A | -272 | N/A |
| 12/31/2013 | 11,795 | 273 | N/A | 72 | N/A |
Analyst Future Growth Forecasts
Earnings vs Savings Rate: NOKA's forecast earnings growth (18% per year) is above the savings rate (8.7%).
Earnings vs Market: NOKA's earnings (18% per year) are forecast to grow slower than the AR market (22.6% per year).
High Growth Earnings: NOKA's earnings are forecast to grow, but not significantly.
Revenue vs Market: NOKA's revenue (0.3% per year) is forecast to grow slower than the AR market (17.3% per year).
High Growth Revenue: NOKA's revenue (0.3% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: NOKA's Return on Equity is forecast to be low in 3 years time (8.4%).