Nokia Corporation provides mobile and fixed network solutions worldwide.
No risks detected for NOKIA from our risk checks.
Price History & Performance
|Historical stock prices|
|Current Share Price||€4.93|
|52 Week High||€2.70|
|52 Week Low||€5.38|
|1 Month Change||1.80%|
|3 Month Change||-4.67%|
|1 Year Change||43.12%|
|3 Year Change||-1.33%|
|5 Year Change||23.96%|
|Change since IPO||605.05%|
Recent News & Updates
There's Been No Shortage Of Growth Recently For Nokia's (HEL:NOKIA) Returns On Capital
What trends should we look for it we want to identify stocks that can multiply in value over the long term? Firstly...
Is Nokia (HEL:NOKIA) A Risky Investment?
David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
|NOKIA||FI Communications||FI Market|
Return vs Industry: NOKIA exceeded the Finnish Communications industry which returned 11.6% over the past year.
Return vs Market: NOKIA exceeded the Finnish Market which returned 20.8% over the past year.
Stable Share Price: NOKIA is less volatile than 75% of Finnish stocks over the past 3 months, typically moving +/- 3% a week.
Volatility Over Time: NOKIA's weekly volatility (3%) has been stable over the past year.
About the Company
Nokia Corporation provides mobile and fixed network solutions worldwide. The company operates through four segments: Mobile Networks, Network Infrastructure, Cloud and Network Services, and Nokia Technologies. It focuses on mobile radio including macro radio, small cells, and cloud native radio solutions for communications service providers and enterprises; and provides network planning and optimization, network implementation, and systems integration, as well as company-wide managed services.
Nokia Fundamentals Summary
|NOKIA fundamental statistics|
Is NOKIA overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|NOKIA income statement (TTM)|
|Cost of Revenue||€13.27b|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
Oct 28, 2021
|Earnings per share (EPS)||-0.33|
|Net Profit Margin||-8.47%|
How did NOKIA perform over the long term?See historical performance and comparison
Is Nokia undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: NOKIA (€4.98) is trading below our estimate of fair value (€6.59)
Significantly Below Fair Value: NOKIA is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: NOKIA is unprofitable, so we can't compare its PE Ratio to the European Communications industry average.
PE vs Market: NOKIA is unprofitable, so we can't compare its PE Ratio to the Finnish market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate NOKIA's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: NOKIA is good value based on its PB Ratio (2x) compared to the XE Communications industry average (3.3x).
How is Nokia forecast to perform in the next 1 to 3 years based on estimates from 22 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: NOKIA is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (0.2%).
Earnings vs Market: NOKIA is forecast to become profitable over the next 3 years, which is considered above average market growth.
High Growth Earnings: NOKIA's is expected to become profitable in the next 3 years.
Revenue vs Market: NOKIA's revenue (2.5% per year) is forecast to grow slower than the Finnish market (3.8% per year).
High Growth Revenue: NOKIA's revenue (2.5% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: NOKIA's Return on Equity is forecast to be low in 3 years time (12.6%).
How has Nokia performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: NOKIA is currently unprofitable.
Growing Profit Margin: NOKIA is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: NOKIA is unprofitable, and losses have increased over the past 5 years at a rate of 4.7% per year.
Accelerating Growth: Unable to compare NOKIA's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: NOKIA is unprofitable, making it difficult to compare its past year earnings growth to the Communications industry (39.9%).
Return on Equity
High ROE: NOKIA has a negative Return on Equity (-13.07%), as it is currently unprofitable.
How is Nokia's financial position?
Financial Position Analysis
Short Term Liabilities: NOKIA's short term assets (€18.2B) exceed its short term liabilities (€11.5B).
Long Term Liabilities: NOKIA's short term assets (€18.2B) exceed its long term liabilities (€10.8B).
Debt to Equity History and Analysis
Debt Level: NOKIA's debt to equity ratio (35.3%) is considered satisfactory.
Reducing Debt: NOKIA's debt to equity ratio has increased from 19.3% to 35.3% over the past 5 years.
Cash Runway Analysis
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable NOKIA has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: NOKIA is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 42.1% per year.
What is Nokia current dividend yield, its reliability and sustainability?
Forecast Dividend Yield
Dividend Yield vs Market
Notable Dividend: Unable to evaluate NOKIA's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate NOKIA's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if NOKIA's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if NOKIA's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: NOKIA is not paying a notable dividend for the Finnish market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of NOKIA's dividend in 3 years as they are not forecast to pay a notable one for the Finnish market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Pekka Lundmark (58 yo)
Mr. Pekka Ilmari Lundmark, M.Sc. (Eng.), has been President and Chief Executive Officer at Nokia Corporation since August 1, 2020. He had been President and Chief Executive Officer of Fortum Oyj since Sept...
CEO Compensation Analysis
Compensation vs Market: Pekka's total compensation ($USD3.65M) is about average for companies of similar size in the Finnish market ($USD3.57M).
Compensation vs Earnings: Insufficient data to compare Pekka's compensation with company performance.
Experienced Management: NOKIA's management team is not considered experienced ( 2 years average tenure), which suggests a new team.
Experienced Board: NOKIA's board of directors are considered experienced (3.4 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Nokia Corporation's employee growth, exchange listings and data sources
- Name: Nokia Corporation
- Ticker: NOKIA
- Exchange: HLSE
- Founded: 1865
- Industry: Communications Equipment
- Sector: Tech
- Market Cap: €27.857b
- Shares outstanding: 5.65b
- Website: https://www.nokia.com
Number of Employees
- Nokia Corporation
- Karakaari 7
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/10/26 21:11|
|End of Day Share Price||2021/10/26 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.