NOKIAS Stock Overview

Provides mobile, fixed, and cloud network solutions worldwide. More details

NOKIAS fundamental analysis
Snowflake Score
Valuation	3/6
Future Growth	2/6
Past Performance	1/6
Financial Health	6/6
Dividends	4/6

Rewards

Trading at 44% below our estimate of its fair value

Earnings are forecast to grow 16.24% per year

Risk Analysis

Shares are highly illiquid

Unstable dividend track record

Profit margins (3.9%) are lower than last year (17%)

Large one-off items impacting financial results

My Notes

Capture your thoughts, links and company narrative

Nokia Oyj Competitors

Spirent Communications

LSE:SPT

UK£1.0b

Filtronic

AIM:FTC

UK£168.6m

Halma

LSE:HLMA

UK£10.3b

M.T.I Wireless Edge

AIM:MWE

UK£37.1m

Price History & Performance

Summary of share price highs, lows and changes for Nokia Oyj
Historical stock prices
Current Share Price	€37.33
52 Week High	€37.41
52 Week Low	€34.14
Beta	0.70
1 Month Change	0%
3 Month Change	n/a
1 Year Change	n/a
3 Year Change	n/a
5 Year Change	-21.76%
Change since IPO	-37.48%

Recent updates

Shareholder Returns

	NOKIAS	GB Communications	GB Market
7D	0%	-0.5%	-2.2%
1Y	n/a	40.8%	2.4%

Return vs Industry: Insufficient data to determine how NOKIAS performed against the UK Communications industry.

Return vs Market: Insufficient data to determine how NOKIAS performed against the UK Market.

Price Volatility

Is NOKIAS's price volatile compared to industry and market?
NOKIAS volatility
NOKIAS Average Weekly Movement	n/a
Communications Industry Average Movement	7.0%
Market Average Movement	4.8%
10% most volatile stocks in GB Market	10.5%
10% least volatile stocks in GB Market	2.6%

Stable Share Price: NOKIAS has not had significant price volatility in the past 3 months.

Volatility Over Time: Insufficient data to determine NOKIAS's volatility change over the past year.

About the Company

Founded	Employees	CEO	Website
1865	86,689	Pekka Lundmark	www.nokia.com

Nokia Oyj provides mobile, fixed, and cloud network solutions worldwide. The company operates through four segments: Network Infrastructure, Mobile Networks, Cloud and Network Services, and Nokia Technologies. The company provides fixed networking solutions, such as fiber and copper-based access infrastructure, in-home Wi-Fi solutions, and cloud and virtualization services; IP networking solutions, including IP access, aggregation, and edge and core routing for residential, mobile, enterprise and cloud applications; optical networks solutions that provides optical transport networks for metro, regional, and long-haul applications, and subsea applications; and submarine networks for undersea cable transmission.

Nokia Oyj Fundamentals Summary

How do Nokia Oyj's earnings and revenue compare to its market cap?
NOKIAS fundamental statistics
Market cap	SEK 221.19b
Earnings (TTM)	SEK 9.55b
Revenue (TTM)	SEK 247.20b

23.2x

P/E Ratio

0.9x

P/S Ratio

Is NOKIAS overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
NOKIAS income statement (TTM)
Revenue	€21.07b
Cost of Revenue	€12.16b
Gross Profit	€8.90b
Other Expenses	€8.09b
Earnings	€814.00m

Last Reported Earnings

Mar 31, 2024

Next Earnings Date

Jul 18, 2024

Earnings per share (EPS)	0.15
Gross Margin	42.26%
Net Profit Margin	3.86%
Debt/Equity Ratio	17.8%

How did NOKIAS perform over the long term?

See historical performance and comparison

Dividends

3.8%

Current Dividend Yield

88%

Payout Ratio

Does NOKIAS pay a reliable dividends?

See NOKIAS dividend history and benchmarks

When do you need to buy NOKIAS by to receive an upcoming dividend?
Nokia Oyj dividend dates
Ex Dividend Date	Jul 22 2024
Dividend Pay Date	Aug 01 2024
Days until Ex dividend	155 days
Days until Dividend pay date	145 days

Does NOKIAS pay a reliable dividends?

See NOKIAS dividend history and benchmarks

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2024/05/01 22:52
End of Day Share Price	2024/02/02 00:00
Earnings	2024/03/31
Annual Earnings	2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* example for US securities, for non-US equivalent regulatory forms and sources are used.

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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Nokia Oyj is covered by 93 analysts. 22 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
null null	ABG Sundal Collier
Jean-Michel Salvador	AlphaValue
Richard Kramer	Arete Research Services LLP