Nokia Oyj

BATS-CHIXE:NOKIAS Stock Report

Market Cap: SEK 221.2b

Nokia Oyj Past Earnings Performance

Past criteria checks 1/6

Nokia Oyj has been growing earnings at an average annual rate of 47.5%, while the Communications industry saw earnings growing at 18.4% annually. Revenues have been growing at an average rate of 0.7% per year. Nokia Oyj's return on equity is 3.9%, and it has net margins of 3.9%.

Key information

47.5%

Earnings growth rate

47.6%

EPS growth rate

Communications Industry Growth11.7%
Revenue growth rate0.7%
Return on equity3.9%
Net Margin3.9%
Next Earnings Update18 Jul 2024

Recent past performance updates

Recent updates

Revenue & Expenses Breakdown

How Nokia Oyj makes and spends money. Based on latest reported earnings, on an LTM basis.

Earnings and Revenue History

BATS-CHIXE:NOKIAS Revenue, expenses and earnings (EUR Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
31 Mar 2421,0668142,5584,252
31 Dec 2322,2586602,6044,266
30 Sep 2324,0003,8622,8174,404
30 Jun 2325,2604,1382,9034,507
31 Mar 2325,4224,3112,9204,551
31 Dec 2224,9114,2012,8694,513
30 Sep 2223,8761,7272,8624,420
30 Jun 2223,0331,6522,7654,290
31 Mar 2222,4741,5322,7234,233
31 Dec 2122,2021,6322,7664,214
30 Sep 2122,341-1,7422,7274,081
30 Jun 2122,236-1,8842,7043,954
31 Mar 2122,015-2,1482,7153,896
31 Dec 2021,852-2,5202,8984,087
30 Sep 2022,2027402,8633,917
30 Jun 2022,5946252,9484,078
31 Mar 2023,1963553,0254,231
31 Dec 1923,315143,0614,434
30 Sep 1923,280-3593,1154,489
30 Jun 1923,052-5703,1844,547
31 Mar 1922,671-6463,2114,584
31 Dec 1822,563-5543,2774,598
30 Sep 1822,346-1,1283,2544,655
30 Jun 1822,388-1,1943,2754,733
31 Mar 1822,693-1,3513,3464,776
31 Dec 1723,147-1,4733,6524,859
30 Sep 1723,153-4303,4914,892
30 Jun 1723,549-3573,5124,887
31 Mar 1723,508-6003,4984,911
31 Dec 1623,641-7513,5384,935
30 Sep 1620,593-9123,0864,221
30 Jun 1617,733-6042,6413,516
31 Mar 1615,0753992,2342,803
31 Dec 1512,5601,1921,7812,080
30 Sep 1512,3991,0181,6282,079
30 Jun 1512,4513,1291,5902,081
31 Mar 1512,0332,7791,4541,899
31 Dec 1411,7622,7101,5611,904
30 Sep 1411,7302,5841,4482,016
30 Jun 1411,5794361,4712,128
31 Mar 1412,2333871,5872,493
31 Dec 1311,7952731,4831,970
30 Sep 132,4972,5121151,426
30 Jun 136,7991,4026601,946

Quality Earnings: NOKIAS has a large one-off loss of €390.0M impacting its last 12 months of financial results to 31st March, 2024.

Growing Profit Margin: NOKIAS's current net profit margins (3.9%) are lower than last year (17%).

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: NOKIAS has become profitable over the past 5 years, growing earnings by 47.5% per year.

Accelerating Growth: NOKIAS's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: NOKIAS had negative earnings growth (-81.1%) over the past year, making it difficult to compare to the Communications industry average (-11.4%).

Return on Equity

High ROE: NOKIAS's Return on Equity (3.9%) is considered low.

Return on Assets

Return on Capital Employed

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/05/01 05:02
End of Day Share Price 2024/02/02 00:00
Earnings2024/03/31
Annual Earnings2023/12/31

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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.

AnalystInstitution
null nullABG Sundal Collier
Jean-Michel SalvadorAlphaValue
Richard KramerArete Research Services LLP