NOKIA OYJ (1NOKIA.MI) Fundamental Analysis & Valuation
BIT:1NOKIA • FI0009000681
Current stock price
8.648 EUR
+0.06 (+0.72%)
Last:
This 1NOKIA.MI fundamental analysis includes valuation metrics, fair value assessment, financial health analysis, profitability trends, growth metrics and dividend sustainability analysis.
1. 1NOKIA.MI Profitability Analysis
1.1 Basic Checks
- In the past year 1NOKIA was profitable.
- 1NOKIA had a positive operating cash flow in the past year.
- In the past 5 years 1NOKIA has always been profitable.
- In the past 5 years 1NOKIA always reported a positive cash flow from operatings.
1.2 Ratios
- The Return On Assets of 1NOKIA (1.73%) is comparable to the rest of the industry.
- The Return On Equity of 1NOKIA (3.10%) is comparable to the rest of the industry.
- 1NOKIA's Return On Invested Capital of 2.23% is in line compared to the rest of the industry. 1NOKIA outperforms 56.25% of its industry peers.
- 1NOKIA had an Average Return On Invested Capital over the past 3 years of 3.38%. This is significantly below the industry average of 11.16%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.73% | ||
| ROE | 3.1% | ||
| ROIC | 2.23% |
ROA(3y)2.22%
ROA(5y)4.12%
ROE(3y)4.17%
ROE(5y)8.36%
ROIC(3y)3.38%
ROIC(5y)4.4%
1.3 Margins
- The Profit Margin of 1NOKIA (3.27%) is comparable to the rest of the industry.
- 1NOKIA's Profit Margin has declined in the last couple of years.
- 1NOKIA has a Operating Margin (4.08%) which is in line with its industry peers.
- In the last couple of years the Operating Margin of 1NOKIA has declined.
- 1NOKIA's Gross Margin of 43.54% is in line compared to the rest of the industry. 1NOKIA outperforms 50.00% of its industry peers.
- In the last couple of years the Gross Margin of 1NOKIA has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 4.08% | ||
| PM (TTM) | 3.27% | ||
| GM | 43.54% |
OM growth 3Y-26.73%
OM growth 5Y-7.34%
PM growth 3Y-42.32%
PM growth 5YN/A
GM growth 3Y1.99%
GM growth 5Y3.03%
2. 1NOKIA.MI Health Analysis
2.1 Basic Checks
- With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), 1NOKIA is destroying value.
- The number of shares outstanding for 1NOKIA has been increased compared to 1 year ago.
- The number of shares outstanding for 1NOKIA has been reduced compared to 5 years ago.
- The debt/assets ratio for 1NOKIA has been reduced compared to a year ago.
2.2 Solvency
- An Altman-Z score of 3.22 indicates that 1NOKIA is not in any danger for bankruptcy at the moment.
- The Altman-Z score of 1NOKIA (3.22) is comparable to the rest of the industry.
- 1NOKIA has a debt to FCF ratio of 3.01. This is a good value and a sign of high solvency as 1NOKIA would need 3.01 years to pay back of all of its debts.
- With a Debt to FCF ratio value of 3.01, 1NOKIA perfoms like the industry average, outperforming 56.25% of the companies in the same industry.
- A Debt/Equity ratio of 0.15 indicates that 1NOKIA is not too dependend on debt financing.
- 1NOKIA has a Debt to Equity ratio of 0.15. This is in the better half of the industry: 1NOKIA outperforms 62.50% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.15 | ||
| Debt/FCF | 3.01 | ||
| Altman-Z | 3.22 |
ROIC/WACC0.28
WACC8.02%
2.3 Liquidity
- 1NOKIA has a Current Ratio of 1.58. This is a normal value and indicates that 1NOKIA is financially healthy and should not expect problems in meeting its short term obligations.
- 1NOKIA has a Current ratio (1.58) which is comparable to the rest of the industry.
- 1NOKIA has a Quick Ratio of 1.36. This is a normal value and indicates that 1NOKIA is financially healthy and should not expect problems in meeting its short term obligations.
- 1NOKIA has a Quick ratio of 1.36. This is comparable to the rest of the industry: 1NOKIA outperforms 59.38% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.58 | ||
| Quick Ratio | 1.36 |
3. 1NOKIA.MI Growth Analysis
3.1 Past
- 1NOKIA shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -25.64%.
- Measured over the past 5 years, 1NOKIA shows a small growth in Earnings Per Share. The EPS has been growing by 2.21% on average per year.
- The Revenue has been growing slightly by 2.29% in the past year.
- The Revenue has been decreasing by -1.86% on average over the past years.
EPS 1Y (TTM)-25.64%
EPS 3Y-12.3%
EPS 5Y2.21%
EPS Q2Q%-11.11%
Revenue 1Y (TTM)2.29%
Revenue growth 3Y-7.23%
Revenue growth 5Y-1.86%
Sales Q2Q%2.37%
3.2 Future
- The Earnings Per Share is expected to grow by 8.57% on average over the next years. This is quite good.
- Based on estimates for the next years, 1NOKIA will show a small growth in Revenue. The Revenue will grow by 2.99% on average per year.
EPS Next Y12.27%
EPS Next 2Y14.17%
EPS Next 3Y13.89%
EPS Next 5Y8.57%
Revenue Next Year2.92%
Revenue Next 2Y3.48%
Revenue Next 3Y4.03%
Revenue Next 5Y2.99%
3.3 Evolution
- When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
- The Revenue growth rate is accelerating: in the next years the growth will be better than in the last years.
4. 1NOKIA.MI Valuation Analysis
4.1 Price/Earnings Ratio
- With a Price/Earnings ratio of 29.82, 1NOKIA can be considered very expensive at the moment.
- Compared to the rest of the industry, the Price/Earnings ratio of 1NOKIA indicates a somewhat cheap valuation: 1NOKIA is cheaper than 68.75% of the companies listed in the same industry.
- 1NOKIA's Price/Earnings ratio indicates a similar valuation than the S&P500 average which is at 27.87.
- With a Price/Forward Earnings ratio of 26.56, 1NOKIA can be considered very expensive at the moment.
- Based on the Price/Forward Earnings ratio, 1NOKIA is valued a bit cheaper than 71.88% of the companies in the same industry.
- Compared to an average S&P500 Price/Forward Earnings ratio of 38.51, 1NOKIA is valued a bit cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 29.82 | ||
| Fwd PE | 26.56 |
4.2 Price Multiples
- Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of 1NOKIA is on the same level as its industry peers.
- Compared to the rest of the industry, the Price/Free Cash Flow ratio of 1NOKIA is on the same level as its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 33.9 | ||
| EV/EBITDA | 23.65 |
4.3 Compensation for Growth
- The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates an expensive valuation of the company.
- A more expensive valuation may be justified as 1NOKIA's earnings are expected to grow with 13.89% in the coming years.
PEG (NY)2.43
PEG (5Y)13.51
EPS Next 2Y14.17%
EPS Next 3Y13.89%
5. 1NOKIA.MI Dividend Analysis
5.1 Amount
- With a Yearly Dividend Yield of 1.63%, 1NOKIA has a reasonable but not impressive dividend return.
- Compared to an average industry Dividend Yield of 2.35, 1NOKIA pays a bit more dividend than its industry peers.
- 1NOKIA's Dividend Yield is comparable with the S&P500 average which is at 1.82.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.63% |
5.2 History
Dividend Growth(5Y)N/A
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
- 116.77% of the earnings are spent on dividend by 1NOKIA. This is not a sustainable payout ratio.
DP116.77%
EPS Next 2Y14.17%
EPS Next 3Y13.89%
1NOKIA.MI Fundamentals: All Metrics, Ratios and Statistics
BIT:1NOKIA (4/17/2026, 7:00:00 PM)
8.648
+0.06 (+0.72%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupTechnology Hardware & Equipment
GICS IndustryCommunications Equipment
Earnings (Last)01-29 2026-01-29/bmo
Earnings (Next)04-23 2026-04-23/bmo
Inst Owners38.58%
Inst Owner ChangeN/A
Ins Owners0.08%
Ins Owner ChangeN/A
Market Cap49.66B
Revenue(TTM)19.89B
Net Income(TTM)650.00M
Analysts68.65
Price Target6.7 (-22.53%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.63% |
Yearly Dividend0.06
Dividend Growth(5Y)N/A
DP116.77%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)10.86%
Min EPS beat(2)5.01%
Max EPS beat(2)16.71%
EPS beat(4)2
Avg EPS beat(4)-7.56%
Min EPS beat(4)-27.18%
Max EPS beat(4)16.71%
EPS beat(8)5
Avg EPS beat(8)0.08%
EPS beat(12)5
Avg EPS beat(12)-4.59%
EPS beat(16)9
Avg EPS beat(16)-1.48%
Revenue beat(2)1
Avg Revenue beat(2)-0.94%
Min Revenue beat(2)-2.67%
Max Revenue beat(2)0.79%
Revenue beat(4)1
Avg Revenue beat(4)-3.35%
Min Revenue beat(4)-7.83%
Max Revenue beat(4)0.79%
Revenue beat(8)2
Avg Revenue beat(8)-5.29%
Revenue beat(12)2
Avg Revenue beat(12)-6.27%
Revenue beat(16)4
Avg Revenue beat(16)-4.57%
PT rev (1m)14.68%
PT rev (3m)23.62%
EPS NQ rev (1m)19.35%
EPS NQ rev (3m)-13.37%
EPS NY rev (1m)1.29%
EPS NY rev (3m)-6.37%
Revenue NQ rev (1m)0.19%
Revenue NQ rev (3m)-4.66%
Revenue NY rev (1m)0.3%
Revenue NY rev (3m)-0.89%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 29.82 | ||
| Fwd PE | 26.56 | ||
| P/S | 2.5 | ||
| P/FCF | 33.9 | ||
| P/OCF | 23.98 | ||
| P/B | 2.37 | ||
| P/tB | 3.66 | ||
| EV/EBITDA | 23.65 |
EPS(TTM)0.29
EY3.35%
EPS(NY)0.33
Fwd EY3.76%
FCF(TTM)0.26
FCFY2.95%
OCF(TTM)0.36
OCFY4.17%
SpS3.46
BVpS3.65
TBVpS2.36
PEG (NY)2.43
PEG (5Y)13.51
Graham Number4.8811 (-43.56%)
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.73% | ||
| ROE | 3.1% | ||
| ROCE | 2.94% | ||
| ROIC | 2.23% | ||
| ROICexc | 2.95% | ||
| ROICexgc | 4.57% | ||
| OM | 4.08% | ||
| PM (TTM) | 3.27% | ||
| GM | 43.54% | ||
| FCFM | 7.37% |
ROA(3y)2.22%
ROA(5y)4.12%
ROE(3y)4.17%
ROE(5y)8.36%
ROIC(3y)3.38%
ROIC(5y)4.4%
ROICexc(3y)4.79%
ROICexc(5y)6.38%
ROICexgc(3y)7.24%
ROICexgc(5y)9.8%
ROCE(3y)4.47%
ROCE(5y)5.81%
ROICexgc growth 3Y-30.96%
ROICexgc growth 5Y-15.83%
ROICexc growth 3Y-31.84%
ROICexc growth 5Y-13.58%
OM growth 3Y-26.73%
OM growth 5Y-7.34%
PM growth 3Y-42.32%
PM growth 5YN/A
GM growth 3Y1.99%
GM growth 5Y3.03%
F-Score5
Asset Turnover0.53
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.15 | ||
| Debt/FCF | 3.01 | ||
| Debt/EBITDA | 1.62 | ||
| Cap/Depr | 54.16% | ||
| Cap/Sales | 3.05% | ||
| Interest Coverage | 3.83 | ||
| Cash Conversion | 107.31% | ||
| Profit Quality | 225.39% | ||
| Current Ratio | 1.58 | ||
| Quick Ratio | 1.36 | ||
| Altman-Z | 3.22 |
F-Score5
WACC8.02%
ROIC/WACC0.28
Cap/Depr(3y)53.56%
Cap/Depr(5y)52.91%
Cap/Sales(3y)2.86%
Cap/Sales(5y)2.7%
Profit Quality(3y)161.1%
Profit Quality(5y)126.22%
High Growth Momentum
Growth
EPS 1Y (TTM)-25.64%
EPS 3Y-12.3%
EPS 5Y2.21%
EPS Q2Q%-11.11%
EPS Next Y12.27%
EPS Next 2Y14.17%
EPS Next 3Y13.89%
EPS Next 5Y8.57%
Revenue 1Y (TTM)2.29%
Revenue growth 3Y-7.23%
Revenue growth 5Y-1.86%
Sales Q2Q%2.37%
Revenue Next Year2.92%
Revenue Next 2Y3.48%
Revenue Next 3Y4.03%
Revenue Next 5Y2.99%
EBIT growth 1Y-59.99%
EBIT growth 3Y-32.03%
EBIT growth 5Y-9.07%
EBIT Next Year51.48%
EBIT Next 3Y24.21%
EBIT Next 5Y15.29%
FCF growth 1Y-27.51%
FCF growth 3Y18.83%
FCF growth 5Y2.74%
OCF growth 1Y-16.93%
OCF growth 3Y12%
OCF growth 5Y3.32%
NOKIA OYJ / 1NOKIA.MI Fundamental Analysis FAQ
What is the ChartMill fundamental rating of NOKIA OYJ (1NOKIA.MI) stock?
ChartMill assigns a fundamental rating of 4 / 10 to 1NOKIA.MI.
What is the valuation status for 1NOKIA stock?
ChartMill assigns a valuation rating of 3 / 10 to NOKIA OYJ (1NOKIA.MI). This can be considered as Overvalued.
Can you provide the profitability details for NOKIA OYJ?
NOKIA OYJ (1NOKIA.MI) has a profitability rating of 4 / 10.
How financially healthy is NOKIA OYJ?
The financial health rating of NOKIA OYJ (1NOKIA.MI) is 5 / 10.
Can you provide the dividend sustainability for 1NOKIA stock?
The dividend rating of NOKIA OYJ (1NOKIA.MI) is 2 / 10 and the dividend payout ratio is 116.77%.