NOKIA OYJ (1NOKIA.MI) Stock Fundamental Analysis
Europe - Euronext Milan - BIT:1NOKIA - FI0009000681 - Common Stock
5.28 EUR
+0.01 (+0.19%)
Taking everything into account, 1NOKIA scores 5 out of 10 in our fundamental rating. 1NOKIA was compared to 31 industry peers in the Communications Equipment industry. Both the profitability and the financial health of 1NOKIA get a neutral evaluation. Nothing too spectacular is happening here. 1NOKIA is valued correctly, but it does not seem to be growing.
1. Profitability
1.1 Basic Checks
1NOKIA had positive earnings in the past year.
In the past year 1NOKIA had a positive cash flow from operations.
1NOKIA had positive earnings in 4 of the past 5 years.
1NOKIA had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
1NOKIA's Return On Assets of 2.57% is fine compared to the rest of the industry. 1NOKIA outperforms 64.52% of its industry peers.
Looking at the Return On Equity, with a value of 4.74%, 1NOKIA is in line with its industry, outperforming 54.84% of the companies in the same industry.
Looking at the Return On Invested Capital, with a value of 2.84%, 1NOKIA is in line with its industry, outperforming 58.06% of the companies in the same industry.
The Average Return On Invested Capital over the past 3 years for 1NOKIA is significantly below the industry average of 10.97%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.57% | ||
| ROE | 4.74% | ||
| ROIC | 2.84% |
ROA(3y)4.94%
ROA(5y)2.38%
ROE(3y)9.78%
ROE(5y)3.69%
ROIC(3y)4.06%
ROIC(5y)4.02%
1.3 Margins
With a Profit Margin value of 4.70%, 1NOKIA perfoms like the industry average, outperforming 58.06% of the companies in the same industry.
In the last couple of years the Profit Margin of 1NOKIA has grown nicely.
1NOKIA has a Operating Margin of 6.02%. This is in the better half of the industry: 1NOKIA outperforms 64.52% of its industry peers.
In the last couple of years the Operating Margin of 1NOKIA has grown nicely.
1NOKIA has a Gross Margin (43.88%) which is in line with its industry peers.
1NOKIA's Gross Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 6.02% | ||
| PM (TTM) | 4.7% | ||
| GM | 43.88% |
OM growth 3Y-2.82%
OM growth 5Y14.53%
PM growth 3Y-3.13%
PM growth 5Y194.44%
GM growth 3Y5.04%
GM growth 5Y5.25%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so 1NOKIA is destroying value.
Compared to 1 year ago, 1NOKIA has less shares outstanding
The number of shares outstanding for 1NOKIA has been reduced compared to 5 years ago.
1NOKIA has a better debt/assets ratio than last year.
2.2 Solvency
An Altman-Z score of 2.52 indicates that 1NOKIA is not a great score, but indicates only limited risk for bankruptcy at the moment.
With a Altman-Z score value of 2.52, 1NOKIA perfoms like the industry average, outperforming 58.06% of the companies in the same industry.
1NOKIA has a debt to FCF ratio of 3.16. This is a good value and a sign of high solvency as 1NOKIA would need 3.16 years to pay back of all of its debts.
1NOKIA has a Debt to FCF ratio of 3.16. This is in the better half of the industry: 1NOKIA outperforms 61.29% of its industry peers.
A Debt/Equity ratio of 0.16 indicates that 1NOKIA is not too dependend on debt financing.
With a decent Debt to Equity ratio value of 0.16, 1NOKIA is doing good in the industry, outperforming 64.52% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.16 | ||
| Debt/FCF | 3.16 | ||
| Altman-Z | 2.52 |
ROIC/WACC0.37
WACC7.6%
2.3 Liquidity
1NOKIA has a Current Ratio of 1.48. This is a normal value and indicates that 1NOKIA is financially healthy and should not expect problems in meeting its short term obligations.
With a Current ratio value of 1.48, 1NOKIA perfoms like the industry average, outperforming 41.94% of the companies in the same industry.
1NOKIA has a Quick Ratio of 1.23. 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 (1.23) which is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.48 | ||
| Quick Ratio | 1.23 |
3. Growth
3.1 Past
1NOKIA shows a slight negative growth in Earnings Per Share. In the last year, the EPS has decreased by 0.00%.
The Earnings Per Share has been growing by 11.14% on average over the past years. This is quite good.
Looking at the last year, 1NOKIA shows a small growth in Revenue. The Revenue has grown by 3.04% in the last year.
Measured over the past years, 1NOKIA shows a decrease in Revenue. The Revenue has been decreasing by -3.79% on average per year.
EPS 1Y (TTM)0%
EPS 3Y1.77%
EPS 5Y11.14%
EPS Q2Q%0%
Revenue 1Y (TTM)3.04%
Revenue growth 3Y-4.69%
Revenue growth 5Y-3.79%
Sales Q2Q%11.6%
3.2 Future
1NOKIA is expected to show a small growth in Earnings Per Share. In the coming years, the EPS will grow by 0.30% yearly.
1NOKIA is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 3.15% yearly.
EPS Next Y-29.57%
EPS Next 2Y-5.92%
EPS Next 3Y-0.18%
EPS Next 5Y0.3%
Revenue Next Year3.96%
Revenue Next 2Y3.93%
Revenue Next 3Y3.64%
Revenue Next 5Y3.15%
3.3 Evolution
The EPS growth rate is decreasing: in the next years the growth will be less than in the last years.
The Revenue growth rate is accelerating: in the next years the growth will be better than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
1NOKIA is valuated rather expensively with a Price/Earnings ratio of 17.03.
Based on the Price/Earnings ratio, 1NOKIA is valued cheaply inside the industry as 80.65% of the companies are valued more expensively.
The average S&P500 Price/Earnings ratio is at 26.55. 1NOKIA is valued slightly cheaper when compared to this.
Based on the Price/Forward Earnings ratio of 15.30, the valuation of 1NOKIA can be described as correct.
74.19% of the companies in the same industry are more expensive than 1NOKIA, based on the Price/Forward Earnings ratio.
1NOKIA is valuated rather cheaply when we compare the Price/Forward Earnings ratio to 23.78, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 17.03 | ||
| Fwd PE | 15.3 |
4.2 Price Multiples
1NOKIA's Enterprise Value to EBITDA ratio is a bit cheaper when compared to the industry. 1NOKIA is cheaper than 74.19% of the companies in the same industry.
61.29% of the companies in the same industry are more expensive than 1NOKIA, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 22.73 | ||
| EV/EBITDA | 11.67 |
4.3 Compensation for Growth
The decent profitability rating of 1NOKIA may justify a higher PE ratio.
PEG (NY)N/A
PEG (5Y)1.53
EPS Next 2Y-5.92%
EPS Next 3Y-0.18%
5. Dividend
5.1 Amount
1NOKIA has a Yearly Dividend Yield of 2.59%. Purely for dividend investing, there may be better candidates out there.
1NOKIA's Dividend Yield is rather good when compared to the industry average which is at 2.76. 1NOKIA pays more dividend than 87.10% of the companies in the same industry.
Compared to an average S&P500 Dividend Yield of 1.87, 1NOKIA pays a bit more dividend than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.59% |
5.2 History
Dividend Growth(5Y)N/A
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
81.90% of the earnings are spent on dividend by 1NOKIA. This is not a sustainable payout ratio.
DP81.9%
EPS Next 2Y-5.92%
EPS Next 3Y-0.18%
BIT:1NOKIA (12/15/2025, 7:00:00 PM)
5.28
+0.01 (+0.19%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupTechnology Hardware & Equipment
GICS IndustryCommunications Equipment
Earnings (Last)
Earnings (Next)
Inst Owners36.69%
Inst Owner ChangeN/A
Ins Owners0.1%
Ins Owner ChangeN/A
Market Cap29.28B
Revenue(TTM)19.75B
Net Income(TTM)928.00M
Analysts71.11
Price Target5.6 (6.06%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.59% |
Yearly Dividend0.06
Dividend Growth(5Y)N/A
DP81.9%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)-4.03%
Min EPS beat(2)-24.77%
Max EPS beat(2)16.71%
EPS beat(4)2
Avg EPS beat(4)-1.21%
Min EPS beat(4)-27.18%
Max EPS beat(4)30.42%
EPS beat(8)4
Avg EPS beat(8)-0.71%
EPS beat(12)5
Avg EPS beat(12)-3.87%
EPS beat(16)9
Avg EPS beat(16)-1.37%
Revenue beat(2)1
Avg Revenue beat(2)-3.52%
Min Revenue beat(2)-7.83%
Max Revenue beat(2)0.79%
Revenue beat(4)2
Avg Revenue beat(4)-2.39%
Min Revenue beat(4)-7.83%
Max Revenue beat(4)1.17%
Revenue beat(8)2
Avg Revenue beat(8)-6.37%
Revenue beat(12)3
Avg Revenue beat(12)-5.91%
Revenue beat(16)4
Avg Revenue beat(16)-4.64%
PT rev (1m)12.62%
PT rev (3m)21.04%
EPS NQ rev (1m)1.53%
EPS NQ rev (3m)-0.51%
EPS NY rev (1m)0.82%
EPS NY rev (3m)-1.4%
Revenue NQ rev (1m)0.43%
Revenue NQ rev (3m)-0.65%
Revenue NY rev (1m)0.21%
Revenue NY rev (3m)0.46%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 17.03 | ||
| Fwd PE | 15.3 | ||
| P/S | 1.48 | ||
| P/FCF | 22.73 | ||
| P/OCF | 15.38 | ||
| P/B | 1.5 | ||
| P/tB | 2.43 | ||
| EV/EBITDA | 11.67 |
EPS(TTM)0.31
EY5.87%
EPS(NY)0.35
Fwd EY6.54%
FCF(TTM)0.23
FCFY4.4%
OCF(TTM)0.34
OCFY6.5%
SpS3.56
BVpS3.53
TBVpS2.18
PEG (NY)N/A
PEG (5Y)1.53
Graham Number4.96
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.57% | ||
| ROE | 4.74% | ||
| ROCE | 4.51% | ||
| ROIC | 2.84% | ||
| ROICexc | 3.7% | ||
| ROICexgc | 5.87% | ||
| OM | 6.02% | ||
| PM (TTM) | 4.7% | ||
| GM | 43.88% | ||
| FCFM | 6.52% |
ROA(3y)4.94%
ROA(5y)2.38%
ROE(3y)9.78%
ROE(5y)3.69%
ROIC(3y)4.06%
ROIC(5y)4.02%
ROICexc(3y)5.84%
ROICexc(5y)5.9%
ROICexgc(3y)8.74%
ROICexgc(5y)9.29%
ROCE(3y)6.44%
ROCE(5y)6.38%
ROICexgc growth 3Y-10%
ROICexgc growth 5Y11.31%
ROICexc growth 3Y-8.21%
ROICexc growth 5Y12.5%
OM growth 3Y-2.82%
OM growth 5Y14.53%
PM growth 3Y-3.13%
PM growth 5Y194.44%
GM growth 3Y5.04%
GM growth 5Y5.25%
F-Score7
Asset Turnover0.55
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.16 | ||
| Debt/FCF | 3.16 | ||
| Debt/EBITDA | 1.39 | ||
| Cap/Depr | 57.04% | ||
| Cap/Sales | 3.12% | ||
| Interest Coverage | 5.45 | ||
| Cash Conversion | 83.95% | ||
| Profit Quality | 138.79% | ||
| Current Ratio | 1.48 | ||
| Quick Ratio | 1.23 | ||
| Altman-Z | 2.52 |
F-Score7
WACC7.6%
ROIC/WACC0.37
Cap/Depr(3y)53.08%
Cap/Depr(5y)50.54%
Cap/Sales(3y)2.65%
Cap/Sales(5y)2.53%
Profit Quality(3y)92.93%
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)0%
EPS 3Y1.77%
EPS 5Y11.14%
EPS Q2Q%0%
EPS Next Y-29.57%
EPS Next 2Y-5.92%
EPS Next 3Y-0.18%
EPS Next 5Y0.3%
Revenue 1Y (TTM)3.04%
Revenue growth 3Y-4.69%
Revenue growth 5Y-3.79%
Sales Q2Q%11.6%
Revenue Next Year3.96%
Revenue Next 2Y3.93%
Revenue Next 3Y3.64%
Revenue Next 5Y3.15%
EBIT growth 1Y-28.3%
EBIT growth 3Y-7.39%
EBIT growth 5Y10.19%
EBIT Next Year8.43%
EBIT Next 3Y12.6%
EBIT Next 5Y9.55%
FCF growth 1Y288.3%
FCF growth 3Y-0.72%
FCF growth 5YN/A
OCF growth 1Y13500%
OCF growth 3Y-1.71%
OCF growth 5Y44.92%
NOKIA OYJ / 1NOKIA.MI FAQ
What is the ChartMill fundamental rating of NOKIA OYJ (1NOKIA.MI) stock?
ChartMill assigns a fundamental rating of 5 / 10 to 1NOKIA.MI.
Can you provide the valuation status for NOKIA OYJ?
ChartMill assigns a valuation rating of 5 / 10 to NOKIA OYJ (1NOKIA.MI). This can be considered as Fairly Valued.
How profitable is NOKIA OYJ (1NOKIA.MI) stock?
NOKIA OYJ (1NOKIA.MI) has a profitability rating of 6 / 10.
What are the PE and PB ratios of NOKIA OYJ (1NOKIA.MI) stock?
The Price/Earnings (PE) ratio for NOKIA OYJ (1NOKIA.MI) is 17.03 and the Price/Book (PB) ratio is 1.5.
Can you provide the expected EPS growth for 1NOKIA stock?
The Earnings per Share (EPS) of NOKIA OYJ (1NOKIA.MI) is expected to decline by -29.57% in the next year.