NOKIA OYJ (1NOKIA.MI) Stock Fundamental Analysis
Europe - BIT:1NOKIA - FI0009000681 - Common Stock
5.95 EUR
+0.01 (+0.13%)
1NOKIA gets a fundamental rating of 5 out of 10. The analysis compared the fundamentals against 27 industry peers in the Communications Equipment industry. 1NOKIA has only an average score on both its financial health and profitability. 1NOKIA has a valuation in line with the averages, but on the other hand it scores bad on growth.
1. Profitability
1.1 Basic Checks
In the past year 1NOKIA was profitable.
In the past year 1NOKIA had a positive cash flow from operations.
Of the past 5 years 1NOKIA 4 years were profitable.
In the past 5 years 1NOKIA always reported a positive cash flow from operatings.
1.2 Ratios
With a decent Return On Assets value of 2.83%, 1NOKIA is doing good in the industry, outperforming 62.96% of the companies in the same industry.
Looking at the Return On Equity, with a value of 5.17%, 1NOKIA is in the better half of the industry, outperforming 62.96% of the companies in the same industry.
1NOKIA has a Return On Invested Capital (2.89%) which is in line with its industry peers.
The Average Return On Invested Capital over the past 3 years for 1NOKIA is significantly below the industry average of 10.70%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.83% | ||
| ROE | 5.17% | ||
| ROIC | 2.89% |
ROA(3y)4.94%
ROA(5y)2.38%
ROE(3y)9.78%
ROE(5y)3.69%
ROIC(3y)4.03%
ROIC(5y)4.01%
1.3 Margins
With a decent Profit Margin value of 5.30%, 1NOKIA is doing good in the industry, outperforming 66.67% of the companies in the same industry.
In the last couple of years the Profit Margin of 1NOKIA has grown nicely.
Looking at the Operating Margin, with a value of 6.21%, 1NOKIA is in the better half of the industry, outperforming 62.96% of the companies in the same industry.
1NOKIA's Operating Margin has improved in the last couple of years.
With a Gross Margin value of 44.23%, 1NOKIA perfoms like the industry average, outperforming 48.15% of the companies in the same industry.
1NOKIA's Gross Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 6.21% | ||
| PM (TTM) | 5.3% | ||
| GM | 44.23% |
OM growth 3Y-3.28%
OM growth 5Y14.2%
PM growth 3Y-3.13%
PM growth 5Y194.44%
GM growth 3Y5.04%
GM growth 5Y5.25%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), 1NOKIA is destroying value.
Compared to 1 year ago, 1NOKIA has less shares outstanding
Compared to 5 years ago, 1NOKIA has less shares outstanding
1NOKIA has a better debt/assets ratio than last year.
2.2 Solvency
1NOKIA has an Altman-Z score of 2.60. This is not the best score and indicates that 1NOKIA is in the grey zone with still only limited risk for bankruptcy at the moment.
Looking at the Altman-Z score, with a value of 2.60, 1NOKIA is in line with its industry, outperforming 55.56% of the companies in the same industry.
1NOKIA has a debt to FCF ratio of 2.77. This is a good value and a sign of high solvency as 1NOKIA would need 2.77 years to pay back of all of its debts.
1NOKIA's Debt to FCF ratio of 2.77 is fine compared to the rest of the industry. 1NOKIA outperforms 66.67% of its industry peers.
1NOKIA has a Debt/Equity ratio of 0.16. This is a healthy value indicating a solid balance between debt and equity.
1NOKIA's Debt to Equity ratio of 0.16 is fine compared to the rest of the industry. 1NOKIA outperforms 77.78% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.16 | ||
| Debt/FCF | 2.77 | ||
| Altman-Z | 2.6 |
ROIC/WACC0.41
WACC7.12%
2.3 Liquidity
1NOKIA has a Current Ratio of 1.46. 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 1.46, 1NOKIA perfoms like the industry average, outperforming 40.74% of the companies in the same industry.
1NOKIA has a Quick Ratio of 1.21. 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 (1.21) which is in line with its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.46 | ||
| Quick Ratio | 1.21 |
3. Growth
3.1 Past
The Earnings Per Share has been growing slightly by 0.12% over the past year.
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 very negative growth in Revenue. The Revenue has decreased by -13.65% 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)0.12%
EPS 3Y1.77%
EPS 5Y11.14%
EPS Q2Q%0.64%
Revenue 1Y (TTM)-13.65%
Revenue growth 3Y-4.69%
Revenue growth 5Y-3.79%
Sales Q2Q%12.53%
3.2 Future
The Earnings Per Share is expected to decrease by -1.04% on average over the next years.
The Revenue is expected to grow by 2.53% on average over the next years.
EPS Next Y-30.06%
EPS Next 2Y-6.46%
EPS Next 3Y-1.18%
EPS Next 5Y-1.04%
Revenue Next Year3.32%
Revenue Next 2Y3.45%
Revenue Next 3Y3.06%
Revenue Next 5Y2.53%
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 decreasing.
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 19.19.
Compared to the rest of the industry, the Price/Earnings ratio of 1NOKIA indicates a somewhat cheap valuation: 1NOKIA is cheaper than 77.78% of the companies listed in the same industry.
1NOKIA's Price/Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 25.67.
The Price/Forward Earnings ratio is 17.43, which indicates a rather expensive current valuation of 1NOKIA.
Based on the Price/Forward Earnings ratio, 1NOKIA is valued a bit cheaper than the industry average as 66.67% of the companies are valued more expensively.
The average S&P500 Price/Forward Earnings ratio is at 31.86. 1NOKIA is valued slightly cheaper when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 19.19 | ||
| Fwd PE | 17.43 |
4.2 Price Multiples
1NOKIA's Enterprise Value to EBITDA is on the same level as the industry average.
The rest of the industry has a similar Price/Free Cash Flow ratio as 1NOKIA.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 21.61 | ||
| EV/EBITDA | 12.87 |
4.3 Compensation for Growth
1NOKIA has a very decent profitability rating, which may justify a higher PE ratio.
PEG (NY)N/A
PEG (5Y)1.72
EPS Next 2Y-6.46%
EPS Next 3Y-1.18%
5. Dividend
5.1 Amount
1NOKIA has a Yearly Dividend Yield of 2.67%.
Compared to an average industry Dividend Yield of 5.15, 1NOKIA pays a better dividend. On top of this 1NOKIA pays more dividend than 85.19% of the companies listed in the same industry.
Compared to an average S&P500 Dividend Yield of 2.40, 1NOKIA has a dividend comparable with the average S&P500 company.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.67% |
5.2 History
The dividend of 1NOKIA has a limited annual growth rate of 5.44%.
Dividend Growth(5Y)5.44%
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
1NOKIA pays out 69.51% of its income as dividend. This is not a sustainable payout ratio.
1NOKIA's earnings are declining while the Dividend Rate has been growing. This means the dividend growth is most likely not sustainable.
DP69.51%
EPS Next 2Y-6.46%
EPS Next 3Y-1.18%
BIT:1NOKIA (11/6/2025, 7:00:00 PM)
5.95
+0.01 (+0.13%)
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 Cap32.01B
Revenue(TTM)19.22B
Net Income(TTM)1.02B
Analysts71.67
Price Target4.63 (-22.18%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.67% |
Yearly Dividend0.13
Dividend Growth(5Y)5.44%
DP69.51%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-25.98%
Min EPS beat(2)-27.18%
Max EPS beat(2)-24.77%
EPS beat(4)1
Avg EPS beat(4)-9.74%
Min EPS beat(4)-27.18%
Max EPS beat(4)30.42%
EPS beat(8)3
Avg EPS beat(8)-6.28%
EPS beat(12)5
Avg EPS beat(12)-5%
EPS beat(16)9
Avg EPS beat(16)-1.1%
Revenue beat(2)0
Avg Revenue beat(2)-5.77%
Min Revenue beat(2)-7.83%
Max Revenue beat(2)-3.71%
Revenue beat(4)1
Avg Revenue beat(4)-5.52%
Min Revenue beat(4)-11.71%
Max Revenue beat(4)1.17%
Revenue beat(8)1
Avg Revenue beat(8)-8.3%
Revenue beat(12)2
Avg Revenue beat(12)-5.98%
Revenue beat(16)3
Avg Revenue beat(16)-4.86%
PT rev (1m)-0.03%
PT rev (3m)-6.09%
EPS NQ rev (1m)-6.95%
EPS NQ rev (3m)-22.46%
EPS NY rev (1m)0%
EPS NY rev (3m)-15.71%
Revenue NQ rev (1m)-0.64%
Revenue NQ rev (3m)-3.49%
Revenue NY rev (1m)-0.17%
Revenue NY rev (3m)-2.97%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 19.19 | ||
| Fwd PE | 17.43 | ||
| P/S | 1.66 | ||
| P/FCF | 21.61 | ||
| P/OCF | 15.72 | ||
| P/B | 1.62 | ||
| P/tB | 2.64 | ||
| EV/EBITDA | 12.87 |
EPS(TTM)0.31
EY5.21%
EPS(NY)0.34
Fwd EY5.74%
FCF(TTM)0.28
FCFY4.63%
OCF(TTM)0.38
OCFY6.36%
SpS3.58
BVpS3.67
TBVpS2.26
PEG (NY)N/A
PEG (5Y)1.72
Graham Number5.06
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.83% | ||
| ROE | 5.17% | ||
| ROCE | 4.56% | ||
| ROIC | 2.89% | ||
| ROICexc | 3.76% | ||
| ROICexgc | 6.03% | ||
| OM | 6.21% | ||
| PM (TTM) | 5.3% | ||
| GM | 44.23% | ||
| FCFM | 7.7% |
ROA(3y)4.94%
ROA(5y)2.38%
ROE(3y)9.78%
ROE(5y)3.69%
ROIC(3y)4.03%
ROIC(5y)4.01%
ROICexc(3y)5.79%
ROICexc(5y)5.89%
ROICexgc(3y)8.68%
ROICexgc(5y)9.27%
ROCE(3y)6.35%
ROCE(5y)6.32%
ROICexgc growth 3Y-10.42%
ROICexgc growth 5Y11%
ROICexc growth 3Y-8.64%
ROICexc growth 5Y12.18%
OM growth 3Y-3.28%
OM growth 5Y14.2%
PM growth 3Y-3.13%
PM growth 5Y194.44%
GM growth 3Y5.04%
GM growth 5Y5.25%
F-Score8
Asset Turnover0.53
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.16 | ||
| Debt/FCF | 2.77 | ||
| Debt/EBITDA | 1.41 | ||
| Cap/Depr | 53.68% | ||
| Cap/Sales | 2.88% | ||
| Interest Coverage | 4.88 | ||
| Cash Conversion | 91.3% | ||
| Profit Quality | 145.2% | ||
| Current Ratio | 1.46 | ||
| Quick Ratio | 1.21 | ||
| Altman-Z | 2.6 |
F-Score8
WACC7.12%
ROIC/WACC0.41
Cap/Depr(3y)53.08%
Cap/Depr(5y)50.54%
Cap/Sales(3y)2.6%
Cap/Sales(5y)2.5%
Profit Quality(3y)92.93%
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)0.12%
EPS 3Y1.77%
EPS 5Y11.14%
EPS Q2Q%0.64%
EPS Next Y-30.06%
EPS Next 2Y-6.46%
EPS Next 3Y-1.18%
EPS Next 5Y-1.04%
Revenue 1Y (TTM)-13.65%
Revenue growth 3Y-4.69%
Revenue growth 5Y-3.79%
Sales Q2Q%12.53%
Revenue Next Year3.32%
Revenue Next 2Y3.45%
Revenue Next 3Y3.06%
Revenue Next 5Y2.53%
EBIT growth 1Y-26.17%
EBIT growth 3Y-7.82%
EBIT growth 5Y9.88%
EBIT Next Year10.01%
EBIT Next 3Y12.49%
EBIT Next 5Y8.23%
FCF growth 1Y3797.37%
FCF growth 3Y-0.72%
FCF growth 5YN/A
OCF growth 1Y187.57%
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 4 / 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 19.19 and the Price/Book (PB) ratio is 1.62.
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 -30.06% in the next year.