NOKIA OYJ (1NOKIA.MI) Stock Fundamental Analysis
Europe - Euronext Milan - BIT:1NOKIA - FI0009000681 - Common Stock
5.29 EUR
+0 (+0.04%)
1NOKIA gets a fundamental rating of 5 out of 10. The analysis compared the fundamentals against 28 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.
1NOKIA had a positive operating cash flow in the past year.
1NOKIA had positive earnings in 4 of the past 5 years.
In the past 5 years 1NOKIA always reported a positive cash flow from operatings.
1.2 Ratios
1NOKIA has a Return On Assets of 2.57%. This is in the better half of the industry: 1NOKIA outperforms 71.43% of its industry peers.
1NOKIA has a better Return On Equity (4.74%) than 64.29% of its industry peers.
The Return On Invested Capital of 1NOKIA (2.86%) is better than 64.29% of its industry peers.
The Average Return On Invested Capital over the past 3 years for 1NOKIA is significantly below the industry average of 10.09%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.57% | ||
| ROE | 4.74% | ||
| ROIC | 2.86% |
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
1NOKIA has a better Profit Margin (4.70%) than 67.86% of its industry peers.
In the last couple of years the Profit Margin of 1NOKIA has grown nicely.
The Operating Margin of 1NOKIA (6.02%) is better than 71.43% of its industry peers.
1NOKIA's Operating Margin has improved in the last couple of years.
The Gross Margin of 1NOKIA (43.88%) is comparable to the rest of the industry.
In the last couple of years the Gross Margin of 1NOKIA has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 6.02% | ||
| PM (TTM) | 4.7% | ||
| GM | 43.88% |
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
The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so 1NOKIA is destroying value.
1NOKIA has less shares outstanding than it did 1 year ago.
Compared to 5 years ago, 1NOKIA has less shares outstanding
Compared to 1 year ago, 1NOKIA has an improved debt to assets ratio.
2.2 Solvency
An Altman-Z score of 2.51 indicates that 1NOKIA is not a great score, but indicates only limited risk for bankruptcy at the moment.
The Altman-Z score of 1NOKIA (2.51) is better than 60.71% of its industry peers.
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.
With a decent Debt to FCF ratio value of 3.16, 1NOKIA is doing good in the industry, outperforming 67.86% of the companies in the same industry.
A Debt/Equity ratio of 0.16 indicates that 1NOKIA is not too dependend on debt financing.
1NOKIA has a better Debt to Equity ratio (0.16) than 75.00% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.16 | ||
| Debt/FCF | 3.16 | ||
| Altman-Z | 2.51 |
ROIC/WACC0.4
WACC7.08%
2.3 Liquidity
A Current Ratio of 1.48 indicates that 1NOKIA should not have too much problems paying its short term obligations.
With a Current ratio value of 1.48, 1NOKIA perfoms like the industry average, outperforming 50.00% of the companies in the same industry.
A Quick Ratio of 1.23 indicates that 1NOKIA should not have too much problems paying 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
The earnings per share for 1NOKIA have decreased by 0.00% in the last year.
1NOKIA shows quite a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 11.14% yearly.
The Revenue has been growing slightly by 3.04% in the past year.
1NOKIA shows a decrease in Revenue. Measured over the last years, the Revenue has been decreasing by -3.79% yearly.
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
The Earnings Per Share is expected to grow by 0.30% on average over the next years.
Based on estimates for the next years, 1NOKIA will show a small growth in Revenue. The Revenue will grow by 3.15% on average per year.
EPS Next Y-30.14%
EPS Next 2Y-5.39%
EPS Next 3Y-0.4%
EPS Next 5Y0.3%
Revenue Next Year3.74%
Revenue Next 2Y3.74%
Revenue Next 3Y3.4%
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
A Price/Earnings ratio of 17.06 indicates a rather expensive valuation of 1NOKIA.
Based on the Price/Earnings ratio, 1NOKIA is valued cheaper than 85.71% of the companies in the same industry.
1NOKIA is valuated rather cheaply when we compare the Price/Earnings ratio to 26.46, which is the current average of the S&P500 Index.
A Price/Forward Earnings ratio of 15.15 indicates a correct valuation of 1NOKIA.
Based on the Price/Forward Earnings ratio, 1NOKIA is valued a bit cheaper than the industry average as 78.57% of the companies are valued more expensively.
1NOKIA is valuated cheaply when we compare the Price/Forward Earnings ratio to 36.10, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 17.06 | ||
| Fwd PE | 15.15 |
4.2 Price Multiples
1NOKIA's Enterprise Value to EBITDA ratio is a bit cheaper when compared to the industry. 1NOKIA is cheaper than 71.43% of the companies in the same industry.
64.29% 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 | 22.78 | ||
| EV/EBITDA | 11.54 |
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)1.53
EPS Next 2Y-5.39%
EPS Next 3Y-0.4%
5. Dividend
5.1 Amount
1NOKIA has a Yearly Dividend Yield of 2.66%. 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 5.63. 1NOKIA pays more dividend than 82.14% of the companies in the same industry.
1NOKIA's Dividend Yield is comparable with the S&P500 average which is at 2.32.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.66% |
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
81.90% of the earnings are spent on dividend by 1NOKIA. This is not a sustainable payout ratio.
The dividend of 1NOKIA is growing, but the earnings are growing slower. This means the dividend growth is not sustainable.
DP81.9%
EPS Next 2Y-5.39%
EPS Next 3Y-0.4%
BIT:1NOKIA (12/4/2025, 7:00:00 PM)
5.29
+0 (+0.04%)
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 Cap29.34B
Revenue(TTM)19.75B
Net Income(TTM)928.00M
Analysts70
Price Target5.69 (7.56%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.66% |
Yearly Dividend0.13
Dividend Growth(5Y)5.44%
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)22.99%
PT rev (3m)23.78%
EPS NQ rev (1m)1.72%
EPS NQ rev (3m)-1.87%
EPS NY rev (1m)-0.12%
EPS NY rev (3m)-2.2%
Revenue NQ rev (1m)0.02%
Revenue NQ rev (3m)-0.84%
Revenue NY rev (1m)0.41%
Revenue NY rev (3m)0.23%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 17.06 | ||
| Fwd PE | 15.15 | ||
| P/S | 1.49 | ||
| P/FCF | 22.78 | ||
| P/OCF | 15.41 | ||
| P/B | 1.5 | ||
| P/tB | 2.43 | ||
| EV/EBITDA | 11.54 |
EPS(TTM)0.31
EY5.86%
EPS(NY)0.35
Fwd EY6.6%
FCF(TTM)0.23
FCFY4.39%
OCF(TTM)0.34
OCFY6.49%
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 | 2.86% | ||
| ROICexc | 3.72% | ||
| ROICexgc | 5.91% | ||
| 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)4.03%
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-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 | 2.51 |
F-Score7
WACC7.08%
ROIC/WACC0.4
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%
EPS 3Y1.77%
EPS 5Y11.14%
EPS Q2Q%0%
EPS Next Y-30.14%
EPS Next 2Y-5.39%
EPS Next 3Y-0.4%
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 Year3.74%
Revenue Next 2Y3.74%
Revenue Next 3Y3.4%
Revenue Next 5Y3.15%
EBIT growth 1Y-26.89%
EBIT growth 3Y-7.82%
EBIT growth 5Y9.88%
EBIT Next Year10.01%
EBIT Next 3Y12.49%
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 17.06 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 -30.14% in the next year.