NOKIA OYJ (1NOKIA.MI) Stock Fundamental Analysis
Europe - Euronext Milan - BIT:1NOKIA - FI0009000681 - Common Stock
5.288 EUR
+0.09 (+1.77%)
Overall 1NOKIA gets a fundamental rating of 5 out of 10. We evaluated 1NOKIA against 28 industry peers in the Communications Equipment industry. 1NOKIA has an average financial health and profitability rating. 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
1NOKIA had positive earnings in the past year.
1NOKIA had a positive operating cash flow in the past year.
Of the past 5 years 1NOKIA 4 years were profitable.
Each year in the past 5 years 1NOKIA had a positive operating cash flow.
1.2 Ratios
With a decent Return On Assets value of 2.57%, 1NOKIA is doing good in the industry, outperforming 71.43% of the companies in the same industry.
1NOKIA's Return On Equity of 4.74% is fine compared to the rest of the industry. 1NOKIA outperforms 64.29% of its industry peers.
Looking at the Return On Invested Capital, with a value of 2.86%, 1NOKIA is in the better half of the industry, outperforming 64.29% of the companies in the same industry.
1NOKIA had an Average Return On Invested Capital over the past 3 years of 4.03%. This 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 Profit Margin of 4.70%. This is in the better half of the industry: 1NOKIA outperforms 67.86% of its industry peers.
1NOKIA's Profit Margin has improved in the last couple of years.
The Operating Margin of 1NOKIA (6.02%) is better than 71.43% of its industry peers.
In the last couple of years the Operating Margin of 1NOKIA has grown nicely.
Looking at the Gross Margin, with a value of 43.88%, 1NOKIA is in line with its industry, outperforming 53.57% of the companies in the same 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
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
The number of shares outstanding for 1NOKIA has been reduced compared to 5 years ago.
Compared to 1 year ago, 1NOKIA has an improved debt to assets ratio.
2.2 Solvency
1NOKIA has an Altman-Z score of 2.51. 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.
With a Altman-Z score value of 2.51, 1NOKIA perfoms like the industry average, outperforming 57.14% of the companies in the same industry.
The Debt to FCF ratio of 1NOKIA is 3.16, which is a good value as it means it would take 1NOKIA, 3.16 years of fcf income to pay off all of its debts.
The Debt to FCF ratio of 1NOKIA (3.16) is better than 67.86% 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 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
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.
1NOKIA has a Current ratio of 1.48. This is comparable to the rest of the industry: 1NOKIA outperforms 50.00% of its industry peers.
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 in line with its industry peers.
| 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.
The Earnings Per Share has been growing by 11.14% on average over the past years. This is quite good.
1NOKIA shows a small growth in Revenue. In the last year, the Revenue has grown by 3.04%.
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
Based on estimates for the next years, 1NOKIA will show a small growth in Earnings Per Share. The EPS will grow by 0.30% on average per year.
The Revenue is expected to grow by 3.15% on average over the next years.
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
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.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
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 cheaply inside the industry as 85.71% of the companies are valued more expensively.
Compared to an average S&P500 Price/Earnings ratio of 26.15, 1NOKIA is valued a bit cheaper.
1NOKIA is valuated correctly with a Price/Forward Earnings ratio of 15.15.
1NOKIA's Price/Forward Earnings ratio is a bit cheaper when compared to the industry. 1NOKIA is cheaper than 78.57% of the companies in the same industry.
Compared to an average S&P500 Price/Forward Earnings ratio of 36.22, 1NOKIA is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 17.06 | ||
| Fwd PE | 15.15 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of 1NOKIA indicates a somewhat cheap valuation: 1NOKIA is cheaper than 75.00% of the companies listed in the same industry.
1NOKIA's Price/Free Cash Flow ratio is a bit cheaper when compared to the industry. 1NOKIA is cheaper than 64.29% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 22.77 | ||
| EV/EBITDA | 11.53 |
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-5.39%
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.
Compared to an average industry Dividend Yield of 5.63, 1NOKIA pays a bit more dividend than its industry peers.
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
1NOKIA pays out 81.90% of its income as dividend. This is not a sustainable payout ratio.
1NOKIA's earnings are growing slower than its dividend. This means the dividend growth is not sustainable.
DP81.9%
EPS Next 2Y-5.39%
EPS Next 3Y-0.4%
BIT:1NOKIA (11/27/2025, 7:00:00 PM)
5.288
+0.09 (+1.77%)
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 Cap29.32B
Revenue(TTM)19.75B
Net Income(TTM)928.00M
Analysts70
Price Target5.69 (7.6%)
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 | 1.48 | ||
| P/FCF | 22.77 | ||
| P/OCF | 15.4 | ||
| P/B | 1.5 | ||
| P/tB | 2.43 | ||
| EV/EBITDA | 11.53 |
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 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 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.