NOKIA OYJ (1NOKIA.MI) Fundamental Analysis & Valuation
BIT:1NOKIA • FI0009000681
Current stock price
10.59 EUR
+0.18 (+1.68%)
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.
- In the past year 1NOKIA had a positive cash flow from operations.
- 1NOKIA had positive earnings in each of the past 5 years.
- 1NOKIA had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
- 1NOKIA has a Return On Assets (1.73%) which is in line with its industry peers.
- 1NOKIA's Return On Equity of 3.10% is in line compared to the rest of the industry. 1NOKIA outperforms 56.25% of its industry peers.
- Looking at the Return On Invested Capital, with a value of 2.23%, 1NOKIA is in line with its industry, outperforming 56.25% of the companies in the same industry.
- 1NOKIA had an Average Return On Invested Capital over the past 3 years of 3.38%. This is significantly below the industry average of 11.07%.
| 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
- With a Profit Margin value of 3.27%, 1NOKIA perfoms like the industry average, outperforming 56.25% of the companies in the same industry.
- In the last couple of years the Profit Margin of 1NOKIA has declined.
- The Operating Margin of 1NOKIA (4.08%) is comparable to the rest of the industry.
- In the last couple of years the Operating Margin of 1NOKIA has declined.
- The Gross Margin of 1NOKIA (43.54%) is comparable to the rest of the industry.
- 1NOKIA's Gross Margin has improved in the last couple of years.
| 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
- 1NOKIA has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
- 1NOKIA has more shares outstanding than it did 1 year ago.
- 1NOKIA has less shares outstanding than it did 5 years ago.
- 1NOKIA has a better debt/assets ratio than last year.
2.2 Solvency
- 1NOKIA has an Altman-Z score of 3.63. This indicates that 1NOKIA is financially healthy and has little risk of bankruptcy at the moment.
- The Altman-Z score of 1NOKIA (3.63) 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.
- 1NOKIA has a Debt to FCF ratio (3.01) which is in line with its industry peers.
- A Debt/Equity ratio of 0.15 indicates that 1NOKIA is not too dependend on debt financing.
- 1NOKIA has a Debt to Equity ratio (0.15) which is in line with its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.15 | ||
| Debt/FCF | 3.01 | ||
| Altman-Z | 3.63 |
ROIC/WACC0.28
WACC8.06%
2.3 Liquidity
- A Current Ratio of 1.58 indicates that 1NOKIA should not have too much problems paying 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.
- The Quick ratio of 1NOKIA (1.36) is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.58 | ||
| Quick Ratio | 1.36 |
3. 1NOKIA.MI Growth Analysis
3.1 Past
- The earnings per share for 1NOKIA have decreased by -5.66% in the last year.
- 1NOKIA shows a small growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 2.21% yearly.
- Looking at the last year, 1NOKIA shows a small growth in Revenue. The Revenue has grown by 3.48% in the last year.
- 1NOKIA shows a decrease in Revenue. Measured over the last years, the Revenue has been decreasing by -1.86% yearly.
EPS 1Y (TTM)-5.66%
EPS 3Y-12.3%
EPS 5Y2.21%
EPS Q2Q%71.04%
Revenue 1Y (TTM)3.48%
Revenue growth 3Y-7.23%
Revenue growth 5Y-1.86%
Sales Q2Q%2.52%
3.2 Future
- 1NOKIA is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 11.85% yearly.
- 1NOKIA is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 2.56% yearly.
EPS Next Y12.27%
EPS Next 2Y14.17%
EPS Next 3Y13.89%
EPS Next 5Y11.85%
Revenue Next Year3.17%
Revenue Next 2Y3.64%
Revenue Next 3Y4.07%
Revenue Next 5Y2.56%
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 34.16, 1NOKIA can be considered very expensive at the moment.
- 68.75% of the companies in the same industry are more expensive than 1NOKIA, based on the Price/Earnings ratio.
- When comparing the Price/Earnings ratio of 1NOKIA to the average of the S&P500 Index (26.77), we can say 1NOKIA is valued slightly more expensively.
- With a Price/Forward Earnings ratio of 28.02, 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.
- 1NOKIA is valuated rather expensively when we compare the Price/Forward Earnings ratio to 21.75, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 34.16 | ||
| Fwd PE | 28.02 |
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.
- The rest of the industry has a similar Price/Free Cash Flow ratio as 1NOKIA.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 41.51 | ||
| EV/EBITDA | 29.62 |
4.3 Compensation for Growth
- The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates 1NOKIA does not grow enough to justify the current Price/Earnings ratio.
- 1NOKIA's earnings are expected to grow with 13.89% in the coming years. This may justify a more expensive valuation.
PEG (NY)2.78
PEG (5Y)15.47
EPS Next 2Y14.17%
EPS Next 3Y13.89%
5. 1NOKIA.MI Dividend Analysis
5.1 Amount
- With a Yearly Dividend Yield of 1.55%, 1NOKIA has a reasonable but not impressive dividend return.
- Compared to an average industry Dividend Yield of 2.18, 1NOKIA pays a bit more dividend than its industry peers.
- Compared to an average S&P500 Dividend Yield of 1.82, 1NOKIA has a dividend comparable with the average S&P500 company.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.55% |
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 (4/30/2026, 7:00:00 PM)
10.59
+0.18 (+1.68%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupTechnology Hardware & Equipment
GICS IndustryCommunications Equipment
Industry StrengthN/A
Industry GrowthN/A
Earnings (Last)04-23 2026-04-23/bmo
Earnings (Next)07-23 2026-07-23
Inst Owners38.58%
Inst Owner ChangeN/A
Ins Owners0.08%
Ins Owner ChangeN/A
Market Cap60.81B
Revenue(TTM)19.89B
Net Income(TTM)650.00M
Analysts68.65
Price Target6.7 (-36.73%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.55% |
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)13.99%
PT rev (3m)15.5%
EPS NQ rev (1m)8.12%
EPS NQ rev (3m)-10.38%
EPS NY rev (1m)1.29%
EPS NY rev (3m)-2.2%
Revenue NQ rev (1m)1.51%
Revenue NQ rev (3m)-4.22%
Revenue NY rev (1m)0.55%
Revenue NY rev (3m)-0.65%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 34.16 | ||
| Fwd PE | 28.02 | ||
| P/S | 3.06 | ||
| P/FCF | 41.51 | ||
| P/OCF | 29.36 | ||
| P/B | 2.9 | ||
| P/tB | 4.48 | ||
| EV/EBITDA | 29.62 |
EPS(TTM)0.31
EY2.93%
EPS(NY)0.38
Fwd EY3.57%
FCF(TTM)0.26
FCFY2.41%
OCF(TTM)0.36
OCFY3.41%
SpS3.46
BVpS3.65
TBVpS2.36
PEG (NY)2.78
PEG (5Y)15.47
Graham Number5.04661 (-52.35%)
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 | 3.63 |
F-Score5
WACC8.06%
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)-5.66%
EPS 3Y-12.3%
EPS 5Y2.21%
EPS Q2Q%71.04%
EPS Next Y12.27%
EPS Next 2Y14.17%
EPS Next 3Y13.89%
EPS Next 5Y11.85%
Revenue 1Y (TTM)3.48%
Revenue growth 3Y-7.23%
Revenue growth 5Y-1.86%
Sales Q2Q%2.52%
Revenue Next Year3.17%
Revenue Next 2Y3.64%
Revenue Next 3Y4.07%
Revenue Next 5Y2.56%
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 5Y16.48%
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 2 / 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%.