NOKIA OYJ (1NOKIA.MI) Stock Fundamental Analysis
BIT:1NOKIA • FI0009000681
5.968 EUR
+0.11 (+1.88%)
Last: Feb 16, 2026, 07:00 PM
Taking everything into account, 1NOKIA scores 4 out of 10 in our fundamental rating. 1NOKIA was compared to 31 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.
- In the past year 1NOKIA had a positive cash flow from operations.
- In the past 5 years 1NOKIA has always been profitable.
- In the past 5 years 1NOKIA always reported a positive cash flow from operatings.
1.2 Ratios
- The Return On Assets of 1NOKIA (1.73%) is comparable to the rest of the industry.
- Looking at the Return On Equity, with a value of 3.10%, 1NOKIA is in line with its industry, outperforming 58.06% of the companies in the same industry.
- Looking at the Return On Invested Capital, with a value of 2.23%, 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 9.00%.
| 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)3.51%
ROIC(5y)4.47%
1.3 Margins
- The Profit Margin of 1NOKIA (3.27%) is better than 64.52% of its industry peers.
- In the last couple of years the Profit Margin of 1NOKIA has declined.
- 1NOKIA has a better Operating Margin (4.08%) than 61.29% of its industry peers.
- In the last couple of years the Operating Margin of 1NOKIA has declined.
- 1NOKIA's Gross Margin of 43.54% is in line compared to the rest of the industry. 1NOKIA outperforms 54.84% of its industry peers.
- In the last couple of years the Gross Margin of 1NOKIA has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 4.08% | ||
| PM (TTM) | 3.27% | ||
| GM | 43.54% |
OM growth 3Y-23.64%
OM growth 5Y-5.02%
PM growth 3Y-42.32%
PM growth 5YN/A
GM growth 3Y1.99%
GM growth 5Y3.03%
2. Health
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.
- The number of shares outstanding for 1NOKIA has been increased compared to 1 year ago.
- 1NOKIA has less shares outstanding than it did 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 2.61. 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.
- 1NOKIA's Altman-Z score of 2.61 is in line compared to the rest of the industry. 1NOKIA outperforms 58.06% of its industry peers.
- 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 of 3.01. This is in the better half of the industry: 1NOKIA outperforms 61.29% of its industry peers.
- A Debt/Equity ratio of 0.15 indicates that 1NOKIA is not too dependend on debt financing.
- Looking at the Debt to Equity ratio, with a value of 0.15, 1NOKIA is in the better half of the industry, outperforming 64.52% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.15 | ||
| Debt/FCF | 3.01 | ||
| Altman-Z | 2.61 |
ROIC/WACC0.3
WACC7.53%
2.3 Liquidity
- A Current Ratio of 1.58 indicates that 1NOKIA should not have too much problems paying its short term obligations.
- 1NOKIA's Current ratio of 1.58 is in line compared to the rest of the industry. 1NOKIA outperforms 48.39% of its industry peers.
- A Quick Ratio of 1.36 indicates that 1NOKIA should not have too much problems paying its short term obligations.
- 1NOKIA's Quick ratio of 1.36 is fine compared to the rest of the industry. 1NOKIA outperforms 64.52% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.58 | ||
| Quick Ratio | 1.36 |
3. Growth
3.1 Past
- The earnings per share for 1NOKIA have decreased strongly by -25.64% in the last year.
- The Earnings Per Share has been growing slightly by 2.21% on average over the past years.
- Looking at the last year, 1NOKIA shows a small growth in Revenue. The Revenue has grown by 2.29% 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)-25.64%
EPS 3Y-12.3%
EPS 5Y2.21%
EPS Q2Q%-11.11%
Revenue 1Y (TTM)2.29%
Revenue growth 3Y-7.23%
Revenue growth 5Y-1.86%
Sales Q2Q%2.37%
3.2 Future
- 1NOKIA is expected to show a small growth in Earnings Per Share. In the coming years, the EPS will grow by 6.64% yearly.
- 1NOKIA is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 2.14% yearly.
EPS Next Y14.79%
EPS Next 2Y14.68%
EPS Next 3Y15.03%
EPS Next 5Y6.64%
Revenue Next Year3.98%
Revenue Next 2Y3.57%
Revenue Next 3Y3.57%
Revenue Next 5Y2.14%
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. Valuation
4.1 Price/Earnings Ratio
- 1NOKIA is valuated rather expensively with a Price/Earnings ratio of 20.58.
- Based on the Price/Earnings ratio, 1NOKIA is valued cheaply inside the industry as 80.65% of the companies are valued more expensively.
- 1NOKIA is valuated rather cheaply when we compare the Price/Earnings ratio to 27.19, which is the current average of the S&P500 Index.
- A Price/Forward Earnings ratio of 17.93 indicates a rather expensive valuation of 1NOKIA.
- Based on the Price/Forward Earnings ratio, 1NOKIA is valued a bit cheaper than the industry average as 77.42% of the companies are valued more expensively.
- 1NOKIA's Price/Forward Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 28.06.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 20.58 | ||
| Fwd PE | 17.93 |
4.2 Price Multiples
- Based on the Enterprise Value to EBITDA ratio, 1NOKIA is valued a bit cheaper than the industry average as 77.42% of the companies are valued more expensively.
- Based on the Price/Free Cash Flow ratio, 1NOKIA is valued a bit cheaper than the industry average as 64.52% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 22.59 | ||
| EV/EBITDA | 14.93 |
4.3 Compensation for Growth
- 1NOKIA's PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
- 1NOKIA's earnings are expected to grow with 15.03% in the coming years. This may justify a more expensive valuation.
PEG (NY)1.39
PEG (5Y)9.32
EPS Next 2Y14.68%
EPS Next 3Y15.03%
5. Dividend
5.1 Amount
- 1NOKIA has a Yearly Dividend Yield of 2.41%. 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 2.57. 1NOKIA pays more dividend than 83.87% of the companies in the same industry.
- Compared to an average S&P500 Dividend Yield of 1.82, 1NOKIA pays a bit more dividend than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.41% |
5.2 History
Dividend Growth(5Y)N/A
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
- 1NOKIA pays out 116.59% of its income as dividend. This is not a sustainable payout ratio.
DP116.59%
EPS Next 2Y14.68%
EPS Next 3Y15.03%
BIT:1NOKIA (2/16/2026, 7:00:00 PM)
5.968
+0.11 (+1.88%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupTechnology Hardware & Equipment
GICS IndustryCommunications Equipment
Earnings (Last)01-29 2026-01-29/bmo
Earnings (Next)04-23 2026-04-23
Inst Owners34.4%
Inst Owner ChangeN/A
Ins Owners0.08%
Ins Owner ChangeN/A
Market Cap33.10B
Revenue(TTM)19.89B
Net Income(TTM)651.00M
Analysts71.11
Price Target5.86 (-1.81%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.41% |
Yearly Dividend0.06
Dividend Growth(5Y)N/A
DP116.59%
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)7.32%
PT rev (3m)17.72%
EPS NQ rev (1m)-25.17%
EPS NQ rev (3m)-21.96%
EPS NY rev (1m)-4.27%
EPS NY rev (3m)-4.63%
Revenue NQ rev (1m)-4.37%
Revenue NQ rev (3m)-3.44%
Revenue NY rev (1m)0%
Revenue NY rev (3m)0.57%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 20.58 | ||
| Fwd PE | 17.93 | ||
| P/S | 1.66 | ||
| P/FCF | 22.59 | ||
| P/OCF | 15.98 | ||
| P/B | 1.58 | ||
| P/tB | 2.44 | ||
| EV/EBITDA | 14.93 |
EPS(TTM)0.29
EY4.86%
EPS(NY)0.33
Fwd EY5.58%
FCF(TTM)0.26
FCFY4.43%
OCF(TTM)0.37
OCFY6.26%
SpS3.59
BVpS3.78
TBVpS2.45
PEG (NY)1.39
PEG (5Y)9.32
Graham Number4.97
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.73% | ||
| ROE | 3.1% | ||
| ROCE | 2.94% | ||
| ROIC | 2.23% | ||
| ROICexc | 2.95% | ||
| ROICexgc | 4.58% | ||
| 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)3.51%
ROIC(5y)4.47%
ROICexc(3y)4.95%
ROICexc(5y)6.48%
ROICexgc(3y)7.49%
ROICexgc(5y)9.95%
ROCE(3y)4.63%
ROCE(5y)5.91%
ROICexgc growth 3Y-28.05%
ROICexgc growth 5Y-13.73%
ROICexc growth 3Y-28.96%
ROICexc growth 5Y-11.41%
OM growth 3Y-23.64%
OM growth 5Y-5.02%
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 | 107.25% | ||
| Profit Quality | 225.04% | ||
| Current Ratio | 1.58 | ||
| Quick Ratio | 1.36 | ||
| Altman-Z | 2.61 |
F-Score5
WACC7.53%
ROIC/WACC0.3
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)-25.64%
EPS 3Y-12.3%
EPS 5Y2.21%
EPS Q2Q%-11.11%
EPS Next Y14.79%
EPS Next 2Y14.68%
EPS Next 3Y15.03%
EPS Next 5Y6.64%
Revenue 1Y (TTM)2.29%
Revenue growth 3Y-7.23%
Revenue growth 5Y-1.86%
Sales Q2Q%2.37%
Revenue Next Year3.98%
Revenue Next 2Y3.57%
Revenue Next 3Y3.57%
Revenue Next 5Y2.14%
EBIT growth 1Y-59.94%
EBIT growth 3Y-29.16%
EBIT growth 5Y-6.79%
EBIT Next Year69.64%
EBIT Next 3Y31.38%
EBIT Next 5Y15.64%
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 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 5 / 10 to NOKIA OYJ (1NOKIA.MI). This can be considered as Fairly Valued.
What is the profitability of 1NOKIA stock?
NOKIA OYJ (1NOKIA.MI) has a profitability rating of 5 / 10.
Can you provide the PE and PB ratios for 1NOKIA stock?
The Price/Earnings (PE) ratio for NOKIA OYJ (1NOKIA.MI) is 20.58 and the Price/Book (PB) ratio is 1.58.
Is the dividend of NOKIA OYJ sustainable?
The dividend rating of NOKIA OYJ (1NOKIA.MI) is 3 / 10 and the dividend payout ratio is 116.59%.