NOKIA OYJ (1NOKIA.MI) Stock Fundamental Analysis
Europe - Euronext Milan - BIT:1NOKIA - FI0009000681 - Common Stock
5.502 EUR
+0.08 (+1.48%)
Overall 1NOKIA gets a fundamental rating of 5 out of 10. We evaluated 1NOKIA against 32 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 it does not seem to be growing.
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.
1NOKIA had positive earnings in 4 of the past 5 years.
1NOKIA had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
The Return On Assets of 1NOKIA (2.57%) is better than 71.88% of its industry peers.
1NOKIA has a better Return On Equity (4.74%) than 65.63% of its industry peers.
1NOKIA has a Return On Invested Capital of 2.84%. This is in the better half of the industry: 1NOKIA outperforms 62.50% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for 1NOKIA is significantly below the industry average of 10.60%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.57% | ||
| ROE | 4.74% | ||
| ROIC | 2.84% |
ROA(3y)4.94%
ROA(5y)2.38%
ROE(3y)9.78%
ROE(5y)3.69%
ROIC(3y)4.06%
ROIC(5y)4.02%
1.3 Margins
With a decent Profit Margin value of 4.70%, 1NOKIA is doing good in the industry, outperforming 68.75% of the companies in the same industry.
1NOKIA's Profit Margin has improved in the last couple of years.
1NOKIA's Operating Margin of 6.02% is fine compared to the rest of the industry. 1NOKIA outperforms 68.75% of its industry peers.
In the last couple of years the Operating Margin of 1NOKIA has grown nicely.
1NOKIA has a Gross Margin (43.88%) which 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-2.82%
OM growth 5Y14.53%
PM growth 3Y-3.13%
PM growth 5Y194.44%
GM growth 3Y5.04%
GM growth 5Y5.25%
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.
1NOKIA has less shares outstanding than it did 1 year ago.
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 2.56. 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.
The Altman-Z score of 1NOKIA (2.56) is comparable to the rest of the industry.
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.
1NOKIA has a better Debt to FCF ratio (3.16) than 65.63% 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 71.88% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.16 | ||
| Debt/FCF | 3.16 | ||
| Altman-Z | 2.56 |
ROIC/WACC0.38
WACC7.53%
2.3 Liquidity
A Current Ratio of 1.48 indicates that 1NOKIA should not have too much problems paying its short term obligations.
1NOKIA's Current ratio of 1.48 is in line compared to the rest of the industry. 1NOKIA outperforms 46.88% of its industry peers.
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 of 1.23. This is comparable to the rest of the industry: 1NOKIA outperforms 50.00% of 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.
The Revenue has been growing slightly by 3.04% in the past year.
The Revenue has been decreasing by -3.79% on average over the past years.
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
1NOKIA is expected to show a small growth in Earnings Per Share. In the coming years, the EPS will grow by 0.30% yearly.
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-29.57%
EPS Next 2Y-5.92%
EPS Next 3Y-0.18%
EPS Next 5Y0.3%
Revenue Next Year3.96%
Revenue Next 2Y3.93%
Revenue Next 3Y3.64%
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
Based on the Price/Earnings ratio of 17.75, the valuation of 1NOKIA can be described as rather expensive.
Based on the Price/Earnings ratio, 1NOKIA is valued cheaper than 87.50% of the companies in the same industry.
When comparing the Price/Earnings ratio of 1NOKIA to the average of the S&P500 Index (26.57), we can say 1NOKIA is valued slightly cheaper.
A Price/Forward Earnings ratio of 15.94 indicates a correct valuation of 1NOKIA.
78.13% of the companies in the same industry are more expensive than 1NOKIA, based on the Price/Forward Earnings ratio.
When comparing the Price/Forward Earnings ratio of 1NOKIA to the average of the S&P500 Index (24.04), we can say 1NOKIA is valued slightly cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 17.75 | ||
| Fwd PE | 15.94 |
4.2 Price Multiples
1NOKIA's Enterprise Value to EBITDA ratio is a bit cheaper when compared to the industry. 1NOKIA is cheaper than 78.13% of the companies in the same industry.
Based on the Price/Free Cash Flow ratio, 1NOKIA is valued a bit cheaper than 68.75% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 23.69 | ||
| EV/EBITDA | 12.05 |
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)1.59
EPS Next 2Y-5.92%
EPS Next 3Y-0.18%
5. Dividend
5.1 Amount
1NOKIA has a Yearly Dividend Yield of 2.54%.
Compared to an average industry Dividend Yield of 2.60, 1NOKIA pays a better dividend. On top of this 1NOKIA pays more dividend than 81.25% of the companies listed in the same industry.
1NOKIA's Dividend Yield is a higher than the S&P500 average which is at 2.00.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.54% |
5.2 History
Dividend Growth(5Y)N/A
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.
DP81.9%
EPS Next 2Y-5.92%
EPS Next 3Y-0.18%
BIT:1NOKIA (12/22/2025, 7:00:00 PM)
5.502
+0.08 (+1.48%)
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 Cap30.51B
Revenue(TTM)19.75B
Net Income(TTM)928.00M
Analysts71.11
Price Target5.46 (-0.76%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.54% |
Yearly Dividend0.06
Dividend Growth(5Y)N/A
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)9.67%
PT rev (3m)21.04%
EPS NQ rev (1m)1.16%
EPS NQ rev (3m)-0.51%
EPS NY rev (1m)0.82%
EPS NY rev (3m)-1.4%
Revenue NQ rev (1m)0.05%
Revenue NQ rev (3m)-0.65%
Revenue NY rev (1m)0.21%
Revenue NY rev (3m)0.46%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 17.75 | ||
| Fwd PE | 15.94 | ||
| P/S | 1.55 | ||
| P/FCF | 23.69 | ||
| P/OCF | 16.02 | ||
| P/B | 1.56 | ||
| P/tB | 2.53 | ||
| EV/EBITDA | 12.05 |
EPS(TTM)0.31
EY5.63%
EPS(NY)0.35
Fwd EY6.27%
FCF(TTM)0.23
FCFY4.22%
OCF(TTM)0.34
OCFY6.24%
SpS3.56
BVpS3.53
TBVpS2.18
PEG (NY)N/A
PEG (5Y)1.59
Graham Number4.96
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.57% | ||
| ROE | 4.74% | ||
| ROCE | 4.51% | ||
| ROIC | 2.84% | ||
| ROICexc | 3.7% | ||
| ROICexgc | 5.87% | ||
| 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)4.06%
ROIC(5y)4.02%
ROICexc(3y)5.84%
ROICexc(5y)5.9%
ROICexgc(3y)8.74%
ROICexgc(5y)9.29%
ROCE(3y)6.44%
ROCE(5y)6.38%
ROICexgc growth 3Y-10%
ROICexgc growth 5Y11.31%
ROICexc growth 3Y-8.21%
ROICexc growth 5Y12.5%
OM growth 3Y-2.82%
OM growth 5Y14.53%
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 | 2.56 |
F-Score7
WACC7.53%
ROIC/WACC0.38
Cap/Depr(3y)53.08%
Cap/Depr(5y)50.54%
Cap/Sales(3y)2.65%
Cap/Sales(5y)2.53%
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-29.57%
EPS Next 2Y-5.92%
EPS Next 3Y-0.18%
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 Year3.96%
Revenue Next 2Y3.93%
Revenue Next 3Y3.64%
Revenue Next 5Y3.15%
EBIT growth 1Y-28.3%
EBIT growth 3Y-7.39%
EBIT growth 5Y10.19%
EBIT Next Year8.43%
EBIT Next 3Y12.6%
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 17.75 and the Price/Book (PB) ratio is 1.56.
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 -29.57% in the next year.