NOKIA OYJ (1NOKIA.MI) Stock Fundamental Analysis
Europe - BIT:1NOKIA - FI0009000681 - Common Stock
5.864 EUR
-0.31 (-5.05%)
We assign a fundamental rating of 5 out of 10 to 1NOKIA. 1NOKIA was compared to 27 industry peers in the Communications Equipment industry. Both the profitability and the financial health of 1NOKIA get a neutral evaluation. Nothing too spectacular is happening here. 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.
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
1NOKIA has a Return On Assets of 2.83%. This is in the better half of the industry: 1NOKIA outperforms 62.96% of its industry peers.
1NOKIA's Return On Equity of 5.17% is fine compared to the rest of the industry. 1NOKIA outperforms 62.96% of its industry peers.
1NOKIA has a Return On Invested Capital (2.89%) which is in line with its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for 1NOKIA is significantly below the industry average of 10.70%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.83% | ||
| ROE | 5.17% | ||
| ROIC | 2.89% |
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
With a decent Profit Margin value of 5.30%, 1NOKIA is doing good in the industry, outperforming 66.67% of the companies in the same industry.
1NOKIA's Profit Margin has improved in the last couple of years.
1NOKIA's Operating Margin of 6.21% is fine compared to the rest of the industry. 1NOKIA outperforms 62.96% 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 44.23%, 1NOKIA is in line with its industry, outperforming 48.15% of the companies in the same industry.
1NOKIA's Gross Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 6.21% | ||
| PM (TTM) | 5.3% | ||
| GM | 44.23% |
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.
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
An Altman-Z score of 2.59 indicates that 1NOKIA is not a great score, but indicates only limited risk for bankruptcy at the moment.
1NOKIA's Altman-Z score of 2.59 is in line compared to the rest of the industry. 1NOKIA outperforms 55.56% of its industry peers.
The Debt to FCF ratio of 1NOKIA is 2.77, which is a good value as it means it would take 1NOKIA, 2.77 years of fcf income to pay off all of its debts.
With a decent Debt to FCF ratio value of 2.77, 1NOKIA is doing good in the industry, outperforming 66.67% of the companies in the same industry.
1NOKIA has a Debt/Equity ratio of 0.16. This is a healthy value indicating a solid balance between debt and equity.
With a decent Debt to Equity ratio value of 0.16, 1NOKIA is doing good in the industry, outperforming 77.78% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.16 | ||
| Debt/FCF | 2.77 | ||
| Altman-Z | 2.59 |
ROIC/WACC0.41
WACC7.12%
2.3 Liquidity
1NOKIA has a Current Ratio of 1.46. This is a normal value and indicates that 1NOKIA is financially healthy and should not expect problems in meeting its short term obligations.
The Current ratio of 1NOKIA (1.46) is comparable to the rest of the industry.
A Quick Ratio of 1.21 indicates that 1NOKIA should not have too much problems paying its short term obligations.
1NOKIA has a Quick ratio (1.21) which is in line with its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.46 | ||
| Quick Ratio | 1.21 |
3. Growth
3.1 Past
The Earnings Per Share has been growing slightly by 0.12% over the past 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.
1NOKIA shows a very negative growth in Revenue. In the last year, the Revenue has decreased by -13.65%.
Measured over the past years, 1NOKIA shows a decrease in Revenue. The Revenue has been decreasing by -3.79% on average per year.
EPS 1Y (TTM)0.12%
EPS 3Y1.77%
EPS 5Y11.14%
EPS Q2Q%0.64%
Revenue 1Y (TTM)-13.65%
Revenue growth 3Y-4.69%
Revenue growth 5Y-3.79%
Sales Q2Q%12.53%
3.2 Future
1NOKIA is expected to show a decrease in Earnings Per Share. In the coming years, the EPS will decrease by -1.04% yearly.
The Revenue is expected to grow by 2.53% on average over the next years.
EPS Next Y-30.06%
EPS Next 2Y-6.46%
EPS Next 3Y-1.18%
EPS Next 5Y-1.04%
Revenue Next Year3.32%
Revenue Next 2Y3.45%
Revenue Next 3Y3.06%
Revenue Next 5Y2.53%
3.3 Evolution
The EPS growth rate is decreasing: in the next years the growth will be less than in the last years.
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 18.92, the valuation of 1NOKIA can be described as rather expensive.
Compared to the rest of the industry, the Price/Earnings ratio of 1NOKIA indicates a rather cheap valuation: 1NOKIA is cheaper than 81.48% of the companies listed in the same industry.
1NOKIA is valuated rather cheaply when we compare the Price/Earnings ratio to 26.11, which is the current average of the S&P500 Index.
Based on the Price/Forward Earnings ratio of 17.18, the valuation of 1NOKIA can be described as rather expensive.
77.78% of the companies in the same industry are more expensive than 1NOKIA, based on the Price/Forward Earnings ratio.
1NOKIA is valuated rather cheaply when we compare the Price/Forward Earnings ratio to 22.55, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 18.92 | ||
| Fwd PE | 17.18 |
4.2 Price Multiples
1NOKIA's Enterprise Value to EBITDA ratio is in line with the industry average.
The rest of the industry has a similar Price/Free Cash Flow ratio as 1NOKIA.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 21.3 | ||
| EV/EBITDA | 12.68 |
4.3 Compensation for Growth
The decent profitability rating of 1NOKIA may justify a higher PE ratio.
PEG (NY)N/A
PEG (5Y)1.7
EPS Next 2Y-6.46%
EPS Next 3Y-1.18%
5. Dividend
5.1 Amount
1NOKIA has a Yearly Dividend Yield of 2.67%. 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 5.15. 1NOKIA pays more dividend than 85.19% of the companies in the same industry.
Compared to an average S&P500 Dividend Yield of 2.37, 1NOKIA has a dividend comparable with the average S&P500 company.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.67% |
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
69.51% of the earnings are spent on dividend by 1NOKIA. This is not a sustainable payout ratio.
The Dividend Rate of 1NOKIA has been growing, while earnings will be declining. This means the dividend growth is most likely not sustainable.
DP69.51%
EPS Next 2Y-6.46%
EPS Next 3Y-1.18%
BIT:1NOKIA (10/31/2025, 7:00:00 PM)
5.864
-0.31 (-5.05%)
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 Cap31.54B
Revenue(TTM)19.22B
Net Income(TTM)1.02B
Analysts71.67
Price Target4.63 (-21.04%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.67% |
Yearly Dividend0.13
Dividend Growth(5Y)5.44%
DP69.51%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-25.98%
Min EPS beat(2)-27.18%
Max EPS beat(2)-24.77%
EPS beat(4)1
Avg EPS beat(4)-9.74%
Min EPS beat(4)-27.18%
Max EPS beat(4)30.42%
EPS beat(8)3
Avg EPS beat(8)-6.28%
EPS beat(12)5
Avg EPS beat(12)-5%
EPS beat(16)9
Avg EPS beat(16)-1.1%
Revenue beat(2)0
Avg Revenue beat(2)-5.77%
Min Revenue beat(2)-7.83%
Max Revenue beat(2)-3.71%
Revenue beat(4)1
Avg Revenue beat(4)-5.52%
Min Revenue beat(4)-11.71%
Max Revenue beat(4)1.17%
Revenue beat(8)1
Avg Revenue beat(8)-8.3%
Revenue beat(12)2
Avg Revenue beat(12)-5.98%
Revenue beat(16)3
Avg Revenue beat(16)-4.86%
PT rev (1m)-0.03%
PT rev (3m)-6.09%
EPS NQ rev (1m)-6.95%
EPS NQ rev (3m)-22.46%
EPS NY rev (1m)0%
EPS NY rev (3m)-15.71%
Revenue NQ rev (1m)-0.64%
Revenue NQ rev (3m)-3.49%
Revenue NY rev (1m)-0.17%
Revenue NY rev (3m)-2.97%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 18.92 | ||
| Fwd PE | 17.18 | ||
| P/S | 1.64 | ||
| P/FCF | 21.3 | ||
| P/OCF | 15.49 | ||
| P/B | 1.6 | ||
| P/tB | 2.6 | ||
| EV/EBITDA | 12.68 |
EPS(TTM)0.31
EY5.29%
EPS(NY)0.34
Fwd EY5.82%
FCF(TTM)0.28
FCFY4.7%
OCF(TTM)0.38
OCFY6.45%
SpS3.58
BVpS3.67
TBVpS2.26
PEG (NY)N/A
PEG (5Y)1.7
Graham Number5.06
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.83% | ||
| ROE | 5.17% | ||
| ROCE | 4.56% | ||
| ROIC | 2.89% | ||
| ROICexc | 3.76% | ||
| ROICexgc | 6.03% | ||
| OM | 6.21% | ||
| PM (TTM) | 5.3% | ||
| GM | 44.23% | ||
| FCFM | 7.7% |
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-Score8
Asset Turnover0.53
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.16 | ||
| Debt/FCF | 2.77 | ||
| Debt/EBITDA | 1.41 | ||
| Cap/Depr | 53.68% | ||
| Cap/Sales | 2.88% | ||
| Interest Coverage | 4.88 | ||
| Cash Conversion | 91.3% | ||
| Profit Quality | 145.2% | ||
| Current Ratio | 1.46 | ||
| Quick Ratio | 1.21 | ||
| Altman-Z | 2.59 |
F-Score8
WACC7.12%
ROIC/WACC0.41
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)0.12%
EPS 3Y1.77%
EPS 5Y11.14%
EPS Q2Q%0.64%
EPS Next Y-30.06%
EPS Next 2Y-6.46%
EPS Next 3Y-1.18%
EPS Next 5Y-1.04%
Revenue 1Y (TTM)-13.65%
Revenue growth 3Y-4.69%
Revenue growth 5Y-3.79%
Sales Q2Q%12.53%
Revenue Next Year3.32%
Revenue Next 2Y3.45%
Revenue Next 3Y3.06%
Revenue Next 5Y2.53%
EBIT growth 1Y-26.17%
EBIT growth 3Y-7.82%
EBIT growth 5Y9.88%
EBIT Next Year10.01%
EBIT Next 3Y12.49%
EBIT Next 5Y8.23%
FCF growth 1Y3797.37%
FCF growth 3Y-0.72%
FCF growth 5YN/A
OCF growth 1Y187.57%
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 5 / 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 18.92 and the Price/Book (PB) ratio is 1.6.
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 -30.06% in the next year.