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. Both the profitability and the financial health of 1NOKIA get a neutral evaluation. Nothing too spectacular is happening here. 1NOKIA is valued correctly, but it does not seem to be growing.
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.
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 68.75% of its industry peers.
1NOKIA has a better Return On Equity (4.74%) than 62.50% of its industry peers.
Looking at the Return On Invested Capital, with a value of 2.84%, 1NOKIA is in line with its industry, outperforming 59.38% of the companies in the same industry.
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
1NOKIA has a better Profit Margin (4.70%) than 65.63% of its industry peers.
In the last couple of years the Profit Margin of 1NOKIA has grown nicely.
With a decent Operating Margin value of 6.02%, 1NOKIA is doing good in the industry, outperforming 65.63% of the companies in the same industry.
1NOKIA's Operating Margin has improved in the last couple of years.
1NOKIA's Gross Margin of 43.88% is in line compared to the rest of the industry. 1NOKIA outperforms 53.13% of its industry peers.
1NOKIA's Gross Margin has improved in the last couple of years.
| 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.
Compared to 5 years ago, 1NOKIA has less shares outstanding
1NOKIA has a better debt/assets ratio than last year.
2.2 Solvency
An Altman-Z score of 2.56 indicates that 1NOKIA is not a great score, but indicates only limited risk for bankruptcy at the moment.
1NOKIA's Altman-Z score of 2.56 is in line compared to the rest of the industry. 1NOKIA outperforms 56.25% of its industry peers.
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.
Looking at the Debt to FCF ratio, with a value of 3.16, 1NOKIA is in the better half of the industry, outperforming 62.50% of the companies in the same industry.
A Debt/Equity ratio of 0.16 indicates that 1NOKIA is not too dependend on debt financing.
1NOKIA has a better Debt to Equity ratio (0.16) than 68.75% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.16 | ||
| Debt/FCF | 3.16 | ||
| Altman-Z | 2.56 |
ROIC/WACC0.38
WACC7.52%
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 (1.48) which is in line with its industry peers.
A Quick Ratio of 1.23 indicates that 1NOKIA should not have too much problems paying its short term obligations.
The Quick ratio of 1NOKIA (1.23) is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.48 | ||
| Quick Ratio | 1.23 |
3. Growth
3.1 Past
1NOKIA shows a slight negative growth in Earnings Per Share. In the last year, the EPS has decreased by 0.00%.
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%.
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%
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.
1NOKIA is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 3.15% yearly.
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.
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
The Price/Earnings ratio is 17.75, which indicates a rather expensive current valuation of 1NOKIA.
Compared to the rest of the industry, the Price/Earnings ratio of 1NOKIA indicates a rather cheap valuation: 1NOKIA is cheaper than 84.38% of the companies listed in the same industry.
1NOKIA's Price/Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 26.61.
With a Price/Forward Earnings ratio of 15.94, 1NOKIA is valued correctly.
Based on the Price/Forward Earnings ratio, 1NOKIA is valued a bit cheaper than 75.00% of the companies in the same industry.
The average S&P500 Price/Forward Earnings ratio is at 24.01. 1NOKIA is valued slightly cheaper when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 17.75 | ||
| Fwd PE | 15.94 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, 1NOKIA is valued a bit cheaper than the industry average as 75.00% of the companies are valued more expensively.
65.63% of the companies in the same industry are more expensive than 1NOKIA, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 23.69 | ||
| EV/EBITDA | 12.05 |
4.3 Compensation for Growth
The decent profitability rating of 1NOKIA 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 2.58%.
Compared to an average industry Dividend Yield of 2.69, 1NOKIA pays a better dividend. On top of this 1NOKIA pays more dividend than 84.38% of the companies listed in the same industry.
1NOKIA's Dividend Yield is a higher than the S&P500 average which is at 1.87.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.58% |
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 Target5.6 (1.78%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.58% |
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
WACC7.52%
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.