NOKIA OYJ (1NOKIA.MI) Stock Fundamental Analysis
Europe - Euronext Milan - BIT:1NOKIA - FI0009000681 - Common Stock
5.288 EUR
+0.09 (+1.77%)
Taking everything into account, 1NOKIA scores 5 out of 10 in our fundamental rating. 1NOKIA was compared to 28 industry peers in the Communications Equipment industry. 1NOKIA has an average financial health and profitability rating. 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.
In the past year 1NOKIA had a positive cash flow from operations.
Of the past 5 years 1NOKIA 4 years were profitable.
In the past 5 years 1NOKIA always reported a positive cash flow from operatings.
1.2 Ratios
1NOKIA has a better Return On Assets (2.57%) than 67.86% of its industry peers.
The Return On Equity of 1NOKIA (4.74%) is better than 67.86% of its industry peers.
1NOKIA has a Return On Invested Capital of 2.86%. This is in the better half of the industry: 1NOKIA outperforms 64.29% 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 10.55%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.57% | ||
| ROE | 4.74% | ||
| ROIC | 2.86% |
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
1NOKIA has a Profit Margin of 4.70%. This is in the better half of the industry: 1NOKIA outperforms 67.86% 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 67.86% of the companies in the same industry.
1NOKIA's Operating Margin has improved in the last couple of years.
Looking at the Gross Margin, with a value of 43.88%, 1NOKIA is in line with its industry, outperforming 50.00% of the companies in the same industry.
1NOKIA's Gross Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 6.02% | ||
| PM (TTM) | 4.7% | ||
| GM | 43.88% |
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
With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), 1NOKIA is destroying value.
The number of shares outstanding for 1NOKIA has been reduced compared to 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
1NOKIA has an Altman-Z score of 2.48. 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 2.48 is fine compared to the rest of the industry. 1NOKIA outperforms 64.29% of its industry peers.
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.
With a decent Debt to FCF ratio value of 3.16, 1NOKIA is doing good in the industry, outperforming 67.86% 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.
1NOKIA has a better Debt to Equity ratio (0.16) than 71.43% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.16 | ||
| Debt/FCF | 3.16 | ||
| Altman-Z | 2.48 |
ROIC/WACC0.41
WACC7.06%
2.3 Liquidity
A Current Ratio of 1.48 indicates that 1NOKIA should not have too much problems paying its short term obligations.
The Current ratio of 1NOKIA (1.48) is comparable to the rest of the industry.
A Quick Ratio of 1.23 indicates that 1NOKIA should not have too much problems paying its short term obligations.
With a Quick ratio value of 1.23, 1NOKIA perfoms like the industry average, outperforming 50.00% of the companies in the same 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%.
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 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.
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-30.14%
EPS Next 2Y-5.39%
EPS Next 3Y-0.4%
EPS Next 5Y0.3%
Revenue Next Year3.74%
Revenue Next 2Y3.74%
Revenue Next 3Y3.4%
Revenue Next 5Y3.15%
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
A Price/Earnings ratio of 17.06 indicates a rather expensive valuation of 1NOKIA.
1NOKIA's Price/Earnings ratio is a bit cheaper when compared to the industry. 1NOKIA is cheaper than 78.57% of the companies in the same industry.
1NOKIA's Price/Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 26.31.
1NOKIA is valuated correctly with a Price/Forward Earnings ratio of 15.15.
Compared to the rest of the industry, the Price/Forward Earnings ratio of 1NOKIA indicates a somewhat cheap valuation: 1NOKIA is cheaper than 67.86% of the companies listed in the same industry.
Compared to an average S&P500 Price/Forward Earnings ratio of 36.59, 1NOKIA is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 17.06 | ||
| Fwd PE | 15.15 |
4.2 Price Multiples
1NOKIA's Enterprise Value to EBITDA ratio is a bit cheaper when compared to the industry. 1NOKIA is cheaper than 67.86% of the companies in the same industry.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of 1NOKIA indicates a somewhat cheap valuation: 1NOKIA is cheaper than 60.71% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 22.08 | ||
| EV/EBITDA | 11.14 |
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)1.53
EPS Next 2Y-5.39%
EPS Next 3Y-0.4%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 2.69%, 1NOKIA has a reasonable but not impressive dividend return.
1NOKIA's Dividend Yield is rather good when compared to the industry average which is at 5.50. 1NOKIA pays more dividend than 82.14% of the companies in the same industry.
1NOKIA's Dividend Yield is comparable with the S&P500 average which is at 2.40.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.69% |
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
81.90% of the earnings are spent on dividend by 1NOKIA. This is not a sustainable payout ratio.
1NOKIA's earnings are growing slower than its dividend. This means the dividend growth is not sustainable.
DP81.9%
EPS Next 2Y-5.39%
EPS Next 3Y-0.4%
BIT:1NOKIA (11/27/2025, 7:00:00 PM)
5.288
+0.09 (+1.77%)
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 Cap28.44B
Revenue(TTM)19.75B
Net Income(TTM)928.00M
Analysts70
Price Target5.69 (7.6%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.69% |
Yearly Dividend0.13
Dividend Growth(5Y)5.44%
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)22.99%
PT rev (3m)23.78%
EPS NQ rev (1m)1.72%
EPS NQ rev (3m)-1.87%
EPS NY rev (1m)-0.12%
EPS NY rev (3m)-2.2%
Revenue NQ rev (1m)0.02%
Revenue NQ rev (3m)-0.84%
Revenue NY rev (1m)0.41%
Revenue NY rev (3m)0.23%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 17.06 | ||
| Fwd PE | 15.15 | ||
| P/S | 1.44 | ||
| P/FCF | 22.08 | ||
| P/OCF | 14.94 | ||
| P/B | 1.45 | ||
| P/tB | 2.36 | ||
| EV/EBITDA | 11.14 |
EPS(TTM)0.31
EY5.86%
EPS(NY)0.35
Fwd EY6.6%
FCF(TTM)0.24
FCFY4.53%
OCF(TTM)0.35
OCFY6.69%
SpS3.67
BVpS3.64
TBVpS2.24
PEG (NY)N/A
PEG (5Y)1.53
Graham Number5.04
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.57% | ||
| ROE | 4.74% | ||
| ROCE | 4.51% | ||
| ROIC | 2.86% | ||
| ROICexc | 3.72% | ||
| ROICexgc | 5.91% | ||
| 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)4.03%
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-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 | 2.48 |
F-Score7
WACC7.06%
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%
EPS 3Y1.77%
EPS 5Y11.14%
EPS Q2Q%0%
EPS Next Y-30.14%
EPS Next 2Y-5.39%
EPS Next 3Y-0.4%
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 Year3.74%
Revenue Next 2Y3.74%
Revenue Next 3Y3.4%
Revenue Next 5Y3.15%
EBIT growth 1Y-26.89%
EBIT growth 3Y-7.82%
EBIT growth 5Y9.88%
EBIT Next Year10.01%
EBIT Next 3Y12.49%
EBIT Next 5Y9.54%
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 17.06 and the Price/Book (PB) ratio is 1.45.
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 -30.14% in the next year.