(NOK) Nokia - Overview
Sector: Technology | Industry: Communication Equipment | Exchange: NYSE (USA) | Market Cap: 76.688m USD | Total Return: 174.8% in 12m
Network Equipment, 5G Infrastructure, Software, Patent Licensing
Total Rating 66
Safety 91
Buy Signal 1.31
Communication Equipment
Industry Rotation: +10.0
Industry Rotation: +10.0
Market Cap:
76.7B
Avg Turnover: 1.56B
Avg Turnover: 1.56B
Risk 3d forecast
Volatility80.3%
VaR 5th Pctl12.0%
VaR vs Median-13.1%
Reward TTM
Sharpe Ratio2.25
Rel. Str. IBD97.4
Rel. Str. Peer Group80.9
Character TTM
Beta0.935
Beta Downside0.441
Hurst Exponent0.451
Drawdowns 3y
Max DD29.73%
CAGR/Max DD1.90
CAGR/Mean DD5.73
EPS (Earnings per Share)
EPS CAGR: -15.46%
EPS Trend: -20.7%
EPS Trend: -20.7%
Last SUE: 0.23
Qual. Beats: 0
Qual. Beats: 0
Revenue
Rev. CAGR: -6.87%
Rev. Trend: -52.5%
Rev. Trend: -52.5%
Last SUE: -0.20
Qual. Beats: 0
Qual. Beats: 0
Warnings
P/E ratio 85.9
Tailwinds
Supp Ema8, Supp Ema20, Leader, Tailwind, Confidence
Description: NOK Nokia
Nokia Oyj is a Finland-based provider of global network infrastructure and mobile technology services. The company operates through four primary segments: Network Infrastructure, Mobile Networks, Cloud and Network Services, and Nokia Technologies. Its portfolio includes fiber and copper access, IP routing, optical transport, and 5G radio access networks. Beyond physical hardware, Nokia licenses a vast portfolio of intellectual property and patents related to mobile standards and connectivity.
The communications equipment sector is characterized by high research and development costs and cyclical capital expenditure from telecommunications carriers. Nokia utilizes a business model that combines long-term infrastructure contracts with recurring high-margin revenue from its technology licensing division. This diversification allows the company to serve diverse end-markets, including the public sector, energy, and transportation industries.
To better understand how these revenue streams impact valuation, consider exploring the detailed financial metrics available on ValueRay.
- Global 5G infrastructure spending slowdown reduces Mobile Networks segment revenue
- India telecommunications market expansion offsets declining North American carrier capital expenditure
- Patent licensing renewals and litigation outcomes drive high-margin Nokia Technologies income
- Network Infrastructure demand shifts toward fiber deployments and data center optical interconnects
- Cost reduction initiatives and workforce downsizing targets improve long-term operating margins
Piotroski VR‑10 (Strict)
6.0
| Net Income: 796.0m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.04 > 0.02 and ΔFCF/TA -1.01 > 1.0 |
| NWC/Revenue: 27.17% < 20% (prev 22.60%; Δ 4.56% < -1%) |
| CFO/TA 0.05 > 3% & CFO 1.96b > Net Income 796.0m |
| Net Debt (-1.63b) to EBITDA (2.23b): -0.73 < 3 |
| Current Ratio: 1.57 > 1.5 & < 3 |
| Outstanding Shares: last quarter (5.72b) vs 12m ago 6.38% < -2% |
| Gross Margin: 44.12% > 18% (prev 0.44%; Δ 4.37k% > 0.5%) |
| Asset Turnover: 52.25% > 50% (prev 48.82%; Δ 3.43% > 0%) |
| Interest Coverage Ratio: 83.64 > 6 (EBITDA TTM 2.23b / Interest Expense TTM 14.0m) |
Altman Z''
2.67
| A: 0.15 (Total Current Assets 15.01b - Total Current Liabilities 9.58b) / Total Assets 37.29b |
| B: 0.05 (Retained Earnings 1.77b / Total Assets 37.29b) |
| C: 0.03 (EBIT TTM 1.17b / Avg Total Assets 38.27b) |
| D: 1.29 (Book Value of Equity 20.68b / Total Liabilities 16.01b) |
| Altman-Z'' Score: 2.67 = A |
Beneish M
-3.05
| DSRI: 0.96 (Receivables 6.51b/6.53b, Revenue 20.00b/19.17b) |
| GMI: 1.00 (GM 44.12% / 44.23%) |
| AQI: 1.01 (AQ_t 0.53 / AQ_t-1 0.52) |
| SGI: 1.04 (Revenue 20.00b / 19.17b) |
| TATA: -0.03 (NI 796.0m - CFO 1.96b) / TA 37.29b) |
| Beneish M-Score: -3.05 (Cap -4..+1) = AA |
What is the price of NOK shares?
As of May 17, 2026, the stock is trading at USD 13.95 with a total of 109,013,396 shares traded.
Over the past week, the price has changed by +8.81%, over one month by +40.09%, over three months by +91.71% and over the past year by +174.83%.
Over the past week, the price has changed by +8.81%, over one month by +40.09%, over three months by +91.71% and over the past year by +174.83%.
Is NOK a buy, sell or hold?
Nokia has received a consensus analysts rating of 3.55.
Therefor, it is recommend to hold NOK.
- StrongBuy: 2
- Buy: 3
- Hold: 5
- Sell: 1
- StrongSell: 0
What are the forecasts/targets for the NOK price?
| Analysts Target Price | 12.5 | -10.3% |
Nokia (NOK) - Fundamental Data Overview
as of 16 May 2026
Market Cap EUR = 65.44b (76.69b USD * 0.8533 USD.EUR)P/E Trailing = 85.8569
P/E Forward = 33.1126
P/S = 3.8352
P/B = 2.8765
P/EG = 1.2132
Revenue TTM = 20.00b EUR
EBIT TTM = 1.17b EUR
EBITDA TTM = 2.23b EUR
Long Term Debt = 2.34b EUR (from longTermDebt, last quarter)
Short Term Debt = 235.0m EUR (from shortTermDebt, last quarter)
Debt = 3.33b EUR (from shortLongTermDebtTotal, last quarter)
Net Debt = -1.63b EUR (from netDebt column, last quarter)
Enterprise Value = 62.64b EUR (65.44b + Debt 3.33b - CCE 6.12b)
Interest Coverage Ratio = 83.64 (Ebit TTM 1.17b / Interest Expense TTM 14.0m)
EV/FCF = 45.62x (Enterprise Value 62.64b / FCF TTM 1.37b)
FCF Yield = 2.19% (FCF TTM 1.37b / Enterprise Value 62.64b)
FCF Margin = 6.87% (FCF TTM 1.37b / Revenue TTM 20.00b)
Net Margin = 3.98% (Net Income TTM 796.0m / Revenue TTM 20.00b)
Gross Margin = 44.12% ((Revenue TTM 20.00b - Cost of Revenue TTM 11.17b) / Revenue TTM)
Gross Margin QoQ = 44.21% (prev 44.96%)
Tobins Q-Ratio = 1.68 (Enterprise Value 62.64b / Total Assets 37.29b)
Interest Expense / Debt = 0.21% (Interest Expense 7.00m / Debt 3.33b)
Taxrate = 30.27% (277.0m / 915.0m)
NOPAT = 816.5m (EBIT 1.17b * (1 - 30.27%))
Current Ratio = 1.57 (Total Current Assets 15.01b / Total Current Liabilities 9.58b)
Debt / Equity = 0.16 (Debt 3.33b / totalStockholderEquity, last quarter 21.18b)
Debt / EBITDA = -0.73 (Net Debt -1.63b / EBITDA 2.23b)
Debt / FCF = -1.18 (Net Debt -1.63b / FCF TTM 1.37b)
Total Stockholder Equity = 20.36b (last 4 quarters mean from totalStockholderEquity)
RoA = 2.08% (Net Income 796.0m / Total Assets 37.29b)
RoE = 3.91% (Net Income TTM 796.0m / Total Stockholder Equity 20.36b)
RoCE = 5.16% (EBIT 1.17b / Capital Employed (Equity 20.36b + L.T.Debt 2.34b))
RoIC = 3.50% (NOPAT 816.5m / Invested Capital 23.35b)
WACC = 8.83% (E(65.44b)/V(68.76b) * Re(9.27%) + D(3.33b)/V(68.76b) * Rd(0.21%) * (1-Tc(0.30)))
Discount Rate = 9.27% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: -13.48 | Cagr: 1.58%
[DCF] Terminal Value 70.58% ; FCFF base≈1.56b ; Y1≈1.20b ; Y5≈752.2m
[DCF] Fair Price = 2.50 (EV 12.34b - Net Debt -1.63b = Equity 13.96b / Shares 5.58b; r=8.83% [WACC]; 5y FCF grow -27.50% → 3.0% )
EPS Correlation: -20.71 | EPS CAGR: -15.46% | SUE: 0.23 | # QB: 0
Revenue Correlation: -52.47 | Revenue CAGR: -6.87% | SUE: -0.20 | # QB: 0
EPS current Quarter (2026-06-30): EPS=0.07 | Chg30d=+8.89% | Revisions=+0% | Analysts=5
EPS next Quarter (2026-09-30): EPS=0.09 | Chg30d=+7.66% | Revisions=+11% | Analysts=5
EPS current Year (2026-12-31): EPS=0.40 | Chg30d=+9.03% | Revisions=+50% | GrowthEPS=+16.1% | GrowthRev=+4.7%
EPS next Year (2027-12-31): EPS=0.49 | Chg30d=+9.06% | Revisions=+60% | GrowthEPS=+20.7% | GrowthRev=+5.2%
[Analyst] Revisions Ratio: +60%