NOK
| Market cap | $27.05B |
|---|---|
| Enterprise value | $17.77B |
| Revenue | €24.029B |
|---|---|
| EBITDA | €2.813B |
| Income | €717.914M |
| Revenue Q/Q | 10.22% |
| Revenue Y/Y | N/A |
| P/E | 29.78 |
|---|---|
| Forward P/E | N/A |
| EV/Sales | 0.72 |
| EV/EBITDA | 6.17 |
| EV/EBIT | 11.03 |
| PEG | 8.78 |
| Price/Sales | 1.10 |
| P/FCF | 106.79 |
| Price/Book | 1.19 |
| Book/Share | 3.27 |
| Cash/Share | 1.66 |
| FCF yield | 2.72% |
| Volume | 12.266M / 12.208M |
|---|---|
| Relative vol. | 1.00 × |
| EPS | N/A |
|---|---|
| EPS Q/Q | 11.11% |
| Est. EPS Q/Q | 0.00% |
| Profit margin | 2.99% |
|---|---|
| Oper. margin | 6.30% |
| Gross margin | 39.03% |
| EBIT margin | 6.55% |
| EBITDA margin | 11.70% |
| Ret. on assets | 1.66% |
|---|---|
| Ret. on equity | 3.22% |
| ROIC | 1.61% |
| ROCE | 5.04% |
| Debt/Equity | 0.94 |
|---|---|
| Net debt/EBITDA | -7.27 |
| Current ratio | 1.66 |
| Quick ratio | 1.41 |
| Volatility | 2.05% |
|---|---|
| Beta | 1.03 |
| RSI | 58.13 |
|---|
| Insider ownership | 0.01% |
|---|---|
| Inst. ownership | 8.14% |
| Shares outst. | 5.613B |
|---|---|
| Shares float | 0.000 0.00% |
| Short % of float | 0.00% |
| Short ratio | 0.61 |
| Dividend | $0.14 |
|---|---|
| Dividend yield | 3.61% |
| Payout ratio | N/A |
| Payment date | 6 Aug 2024 |
| Ex-dividend date | 23 Jul 2024 |
| Earnings date | 18 Jul 2024 |
Saturday, 29 June 2024
|
|
| What Makes Nokia Oyj One of the Best NYSE Penny Stocks to Buy Now? | |
Thursday, 27 June 2024
|
|
| Nokia Explores Deal for US Networking Company Infinera | |
Wednesday, 8 May 2024
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| Nokia 3210 relaunched to mark handset’s 25th anniversary | |
Friday, 19 April 2024
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| Nokia Oyj Q1 2024 Earnings Call Transcript | |
Thursday, 18 April 2024
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| Despite Revenue Dip, Nokia's Q1 Net Profit and Technology Patents Fuel Growth | |
| Nokia sees double-digit fall in January-March sales as weak market for 5G technology prevails | |
Thursday, 7 March 2024
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| 11 Best Artificial Intelligence Stocks Under $20 According To Hedge Funds | |
Thursday, 25 January 2024
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| Nokia sales and profit drop as economic challenges lead to cutback on 5G investment | |
Wednesday, 24 January 2024
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| Oppo Phones Clear for Germany Return With Nokia Legal Settlement | |
| Nokia and China's Oppo resolve disputes through cross-license deal | |
Thursday, 18 January 2024
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| Nokia Rises But Trails Market: What Investors Should Know | |
Thursday, 4 January 2024
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| Nokia's patent dispute persists in China despite deal with one smartphone maker | |
Friday, 29 December 2023
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| Nokia Says It Won’t Meet Sales Outlook on Delayed License Deals | |
Thursday, 21 December 2023
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| Nokia Divests Non-Core Assets to Optimize CNS Portfolio | |
Friday, 15 December 2023
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|
| Sell Nokia Stock, Citi Says. It Remains ‘a Value Trap.’ | |
| 13 Cheap Penny Stocks to Buy According to Hedge Funds | |
Tuesday, 12 December 2023
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|
| Nokia Stock Is Rising. Why a Snub From AT&T May Not Be So Bad. | |
| Nokia Cuts Long-Term Margin Guidance. Blame AT&T and Ericsson. | |
| Nokia Cuts Operating Margin Guidance Amid Challenging Market | |
| UPDATE 1-Nokia lowers 2026 profit margin target, wins Deutsche Telekom contract | |
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Price target
Current $3.89
Average $5.25
Low $4
High $7
Dividends
| Ex-dividend date | 23 Jul 2024 | Frequency | Quarterly | Annual dividend | +96.34% |
|---|---|---|---|---|---|
| Next dividend | 6 Aug 2024 | Dividend yield | 3.61% | Growth period | 1 year |
| Last dividend date | Yield 3 years | 2.81% | Growth 3 years | +29.80% | |
| Last dividend | Yield 5 years | 1.97% | Growth 5 years | -12.65% |
| Insider | Age | Since | Compensation |
|---|---|---|---|
| Pekka Ilmari Lundmark (58) Pres and CEO | 58 | $2,364,474 | |
| Bruce Brown (62) Non-Executive Independent Director since 2012 | 62 | 2012 | $217,000 |
| Edward Kozel (64) Non-Executive Independent Director since 2017 | 64 | 2017 | $215,000 |
| Carla Smits-Nusteling (53) Non-Executive Independent Director since 2016 | 53 | 2016 | $210,000 |
| Elizabeth Nelson (60) Non-Executive Independent Director since 2012 | 60 | 2012 | $200,000 |
| Jeanette Horan (65) Non-Executive Independent Director since 2017 | 65 | 2017 | $197,000 |
| Sari Baldauf (64) Independent Non-Executive Vice Chairman of the Board since 2019 | 64 | 2019 | $197,000 |
| Olivier Piou (61) Non-Executive Independent Director since 2019 | 61 | 2019 | $189,000 |
| Kari Stadigh (65) Non-Executive Independent Director since 2011 | 65 | 2011 | $172,000 |
| Soren Skou (55) Non-Executive Independent Director since 2019 | 55 | 2019 | $160,000 |
| Marco Wiren (54) Chief Financial Officer and Member of the Group Leadership Team since 2020 | 54 | 2020 | |
| Pekka Lundmark (57) President and Chief Executive Officer since 2020 | 57 | 2020 | |
| Raghav Sahgal (55) President and Nokia Enterprise since 2020 | 55 | 2020 | |
| Gabriela Styf Sjoman (51) Chief Strategy Officer and Member of the Group Leadership Team since 2019 | 51 | 2019 | |
| Tommi Uitto (51) President of Mobile Networks and Member of the Group Leadership Team since 2019 | 51 | 2019 | |
| Sri Reddy (56) Co-President of Nokia IP/Optical Networks and Member of the Group Leadership Team since 2018 | 56 | 2018 | |
| Sandra Motley (61) President of Fixed Networks and Member of the Group Leadership Team since 2019 | 61 | 2019 | |
| Jenni Lukander (46) President of Nokia Technologies and Member of the Group Leadership Team since 2019 | 46 | 2019 | |
| Federico Guillen (57) President of Customer Operations, EMEA, APAC, and Member of the Group Leadership Team since 2019 | 57 | 2019 | |
| Bhaskar Gorti (54) President of Nokia Software, Chief Digital Officer, and Member of the Group Leadership Team since 2019 | 54 | 2019 | |
| Sanjay Goel (53) President of Global Services; Member of the Group Leadership Team since 2018 | 53 | 2018 | |
| Ricky Corker (52) President of Customer Operations, Americas, and Member of the Group Leadership Team since 2019 | 52 | 2019 | |
| Basil Alwan (58) Co-President of IP/Optical Networks and Member of the Group Leadership Team since 2018 | 58 | 2018 | |
| Nassib Abou-Khalil (48) Chief Legal Officer and Member of the Group Leadership Team since 2019 | 48 | 2019 | |
| Barry French (57) Chief Marketing Officer and Member of the Group Leadership Team since 2016 | 57 | 2016 | |
| Marcus Weldon (52) President of Nokia Bell Labs, Corporate Chief Technology Officer, and Member of the Group Leadership Team since 2017 | 52 | 2017 | |
| Stephanie Werner (48) Chief Human Resource Officer and Member of the Group Leadership Team since 2020 | 48 | 2020 | |
| Maria Rosaria Varsellona J.D., L.L.B. (51) Exec. Officer | 51 | ||
| Nassib Abou-Khalil (49) Chief Legal Officer | 49 | ||
| David Terence Mulholland C.F.A. | |||
| Marco Wiren M.Sc. (Econ.) (55) Chief Financial Officer | 55 | ||
| David Terence Mulholland C.F.A., CFA | |||
| Katja Antila | |||
| Qais Esrawee | |||
| Maria Varsellona J.D., L.L.B. (50) Exec. Officer | 50 | ||
| Sergei Khraby | |||
| Stephanie Werner-Dietz (49) Chief People Officer | 49 | ||
| Susan Sheehan | |||
| Matt Shimao | |||
| Nishant Batra (43) Chief Strategy and Technology Officer | 43 |
Nokia Corporation is a Finnish multinational telecommunications, information technology, and consumer electronics corporation, established in 1865. Their main headquarters are in Espoo, Finland.
- Technology > Communications Equipment
- Nokia Corp, Karakaari 7, Espoo 02610, Finland
- 358 1044 88000
- Investor relations
Dividends
| Ex-dividend date | 23 Jul 2024 | Frequency | Quarterly | Annual dividend | +96.34% |
|---|---|---|---|---|---|
| Next dividend | 6 Aug 2024 | Dividend yield | 3.61% | Growth period | 1 year |
| Last dividend date | Yield 3 years | 2.81% | Growth 3 years | +29.80% | |
| Last dividend | Yield 5 years | 1.97% | Growth 5 years | -12.65% |
Quarterly EPS estimates
Profit margin
Debt to assets
Cash flow
Balance sheet
XSLX
| (in millions EUR) | 29 Feb 2024 | 20 Oct 2023 | |
|---|---|---|---|
| Current assets | |||
| Cash | €8,419.564591 | €6,512.06634 | |
| Short term investments | €2,858.700736 | €3,079.877798 | |
| Net receivables | €5,312.56281 | €5,919.027139 | |
| Inventory | €2,935.350189 | €3,400.160293 | |
| Other current assets | €2,858.700736 | €3,079.877798 | |
| Total current assets | €19,611.464337 | €18,911.131569 | |
| Long term investments | €23,420.186466 | €22,978.719254 | |
| Property, plant & equipment | €2,106.24061 | €2,037.409935 | |
| Goodwill | €5,941.951982 | €5,881.833043 | |
| Intangible assets | €1,172.412764 | €1,105.491192 | |
| Other assets | €9,151.512892 | €8,987.540074 | |
| Total assets | €43,031.650803 | €41,889.850824 | |
| Current liabilities | |||
| Accounts payable | €3,695.367303 | €3,694.613554 | |
| Short long term debt | €811.836463 | €794.507221 | |
| Other current liabilities | €7,295.732467 | €7,025.551501 | |
| Total current liabilities | €11,802.936233 | €11,514.672276 | |
| Long term debt | €4,788.971474 | €4,549.044597 | |
| Other liabilities | €3,387.68992 | €3,398.093954 | |
| Minority interest | €98.240849 | €88.852563 | |
| Total liabilities | €20,860.526555 | €19,917.438505 | |
| Stockholders' equity | |||
| Common stock | €5,337.310735 | €5,407.78474 | |
| Retained earnings | €1,515.715949 | €1,698.530392 | |
| Treasury stock | -€380.008557 | -€626.100619 | |
| Capital surplus | |||
| Total stockholder equity | €22,171.124249 | €21,969.312811 | |
| Net tangible assets | €15,056.759502 | €14,985.088084 | |
| (in millions EUR) | 2024 | 2023 | ||
|---|---|---|---|---|
| Current assets | ||||
| Cash | €8,419.564591 | €8,952.488602 | ||
| Short term investments | €2,858.700736 | €3,042.819631 | ||
| Net receivables | €5,312.56281 | €5,812.256845 | ||
| Inventory | €2,935.350189 | €3,419.898828 | ||
| Other current assets | €2,858.700736 | €3,042.819631 | ||
| Total current assets | €19,611.464337 | €21,227.463907 | ||
| Long term investments | €23,420.186466 | €23,752.847085 | ||
| Property, plant & equipment | €2,106.24061 | €2,110.596061 | ||
| Goodwill | €5,941.951982 | |||
| Intangible assets | €1,172.412764 | €7,258.774542 | ||
| Other assets | €9,151.512892 | €8,561.792656 | ||
| Total assets | €43,031.650803 | €44,980.310992 | ||
| Current liabilities | ||||
| Accounts payable | €3,695.367303 | €4,954.401672 | ||
| Short long term debt | €811.836463 | €431.546192 | ||
| Other current liabilities | €7,295.732467 | €7,994.078977 | ||
| Total current liabilities | €11,802.936233 | €13,380.02684 | ||
| Long term debt | €4,788.971474 | €5,349.287386 | ||
| Other liabilities | €3,387.68992 | €3,460.749075 | ||
| Minority interest | €98.240849 | €97.412126 | ||
| Total liabilities | €20,860.526555 | €22,635.226242 | ||
| Stockholders' equity | ||||
| Common stock | €5,419.055503 | €5,482.248724 | ||
| Retained earnings | €1,515.715949 | €1,440.233044 | ||
| Treasury stock | -€380.008557 | -€368.699659 | ||
| Capital surplus | ||||
| Total stockholder equity | €22,171.124249 | €22,345.084749 | ||
| Net tangible assets | €15,056.759502 | €15,086.310207 | ||
Income statement
| (in millions EUR) | 29 Feb 2024 | 20 Oct 2023 | |
|---|---|---|---|
| Revenue | |||
| Total revenue | €6,582.310409 | €5,147.249644 | |
| Cost of revenue | €3,845.157908 | €3,157.365498 | |
| Gross profit | €2,737.152501 | €1,989.884146 | |
| Operating activities | |||
| Research & development | €1,265.439001 | €1,116.856055 | |
| Selling, general & administrative | €906.076541 | €733.55023 | |
| Total operating expenses | €6,073.284242 | €5,033.601016 | |
| Operating income | €509.026167 | €113.648627 | |
| Income from continuing operations | |||
| Net other income | -€97.898372 | €110.549119 | |
| EBIT | €411.127795 | €224.197746 | |
| Income before tax | €572.249393 | €185.970481 | |
| Income tax expense | €601.798336 | €47.52579 | |
| Minority interest | €11.727426 | -€6.199016 | |
| Net income | |||
| Net income | -€30.596035 | €143.610538 | |
| Income (for common shares) | -€30.596035 | €143.610538 | |
| (in millions EUR) | 2024 | 2023 | ||
|---|---|---|---|---|
| Revenue | ||||
| Total revenue | €24,029.063813 | €26,092.832991 | ||
| Cost of revenue | €14,650.841271 | €15,385.87868 | ||
| Gross profit | €9,378.222542 | €10,706.954311 | ||
| Operating activities | ||||
| Research & development | €4,671.29837 | €4,765.862073 | ||
| Selling, general & administrative | €3,162.05984 | €3,155.94339 | ||
| Total operating expenses | €22,514.427434 | €23,607.252617 | ||
| Operating income | €1,514.636379 | €2,485.580374 | ||
| Income from continuing operations | ||||
| Net other income | €58.296767 | €46.087457 | ||
| EBIT | €1,572.933147 | €2,531.667831 | ||
| Income before tax | €1,618.275077 | €2,287.613795 | ||
| Income tax expense | €890.645056 | -€2,122.117925 | ||
| Minority interest | €15.113977 | €9.42698 | ||
| Net income | ||||
| Net income | €717.913893 | €4,451.629409 | ||
| Income (for common shares) | €717.913893 | €4,451.629409 | ||
Cash flows
| (in millions EUR) | 29 Feb 2024 | 20 Oct 2023 | |
|---|---|---|---|
| Net income | -€30.596035 | €143.610538 | |
| Operating activities | |||
| Depreciation | €897.63612 | -€295.249806 | |
| Change in accounts receivable | €5,312.56281 | €5,919.027139 | |
| Changes in inventory | €2,935.350189 | €3,400.160293 | |
| Total cash flows from operations | €1,734.843689 | -€47.666472 | |
| Investing activities | |||
| Capital expenditures | -€555.103102 | €232.314806 | |
| Investments | |||
| Other cash flows from investing | |||
| Total cash flows from investing | €1,011.309468 | -€775.946363 | |
| Financing activities | |||
| Dividends paid | |||
| Net borrowings | -€5,677.45739 | -€4,248.392319 | |
| Other cash flows from financing | |||
| Total cash flows from financing | -€1,276.435227 | €584.826409 | |
| Effect of exchange rate | |||
| Change in cash and equivalents | €8,419.564591 | €6,512.06634 | |
| (in millions EUR) | 2024 | 2023 | ||
|---|---|---|---|---|
| Net income | €717.913893 | €4,451.629409 | ||
| Operating activities | ||||
| Depreciation | €1,173.492334 | €1,194.084124 | ||
| Change in accounts receivable | -€499.694035 | -€132.158507 | ||
| Changes in inventory | -€484.548639 | €777.93645 | ||
| Total cash flows from operations | €1,421.79338 | €1,543.929823 | ||
| Investing activities | ||||
| Capital expenditures | -€703.879486 | -€629.512771 | ||
| Investments | ||||
| Other cash flows from investing | ||||
| Total cash flows from investing | €1,125.991264 | -€1,969.191362 | ||
| Financing activities | ||||
| Dividends paid | ||||
| Net borrowings | -€5,677.45739 | -€6,214.474655 | ||
| Other cash flows from financing | ||||
| Total cash flows from financing | -€1,621.513786 | -€876.709133 | ||
| Effect of exchange rate | ||||
| Change in cash and equivalents | -€532.924011 | -€1,284.011115 | ||
Recent institutional transactions
| Quarter | Shareholder | Change |
Shares owned
Shares
|
Value (in thousands USD) |
|---|---|---|---|---|
| 2024 Q2 | City State Bank |
Opened
|
100 | $0 |
| 2024 Q1 | Slate Path Capital L.P. |
Opened
|
31,813,000 | $112,618,020 |
| 2024 Q1 | Pzena Investment Management |
+57.72%
|
67,489,193 | $238,911,743 |
| 2024 Q1 | Woodline Partners L.P. |
Opened
|
10,646,757 | $37,689,520 |
| 2024 Q1 | Artisan Partners Partnership |
+5.84%
|
107,617,285 | $380,965,189 |
| 2024 Q1 | Blackrock |
-52.57%
|
5,092,387 | $18,027,051 |
| 2024 Q1 | Morgan Stanley |
+39.73%
|
10,458,643 | $37,023,602 |
| 2024 Q1 | Arrowstreet Capital, Limited Partnership |
-80.42%
|
453,984 | $1,607 |
| 2024 Q1 | Deutsche Bank Ag\ |
+125.30%
|
2,752,204 | $9,742,802 |
| 2024 Q1 | Goldman Sachs Group Inc |
+31.46%
|
4,011,677 | $14,201,339 |
Institutional shareholders
| Shareholder | Stake |
Shares owned
Shares
|
Value (in thousands USD) |
|---|---|---|---|
| Artisan Partners Partnership | 1.92% | 107,617,285 | |
| Pzena Investment Management | 1.20% | 67,489,193 | |
| Slate Path Capital L.P. | 0.57% | 31,813,000 | |
| Optiver B.v | 0.32% | 18,052,143 | |
| Millennium Management | 0.32% | 17,900,000 | |
| Tiaa Cref Investment Management | 0.24% | 13,748,174 | |
| Woodline Partners L.P. | 0.19% | 10,646,757 | |
| Morgan Stanley | 0.19% | 10,458,643 | |
| Citadel Advisors | 0.18% | 10,275,901 | |
| Capital International Investors | 0.16% | 8,963,286 |
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