Nokia Oyj(NOK) Stock Research - Grey Stern Research
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Nokia Oyj (NOK) Stock Analysis

$4.67 (-1.27%)

NOK Financial Performance


Use the table below to view Nokia Oyj's financial profile. This data is gathers from the latest available financial statements. Annual data is taken from the trailing 12 months of statements. All numbers are reported in US Dollars and so any foreign currencies are converted to USD so comparison's can be done.

Based on Financial Statements from Q2 - 2024

Metric Value Ranking among Peers
Price $4.78 -
52 Week Low $2.94 -
52 Week High $4.95 -
Market Cap $26.1 Billion 3/12
Gross Margin 43% 6/12
Profit Margin -3% 7/12
EBITDA margin 14% 4/12
Q2 - 2024 Revenue $4.9 Billion 3/12
Q2 - 2024 Earnings -$159.3 Million 11/12
Q2 - 2024 Free Cash Flow $433.0 Million 3/12
Trailing 4 Quarters Revenue $21.8 Billion 4/12
Trailing 4 Quarters Earnings $415.4 Million 4/12
Quarterly Earnings Growth -150% 9/12
Annual Earnings Growth -66% 8/12
Quarterly Revenue Growth -22% 10/12
Annual Revenue Growth -15% 10/12
Cash On Hand $7.5 Billion 1/12
Short Term Debt $1.3 Billion 3/12
Long Term Debt $3.0 Billion 4/12

Nokia Oyj Financial Metrics


Financial metrics are a set of useful numbers that can give key performance indicators of a company. The various metrics can include information about profitability, growth, and debt load. When combined and use properly they can tell an analyst a compelling fact-based story of how the company is currently performing. To compare Nokia Oyj's metrics versus it's peers make sure to run our peer analysis tool.

Valuation Metrics

Metric Value Ranking among Peers
PE 62.74 2/12
PS 1.09 9/12
PB 1.13 12/12
PC 3.46 11/12
Liabilities to Equity 0.85 10/12
ROA 0.01 6/12
ROE 0.02 6/12
Current Ratio 2.18 2/12
Quick Ratio 0.49 2/12
Long Term Debt to Equity 0.13 10/12
Debt to Equity 0.22 10/12
Burn Rate 12.36 3/12
Cash to Cap 0.29 1/12
CCR -2.72 9/12
EV to EBITDA 41.05 6/12
EV to Revenue 1.21 10/12

Company Details

Nokia Oyj provides mobile, fixed, and cloud network solutions worldwide. The company operates through four segments: Mobile Networks, Network Infrastructure, Cloud and Network Services, and Nokia Technologies. It offers products and services for radio access networks covering technologies from 2G to 5G, and microwave radio links for transport networks. The company provides fixed networking solutions, such as fiber and copper-based access infrastructure, and cloud and virtualization services, as well as wi-fi portfolio, including mesh solutions and cloud-based controllers; IP routing solutions for IP aggregation, and edge and core applications for residential, business, mobile, and industrial services; a portfolio of optical networks comprising portfolio coherent optical transponders, optical transport network switchers, wavelength-division multiplexers, reconfigurable optical add-drop multiplexer solutions, and optical line systems for metro access and aggregation, data center interconnect, regional, and long-haul/ultra-long-haul applications; and submarine networks. In addition, it offers business applications software, cloud and cognitive services, core networks software, and enterprise solutions. Further, the company provides hardware, software, and services, as well as licensing of intellectual property, including patents, technologies, and the Nokia brand. It serves communications service providers, webscales, hyperscalers, digital industries, and government. Nokia Oyj was founded in 1865 and is headquartered in Espoo, Finland.

CEO: Mr. Rajeev Suri

Website: https://www.nokia.com

Address: Karakaari 7 Espoo,

Exchange: New York Stock Exchange

Industry: Communication Equipment

Nokia Oyj Peer Analysis


A useful and more reliable way of seeing the health of a company is to compare it to other companies operating in the same sector. Below is our list of companies which we rank are the closest peers to Nokia Oyj. If you feel that peers should be added or removed from this list please contact us. To run an in-depth peer analysis which compares many financial metrics click on the link below.

Stock Ticker Market Cap
Cisco Systems, Inc. CSCO $222.5 Billion
Hewlett Packard Enterprise Company HPE $26.0 Billion
Viavi Solutions Inc. VIAV $2.1 Billion
Juniper Networks, Inc. JNPR $12.9 Billion
Extreme Networks, Inc. EXTR $2.0 Billion
Ciena Corporation CIEN $9.1 Billion
Lumentum Holdings Inc. LITE $4.4 Billion
Motorola Solutions, Inc. MSI $76.4 Billion
Infinera Corporation INFN $1.6 Billion
Applied Optoelectronics, Inc. AAOI $670.7 Million
Clearfield, Inc. CLFD $505.4 Million
Run Peer Analysis
Income Statement
Balance Sheet
Cash Flow Statement
NOK Income Statements
Quarter Year Revenue Earnings
Q3 2024 € 4.3 Billion €175.0 Million
Q2 2024 € 4.5 Billion -€145.0 Million
Q1 2024 € 4.7 Billion €434.0 Million
Q4 2023 € 5.7 Billion -€50.0 Million
Q3 2023 € 5.0 Billion €139.0 Million
Q2 2023 € 5.7 Billion €290.0 Million
Q1 2023 € 5.9 Billion €279.0 Million
Q4 2022 € 7.4 Billion €3.2 Billion

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NOK Balance Sheets
Quarter Year Cash & Equivalents Total Assets Total Debt Total Equity
Q2 2024 €6.9 Billion €38.9 Billion €4.6 Billion €21.0 Billion
Q1 2024 €6.6 Billion €39.7 Billion €4.8 Billion €21.2 Billion
Q4 2023 €6.2 Billion €39.8 Billion €0 €20.6 Billion
Q3 2023 €4.6 Billion €40.5 Billion €5.2 Billion €21.3 Billion
Q2 2023 €5.1 Billion €40.7 Billion €5.2 Billion €21.2 Billion
Q1 2023 €4.8 Billion €42.0 Billion €5.3 Billion €21.3 Billion
Q4 2022 €5.5 Billion €42.9 Billion €5.5 Billion €21.3 Billion
Q3 2022 €5.2 Billion €42.9 Billion €5.7 Billion €19.7 Billion

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NOK Cash Flow Statements
Quarter Year freeCashFlow capitalExpenditure netChangeInCash
Q2 2024 €394.0 Million -€95.0 Million €292.0 Million
Q1 2024 €955.0 Million -€112.0 Million €327.0 Million
Q4 2023 €1.7 Billion -€149.0 Million €1.6 Billion
Q3 2023 -€447.0 Million -€144.0 Million -€501.0 Million
Q2 2023 -€460.0 Million -€127.0 Million €279.0 Million
Q1 2023 -€149.0 Million -€232.0 Million -€640.0 Million
Q4 2022 €372.0 Million -€195.0 Million €271.0 Million
Q3 2022 €275.0 Million -€116.0 Million -€261.0 Million

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