Valuation Nokia Oyj

Equities

Market Closed - Nasdaq Helsinki Other stock markets 17:00:00 11/12/2025 GMT			Pre-market 06:40:59
5.406 ^EUR	+1.88%		5.439	+0.61%

05:48am	Swedish Stocks in North America – AstraZeneca Drops 0.8 Percent	FW
12-11	European Equities Traded in the US as American Depositary Receipts Rise in Thursday Trading	MT

Data adjusted to current consolidation scope

Fiscal Period: December	2020	2021	2022	2023	2024	2025	2026	2027
Capitalization ¹	17,737	31,473	24,175	16,899	23,017	30,236	-	-
Change	-	77.45%	-23.19%	-30.1%	36.2%	31.36%	-	-
Enterprise Value (EV) ¹	15,252	27,531	19,408	12,576	18,163	27,219	26,648	25,687
Change	-	80.51%	-29.51%	-35.2%	44.42%	49.86%	-2.1%	-3.61%
P/E ratio	-7.33x	19.2x	5.77x	25.4x	18.6x	33.1x	22x	17.4x
PBR	1.41x	1.81x	1.13x	0.82x	1.11x	1.42x	1.38x	1.32x
PEG	-	-0x	0x	-0.3x	0.2x	-1.1x	0.4x	0.6x
Capitalization / Revenue	0.81x	1.42x	0.97x	0.76x	1.13x	1.52x	1.46x	1.41x
EV / Revenue	0.7x	1.24x	0.78x	0.57x	0.9x	1.37x	1.29x	1.2x
EV / EBITDA	5.37x	7.91x	5.06x	4.04x	5.02x	9.89x	8.12x	7.07x
EV / EBIT	7.21x	9.92x	6.24x	5.3x	6.93x	14x	11x	9.52x
EV / FCF	11.9x	13.3x	22.2x	18.9x	8.99x	18.9x	14.2x	11.5x
FCF Yield	8.39%	7.5%	4.5%	5.29%	11.1%	5.29%	7.03%	8.73%
Dividend per Share ²	-	0.08	0.12	0.13	0.14	0.1402	0.1498	0.1629
Rate of return	-	1.44%	2.77%	4.26%	3.28%	2.59%	2.77%	3.01%
EPS ²	-0.43	0.29	0.75	0.12	0.23	0.1632	0.2453	0.3113
Distribution rate	-	27.6%	16%	108%	60.9%	85.9%	61.1%	52.3%
Net sales ¹	21,870	22,202	24,911	22,258	20,279	19,846	20,693	21,371
EBITDA ¹	2,839	3,479	3,838	3,110	3,616	2,753	3,281	3,633
EBIT ¹	2,114	2,775	3,109	2,375	2,619	1,942	2,428	2,697
Net income ¹	-2,431	1,623	4,250	665	1,277	916.8	1,500	1,768
Net Debt ¹	-2,485	-3,942	-4,767	-4,323	-4,854	-3,017	-3,587	-4,549
Reference price ²	3.151	5.574	4.327	3.052	4.274	5.406	5.406	5.406
Nbr of stocks (in thousands)	5,628,955	5,646,452	5,587,016	5,537,060	5,384,608	5,592,973	-	-
Announcement Date	04/02/21	03/02/22	26/01/23	25/01/24	30/01/25	-	-	-

¹EUR in Million²EUR

Estimates

Add to a list 0 selected To use this feature you must be a member Log in Sign up	P/E (Y)	EV / Sales (Y)	EV / EBITDA (Y)	Dividend Yield (Y)	Capi.($)
NOKIA OYJ	33.13x	1.37x	9.89x	2.59%	35.54B
CISCO SYSTEMS, INC.	27.14x	5.33x	13.79x	2.08%	313B
FOXCONN INDUSTRIAL INTERNET CO., LTD.	35.32x	1.32x	25.49x	1.57%	175B
ARISTA NETWORKS, INC.	49.84x	17.9x	36.54x	-.--%	169B
ZHONGJI INNOLIGHT CO., LTD.	60.9x	17.33x	49.6x	0.2%	92.38B
MOTOROLA SOLUTIONS, INC.	29.51x	5.98x	18.42x	1.19%	61.3B
GARMIN LTD.	25.29x	5.33x	19.04x	1.66%	40.54B
HANGZHOU HIKVISION DIGITAL TECHNOLOGY CO., LTD.	19.68x	2.42x	13.16x	2.79%	38.18B
UBIQUITI INC.	40.66x	-	-	-	35.38B
ERICSSON	11.81x	1.05x	5.7x	3.48%	32.54B
Average	33.33x	6.45x	21.29x	1.73%	99.36B
Weighted average by Cap.	35.56x	7.61x	23.47x	1.46%