Valuation Nokia Oyj

Equities

Market Closed - Nasdaq Helsinki Other stock markets 17:00:00 11/07/2025 BST			5-day change	1st Jan Change
4.270 ^EUR	-2.15%		-2.87%	-0.11%

07-10	Swedish Shares in North America - Ericsson Slips 0.3 Percent	FW
07-09	Ericsson Shares Plunge on Stockholm Stock Exchange	FW

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	23,020	-	-
Change	-	77.45%	-23.19%	-30.1%	36.2%	0.02%	-	-
Enterprise Value (EV) ¹	15,252	27,531	19,408	12,576	18,163	19,971	19,238	17,775
Change	-	80.51%	-29.51%	-35.2%	44.42%	9.96%	-3.67%	-7.61%
P/E ratio	-7.33x	19.2x	5.77x	25.4x	18.6x	19.3x	15.3x	13.1x
PBR	1.41x	1.81x	1.13x	0.82x	1.11x	1.11x	1.07x	1.01x
PEG	-	-0x	0x	-0.3x	0.2x	-5.22x	0.6x	0.8x
Capitalization / Revenue	0.81x	1.42x	0.97x	0.76x	1.13x	1.13x	1.09x	1.07x
EV / Revenue	0.7x	1.24x	0.78x	0.57x	0.9x	0.98x	0.91x	0.83x
EV / EBITDA	5.37x	7.91x	5.06x	4.04x	5.02x	7.01x	5.75x	4.97x
EV / EBIT	7.21x	9.92x	6.24x	5.3x	6.93x	9.63x	7.57x	6.42x
EV / FCF	11.9x	13.3x	22.2x	18.9x	8.99x	14.4x	11.2x	8.41x
FCF Yield	8.39%	7.5%	4.5%	5.29%	11.1%	6.97%	8.91%	11.9%
Dividend per Share ²	-	0.08	0.12	0.13	0.14	0.1388	0.1504	0.1624
Rate of return	-	1.44%	2.77%	4.26%	3.28%	3.25%	3.52%	3.8%
EPS ²	-0.43	0.29	0.75	0.12	0.23	0.2215	0.279	0.3264
Distribution rate	-	27.6%	16%	108%	60.9%	62.7%	53.9%	49.8%
Net sales ¹	21,870	22,202	24,911	22,258	20,279	20,331	21,079	21,540
EBITDA ¹	2,839	3,479	3,838	3,110	3,616	2,847	3,345	3,576
EBIT ¹	2,114	2,775	3,109	2,375	2,619	2,073	2,541	2,769
Net income ¹	-2,431	1,623	4,250	665	1,277	1,224	1,589	1,807
Net Debt ¹	-2,485	-3,942	-4,767	-4,323	-4,854	-3,049	-3,782	-5,245
Reference price ²	3.151	5.574	4.327	3.052	4.274	4.270	4.270	4.270
Nbr of stocks (in thousands)	5,628,955	5,646,452	5,587,016	5,537,060	5,384,608	5,391,154	-	-
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	19.28x	0.98x	7.01x	3.25%	26.92B
CISCO SYSTEMS, INC.	26.48x	5.03x	13.1x	2.38%	269B
ARISTA NETWORKS INC	44.65x	19.09x	33.07x	-.--%	136B
FOXCONN INDUSTRIAL INTERNET CO., LTD.	17.14x	0.58x	11.5x	3.07%	72.03B
MOTOROLA SOLUTIONS, INC.	33.65x	6.4x	20.08x	1.06%	69.44B
GARMIN LTD.	26.84x	5.68x	20.08x	1.65%	41.57B
HANGZHOU HIKVISION DIGITAL TECHNOLOGY CO., LTD.	18.81x	2.21x	12.72x	2.93%	35.94B
ERICSSON	13.54x	0.84x	5.73x	3.79%	27.06B
UBIQUITI INC.	40.66x	-	-	-	24.49B
ZHONGJI INNOLIGHT CO., LTD.	20.21x	4.34x	15.53x	0.7%	22.52B
Average	26.13x	5.02x	15.43x	2.09%	72.54B
Weighted average by Cap.	28.83x	7.00x	17.47x	1.88%