Nokia
4.21
EUR
-0.13 %
NOKIA
NASDAQ Helsinki
Telecommunications
Technology
23,817 following
-0.13%
-0.14%
-1.51%
+14.03%
+17.09%
+37.94%
+28.73%
-17.04%
+35.02%
+51.7%
www.nokia.com/about-us/investors
Nokia is a global telecommunications company. The company offers solutions in IP, broadband, digital health, and cloud-based systems. The customers are found in a broad base of markets and consist of large corporate customers, authorities, and private consumers. The business is established on a global level in all regions. Nokia was founded in 1865 and the head office is located in Esbo, Finland.
P/E (adj.) (24e)
12.2
EV/EBIT (adj.) (24e)
8.39
P/B (24e)
1.11
Dividend yield-% (24e)
3.33 %
Target price
3.30 EUR
Recommendation
Sell
Updated
17.10.2024
NASDAQ Helsinki
NOKIA
Daily low / high price
4.185 / 4.229
EUR
Market cap
23.63B EUR
Turnover
38.72M EUR
Volume
9.2M
Business risk
Valuation risk
Current
Previous
Latest research
Analyst
Atte Riikola
Analyst
Latest videos
Financial calendar
Quarterly dividend
2025-02-03
Annual report
2025-02-26
Major OwnersSource: Millistream Market Data AB
| Owner | Capital | Votes |
|---|---|---|
| Solidium | 5.8 % | 5.8 % |
| Nokia | 2.7 % | 2.7 % |
| Keskinäinen Eläkevakuutusyhtiö Ilmarinen | 1.4 % | 1.4 % |
| Keskinäinen Työeläkevakuutusyhtiö Varma | 1.2 % | 1.2 % |
| Keskinäinen Työeläkevakuutusyhtio Elo | 0.8 % | 0.8 % |
| Valtion Eläkerahasto | 0.6 % | 0.6 % |
| Lival | 0.3 % | 0.3 % |
| Svenska Litteratursällskapet i Finland | 0.3 % | 0.3 % |
| Nordea Pro Finland Fund | 0.2 % | 0.2 % |
| Sijoitusrahasto Seligson & Coomx Helsinki 25 Pörssinoteerat | 0.2 % | 0.2 % |
Insider Transactions
| Insider | Date | Total value |
|---|---|---|
| Nishant Batra | 2024-11-07 | 6,064EUR |
| Tommi Uitto | 2024-11-07 | 13EUR |
| Federico Guillén | 2024-11-07 | 7,211EUR |
| Raghav Sahgal | 2024-11-07 | 11,312EUR |
| Louise Fisk | 2024-11-07 | 500EUR |
| Lorna Gibb | 2024-11-07 | 316EUR |
| Federico Guillén | 2024-11-07 | 7,211EUR |
| Lorna Gibb | 2024-11-07 | 316EUR |
| Nishant Batra | 2024-11-07 | 6,064EUR |
| Tommi Uitto | 2024-11-07 | 13EUR |
Forum updates
Income statement
| 2020 | 2021 | 2022 | 2023 | 2024e | 2025e | 2026e | 2027e | |
|---|---|---|---|---|---|---|---|---|
| Revenue | 21,852.0 | 22,202.0 | 24,911.0 | 21,138.0 | 19,106.9 | 19,440.3 | 19,845.5 | 20,233.0 |
| growth-% | -6.3 % | 1.6 % | 12.2 % | -15.1 % | -9.6 % | 1.7 % | 2.1 % | 2.0 % |
| EBITDA | 2,016.5 | 3,253.0 | 3,458.0 | 2,747.8 | 2,850.7 | 2,387.7 | 2,559.3 | 2,739.0 |
| EBIT (adj.) | 2,080.5 | 2,775.0 | 3,109.0 | 2,337.3 | 2,429.9 | 2,183.8 | 2,355.5 | 2,519.7 |
| EBIT | 884.5 | 2,158.0 | 2,318.0 | 1,660.8 | 1,834.9 | 1,533.8 | 1,905.5 | 2,119.7 |
| Profit before taxes | 742.5 | 1,926.0 | 2,184.0 | 1,471.8 | 1,921.0 | 1,538.8 | 1,860.5 | 2,074.7 |
| Net income | -2,522.5 | 1,623.0 | 4,250.0 | 678.8 | 1,049.0 | 1,149.4 | 1,390.7 | 1,551.3 |
| EPS (adj.) | 0.25 | 0.37 | 0.44 | 0.29 | 0.35 | 0.30 | 0.31 | 0.33 |
| growth-% | 10.1 % | 48.7 % | 19.9 % | -33.9 % | 19.4 % | -13.5 % | 4.5 % | 7.0 % |
| Dividend | 0.00 | 0.08 | 0.12 | 0.13 | 0.14 | 0.16 | 0.18 | 0.20 |
| Dividend ratio | 27.7 % | 15.8 % | 105.8 % | 73.7 % | 76.9 % | 72.0 % | 71.8 % |
Profitability and return on capital
| 2020 | 2021 | 2022 | 2023 | 2024e | 2025e | 2026e | 2027e | |
|---|---|---|---|---|---|---|---|---|
| EBITDA-% | 9.2 % | 14.7 % | 13.9 % | 13.0 % | 14.9 % | 12.3 % | 12.9 % | 13.5 % |
| EBIT-% (adj.) | 9.5 % | 12.5 % | 12.5 % | 11.1 % | 12.7 % | 11.2 % | 11.9 % | 12.5 % |
| EBIT-% | 4.0 % | 9.7 % | 9.3 % | 7.9 % | 9.6 % | 7.9 % | 9.6 % | 10.5 % |
| ROE | -18.2 % | 10.9 % | 22.0 % | 3.2 % | 5.1 % | 5.5 % | 6.5 % | 7.0 % |
| ROI | 4.6 % | 10.3 % | 9.0 % | 5.9 % | 7.1 % | 6.2 % | 7.6 % | 8.3 % |
Valuation
| 2020 | 2021 | 2022 | 2023 | 2024e | 2025e | 2026e | 2027e | |
|---|---|---|---|---|---|---|---|---|
| Share price (EUR) | 3.15 | 5.57 | 4.33 | 3.05 | 4.21 | 4.21 | 4.21 | 4.21 |
| Shares | 5,617.5 | 5,629.4 | 5,590.3 | 5,525.6 | 5,525.6 | 5,525.6 | 5,565.6 | 5,565.6 |
| Market cap | 17,700.7 | 31,378.2 | 24,189.0 | 16,864.1 | 23,262.8 | 23,262.8 | 23,431.2 | 23,431.2 |
| Enterprise value | 15,823.9 | 27,358.7 | 21,542.5 | 14,623.0 | 20,389.4 | 20,063.1 | 19,913.5 | 19,611.1 |
| EV/S | 0.7 | 1.2 | 0.9 | 0.7 | 1.1 | 1.0 | 1.0 | 1.0 |
| EV/EBITDA | 7.8 | 8.4 | 6.2 | 5.3 | 7.2 | 8.4 | 7.8 | 7.2 |
| EV/EBIT (adj.) | 7.6 | 9.9 | 6.9 | 6.3 | 8.4 | 9.2 | 8.5 | 7.8 |
| EV/EBIT | 17.9 | 12.7 | 9.3 | 8.8 | 11.1 | 13.1 | 10.5 | 9.3 |
| P/E (adj.) | 12.8 | 15.3 | 9.9 | 10.6 | 12.2 | 14.1 | 13.5 | 12.6 |
| P/E | - | 19.3 | 5.7 | 24.8 | 22.2 | 20.2 | 16.8 | 15.1 |
| P/B | 1.4 | 1.8 | 1.1 | 0.8 | 1.1 | 1.1 | 1.1 | 1.1 |
| P/S | 0.8 | 1.4 | 1.0 | 0.8 | 1.2 | 1.2 | 1.2 | 1.2 |
| Dividend yield | 1.4 % | 2.8 % | 4.3 % | 3.3 % | 3.8 % | 4.3 % | 4.8 % | |
| Equity ratio | 34.7 % | 43.6 % | 49.9 % | 51.8 % | 57.3 % | 58.8 % | 59.9 % | 61.0 % |
| Gearing ratio | -14.3 % | -22.6 % | -12.2 % | -10.8 % | -13.4 % | -14.7 % | -15.8 % | -16.8 % |
Quarter data
| Q4/23 | 2023 | Q1/24 | Q2/24 | Q3/24 | Q4/24e | 2024e | Q1/25e | Q2/25e | |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | 5,417.0 | 21,138.0 | 4,443.8 | 4,465.9 | 4,326.3 | 5,870.9 | 19,106.9 | 4,298.0 | 4,645.1 |
| EBITDA | 815.8 | 2,747.8 | 665.7 | 699.4 | 485.6 | 1,000.0 | 2,850.7 | 359.6 | 484.0 |
| EBIT | 533.8 | 1,660.8 | 404.7 | 431.4 | 245.6 | 753.2 | 1,834.9 | 146.1 | 270.6 |
| Profit before taxes | 498.8 | 1,471.8 | 455.5 | 468.0 | 219.3 | 778.2 | 1,921.0 | 146.1 | 270.6 |
| Net income | -32.3 | 678.8 | 438.1 | -142.4 | 161.1 | 592.2 | 1,049.0 | 108.1 | 201.4 |
ShowingAll content types
Nokia Corporation: Repurchase of own shares on 15.11.2024
Nokia Corporation: Repurchase of own shares on 14.11.2024
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