Nokia Oyj Stock Price To Earning
| NOKIA Stock | EUR 3.42 0.04 1.16% |
Nokia Oyj fundamentals help investors to digest information that contributes to Nokia Oyj's financial success or failures. It also enables traders to predict the movement of Nokia Stock. The fundamental analysis module provides a way to measure Nokia Oyj's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Nokia Oyj stock.
Nokia |
Nokia Oyj Company Price To Earning Analysis
Nokia Oyj's Price to Earnings ratio is typically used for current valuation of a company and is one of the most popular ratios that investors monitor daily. Holding a low PE stock is less risky because when a company's profitability falls, it is likely that earnings will also go down as well. In other words, if you start from a lower position, your downside risk is limited. There are also some investors who believe that low Price to Earnings ratio reflects the low pricing because a given company is in trouble. On the other hand, a higher PE ratio means that investors are paying more for each unit of profit.
Current Nokia Oyj Price To Earning | 28.24 X |
Most of Nokia Oyj's fundamental indicators, such as Price To Earning, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Nokia Oyj is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Generally speaking, the Price to Earnings ratio gives investors an idea of what the market is willing to pay for the company's current earnings.
| Competition |
Based on the latest financial disclosure, Nokia Oyj has a Price To Earning of 28.24 times. This is 2.02% higher than that of the Communications Equipment sector and 28.32% lower than that of the Information Technology industry. The price to earning for all Finland stocks is 1.67% higher than that of the company.
Nokia Price To Earning Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Nokia Oyj's direct or indirect competition against its Price To Earning to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Nokia Oyj could also be used in its relative valuation, which is a method of valuing Nokia Oyj by comparing valuation metrics of similar companies.Nokia Oyj is currently under evaluation in price to earning category among related companies.
Nokia Fundamentals
| Return On Equity | 0.22 | |||
| Return On Asset | 0.0402 | |||
| Profit Margin | 0.17 % | |||
| Operating Margin | 0.11 % | |||
| Current Valuation | 22.5 B | |||
| Shares Outstanding | 5.59 B | |||
| Shares Owned By Insiders | 5.96 % | |||
| Shares Owned By Institutions | 33.68 % | |||
| Price To Earning | 28.24 X | |||
| Price To Book | 1.34 X | |||
| Price To Sales | 1.06 X | |||
| Revenue | 24.91 B | |||
| Gross Profit | 10.32 B | |||
| EBITDA | 3.46 B | |||
| Net Income | 4.25 B | |||
| Cash And Equivalents | 9.03 B | |||
| Cash Per Share | 1.60 X | |||
| Total Debt | 4.25 B | |||
| Debt To Equity | 0.45 % | |||
| Current Ratio | 1.60 X | |||
| Book Value Per Share | 3.82 X | |||
| Cash Flow From Operations | 1.47 B | |||
| Earnings Per Share | 0.75 X | |||
| Price To Earnings To Growth | 8.95 X | |||
| Target Price | 5.8 | |||
| Number Of Employees | 57 | |||
| Beta | 0.63 | |||
| Market Capitalization | 24.49 B | |||
| Total Asset | 42.94 B | |||
| Retained Earnings | 2.95 B | |||
| Working Capital | 7.88 B | |||
| Current Asset | 20.4 B | |||
| Current Liabilities | 12.52 B | |||
| Z Score | 3.0 | |||
| Annual Yield | 0.02 % | |||
| Five Year Return | 2.49 % | |||
| Net Asset | 42.94 B | |||
| Last Dividend Paid | 0.12 |
About Nokia Oyj Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Nokia Oyj's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Nokia Oyj using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Nokia Oyj based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Building efficient market-beating portfolios requires time, education, and a lot of computing power!
The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.
Try AI Portfolio ArchitectCheck out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Nokia Oyj. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation. Note that the Nokia Oyj information on this page should be used as a complementary analysis to other Nokia Oyj's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Analyst Advice module to analyst recommendations and target price estimates broken down by several categories.
Complementary Tools for Nokia Stock analysis
When running Nokia Oyj's price analysis, check to measure Nokia Oyj's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Nokia Oyj is operating at the current time. Most of Nokia Oyj's value examination focuses on studying past and present price action to predict the probability of Nokia Oyj's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Nokia Oyj's price. Additionally, you may evaluate how the addition of Nokia Oyj to your portfolios can decrease your overall portfolio volatility.
| Portfolio Dashboard Portfolio dashboard that provides centralized access to all your investments | |
| Efficient Frontier Plot and analyze your portfolio and positions against risk-return landscape of the market. | |
| CEOs Directory Screen CEOs from public companies around the world | |
| Odds Of Bankruptcy Get analysis of equity chance of financial distress in the next 2 years | |
| Watchlist Optimization Optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm | |
| USA ETFs Find actively traded Exchange Traded Funds (ETF) in USA | |
| Equity Valuation Check real value of public entities based on technical and fundamental data | |
| Latest Portfolios Quick portfolio dashboard that showcases your latest portfolios | |
| Balance Of Power Check stock momentum by analyzing Balance Of Power indicator and other technical ratios | |
| Analyst Advice Analyst recommendations and target price estimates broken down by several categories | |
| Price Ceiling Movement Calculate and plot Price Ceiling Movement for different equity instruments | |
| Premium Stories Follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope |