Nokia Corp Adr Stock Fundamentals

NOK Stock  USD 4.05  0.03  0.74%   
Nokia Corp's fundamental analysis aims to assess its intrinsic value by examining key economic and financial indicators - such as cash flow records, changes in balance sheet accounts, income statement trends, financial ratios, and relevant microeconomic factors affecting Nokia Stock price.
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Nokia Corp ADR Company Return On Equity Analysis

Nokia Corp's Return on Equity or ROE tells company stockholders how effectually their money is being utilized or reinvested. It is a useful ratio when analyzing company profitability or the management effectiveness given the capital invested by the shareholders. ROE shows how efficiently a company utilizes investments to generate income.

Return On Equity

 = 

Net Income

Total Equity

More About Return On Equity | All Equity Analysis

Current Nokia Corp Return On Equity

    
  0.0447  
Most of Nokia Corp's fundamental indicators, such as Return On Equity, 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 Corp ADR is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
For most industries, Return on Equity between 10% and 30% are considered desirable to provide dividends to owners and have funds for the future growth of the company. Investors should be very careful using ROE as the only efficiency indicator because ROE can be high if a company is heavily leveraged.
Competition

Based on the latest financial disclosure, Nokia Corp ADR has a Return On Equity of 0.0447. This is 100.37% lower than that of the Communications Equipment sector and 100.89% lower than that of the Information Technology industry. The return on equity for all United States stocks is 114.42% lower than that of the firm.

Nokia Corp ADR Fundamental Drivers Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Nokia Corp's current stock value. Our valuation model uses many indicators to compare Nokia Corp value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Nokia Corp competition to find correlations between indicators driving Nokia Corp's intrinsic value. More Info.
Nokia Corp ADR is rated below average in return on equity category among its peers. It also is rated below average in return on asset category among its peers reporting about  0.58  of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Nokia Corp ADR is roughly  1.73 . Comparative valuation analysis is a catch-all technique that is used if you cannot value Nokia Corp by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.

Nokia Return On Equity Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Nokia Corp's direct or indirect competition against its Return On Equity to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Nokia Corp could also be used in its relative valuation, which is a method of valuing Nokia Corp by comparing valuation metrics of similar companies.
Nokia Corp is currently under evaluation in return on equity category among its peers.

Nokia Fundamentals

About Nokia Corp Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Nokia Corp ADR's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Nokia Corp using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Nokia Corp ADR 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.
Nokia Oyj provides mobile, fixed, and cloud network solutions worldwide. Nokia Oyj was founded in 1865 and is headquartered in Espoo, Finland. Nokia Corp operates under Communication Equipment classification in the United States and is traded on New York Stock Exchange. It employs 87927 people.

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When determining whether Nokia Corp ADR is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Nokia Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Nokia Corp Adr Stock. Highlighted below are key reports to facilitate an investment decision about Nokia Corp Adr Stock:
Check out Nokia Corp Piotroski F Score and Nokia Corp Altman Z Score analysis.
You can also try the FinTech Suite module to use AI to screen and filter profitable investment opportunities.
Is Communications Equipment space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Nokia Corp. If investors know Nokia will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Nokia Corp listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Nokia Corp ADR is measured differently than its book value, which is the value of Nokia that is recorded on the company's balance sheet. Investors also form their own opinion of Nokia Corp's value that differs from its market value or its book value, called intrinsic value, which is Nokia Corp's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Nokia Corp's market value can be influenced by many factors that don't directly affect Nokia Corp's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Nokia Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Nokia Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Nokia Corp's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.