Nokia Oyj ( NOK) Stock. Should you Buy or Sell? $ 5.07
0.07 (1.36 %)
Nokia Oyj Analysis
Updated on 10-09-2022Symbol | NOK |
Price | $5.07 |
Beta | 0.614 |
Volume Avg. | $28.05 M |
Market Cap | $28.6 B |
52 Week Range | $4.37 - $6.4 |
Nokia Oyj opened the day at $5.07 which is +'1.36 % on yesterday's close. Nokia Oyj has a 52 week high of $6.4 and 52 week low of $4.37, which is a difference of $2.03. We like to see positive, upward trending shares, preferably with momentum. Market capitalization is $28.6 B and total net profit is $22202000000 which means the company is trading at 1.29 times profit to market capitalization. Theoretically, if you were to buy Nokia Oyj for $28.6 B, it would take 15 years to get your money back. Nokia Oyj are in the Communication Equipment space which will have a sweet spot and industry standard for net profit multiples.
Price Chart
Financials
Nokia Oyj Stock Forecast - Is Nokia Oyj a Buy or Sell?
DCF Score | Strong Buy | |
ROE Score | Neutral | |
ROA Score | Neutral | |
DE Score | Buy | |
PE Score | Strong Buy | |
PB Score | Strong Buy | |
Overall Recommendation | Strong Buy |
Growth and Value
PE Ratio | 17.483 |
Dividend Yiel | 0.007 |
Net Profit Margin | 0.073 |
Valuing Nokia Oyj
Price Book Value Ratio | 1.282 | Price To Book Ratio | 1.282 |
Price To Sales Ratio | 1.052 | Price Earnings Ratio | 14.370 |
How liquid is Nokia Oyj
Current Ratio | 1.596 |
Quick Ratio | 1.269 |
Debt
Debt Ratio | 0.535 | Debt Equity Ratio | 1.156 |
Long Term Debt To Capitalization | 0.220 | Total Debt To Capitalization | 0.233 |
Latest news about Nokia Oyj

In the latest trading session, Nokia (NOK) closed at $5, marking no change from the previous day.

Nokia (NOK) is on track to build an optical transport network for Energie AG in Austria. It will operate on two central sites in Upper Austria by providing an advanced high-speed optical network.

Share of Nokia (NYSE: NOK ) are up about 5% today as the company is currently in the process of buying back shares. Yesterday, the Finnish technology company bought back 502,600 shares.

Nokia (NOK) and Ericsson (ERIC) decide to close their business operations in Russia.

These household names offer a combination of powerful business advantages and bargain-bin stock prices.
About Nokia Oyj
Description :
Nokia Oyj provides mobile, fixed, and cloud network solutions worldwide. The company operates through four segments: Mobile Networks, Network Infrastructure, Cloud and Network Services, and Nokia Technologies. It offers products and services for radio access networks covering technologies from 2G to 5G, and microwave radio links for transport networks. The company provides fixed networking solutions, such as fiber and copper-based access infrastructure, and cloud and virtualization services, as well as wi-fi portfolio, including mesh solutions and cloud-based controllers; IP routing solutions for IP aggregation, and edge and core applications for residential, business, mobile, and industrial services; a portfolio of optical networks comprising portfolio coherent optical transponders, optical transport network switchers, wavelength-division multiplexers, reconfigurable optical add-drop multiplexer solutions, and optical line systems for metro access and aggregation, data center interconnect, regional, and long-haul/ultra-long-haul applications; and submarine networks. In addition, it offers business applications software, cloud and cognitive services, core networks software, and enterprise solutions. Further, the company provides hardware, software, and services, as well as licensing of intellectual property, including patents, technologies, and the Nokia brand. It serves communications service providers, webscales, hyperscalers, digital industries, and government. Nokia Oyj was founded in 1865 and is headquartered in Espoo, Finland.