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    Communication Equipment
Nokia Oyj

Nokia Oyj

NOA3.DE
Nokia OyjDE flagDeutsche Börse
11.18
EUR
+0.97
- -
62.41BMarket Cap
Nokia Oyj
NOA3.DE
(Deutsche Börse)

Recent

price

11.18

P/E

ratio

- -

div

yld

- -

ROIC.AI

2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
FRC
11.44
4.3
4.15
3.18
3.18
3.42
4.12
4.1
4.04
4.16
3.89
3.94
4.23
3.81
3.51
3.67
3.64
Revenue per Share
0.5
-0.31
-0.84
-0.17
0.94
0.67
-0.13
-0.26
-0.06
- -
-0.45
0.29
0.76
0.12
0.23
0.12
0.14
Basic EPS, GAAP
1.29
0.31
-0.22
-0.09
0.26
0.05
-0.34
0.21
-0.06
-0.05
0.23
0.37
0.16
0.12
0.37
0.27
0.25
Free Cash Flow per Basic Share
0.41
0.41
0.2
0.02
0.38
0.14
0.26
0.17
0.19
0.1
0.03
- -
0.06
0.11
0.13
0.14
0.14
Dividend per Share
2.83
2.18
1.14
0.76
1.34
1.78
0.67
0.25
-0.15
-0.24
-0.69
-0.41
0.29
0.3
0.4
0.39
0.37
Book Value per Share
2.31
2.07
1
0.83
1.56
2.71
1.75
1.24
1.18
1.33
0.98
1.85
2.58
2.53
2.59
2.52
2.51
Tangible Book Value per Share
3,709
3,710
3,711
3,712
3,699
3,671
5,732
5,652
5,588
5,600
5,612
5,630
5,614
5,549
5,476
5,416
5,490
Basic Weighted Avg Shares
42,446
15,968
15,400
11,795
11,762
12,560
23,641
23,147
22,563
23,315
21,852
22,202
23,761
21,138
19,220
19,889
19,996
Sales/Revenue/Turnover
4.88
-0.19
2.75
10.19
13.13
14.54
-0.63
2.73
-0.43
2.17
4.65
7.97
10.29
6.95
8.27
3.93
4.1
Operating Margin (%)
1,771
1,562
1,326
728
297
320
1,594
1,591
1,455
1,660
1,132
1,095
1,140
1,087
1,014
1,119
1,064
Depreciation Expense
1,850
-1,163
-3,105
-615
3,462
2,466
-766
-1,494
-335
7
-2,523
1,623
4,250
665
1,277
651
796
Net Income, GAAP
24.8
- -
- -
67.92
- -
22.47
- -
- -
- -
88.46
438.22
14.12
- -
55.82
18.17
30.27
30.68
Effective Tax Rate (%)
4.36
-7.28
-20.16
-5.21
29.43
19.63
-3.24
-6.45
-1.48
0.03
-11.55
7.31
17.89
3.15
6.64
3.27
3.98
Profit Margin (%)
9,605
8,011
7,005
4,965
6,436
9,433
8,114
7,120
4,167
4,753
6,454
7,496
7,492
7,233
6,593
5,788
5,432
Working Capital
4,242
3,969
5,087
3,286
2,576
2,023
3,657
3,457
2,828
4,756
5,736
5,361
5,107
4,436
3,582
3,126
3,090
LT Debt
16,231
13,916
9,239
6,660
8,669
10,524
20,975
16,218
15,371
15,401
12,545
17,462
21,426
20,628
20,747
21,058
21,273
Total Equity
7.57
- -
- -
2.61
- -
11.25
- -
- -
- -
0.29
-17.03
7.08
- -
2.41
4.97
2.09
2.22
Return on Invested Capital (%)
14.81
- -
- -
-3.73
- -
31.59
- -
- -
- -
1.1
-100.38
57.89
- -
11.4
22
11.64
12.49
Return on Capital (%)
17.93
-12.52
-50.39
-17.4
88.96
42.96
-14.79
-57.16
- -
- -
- -
- -
- -
40.66
66.3
30.24
39.82
Return on Common Equity (%)

Capital Structure

FRC

•

in mil. unless spec.
Sep'25
Dec'25
Mar'26
ST Debt
913
1,287
235
LT Borrowings
2,343
2,329
2,338
LT Finance Leases
809
797
752
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
5,413
5,583
5,583
Market Capitalization
21,981
30,300
37,280

Working Capital

FRC

•

in mil. unless spec.
Sep'25
Dec'25
Mar'26
Total Current Assets
14,374
15,792
15,014
Cash, Cash Equivalents & STI
6,065
6,763
6,123
Accounts Receivable, Net
3,990
4,975
4,562
Inventories
2,380
2,209
2,381
Total Current Liabilities
9,724
10,004
9,582
Payables & Accruals
3,242
5,388
3,510
ST Debt
913
1,287
235
Deferred Revenue
1,589
1,562
1,732

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
11.33%
12.05%
1.5%
Free Cash Flow
-178.45%
31.24%
-27.51%
Net Income, GAAP
-3,640.24%
-8.76%
-49.02%
Sales/Revenue/Turnover
7.27%
-1.6%
3.48%
Total Cash Common Dividend
387.58%
765.12%
4.98%

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
4,444
4,466
4,326
5,984
19,220
2025
4,390
4,546
4,828
6,125
19,889
2026
4,497
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.08
-0.03
0.03
0.15
0.23
2025
-0.01
0.02
- -
0.1
0.12
2026
0.02
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.03
0.04
- -
- -
0.13
2025
0.03
0.04
- -
0.03
0.14
2026
0.03
- -
- -
- -
- -
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Business
Nokia Oyj provides telecommunications network infrastructure, technology, and software solutions to communication service providers, enterprises, governments, and webscale customers worldwide. Founded in 1865 and headquartered in Espoo, Finland, the company operates in four primary segments including Mobile Networks, Network Infrastructure, Cloud and Network Services, and Nokia Technologies; it offers mobile broadband solutions such as 5G radio access networks (RAN), massive MIMO radios, baseband processors, and microwave radio links for transport; fixed network infrastructure encompassing fiber and copper access, IP routing and switching for data centers, optical transport networks for metro and long-haul applications, submarine networks, and in-home Wi-Fi; cloud and network services featuring 5G core software, secure autonomous networks, private wireless solutions, industrial edge computing, network management, optimization, deployment, and network APIs; as well as technology licensing through Nokia Technologies for patents in mobile devices, consumer electronics, and Internet of Things products. Nokia conducts business in more than 130 countries with approximately 80,000 employees. In recent developments, Nokia completed its EUR 2.19 billion acquisition of Infinera Corp. in February 2025 to bolster optical networks and data center capabilities amid AI-driven demand; extended a five-year radio access network (RAN) contract with Telefónica Germany in November 2025 incorporating Cloud RAN, AI-driven Scale Radio Network, massive MIMO radios, and small cell solutions for nationwide 5G modernization; announced a strategic reorganization effective January 2026 into two primary operating segments—Network Infrastructure (covering Optical, IP, and Fixed Networks) and Mobile Infrastructure—to accelerate AI/cloud growth and innovation while targeting comparable operating profit of EUR 2.7-3.2 billion by 2028; and expanded data center partnerships including deals with Microsoft Azure for switching products and collaborations with Kyndryl and Lenovo for advanced networking solutions.