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Nokia Oyj

Nokia Oyj

NOKIA.PA
Nokia Oyjundefined flagEuronext Paris
5.55
EUR
- -
- -
29.92BMarket Cap
Nokia Oyj
NOKIA.PA
(Euronext Paris)

Recent

price

5.55

P/E

ratio

- -

div

yld

- -

ROIC.AI

2009
2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
TTM
FRC
11.06
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
Revenue per Share
0.24
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
0.17
Basic EPS, GAAP
0.87
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
0.23
Free Cash Flow per Basic Share
0.42
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
0.11
Dividend per Share
2.73
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
0.32
Book Value per Share
1.83
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
2.26
Tangible Book Value per Share
3,705
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
5,387
Basic Weighted Avg Shares
40,984
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
19,748
Sales/Revenue/Turnover
5.56
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
6.88
8.18
3.85
Operating Margin (%)
1,784
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
835
Depreciation Expense
891
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
915
Net Income, GAAP
72.97
24.8
- -
- -
67.92
- -
22.47
- -
- -
- -
88.46
438.22
14.12
- -
55.82
18.17
14.77
Effective Tax Rate (%)
2.17
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
4.63
Profit Margin (%)
8,425
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
4,650
Working Capital
4,432
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
3,152
LT Debt
14,749
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
19,673
Total Equity
3.01
7.57
- -
- -
2.61
- -
11.25
- -
- -
- -
0.29
-17.03
7.08
- -
2.39
4.91
5.42
Return on Invested Capital (%)
8.93
14.81
- -
- -
-3.73
- -
31.59
- -
- -
- -
1.1
-100.38
57.89
- -
11.42
22.01
30.89
Return on Capital (%)
8.07
17.93
-12.52
-50.39
-17.4
88.96
42.96
-14.79
-57.16
- -
- -
- -
- -
- -
40.66
66.3
106.21
Return on Common Equity (%)

Capital Structure

FRC

•

in mil. unless spec.
Mar'25
Jun'25
Sep'25
ST Debt
2,090
951
913
LT Borrowings
2,287
2,342
2,343
LT Finance Leases
688
807
809
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
5,381
5,379
5,413
Market Capitalization
26,325
23,733
21,927

Working Capital

FRC

•

in mil. unless spec.
Mar'25
Jun'25
Sep'25
Total Current Assets
16,328
14,262
14,374
Cash, Cash Equivalents & STI
7,222
6,081
6,065
Accounts Receivable, Net
4,677
3,750
3,990
Inventories
2,579
2,479
2,380
Total Current Liabilities
11,996
9,775
9,724
Payables & Accruals
3,248
3,177
3,242
ST Debt
2,090
951
913
Deferred Revenue
1,591
1,498
1,589

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
13.32%
8.04%
0.58%
Free Cash Flow
-183.74%
-68.6%
203.91%
Net Income, GAAP
-3,638.21%
-7,227.53%
92.03%
Sales/Revenue/Turnover
7.6%
-3.55%
-9.07%
Total Cash Common Dividend
380.76%
749.35%
16.43%

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
5,859
5,438
4,709
5,707
21,138
2024
4,444
4,466
4,326
5,984
19,220
2025
4,390
4,546
4,828
- -
- -

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
0.05
0.05
0.02
-0.01
0.12
2024
0.08
-0.03
0.03
0.15
0.23
2025
-0.01
0.02
- -
- -
- -

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
0.02
0.03
0.03
0.03
0.11
2024
0.03
0.04
- -
- -
0.13
2025
0.03
0.04
- -
- -
- -
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Business
Nokia Oyj provides network infrastructure, mobile networks, cloud and network services, and related technologies to communications service providers, enterprises, governments, webscales, and defense sectors worldwide. Nokia operates through segments including Network Infrastructure with mobile networks encompassing 2G to 5G radio access, microwave radio links, fixed networks for fiber and copper access, optical networks with coherent transponders and wavelength-division multiplexers, submarine networks, IP networks, and data center switching; Cloud and Network Services offering cloud core software, Wi-Fi mesh solutions, virtualization, and enterprise applications; and Nokia Technologies focusing on IP licensing, imaging, sensing, wireless connectivity, and research in radio systems, media technologies, and advanced materials. The company, founded in 1865 and headquartered in Espoo, Finland, conducts business in over 130 countries across North and Latin America, Greater China, India, Asia Pacific, Europe, the Middle East, and Africa. Recent developments include a USD 1.0 billion equity investment from NVIDIA in 2025 to support AI-RAN market leadership, data center networking evolution, and 5G/6G RAN software on NVIDIA architecture; a five-year radio access network contract extension with Telefónica Germany in November 2025 for Cloud RAN modernization through 2030 using AirScale Massive MIMO radios and AI-driven operations; the acquisition of Infinera Corp. announced in June 2024 for USD 2.3 billion to bolster data center optical networking; and a reorganization announced in November 2025 into two primary segments—Network Infrastructure and Mobile Infrastructure—effective January 2026, alongside a new long-term operating profit target of EUR 2.7-3.2 billion by 2028, with certain units like Fixed Wireless Access CPE shifted to Portfolio Businesses for strategic review.