Nokia Oyj
OMXH:NOKIA

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Nokia Oyj Logo
Nokia Oyj
OMXH:NOKIA
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Price: 5.292 EUR 0.27%
Market Cap: 29.3B EUR
Section:
 

Relative Value

The Relative Value of one NOKIA stock under the Base Case scenario is 5.328 EUR. Compared to the current market price of 5.292 EUR, Nokia Oyj is Undervalued by 1%.

Relative Value is the estimated value of a stock based on various valuation multiples like P/E and EV/EBIT ratios. It offers a quick snapshot of a stock's valuation in relation to its peers and historical norms.

NOKIA Relative Value
Base Case
5.328 EUR
Undervaluation 1%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

1.5
P/S
P/S
Price to Sales
1.5
vs History
1
vs Industry
50
Median 3Y
1
Median 5Y
1.1
Industry
2.2
Forward
1.4
More Details
30.9
P/E
P/E
Price to Earnings
30.9
vs History
14
vs Industry
30
Median 3Y
22.1
Median 5Y
16.7
Industry
26.3
Forward
18.8
More Details
15.1
P/OCF
P/OCF
Price to OCF
15.1
vs History
28
vs Industry
35
Median 3Y
12.8
Median 5Y
11.6
Industry
16
More Details
102.7
P/FCFE
P/FCFE
Price to FCFE
102.7
vs History
6
vs Industry
21
Median 3Y
20.1
Median 5Y
19.1
Industry
20.2
More Details
1.5
P/B
P/B
Price to Book Value
1.5
vs History
26
vs Industry
57
Median 3Y
1.1
Median 5Y
1.2
Industry
2.5
More Details
1.3
EV/S
EV/S
Enterprise Value to Sales
1.3
vs History
1
vs Industry
53
Median 3Y
0.8
Median 5Y
0.9
Industry
2.3
Forward
1.3
More Details
2.9
EV/GP
EV/GP
Enterprise Value to Gross Profit
2.9
vs History
1
vs Industry
63
Median 3Y
1.9
Median 5Y
2.1
Industry
7.4
More Details
11.3
EV/EBITDA
EV/EBITDA
Enterprise Value to EBITDA
11.3
vs History
1
vs Industry
43
Median 3Y
5.9
Median 5Y
6.7
Industry
16.6
Forward
9.6
More Details
21.7
EV/EBIT
EV/EBIT
Enterprise Value to EBIT
21.7
vs History
1
vs Industry
36
Median 3Y
9.7
Median 5Y
10.9
Industry
22.4
Forward
13.8
More Details
13.4
EV/OCF
EV/OCF
Enterprise Value to OCF
13.4
vs History
25
vs Industry
38
Median 3Y
10.2
Median 5Y
9.8
Industry
15.2
More Details
19.8
EV/FCFF
EV/FCFF
Enterprise Value to FCFF
19.8
vs History
26
vs Industry
30
Median 3Y
12.7
Median 5Y
11.5
Industry
16
More Details
0.9
EV/IC
EV/IC
Enterprise Value to IC
0.9
vs History
6
vs Industry
64
Median 3Y
0.6
Median 5Y
0.7
Industry
1.9
More Details

Multiples Across Competitors

NOKIA Competitors Multiples
Nokia Oyj Competitors

All Multiples
P/S
P/E
EV/EBITDA
EV/EBIT
All Countries
All Countries
Close
Market Cap P/S P/E EV/EBITDA EV/EBIT
FI
Nokia Oyj
OMXH:NOKIA
28.6B EUR 1.5 30.9 11.3 21.7
JP
Nakayo Inc
TSE:6715
111.4T JPY 6 383.2 7 956 708 364 019 -1 113 898.2
US
Cisco Systems Inc
NASDAQ:CSCO
310.8B USD 5.4 30.1 20.3 24.3
US
Arista Networks Inc
NYSE:ANET
162.3B USD 19.2 48.3 41.3 42
CN
Zhongji Innolight Co Ltd
SZSE:300308
633.3B CNY 21.3 78.7 62.7 62.7
US
Motorola Solutions Inc
NYSE:MSI
61.9B USD 5.5 29.3 22 24.9
US
Ubiquiti Inc
NYSE:UI
35.2B USD 12.8 44.4 36.9 37.7
SE
Telefonaktiebolaget LM Ericsson
STO:ERIC B
301.9B SEK 1.3 12.2 7 9.2
US
Ciena Corp
NYSE:CIEN
30.1B USD 6.6 213.6 77.5 119.2
CN
ZTE Corp
SZSE:000063
202B CNY 1.5 34.6 37.8 37.8
CN
Suzhou TFC Optical Communication Co Ltd
SZSE:300394
186.7B CNY 39.1 101.9 90.2 91.4
EV/EBIT Multiple
EBIT Growth EV/EBIT to Growth
FI
Nokia Oyj
OMXH:NOKIA
Average EV/EBIT: 47.1
21.7
18%
1.2
JP
N
Nakayo Inc
TSE:6715
Negative Multiple: -1 113 898.2 N/A N/A
US
Cisco Systems Inc
NASDAQ:CSCO
24.3
23%
1.1
US
Arista Networks Inc
NYSE:ANET
42
28%
1.5
CN
Zhongji Innolight Co Ltd
SZSE:300308
62.7
87%
0.7
US
Motorola Solutions Inc
NYSE:MSI
24.9
15%
1.7
US
Ubiquiti Inc
NYSE:UI
37.7
7%
5.4
SE
Telefonaktiebolaget LM Ericsson
STO:ERIC B
9.2
10%
0.9
US
Ciena Corp
NYSE:CIEN
119.2
74%
1.6
CN
ZTE Corp
SZSE:000063
37.8
1%
37.8
CN
Suzhou TFC Optical Communication Co Ltd
SZSE:300394
91.4
50%
1.8

See Also

Summary
NOKIA intrinsic value, competitors valuation, and company profile.
DCF Valuation
NOKIA stock valuation using Discount Cash Flow valuation method.
Relative Valuation
NOKIA stock valuation using valuation multiples.
Wall Street Estimates
NOKIA price targets and financial estimates made by Wall st analysts.
Profitability Analysis
Detailed analysis of the company's profitability.
Solvency Analysis
Analysis of the financial position and solvency of the company.
Financials
Income Statement, Balance Sheet, Cash Flow Statement.
Discount Rate
NOKIA stock discount rate: cost of equity and WACC.
Summary
DCF Valuation
Relative Valuation
Wall Street Estimates
Profitability Analysis
Solvency Analysis
Financials
Discount Rate
Discover More
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