Nokia Oyj
OMXH:NOKIA

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Nokia Oyj
OMXH:NOKIA
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Price: 5.878 EUR 4.67%
Market Cap: €32.6B

Relative Value

The Relative Value of one NOKIA stock under the Base Case scenario is 5.499 EUR. Compared to the current market price of 5.878 EUR, Nokia Oyj is Overvalued by 6%.

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
5.499 EUR
Overvaluation 6%
Relative Value
Price
Worst Case
Base Case
Best Case

Multiples Across Competitors

NOKIA Competitors Multiples
Nokia Oyj Competitors

All Multiples
P/S
P/E
EV/EBITDA
EV/EBIT
All Countries
Close
Market Cap P/S P/E EV/EBITDA EV/EBIT
FI
Nokia Oyj
OMXH:NOKIA
32.3B EUR 1.7 50.4 14.6 33
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
331.2B USD 5.7 32 21.5 25.8
US
Arista Networks Inc
NYSE:ANET
172.6B USD 20.3 51.1 43.8 44.6
CN
Zhongji Innolight Co Ltd
SZSE:300308
611B CNY 19.4 71.5 60.4 60.4
US
Motorola Solutions Inc
NYSE:MSI
68.3B USD 6.1 32.4 24.1 27.2
US
Ciena Corp
NYSE:CIEN
39B USD 8.4 325.6 89.5 129.9
SE
Telefonaktiebolaget LM Ericsson
STO:ERIC B
335.6B SEK 1.4 11.9 7.4 9.4
US
Ubiquiti Inc
NYSE:UI
34.4B USD 12.7 44.1 36.6 37.4
US
Lumentum Holdings Inc
NASDAQ:LITE
30.8B USD 19.5 318.8 256.7 -353.2
CN
Suzhou TFC Optical Communication Co Ltd
SZSE:300394
205.3B CNY 41.4 108 100.6 100.6
EV/EBIT Multiple
EBIT Growth EV/EBIT to Growth
FI
Nokia Oyj
OMXH:NOKIA
Average EV/EBIT: 52
33
54%
0.6
JP
N
Nakayo Inc
TSE:6715
Negative Multiple: -1 113 898.2 N/A N/A
US
Cisco Systems Inc
NASDAQ:CSCO
25.8
23%
1.1
US
Arista Networks Inc
NYSE:ANET
44.6
28%
1.6
CN
Zhongji Innolight Co Ltd
SZSE:300308
60.4
88%
0.7
US
Motorola Solutions Inc
NYSE:MSI
27.2
15%
1.8
US
Ciena Corp
NYSE:CIEN
129.9
69%
1.9
SE
Telefonaktiebolaget LM Ericsson
STO:ERIC B
9.4
-7%
N/A
US
Ubiquiti Inc
NYSE:UI
37.4
7%
5.3
US
Lumentum Holdings Inc
NASDAQ:LITE
Negative Multiple: -353.2 N/A N/A
CN
Suzhou TFC Optical Communication Co Ltd
SZSE:300394
100.6
51%
2