Nokia Oyj
PAR:NOKIA

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Nokia Oyj
PAR:NOKIA
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Price: 5.288 EUR 0.38% Market Closed
Market Cap: 29B EUR
Section:
 

Relative Value

The Relative Value of one NOKIA stock under the Base Case scenario is 10.152 EUR. Compared to the current market price of 5.288 EUR, Nokia Oyj is Undervalued by 48%.

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
10.152 EUR
Undervaluation 48%
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
0
Median 5Y
0
Industry
2.2
Forward
1.4
More Details
31.7
P/E
P/E
Price to Earnings
31.7
vs History
1
vs Industry
30
Median 3Y
0
Median 5Y
0
Industry
27
Forward
19.3
More Details
15.4
P/OCF
P/OCF
Price to OCF
15.4
vs History
1
vs Industry
35
Median 3Y
0
Median 5Y
0
Industry
16.2
More Details
105.5
P/FCFE
P/FCFE
Price to FCFE
105.5
vs History
1
vs Industry
21
Median 3Y
0
Median 5Y
0
Industry
21.1
More Details
1.5
P/B
P/B
Price to Book Value
1.5
vs History
1
vs Industry
57
Median 3Y
0
Median 5Y
0
Industry
2.5
More Details
1.6
EV/S
EV/S
Enterprise Value to Sales
1.6
vs History
1
vs Industry
53
Median 3Y
0
Median 5Y
0
Industry
2.4
Forward
1.6
More Details
3.8
EV/GP
EV/GP
Enterprise Value to Gross Profit
3.8
vs History
1
vs Industry
63
Median 3Y
0
Median 5Y
0
Industry
7.6
More Details
14.4
EV/EBITDA
EV/EBITDA
Enterprise Value to EBITDA
14.4
vs History
1
vs Industry
43
Median 3Y
0
Median 5Y
0
Industry
17.5
Forward
12.2
More Details
27.4
EV/EBIT
EV/EBIT
Enterprise Value to EBIT
27.4
vs History
1
vs Industry
36
Median 3Y
0
Median 5Y
0
Industry
23.1
Forward
17.4
More Details
17.2
EV/OCF
EV/OCF
Enterprise Value to OCF
17.2
vs History
1
vs Industry
38
Median 3Y
0
Median 5Y
0
Industry
15.6
More Details
25.3
EV/FCFF
EV/FCFF
Enterprise Value to FCFF
25.3
vs History
1
vs Industry
30
Median 3Y
0
Median 5Y
0
Industry
17
More Details
1
EV/IC
EV/IC
Enterprise Value to IC
1
vs History
1
vs Industry
64
Median 3Y
0
Median 5Y
0
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
PAR:NOKIA
29.4B EUR 1.5 31.7 14.4 27.4
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
306.4B USD 5.3 29.7 20 24
US
Arista Networks Inc
NYSE:ANET
158.8B USD 18.8 47.3 40.3 41.1
CN
Zhongji Innolight Co Ltd
SZSE:300308
634.7B CNY 20.1 74.2 62.9 62.9
US
Motorola Solutions Inc
NYSE:MSI
62.1B USD 5.5 29.4 22.1 25
US
Ubiquiti Inc
NYSE:UI
33.8B USD 12.3 42.7 35.4 36.2
SE
Telefonaktiebolaget LM Ericsson
STO:ERIC B
300.5B SEK 1.3 12.2 7 9.1
US
Ciena Corp
NYSE:CIEN
28.8B USD 6 233.1 64.2 93.2
CN
ZTE Corp
SZSE:000063
174.7B CNY 1.3 29.9 32.9 32.9
CN
Suzhou TFC Optical Communication Co Ltd
SZSE:300394
170.1B CNY 35.6 92.8 83.2 83.2
EV/EBIT Multiple
EBIT Growth EV/EBIT to Growth
FI
Nokia Oyj
PAR:NOKIA
Average EV/EBIT: 43.5
27.4
N/A N/A
JP
N
Nakayo Inc
TSE:6715
Negative Multiple: -1 113 898.2 N/A N/A
US
Cisco Systems Inc
NASDAQ:CSCO
24
23%
1
US
Arista Networks Inc
NYSE:ANET
41.1
28%
1.5
CN
Zhongji Innolight Co Ltd
SZSE:300308
62.9
87%
0.7
US
Motorola Solutions Inc
NYSE:MSI
25
15%
1.7
US
Ubiquiti Inc
NYSE:UI
36.2
7%
5.2
SE
Telefonaktiebolaget LM Ericsson
STO:ERIC B
9.1
10%
0.9
US
Ciena Corp
NYSE:CIEN
93.2
48%
1.9
CN
ZTE Corp
SZSE:000063
32.9
1%
32.9
CN
Suzhou TFC Optical Communication Co Ltd
SZSE:300394
83.2
50%
1.7

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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