Nokia Oyj Ratios and Metrics

Market cap in millions BRL. Fiscal year is January - December.

Millions BRL. Fiscal year is Jan - Dec.

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Feb '26 Feb 26, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Market Capitalization	220,269	201,577	147,380	90,637	136,586	199,431
Market Cap Growth	44.57%	36.77%	62.60%	-33.64%	-31.51%	77.00%
Enterprise Value	208,634	191,818	121,467	85,032	115,467	177,589
Last Close Price	38.08	35.91	27.11	15.67	22.95	-
PE Ratio	52.32	47.88	18.02	25.41	5.69	19.39
PS Ratio	1.71	1.57	1.20	0.80	1.02	1.42
PB Ratio	1.62	1.48	1.11	0.82	1.13	1.80
P/TBV Ratio	2.51	2.30	1.63	1.21	1.68	3.05
P/FCF Ratio	23.25	21.28	11.39	25.41	27.69	15.24
P/OCF Ratio	16.45	15.05	9.23	12.83	16.40	11.99
EV/Sales Ratio	1.73	1.49	0.99	0.75	0.86	1.26
EV/EBITDA Ratio	13.12	11.39	6.39	5.53	5.32	10.47
EV/EBIT Ratio	22.88	19.97	8.71	7.95	7.56	15.61
EV/FCF Ratio	22.02	20.25	9.39	23.84	23.41	13.57
Debt / Equity Ratio	0.21	0.21	0.23	0.25	0.26	0.32
Debt / EBITDA Ratio	1.69	1.69	1.49	1.69	1.46	1.96
Debt / FCF Ratio	3.01	3.01	2.36	7.84	6.44	2.74
Net Debt / Equity Ratio	-0.11	-0.11	-0.17	-0.13	-0.14	-0.21
Net Debt / EBITDA Ratio	-0.90	-0.90	-1.20	-0.91	-0.76	-1.35
Net Debt / FCF Ratio	-1.60	-1.60	-1.76	-3.92	-3.35	-1.75
Asset Turnover	0.52	0.52	0.49	0.51	0.57	0.58
Inventory Turnover	5.04	5.04	4.18	4.16	4.80	5.77
Quick Ratio	1.36	1.36	1.34	1.37	1.27	1.39
Current Ratio	1.58	1.58	1.58	1.66	1.59	1.62
Return on Equity (ROE)	3.05%	3.05%	8.27%	3.09%	21.61%	11.02%
Return on Assets (ROA)	2.42%	2.42%	3.44%	3.01%	4.07%	2.94%
Return on Invested Capital (ROIC)	5.63%	5.77%	10.12%	4.83%	16.72%	12.43%
Return on Capital Employed (ROCE)	5.40%	5.40%	7.80%	6.90%	9.00%	6.40%
Earnings Yield	1.91%	2.09%	5.55%	3.94%	17.58%	5.16%
FCF Yield	4.30%	4.70%	8.78%	3.94%	3.61%	6.56%
Dividend Yield	1.56%	2.52%	3.31%	4.45%	2.95%	-
Payout Ratio	115.67%	115.67%	55.91%	91.88%	7.91%	0.56%
Buyback Yield / Dilution	0.89%	0.89%	-0.05%	2.07%	0.31%	-1.28%
Total Shareholder Return	2.45%	3.41%	3.26%	6.52%	3.26%	-1.28%

Source: S&P Global Market Intelligence. Standard template. Financial Sources.