Nokia Oyj (FRA:NOA3)

Nokia Oyj Ratios and Metrics

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

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jan 29, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Market Capitalization	30,376	31,170	23,017	16,899	24,175	31,473
Market Cap Growth	25.78%	35.42%	36.20%	-30.10%	-23.19%	77.45%
Enterprise Value	28,457	29,661	18,970	15,854	20,437	28,026
Last Close Price	5.42	5.59	4.16	2.88	3.94	4.98
PE Ratio	46.66	47.88	18.02	25.41	5.69	19.39
PS Ratio	1.53	1.57	1.20	0.80	1.02	1.42
PB Ratio	1.44	1.48	1.11	0.82	1.13	1.80
P/TBV Ratio	2.24	2.30	1.63	1.21	1.68	3.05
P/FCF Ratio	20.73	21.28	11.39	25.41	27.69	15.24
P/OCF Ratio	14.67	15.05	9.23	12.83	16.40	11.99
EV/Sales Ratio	1.43	1.49	0.99	0.75	0.86	1.26
EV/EBITDA Ratio	10.85	11.39	6.39	5.53	5.32	10.47
EV/EBIT Ratio	18.92	19.97	8.71	7.95	7.56	15.61
EV/FCF Ratio	19.42	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
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	2.14%	2.09%	5.55%	3.94%	17.58%	5.16%
FCF Yield	4.82%	4.70%	8.78%	3.94%	3.61%	6.56%
Dividend Yield	2.58%	2.50%	3.36%	4.52%	3.04%	1.61%
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	3.47%	3.40%	3.31%	6.59%	3.35%	0.33%

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