Nokia Oyj (HEL:NOKIA)
6.846
-0.556 (-7.51%)
Nov 5, 2026, 6:30 PM EET
Nokia Oyj Ratios and Metrics
Market cap in millions EUR. Fiscal year is January - December.
Millions EUR. Fiscal year is Jan - Dec.
Total Valuation
Fiscal Quarter | Current | Q3 2026 | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 | Q4 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Period Ending | Nov '26 Nov 5, 2026 | Sep '26 Sep 30, 2026 | Jun '26 Jun 30, 2026 | Mar '26 Mar 31, 2026 | Dec '25 Dec 31, 2025 | Sep '25 Sep 30, 2025 | Jun '25 Jun 30, 2025 | Mar '25 Mar 31, 2025 | Dec '24 Dec 31, 2024 | Sep '24 Sep 30, 2024 | Jun '24 Jun 30, 2024 | Mar '24 Mar 31, 2024 | Dec '23 Dec 31, 2023 | Sep '23 Sep 30, 2023 | Jun '23 Jun 30, 2023 | Mar '23 Mar 31, 2023 | Dec '22 Dec 31, 2022 | Sep '22 Sep 30, 2022 | Jun '22 Jun 30, 2022 | Mar '22 Mar 31, 2022 | Dec '21 Dec 31, 2021 |
| 38,741 | 50,500 | 64,825 | 38,086 | 31,170 | 22,128 | 23,751 | 26,099 | 23,017 | 21,441 | 19,605 | 18,213 | 16,899 | 19,772 | 21,324 | 25,196 | 24,175 | 24,757 | 24,927 | 28,087 | 31,473 | |
Market Cap Growth (YoY) | 19.95% | 128.21% | 172.94% | 45.93% | 35.42% | 3.21% | 21.14% | 43.29% | 36.20% | 8.44% | -8.06% | -27.71% | -30.10% | -20.14% | -14.45% | -10.29% | -23.19% | -7.86% | -1.94% | 46.26% | 77.45% |
Enterprise Value | 37,206 | 48,826 | 62,412 | 36,148 | 29,661 | 20,768 | 22,188 | 22,637 | 18,970 | 17,426 | 16,058 | 15,697 | 15,854 | 18,105 | 19,050 | 22,360 | 20,437 | 21,112 | 21,219 | 24,561 | 28,026 |
Last Close Price | 7.40 | 8.98 | 11.45 | 6.71 | 5.47 | 3.98 | 4.25 | 4.63 | 4.06 | 3.70 | 3.33 | 3.04 | 2.80 | 3.24 | 3.45 | 4.03 | 3.84 | 3.91 | 3.91 | 4.37 | 4.89 |
Price Ratios
Fiscal Quarter | Current | Q3 2026 | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 | Q4 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Period Ending | Nov '26 Nov 5, 2026 | Sep '26 Sep 30, 2026 | Jun '26 Jun 30, 2026 | Mar '26 Mar 31, 2026 | Dec '25 Dec 31, 2025 | Sep '25 Sep 30, 2025 | Jun '25 Jun 30, 2025 | Mar '25 Mar 31, 2025 | Dec '24 Dec 31, 2024 | Sep '24 Sep 30, 2024 | Jun '24 Jun 30, 2024 | Mar '24 Mar 31, 2024 | Dec '23 Dec 31, 2023 | Sep '23 Sep 30, 2023 | Jun '23 Jun 30, 2023 | Mar '23 Mar 31, 2023 | Dec '22 Dec 31, 2022 | Sep '22 Sep 30, 2022 | Jun '22 Jun 30, 2022 | Mar '22 Mar 31, 2022 | Dec '21 Dec 31, 2021 |
PE Ratio | 49.98 | 64.58 | 91.56 | 47.85 | 47.88 | 23.82 | 23.29 | - | 18.02 | 51.79 | - | 22.21 | - | 5.12 | 5.14 | 5.84 | 5.69 | 13.97 | 14.78 | 17.85 | 19.39 |
Forward PE | 17.87 | 24.14 | 33.83 | 21.84 | 18.00 | 13.65 | 13.70 | 15.56 | 13.00 | 13.22 | 11.80 | 9.52 | 8.82 | 8.97 | 9.26 | 10.31 | 9.89 | 9.72 | 10.84 | 12.88 | 17.54 |
PS Ratio | 1.87 | 2.46 | 3.23 | 1.93 | 1.59 | 1.14 | 1.25 | 1.37 | 1.20 | 1.15 | 1.03 | 0.91 | 0.80 | 0.85 | 0.86 | 1.00 | 0.97 | 1.04 | 1.08 | 1.25 | 1.42 |
PB Ratio | 1.83 | 2.37 | 3.05 | 1.79 | 1.48 | 1.13 | 1.20 | 1.25 | 1.11 | 1.05 | 0.93 | 0.86 | 0.82 | 0.93 | 1.00 | 1.18 | 1.13 | 1.25 | 1.31 | 1.55 | 1.80 |
P/TBV Ratio | 2.82 | 3.66 | 4.72 | 2.78 | 2.30 | 1.83 | 1.96 | 2.07 | 1.63 | 1.53 | 1.37 | 1.26 | 1.21 | 1.36 | 1.48 | 1.74 | 1.68 | 2.03 | 2.14 | 2.57 | 3.05 |
P/FCF Ratio | 7791.22 | - | - | 27.76 | 21.28 | 17.18 | 16.05 | 14.61 | 11.39 | 5.81 | 7.47 | 10.30 | 25.41 | - | - | - | 27.69 | 29.90 | - | 21.77 | 15.24 |
P/OCF Ratio | 61.93 | 79.91 | - | 19.40 | 15.05 | 11.62 | 11.67 | 11.27 | 9.24 | 5.16 | 6.28 | 7.92 | 12.83 | - | - | 25.25 | 16.40 | 17.77 | - | 14.94 | 11.99 |
PEG Ratio | 0.74 | 1.03 | 1.78 | 1.70 | 5.76 | 5.76 | 5.76 | 5.76 | 3.11 | 1.31 | 1.68 | 1.12 | 2.58 | 2.24 | 1.54 | 2.75 | 0.97 | 1.39 | 3.80 | 2.46 | 1.77 |
EV Ratios
Fiscal Quarter | Current | Q3 2026 | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 | Q4 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Period Ending | Nov '26 Nov 5, 2026 | Sep '26 Sep 30, 2026 | Jun '26 Jun 30, 2026 | Mar '26 Mar 31, 2026 | Dec '25 Dec 31, 2025 | Sep '25 Sep 30, 2025 | Jun '25 Jun 30, 2025 | Mar '25 Mar 31, 2025 | Dec '24 Dec 31, 2024 | Sep '24 Sep 30, 2024 | Jun '24 Jun 30, 2024 | Mar '24 Mar 31, 2024 | Dec '23 Dec 31, 2023 | Sep '23 Sep 30, 2023 | Jun '23 Jun 30, 2023 | Mar '23 Mar 31, 2023 | Dec '22 Dec 31, 2022 | Sep '22 Sep 30, 2022 | Jun '22 Jun 30, 2022 | Mar '22 Mar 31, 2022 | Dec '21 Dec 31, 2021 |
EV/Sales Ratio | 1.79 | 2.38 | 3.11 | 1.84 | 1.52 | 1.07 | 1.17 | 1.19 | 0.99 | 0.93 | 0.84 | 0.79 | 0.75 | 0.78 | 0.77 | 0.89 | 0.82 | 0.88 | 0.92 | 1.09 | 1.26 |
EV/EBITDA Ratio | 12.53 | 18.10 | 24.49 | 14.55 | 12.45 | 8.06 | 8.44 | 8.37 | 6.09 | 6.04 | 5.70 | 5.20 | 5.49 | 5.65 | 5.53 | 6.32 | 5.62 | 7.11 | 7.23 | 8.76 | 10.10 |
EV/EBIT Ratio | 18.02 | 24.38 | 35.20 | 22.10 | 20.06 | 12.08 | 12.21 | 11.85 | 8.16 | 8.51 | 8.21 | 7.29 | 7.86 | 7.77 | 7.47 | 8.50 | 7.50 | 10.24 | 10.39 | 12.80 | 14.81 |
EV/FCF Ratio | 7484.22 | - | - | 26.35 | 20.25 | 16.12 | 14.99 | 12.68 | 9.39 | 4.72 | 6.12 | 8.87 | 23.84 | - | - | - | 23.41 | 25.50 | - | 19.04 | 13.57 |
Financial Efficiency
Fiscal Quarter | Current | Q3 2026 | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 | Q4 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Period Ending | Nov '26 Nov 5, 2026 | Sep '26 Sep 30, 2026 | Jun '26 Jun 30, 2026 | Mar '26 Mar 31, 2026 | Dec '25 Dec 31, 2025 | Sep '25 Sep 30, 2025 | Jun '25 Jun 30, 2025 | Mar '25 Mar 31, 2025 | Dec '24 Dec 31, 2024 | Sep '24 Sep 30, 2024 | Jun '24 Jun 30, 2024 | Mar '24 Mar 31, 2024 | Dec '23 Dec 31, 2023 | Sep '23 Sep 30, 2023 | Jun '23 Jun 30, 2023 | Mar '23 Mar 31, 2023 | Dec '22 Dec 31, 2022 | Sep '22 Sep 30, 2022 | Jun '22 Jun 30, 2022 | Mar '22 Mar 31, 2022 | Dec '21 Dec 31, 2021 |
Debt / Equity Ratio | 0.16 | 0.16 | 0.16 | 0.16 | 0.21 | 0.21 | 0.21 | 0.24 | 0.23 | 0.23 | 0.22 | 0.22 | 0.25 | 0.24 | 0.25 | 0.25 | 0.26 | 0.29 | 0.30 | 0.31 | 0.32 |
Debt / EBITDA Ratio | 1.14 | 1.11 | 1.42 | 1.75 | 1.02 | 1.66 | 1.93 | 3.39 | 0.93 | 1.73 | 1.90 | 1.52 | 1.25 | 2.15 | 1.61 | 2.05 | 1.02 | 1.69 | 1.60 | 1.88 | 2.05 |
Debt / FCF Ratio | 674.80 | - | - | 2.42 | 3.01 | 3.16 | 2.77 | 2.84 | 2.36 | 1.25 | 1.76 | 2.69 | 7.84 | - | - | - | 6.44 | 6.88 | - | 4.41 | 2.74 |
Net Debt / Equity Ratio | -0.08 | -0.08 | -0.08 | -0.12 | -0.10 | -0.08 | -0.07 | -0.08 | -0.17 | -0.20 | -0.19 | -0.17 | -0.13 | -0.05 | -0.08 | -0.11 | -0.14 | -0.19 | -0.20 | -0.21 | -0.21 |
Net Debt / EBITDA Ratio | -0.59 | -0.60 | -0.69 | -1.01 | -0.85 | -0.62 | -0.55 | -0.61 | -1.14 | -1.44 | -1.46 | -1.21 | -0.90 | -0.35 | -0.51 | -0.67 | -0.80 | -1.30 | -1.28 | -1.36 | -1.30 |
Net Debt / FCF Ratio | -326.40 | -233.14 | -3.31 | -1.83 | -1.38 | -1.24 | -0.98 | -0.92 | -1.76 | -1.12 | -1.57 | -2.06 | -3.92 | 1.65 | -46.39 | -6.71 | -3.35 | -4.65 | -3.26 | -2.96 | -1.75 |
Asset Turnover | 0.57 | 0.57 | 0.56 | 0.52 | 0.52 | 0.53 | 0.51 | 0.48 | 0.49 | 0.48 | 0.48 | 0.49 | 0.51 | 0.56 | 0.61 | 0.61 | 0.57 | 0.58 | 0.59 | 0.58 | 0.58 |
Inventory Turnover | 4.33 | 4.07 | 4.06 | 4.18 | 5.87 | 4.28 | 3.85 | 4.15 | 5.38 | 3.73 | 3.82 | 3.25 | 3.98 | 3.38 | 3.93 | 4.15 | 5.05 | 4.69 | 5.03 | 5.05 | 6.45 |
Quick Ratio | 1.18 | 1.18 | 1.22 | 1.29 | 1.31 | 1.19 | 1.15 | 1.10 | 1.32 | 1.31 | 1.34 | 1.36 | 1.37 | 1.30 | 1.27 | 1.24 | 1.27 | 1.28 | 1.36 | 1.36 | 1.39 |
Current Ratio | 1.46 | 1.46 | 1.51 | 1.57 | 1.58 | 1.48 | 1.46 | 1.36 | 1.58 | 1.68 | 1.68 | 1.65 | 1.66 | 1.64 | 1.60 | 1.55 | 1.59 | 1.53 | 1.60 | 1.58 | 1.62 |
Return on Equity (ROE) | 3.88% | 3.88% | 3.45% | 3.72% | 3.05% | 4.46% | 4.65% | 5.80% | 8.27% | 4.37% | 4.26% | 3.84% | 3.09% | 18.71% | 20.52% | 21.88% | 21.61% | 9.63% | 10.04% | 9.78% | 11.02% |
Return on Assets (ROA) | 3.49% | 3.49% | 3.12% | 2.77% | 2.50% | 2.91% | 2.99% | 2.99% | 3.64% | 3.23% | 3.04% | 3.26% | 3.04% | 3.46% | 3.91% | 3.99% | 4.07% | 3.15% | 3.29% | 3.23% | 2.94% |
Return on Invested Capital (ROIC) | 7.80% | 7.27% | 5.86% | 6.02% | 6.15% | 7.08% | 7.81% | 8.04% | 10.67% | 5.38% | 5.21% | 5.79% | 4.54% | 10.98% | 12.59% | 14.06% | 14.79% | 11.96% | 12.63% | 12.48% | 12.69% |
Return on Capital Employed (ROCE) | 7.50% | 7.30% | 6.50% | 5.90% | 5.40% | 6.50% | 6.90% | 7.00% | 8.40% | 7.50% | 7.00% | 7.50% | 7.00% | 7.90% | 8.70% | 8.90% | 9.00% | 7.10% | 7.10% | 6.80% | 6.80% |
Yields
Fiscal Quarter | Current | Q3 2026 | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 | Q4 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Period Ending | Nov '26 Nov 5, 2026 | Sep '26 Sep 30, 2026 | Jun '26 Jun 30, 2026 | Mar '26 Mar 31, 2026 | Dec '25 Dec 31, 2025 | Sep '25 Sep 30, 2025 | Jun '25 Jun 30, 2025 | Mar '25 Mar 31, 2025 | Dec '24 Dec 31, 2024 | Sep '24 Sep 30, 2024 | Jun '24 Jun 30, 2024 | Mar '24 Mar 31, 2024 | Dec '23 Dec 31, 2023 | Sep '23 Sep 30, 2023 | Jun '23 Jun 30, 2023 | Mar '23 Mar 31, 2023 | Dec '22 Dec 31, 2022 | Sep '22 Sep 30, 2022 | Jun '22 Jun 30, 2022 | Mar '22 Mar 31, 2022 | Dec '21 Dec 31, 2021 |
Earnings Yield | 2.00% | 1.55% | 1.09% | 2.09% | 2.09% | 4.20% | 4.29% | 3.00% | 5.55% | 1.93% | 1.96% | 4.50% | 3.94% | 19.53% | 19.46% | 17.13% | 17.58% | 7.16% | 6.77% | 5.60% | 5.16% |
FCF Yield | 0.01% | 0.01% | 0.83% | 3.60% | 4.70% | 5.82% | 6.23% | 6.84% | 8.78% | 17.21% | 13.38% | 9.71% | 3.94% | -3.46% | 0.18% | 1.41% | 3.61% | 3.35% | 4.63% | 4.59% | 6.56% |
Dividend Yield | 2.04% | - | - | - | 2.51% | - | - | - | 3.27% | - | - | - | 4.25% | - | - | - | 2.77% | - | - | - | 1.43% |
Payout Ratio | 99.62% | 148.68% | 11200.00% | 195.35% | 29.89% | 276.92% | 238.89% | - | 19.76% | 98.22% | - | 38.25% | - | 123.02% | 57.59% | 40.14% | 3.52% | 26.70% | 24.51% | - | 0.74% |
Buyback Yield / Dilution | -3.75% | -4.68% | -5.65% | -6.57% | -2.50% | 0.79% | 1.27% | 3.31% | 0.81% | 1.16% | 0.96% | 1.19% | 2.25% | 1.24% | 1.08% | 1.32% | 1.08% | 0.42% | -0.21% | -1.00% | -1.70% |
Total Shareholder Return | -1.72% | -4.68% | -5.65% | -6.57% | 0.01% | 0.79% | 1.27% | 3.31% | 4.07% | 1.16% | 0.96% | 1.19% | 6.50% | 1.24% | 1.08% | 1.32% | 3.86% | 0.42% | -0.21% | -1.00% | -0.27% |