Nokia Oyj (NOKBF)

Nokia Oyj Ratios and Metrics

Market cap in millions USD. 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	37,839	36,597	23,829	18,679	25,836	35,794
Market Cap Growth	58.71%	53.58%	27.57%	-27.70%	-27.82%	64.98%
Enterprise Value	36,038	34,825	19,639	17,524	21,841	31,873
Last Close Price	6.63	6.46	3.82	2.82	3.79	5.21
PE Ratio	49.50	47.88	18.02	25.41	5.69	19.39
PS Ratio	1.62	1.57	1.20	0.80	1.02	1.42
PB Ratio	1.53	1.48	1.11	0.82	1.13	1.80
P/TBV Ratio	2.37	2.30	1.63	1.21	1.68	3.05
P/FCF Ratio	22.00	21.28	11.39	25.41	27.69	15.24
P/OCF Ratio	15.56	15.05	9.23	12.83	16.40	11.99
EV/Sales Ratio	1.52	1.49	0.99	0.75	0.86	1.26
EV/EBITDA Ratio	14.93	11.39	6.39	5.53	5.32	10.47
EV/EBIT Ratio	33.41	19.97	8.71	7.95	7.56	15.61
EV/FCF Ratio	20.95	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	2.02%	2.09%	5.55%	3.94%	17.58%	5.16%
FCF Yield	4.55%	4.70%	8.78%	3.94%	3.61%	6.56%
Dividend Yield	9.50%	2.54%	3.79%	5.09%	3.38%	1.75%
Payout Ratio	433.83%	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	9.64%	3.43%	3.74%	7.16%	3.69%	0.46%

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.