Nokia Corp
Nokia Corp (NOK) is listed on NYSE and classified in Communication Equipment, part of the Technology sector. It is headquartered in Espoo, Finland and has 78,005 employees. The company is worth $44.12B and trades at 56.3x its earnings of the last twelve months; the median for its sector is 28.0x. Revenue was €19.89B in fiscal 2025, up 3.5% from the year before. Net income was €651M. The share price is 54.8% below its 52-week high of $17.45. It pays a dividend yielding 2.03%. 6 of the 38 superinvestors we track held it at the end of Q2 2026. The largest position belongs to Ken Griffin (Citadel Advisors), at $269.61M. In that quarter, 3 of them opened or added to the position and 3 reduced it. No open-market insider trades in it were filed over the last 30 days.
Written from the data on this page: SEC filings (13F, Form 4, annual reports) and market prices.
Year by year, from the annual reports; dividends from the payments themselves.
Revenue, debt and profit are in EUR, the currency the company reports in — not converted to dollars. Dividends are in dollars.
Bars are year-end balances; lines are what happened during the year.
Major managers that reported this stock in their latest 13F.
▲ +63.2% over 5Y.
today you would have $1,791.39▲ +79.1%
Dividends reinvested, splits accounted for. Past prices say what happened, not what will.
The last 4 closed years, each at that year’s closing price and reported numbers.
| Indicator | Median | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
| Year-end price | $6.47 | $4.43 | $3.42 | $4.64 | |
| EPS | €0.12 | €0.23 | €0.12 | €0.75 | |
| Dividend yield | 2.54% | 1.92% | 3.16% | 3.54% | 1.31% |
| Profit margin | 4.96% | 3.27% | 6.64% | 3.15% | 17.89% |
| ROE | 4.71% | 3.10% | 6.18% |
Seven formulas applied to the reported numbers, each with its assumption next to the result. None of them predicts a price.
Square root of 22.5 × earnings × book value. Blind to intangibles, so it undervalues software and brands.
This formula has no meaning here — usually a loss, negative cash flow, or a missing input.
Median P/E of 28.0 among peers in the sector.
This formula has no meaning here — usually a loss, negative cash flow, or a missing input.
This formula has no meaning here — usually a loss, negative cash flow, or a missing input.
This formula has no meaning here — usually a loss, negative cash flow, or a missing input.
Companies of similar size in Technology, for comparison. The columns are the same ones above, in the same order.
| Stock | Price | P/E | P/B | Dividend yield | ROE | Market cap |
|---|---|---|---|---|---|---|
| ALABAstera Labs, Inc. | $257.82 | 127.0x | 25.9x | 0.00% | 25.83% | $44.73B |
| ROPRoper Technologies Inc | $436.23 | 16.5x | 2.3x | 0.83% | 13.07% | $43.14B |
| CIENCiena Corp | $322.64 | 72.2x | 15.0x | 0.00% | 22.40% | $45.75B |
| PAYXPaychex Inc | $118.81 |
| 3.24% |
| 19.92% |
This company reports in EUR, and the stock trades in dollars. P/E, P/S, P/B and payout would divide dollars by EUR, so they are not shown; EPS is in EUR. Margin, ROE and dividend yield do not depend on the currency.
Median of the years shown; P/E years above 200x are left out.
Dividend growing 3.9% a year against a 7.7% required return, from the stock’s beta.
The average of the method families that answered, not of the seven numbers: four of the seven start from the same earnings per share.
3 methods answered, across 2 families.
Room for errors in the reported numbers.
-54.5% from the average.
Models, not forecasts, and not investment advice. How each formula works →
| 22.3x |
| 11.4x |
| 4.01% |
| 47.05% |
| $42.29B |
| UMCUnited Microelectronics Corp | $18.53 | 17.2x | 3.4x | 2.16% | 21.33% | $46.47B |
| NTAPNetApp, Inc. | $212.51 | 30.6x | 27.9x | 0.98% | 114.82% | $41.74B |