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Nokia Oyj ADR NOK Stock Quote

Morningstar Rating
| Rating as of

NYSE: NOK

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Market Closed

| Currency in USD

  • Last Close 3.89
  • Sector Technology
  • Industry Communication Equipment
  • Investment Style Large Value
  • Day Range 3.88  –  3.92
  • Year Range 3.75  –  5.11
  • Market Cap 21.5668 Bil
  • Volume / Avg 10.7 Mil /  16.4 Mil
  • Price / Sales 0.82
  • Price / Book 0.94
  • Forward Div Yield 2.79%
  • Trailing Div Yield 2.77%

Morningstar‘s Stock Analysis NOK

Valuation
Currency in —
Is it the right time to buy or sell?
Find out with Morningstar Investor
Is it the right time to buy or sell?
Find out with Morningstar Investor

1-Star Price

INVESTOR

5-Star Price

INVESTOR

Economic Moat

INVESTOR

Capital Allocation

INVESTOR

Nokia’s Business Will Remain Choppy Due to Uneven Carrier Spending, but Should Trend Up

Matthew Dolgin Equity Analyst

Business Strategy and Outlook

| Matthew Dolgin |

Nokia’s biggest business supplies radio access network equipment and services to telecom carriers to build public wireless networks. The business is historically cyclical, but the world is currently in the early stages of the 5G upgrade cycle. Nokia has lost some market share to Ericsson in recent years, but it is still seeing its business rise due to 5G. It also benefits from the explicit or implicit exclusion of Huawei and ZTE equipment in many Western markets, as governments consider banning the Chinese vendors. In addition, carriers typically source from multiple vendors, so Ericsson’s rise is not a zero-sum game in any event.

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Key Statistics NOK

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Company Profile NOK

Business Description

Nokia provides telecom equipment and services that are used to build wireless and fixed-line networks, operating in four segments. The firm’s mobile networks segment, which sells equipment and services to telecom carriers to power public wireless networks, is its largest, followed closely by network infrastructure. Network infrastructure focuses on fixed networks, including infrastructure, solutions, and components for IP networks, optical networks, and submarine networks. Cloud and network services is a nascent segment catering to enterprises with “as-a-service” platforms. Nokia also has a sizable research division and patent business where the firm licenses technology used by handset providers, consumer electronics firms, and other firms making electronic and Internet of Things products.

Contact
Karakaari 7
Espoo, FI-02610, FIN
Sector Technology
Industry Communication Equipment
Employees 86,900

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Related News NOK

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Competitors & Peers NOK

More on NOK’s Competitors & Peers

Morningstar analysts hand-select direct competitors or comparable companies to provide context on the strength and durability of NOK’s competitive advantage.

Nokia Oyj ADR

XNYS: NOK

Cisco Systems Inc

XNAS: CSCO

Juniper Networks Inc

XNYS: JNPR

Telefonaktiebolaget L M Ericsson Class B

XSTO: ERIC B
Price
3.8953.5727.9356.96
Currency
USDUSDUSDSEK
Change
+$0.02 (0.52%) +$0.23 (0.43%) +$0.20 (0.72%) −$0.30 (0.52%)
Market Cap
21.57 Bil217.22 Bil8.98 Bil189.68 Bil
Industry
Communication Equipment Communication Equipment Communication Equipment Communication Equipment
Sector
Technology
Technology
Technology
Technology

* Trading data in this section is delayed by at least 15 minutes.

FAQs for Nokia Oyj ADR Stock

Yes. NOK has a forward dividend yield of 2.77%. See NOK’s full dividends and stock split history on the Dividend tab.
Dividend yield allows investors, particularly those interested in dividend-paying stocks, to compare the relationship between a stock’s price and how it rewards stockholders through dividends. The formula for calculating dividend yield is to divide the annual dividend paid per share by the stock price.

Learn more about dividend yield.

NOK’s market cap is 21.57 Bil.
Market capitalization is calculated by taking a company’s share price and multiplying it by the total number of shares. It’s often used to measure a company’s size. In the Morningstar Style Box, large-cap names account for the largest 70% of U.S. stocks, mid-cap names account for the largest 70–90%, and small-cap names are the remaining 10% of companies.

Learn more about market capitalization.

NOK’s stock style is Large Value.
Style is an investment factor that has a meaningful impact on investment risk and returns. Style is calculated by combining value and growth scores, which are first individually calculated.

High-growth stocks tend to represent the technology, healthcare, and communications sectors. They rarely distribute dividends to shareholders, opting for reinvestment in their businesses. More value-oriented stocks tend to represent financial services, utilities, and energy stocks. These are established companies that reliably pay dividends.

Learn more about style.

NOK’s price/sales is 0.82.
Price/sales represents the amount an investor is willing to pay for a dollar generated from a particular company’s sales or revenues.

NOK’s price/forward earnings is 5.09.
Forward P/E gives some indication of how cheap or expensive a stock is compared with consensus earnings estimates. The lower the Forward P/E, the cheaper the stock.

NOK’s price/book is 0.94.
Price/book ratio can tell investors approximately how much they’re paying for a company’s assets, based on historical, rather than current, valuations. Historical valuations generally do not reflect a company’s current market value. Value investors frequently look for companies that have low price/book ratios.

See NOK’s valuation ratios compared to the Market Index.

NOK’s beta can be found in Trading Information at the top of this page.
A stock’s beta measures how closely tied its price movements have been to the performance of the overall market.

Compare NOK’s historical performance against its industry peers and the overall market.