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3.73 (1y: +31%)
Market Cap 13.82 B P/E(ttm)
Enterprise Value 7.62 B P/B 1.35
NOK- NYSE (USA)
Nokia Oyj
  • Currently 1/5
Business Predictability Rank: 1-Star
Back Testing Results:
Average gain of all 1-Star stocks: 1.1% per year.
% of Stocks that are in still loss if held for 10yrs: 45%.
Read more:
What is Predictability Rank?
Performances of real portfolio
Top Ranked Predictable Companies
$3.73
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GuruFocus Financial Strength Rank measures how strong a companyÂ’s financial situation is. It is based on these factors

1. The debt burden that the company has as measured by its Interest coverage (current year).
2. Debt to revenue ratio. The lower, the better
3. Altman Z-score.

A company ranks high with financial strength is likely to withstand any business slowdowns and recessions.

Financial Strength : 6/10

vs
industry		 vs
history
Cash to Debt 1.786
NOK's Cash to Debt is ranked lower than
68% of the 386 Companies
in the Global Communication Equipment industry.

( Industry Median: 10000.00 vs. NOK: 1.786 )
NOK' s 10-Year Cash to Debt Range
Min: 1.53   Max: 50.41
Current: 1.79
1.53
50.41
Equity to Asset 0.085
NOK's Equity to Asset is ranked lower than
91% of the 386 Companies
in the Global Communication Equipment industry.

( Industry Median: 0.52 vs. NOK: 0.085 )
NOK' s 10-Year Equity to Asset Range
Min: 0.09   Max: 0.62
Current: 0.09
0.09
0.62
F-Score: 2
Z-Score: 1.47
M-Score: -3.18
GuruFocus Profitability Rank ranks how profitable a company is and how likely the companyÂ’s business will stay that way. It is based on these factors:

1. Operating Margin
2. Trend of the Operating Margin (5-year average). The company with an uptrend profit margin has a higher rank.
••3. Consistency of the profitability
4. Piotroski F-Score
5. Predictability Rank•

The maximum rank is 10. A rank of 7 or higher means a higher profitability and may stay that way. A rank of 3 or lower indicates that the company has had trouble to make a profit.

Profitability Rank is not directly related to the Financial Strength Rank. But if a company is consistently profitable, its financial strength will be stronger.

Profitability & Growth : 2/10

vs
industry		 vs
history
Operating margin (%) -7.60
NOK's Operating margin (%) is ranked higher than
70% of the 386 Companies
in the Global Communication Equipment industry.

( Industry Median: 2.80 vs. NOK: -7.60 )
NOK' s 10-Year Operating margin (%) Range
Min: -7.6   Max: 19.8
Current: -7.6
-7.6
19.8
Net-margin (%) -10.3
NOK's Net-margin (%) is ranked higher than
60% of the 386 Companies
in the Global Communication Equipment industry.

( Industry Median: 2.10 vs. NOK: -10.3 )
NOK' s 10-Year Net-margin (%) Range
Min: -10.3   Max: 14.1
Current: -10.3
-10.3
14.1
ROE (%) -38.5
NOK's ROE (%) is ranked higher than
79% of the 386 Companies
in the Global Communication Equipment industry.

( Industry Median: 3.60 vs. NOK: -38.5 )
NOK' s 10-Year ROE (%) Range
Min: -38.5   Max: 48.8
Current: -38.5
-38.5
48.8
ROA (%) -10.4
NOK's ROA (%) is ranked higher than
62% of the 386 Companies
in the Global Communication Equipment industry.

( Industry Median: 2.00 vs. NOK: -10.4 )
NOK' s 10-Year ROA (%) Range
Min: -10.4   Max: 19.8
Current: -10.4
-10.4
19.8
Revenue Growth (%) -7.3
NOK's Revenue Growth (%) is ranked higher than
69% of the 386 Companies
in the Global Communication Equipment industry.

( Industry Median: 2.20 vs. NOK: -7.3 )
NOK' s 10-Year Revenue Growth (%) Range
Min: -7.3   Max: 19.6
Current: -7.3
-7.3
19.6
» NOK's 10-Y Financials

Financials


Revenue & Net Income
Cash & Debt
Oprt. Cash Flow & Free Cash Flow

» Details

Guru Trades
Q2 2012

NOK Guru Trades in Q2 2012

Paul Tudor Jones 800,000 sh (New)
Francis Chou 5,030,000 sh (+16666.7%)
John Rogers 153,373 sh (+663.28%)
Chris Davis 1,055,972 sh (+242.99%)
Brian Rogers 14,500,000 sh (+93.33%)
Jeff Auxier 15,300 sh (unchged)
Charles Brandes Sold Out
Dodge & Cox 84,081,543 sh (-0.07%)
Ken Fisher 18,435 sh (-1.63%)
Jim Simons 1,661,700 sh (-50.76%)
Steven Cohen 96,300 sh (-89.55%)
Manning & Napier Advisors, Inc 15,677 sh (-92.94%)
» More
Q3 2012

NOK Guru Trades in Q3 2012

John Rogers 165,610 sh (+7.98%)
Steven Cohen 101,557 sh (+5.46%)
Brian Rogers 14,500,000 sh (unchged)
Francis Chou 5,030,000 sh (unchged)
Jim Simons Sold Out
Paul Tudor Jones Sold Out
Manning & Napier Advisors, Inc Sold Out
Dodge & Cox 83,211,743 sh (-1.03%)
Chris Davis 1,001,248 sh (-5.18%)
Jeff Auxier 13,400 sh (-12.42%)
Ken Fisher 14,480 sh (-21.45%)
» More
Q4 2012

NOK Guru Trades in Q4 2012

Richard Snow 100,000 sh (New)
Charles Brandes 23,900 sh (New)
Steven Cohen 1,680,111 sh (+1554.35%)
Dodge & Cox 97,978,393 sh (+17.75%)
Ken Fisher 14,659 sh (+1.24%)
Brian Rogers 14,500,000 sh (unchged)
Jeff Auxier 13,400 sh (unchged)
Francis Chou 5,000,000 sh (-0.6%)
Chris Davis 897,134 sh (-10.4%)
John Rogers 98,984 sh (-40.23%)
» More
Q1 2013

NOK Guru Trades in Q1 2013

Louis Moore Bacon 100,000 sh (New)
Jim Simons 11,043,918 sh (New)
Dodge & Cox 123,511,531 sh (+26.06%)
Francis Chou 5,000,000 sh (unchged)
Brian Rogers 14,500,000 sh (unchged)
Jeff Auxier 13,400 sh (unchged)
Charles Brandes 23,900 sh (unchged)
Chris Davis Sold Out
Richard Snow Sold Out
Steven Cohen Sold Out
John Rogers 87,807 sh (-11.29%)
Ken Fisher 12,179 sh (-16.92%)
» More
» Details

Insider Trades

Latest Guru Trades with NOK

GuruDate Trades Impact to Portfolio Price Range * (?) Current Price Change from Average Current Shares
Dodge & Cox 2013-03-31 Add 26.06%0.1%$3.26 - $4.7 $ 3.73-4%123511531
Richard Snow 2013-03-31 Sold Out 0.02%$3.26 - $4.7 $ 3.73-4%0
Chris Davis 2013-03-31 Sold Out 0.01%$3.26 - $4.7 $ 3.73-4%0
Richard Snow 2012-12-31 New Buy0.02%$2.55 - $4.21 $ 3.7318%100000
Charles Brandes 2012-12-31 New Buy$2.55 - $4.21 $ 3.7318%23900
John Rogers 2012-12-31 Reduce -40.23%$2.55 - $4.21 $ 3.7318%98984
Ken Fisher 2012-09-30 Reduce -21.45%$1.7 - $3.2 $ 3.7355%14480
Brian Rogers 2012-06-30 Add 93.33%0.07%$2.14 - $5.47 $ 3.7313%14500000
Charles Brandes 2012-06-30 Sold Out 0.02%$2.14 - $5.47 $ 3.7313%0
John Rogers 2012-06-30 Add 663.28%0.01%$2.14 - $5.47 $ 3.7313%153373
Chris Davis 2012-06-30 Add 242.99%$2.14 - $5.47 $ 3.7313%1055972
Premium More recent guru trades are included for Premium Members only!!

Top Ranked Articles about Nokia Oyj

Latest Picks from Francis Chou: USG, NOK; Sells GPS
August 16, 2012
Francis Chou - Latest Picks From Francis Chou: USG, NOK; Sells GPS
Francis Chou, like his friend Prem Watsa, loves to buy cheap stocks, especially if everyone else hates them. Market is giving him a lot of opportunities of doing so, as we can see from his latest portfolio. We have written extensively about Francis Chou. You can read it here: Francis Chou – The Investment Guru That You Never Heard Of. “Francis Chou's experience is an amazing success story of value investing. He came to Canada in 1976 at age 20 with $200 in his pocket. Without a college degree, he could only work on blue collar jobs. Finally he landed a job at Bell Canada as a telephone repairman. Somehow he was introduced to the books of Benjamin Graham. As written by Warren Buffett in his famous article, Read more...
The Top Dividend Payers of Brian Rogers’ Income Fund
July 19, 2012
Brian Rogers - The Top Dividend Payers Of Brian Rogers’ Income Fund
Brian Rogers helps oversee about half a trillion dollars and is portfolio manager of T. Rowe Price’s Equity Income Fund, whose objective is to “provide substantial dividend income as well as long-term capital appreciation through investments in common stocks of established companies.” As such, Rogers has selected a number of high-yielding companies for the fund’s portfolio. Through his guidance and strategy, the fund has returned 6.7% over the last 10 years and 9.42% year to date, compared to 0.06% and -1.02% for the S&P. Read more...
A Simple Way to Spot Value Traps: Nokia, RadioShack and RIMM
July 18, 2012
- A Simple Way To Spot Value Traps: Nokia, RadioShack And RIMM
Dr. Paul Price wrote an article called Wake-Up Calls Often Come Too Late. He discussed the collapses of the stock prices with Green Mountain Coffee (GMCR), Netflix (NFLX) and Soda Steam (SODA). As pointed correctly out by Adib Motiwala, value investors are rarely hurt by companies like Green Mountain Coffee, Netflix and Soda Steam. The reason is simple. These stocks are usually traded at extremely high valuation and value investors would normally avoid the situations like these. Value investors are much more likely hurt by the stocks like Nokia (NOK), RadioShack (RSH) and Research-in-Motion (RIMM) as these stocks have been traded for very low valuations. Value investors thought that they were buying into value, while they were actually buying into value traps. The valuation just gets lower, and lower. Read more...
Expect Something Big from Nokia after the Microsoft-Nokia alliance
May 30, 2012
News on the Nokia and Microsoft alliance that came to light early last year has since gone viral. In the wake of the news, a lot was said. Some speculations leaned towards the negative while some spelled a bullish wave. In person, I am inclined to stick with the latter. The Microsoft-Nokia alliance extends unimaginable opportunity for Nokia (NOK). Read more...
Back to Basics: Income Statement Items
May 30, 2012
Warren Buffett - Back To Basics: Income Statement Items
This is the fifth piece in our Back to Basic Series, in which we will try to explain the income statement items from a value investing perspective. The previous four pieces are: Read more...

Ratios

vs
industry		 vs
history
P/B 1.30
NOK's P/B is ranked higher than
57% of the 386 Companies
in the Global Communication Equipment industry.

( Industry Median: 1.50 vs. NOK: 1.30 )
NOK' s 10-Year P/B Range
Min: 0.59   Max: 39.56
Current: 1.3
0.59
39.56
P/S 0.37
NOK's P/S is ranked higher than
79% of the 386 Companies
in the Global Communication Equipment industry.

( Industry Median: 0.90 vs. NOK: 0.37 )
NOK' s 10-Year P/S Range
Min: 0.16   Max: 13.3
Current: 0.37
0.16
13.3
PFCF 24.10
NOK's PFCF is ranked lower than
53% of the 386 Companies
in the Global Communication Equipment industry.

( Industry Median: 15.70 vs. NOK: 24.10 )
NOK' s 10-Year PFCF Range
Min: 5.66   Max: 179.71
Current: 24.1
5.66
179.71
EV-to-EBIT 6.2
NOK's EV-to-EBIT is ranked lower than
81% of the 386 Companies
in the Global Communication Equipment industry.

( Industry Median: 16.46 vs. NOK: 6.2 )
NOK' s 10-Year EV-to-EBIT Range
Min: 4.9   Max: 66.6
Current: 6.2
4.9
66.6
Shiller P/E 6.4
NOK's Shiller P/E is ranked higher than
92% of the 386 Companies
in the Global Communication Equipment industry.

( Industry Median: 15.70 vs. NOK: 6.4 )
NOK' s 10-Year Shiller P/E Range
Min: 2.29   Max: 28.49
Current: 6.4
2.29
28.49

Dividend & Buy Back

vs
industry		 vs
history
Dividend Yield 4.74
NOK's Dividend Yield is ranked higher than
94% of the 386 Companies
in the Global Communication Equipment industry.

( Industry Median: 2.05 vs. NOK: 4.74 )
NOK' s 10-Year Dividend Yield Range
Min: 2.94   Max: 14.77
Current: 4.74
2.94
14.77
Dividend growth (3y) -20.3
NOK's Dividend growth (3y) is ranked higher than
96% of the 386 Companies
in the Global Communication Equipment industry.

( Industry Median: -2.50 vs. NOK: -20.3 )
NOK' s 10-Year Dividend growth (3y) Range
Min: 0   Max: -11.7
Current: -20.3
Yield on cost (5-Year) 1.28
NOK's Yield on cost (5-Year) is ranked higher than
71% of the 386 Companies
in the Global Communication Equipment industry.

( Industry Median: 2.09 vs. NOK: 1.28 )
NOK' s 10-Year Yield on cost (5-Year) Range
Min: 0.8   Max: 4.02
Current: 1.28
0.8
4.02
Share Buyback Rate 0.1
NOK's Share Buyback Rate is ranked lower than
81% of the 386 Companies
in the Global Communication Equipment industry.

( Industry Median: -0.85 vs. NOK: 0.1 )
NOK' s 10-Year Share Buyback Rate Range
Min: 3.8   Max: -0.2
Current: 0.1

Valuation & Return

vs
industry		 vs
history
Price/Net Current Asset Value 2.2
NOK's Price/Net Current Asset Value is ranked higher than
64% of the 386 Companies
in the Global Communication Equipment industry.

( Industry Median: 5.55 vs. NOK: 2.2 )
NOK' s 10-Year Price/Net Current Asset Value Range
Min: 2.1   Max: 35.4
Current: 2.2
2.1
35.4
Price/Tangible Book 4.2
NOK's Price/Tangible Book is ranked higher than
93% of the 386 Companies
in the Global Communication Equipment industry.

( Industry Median: 1.70 vs. NOK: 4.2 )
NOK' s 10-Year Price/Tangible Book Range
Min: 2.5   Max: 25.8
Current: 4.2
2.5
25.8
Price/DCF (Projected) 0.4
NOK's Price/DCF (Projected) is ranked higher than
77% of the 386 Companies
in the Global Communication Equipment industry.

( Industry Median: 1.10 vs. NOK: 0.4 )
NOK' s 10-Year Price/DCF (Projected) Range
Min: 0.3   Max: 1.3
Current: 0.4
0.3
1.3
Price/Median PS Value 0.2
NOK's Price/Median PS Value is ranked higher than
59% of the 386 Companies
in the Global Communication Equipment industry.

( Industry Median: 0.70 vs. NOK: 0.2 )
NOK' s 10-Year Price/Median PS Value Range
Min: 0.2   Max: 4.1
Current: 0.2
0.2
4.1
Earnings Yield (Greenblatt) 16.10
NOK's Earnings Yield (Greenblatt) is ranked lower than
78% of the 386 Companies
in the Global Communication Equipment industry.

( Industry Median: 4.80 vs. NOK: 16.10 )
NOK' s 10-Year Earnings Yield (Greenblatt) Range
Min: 1.5   Max: 20.4
Current: 16.1
1.5
20.4
Forward Rate of Return (Yacktman) 20.39
NOK's Forward Rate of Return (Yacktman) is ranked higher than
91% of the 386 Companies
in the Global Communication Equipment industry.

( Industry Median: 2.97 vs. NOK: 20.39 )
NOK' s 10-Year Forward Rate of Return (Yacktman) Range
Min: -16.4   Max: 30.6
Current: 20.39
-16.4
30.6

Business Description

Nokia Oyj was incorporated under the laws of the Republic of Finland. The Company is committed to connecting people, combining advanced technology with personalized services that enable people to stay close. Every day, more than 1.2 billion people connect to one another with a Nokia device from mobile phones to advanced smartphones and high performance mobile computers. Nokia is a pioneer in advancing mobile technology to enrich people's lives and helping to drive sustainability. Nokia is integrating its devices with innovative services through Ovi, its Internet services brand, including music, navigation, media and messaging. Nokia's NAVTEQ is a leader in digital mapping and navigation services, while Nokia Siemens Networks provides equipment, services and solutions for communications networks globally. The Company has three operating and reportable segments for financial reporting purposes: Devices & Services; NAVTEQ; and Nokia Siemens Networks. Devices & Services is responsible for developing and managing its portfolio of mobile devices, which it makes for all major consumer segments, as well as designing and developing services, including applications and content, that enrich the experience people have with its mobile devices. NAVTEQ is a provider of comprehensive digital map information and related location-based content and services for automotive navigation systems, mobile navigation devices, Internet-based mapping applications, and government and business solutions. Nokia Siemens Networks, jointly owned by Nokia and Siemens and consolidated by Nokia, provides mobile and fixed network infrastructure, communications and networks service platforms, as well as professional services, to operators and service providers. The Company mainly invests in research and development, sales and marketing, and building the Nokia brand. It currently addresses the needs of its customers in three categories: mobile phones, smartphones and mobile computers. The Company operated ten manufacturing facilities for the production of mobile devices in nine countries around the world for the production of mobile devices as of December 31, 2009. It's six other production facilities: Komarom in Hungary, Cluj in Romania, Dongguan in China, Chennai in India, Manaus in Brazil and Reynosa in Mexico—concentrate on the production of high volume, cost-focused mobile devices. Participants in the industry continue to compete with each other mainly on the basis of its product and services portfolio, including design, functionalities, breadth of services, user experience, software, quality, technical performance and price; operational and manufacturing efficiency; supply chain efficiency, including sourcing, logistics and distribution; marketing; customer support; and brand.
Company Website
Industry: Communication Equipment
Compare:PTFRY, QCOM, CSCO, ERIC, JNPR
Traded in other countries:NOKA.Netherlands, NOK1V.Italy, NOK1V.Finland, NOKI SEK.Sweden, NOAA.Germany, NOA3.Germany

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