Nokia Oyj (Nokia Oyj) FCF Yield % : 9.33 (As of Apr. 28, 2024)

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What is Nokia Oyj FCF Yield %?

FCF Yield % is calculated as Free Cash Flow divided by Market Capitalization. It is a financial solvency ratio that compares the free cash flow a company is expected to earn against its market value.

As of today, Nokia Oyj's Trailing 12-Month Free Cash Flow is $1,939 Mil, and Market Cap is $20,172 Mil. Therefore, Nokia Oyj's FCF Yield % for today is 9.33%.

The historical rank and industry rank for Nokia Oyj's FCF Yield % or its related term are showing as below:

NOK' s FCF Yield % Range Over the Past 10 Years
Min: -8.71 Med: 1.1 Max: 12.49
Current: 9.33

During the past 13 years, the highest FCF Yield % of Nokia Oyj was 12.49%. The lowest was -8.71%. And the median was 1.10%.

NOK's FCF Yield % is ranked better than
82.48% of 2472 companies
in the Hardware industry
Industry Median: 0.86 vs NOK: 9.33

Nokia Oyj's FCF Margin % for the quarter that ended in Mar. 2024 was 20.46%.

Nokia Oyj FCF Yield % Historical Data

The historical data trend for Nokia Oyj's FCF Yield % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Nokia Oyj FCF Yield % Chart

Nokia Oyj Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

FCF Yield %

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-1.60

7.09

6.66

3.57

3.84

Nokia Oyj Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
FCF Yield %	Get a 7-Day Free Trial															-2.33	-8.64	-9.23	39.73	21.20

Competitive Comparison of Nokia Oyj's FCF Yield %

For the Communication Equipment subindustry, Nokia Oyj's FCF Yield %, along with its competitors' market caps and FCF Yield % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Nokia Oyj's FCF Yield % Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Nokia Oyj's FCF Yield % distribution charts can be found below:

* The bar in red indicates where Nokia Oyj's FCF Yield % falls into.

Nokia Oyj FCF Yield % Calculation

FCF Yield % is a financial solvency ratio that compares the free cash flow a company is expected to earn against its market value.

Nokia Oyj's FCF Yield % for the fiscal year that ended in Dec. 2023 is calculated as

FCF Yield %	=	Free Cash Flow	/	Market Cap
	=	725.191	/	18897.552
	=	3.84%

Nokia Oyj's annualized FCF Yield % for the quarter that ended in Mar. 2024 is calculated as

FCF Yield %	=	Free Cash Flow	*	Annualized Factor	/	Market Cap
	=	1038.044	*	4	/	19589.652
	=	21.20%

Nokia Oyj FCF Yield % Explanation

Similar to Earnings Yield %, FCF Yield % is financial solvency ratio. A lower ratio suggests a less attractive investment, indicating that investors might not receive substantial returns in proportion to their investment. Conversely, a high free cash flow yield signals that a company generates sufficient cash to comfortably meet its debts, obligations, and dividend payments, making it a promising investment choice.

Nokia Oyj FCF Yield % Related Terms

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Nokia Oyj (Nokia Oyj) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Nokia Oyj (NYSE:NOK) » Definitions » FCF Yield %

Comparable Companies

Traded in Other Exchanges

NOKBF:USA NOKIA SEK:Sweden NOK N:Mexico NOKIA:Italy 0K8D:UK NOKIAh:UK 0HAF:UK NOKIA:France NOKIA:Finland NOA3:Germany NOAA:Germany NOA3:Germany NOA3:Germany NOAA:Germany NOA3:Germany NOKIA:Czech Republic NOKI34:Brazil NOKI:Austria NOK:Argentina

Address

Karakaari 7, Espoo, FIN, FI-02610

Website

http://www.nokia.com

Nokia provides telecom equipment and services that are used to build wireless and fixed-line networks. It operates in four segments. The mobile networks segment, which sells equipment and services to telecom carriers to power public wireless networks, is the 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 it licenses technology used by handset providers, consumer electronics firms, and other firms making electronic and Internet of Things products.