Nokia Oyj’s share price is Kč199.24. Its GF Value is Kč108.58. Based on the relationship between the current stock price and the GF Value, GuruFocus believes Nokia Oyj stock is .
The GF Value represents the current intrinsic value of a stock derived from our proprietary algorithm. It is based primarily on the historical multiples of where the stocks have been traded and the future growth of the business, adjusted for the past returns and growth. The GF Value has been verified by backtesting and daily updated model portfolios.
In addition to considering the current valuation, the growth potential of a company's value is equally important. Companies with faster growth rates tend to increase their value more quickly. Therefore, it's essential to look at the Price-to-Future GF Value ratios as well. The results are shown below:
| Price: Kč199.24 | GF Value | Price/GF Value | ||
|---|---|---|---|---|
| Current | Kč108.58 | 1.83 | ||
| Next FY1 End | Kč107.26 | 1.86 | ||
| Next 12 Month | Kč110.56 | 1.80 | ||
| Next FY2 End | Kč112.22 | 1.78 |
GuruFocus performed a correlation analysis comparing Nokia Oyj's stock price with key financial metrics: revenue per share, book value per share, EPS without NRI, and operating cash flow per share.
The findings reveal that Nokia Oyj's stock price shows no significant correlation with any of these four metrics.