Nokia Oyj (LTS:0HAF) EPS without NRI: €0.28 (TTM As of Mar. 2026)


LTS:0HAF Nokia Oyj LTS:0HAF
59 GF Score
Price €10.82
GF Value €4.25
Valuation Significantly Overvalued
! 3 Warning Signs
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What is Nokia Oyj EPS without NRI?

Nokia Oyj LTS:0HAF -3.29% 59 EPS without NRI is €0.28 as of Mar. 2026. GuruFocus rates LTS:0HAF with a GF Score™ of 59/100 and a GF Value™ of €4.25 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 1,903 Hardware companies, Nokia Oyj ranks worse than 67.68% on this metric.

Nokia Oyj's earnings per share without non-recurring items for the three months ended in Mar. 2026 was €0.02. Its earnings per share without non-recurring items for the trailing twelve months (TTM) ended in Mar. 2026 was €0.28.

During the past 12 months, Nokia Oyj's average earnings per share (NRI) Growth Rate was -3.40% per year. During the past 3 years, the average earnings per share (NRI) Growth Rate was -13.00% per year. During the past 10 years, the average earnings per share (NRI) Growth Rate was 0.00% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the EPS without NRI Growth Rate using Earnings per share without Non-Recurring Items (NRI) data.

The historical rank and industry rank for Nokia Oyj's EPS without NRI or its related term are showing as below:

LTS:0HAF' s 3-Year EPS without NRI Growth Rate Range Over the Past 10 Years
Min: -55   Med: 4.9   Max: 298.4
Current: -13

During the past 13 years, Nokia Oyj's highest 3-Year average Earnings Per Share (NRI) Growth Rate was 298.40% per year. The lowest was -55.00% per year. And the median was 4.90% per year.

LTS:0HAF's 3-Year EPS without NRI Growth Rate is ranked worse than
67.68% of 1903 companies
in the Hardware industry
Industry Median: 1.2 vs LTS:0HAF: -13.00

Nokia Oyj's EPS (Diluted) for the three months ended in Mar. 2026 was €0.02. Its EPS (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 was €0.15.

Nokia Oyj's EPS (Basic) for the three months ended in Mar. 2026 was €0.02. Its EPS (Basic) for the trailing twelve months (TTM) ended in Mar. 2026 was €0.15.


Nokia Oyj  (LTS:0HAF) EPS without NRI Explanation

EPS without NRI removes onetime and unusual items from EPS, to provide investors with a more accurate measure of the company’s true earnings. The earnings are adjusted for items that are irregular or unusual in nature, and/or are non-recurring. This is calculated using Net Income (Continuing Operations) plus/minus any tax affected unusual Items and Goodwill Impairments/Write Offs. This can be used to fairly measure a company's profitability.


Be Aware

Compared with Earnings per share, a company's cash flow is better indicator of the company's earnings power.

If a company's earnings per share is less than cash flow per share over long term, investors need to be cautious and find out why.


Nokia Oyj EPS without NRI Related Terms


Nokia Oyj EPS without NRI Historical Data

* Premium members only.

The historical data trend for Nokia Oyj's EPS without NRI 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.

Nokia Oyj EPS without NRI Chart

Nokia Oyj Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EPS without NRI
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.37 0.44 0.29 0.39 0.29

Nokia Oyj Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
EPS without NRI Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -0.01 0.04 0.06 0.16 0.02

LTS:0HAF vs CSCO, CIEN, MSI: EPS without NRI Comparison

For the Communication Equipment subindustry, Nokia Oyj's PE Ratio without NRI, along with its competitors' market caps and PE Ratio without NRI 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 PE Ratio without NRI vs Hardware Industry

For the Hardware industry and Technology sector, Nokia Oyj's PE Ratio without NRI distribution charts can be found below:

* The bar in red indicates where Nokia Oyj's PE Ratio without NRI falls into.


LTS:0HAF
59GF Score
Nokia Oyj LTS:0HAF
EPS without NRI is just one metric. See GF Score™, valuation, warning signs, and more.
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Nokia Oyj EPS without NRI Calculation

Earnings Per Share (EPS) is the single most important variable used by Wall Street in determining the earnings power of a company. But investors need to be aware that Earnings per Share can be easily manipulated by adjusting depreciation and amortization rate or non-recurring items. That's why GuruFocus lists EPS without NRI, which better reflects the company's underlying performance.

Earnings Per Share without Non-Recurring Items is the amount of earnings without non-recurring items per outstanding share of the company's stock.

EPS without NRI for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was €0.28

* 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.

Frequently Asked Questions Learn more about EPS without NRI →
What does a EPS without NRI of €0.28 mean?
Nokia Oyj (LTS:0HAF) has a EPS without NRI of €0.28 as of Mar. 2026. EPS without NRI represents per-share earnings excluding one-time charges. View historical data on Nokia Oyj and its competitors. According to the industry distribution chart, Nokia Oyj ranks #1288 out of 1903 companies in the Hardware industry, placing it in the top 67.7%.
Is Nokia Oyj's EPS without NRI too high?
Nokia Oyj's current EPS without NRI is €0.28. Based on the distribution chart, Nokia Oyj ranks #1288 out of 1903 companies in the Hardware industry, which is below the industry midpoint. Overall, Nokia Oyj has a GF Score™ of 59/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Nokia Oyj's EPS without NRI compare to CSCO and CIEN?
According to the Hardware industry distribution chart, Nokia Oyj ranks #1288 out of 1903 companies for EPS without NRI. This places Nokia Oyj in the lower half of its industry. The industry median EPS without NRI is 1.20. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EPS without NRI for a Hardware company?
The median EPS without NRI among Hardware companies is 1.20, based on 1,903 companies in the industry. Companies in the top quartile (top 25%) have a EPS without NRI significantly above this median, while those in the bottom quartile fall well below. However, EPS without NRI should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EPS without NRI mean?
A high EPS without NRI can signal that a stock is expensive relative to its fundamentals. EPS without NRI represents per-share earnings excluding one-time charges. View historical data on Nokia Oyj and its competitors. For the Hardware industry, the median EPS without NRI is 1.20 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nokia Oyj's current EPS without NRI is €0.28. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nokia Oyj stock overvalued right now?
Based on GuruFocus' analysis, Nokia Oyj (LTS:0HAF) is currently considered Significantly Overvalued. The stock's GF Value™ is €4.25, compared to a current price of €10.82 — trading 154.5% above its estimated fair value. The current EPS without NRI is €0.28. Nokia Oyj's overall GF Score™ is 59/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EPS without NRI calculated?
EPS without NRI is calculated from a company's financial statements. For Nokia Oyj (LTS:0HAF), the current EPS without NRI is €0.28 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Nokia Oyj (LTS:0HAF) Overvalued in 2026?

Based on GuruFocus' analysis, Nokia Oyj stock appears to be overvalued. The current stock price of €10.82 is trading 154.5% above its estimated GF Value™ of €4.25. GuruFocus considers Nokia Oyj to be Significantly Overvalued.

Key valuation signals for LTS:0HAF:

  • EPS without NRI: €0.28
  • GF Value™: €4.25 vs. price of €10.82 (154.5% above fair value)
  • GF Score™: 59/100 with 3 warning signs

No single metric tells the full story. See the LTS:0HAF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Nokia Oyj Business Description

Address Karakaari 7, Espoo, FIN, 02610
Nokia is a networking equipment vendor focused primarily on supporting wireless networks and, to a growing extent, Internet Protocol and optical systems. The firm operates three segments. The mobile infrastructure segment sells equipment and software used to operate the core of carrier and enterprise wireless networks. Network infrastructure comprises IP, optical, and fixed-network equipment, including switching and routing equipment, optical components, and devices used in fiber-to-the-premises networks. The portfolio business comprises businesses considered noncore to Nokia in the future, including fixed wireless access customer premises equipment, enterprise campus edge, and microwave radio.
59GF Score

Get the complete analysis for LTS:0HAF

EPS without NRI is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€10.82
Price
€4.25
GF Value