NOK (Nokia Oyj) Minority Interest: $111.75 Mil (As of Jun. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

NOK Nokia Oyj NOK
58 GF Score
Price $9.18
GF Value $4.99
Valuation Significantly Overvalued
! 4 Warning Signs
View Full Analysis

What is Nokia Oyj Minority Interest?

Nokia Oyj NOK -5.70% 58 Minority Interest is $111.75 Mil as of Jun. 2026. GuruFocus rates NOK with a GF Score™ of 58/100 and a GF Value™ of $4.99 (Significantly Overvalued). The stock has 4 warning signs investors should review.

Minority interest is the carrying amount of the equity interests owned by non-controlling shareholders, partners, or other equity holders in one or more of the entities included in the reporting entity's consolidated financial statements.

Nokia Oyj's minority interest for the quarter that ended in Jun. 2026 was $111.75 Mil.

Nokia Oyj Minority Interest Historical Data

* Premium members only.

The historical data trend for Nokia Oyj's Minority Interest 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 Minority Interest Chart

Nokia Oyj Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Minority Interest
Get a 7-Day Free Trial Premium Member Only Premium Member Only 115.25 98.52 99.24 94.24 106.56

Nokia Oyj Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Minority Interest 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 106.11 106.81 106.56 106.36 111.75
NOK
58GF Score
Nokia Oyj NOK
Minority Interest is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Nokia Oyj Minority Interest Calculation

Minority interest is the carrying amount of the equity interests owned by non-controlling shareholders, partners, or other equity holders in one or more of the entities included in the reporting entity's consolidated financial statements.

Frequently Asked Questions Learn more about Minority Interest →
What does a Minority Interest of $111.75 Mil mean?
Nokia Oyj (NOK) has a Minority Interest of $111.75 Mil as of Jun. 2026. Minority interest represents the carrying value of equity from non-controlling shareholders and company partners. View historical data on Nokia Oyj.
Is Nokia Oyj's Minority Interest too high?
Nokia Oyj's current Minority Interest is $111.75 Mil. Overall, Nokia Oyj has a GF Score™ of 58/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Nokia Oyj's Minority Interest compare to CSCO and CIEN?
Nokia Oyj's Minority Interest of $111.75 Mil can be compared against companies in the Hardware industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Minority Interest for a Hardware company?
A good Minority Interest depends on the Hardware industry context. However, Minority Interest 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 Minority Interest mean?
A high Minority Interest can signal that a stock is expensive relative to its fundamentals. Minority interest represents the carrying value of equity from non-controlling shareholders and company partners. View historical data on Nokia Oyj. Nokia Oyj's current Minority Interest is $111.75 Mil. 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 (NOK) is currently considered Significantly Overvalued. The stock's GF Value™ is $4.99, compared to a current price of $9.18 — trading 83.9% above its estimated fair value. The current Minority Interest is $111.75 Mil. Nokia Oyj's overall GF Score™ is 58/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Minority Interest calculated?
Minority Interest is calculated from a company's financial statements. For Nokia Oyj (NOK), the current Minority Interest is $111.75 Mil as of Jun. 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 (NOK) Overvalued in 2026?

Based on GuruFocus' analysis, Nokia Oyj stock appears to be overvalued. The current stock price of $9.18 is trading 83.9% above its estimated GF Value™ of $4.99. GuruFocus considers Nokia Oyj to be Significantly Overvalued.

Key valuation signals for NOK:

  • Minority Interest: $111.75 Mil
  • GF Value™: $4.99 vs. price of $9.18 (83.9% above fair value)
  • GF Score™: 58/100 with 4 warning signs

No single metric tells the full story. See the NOK 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.
58GF Score

Get the complete analysis for NOK

Minority Interest is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$9.18
Price
$4.99
GF Value