Nokia Oyj (MEX:NOKN) ROE % Adjusted to Book Value: 0.90% (As of Mar. 2026)


MEX:NOKN Nokia Oyj MEX:NOKN
47 GF Score
Price MXN224.80
GF Value MXN84.28
Valuation Significantly Overvalued
! 4 Warning Signs
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What is Nokia Oyj ROE % Adjusted to Book Value?

Nokia Oyj MEX:NOKN -7.87% 47 ROE % Adjusted to Book Value is 0.90% as of Mar. 2026. GuruFocus rates MEX:NOKN with a GF Score™ of 47/100 and a GF Value™ of MXN84.28 (Significantly Overvalued). The stock has 4 warning signs investors should review.

Nokia Oyj's ROE % for the quarter that ended in Mar. 2026 was 1.62%. Nokia Oyj's PB Ratio for the quarter that ended in Mar. 2026 was 1.81. Nokia Oyj's ROE % Adjusted to Book Value for the quarter that ended in Mar. 2026 was 0.90%.


Nokia Oyj ROE % Adjusted to Book Value Related Terms


Nokia Oyj ROE % Adjusted to Book Value Historical Data

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The historical data trend for Nokia Oyj's ROE % Adjusted to Book Value 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 ROE % Adjusted to Book Value Chart

Nokia Oyj Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROE % Adjusted to Book Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.94 19.28 3.61 5.94 2.12

Nokia Oyj Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
ROE % Adjusted to Book Value 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 -0.92 1.43 1.41 7.30 0.90

MEX:NOKN vs CSCO, CIEN, MSI: ROE % Adjusted to Book Value Comparison

For the Communication Equipment subindustry, Nokia Oyj's ROE % Adjusted to Book Value, along with its competitors' market caps and ROE % Adjusted to Book Value 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 ROE % Adjusted to Book Value vs Hardware Industry

For the Hardware industry and Technology sector, Nokia Oyj's ROE % Adjusted to Book Value distribution charts can be found below:

* The bar in red indicates where Nokia Oyj's ROE % Adjusted to Book Value falls into.


MEX:NOKN
47GF Score
Nokia Oyj MEX:NOKN
ROE % Adjusted to Book Value is just one metric. See GF Score™, valuation, warning signs, and more.
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Nokia Oyj ROE % Adjusted to Book Value Calculation

Nokia Oyj's ROE % Adjusted to Book Value for the fiscal year that ended in Dec. 2025 is calculated as

ROE % Adjusted to Book Value=ROE % / PB Ratio
=3.07% / 1.45
=2.12%

Nokia Oyj's ROE % Adjusted to Book Value for the quarter that ended in Mar. 2026 is calculated as

ROE % Adjusted to Book Value=ROE % / PB Ratio
=1.62% / 1.81
=0.90%

* 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.

What does a ROE % Adjusted to Book Value of 0.90% mean?
Nokia Oyj (MEX:NOKN) has a ROE % Adjusted to Book Value of 0.90% as of Mar. 2026. Return on equity adjusted to book is the ratio of return on equity to price-book ratio. View historical data on Nokia Oyj and its competitors.
Is Nokia Oyj's ROE % Adjusted to Book Value too high?
Nokia Oyj's current ROE % Adjusted to Book Value is 0.90%. Overall, Nokia Oyj has a GF Score™ of 47/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Nokia Oyj's ROE % Adjusted to Book Value compare to CSCO and CIEN?
Nokia Oyj's ROE % Adjusted to Book Value of 0.90% 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 ROE % Adjusted to Book Value for a Hardware company?
A good ROE % Adjusted to Book Value depends on the Hardware industry context. However, ROE % Adjusted to Book Value 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 ROE % Adjusted to Book Value mean?
A high ROE % Adjusted to Book Value can signal that a stock is expensive relative to its fundamentals. Return on equity adjusted to book is the ratio of return on equity to price-book ratio. View historical data on Nokia Oyj and its competitors. Nokia Oyj's current ROE % Adjusted to Book Value is 0.90%. 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 (MEX:NOKN) is currently considered Significantly Overvalued. The stock's GF Value™ is MXN84.28, compared to a current price of MXN224.80 — trading 166.7% above its estimated fair value. The current ROE % Adjusted to Book Value is 0.90%. Nokia Oyj's overall GF Score™ is 47/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROE % Adjusted to Book Value calculated?
ROE % Adjusted to Book Value is calculated from a company's financial statements. For Nokia Oyj (MEX:NOKN), the current ROE % Adjusted to Book Value is 0.90% 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 (MEX:NOKN) Overvalued in 2026?

Based on GuruFocus' analysis, Nokia Oyj stock appears to be overvalued. The current stock price of MXN224.80 is trading 166.7% above its estimated GF Value™ of MXN84.28. GuruFocus considers Nokia Oyj to be Significantly Overvalued.

Key valuation signals for MEX:NOKN:

  • ROE % Adjusted to Book Value: 0.90%
  • GF Value™: MXN84.28 vs. price of MXN224.80 (166.7% above fair value)
  • GF Score™: 47/100 with 4 warning signs

No single metric tells the full story. See the MEX:NOKN 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.
47GF Score

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ROE % Adjusted to Book Value is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

MXN224.80
Price
MXN84.28
GF Value