Nokia Statistics

Share Statistics

Nokia has 5.38B shares outstanding. The number of shares has increased by -1.97% in one year.

Shares Outstanding	5.38B
Shares Change (YoY)	-1.97%
Shares Change (QoQ)	-1.54%
Owned by Institutions (%)	10.8%
Shares Floating	5.38B
Failed to Deliver (FTD) Shares	417,487
FTD / Avg. Volume	2.2%

Short Selling Information

The latest short interest is 41.35M, so 0.77% of the outstanding shares have been sold short.

Short Interest	41.35M
Short % of Shares Out	0.77%
Short % of Float	0.77%
Short Ratio (days to cover)	2.21

Valuation Ratios

The PE ratio is 18.3 and the forward PE ratio is 11.08. Nokia's PEG ratio is 0.2.

PE Ratio	18.3
Forward PE	11.08
PS Ratio	1.22
Forward PS	0.9
PB Ratio	1.13
P/FCF Ratio	11.57
PEG Ratio	0.2

Financial Ratio History

Enterprise Valuation

Nokia has an Enterprise Value (EV) of 21.5B.

EV / Sales	1.12
EV / EBITDA	6.27
EV / EBIT	8.62
EV / FCF	10.64

Financial Position

The company has a current ratio of 1.58, with a Debt / Equity ratio of 0.23.

Current Ratio	1.58
Quick Ratio	1.39
Debt / Equity	0.23
Debt / EBITDA	1.38
Debt / FCF	2.35
Interest Coverage	6.11

Financial Efficiency

Return on Equity is 6.18% and Return on Invested Capital is 5.66%.

Return on Equity	6.18%
Return on Assets	3.26%
Return on Invested Capital	5.66%
Revenue Per Employee	$245.05K
Profits Per Employee	$16.28K
Employee Count	78,434
Asset Turnover	0.49
Inventory Turnover	4.79

Taxes

Income Tax	380M
Effective Tax Rate	18.17%

Stock Price Statistics

The stock price has increased by 7.31% in the last 52 weeks. The beta is 0.62, so Nokia's price volatility has been higher than the market average.

Beta	0.62
52-Week Price Change	7.31%
50-Day Moving Average	4.89
200-Day Moving Average	4.83
Relative Strength Index (RSI)	20.5
Average Volume (20 Days)	19,003,987

Income Statement

In the last 12 months, Nokia had revenue of 19.22B and earned 1.28B in profits. Earnings per share was 0.23.

Revenue	19.22B
Gross Profit	8.86B
Operating Income	2B
Net Income	1.28B
EBITDA	3.43B
EBIT	2.42B
Earnings Per Share (EPS)	0.23

Full Income Statement

Balance Sheet

The company has 6.62B in cash and 4.75B in debt, giving a net cash position of 1.87B.

Cash & Cash Equivalents	6.62B
Total Debt	4.75B
Net Cash	1.87B
Retained Earnings	1.96B
Total Assets	36.03B
Working Capital	4.49B

Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was 2.49B and capital expenditures -472M, giving a free cash flow of 2.02B.

Operating Cash Flow	2.49B
Capital Expenditures	-472M
Free Cash Flow	2.02B
FCF Per Share	0.37

Full Cash Flow Statement

Margins

Gross margin is 46.12%, with operating and profit margins of 10.4% and 6.64%.

Gross Margin	46.12%
Operating Margin	10.4%
Pretax Margin	10.88%
Profit Margin	6.64%
EBITDA Margin	17.86%
EBIT Margin	10.4%
FCF Margin	10.52%

Dividends & Yields

NOK pays an annual dividend of $0.16, which amounts to a dividend yield of 3.71%.

Dividend Per Share	$0.16
Dividend Yield	3.71%
Dividend Growth (YoY)	-3.39%
Payout Ratio	81.72%
Earnings Yield	5.46%
FCF Yield	8.65%

Dividend Details

Analyst Forecast

The average price target for NOK is $6.5, which is 58.2% higher than the current price. The consensus rating is "Buy".

Price Target	$6.5
Price Target Difference	58.2%
Analyst Consensus	Buy
Analyst Count	3

Stock Forecasts

Fair Value

There are several formulas that can be used to estimate the intrinsic value of a stock.

Lynch Fair Value	n/a
Lynch Upside	n/a
Graham Number	4.46
Graham Upside	8.52%

Stock Splits

The last stock split was on Apr 11, 2000. It was a forward split with a ratio of 4:1.

Last Split Date	Apr 11, 2000
Split Type	forward
Split Ratio	4:1

Scores

Altman Z-Score	1.71
Piotroski F-Score	8

Nokia (NOK)