Nokia Corporation (NOK) and Its Competitors Financial Results Comparison

Nokia Corporation (NYSE:NOK) is a company in the Communication Equipment industry and that’s how we compare it to its rivals. The comparing will be based on the analyst recommendations, profitability, risk, dividends, earnings and valuation, institutional ownership.

Institutional & Insider Ownership

7% of Nokia Corporation’s shares are owned by institutional investors. Comparatively, 50.08% of all Communication Equipment’s companies shares are owned by institutional investors. 0% of Nokia Corporation shares are owned by company insiders. Comparatively, 10.49% of all Communication Equipment companies shares are owned by company insiders.

Profitability

On first table we have Nokia Corporation and its rivals’ return on equity, net margins and return on assets.

Net Margins Return on Equity Return on Assets
Nokia Corporation 0.00% -5.90% -2.30%
Industry Average 9.89% 29.57% 7.79%

Earnings & Valuation

In next table we are comparing Nokia Corporation and its rivals’ net profit, top-line revenue and valuation.

Net Income Gross Revenue Price/Earnings Ratio
Nokia Corporation N/A N/A 0.00
Industry Average 175.69M 1.78B 33.56

Analyst Recommendations

Table 3 shows breakdown of recent ratings for Nokia Corporation and its rivals.

Sell Ratings Hold Ratings Buy Ratings Rating Score
Nokia Corporation 1 0 4 2.80
Industry Average 1.00 2.72 1.92 2.64

With consensus target price of $7.17, Nokia Corporation has a potential upside of 13.45%. As a group, Communication Equipment companies have a potential upside of 92.97%. By having stronger consensus rating and higher possible upside, Nokia Corporation make equities research analysts believe that the company is more favorable than its competitors.

Performance

Here are the Weekly, Monthly, Quarterly, Half Yearly, Yearly and YTD Performance of Nokia Corporation and its competitors.

Performance (W) Performance (M) Performance (Q) Performance (HY) Performance (Y) Performance (YTD)
Nokia Corporation 3.84% -5.02% 5.38% -3.73% 22.68% 21.89%
Industry Average 2.82% 9.29% 11.79% 20.86% 53.15% 55.99%

For the past year Nokia Corporation was less bullish than its peers.

Liquidity

The Current Ratio and a Quick Ratio of Nokia Corporation are 1.3 and 1.1. Competitively, Nokia Corporation’s competitors have 3.38 and 2.62 for Current and Quick Ratio. Nokia Corporation’s competitors have better ability to pay short and long-term obligations than Nokia Corporation.

Risk and Volatility

A beta of 0.58 shows that Nokia Corporation is 42.00% less volatile than Standard & Poor’s 500. Competitively, Nokia Corporation’s competitors are 2.33% less volatile than Standard & Poor’s 500, because of the 0.98 beta.

Dividends

The annual dividend that Nokia Corporation pay is $0.22 per share with a dividend yield of 3.54%. On the other side Nokia Corporation’s peers have dividend yield of 4.03%.

Summary

On 4 of the 5 factors Nokia Corporation’s competitors beat Nokia Corporation.

Nokia Corporation engages in the network and technology businesses worldwide. The company operates through four segments: Ultra Broadband Networks, Global Services, IP Networks and Applications, and Nokia Technologies. It provides mobile networking solutions, including hardware, software, and services for telecommunications operators, enterprises, and related markets/verticals. It also offers fixed networking solutions, such as copper based solutions; fiber-to-the-home solutions, including Ethernet point-to-point, gigabit passive optical networks, EPON, and 10 gigabit next generation fiber technologies; fiber access products, solutions, and services; and public switched telephone network transformation, ultra-broadband network design, deployment and operation, site implementation and outside plant, and multi-vendor maintenance services. In addition, the company provides network implementation, care, and professional services for mobile networks; and managed services, such as network and service management, build-operate-transfer model, hosting, analytics, Internet of Things (IoT), cloud, and security operation services for the fixed, mobile, applications, Internet protocol (IP), and optical domains. Further, it offers network planning and optimization services to enhance the network performance and quality, and analytics-based services; and network architecture, integration, customization, and migration services. Additionally, the company provides IP/optical networking solutions, including IP routing and optical transport systems, software, and services; software solutions, such as customer experience management, network operations and management, communications and collaborations, policy and charging, as well as Cloud, IoT, security, and analytics platforms; and submarine networks and radio frequency systems. Nokia Corporation has a collaboration agreement with Filtronic. The company was founded in 1865 and is headquartered in Espoo, Finland.