Nokia Oyj
OMXH:NOKIA

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Nokia Oyj
OMXH:NOKIA
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Price: 4.548 EUR 0.6% Market Closed
Market Cap: 24.4B EUR

Relative Value

The Relative Value of one NOKIA stock under the Base Case scenario is 4.889 EUR. Compared to the current market price of 4.548 EUR, Nokia Oyj is Undervalued by 7%.

Relative Value is the estimated value of a stock based on various valuation multiples like P/E and EV/EBIT ratios. It offers a quick snapshot of a stock's valuation in relation to its peers and historical norms.

NOKIA Relative Value
Base Case
4.889 EUR
Undervaluation 7%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

vs History
7
vs Industry
50
Median 3Y
1
Median 5Y
1
Industry
1.7
Forward
1.2
vs History
38
vs Industry
30
Median 3Y
16.7
Median 5Y
16.7
Industry
26
Forward
14
vs History
58
vs Industry
35
Median 3Y
14
Median 5Y
10.8
Industry
13.4
vs History
36
vs Industry
21
Median 3Y
19.3
Median 5Y
14.4
Industry
15.2
vs History
52
vs Industry
57
Median 3Y
1.1
Median 5Y
1.2
Industry
1.9
vs History
19
vs Industry
53
Median 3Y
0.8
Median 5Y
0.8
Industry
1.8
Forward
0.9
vs History
41
vs Industry
63
Median 3Y
1.9
Median 5Y
2
Industry
5.8
vs History
46
vs Industry
43
Median 3Y
5.9
Median 5Y
6.3
Industry
14.7
Forward
6.5
vs History
61
vs Industry
36
Median 3Y
9.1
Median 5Y
10.3
Industry
19.9
Forward
9
vs History
69
vs Industry
38
Median 3Y
11.6
Median 5Y
9.1
Industry
12
vs History
63
vs Industry
30
Median 3Y
17.4
Median 5Y
10.7
Industry
13.6
vs History
38
vs Industry
64
Median 3Y
0.7
Median 5Y
0.7
Industry
1.6

Multiples Across Competitors

NOKIA Competitors Multiples
Nokia Oyj Competitors

Market Cap P/S P/E EV/EBITDA EV/EBIT
FI
Nokia Oyj
OMXH:NOKIA
24.4B EUR 1.3 19.1 6.3 9.6
US
Cisco Systems Inc
NASDAQ:CSCO
221.8B USD 4.1 24.1 15.8 20.2
US
Arista Networks Inc
NYSE:ANET
89.8B USD 12.8 31.5 27.1 27.7
US
Motorola Solutions Inc
NYSE:MSI
70.8B USD 6.5 44.9 24.6 27.7
SE
Telefonaktiebolaget LM Ericsson
STO:ERIC B
262.7B SEK 1.1 13 137.4 7.3 10.5
CN
ZTE Corp
SZSE:000063
150B CNY 1.2 16 14.1 14.1
US
Ubiquiti Inc
NYSE:UI
18.5B USD 8.6 41.7 30.4 31.4
US
F5 Inc
NASDAQ:FFIV
15B USD 5.2 25.2 17 19.4
CN
Zhongji Innolight Co Ltd
SZSE:300308
87.4B CNY 4.2 18.9 16.6 16.6
US
Juniper Networks Inc
NYSE:JNPR
11.5B USD 2.3 39.8 21.7 31
CN
BYD Electronic International Co Ltd
HKEX:285
71.7B HKD 0.4 15.8 7.3 13.7