Nokia Financial Statements From 2010 to 2024
| NOKN Stock | MXN 85.70 0.20 0.23% |
Check Nokia financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Nokia's main balance sheet or income statement drivers, such as , as well as many indicators such as . Nokia financial statements analysis is a perfect complement when working with Nokia Valuation or Volatility modules.
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Nokia Company Return On Equity Analysis
Nokia's Return on Equity or ROE tells company stockholders how effectually their money is being utilized or reinvested. It is a useful ratio when analyzing company profitability or the management effectiveness given the capital invested by the shareholders. ROE shows how efficiently a company utilizes investments to generate income.
Current Nokia Return On Equity | 0.22 |
Most of Nokia's fundamental indicators, such as Return On Equity, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Nokia is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
For most industries, Return on Equity between 10% and 30% are considered desirable to provide dividends to owners and have funds for the future growth of the company. Investors should be very careful using ROE as the only efficiency indicator because ROE can be high if a company is heavily leveraged.
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Based on the latest financial disclosure, Nokia has a Return On Equity of 0.2165. This is 101.8% lower than that of the Technology sector and 104.3% lower than that of the Communication Equipment industry. The return on equity for all Mexico stocks is 169.84% lower than that of the firm.
Nokia Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Nokia's current stock value. Our valuation model uses many indicators to compare Nokia value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Nokia competition to find correlations between indicators driving Nokia's intrinsic value. More Info.Nokia is considered to be number one stock in return on equity category among its peers. It also is considered to be number one stock in return on asset category among its peers reporting about 0.19 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Nokia is roughly 5.39 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Nokia by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Nokia's Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.About Nokia Financial Statements
Nokia investors use historical fundamental indicators, such as Nokia's revenue or net income, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in Nokia. Please read more on our technical analysis and fundamental analysis pages.
Nokia Corporation provides mobile and fixed network solutions worldwide. Nokia Corporation was founded in 1865 and is headquartered in Espoo, Finland. NOKIA OYJ operates under Communication Equipment classification in Mexico and is traded on Mexico Stock Exchange. It employs 920 people.
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Additional Tools for Nokia Stock Analysis
When running Nokia's price analysis, check to measure Nokia's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Nokia is operating at the current time. Most of Nokia's value examination focuses on studying past and present price action to predict the probability of Nokia's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Nokia's price. Additionally, you may evaluate how the addition of Nokia to your portfolios can decrease your overall portfolio volatility.