Nokia Corp Return On Asset vs. Shares Outstanding

NOK Stock  USD 4.18  0.03  0.71%   
Considering Nokia Corp's profitability and operating efficiency indicators, Nokia Corp's profitability may be sliding down. It has an above-average probability of reporting lower numbers next quarter. Profitability indicators assess Nokia Corp's ability to earn profits and add value for shareholders. At this time, Nokia Corp's Sales General And Administrative To Revenue is quite stable compared to the past year. Operating Cash Flow Sales Ratio is expected to rise to 0.10 this year, although the value of Price To Sales Ratio will most likely fall to 0.73. At this time, Nokia Corp's Accumulated Other Comprehensive Income is quite stable compared to the past year. Income Before Tax is expected to rise to about 1.7 B this year, although the value of Income Tax Expense will most likely fall to about 559.4 M.
Current ValueLast YearChange From Last Year 10 Year Trend
Gross Profit Margin0.290.3903
Way Down
Pretty Stable
For Nokia Corp profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Nokia Corp to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Nokia Corp ADR utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Nokia Corp's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Nokia Corp ADR over time as well as its relative position and ranking within its peers.
  
Check out Correlation Analysis.
Is Communications Equipment space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Nokia Corp. If investors know Nokia will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Nokia Corp listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.506
Dividend Share
0.13
Earnings Share
0.17
Revenue Per Share
3.591
Quarterly Revenue Growth
(0.08)
The market value of Nokia Corp ADR is measured differently than its book value, which is the value of Nokia that is recorded on the company's balance sheet. Investors also form their own opinion of Nokia Corp's value that differs from its market value or its book value, called intrinsic value, which is Nokia Corp's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Nokia Corp's market value can be influenced by many factors that don't directly affect Nokia Corp's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Nokia Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Nokia Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Nokia Corp's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

Nokia Corp ADR Shares Outstanding vs. Return On Asset Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining Nokia Corp's current stock value. Our valuation model uses many indicators to compare Nokia Corp value to that of its competitors to determine the firm's financial worth.
Nokia Corp ADR is regarded third in return on asset category among its peers. It is considered to be number one stock in shares outstanding category among its peers creating about  166,783,636,543  of Shares Outstanding per Return On Asset. Common Stock Shares Outstanding is expected to rise to about 8 B this year. Comparative valuation analysis is a catch-all technique that is used if you cannot value Nokia Corp by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.

Nokia Shares Outstanding vs. Return On Asset

Return on Asset or ROA shows how effective is the management of the company in generating income from utilizing all of the assets at their disposal. It is a useful ratio to evaluate the performance of different departments of a company as well as to understand management performance over time.

Nokia Corp

Return On Asset

 = 

Net Income

Total Assets

 = 
0.0324
Return on Asset measures overall efficiency of a company in generating profits from its total assets. It is expressed as the percentage of profits earned per dollar of Asset. A low ROA typically means that a company is asset-intensive and therefore will needs more money to continue generating revenue in the future.
Outstanding Shares are shares of common stock of a public company that were purchased by investors after they were authorized and issued by the company to the public. Outstanding Shares are typically reported on fully diluted basis, including exotic instruments such as options, or convertibles bonds.

Nokia Corp

Shares Outstanding

 = 

Public Shares

-

Repurchased

 = 
5.4 B
Outstanding shares that are stated on company Balance Sheet are used when calculating many important valuation and performance indicators including Return on Equity, Market Cap, EPS and many others.

Nokia Shares Outstanding Comparison

Nokia Corp is currently under evaluation in shares outstanding category among its peers.

Nokia Corp Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in Nokia Corp, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Nokia Corp will eventually generate negative long term returns. The profitability progress is the general direction of Nokia Corp's change in net profit over the period of time. It can combine multiple indicators of Nokia Corp, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
Last ReportedProjected for Next Year
Accumulated Other Comprehensive Income18.6 B19.5 B
Operating IncomeB1.8 B
Income Before Tax1.5 B1.7 B
Total Other Income Expense Net-534 M-507.3 M
Net Income679 M1.3 B
Income Tax Expense825 M559.4 M
Net Income Applicable To Common Shares3.8 BB
Net Income From Continuing Ops3.9 B4.1 B
Interest Income407 M272.6 M
Net Interest Income-158 M-165.9 M
Change To Netincome-2.4 B-2.3 B
Net Income Per Share 0.12  0.11 
Income Quality 1.94  1.70 
Net Income Per E B T 0.44  0.47 

Nokia Profitability Driver Comparison

Profitability drivers are factors that can directly affect your investment outlook on Nokia Corp. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Nokia Corp position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Nokia Corp's important profitability drivers and their relationship over time.

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When determining whether Nokia Corp ADR is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Nokia Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Nokia Corp Adr Stock. Highlighted below are key reports to facilitate an investment decision about Nokia Corp Adr Stock:
Check out Correlation Analysis.
You can also try the Funds Screener module to find actively-traded funds from around the world traded on over 30 global exchanges.
To fully project Nokia Corp's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Nokia Corp ADR at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include Nokia Corp's income statement, its balance sheet, and the statement of cash flows.
Potential Nokia Corp investors and stakeholders can use historical trends found within financial statements to determine how well the company is positioned for the future. Although Nokia Corp investors may work on each financial statement separately, they are all related. The changes in Nokia Corp's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Nokia Corp's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.