Nokia Price To Book vs. Net Income
| NOKN Stock | MXN 85.00 1.00 1.16% |
For Nokia profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Nokia to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Nokia utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Nokia's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Nokia over time as well as its relative position and ranking within its peers.
Nokia |
Nokia Net Income vs. Price To Book Fundamental Analysis
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. Nokia is considered to be number one stock in price to book category among its peers. It is regarded second in net income category among its peers making up about 3,213,124,669 of Net Income per Price To Book. 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.Nokia Net Income vs. Price To Book
Price to Book (P/B) ratio is used to relate a company book value to its current market price. A high P/B ratio indicates that investors expect executives to generate more returns on their investments from a given set of assets. Book value is the accounting value of assets minus liabilities.
Nokia |
| = | 1.32 X |
Price to Book ratio is mostly used in financial services industries where assets and liabilities are typically represented by dollars. Although low Price to Book ratio generally implies that the firm is undervalued, it is often a good indicator that the company may be in financial or managerial distress and should be investigated more carefully.
Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.
Nokia |
| = | 4.25 B |
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
Nokia Net Income Comparison
Nokia is currently under evaluation in net income category among its peers.
Nokia Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Nokia, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Nokia will eventually generate negative long term returns. The profitability progress is the general direction of Nokia's change in net profit over the period of time. It can combine multiple indicators of Nokia, 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.
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.
Nokia Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Nokia. 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 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's important profitability drivers and their relationship over time.
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Shipping Containers
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Shipping Containers theme has 16 constituents at this time.
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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.