Nokia Shares Outstanding vs. Current Valuation

NOKN Stock  MXN 85.00  1.00  1.16%   
Based on the key profitability measurements obtained from Nokia's financial statements, Nokia may not be well positioned to generate adequate gross income at the moment. It has a very high risk of underperforming in December. Profitability indicators assess Nokia's ability to earn profits and add value for shareholders.
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.
  
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Please note, there is a significant difference between Nokia's value and its price as these two are different measures arrived at by different means. Investors typically determine if Nokia is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Nokia'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 Current Valuation vs. Shares Outstanding 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 rated below average in shares outstanding category among its peers. It also is rated below average in current valuation category among its peers reporting about  84.34  of Current Valuation per Shares Outstanding. 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 Current Valuation vs. Shares Outstanding

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

Shares Outstanding

 = 

Public Shares

-

Repurchased

 = 
5.59 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.
Enterprise Value is a firm valuation proxy that approximates the current market value of a company. It is typically used to determine the takeover or merger price of a firm. Unlike Market Cap, this measure takes into account the entire liquid asset, outstanding debt, and exotic equity instruments that the company has on its balance sheet. When a takeover occurs, the parent company will have to assume the target company's liabilities but will take possession of all cash and cash equivalents.

Nokia

Enterprise Value

 = 

Market Cap + Debt

-

Cash

 = 
471.49 B
Enterprise Value can be a useful tool to compare companies with different capital structures. Long term liability and current cash or cash equivalents can have a huge impact on market valuation of a given company.

Nokia Current Valuation vs Competition

Nokia is rated below average in current valuation category among its peers. After adjusting for long-term liabilities, total market size of Communication Equipment industry is now estimated at about 5.49 Trillion. Nokia holds roughly 471.49 Billion in current valuation claiming about 9% of stocks in Communication Equipment industry.

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.

Learn to be your own money manager

Our tools can tell you how much better you can do entering a position in Nokia without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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Use Investing Themes to Complement your Nokia position

In addition to having Nokia in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

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Utilities
Utilities Theme
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Utilities theme has 61 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Utilities Theme or any other thematic opportunities.
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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.