Nokia Corp Adr Stock Today

NOK Stock  USD 4.18  0.05  1.21%   

Performance

1 of 100

 
Weak
 
Strong
Weak

Odds Of Distress

Less than 8

 
High
 
Low
Low
Nokia Corp is selling for 4.18 as of the 24th of November 2024. This is a 1.21% increase since the beginning of the trading day. The stock's last reported lowest price was 4.15. Nokia Corp has only a 8 % chance of going through financial distress over the next few years but had a somewhat weak performance during the last 90 days. Note, on July 12, 2024, Senator John Fetterman of US Senate acquired under $15k worth of Nokia Corp ADR's common stock.
Business Domain
Technology Hardware & Equipment
IPO Date
3rd of January 1994
Category
Technology
Classification
Information Technology
Nokia Oyj provides mobile, fixed, and cloud network solutions worldwide. Nokia Oyj was founded in 1865 and is headquartered in Espoo, Finland. Nokia Corp operates under Communication Equipment classification in the United States and is traded on New York Stock Exchange. The company has 5.4 B outstanding shares of which 58.43 M shares are now shorted by investors with about 2.76 days to cover. More on Nokia Corp ADR

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Nokia Stock Highlights

ESG Sustainability
Environmental
Governance
Social
CEOBasil Alwan
Old NameNok Airlines PCL
Business ConcentrationCommunications Equipment, Technology Hardware & Equipment, Information Technology, Information Technology, Communications Equipment, Communication Equipment, Technology (View all Sectors)
Average Analyst Recommendation
Financial Strength
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover0.530.5584
Notably Down
Slightly volatile
Gross Profit Margin0.290.3972
Way Down
Pretty Stable
Total Current Liabilities11.9 B10.9 B
Significantly Up
Pretty Stable
Non Current Liabilities Total13.8 B13.1 B
Sufficiently Up
Slightly volatile
Total Assets30.7 B39.9 B
Significantly Down
Slightly volatile
Total Current Assets19.3 B18.2 B
Notably Up
Pretty Stable
Debt Levels
Nokia Corp can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Nokia Corp's financial leverage. It provides some insight into what part of Nokia Corp's total assets is financed by creditors.
Liquidity
Nokia Corp ADR has 5.19 B in debt with debt to equity (D/E) ratio of 0.29, which may show that the company is not taking advantage of profits from borrowing. Nokia Corp ADR has a current ratio of 1.5, which is typical for the industry and considered as normal. Note however, debt could still be an excellent tool for Nokia to invest in growth at high rates of return.

Other Non Cash Items

(1.86 Billion)
Nokia Corp ADR (NOK) is traded on New York Stock Exchange in USA. It is located in Karakaari 7, Espoo, Finland, 02610 and employs 86,689 people. Nokia Corp is listed under Communications Equipment category by Fama And French industry classification. The company currently falls under 'Large-Cap' category with a total capitalization of 22.69 B. Nokia Corp ADR runs under Communications Equipment sector within Information Technology industry. The entity has 5.4 B outstanding shares of which 58.43 M shares are now shorted by investors with about 2.76 days to cover. Nokia Corp ADR has about 5.47 B in cash with 1.32 B of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.7.
Check Nokia Corp Probability Of Bankruptcy
Ownership Allocation
Nokia Corp ADR maintains a total of 5.4 Billion outstanding shares. Roughly 93.0 % of Nokia Corp outstanding shares are held by general public with 7.0 % by institutional investors. Please note that on July 12, 2024, Senator John Fetterman of US Senate acquired under $15k worth of Nokia Corp ADR's common stock.
Check Nokia Ownership Details

Nokia Stock Institutional Holders

InstituionRecorded OnShares
Penserra Capital Management, Llc2024-06-30
3.6 M
Ubs Group Ag2024-06-30
3.6 M
First Trust Advisors L.p.2024-06-30
3.5 M
Deutsche Bank Ag2024-06-30
3.1 M
State Of Tennessee, Treasury Department2024-06-30
2.8 M
Royal Bank Of Canada2024-06-30
2.7 M
Sei Investments Co2024-06-30
2.5 M
Citadel Advisors Llc2024-09-30
2.3 M
Tsp Capital Management Group/llc2024-09-30
2.2 M
Artisan Partners Limited Partnership2024-09-30
105.1 M
Pzena Investment Management, Llc2024-09-30
90.8 M
View Nokia Corp Diagnostics

Nokia Corp Historical Income Statement

At this time, Nokia Corp's Total Operating Expenses 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 Selling General Administrative will most likely fall to about 2.7 B. View More Fundamentals

Nokia Stock Against Markets

Nokia Corp Corporate Directors

Bruce BrownNon-Executive Independent DirectorProfile
Edward KozelNon-Executive Independent DirectorProfile
Jeanette HoranNon-Executive Independent DirectorProfile
Thomas DannenfeldtNon-Executive Independent DirectorProfile
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 to better understand how to build diversified portfolios, which includes a position in Nokia Corp ADR. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons.
You can also try the Earnings Calls module to check upcoming earnings announcements updated hourly across public exchanges.
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
0.16
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.