Nokia Financial Statements From 2010 to 2024
| NOKI34 Stock | BRL 25.71 0.34 1.34% |
Check Nokia Oyj financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Nokia Oyj'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 Oyj Valuation or Volatility modules.
Nokia |
Nokia Oyj Company Return On Equity Analysis
Nokia Oyj'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 Oyj Return On Equity | 0.22 |
Most of Nokia Oyj'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 Oyj 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 Oyj 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 Brazil stocks is 169.84% lower than that of the firm.
Nokia Oyj Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Nokia Oyj's current stock value. Our valuation model uses many indicators to compare Nokia Oyj value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Nokia Oyj competition to find correlations between indicators driving Nokia Oyj's intrinsic value. More Info.Nokia Oyj is regarded third in return on equity category among its peers. It is regarded fourth 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 Oyj is roughly 5.39 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Nokia Oyj by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Nokia Oyj'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 Oyj Financial Statements
Nokia Oyj stakeholders use historical fundamental indicators, such as Nokia Oyj's revenue or net income, to determine how well the company is positioned to perform in the future. Although Nokia Oyj investors may analyze each financial statement separately, they are all interrelated. For example, changes in Nokia Oyj's assets and liabilities are reflected in the revenues and expenses on Nokia Oyj's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Nokia Oyj. Please read more on our technical analysis and fundamental analysis pages.
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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.Other Information on Investing in Nokia Stock
Nokia Oyj financial ratios help investors to determine whether Nokia Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Nokia with respect to the benefits of owning Nokia Oyj security.