Nokia Financial Statements From 2010 to 2024
| NOAA Stock | EUR 4.08 0.02 0.49% |
Check Nokia financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Nokia'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 Valuation or Volatility modules.
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Nokia Company Return On Equity Analysis
Nokia'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 Return On Equity | 0.22 |
Most of Nokia'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 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 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 Germany stocks is 169.84% lower than that of the firm.
Nokia Fundamental Drivers Relationships
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. You can analyze the relationship between different fundamental ratios across Nokia competition to find correlations between indicators driving Nokia's intrinsic value. More Info.Nokia is considered to be number one stock in return on equity category among its peers. It also is considered to be number one stock 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 is roughly 5.39 . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Nokia's earnings, one of the primary drivers of an investment's value.About Nokia Financial Statements
Nokia stakeholders use historical fundamental indicators, such as Nokia's revenue or net income, to determine how well the company is positioned to perform in the future. Although Nokia investors may analyze each financial statement separately, they are all interrelated. For example, changes in Nokia's assets and liabilities are reflected in the revenues and expenses on Nokia'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. Please read more on our technical analysis and fundamental analysis pages.
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Other Information on Investing in Nokia Stock
Nokia 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 security.