Nokia OyjFind Ratings Reports
NOKIA CORP's gross profit margin for the first quarter of its fiscal year 2016 has increased when compared to the same period a year ago. Even though sales increased, the net income has decreased, representing a decrease to the bottom line. NOKIA CORP has strong liquidity. Currently, the Quick Ratio is 1.59 which shows the ability to cover short-term cash needs. The company's liquidity has increased from the same period last year.
At the same time, stockholders' equity ("net worth") has greatly increased by 139.86% from the same quarter last year. The key liquidity measurements indicate that the company is unlikely to face financial difficulties in the near future.
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|Income Statement||Q1 FY16||Q1 FY15|
|Net Sales ($mil)||6381.82||3151.41|
|Net Income ($mil)||-584.31||190.12|
|Balance Sheet||Q1 FY16||Q1 FY15|
|Cash & Equiv. ($mil)||14221.55||8072.94|
|Total Assets ($mil)||53141.18||23646.31|
|Total Debt ($mil)||4829.36||3054.74|
|Profitability||Q1 FY16||Q1 FY15|
|Gross Profit Margin||46.58||42.64|
|Return on Assets||3.58||19.91|
|Return on Equity||2.16||33.75|
|Debt||Q1 FY16||Q1 FY15|
|Share Data||Q1 FY16||Q1 FY15|
|Shares outstanding (mil)||5711.84||3623.8|
|Div / share||0.0||0.0|
|Book value / share||4.13||2.72|
|Institutional Own %||n/a||n/a|
|Avg Daily Volume||1.4206305E7||1.3708725E7|
HOLD. NOKIA CORP's P/E ratio indicates a premium compared to an average of 27.55 for the Communications Equipment industry and a premium compared to the S&P 500 average of 25.05. To use another comparison, its price-to-book ratio of 1.41 indicates a discount versus the S&P 500 average of 2.81 and a significant discount versus the industry average of 3.09. The price-to-sales ratio is similar to the S&P 500 average, but it is significantly below the industry average, indicating a discount.
|NOK 32.33||Peers 27.55||NOK NM||Peers 12.38|
Premium. A higher P/E ratio than its peers can signify a more expensive stock or higher growth expectations.
NOK is trading at a premium to its peers.
Neutral. The P/CF ratio, a stock’s price divided by the company's cash flow from operations, is useful for comparing companies with different capital requirements or financing structures.
NOK's P/CF is negative making the measure meaningless.
|NOK 17.37||Peers 18.33||NOK NM||Peers 0.62|
Premium. A higher price-to-projected earnings ratio than its peers can signify a more expensive stock or higher future growth expectations.
NOK is trading at a significant premium to its peers.
Neutral. The PEG ratio is the stock’s P/E divided by the consensus estimate of long-term earnings growth. Faster growth can justify higher price multiples.
NOK's negative PEG ratio makes this valuation measure meaningless.
|NOK 1.41||Peers 3.09||NOK -78.32||Peers 51.41|
Discount. A lower price-to-book ratio makes a stock more attractive to investors seeking stocks with lower market values per dollar of equity on the balance sheet.
NOK is trading at a significant discount to its peers.
Lower. Elevated earnings growth rates can lead to capital appreciation and justify higher price-to-earnings ratios.
However, NOK is expected to significantly trail its peers on the basis of its earnings growth rate.
|NOK 1.98||Peers 3.14||NOK 22.51||Peers 10.39|
Discount. In the absence of P/E and P/B multiples, the price-to-sales ratio can display the value investors are placing on each dollar of sales.
NOK is trading at a significant discount to its industry on this measurement.
Higher. A sales growth rate that exceeds the industry implies that a company is gaining market share.
NOK has a sales growth rate that significantly exceeds its peers.