Nokia OyjFind Ratings Reports
NOKIA CORP's gross profit margin for the fourth quarter of its fiscal year 2017 is essentially unchanged 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 average liquidity. Currently, the Quick Ratio is 1.27 which shows that technically this company has the ability to cover short-term cash needs. The company's liquidity has decreased from the same period last year.
During the same period, stockholders' equity ("net worth") has decreased by 8.49% from the same quarter last year. Together, the key liquidity measurements indicate that it is relatively unlikely that the company will face financial difficulties in the near future.
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|Income Statement||Q4 FY17||Q4 FY16|
|Net Sales ($mil)||8361.07||5918.7|
|Net Income ($mil)||-487.21||763.91|
|Balance Sheet||Q4 FY17||Q4 FY16|
|Cash & Equiv. ($mil)||9954.22||9840.8|
|Total Assets ($mil)||49319.05||47379.54|
|Total Debt ($mil)||4527.49||4249.29|
|Profitability||Q4 FY17||Q4 FY16|
|Gross Profit Margin||47.19||47.31|
|Return on Assets||-3.64||-1.7|
|Return on Equity||-9.12||-3.73|
|Debt||Q4 FY17||Q4 FY16|
|Share Data||Q4 FY17||Q4 FY16|
|Shares outstanding (mil)||5579.52||5720.5|
|Div / share||0.0||0.0|
|Book value / share||3.48||3.71|
|Institutional Own %||n/a||n/a|
|Avg Daily Volume||1.7260796E7||1.4677773E7|
HOLD. This stock’s P/E ratio is negative, making its value useless in the assessment of premium or discount valuation, only displaying that the company has negative earnings per share. For additional comparison, its price-to-book ratio of 1.68 indicates a significant discount versus the S&P 500 average of 3.18 and a significant discount versus the industry average of 5.50. The price-to-sales ratio is well below both the S&P 500 average and the industry average, indicating a discount. After reviewing these and other key valuation criteria, NOKIA CORP proves to trade at a discount to investment alternatives within the industry.
|NOK NM||Peers 47.06||NOK 14.93||Peers 16.44|
Neutral. The absence of a valid P/E ratio happens when a stock can not be valued on the basis of a negative stream of earnings.
NOK's P/E is negative making this valuation measure meaningless.
Average. 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 is trading at a valuation on par to its peers.
|NOK 14.58||Peers 23.77||NOK NA||Peers 1.24|
Discount. A lower price-to-projected earnings ratio than its peers can signify a less expensive stock or lower future growth expectations.
NOK is trading at a discount 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.
Ratio not available.
|NOK 1.68||Peers 5.50||NOK -138.46||Peers -169.50|
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 1.17||Peers 4.15||NOK 10.36||Peers 4.82|
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.