Stocktoria
Nokia Oyj NOKIA.HE
FI · Nasdaq Helsinki · XHEL · stock · Technology · website
Nokia Oyj statistics & valuation
Market cap€64.5B
P / E99.1×
P / S3.2×
P / B3.1×
P / FCF44.0×
Dividend yield1.18%
Net margin3.3%
Return on equity3.1%
FCF margin7.4%
Multiples are price-derived and refreshed daily; everything else is from filings.
P / E vs its own history
Nokia Oyj trades at about 96.3× earnings — above its 10-year norm (10-year range 5.8×–45.2×, median 27.7×).
5.8×
96.3×
Shaded band = 10-year range (5.8×–45.2×); dot = today's 96.3×.
Historical P/E = month-end price near each fiscal year-end ÷ that year's EPS. A read on whether the stock is cheap or dear relative to how it has typically been valued — not a forecast.
Key ratios (by fiscal year)
| Ratio | FY2025 | FY2024 | FY2023 | FY2022 |
|---|---|---|---|---|
| Gross margin | 43.5% | 46.1% | 40.4% | 42.5% |
| Operating margin | 3.9% | 8.3% | 7.0% | 10.3% |
| Net margin | 3.3% | 6.6% | 3.1% | 17.9% |
| FCF margin | 7.4% | 10.5% | 3.1% | 3.7% |
| Return on assets | 1.7% | 3.3% | 1.7% | 9.9% |
| Return on equity | 3.1% | 6.2% | 3.2% | 19.9% |
| Debt / equity | 0.11× | 0.14× | 0.18× | 0.20× |
| Current ratio | 1.58 | 1.58 | 1.66 | 1.59 |
Source: company filings via Yahoo Finance · FI · as of 2025-12-31. Figures in EUR; non-US fundamentals are aggregated by Yahoo (shorter history); facts plus Stocktoria's own computed scores — not investment advice.