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Nokia Oyj (NOK) Competitors

Nokia Oyj logo
$4.43 0.00 (0.00%)
(As of 12/20/2024 05:45 PM ET)

NOK vs. NXPI, VRT, LHX, GFS, HUBB, STM, ASX, UI, ALAB, and UMC

Should you be buying Nokia Oyj stock or one of its competitors? The main competitors of Nokia Oyj include NXP Semiconductors (NXPI), Vertiv (VRT), L3Harris Technologies (LHX), GlobalFoundries (GFS), Hubbell (HUBB), STMicroelectronics (STM), ASE Technology (ASX), Ubiquiti (UI), Astera Labs (ALAB), and United Microelectronics (UMC). These companies are all part of the "electronic equipment" industry.

Nokia Oyj vs.

Nokia Oyj (NYSE:NOK) and NXP Semiconductors (NASDAQ:NXPI) are both large-cap computer and technology companies, but which is the better investment? We will contrast the two businesses based on the strength of their risk, analyst recommendations, profitability, dividends, valuation, institutional ownership, media sentiment, community ranking and earnings.

NXP Semiconductors received 114 more outperform votes than Nokia Oyj when rated by MarketBeat users. Likewise, 73.72% of users gave NXP Semiconductors an outperform vote while only 61.13% of users gave Nokia Oyj an outperform vote.

CompanyUnderperformOutperform
Nokia OyjOutperform Votes
994
61.13%
Underperform Votes
632
38.87%
NXP SemiconductorsOutperform Votes
1108
73.72%
Underperform Votes
395
26.28%

Nokia Oyj has a beta of 1.08, suggesting that its share price is 8% more volatile than the S&P 500. Comparatively, NXP Semiconductors has a beta of 1.46, suggesting that its share price is 46% more volatile than the S&P 500.

Nokia Oyj currently has a consensus target price of $6.43, indicating a potential upside of 45.03%. NXP Semiconductors has a consensus target price of $274.14, indicating a potential upside of 30.40%. Given Nokia Oyj's stronger consensus rating and higher probable upside, equities analysts clearly believe Nokia Oyj is more favorable than NXP Semiconductors.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Nokia Oyj
1 Sell rating(s)
1 Hold rating(s)
3 Buy rating(s)
1 Strong Buy rating(s)
2.67
NXP Semiconductors
1 Sell rating(s)
5 Hold rating(s)
14 Buy rating(s)
0 Strong Buy rating(s)
2.65

5.3% of Nokia Oyj shares are owned by institutional investors. Comparatively, 90.5% of NXP Semiconductors shares are owned by institutional investors. 0.1% of NXP Semiconductors shares are owned by insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a company will outperform the market over the long term.

Nokia Oyj pays an annual dividend of $0.08 per share and has a dividend yield of 1.8%. NXP Semiconductors pays an annual dividend of $4.05 per share and has a dividend yield of 1.9%. Nokia Oyj pays out 100.0% of its earnings in the form of a dividend, suggesting it may not have sufficient earnings to cover its dividend payment in the future. NXP Semiconductors pays out 38.6% of its earnings in the form of a dividend. NXP Semiconductors is clearly the better dividend stock, given its higher yield and lower payout ratio.

In the previous week, Nokia Oyj had 3 more articles in the media than NXP Semiconductors. MarketBeat recorded 17 mentions for Nokia Oyj and 14 mentions for NXP Semiconductors. NXP Semiconductors' average media sentiment score of 0.41 beat Nokia Oyj's score of 0.37 indicating that NXP Semiconductors is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Nokia Oyj
4 Very Positive mention(s)
1 Positive mention(s)
12 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Neutral
NXP Semiconductors
5 Very Positive mention(s)
5 Positive mention(s)
3 Neutral mention(s)
0 Negative mention(s)
1 Very Negative mention(s)
Neutral

NXP Semiconductors has lower revenue, but higher earnings than Nokia Oyj. NXP Semiconductors is trading at a lower price-to-earnings ratio than Nokia Oyj, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Nokia Oyj$19.77B1.22$719.73M$0.0855.38
NXP Semiconductors$12.93B4.13$2.80B$10.4820.06

NXP Semiconductors has a net margin of 20.98% compared to Nokia Oyj's net margin of 2.18%. NXP Semiconductors' return on equity of 33.57% beat Nokia Oyj's return on equity.

Company Net Margins Return on Equity Return on Assets
Nokia Oyj2.18% 8.32% 4.44%
NXP Semiconductors 20.98%33.57%13.21%

Summary

NXP Semiconductors beats Nokia Oyj on 15 of the 21 factors compared between the two stocks.

New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding {thisCompany.Symbol} and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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Media Sentiment Over Time

This chart shows the average media sentiment of NYSE and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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NOK vs. The Competition

MetricNokia OyjRadio & t.v. communications equipment IndustryComputer SectorNYSE Exchange
Market Cap$24.15B$11.29B$25.69B$19.18B
Dividend Yield1.96%1.55%2.77%3.59%
P/E Ratio55.3815.50241.2441.28
Price / Sales1.225.693,316.0417.59
Price / Cash8.6516.0535.6621.28
Price / Book1.1217.328.075.32
Net Income$719.73M$254.60M$678.74M$989.88M
7 Day Performance-1.12%-2.60%0.45%-3.54%
1 Month Performance7.13%19.86%7.00%-3.68%
1 Year Performance35.06%34.70%23.04%12.14%

Nokia Oyj Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
NOK
Nokia Oyj
3.5357 of 5 stars
$4.43
flat
$6.43
+45.0%
+36.3%$24.15B$19.77B55.3886,689
NXPI
NXP Semiconductors
4.7602 of 5 stars
$218.23
+0.6%
$274.14
+25.6%
-5.7%$55.46B$12.93B20.6934,200
VRT
Vertiv
4.5978 of 5 stars
$125.87
+0.1%
$140.09
+11.3%
+154.1%$47.24B$7.53B83.1527,000
LHX
L3Harris Technologies
4.958 of 5 stars
$222.40
-0.3%
$269.13
+21.0%
+3.4%$42.18B$21.14B35.3550,000Insider Trade
GFS
GlobalFoundries
3.5578 of 5 stars
$44.12
+0.5%
$50.21
+13.8%
-28.1%$24.34B$6.77B32.7512,000
HUBB
Hubbell
4.1363 of 5 stars
$451.96
-0.4%
$472.13
+4.5%
+32.9%$24.26B$5.37B32.6818,317
STM
STMicroelectronics
3.6017 of 5 stars
$25.63
-2.5%
$36.26
+41.5%
-49.9%$23.15B$17.29B10.5651,323Ex-Dividend
Gap Down
ASX
ASE Technology
4.6843 of 5 stars
$10.33
+1.7%
N/A+12.8%$22.68B$593.73B22.5892,894Positive News
UI
Ubiquiti
2.5795 of 5 stars
$350.55
+1.6%
$310.50
-11.4%
+154.4%$21.20B$1.93B53.391,515Positive News
ALAB
Astera Labs
2.4857 of 5 stars
$131.28
-0.7%
$94.67
-27.9%
N/A$20.82B$305.71M0.00225Analyst Forecast
Gap Down
UMC
United Microelectronics
2.5715 of 5 stars
$6.40
+0.2%
$7.40
+15.6%
-16.4%$16.04B$7.25B9.8319,833Positive News

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This page (NYSE:NOK) was last updated on 12/21/2024 by MarketBeat.com Staff
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