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Nokia Oyj (NOK) Competitors

Nokia Oyj logo
$4.24 +0.09 (+2.17%)
(As of 11/20/2024 ET)

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

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), Hubbell (HUBB), GlobalFoundries (GFS), STMicroelectronics (STM), ASE Technology (ASX), Ubiquiti (UI), United Microelectronics (UMC), and Astera Labs (ALAB). 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 business? We will compare the two companies based on the strength of their profitability, risk, community ranking, institutional ownership, media sentiment, earnings, valuation, dividends and analyst recommendations.

Nokia Oyj currently has a consensus target price of $4.56, suggesting a potential upside of 7.61%. NXP Semiconductors has a consensus target price of $276.76, suggesting a potential upside of 25.61%. Given NXP Semiconductors' stronger consensus rating and higher probable upside, analysts plainly believe NXP Semiconductors is more favorable than Nokia Oyj.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Nokia Oyj
2 Sell rating(s)
4 Hold rating(s)
3 Buy rating(s)
1 Strong Buy rating(s)
2.30
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 held by institutional investors. Comparatively, 90.5% of NXP Semiconductors shares are held by institutional investors. 0.1% of NXP Semiconductors shares are held by insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a company will outperform the market over the long term.

Nokia Oyj pays an annual dividend of $0.09 per share and has a dividend yield of 2.1%. NXP Semiconductors pays an annual dividend of $4.06 per share and has a dividend yield of 1.8%. Nokia Oyj pays out 112.5% 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 38.7% of its earnings in the form of a dividend.

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%

NXP Semiconductors received 115 more outperform votes than Nokia Oyj when rated by MarketBeat users. Likewise, 73.70% of users gave NXP Semiconductors an outperform vote while only 61.08% of users gave Nokia Oyj an outperform vote.

CompanyUnderperformOutperform
Nokia OyjOutperform Votes
992
61.08%
Underperform Votes
632
38.92%
NXP SemiconductorsOutperform Votes
1107
73.70%
Underperform Votes
395
26.30%

Nokia Oyj has a beta of 1.12, indicating that its stock price is 12% more volatile than the S&P 500. Comparatively, NXP Semiconductors has a beta of 1.49, indicating that its stock price is 49% more volatile than the S&P 500.

In the previous week, NXP Semiconductors had 5 more articles in the media than Nokia Oyj. MarketBeat recorded 18 mentions for NXP Semiconductors and 13 mentions for Nokia Oyj. NXP Semiconductors' average media sentiment score of 0.98 beat Nokia Oyj's score of 0.24 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
3 Very Positive mention(s)
1 Positive mention(s)
7 Neutral mention(s)
2 Negative mention(s)
0 Very Negative mention(s)
Neutral
NXP Semiconductors
12 Very Positive mention(s)
2 Positive mention(s)
3 Neutral mention(s)
1 Negative mention(s)
0 Very Negative mention(s)
Positive

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$24.09B0.96$719.73M$0.0853.00
NXP Semiconductors$13.28B4.22$2.80B$10.4821.02

Summary

NXP Semiconductors beats Nokia Oyj on 17 of the 21 factors compared between the two stocks.

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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$23.12B$11.80B$23.64B$19.87B
Dividend Yield1.93%1.54%2.77%3.52%
P/E Ratio53.0014.76269.7642.95
Price / Sales0.963.033,234.5919.16
Price / Cash8.6115.6232.4517.86
Price / Book1.0716.637.365.52
Net Income$719.73M$264.39M$660.95M$986.45M
7 Day Performance-5.57%0.87%0.24%0.45%
1 Month Performance-11.30%-2.01%0.82%1.05%
1 Year Performance19.94%34.78%18.79%24.67%

Nokia Oyj Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
NOK
Nokia Oyj
1.2603 of 5 stars
$4.24
+2.2%
$4.56
+7.6%
+18.1%$22.63B$24.09B53.0086,689Gap Up
NXPI
NXP Semiconductors
4.842 of 5 stars
$220.34
+0.2%
$276.76
+25.6%
+8.4%$55.89B$13.28B21.0234,200
VRT
Vertiv
4.1224 of 5 stars
$137.56
-2.4%
$138.50
+0.7%
+208.7%$52.90B$6.86B91.7127,000Dividend Increase
Analyst Forecast
Positive News
LHX
L3Harris Technologies
4.6238 of 5 stars
$244.36
+0.3%
$267.50
+9.5%
+31.0%$46.20B$19.42B38.6050,000Ex-Dividend
Positive News
HUBB
Hubbell
3.9557 of 5 stars
$445.58
-1.5%
$445.56
0.0%
+48.1%$24.28B$5.37B32.1018,317
GFS
GlobalFoundries
3.4952 of 5 stars
$41.66
-1.7%
$50.21
+20.5%
-28.7%$23.38B$7.39B31.0912,000Analyst Forecast
STM
STMicroelectronics
4.1455 of 5 stars
$24.51
-0.2%
$37.63
+53.6%
-47.1%$22.17B$17.29B10.0851,323
ASX
ASE Technology
4.3812 of 5 stars
$9.76
-1.0%
N/A+12.6%$21.64B$18.69B21.6992,894
UI
Ubiquiti
2.0281 of 5 stars
$340.73
-0.9%
$310.50
-8.9%
+185.3%$20.80B$1.93B52.741,515Ex-Dividend
UMC
United Microelectronics
2.0671 of 5 stars
$6.80
-2.6%
$7.40
+8.8%
-14.5%$17.49B$7.25B10.4619,833
ALAB
Astera Labs
1.4676 of 5 stars
$97.42
+2.4%
$94.67
-2.8%
N/A$15.10B$115.79M0.00225Analyst Forecast
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This page (NYSE:NOK) was last updated on 11/21/2024 by MarketBeat.com Staff
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