NOK  Nokia Corporation

Exchange

NYSE

Sector

Technology

Industry

Radio And Television Broadcasting And Communications Equipment

Market Cap.

27.19B

Highly Competitive Industry over the past 10 years

It's likely that NOK is in an industry with low barriers to entry, spurring high competition. If Gross Margins are at least satisfactory, it's likely NOK invests heavily in R&D and Sales, General & Administrative expenses.

Only $4.25 of every $100 of Revenue have been profit, on average over the past 10 years.
Figures in EUR. Fiscal year ends in December
2006200720082009201020112012201320142015
Net Income 4.31B 7.20B 4.00B 891.00M 1.85B -1.16B -3.79B 41.00M 1.17B 1.19B
divided by
Revenue 41.16B 51.00B 50.91B 40.98B 42.45B 38.66B 30.18B 12.71B 12.73B 12.50B
Net Profit Margin 10.47% 14.11% 7.86% 2.17% 4.36% -3.01% -12.56% 0.32% 9.20% 9.55%

Growing Pricing Power over the past 10 years

NOK has growing gross margins, suggesting that they have been able to set higher prices without consideration of the cost of goods sold. Look at its future prospects to determine sustainability and whether the economic moat will continue to strengthen.

$35.03 of every $100 worth of sales have been Gross Profit, on average over the past 10 years.
Figures in EUR. Fiscal year ends in December
2006200720082009201020112012201320142015
Gross Profit 13.39B 17.28B 17.44B 13.26B 12.82B 11.32B 8.39B 5.35B 5.64B 5.45B
divided by
Revenue 41.16B 51.00B 50.91B 40.98B 42.45B 38.66B 30.18B 12.71B 12.73B 12.50B
Gross Margin 32.53% 33.89% 34.26% 32.36% 30.20% 29.28% 27.80% 42.06% 44.28% 43.63%

High Capital Intensity over the past 10 years

NOK spends large amounts of capital buying new equipment or investing in new facilities to stay competitive. Over the long term, those costs may have to be fuelled by debt. Look at the growth of Shareholders' Equity to see if this strategy is having a positive or negative impact.

150.07% of Profits are being spent on Capital Expenditures, like Property, Plant, & Equipment, required to run the business.
Figures in EUR. Fiscal year ends in December
2006200720082009201020112012201320142015
Capital Expenditure 777.31M 870.69M 1.02B 558.00M 679.00M 597.00M 461.00M 407.00M 311.00M 314.00M
divided by
Net Income 4.31B 7.20B 4.00B 891.00M 1.85B -1.16B -3.79B 41.00M 1.17B 1.19B
Capital Expenditure Ratio 18.04% 12.10% 25.57% 62.63% 36.70% -51.29% -12.17% 992.68% 26.56% 26.30%