Intrinsiqq

Nokia Oyj (NOK) Quality Score

NOK
Quality23

Weak across most dimensions. This doesn't mean avoid, but the burden of proof is on the bull case.

Broad-market heuristics · Not a buy/sell signal

Valuation

Growth

Earnings Multiple
40/100
69.2x

Above 30x, priced for sustained outperformance

Cash Flow Multiple
40/100
100.8x

Above 30x, cash flow yield is thin

Revenue Growth
0/100
-5.0%

Below 2%, essentially flat

Cash Flow Growth
0/100
-11.5%

Below 2%, essentially flat

Business Quality & Capital Allocation

Share Dilution
30/100
3.3%

Diluting 2–5%, watch for SBC

Margin Trend
0/100
-6.5pp

Contracted >2pp, margin pressure

Capital Structure
100/100
-€2.35B

Net cash position, no leverage concern

2022
€9.16B
€5.52B
2023
€8.24B
€5.19B
2024
€8.91B
€4.75B
2025
€6.76B
€4.41B
Return on Capital
0/100
2.1%

Below 8%, may not cover cost of capital

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Nokia Oyj (NOK) quality: score, margins and returns

Nokia Oyj (NOK) scores 23/100 on Intrinsiqq's quality score (a lower-quality business), a weighted blend of 8 metrics each scored 0 to 100, on 3.4% operating margins and 2.1% ROIC. Every metric is computed from company filings; this is analysis, not investment advice.

Frequently asked

Is Nokia Oyj (NOK) a high-quality business?+

Nokia Oyj scores 23 out of 100 on Intrinsiqq's quality score, a weighted blend of 8 metrics each scored 0 to 100, which rates it a lower-quality business on these measures. Recent figures include a 3.4% operating margin and a 2.1% return on invested capital. Quality and price are separate questions: even a great business can be a poor investment if you overpay, so read this score alongside the valuation. The metric-by-metric breakdown is on this scorecard.

What does Nokia Oyj's quality score measure?+

Intrinsiqq's quality score weighs revenue and free-cash-flow growth, operating margins, return on invested capital, change in share count, and balance-sheet strength, each computed from NOK's company filings rather than opinion or sentiment. A higher score means a more durable, capital-efficient business; it is not a buy or sell signal. Open each metric on this page to see exactly where Nokia Oyj scores well and where it falls behind.

What is Nokia Oyj's return on invested capital (ROIC)?+

Nokia Oyj earns about 2.1% on its invested capital, which is weak. ROIC measures how much profit a company generates per dollar put to work; sustained ROIC above its cost of capital is one of the clearest signs of a real competitive moat. Compare it to NOK's margins and growth on this scorecard to judge durability.

How profitable is Nokia Oyj?+

Nokia Oyj runs an operating margin of about 3.4% and a net margin of about 3.5%. Revenue has grown at roughly -2.7% a year recently. High, stable margins usually point to pricing power and operating discipline. Margins are most telling next to growth and returns on capital, all of which feed this quality score. This is analysis from company filings, not investment advice.

Data sourced from company filings and third-party price providers. Scores, valuations, and metrics are algorithmic estimates. This is not investment advice. See our Terms and Methodology.

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Intrinsiqq is a Netherlands-based company operating in Rotterdam, KvK 73238007.