NOK  Nokia Corporation

Exchange

NYSE

Sector

Technology

Industry

Radio And Television Broadcasting And Communications Equipment

Market Cap.

34.36B

Very Poor Cash Return on Invested Capital over the past 5 years

NOK has failed to generate positive returns on its investments in buildings, projects and equipment. This could be due to poor management, lack of an economic moat or the capital intensive nature of the business.

NOK has lost $1.59 of cash for every $100 invested.
Figures in EUR. Fiscal year ends in December
20122013201420152016
Free Cash Flow -815.00M -335.00M 964.00M 193.00M -1.93B
divided by
Invested Capital 5.39B 6.44B 5.79B 4.58B 22.67B
Cash ROIC -15.11% -5.20% 16.64% 4.21% -8.52%

Very Poor Return on Equity over the past 5 years

NOK has shown an inability to deliver results for shareholders. This could be due to poor management, NOK operating in a highly competitive industry, or having a weak business in general.

NOK has generated a $5.19 loss for every $100 of Shareholders' Equity.
Figures in EUR. Fiscal year ends in December
20122013201420152016
Net Income -3.79B 41.00M 1.17B 1.19B -912.00M
divided by
Stockholders' Equity 8.06B 6.47B 8.61B 10.50B 20.09B
Return on Equity -47.00% 0.63% 13.60% 11.37% -4.54%

Good Business Performance over the past 10 years

It's likely NOK has been unable to maintain profitability in tough economic times, making it a somewhat cyclical business. The other possibility is NOK has expended significant capital on items such as property, plant and equipment in specific years. Look for correlations.

NOK has created positive free cash flow for 7 or 8 of the past 10 years.
Figures in EUR. Fiscal year ends in December
2007200820092010201120122013201420152016
Free Cash Flow 7.00B 2.19B 2.69B 4.10B 540.00M -815.00M -335.00M 964.00M 193.00M -1.93B