Nokia made the switch to Windows
devices last year. Its Lumia smartphone devices have met some success
in a market dominated by Apple and Android devices in North America. However, its becoming difficult to decipher the value in the company.
The Metrics
| Metric | Nokia Stock | Buy/ Hold/ Sell |
|---|---|---|
Price to Earnings
|
N/A
|
Sell
|
Price to Book
|
1.23
|
Hold
|
Profit Margin
|
-10.29%
|
Sell
|
Dividend Yield
|
0%
|
Hold/ Sell
|
Payout ratio
|
N/A
|
N/A
|
Free Cash Flow
|
335M
|
Sell
|
Graham Index
|
-8.13
|
Strong Sell
|
Total Current Assets
|
27B
|
Is there hope?
At this point, all numbers point
downwards. I suspect Nokia is still too expensive to buy. However,
increasingly, the sales of smartphones in developed markets represent
under 10% of the stock price valuation. Hopefully, in the next few
quarters the numbers will start looking better specially in terms of
profit margins.
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