Intrinsiqs

Is Nokia Oyj overvalued?

Nokia Oyj (NOK) looks overvalued — trading about 40% above its fair value.

Overvalued
Current price $12.06 Fair value $7.18
Price
$12.06
Fair value
$7.18
Current P/E
30.9
Normal P/E
18.4
Market cap
$65.13B
Dividend yield
2.5%
Return on equity
3.0%
Sector
Technology

See the full interactive analysis →

Fair value compares NOK's current P/E to its own historical "normal" P/E (FAST Graphs-style). Updated 4 Jul 2026.

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