Intrinsiqs

Is Nokia Oyj overvalued?

Nokia Oyj (NOK) looks overvalued — trading about 31% above its fair value.

Overvalued
Current price $10.38 Fair value $7.18
Price
$10.38
Fair value
$7.18
Current P/E
26.6
Normal P/E
18.4
Market cap
$56.09B
Dividend yield
1.5%
Return on equity
3.4%
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 17 Aug 2026.

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