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Is this Large Market Cap Stock target price reasonable for Nokia Corporation (NYSE:NOK)?

The company in question is, Nokia Corporation (NYSE:NOK) currently with a stock price of 5.82 (0.87% today). The market cap for Nokia Corporation is 33474.89, and is in the sector Technology, and Communication Equipment industry. The target price for Nokia Corporation is 7.18. Currently Nokia Corporation is trading with a P/E of 32.42, and a forward P/E of 16.77. Average volume for Nokia Corporation is 13948.56 and so far today it is 5406324.

Performance in the last year for Nokia Corporation has been -8.50%. For EPS growth, Nokia Corporation has seen a growth of -53.90%, and is looking to grow in the next year to 45.76%. More long term stats show that EPS growth has been -9.50% over the last five years and could be 22.43% for the next five years. Nokia Corporation has seen sales growth quarter over quarter at 87.40%, with EPS growth quarter over quarter at -300.10%. The 20-day simple moving average is 7.07%, with the 200-day simple moving average coming to -3.45%.

Since the IPO date for Nokia Corporation on the 1/3/1994, Nokia Corporation has seen performance year to date to be -13.19%. With Nokia Corporation trading at 5.82, the dividend yield is 5.03%, and the EPS is 0.18.

So could Nokia Corporation, be undervalued? Well as said before P/E is 32.42. The PEG is 1.45, P/S is 2.02 and the P/B is at 1.43. The P/cash is 2.39, with P/free cash flow at *TBA.

Nokia Corporation ability to deal with debt shows that the current ratio is 1.9, and the quick ratio is 1.7. This is with long term debt/equity at 0.19, and total debt/equity at 0.22.

In terms of margins, Nokia Corporation has a gross margin of 38.90%, an operating margin of *TBA and a profit margin of *TBA.Payout ratio for Nokia Corporation is *TBA. Return on assets come to *TBA with return on investment coming to 10.60%.

Insider ownership for Nokia Corporation, is at *TBA and institutional ownership comes to 4.20%. Outstanding shares are at 5801.54. While shares float is 5773.99. The float short is currently 0.57%, and short ratio is 2.36.

Disclaimer: Remember there is a risk to your investment, this is not a recommendation, nor personal advice, never invest more than you are able too loose.

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Peter Clarke

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