This company is transferred to the archive: financial data is no longer updated!
Nokia Corp. (NOK) | Enterprise Value (EV)
Current Enterprise Value (EV)
Nokia Corp., current enterprise value calculation
| Current share price (P) | $ 5.08 |
| No. shares of common stock outstanding | 3,744,956,052 |
| USD $ in millions | |
| Common equity (market value) | 19,024 |
| Add: Non-controlling interests (per books) | 2,650 |
| Total equity | 21,675 |
| Add: Long-term interest-bearing liabilities, excluding current portion (per books) | 5,149 |
| Add: Current portion of long-term loans (per books) | 463 |
| Add: Short-term borrowings (per books) | 1,291 |
| Total equity and debt | 28,578 |
| Less: Other financial assets | 649 |
| Less: Liquid assets | 2,161 |
| Less: Cash and cash equivalents | 11,982 |
| Enterprise value (EV) | 13,786 |
ADVERTISEMENT
Historical Enterprise Value (EV)
Nokia Corp., EV calculation
| Dec 31, 2011 | Dec 31, 2010 | Dec 31, 2009 | Dec 31, 2008 | Dec 31, 2007 | ||
|---|---|---|---|---|---|---|
| No. shares of common stock outstanding1 | 3,744,956,052 | 3,744,956,052 | 3,744,956,052 | 3,800,948,552 | 3,982,811,957 | |
| Share price1, 2 (USD $) | 5.08 | 8.49 | 14.84 | 9.11 | 29.30 | |
| USD $ in millions | ||||||
| Common equity (market value) | 19,024 | 31,795 | 55,575 | 34,627 | 116,696 | |
| Add: Non-controlling interests (per books) | 2,650 | 2,451 | 2,381 | 3,204 | 3,746 | |
| Total equity | 21,675 | 34,246 | 57,956 | 37,831 | 120,442 | |
| Add: Short-term borrowings (per books) | 1,291 | 1,222 | 1,042 | 4,981 | 1,043 | |
| Add: Long-term interest-bearing liabilities, excluding current portion (per books) | 5,149 | 5,629 | 6,352 | 1,198 | 296 | |
| Add: Current portion of long-term loans (per books) | 463 | 154 | 63 | 18 | 253 | |
| Add: Short-term borrowings (per books) | 1,291 | 1,222 | 1,042 | 4,981 | 1,043 | |
| Total equity and debt | 28,578 | 41,251 | 65,413 | 44,028 | 122,034 | |
| Less: Other financial assets | 649 | 502 | 472 | 1,439 | 349 | |
| Less: Liquid assets | 2,161 | 6,214 | 4,224 | 1,771 | 7,160 | |
| Less: Cash and cash equivalents | 11,982 | 10,074 | 8,494 | 7,723 | 10,003 | |
| Enterprise value (EV) | 13,786 | 24,461 | 52,224 | 33,095 | 104,522 | |
2 Close price on the filing date of Nokia Corp.'s Annual Report.
| Item | Description | The company |
|---|---|---|
| EV | Enterprise value is total company value (the market value of common equity, debt, and preferred equity) minus the value of cash and short-term investments. | Nokia Corp.'s EV declined from 2009 to 2010 and from 2010 to 2011. |
ADVERTISEMENT





