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ANET vs. NOK: A Head-to-Head Stock Comparison

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Here’s a clear look at ANET and NOK, comparing key factors like historical performance, profitability, financial strength, growth, dividend, and valuation.

Company Profile

ANET is a standard domestic listing, while NOK trades as an American Depositary Receipt (ADR), offering U.S. investors access to its foreign-listed shares.

SymbolANETNOK
Company NameArista Networks IncNokia Oyj
CountryUnited StatesFinland
GICS SectorInformation TechnologyInformation Technology
GICS IndustryCommunications EquipmentCommunications Equipment
Market Capitalization165.24 billion USD23.05 billion USD
ExchangeNYSENYSE
Listing DateJune 6, 2014July 1, 1994
Security TypeCommon StockADR

Historical Performance

This chart compares the performance of ANET and NOK by tracking the growth of an initial $10,000 investment in each. Use the tabs to select the desired time period. Data is adjusted for dividends and splits.

ANET vs. NOK: Growth of a $10,000 investment over the past one year.

Historical Performance at a Glance

SymbolANETNOK
5-Day Price Return-3.67%1.84%
13-Week Price Return35.96%-21.01%
26-Week Price Return19.79%-22.07%
52-Week Price Return49.36%-30.85%
Month-to-Date Return6.70%1.62%
Year-to-Date Return18.95%-14.70%
10-Day Avg. Volume8.29M7.92M
3-Month Avg. Volume9.86M9.65M
3-Month Volatility53.44%29.78%
Beta1.480.80

Profitability

Return on Equity (TTM)

ANET

32.30%

Communications Equipment Industry

Max
32.05%
Q3
19.58%
Median
11.77%
Q1
2.23%
Min
-11.93%

ANET’s Return on Equity of 32.30% is exceptionally high, placing it well beyond the typical range for the Communications Equipment industry. This demonstrates a superior ability to generate profit from shareholder investments, though it could also be inflated by high financial leverage.

NOK

5.01%

Communications Equipment Industry

Max
32.05%
Q3
19.58%
Median
11.77%
Q1
2.23%
Min
-11.93%

NOK’s Return on Equity of 5.01% is on par with the norm for the Communications Equipment industry, indicating its profitability relative to shareholder equity is typical for the sector.

ANET vs. NOK: A comparison of their Return on Equity (TTM) against the Communications Equipment industry benchmark.

Net Profit Margin (TTM)

ANET

40.89%

Communications Equipment Industry

Max
23.65%
Q3
14.32%
Median
5.31%
Q1
1.45%
Min
-12.72%

ANET’s Net Profit Margin of 40.89% is exceptionally high, placing it well beyond the typical range for the Communications Equipment industry. This demonstrates outstanding operational efficiency and a strong competitive advantage in converting revenue into profit.

NOK

5.31%

Communications Equipment Industry

Max
23.65%
Q3
14.32%
Median
5.31%
Q1
1.45%
Min
-12.72%

NOK’s Net Profit Margin of 5.31% is aligned with the median group of its peers in the Communications Equipment industry. This indicates its ability to convert revenue into profit is typical for the sector.

ANET vs. NOK: A comparison of their Net Profit Margin (TTM) against the Communications Equipment industry benchmark.

Operating Profit Margin (TTM)

ANET

43.14%

Communications Equipment Industry

Max
42.27%
Q3
18.90%
Median
6.21%
Q1
2.97%
Min
-20.72%

ANET’s Operating Profit Margin of 43.14% is exceptionally high, placing it well above the typical range for the Communications Equipment industry. This demonstrates outstanding efficiency in managing its core operations, which can be a result of strong pricing power or superior cost control.

NOK

6.21%

Communications Equipment Industry

Max
42.27%
Q3
18.90%
Median
6.21%
Q1
2.97%
Min
-20.72%

NOK’s Operating Profit Margin of 6.21% is around the midpoint for the Communications Equipment industry, indicating that its efficiency in managing core business operations is typical for the sector.

ANET vs. NOK: A comparison of their Operating Profit Margin (TTM) against the Communications Equipment industry benchmark.

Profitability at a Glance

SymbolANETNOK
Return on Equity (TTM)32.30%5.01%
Return on Assets (TTM)22.45%2.68%
Net Profit Margin (TTM)40.89%5.31%
Operating Profit Margin (TTM)43.14%6.21%
Gross Profit Margin (TTM)64.24%44.23%

Financial Strength

Current Ratio (MRQ)

ANET

3.33

Communications Equipment Industry

Max
1.72
Q3
1.72
Median
1.46
Q1
1.18
Min
0.93

ANET’s Current Ratio of 3.33 is exceptionally high, placing it well outside the typical range for the Communications Equipment industry. This indicates a very strong liquidity position, though such a high ratio may also suggest that the company is not using its assets efficiently to generate profits.

NOK

1.46

Communications Equipment Industry

Max
1.72
Q3
1.72
Median
1.46
Q1
1.18
Min
0.93

NOK’s Current Ratio of 1.46 aligns with the median group of the Communications Equipment industry, indicating that its short-term liquidity is in line with its sector peers.

ANET vs. NOK: A comparison of their Current Ratio (MRQ) against the Communications Equipment industry benchmark.

Debt-to-Equity Ratio (MRQ)

ANET

0.00

Communications Equipment Industry

Max
1.55
Q3
0.92
Median
0.55
Q1
0.30
Min
0.00

Falling into the lower quartile for the Communications Equipment industry, ANET’s Debt-to-Equity Ratio of 0.00 points to a conservative financing strategy. This results in lower financial risk but potentially limits strategic investments compared to more leveraged competitors.

NOK

0.21

Communications Equipment Industry

Max
1.55
Q3
0.92
Median
0.55
Q1
0.30
Min
0.00

Falling into the lower quartile for the Communications Equipment industry, NOK’s Debt-to-Equity Ratio of 0.21 points to a conservative financing strategy. This results in lower financial risk but potentially limits strategic investments compared to more leveraged competitors.

ANET vs. NOK: A comparison of their Debt-to-Equity Ratio (MRQ) against the Communications Equipment industry benchmark.

Interest Coverage Ratio (TTM)

ANET

171.78

Communications Equipment Industry

Max
181.73
Q3
113.63
Median
7.59
Q1
3.82
Min
-5.39

ANET’s Interest Coverage Ratio of 171.78 is in the upper quartile for the Communications Equipment industry, signifying a strong and healthy capacity to meet its interest payments from operating profits.

NOK

34.19

Communications Equipment Industry

Max
181.73
Q3
113.63
Median
7.59
Q1
3.82
Min
-5.39

NOK’s Interest Coverage Ratio of 34.19 is positioned comfortably within the norm for the Communications Equipment industry, indicating a standard and healthy capacity to cover its interest payments.

ANET vs. NOK: A comparison of their Interest Coverage Ratio (TTM) against the Communications Equipment industry benchmark.

Financial Strength at a Glance

SymbolANETNOK
Current Ratio (MRQ)3.331.46
Quick Ratio (MRQ)2.581.21
Debt-to-Equity Ratio (MRQ)0.000.21
Interest Coverage Ratio (TTM)171.7834.19

Growth

Revenue Growth

ANET vs. NOK: A side-by-side comparison of their Revenue Growth for the MRQ (YoY), TTM (YoY), 3-Year CAGR, and 5-Year CAGR periods.

EPS Growth

ANET vs. NOK: A side-by-side comparison of their EPS Growth for the MRQ (YoY), TTM (YoY), 3-Year CAGR, and 5-Year CAGR periods.

Dividend

Dividend Yield (TTM)

ANET

0.00%

Communications Equipment Industry

Max
3.88%
Q3
2.75%
Median
0.93%
Q1
0.00%
Min
0.00%

ANET currently does not pay a dividend, resulting in a yield of 0%. This is a common strategy for growth-focused companies that prioritize reinvesting earnings, though it may be less typical in mature, income-oriented sectors.

NOK

3.61%

Communications Equipment Industry

Max
3.88%
Q3
2.75%
Median
0.93%
Q1
0.00%
Min
0.00%

With a Dividend Yield of 3.61%, NOK offers a more attractive income stream than most of its peers in the Communications Equipment industry, signaling a strong commitment to shareholder returns.

ANET vs. NOK: A comparison of their Dividend Yield (TTM) against the Communications Equipment industry benchmark.

Dividend Payout Ratio (TTM)

ANET

0.00%

Communications Equipment Industry

Max
111.16%
Q3
55.91%
Median
28.42%
Q1
0.00%
Min
0.00%

ANET has a Dividend Payout Ratio of 0%, indicating it does not currently pay a dividend. This is a common strategy for growth-oriented companies that reinvest all profits back into the business.

NOK

50.74%

Communications Equipment Industry

Max
111.16%
Q3
55.91%
Median
28.42%
Q1
0.00%
Min
0.00%

NOK’s Dividend Payout Ratio of 50.74% is within the typical range for the Communications Equipment industry, suggesting a balanced approach between shareholder payouts and company reinvestment.

ANET vs. NOK: A comparison of their Dividend Payout Ratio (TTM) against the Communications Equipment industry benchmark.

Dividend at a Glance

SymbolANETNOK
Dividend Yield (TTM)0.00%3.61%
Dividend Payout Ratio (TTM)0.00%50.74%

Valuation

Price-to-Earnings Ratio (TTM)

ANET

51.33

Communications Equipment Industry

Max
57.30
Q3
47.92
Median
27.50
Q1
17.89
Min
13.89

A P/E Ratio of 51.33 places ANET in the upper quartile for the Communications Equipment industry. This high valuation relative to peers suggests the market holds elevated expectations for the company’s future growth.

NOK

19.25

Communications Equipment Industry

Max
57.30
Q3
47.92
Median
27.50
Q1
17.89
Min
13.89

NOK’s P/E Ratio of 19.25 is within the middle range for the Communications Equipment industry. This suggests its valuation is in line with the sector average, representing neither a significant premium nor a discount compared to its peers.

ANET vs. NOK: A comparison of their Price-to-Earnings Ratio (TTM) against the Communications Equipment industry benchmark.

Price-to-Sales Ratio (TTM)

ANET

20.99

Communications Equipment Industry

Max
11.03
Q3
5.53
Median
2.20
Q1
0.99
Min
0.40

With a P/S Ratio of 20.99, ANET trades at a valuation that eclipses even the highest in the Communications Equipment industry. This implies the market has priced in exceptionally optimistic scenarios for future revenue growth, posing considerable valuation risk.

NOK

1.02

Communications Equipment Industry

Max
11.03
Q3
5.53
Median
2.20
Q1
0.99
Min
0.40

NOK’s P/S Ratio of 1.02 aligns with the market consensus for the Communications Equipment industry. This suggests its valuation, based on sales, is seen as standard and is on par with its competitors.

ANET vs. NOK: A comparison of their Price-to-Sales Ratio (TTM) against the Communications Equipment industry benchmark.

Price-to-Book Ratio (MRQ)

ANET

11.79

Communications Equipment Industry

Max
9.66
Q3
5.60
Median
3.73
Q1
2.67
Min
0.30

At 11.79, ANET’s P/B Ratio is at an extreme premium to the Communications Equipment industry. This signifies that the market’s valuation is heavily reliant on future potential rather than its current net asset value, which can be a high-risk proposition.

NOK

1.21

Communications Equipment Industry

Max
9.66
Q3
5.60
Median
3.73
Q1
2.67
Min
0.30

NOK’s P/B Ratio of 1.21 is in the lower quartile for the Communications Equipment industry. From a value investing perspective, this is favorable, as it suggests the stock is trading at a discount to its net asset value and may offer a greater margin of safety.

ANET vs. NOK: A comparison of their Price-to-Book Ratio (MRQ) against the Communications Equipment industry benchmark.

Valuation at a Glance

SymbolANETNOK
Price-to-Earnings Ratio (TTM)51.3319.25
Price-to-Sales Ratio (TTM)20.991.02
Price-to-Book Ratio (MRQ)11.791.21
Price-to-Free Cash Flow Ratio (TTM)41.9813.27