ERIC vs. NOK: Telefonaktiebolaget LM Ericsson vs. Nokia Stock Comparison
How do Telefonaktiebolaget LM Ericsson (ERIC) and Nokia (NOK) stack up? This page sets them side by side across company profile, performance and risk, profitability, growth, financial strength, dividends, and valuation, with selected fundamentals also measured against each stock's industry-group peers.
Company Profile
Telefonaktiebolaget LM Ericsson (ERIC) and Nokia (NOK) are both classified in the Communications Equipment sub-industry within the broader Communications Equipment industry, placing them in the closest GICS peer bucket.
Both Telefonaktiebolaget LM Ericsson (ERIC) and Nokia (NOK) trade as ADRs — their core financials are comparable, but keep FX, depositary-program fees, and dividend withholding in view for each.
| Profile Item | ERIC | NOK |
|---|---|---|
| Name | Telefonaktiebolaget LM Ericsson Sponsored ADR | Nokia Corporation Sponsored ADR |
| Country/Region | Sweden | Finland |
| GICS Sector | Information Technology | Information Technology |
| GICS Industry Group | Technology Hardware & Equipment | Technology Hardware & Equipment |
| GICS Industry | Communications Equipment | Communications Equipment |
| GICS Sub-Industry | Communications Equipment | Communications Equipment |
| Market Capitalization | 33.25 billion USD | 43.35 billion USD |
| Currency | USD | USD |
| Exchange | Nasdaq | NYSE |
| Listing Date | August 24, 1981 | July 1, 1994 |
| Security Type | ADR | ADR |
Price Performance
Cumulative Growth
Trailing Returns
Calendar-Year Returns
Performance Metrics
| Metric | ERIC | NOK |
|---|---|---|
| Total Return (1Y) | 11.58% | 19.81% |
| Total Return (3Y, Annualized) | 36.47% | 36.27% |
| Total Return (5Y, Annualized) | 2.71% | 9.52% |
Risk Profile
Drawdown History
Return Distribution
Risk Metrics
| Metric | ERIC | NOK |
|---|---|---|
| Volatility (1Y, Annualized) | 36.32% | 62.40% |
| Beta (5Y) | 0.96 | 1.24 |
| Max Drawdown (5Y) | -62.81% | -55.73% |
| Avg. Volume (3M) | 9.73M | 77.91M |
Risk-Adjusted Performance
Risk-Return Positioning
Risk-Adjusted Metrics
| Metric | ERIC | NOK |
|---|---|---|
| Sharpe Ratio (1Y) | 0.20 | 0.25 |
| Sortino Ratio (1Y) | 0.29 | 0.35 |
Profitability
ROE (TTM)
Both Telefonaktiebolaget LM Ericsson (ERIC) at 18.09% and Nokia (NOK) at 3.88% land near their industries’ usual ROE ranges, so capital efficiency looks broadly in line with peers on both sides.
ERIC
Technology Hardware & Equipment industry group
18.09%
- Max
- 42.47%
- Q3
- 19.13%
- ERIC
- 18.09%
- Median
- 11.00%
- Q1
- 1.63%
- Min
- -20.62%
NOK
Technology Hardware & Equipment industry group
3.88%
- Max
- 42.47%
- Q3
- 19.13%
- Median
- 11.00%
- NOK
- 3.88%
- Q1
- 1.63%
- Min
- -20.62%
Net Margin (TTM)
Both Telefonaktiebolaget LM Ericsson (ERIC) at 8.36% and Nokia (NOK) at 3.75% keep about the typical share of revenue as profit for their industries — neither bottom line stands out from peers.
ERIC
Technology Hardware & Equipment industry group
8.36%
- Max
- 27.60%
- Q3
- 11.66%
- ERIC
- 8.36%
- Median
- 4.08%
- Q1
- 0.00%
- Min
- -11.02%
NOK
Technology Hardware & Equipment industry group
3.75%
- Max
- 27.60%
- Q3
- 11.66%
- Median
- 4.08%
- NOK
- 3.75%
- Q1
- 0.00%
- Min
- -11.02%
Operating Margin (TTM)
Nokia (NOK) at 10.81% runs core operations around its industry’s norm, while Telefonaktiebolaget LM Ericsson (ERIC) at 0.00% operates in the bottom quartile.
ERIC
Technology Hardware & Equipment industry group
0.00%
- Max
- 36.27%
- Q3
- 18.36%
- Median
- 8.84%
- Q1
- 1.46%
- ERIC
- 0.00%
- Min
- -21.39%
NOK
Technology Hardware & Equipment industry group
10.81%
- Max
- 36.27%
- Q3
- 18.36%
- NOK
- 10.81%
- Median
- 8.84%
- Q1
- 1.46%
- Min
- -21.39%
Profitability Metrics
| Metric | ERIC | NOK |
|---|---|---|
| ROE (TTM) | 18.09% | 3.88% |
| ROA (TTM) | 7.07% | 3.49% |
| Net Margin (TTM) | 8.36% | 3.75% |
| Operating Margin (TTM) | 0.00% | 10.81% |
| Gross Margin (TTM) | 48.01% | 45.43% |
Growth
Revenue Growth
Nokia (NOK) at 3.48% is around its peer norm for revenue growth, while Telefonaktiebolaget LM Ericsson (ERIC) at -4.52% drops into the bottom quartile, signaling weaker demand or pricing momentum.
EPS Growth
Telefonaktiebolaget LM Ericsson (ERIC) at 85,000.00% delivers above-range EPS growth, while Nokia (NOK) at -47.83% falls into the bottom quartile — a wide split in earnings momentum.
Growth Metrics
| Metric | ERIC | NOK |
|---|---|---|
| Revenue Growth (YoY) | -4.52% | 3.48% |
| Revenue Growth (3Y CAGR) | -4.48% | -5.76% |
| EPS Growth (YoY) | 85,000.00% | -47.83% |
| EPS Growth (3Y CAGR) | 14.83% | -45.71% |
Financial Strength
Current Ratio (MRQ)
Nokia (NOK) at 1.46 keeps current ratio within its industry’s typical mid-range, while Telefonaktiebolaget LM Ericsson (ERIC) at 1.16 runs in the tighter-liquidity quartile — a thinner cushion against current liabilities for ERIC.
ERIC
Technology Hardware & Equipment industry group
1.16
- Max
- 5.34
- Q3
- 3.02
- Median
- 1.95
- Q1
- 1.32
- ERIC
- 1.16
- Min
- 0.17
NOK
Technology Hardware & Equipment industry group
1.46
- Max
- 5.34
- Q3
- 3.02
- Median
- 1.95
- NOK
- 1.46
- Q1
- 1.32
- Min
- 0.17
Debt / Equity (MRQ)
Both Telefonaktiebolaget LM Ericsson (ERIC) at 0.41 and Nokia (NOK) at 0.16 fund their balance sheets with roughly industry-typical debt-to-equity mixes.
ERIC
Technology Hardware & Equipment industry group
0.41
- Max
- 1.76
- Q3
- 0.78
- ERIC
- 0.41
- Median
- 0.24
- Q1
- 0.04
- Min
- 0.01
NOK
Technology Hardware & Equipment industry group
0.16
- Max
- 1.76
- Q3
- 0.78
- Median
- 0.24
- NOK
- 0.16
- Q1
- 0.04
- Min
- 0.01
Financial Strength Metrics
| Metric | ERIC | NOK |
|---|---|---|
| Current Ratio (MRQ) | 1.16 | 1.46 |
| Debt / Equity (MRQ) | 0.41 | 0.16 |
| Net Debt / EBITDA | -- | -0.59 |
Dividends
Dividend Yield (TTM)
Telefonaktiebolaget LM Ericsson (ERIC) pays no dividend (yield 0.00%) — it may be reinvesting, using buybacks, or simply not returning cash through dividends. Meanwhile Nokia (NOK) reports a yield of 1.88%, ranking against industry peers normally.
ERIC
Technology Hardware & Equipment industry group
0.00%
- Max
- 0.73%
- Q3
- 0.31%
- ERIC
- 0.00%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
NOK
Technology Hardware & Equipment industry group
1.88%
- NOK
- 1.88%
- Max
- 0.73%
- Q3
- 0.31%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Payout Ratio (TTM)
Nokia (NOK) reports payout ratio above 100% at 100.17%, meaning dividends exceeded current-period earnings and sustainability needs extra context. Meanwhile Telefonaktiebolaget LM Ericsson (ERIC) reports 51.66%, ranking against industry peers normally.
ERIC
Technology Hardware & Equipment industry group
51.66%
- ERIC
- 51.66%
- Max
- 32.27%
- Q3
- 14.48%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
NOK
Technology Hardware & Equipment industry group
100.17%
- NOK
- 100.17%
- Max
- 32.27%
- Q3
- 14.48%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Metrics
| Metric | ERIC | NOK |
|---|---|---|
| Dividend Yield (TTM) | 0.00% | 1.88% |
| Dividend Payout Ratio (TTM) | 51.66% | 100.17% |
Valuation
P/E Ratio (TTM)
Telefonaktiebolaget LM Ericsson (ERIC) at 16.55 sits in the cheaper P/E ratio quartile, while Nokia (NOK) at 47.88 sits in the richer quartile — a clear split in what investors pay for each dollar of trailing earnings.
ERIC
Technology Hardware & Equipment industry group
16.55
- Max
- 69.48
- Q3
- 41.02
- Median
- 26.39
- Q1
- 19.36
- ERIC
- 16.55
- Min
- 6.07
NOK
Technology Hardware & Equipment industry group
47.88
- Max
- 69.48
- NOK
- 47.88
- Q3
- 41.02
- Median
- 26.39
- Q1
- 19.36
- Min
- 6.07
P/S Ratio (TTM)
A sales-based read is only available for Nokia (NOK), whose P/S ratio of 2.08 ranks against industry peers; Telefonaktiebolaget LM Ericsson (ERIC) reports no figure this period.
ERIC
Technology Hardware & Equipment industry group
--
- Max
- 11.30
- Q3
- 5.82
- Median
- 2.56
- Q1
- 1.05
- Min
- 0.00
- ERIC
- --
NOK
Technology Hardware & Equipment industry group
2.08
- Max
- 11.30
- Q3
- 5.82
- Median
- 2.56
- NOK
- 2.08
- Q1
- 1.05
- Min
- 0.00
P/B Ratio (MRQ)
Telefonaktiebolaget LM Ericsson (ERIC) at 0.33 sits in the lower P/B ratio quartile against book while Nokia (NOK) at 1.82 is valued near its industry’s middle — ERIC is cheaper on assets, though weigh it against ROE and asset quality.
ERIC
Technology Hardware & Equipment industry group
0.33
- Max
- 10.75
- Q3
- 5.52
- Median
- 3.17
- Q1
- 1.79
- ERIC
- 0.33
- Min
- 0.33
NOK
Technology Hardware & Equipment industry group
1.82
- Max
- 10.75
- Q3
- 5.52
- Median
- 3.17
- NOK
- 1.82
- Q1
- 1.79
- Min
- 0.33
Valuation Metrics
| Metric | ERIC | NOK |
|---|---|---|
| P/E Ratio (TTM) | 16.55 | 47.88 |
| P/S Ratio (TTM) | -- | 2.08 |
| P/B Ratio (MRQ) | 0.33 | 1.82 |
| Free Cash Flow Yield (TTM) | 86.49% | 2.98% |