Seek Returns

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.

Company profile comparison for Telefonaktiebolaget LM Ericsson (ERIC) and Nokia (NOK)
Profile ItemERICNOK
NameTelefonaktiebolaget LM Ericsson Sponsored ADRNokia Corporation Sponsored ADR
Country/RegionSwedenFinland
GICS SectorInformation TechnologyInformation Technology
GICS Industry GroupTechnology Hardware & EquipmentTechnology Hardware & Equipment
GICS IndustryCommunications EquipmentCommunications Equipment
GICS Sub-IndustryCommunications EquipmentCommunications Equipment
Market Capitalization33.25 billion USD43.35 billion USD
CurrencyUSDUSD
ExchangeNasdaqNYSE
Listing DateAugust 24, 1981July 1, 1994
Security TypeADRADR

Price Performance

Cumulative Growth

ERIC
NOK
GSPC
Loading price history…
Telefonaktiebolaget LM Ericsson (ERIC) vs. Nokia (NOK), with S&P 500 (GSPC) for reference: Growth of a $10,000 investment over the past five years. Adjusted for dividends and splits.

Trailing Returns

Loading price history…
Trailing total returns for Telefonaktiebolaget LM Ericsson (ERIC) and Nokia (NOK). Returns over one year are annualized.

Calendar-Year Returns

Loading price history…
Calendar-year total returns for Telefonaktiebolaget LM Ericsson (ERIC) and Nokia (NOK). Each bar is that year's total return, measured year-end to year-end.

Performance Metrics

Price performance metrics for Telefonaktiebolaget LM Ericsson (ERIC) and Nokia (NOK)
MetricERICNOK
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

ERIC
NOK
GSPC
Loading price history…
Telefonaktiebolaget LM Ericsson (ERIC) vs. Nokia (NOK), with S&P 500 (GSPC) for reference: Drawdown from the running peak over the past five years. Each line shows the decline from its prior peak; 0% marks a new high.

Return Distribution

Loading price history…
Distribution of monthly total returns for Telefonaktiebolaget LM Ericsson (ERIC) and Nokia (NOK). Each bar is the share of months whose return fell in that 5% bucket.

Risk Metrics

Risk profile metrics for Telefonaktiebolaget LM Ericsson (ERIC) and Nokia (NOK)
MetricERICNOK
Volatility (1Y, Annualized)36.32%62.40%
Beta (5Y)0.961.24
Max Drawdown (5Y)-62.81%-55.73%
Avg. Volume (3M)9.73M77.91M

Risk-Adjusted Performance

Risk-Return Positioning

Loading chart…
ERIC and NOK are plotted by 1-year volatility (risk) and 1-year return. The dashed Capital Allocation Line runs from the risk-free rate through the shared industry median.

Risk-Adjusted Metrics

Risk-adjusted metrics for Telefonaktiebolaget LM Ericsson (ERIC) and Nokia (NOK)
MetricERICNOK
Sharpe Ratio (1Y)0.200.25
Sortino Ratio (1Y)0.290.35

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%
Loading chart…
Telefonaktiebolaget LM Ericsson (ERIC) vs. Nokia (NOK): A comparison of their ROE against the Technology Hardware & Equipment industry group benchmark.

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%
Loading chart…
Telefonaktiebolaget LM Ericsson (ERIC) vs. Nokia (NOK): A comparison of their net margin against the Technology Hardware & Equipment industry group benchmark.

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%
Loading chart…
Telefonaktiebolaget LM Ericsson (ERIC) vs. Nokia (NOK): A comparison of their operating margin against the Technology Hardware & Equipment industry group benchmark.

Profitability Metrics

Profitability metrics for Telefonaktiebolaget LM Ericsson (ERIC) and Nokia (NOK)
MetricERICNOK
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.

Loading chart…
Telefonaktiebolaget LM Ericsson (ERIC) vs. Nokia (NOK): A comparison of their Revenue Growth across different time periods.

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.

Loading chart…
Telefonaktiebolaget LM Ericsson (ERIC) vs. Nokia (NOK): A comparison of their EPS Growth across different time periods.

Growth Metrics

Growth metrics for Telefonaktiebolaget LM Ericsson (ERIC) and Nokia (NOK)
MetricERICNOK
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
Loading chart…
Telefonaktiebolaget LM Ericsson (ERIC) vs. Nokia (NOK): A comparison of their current ratio against the Technology Hardware & Equipment industry group benchmark.

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
Loading chart…
Telefonaktiebolaget LM Ericsson (ERIC) vs. Nokia (NOK): A comparison of their debt-to-equity ratio against the Technology Hardware & Equipment industry group benchmark.

Financial Strength Metrics

Financial strength metrics for Telefonaktiebolaget LM Ericsson (ERIC) and Nokia (NOK)
MetricERICNOK
Current Ratio (MRQ)1.161.46
Debt / Equity (MRQ)0.410.16
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%
Loading chart…
Telefonaktiebolaget LM Ericsson (ERIC) vs. Nokia (NOK): A comparison of their dividend yield against the Technology Hardware & Equipment industry group benchmark.

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%
Loading chart…
Telefonaktiebolaget LM Ericsson (ERIC) vs. Nokia (NOK): A comparison of their payout ratio against the Technology Hardware & Equipment industry group benchmark.

Dividend Metrics

Dividend metrics for Telefonaktiebolaget LM Ericsson (ERIC) and Nokia (NOK)
MetricERICNOK
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
Loading chart…
Telefonaktiebolaget LM Ericsson (ERIC) vs. Nokia (NOK): A comparison of their P/E ratio against the Technology Hardware & Equipment industry group benchmark.

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
Loading chart…
Telefonaktiebolaget LM Ericsson (ERIC) vs. Nokia (NOK): ERIC does not report P/S ratio, so it has no value marker; NOK is benchmarked against the Technology Hardware & Equipment industry group.

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
Loading chart…
Telefonaktiebolaget LM Ericsson (ERIC) vs. Nokia (NOK): A comparison of their P/B ratio against the Technology Hardware & Equipment industry group benchmark.

Valuation Metrics

Valuation metrics for Telefonaktiebolaget LM Ericsson (ERIC) and Nokia (NOK)
MetricERICNOK
P/E Ratio (TTM)16.5547.88
P/S Ratio (TTM)--2.08
P/B Ratio (MRQ)0.331.82
Free Cash Flow Yield (TTM)86.49%2.98%