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

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

Company Profile

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

SymbolIONQNOK
Company NameIonQ, Inc.Nokia Oyj
CountryUnited StatesFinland
GICS SectorInformation TechnologyInformation Technology
GICS IndustryTechnology Hardware, Storage & PeripheralsCommunications Equipment
Market Capitalization11.48 billion USD23.35 billion USD
ExchangeNYSENYSE
Listing DateJanuary 4, 2021July 1, 1994
Security TypeCommon StockADR

Historical Performance

This chart compares the performance of IONQ 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.

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

Historical Performance at a Glance

SymbolIONQNOK
5-Day Price Return5.11%2.59%
13-Week Price Return-15.53%-21.98%
26-Week Price Return13.30%-22.82%
52-Week Price Return429.14%-1.47%
Month-to-Date Return-2.98%2.70%
Year-to-Date Return-7.40%-13.79%
10-Day Avg. Volume14.93M7.16M
3-Month Avg. Volume21.08M9.35M
3-Month Volatility99.44%29.91%
Beta2.610.81

Profitability

Return on Equity (TTM)

IONQ

-67.52%

Technology Hardware, Storage & Peripherals Industry

Max
47.24%
Q3
29.40%
Median
9.11%
Q1
6.06%
Min
-0.79%

IONQ has a negative Return on Equity of -67.52%. This indicates the company is generating a loss for its shareholders, which can be a result of unprofitability or negative shareholder equity and is often a sign of financial distress.

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.

IONQ vs. NOK: A comparison of their Return on Equity (TTM) against their respective Technology Hardware, Storage & Peripherals and Communications Equipment industry benchmarks.

Net Profit Margin (TTM)

IONQ

-885.21%

Technology Hardware, Storage & Peripherals Industry

Max
13.86%
Q3
8.17%
Median
4.62%
Q1
3.65%
Min
-0.21%

IONQ has a negative Net Profit Margin of -885.21%, indicating the company is operating at a net loss as its expenses exceeded its revenues.

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.

IONQ vs. NOK: A comparison of their Net Profit Margin (TTM) against their respective Technology Hardware, Storage & Peripherals and Communications Equipment industry benchmarks.

Operating Profit Margin (TTM)

IONQ

-700.61%

Technology Hardware, Storage & Peripherals Industry

Max
17.80%
Q3
10.33%
Median
6.31%
Q1
4.86%
Min
2.53%

IONQ has a negative Operating Profit Margin of -700.61%. This signifies the company is unprofitable at the operational level, as its core business expenses exceed its revenue.

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.

IONQ vs. NOK: A comparison of their Operating Profit Margin (TTM) against their respective Technology Hardware, Storage & Peripherals and Communications Equipment industry benchmarks.

Profitability at a Glance

SymbolIONQNOK
Return on Equity (TTM)-67.52%5.01%
Return on Assets (TTM)-57.89%2.68%
Net Profit Margin (TTM)-885.21%5.31%
Operating Profit Margin (TTM)-700.61%6.21%
Gross Profit Margin (TTM)54.54%44.23%

Financial Strength

Current Ratio (MRQ)

IONQ

7.76

Technology Hardware, Storage & Peripherals Industry

Max
2.47
Q3
1.98
Median
1.40
Q1
1.26
Min
0.70

IONQ’s Current Ratio of 7.76 is exceptionally high, placing it well outside the typical range for the Technology Hardware, Storage & Peripherals 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.

IONQ vs. NOK: A comparison of their Current Ratio (MRQ) against their respective Technology Hardware, Storage & Peripherals and Communications Equipment industry benchmarks.

Debt-to-Equity Ratio (MRQ)

IONQ

0.00

Technology Hardware, Storage & Peripherals Industry

Max
1.47
Q3
0.93
Median
0.32
Q1
0.19
Min
0.00

Falling into the lower quartile for the Technology Hardware, Storage & Peripherals industry, IONQ’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.

IONQ vs. NOK: A comparison of their Debt-to-Equity Ratio (MRQ) against their respective Technology Hardware, Storage & Peripherals and Communications Equipment industry benchmarks.

Interest Coverage Ratio (TTM)

IONQ

-23.93

Technology Hardware, Storage & Peripherals Industry

Max
204.63
Q3
90.22
Median
21.70
Q1
6.79
Min
-23.93

IONQ has a negative Interest Coverage Ratio of -23.93. This indicates that its earnings were insufficient to cover even its operational costs, let alone its interest payments, signaling significant financial distress.

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.

IONQ vs. NOK: A comparison of their Interest Coverage Ratio (TTM) against their respective Technology Hardware, Storage & Peripherals and Communications Equipment industry benchmarks.

Financial Strength at a Glance

SymbolIONQNOK
Current Ratio (MRQ)7.761.46
Quick Ratio (MRQ)7.261.21
Debt-to-Equity Ratio (MRQ)0.000.21
Interest Coverage Ratio (TTM)-23.9334.19

Growth

Revenue Growth

IONQ 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

IONQ 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)

IONQ

0.00%

Technology Hardware, Storage & Peripherals Industry

Max
4.50%
Q3
3.66%
Median
1.90%
Q1
0.00%
Min
0.00%

IONQ 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.

IONQ vs. NOK: A comparison of their Dividend Yield (TTM) against their respective Technology Hardware, Storage & Peripherals and Communications Equipment industry benchmarks.

Dividend Payout Ratio (TTM)

IONQ

0.00%

Technology Hardware, Storage & Peripherals Industry

Max
142.87%
Q3
66.07%
Median
42.79%
Q1
0.00%
Min
0.00%

IONQ 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.

IONQ vs. NOK: A comparison of their Dividend Payout Ratio (TTM) against their respective Technology Hardware, Storage & Peripherals and Communications Equipment industry benchmarks.

Dividend at a Glance

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

Valuation

Price-to-Earnings Ratio (TTM)

IONQ

--

Technology Hardware, Storage & Peripherals Industry

Max
43.16
Q3
27.56
Median
17.85
Q1
12.48
Min
6.21

P/E Ratio data for IONQ is currently unavailable.

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.

IONQ vs. NOK: A comparison of their Price-to-Earnings Ratio (TTM) against their respective Technology Hardware, Storage & Peripherals and Communications Equipment industry benchmarks.

Price-to-Sales Ratio (TTM)

IONQ

208.53

Technology Hardware, Storage & Peripherals Industry

Max
4.27
Q3
1.99
Median
0.93
Q1
0.45
Min
0.04

With a P/S Ratio of 208.53, IONQ trades at a valuation that eclipses even the highest in the Technology Hardware, Storage & Peripherals 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.

IONQ vs. NOK: A comparison of their Price-to-Sales Ratio (TTM) against their respective Technology Hardware, Storage & Peripherals and Communications Equipment industry benchmarks.

Price-to-Book Ratio (MRQ)

IONQ

9.68

Technology Hardware, Storage & Peripherals Industry

Max
12.51
Q3
6.11
Median
1.73
Q1
1.01
Min
0.31

IONQ’s P/B Ratio of 9.68 is in the upper tier for the Technology Hardware, Storage & Peripherals industry. This indicates that investors are paying a premium relative to the company’s net assets, a valuation that hinges on its ability to generate superior profits.

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.

IONQ vs. NOK: A comparison of their Price-to-Book Ratio (MRQ) against their respective Technology Hardware, Storage & Peripherals and Communications Equipment industry benchmarks.

Valuation at a Glance

SymbolIONQNOK
Price-to-Earnings Ratio (TTM)--19.25
Price-to-Sales Ratio (TTM)208.531.02
Price-to-Book Ratio (MRQ)9.681.21
Price-to-Free Cash Flow Ratio (TTM)--13.27