LITE vs. NOK: A Head-to-Head Stock Comparison
Updated onHere’s a clear look at LITE and NOK, comparing key factors like historical performance, profitability, financial strength, growth, dividend, and valuation.
Company Profile
LITE is a standard domestic listing, while NOK trades as an American Depositary Receipt (ADR), offering U.S. investors access to its foreign-listed shares.
| Symbol | LITE | NOK |
|---|---|---|
| Company Name | Lumentum Holdings Inc. | Nokia Oyj |
| Country | United States | Finland |
| GICS Sector | Information Technology | Information Technology |
| GICS Industry | Communications Equipment | Communications Equipment |
| Market Capitalization | 8.09 billion USD | 23.05 billion USD |
| Exchange | NasdaqGS | NYSE |
| Listing Date | July 23, 2015 | July 1, 1994 |
| Security Type | Common Stock | ADR |
Historical Performance
This chart compares the performance of LITE 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.
Historical Performance at a Glance
| Symbol | LITE | NOK |
|---|---|---|
| 5-Day Price Return | 1.11% | 1.84% |
| 13-Week Price Return | 48.83% | -21.01% |
| 26-Week Price Return | 48.33% | -22.07% |
| 52-Week Price Return | 119.41% | -30.85% |
| Month-to-Date Return | 5.28% | 1.62% |
| Year-to-Date Return | 38.05% | -14.70% |
| 10-Day Avg. Volume | 4.15M | 7.92M |
| 3-Month Avg. Volume | 2.46M | 9.65M |
| 3-Month Volatility | 37.84% | 29.78% |
| Beta | 1.38 | 0.80 |
Profitability
Return on Equity (TTM)
LITE
-48.81%
Communications Equipment Industry
- Max
- 32.05%
- Q3
- 19.58%
- Median
- 11.77%
- Q1
- 2.23%
- Min
- -11.93%
LITE has a negative Return on Equity of -48.81%. 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.
Net Profit Margin (TTM)
LITE
1.57%
Communications Equipment Industry
- Max
- 23.65%
- Q3
- 14.32%
- Median
- 5.31%
- Q1
- 1.45%
- Min
- -12.72%
LITE’s Net Profit Margin of 1.57% 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.
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.
Operating Profit Margin (TTM)
LITE
-10.95%
Communications Equipment Industry
- Max
- 42.27%
- Q3
- 18.90%
- Median
- 6.21%
- Q1
- 2.97%
- Min
- -20.72%
LITE has a negative Operating Profit Margin of -10.95%. 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.
Profitability at a Glance
| Symbol | LITE | NOK |
|---|---|---|
| Return on Equity (TTM) | -48.81% | 5.01% |
| Return on Assets (TTM) | -11.11% | 2.68% |
| Net Profit Margin (TTM) | 1.57% | 5.31% |
| Operating Profit Margin (TTM) | -10.95% | 6.21% |
| Gross Profit Margin (TTM) | 27.99% | 44.23% |
Financial Strength
Current Ratio (MRQ)
LITE
4.72
Communications Equipment Industry
- Max
- 1.72
- Q3
- 1.72
- Median
- 1.46
- Q1
- 1.18
- Min
- 0.93
LITE’s Current Ratio of 4.72 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.
Debt-to-Equity Ratio (MRQ)
LITE
2.93
Communications Equipment Industry
- Max
- 1.55
- Q3
- 0.92
- Median
- 0.55
- Q1
- 0.30
- Min
- 0.00
With a Debt-to-Equity Ratio of 2.93, LITE operates with exceptionally high leverage compared to the Communications Equipment industry norm. This suggests an aggressive reliance on debt financing, which can magnify returns but also significantly elevates financial risk.
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.
Interest Coverage Ratio (TTM)
LITE
-6.75
Communications Equipment Industry
- Max
- 181.73
- Q3
- 113.63
- Median
- 7.59
- Q1
- 3.82
- Min
- -5.39
LITE has a negative Interest Coverage Ratio of -6.75. 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.
Financial Strength at a Glance
| Symbol | LITE | NOK |
|---|---|---|
| Current Ratio (MRQ) | 4.72 | 1.46 |
| Quick Ratio (MRQ) | 3.18 | 1.21 |
| Debt-to-Equity Ratio (MRQ) | 2.93 | 0.21 |
| Interest Coverage Ratio (TTM) | -6.75 | 34.19 |
Growth
Revenue Growth
EPS Growth
Dividend
Dividend Yield (TTM)
LITE
0.00%
Communications Equipment Industry
- Max
- 3.88%
- Q3
- 2.75%
- Median
- 0.93%
- Q1
- 0.00%
- Min
- 0.00%
LITE 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.
Dividend Payout Ratio (TTM)
LITE
0.00%
Communications Equipment Industry
- Max
- 111.16%
- Q3
- 55.91%
- Median
- 28.42%
- Q1
- 0.00%
- Min
- 0.00%
LITE 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.
Dividend at a Glance
| Symbol | LITE | NOK |
|---|---|---|
| Dividend Yield (TTM) | 0.00% | 3.61% |
| Dividend Payout Ratio (TTM) | 0.00% | 50.74% |
Valuation
Price-to-Earnings Ratio (TTM)
LITE
308.50
Communications Equipment Industry
- Max
- 57.30
- Q3
- 47.92
- Median
- 27.50
- Q1
- 17.89
- Min
- 13.89
At 308.50, LITE’s P/E Ratio is exceptionally high, exceeding the typical maximum for the Communications Equipment industry. This suggests the stock may be significantly overvalued compared to its peers and implies high market expectations that could be difficult to meet.
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.
Price-to-Sales Ratio (TTM)
LITE
4.86
Communications Equipment Industry
- Max
- 11.03
- Q3
- 5.53
- Median
- 2.20
- Q1
- 0.99
- Min
- 0.40
LITE’s P/S Ratio of 4.86 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.
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.
Price-to-Book Ratio (MRQ)
LITE
4.91
Communications Equipment Industry
- Max
- 9.66
- Q3
- 5.60
- Median
- 3.73
- Q1
- 2.67
- Min
- 0.30
LITE’s P/B Ratio of 4.91 is within the conventional range for the Communications Equipment industry. This shows a balanced market view, where the stock’s price is neither at a significant premium nor a discount to the book value of its peers.
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.
Valuation at a Glance
| Symbol | LITE | NOK |
|---|---|---|
| Price-to-Earnings Ratio (TTM) | 308.50 | 19.25 |
| Price-to-Sales Ratio (TTM) | 4.86 | 1.02 |
| Price-to-Book Ratio (MRQ) | 4.91 | 1.21 |
| Price-to-Free Cash Flow Ratio (TTM) | 733.03 | 13.27 |