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

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

Company Profile

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

SymbolNOKOKTA
Company NameNokia OyjOkta, Inc.
CountryFinlandUnited States
GICS SectorInformation TechnologyInformation Technology
GICS IndustryCommunications EquipmentIT Services
Market Capitalization23.05 billion USD15.94 billion USD
ExchangeNYSENasdaqGS
Listing DateJuly 1, 1994April 7, 2017
Security TypeADRCommon Stock

Historical Performance

This chart compares the performance of NOK and OKTA 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.

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

Historical Performance at a Glance

SymbolNOKOKTA
5-Day Price Return1.84%2.73%
13-Week Price Return-21.01%-28.01%
26-Week Price Return-22.07%-9.21%
52-Week Price Return-30.85%-7.05%
Month-to-Date Return1.62%-6.92%
Year-to-Date Return-14.70%15.52%
10-Day Avg. Volume7.92M2.99M
3-Month Avg. Volume9.65M3.77M
3-Month Volatility29.78%43.53%
Beta0.800.84

Profitability

Return on Equity (TTM)

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.

OKTA

2.05%

IT Services Industry

Max
29.51%
Q3
16.98%
Median
13.47%
Q1
7.93%
Min
-3.97%

OKTA’s Return on Equity of 2.05% is in the lower quartile for the IT Services industry. This indicates a less efficient generation of profit from its equity base when compared to its competitors.

NOK vs. OKTA: A comparison of their Return on Equity (TTM) against their respective Communications Equipment and IT Services industry benchmarks.

Net Profit Margin (TTM)

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.

OKTA

4.85%

IT Services Industry

Max
19.82%
Q3
11.49%
Median
6.67%
Q1
3.61%
Min
-4.62%

OKTA’s Net Profit Margin of 4.85% is aligned with the median group of its peers in the IT Services industry. This indicates its ability to convert revenue into profit is typical for the sector.

NOK vs. OKTA: A comparison of their Net Profit Margin (TTM) against their respective Communications Equipment and IT Services industry benchmarks.

Operating Profit Margin (TTM)

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.

OKTA

1.16%

IT Services Industry

Max
21.69%
Q3
14.50%
Median
10.06%
Q1
6.98%
Min
0.06%

OKTA’s Operating Profit Margin of 1.16% is in the lower quartile for the IT Services industry. This indicates weaker profitability from core operations, which may stem from inefficiencies or competitive pressures on pricing.

NOK vs. OKTA: A comparison of their Operating Profit Margin (TTM) against their respective Communications Equipment and IT Services industry benchmarks.

Profitability at a Glance

SymbolNOKOKTA
Return on Equity (TTM)5.01%2.05%
Return on Assets (TTM)2.68%1.41%
Net Profit Margin (TTM)5.31%4.85%
Operating Profit Margin (TTM)6.21%1.16%
Gross Profit Margin (TTM)44.23%76.69%

Financial Strength

Current Ratio (MRQ)

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.

OKTA

1.47

IT Services Industry

Max
2.42
Q3
1.81
Median
1.47
Q1
1.09
Min
0.44

OKTA’s Current Ratio of 1.47 aligns with the median group of the IT Services industry, indicating that its short-term liquidity is in line with its sector peers.

NOK vs. OKTA: A comparison of their Current Ratio (MRQ) against their respective Communications Equipment and IT Services industry benchmarks.

Debt-to-Equity Ratio (MRQ)

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.

OKTA

0.13

IT Services Industry

Max
2.33
Q3
1.17
Median
0.54
Q1
0.15
Min
0.00

Falling into the lower quartile for the IT Services industry, OKTA’s Debt-to-Equity Ratio of 0.13 points to a conservative financing strategy. This results in lower financial risk but potentially limits strategic investments compared to more leveraged competitors.

NOK vs. OKTA: A comparison of their Debt-to-Equity Ratio (MRQ) against their respective Communications Equipment and IT Services industry benchmarks.

Interest Coverage Ratio (TTM)

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.

OKTA

-9.31

IT Services Industry

Max
144.50
Q3
84.49
Median
13.76
Q1
2.59
Min
-28.13

OKTA has a negative Interest Coverage Ratio of -9.31. This indicates that its earnings were insufficient to cover even its operational costs, let alone its interest payments, signaling significant financial distress.

NOK vs. OKTA: A comparison of their Interest Coverage Ratio (TTM) against their respective Communications Equipment and IT Services industry benchmarks.

Financial Strength at a Glance

SymbolNOKOKTA
Current Ratio (MRQ)1.461.47
Quick Ratio (MRQ)1.211.41
Debt-to-Equity Ratio (MRQ)0.210.13
Interest Coverage Ratio (TTM)34.19-9.31

Growth

Revenue Growth

NOK vs. OKTA: 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

NOK vs. OKTA: 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)

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.

OKTA

0.00%

IT Services Industry

Max
2.80%
Q3
1.74%
Median
0.62%
Q1
0.00%
Min
0.00%

OKTA 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 vs. OKTA: A comparison of their Dividend Yield (TTM) against their respective Communications Equipment and IT Services industry benchmarks.

Dividend Payout Ratio (TTM)

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.

OKTA

0.00%

IT Services Industry

Max
147.75%
Q3
63.58%
Median
24.63%
Q1
0.00%
Min
0.00%

OKTA 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 vs. OKTA: A comparison of their Dividend Payout Ratio (TTM) against their respective Communications Equipment and IT Services industry benchmarks.

Dividend at a Glance

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

Valuation

Price-to-Earnings Ratio (TTM)

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.

OKTA

122.61

IT Services Industry

Max
41.55
Q3
31.54
Median
23.25
Q1
18.12
Min
6.57

At 122.61, OKTA’s P/E Ratio is exceptionally high, exceeding the typical maximum for the IT Services 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 vs. OKTA: A comparison of their Price-to-Earnings Ratio (TTM) against their respective Communications Equipment and IT Services industry benchmarks.

Price-to-Sales Ratio (TTM)

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.

OKTA

5.95

IT Services Industry

Max
6.61
Q3
4.37
Median
2.02
Q1
1.20
Min
0.19

OKTA’s P/S Ratio of 5.95 is in the upper echelon for the IT Services industry. This means the company is valued richly on its revenue stream compared to its peers, suggesting the stock is priced for a high level of future performance.

NOK vs. OKTA: A comparison of their Price-to-Sales Ratio (TTM) against their respective Communications Equipment and IT Services industry benchmarks.

Price-to-Book Ratio (MRQ)

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.

OKTA

2.97

IT Services Industry

Max
11.19
Q3
6.38
Median
3.47
Q1
2.31
Min
0.96

OKTA’s P/B Ratio of 2.97 is within the conventional range for the IT Services 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 vs. OKTA: A comparison of their Price-to-Book Ratio (MRQ) against their respective Communications Equipment and IT Services industry benchmarks.

Valuation at a Glance

SymbolNOKOKTA
Price-to-Earnings Ratio (TTM)19.25122.61
Price-to-Sales Ratio (TTM)1.025.95
Price-to-Book Ratio (MRQ)1.212.97
Price-to-Free Cash Flow Ratio (TTM)13.2721.14