NOK vs. TDY: Nokia vs. Teledyne Stock Comparison

November 11, 2026

How do Nokia (NOK) and Teledyne (TDY) 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

Nokia (NOK) and Teledyne (TDY) both fall under the Technology Hardware & Equipment industry group, but NOK is classified in Communications Equipment while TDY is classified in Electronic Equipment, Instruments & Components.

Teledyne (TDY) trades as ordinary local shares, while Nokia (NOK) trades as an ADR — compare with FX exposure, depositary-program fees, and dividend-withholding-tax differences in mind.

Company profile comparison for Nokia (NOK) and Teledyne (TDY)
Profile Item	NOK	TDY
Name	Nokia Corporation Sponsored ADR	Teledyne Technologies Incorporated
Country/Region	Finland	United States
GICS Sector	Information Technology	Information Technology
GICS Industry Group	Technology Hardware & Equipment	Technology Hardware & Equipment
GICS Industry	Communications Equipment	Electronic Equipment, Instruments & Components
GICS Sub-Industry	Communications Equipment	Electronic Equipment & Instruments
Market Capitalization	43.35 billion USD	28.68 billion USD
Currency	USD	USD
Exchange	NYSE	NYSE
Listing Date	July 1, 1994	November 23, 1999
Security Type	ADR	Common Stock

Price Performance

Cumulative Growth

NOK

TDY

GSPC

Nokia (NOK) vs. Teledyne (TDY), 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

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Trailing total returns for Nokia (NOK) and Teledyne (TDY). Returns over one year are annualized.

Calendar-Year Returns

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Calendar-year total returns for Nokia (NOK) and Teledyne (TDY). Each bar is that year's total return, measured year-end to year-end.

Performance Metrics

Price performance metrics for Nokia (NOK) and Teledyne (TDY)
Metric	NOK	TDY
Total Return (1Y)	19.81%	25.47%
Total Return (3Y, Annualized)	36.27%	19.59%
Total Return (5Y, Annualized)	9.52%	7.96%

Risk Profile

Drawdown History

NOK

TDY

GSPC

Nokia (NOK) vs. Teledyne (TDY), 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

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Distribution of monthly total returns for Nokia (NOK) and Teledyne (TDY). Each bar is the share of months whose return fell in that 5% bucket.

Risk Metrics

Nokia (NOK) is heavily traded at around 77.91M shares per day, whereas Teledyne (TDY) sees a more moderate 304.37K — larger orders in the latter may require more patience and tighter control over order sizing.

Risk profile metrics for Nokia (NOK) and Teledyne (TDY)
Metric	NOK	TDY
Volatility (1Y, Annualized)	62.40%	27.63%
Beta (5Y)	1.24	0.88
Max Drawdown (5Y)	-55.73%	-32.24%
Avg. Volume (3M)	77.91M	304.37K

Risk-Adjusted Performance

Risk-Return Positioning

NOK and TDY 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 Nokia (NOK) and Teledyne (TDY)
Metric	NOK	TDY
Sharpe Ratio (1Y)	0.25	0.77
Sortino Ratio (1Y)	0.35	1.19

Profitability

ROE (TTM)

Both Nokia (NOK) at 3.88% and Teledyne (TDY) at 9.47% land near their industries’ usual ROE ranges, so capital efficiency looks broadly in line with peers on both sides.

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%

TDY

Technology Hardware & Equipment industry group

9.47%

Max: 42.47%
Q3: 19.13%
Median: 11.00%
TDY: 9.47%
Q1: 1.63%
Min: -20.62%

Nokia (NOK) vs. Teledyne (TDY): A comparison of their ROE against the Technology Hardware & Equipment industry group benchmark.

Net Margin (TTM)

Teledyne (TDY) at 15.75% retains a top-quartile share of revenue as profit, ahead of Nokia (NOK) at 3.75%, which keeps about the industry-typical share.

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%

TDY

Technology Hardware & Equipment industry group

15.75%

Max: 27.60%
TDY: 15.75%
Q3: 11.66%
Median: 4.08%
Q1: 0.00%
Min: -11.02%

Nokia (NOK) vs. Teledyne (TDY): A comparison of their net margin against the Technology Hardware & Equipment industry group benchmark.

Operating Margin (TTM)

Teledyne (TDY) at 20.76% operates in the top operating margin quartile, ahead of Nokia (NOK) at 10.81%, which runs around its industry’s norm.

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%

TDY

Technology Hardware & Equipment industry group

20.76%

Max: 36.27%
TDY: 20.76%
Q3: 18.36%
Median: 8.84%
Q1: 1.46%
Min: -21.39%

Nokia (NOK) vs. Teledyne (TDY): A comparison of their operating margin against the Technology Hardware & Equipment industry group benchmark.

Profitability Metrics

Profitability metrics for Nokia (NOK) and Teledyne (TDY)
Metric	NOK	TDY
ROE (TTM)	3.88%	9.47%
ROA (TTM)	3.49%	5.31%
Net Margin (TTM)	3.75%	15.75%
Operating Margin (TTM)	10.81%	20.76%
Gross Margin (TTM)	45.43%	43.60%

Growth

Revenue Growth

Both Nokia (NOK) at 3.48% and Teledyne (TDY) at 7.86% land near their industries' usual revenue growth ranges, so top-line momentum looks broadly in line with peers on both sides.

Nokia (NOK) vs. Teledyne (TDY): A comparison of their Revenue Growth across different time periods.

EPS Growth

Teledyne (TDY) at 9.70% is around its peer norm for EPS growth, while Nokia (NOK) at -47.83% drops into the bottom quartile, signaling weaker earnings momentum.

Nokia (NOK) vs. Teledyne (TDY): A comparison of their EPS Growth across different time periods.

Growth Metrics

Growth metrics for Nokia (NOK) and Teledyne (TDY)
Metric	NOK	TDY
Revenue Growth (YoY)	3.48%	7.86%
Revenue Growth (3Y CAGR)	-5.76%	3.86%
EPS Growth (YoY)	-47.83%	9.70%
EPS Growth (3Y CAGR)	-45.71%	4.53%

Financial Strength

Current Ratio (MRQ)

Both Nokia (NOK) at 1.46 and Teledyne (TDY) at 2.31 carry current ratio within their industries’ typical mid-ranges, suggesting balanced short-term liquidity relative to peers.

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

TDY

Technology Hardware & Equipment industry group

2.31

Max: 5.34
Q3: 3.02
TDY: 2.31
Median: 1.95
Q1: 1.32
Min: 0.17

Nokia (NOK) vs. Teledyne (TDY): A comparison of their current ratio against the Technology Hardware & Equipment industry group benchmark.

Debt / Equity (MRQ)

Both Nokia (NOK) at 0.16 and Teledyne (TDY) at 0.18 fund their balance sheets with roughly industry-typical debt-to-equity mixes.

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

TDY

Technology Hardware & Equipment industry group

0.18

Max: 1.76
Q3: 0.78
Median: 0.24
TDY: 0.18
Q1: 0.04
Min: 0.01

Nokia (NOK) vs. Teledyne (TDY): A comparison of their debt-to-equity ratio against the Technology Hardware & Equipment industry group benchmark.

Financial Strength Metrics

Financial strength metrics for Nokia (NOK) and Teledyne (TDY)
Metric	NOK	TDY
Current Ratio (MRQ)	1.46	2.31
Debt / Equity (MRQ)	0.16	0.18
Net Debt / EBITDA	-0.59	0.88

Dividends

Dividend Yield (TTM)

Teledyne (TDY) 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.

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%

TDY

Technology Hardware & Equipment industry group

0.00%

Max: 0.73%
Q3: 0.31%
TDY: 0.00%
Median: 0.00%
Q1: 0.00%
Min: 0.00%

Nokia (NOK) vs. Teledyne (TDY): 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; Teledyne (TDY) pays no dividend (payout 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%

TDY

Technology Hardware & Equipment industry group

0.00%

Max: 32.27%
Q3: 14.48%
TDY: 0.00%
Median: 0.00%
Q1: 0.00%
Min: 0.00%

Nokia (NOK) vs. Teledyne (TDY): A comparison of their payout ratio against the Technology Hardware & Equipment industry group benchmark.

Dividend Metrics

Dividend metrics for Nokia (NOK) and Teledyne (TDY)
Metric	NOK	TDY
Dividend Yield (TTM)	1.88%	0.00%
Dividend Payout Ratio (TTM)	100.17%	0.00%

Valuation

P/E Ratio (TTM)

Teledyne (TDY) at 28.32 is near its industry’s usual P/E ratio, while Nokia (NOK) at 47.88 sits in the richer quartile — NOK needs stronger growth or earnings quality to justify the premium.

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

TDY

Technology Hardware & Equipment industry group

28.32

Max: 69.48
Q3: 41.02
TDY: 28.32
Median: 26.39
Q1: 19.36
Min: 6.07

Nokia (NOK) vs. Teledyne (TDY): A comparison of their P/E ratio against the Technology Hardware & Equipment industry group benchmark.

P/S Ratio (TTM)

On P/S ratio, both Nokia (NOK) at 2.08 and Teledyne (TDY) at 4.40 are priced roughly in line with their industries — neither looks cheap nor rich on a sales basis.

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

TDY

Technology Hardware & Equipment industry group

4.40

Max: 11.30
Q3: 5.82
TDY: 4.40
Median: 2.56
Q1: 1.05
Min: 0.00

Nokia (NOK) vs. Teledyne (TDY): A comparison of their P/S ratio against the Technology Hardware & Equipment industry group benchmark.

P/B Ratio (MRQ)

On P/B ratio, both Nokia (NOK) at 1.82 and Teledyne (TDY) at 2.57 are valued close to their industries’ norm against book — neither stands out from peers.

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

TDY

Technology Hardware & Equipment industry group

2.57

Max: 10.75
Q3: 5.52
Median: 3.17
TDY: 2.57
Q1: 1.79
Min: 0.33

Nokia (NOK) vs. Teledyne (TDY): A comparison of their P/B ratio against the Technology Hardware & Equipment industry group benchmark.

Valuation Metrics

Valuation metrics for Nokia (NOK) and Teledyne (TDY)
Metric	NOK	TDY
P/E Ratio (TTM)	47.88	28.32
P/S Ratio (TTM)	2.08	4.40
P/B Ratio (MRQ)	1.82	2.57
Free Cash Flow Yield (TTM)	2.98%	3.33%