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NOK vs. WDC: Nokia vs. Western Digital Stock Comparison

How do Nokia (NOK) and Western Digital (WDC) 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 Western Digital (WDC) both fall under the Technology Hardware & Equipment industry group, but NOK is classified in Communications Equipment while WDC is classified in Technology Hardware, Storage & Peripherals.

Western Digital (WDC) 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 Western Digital (WDC)
Profile ItemNOKWDC
NameNokia Corporation Sponsored ADRWestern Digital Corp.
Country/RegionFinlandUnited States
GICS SectorInformation TechnologyInformation Technology
GICS Industry GroupTechnology Hardware & EquipmentTechnology Hardware & Equipment
GICS IndustryCommunications EquipmentTechnology Hardware, Storage & Peripherals
GICS Sub-IndustryCommunications EquipmentTechnology Hardware, Storage & Peripherals
Market Capitalization43.35 billion USD98.74 billion USD
CurrencyUSDUSD
ExchangeNYSENasdaq
Listing DateJuly 1, 1994October 31, 1978
Security TypeADRCommon Stock

Price Performance

Cumulative Growth

NOK
WDC
GSPC
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Nokia (NOK) vs. Western Digital (WDC), 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 Western Digital (WDC). Returns over one year are annualized.

Calendar-Year Returns

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

Performance Metrics

Price performance metrics for Nokia (NOK) and Western Digital (WDC)
MetricNOKWDC
Total Return (1Y)19.81%78.89%
Total Return (3Y, Annualized)36.27%106.11%
Total Return (5Y, Annualized)9.52%47.06%

Risk Profile

Drawdown History

NOK
WDC
GSPC
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Nokia (NOK) vs. Western Digital (WDC), 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 Western Digital (WDC). Each bar is the share of months whose return fell in that 5% bucket.

Risk Metrics

Western Digital (WDC) carries a highly aggressive beta of 2.35, indicating much higher sensitivity to broad-market moves, whereas Nokia (NOK) is closer to market-like at 1.24 — a noticeable difference in market-sensitivity profile.

Risk profile metrics for Nokia (NOK) and Western Digital (WDC)
MetricNOKWDC
Volatility (1Y, Annualized)62.40%83.20%
Beta (5Y)1.242.35
Max Drawdown (5Y)-55.73%-64.64%
Avg. Volume (3M)77.91M8.01M

Risk-Adjusted Performance

Risk-Return Positioning

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NOK and WDC 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 Western Digital (WDC)
MetricNOKWDC
Sharpe Ratio (1Y)0.250.90
Sortino Ratio (1Y)0.351.32

Profitability

ROE (TTM)

Western Digital (WDC) at 129.60% clears its industry range for ROE, a sharper capital-efficiency signal than Nokia (NOK) at 3.88%, which is closer to a typical peer reading.

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%

WDC

Technology Hardware & Equipment industry group

129.60%

WDC
129.60%
Max
42.47%
Q3
19.13%
Median
11.00%
Q1
1.63%
Min
-20.62%
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Nokia (NOK) vs. Western Digital (WDC): A comparison of their ROE against the Technology Hardware & Equipment industry group benchmark.

Net Margin (TTM)

Western Digital (WDC) at 69.20% converts revenue to bottom-line profit above its industry’s benchmark range, while Nokia (NOK) at 3.75% keeps roughly the typical share for its industry.

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%

WDC

Technology Hardware & Equipment industry group

69.20%

WDC
69.20%
Max
27.60%
Q3
11.66%
Median
4.08%
Q1
0.00%
Min
-11.02%
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Nokia (NOK) vs. Western Digital (WDC): A comparison of their net margin against the Technology Hardware & Equipment industry group benchmark.

Operating Margin (TTM)

Western Digital (WDC) at 47.68% turns sales into operating profit above its industry’s benchmark range, while Nokia (NOK) at 10.81% operates 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%

WDC

Technology Hardware & Equipment industry group

47.68%

WDC
47.68%
Max
36.27%
Q3
18.36%
Median
8.84%
Q1
1.46%
Min
-21.39%
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Nokia (NOK) vs. Western Digital (WDC): A comparison of their operating margin against the Technology Hardware & Equipment industry group benchmark.

Profitability Metrics

Profitability metrics for Nokia (NOK) and Western Digital (WDC)
MetricNOKWDC
ROE (TTM)3.88%129.60%
ROA (TTM)3.49%25.88%
Net Margin (TTM)3.75%69.20%
Operating Margin (TTM)10.81%47.68%
Gross Margin (TTM)45.43%52.60%

Growth

Revenue Growth

Western Digital (WDC) at 35.70% sits in the top revenue growth quartile, while Nokia (NOK) at 3.48% is closer to the peer norm — faster top-line expansion for WDC.

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Nokia (NOK) vs. Western Digital (WDC): A comparison of their Revenue Growth across different time periods.

EPS Growth

Western Digital (WDC) at 372.38% delivers above-range EPS growth, while Nokia (NOK) at -47.83% falls into the bottom quartile — a wide split in earnings momentum.

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Nokia (NOK) vs. Western Digital (WDC): A comparison of their EPS Growth across different time periods.

Growth Metrics

Growth metrics for Nokia (NOK) and Western Digital (WDC)
MetricNOKWDC
Revenue Growth (YoY)3.48%35.70%
Revenue Growth (3Y CAGR)-5.76%27.35%
EPS Growth (YoY)-47.83%372.38%
EPS Growth (3Y CAGR)-45.71%--

Financial Strength

Current Ratio (MRQ)

Both Nokia (NOK) at 1.46 and Western Digital (WDC) at 1.43 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

WDC

Technology Hardware & Equipment industry group

1.43

Max
5.34
Q3
3.02
Median
1.95
WDC
1.43
Q1
1.32
Min
0.17
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Nokia (NOK) vs. Western Digital (WDC): A comparison of their current ratio against the Technology Hardware & Equipment industry group benchmark.

Debt / Equity (MRQ)

Both Nokia (NOK) at 0.16 and Western Digital (WDC) at 0.10 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

WDC

Technology Hardware & Equipment industry group

0.10

Max
1.76
Q3
0.78
Median
0.24
WDC
0.10
Q1
0.04
Min
0.01
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Nokia (NOK) vs. Western Digital (WDC): 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 Western Digital (WDC)
MetricNOKWDC
Current Ratio (MRQ)1.461.43
Debt / Equity (MRQ)0.160.10
Net Debt / EBITDA-0.59-0.06

Dividends

Dividend Yield (TTM)

Western Digital (WDC) at 0.21% pays an industry-typical yield; Nokia (NOK) at 1.88% is above its entire peer range — the higher number, but one that calls for a look at payout sustainability before treating it as an advantage.

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%

WDC

Technology Hardware & Equipment industry group

0.21%

Max
0.73%
Q3
0.31%
WDC
0.21%
Median
0.00%
Q1
0.00%
Min
0.00%
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Nokia (NOK) vs. Western Digital (WDC): 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 Western Digital (WDC) reports 1.93%, ranking against industry peers normally.

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%

WDC

Technology Hardware & Equipment industry group

1.93%

Max
32.27%
Q3
14.48%
WDC
1.93%
Median
0.00%
Q1
0.00%
Min
0.00%
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Nokia (NOK) vs. Western Digital (WDC): A comparison of their payout ratio against the Technology Hardware & Equipment industry group benchmark.

Dividend Metrics

Dividend metrics for Nokia (NOK) and Western Digital (WDC)
MetricNOKWDC
Dividend Yield (TTM)1.88%0.21%
Dividend Payout Ratio (TTM)100.17%1.93%

Valuation

P/E Ratio (TTM)

Western Digital (WDC) at 9.28 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.

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

WDC

Technology Hardware & Equipment industry group

9.28

Max
69.48
Q3
41.02
Median
26.39
Q1
19.36
WDC
9.28
Min
6.07
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Nokia (NOK) vs. Western Digital (WDC): A comparison of their P/E ratio against the Technology Hardware & Equipment industry group benchmark.

P/S Ratio (TTM)

Nokia (NOK) at 2.08 is priced about in line with its industry on P/S ratio, while Western Digital (WDC) at 6.82 sits in the pricier quartile — WDC costs more per dollar of sales.

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

WDC

Technology Hardware & Equipment industry group

6.82

Max
11.30
WDC
6.82
Q3
5.82
Median
2.56
Q1
1.05
Min
0.00
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Nokia (NOK) vs. Western Digital (WDC): A comparison of their P/S ratio against the Technology Hardware & Equipment industry group benchmark.

P/B Ratio (MRQ)

Nokia (NOK) at 1.82 is valued about in line with its industry on P/B ratio, while Western Digital (WDC) at 10.55 carries an above-peer premium to book — WDC is pricier on assets.

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

WDC

Technology Hardware & Equipment industry group

10.55

Max
10.75
WDC
10.55
Q3
5.52
Median
3.17
Q1
1.79
Min
0.33
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Nokia (NOK) vs. Western Digital (WDC): A comparison of their P/B ratio against the Technology Hardware & Equipment industry group benchmark.

Valuation Metrics

Valuation metrics for Nokia (NOK) and Western Digital (WDC)
MetricNOKWDC
P/E Ratio (TTM)47.889.28
P/S Ratio (TTM)2.086.82
P/B Ratio (MRQ)1.8210.55
Free Cash Flow Yield (TTM)2.98%2.76%