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.
| Profile Item | NOK | WDC |
|---|---|---|
| Name | Nokia Corporation Sponsored ADR | Western Digital Corp. |
| Country/Region | Finland | United States |
| GICS Sector | Information Technology | Information Technology |
| GICS Industry Group | Technology Hardware & Equipment | Technology Hardware & Equipment |
| GICS Industry | Communications Equipment | Technology Hardware, Storage & Peripherals |
| GICS Sub-Industry | Communications Equipment | Technology Hardware, Storage & Peripherals |
| Market Capitalization | 43.35 billion USD | 98.74 billion USD |
| Currency | USD | USD |
| Exchange | NYSE | Nasdaq |
| Listing Date | July 1, 1994 | October 31, 1978 |
| Security Type | ADR | Common Stock |
Price Performance
Cumulative Growth
Trailing Returns
Calendar-Year Returns
Performance Metrics
| Metric | NOK | WDC |
|---|---|---|
| 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
Return Distribution
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.
| Metric | NOK | WDC |
|---|---|---|
| Volatility (1Y, Annualized) | 62.40% | 83.20% |
| Beta (5Y) | 1.24 | 2.35 |
| Max Drawdown (5Y) | -55.73% | -64.64% |
| Avg. Volume (3M) | 77.91M | 8.01M |
Risk-Adjusted Performance
Risk-Return Positioning
Risk-Adjusted Metrics
| Metric | NOK | WDC |
|---|---|---|
| Sharpe Ratio (1Y) | 0.25 | 0.90 |
| Sortino Ratio (1Y) | 0.35 | 1.32 |
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%
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%
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%
Profitability Metrics
| Metric | NOK | WDC |
|---|---|---|
| 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.
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.
Growth Metrics
| Metric | NOK | WDC |
|---|---|---|
| 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
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
Financial Strength Metrics
| Metric | NOK | WDC |
|---|---|---|
| Current Ratio (MRQ) | 1.46 | 1.43 |
| Debt / Equity (MRQ) | 0.16 | 0.10 |
| 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%
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%
Dividend Metrics
| Metric | NOK | WDC |
|---|---|---|
| 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
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
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
Valuation Metrics
| Metric | NOK | WDC |
|---|---|---|
| P/E Ratio (TTM) | 47.88 | 9.28 |
| P/S Ratio (TTM) | 2.08 | 6.82 |
| P/B Ratio (MRQ) | 1.82 | 10.55 |
| Free Cash Flow Yield (TTM) | 2.98% | 2.76% |