Nokia Oyj (NOK) vs STMicroelectronics N.V. (STM)

A side-by-side comparison of Nokia Oyj and STMicroelectronics N.V. across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of October 2, 2026. Differences are shown without an overall score or investment verdict.

Compare

Total return — NOK vs STM

growth of $100 · dividends reinvested · last 10y
NOK +129.1% (+8.6%/yr)STM +661.1% (+22.5%/yr)STM compounded faster over this window
02004006008001kStart $10020182020202220242026$229$761
NOK STM

NOK vs STM: by the numbers

  • •NOK is the larger company ($57.25B vs $51.11B market cap).
  • •NOK trades at the lower trailing earnings multiple (73.29 vs 112.27 P/E), one valuation lens rather than an overall verdict.
  • •STM grew revenue faster over the past five years (1.90% vs -2.30% CAGR).
  • •NOK pays the higher dividend yield (1.54% vs 0.63%).

Metrics side by side

Valuation

MetricNOKSTM
P/E ratio73.29112.27
Forward P/EN/A42.07
P/S ratio2.433.91
P/B ratio2.362.90
EV / EBITDA28.6224.36
FCF yield1.12%0.42%

Profitability

MetricNOKSTM
Gross margin44.40%34.29%
Operating margin3.44%5.23%
Net margin3.52%3.55%
ROE3.43%2.64%
ROIC1.71%1.88%

Dividends

MetricNOKSTM
Dividend yield1.54%0.63%
Payout ratio113.02%70.59%

Growth (annualized)

MetricNOKSTM
Revenue CAGR (5Y)-2.30%1.90%
EPS CAGR (5Y)N/A-31.29%
FCF CAGR (5Y)1.93%-27.07%
Total return CAGR (5Y)17.06%6.65%

Frequently asked

Which has the lower trailing P/E, NOK or STM?
NOK has the lower trailing P/E: NOK trades at 73.29 and STM at 112.27. P/E is one valuation measure and does not by itself establish which business is cheaper.
Which has grown faster, NOK or STM?
Over the past five years, STM grew revenue faster — NOK at a -2.30% CAGR versus STM at 1.90%.
Does NOK or STM pay a bigger dividend?
NOK yields 1.54% and STM yields 0.63% based on trailing dividends and the latest price.
How have NOK and STM total returns compared?
Over the past 10 years, NOK delivered 8.51% and STM delivered 22.72% annualized total return. Past performance doesn't predict future results.

Figures are sourced from reported fundamentals and the latest end-of-day price. This comparison is informational only and is not investment advice. Past performance does not predict future results. See our methodology. Compiled by TGMCharts Research · data verified October 2, 2026.