Yeah it is easy to agree that Nokia looks undervalued at the moment. The key question is what will be the catalyst or value driver that fixes the situation. Everybody can see those low multiples but for some reason investors are cautious that Nokia’s current earnings levels will hold up. Despite the fact that Nokia’s outlook and financial targets indicate that the comparable EBIT will still improve from current +3000 MEUR levels. All in all, interesting situation with the share and hard to see much downside if the earnings hold up.
6 gillningar