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Stock Comparison · Valuation-led comparison

Nokia Oyj vs Skyworks Solutions: Which Stock Looks Stronger in 2026?

Skyworks Solutions holds the cleaner structural position, with valuation as the main driver and growth adding further support. Nokia Oyj still leads on growth and stability, which keeps the comparison from looking entirely one-sided. In the market, Nokia Oyj carries the stronger setup — intact trend against Skyworks Solutions's broken trend. That leaves a split case: the structural lead stays with Skyworks Solutions, but the market is not currently confirming it.

The comparison is based on similar long-term financial trajectories, not sector labels. Peer scores are normalised within each company's primary universe (NOKIA.HE: STOXX 600, SWKS: Russell 1000).

Updated 2026-05-17

The comparison is mainly decided in valuation, with the rest of the profile carrying less weight. The overall score gap is 15 points in favour of Skyworks Solutions, Inc..

Trajectory Similarity
0.69
Moderately similar
Peer-set rank: #13
within Nokia Oyj's functional peer set

This pair is matched through long-term financial trajectory similarity within the selected peer universe.

This level of similarity points to a meaningful structural match, though not a tight one.

Most of the shared profile comes through capital structure and revenue growth trajectory.

Similarity drivers
capital structurerevenue growth trajectory
How to read the score
0.85–1.00 · Very similar0.70–0.84 · Similar0.55–0.69 · Moderately similarbelow 0.55 · Loose match
Peer-Relative Score
NOKIA.HE
Nokia Oyj
29
Peer-Score
Signal qualitylow
Peer basis: STOXX 600
vs
SWKS
Skyworks Solutions, Inc.
44
Peer-Score
Signal qualityHigh
Peer basis: Russell 1000

Scores reflect position relative to comparable companies with similar long-term financial trajectories.

Pricing shapes this comparison more than a broad operating gap.

Dimension spread: NOKIA.HE vs SWKS Profitability 15 37 Stability 59 45 Valuation 14 72 Growth 43 10 NOKIA.HE SWKS
Gap Ranking
#1 Valuation +58
#2 Growth +33
#3 Profitability +22
#4 Stability +14
Price Setup

Left means cheaper relative valuation. Higher means stronger structure.

Price setup map for NOKIA.HE and SWKS Stronger + cheaper Stronger + richer Weaker + cheaper Weaker + richer NOKIA.HESWKS Relative valuation Structural strength

Nokia Oyj still looks stronger overall, though current pricing looks more supportive for Skyworks Solutions, Inc..

Valuation position uses peer-relative PE percentile (idx_pct_pe) where available.

Entry today — historical context

Where NOKIA.HE and SWKS each sit in their own 5-year price and valuation history.

BASED ON 5-YEAR HISTORY NOKIA.HE Elevated · above norm 0th 50th 100th 85 pct gap SWKS Lower · above norm 0th 50th 100th 99th 14th
Today SWKS sits in the lower portion of its own 5-year history (14th percentile), while NOKIA.HE sits higher in its own history (99th). Within each stock's own 5-year context, SWKS is at a historically more favourable entry position than NOKIA.HE. This reflects entry timing, not which company is structurally stronger — peer-relative analysis is a separate question addressed above.

Describes historical entry positioning only. Descriptive — not investment advice.

Relative Position vs Comparable Companies
Valuation
On valuation, Skyworks Solutions, Inc. ranks near the top of the group; Nokia Oyj sits in the weaker half.
Growth
Nokia Oyj holds the stronger peer position on growth.
Valuation — Dominant Gap
NOKIA.HE
14
SWKS
72
Gap+58in favour of SWKS

The multiple-based pricing edge comes from a forward P/E that is 17.4 turns lower.

What keeps the gap from being one-sided

A meaningful counterforce remains in growth, which keeps the comparison from looking completely one-sided.

What this means for the comparison

The valuation edge is decisive, even though current pricing and growth still lean somewhat toward Nokia Oyj.

Explore full peer positioning in AssetNext

Break down the NOKIA.HE vs SWKS comparison across all dimensions with the full interactive tool.

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Other comparisons with conflicting dimension signals

Explore how NOKIA.HE and SWKS each compare against other companies in their peer groups.

Rule-based, descriptive analysis only. Derived from peer percentile dimensions. Not investment advice. Peer groups are determined algorithmically based on structural similarity — not by sector classification alone.

How AssetNext Peer Scores Work

AssetNext scores reflect each company's structural position within its functional peer group — not a ranking against all stocks simultaneously. Peers are identified by similarity across eight financial dimensions, including revenue growth trajectory, margin structure, capital intensity, and earnings stability. A score of 75 means the company ranks in the top quartile within its own peer group, not the entire market.

Four dimension scores drive the overall peer score: Growth (revenue trajectory and expansion dynamics), Quality (margin structure and capital efficiency), Valuation (peer-relative pricing on standard multiples), and Stability (earnings consistency and financial predictability). Each dimension is scored 0–100 relative to the peer group, then combined into an overall peer score using equal weighting.

Because scores are peer-relative, the same company can have slightly different scores in different index universes. On comparison pages, both companies are shown within their shared peer universe wherever possible — so the scores are directly comparable. The peer basis is stated on each score card.

Scores are recalculated periodically as underlying financial data is updated. All analysis is descriptive and rule-based — AssetNext describes structural realities and never issues buy, sell or hold recommendations.