HP vs Nokia (HPQ vs NOKIA.HE)

HP (HPQ) vs Nokia (NOKIA.HE) in plain English: P/E, growth, margins, debt and dividend side by side, key differences and which fits each investor profile.

HP (HPQ) and Nokia (NOKIA.HE) compete in hardware and devices. Here are HP and Nokia side by side with their real figures as of November 4, 2026: what sets them apart, which fits each kind of investor and the most common questions, without telling you whether to buy HP or Nokia.

HP vs Nokia: the figures

HP and Nokia figures from Yahoo Finance, the same source the Fintols analysis uses, retrieved on November 4, 2026; N/A means that HP or Nokia figure is not available, and we never estimate it.

3 key differences between HP and Nokia

1. Valuation: Nokia trades at 52.9x its annual earnings and HP at 11.4x; the market pays more for each dollar of Nokia profit, usually because it expects more growth.
2. Dividend: HP yields 4.24% at today's price and Nokia yields 1.83%.
3. Debt: HP owes 1.3x its annual operating profit (EBITDA), while Nokia holds more cash than debt.

HP or Nokia: which fits your profile

• If you want growth: HP is growing faster today, so it fits better with investors who put business growth first, usually accepting a higher P/E and a bumpier ride.
• If you want income (dividends): HP pays the higher dividend relative to its price.
• If you prefer caution: Nokia has less debt relative to its profit, which usually gives more room in a bad year.
• If price is what matters most to you: HP trades on the lower P/E; check first whether that is an opportunity or a sign of a business that grows less.

Neither HP nor Nokia wins on everything, and owning both is also an option: spreading money across several companies or an index fund reduces what rides on each one.

How HP and Nokia make money

HP (HPQ)

HP Inc. reports two segments: Personal Systems, its biggest, covering laptops, desktops and workstations, and Printing, which sells printers and, more importantly, the ink and toner cartridges customers keep buying. It sells to consumers, businesses and governments across the Americas, Europe and Asia. Full HP analysis.

Nokia (NOKIA.HE)

Nokia sells telecom equipment to carriers, enterprises and data centers: fixed, optical and IP networks, radio access gear for mobile networks, and network software and services. Its Nokia Technologies unit also licenses patents to phone makers. It no longer makes its own-brand phones and sells across North America, Europe and Asia. Full Nokia analysis.

Frequently asked questions: HP vs Nokia

Is HP or Nokia the better stock?

Choosing between HP and Nokia depends on what you are looking for. HP is growing faster right now, and HP trades on the lower P/E. Fintols does not tell you whether to buy HP or Nokia: it shows you the differences so you can decide.

Which pays a higher dividend, HP or Nokia?

As of November 4, 2026, HP yields 4.24% and Nokia yields 1.83%. Also check how much of their profit HP and Nokia pay out: if it is more than they earn, it cannot last.

Which is more expensive, HP or Nokia?

On P/E, Nokia (52.9x) is more expensive than HP (11.4x) as of November 4, 2026. A higher P/E can be justified if earnings grow faster, so compare it with each company's growth in the table.

Can I own both HP and Nokia?

Yes. Many people spread their money across several companies, such as HP and Nokia, or use index funds so they do not depend on just one. If you are starting out, decide how much you want to invest and for how long before buying HP or Nokia.

More comparisons with HP or Nokia

• HP vs Supermicro
• HP vs IonQ
• Nokia vs Supermicro
• IonQ vs Nokia

More companies like HP and Nokia: hardware and devices stocks. Educational content about HP and Nokia, not investment advice.