Garmin Ltd. vs Nokia Corp — how do they compare? Garmin Ltd. trades at $309.51 (market cap $59.72B), while Nokia Corp trades at $10.2 (market cap $53.00B). The key difference: Garmin Ltd. and Nokia Corp are close in size by market cap, and Nokia Corp pays the higher dividend (1.73%). Which is the better fit depends on your goals.
| GRMN | NOK | |
|---|---|---|
Market Cap | $59.72B | $53.00B |
Sector | Technology | Technology |
52-Week High | $313.16 | $16.83 |
52-Week Low | $187.10 | $4.13 |
Enterprise Value | $57.23B | $50.95B |
Dividend Yield | 1.36% | 1.73% |
Trailing returns across standard periods
Garmin produces GPS-enabled hardware and software for five verticals: fitness, outdoors, auto, aviation, and marine. The company relies on licensing mapping data to enable its hardware specialized for often niche activities like scuba diving or sailing. Garmin operates in 100 countries and sells its products via distributors as well as relationships with original equipment manufacturers.
Read more on GRMN →Nokia is a leading vendor in the telecommunications equipment industry. The company's network business derives revenue from selling wireless and fixed-line hardware, software, and services. Nokia's technology segment licenses its patent portfolio to handset manufacturers and makes royalties from Nokia-branded cellphones. The company, headquartered in Espoo, Finland, operates on a global scale, with most of its revenue from communication service providers.
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