Hormel Foods Corp vs Nokia Corp — how do they compare? Hormel Foods Corp trades at $25.19 (market cap $13.91B), while Nokia Corp trades at $10.96 (market cap $56.70B). The key difference: Nokia Corp is far larger — about 4.1× Hormel Foods Corp's market cap, and Hormel Foods Corp pays the higher dividend (4.63%). Which is the better fit depends on your goals.
| HRL | NOK | |
|---|---|---|
Market Cap | $13.91B | $56.70B |
Sector | Consumer Staples | Technology |
52-Week High | $29.52 | $16.83 |
52-Week Low | $19.74 | $4.05 |
Enterprise Value | $15.91B | $53.51B |
Dividend Yield | 4.63% | 1.63% |
Trailing returns across standard periods
Hormel Foods is a protein-focused branded food company. Its brands include its namesake Hormel, Spam, Jennie-O, Dinty Moore, Applegate, Wholly Guacamole, and Skippy. The vast majority of the company's revenue is U.S.-based: 64% U.S. retail, 28% U.S. food service, and 8% international. By product type, in fiscal 2021, 23% of revenue was shelf-stable foods, 18% was poultry (branded and commodity), 55% was other perishable food, and 3% was other, primarily nutritional products. The company holds the number-one market position in shelf-stable meat, shelf-stable ready meals, pepperoni, natural/organic deli meat, and guacamole and the number-two position in turkey, bacon, chilled ready meals, and peanut butter.
Read more on HRL →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.
Read more on NOK →