27% CAGR expected to 2017?
Operating margins expected to rise from 4% to 12% with an accompanying fall in revenue from 11b to 6b.
With the restructuring and operating leverage efficiencies, I would not be surprised to see earnings grow a little faster then the growth rate in revenue. A pessimistic view could be a conservative 15%.
The price could easily rise 15% a year alone based on the business and earnings growth without any pe expansion.
I'm wildly guessing we are around a 15 -20 pe multiple based on price now? (Help with this one appreciated please)
And we havent talked about any HERE licensing for indoor mapping applications.
Or touched on the monetization of patents.
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blogs.nokiasiemensnetworks.com
We can stand on every soapbox there is to share how wonderful we think we are, but we think it’s a lot more rewarding to share the positive assessments we receive from research firms such as Gartner.Earlier this year, Gartner published its first vendor rating on NSN, granting us a “Positive” rating, the second highest of five levels, and a clear step up from a “Promising” rating in the 2012 Nokia Vendor Rating.And now, for the second consecutive year, Gartner has positioned NSN in the “Leaders” quadrant of its wildly popular Gartner Magic Quadrant for LTE Network Infrastructure 2013 based on an evaluation of the company’s product development and innovation, financial performance, and customer references. We believe it shows that we are among the top three global network suppliers best positioned to support a mobile operator’s future in LTE and TD-LTE.All we can say is, wow!In less than two years, with a strategy focused on excelling in mobile broadband, NSN continues to turn a corner and emerge in the leading pack of LTE and TD-LTE globally. To date, we have 89 commercial references for the delivery of LTE, and we’ve got a team fired up in the race to continue raising that number at a fast pace. And in TD-LTE, a July 2013 GSA report suggests there are 18 commercial TD-LTE launches, eight of which NSN supplies.The excitement about what we are now achieving is palpable.
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gartner.com
The worldwide market for end-to-end LTE network infrastructure includes 10 vendors. We forecast that it will grow from $10.8 billion in 2013 to $33.6 billion in 2017, to account for over 72% of spending on mobile network infrastructure (see "Forecast: Carrier Network Infrastructure, Worldwide, 2010-2017, 2Q13 Update"). We also forecast that LTE network infrastructure will show a compound annual growth rat
e (CAGR) of 41.8% over that period, making it the fastest-growing segment, not just in the mobile network infrastructure market but also in the overall carrier network infrastructure market.
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