(NESTE) Neste Oil - HE
Sector: Energy | Industry: Oil & Gas Refining & Marketing | Exchange: HE (Finland) | Market Cap: 20.552m EUR | Total Return: 146.2% in 12m
Avg Turnover: 18.3M
Qual. Beats: 1
Rev. Trend: -98.5%
Qual. Beats: 0
Warnings
Below Avwap Earnings
Tailwinds
Rs Leader, Idiosyncratic Leader, Confidence
Neste Oyj is a Finland-based energy company specializing in renewable diesel, sustainable aviation fuel (SAF), and traditional oil products. The company operates through three primary segments: Renewable Products, Oil Products, and Marketing & Services, serving a global client base that includes retailers, distributors, and industrial transport providers.
The business model relies on converting waste and residues into high-quality fuels, positioning the firm as a leader in the energy transition. As global regulations increasingly mandate lower carbon emissions in the aviation and heavy transport sectors, Neste leverages its proprietary NEXBTL technology to maintain a competitive advantage in the renewable refining space.
For a deeper look into the companys valuation and growth metrics, consider exploring the data on ValueRay. Founded in 1948 and headquartered in Espoo, the firm has evolved from a regional refiner into a global supplier of circular economy solutions and electric vehicle charging services.
- Renewable products sales margin impacted by lower sales price and feedstock costs
- Sustainable aviation fuel capacity expansion drives long-term revenue growth
- Regulatory changes to biofuel mandates and tax credits affect demand
- Refining margins in Oil Products segment fluctuate with global energy prices
| Net Income: 717.0m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.09 > 0.02 and ΔFCF/TA 10.48 > 1.0 |
| NWC/Revenue: 15.48% < 20% (prev 13.06%; Δ 2.42% < -1%) |
| CFO/TA 0.14 > 3% & CFO 2.45b > Net Income 717.0m |
| Net Debt (4.50b) to EBITDA (1.80b): 2.50 < 3 |
| Current Ratio: 1.59 > 1.5 & < 3 |
| Outstanding Shares: last quarter (772.5m) vs 12m ago 0.55% < -2% |
| Gross Margin: 7.67% > 18% (prev 5.38%; Δ 2.29% > 0.5%) |
| Asset Turnover: 112.2% > 50% (prev 129.6%; Δ -17.41% > 0%) |
| Interest Coverage Ratio: 4.99 > 6 (EBIT TTM 869.0m / Interest Expense TTM 174.0m) |
| A: 0.16 (Total Current Assets 8.03b - Total Current Liabilities 5.06b) / Total Assets 18.1b |
| B: 0.44 (Retained Earnings 7.91b / Total Assets 18.1b) |
| C: 0.05 (EBIT TTM 869.0m / Avg Total Assets 17.1b) |
| D: 0.74 (Book Value of Equity 7.70b / Total Liabilities 10.4b) |
| Altman-Z'' = 3.63 = AA |
| DSRI: 1.54 (Receivables 2.12b/1.49b, Revenue 19.2b/20.9b) |
| GMI: 0.70 (GM 5.38% / 7.67%) |
| AQI: 0.81 (AQ_t 0.06 / AQ_t-1 0.07) |
| SGI: 0.92 (Revenue 19.2b / 20.9b) |
| TATA: -0.10 (NI 717.0m - CFO 2.45b) / TA 18.1b) |
| Beneish M = -3.03 (Cap -4..+1) = AA |
As of June 18, 2026, the stock is trading at EUR 26.75 with a total of 762,592 shares traded.
Over the past week, the price has changed by -5.61%,
over one month by -8.04%,
over three months by -6.24% and
over the past year by +146.24%.
Neste Oil has no consensus analysts rating.
P/E Trailing = 28.7634
P/E Forward = 11.3379
P/S = 1.0725
P/B = 2.694
P/EG = 0.3183
Revenue TTM = 19.2b EUR
EBIT TTM = 869.0m EUR
EBITDA TTM = 1.80b EUR
Long Term Debt = 3.96b EUR (from longTermDebt, last quarter)
Short Term Debt = 509.0m EUR (from shortTermDebt, last quarter)
Debt = 6.14b EUR (from shortLongTermDebtTotal, last quarter) + Leases 930.0m
Net Debt = 4.50b EUR (calculated: Debt 6.14b - CCE 1.64b)
Enterprise Value = 25.0b EUR (20.6b + Debt 6.14b - CCE 1.64b)
Interest Coverage Ratio = 4.99 (Ebit TTM 869.0m / Interest Expense TTM 174.0m)
EV/FCF = 15.80x (Enterprise Value 25.0b / FCF TTM 1.58b)
FCF Yield = 6.33% (FCF TTM 1.58b / Enterprise Value 25.0b)
FCF Margin = 8.27% (FCF TTM 1.58b / Revenue TTM 19.2b)
Net Margin = 3.74% (Net Income TTM 717.0m / Revenue TTM 19.2b)
Gross Margin = 7.67% ((Revenue TTM 19.2b - Cost of Revenue TTM 17.7b) / Revenue TTM)
Gross Margin QoQ = 16.75% (prev -1.05%)
Tobins Q-Ratio = 1.39 (Enterprise Value 25.0b / Total Assets 18.1b)
Interest Expense / Debt = 2.84% (Interest Expense 174.0m / Debt 6.14b)
Taxrate = 22.34% (206.0m / 922.0m)
NOPAT = 674.8m (EBIT 869.0m * (1 - 22.34%))
Current Ratio = 1.59 (Total Current Assets 8.03b / Total Current Liabilities 5.06b)
Debt / Equity = 0.80 (Debt 6.14b / totalStockholderEquity, last quarter 7.70b)
Debt / EBITDA = 2.50 (Net Debt 4.50b / EBITDA 1.80b)
Debt / FCF = 2.84 (Net Debt 4.50b / FCF TTM 1.58b)
Total Stockholder Equity = 7.36b (last 4 quarters mean from totalStockholderEquity)
RoA = 4.20% (Net Income 717.0m / Total Assets 18.1b)
RoE = 9.75% (Net Income TTM 717.0m / Total Stockholder Equity 7.36b)
RoCE = 7.68% (EBIT 869.0m / Capital Employed (Equity 7.36b + L.T.Debt 3.96b))
RoIC = 5.38% (NOPAT 674.8m / Invested Capital 12.6b)
WACC = 6.52% (E(20.6b)/V(26.7b) * Re(7.81%) + D(6.14b)/V(26.7b) * Rd(2.84%) * (1-Tc(0.22)))
Discount Rate = 7.81% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: 42.22 | Cagr: 0.25%
[DCF] Terminal Value 75.44% ; FCFF base≈1.58b ; Y1≈1.59b ; Y5≈1.69b
[DCF] Fair Price = 28.28 (EV 26.2b - Net Debt 4.50b = Equity 21.7b / Shares 768.3m; r=8.35% [WACC [floored]]; 5y FCF grow 0.0% → 2.50% )
EPS Correlation: N/A | EPS CAGR: N/A | SUE: 2.03 | # QB: 1
Revenue Correlation: -98.49 | Revenue CAGR: -7.80% | SUE: 0.34 | # QB: 0
EPS current Quarter (2026-06-30): EPS=0.92 | Chg30d=-0.62% | Revisions=+50% | Analysts=9
EPS next Quarter (2026-09-30): EPS=0.56 | Chg30d=-1.62% | Revisions=+27% | Analysts=9
EPS current Year (2026-12-31): EPS=2.61 | Chg30d=+3.06% | Revisions=+68% | GrowthEPS=+272.3% | GrowthRev=+12.3%
EPS next Year (2027-12-31): EPS=2.03 | Chg30d=+0.75% | Revisions=+68% | GrowthEPS=-22.3% | GrowthRev=+11.7%
[Analyst] Revisions Ratio: +68%