Financials Neste Oyj Xetra

Equities

NEF

FI0009013296

Oil & Gas Refining and Marketing

Real-time Estimate Tradegate 12:44:04 2024-05-23 pm EDT 5-day change 1st Jan Change
19.78 EUR -59.13% Intraday chart for Neste Oyj 0.00% 0.00%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 23,814 45,425 33,299 33,043 24,744 15,387 - -
Enterprise Value (EV) 1 23,623 45,160 33,340 34,387 27,232 18,343 17,903 17,544
P/E ratio 13.3 x 63.6 x 18.9 x 17.5 x 17.2 x 14.9 x 9.19 x 8.46 x
Yield 3.29% 1.35% 1.89% 3.53% 3.73% 5.13% 5.65% 5.59%
Capitalization / Revenue 1.5 x 3.87 x 2.2 x 1.29 x 1.08 x 0.74 x 0.68 x 0.66 x
EV / Revenue 1.49 x 3.84 x 2.2 x 1.34 x 1.19 x 0.89 x 0.79 x 0.76 x
EV / EBITDA 9.59 x 21.5 x 17.4 x 9.72 x 7.87 x 7.54 x 5.7 x 5.34 x
EV / FCF 26.6 x 34.9 x 32.8 x -63 x 40.5 x 25.3 x 13.1 x 9.85 x
FCF Yield 3.76% 2.87% 3.05% -1.59% 2.47% 3.95% 7.62% 10.2%
Price to Book 4.02 x 7.66 x 4.77 x 3.97 x 2.92 x 1.84 x 1.67 x 1.55 x
Nbr of stocks (in thousands) 767,684 767,837 767,969 768,083 768,200 768,216 - -
Reference price 2 31.02 59.16 43.36 43.02 32.21 20.03 20.03 20.03
Announcement Date 2/7/20 2/5/21 2/10/22 2/8/23 2/8/24 - - -
1EUR in Million2EUR
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 15,840 11,751 15,148 25,707 22,926 20,706 22,722 23,184
EBITDA 1 2,464 2,096 1,920 3,537 3,458 2,433 3,141 3,285
EBIT 1 1,962 1,416 1,342 2,899 2,592 1,483 2,124 2,231
Operating Margin 12.39% 12.05% 8.86% 11.28% 11.31% 7.16% 9.35% 9.62%
Earnings before Tax (EBT) 1 2,067 786 1,962 2,279 1,596 1,183 1,781 1,973
Net income 1 1,789 712 1,771 1,888 1,433 1,242 1,730 1,871
Net margin 11.29% 6.06% 11.69% 7.34% 6.25% 6% 7.62% 8.07%
EPS 2 2.330 0.9300 2.300 2.460 1.870 1.346 2.179 2.367
Free Cash Flow 1 889 1,295 1,017 -546 672 724.5 1,364 1,781
FCF margin 5.61% 11.02% 6.71% -2.12% 2.93% 3.5% 6% 7.68%
FCF Conversion (EBITDA) 36.08% 61.78% 52.97% - 19.43% 29.78% 43.41% 54.21%
FCF Conversion (Net income) 49.69% 181.88% 57.43% - 46.89% 58.31% 78.8% 95.17%
Dividend per Share 2 1.020 0.8000 0.8200 1.520 1.200 1.028 1.132 1.120
Announcement Date 2/7/20 2/5/21 2/10/22 2/8/23 2/8/24 - - -
1EUR in Million2EUR
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2021 Q4 2022 Q1 2022 Q2 2022 Q3 2022 Q4 2023 Q1 2023 Q2 2023 Q3 2023 Q4 2024 Q1 2024 Q2 2024 Q3 2024 Q4 2025 Q1 2025 Q2
Net sales 1 4,968 5,523 7,039 6,583 6,562 5,298 5,351 5,973 6,303 4,801 3,712 5,621 5,844 5,576 5,799
EBITDA 1 591 578 1,085 979 894 830 784 1,047 797 551 458.4 685.6 719.7 850.5 935.9
EBIT 1 432 424 927 812 734 652 572 827 540 309 210.3 449.6 523.5 608.1 659.6
Operating Margin 8.7% 7.68% 13.17% 12.33% 11.19% 12.31% 10.69% 13.85% 8.57% 6.44% 5.67% 8% 8.96% 10.91% 11.37%
Earnings before Tax (EBT) 1 500 736 750 231 563 276 295 618 407 189 164.5 434 455.5 524 543
Net income 1 457 640 600 136 514 238 259 538 400 162 298.6 425.8 407.8 492.8 547.5
Net margin 9.2% 11.59% 8.52% 2.07% 7.83% 4.49% 4.84% 9.01% 6.35% 3.37% 8.05% 7.57% 6.98% 8.84% 9.44%
EPS 2 0.5900 0.8300 0.7800 0.1800 0.6700 0.3100 0.3400 0.7000 0.5200 0.2100 0.1925 0.4825 0.5650 0.6450 0.6650
Dividend per Share 2 0.8200 0.4100 0.2440 - 1.520 - - - - - 0.4000 - 0.8400 - 0.3150
Announcement Date 2/10/22 4/29/22 7/28/22 10/27/22 2/8/23 4/28/23 7/27/23 10/26/23 2/8/24 4/25/24 - - - - -
1EUR in Million2EUR
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 - - 41 1,344 2,488 2,955 2,515 2,157
Net Cash position 1 191 265 - - - - - -
Leverage (Debt/EBITDA) - - 0.0214 x 0.38 x 0.7195 x 1.215 x 0.8008 x 0.6565 x
Free Cash Flow 1 889 1,295 1,017 -546 672 724 1,364 1,781
ROE (net income / shareholders' equity) 29.7% 20.8% 28.5% 25.1% 17.9% 13.3% 18.7% 17.9%
ROA (Net income/ Total Assets) 17.4% 7.26% 15.9% 13.8% 9.28% 6.44% 9.61% 10%
Assets 1 10,304 9,804 11,116 13,667 15,450 19,278 18,007 18,654
Book Value Per Share 2 7.710 7.720 9.090 10.80 11.00 10.90 12.00 13.00
Cash Flow per Share 2 1.900 2.680 2.590 1.560 2.850 2.940 3.190 3.490
Capex 1 567 972 977 1,743 1,607 1,503 1,359 1,122
Capex / Sales 3.58% 8.27% 6.45% 6.78% 7.01% 7.26% 5.98% 4.84%
Announcement Date 2/7/20 2/5/21 2/10/22 2/8/23 2/8/24 - - -
1EUR in Million2EUR
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Trading Rating
Investor Rating
ESG Refinitiv
More Ratings
Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
22
Last Close Price
20.03 EUR
Average target price
29.41 EUR
Spread / Average Target
+46.83%
Consensus