Is Neste Oyj (HEL:NESTE) Trading At A 50% Discount?
Apr 09
Finnish (OMX) Energy Sector Analysis
UpdatedApr 12, 2024
DataAggregated Company Financials
Companies1
- 7D11.0%
- 3M-14.4%
- 1Y-38.9%
- YTD-14.4%
All of the companies in the Energy industry have been up over the last week, with the industry up 12%. However, the industry is down 39% over the past year. As for the next few years, earnings are expected to grow by 13% per annum.
Sector Valuation and Performance
Has the Finnish Energy Sector valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sat, 13 Apr 2024 | €21.4b | €22.9b | €1.4b | 14.9x | 14.9x | 0.9x |
| Mon, 11 Mar 2024 | €19.4b | €22.9b | €1.4b | 13.6x | 13.6x | 0.8x |
| Wed, 07 Feb 2024 | €24.3b | €23.2b | €1.5b | 15.7x | 15.7x | 1x |
| Fri, 05 Jan 2024 | €24.8b | €23.2b | €1.5b | 16x | 16x | 1.1x |
| Sun, 03 Dec 2023 | €27.0b | €23.2b | €1.5b | 17.4x | 17.4x | 1.2x |
| Tue, 31 Oct 2023 | €24.7b | €23.2b | €1.5b | 16x | 16x | 1.1x |
| Thu, 28 Sep 2023 | €25.1b | €23.8b | €1.1b | 22x | 22x | 1.1x |
| Sat, 26 Aug 2023 | €25.4b | €23.8b | €1.1b | 22.2x | 22.2x | 1.1x |
| Mon, 24 Jul 2023 | €28.6b | €25.5b | €1.5b | 19.2x | 19.2x | 1.1x |
| Wed, 21 Jun 2023 | €28.0b | €25.5b | €1.5b | 18.9x | 18.9x | 1.1x |
| Fri, 19 May 2023 | €30.3b | €25.5b | €1.5b | 20.4x | 20.4x | 1.2x |
| Sun, 16 Apr 2023 | €35.0b | €25.7b | €1.9b | 18.5x | 18.5x | 1.4x |
| Tue, 14 Mar 2023 | €32.8b | €25.7b | €1.9b | 17.4x | 17.4x | 1.3x |
| Thu, 09 Feb 2023 | €36.5b | €22.6b | €1.8b | 19.9x | 19.9x | 1.6x |
| Sat, 07 Jan 2023 | €33.9b | €22.6b | €1.8b | 18.5x | 18.5x | 1.5x |
| Mon, 05 Dec 2022 | €37.5b | €22.6b | €1.8b | 20.5x | 20.5x | 1.7x |
| Wed, 02 Nov 2022 | €34.3b | €22.6b | €1.8b | 18.7x | 18.7x | 1.5x |
| Fri, 30 Sep 2022 | €33.7b | €20.0b | €2.2b | 15.3x | 15.3x | 1.7x |
| Sun, 28 Aug 2022 | €39.3b | €20.0b | €2.2b | 17.9x | 17.9x | 2x |
| Tue, 26 Jul 2022 | €35.4b | €16.0b | €2.0b | 17.4x | 17.4x | 2.2x |
| Thu, 23 Jun 2022 | €34.4b | €16.0b | €2.0b | 16.9x | 16.9x | 2.1x |
| Sat, 21 May 2022 | €31.2b | €16.0b | €2.0b | 15.3x | 15.3x | 1.9x |
| Mon, 18 Apr 2022 | €33.8b | €13.6b | €1.8b | 19.1x | 19.1x | 2.5x |
| Wed, 16 Mar 2022 | €27.2b | €13.6b | €1.8b | 15.4x | 15.4x | 2x |
| Fri, 11 Feb 2022 | €29.5b | €11.8b | €1.3b | 22.4x | 22.4x | 2.5x |
| Sun, 09 Jan 2022 | €34.4b | €11.8b | €1.3b | 26.1x | 26.1x | 2.9x |
| Tue, 07 Dec 2021 | €31.7b | €11.8b | €1.3b | 24x | 24x | 2.7x |
| Thu, 04 Nov 2021 | €37.5b | €11.8b | €1.3b | 28.4x | 28.4x | 3.2x |
| Sat, 02 Oct 2021 | €38.1b | €10.7b | €1.2b | 32.9x | 32.9x | 3.6x |
| Mon, 30 Aug 2021 | €39.0b | €10.7b | €1.2b | 33.7x | 33.7x | 3.7x |
| Tue, 06 Jul 2021 | €39.7b | €10.7b | €1.2b | 34.2x | 34.2x | 3.7x |
Price to Earnings Ratio
43.7x
Current Industry PE
- There is only one company in the Finnish Energy industry, so there is insufficient data to make an industry-wide assessment of both the PE and PS ratio.
Past Earnings Growth
- The earnings for companies in the Energy industry have grown 17% per year over the last three years.
- Revenues for these companies have grown 31% per year.
- This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.
Industry Trends
Which industries have driven the changes within the Finnish Energy sector?
| FI Market | 0.52% | |
| Energy | 11.02% | |
| Oil and Gas | 11.02% | |
| Energy Services | 0% | |
Industry PE
- Investors are most optimistic about the Oil and Gas industry even though it's trading below its 3-year average PE ratio of 21.9x.
- Analysts are expecting annual earnings growth of 13.0%, which is higher than its past year's earnings decline of 24.1% per year.
- Investors are most pessimistic about the Oil and Gas industry, which is trading below its 3-year average of 21.9x.
Forecasted Growth
- Analysts are most optimistic on the Oil and Gas industry, expecting annual earnings growth of 13% over the next 5 years.
- This is better than its past earnings decline of 24% per year.
- In contrast, the Oil and Gas industry is expected to see its earnings grow by 13% per year over the next few years.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| NESTE Neste Oyj | €27.32 | 2.2% +€460.9m | -40.0% | PE14.6x |