Neste Oyj
Market Cap
€35.5b
Last Updated
2020/09/26 03:11 UTC
Data Sources
Company Financials +
Executive Summary
Neste Oyj provides renewable and oil products in Finland and other Nordic countries, Baltic Rim, other European countries, North and South America, and internationally. More Details
Rewards
Risk Analysis
No risks detected for NESTE from our risk checks.
Snowflake Analysis
Flawless balance sheet with outstanding track record and pays a dividend.
Similar Companies
Share Price & News
How has Neste Oyj's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: NESTE has not had significant price volatility in the past 3 months.
Market Performance
7 Day Return
-4.8%
NESTE
-5.4%
FI Oil and Gas
-3.5%
FI Market
1 Year Return
53.6%
NESTE
-38.7%
FI Oil and Gas
2.5%
FI Market
Return vs Industry: NESTE exceeded the Finnish Oil and Gas industry which returned -38.1% over the past year.
Return vs Market: NESTE exceeded the Finnish Market which returned 3.1% over the past year.
Shareholder returns
| NESTE | Industry | Market | |
|---|---|---|---|
| 7 Day | -4.8% | -5.4% | -3.5% |
| 30 Day | 4.5% | -9.7% | -1.7% |
| 90 Day | 32.1% | -13.6% | 7.7% |
| 1 Year | 57.9%53.6% | -35.0%-38.7% | 11.5%2.5% |
| 3 Year | 301.5%275.8% | -16.9%-29.0% | 20.1%-0.9% |
| 5 Year | 661.0%565.1% | 11.1%-14.7% | 64.1%29.5% |
Price Volatility Vs. Market
How volatile is Neste Oyj's share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 days ago | Simply Wall St
What Is The Ownership Structure Like For Neste Oyj (HEL:NESTE)?2 weeks ago | Simply Wall St
Neste Oyj (HEL:NESTE) Seems To Use Debt Rather Sparingly3 weeks ago | Simply Wall St
Neste Oyj (HEL:NESTE) Has Rewarded Shareholders With An Exceptional 570% Total Return On Their InvestmentValuation
Is Neste Oyj undervalued compared to its fair value and its price relative to the market?
22.77x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: NESTE (€46.29) is trading above our estimate of fair value (€38.24)
Significantly Below Fair Value: NESTE is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: NESTE is poor value based on its PE Ratio (22.8x) compared to the XE Oil and Gas industry average (10.2x).
PE vs Market: NESTE is poor value based on its PE Ratio (22.8x) compared to the Finnish market (22.5x).
Price to Earnings Growth Ratio
PEG Ratio: NESTE is poor value based on its PEG Ratio (1.4x)
Price to Book Ratio
PB vs Industry: NESTE is overvalued based on its PB Ratio (6x) compared to the XE Oil and Gas industry average (0.6x).
Next Steps
Future Growth
How is Neste Oyj forecast to perform in the next 1 to 3 years based on estimates from 16 analysts?
16.1%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: NESTE's forecast earnings growth (16.1% per year) is above the savings rate (0.4%).
Earnings vs Market: NESTE's earnings (16.1% per year) are forecast to grow faster than the Finnish market (14.7% per year).
High Growth Earnings: NESTE's earnings are forecast to grow, but not significantly.
Revenue vs Market: NESTE's revenue (10.8% per year) is forecast to grow faster than the Finnish market (4.5% per year).
High Growth Revenue: NESTE's revenue (10.8% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: NESTE's Return on Equity is forecast to be high in 3 years time (22.9%)
Next Steps
Past Performance
How has Neste Oyj performed over the past 5 years?
21.4%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: NESTE has high quality earnings.
Growing Profit Margin: NESTE's current net profit margins (12.6%) are higher than last year (6.4%).
Past Earnings Growth Analysis
Earnings Trend: NESTE's earnings have grown significantly by 21.4% per year over the past 5 years.
Accelerating Growth: NESTE's earnings growth over the past year (76.6%) exceeds its 5-year average (21.4% per year).
Earnings vs Industry: NESTE earnings growth over the past year (76.6%) exceeded the Oil and Gas industry -9.7%.
Return on Equity
High ROE: NESTE's Return on Equity (26.4%) is considered high.
Next Steps
Financial Health
How is Neste Oyj's financial position?
Financial Position Analysis
Short Term Liabilities: NESTE's short term assets (€4.3B) exceed its short term liabilities (€1.7B).
Long Term Liabilities: NESTE's short term assets (€4.3B) exceed its long term liabilities (€1.5B).
Debt to Equity History and Analysis
Debt Level: NESTE's debt to equity ratio (14.6%) is considered satisfactory.
Reducing Debt: NESTE's debt to equity ratio has reduced from 77.1% to 14.6% over the past 5 years.
Debt Coverage: NESTE's debt is well covered by operating cash flow (150.9%).
Interest Coverage: NESTE's interest payments on its debt are well covered by EBIT (48.6x coverage).
Balance Sheet
Next Steps
Dividend
What is Neste Oyj current dividend yield, its reliability and sustainability?
1.99%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: NESTE's dividend (1.99%) isn’t notable compared to the bottom 25% of dividend payers in the Finnish market (2.06%).
High Dividend: NESTE's dividend (1.99%) is low compared to the top 25% of dividend payers in the Finnish market (4.89%).
Stability and Growth of Payments
Stable Dividend: NESTE's dividends per share have been stable in the past 10 years.
Growing Dividend: NESTE's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (45.2%), NESTE's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: NESTE's dividends in 3 years are forecast to be covered by earnings (51.7% payout ratio).
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
7.4yrs
Average management tenure
CEO
Peter Z. Vanacker (54 yo)
1.83yrs
Tenure
€2,131,982
Compensation
Mr. Peter Z. E. Vanacker has been Supervisory Board Member at Symrise AG since June 17, 2020. Mr. Vanacker has been President and Chief Executive Officer at Neste Oyj since November 1, 2018. He served as t ...
CEO Compensation Analysis
Compensation vs Market: Peter Z.'s total compensation ($USD2.50M) is below average for companies of similar size in the Finnish market ($USD4.01M).
Compensation vs Earnings: Peter Z.'s compensation has increased by more than 20% in the past year.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President & CEO | 1.83yrs | €2.13m | 0.0040% € 1.4m | |
| Chief Financial Officer | 7.33yrs | no data | 0.0044% € 1.6m | |
| Senior Vice President of Human Resources | 14.67yrs | no data | 0.0044% € 1.6m | |
| Senior Vice President of Innovation | 11.67yrs | no data | 0.0035% € 1.2m | |
| Chief Information Officer | 7.5yrs | no data | no data | |
| Vice President of Investor Relations | 8.92yrs | no data | no data | |
| General Counsel | 3.17yrs | no data | no data | |
| Senior Vice President of Sustainability | 0.42yr | no data | no data | |
| Executive Vice President of Marketing & Services | 4.67yrs | no data | 0.0019% € 693.1k | |
| Executive Vice President of the Renewables Platform | 11.67yrs | no data | 0.0044% € 1.6m | |
| Head of Business Processes | 7.5yrs | no data | no data | |
| Executive Vice President of Oil Products Business Unit | 1.33yrs | no data | 0.00022% € 78.2k |
7.4yrs
Average Tenure
54yo
Average Age
Experienced Management: NESTE's management team is seasoned and experienced (7.4 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Independent Chairman of the Board | 2.67yrs | €78.00k | 0.0016% € 568.7k | |
| Independent Non-Executive Director | 3.67yrs | €54.60k | no data | |
| Independent Vice Chair | no data | €50.45k | 0.00039% € 138.6k | |
| Independent Non-Executive Director | 6.67yrs | €52.80k | 0.0030% € 1.1m | |
| Chairman of Stakeholder Advisory Panel | no data | no data | no data | |
| Vice Chairman of Stakeholder Advisory Panel | no data | no data | no data | |
| Member of Stakeholder Advisory Panel | no data | no data | no data | |
| Member of Stakeholder Advisory Panel | no data | no data | no data | |
| Member of Stakeholder Advisory Panel | no data | no data | no data | |
| Member of Stakeholder Advisory Panel | no data | no data | no data | |
| Member of Stakeholder Advisory Panel | no data | no data | no data | |
| Member of Stakeholder Advisory Panel | no data | no data | no data |
3.7yrs
Average Tenure
59.5yo
Average Age
Experienced Board: NESTE's board of directors are considered experienced (3.7 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
Neste Oyj's company bio, employee growth, exchange listings and data sources
Key Information
- Name: Neste Oyj
- Ticker: NESTE
- Exchange: HLSE
- Founded: 1948
- Industry: Oil and Gas Refining and Marketing
- Sector: Energy
- Market Cap: €35.543b
- Shares outstanding: 767.84m
- Website: https://www.neste.com
Number of Employees
Location
- Neste Oyj
- Keilaranta 21
- PO Box 95
- Espoo
- Uusimaa
- 95
- Finland
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| NESTE | HLSE (OMX Nordic Exchange Helsinki) | Yes | Ordinary Shares | FI | EUR | Apr 2005 |
| NEF | DB (Deutsche Boerse AG) | Yes | Ordinary Shares | DE | EUR | Apr 2005 |
| NEF | XTRA (XETRA Trading Platform) | Yes | Ordinary Shares | DE | EUR | Apr 2005 |
| NTOI.F | OTCPK (Pink Sheets LLC) | Yes | Ordinary Shares | US | USD | Apr 2005 |
| 0O46 | LSE (London Stock Exchange) | Yes | Ordinary Shares | GB | EUR | Apr 2005 |
| NESTEH | BATS-CHIXE (BATS 'Chi-X Europe') | Yes | Ordinary Shares | GB | EUR | Apr 2005 |
| NTOI.Y | OTCPK (Pink Sheets LLC) | UNSPONSORD ADR | US | USD | Oct 2008 |
Biography
Neste Oyj provides renewable and oil products in Finland and other Nordic countries, Baltic Rim, other European countries, North and South America, and internationally. The company operates in four segment ...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2020/09/26 03:11 |
| End of Day Share Price | 2020/09/25 00:00 |
| Earnings | 2020/06/30 |
| Annual Earnings | 2019/12/31 |
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.