Company Valuation: Neste Oyj

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 33,299 33,043 24,744 9,315 14,912 22,757 - -
Change - -0.77% -25.12% -62.36% 60.09% 52.6% - -
Enterprise Value (EV) 1 33,340 34,387 27,232 13,507 18,729 25,081 23,903 21,961
Change - 3.14% -20.81% -50.4% 38.67% 33.91% -4.7% -8.12%
P/E 18.9x 17.5x 17.2x -101x 102x 9.95x 12.8x 12.8x
PBR 4.77x 3.97x 2.92x 1.26x 2.04x 2.41x 2.13x 1.91x
PEG - 2.52x -0.7x 1x -0x 0x -0.6x 43.79x
Capitalization / Revenue 2.2x 1.29x 1.08x 0.45x 0.78x 1.05x 1.01x 0.96x
EV / Revenue 2.2x 1.34x 1.19x 0.65x 0.98x 1.16x 1.06x 0.93x
EV / EBITDA 17.4x 9.72x 7.87x 10.8x 11.1x 6.46x 7.38x 6.79x
EV / EBIT 24.8x 11.9x 10.5x 49.7x 25x 8.51x 10.6x 9.8x
EV / FCF 32.8x -63x 32.1x -36.6x 23.1x 15.6x 12.5x 10.6x
FCF Yield 3.05% -1.59% 3.12% -2.73% 4.33% 6.39% 8.01% 9.39%
Dividend per Share 2 0.82 1.52 1.2 0.2 0.2 0.5678 0.6245 0.7944
Rate of return 1.89% 3.53% 3.73% 1.65% 1.03% 1.92% 2.11% 2.68%
EPS 2 2.3 2.46 1.87 -0.12 0.19 2.977 2.306 2.312
Distribution rate 35.7% 61.8% 64.2% -167% 105% 19.1% 27.1% 34.4%
Net sales 1 15,148 25,707 22,926 20,635 19,016 21,658 22,485 23,602
EBITDA 1 1,920 3,537 3,458 1,252 1,683 3,880 3,239 3,233
EBIT 1 1,342 2,899 2,592 272 749 2,948 2,258 2,240
Net income 1 1,771 1,888 1,433 -95 144 2,296 1,814 1,809
Net Debt 1 41 1,344 2,488 4,192 3,817 2,324 1,147 -795.3
Reference price 2 43.36 43.02 32.21 12.12 19.41 29.62 29.62 29.62
Nbr of stocks (in thousands) 767,969 768,083 768,200 768,216 768,274 768,283 - -
Announcement Date 2/10/22 2/8/23 2/8/24 2/13/25 2/5/26 - - -
1EUR in Million2EUR
Estimates

P/E, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
9.95x1.16x6.46x1.92% 26.26B
14.07x1.69x7.24x2.6% 657B
20.55x1.7x9.9x0.45% 188B
7.39x0.59x2.72x4.71% 112B
7.21x0.73x4.95x1.21% 94.48B
8.02x0.65x4.93x1.5% 93.27B
9.22x0.63x6.36x2.26% 89.52B
10.38x0.31x4.89x6.54% 86.53B
12.74x1.49x8.04x1.9% 62.65B
6.15x0.45x3.17x4.17% 33.26B
Average 10.57x 0.94x 5.87x 2.72% 144.27B
Weighted average by Cap. 12.72x 1.28x 6.67x 2.53%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA

Year-on-year evolution of the Yield