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 25,238 - -
Change - -0.77% -25.12% -62.36% 60.09% 69.24% - -
Enterprise Value (EV) 1 33,340 34,387 27,232 13,507 18,729 27,575 26,286 24,420
Change - 3.14% -20.81% -50.4% 38.67% 47.23% -4.68% -7.1%
P/E 18.9x 17.5x 17.2x -101x 102x 10.6x 13.9x 14x
PBR 4.77x 3.97x 2.92x 1.26x 2.04x 2.66x 2.34x 2.1x
PEG - 2.52x -0.7x 1x -0x 0x -0.6x -27.09x
Capitalization / Revenue 2.2x 1.29x 1.08x 0.45x 0.78x 1.16x 1.12x 1.07x
EV / Revenue 2.2x 1.34x 1.19x 0.65x 0.98x 1.27x 1.17x 1.03x
EV / EBITDA 17.4x 9.72x 7.87x 10.8x 11.1x 7x 8.05x 7.51x
EV / EBIT 24.8x 11.9x 10.5x 49.7x 25x 9.16x 11.5x 10.8x
EV / FCF 32.8x -63x 32.1x -36.6x 23.1x 15.4x 13.6x 11.8x
FCF Yield 3.05% -1.59% 3.12% -2.73% 4.33% 6.47% 7.35% 8.46%
Dividend per Share 2 0.82 1.52 1.2 0.2 0.2 0.5796 0.6278 0.8038
Rate of return 1.89% 3.53% 3.73% 1.65% 1.03% 1.76% 1.91% 2.45%
EPS 2 2.3 2.46 1.87 -0.12 0.19 3.107 2.357 2.345
Distribution rate 35.7% 61.8% 64.2% -167% 105% 18.7% 26.6% 34.3%
Net sales 1 15,148 25,707 22,926 20,635 19,016 21,714 22,470 23,603
EBITDA 1 1,920 3,537 3,458 1,252 1,683 3,942 3,267 3,251
EBIT 1 1,342 2,899 2,592 272 749 3,012 2,286 2,258
Net income 1 1,771 1,888 1,433 -95 144 2,370 1,847 1,832
Net Debt 1 41 1,344 2,488 4,192 3,817 2,337 1,048 -818
Reference price 2 43.36 43.02 32.21 12.12 19.41 32.85 32.85 32.85
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.($)
10.57x1.27x7x1.76% 29.46B
14.46x1.72x7.42x2.52% 679B
20.5x1.69x9.82x0.45% 186B
7.63x0.6x2.79x4.55% 116B
7.14x0.76x5.1x1.13% 101B
8.53x0.69x5.29x1.39% 100B
9.21x0.66x6.79x2.09% 96.91B
10.58x0.31x4.9x6.42% 86.95B
9.53x1.86x4.8x2.57% 80.06B
12.77x1.51x8.39x1.8% 66.73B
Average 11.09x 1.11x 6.23x 2.47% 154.26B
Weighted average by Cap. 12.86x 1.35x 6.79x 2.41%

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