Neste Financial Statements From 2010 to 2024
NEF Stock | EUR 14.06 0.25 1.75% |
Check Neste Oyj financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Neste Oyj's main balance sheet or income statement drivers, such as , as well as many indicators such as . Neste financial statements analysis is a perfect complement when working with Neste Oyj Valuation or Volatility modules.
Neste |
Neste Oyj Company Return On Equity Analysis
Neste Oyj's Return on Equity or ROE tells company stockholders how effectually their money is being utilized or reinvested. It is a useful ratio when analyzing company profitability or the management effectiveness given the capital invested by the shareholders. ROE shows how efficiently a company utilizes investments to generate income.
Current Neste Oyj Return On Equity | 0.25 |
Most of Neste Oyj's fundamental indicators, such as Return On Equity, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Neste Oyj is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
For most industries, Return on Equity between 10% and 30% are considered desirable to provide dividends to owners and have funds for the future growth of the company. Investors should be very careful using ROE as the only efficiency indicator because ROE can be high if a company is heavily leveraged.
Competition |
Based on the latest financial disclosure, Neste Oyj has a Return On Equity of 0.247. This is 112.47% lower than that of the Energy sector and 97.31% lower than that of the Oil & Gas Refining & Marketing industry. The return on equity for all Germany stocks is 179.68% lower than that of the firm.
Neste Oyj Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Neste Oyj's current stock value. Our valuation model uses many indicators to compare Neste Oyj value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Neste Oyj competition to find correlations between indicators driving Neste Oyj's intrinsic value. More Info.Neste Oyj is considered to be number one stock in return on equity category among its peers. It also is considered to be number one stock in return on asset category among its peers reporting about 0.45 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Neste Oyj is roughly 2.24 . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Neste Oyj's earnings, one of the primary drivers of an investment's value.About Neste Oyj Financial Statements
Neste Oyj stakeholders use historical fundamental indicators, such as Neste Oyj's revenue or net income, to determine how well the company is positioned to perform in the future. Although Neste Oyj investors may analyze each financial statement separately, they are all interrelated. For example, changes in Neste Oyj's assets and liabilities are reflected in the revenues and expenses on Neste Oyj's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Neste Oyj. Please read more on our technical analysis and fundamental analysis pages.
Neste Oyj provides renewable and oil products in Finland and other Nordic countries, Baltic Rim, other European countries, North and South America, and internationally. Neste Oyj was founded in 1948 and is headquartered in Espoo, Finland. NESTE OYJ operates under Oil Gas Refining Marketing classification in Germany and is traded on Frankfurt Stock Exchange. It employs 6003 people.
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Other Information on Investing in Neste Stock
Neste Oyj financial ratios help investors to determine whether Neste Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Neste with respect to the benefits of owning Neste Oyj security.