NESTE OYJ Financials

NEFA Stock  EUR 6.85  0.10  1.44%   
You can make use of NESTE OYJ UNSPADR fundamental data analysis to find out if markets are now mispricing the entity. We were able to analyze and collect data for twenty-six available fundamentals for NESTE OYJ, which can be compared to its peers in the industry. The stock experiences a somewhat bearish sentiment, but the market may correct it shortly. Check odds of NESTE OYJ to be traded at €6.64 in 90 days.
  
Understanding current and past NESTE OYJ Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of NESTE OYJ's financial statements are interrelated, with each one affecting the others. For example, an increase in NESTE OYJ's assets may result in an increase in income on the income statement.

NESTE OYJ Stock Summary

NESTE OYJ competes with Corsair Gaming, Westinghouse Air, Transport International, Alaska Air, and ANTA SPORTS. 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 5137 people.
InstrumentGermany Stock View All
ExchangeFrankfurt Exchange
ISINUS64104Y1064
Business AddressKeilaranta 21
SectorEnergy
IndustryOil & Gas Refining & Marketing
BenchmarkDow Jones Industrial
Websitewww.neste.com
Phone358 10 45811
CurrencyEUR - Euro
You should never invest in NESTE OYJ without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of NESTE Stock, because this is throwing your money away. Analyzing the key information contained in NESTE OYJ's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.

NESTE OYJ Key Financial Ratios

There are many critical financial ratios that NESTE OYJ's investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that NESTE OYJ UNSPADR reports annually and quarterly.

NESTE Financial Ratios 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 UNSPADR 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  0.42  of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for NESTE OYJ UNSPADR is roughly  2.37 . 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.

NESTE OYJ UNSPADR Systematic Risk

NESTE OYJ's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. NESTE OYJ volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was two with a total number of output elements of fifty-nine. The Beta measures systematic risk based on how returns on NESTE OYJ UNSPADR correlated with the market. If Beta is less than 0 NESTE OYJ generally moves in the opposite direction as compared to the market. If NESTE OYJ Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one NESTE OYJ UNSPADR is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of NESTE OYJ is generally in the same direction as the market. If Beta > 1 NESTE OYJ moves generally in the same direction as, but more than the movement of the benchmark.

NESTE OYJ November 27, 2024 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of NESTE OYJ help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of NESTE OYJ UNSPADR. We use our internally-developed statistical techniques to arrive at the intrinsic value of NESTE OYJ UNSPADR based on widely used predictive technical indicators. In general, we focus on analyzing NESTE Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build NESTE OYJ's daily price indicators and compare them against related drivers.

Complementary Tools for NESTE Stock analysis

When running NESTE OYJ's price analysis, check to measure NESTE OYJ's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy NESTE OYJ is operating at the current time. Most of NESTE OYJ's value examination focuses on studying past and present price action to predict the probability of NESTE OYJ's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move NESTE OYJ's price. Additionally, you may evaluate how the addition of NESTE OYJ to your portfolios can decrease your overall portfolio volatility.
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