Neste Financial Statements From 2010 to 2024
| NESTE Stock | EUR 14.24 0.04 0.28% |
Check Neste Oil financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Neste Oil'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 Oil Valuation or Volatility modules.
Neste |
Neste Oil Oyj Company Return On Equity Analysis
Neste Oil'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 Oil Return On Equity | 0.25 |
Most of Neste Oil'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 Oil 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.
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Based on the latest financial disclosure, Neste Oil Oyj has a Return On Equity of 0.247. This is 112.47% lower than that of the Oil, Gas & Consumable Fuels sector and 97.31% lower than that of the Energy industry. The return on equity for all Finland stocks is 179.68% lower than that of the firm.
Neste Oil Oyj Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Neste Oil's current stock value. Our valuation model uses many indicators to compare Neste Oil value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Neste Oil competition to find correlations between indicators driving Neste Oil's intrinsic value. More Info.Neste Oil 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 Oil Oyj is roughly 2.24 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Neste Oil by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Neste Oil's Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.About Neste Oil Financial Statements
Investors use fundamental indicators, such as Neste Oil's revenue or net income, to determine how well the company is positioned to perform in the future. Although Neste Oil's investors may analyze each financial statement separately, they are all interrelated. Understanding these patterns can help investors make the right trading decisions.
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 operates under Oil Gas Refining Marketing classification in Finland and is traded on Helsinki Exchange. It employs 6003 people.
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Other Information on Investing in Neste Stock
Neste Oil 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 Oil security.