Data sourced from SEC EDGAR filings and third-party price providers. Scores, valuations, and metrics are algorithmic estimates. This is not investment advice. See our Terms and Methodology.
Data sourced from SEC EDGAR filings and third-party price providers. Scores, valuations, and metrics are algorithmic estimates. This is not investment advice. See our Terms and Methodology.
Neste Oyj is a Finnish refining and marketing company headquartered in Espoo, renowned as the world's leading producer of sustainable aviation fuel and renewable diesel. It refines waste, residues, and other renewable raw materials—such as used cooking oils, animal fats, and vegetable oil residues—into high-quality renewable fuels and feedstock for polymers and chemicals at refineries in Finland, the Netherlands, Singapore, and through a joint venture in the United States. With an annual nameplate capacity of approximately 5.5 million tons for renewable products, Neste plans to expand to 6.8 million tons by 2027, including transformations at its Porvoo and Rotterdam sites. The company operates nearly 1,000 service stations across Finland and the Baltic states, supports customers in reducing greenhouse gas emissions by up to 20 million tons of CO2e annually by 2030, and maintains a strong commitment to safety and sustainability. Founded in 1948 to secure Finland's oil supply, Neste has evolved from a traditional oil refiner into a global leader in renewable and circular economy solutions, employing around 5,800 people worldwide.
€26.25
+€0.00 (+0.00%)
EOD Jun 19, 2026 · Twelve Data
Operating margin is thin at 2.08%. Limited cushion if revenue slows or costs rise, not the profile of a wide-moat business.
Revenue declined 7.8% YoY. The question is whether this is cyclical or a structural shift.
At 138x earnings, the current multiple leaves limited room for execution misses or growth deceleration. Net debt of €3.82B represents 4.6x FCF, leverage limits flexibility.
138.2x earnings, 24.4x FCF. The market is pricing in years of above-average growth. If that thesis breaks, downside from multiple compression alone could be 30%+. This is a stock where you're paying for the future, not the present.
Based on TTM earnings · Diluted shares
Profitability & Returns
Revenue (FY)
€19.02B
▼ -7.8% YoY
Net Income (FY)
€144M
▲ +251.6% YoY
Op. Margin
2.08%
▲ +2.0pp YoY
ROIC
2.29%
▲ +2.2pp YoY
Cash Flow & Balance Sheet
FCF (FY)
€825M
▲ +307.3% YoY
Op. Cash Flow (FY)
€1.72B
▲ +138.2% YoY
Net Debt
€3.82B
Cash & Equiv.
€1.37B
3Y CAGR: -9.6%
Continue Research