NESTE OYJ (1NESTE.MI) Stock Fundamental Analysis
BIT:1NESTE - Euronext Milan - FI0009013296 - Common Stock - Currency: EUR
1NESTE gets a fundamental rating of 3 out of 10. The analysis compared the fundamentals against 61 industry peers in the Oil, Gas & Consumable Fuels industry. 1NESTE may be in some trouble as it scores bad on both profitability and health. While showing a medium growth rate, 1NESTE is valued expensive at the moment.
1. Profitability
1.1 Basic Checks
1NESTE had positive earnings in the past year.
1NESTE had a positive operating cash flow in the past year.
1NESTE had positive earnings in 4 of the past 5 years.
Each year in the past 5 years 1NESTE had a positive operating cash flow.
1.2 Ratios
The Return On Assets of 1NESTE (-0.60%) is worse than 80.33% of its industry peers.
The Return On Equity of 1NESTE (-1.27%) is worse than 80.33% of its industry peers.
With a Return On Invested Capital value of 0.24%, 1NESTE is not doing good in the industry: 83.61% of the companies in the same industry are doing better.
The Average Return On Invested Capital over the past 3 years for 1NESTE is below the industry average of 11.72%.
The last Return On Invested Capital (0.24%) for 1NESTE is well below the 3 year average (8.20%), which needs to be investigated, but indicates that 1NESTE had better years and this may not be a problem.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -0.6% | ||
| ROE | -1.27% | ||
| ROIC | 0.24% |
ROA(3y)7%
ROA(5y)8.51%
ROE(3y)12.78%
ROE(5y)15.14%
ROIC(3y)8.2%
ROIC(5y)11.9%
1.3 Margins
The Operating Margin of 1NESTE (0.16%) is worse than 83.61% of its industry peers.
In the last couple of years the Operating Margin of 1NESTE has declined.
Looking at the Gross Margin, with a value of 10.89%, 1NESTE is doing worse than 81.97% of the companies in the same industry.
In the last couple of years the Gross Margin of 1NESTE has declined.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 0.16% | ||
| PM (TTM) | N/A | ||
| GM | 10.89% |
OM growth 3Y-77.36%
OM growth 5Y-59.36%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-21.88%
GM growth 5Y-13.88%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) just above the Cost of Capital (WACC), 1NESTE is creating some value.
The number of shares outstanding for 1NESTE remains at a similar level compared to 1 year ago.
Compared to 5 years ago, 1NESTE has about the same amount of shares outstanding.
The debt/assets ratio for 1NESTE is higher compared to a year ago.
2.2 Solvency
1NESTE has an Altman-Z score of 2.61. This is not the best score and indicates that 1NESTE is in the grey zone with still only limited risk for bankruptcy at the moment.
1NESTE's Altman-Z score of 2.61 is fine compared to the rest of the industry. 1NESTE outperforms 67.21% of its industry peers.
A Debt/Equity ratio of 0.63 indicates that 1NESTE is somewhat dependend on debt financing.
With a Debt to Equity ratio value of 0.63, 1NESTE is not doing good in the industry: 63.93% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.63 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 2.61 |
ROIC/WACC0.03
WACC7.1%
2.3 Liquidity
1NESTE has a Current Ratio of 1.73. This is a normal value and indicates that 1NESTE is financially healthy and should not expect problems in meeting its short term obligations.
Looking at the Current ratio, with a value of 1.73, 1NESTE is in the better half of the industry, outperforming 65.57% of the companies in the same industry.
1NESTE has a Quick Ratio of 1.73. This is a bad value and indicates that 1NESTE is not financially healthy enough and could expect problems in meeting its short term obligations.
Looking at the Quick ratio, with a value of 0.83, 1NESTE is doing worse than 77.05% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.73 | ||
| Quick Ratio | 0.83 |
3. Growth
3.1 Past
1NESTE shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -93.28%.
Measured over the past years, 1NESTE shows a very negative growth in Earnings Per Share. The EPS has been decreasing by -37.60% on average per year.
Looking at the last year, 1NESTE shows a decrease in Revenue. The Revenue has decreased by -9.99% in the last year.
Measured over the past years, 1NESTE shows a small growth in Revenue. The Revenue has been growing by 5.43% on average per year.
EPS 1Y (TTM)-93.28%
EPS 3Y-49.76%
EPS 5Y-37.6%
EPS Q2Q%-119.7%
Revenue 1Y (TTM)-9.99%
Revenue growth 3Y10.85%
Revenue growth 5Y5.43%
Sales Q2Q%-11.66%
3.2 Future
The Earnings Per Share is expected to grow by 73.06% on average over the next years. This is a very strong growth
The Revenue is expected to grow by 6.36% on average over the next years.
EPS Next Y95.91%
EPS Next 2Y103.61%
EPS Next 3Y84.4%
EPS Next 5Y73.06%
Revenue Next Year6.66%
Revenue Next 2Y3.13%
Revenue Next 3Y7.09%
Revenue Next 5Y6.36%
3.3 Evolution
The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is stable.
4. Valuation
4.1 Price/Earnings Ratio
1NESTE is valuated quite expensively with a Price/Earnings ratio of 39.34.
Based on the Price/Earnings ratio, 1NESTE is valued a bit more expensive than 77.05% of the companies in the same industry.
Compared to an average S&P500 Price/Earnings ratio of 28.79, 1NESTE is valued a bit more expensive.
1NESTE is valuated rather expensively with a Price/Forward Earnings ratio of 19.66.
Compared to the rest of the industry, the Price/Forward Earnings ratio of 1NESTE indicates a slightly more expensive valuation: 1NESTE is more expensive than 68.85% of the companies listed in the same industry.
Compared to an average S&P500 Price/Forward Earnings ratio of 21.38, 1NESTE is valued at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 39.34 | ||
| Fwd PE | 19.66 |
4.2 Price Multiples
72.13% of the companies in the same industry are cheaper than 1NESTE, based on the Enterprise Value to EBITDA ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 9.5 |
4.3 Compensation for Growth
1NESTE's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
1NESTE's earnings are expected to grow with 84.40% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.41
PEG (5Y)N/A
EPS Next 2Y103.61%
EPS Next 3Y84.4%
5. Dividend
5.1 Amount
1NESTE has a Yearly Dividend Yield of 2.48%.
Compared to an average industry Dividend Yield of 61.06, 1NESTE is paying slightly less dividend.
Compared to an average S&P500 Dividend Yield of 2.47, 1NESTE has a dividend comparable with the average S&P500 company.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.48% |
5.2 History
The dividend of 1NESTE is nicely growing with an annual growth rate of 9.58%!
Dividend Growth(5Y)9.58%
Div Incr YearsN/A
Div Non Decr YearsN/A
5.3 Sustainability
The earnings of 1NESTE are negative and hence is the payout ratio. 1NESTE will probably not be able to sustain this dividend level.
1NESTE's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP-980.85%
EPS Next 2Y103.61%
EPS Next 3Y84.4%
BIT:1NESTE (4/16/2025, 7:00:00 PM)
7.474
-0.19 (-2.5%)
Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryOil, Gas & Consumable Fuels
Earnings (Last)
Earnings (Next)
Inst Owners31.67%
Inst Owner ChangeN/A
Ins Owners0%
Ins Owner ChangeN/A
Market Cap5.75B
Analysts72.73
Price Target12.23 (63.63%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.48% |
Yearly Dividend1.2
Dividend Growth(5Y)9.58%
DP-980.85%
Div Incr YearsN/A
Div Non Decr YearsN/A
Ex-DateN/A
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-186.19%
Min EPS beat(2)-290.4%
Max EPS beat(2)-81.99%
EPS beat(4)0
Avg EPS beat(4)-141.76%
Min EPS beat(4)-290.4%
Max EPS beat(4)-34.25%
EPS beat(8)2
Avg EPS beat(8)-71.36%
EPS beat(12)5
Avg EPS beat(12)-43.74%
EPS beat(16)8
Avg EPS beat(16)-30.74%
Revenue beat(2)2
Avg Revenue beat(2)6.57%
Min Revenue beat(2)3.36%
Max Revenue beat(2)9.78%
Revenue beat(4)3
Avg Revenue beat(4)8.69%
Min Revenue beat(4)-11.13%
Max Revenue beat(4)32.74%
Revenue beat(8)5
Avg Revenue beat(8)3.23%
Revenue beat(12)8
Avg Revenue beat(12)4.41%
Revenue beat(16)11
Avg Revenue beat(16)5.76%
PT rev (1m)-21.67%
PT rev (3m)-35.69%
EPS NQ rev (1m)-143.55%
EPS NQ rev (3m)-105.81%
EPS NY rev (1m)-33.17%
EPS NY rev (3m)-68.45%
Revenue NQ rev (1m)-2.93%
Revenue NQ rev (3m)15.48%
Revenue NY rev (1m)-1.54%
Revenue NY rev (3m)3.44%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 39.34 | ||
| Fwd PE | 19.66 | ||
| P/S | 0.28 | ||
| P/FCF | N/A | ||
| P/OCF | 4.86 | ||
| P/B | 0.78 | ||
| P/tB | 0.85 | ||
| EV/EBITDA | 9.5 |
EPS(TTM)0.19
EY2.54%
EPS(NY)0.38
Fwd EY5.09%
FCF(TTM)-0.48
FCFYN/A
OCF(TTM)1.54
OCFY20.58%
SpS26.83
BVpS9.64
TBVpS8.76
PEG (NY)0.41
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -0.6% | ||
| ROE | -1.27% | ||
| ROCE | 0.27% | ||
| ROIC | 0.24% | ||
| ROICexc | 0.26% | ||
| ROICexgc | 0.28% | ||
| OM | 0.16% | ||
| PM (TTM) | N/A | ||
| GM | 10.89% | ||
| FCFM | N/A |
ROA(3y)7%
ROA(5y)8.51%
ROE(3y)12.78%
ROE(5y)15.14%
ROIC(3y)8.2%
ROIC(5y)11.9%
ROICexc(3y)9.29%
ROICexc(5y)14.26%
ROICexgc(3y)9.87%
ROICexgc(5y)15.16%
ROCE(3y)9.28%
ROCE(5y)13.33%
ROICexcg growth 3Y-78.57%
ROICexcg growth 5Y-62.29%
ROICexc growth 3Y-78.48%
ROICexc growth 5Y-62.57%
OM growth 3Y-77.36%
OM growth 5Y-59.36%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-21.88%
GM growth 5Y-13.88%
F-Score2
Asset Turnover1.32
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.63 | ||
| Debt/FCF | N/A | ||
| Debt/EBITDA | 4.6 | ||
| Cap/Depr | 158.37% | ||
| Cap/Sales | 7.52% | ||
| Interest Coverage | 0.18 | ||
| Cash Conversion | 116.67% | ||
| Profit Quality | N/A | ||
| Current Ratio | 1.73 | ||
| Quick Ratio | 0.83 | ||
| Altman-Z | 2.61 |
F-Score2
WACC7.1%
ROIC/WACC0.03
Cap/Depr(3y)198.9%
Cap/Depr(5y)175.21%
Cap/Sales(3y)6.85%
Cap/Sales(5y)6.69%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-93.28%
EPS 3Y-49.76%
EPS 5Y-37.6%
EPS Q2Q%-119.7%
EPS Next Y95.91%
EPS Next 2Y103.61%
EPS Next 3Y84.4%
EPS Next 5Y73.06%
Revenue 1Y (TTM)-9.99%
Revenue growth 3Y10.85%
Revenue growth 5Y5.43%
Sales Q2Q%-11.66%
Revenue Next Year6.66%
Revenue Next 2Y3.13%
Revenue Next 3Y7.09%
Revenue Next 5Y6.36%
EBIT growth 1Y-97.98%
EBIT growth 3Y-74.9%
EBIT growth 5Y-57.16%
EBIT Next Year270.94%
EBIT Next 3Y80.03%
EBIT Next 5Y67.66%
FCF growth 1Y-143.46%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y-48.09%
OCF growth 3Y-15.97%
OCF growth 5Y-4.07%