Neste
11.91
EUR
+0.29 %
NESTE
NASDAQ Helsinki
Non-Renewable
Energy
24,326 following
Income statement
2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024e | 2025e | 2026e | 2027e | |
---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | 13,216.6 | 14,918.0 | 15,839.9 | 11,752.0 | 15,148.0 | 25,707.4 | 22,925.9 | 20,590.4 | 23,829.7 | 27,524.6 | 28,168.0 |
growth-% | 12.9 % | 6.2 % | -25.8 % | 28.9 % | 69.7 % | -10.8 % | -10.2 % | 15.7 % | 15.5 % | 2.3 % | |
EBITDA | 1,541.6 | 1,639.2 | 2,731.4 | 1,508.1 | 2,607.0 | 3,047.3 | 2,547.5 | 1,087.9 | 1,977.6 | 2,879.9 | 3,086.3 |
EBIT (adj.) | 1,100.6 | 1,422.3 | 1,961.1 | 1,416.1 | 1,342.0 | 2,898.0 | 2,591.5 | 343.6 | 979.3 | 1,867.1 | 2,042.0 |
EBIT | 1,170.6 | 1,024.8 | 2,229.4 | 828.1 | 2,023.0 | 2,409.0 | 1,681.5 | 120.6 | 979.3 | 1,867.1 | 2,042.0 |
Profit before taxes | 1,093.6 | 949.7 | 2,066.6 | 786.8 | 1,962.0 | 2,278.0 | 1,595.5 | 2.6 | 839.8 | 1,747.8 | 1,938.1 |
Net income | 910.6 | 778.5 | 1,788.2 | 712.4 | 1,771.4 | 1,887.0 | 1,432.5 | 1.8 | 711.8 | 1,483.6 | 1,645.4 |
EPS (adj.) | 1.11 | 1.49 | 1.98 | 1.61 | 1.43 | 3.04 | 2.88 | 0.27 | 0.93 | 1.93 | 2.14 |
growth-% | 34.5 % | 32.6 % | -18.8 % | -10.9 % | 112.3 % | -5.3 % | -90.7 % | 247.5 % | 108.4 % | 10.9 % | |
Dividend | 0.57 | 0.76 | 1.02 | 0.80 | 0.82 | 1.52 | 1.20 | 0.00 | 0.40 | 0.60 | 0.70 |
Dividend ratio | 47.8 % | 74.9 % | 43.8 % | 86.2 % | 35.6 % | 61.9 % | 64.4 % | 43.2 % | 31.1 % | 32.7 % |
Profitability and return on capital
2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024e | 2025e | 2026e | 2027e | |
---|---|---|---|---|---|---|---|---|---|---|---|
EBITDA-% | 11.7 % | 11.0 % | 17.2 % | 12.8 % | 17.2 % | 11.9 % | 11.1 % | 5.3 % | 8.3 % | 10.5 % | 11.0 % |
EBIT-% (adj.) | 8.3 % | 9.5 % | 12.4 % | 12.0 % | 8.9 % | 11.3 % | 11.3 % | 1.7 % | 4.1 % | 6.8 % | 7.2 % |
EBIT-% | 8.9 % | 6.9 % | 14.1 % | 7.0 % | 13.4 % | 9.4 % | 7.3 % | 0.6 % | 4.1 % | 6.8 % | 7.2 % |
ROE | 17.4 % | 33.9 % | 12.0 % | 27.5 % | 24.7 % | 17.1 % | 0.0 % | 9.0 % | 16.8 % | 16.4 % | |
ROI | 18.2 % | 34.3 % | 11.5 % | 25.3 % | 24.5 % | 14.3 % | 1.0 % | 7.8 % | 14.5 % | 15.1 % |
Valuation
2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024e | 2025e | 2026e | 2027e | |
---|---|---|---|---|---|---|---|---|---|---|---|
Share price (EUR) | 17.78 | 22.45 | 31.02 | 59.16 | 43.36 | 43.02 | 32.21 | 11.91 | 11.91 | 11.91 | 11.91 |
Shares | 767.4 | 767.5 | 767.7 | 767.8 | 768.0 | 768.1 | 768.2 | 768.2 | 768.2 | 768.2 | 768.2 |
Market cap | 13,646.4 | 17,232.7 | 23,813.6 | 45,425.2 | 33,299.1 | 33,042.9 | 24,743.7 | 9,149.3 | 9,149.3 | 9,149.3 | 9,149.3 |
Enterprise value | 14,058.7 | 17,236.2 | 23,642.1 | 45,181.0 | 33,475.1 | 34,386.9 | 27,236.7 | 13,123.9 | 12,543.9 | 11,472.1 | 9,903.7 |
EV/S | 1.1 | 1.2 | 1.5 | 3.8 | 2.2 | 1.3 | 1.2 | 0.6 | 0.5 | 0.4 | 0.4 |
EV/EBITDA | 9.1 | 10.5 | 8.7 | 30.0 | 12.8 | 11.3 | 10.7 | 12.1 | 6.3 | 4.0 | 3.2 |
EV/EBIT (adj.) | 12.8 | 12.1 | 12.1 | 31.9 | 24.9 | 11.9 | 10.5 | 38.2 | 12.8 | 6.1 | 4.8 |
EV/EBIT | 12.0 | 16.8 | 10.6 | 54.6 | 16.5 | 14.3 | 16.2 | 108.8 | 12.8 | 6.1 | 4.8 |
P/E (adj.) | 16.0 | 15.0 | 15.7 | 36.8 | 30.3 | 14.1 | 11.2 | 44.7 | 12.9 | 6.2 | 5.6 |
P/E | 15.0 | 22.1 | 13.3 | 63.8 | 18.8 | 17.5 | 17.3 | 4,970.4 | 12.9 | 6.2 | 5.6 |
P/B | 3.1 | 3.7 | 4.0 | 7.7 | 4.8 | 4.0 | 2.9 | 1.2 | 1.1 | 1.0 | 0.9 |
P/S | 1.0 | 1.2 | 1.5 | 3.9 | 2.2 | 1.3 | 1.1 | 0.4 | 0.4 | 0.3 | 0.3 |
Dividend yield | 3.2 % | 3.4 % | 3.3 % | 1.4 % | 1.9 % | 3.5 % | 3.7 % | 3.4 % | 5.0 % | 5.9 % | |
Equity ratio | 55.7 % | 56.3 % | 60.5 % | 60.4 % | 56.6 % | 56.3 % | 53.0 % | 47.9 % | 50.3 % | 55.1 % | 58.0 % |
Gearing ratio | 9.5 % | 0.1 % | -2.9 % | -4.1 % | 2.5 % | 16.1 % | 29.5 % | 52.7 % | 41.1 % | 24.6 % | 7.1 % |
Quarter data
Q4/23 | 2023 | Q1/24 | Q2/24 | Q3/24 | Q4/24e | 2024e | Q1/25e | Q2/25e | |
---|---|---|---|---|---|---|---|---|---|
Revenue | 6,303.6 | 22,925.9 | 4,800.9 | 4,642.1 | 5,624.3 | 5,523.1 | 20,590.4 | ||
EBITDA | 672.5 | 2,547.5 | 442.0 | 118.8 | 300.6 | 226.5 | 1,087.9 | ||
EBIT | 415.4 | 1,681.5 | 200.0 | -118.5 | 53.6 | -14.5 | 120.6 | ||
Profit before taxes | 406.1 | 1,595.5 | 189.0 | -168.8 | 26.9 | -44.5 | 2.6 | ||
Net income | 399.8 | 1,432.5 | 162.0 | -144.4 | 22.5 | -38.3 | 1.8 |