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Neste Oil Oyj
Buy, Hold or Sell?

Let's analyze Neste together

I guess you are interested in Neste Oil Oyj. Buy, hold or sell? I don't know! However, I do recommend doing research before doing anything. I will help you with that.

I'm going to help you getting a better view of Neste Oil Oyj. At the end you don't have to ask anyone for trading advice. You can make your own decision, with more confidence, the odds in your favor, backed by data.

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1. Quick Overview

1.1. Quick analysis of Neste (30 sec.)










1.2. What can you expect buying and holding a share of Neste? (30 sec.)

How much money do you get?

How much money do you get?
€2.32
When do you have the money?
1 year
How often do you get paid?
90.0%

What is your share worth?

Current worth
€9.80
Expected worth in 1 year
€9.47
How sure are you?
87.5%

+ What do you gain per year?

Total Gains per Share
€1.79
Return On Investment
13.8%

For what price can you sell your share?

Current Price per Share
€13.04
Expected price per share
€0 - €21.96
How sure are you?
50%
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2. Detailed Analysis

2.1. Valuation of Neste (5 min.)




Live pricePrice per Share (EOD)
€13.04
Intrinsic Value Per Share
€-44.90 - €-6.99
Total Value Per Share
€-35.10 - €2.81

2.2. Growth of Neste (5 min.)




Is Neste growing?

Current yearPrevious yearGrowGrow %
How rich?$8.2b$8.5b$88.5m1.0%

How much money is Neste making?

Current yearPrevious yearGrowGrow %
Making money$261.1m$312.7m-$51.6m-19.8%
Net Profit Margin3.9%4.8%--

How much money comes from the company's main activities?

2.3. Financial Health of Neste (5 min.)




2.4. Comparing to competitors in the Oil & Gas Refining & Marketing industry (5 min.)




  Industry Rankings (Oil & Gas Refining & Marketing)  


Richest
#12 / 103

Most Revenue
#23 / 103

Most Profit
#19 / 103
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3. Summary and Key Metrics

3.1. What can you expect buying and holding a share of Neste?

Welcome investor! Neste's management wants to use your money to grow the business. In return you get a share of Neste.

First you should know what it really means to hold a share of Neste. And how you can make/lose money.

Speculation

The Price per Share of Neste is €13.04. The market price reflects what other people think it is worth; not what it's really worth. Your job is to find out if the market price is fair, overpriced, or underpriced. I will help you with that.

If you buy blind, there is a 50% chance of making or losing money by selling the stock in the future. However, we can look at a few things to determine the odds in our favor:

  • The fundamentals: the financial health trends of Neste.
  • The technials: based on market psychology, we can make a calculated estimate of what the price will do in the future. We can do this through technical analysis. We can calculate the probabilities and the expected value (millionaire math). That's called speculation.
  • The book value: what is the market price compared to it's book value.

Investing

If you really want to invest in Neste, you will have to let go of the thought of selling in the future. If you have to sell the share for less than you bought it, it can still be a good investment. Focus on what it means to hold the stock forever:

  • You own a part of the company. The equity of this part can grow or shrink. The current Book Value per Share is €9.80. Based on the TTM, the Book Value Change Per Share is €-0.08 per quarter. Based on the YOY, the Book Value Change Per Share is €0.04 per quarter.
  • You may receive quarterly/yearly dividend in the form of additional shares.
  • You may receive quarterly/yearly dividend in the form of cash. Based on the TTM the Dividend per Share is €0.53 per quarter.
Based on historical numbers we can estimate the returns while holding a share of Neste.

How much money are you going to get?

 MRQTTMYOY5Y10Y
 % of Price per Share% of Price per Share% of Price per Share% of Price per Share% of Price per Share
Usd Eps-0.20-1.6%0.342.6%0.413.1%0.503.8%0.382.9%
Usd Book Value Change Per Share-0.20-1.5%-0.09-0.7%0.050.3%0.211.6%0.171.3%
Usd Dividend Per Share0.665.0%0.584.4%0.433.3%0.493.7%0.403.1%
Usd Total Gains Per Share0.463.5%0.493.8%0.483.7%0.695.3%0.574.4%
Usd Price Per Share18.17-28.97-46.03-42.54-43.56-
Price to Earnings Ratio-22.17-8.63-35.61-134.24-89.79-
Price-to-Total Gains Ratio39.79-17.25-27.17-1,551.33-733.84-
Price to Book Ratio1.70-2.55-4.13-4.46-6.25-
Price-to-Total Gains Ratio39.79-17.25-27.17-1,551.33-733.84-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share14.2433445
Number of shares70
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.580.49
Usd Book Value Change Per Share-0.090.21
Usd Total Gains Per Share0.490.69
Gains per Quarter (70 shares)34.3048.61
Gains per Year (70 shares)137.20194.44
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
1162-2512713658184
2324-50264272116378
3487-75401409175572
4649-100538545233766
5811-125675681291960
6973-1508128173491154
71135-1759499544071348
81298-200108610904661542
91460-225122312265241736
101622-250136013625821930

How sure are you?

Based on the past periods, how sure are you to get value out of your investment.

Linear %
 Trailing 12 Months3Y5 Year10 YearALLTIME
  % % % % %
Earnings Per Share3.01.00.075.0%11.01.00.091.7%19.01.00.095.0%38.02.00.095.0%71.06.01.091.0%
Book Value Change Per Share2.02.00.050.0%9.03.00.075.0%14.06.00.070.0%27.013.00.067.5%50.027.01.064.1%
Dividend per Share3.00.01.075.0%10.00.02.083.3%18.00.02.090.0%36.00.04.090.0%63.00.015.080.8%
Total Gains per Share3.01.00.075.0%10.02.00.083.3%18.02.00.090.0%35.05.00.087.5%68.09.01.087.2%
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3.2. Key Performance Indicators

The key performance indicators of Neste Oil Oyj compared to the Most Recent Quarter (MRQ).

 End of day+/-Most Recent QuarterTrailing 12 Months+/-Year-Over-Year+/-5 Year+/-10 Year+/-
Book Value Change Per Share---0.182-0.082-55%0.041-541%0.190-196%0.154-218%
Book Value Per Share--9.79810.330-5%10.221-4%8.981+9%6.920+42%
Current Ratio--1.6481.743-5%1.762-6%1.945-15%1.767-7%
Debt To Asset Ratio--0.5400.513+5%0.486+11%0.455+19%0.478+13%
Debt To Equity Ratio--1.1761.059+11%0.950+24%0.853+38%0.949+24%
Dividend Per Share--0.6000.530+13%0.394+52%0.445+35%0.365+64%
Eps---0.1870.311-160%0.372-150%0.457-141%0.351-153%
Free Cash Flow Per Share---0.5780.019-3162%0.095-707%0.164-452%0.179-424%
Free Cash Flow To Equity Per Share---0.578-0.019-97%-0.080-86%0.031-1994%0.025-2380%
Gross Profit Margin--1.0001.0000%1.0000%1.0000%1.0000%
Intrinsic Value_10Y_max---6.987--------
Intrinsic Value_10Y_min---44.901--------
Intrinsic Value_1Y_max--0.510--------
Intrinsic Value_1Y_min---0.572--------
Intrinsic Value_3Y_max--0.611--------
Intrinsic Value_3Y_min---5.131--------
Intrinsic Value_5Y_max---0.401--------
Intrinsic Value_5Y_min---13.394--------
Market Cap10013695560.000-28%12771591000.00020370207510.000-37%32373933380.595-61%29931416945.278-57%30638693878.805-58%
Net Profit Margin---0.0310.039-179%0.048-165%0.079-139%0.068-145%
Operating Margin----0%0.061-100%0.083-100%0.063-100%
Operating Ratio--1.9501.820+7%0.941+107%1.080+80%1.005+94%
Pb Ratio1.330-28%1.6972.547-33%4.128-59%4.459-62%6.245-73%
Pe Ratio-17.385+22%-22.1738.630-357%35.606-162%134.239-117%89.789-125%
Price Per Share13.035-28%16.62526.516-37%42.128-61%38.935-57%39.864-58%
Price To Free Cash Flow Ratio-5.638+22%-7.1912.909-347%730.881-101%118.040-106%90.050-108%
Price To Total Gains Ratio31.195-28%39.78717.247+131%27.170+46%1551.333-97%733.842-95%
Quick Ratio--0.4120.501-18%0.780-47%0.932-56%0.874-53%
Return On Assets---0.0090.015-160%0.019-147%0.029-131%0.027-133%
Return On Equity---0.0190.029-166%0.036-153%0.052-137%0.050-138%
Total Gains Per Share--0.4180.448-7%0.436-4%0.636-34%0.519-20%
Usd Book Value--8224752900.0008671667200.000-5%8583158500.000-4%7542962735.000+9%5811442997.500+42%
Usd Book Value Change Per Share---0.199-0.089-55%0.045-541%0.208-196%0.169-218%
Usd Book Value Per Share--10.70611.288-5%11.169-4%9.814+9%7.561+42%
Usd Dividend Per Share--0.6560.579+13%0.431+52%0.487+35%0.399+64%
Usd Eps---0.2050.340-160%0.407-150%0.499-141%0.383-153%
Usd Free Cash Flow---485158800.00015844150.000-3162%80040275.000-706%137898740.000-452%150027710.000-423%
Usd Free Cash Flow Per Share---0.6320.021-3162%0.104-707%0.179-452%0.195-424%
Usd Free Cash Flow To Equity Per Share---0.632-0.021-97%-0.087-86%0.033-1994%0.028-2380%
Usd Market Cap10941965138.412-28%13955517485.70022258525746.177-37%35374997004.976-61%32706059296.105-57%33478900801.370-58%
Usd Price Per Share14.243-28%18.16628.974-37%46.033-61%42.545-57%43.560-58%
Usd Profit---157348800.000261155300.000-160%312785375.000-150%383701605.000-141%294591920.000-153%
Usd Revenue--5073406100.0005933634175.000-14%6499652775.000-22%5079853030.0000%4339876590.000+17%
Usd Total Gains Per Share--0.4570.490-7%0.476-4%0.694-34%0.568-20%
 EOD+2 -6MRQTTM+7 -27YOY+7 -285Y+9 -2610Y+10 -25

3.3 Fundamental Score

Let's check the fundamental score of Neste Oil Oyj based on Penke's default stock scanner.

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-15-17.385
Price to Book Ratio (EOD)Between0-11.330
Net Profit Margin (MRQ)Greater than0-0.031
Operating Margin (MRQ)Greater than00.000
Quick Ratio (MRQ)Greater than10.412
Current Ratio (MRQ)Greater than11.648
Debt to Asset Ratio (MRQ)Less than10.540
Debt to Equity Ratio (MRQ)Less than11.176
Return on Equity (MRQ)Greater than0.15-0.019
Return on Assets (MRQ)Greater than0.05-0.009
Total2/10 (20.0%)

3.4 Technical Score

Let's check the technical score of Neste Oil Oyj based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5025.508
Ma 20Greater thanMa 5015.193
Ma 50Greater thanMa 10016.292
Ma 100Greater thanMa 20016.889
OpenGreater thanClose13.800
Total1/5 (20.0%)

4. In-depth Analysis

4.1 About Neste Oil Oyj

Neste Oyj provides renewable diesel and sustainable aviation fuel in Finland, and other Nordic countries, Baltic Rim, other European countries, North and South America, and internationally. The company operates in four segments: Renewable Products, Oil Products, Marketing & Services, and Others. The Renewable Products segment produces, markets, and sells renewable diesel, sustainable aviation fuel, renewable solvents, and feedstock for bioplastics to wholesale markets. The Oil Products segment produces, markets, and sells diesel, gasoline, aviation and marine fuels, light and heavy fuel oils, and gasoline components, as well as special fuels, such as small-engine gasoline, solvents, liquid gases, and bitumen. This segment serves retailers and distributors, oil majors and trading companies, petrochemicals companies, and companies marketing lubricants and solvents, as well as road transportation, non-road uses, aviation and marine sectors. The Marketing & Services segment markets and sells cleaner fuels and oil products, and associated services to private motorists, transport companies, customers in aviation, shipping, industrial and agricultural sectors, municipalities, farmers, and heating oil customers through a network of service stations, as well as direct sales and distributors. The Others segment offers engineering solutions. The company was formerly known as Neste Oil Oyj and changed its name to Neste Oyj in June 2015. Neste Oyj was founded in 1948 and is headquartered in Espoo, Finland.

Fundamental data was last updated by Penke on 2024-11-05 11:03:05.

4.2 In-depth Summary

4.2.1. Financial Health Summary

Profitability Details
 Compared to previous yearCompared to industry
The company is making a profit.
Using its assets, the company is less efficient in making profit.
Using its investors money, the company is inefficient in making profit.
Operating Efficiency Details
 Compared to previous yearCompared to industry
The company is inefficient in keeping operating costs low.
Liquidity Details
 Compared to previous yearCompared to industry
The company is able to pay all its short-term debts.
The company is just not able to pay all its short-term debts with the most liquid assets.
Solvency Details
 Compared to previous yearCompared to industry
The company is able to pay all its debts by selling its assets.
The company is able to pay all its debts with equity.

4.2.2. Valuation Summary

Valuation Details
 Compared to previous yearCompared to industry
Based on the equity, the company is underpriced.
Based on the earnings, the company is underpriced.
Based on how much money comes from the company's main activities, the company is cheap.
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4.3 Financial Health

4.3.1. Profitability

4.3.1 Profitability
4.3.1.1. Net Profit Margin

Measures how much net profit Neste earns for each €1 of revenue.

  • Above 10% is considered healthy but always compare Neste to the Oil & Gas Refining & Marketing industry mean.
  • A Net Profit Margin of -3.1% means that €-0.03 for each €1 in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of Neste Oil Oyj:

  • The MRQ is -3.1%. The company is making a loss. -1
  • The TTM is 3.9%. The company is making a profit. +1
Trends
Current periodCompared to+/- 
MRQ-3.1%TTM3.9%-7.0%
TTM3.9%YOY4.8%-0.9%
TTM3.9%5Y7.9%-4.0%
5Y7.9%10Y6.8%+1.0%
Compared to industry (Oil & Gas Refining & Marketing)
PeriodCompanyIndustry (mean)+/- 
MRQ-3.1%1.3%-4.4%
TTM3.9%2.5%+1.4%
YOY4.8%1.7%+3.1%
5Y7.9%2.0%+5.9%
10Y6.8%2.3%+4.5%
4.3.1.2. Return on Assets

Shows how efficient Neste is using its assets to generate profit.

  • Above 5% is considered healthy but always compare Neste to the Oil & Gas Refining & Marketing industry mean.
  • -0.9% Return on Assets means that Neste generated €-0.01 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of Neste Oil Oyj:

  • The MRQ is -0.9%. Using its assets, the company is very inefficient in making profit. -2
  • The TTM is 1.5%. Using its assets, the company is less efficient in making profit.
Trends
Current periodCompared to+/- 
MRQ-0.9%TTM1.5%-2.4%
TTM1.5%YOY1.9%-0.4%
TTM1.5%5Y2.9%-1.4%
5Y2.9%10Y2.7%+0.2%
Compared to industry (Oil & Gas Refining & Marketing)
PeriodCompanyIndustry (mean)+/- 
MRQ-0.9%0.8%-1.7%
TTM1.5%1.3%+0.2%
YOY1.9%1.3%+0.6%
5Y2.9%1.3%+1.6%
10Y2.7%1.2%+1.5%
4.3.1.3. Return on Equity

Shows how efficient Neste is using its investors money to generate profit.

  • Above 15%-20% is considered healthy but always compare Neste to the Oil & Gas Refining & Marketing industry mean.
  • -1.9% Return on Equity means Neste generated €-0.02 for each €1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of Neste Oil Oyj:

  • The MRQ is -1.9%. Using its investors money, the company is very inefficient in making profit. -2
  • The TTM is 2.9%. Using its investors money, the company is inefficient in making profit. -1
Trends
Current periodCompared to+/- 
MRQ-1.9%TTM2.9%-4.8%
TTM2.9%YOY3.6%-0.7%
TTM2.9%5Y5.2%-2.3%
5Y5.2%10Y5.0%+0.1%
Compared to industry (Oil & Gas Refining & Marketing)
PeriodCompanyIndustry (mean)+/- 
MRQ-1.9%2.2%-4.1%
TTM2.9%3.3%-0.4%
YOY3.6%4.0%-0.4%
5Y5.2%3.1%+2.1%
10Y5.0%3.1%+1.9%
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4.3.2. Operating Efficiency of Neste Oil Oyj.

4.3.2. Operating Efficiency
4.3.2.1. Operating Margin

Measures how efficient Neste is operating .

  • Measures how much profit Neste makes for each €1 of sales after paying variable costs (production costs, wages, etc) but before taxes.
  • Above 15% is considered healthy but always compare Neste to the Oil & Gas Refining & Marketing industry mean.
  • An Operating Margin of 0.0% means the company generated €0.00  for each €1 in revenue (before taxes).

Let's take a look of the Operating Margin trends of Neste Oil Oyj:

  • The MRQ is 0.0%. The data is not here.
Trends
Current periodCompared to+/- 
MRQ-TTM-0.0%
TTM-YOY6.1%-6.1%
TTM-5Y8.3%-8.3%
5Y8.3%10Y6.3%+2.0%
Compared to industry (Oil & Gas Refining & Marketing)
PeriodCompanyIndustry (mean)+/- 
MRQ-2.8%-2.8%
TTM-3.9%-3.9%
YOY6.1%2.8%+3.3%
5Y8.3%2.9%+5.4%
10Y6.3%3.0%+3.3%
4.3.2.2. Operating Ratio

Measures how efficient Neste is keeping operating costs low.

  • Below 1 is considered healthy (always compare to Oil & Gas Refining & Marketing industry mean).
  • An Operation Ratio of 1.95 means that the operating costs are €1.95 for each €1 in net sales.

Let's take a look of the Operating Ratio trends of Neste Oil Oyj:

  • The MRQ is 1.950. The company is inefficient in keeping operating costs low. -1
  • The TTM is 1.820. The company is inefficient in keeping operating costs low. -1
Trends
Current periodCompared to+/- 
MRQ1.950TTM1.820+0.130
TTM1.820YOY0.941+0.879
TTM1.8205Y1.080+0.740
5Y1.08010Y1.005+0.075
Compared to industry (Oil & Gas Refining & Marketing)
PeriodCompanyIndustry (mean)+/- 
MRQ1.9501.015+0.935
TTM1.8201.001+0.819
YOY0.9410.999-0.058
5Y1.0801.006+0.074
10Y1.0051.006-0.001
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4.4.3. Liquidity of Neste Oil Oyj.

4.4.3. Liquidity
4.4.3.1. Current Ratio

Measures if Neste is able to pay off Short-term Debt.

  • Above 1.5 is considered healthy (always compare to Oil & Gas Refining & Marketing industry mean).
  • A Current Ratio of 1.65 means the company has €1.65 in assets for each €1 in short-term debts.

Let's take a look of the Current Ratio trends of Neste Oil Oyj:

  • The MRQ is 1.648. The company is able to pay all its short-term debts. +1
  • The TTM is 1.743. The company is able to pay all its short-term debts. +1
Trends
Current periodCompared to+/- 
MRQ1.648TTM1.743-0.095
TTM1.743YOY1.762-0.019
TTM1.7435Y1.945-0.202
5Y1.94510Y1.767+0.179
Compared to industry (Oil & Gas Refining & Marketing)
PeriodCompanyIndustry (mean)+/- 
MRQ1.6481.403+0.245
TTM1.7431.418+0.325
YOY1.7621.442+0.320
5Y1.9451.458+0.487
10Y1.7671.537+0.230
4.4.3.2. Quick Ratio

Measures if Neste is able to pay off Short-term Debt but only using the most liquid assets.

  • Above 1 is considered healthy but always compare Neste to the Oil & Gas Refining & Marketing industry mean.
  • A Quick Ratio of 0.41 means the company can pay off €0.41 for each €1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of Neste Oil Oyj:

  • The MRQ is 0.412. The company is just not able to pay all its short-term debts with the most liquid assets. -1
  • The TTM is 0.501. The company is just not able to pay all its short-term debts with the most liquid assets. -1
Trends
Current periodCompared to+/- 
MRQ0.412TTM0.501-0.088
TTM0.501YOY0.780-0.280
TTM0.5015Y0.932-0.431
5Y0.93210Y0.874+0.058
Compared to industry (Oil & Gas Refining & Marketing)
PeriodCompanyIndustry (mean)+/- 
MRQ0.4120.661-0.249
TTM0.5010.704-0.203
YOY0.7800.780+0.000
5Y0.9320.761+0.171
10Y0.8740.809+0.065
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4.5.4. Solvency of Neste Oil Oyj.

4.5.4. Solvency
4.5.4.1. Debt to Asset Ratio

Measures how much % of Neste assets are financed with debt.

  • Below 1 (100%) is considered healthy but always compare Neste to Oil & Gas Refining & Marketing industry mean.
  • A Debt to Asset Ratio of 0.54 means that Neste assets are financed with 54.0% credit (debt) and the remaining percentage (100% - 54.0%) is financed by its owners/shareholders. 

Let's take a look of the Debt to Asset Ratio trends of Neste Oil Oyj:

  • The MRQ is 0.540. The company is able to pay all its debts by selling its assets. +1
  • The TTM is 0.513. The company is able to pay all its debts by selling its assets. +1
Trends
Current periodCompared to+/- 
MRQ0.540TTM0.513+0.028
TTM0.513YOY0.486+0.027
TTM0.5135Y0.455+0.058
5Y0.45510Y0.478-0.023
Compared to industry (Oil & Gas Refining & Marketing)
PeriodCompanyIndustry (mean)+/- 
MRQ0.5400.600-0.060
TTM0.5130.590-0.077
YOY0.4860.586-0.100
5Y0.4550.598-0.143
10Y0.4780.556-0.078
4.5.4.2. Debt to Equity Ratio

Measures if Neste is able to pay off its debts by using shareholders equity.

  • Below 2 is considered healthy but always compare Neste to the Oil & Gas Refining & Marketing industry mean.
  • A Debt to Equity ratio of 117.6% means that company has €1.18 debt for each €1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of Neste Oil Oyj:

  • The MRQ is 1.176. The company is able to pay all its debts with equity. +1
  • The TTM is 1.059. The company is able to pay all its debts with equity. +1
Trends
Current periodCompared to+/- 
MRQ1.176TTM1.059+0.117
TTM1.059YOY0.950+0.109
TTM1.0595Y0.853+0.206
5Y0.85310Y0.949-0.096
Compared to industry (Oil & Gas Refining & Marketing)
PeriodCompanyIndustry (mean)+/- 
MRQ1.1761.538-0.362
TTM1.0591.461-0.402
YOY0.9501.417-0.467
5Y0.8531.583-0.730
10Y0.9491.434-0.485
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4.6. Market Valuation

4.6.1. Earnings Per Share
4.6.2.1. Price to Earnings Ratio

Measures how much money you pay for each share for every €1 in earnings Neste generates.

  • Above 15 is considered overpriced but always compare Neste to the Oil & Gas Refining & Marketing industry mean.
  • A PE ratio of -22.17 means the investor is paying €-22.17 for every €1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of Neste Oil Oyj:

  • The EOD is -17.385. Based on the earnings, the company is expensive. -2
  • The MRQ is -22.173. Based on the earnings, the company is expensive. -2
  • The TTM is 8.630. Based on the earnings, the company is underpriced. +1
Trends
Current periodCompared to+/- 
EOD-17.385MRQ-22.173+4.788
MRQ-22.173TTM8.630-30.803
TTM8.630YOY35.606-26.976
TTM8.6305Y134.239-125.609
5Y134.23910Y89.789+44.450
Compared to industry (Oil & Gas Refining & Marketing)
PeriodCompanyIndustry (mean)+/- 
EOD-17.3854.862-22.247
MRQ-22.1736.205-28.378
TTM8.6306.852+1.778
YOY35.6066.331+29.275
5Y134.2397.858+126.381
10Y89.78911.472+78.317
4.6.2.2. Price To Free Cash Flow Ratio

Let's take a look of the Price To Free Cash Flow Ratio trends of Neste Oil Oyj:

  • The EOD is -5.638. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The MRQ is -7.191. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The TTM is 2.909. Based on how much money comes from the company's main activities, the company is cheap. +2
Trends
Current periodCompared to+/- 
EOD-5.638MRQ-7.191+1.553
MRQ-7.191TTM2.909-10.100
TTM2.909YOY730.881-727.972
TTM2.9095Y118.040-115.131
5Y118.04010Y90.050+27.990
Compared to industry (Oil & Gas Refining & Marketing)
PeriodCompanyIndustry (mean)+/- 
EOD-5.6383.059-8.697
MRQ-7.1913.877-11.068
TTM2.9092.100+0.809
YOY730.8813.068+727.813
5Y118.0400.254+117.786
10Y90.0500.803+89.247
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4.6.2. Book Value per Share
4.6.2.1. Price to Book Ratio

Measures if the stock price of Neste is to cheap or to expensive compared to its book value.

  • At or below 1 is considered healthy (always compare to Oil & Gas Refining & Marketing industry mean).
  • A PB ratio of 1.70 means the investor is paying €1.70 for each €1 in book value.

Let's take a look of the Price to Book Ratio trends of Neste Oil Oyj:

  • The EOD is 1.330. Based on the equity, the company is underpriced. +1
  • The MRQ is 1.697. Based on the equity, the company is underpriced. +1
  • The TTM is 2.547. Based on the equity, the company is underpriced. +1
Trends
Current periodCompared to+/- 
EOD1.330MRQ1.697-0.366
MRQ1.697TTM2.547-0.850
TTM2.547YOY4.128-1.581
TTM2.5475Y4.459-1.912
5Y4.45910Y6.245-1.787
Compared to industry (Oil & Gas Refining & Marketing)
PeriodCompanyIndustry (mean)+/- 
EOD1.3301.033+0.297
MRQ1.6971.108+0.589
TTM2.5471.193+1.354
YOY4.1281.115+3.013
5Y4.4591.330+3.129
10Y6.2451.652+4.593
4.6.2. Total Gains per Share
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6. Financial Statements




6.1. Reversals in quarterly reports

I have detected a reversal (positive to negative, negative to positive) in the following values of the quarterly reports.

 2023-06-302023-09-302023-12-312024-03-312024-06-30
Income before Tax  295,000323,000618,000-211,000407,000-218,000189,000-358,000-169,000
Net Income  258,000280,000538,000-138,000400,000-238,000162,000-306,000-144,000
Tax Provision  36,00043,00079,000-73,0006,00021,00027,000-51,000-24,000
Net Income from Continuing Operations  259,000280,000539,000-138,000401,000-239,000162,000-307,000-145,000



6.2. Latest Balance Sheet

Balance Sheet of 2024-06-30. Currency in EUR. All numbers in thousands.

Summary
Total Assets16,375,000
Total Liabilities8,848,000
Total Stockholder Equity7,527,000
 As reported
Total Liabilities 8,848,000
Total Stockholder Equity+ 7,527,000
Total Assets = 16,375,000

Assets

Total Assets16,375,000
Total Current Assets6,808,000
Long-term Assets9,567,000
Total Current Assets
Cash And Cash Equivalents 823,000
Net Receivables 1,703,000
Inventory 4,043,000
Total Current Assets  (as reported)6,808,000
Total Current Assets  (calculated)6,569,000
+/- 239,000
Long-term Assets
Property Plant Equipment 8,460,000
Goodwill 505,000
Intangible Assets 173,000
Long-term Assets Other 1,000
Long-term Assets  (as reported)9,567,000
Long-term Assets  (calculated)9,139,000
+/- 428,000

Liabilities & Shareholders' Equity

Total Current Liabilities4,130,000
Long-term Liabilities4,718,000
Total Stockholder Equity7,527,000
Total Current Liabilities
Short Long Term Debt 519,000
Accounts payable 3,163,000
Total Current Liabilities  (as reported)4,130,000
Total Current Liabilities  (calculated)3,682,000
+/- 448,000
Long-term Liabilities
Long term Debt 3,231,000
Capital Lease Obligations Min Short Term Debt1,045,000
Long-term Liabilities Other 34,000
Long-term Liabilities  (as reported)4,718,000
Long-term Liabilities  (calculated)4,310,000
+/- 408,000
Total Stockholder Equity
Retained Earnings 7,645,000
Total Stockholder Equity (as reported)7,527,000
Total Stockholder Equity (calculated)7,645,000
+/- 118,000
Other
Capital Stock40,000
Common Stock Shares Outstanding 768,216
Net Debt 2,927,000
Net Invested Capital 11,277,000
Net Working Capital 2,678,000



6.3. Balance Sheets Structured

Currency in EUR. All numbers in thousands.

 Trend2024-06-302024-03-312023-12-312023-09-302023-06-302023-03-312022-12-312022-09-302022-06-302022-03-312021-12-312021-09-302021-06-302021-03-312020-12-312020-09-302020-06-302020-03-312019-12-312019-09-302019-06-302019-03-312018-12-312018-09-302018-06-302018-03-312017-12-312017-09-302017-06-302017-03-312016-12-312016-09-302016-06-302016-03-312015-12-312015-09-302015-06-302015-03-312014-12-312014-09-302014-06-302014-03-312013-12-312013-09-302013-06-302013-03-312012-12-312012-09-302012-06-302012-03-312011-12-312011-09-302011-06-302011-03-312010-12-312010-09-302010-06-302010-03-312009-12-312009-09-302009-06-302009-03-312008-12-312008-09-302008-06-302008-03-312007-12-312007-09-302007-06-302007-03-312006-12-312006-09-302006-06-302006-03-312005-12-312005-09-302005-06-302005-03-31
> Total Assets 
3,512,000
3,617,000
3,963,000
3,829,000
4,402,000
4,738,000
4,517,000
4,340,000
4,519,000
4,636,000
4,723,000
4,871,000
5,246,000
5,786,000
5,570,000
4,720,000
4,980,000
5,201,000
5,343,000
5,700,000
5,774,000
6,031,000
6,224,000
6,664,000
6,819,000
6,885,000
6,909,000
7,272,000
7,526,000
7,139,000
7,637,000
7,385,000
7,178,000
6,646,000
6,963,000
7,040,000
6,721,000
7,157,000
6,970,000
6,494,000
7,150,000
6,904,000
6,618,000
6,793,000
6,830,000
7,094,000
6,896,000
7,443,000
7,325,000
7,077,000
7,310,000
7,793,000
8,041,000
7,916,000
8,411,000
8,224,000
8,564,000
8,576,000
8,795,000
9,793,000
9,830,000
9,122,000
9,572,000
9,815,000
10,657,000
10,867,000
11,762,000
12,417,000
13,740,000
15,313,000
15,274,000
14,917,000
15,679,000
15,268,000
16,400,000
15,983,000
16,428,000
16,375,000
16,375,00016,428,00015,983,00016,400,00015,268,00015,679,00014,917,00015,274,00015,313,00013,740,00012,417,00011,762,00010,867,00010,657,0009,815,0009,572,0009,122,0009,830,0009,793,0008,795,0008,576,0008,564,0008,224,0008,411,0007,916,0008,041,0007,793,0007,310,0007,077,0007,325,0007,443,0006,896,0007,094,0006,830,0006,793,0006,618,0006,904,0007,150,0006,494,0006,970,0007,157,0006,721,0007,040,0006,963,0006,646,0007,178,0007,385,0007,637,0007,139,0007,526,0007,272,0006,909,0006,885,0006,819,0006,664,0006,224,0006,031,0005,774,0005,700,0005,343,0005,201,0004,980,0004,720,0005,570,0005,786,0005,246,0004,871,0004,723,0004,636,0004,519,0004,340,0004,517,0004,738,0004,402,0003,829,0003,963,0003,617,0003,512,000
   > Total Current Assets 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
2,072,000
1,988,000
1,989,000
2,058,000
2,367,000
2,493,000
2,527,000
2,545,000
2,921,000
3,226,000
2,783,000
3,319,000
3,136,000
2,969,000
2,483,000
2,838,000
2,954,000
2,661,000
3,068,000
2,860,000
2,435,000
3,062,000
2,701,000
2,486,000
2,702,000
2,701,000
2,954,000
2,787,000
3,286,000
3,168,000
2,902,000
3,108,000
3,529,000
3,810,000
3,626,000
4,219,000
4,130,000
4,285,000
4,327,000
4,566,000
5,341,000
5,253,000
4,299,000
4,658,000
4,887,000
5,329,000
5,345,000
6,125,000
6,524,000
7,728,000
9,141,000
8,195,000
7,503,000
7,655,000
6,955,000
7,769,000
7,126,000
7,288,000
6,808,000
6,808,0007,288,0007,126,0007,769,0006,955,0007,655,0007,503,0008,195,0009,141,0007,728,0006,524,0006,125,0005,345,0005,329,0004,887,0004,658,0004,299,0005,253,0005,341,0004,566,0004,327,0004,285,0004,130,0004,219,0003,626,0003,810,0003,529,0003,108,0002,902,0003,168,0003,286,0002,787,0002,954,0002,701,0002,702,0002,486,0002,701,0003,062,0002,435,0002,860,0003,068,0002,661,0002,954,0002,838,0002,483,0002,969,0003,136,0003,319,0002,783,0003,226,0002,921,0002,545,0002,527,0002,493,0002,367,0002,058,0001,989,0001,988,0002,072,0000000000000000000000
       Cash And Cash Equivalents 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
117,000
56,000
58,000
55,000
380,000
162,000
140,000
97,000
304,000
94,000
122,000
367,000
409,000
174,000
175,000
92,000
506,000
168,000
269,000
176,000
246,000
561,000
397,000
339,000
596,000
594,000
679,000
523,000
788,000
511,000
222,000
496,000
783,000
1,004,000
875,000
979,000
1,136,000
1,145,000
927,000
836,000
1,493,000
1,325,000
650,000
944,000
1,552,000
1,370,000
1,281,000
1,465,000
1,581,000
806,000
1,140,000
1,027,000
1,271,000
1,747,000
1,039,000
1,430,000
1,575,000
1,368,000
823,000
823,0001,368,0001,575,0001,430,0001,039,0001,747,0001,271,0001,027,0001,140,000806,0001,581,0001,465,0001,281,0001,370,0001,552,000944,000650,0001,325,0001,493,000836,000927,0001,145,0001,136,000979,000875,0001,004,000783,000496,000222,000511,000788,000523,000679,000594,000596,000339,000397,000561,000246,000176,000269,000168,000506,00092,000175,000174,000409,000367,000122,00094,000304,00097,000140,000162,000380,00055,00058,00056,000117,0000000000000000000000
       Short-term Investments 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
128,000
0
0
57,000
30,000
28,000
39,000
34,000
30,000
19,000
273,000
144,000
195,000
77,000
119,000
99,000
164,000
35,000
35,000
48,000
47,000
137,000
84,000
-55,000
301,000
11,000
20,000
74,000
146,000
151,000
46,000
19,000
24,000
47,000
35,000
20,000
27,000
36,000
21,000
135,000
155,000
25,000
0
0
0
0
0
5,000
0
0
005,0000000025,000155,000135,00021,00036,00027,00020,00035,00047,00024,00019,00046,000151,000146,00074,00020,00011,000301,000-55,00084,000137,00047,00048,00035,00035,000164,00099,000119,00077,000195,000144,000273,00019,00030,00034,00039,00028,00030,00057,00000128,0000000000000000000000000000000
       Net Receivables 
942,000
829,000
871,000
745,000
1,050,000
1,189,000
1,094,000
804,000
839,000
943,000
905,000
946,000
1,012,000
1,164,000
1,303,000
770,000
799,000
916,000
769,000
757,000
789,000
828,000
796,000
866,000
1,014,000
986,000
1,037,000
1,101,000
128,000
1,098,000
1,197,000
57,000
30,000
28,000
39,000
34,000
1,072,000
19,000
1,164,000
1,133,000
1,086,000
960,000
119,000
99,000
990,000
902,000
949,000
1,083,000
47,000
1,114,000
84,000
1,087,000
1,228,000
1,232,000
1,374,000
1,222,000
1,299,000
1,444,000
1,657,000
1,914,000
1,847,000
1,616,000
1,589,000
1,206,000
1,485,000
1,475,000
1,546,000
1,403,000
2,078,000
2,949,000
2,498,000
2,178,000
1,740,000
1,906,000
2,187,000
1,605,000
1,625,000
1,703,000
1,703,0001,625,0001,605,0002,187,0001,906,0001,740,0002,178,0002,498,0002,949,0002,078,0001,403,0001,546,0001,475,0001,485,0001,206,0001,589,0001,616,0001,847,0001,914,0001,657,0001,444,0001,299,0001,222,0001,374,0001,232,0001,228,0001,087,00084,0001,114,00047,0001,083,000949,000902,000990,00099,000119,000960,0001,086,0001,133,0001,164,00019,0001,072,00034,00039,00028,00030,00057,0001,197,0001,098,000128,0001,101,0001,037,000986,0001,014,000866,000796,000828,000789,000757,000769,000916,000799,000770,0001,303,0001,164,0001,012,000946,000905,000943,000839,000804,0001,094,0001,189,0001,050,000745,000871,000829,000942,000
       Other Current Assets 
0
0
0
92,000
0
0
0
81,000
98,000
112,000
104,000
9,000
157,000
218,000
130,000
229,000
118,000
134,000
115,000
50,000
33,000
39,000
82,000
42,000
70,000
60,000
44,000
59,000
1,190,000
95,000
102,000
1,206,000
1,165,000
920,000
1,002,000
946,000
-1,000
1,130,000
1,228,000
1,000
-1,000
1,000
812,000
917,000
1,000
-1,000
-1,000
-1,000
911,000
-1,000
963,000
1,183,000
1,282,000
1,255,000
1,405,000
1,438,000
1,382,000
1,648,000
1,858,000
2,151,000
2,334,000
1,827,000
1,776,000
1,486,000
1,654,000
1,612,000
2,037,000
2,190,000
2,960,000
3,462,000
481,000
2,584,000
356,000
284,000
280,000
0
0
0
000280,000284,000356,0002,584,000481,0003,462,0002,960,0002,190,0002,037,0001,612,0001,654,0001,486,0001,776,0001,827,0002,334,0002,151,0001,858,0001,648,0001,382,0001,438,0001,405,0001,255,0001,282,0001,183,000963,000-1,000911,000-1,000-1,000-1,0001,000917,000812,0001,000-1,0001,0001,228,0001,130,000-1,000946,0001,002,000920,0001,165,0001,206,000102,00095,0001,190,00059,00044,00060,00070,00042,00082,00039,00033,00050,000115,000134,000118,000229,000130,000218,000157,0009,000104,000112,00098,00081,00000092,000000
   > Long-term Assets 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
3,628,000
3,786,000
4,042,000
4,166,000
4,297,000
4,326,000
4,358,000
4,364,000
4,351,000
4,300,000
4,356,000
4,318,000
4,249,000
4,209,000
4,163,000
4,125,000
4,086,000
4,061,000
4,089,000
4,110,000
4,058,000
4,088,000
4,203,000
4,131,000
4,090,000
4,128,000
4,141,000
4,110,000
4,157,000
4,157,000
4,176,000
4,202,000
4,262,000
4,231,000
4,288,000
4,191,000
4,095,000
4,279,000
4,250,000
4,229,000
4,452,000
4,576,000
4,838,000
4,914,000
4,928,000
5,327,000
5,523,000
5,637,000
5,894,000
6,012,000
6,172,000
7,077,000
7,413,000
8,024,000
8,313,000
8,631,000
8,858,000
9,139,000
9,567,000
9,567,0009,139,0008,858,0008,631,0008,313,0008,024,0007,413,0007,077,0006,172,0006,012,0005,894,0005,637,0005,523,0005,327,0004,928,0004,914,0004,838,0004,576,0004,452,0004,229,0004,250,0004,279,0004,095,0004,191,0004,288,0004,231,0004,262,0004,202,0004,176,0004,157,0004,157,0004,110,0004,141,0004,128,0004,090,0004,131,0004,203,0004,088,0004,058,0004,110,0004,089,0004,061,0004,086,0004,125,0004,163,0004,209,0004,249,0004,318,0004,356,0004,300,0004,351,0004,364,0004,358,0004,326,0004,297,0004,166,0004,042,0003,786,0003,628,0000000000000000000000
       Property Plant Equipment 
1,571,000
1,684,000
1,873,000
2,009,000
2,081,000
2,162,000
2,218,000
2,310,000
2,368,000
2,396,000
2,396,000
2,436,000
2,444,000
2,500,000
2,578,000
2,675,000
2,779,000
2,937,000
3,069,000
3,235,000
3,363,000
3,658,000
3,764,000
3,979,000
4,017,000
4,030,000
4,002,000
3,968,000
3,939,000
3,961,000
3,932,000
3,869,000
3,824,000
3,799,000
3,758,000
3,741,000
3,696,000
3,713,000
3,726,000
3,667,000
3,698,000
3,833,000
3,817,000
3,745,000
3,726,000
3,724,000
3,715,000
3,746,000
3,753,000
3,767,000
3,793,000
3,856,000
3,840,000
3,846,000
3,825,000
3,738,000
3,915,000
3,918,000
3,971,000
4,186,000
4,299,000
4,410,000
4,504,000
4,477,000
4,692,000
4,892,000
4,990,000
5,151,000
5,228,000
5,323,000
6,190,000
6,569,000
7,017,000
7,269,000
7,539,000
7,787,000
8,061,000
8,460,000
8,460,0008,061,0007,787,0007,539,0007,269,0007,017,0006,569,0006,190,0005,323,0005,228,0005,151,0004,990,0004,892,0004,692,0004,477,0004,504,0004,410,0004,299,0004,186,0003,971,0003,918,0003,915,0003,738,0003,825,0003,846,0003,840,0003,856,0003,793,0003,767,0003,753,0003,746,0003,715,0003,724,0003,726,0003,745,0003,817,0003,833,0003,698,0003,667,0003,726,0003,713,0003,696,0003,741,0003,758,0003,799,0003,824,0003,869,0003,932,0003,961,0003,939,0003,968,0004,002,0004,030,0004,017,0003,979,0003,764,0003,658,0003,363,0003,235,0003,069,0002,937,0002,779,0002,675,0002,578,0002,500,0002,444,0002,436,0002,396,0002,396,0002,368,0002,310,0002,218,0002,162,0002,081,0002,009,0001,873,0001,684,0001,571,000
       Goodwill 
0
0
0
11,000
0
0
0
2,000
0
0
0
2,000
0
0
0
11,000
0
0
0
11,000
0
0
0
11,000
0
0
0
11,000
0
0
0
11,000
0
0
0
11,000
0
0
0
11,000
0
0
0
11,000
0
0
0
11,000
0
0
0
11,000
0
0
0
24,000
0
0
0
16,000
0
0
0
120,000
0
0
0
362,000
0
0
0
400,000
0
0
508,000
496,000
502,000
505,000
505,000502,000496,000508,00000400,000000362,000000120,00000016,00000024,00000011,00000011,00000011,00000011,00000011,00000011,00000011,00000011,00000011,00000011,0000002,0000002,00000011,000000
       Long Term Investments 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
229,000
219,000
222,000
226,000
221,000
200,000
198,000
104,000
111,000
98,000
61,000
28,000
27,000
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
00000000000000000027,00028,00061,00098,000111,000104,000198,000200,000221,000226,000222,000219,000229,00000000000000000000000000000000000000000000000000
       Intangible Assets 
82,000
46,000
51,000
50,000
49,000
48,000
38,000
38,000
37,000
38,000
40,000
41,000
53,000
53,000
52,000
51,000
51,000
51,000
49,000
48,000
47,000
47,000
46,000
43,000
42,000
51,000
50,000
55,000
56,000
56,000
58,000
50,000
60,000
61,000
59,000
51,000
64,000
62,000
63,000
51,000
61,000
61,000
61,000
60,000
72,000
75,000
79,000
76,000
88,000
93,000
92,000
89,000
101,000
106,000
122,000
100,000
128,000
120,000
131,000
119,000
0
0
0
144,000
0
0
0
154,000
535,000
566,000
590,000
170,000
706,000
698,000
194,000
185,000
181,000
173,000
173,000181,000185,000194,000698,000706,000170,000590,000566,000535,000154,000000144,000000119,000131,000120,000128,000100,000122,000106,000101,00089,00092,00093,00088,00076,00079,00075,00072,00060,00061,00061,00061,00051,00063,00062,00064,00051,00059,00061,00060,00050,00058,00056,00056,00055,00050,00051,00042,00043,00046,00047,00047,00048,00049,00051,00051,00051,00052,00053,00053,00041,00040,00038,00037,00038,00038,00048,00049,00050,00051,00046,00082,000
       Long-term Assets Other 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
334,000
367,000
311,000
338,000
244,000
232,000
246,000
274,000
278,000
159,000
284,000
296,000
97,000
66,000
56,000
66,000
59,000
100,000
92,000
348,000
218,000
269,000
147,000
136,000
119,000
230,000
102,000
103,000
112,000
109,000
195,000
139,000
-2,000
355,000
114,000
125,000
162,000
241,000
258,000
102,000
83,000
86,000
127,000
101,000
84,000
91,000
102,000
96,000
209,000
238,000
150,000
258,000
215,000
223,000
233,000
1,000
-1,000
0
1,000
1,0000-1,0001,000233,000223,000215,000258,000150,000238,000209,00096,000102,00091,00084,000101,000127,00086,00083,000102,000258,000241,000162,000125,000114,000355,000-2,000139,000195,000109,000112,000103,000102,000230,000119,000136,000147,000269,000218,000348,00092,000100,00059,00066,00056,00066,00097,000296,000284,000159,000278,000274,000246,000232,000244,000338,000311,000367,000334,0000000000000000000000
> Total Liabilities 
2,415,000
2,397,000
2,634,000
2,217,000
2,796,000
2,913,000
2,576,000
2,243,000
2,560,000
2,452,000
2,392,000
2,444,000
2,930,000
3,277,000
3,067,000
2,541,000
2,751,000
3,057,000
3,112,000
3,478,000
3,483,000
3,856,000
3,891,000
4,238,000
4,265,000
4,364,000
4,430,000
4,805,000
5,010,000
4,743,000
5,089,000
4,807,000
4,600,000
4,089,000
4,205,000
4,116,000
3,780,000
4,371,000
4,201,000
3,835,000
4,324,000
4,157,000
3,753,000
3,689,000
3,735,000
3,793,000
3,366,000
3,688,000
3,338,000
3,179,000
3,190,000
3,455,000
3,371,000
3,601,000
3,917,000
3,594,000
3,628,000
3,939,000
3,912,000
3,872,000
3,742,000
3,202,000
3,257,000
3,886,000
5,039,000
4,826,000
5,234,000
5,432,000
6,732,000
7,652,000
7,526,000
6,590,000
8,112,000
7,490,000
8,313,000
7,520,000
8,761,000
8,848,000
8,848,0008,761,0007,520,0008,313,0007,490,0008,112,0006,590,0007,526,0007,652,0006,732,0005,432,0005,234,0004,826,0005,039,0003,886,0003,257,0003,202,0003,742,0003,872,0003,912,0003,939,0003,628,0003,594,0003,917,0003,601,0003,371,0003,455,0003,190,0003,179,0003,338,0003,688,0003,366,0003,793,0003,735,0003,689,0003,753,0004,157,0004,324,0003,835,0004,201,0004,371,0003,780,0004,116,0004,205,0004,089,0004,600,0004,807,0005,089,0004,743,0005,010,0004,805,0004,430,0004,364,0004,265,0004,238,0003,891,0003,856,0003,483,0003,478,0003,112,0003,057,0002,751,0002,541,0003,067,0003,277,0002,930,0002,444,0002,392,0002,452,0002,560,0002,243,0002,576,0002,913,0002,796,0002,217,0002,634,0002,397,0002,415,000
   > Total Current Liabilities 
1,986,000
1,386,000
1,532,000
1,339,000
1,481,000
1,802,000
1,623,000
1,375,000
1,646,000
1,554,000
1,471,000
1,447,000
1,468,000
2,010,000
1,548,000
1,247,000
1,421,000
1,522,000
1,511,000
1,513,000
1,606,000
1,719,000
1,602,000
1,918,000
2,022,000
2,014,000
2,065,000
2,479,000
2,585,000
2,229,000
2,748,000
2,402,000
2,314,000
1,913,000
2,042,000
2,120,000
1,791,000
2,322,000
2,446,000
2,144,000
2,110,000
1,974,000
1,862,000
1,810,000
2,167,000
2,224,000
1,810,000
2,124,000
1,774,000
1,711,000
1,719,000
1,949,000
1,878,000
2,140,000
2,598,000
2,248,000
2,089,000
2,396,000
2,347,000
2,311,000
2,194,000
1,658,000
1,717,000
2,247,000
3,178,000
2,957,000
3,298,000
3,345,000
4,645,000
5,090,000
4,962,000
3,916,000
4,432,000
3,964,000
4,754,000
3,389,000
4,592,000
4,130,000
4,130,0004,592,0003,389,0004,754,0003,964,0004,432,0003,916,0004,962,0005,090,0004,645,0003,345,0003,298,0002,957,0003,178,0002,247,0001,717,0001,658,0002,194,0002,311,0002,347,0002,396,0002,089,0002,248,0002,598,0002,140,0001,878,0001,949,0001,719,0001,711,0001,774,0002,124,0001,810,0002,224,0002,167,0001,810,0001,862,0001,974,0002,110,0002,144,0002,446,0002,322,0001,791,0002,120,0002,042,0001,913,0002,314,0002,402,0002,748,0002,229,0002,585,0002,479,0002,065,0002,014,0002,022,0001,918,0001,602,0001,719,0001,606,0001,513,0001,511,0001,522,0001,421,0001,247,0001,548,0002,010,0001,468,0001,447,0001,471,0001,554,0001,646,0001,375,0001,623,0001,802,0001,481,0001,339,0001,532,0001,386,0001,986,000
       Short-term Debt 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
445,000
307,000
249,000
303,000
299,000
244,000
413,000
562,000
463,000
524,000
458,000
667,000
357,000
391,000
268,000
218,000
171,000
109,000
194,000
631,000
622,000
504,000
486,000
484,000
438,000
691,000
665,000
366,000
354,000
113,000
148,000
152,000
163,000
167,000
154,000
310,000
291,000
339,000
300,000
162,000
242,000
213,000
201,000
220,000
256,000
609,000
583,000
603,000
379,000
533,000
687,000
635,000
651,000
518,000
726,000
0
0
0
0
0000726,000518,000651,000635,000687,000533,000379,000603,000583,000609,000256,000220,000201,000213,000242,000162,000300,000339,000291,000310,000154,000167,000163,000152,000148,000113,000354,000366,000665,000691,000438,000484,000486,000504,000622,000631,000194,000109,000171,000218,000268,000391,000357,000667,000458,000524,000463,000562,000413,000244,000299,000303,000249,000307,000445,0000000000000000000000
       Short Long Term Debt 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
1,473,000
1,228,000
1,169,000
152,000
161,000
167,000
154,000
310,000
288,000
298,000
257,000
106,000
140,000
0
0
125,000
142,000
493,000
473,000
513,000
268,000
410,000
564,000
0
541,000
0
549,000
615,000
382,000
580,000
519,000
519,000580,000382,000615,000549,0000541,0000564,000410,000268,000513,000473,000493,000142,000125,00000140,000106,000257,000298,000288,000310,000154,000167,000161,000152,0001,169,0001,228,0001,473,00000000000000000000000000000000000000000000000000
       Accounts payable 
1,002,000
1,133,000
1,155,000
989,000
1,149,000
1,360,000
1,262,000
683,000
1,082,000
1,175,000
1,052,000
767,000
1,196,000
1,548,000
1,102,000
496,000
968,000
1,020,000
1,143,000
980,000
1,158,000
1,322,000
1,242,000
1,547,000
1,641,000
1,496,000
1,395,000
1,278,000
1,881,000
1,628,000
1,906,000
1,925,000
1,789,000
1,587,000
1,763,000
1,875,000
1,625,000
2,077,000
1,693,000
1,388,000
1,416,000
1,370,000
1,302,000
787,000
1,406,000
1,392,000
1,303,000
1,030,000
1,501,000
1,471,000
1,417,000
1,163,000
1,597,000
1,795,000
2,056,000
1,033,000
1,589,000
1,889,000
1,951,000
1,403,000
1,714,000
1,301,000
1,430,000
1,228,000
2,338,000
2,222,000
2,457,000
1,829,000
3,590,000
3,559,000
3,207,000
2,021,000
3,565,000
2,878,000
3,199,000
1,728,000
3,535,000
3,163,000
3,163,0003,535,0001,728,0003,199,0002,878,0003,565,0002,021,0003,207,0003,559,0003,590,0001,829,0002,457,0002,222,0002,338,0001,228,0001,430,0001,301,0001,714,0001,403,0001,951,0001,889,0001,589,0001,033,0002,056,0001,795,0001,597,0001,163,0001,417,0001,471,0001,501,0001,030,0001,303,0001,392,0001,406,000787,0001,302,0001,370,0001,416,0001,388,0001,693,0002,077,0001,625,0001,875,0001,763,0001,587,0001,789,0001,925,0001,906,0001,628,0001,881,0001,278,0001,395,0001,496,0001,641,0001,547,0001,242,0001,322,0001,158,000980,0001,143,0001,020,000968,000496,0001,102,0001,548,0001,196,000767,0001,052,0001,175,0001,082,000683,0001,262,0001,360,0001,149,000989,0001,155,0001,133,0001,002,000
       Other Current Liabilities 
0
0
0
110,000
18,000
49,000
63,000
425,000
155,000
111,000
86,000
535,000
108,000
251,000
209,000
618,000
164,000
144,000
98,000
83,000
119,000
144,000
38,000
34,000
58,000
40,000
79,000
498,000
128,000
109,000
135,000
80,000
92,000
42,000
28,000
25,000
19,000
25,000
107,000
130,000
180,000
112,000
74,000
396,000
44,000
109,000
91,000
424,000
94,000
37,000
92,000
411,000
85,000
173,000
185,000
603,000
127,000
153,000
171,000
484,000
256,000
139,000
59,000
542,000
215,000
146,000
230,000
932,000
522,000
844,000
1,120,000
1,244,000
349,000
360,000
0
853,000
0
0
00853,0000360,000349,0001,244,0001,120,000844,000522,000932,000230,000146,000215,000542,00059,000139,000256,000484,000171,000153,000127,000603,000185,000173,00085,000411,00092,00037,00094,000424,00091,000109,00044,000396,00074,000112,000180,000130,000107,00025,00019,00025,00028,00042,00092,00080,000135,000109,000128,000498,00079,00040,00058,00034,00038,000144,000119,00083,00098,000144,000164,000618,000209,000251,000108,000535,00086,000111,000155,000425,00063,00049,00018,000110,000000
   > Long-term Liabilities 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
1,965,000
1,877,000
2,137,000
2,289,000
2,320,000
2,243,000
2,350,000
2,365,000
2,326,000
2,425,000
2,514,000
2,341,000
2,405,000
2,286,000
2,176,000
2,163,000
1,996,000
1,989,000
2,049,000
1,755,000
1,691,000
2,214,000
2,183,000
1,891,000
1,879,000
1,568,000
1,569,000
1,556,000
1,564,000
1,564,000
1,468,000
1,471,000
1,506,000
1,493,000
1,461,000
1,319,000
1,346,000
1,539,000
1,543,000
1,565,000
1,561,000
1,548,000
1,544,000
1,540,000
1,639,000
1,861,000
1,869,000
1,936,000
2,087,000
2,087,000
2,562,000
2,564,000
2,674,000
3,680,000
3,526,000
3,555,000
4,131,000
4,169,000
4,718,000
4,718,0004,169,0004,131,0003,555,0003,526,0003,680,0002,674,0002,564,0002,562,0002,087,0002,087,0001,936,0001,869,0001,861,0001,639,0001,540,0001,544,0001,548,0001,561,0001,565,0001,543,0001,539,0001,346,0001,319,0001,461,0001,493,0001,506,0001,471,0001,468,0001,564,0001,564,0001,556,0001,569,0001,568,0001,879,0001,891,0002,183,0002,214,0001,691,0001,755,0002,049,0001,989,0001,996,0002,163,0002,176,0002,286,0002,405,0002,341,0002,514,0002,425,0002,326,0002,365,0002,350,0002,243,0002,320,0002,289,0002,137,0001,877,0001,965,0000000000000000000000
       Long term Debt Total 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
1,378,000
1,380,000
1,882,000
1,898,000
1,964,000
2,965,000
2,809,000
2,841,000
0
0
0
0002,841,0002,809,0002,965,0001,964,0001,898,0001,882,0001,380,0001,378,0000000000000000000000000000000000000000000000000000000000000000000000
       Capital Lease Obligations Min Short Term Debt
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
-445,000
-307,000
-249,000
-303,000
-299,000
-244,000
-413,000
-562,000
-463,000
-524,000
-458,000
-667,000
-357,000
-391,000
-268,000
-218,000
-171,000
-109,000
-194,000
-631,000
-622,000
-504,000
-486,000
-484,000
-438,000
-691,000
-665,000
-366,000
-354,000
-113,000
-148,000
-152,000
-163,000
-167,000
-154,000
-310,000
-291,000
-339,000
-300,000
-162,000
177,000
-213,000
-201,000
170,000
147,000
-162,000
-155,000
-201,000
65,000
-74,000
-223,000
-635,000
-541,000
-518,000
155,000
937,000
967,000
1,050,000
1,045,000
1,045,0001,050,000967,000937,000155,000-518,000-541,000-635,000-223,000-74,00065,000-201,000-155,000-162,000147,000170,000-201,000-213,000177,000-162,000-300,000-339,000-291,000-310,000-154,000-167,000-163,000-152,000-148,000-113,000-354,000-366,000-665,000-691,000-438,000-484,000-486,000-504,000-622,000-631,000-194,000-109,000-171,000-218,000-268,000-391,000-357,000-667,000-458,000-524,000-463,000-562,000-413,000-244,000-299,000-303,000-249,000-307,000-445,0000000000000000000000
       Long-term Liabilities Other 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
12,000
17,000
18,000
19,000
21,000
20,000
21,000
22,000
22,000
20,000
18,000
44,000
46,000
46,000
49,000
43,000
25,000
26,000
27,000
41,000
35,000
34,000
34,00035,00041,00027,00026,00025,00043,00049,00046,00046,00044,00018,00020,00022,00022,00021,00020,00021,00019,00018,00017,00012,00000000000000000000000000000000000000000000000000000000000
> Total Stockholder Equity
1,091,000
1,215,000
1,323,000
1,605,000
1,599,000
1,819,000
1,934,000
2,089,000
1,953,000
2,181,000
2,328,000
2,423,000
2,310,000
2,503,000
2,496,000
2,171,000
2,220,000
2,134,000
2,221,000
2,210,000
2,279,000
2,163,000
2,321,000
2,414,000
2,542,000
2,508,000
2,466,000
2,453,000
2,501,000
2,381,000
2,533,000
2,562,000
2,562,000
2,541,000
2,742,000
2,908,000
2,924,000
2,769,000
2,751,000
2,641,000
2,806,000
2,728,000
2,846,000
3,084,000
3,074,000
3,280,000
3,508,000
3,733,000
3,964,000
3,875,000
4,120,000
4,338,000
4,670,000
4,315,000
4,492,000
4,628,000
4,933,000
4,635,000
4,881,000
5,919,000
6,085,000
5,916,000
6,311,000
5,925,000
5,615,000
6,039,000
6,523,000
6,981,000
7,003,000
7,657,000
7,743,000
8,322,000
7,561,000
7,774,000
8,087,000
8,463,000
7,667,000
7,527,000
7,527,0007,667,0008,463,0008,087,0007,774,0007,561,0008,322,0007,743,0007,657,0007,003,0006,981,0006,523,0006,039,0005,615,0005,925,0006,311,0005,916,0006,085,0005,919,0004,881,0004,635,0004,933,0004,628,0004,492,0004,315,0004,670,0004,338,0004,120,0003,875,0003,964,0003,733,0003,508,0003,280,0003,074,0003,084,0002,846,0002,728,0002,806,0002,641,0002,751,0002,769,0002,924,0002,908,0002,742,0002,541,0002,562,0002,562,0002,533,0002,381,0002,501,0002,453,0002,466,0002,508,0002,542,0002,414,0002,321,0002,163,0002,279,0002,210,0002,221,0002,134,0002,220,0002,171,0002,496,0002,503,0002,310,0002,423,0002,328,0002,181,0001,953,0002,089,0001,934,0001,819,0001,599,0001,605,0001,323,0001,215,0001,091,000
   Common Stock
40,000
40,000
40,000
40,000
40,000
40,000
40,000
40,000
40,000
40,000
40,000
40,000
40,000
40,000
40,000
40,000
40,000
40,000
40,000
40,000
40,000
40,000
40,000
40,000
40,000
40,000
40,000
40,000
40,000
40,000
40,000
40,000
40,000
40,000
40,000
40,000
40,000
40,000
40,000
40,000
40,000
40,000
40,000
40,000
40,000
40,000
40,000
40,000
40,000
40,000
40,000
40,000
40,000
40,000
40,000
40,000
40,000
40,000
40,000
40,000
40,000
40,000
40,000
40,000
40,000
40,000
40,000
40,000
40,000
40,000
40,000
40,000
40,000
40,000
40,000
0
0
0
00040,00040,00040,00040,00040,00040,00040,00040,00040,00040,00040,00040,00040,00040,00040,00040,00040,00040,00040,00040,00040,00040,00040,00040,00040,00040,00040,00040,00040,00040,00040,00040,00040,00040,00040,00040,00040,00040,00040,00040,00040,00040,00040,00040,00040,00040,00040,00040,00040,00040,00040,00040,00040,00040,00040,00040,00040,00040,00040,00040,00040,00040,00040,00040,00040,00040,00040,00040,00040,00040,00040,00040,00040,00040,00040,000
   Retained Earnings 
1,017,000
1,192,000
1,296,000
1,581,000
1,488,000
1,684,000
1,869,000
2,011,000
1,884,000
2,110,000
2,242,000
2,342,000
2,228,000
2,439,000
2,472,000
2,182,000
2,241,000
2,124,000
2,198,000
2,195,000
2,272,000
2,157,000
2,267,000
2,374,000
2,492,000
2,466,000
2,451,000
2,443,000
2,473,000
2,359,000
2,489,000
2,510,000
2,548,000
2,541,000
2,734,000
2,929,000
2,959,000
2,831,000
2,843,000
2,818,000
2,995,000
2,870,000
2,997,000
3,208,000
3,160,000
3,374,000
3,626,000
3,888,000
4,084,000
3,951,000
4,203,000
4,428,000
4,795,000
4,474,000
4,643,000
4,774,000
5,080,000
4,767,000
5,036,000
5,957,000
6,157,000
5,962,000
6,309,000
5,886,000
5,646,000
6,073,000
6,581,000
7,040,000
7,043,000
7,655,000
7,792,000
8,309,000
7,565,000
7,824,000
8,196,000
8,548,000
7,789,000
7,645,000
7,645,0007,789,0008,548,0008,196,0007,824,0007,565,0008,309,0007,792,0007,655,0007,043,0007,040,0006,581,0006,073,0005,646,0005,886,0006,309,0005,962,0006,157,0005,957,0005,036,0004,767,0005,080,0004,774,0004,643,0004,474,0004,795,0004,428,0004,203,0003,951,0004,084,0003,888,0003,626,0003,374,0003,160,0003,208,0002,997,0002,870,0002,995,0002,818,0002,843,0002,831,0002,959,0002,929,0002,734,0002,541,0002,548,0002,510,0002,489,0002,359,0002,473,0002,443,0002,451,0002,466,0002,492,0002,374,0002,267,0002,157,0002,272,0002,195,0002,198,0002,124,0002,241,0002,182,0002,472,0002,439,0002,228,0002,342,0002,242,0002,110,0001,884,0002,011,0001,869,0001,684,0001,488,0001,581,0001,296,0001,192,0001,017,000
   Capital Surplus 000000000000000000000000000000000000000000000000000000000000000000000000000000
   Treasury Stock0000000000000000000000-9,000-9,000-9,000-9,000-9,000-9,000-9,000-9,000-10,000-10,000-10,000-10,000-12,000-12,000-12,000-12,000-15,000-15,000-15,0000000000000000000000000000000000000000
   Other Stockholders Equity 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
2,170,000
2,239,000
2,123,000
2,281,000
2,374,000
2,502,000
2,468,000
-25,000
2,413,000
2,461,000
2,341,000
2,493,000
2,522,000
2,522,000
2,501,000
2,702,000
2,868,000
2,884,000
2,729,000
2,711,000
2,601,000
2,766,000
2,688,000
2,806,000
3,044,000
3,034,000
3,240,000
3,468,000
3,693,000
3,924,000
3,835,000
4,080,000
-130,000
4,630,000
-199,000
-191,000
-186,000
4,893,000
-172,000
-195,000
-78,000
-112,000
-86,000
-38,000
-1,000
-71,000
-74,000
-98,000
-99,000
-80,000
-38,000
-89,000
-27,000
-44,000
-90,000
-121,000
0
0
0
000-121,000-90,000-44,000-27,000-89,000-38,000-80,000-99,000-98,000-74,000-71,000-1,000-38,000-86,000-112,000-78,000-195,000-172,0004,893,000-186,000-191,000-199,0004,630,000-130,0004,080,0003,835,0003,924,0003,693,0003,468,0003,240,0003,034,0003,044,0002,806,0002,688,0002,766,0002,601,0002,711,0002,729,0002,884,0002,868,0002,702,0002,501,0002,522,0002,522,0002,493,0002,341,0002,461,0002,413,000-25,0002,468,0002,502,0002,374,0002,281,0002,123,0002,239,0002,170,0000000000000000000000



6.4. Balance Sheets

Currency in EUR. All numbers in thousands.




6.5. Cash Flows

Currency in EUR. All numbers in thousands.




6.6. Income Statements

Currency in EUR. All numbers in thousands.


6.7. Latest Income Statement

Income Statement (annual), 2023-12-31. Currency in EUR. All numbers in thousands.

Gross Profit (+$)
totalRevenue22,927,000
Cost of Revenue-19,963,000
Gross Profit2,964,0002,964,000
 
Operating Income (+$)
Gross Profit2,964,000
Operating Expense-20,865,000
Operating Income2,062,000-17,901,000
 
Operating Expense (+$)
Research Development0
Selling General Administrative48,000
Selling And Marketing Expenses0
Operating Expense20,865,00048,000
 
Net Interest Income (+$)
Interest Income45,000
Interest Expense-118,000
Other Finance Cost-3,000
Net Interest Income-76,000
 
Pretax Income (+$)
Operating Income2,062,000
Net Interest Income-76,000
Other Non-Operating Income Expenses0
Income Before Tax (EBT)1,596,0002,062,000
EBIT - interestExpense = -118,000
1,433,000
1,551,000
Interest Expense118,000
Earnings Before Interest and Taxes (EBIT)01,714,000
Earnings Before Interest and Taxes (EBITDA)0
 
After tax Income (+$)
Income Before Tax1,596,000
Tax Provision-160,000
Net Income From Continuing Ops1,436,0001,436,000
Net Income1,433,000
Net Income Applicable To Common Shares0
 
Non-recurring Events
Discontinued Operations0
Extraordinary Items0
Effect of Accounting Charges0
Other Items0
Non Recurring0
Other Operating Expenses0
Total Other Income/Expenses Net076,000
 

Technical Analysis of Neste
The psychology behind the price

Technical indicators reflecting market sentiment and the collective psychology of you and other traders. Your emotions and other traders' emotions, such as fear and greed, play a significant role in driving price movements.

General trend

First of all, I'm going to put something in the back of your mind. One of the most stable factors that gives you more confidence as a trader: the general trend of Neste. The general trend of Neste is BEARISH with 100.0% confidence. It is very important for your mental being to use each indicator with this in mind. But beware, also the general trend flips once in a while! You can use moving averages to determine Neste's overall trend. For convenience I use the most commonly used moving averages: 20, 50, 100 & 200. Of course you can use other moving averages or other indicators to determine the trend.

Indicator phases

Some of the indicators I use have 3 zones: overbought, oversold and neutral. Transitions between these zones (market phases) provide valuable trading signals and insights. Expecially with the general trend mind, I use the highlighted phases:

Indicator zone transitionsBullish trend (-100.0%) Bearish trend (100.0%)
Overbought to neutralBullish pullback=Bearish reversal
Upper to lower neutralBullish correction=Bearish continuation
Nuetral to oversoldOversold=Oversold
Oversold to neutralBullish reversal=Bearish correction
Lower to upper neutralBullish continuation=Bearish pullback
Nuetral to overboughtOverbought=Overbought

1. Price Targets

1.1 Support & Resistance

Support and resistance are levels on a price chart that act as barriers or zones where the price of an asset tends to stop, reverse, or experience a significant amount of buying or selling pressure.

Support is a price level at which demand for an asset is strong enough to prevent the price from falling further.
Resistance is a price level at which selling pressure becomes significant enough to prevent the price of an asset from rising further.


Score

Let's take a look at the Support & Resistance of Neste Oil Oyj.

The long score for the Support & Resistance is 0/1.
The longshort score for the Support & Resistance is 0/(-1 +1).

  • Between support/resistance: The price is trading between support and resistance lines.

The bullish price targets are: 17.42 < 21.38 < 21.96.

The bearish price targets are: .

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Neste Oil Oyj Daily Support & Resistance Chart

2. Trend Indicators

2.1 Moving Averages

Shows the moving average of the selected period.

  • Moving averages are lagging trend indicators.
  • There are many types of moving averages.
  • Moving averages are also used within other indicators.

Score

Let's take a look at the Moving Averages of Neste Oil Oyj. The current mas is .

The long score for the Moving Averages is 0/14.
The longshort score for the Moving Averages is -14/(-14 +14).

  • MA 20 trending down: The MA 20 is trending down. -1
  • Close < MA 20: The price is below the MA 20. -1
  • MA 20 < MA 50: The MA 20 is lower than the MA 50. -1
  • MA 20 < MA 100: The MA 20 is lower than the MA 100. -1
  • MA 20 < MA 200: The MA 20 is lower than the MA 200. -1
  • MA 50 trending down: The MA 50 is trending down. -1
  • Close < MA 50: The price is below the MA 50. -1
  • MA 50 < MA 100: The MA 50 is lower than the MA 100. -1
  • MA 50 < MA 200: The MA 50 is lower than the MA 200. -1
  • MA 100 trending down: The MA 100 is trending down. -1
  • Close < MA 100: The price is below the MA 100. -1
  • MA 100 < MA 200: The MA 100 is lower than the MA 200. -1
  • MA 200 trending down: The MA 200 is trending down. -1
  • Close < MA 200: The price is below the MA 200. -1

Directionalities and relatives.

Moving AverageAmount of candlesTrendPrice +/-vs. MA 50vs. MA 100vs. MA 200
MA 2020
MA 5050-
MA 100100--
MA 200200---

Explanation: https://www.youtube.com/watch?v=xwW8h0lrQ-I

Neste Oil Oyj Daily Moving Averages Chart
2.2 Moving Average Convergence/Divergence (MACD)

Shows the momentum of the selected period based on two moving averages.

  • MACD is a lagging momentum indicator.
  • Uses two moving averages.
  • Can show buy or sell signals based on momentum.
  • Can show overbought. and oversold. levels.

Score

Let's take a look at the Moving Average Convergence/Divergence (MACD) of Neste Oil Oyj. The current macd is -0.74938065.

The long score for the Moving Average Convergence/Divergence (MACD) is 0/4.
The longshort score for the Moving Average Convergence/Divergence (MACD) is -4/(-4 +4).

  • MACD line < signal line: The MACD line is below the signal line, which indicates a bearish signal in the market. This means that the negative momentum is currently stronger than the average momentum, suggesting that sellers are more active than buyers, and there's a higher probability of the Neste price going down in the near term. -2
  • MACD < 0: The MACD is below the zero line (centerline), it indicates a bearish signal for Neste. This means that the short-term moving average is lower than the long-term moving average, signaling negative momentum and suggesting a higher likelihood of the Neste price continuing to fall in the near future. It indicates that sellers are gaining control, and there is negativism in the market, leading to potential price decreases. -1
  • Trending down: The MACD line is trending down. This indicates that the short-term moving average is falling faster than the long-term moving average, suggesting negative momentum in the market. This signals that sellers are becoming more active and insecure, leading to potential price decreases as traders anticipate further losses and are willing to sell at lower prices. -1
Neste Oil Oyj Daily Moving Average Convergence/Divergence (MACD) ChartNeste Oil Oyj Daily Moving Average Convergence/Divergence (MACD) Chart
2.3 Directional Movement Index (DMI)

The DMI is a collection of 3 indicators: +DI (Plus Direction Indicator), -DI (Minus Direction Indicator) and ADX (Average Directional Index). The ADX helps you determine the strength of a trend.


Score

Let's take a look at the Directional Movement Index (DMI) of Neste Oil Oyj. The current adx is 34.98.

The long score for the Directional Movement Index (DMI) is 0/7.
The longshort score for the Directional Movement Index (DMI) is -4/(-7 +7).

  • PLUS_ID < MINUS_DI: The +DI line is below the -DI line. This indicates a bearish signal in the market, as the negative directional movement is currently stronger than the positive directional movement, showing that sellers have the upper hand. Market psychology suggests that traders are pessimistic, expecting further price decreases, and are more willing to sell Neste shares, leading to potential downward momentum in its price. -1
  • PLUS_ID < MINUS_DI && ADX > 25 && ADX trending up: The ADX is above 25 and indicates a strong bearish trend. The ADX is trending up, so the bearish trend is strengthening.
Neste Oil Oyj Daily Directional Movement Index (DMI) Chart
2.4 Parabolic SAR

Shows the current trend and potential entry and exit signals.

  • Parabolic SAR (stop and reverse) is a lagging trend indicator.
  • Shows the current trend.
  • Shows potential entry signals.
  • Shows  potential exit signals.
  • Can be used to place trailing stoplosses..

Score

Let's take a look at the Parabolic SAR of Neste Oil Oyj. The current sar is 14.62.

The long score for the Parabolic SAR is 0/1.
The longshort score for the Parabolic SAR is -1/(-1 +1).

  • Close < SAR: The price is below the SAR. It's generally considered a bearish signal. -1
Neste Oil Oyj Daily Parabolic SAR Chart
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3. Momentum Indicators

3.1 Relative Strength Index (RSI)

Measures the speed and change of price movements.

  • Leading momentum indicator, meaning the signals are instant.
  • Ranges between 0 and 100.
  • Above 70 is considered overbought.
  • Below 30 is considered oversold.
  • Above or below 50 can also be used to determine price trend or support and resistance.
  • RSI divergence looks at a deviation between RSI and price movement. Penketrading automatically calculates RSI divergences.
  • Can be used in many different ways

Score

Let's take a look at the Relative Strength Index (RSI) of Neste Oil Oyj. The current rsi is 25.51. The current phase is Oversold in bear market.

The long score for the Relative Strength Index (RSI) is 1/13.
The longshort score for the Relative Strength Index (RSI) is 0/(-13 +13).

  • Oversold in bear market: Short-term excessive selling, potential for relief rally. Be cautious, consider taking short-term long positions. +1
  • Trending down: The RSI is trending down. -1
Neste Oil Oyj Daily Relative Strength Index (RSI) ChartNeste Oil Oyj Daily Relative Strength Index (RSI) Chart
3.2 Stochastic Oscillator

Compares a certain price to multiple prices ranging over time.

  • Leading momentum indicator, meaning the signals are instant.
  • Used to determine overbought and oversold areas much like the RSI.
  • Ranges between 0 and 100.
  • Above 80 is considered overbought.
  • Below 20 is considered oversold.
  • Consists of two lines named K and D.
  • K compares the highest high and lowest low on the selected price range.
  • The D line is a moving average of the K line.
  • Can be used to spot divergences

Score

Let's take a look at the Stochastic Oscillator of Neste Oil Oyj. The current phase is Oversold in bear market.

The long score for the Stochastic Oscillator is 3/6.
The longshort score for the Stochastic Oscillator is 0/(-6 +6).

  • STOCH < 50: The STOCH %K is below 50. There are more sellers than buyers. -1
  • STOCH < 20: The STOCH %K is below 20 and oversold. -2
  • STOCH %K line > STOCH %D line: The STOCH %K line is above the STOCH %D line, which indicates a bullish signal in the market. This means that the positive momentum is currently stronger than the average momentum, suggesting that buyers are more active than sellers, and there's a higher probability of the Neste price going up in the near term. +2
  • Trending up: The STOCH %K is trending up. +1
Neste Oil Oyj Daily Stochastic Oscillator ChartNeste Oil Oyj Daily Stochastic Oscillator Chart
3.3 Commodity Channel Index (CCI)

Measures the difference between the current price and the historical average price.

  • Lagging or leading Momentum indicator
  • When the CCI is above zero, the price is above the historical average
  • When the CCI is below zero, the price is below the historical average
  • Used for spotting trends
    • If the CCI moves from negative or near zero to positive 100 that might indicate an uptrend
    • If the CCI moves from positive or near zero to negative -100 that might indicate a downtrend

Score

Let's take a look at the Commodity Channel Index (CCI) of Neste Oil Oyj. The current cci is -170.77209687.

The long score for the Commodity Channel Index (CCI) is 0/1.
The longshort score for the Commodity Channel Index (CCI) is -1/(-1 +1).

  • CCI < -100: The CCI is below -100, it indicates that the price is significantly below its average, suggesting a potential oversold condition. -1
Neste Oil Oyj Daily Commodity Channel Index (CCI) ChartNeste Oil Oyj Daily Commodity Channel Index (CCI) Chart
3.4 Chande Momentum Oscillator (CMO)

Measures the difference between the sum of recent gains and the sum of recent losses. Then divides the result by the sum of all price movements in that period.

  • Lagging momentum indicator
  • Ranges between +100 and -100
  • Considered overbought above +50
  • Considered oversold below -50
  • It's possible to add a moving average that acts as a signal line

Score

Let's take a look at the Chande Momentum Oscillator (CMO) of Neste Oil Oyj. The current cmo is -60.40710173.

The long score for the Chande Momentum Oscillator (CMO) is 0/1.
The longshort score for the Chande Momentum Oscillator (CMO) is -1/(-1 +1).

  • CMO < 0: The CMO is below 0, the momentum of the price is negative, indicating a potential downtrend in the price. -1
Neste Oil Oyj Daily Chande Momentum Oscillator (CMO) ChartNeste Oil Oyj Daily Chande Momentum Oscillator (CMO) Chart
3.5 Williams %R

 Shows the current price relative to the highest high over the last 14 days.
 

  • Lagging momentum indicator
  • Ranging between 0 and -100
  • Above -20 is considered overbought
  • Below -80 is considered oversold
  • Is prone to give false signals

Score

Let's take a look at the Williams %R of Neste Oil Oyj. The current willr is -87.88343558.

The long score for the Williams %R is 0/1.
The longshort score for the Williams %R is -1/(-1 +1).

  • WILLR < -80: The Williams %R is below -80. This indicates that the price is in oversold territory, suggesting a potential price correction or trend reversal to the upside. -1
Neste Oil Oyj Daily Williams %R ChartNeste Oil Oyj Daily Williams %R Chart
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4. Volatility Indicators

4.1 Bollinger Bands

Shows if the price is to high or to low relative to an average.

  • Lagging volatility indicator
  • Uses 3 bands: one upper, one lower and one in the middle
  • Works best when the middle band reflects an intermediate trend (MA20).
  • When the price is moving closer to the upper band, the market might be overbought
  • When the price is moving closer to the lower band, the market might be oversold 

Score

Let's take a look at the Bollinger Bands of Neste Oil Oyj.

Neste Oil Oyj Daily Bollinger Bands Chart
4.2 Average True Range (ATR)
Measures market volatility
  • Leading volatility indicator
  • Can be used to determine stop-loss positions
  • Calculated by:
    • Current high minus the current low
    • Current high minus the previous close
    • Current low minus the previous close
  • The larger the range of the candles, the greater the ATR value

Score

Let's take a look at the Average True Range (ATR) of Neste Oil Oyj. The current atr is 0.62338569.

Neste Oil Oyj Daily Average True Range (ATR) ChartNeste Oil Oyj Daily Average True Range (ATR) Chart
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5. Volume Indicators

5.1 On-Balance Volume (OBV)

 Measures market volatility

  • Leading momentum indicator
  • Calculation:
    • If the closing price is above the previous closing price: OBV = previous OBV + current volume
    • If the closing price is below the previous closing price: OBV = previous OBV - current volume
    • If the closing price is the same as the previous closing price than the OBV is the same.
  • Can be used to confirm price trends
  • Can be used with divergences

Score

Let's take a look at the On-Balance Volume (OBV) of Neste Oil Oyj. The current obv is -56,368,633.

Neste Oil Oyj Daily On-Balance Volume (OBV) ChartNeste Oil Oyj Daily On-Balance Volume (OBV) Chart
5.2 Money Flow Index (MFI)

Measures the flow of money in and out of a security

  • Lagging momentum indicator
  • Looks like RSI but uses volume as an extra metric (RSI only considers price)
  • Above 80 is considered overbought
  • Below 20 is considered oversold
  • Can be used with divergences

Score

Let's take a look at the Money Flow Index (MFI) of Neste Oil Oyj. The current mfi is 17.21.

The long score for the Money Flow Index (MFI) is 0/2.
The longshort score for the Money Flow Index (MFI) is -2/(-2 +2).

  • MFI < 50: -1
  • MFI < 20: -1
Neste Oil Oyj Daily Money Flow Index (MFI) ChartNeste Oil Oyj Daily Money Flow Index (MFI) Chart
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6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for Neste Oil Oyj.

6.2. Trading Signals

Below you will find trading signals as the indicator is commonly used. This doesn't mean you should use it that way. Learn from these, but don't use them blindly. I recommend using at least 4 indicators, 1 from each category: trend, momentum, volatility and volume.

DateIndicatorSignal
2024-06-20STOCH SHORT EXITThe %K line crosses above the %D line.
2024-06-24STOCH LONG EXITThe %K line crosses below the %D line.
2024-06-27MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
2024-07-01SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
RSI LONG ENTRY SHORT CLOSE30 crossover to upside
STOCH SHORT EXITThe %K line crosses above the %D line.
2024-07-02ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-07-03CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-07-04WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-07-08STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-07-10SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-07-11CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-07-12STOCH SHORT EXITThe %K line crosses above the %D line.
2024-07-17SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
2024-07-18DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-07-19DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
STOCH LONG EXITThe %K line crosses below the %D line.
2024-07-23CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-07-24STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-07-25WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-07-26CCI LONG ENTRY SHORT CLOSE100 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-07-29STOCH LONG EXITThe %K line crosses below the %D line.
2024-07-31WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-08-05CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-08-06STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-08-08DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
2024-08-12STOCH LONG EXITThe %K line crosses below the %D line.
2024-08-13STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-08-15STOCH LONG EXITThe %K line crosses below the %D line.
2024-08-16STOCH SHORT EXITThe %K line crosses above the %D line.
2024-08-20STOCH LONG EXITThe %K line crosses below the %D line.
2024-08-23STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2024-08-26STOCH LONG EXITThe %K line crosses below the %D line.
2024-08-27CCI LONG ENTRY SHORT CLOSE100 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-08-28STOCH SHORT EXITThe %K line crosses above the %D line.
2024-08-29ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-08-30RSI SHORT ENTRY LONG CLOSE70 crossover to downside
STOCH LONG EXITThe %K line crosses below the %D line.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-09-02SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
2024-09-04MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-09-06STOCH SHORT EXITThe %K line crosses above the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-09-09STOCH LONG EXITThe %K line crosses below the %D line.
2024-09-11STOCH SHORT EXITThe %K line crosses above the %D line.
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-09-12STOCH LONG EXITThe %K line crosses below the %D line.
2024-09-13STOCH SHORT EXITThe %K line crosses above the %D line.
2024-09-16RSI LONG ENTRY SHORT CLOSE30 crossover to upside
2024-09-18MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2024-09-19SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2024-09-23STOCH LONG EXITThe %K line crosses below the %D line.
2024-09-24STOCH SHORT EXITThe %K line crosses above the %D line.
2024-09-27MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-10-01CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-10-02CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-10-04CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2024-10-08STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-10-09SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
2024-10-10STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-10-11CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-10-15STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-10-16WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-10-17MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
2024-10-18STOCH SHORT EXITThe %K line crosses above the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-10-21STOCH LONG EXITThe %K line crosses below the %D line.
2024-10-22STOCH SHORT EXITThe %K line crosses above the %D line.
MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2024-10-23STOCH LONG EXITThe %K line crosses below the %D line.
MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2024-10-24BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2024-10-25RSI LONG ENTRY SHORT CLOSE30 crossover to upside
STOCH SHORT EXITThe %K line crosses above the %D line.
2024-10-29MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2024-10-30STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-10-31CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2024-11-01ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-11-04STOCH SHORT EXITThe %K line crosses above the %D line.
2024-11-06BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).

6.3. Candlestick Patterns

Neste Oil Oyj Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

Let's check the technical score of Neste Oil Oyj based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5025.508
Ma 20Greater thanMa 5015.193
Ma 50Greater thanMa 10016.292
Ma 100Greater thanMa 20016.889
OpenGreater thanClose13.800
Total1/5 (20.0%)
Penke
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