Neste Oyj (NEF) - Net Assets
Based on the latest financial reports, Neste Oyj (NEF) has net assets worth €7.18 Billion EUR as of June 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€15.51 Billion) and total liabilities (€8.33 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | €7.18 Billion |
| % of Total Assets | 46.3% |
| Annual Growth Rate | 8.83% |
| 5-Year Change | 25.1% |
| 10-Year Change | 138.95% |
| Growth Volatility | 12.44 |
Neste Oyj - Net Assets Trend (2013–2024)
This chart illustrates how Neste Oyj's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Neste Oyj (2013–2024)
The table below shows the annual net assets of Neste Oyj from 2013 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | €7.42 Billion | -12.36% |
| 2023-12-31 | €8.46 Billion | +1.63% |
| 2022-12-31 | €8.33 Billion | +19.21% |
| 2021-12-31 | €6.99 Billion | +17.81% |
| 2020-12-31 | €5.93 Billion | +0.14% |
| 2019-12-31 | €5.92 Billion | +27.88% |
| 2018-12-31 | €4.63 Billion | +6.73% |
| 2017-12-31 | €4.34 Billion | +15.53% |
| 2016-12-31 | €3.75 Billion | +20.97% |
| 2015-12-31 | €3.10 Billion | +16.74% |
| 2014-12-31 | €2.66 Billion | -9.06% |
| 2013-12-31 | €2.92 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Neste Oyj's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 157.3% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | €7.54 Billion | 101.60% |
| Total Equity | €7.42 Billion | 100.00% |
Neste Oyj Competitors by Market Cap
The table below lists competitors of Neste Oyj ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Fresenius Medical Care Corporation
NYSE:FMS
|
$13.08 Billion |
|
Coeur Mining Inc
NYSE:CDE
|
$13.09 Billion |
|
TCL Corp
SHE:000100
|
$13.09 Billion |
|
Hecla Mining Company
NYSE:HL
|
$13.10 Billion |
|
First Financial Holding Co Ltd
TW:2892
|
$13.05 Billion |
|
CNA Financial Corporation
NYSE:CNA
|
$13.05 Billion |
|
Scentre Group
AU:SCG
|
$13.05 Billion |
|
Ipsen S.A
F:I7G
|
$13.04 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Neste Oyj's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 8,463,000,000 to 7,417,000,000, a change of -1,046,000,000 (-12.4%).
- Net loss of 95,000,000 reduced equity.
- Dividend payments of 922,000,000 reduced retained earnings.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €-95.00 Million | -1.28% |
| Dividends Paid | €922.00 Million | -12.43% |
| Other Changes | €-29.00 Million | -0.39% |
| Total Change | €- | -12.36% |
Book Value vs Market Value Analysis
This analysis compares Neste Oyj's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 2.41x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 4.12x to 2.41x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | €5.65 | €23.31 | x |
| 2018-12-31 | €6.03 | €23.31 | x |
| 2019-12-31 | €7.71 | €23.31 | x |
| 2020-12-31 | €7.72 | €23.31 | x |
| 2021-12-31 | €9.09 | €23.31 | x |
| 2022-12-31 | €10.83 | €23.31 | x |
| 2023-12-31 | €11.02 | €23.31 | x |
| 2024-12-31 | €9.65 | €23.31 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Neste Oyj utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -1.28%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -0.46%
- • Asset Turnover: 1.32x
- • Equity Multiplier: 2.10x
- Recent ROE (-1.28%) is below the historical average (17.26%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2013 | 17.98% | 3.36% | 2.21x | 2.42x | €232.20 Million |
| 2014 | 2.16% | 0.44% | 2.01x | 2.46x | €-207.10 Million |
| 2015 | 18.09% | 6.15% | 1.34x | 2.20x | €249.60 Million |
| 2016 | 25.15% | 8.03% | 1.57x | 1.99x | €565.70 Million |
| 2017 | 21.00% | 6.89% | 1.70x | 1.80x | €477.20 Million |
| 2018 | 16.81% | 5.21% | 1.81x | 1.78x | €315.20 Million |
| 2019 | 30.21% | 11.29% | 1.62x | 1.65x | €1.20 Billion |
| 2020 | 12.02% | 6.06% | 1.20x | 1.66x | €119.50 Million |
| 2021 | 25.37% | 11.69% | 1.22x | 1.78x | €1.07 Billion |
| 2022 | 22.69% | 7.34% | 1.72x | 1.79x | €1.06 Billion |
| 2023 | 16.93% | 6.25% | 1.43x | 1.89x | €586.70 Million |
| 2024 | -1.28% | -0.46% | 1.32x | 2.10x | €-836.70 Million |
Industry Comparison
This section compares Neste Oyj's net assets metrics with peer companies in the Oil & Gas Refining & Marketing industry.
Industry Context
- Industry: Oil & Gas Refining & Marketing
- Average net assets among peers: $493,356,255,657
- Average return on equity (ROE) among peers: 11.38%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Neste Oyj (NEF) | €7.18 Billion | 17.98% | 1.16x | $13.06 Billion |
| BANGCHAK CORP. -FGN- BA 1 (7BP) | $83.38 Billion | 15.08% | 1.91x | $106.39 |
| PTT OIL+RET.BUS.-FOR-BA10 (7F8) | $103.76 Billion | 9.99% | 1.17x | $33.90 |
| PTT OIL+RET.BUS.-NVDR- 10 (7F80) | $113.82 Billion | 9.93% | 0.74x | $3.60 Billion |
| ABP NOCIVELLI O.N. (9UZ) | $62.83 Million | 16.86% | 0.28x | $197.02 Million |
| RUBIS (BYN) | $2.76 Billion | 12.80% | 1.30x | $3.64 Billion |
| Ampol Limited (CLZ) | $3.35 Billion | 16.73% | 1.65x | $4.84 Billion |
| Kunlun Energy Company Limited (CTJ1) | $59.37 Billion | 0.99% | 1.09x | $7.04 Billion |
| Delek US Holdings Inc (DEH) | $1.96 Billion | 14.70% | 2.02x | $2.22 Billion |
| Idemitsu Kosan Co.,Ltd. (I7B0) | $1.81 Trillion | 12.61% | 1.77x | $7.78 Billion |
| ENEOS Holdings Inc (JHJ) | $2.75 Trillion | 4.14% | 1.93x | $21.86 Billion |
About Neste Oyj
Neste Oyj, together with its subsidiaries, provides renewable diesel and sustainable aviation fuel in Finland, other Nordic countries, Baltic Rim, other European countries, the United States, and internationally. It operates through Renewable Products, Oil Products, Marketing & Services, and Others segments. The company produces, markets, and sells renewable diesel, sustainable aviation fuel, and… Read more