- Neste’s first-quarter adjusted EBITDA was reported at €210 million, falling short of the estimated €226.1 million.
- The company’s revenue came in at €5.02 billion, slightly below the expected €5.07 billion.
- In the renewable products segment, the comparable sales margin per ton was $310.
- Neste’s renewable products segment reported an adjusted EBITDA of €72 million, surpassing the estimate of €41.9 million.
- The oil products segment had an adjusted EBITDA of €120 million, which did not meet the anticipated €154.9 million.
- Analyst recommendations for Neste include 11 buy, 14 hold, and 2 sell ratings.
A look at Neste Oyj Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 5 | |
| Dividend | 3 | |
| Growth | 3 | |
| Resilience | 3 | |
| Momentum | 2 | |
| OVERALL SMART SCORE | 3.2 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Analysts using Smartkarma Smart Scores have evaluated Neste Oyj‘s long-term outlook based on key factors. With a top score of 5 for value, the company seems to offer solid investment potential. Although its dividend, growth, resilience, and momentum scores are slightly lower, at 3 for dividend and 3 for both growth and resilience, and 2 for momentum, Neste Oyj still maintains a positive overall stance. Neste Oyj, an independent northern European oil refining and marketing company, prioritizes producing high-quality traffic fuels with a reduced environmental impact, emphasizing sustainability.
Investors considering Neste Oyj might find reassurance in its high value score, suggesting that the company could be undervalued in the market. Despite moderate scores in other areas like dividend, growth, resilience, and momentum, the company’s overarching outlook remains promising. As an organization committed to providing environmentally friendly petroleum products, Neste Oyj aligns with the growing global focus on sustainability in the energy sector.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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