Added to YB: 2024-08-07
Pitch date: 2024-08-05
NESTE.HE [bullish]
Neste Oyj
+9.32%
current return
Author Info
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Company Info
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.
Market Cap
EUR 14.2B
Pitch Price
EUR 16.75
Price Target
30.00 (+64%)
Dividend
6.49%
EV/EBITDA
8.59
P/E
14.86
EV/Sales
0.84
Sector
Oil, Gas and Consumable Fuels
Category
dividend
Recent Stock Investment - Neste Oyj
NESTE: World's largest renewable diesel/SAF producer. 14B market cap, 17.9% ROE, 23.9% ROACE, 22% D/E. Strong govt ownership. 6.4% div yield, growing policy. Stock down 72% since Jan 2021. Expect further drop to 13-15€, then rebound to 30€+ long-term. SAF demand rising, NESTE supplying major airports globally.
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