Think of Enterprise Value as the theoretical takeover price. It is more comprehensive than market capitalization (Market Cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.
EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Neste OYJ's Enterprise Value is €20,013 Mil.
Neste OYJ's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 was €1,641 Mil. Therefore, Neste OYJ's EV-to-EBIT ratio for today is 12.20.
EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, Neste OYJ's Enterprise Value is €20,013 Mil.
Neste OYJ's EBITDA for the trailing twelve months (TTM) ended in Mar. 2024 was €1,641 Mil. Therefore, Neste OYJ's EV-to-EBITDA ratio for today is 12.20.
EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, Neste OYJ's Enterprise Value is €20,013 Mil.
Neste OYJ's Revenue for the trailing twelve months (TTM) ended in Mar. 2024 was €22,429 Mil. Therefore, Neste OYJ's EV-to-Revenue ratio for today is 0.89.
Neste OYJ Enterprise Value Historical Data
The historical data trend for Neste OYJ's Enterprise Value can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Competitive Comparison of Neste OYJ's Enterprise Value
For the Oil & Gas Refining & Marketing subindustry, Neste OYJ's Enterprise Value, along with its competitors' market caps and Enterprise Value data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Neste OYJ's Enterprise Value Distribution in the Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Neste OYJ's Enterprise Value distribution charts can be found below:
* The bar in red indicates where Neste OYJ's Enterprise Value falls into.
Neste OYJ Enterprise Value Calculation
Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.
Neste OYJ's Enterprise Value for the fiscal year that ended in Dec. 2023 is calculated as
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Neste OYJ (OHEL:NESTE) Enterprise Value Explanation
When an investor buy a company, the investor needs to pay not only the common shares, he/she also needs to pay the shareholders of Preferred Stocks. He also assumes the debt of the company, and receives the cash on the company's balance sheet.
If a company has more cash than debt, the investor actually pays less than the Market Cap because he immediately owns the cash once the transaction goes through.
The market value of Preferred Stock needs to be added to the market value of common stocks in the calculation of Enterprise Value.
For the companies with the same Market Cap, the smaller the Enterprise Value is, the cheaper the company is.
Enterprise Value can be negative when the company's net cash is more than its Market Cap. In this case the investor is basically getting the company for free and get paid for that.
1. EV-to-EBIT is calculated as Enterprise Value divided by its EBIT.
Neste OYJ's current Enterprise Value is €20,013 Mil.
Neste OYJ's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was €1,641 Mil.
2. EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA.
Neste OYJ's current Enterprise Value is €20,013 Mil.
Neste OYJ's EBITDA for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was €1,641 Mil.
Neste OYJ's current Enterprise Value is €20,013 Mil.
Neste OYJ's Revenue for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was €22,429 Mil.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Neste OYJ Enterprise Value Related Terms
Thank you for viewing the detailed overview of Neste OYJ's Enterprise Value provided by GuruFocus.com. Please click on the following links to see related term pages.
Neste OYJ Formerly Neste Corp. offers renewable products and solutions and oil products to a host of global markets. Its business is divided into various segments, including oil products, renewable products, marketing and services and others. Oil products is the largest contributor of revenue; it caters to oil companies and businesses that market oil, lubricants, and fuel products. Neste's oil products business includes diesel fuels, gasoline, aviation and marine fuels, and light and heavy fuel oils. Neste is heavily involved in the Baltic region with its network of service stations and refineries.
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