NESTE Competitors

NEFA Stock

EUR 5.40 0.00 0.00%

NESTE OYJ UNSPADR competes with Reliance Industries, Marathon Petroleum, Valero Energy, Polski Koncern, and PTT OIL+RETBUS-FOR-B; as well as few others. The company operates under Energy sector and is part of Oil & Gas Refining & Marketing industry. Analyzing NESTE OYJ competition allows you to expand the diversification possibilities of your existing portfolios and to get a better perspective on locking in new positions. Investors sometimes prefer comparable analysis of NESTE OYJ to its intrinsic valuation because they are able to contrast its competitors on a relative basis. Check out NESTE OYJ Correlation with its peers.

You can use the Comparative Equity Analysis module to analyze the advantages of investing in your portfolio's related equities across multiple sectors and thematic ideas. Please use the input box below to enter symbols for particular investments you would like to analyze. With the equity comparison module, you can estimate the relative effect of NESTE OYJ competition on your existing holdings.

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Hype

Prediction

Low	Estimated	High
2.61	5.40	8.19

Details

Intrinsic

Valuation

Low	Real	High
2.44	5.23	8.02

Details

Please note, it is not enough to conduct a financial or market analysis of a single entity such as NESTE OYJ. Your research has to be compared to or analyzed against NESTE OYJ's peers to derive any actionable benefits. When done correctly, NESTE OYJ's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in NESTE OYJ UNSPADR.

NESTE OYJ Competition Correlation Matrix

Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between NESTE OYJ and its competitors represents the degree of relationship between the price movements of corresponding stocks. A correlation of about +1.0 implies that the price of NESTE and its corresponding peer move in tandem. A correlation of -1.0 means that prices move in opposite directions. A correlation of close to zero suggests that the price movements of assets are uncorrelated; in other words, the historical price movement of NESTE OYJ UNSPADR does not affect the price movement of the other competitor.

	RLI	MPN	V1L	NEFA	PKY1	7F8
RLI		0.34	-0.2	0.76	0.82	0.83	RLI
MPN	0.34		0.77	0.52	0.58	0.35	MPN
V1L	-0.2	0.77		0.01	0.06	-0.22	V1L
NEFA	0.76	0.52	0.01		0.86	0.92	NEFA
PKY1	0.82	0.58	0.06	0.86		0.85	PKY1
7F8	0.83	0.35	-0.22	0.92	0.85		7F8
	RLI	MPN	V1L	NEFA	PKY1	7F8

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High positive correlations

7F8	+ 0.92	NEFA
PKY1	+ 0.86	NEFA
7F8	+ 0.85	PKY1
7F8	+ 0.83	RLI
PKY1	+ 0.82	RLI
V1L	+ 0.77	MPN

High negative correlations

7F8	- 0.22	V1L
V1L	- 0.2	RLI

Risk-Adjusted Indicators

There is a big difference between NESTE Stock performing well and NESTE OYJ Company doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze NESTE OYJ's multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.

	Mean Deviation	Jensen Alpha	Treynor Ratio	Potential Upside	Value @Risk	Maximum Drawdown
RLI	1.21	(0.24)	0.74	1.92	(2.44)	6.60
MPN	1.54	(0.20)	(28.68)	3.83	(3.77)	13.10
V1L	1.52	(0.08)	7.20	3.72	(3.28)	10.28
NEFA	2.17	(0.52)	1.80	3.07	(5.45)	14.10
PKY1	1.58	(0.28)	(1.28)	4.06	(3.39)	10.77
7F8	1.67	(0.42)	(2.95)	2.86	(2.94)	9.71

Unable to evaluate fundamental data of [RLI.F, MPN.F, V1L.F, NEFA.F, PKY1.F, 7F8.F] at this time. Please try again later

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NESTE OYJ Competitive Analysis

The better you understand NESTE OYJ competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, NESTE OYJ's competitive analysis can cover a whole range of metrics. Some of these will be more critical depending on who you are as an investor and how you react to market volatility. However, if you are locking your investment sandscape to a long-term horizon, comparing the fundamental indicator across NESTE OYJ's competition over several years is one of the best ways to analyze its investment potential.

Better Than Average

Worse Than Peers

View Performance Chart

	NEFA	RLI	MPN	V1L	PKY1	7F8
	0.00 5.40 NESTE	0.00 54.00 Reliance	0.00 127.38 Marathon	0.00 111.78 Valero	0.73 10.82 Polski	0.00 0.34 PTT
Market Volatility (90 Days Market Risk)	Slightly risky	Very steady	Very steady	Very steady	Not too volatile	Abnormally volatile
Market Performance (90 Days Performance)	Very Weak	Very Weak	Very Weak	Very Weak	Very Weak	Very Weak
Odds of Financial Distress (Probability Of Bankruptcy)	Low	Low	Low	Low	Low	Low
Current Valuation (Equity Enterprise Value)	Fairly Valued	Over Valued	Over Valued	Under Valued	Fairly Valued	Over Valued
Buy or Sell Advice (Average Analysts Consensus)	Not Available	Not Available	Not Available	Not Available	Not Available	Not Available
Trade Advice (90 Days Macroaxis Advice)	Strong Sell	Strong Sell	Cautious Hold	Strong Buy	Hold	Strong Sell
Current Ratio	1.81 X	0.73 X	1.98 X	1.42 X	1.66 X	2.74 X
Net Asset	N/A	15 T	85.37 B	57.89 B	106.75 B	N/A
Profit Margin	0.08 %	0.09 %	0.08 %	0.07 %	0.13 %	0.02 %
EBITDA	2.8 B	1.28 T	19.75 B	15.87 B	19.52 B	18.96 B
Operating Margin	0.10 %	0.11 %	0.11 %	0.09 %	N/A	0.02 %
Current Valuation	N/A	223.02 B	65.23 B	51.01 B	17.1 B	N/A
Price To Book	N/A	2.18 X	1.93 X	2.10 X	0.84 X	N/A
Five Year Return	N/A	N/A	3.77 %	2.90 %	2.80 %	N/A
Beta	0.94	0.96	1.6	1.63	0.8	N/A
Number Of Employees	5.43 K	236.33 K	17.8 K	19.43 K	43	N/A
Shares Outstanding	1.54 B	3.38 B	445.55 M	371.15 M	1.16 B	N/A
Cash Flow From Operations	2.22 B	1.11 T	4.36 B	661 M	13.29 B	14.87 B
Annual Yield	0.02 %	0 %	0.02 %	0.03 %	0.05 %	0.02 %
Total Debt	1.82 B	1.88 T	24.97 B	10.84 B	13.74 B	48.75 B
Return On Equity	0.26	0.0775	0.47	0.52	0.37	0.13
Z Score	10.2	N/A	3.2	5.4	1.6	N/A
Return On Asset	0.11	0.031	0.14	0.17	0.11	0.0484
Book Value Per Share	5.04 X	2,264 X	61.05 X	63.31 X	25.76 X	8.77 X
Total Asset	N/A	15 T	85.37 B	57.89 B	106.75 B	N/A
Debt To Equity	0.30 %	72.70 %	0.81 %	49.60 %	33.20 %	0.50 %
Last Dividend Paid	0.82	N/A	2.66	3.92	N/A	0.54
Target Price	N/A	N/A	69.94	84.18	N/A	N/A
Shares Owned By Institutions	0.02 %	1.10 %	80.36 %	83.04 %	15.25 %	1.15 %
Market Capitalization	32.73 B	179.3 B	53.46 B	46.5 B	16.27 B	7.89 B
Price To Earning	40.86 X	15.39 X	4.69 X	11.29 X	4.72 X	29.23 X
Price To Earnings To Growth	N/A	N/A	0.18 X	0.21 X	N/A	N/A
Price To Sales	N/A	2.04 X	0.28 X	0.26 X	0.16 X	N/A
Net Income	1.16 B	607.05 B	14.52 B	11.53 B	11.12 B	13.6 B
Earnings Per Share	1.18 X	2.12 X	26.37 X	27.91 X	8.50 X	0.03 X
Shares Owned By Insiders	N/A	N/A	0.35 %	0.55 %	16.80 %	N/A
Revenue	22.6 B	7 T	178.24 B	176.38 B	131.34 B	741.36 B
Cash And Equivalents	1.32 B	10.77 B	17.26 B	2.03 B	1.67 B	64.3 B
Cash Per Share	0.86 X	3.63 X	27.04 X	4.91 X	3.91 X	5.36 X
Gross Profit	3.28 B	1.72 T	26.57 B	19.22 B	52.05 B	36.21 B
Day Typical Price	5.4	54.0	127.38	111.78	10.96	0.34
Accumulation Distribution	N/A	N/A	N/A	N/A	0.0383	N/A
Market Facilitation Index	N/A	N/A	N/A	N/A	0.43	N/A
Daily Balance Of Power	0.0	0.0	0.0	0.0	(0.19)	0.0
Period Momentum Indicator	N/A	N/A	N/A	N/A	(0.08)	N/A
Rate Of Daily Change	1.0	1.0	1.0	1.0	0.99	1.0
Day Median Price	5.4	54.0	127.38	111.78	11.03	0.34
Price Action Indicator	N/A	N/A	N/A	N/A	(0.25)	N/A
Coefficient Of Variation	(526.26)	(654.44)	(1,162)	(2,923)	(830.66)	(525.70)
Mean Deviation	2.17	1.21	1.54	1.52	1.58	1.67
Jensen Alpha	(0.52)	(0.24)	(0.20)	(0.08)	(0.28)	(0.42)
Total Risk Alpha	(0.68)	(0.34)	(0.31)	(0.19)	(0.39)	(0.53)
Standard Deviation	2.75	1.57	2.15	2.07	2.18	2.11
Kurtosis	0.1763	1.05	1.99	1.58	0.9082	(0.47)
Potential Upside	3.07	1.92	3.83	3.72	4.06	2.86
Treynor Ratio	1.8	0.741	(28.68)	7.2	(1.28)	(2.95)
Maximum Drawdown	14.1	6.6	13.1	10.28	10.77	9.71
Variance	7.54	2.47	4.62	4.27	4.76	4.46
Market Risk Adjusted Performance	1.81	0.751	(28.67)	7.21	(1.27)	(2.94)
Risk Adjusted Performance	(0.14)	(0.12)	(0.06)	(0.02)	(0.09)	(0.14)
Skewness	(0.21)	0.5482	0.0253	0.8438	0.525	0.0351
Information Ratio	(0.21)	(0.19)	(0.11)	(0.06)	(0.14)	(0.22)
Value At Risk	(5.45)	(2.44)	(3.77)	(3.28)	(3.39)	(2.94)

NESTE OYJ Competition Performance Charts

Five steps to successful analysis of NESTE OYJ Competition

NESTE OYJ's competitive analysis is the process of researching and evaluating its competitive landscape. It provides an understanding of the strengths, weaknesses, opportunities, and threats (SWOT) faced by NESTE OYJ UNSPADR in relation to its competition. NESTE OYJ's competition analysis typically involves several steps, including:

Identifying the key players in the market: This involves identifying the major competitors of NESTE OYJ in the market, both direct and indirect, as well as new entrants and disruptive technologies.
Assessing the strengths and weaknesses of each competitor: This involves evaluating each competitor's strengths and weaknesses in areas such as product offerings, market share, brand recognition, financial performance, and distribution channels.
Understanding the competitive environment: This involves evaluating the regulatory environment, economic conditions, and other factors that may impact NESTE OYJ's competitive landscape.
Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to NESTE OYJ UNSPADR, and developing a strategy to address them.
Evaluating the competitive landscape: This involves understanding the competitive dynamics of the market, such as pricing, marketing, and distribution strategies, as well as analyzing the competitive advantage of each competitor.

Competitive analysis is an essential tool for businesses to stay ahead of the competition and can be used to inform decision-making and strategy development. By understanding the competitive landscape and staying informed about the activities of competitors, a company can make more informed decisions and improve its overall performance.

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Other Information on Investing in NESTE Stock

NESTE OYJ financial ratios help investors to determine whether NESTE Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in NESTE with respect to the benefits of owning NESTE OYJ security.

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