Neste Oyj (NTOIF)
For informational purposes only. Not financial advice. Analysis by Sedat ANAK, Founder & Editor-in-Chief | AI-powered analysis. Data sourced from SEC filings and institutional-grade financial providers. Editorially reviewed. Not financial advice.
Neste Oyj (NTOIF) trades at $32.00 with AI Score 45/100 (Grade C). Neste Oyj is a Finnish company focused on renewable and oil products. It operates globally, with a significant presence in Europe and North America. Market cap: $24.58B, Sector: Energy.
Price live · AI analysis from Mar 18, 2026Analyst Coverage for NTOIF: NTOIF does not currently have published analyst price targets in our coverage universe. This is common for smaller-cap names with limited Wall Street coverage. In the absence of analyst consensus, our AI model evaluates NTOIF against Energy peers across nine fundamental dimensions and assigns an underweight signal based on the underlying data.
NTOIF: the 1 perspectives are evenly split.
How is this calculated? →Neste Oyj (NTOIF) Energy Operations & Outlook
Neste Oyj, based in Finland, is a global provider of renewable and oil products, operating through four segments including Renewable Products and Oil Products. With a focus on renewable diesel and jet fuels, Neste serves diverse markets via a network of service stations and direct sales, balancing traditional energy with sustainable alternatives.
What Is the Investment Thesis for NTOIF?
Neste Oyj presents an interesting investment case centered on its strategic pivot towards renewable products. The company's Renewable Products segment is a key growth driver, fueled by increasing demand for sustainable fuels and materials. With a P/E ratio of 149.59 and a dividend yield of 2.85%, Neste offers a blend of growth and income potential. The company's established infrastructure and distribution network provide a competitive advantage in expanding its renewable product offerings. However, investors may want to evaluate the relatively low profit margin of 0.8% and the inherent volatility associated with the oil and gas industry. The company's beta of 1.04 indicates market correlation. Success hinges on continued innovation in renewable technologies and effective management of raw material costs.
Based on FMP financials and quantitative analysis
NTOIF Key Highlights
- Neste Oyj operates in four segments: Renewable Products, Oil Products, Marketing & Services, and Others.
- The company offers a dividend yield of 2.85% as of 2026-03-18.
- Neste's Renewable Products segment produces renewable diesel, renewable jet fuels, and renewable solvents.
- Neste has a network of 947 service stations through its Marketing & Services segment.
- Neste changed its name from Neste Oil Oyj to Neste Oyj in June 2015 to reflect its focus on renewable energy.
Who Are NTOIF's Competitors?
NTOIF is benchmarked below against 8 industry peers on price, market cap, and our AI MoonshotScore.
| Company | Price | Change | Market Cap | AI Score |
|---|---|---|---|---|
| GLPEF Galp Energia, SGPS, S.A. | $21.64 | +1.49% | $16.19B | 45 |
| JXHGF ENEOS Holdings, Inc. | $8.00 | +16.79% | $21.52B | 45 |
| JXHLY ENEOS Holdings, Inc. | $15.55 | +3.32% | $20.92B | 42 |
| NATKY JSC National Atomic Company Kazatomprom | $69.40 | +3.57% | $18.00B | 54 |
| OGFGF Origin Energy Limited | $6.70 | -15.40% | $11.54B | 49 |
| REGI Renewable Energy Group, Inc. | $61.50 | +0.00% | $3.11B | 55 |
| FGPR Ferrellgas Partners, L.P. | $23.81 | -0.57% | $115.67M | 54 |
| SUN Sunoco LP | $67.88 | -0.59% | $9.28B | 53 |
AI Score by Stock Expert AI · Price data: FMP / Yahoo Finance
What Are NTOIF's Key Strengths?
- Leading position in renewable diesel and jet fuel production.
- Proprietary technology for producing renewable fuels.
- Established infrastructure and distribution network.
- Strong focus on sustainability and environmental responsibility.
What Are NTOIF's Weaknesses?
- Relatively low profit margin.
- Dependence on specific feedstocks for renewable fuel production.
- Exposure to fluctuations in commodity prices.
- Limited geographic presence in certain markets.
What Could Drive NTOIF Stock Higher?
- Increasing demand for renewable diesel and jet fuel driven by environmental regulations and consumer preferences.
- Potential expansion of renewable product capacity with new production facilities.
- Development of new renewable feedstocks to improve sustainability and reduce costs.
- Geographic expansion into new markets with supportive regulatory frameworks.
What Are the Key Risks for NTOIF?
- Increasing competition from other renewable fuel producers.
- Changes in government regulations and incentives for renewable fuels.
- Fluctuations in crude oil prices and feedstock costs.
- Technological disruptions in the energy industry.
- Limited transparency and liquidity associated with OTC trading.
What Are the Growth Opportunities for NTOIF?
- Expansion of Renewable Product Capacity: Neste has the opportunity to significantly increase its production capacity for renewable diesel and jet fuel. The global market for sustainable aviation fuel (SAF) is projected to grow substantially, driven by mandates and incentives for airlines to reduce their carbon emissions. By investing in new production facilities and optimizing existing operations, Neste can capture a larger share of this expanding market. This includes strategic partnerships with airlines and airports to secure long-term supply agreements. Timeline: Ongoing, with capacity expansions planned through 2030.
- Development of New Renewable Feedstocks: Neste can further enhance its competitive advantage by developing and utilizing new renewable feedstocks. This includes exploring the use of agricultural residues, forestry waste, and algae as sustainable alternatives to traditional vegetable oils. Diversifying feedstock sources can reduce the company's reliance on specific commodities and improve the overall sustainability profile of its products. Research and development efforts in this area are crucial for long-term growth. Timeline: Ongoing, with pilot projects and research initiatives underway.
- Geographic Expansion into New Markets: Neste has the potential to expand its geographic presence into new markets, particularly in regions with strong demand for renewable fuels and supportive regulatory frameworks. This includes targeting countries in Asia and South America that are actively promoting the adoption of biofuels. Establishing strategic partnerships with local distributors and infrastructure providers can facilitate market entry and accelerate growth. Timeline: Medium-term, with market entry strategies being evaluated.
- Integration of Circular Economy Principles: Neste can further integrate circular economy principles into its operations by developing solutions for recycling and reusing plastic waste. This includes investing in technologies that convert plastic waste into valuable raw materials for the production of new plastics and chemicals. By closing the loop on plastic waste, Neste can contribute to a more sustainable economy and reduce its reliance on fossil-based resources. Timeline: Long-term, with research and development efforts focused on advanced recycling technologies.
- Leveraging Technology and Innovation: Neste's proprietary technology for producing renewable fuels provides a significant competitive advantage. The company can continue to invest in research and development to improve the efficiency and cost-effectiveness of its production processes. This includes exploring new catalytic technologies and process optimization techniques. By staying at the forefront of technological innovation, Neste can maintain its leadership position in the renewable fuels market. Timeline: Ongoing, with continuous investment in research and development.
What Opportunities Does NTOIF Have?
- Expanding renewable product capacity to meet growing demand.
- Developing new renewable feedstocks to improve sustainability.
- Geographic expansion into new markets with supportive regulations.
- Integrating circular economy principles into operations.
What Threats Does NTOIF Face?
- Increasing competition from other renewable fuel producers.
- Changes in government regulations and incentives for renewable fuels.
- Fluctuations in crude oil prices and feedstock costs.
- Technological disruptions in the energy industry.
What Are NTOIF's Competitive Advantages?
- Proprietary Technology: Neste's technology for producing renewable fuels provides a competitive advantage.
- Established Infrastructure: The company has a well-established infrastructure and distribution network.
- Strategic Partnerships: Neste has formed strategic partnerships with airlines, airports, and other industry players.
- Focus on Sustainability: Neste's commitment to sustainability and renewable energy differentiates it from competitors.
What Does NTOIF Do?
Neste Oyj, originally founded in 1948 as Neste Oil Oyj, has evolved from a national oil company to a global provider of renewable and oil products. Headquartered in Espoo, Finland, the company operates across four key segments: Renewable Products, Oil Products, Marketing & Services, and Others. The Renewable Products segment is central to Neste's strategy, producing and selling renewable diesel, renewable jet fuels, and renewable solvents. These products are based on Neste's proprietary technology and cater to wholesale markets, including raw materials for bioplastics. The Oil Products segment focuses on traditional refining, producing and selling diesel fuel, gasoline, aviation and marine fuels, and other oil-based products. These products are distributed to retailers, distributors, oil majors, and petrochemical companies. The Marketing & Services segment operates a network of 947 service stations, providing petroleum products and related services to various customer segments, including private motorists, industries, and transport companies. The Others segment offers engineering and technology solutions. Neste's geographic reach extends across Finland, other Nordic countries, the Baltic Rim, Europe, North and South America, and other international markets. In June 2015, the company rebranded as Neste Oyj to reflect its strategic shift towards renewable energy solutions.
What Products and Services Does NTOIF Offer?
- Produces and sells renewable diesel.
- Manufactures renewable jet fuels and solutions.
- Offers renewable solvents and raw materials for bioplastics.
- Produces and sells diesel fuel, gasoline, and aviation fuels.
- Markets and sells light and heavy fuel oils, base oils, and solvents.
- Provides engineering and technology solutions.
- Manufactures raw materials for polymers and chemicals.
How Does NTOIF Make Money?
- Neste generates revenue by selling renewable products, including renewable diesel and jet fuel, to wholesale markets.
- The company also generates revenue from the sale of oil products, such as diesel fuel, gasoline, and aviation fuels, to retailers, distributors, and oil majors.
- Neste's Marketing & Services segment generates revenue through a network of service stations, selling petroleum products and associated services to various customer segments.
What Industry Does NTOIF Operate In?
Neste Oyj operates within the oil and gas refining and marketing industry, which is undergoing significant transformation due to increasing environmental concerns and the global push for sustainable energy solutions. The industry is characterized by intense competition, fluctuating commodity prices, and evolving regulatory landscapes. Companies are increasingly investing in renewable energy sources and technologies to reduce their carbon footprint and meet changing consumer demands. Neste's strategic focus on renewable products positions it to capitalize on the growing demand for sustainable fuels and materials, differentiating it from competitors primarily focused on traditional oil and gas products.
Who Are NTOIF's Key Customers?
- Wholesale markets for renewable products.
- Retailers and distributors of oil products.
- Oil majors and trading companies.
- Petrochemical companies.
- Private motorists, industry, and transport companies through service stations.
How Neste Oyj Is Valued
Neste Oyj carries a market capitalization of $24.58B, placing it in the large-cap category. Relative to its peer group, NTOIF's quantitative score of 45/100 is roughly in line with the peer average of 47/100.
ROE 10%Key Financial Metrics
Return on equity for Neste Oyj stands at 9.7%, a gauge of how efficiently it converts shareholder capital into profit. Return on assets is 4.0%, showing how much profit it generates from its asset base. NTOIF trades at a trailing price-to-earnings ratio of 29.69, above the Energy sector average of ~17x. Its free cash flow yield is 7.5%, a gauge of the cash the business throws off relative to its market value. A current ratio of 1.59 indicates the company holds enough short-term assets to cover its near-term obligations. Its earnings yield is 3.4%, the inverse of the P/E and a quick read on earnings relative to price.
F-Score 6/9Financial Health
Neste Oyj's Piotroski F-Score is 6/9, a 9-point checklist of profitability, leverage and efficiency — a middling fundamental profile. Its Altman Z-Score of 3.27 places it in the safe zone, indicating low near-term bankruptcy risk.
FY2026 estForward Outlook
Wall Street analysts project Neste Oyj revenue of about $21.48B for fiscal 2026, with EPS near $2.70. The estimate reflects 11 contributing analysts.
NTOIF Financials
Fundamental Snapshot
Based on FMP financials and quantitative analysis · FY 2025
Bull Case vs Bear Case
Bull Case
- Leading position in renewable diesel and jet fuel production.
- Proprietary technology for producing renewable fuels.
- Established infrastructure and distribution network.
- Strong focus on sustainability and environmental responsibility.
Bear Case
- Relatively low profit margin.
- Dependence on specific feedstocks for renewable fuel production.
- Exposure to fluctuations in commodity prices.
- Limited geographic presence in certain markets.
AI-generated arguments based on insider flow, news sentiment and technicals — not financial advice · July 2026
NTOIF Latest News
No recent news available for NTOIF.
NTOIF Analyst Consensus
Consensus Rating
Aggregated Buy/Hold/Sell recommendations from Benzinga, Yahoo Finance, and Finnhub for NTOIF.
Price Targets
Wall Street price target analysis for NTOIF.
NTOIF MoonshotScore
What does this score mean?
The MoonshotScore rates NTOIF's growth potential on a scale of 0-100 across multiple factors including innovation, market disruption, financial health, and momentum.
Leadership: Heikki Malinen
President and CEO
Heikki Malinen serves as the President and CEO of Neste Oyj. His career spans various leadership roles in the energy and industrial sectors. Prior to joining Neste, he held executive positions at Outokumpu Oyj, a global stainless steel company, including CEO. Malinen's background encompasses extensive experience in strategic management, business development, and operational excellence. He holds a Master of Science degree in Engineering.
Track Record: Under Heikki Malinen's leadership, Neste Oyj has accelerated its strategic transformation towards becoming a global leader in renewable and circular solutions. Key milestones include significant investments in renewable product capacity, expansion into new markets, and the development of innovative technologies. Malinen has overseen the company's commitment to sustainability, driving Neste's efforts to reduce carbon emissions and promote a circular economy.
NTOIF OTC Market Information
The OTC Other tier represents the lowest tier of the OTC market, indicating that Neste Oyj (NTOIF) may not meet the minimum financial standards or reporting requirements of higher tiers like OTCQX or OTCQB. Companies on this tier may have limited regulatory oversight and may not be required to provide regular financial disclosures. Investing in companies on the OTC Other tier carries a higher degree of risk compared to those listed on major exchanges due to the potential for less transparency and greater price volatility.
- OTC Tier: OTC Other
- Disclosure Status: Unknown
- Limited Transparency: OTC stocks often have less stringent reporting requirements, leading to less available information.
- Lower Liquidity: Trading volume can be thin, making it difficult to buy or sell shares quickly at desired prices.
- Higher Volatility: OTC stocks can experience greater price swings due to lower trading volumes and less regulatory oversight.
- Potential for Fraud: The lack of regulatory scrutiny increases the risk of fraudulent or manipulative activities.
- Information Asymmetry: The limited availability of information can create an uneven playing field for investors.
- Verify the company's registration and legal standing.
- Obtain and review audited financial statements.
- Research the company's management team and their track record.
- Assess the company's business model and competitive landscape.
- Evaluate the company's regulatory compliance.
- Understand the risks associated with investing in OTC stocks.
- Consult with a qualified financial advisor.
- Established Business Operations: Neste Oyj has a long history and operates in multiple countries.
- Focus on Renewable Energy: The company's commitment to sustainability may attract socially responsible investors.
- Dividend Payments: The company's dividend yield of 2.85% suggests financial stability.
- Listing on Other Exchanges: While it trades on the OTC market in the US, it may be listed on a primary exchange elsewhere, adding a layer of legitimacy.
Common Questions About NTOIF (Energy)
What does Neste Oyj do?
Neste Oyj is a global provider of renewable and oil products, with a focus on producing renewable diesel, renewable jet fuel, and other renewable solutions. The company operates through four segments: Renewable Products, Oil Products, Marketing & Services, and Others. Neste's renewable products are made from sustainably sourced raw materials and are designed to reduce greenhouse gas emissions. The company serves a wide range of customers, including airlines, transportation companies, and industrial users. Neste is committed to sustainability and is actively working to develop new renewable solutions.
What do analysts say about NTOIF stock?
Analyst coverage of NTOIF may be limited due to its OTC listing. However, the company's strategic focus on renewable energy and its established position in the renewable fuels market are generally viewed positively. Key valuation metrics include the company's P/E ratio and dividend yield. Growth considerations include the increasing demand for sustainable fuels and the company's ability to expand its renewable product capacity. Investors should conduct their own research and consult with a qualified financial advisor before making any investment decisions.
What are the main risks for NTOIF?
The main risks for NTOIF include increasing competition from other renewable fuel producers, changes in government regulations and incentives for renewable fuels, fluctuations in crude oil prices and feedstock costs, and technological disruptions in the energy industry. Additionally, the company faces risks associated with its OTC listing, including limited transparency and liquidity. Investors should carefully consider these risks before investing in NTOIF.
How does Neste Oyj's renewable product strategy compare to its peers in the oil and gas industry?
Neste Oyj distinguishes itself through its proactive and extensive focus on renewable products, setting it apart from many traditional oil and gas companies that are only beginning to diversify into renewable energy. While peers like Galp Energia are making strides in renewables, Neste's dedicated Renewable Products segment and significant investments in renewable diesel and jet fuel production demonstrate a deeper commitment. This strategic focus positions Neste to capitalize on the growing demand for sustainable fuels and potentially gain a competitive edge as the energy transition accelerates.
What are Neste Oyj's environmental and sustainability commitments?
Neste Oyj is committed to reducing greenhouse gas emissions and promoting a circular economy. The company has set ambitious targets for reducing its own carbon footprint and for helping its customers reduce their emissions. Neste is also working to develop new renewable solutions and to promote the use of sustainable raw materials. The company's sustainability efforts are aligned with the United Nations Sustainable Development Goals and are integrated into its business strategy.
What are the key factors to evaluate for NTOIF?
Neste Oyj (NTOIF) holds an AI score of 45/100 (low). Not financial advice.
How frequently does NTOIF data refresh on this page?
NTOIF prices update in real time during U.S. market hours. Fundamentals refresh after quarterly filings; analyst ratings and AI insights update daily; news is aggregated continuously.
What has driven NTOIF's recent stock price performance?
Neste Oyj (NTOIF) moves on earnings results, analyst revisions, sector rotation, and market sentiment. Notable catalyst: Leading position in renewable diesel and jet fuel production. See the News tab for the latest drivers. Past performance does not predict future results.
Disclaimer: This content is for informational purposes only and does not constitute investment advice. Always do your own research and consult a financial advisor.
Official Resources
Data provided for informational purposes only.
- OTC market data may be less reliable than exchange-listed data.
- Analyst coverage may be limited due to the OTC listing.