Neste Oyj Stock

Neste Oyj Market capitalization 2024

Neste Oyj Market capitalization

9.05 B EUR

Ticker

NESTE.HE

ISIN

FI0009013296

WKN

A0D9U6

In 2024, Neste Oyj's market cap stood at 9.05 B EUR, a -63.39% increase from the 24.73 B EUR market cap in the previous year.

The Neste Oyj Market capitalization history

YEARMarket Capitalization (undefined EUR)
202329.13
202233.39
202139.62
202030.84
201922.91
201816.87
20179.87
20168.41
20156.04
20143.99
20133.27
20122.32
20112.65
20103.04
20092.8
20084.42
20076.51
20066.55
20055.97
2004-

Neste Oyj Aktienanalyse

What does Neste Oyj do?

Neste Oyj is a Finnish company that was founded in 1948 as an oil refinery. In recent years, it has become a pioneer in the production of renewable fuels and is now the world's largest producer of renewable diesel and one of the largest producers of renewable jet fuel. Its business model is based on converting waste and residues into renewable fuels and chemical products. The company uses a variety of raw materials such as animal fats, fish oils, and vegetable oils to produce biodiesel and other renewable fuels, thereby reducing dependence on fossil fuels and reducing greenhouse gas emissions. Neste is divided into three different business areas: Renewable Products, Oil Products, and Marketing & Services. The Renewable Products business area is the largest of the company and produces renewable fuels such as renewable diesel, renewable jet fuel, and renewable naphtha, which are used in various industries such as transportation, aviation, and shipping. The Oil Products business area produces conventional fuels such as gasoline and diesel. The Marketing & Services business area is responsible for selling fuels and other products to customers in Finland and other countries. Some of Neste's well-known products include NEXBTL Diesel and Neste MY Renewable Diesel. NEXBTL Diesel is a renewable fuel made from animal fats and other waste. It is a clean fuel that helps reduce emissions of particulate matter and nitrogen oxides. Neste MY Renewable Diesel is another renewable fuel that is produced entirely from waste and residues. It has a significantly better environmental footprint than conventional diesel fuels and reduces greenhouse gas emissions by up to 90 percent. In addition to renewable fuels, Neste also produces renewable chemical products. These products are used in various industries such as plastics manufacturing, cosmetics, and pharmaceutical production. Some of the products are bioplastics and biopolymers such as bio-polyethylene and bio-polypropylene. These products are biodegradable, helping to reduce environmental impact. In recent years, Neste has received numerous awards for its work in the field of renewable energy. The company is also a member of the Dow Jones Sustainability Index, an index of sustainable companies that selects only the best companies. Neste aims to reduce its net carbon dioxide emissions to zero by 2030. To achieve this, the company recently introduced a strategy called "Porvoo 2040" which aims to decarbonize the company's production processes and increase the share of renewable fuels in overall production. Overall, Neste is a pioneer in the field of renewable energy and the conversion of waste and residues into renewable fuels and chemical products. The company has a wide range of products that are used in various industries, helping to reduce dependence on fossil fuels and reduce environmental impact. Neste Oyj ist eines der beliebtesten Unternehmen auf Eulerpool.com.

Market capitalization Details

Exploring Neste Oyj's Market Capitalization

Neste Oyj's market capitalization represents the total dollar market value of the company’s outstanding shares of stock. It is calculated by multiplying the company's shares outstanding by the current market price of one share. This metric is a vital indicator of a company’s size, strength, and overall market value.

Year-to-Year Comparison

A yearly comparison of Neste Oyj's market capitalization provides investors and analysts insights into its growth and valuation trends. An increase signifies market confidence and business expansion, while a decrease may point towards declining market value or business contractions.

Impact on Investments

Neste Oyj's market capitalization plays a pivotal role in investment decisions. It aids investors in assessing the company's risk and return profiles. Larger companies are often considered more stable but may offer lower growth potential, while smaller companies might offer significant growth prospects but come with higher risk.

Interpreting Market Capitalization Fluctuations

Variations in Neste Oyj’s market capitalization can be attributed to several factors, including changes in stock price, outstanding shares, and market sentiment. Understanding these fluctuations helps investors evaluate the company's current standing and future potential in the competitive landscape.

Frequently Asked Questions about Neste Oyj stock

What is the current Neste Oyj market capitalization?

The current market capitalization of Neste Oyj is 9.05 B EUR.

What is market capitalization?

The market capitalization (German: Marktkapitalisierung, English: market capitalization, abbreviated as market cap, also known as stock exchange capitalization or market value) is the calculated total value of all shares of a publicly traded company like Neste Oyj.

How has the market capitalization of Neste Oyj developed in recent years?

The market capitalization of Neste Oyj has increased/decreased by -63.39% compared to the previous year.

What does market capitalization mean for investors?

The market capitalization of a company reflects the current market consensus on the value of the equity of a publicly traded company.

Why is market capitalization an important indicator for investors?

The market capitalization of a company reflects the current market consensus on the value of a publicly traded company's equity. It is determined by the supply and demand for the company's shares. Market capitalization is thus significantly influenced by expectations in the stock market regarding the future earnings power of the company, and as such, it can undergo significant fluctuations.

Why does the market capitalization fluctuate?

The market capitalization fluctuates along with the stock price, as the market capitalization is calculated based on the current price and the number of outstanding shares.

What role does market capitalization play in the valuation of Neste Oyj?

In order to compare the value of companies, it is helpful to consider not only the market capitalization but also the net debt of a company. A potential buyer of the entire company would also acquire the debts of the company. The enterprise value is the total value of a company or a stock corporation. The net financial indebtedness of the company is added to the market capitalization.

Does the market capitalization influence the performance of Neste Oyj?

There is no verifiable long-term evidence or study that stocks with a specific market capitalization (whether Mega/Large/Mid/Small Cap) would consistently yield significantly higher returns than others. There are occasional small studies (few stocks, short investment period) suggesting that certain classes may perform better or have higher risk, but none of them are 1. conclusive (cause-effect relationship is unclear, experiment is not repeatable) or 2. generalizable (generalization is not possible due to small sample size and time period).

Does the market capitalization of Neste Oyj have an influence on indices?

Some stock indices use market capitalization as index weighting. Stocks with a higher market capitalization are also weighted higher in the index. This is in contrast to equally weighted indices (all stocks have the same weighting) and free float weighted indices (market capitalization weighting, but only with the number of shares in free float).

How much dividend does Neste Oyj pay?

Over the past 12 months, Neste Oyj paid a dividend of 1.01 EUR . This corresponds to a dividend yield of about 8.57 %. For the coming 12 months, Neste Oyj is expected to pay a dividend of 1.14 EUR.

What is the dividend yield of Neste Oyj?

The current dividend yield of Neste Oyj is 8.57 %.

When does Neste Oyj pay dividends?

Neste Oyj pays a quarterly dividend. This is distributed in the months of April, October, April, November.

How secure is the dividend of Neste Oyj?

Neste Oyj paid dividends every year for the past 0 years.

What is the dividend of Neste Oyj?

For the upcoming 12 months, dividends amounting to 1.14 EUR are expected. This corresponds to a dividend yield of 9.67 %.

In which sector is Neste Oyj located?

Neste Oyj is assigned to the 'Energy' sector.

Wann musste ich die Aktien von Neste Oyj kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Neste Oyj from 10/9/2024 amounting to 0.6 EUR, you needed to have the stock in your portfolio before the ex-date on 10/1/2024.

When did Neste Oyj pay the last dividend?

The last dividend was paid out on 10/9/2024.

What was the dividend of Neste Oyj in the year 2023?

In the year 2023, Neste Oyj distributed 0.82 EUR as dividends.

In which currency does Neste Oyj pay out the dividend?

The dividends of Neste Oyj are distributed in EUR.

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Andere Kennzahlen von Neste Oyj

Our stock analysis for Neste Oyj Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Neste Oyj Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.