Neste OYJ (MEX:NESTEN) E10: MXN33.12 (As of Mar. 2026)


MEX:NESTEN Neste OYJ MEX:NESTEN
80 GF Score
Price MXN593.47
GF Value MXN412.25
! 6 Warning Signs
View Full Analysis

What is Neste OYJ E10?

Neste OYJ MEX:NESTEN 80 E10 is MXN33.12 as of Mar. 2026. GuruFocus rates MEX:NESTEN with a GF Score™ of 80/100 and a GF Value™ of MXN412.25. The stock has 6 warning signs investors should review.

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller P/E calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years.

Neste OYJ's adjusted earnings per share data for the three months ended in Mar. 2026 was MXN14.384. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is MXN33.12 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Neste OYJ's average E10 Growth Rate was -0.60% per year. During the past 3 years, the average E10 Growth Rate was 1.80% per year. During the past 5 years, the average E10 Growth Rate was 11.50% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the E10 growth rate using E10 data.

During the past 13 years, the highest 3-Year average E10 Growth Rate of Neste OYJ was 21.40% per year. The lowest was 1.80% per year. And the median was 18.30% per year.

As of today (2026-06-24), Neste OYJ's current stock price is MXN593.47. Neste OYJ's E10 for the quarter that ended in Mar. 2026 was MXN33.12. Neste OYJ's Shiller PE Ratio of today is 17.92.

During the past 13 years, the highest Shiller PE Ratio of Neste OYJ was 69.62. The lowest was 4.67. And the median was 33.19.


Neste OYJ  (MEX:NESTEN) E10 Explanation

If a company grows much fast than inflation, E10 may underestimate the company's earnings power. Shiller PE Ratio can seem to be too high even the actual P/E is low.

For the Shiller P/E, the earnings of the past 10 years are inflation-adjusted and averaged. The result is used for P/E calculation. Since it looks at the average over the last 10 years, the Shiller P/E is also called PE10.

The Shiller P/E was first used by professor Robert Shiller to measure the valuation of the overall market. The same calculation is applied here to individual companies.

Neste OYJ's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=593.47/33.12
=17.92

* 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.

During the past 13 years, the highest Shiller P/E Ratio of Neste OYJ was 69.62. The lowest was 4.67. And the median was 33.19.


Be Aware

Shiller PE Ratio works better for cyclical companies. It gives you a better idea on the company's real earnings power.


Neste OYJ E10 Related Terms


Neste OYJ E10 Historical Data

* Premium members only.

The historical data trend for Neste OYJ's E10 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.

Neste OYJ E10 Chart

Neste OYJ Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 25.52 30.20 31.56 77.82 46.47

Neste OYJ Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
E10 Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 109.18 79.85 58.64 46.47 33.12

MEX:NESTEN vs VLO, MPC, PSX: E10 Comparison

For the Oil & Gas Refining & Marketing subindustry, Neste OYJ's Shiller PE Ratio, along with its competitors' market caps and Shiller PE Ratio 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 Shiller PE Ratio vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Neste OYJ's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Neste OYJ's Shiller PE Ratio falls into.


MEX:NESTEN
80GF Score
Neste OYJ MEX:NESTEN
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Neste OYJ E10 Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller P/E calculation. When we calculate the today's Shiller P/E ratio of a stock, we use today's price divided by E10.

What is E10? How do we calculate E10?

E10 is the average of the inflation adjusted earnings of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the E10 of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the earnings from 2001 through 2010.

We adjusted the earnings of 2001 earnings data with the total inflation from 2001 through 2010 to the equivalent earnings in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart earned $1 a share in 2001, then the 2001's equivalent earnings in 2010 is $1.4 a share. If Wal-Mart earns $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 earnings in 2010 is $1.35. So on and so forth, you get the equivalent earnings of past 10 years. Then you add them together and divided the sum by 10 to get E10.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.

For example, Neste OYJ's adjusted earnings per share data for the three months ended in Mar. 2026 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=14.384/122.6700*122.6700
=14.384

Current CPI (Mar. 2026) = 122.6700.

Neste OYJ Quarterly Data

per share eps CPI Adj_EPS
201606 5.749 100.390 7.025
201609 7.161 100.540 8.737
201612 7.322 101.020 8.891
201703 5.236 100.910 6.365
201706 5.281 101.140 6.405
201709 7.499 101.320 9.079
201712 7.360 101.510 8.894
201803 10.081 101.730 12.156
201806 3.902 102.320 4.678
201809 4.802 102.600 5.741
201812 3.574 102.710 4.269
201903 8.329 102.870 9.932
201906 8.248 103.360 9.789
201909 7.610 103.540 9.016
201912 25.356 103.650 30.009
202003 6.736 103.490 7.984
202006 5.459 103.320 6.481
202009 11.709 103.710 13.850
202012 0.242 103.890 0.286
202103 11.924 104.870 13.948
202106 13.431 105.360 15.638
202109 15.966 106.290 18.426
202112 13.676 107.490 15.607
202203 18.201 110.950 20.124
202206 16.588 113.570 17.917
202209 3.526 114.920 3.764
202212 13.821 117.320 14.451
202303 5.983 119.750 6.129
202306 6.315 120.690 6.419
202309 13.013 121.280 13.162
202312 9.626 121.540 9.715
202403 3.788 122.360 3.798
202406 -3.747 122.230 -3.760
202409 0.656 122.260 0.658
202412 -3.931 122.390 -3.940
202503 -1.106 123.010 -1.103
202506 -1.086 122.530 -1.087
202509 3.014 122.880 3.009
202512 3.163 122.670 3.163
202603 14.384 122.670 14.384

Add all the adjusted EPS together and divide 10 will get our e10.

Frequently Asked Questions Learn more about E10 →
What does a E10 of MXN33.12 mean?
Neste OYJ (MEX:NESTEN) has a E10 of MXN33.12 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Neste OYJ and its competitors.
Is Neste OYJ's E10 too high?
Neste OYJ's current E10 is MXN33.12. Overall, Neste OYJ has a GF Score™ of 80/100, reflecting its overall financial health beyond just this single metric.
How does Neste OYJ's E10 compare to VLO and MPC?
Neste OYJ's E10 of MXN33.12 can be compared against companies in the Oil & Gas industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good E10 for an Oil & Gas company?
A good E10 depends on the Oil & Gas industry context. However, E10 should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high E10 mean?
A high E10 can signal that a stock is expensive relative to its fundamentals. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Neste OYJ and its competitors. Neste OYJ's current E10 is MXN33.12. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Neste OYJ stock overvalued right now?
Neste OYJ (MEX:NESTEN) has a current E10 of MXN33.12. The stock's GF Value™ is MXN412.25, compared to a current price of MXN593.47 — trading 44% above its estimated fair value. The current E10 is MXN33.12. Neste OYJ's overall GF Score™ is 80/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is E10 calculated?
E10 is calculated from a company's financial statements. For Neste OYJ (MEX:NESTEN), the current E10 is MXN33.12 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Neste OYJ (MEX:NESTEN) Overvalued in 2026?

Based on GuruFocus' analysis, Neste OYJ stock appears to be overvalued. The current stock price of MXN593.47 is trading 44% above its estimated GF Value™ of MXN412.25.

Key valuation signals for MEX:NESTEN:

  • E10: MXN33.12
  • GF Value™: MXN412.25 vs. price of MXN593.47 (44% above fair value)
  • GF Score™: 80/100 with 6 warning signs

No single metric tells the full story. See the MEX:NESTEN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Neste OYJ Business Description

Industry EnergyOil & Gas
Address Keilaranta 21, Espoo, FIN, 02150
Neste OYJ is a producer of renewable diesel and sustainable aviation fuel (SAF), with production on three continents. The group also produces oil products and has a network of several fuel stations with expanding service offerings, such as EV charging, in Finland and in the Baltics. Neste has three reporting segments: Renewable Products, Oil Products, and Marketing and Services. Maximum revenue is generated from its Oil Products segment, which offers oil products and related services for the road transportation, heavy machinery, agriculture, aviation, and marine sectors, as well as products for the oil and petrochemical industries. Geographically, the group generates maximum revenue from other European countries (excluding Finland), followed by Finland, the USA, and other markets.
80GF Score

Get the complete analysis for MEX:NESTEN

E10 is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

MXN593.47
Price
MXN412.25
GF Value