NTOIF (Neste OYJ) EV-to-EBIT: 25.85 (As of Jul. 18, 2026) — 64% Above Median

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NTOIF Neste OYJ NTOIF
74 GF Score
Price $33.86
GF Value $21.07
Valuation Significantly Overvalued
! 10 Warning Signs
View Full Analysis

What is Neste OYJ EV-to-EBIT?

Neste OYJ NTOIF 74 EV-to-EBIT is 25.85 as of Jul. 18, 2026, which is 64% above its 10-year median of 15.73. GuruFocus rates NTOIF with a GF Score™ of 74/100 and a GF Value™ of $21.07 (Significantly Overvalued). The stock has 10 warning signs investors should review. Among 692 Oil & Gas companies, Neste OYJ ranks worse than 83.96% on this metric.

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Neste OYJ's Enterprise Value is $32,294 Mil. Neste OYJ's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was $1,249 Mil. Therefore, Neste OYJ's EV-to-EBIT for today is 25.85.

The historical rank and industry rank for Neste OYJ's EV-to-EBIT or its related term are showing as below:

NTOIF' s EV-to-EBIT Range Over the Past 10 Years
Min: -174.9   Med: 15.73   Max: 604.54
Current: 24.53

During the past 13 years, the highest EV-to-EBIT of Neste OYJ was 604.54. The lowest was -174.90. And the median was 15.73.

NTOIF's EV-to-EBIT is ranked worse than
83.96% of 692 companies
in the Oil & Gas industry
Industry Median: 11.745 vs NTOIF: 24.53

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Neste OYJ's Enterprise Value for the quarter that ended in Mar. 2026 was $28,706 Mil. Neste OYJ's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was $1,249 Mil. Neste OYJ's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 4.35%.


Neste OYJ  (OTCPK:NTOIF) EV-to-EBIT Explanation

This is a more accurate valuation of companies' operation because it considers the debt and cash on its balance sheet, and non-operating items such as interest payment, tax, and one-time items are not included in the Operating Income.

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %.

Neste OYJ's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 is calculated as:

Earnings Yield (Joel Greenblatt) % (Q: Mar. 2026 ) =EBIT / Enterprise Value (Q: Mar. 2026 )
=1249.112/28706.155
=4.35 %

Neste OYJ's Enterprise Value for the quarter that ended in Mar. 2026 was $28,706 Mil.
Neste OYJ's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $1,249 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 EV-to-EBIT Related Terms


Neste OYJ EV-to-EBIT Historical Data

* Premium members only.

The historical data trend for Neste OYJ's EV-to-EBIT 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 EV-to-EBIT Chart

Neste OYJ Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EV-to-EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 16.60 14.75 15.94 397.25 53.51

Neste OYJ Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
EV-to-EBIT 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 -52.40 -140.57 529.52 53.51 23.29

NTOIF vs VLO, MPC, PSX: EV-to-EBIT Comparison

For the Oil & Gas Refining & Marketing subindustry, Neste OYJ's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT 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 EV-to-EBIT vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Neste OYJ's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Neste OYJ's EV-to-EBIT falls into.


NTOIF
74GF Score
Neste OYJ NTOIF
EV-to-EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Neste OYJ EV-to-EBIT Calculation

Neste OYJ's EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=32293.512/1249.112
=25.85

Neste OYJ's current Enterprise Value is $32,294 Mil.
Neste OYJ's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $1,249 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.

Frequently Asked Questions Learn more about EV-to-EBIT →
What does a EV-to-EBIT of 25.85 mean?
Neste OYJ (NTOIF) has a EV-to-EBIT of 25.85 as of Jul. 18, 2026. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on Neste OYJ and its competitors. This is 64% above median its historical median of 15.73. According to the industry distribution chart, Neste OYJ ranks #581 out of 692 companies in the Oil & Gas industry, placing it in the top 84%.
Is Neste OYJ's EV-to-EBIT too high?
Neste OYJ's current EV-to-EBIT of 25.85 is 64% above median its 10-year median of 15.73. The Oil & Gas industry median EV-to-EBIT is 11.75. Neste OYJ's value of 25.85 is 120.1% above this industry median. Based on the distribution chart, Neste OYJ ranks #581 out of 692 companies in the Oil & Gas industry, which is in the bottom quartile relative to peers. Overall, Neste OYJ has a GF Score™ of 74/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Neste OYJ's EV-to-EBIT compare to VLO and MPC?
According to the Oil & Gas industry distribution chart, Neste OYJ ranks #581 out of 692 companies for EV-to-EBIT. This places Neste OYJ in the lower half of its industry. The industry median EV-to-EBIT is 11.75. Neste OYJ's value of 25.85 is 120.1% above this benchmark. While the company's 10-year median is 15.73 vs. the industry median of 11.75, Neste OYJ has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EV-to-EBIT for an Oil & Gas company?
The median EV-to-EBIT among Oil & Gas companies is 11.75, based on 692 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-EBIT significantly above this median, while those in the bottom quartile fall well below. However, EV-to-EBIT should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Neste OYJ's current EV-to-EBIT of 25.85 is 120.1% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EV-to-EBIT mean?
A high EV-to-EBIT can signal that a stock is expensive relative to its fundamentals. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on Neste OYJ and its competitors. For the Oil & Gas industry, the median EV-to-EBIT is 11.75 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Neste OYJ's current EV-to-EBIT is 25.85, which is 64% above median its own 10-year median of 15.73. 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?
Based on GuruFocus' analysis, Neste OYJ (NTOIF) is currently considered Significantly Overvalued. The stock's GF Value™ is $21.07, compared to a current price of $33.86 — trading 60.7% above its estimated fair value. The current EV-to-EBIT is 25.85, which is 64% above median its 10-year median of 15.73 and 120.1% above the Oil & Gas industry median of 11.75. Neste OYJ's overall GF Score™ is 74/100 with 10 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-EBIT calculated?
EV-to-EBIT is calculated from a company's financial statements. For Neste OYJ (NTOIF), the current EV-to-EBIT is 25.85 as of Jul. 18, 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 (NTOIF) Overvalued in 2026?

Based on GuruFocus' analysis, Neste OYJ stock appears to be overvalued. The current stock price of $33.86 is trading 60.7% above its estimated GF Value™ of $21.07. GuruFocus considers Neste OYJ to be Significantly Overvalued.

Key valuation signals for NTOIF:

  • EV-to-EBIT: 25.85 (64% above median its 10-year median of 15.73)
  • GF Value™: $21.07 vs. price of $33.86 (60.7% above fair value)
  • GF Score™: 74/100 with 10 warning signs
  • Industry Position: 120.1% above the Oil & Gas median (#581 of 692)

No single metric tells the full story. See the NTOIF 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.
74GF Score

Get the complete analysis for NTOIF

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

$33.86
Price
$21.07
GF Value