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Neste OYJNTOIF 74 EV-to-EBITDA is 25.85 as of Jul. 19, 2026, which is 64% above its 10-year median of 15.76. GuruFocus rates NTOIF with a GF Score™ of 74/100 and a GF Value™ of $21.08 (Significantly Overvalued). The stock has 10 warning signs investors should review. Among 761 Oil & Gas companies, Neste OYJ ranks worse than 89.49% on this metric.
EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, Neste OYJ's enterprise value is $32,294 Mil.
Neste OYJ's EBITDA for the trailing twelve months (TTM) ended in Mar. 2026 was $1,249 Mil. Therefore, Neste OYJ's EV-to-EBITDA for today is 25.85.
The historical rank and industry rank for Neste OYJ's EV-to-EBITDA or its related term are showing as below:
NTOIF'
s EV-to-EBITDA Range Over the Past 10 Years
Min: -174.9 Med: 15.76 Max: 604.54
Current: 26.38
During the past 13 years, the highest EV-to-EBITDA of Neste OYJ was 604.54. The lowest was -174.90. And the median was 15.76.
NTOIF's EV-to-EBITDA is ranked worse than 89.49% of 761
companies
in the Oil & Gas industry
Industry Median: 7.58
vs NTOIF: 26.38
EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio to determine the fair market value of a company.
The "classic" EV-to-EBITDA is much better in capturing debt and net cash than the PE Ratio (TTM).
Neste OYJ (OTCPK:NTOIF) EV-to-EBITDA Explanation
EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.
Neste OYJ's share price for today is $33.86.
Neste OYJ's Earnings per Share (Diluted) 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 $1.080.
* 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.
Study has found that the companies with the lowest EV-to-EBITDA outperforms companies measured as cheap by other ratios such as PE Ratio (TTM).
The historical data trend for Neste OYJ's EV-to-EBITDA 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.
For the Oil & Gas Refining & Marketing subindustry, Neste OYJ's EV-to-EBITDA, along with its competitors' market caps and EV-to-EBITDA 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-EBITDA vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Neste OYJ's EV-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Neste OYJ's EV-to-EBITDA falls into.
Neste OYJ's current Enterprise Value is $32,294 Mil.
Neste OYJ's EBITDA 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 (NTOIF) has a EV-to-EBITDA of 25.85 as of Jul. 19, 2026. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on Neste OYJ. This is 64% above median its historical median of 15.76. According to the industry distribution chart, Neste OYJ ranks #681 out of 761 companies in the Oil & Gas industry, placing it in the top 89.5%.
Is Neste OYJ's EV-to-EBITDA too high?
Neste OYJ's current EV-to-EBITDA of 25.85 is 64% above median its 10-year median of 15.76. The Oil & Gas industry median EV-to-EBITDA is 7.58. Neste OYJ's value of 25.85 is 241% above this industry median. Based on the distribution chart, Neste OYJ ranks #681 out of 761 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-EBITDA compare to VLO and MPC?
According to the Oil & Gas industry distribution chart, Neste OYJ ranks #681 out of 761 companies for EV-to-EBITDA. This places Neste OYJ in the lower half of its industry. The industry median EV-to-EBITDA is 7.58. Neste OYJ's value of 25.85 is 241% above this benchmark. While the company's 10-year median is 15.76 vs. the industry median of 7.58, 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-EBITDA for an Oil & Gas company?
The median EV-to-EBITDA among Oil & Gas companies is 7.58, based on 761 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-EBITDA significantly above this median, while those in the bottom quartile fall well below. However, EV-to-EBITDA should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Neste OYJ's current EV-to-EBITDA of 25.85 is 241% 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-EBITDA mean?
A high EV-to-EBITDA can signal that a stock is expensive relative to its fundamentals. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on Neste OYJ. For the Oil & Gas industry, the median EV-to-EBITDA is 7.58 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Neste OYJ's current EV-to-EBITDA is 25.85, which is 64% above median its own 10-year median of 15.76. 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 $21.08, compared to a current price of $33.86 — trading 60.6% above its estimated fair value. The current EV-to-EBITDA is 25.85, which is 64% above median its 10-year median of 15.76 and 241% above the Oil & Gas industry median of 7.58. 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-EBITDA calculated?
EV-to-EBITDA is calculated from a company's financial statements. For Neste OYJ (NTOIF), the current EV-to-EBITDA is 25.85 as of Jul. 19, 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 60.6% above its estimated GF Value™ of $21.08.
GuruFocus considers Neste OYJ to be Significantly Overvalued.
Key valuation signals for NTOIF:
EV-to-EBITDA: 25.85 (64% above median its 10-year median of 15.76)
GF Value™: $21.08 vs. price of $33.86 (60.6% above fair value)
Industry Position: 241% above the Oil & Gas median (#681 of 761)
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 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
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