Neste OYJMEX:NESTEN 80 Interest Coverage is 19.31 as of Mar. 2026, which is 18% below its 10-year median of 23.50. 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. Among 728 Oil & Gas companies, Neste OYJ ranks better than 55.08% on this metric.
Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's
Operating Income
by its Interest Expense. Neste OYJ's
Operating Income
for the
three
months ended in Mar. 2026 was MXN14,093 Mil. Neste OYJ's Interest Expense for the
three
months ended in Mar. 2026 was MXN-730 Mil.
Neste OYJ's interest coverage for the quarter that ended in Mar. 2026 was 19.31.
The higher the ratio, the stronger the company's financial strength is.
The historical rank and industry rank for Neste OYJ's Interest Coverage or its related term are showing as below:
MEX:NESTEN'
s Interest Coverage Range Over the Past 10 Years
Min: 0.09 Med: 23.5 Max: 48.59
Current: 7.22
MEX:NESTEN's Interest Coverage is ranked better than 55.08% of 728
companies
in the Oil & Gas industry
Industry Median: 5.885
vs MEX:NESTEN: 7.22
Ben Graham requires that a company has a minimum interest coverage of 5 with the companies he invested. If the interest coverage is less than 2, the company is burdened by debt. Any business slow or recession may drag the company into a situation where it cannot pay the interest on its debt.
Interest Coverage is an important factor when GuruFocus ranks a company's overage Financial Strength .
Neste OYJ Interest Coverage Related Terms
Neste OYJ Interest Coverage Historical Data
* Premium members only.
The historical data trend for Neste OYJ's Interest Coverage 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.
Note: For Interest Coverage, "No debt" indicates no long-term debt. An indication of "No Debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.
MEX:NESTEN vs VLO, MPC, PSX: Interest Coverage Comparison
For the Oil & Gas Refining & Marketing subindustry, Neste OYJ's Interest Coverage, along with its competitors' market caps and Interest Coverage 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 Interest Coverage vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Neste OYJ's Interest Coverage distribution charts can be found below:
* The bar in red indicates where Neste OYJ's Interest Coverage falls into.
Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income (EBIT) by its Interest Expense:
* 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 (MEX:NESTEN) has a Interest Coverage of 19.31 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Neste OYJ and its competitors. This is 18% below median its historical median of 23.50. Over the past decade, Neste OYJ's Interest Coverage has ranged from 0.09 to 48.59. According to the industry distribution chart, Neste OYJ ranks #327 out of 728 companies in the Oil & Gas industry, placing it in the top 44.9%.
Is Neste OYJ's Interest Coverage too high?
Neste OYJ's current Interest Coverage of 19.31 is 18% below median its 10-year median of 23.50. Over the past 10 years, this metric has ranged from a low of 0.09 to a high of 48.59. The Oil & Gas industry median Interest Coverage is 5.89. Neste OYJ's value of 19.31 is 228.1% above this industry median. Based on the distribution chart, Neste OYJ ranks #327 out of 728 companies in the Oil & Gas industry, which is above the industry midpoint. 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 Interest Coverage compare to VLO and MPC?
According to the Oil & Gas industry distribution chart, Neste OYJ ranks #327 out of 728 companies for Interest Coverage. This puts Neste OYJ in the upper half of its industry. The industry median Interest Coverage is 5.89. Neste OYJ's value of 19.31 is 228.1% above this benchmark. Historically, Neste OYJ's own Interest Coverage has ranged from 0.09 to 48.59 over the past decade. While the company's 10-year median is 23.50 vs. the industry median of 5.89, 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 Interest Coverage for an Oil & Gas company?
The median Interest Coverage among Oil & Gas companies is 5.89, based on 728 companies in the industry. Companies in the top quartile (top 25%) have a Interest Coverage significantly above this median, while those in the bottom quartile fall well below. However, Interest Coverage should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Neste OYJ's current Interest Coverage of 19.31 is 228.1% 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 Interest Coverage mean?
A high Interest Coverage can signal that a stock is expensive relative to its fundamentals. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Neste OYJ and its competitors. For the Oil & Gas industry, the median Interest Coverage is 5.89 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Neste OYJ's current Interest Coverage is 19.31, which is 18% below median its own 10-year median of 23.50. 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 Interest Coverage of 19.31. 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 Interest Coverage is 19.31, which is 18% below median its 10-year median of 23.50 and 228.1% above the Oil & Gas industry median of 5.89. 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 Interest Coverage calculated?
Interest Coverage is calculated from a company's financial statements. For Neste OYJ (MEX:NESTEN), the current Interest Coverage is 19.31 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:
Interest Coverage: 19.31 (18% below median its 10-year median of 23.50)
GF Value™: MXN412.25 vs. price of MXN593.47 (44% above fair value)
Industry Position: 228.1% above the Oil & Gas median (#327 of 728)
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 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.
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