Neste OYJNTOIY -2.93%78 ROA % is 12.53% as of Mar. 2026, which is 16% above its 10-year median of 10.83. GuruFocus rates NTOIY with a GF Score™ of 78/100 and a GF Value™ of $10.76 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 1,025 Oil & Gas companies, Neste OYJ ranks better than 66.24% on this metric.
ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Neste OYJ's annualizedNet Income for the quarter that ended in Mar. 2026 was $2,465 Mil.
Neste OYJ's average Total Assets over the quarter that ended in Mar. 2026 was $19,664 Mil. Therefore, Neste OYJ's annualized ROA % for the quarter that ended in Mar. 2026 was 12.53%.
The historical rank and industry rank for Neste OYJ's ROA % or its related term are showing as below:
NTOIY'
s ROA % Range Over the Past 10 Years
Min: -0.6 Med: 10.83 Max: 19.86
Current: 4.43
During the past 13 years, Neste OYJ's highest ROA % was 19.86%. The lowest was -0.60%. And the median was 10.83%.
NTOIY's ROA % is ranked better than 66.24% of 1025
companies
in the Oil & Gas industry
Industry Median: 1.89
vs NTOIY: 4.43
Neste OYJ (OTCPK:NTOIY) ROA % Explanation
ROA % measures the rate of return on the total assets (shareholder equity plus liabilities). It measures a firm's efficiency at generating profits from shareholders' equity plus its liabilities. ROA % shows how well a company uses what it has to generate earnings. ROA %s can vary drastically across industries. Therefore, ROA % should not be used to compare companies in different industries. For retailers, a ROA % of higher than 5% is expected. For example, Wal-Mart (WMT) has a ROA % of about 8% as of 2012. For banks, ROA % is close to their interest spread. A banks ROA % is typically well under 2%.
Similar to ROE, ROA % is affected by profit margins and asset turnover. This can be seen from the Du Pont Formula:
Note:
The Net Income data used here is four times the quarterly (Mar. 2026) net income data. The Revenue data used here is four times the quarterly (Mar. 2026) revenue data.
* 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.
Be Aware
Like ROE, ROA % is calculated with only 12 months data. Fluctuations in the company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective. ROA % can be affected by events such as stock buyback or issuance, and by goodwill, a company's tax rate and its interest payment. ROA % may not reflect the true earning power of the assets. A more accurate measurement is ROC % (ROC).
Many analysts argue the higher return the better. Buffett states that really high ROA % may indicate vulnerability in the durability of the competitive advantage.
E.g. Raising $43b to take on KO is impossible, but $1.7b to take on Moody's is. Although Moody's ROA % and underlying economics is far superior to Coca Cola, the durability is far weaker because of lower entry cost.
Neste OYJ ROA % Related Terms
Neste OYJ ROA % Historical Data
* Premium members only.
The historical data trend for Neste OYJ's ROA % 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 ROA %, along with its competitors' market caps and ROA % 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 ROA % vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Neste OYJ's ROA % distribution charts can be found below:
* The bar in red indicates where Neste OYJ's ROA % falls into.
* 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.
In the calculation of annual ROA %, the net income of the last fiscal year and the average total assets over the fiscal year are used. In calculating the quarterly data,
the Net Income data used here is four times the quarterly (Mar. 2026) net income data.
ROA % is displayed in the 30-year financial page.
Neste OYJ (NTOIY) has a ROA % of 12.53% as of Mar. 2026. Return on assets is the ratio of current-period net income to average two-period total assets. View historical data on Neste OYJ and its competitors. This is 16% above median its historical median of 10.83. According to the industry distribution chart, Neste OYJ ranks #346 out of 1025 companies in the Oil & Gas industry, placing it in the top 33.8%.
Is Neste OYJ's ROA % too high?
Neste OYJ's current ROA % of 12.53% is 16% above median its 10-year median of 10.83. The Oil & Gas industry median ROA % is 1.89. Neste OYJ's value of 12.53% is 563% above this industry median. Based on the distribution chart, Neste OYJ ranks #346 out of 1025 companies in the Oil & Gas industry, which is above the industry midpoint. Overall, Neste OYJ has a GF Score™ of 78/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Neste OYJ's ROA % compare to VLO and MPC?
According to the Oil & Gas industry distribution chart, Neste OYJ ranks #346 out of 1025 companies for ROA %. This puts Neste OYJ in the upper half of its industry. The industry median ROA % is 1.89. Neste OYJ's value of 12.53% is 563% above this benchmark. While the company's 10-year median is 10.83 vs. the industry median of 1.89, 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 ROA % for an Oil & Gas company?
The median ROA % among Oil & Gas companies is 1.89, based on 1,025 companies in the industry. Companies in the top quartile (top 25%) have a ROA % significantly above this median, while those in the bottom quartile fall well below. However, ROA % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Neste OYJ's current ROA % of 12.53% is 563% 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 ROA % mean?
A high ROA % can signal that a stock is expensive relative to its fundamentals. Return on assets is the ratio of current-period net income to average two-period total assets. View historical data on Neste OYJ and its competitors. For the Oil & Gas industry, the median ROA % is 1.89 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Neste OYJ's current ROA % is 12.53%, which is 16% above median its own 10-year median of 10.83. 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 (NTOIY) is currently considered Significantly Overvalued. The stock's GF Value™ is $10.76, compared to a current price of $14.89 — trading 38.4% above its estimated fair value. The current ROA % is 12.53%, which is 16% above median its 10-year median of 10.83 and 563% above the Oil & Gas industry median of 1.89. Neste OYJ's overall GF Score™ is 78/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROA % calculated?
ROA % is calculated from a company's financial statements. For Neste OYJ (NTOIY), the current ROA % is 12.53% 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 (NTOIY) Overvalued in 2026?
Based on GuruFocus' analysis, Neste OYJ stock appears to be overvalued.
The current stock price of $14.89 is trading 38.4% above its estimated GF Value™ of $10.76.
GuruFocus considers Neste OYJ to be Significantly Overvalued.
Key valuation signals for NTOIY:
ROA %: 12.53% (16% above median its 10-year median of 10.83)
GF Value™: $10.76 vs. price of $14.89 (38.4% above fair value)
Industry Position: 563% above the Oil & Gas median (#346 of 1025)
No single metric tells the full story. See the NTOIY 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.
78GF Score
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