Neste OYJ (MEX:NESTEN) ROCE %: 21.73% (As of Mar. 2026)


MEX:NESTEN Neste OYJ MEX:NESTEN
80 GF Score
Price MXN593.47
GF Value MXN412.25
! 6 Warning Signs
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What is Neste OYJ ROCE %?

Neste OYJ MEX:NESTEN 80 ROCE % is 21.73% 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.

ROCE % measures how well a company generates profits from its capital. It is calculated as EBIT divided by Capital Employed, where Capital Employed is calculated as Total Assets minus Total Current Liabilities. Neste OYJ's annualized ROCE % for the quarter that ended in Mar. 2026 was 21.73%.

Neste OYJ  (MEX:NESTEN) ROCE % Explanation

ROCE % can be especially useful when comparing the performance of capital-intensive companies. Unlike ROE %, which indicates the profitability of Shareholders Equity, ROCE % also considers long-term debt in Capital Employed. This can be helpful when analyzing companies with significant debt, as the result is neutralized by taking debt into consideration.

Generally speaking, a higher ROCE % indicates a stonger profitability for a company. Moreover, it is important to look at the ratio from a long term perspective. Investors tend to favor companies with stable and rising ROCE % trend over those with volatile ones.

Neste OYJ ROCE % Related Terms

Neste OYJ ROCE % Historical Data

* Premium members only.

The historical data trend for Neste OYJ's ROCE % 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 ROCE % Chart

Neste OYJ Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 23.67 22.02 13.78 0.30 2.75

Neste OYJ Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
ROCE % 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 -0.74 -0.44 6.02 6.21 21.73
MEX:NESTEN
80GF Score
Neste OYJ MEX:NESTEN
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Neste OYJ ROCE % Calculation

Neste OYJ's annualized ROCE % for the fiscal year that ended in Dec. 2025 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=7379.385/( ( (340264.567 - 70101.358) + (332051.252 - 65044.01) )/ 2 )
=7379.385/( (270163.209+267007.242)/ 2 )
=7379.385/268585.2255
=2.75 %

Neste OYJ's ROCE % of for the quarter that ended in Mar. 2026 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=58455.132/( ( (332051.252 - 65044.01) + (376643.689 - 105569.471) )/ 2 )
=58455.132/( ( 267007.242 + 271074.218 )/ 2 )
=58455.132/269040.73
=21.73 %

(1) Note: The EBIT data used here is four times the quarterly (Mar. 2026) EBIT 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.

Frequently Asked Questions Learn more about ROCE % →
What does a ROCE % of 21.73% mean?
Neste OYJ (MEX:NESTEN) has a ROCE % of 21.73% as of Mar. 2026.
Is Neste OYJ's ROCE % too high?
Neste OYJ's current ROCE % is 21.73%. The Oil & Gas industry median ROCE % is 6.79. Neste OYJ's value of 21.73% is 220% above this industry median. 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 ROCE % compare to VLO and MPC?
Neste OYJ's ROCE % of 21.73% can be compared against companies in the Oil & Gas industry. The industry median ROCE % is 6.79. Neste OYJ's value of 21.73% is 220% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROCE % for an Oil & Gas company?
The median ROCE % among Oil & Gas companies is 6.79, based on 977 companies in the industry. Companies in the top quartile (top 25%) have a ROCE % significantly above this median, while those in the bottom quartile fall well below. However, ROCE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Neste OYJ's current ROCE % of 21.73% is 220% 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 ROCE % mean?
A high ROCE % can signal that a stock is expensive relative to its fundamentals. For the Oil & Gas industry, the median ROCE % is 6.79 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Neste OYJ's current ROCE % is 21.73%. 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?
Neste OYJ (MEX:NESTEN) has a current ROCE % of 21.73%. 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 ROCE % is 21.73% and 220% above the Oil & Gas industry median of 6.79. 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 ROCE % calculated?
ROCE % is calculated from a company's financial statements. For Neste OYJ (MEX:NESTEN), the current ROCE % is 21.73% 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:

  • ROCE %: 21.73%
  • GF Value™: MXN412.25 vs. price of MXN593.47 (44% above fair value)
  • GF Score™: 80/100 with 6 warning signs
  • Industry Position: 220% above the Oil & Gas median

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

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

MXN593.47
Price
MXN412.25
GF Value