Neste OYJMEX:NESTEN 80 ROE % is 28.25% as of Mar. 2026, which is 42% above its 10-year median of 19.96. 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 957 Oil & Gas companies, Neste OYJ ranks better than 62.9% on this metric.
ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Neste OYJ's annualized net income for the quarter that ended in Mar. 2026 was MXN44,446 Mil. Neste OYJ's average Total Stockholders Equity over the quarter that ended in Mar. 2026 was MXN157,334 Mil. Therefore, Neste OYJ's annualized ROE % for the quarter that ended in Mar. 2026 was 28.25%.
The historical rank and industry rank for Neste OYJ's ROE % or its related term are showing as below:
MEX:NESTEN'
s ROE % Range Over the Past 10 Years
Min: -1.2 Med: 19.96 Max: 33.95
Current: 9.77
During the past 13 years, Neste OYJ's highest ROE % was 33.95%. The lowest was -1.20%. And the median was 19.96%.
MEX:NESTEN's ROE % is ranked better than 62.9% of 957
companies
in the Oil & Gas industry
Industry Median: 5.74
vs MEX:NESTEN: 9.77
Neste OYJ (MEX:NESTEN) ROE % Explanation
ROE % measures the rate of return on the ownership interest (shareholder's equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' equity (also known as net assets or assets minus liabilities). ROE % shows how well a company uses investment funds to generate earnings growth. ROE %s between 15% and 20% are considered desirable.
The factors that affect a company's ROE % can be illustrated with the three-step DuPont Analysis:
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. The same rule applies to Pre-Tax Income and Operating Income.
* In the five-step DuPont Analysis, Operating Income is only available for non-financial companies. Thus, for Insurance companies, we use EBIT as a substitution of Operating Income. For Banks, both Operating Income and EBIT is unavailable. Thus we combined Interest Burden and Operating Margin % into Pretax Margin %, and the DuPont Analysis is divided into four components instead.
* 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
Net Income is used.
Because a company can increase its ROE % by having more financial leverage, it is important to watch the equity multiplier when investing in high ROE % companies. Like ROA %, ROE % is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.
Asset light businesses require very few assets to generate very high earnings. Their ROE %s can be extremely high.
Neste OYJ ROE % Related Terms
Neste OYJ ROE % Historical Data
* Premium members only.
The historical data trend for Neste OYJ's ROE % 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 ROE %, along with its competitors' market caps and ROE % 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 ROE % vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Neste OYJ's ROE % distribution charts can be found below:
* The bar in red indicates where Neste OYJ's ROE % 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 ROE %, the net income of the last fiscal year and the average total shareholder equity 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.
ROE % is displayed in the 30-year financial page.
Neste OYJ (MEX:NESTEN) has a ROE % of 28.25% as of Mar. 2026. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Neste OYJ and its competitors. This is 42% above median its historical median of 19.96. According to the industry distribution chart, Neste OYJ ranks #355 out of 957 companies in the Oil & Gas industry, placing it in the top 37.1%.
Is Neste OYJ's ROE % too high?
Neste OYJ's current ROE % of 28.25% is 42% above median its 10-year median of 19.96. The Oil & Gas industry median ROE % is 5.74. Neste OYJ's value of 28.25% is 392.2% above this industry median. Based on the distribution chart, Neste OYJ ranks #355 out of 957 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 ROE % compare to VLO and MPC?
According to the Oil & Gas industry distribution chart, Neste OYJ ranks #355 out of 957 companies for ROE %. This puts Neste OYJ in the upper half of its industry. The industry median ROE % is 5.74. Neste OYJ's value of 28.25% is 392.2% above this benchmark. While the company's 10-year median is 19.96 vs. the industry median of 5.74, 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 ROE % for an Oil & Gas company?
The median ROE % among Oil & Gas companies is 5.74, based on 957 companies in the industry. Companies in the top quartile (top 25%) have a ROE % significantly above this median, while those in the bottom quartile fall well below. However, ROE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Neste OYJ's current ROE % of 28.25% is 392.2% 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 ROE % mean?
A high ROE % can signal that a stock is expensive relative to its fundamentals. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Neste OYJ and its competitors. For the Oil & Gas industry, the median ROE % is 5.74 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Neste OYJ's current ROE % is 28.25%, which is 42% above median its own 10-year median of 19.96. 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 ROE % of 28.25%. 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 ROE % is 28.25%, which is 42% above median its 10-year median of 19.96 and 392.2% above the Oil & Gas industry median of 5.74. 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 ROE % calculated?
ROE % is calculated from a company's financial statements. For Neste OYJ (MEX:NESTEN), the current ROE % is 28.25% 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:
ROE %: 28.25% (42% above median its 10-year median of 19.96)
GF Value™: MXN412.25 vs. price of MXN593.47 (44% above fair value)
Industry Position: 392.2% above the Oil & Gas median (#355 of 957)
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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