Is Neste’s upcoming (?) competitor/partner familiar to experts? It’s small, but perhaps its turnover and profits will grow rapidly, and it’s still cheap (?). Debt is moderate. What are the risks besides its size? Biden is probably a plus.
I’d suggest that a company-specific thread should be opened when you want to present a company in more depth, or otherwise bring added value to the discussion, for example, by separating a company that generates lively discussion from an industry-specific thread into its own.
I bet this question would be best asked here: Technological Development and Investment Opportunities in the Energy Sector
The thread is widely followed/active, and not everyone might pay attention to a new thread, especially if the company mentioned in the title is not familiar. So, in short: you might get more bites there ![]()
P.S. On my phone, moving/copying isn’t possible right now.
P.P.S. Welcome to the forum!
Thanks for the tip. Searching for the company didn’t bring up many answers, and my knowledge isn’t at the level of the chain’s responses, at least not yet.
The other is Enphase. Really expensive, bubble? If you’re an expert or know any, could you pass it on to the knowledgeable ones
Take a breath, put the keyboard aside, grab the mouse, and start browsing the forum. You’ll find a massive amount of information here, and at the same time, you’ll get familiar with the “local customs” in addition to the actual rules.
When you want to ask a question, try to think which thread it would best fit into, and structure the question as well as you can. “Why do the companies I know rise more than Tesla” is a bit too broad to chew on right off the bat ![]()
This can probably be locked, ping @Johannes_Sippola @Verneri_Pulkkinen
Old story from 2014
https://www.neste.com/fi/neste-oil-ja-renewable-energy-group-sopimukseen-nexbtl-patenttien-lisensioinnista
This might be interesting to others as well. It doesn’t cost much and is rising quite sharply. American Neste? It would be nice to follow the professionals’ evaluations of the company’s future.
Looks like about 4 USD EPS, so P/E around 25, right? A year ago there was some surprise earnings thing around 11.50 USD, when 0.02 was expected!
Ansa is in Q4 2019 revenue. REG has received a retroactive lump-sum excise tax credit of $499.4M for the years 2017-2018 (BTC, https://www.eia.gov/todayinenergy/detail.php?id=42616). This is a $1/gallon subsidy paid to biodiesel producers/sellers. This tax credit has been recorded as revenue.
For the 2020 results, the BTC tax credit is recorded as a retroactive credit based on 2019 sales:
BTC benefits are allocated to the respective periods when associated gallons were sold for 2019.
Due to the above, Q4 2019 EPS of $11.50 and TTM EPS of $13.85 should not be used to calculate the P/E ratio.
A better picture can be obtained by calculating EPS from Q1 - Q3 2020 figures: ($1.72 + $0.02 + $0.60)/3*4 = $3.21. Backward-looking (Q1 - Q3 2020) P/E = $100.53 / $3.21 = 31.29.
The BTC tax credit is valid until the end of 2022 and is therefore included in the results for the years 2020-2023. There is no information about its continuation after 2022, but it would be quite extraordinary if the current administration were to remove it.
