NATIONAL GRID PLC-SP ADR (NGG) Fundamental Analysis & Valuation

NYSE:NGG • US6362744095

Current stock price

88.95 USD
-1.34 (-1.48%)
At close:
88.95 USD
0 (0%)
After Hours:

This NGG fundamental analysis includes valuation metrics, fair value assessment, financial health analysis, profitability trends, growth metrics and dividend sustainability analysis.

7

1. NGG Profitability Analysis

1.1 Basic Checks

  • In the past year NGG was profitable.
  • NGG had a positive operating cash flow in the past year.
  • NGG had positive earnings in each of the past 5 years.
  • Each year in the past 5 years NGG had a positive operating cash flow.
NGG Yearly Net Income VS EBIT VS OCF VS FCFNGG Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 2B -2B 4B 6B

1.2 Ratios

  • Looking at the Return On Assets, with a value of 2.77%, NGG belongs to the top of the industry, outperforming 88.46% of the companies in the same industry.
  • NGG has a Return On Equity of 7.72%. This is in the lower half of the industry: NGG underperforms 65.38% of its industry peers.
  • NGG has a Return On Invested Capital of 4.11%. This is in the better half of the industry: NGG outperforms 76.92% of its industry peers.
  • Measured over the past 3 years, the Average Return On Invested Capital for NGG is in line with the industry average of 3.75%.
Industry RankSector Rank
ROA 2.77%
ROE 7.72%
ROIC 4.11%
ROA(3y)4.49%
ROA(5y)3.68%
ROE(3y)13.91%
ROE(5y)11.98%
ROIC(3y)4.25%
ROIC(5y)4.02%
NGG Yearly ROA, ROE, ROICNGG Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 10 20 30

1.3 Margins

  • With an excellent Profit Margin value of 16.43%, NGG belongs to the best of the industry, outperforming 88.46% of the companies in the same industry.
  • In the last couple of years the Profit Margin of NGG has grown nicely.
  • The Operating Margin of NGG (29.57%) is better than 96.15% of its industry peers.
  • NGG's Operating Margin has improved in the last couple of years.
  • NGG has a better Gross Margin (87.92%) than 92.31% of its industry peers.
  • NGG's Gross Margin has been stable in the last couple of years.
Industry RankSector Rank
OM 29.57%
PM (TTM) 16.43%
GM 87.92%
OM growth 3Y9.26%
OM growth 5Y3.21%
PM growth 3Y7.01%
PM growth 5Y12.68%
GM growth 3Y1.78%
GM growth 5Y0.92%
NGG Yearly Profit, Operating, Gross MarginsNGG Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 20 40 60 80

3

2. NGG Health Analysis

2.1 Basic Checks

  • With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), NGG is destroying value.
  • Compared to 1 year ago, NGG has more shares outstanding
  • Compared to 5 years ago, NGG has more shares outstanding
  • Compared to 1 year ago, NGG has an improved debt to assets ratio.
NGG Yearly Shares OutstandingNGG Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 200M 400M 600M 800M
NGG Yearly Total Debt VS Total AssetsNGG Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 20B 40B 60B 80B 100B

2.2 Solvency

  • Based on the Altman-Z score of 1.46, we must say that NGG is in the distress zone and has some risk of bankruptcy.
  • With an excellent Altman-Z score value of 1.46, NGG belongs to the best of the industry, outperforming 100.00% of the companies in the same industry.
  • NGG has a Debt/Equity ratio of 1.14. This is a high value indicating a heavy dependency on external financing.
  • With an excellent Debt to Equity ratio value of 1.14, NGG belongs to the best of the industry, outperforming 92.31% of the companies in the same industry.
Industry RankSector Rank
Debt/Equity 1.14
Debt/FCF N/A
Altman-Z 1.46
ROIC/WACC0.58
WACC7.14%
NGG Yearly LT Debt VS Equity VS FCFNGG Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 10B 20B 30B 40B

2.3 Liquidity

  • A Current Ratio of 0.97 indicates that NGG may have some problems paying its short term obligations.
  • NGG has a better Current ratio (0.97) than 61.54% of its industry peers.
  • A Quick Ratio of 0.90 indicates that NGG may have some problems paying its short term obligations.
  • NGG's Quick ratio of 0.90 is amongst the best of the industry. NGG outperforms 84.62% of its industry peers.
Industry RankSector Rank
Current Ratio 0.97
Quick Ratio 0.9
NGG Yearly Current Assets VS Current LiabilitesNGG Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 5B 10B 15B 20B

4

3. NGG Growth Analysis

3.1 Past

  • NGG shows a slight negative growth in Earnings Per Share. In the last year, the EPS has decreased by -7.56%.
  • NGG shows a small growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 7.68% yearly.
  • The Revenue has decreased by -9.52% in the past year.
  • Measured over the past years, NGG shows a small growth in Revenue. The Revenue has been growing by 4.80% on average per year.
EPS 1Y (TTM)-7.56%
EPS 3Y9.11%
EPS 5Y7.68%
EPS Q2Q%6.05%
Revenue 1Y (TTM)-9.52%
Revenue growth 3Y0.21%
Revenue growth 5Y4.8%
Sales Q2Q%-11.25%

3.2 Future

  • Based on estimates for the next years, NGG will show a quite strong growth in Earnings Per Share. The EPS will grow by 8.34% on average per year.
  • NGG is expected to show quite a strong growth in Revenue. In the coming years, the Revenue will grow by 9.22% yearly.
EPS Next Y9.1%
EPS Next 2Y10.83%
EPS Next 3Y10.07%
EPS Next 5Y8.34%
Revenue Next Year-6.77%
Revenue Next 2Y1.57%
Revenue Next 3Y3.77%
Revenue Next 5Y9.22%

3.3 Evolution

  • When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is stable.
  • When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
NGG Yearly Revenue VS EstimatesNGG Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 2031 10B 20B 30B
NGG Yearly EPS VS EstimatesNGG Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 2031 1 2 3 4 5

3

4. NGG Valuation Analysis

4.1 Price/Earnings Ratio

  • A Price/Earnings ratio of 17.75 indicates a rather expensive valuation of NGG.
  • Compared to the rest of the industry, the Price/Earnings ratio of NGG indicates a somewhat cheap valuation: NGG is cheaper than 61.54% of the companies listed in the same industry.
  • The average S&P500 Price/Earnings ratio is at 27.18. NGG is valued slightly cheaper when compared to this.
  • Based on the Price/Forward Earnings ratio of 14.79, the valuation of NGG can be described as correct.
  • 69.23% of the companies in the same industry are more expensive than NGG, based on the Price/Forward Earnings ratio.
  • Compared to an average S&P500 Price/Forward Earnings ratio of 37.96, NGG is valued rather cheaply.
Industry RankSector Rank
PE 17.75
Fwd PE 14.79
NGG Price Earnings VS Forward Price EarningsNGG Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 10 20 30

4.2 Price Multiples

  • Based on the Enterprise Value to EBITDA ratio, NGG is valued a bit more expensive than the industry average as 73.08% of the companies are valued more cheaply.
Industry RankSector Rank
P/FCF N/A
EV/EBITDA 13.6
NGG Per share dataNGG EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 0 10 20 30 40 50

4.3 Compensation for Growth

  • The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates NGG does not grow enough to justify the current Price/Earnings ratio.
  • The decent profitability rating of NGG may justify a higher PE ratio.
PEG (NY)1.95
PEG (5Y)2.31
EPS Next 2Y10.83%
EPS Next 3Y10.07%

5

5. NGG Dividend Analysis

5.1 Amount

  • With a Yearly Dividend Yield of 3.50%, NGG has a reasonable but not impressive dividend return.
  • NGG's Dividend Yield is a higher than the industry average which is at 3.29.
  • NGG's Dividend Yield is rather good when compared to the S&P500 average which is at 1.82.
Industry RankSector Rank
Dividend Yield 3.5%

5.2 History

  • On average, the dividend of NGG grows each year by 10.55%, which is quite nice.
  • NGG has been paying a dividend for at least 10 years, so it has a reliable track record.
Dividend Growth(5Y)10.55%
Div Incr Years0
Div Non Decr Years0
NGG Yearly Dividends per shareNGG Yearly Dividends per shareYearly Dividends per share 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2 4 6

5.3 Sustainability

  • 56.13% of the earnings are spent on dividend by NGG. This is a bit on the high side, but may be sustainable.
  • NGG's earnings are growing slower than its dividend. This means the dividend growth is not sustainable.
DP56.13%
EPS Next 2Y10.83%
EPS Next 3Y10.07%
NGG Yearly Income VS Free CF VS DividendNGG Yearly Income VS Free CF VS DividendYearly Income VS Free CF VS Dividend 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 2B -2B 4B 6B
NGG Dividend Payout.NGG Dividend Payout, showing the Payout Ratio.NGG Dividend Payout.PayoutRetained Earnings

NGG Fundamentals: All Metrics, Ratios and Statistics

NATIONAL GRID PLC-SP ADR

NYSE:NGG (4/13/2026, 8:04:00 PM)

After market: 88.95 0 (0%)

88.95

-1.34 (-1.48%)

Chartmill FA Rating
GICS SectorUtilities
GICS IndustryGroupUtilities
GICS IndustryMulti-Utilities
Earnings (Last)11-06
Earnings (Next)05-14
Inst Owners55.65%
Inst Owner Change0.07%
Ins Owners0.1%
Ins Owner ChangeN/A
Market Cap88.48B
Revenue(TTM)17.48B
Net Income(TTM)2.87B
Analysts75.83
Price Target92.87 (4.41%)
Short Float %0.17%
Short Ratio1.37
Dividend
Industry RankSector Rank
Dividend Yield 3.5%
Yearly Dividend2.37
Dividend Growth(5Y)10.55%
DP56.13%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)N/A
Avg EPS beat(2)N/A
Min EPS beat(2)N/A
Max EPS beat(2)N/A
EPS beat(4)N/A
Avg EPS beat(4)N/A
Min EPS beat(4)N/A
Max EPS beat(4)N/A
EPS beat(8)N/A
Avg EPS beat(8)N/A
EPS beat(12)N/A
Avg EPS beat(12)N/A
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)N/A
Avg Revenue beat(2)N/A
Min Revenue beat(2)N/A
Max Revenue beat(2)N/A
Revenue beat(4)N/A
Avg Revenue beat(4)N/A
Min Revenue beat(4)N/A
Max Revenue beat(4)N/A
Revenue beat(8)N/A
Avg Revenue beat(8)N/A
Revenue beat(12)N/A
Avg Revenue beat(12)N/A
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)7.25%
PT rev (3m)13.53%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)0.07%
EPS NY rev (3m)-0.29%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)-0.34%
Revenue NY rev (3m)-0.08%
Valuation
Industry RankSector Rank
PE 17.75
Fwd PE 14.79
P/S 3.77
P/FCF N/A
P/OCF 8.35
P/B 1.77
P/tB 2.73
EV/EBITDA 13.6
EPS(TTM)5.01
EY5.63%
EPS(NY)6.01
Fwd EY6.76%
FCF(TTM)-2.54
FCFYN/A
OCF(TTM)10.65
OCFY11.98%
SpS23.59
BVpS50.18
TBVpS32.62
PEG (NY)1.95
PEG (5Y)2.31
Graham Number75.21
Profitability
Industry RankSector Rank
ROA 2.77%
ROE 7.72%
ROCE 5.47%
ROIC 4.11%
ROICexc 4.29%
ROICexgc 5.01%
OM 29.57%
PM (TTM) 16.43%
GM 87.92%
FCFM N/A
ROA(3y)4.49%
ROA(5y)3.68%
ROE(3y)13.91%
ROE(5y)11.98%
ROIC(3y)4.25%
ROIC(5y)4.02%
ROICexc(3y)4.48%
ROICexc(5y)4.23%
ROICexgc(3y)5.3%
ROICexgc(5y)5%
ROCE(3y)5.75%
ROCE(5y)5.44%
ROICexgc growth 3Y-2.54%
ROICexgc growth 5Y-0.66%
ROICexc growth 3Y-0.77%
ROICexc growth 5Y-1.18%
OM growth 3Y9.26%
OM growth 5Y3.21%
PM growth 3Y7.01%
PM growth 5Y12.68%
GM growth 3Y1.78%
GM growth 5Y0.92%
F-Score5
Asset Turnover0.17
Health
Industry RankSector Rank
Debt/Equity 1.14
Debt/FCF N/A
Debt/EBITDA 5.5
Cap/Depr 387.71%
Cap/Sales 55.95%
Interest Coverage 2.7
Cash Conversion 102.64%
Profit Quality N/A
Current Ratio 0.97
Quick Ratio 0.9
Altman-Z 1.46
F-Score5
WACC7.14%
ROIC/WACC0.58
Cap/Depr(3y)361.46%
Cap/Depr(5y)334.74%
Cap/Sales(3y)40%
Cap/Sales(5y)37.08%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-7.56%
EPS 3Y9.11%
EPS 5Y7.68%
EPS Q2Q%6.05%
EPS Next Y9.1%
EPS Next 2Y10.83%
EPS Next 3Y10.07%
EPS Next 5Y8.34%
Revenue 1Y (TTM)-9.52%
Revenue growth 3Y0.21%
Revenue growth 5Y4.8%
Sales Q2Q%-11.25%
Revenue Next Year-6.77%
Revenue Next 2Y1.57%
Revenue Next 3Y3.77%
Revenue Next 5Y9.22%
EBIT growth 1Y-1.73%
EBIT growth 3Y9.49%
EBIT growth 5Y8.16%
EBIT Next Year53.5%
EBIT Next 3Y24.93%
EBIT Next 5Y19.13%
FCF growth 1Y-629.77%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y8.99%
OCF growth 3Y2.21%
OCF growth 5Y7.68%

NATIONAL GRID PLC-SP ADR / NGG Fundamental Analysis FAQ

What is the fundamental rating for NGG stock?

ChartMill assigns a fundamental rating of 5 / 10 to NGG.


Can you provide the valuation status for NATIONAL GRID PLC-SP ADR?

ChartMill assigns a valuation rating of 3 / 10 to NATIONAL GRID PLC-SP ADR (NGG). This can be considered as Overvalued.


How profitable is NATIONAL GRID PLC-SP ADR (NGG) stock?

NATIONAL GRID PLC-SP ADR (NGG) has a profitability rating of 7 / 10.


Can you provide the expected EPS growth for NGG stock?

The Earnings per Share (EPS) of NATIONAL GRID PLC-SP ADR (NGG) is expected to grow by 9.1% in the next year.


Is the dividend of NATIONAL GRID PLC-SP ADR sustainable?

The dividend rating of NATIONAL GRID PLC-SP ADR (NGG) is 5 / 10 and the dividend payout ratio is 56.13%.