NATIONAL GRID PLC-SP ADR (NGG) Fundamental Analysis & Valuation
NYSE:NGG • US6362744095
Current stock price
87.52 USD
+0.46 (+0.53%)
At close:
87.52 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.
1. NGG Profitability Analysis
1.1 Basic Checks
- NGG had positive earnings in the past year.
- In the past year NGG had a positive cash flow from operations.
- Each year in the past 5 years NGG has been profitable.
- NGG had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
- The Return On Assets of NGG (2.77%) is better than 88.46% of its industry peers.
- NGG's Return On Equity of 7.72% is on the low side compared to the rest of the industry. NGG is outperformed by 65.38% of its industry peers.
- NGG's Return On Invested Capital of 4.11% is fine compared to the rest of the industry. NGG outperforms 76.92% of its industry peers.
- NGG had an Average Return On Invested Capital over the past 3 years of 4.25%. This is in line with the industry average of 3.74%.
| Industry Rank | Sector 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%
1.3 Margins
- NGG's Profit Margin of 16.43% is amongst the best of the industry. NGG outperforms 88.46% of its industry peers.
- In the last couple of years the Profit Margin of NGG has grown nicely.
- NGG has a better Operating Margin (29.57%) than 96.15% of its industry peers.
- In the last couple of years the Operating Margin of NGG has grown nicely.
- NGG has a Gross Margin of 87.92%. This is amongst the best in the industry. NGG outperforms 92.31% of its industry peers.
- In the last couple of years the Gross Margin of NGG has remained more or less at the same level.
| Industry Rank | Sector 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%
2. NGG Health Analysis
2.1 Basic Checks
- NGG has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
- NGG has more shares outstanding than it did 1 year ago.
- The number of shares outstanding for NGG has been increased compared to 5 years ago.
- NGG has a better debt/assets ratio than last year.
2.2 Solvency
- NGG has an Altman-Z score of 1.46. This is a bad value and indicates that NGG is not financially healthy and even has some risk of bankruptcy.
- NGG has a Altman-Z score of 1.46. This is amongst the best in the industry. NGG outperforms 100.00% of its industry peers.
- NGG has a Debt/Equity ratio of 1.14. This is a high value indicating a heavy dependency on external financing.
- The Debt to Equity ratio of NGG (1.14) is better than 92.31% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.14 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 1.46 |
ROIC/WACC0.58
WACC7.12%
2.3 Liquidity
- NGG has a Current Ratio of 0.97. This is a bad value and indicates that NGG is not financially healthy enough and could expect problems in meeting its short term obligations.
- With a decent Current ratio value of 0.97, NGG is doing good in the industry, outperforming 61.54% of the companies in the same industry.
- NGG has a Quick Ratio of 0.97. This is a bad value and indicates that NGG is not financially healthy enough and could expect problems in meeting its short term obligations.
- With an excellent Quick ratio value of 0.90, NGG belongs to the best of the industry, outperforming 84.62% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.97 | ||
| Quick Ratio | 0.9 |
3. NGG Growth Analysis
3.1 Past
- The earnings per share for NGG have decreased by -7.56% in the last year.
- The Earnings Per Share has been growing slightly by 7.68% on average over the past years.
- Looking at the last year, NGG shows a decrease in Revenue. The Revenue has decreased by -9.52% in the last year.
- NGG shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 4.80% yearly.
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
- The Earnings Per Share is expected to grow by 8.34% on average over the next years. This is quite good.
- 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 Y8.98%
EPS Next 2Y10.22%
EPS Next 3Y9.24%
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.
4. NGG Valuation Analysis
4.1 Price/Earnings Ratio
- A Price/Earnings ratio of 17.75 indicates a rather expensive valuation of NGG.
- Based on the Price/Earnings ratio, NGG is valued a bit cheaper than 61.54% of the companies in the same industry.
- When comparing the Price/Earnings ratio of NGG to the average of the S&P500 Index (26.21), we can say NGG is valued slightly cheaper.
- With a Price/Forward Earnings ratio of 14.95, NGG is valued correctly.
- NGG's Price/Forward Earnings ratio is a bit cheaper when compared to the industry. NGG is cheaper than 69.23% of the companies in the same industry.
- When comparing the Price/Forward Earnings ratio of NGG to the average of the S&P500 Index (23.10), we can say NGG is valued slightly cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 17.75 | ||
| Fwd PE | 14.95 |
4.2 Price Multiples
- 69.23% of the companies in the same industry are cheaper than NGG, based on the Enterprise Value to EBITDA ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 13.55 |
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)1.98
PEG (5Y)2.31
EPS Next 2Y10.22%
EPS Next 3Y9.24%
5. NGG Dividend Analysis
5.1 Amount
- NGG has a Yearly Dividend Yield of 3.82%.
- NGG's Dividend Yield is a higher than the industry average which is at 3.45.
- Compared to an average S&P500 Dividend Yield of 1.89, NGG pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.82% |
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
5.3 Sustainability
- NGG pays out 56.13% of its income as dividend. This is a bit on the high side, but may be sustainable.
- The dividend of NGG is growing, but the earnings are growing slower. This means the dividend growth is not sustainable.
DP56.13%
EPS Next 2Y10.22%
EPS Next 3Y9.24%
NGG Fundamentals: All Metrics, Ratios and Statistics
87.52
+0.46 (+0.53%)
Chartmill FA Rating
GICS SectorUtilities
GICS IndustryGroupUtilities
GICS IndustryMulti-Utilities
Earnings (Last)11-06 2025-11-06/bmo
Earnings (Next)05-14 2026-05-14/amc
Inst Owners57.81%
Inst Owner Change-0.01%
Ins Owners0.1%
Ins Owner ChangeN/A
Market Cap87.02B
Revenue(TTM)17.48B
Net Income(TTM)2.87B
Analysts75.83
Price Target86.59 (-1.06%)
Short Float %0.17%
Short Ratio1.37
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.82% |
Yearly Dividend2.33
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)0%
PT rev (3m)5.86%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)0%
EPS NY rev (3m)-0.36%
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 Rank | Sector Rank | ||
|---|---|---|---|
| PE | 17.75 | ||
| Fwd PE | 14.95 | ||
| P/S | 3.77 | ||
| P/FCF | N/A | ||
| P/OCF | 8.34 | ||
| P/B | 1.77 | ||
| P/tB | 2.72 | ||
| EV/EBITDA | 13.55 |
EPS(TTM)4.93
EY5.63%
EPS(NY)5.86
Fwd EY6.69%
FCF(TTM)-2.51
FCFYN/A
OCF(TTM)10.49
OCFY11.99%
SpS23.22
BVpS49.41
TBVpS32.12
PEG (NY)1.98
PEG (5Y)2.31
Graham Number74.03
Profitability
| Industry Rank | Sector 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 Rank | Sector 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
WACC7.12%
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 Y8.98%
EPS Next 2Y10.22%
EPS Next 3Y9.24%
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 Year54.17%
EBIT Next 3Y24.85%
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 8.98% 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%.