NORTHWEST NATURAL HOLDING CO (NWN) Stock Fundamental Analysis
USA - NYSE:NWN - US66765N1054 - Common Stock
45.97 USD
-0.76 (-1.63%)
Taking everything into account, NWN scores 3 out of 10 in our fundamental rating. NWN was compared to 14 industry peers in the Gas Utilities industry. There are concerns on the financial health of NWN while its profitability can be described as average. NWN is not valued too expensively and it also shows a decent growth rate. Finally NWN also has an excellent dividend rating.
1. Profitability
1.1 Basic Checks
NWN had positive earnings in the past year.
NWN had a positive operating cash flow in the past year.
NWN had positive earnings in each of the past 5 years.
In the past 5 years NWN always reported a positive cash flow from operatings.
1.2 Ratios
NWN has a worse Return On Assets (1.78%) than 78.57% of its industry peers.
NWN has a worse Return On Equity (7.08%) than 78.57% of its industry peers.
The Return On Invested Capital of NWN (3.43%) is worse than 92.86% of its industry peers.
The Average Return On Invested Capital over the past 3 years for NWN is below the industry average of 6.32%.
The 3 year average ROIC (3.03%) for NWN is below the current ROIC(3.43%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.78% | ||
| ROE | 7.08% | ||
| ROIC | 3.43% |
ROA(3y)1.75%
ROA(5y)1.85%
ROE(3y)6.78%
ROE(5y)7.48%
ROIC(3y)3.03%
ROIC(5y)3.09%
1.3 Margins
NWN has a Profit Margin (8.34%) which is in line with its industry peers.
NWN's Profit Margin has declined in the last couple of years.
NWN has a Operating Margin of 19.96%. This is comparable to the rest of the industry: NWN outperforms 50.00% of its industry peers.
In the last couple of years the Operating Margin of NWN has remained more or less at the same level.
NWN has a Gross Margin (63.68%) which is in line with its industry peers.
In the last couple of years the Gross Margin of NWN has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 19.96% | ||
| PM (TTM) | 8.34% | ||
| GM | 63.68% |
OM growth 3Y-4.37%
OM growth 5Y-0.3%
PM growth 3Y-9.23%
PM growth 5Y-3.72%
GM growth 3Y-1.06%
GM growth 5Y0.22%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), NWN is destroying value.
Compared to 1 year ago, NWN has more shares outstanding
Compared to 5 years ago, NWN has more shares outstanding
The debt/assets ratio for NWN is higher compared to a year ago.
2.2 Solvency
Based on the Altman-Z score of 0.68, we must say that NWN is in the distress zone and has some risk of bankruptcy.
Looking at the Altman-Z score, with a value of 0.68, NWN is doing worse than 71.43% of the companies in the same industry.
NWN has a Debt/Equity ratio of 1.54. This is a high value indicating a heavy dependency on external financing.
NWN's Debt to Equity ratio of 1.54 is on the low side compared to the rest of the industry. NWN is outperformed by 78.57% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.54 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 0.68 |
ROIC/WACC0.58
WACC5.96%
2.3 Liquidity
A Current Ratio of 0.68 indicates that NWN may have some problems paying its short term obligations.
NWN has a Current ratio (0.68) which is comparable to the rest of the industry.
A Quick Ratio of 0.52 indicates that NWN may have some problems paying its short term obligations.
NWN has a Quick ratio (0.52) which is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.68 | ||
| Quick Ratio | 0.52 |
3. Growth
3.1 Past
NWN shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 32.57%, which is quite impressive.
NWN shows a decrease in Earnings Per Share. Measured over the last years, the EPS has been decreasing by -0.09% yearly.
The Revenue has grown by 8.40% in the past year. This is quite good.
NWN shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 9.09% yearly.
EPS 1Y (TTM)32.57%
EPS 3Y-3.23%
EPS 5Y-0.09%
EPS Q2Q%114.29%
Revenue 1Y (TTM)8.4%
Revenue growth 3Y10.25%
Revenue growth 5Y9.09%
Sales Q2Q%11.56%
3.2 Future
The Earnings Per Share is expected to grow by 8.16% on average over the next years. This is quite good.
Based on estimates for the next years, NWN will show a small growth in Revenue. The Revenue will grow by 5.10% on average per year.
EPS Next Y26.79%
EPS Next 2Y14.76%
EPS Next 3Y12.38%
EPS Next 5Y8.16%
Revenue Next Year13.52%
Revenue Next 2Y9.52%
Revenue Next 3Y8.45%
Revenue Next 5Y5.1%
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 accelerating.
The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
Based on the Price/Earnings ratio of 15.91, the valuation of NWN can be described as correct.
The rest of the industry has a similar Price/Earnings ratio as NWN.
Compared to an average S&P500 Price/Earnings ratio of 26.03, NWN is valued a bit cheaper.
NWN is valuated correctly with a Price/Forward Earnings ratio of 15.05.
Based on the Price/Forward Earnings ratio, NWN is valued a bit cheaper than the industry average as 64.29% of the companies are valued more expensively.
NWN is valuated rather cheaply when we compare the Price/Forward Earnings ratio to 22.27, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 15.91 | ||
| Fwd PE | 15.05 |
4.2 Price Multiples
NWN's Enterprise Value to EBITDA ratio is a bit cheaper when compared to the industry. NWN is cheaper than 64.29% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 9.34 |
4.3 Compensation for Growth
NWN's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
A more expensive valuation may be justified as NWN's earnings are expected to grow with 12.38% in the coming years.
PEG (NY)0.59
PEG (5Y)N/A
EPS Next 2Y14.76%
EPS Next 3Y12.38%
5. Dividend
5.1 Amount
NWN has a Yearly Dividend Yield of 4.26%, which is a nice return.
Compared to an average industry Dividend Yield of 3.87, NWN pays a bit more dividend than its industry peers.
Compared to an average S&P500 Dividend Yield of 2.38, NWN pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.26% |
5.2 History
The dividend of NWN has a limited annual growth rate of 0.84%.
NWN has been paying a dividend for at least 10 years, so it has a reliable track record.
NWN has not decreased its dividend for at least 10 years, so it has a reliable track record of non decreasing dividend.
Dividend Growth(5Y)0.84%
Div Incr Years24
Div Non Decr Years24
5.3 Sustainability
73.06% of the earnings are spent on dividend by NWN. This is not a sustainable payout ratio.
NWN's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP73.06%
EPS Next 2Y14.76%
EPS Next 3Y12.38%
NYSE:NWN (11/5/2025, 11:45:50 AM)
45.97
-0.76 (-1.63%)
Chartmill FA Rating
GICS SectorUtilities
GICS IndustryGroupUtilities
GICS IndustryGas Utilities
Earnings (Last)
Earnings (Next)
Inst Owners83.65%
Inst Owner Change0.53%
Ins Owners0.68%
Ins Owner Change-19.17%
Market Cap1.88B
Revenue(TTM)1.24B
Net Income(TTM)103.25M
Analysts85
Price Target53.3 (15.95%)
Short Float %2.04%
Short Ratio3.49
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.26% |
Yearly Dividend1.87
Dividend Growth(5Y)0.84%
DP73.06%
Div Incr Years24
Div Non Decr Years24
Ex-Date
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)59.04%
Min EPS beat(2)10.35%
Max EPS beat(2)107.74%
EPS beat(4)4
Avg EPS beat(4)32.57%
Min EPS beat(4)1.65%
Max EPS beat(4)107.74%
EPS beat(8)6
Avg EPS beat(8)20.72%
EPS beat(12)10
Avg EPS beat(12)38.06%
EPS beat(16)13
Avg EPS beat(16)42.86%
Revenue beat(2)1
Avg Revenue beat(2)-2.32%
Min Revenue beat(2)-7.45%
Max Revenue beat(2)2.82%
Revenue beat(4)2
Avg Revenue beat(4)-2.33%
Min Revenue beat(4)-7.45%
Max Revenue beat(4)2.82%
Revenue beat(8)3
Avg Revenue beat(8)-2.9%
Revenue beat(12)7
Avg Revenue beat(12)4.16%
Revenue beat(16)10
Avg Revenue beat(16)5.45%
PT rev (1m)0.48%
PT rev (3m)3.47%
EPS NQ rev (1m)1.08%
EPS NQ rev (3m)6.35%
EPS NY rev (1m)0%
EPS NY rev (3m)1.66%
Revenue NQ rev (1m)0.19%
Revenue NQ rev (3m)3.63%
Revenue NY rev (1m)0%
Revenue NY rev (3m)0.89%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 15.91 | ||
| Fwd PE | 15.05 | ||
| P/S | 1.52 | ||
| P/FCF | N/A | ||
| P/OCF | 7.98 | ||
| P/B | 1.29 | ||
| P/tB | 1.73 | ||
| EV/EBITDA | 9.34 |
EPS(TTM)2.89
EY6.29%
EPS(NY)3.06
Fwd EY6.65%
FCF(TTM)-4.45
FCFYN/A
OCF(TTM)5.76
OCFY12.54%
SpS30.25
BVpS35.64
TBVpS26.58
PEG (NY)0.59
PEG (5Y)N/A
Graham Number48.14
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.78% | ||
| ROE | 7.08% | ||
| ROCE | 4.84% | ||
| ROIC | 3.43% | ||
| ROICexc | 3.5% | ||
| ROICexgc | 3.77% | ||
| OM | 19.96% | ||
| PM (TTM) | 8.34% | ||
| GM | 63.68% | ||
| FCFM | N/A |
ROA(3y)1.75%
ROA(5y)1.85%
ROE(3y)6.78%
ROE(5y)7.48%
ROIC(3y)3.03%
ROIC(5y)3.09%
ROICexc(3y)3.05%
ROICexc(5y)3.11%
ROICexgc(3y)3.17%
ROICexgc(5y)3.21%
ROCE(3y)4.32%
ROCE(5y)4.52%
ROICexgc growth 3Y-2%
ROICexgc growth 5Y0.38%
ROICexc growth 3Y-2.67%
ROICexc growth 5Y-0.09%
OM growth 3Y-4.37%
OM growth 5Y-0.3%
PM growth 3Y-9.23%
PM growth 5Y-3.72%
GM growth 3Y-1.06%
GM growth 5Y0.22%
F-Score5
Asset Turnover0.21
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.54 | ||
| Debt/FCF | N/A | ||
| Debt/EBITDA | 5.19 | ||
| Cap/Depr | 225.57% | ||
| Cap/Sales | 33.77% | ||
| Interest Coverage | 2.78 | ||
| Cash Conversion | 54.56% | ||
| Profit Quality | N/A | ||
| Current Ratio | 0.68 | ||
| Quick Ratio | 0.52 | ||
| Altman-Z | 0.68 |
F-Score5
WACC5.96%
ROIC/WACC0.58
Cap/Depr(3y)266.77%
Cap/Depr(5y)264.49%
Cap/Sales(3y)31.39%
Cap/Sales(5y)32.73%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)32.57%
EPS 3Y-3.23%
EPS 5Y-0.09%
EPS Q2Q%114.29%
EPS Next Y26.79%
EPS Next 2Y14.76%
EPS Next 3Y12.38%
EPS Next 5Y8.16%
Revenue 1Y (TTM)8.4%
Revenue growth 3Y10.25%
Revenue growth 5Y9.09%
Sales Q2Q%11.56%
Revenue Next Year13.52%
Revenue Next 2Y9.52%
Revenue Next 3Y8.45%
Revenue Next 5Y5.1%
EBIT growth 1Y34.98%
EBIT growth 3Y5.43%
EBIT growth 5Y8.76%
EBIT Next Year120.39%
EBIT Next 3Y37.68%
EBIT Next 5Y24.24%
FCF growth 1Y-172.66%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y-5.22%
OCF growth 3Y7.69%
OCF growth 5Y1.57%
NORTHWEST NATURAL HOLDING CO / NWN FAQ
What is the fundamental rating for NWN stock?
ChartMill assigns a fundamental rating of 3 / 10 to NWN.
What is the valuation status for NWN stock?
ChartMill assigns a valuation rating of 4 / 10 to NORTHWEST NATURAL HOLDING CO (NWN). This can be considered as Fairly Valued.
How profitable is NORTHWEST NATURAL HOLDING CO (NWN) stock?
NORTHWEST NATURAL HOLDING CO (NWN) has a profitability rating of 4 / 10.
Can you provide the PE and PB ratios for NWN stock?
The Price/Earnings (PE) ratio for NORTHWEST NATURAL HOLDING CO (NWN) is 15.91 and the Price/Book (PB) ratio is 1.29.
What is the expected EPS growth for NORTHWEST NATURAL HOLDING CO (NWN) stock?
The Earnings per Share (EPS) of NORTHWEST NATURAL HOLDING CO (NWN) is expected to grow by 26.79% in the next year.