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NTGY: Higher Discount Rate And Stable Margins Will Shape Fair Value Outlook

Update shared on 16 Dec 2025

Fair value Increased 0.10%
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AnalystConsensusTarget's Fair Value
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1Y
7.2%
7D
-5.4%

Analysts have nudged their price target on Naturgy Energy Group slightly higher to €26.97 from €26.95, citing marginally adjusted discount rate and forward earnings assumptions while leaving the broader outlook largely unchanged.

Valuation Changes

  • The fair value estimate has risen slightly to €26.97 from €26.95, reflecting a marginal upward revision in the intrinsic valuation.
  • The discount rate has increased modestly to 7.78 percent from 7.70 percent, indicating a slightly higher implied cost of capital in the model.
  • Revenue growth assumptions remain effectively unchanged at around minus 3.63 percent, pointing to a continued expectation of a mildly contracting top line.
  • Net profit margin projections are virtually unchanged at about 10.00 percent, suggesting stable profitability expectations.
  • The future P/E has edged up slightly to 18.18x from 18.13x, implying a small increase in the multiple applied to forward earnings.

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Disclaimer

AnalystConsensusTarget is a tool utilizing a Large Language Model (LLM) that ingests data on consensus price targets, forecasted revenue and earnings figures, as well as the transcripts of earnings calls to produce qualitative analysis. The narratives produced by AnalystConsensusTarget are general in nature and are based solely on analyst data and publicly-available material published by the respective companies. These scenarios are not indicative of the company's future performance and are exploratory in nature. Simply Wall St has no position in the company(s) mentioned. Simply Wall St may provide the securities issuer or related entities with website advertising services for a fee, on an arm's length basis. These relationships have no impact on the way we conduct our business, the content we host, or how our content is served to users. The price targets and estimates used are consensus data, and do not constitute a recommendation to buy or sell any stock, and they do not take account of your objectives, or your financial situation. Note that AnalystConsensusTarget's analysis may not factor in the latest price-sensitive company announcements or qualitative material.