How does NGG N's PE Ratio compare to its peers?

NGG N is expensive based on its Price-To-Earnings Ratio (27.4x) compared to the peer average (26.7x).

How does NGG N's PE Ratio compare vs other companies in the Global Integrated Utilities Industry?

NGG N is expensive based on its Price-To-Earnings Ratio (27.4x) compared to the Global Integrated Utilities industry average (16.8x).

What is NGG N's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

Insufficient data to calculate NGG N's Price-To-Earnings Fair Ratio for valuation analysis.

What is the Fair Price of NGG N when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

NGG N (MX$1206) is trading above our estimate of [[fair value]] (MX$891.21)

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Insufficient data to show price forecast.

NGG N Stock Overview

National Grid plc transmits and distributes electricity and gas. More details

NGG N fundamental analysis
Snowflake Score
Valuation	0/6
Future Growth	3/6
Past Performance	1/6
Financial Health	3/6
Dividends	3/6

Rewards

Earnings are forecast to grow 15.96% per year

Risk Analysis

Debt is not well covered by operating cash flow

Dividend of 5.69% is not well covered by earnings or free cash flows

Shareholders have been substantially diluted in the past year

Shares are highly illiquid

+ 1 more risk

My Notes

Capture your thoughts, links and company narrative

National Grid plc Competitors

Sempra

NYSE:SRE

US$54.0b

Dominion Energy

NYSE:D

US$46.4b

Public Service Enterprise Group

NYSE:PEG

US$43.9b

Abu Dhabi National Energy Company PJSC

ADX:TAQA

د.إ351.9b

Price History & Performance

Summary of share price highs, lows and changes for National Grid
Historical stock prices
Current Share Price	UK£1,206.00
52 Week High	UK£1,355.90
52 Week Low	UK£1,027.84
Beta	0.26
1 Month Change	0%
3 Month Change	n/a
1 Year Change	n/a
3 Year Change	n/a
5 Year Change	n/a
Change since IPO	17.33%

Recent updates

Shareholder Returns

	NGG N	MX Integrated Utilities	MX Market
7D	0%	0%	0%
1Y	n/a	0%	0%

Return vs Industry: Insufficient data to determine how NGG N performed against the MX Integrated Utilities industry.

Return vs Market: Insufficient data to determine how NGG N performed against the MX Market.

Price Volatility

Is NGG N's price volatile compared to industry and market?
NGG N volatility
NGG N Average Weekly Movement	n/a
Integrated Utilities Industry Average Movement	0%
Market Average Movement	0%
10% most volatile stocks in MX Market	0%
10% least volatile stocks in MX Market	0%

Stable Share Price: NGG N's share price has been volatile over the past 3 months compared to the MX market.

Volatility Over Time: Insufficient data to determine NGG N's volatility change over the past year.

About the Company

Founded	Employees	CEO	Website
1990	31,425	John Pettigrew	www.nationalgrid.com

National Grid plc transmits and distributes electricity and gas. It operates through UK Electricity Transmission, UK Electricity Distribution, UK Electricity System Operator, New England, New York, National Grid Ventures, and Other segments. The UK Electricity Transmission segment provides electricity transmission and construction work services in England and Wales.

National Grid plc Fundamentals Summary

How do National Grid's earnings and revenue compare to its market cap?
NGG N fundamental statistics
Market cap	Mex$1.20t
Earnings (TTM)	Mex$43.91b
Revenue (TTM)	Mex$492.17b

27.4x

P/E Ratio

2.4x

P/S Ratio

Is NGG N overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
NGG N income statement (TTM)
Revenue	UK£19.32b
Cost of Revenue	UK£0
Gross Profit	UK£19.32b
Other Expenses	UK£17.60b
Earnings	UK£1.72b

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	0.35
Gross Margin	100.00%
Net Profit Margin	8.92%
Debt/Equity Ratio	129.5%

How did NGG N perform over the long term?

See historical performance and comparison

Dividends

5.7%

Current Dividend Yield

131%

Payout Ratio

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2025/01/21 10:05
End of Day Share Price	2024/12/17 00:00
Earnings	2024/09/30
Annual Earnings	2024/03/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

National Grid plc is covered by 39 analysts. 15 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Juan Rodriguez	AlphaValue
Gary Hovis	Argus Research Company
Dominic Nash	Barclays