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National Grid PLC ADR NGG

Morningstar Rating
$66.03 −0.65 (0.97%)
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Company Report

Price vs Fair Value

NGG is trading at a 2% premium.
Price
$66.03
Fair Value
$32.80
Uncertainty
Low
1-Star Price
$31.75
5-Star Price
$52.40
Economic Moat
Zfdm
Capital Allocation
Tmnhzstyg

Bulls Say, Bears Say

Bulls

Persisting high inflation will boost earnings and dividends.

Bears

Macquarie-led consortium could not exercise its option to buy the remaining 40% of U.K. gas transmission. This would weaken the balance sheet and lead to a derating of the stock.

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News

Trading Information

Previous Close Price
$66.68
Day Range
$65.6066.32
52-Week Range
$56.4174.48
Bid/Ask
$65.87 / $65.96
Market Cap
$49.12 Bil
Volume/Avg
900 / 445,656

Key Statistics

Price/Earnings (Normalized)
15.43
Price/Sales
1.86
Dividend Yield (Trailing)
5.35%
Dividend Yield (Forward)
5.35%
Total Yield
5.35%

Company Profile

National Grid owns and operates the electric transmission system in England and Wales. It sold the bulk of its U.K. gas transmission business in fiscal 2023 to fund the acquisition of PPL's U.K. power distribution assets. In the Northeastern United States, it serves electricity and gas customers combined in three states. It also owns regulated transmission and electricity generation in the United States, metering services, merchant transmission lines in the U.K., and the Grain (U.K.) liquefied natural gas facility.
Sector
Utilities
Industry
Utilities - Regulated Electric
Stock Style Box
Large Core
Total Number of Employees
29,450

Competitors

Valuation

Metric
NGG
PPL
ED
Price/Earnings (Normalized)
15.4317.6017.83
Price/Book Value
1.311.371.42
Price/Sales
1.862.242.00
Price/Cash Flow
8.329.108.46
Price/Earnings
NGG
PPL
ED

Financial Strength

Metric
NGG
PPL
ED
Quick Ratio
0.640.590.77
Current Ratio
0.930.881.01
Interest Coverage
2.812.343.94
Quick Ratio
NGG
PPL
ED

Profitability

Metric
NGG
PPL
ED
Return on Assets (Normalized)
2.34%3.08%2.34%
Return on Equity (Normalized)
7.92%8.47%7.31%
Return on Invested Capital (Normalized)
4.62%5.87%5.33%
Return on Assets
NGG
PPL
ED
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Utilities - Regulated Electric Industry Comparables

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Name
Morningstar Rating for Stocks
Economic Moat
Market Cap
NEE
NextEra Energy IncXpkmr$116.3 Bil
SO
Southern CoQmgcmmy$73.3 Bil
DUK
Duke Energy CorpWhpyrp$71.0 Bil
AEP
American Electric Power Co IncHlfkkzk$43.1 Bil
PCG
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D
Dominion Energy IncBrhbzcy$38.2 Bil
EXC
Exelon CorpPdktcy$36.0 Bil
XEL
Xcel Energy IncZhglm$32.9 Bil
ED
Consolidated Edison IncTvqw$30.4 Bil

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