High Inflation Is Positive for National Grid
National Grid owns and operates energy networks in the United States and the United Kingdom.
National Grid owns and operates energy networks in the United States and the United Kingdom.
Persisting high inflation will boost earnings and dividends.
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.
Metric
|
NGG
|
IBE
|
PPL
|
---|---|---|---|
Price/Earnings (Normalized) | 16.78 | 12.79 | 19.16 |
Price/Book Value | 1.43 | 1.40 | 1.49 |
Price/Sales | 2.03 | 1.65 | 2.55 |
Price/Cash Flow | 9.05 | 7.49 | 10.32 |
Metric
|
NGG
|
IBE
|
PPL
|
---|---|---|---|
Quick Ratio | 0.64 | 0.60 | 0.81 |
Current Ratio | 0.93 | 0.77 | 1.28 |
Interest Coverage | 2.81 | 4.98 | 2.35 |
Metric
|
NGG
|
IBE
|
PPL
|
---|---|---|---|
Return on Assets (Normalized) | 2.34% | 4.79% | 3.18% |
Return on Equity (Normalized) | 7.92% | 14.40% | 8.81% |
Return on Invested Capital (Normalized) | 4.62% | 7.51% | 6.02% |
Ticker
|
Name
|
Morningstar Rating for Stocks
|
Capital Allocation
|
Economic Moat
|
Market Cap
|
---|---|---|---|---|---|
NEE
| NextEra Energy Inc | Hwkgfpczq | Dhmdvy | $147.8 Bil | |
SO
| Southern Co | Ccpjnqrbw | Fzwzbn | $84.1 Bil | |
DUK
| Duke Energy Corp | Rdtsyngk | Yfpkhn | $78.9 Bil | |
AEP
| American Electric Power Co Inc | Bqgycqn | Hqrhbxy | $47.4 Bil | |
PCG
| PG&E Corp | Npgdzyjj | Vkgk | $46.4 Bil | |
D
| Dominion Energy Inc | Vvhckxtvr | Wmftgy | $43.7 Bil | |
EXC
| Exelon Corp | Jfpsykd | Gdpnqn | $37.9 Bil | |
PEG
| Public Service Enterprise Group Inc | Yzvvyvmss | Rxfkhr | $35.9 Bil | |
ED
| Consolidated Edison Inc | Zhbhjxtn | Ysf | $33.7 Bil |