NATIONAL GRID PLC-SP ADR (NGG) Stock Fundamental Analysis
NYSE:NGG • US6362744095
90.27 USD
-0.54 (-0.59%)
At close: Feb 19, 2026
91.24 USD
+0.97 (+1.07%)
Pre-Market: 2/20/2026, 5:15:24 AM
Taking everything into account, NGG scores 5 out of 10 in our fundamental rating. NGG was compared to 26 industry peers in the Multi-Utilities industry. NGG has an excellent profitability rating, but there are concerns on its financial health. While showing a medium growth rate, NGG is valued expensive at the moment.
1. Profitability
1.1 Basic Checks
- In the past year NGG was profitable.
- NGG had a positive operating cash flow in the past year.
- Each year in the past 5 years NGG has been profitable.
- In the past 5 years NGG always reported a positive cash flow from operatings.
1.2 Ratios
- NGG has a better Return On Assets (2.77%) than 84.62% of its industry peers.
- With a Return On Equity value of 7.72%, NGG is not doing good in the industry: 65.38% of the companies in the same industry are doing better.
- The Return On Invested Capital of NGG (4.11%) is better than 76.92% of its industry peers.
- The Average Return On Invested Capital over the past 3 years for NGG is in line with the industry average of 3.88%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.77% | ||
| ROE | 7.72% | ||
| ROIC | 4.11% |
ROA(3y)4.49%
ROA(5y)3.68%
ROE(3y)13.91%
ROE(5y)11.98%
ROIC(3y)4.25%
ROIC(5y)4.02%
1.3 Margins
- NGG has a Profit Margin of 16.43%. This is amongst the best in the industry. NGG outperforms 88.46% of its industry peers.
- In the last couple of years the Profit Margin of NGG has grown nicely.
- The Operating Margin of NGG (29.57%) is better than 100.00% of its industry peers.
- NGG's Operating Margin has improved in the last couple of years.
- NGG's Gross Margin of 87.92% is amongst the best of the industry. NGG outperforms 92.31% of its industry peers.
- In the last couple of years the Gross Margin of NGG has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 29.57% | ||
| PM (TTM) | 16.43% | ||
| GM | 87.92% |
OM growth 3Y9.26%
OM growth 5Y3.21%
PM growth 3Y7.01%
PM growth 5Y12.68%
GM growth 3Y1.78%
GM growth 5Y0.92%
2. Health
2.1 Basic Checks
- With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), NGG is destroying value.
- The number of shares outstanding for NGG has been increased compared to 1 year ago.
- The number of shares outstanding for NGG has been increased compared to 5 years ago.
- The debt/assets ratio for NGG has been reduced compared to a year ago.
2.2 Solvency
- Based on the Altman-Z score of 1.47, we must say that NGG is in the distress zone and has some risk of bankruptcy.
- NGG has a Altman-Z score of 1.47. This is amongst the best in the industry. NGG outperforms 100.00% of its industry peers.
- A Debt/Equity ratio of 1.14 is on the high side and indicates that NGG has dependencies on debt financing.
- NGG's Debt to Equity ratio of 1.14 is amongst the best of the industry. NGG outperforms 84.62% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.14 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 1.47 |
ROIC/WACC0.57
WACC7.16%
2.3 Liquidity
- A Current Ratio of 0.97 indicates that NGG may have some problems paying its short term obligations.
- NGG's Current ratio of 0.97 is amongst the best of the industry. NGG outperforms 80.77% of its industry peers.
- NGG has a Quick Ratio of 0.97. This is a bad value and indicates that NGG is not financially healthy enough and could expect problems in meeting its short term obligations.
- NGG has a better Quick ratio (0.90) than 80.77% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.97 | ||
| Quick Ratio | 0.9 |
3. Growth
3.1 Past
- The earnings per share for NGG have decreased by -7.56% in the last year.
- The Earnings Per Share has been growing slightly by 7.68% on average over the past years.
- Looking at the last year, NGG shows a decrease in Revenue. The Revenue has decreased by -9.52% in the last year.
- Measured over the past years, NGG shows a small growth in Revenue. The Revenue has been growing by 4.80% on average per year.
EPS 1Y (TTM)-7.56%
EPS 3Y9.11%
EPS 5Y7.68%
EPS Q2Q%6.05%
Revenue 1Y (TTM)-9.52%
Revenue growth 3Y0.21%
Revenue growth 5Y4.8%
Sales Q2Q%-11.25%
3.2 Future
- The Earnings Per Share is expected to grow by 7.91% on average over the next years.
- NGG is expected to show quite a strong growth in Revenue. In the coming years, the Revenue will grow by 8.79% yearly.
EPS Next Y8.91%
EPS Next 2Y10.77%
EPS Next 3Y9.26%
EPS Next 5Y7.91%
Revenue Next Year-6.7%
Revenue Next 2Y2.06%
Revenue Next 3Y4.14%
Revenue Next 5Y8.79%
3.3 Evolution
- The EPS growth rate is stable: in the next years the growth will be about the same than in the last years.
- The Revenue growth rate is accelerating: in the next years the growth will be better than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
- With a Price/Earnings ratio of 17.98, NGG is valued on the expensive side.
- Compared to the rest of the industry, the Price/Earnings ratio of NGG indicates a somewhat cheap valuation: NGG is cheaper than 61.54% of the companies listed in the same industry.
- NGG's Price/Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 27.09.
- Based on the Price/Forward Earnings ratio of 14.99, the valuation of NGG can be described as correct.
- Based on the Price/Forward Earnings ratio, NGG is valued a bit cheaper than the industry average as 69.23% of the companies are valued more expensively.
- When comparing the Price/Forward Earnings ratio of NGG to the average of the S&P500 Index (27.98), we can say NGG is valued slightly cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 17.98 | ||
| Fwd PE | 14.99 |
4.2 Price Multiples
- Based on the Enterprise Value to EBITDA ratio, NGG is valued a bit more expensive than the industry average as 73.08% of the companies are valued more cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 13.7 |
4.3 Compensation for Growth
- The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates an expensive valuation of the company.
- NGG has a very decent profitability rating, which may justify a higher PE ratio.
PEG (NY)2.02
PEG (5Y)2.34
EPS Next 2Y10.77%
EPS Next 3Y9.26%
5. Dividend
5.1 Amount
- NGG has a Yearly Dividend Yield of 3.49%.
- Compared to an average industry Dividend Yield of 4.51, NGG is paying slightly less dividend.
- NGG's Dividend Yield is rather good when compared to the S&P500 average which is at 1.85.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.49% |
5.2 History
- The dividend of NGG is nicely growing with an annual growth rate of 10.55%!
- NGG has paid a dividend for at least 10 years, which is a reliable track record.
- NGG has not decreased its dividend in the last 3 years.
Dividend Growth(5Y)10.55%
Div Incr Years3
Div Non Decr Years3
5.3 Sustainability
- 56.13% of the earnings are spent on dividend by NGG. This is a bit on the high side, but may be sustainable.
- NGG's earnings are growing slower than its dividend. This means the dividend growth is not sustainable.
DP56.13%
EPS Next 2Y10.77%
EPS Next 3Y9.26%
90.27
-0.54 (-0.59%)
Chartmill FA Rating
GICS SectorUtilities
GICS IndustryGroupUtilities
GICS IndustryMulti-Utilities
Earnings (Last)11-06 2025-11-06/bmo
Earnings (Next)05-13 2026-05-13/amc
Inst Owners63.09%
Inst Owner Change5.08%
Ins Owners0.1%
Ins Owner ChangeN/A
Market Cap89.75B
Revenue(TTM)17.48B
Net Income(TTM)2.87B
Analysts78.33
Price Target86.5 (-4.18%)
Short Float %0.2%
Short Ratio2.69
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.49% |
Yearly Dividend2.4
Dividend Growth(5Y)10.55%
DP56.13%
Div Incr Years3
Div Non Decr Years3
Ex-DateN/A
Surprises & Revisions
EPS beat(2)N/A
Avg EPS beat(2)N/A
Min EPS beat(2)N/A
Max EPS beat(2)N/A
EPS beat(4)N/A
Avg EPS beat(4)N/A
Min EPS beat(4)N/A
Max EPS beat(4)N/A
EPS beat(8)N/A
Avg EPS beat(8)N/A
EPS beat(12)N/A
Avg EPS beat(12)N/A
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)N/A
Avg Revenue beat(2)N/A
Min Revenue beat(2)N/A
Max Revenue beat(2)N/A
Revenue beat(4)N/A
Avg Revenue beat(4)N/A
Min Revenue beat(4)N/A
Max Revenue beat(4)N/A
Revenue beat(8)N/A
Avg Revenue beat(8)N/A
Revenue beat(12)N/A
Avg Revenue beat(12)N/A
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)5.74%
PT rev (3m)7.39%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)-0.42%
EPS NY rev (3m)1.3%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0%
Revenue NY rev (3m)0.18%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 17.98 | ||
| Fwd PE | 14.99 | ||
| P/S | 3.82 | ||
| P/FCF | N/A | ||
| P/OCF | 8.45 | ||
| P/B | 1.79 | ||
| P/tB | 2.76 | ||
| EV/EBITDA | 13.7 |
EPS(TTM)5.02
EY5.56%
EPS(NY)6.02
Fwd EY6.67%
FCF(TTM)-2.55
FCFYN/A
OCF(TTM)10.68
OCFY11.83%
SpS23.65
BVpS50.31
TBVpS32.71
PEG (NY)2.02
PEG (5Y)2.34
Graham Number75.38
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.77% | ||
| ROE | 7.72% | ||
| ROCE | 5.47% | ||
| ROIC | 4.11% | ||
| ROICexc | 4.29% | ||
| ROICexgc | 5.01% | ||
| OM | 29.57% | ||
| PM (TTM) | 16.43% | ||
| GM | 87.92% | ||
| FCFM | N/A |
ROA(3y)4.49%
ROA(5y)3.68%
ROE(3y)13.91%
ROE(5y)11.98%
ROIC(3y)4.25%
ROIC(5y)4.02%
ROICexc(3y)4.48%
ROICexc(5y)4.23%
ROICexgc(3y)5.3%
ROICexgc(5y)5%
ROCE(3y)5.75%
ROCE(5y)5.44%
ROICexgc growth 3Y-2.54%
ROICexgc growth 5Y-0.66%
ROICexc growth 3Y-0.77%
ROICexc growth 5Y-1.18%
OM growth 3Y9.26%
OM growth 5Y3.21%
PM growth 3Y7.01%
PM growth 5Y12.68%
GM growth 3Y1.78%
GM growth 5Y0.92%
F-Score5
Asset Turnover0.17
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.14 | ||
| Debt/FCF | N/A | ||
| Debt/EBITDA | 5.5 | ||
| Cap/Depr | 387.71% | ||
| Cap/Sales | 55.95% | ||
| Interest Coverage | 2.7 | ||
| Cash Conversion | 102.64% | ||
| Profit Quality | N/A | ||
| Current Ratio | 0.97 | ||
| Quick Ratio | 0.9 | ||
| Altman-Z | 1.47 |
F-Score5
WACC7.16%
ROIC/WACC0.57
Cap/Depr(3y)361.46%
Cap/Depr(5y)334.74%
Cap/Sales(3y)40%
Cap/Sales(5y)37.08%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-7.56%
EPS 3Y9.11%
EPS 5Y7.68%
EPS Q2Q%6.05%
EPS Next Y8.91%
EPS Next 2Y10.77%
EPS Next 3Y9.26%
EPS Next 5Y7.91%
Revenue 1Y (TTM)-9.52%
Revenue growth 3Y0.21%
Revenue growth 5Y4.8%
Sales Q2Q%-11.25%
Revenue Next Year-6.7%
Revenue Next 2Y2.06%
Revenue Next 3Y4.14%
Revenue Next 5Y8.79%
EBIT growth 1Y-1.73%
EBIT growth 3Y9.49%
EBIT growth 5Y8.16%
EBIT Next Year54.73%
EBIT Next 3Y25.13%
EBIT Next 5Y18.66%
FCF growth 1Y-629.77%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y8.99%
OCF growth 3Y2.21%
OCF growth 5Y7.68%
NATIONAL GRID PLC-SP ADR / NGG FAQ
What is the fundamental rating for NGG stock?
ChartMill assigns a fundamental rating of 5 / 10 to NGG.
Can you provide the valuation status for NATIONAL GRID PLC-SP ADR?
ChartMill assigns a valuation rating of 3 / 10 to NATIONAL GRID PLC-SP ADR (NGG). This can be considered as Overvalued.
What is the profitability of NGG stock?
NATIONAL GRID PLC-SP ADR (NGG) has a profitability rating of 7 / 10.
What are the PE and PB ratios of NATIONAL GRID PLC-SP ADR (NGG) stock?
The Price/Earnings (PE) ratio for NATIONAL GRID PLC-SP ADR (NGG) is 17.98 and the Price/Book (PB) ratio is 1.79.
What is the financial health of NATIONAL GRID PLC-SP ADR (NGG) stock?
The financial health rating of NATIONAL GRID PLC-SP ADR (NGG) is 3 / 10.