NGG Relative Valuation
NGG's fair value is calculated using relative valuation, based on historical P/E and P/S ranges and their premiums/discounts relative to a competitor average, adjusted by weights. If the market price exceeds this fair value range, NGG is overvalued; if below, it's undervalued.
Historical Valuation
National Grid PLC (NGG) is now in the Undervalued zone, suggesting that its current forward PS ratio of 2.80 is considered Undervalued compared with the five-year average of 13.13. The fair price of National Grid PLC (NGG) is between +Inf to +Inf according to relative valuation methord. Compared to the current price of 76.32 USD , National Grid PLC is Undervalued By Fair.
Relative Value
Fair Zone
+Inf-+Inf
Current Price：76.32
Fair
Undervalued
0.00
PE
1Y
3Y
5Y
Trailing
Forward
11.30
EV/EBITDA
National Grid PLC. (NGG) has a current EV/EBITDA of 11.30. The 5-year average EV/EBITDA is 11.73. The thresholds are as follows: Strongly Undervalued below 10.07, Undervalued between 10.07 and 10.90, Fairly Valued between 12.55 and 10.90, Overvalued between 12.55 and 13.38, and Strongly Overvalued above 13.38. The current Forward EV/EBITDA of 11.30 falls within the Historic Trend Line -Fairly Valued range.
15.79
EV/EBIT
National Grid PLC. (NGG) has a current EV/EBIT of 15.79. The 5-year average EV/EBIT is 17.12. The thresholds are as follows: Strongly Undervalued below 14.58, Undervalued between 14.58 and 15.85, Fairly Valued between 18.39 and 15.85, Overvalued between 18.39 and 19.66, and Strongly Overvalued above 19.66. The current Forward EV/EBIT of 15.79 falls within the Undervalued range.
2.81
PS
National Grid PLC. (NGG) has a current PS of 2.81. The 5-year average PS is 2.17. The thresholds are as follows: Strongly Undervalued below 1.52, Undervalued between 1.52 and 1.84, Fairly Valued between 2.50 and 1.84, Overvalued between 2.50 and 2.83, and Strongly Overvalued above 2.83. The current Forward PS of 2.81 falls within the Overvalued range.
6.40
P/OCF
National Grid PLC. (NGG) has a current P/OCF of 6.40. The 5-year average P/OCF is 6.54. The thresholds are as follows: Strongly Undervalued below 5.29, Undervalued between 5.29 and 5.91, Fairly Valued between 7.16 and 5.91, Overvalued between 7.16 and 7.78, and Strongly Overvalued above 7.78. The current Forward P/OCF of 6.40 falls within the Historic Trend Line -Fairly Valued range.
-14.92
P/FCF
National Grid PLC. (NGG) has a current P/FCF of -14.92. The 5-year average P/FCF is -14.42. The thresholds are as follows: Strongly Undervalued below -52.73, Undervalued between -52.73 and -33.57, Fairly Valued between 4.73 and -33.57, Overvalued between 4.73 and 23.88, and Strongly Overvalued above 23.88. The current Forward P/FCF of -14.92 falls within the Historic Trend Line -Fairly Valued range.
National Grid PLC (NGG) has a current Price-to-Book (P/B) ratio of 7.59. Compared to its 3-year average P/B ratio of 1.69 , the current P/B ratio is approximately 349.33% higher. Relative to its 5-year average P/B ratio of 1.66, the current P/B ratio is about 357.67% higher. National Grid PLC (NGG) has a Forward Free Cash Flow (FCF) yield of approximately -2.48%. Compared to its 3-year average FCF yield of -0.27%, the current FCF yield is approximately 830.05% lower. Relative to its 5-year average FCF yield of 0.48% , the current FCF yield is about -621.72% lower.
7.54
P/B
Median3y
1.69
Median5y
1.66
-2.50
FCF Yield
Median3y
-0.27
Median5y
0.48
Competitors Valuation Multiple
The average P/S ratio for NGG's competitors is 2.81, providing a benchmark for relative valuation. National Grid PLC Corp (NGG) exhibits a P/S ratio of 2.81, which is 0.00% above the industry average. Given its robust revenue growth of %, this premium appears unsustainable.
P/S
P/E
EV/EBITDA
EV/EBIT
P/S
Revenue Growth
Market Cap
Performance Decomposition
1Y
3Y
5Y
Market capitalization of NGG increased by 0.00% over the past 1 year. The primary factor behind the change was an decrease in Unknown from 0.00 to 0.00.
The secondary factor is the Unknown, contributed 0.00%to the performance.
Overall, the performance of NGG in the past 1 year is driven by Unknown.
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FAQ
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