National Grid PLC
LSE:NG

Watchlist Manager
National Grid PLC Logo
National Grid PLC
LSE:NG
Watchlist
Price: 933.4 GBX 0.52%
Market Cap: 45.6B GBX
Have any thoughts about
National Grid PLC?
Write Note
Section:
 

Relative Value

The Relative Value of one NG stock under the Base Case scenario is 1 903.73 GBX. Compared to the current market price of 933.4 GBX, National Grid PLC is Undervalued by 51%.

Relative Value is the estimated value of a stock based on various valuation multiples like P/E and EV/EBIT ratios. It offers a quick snapshot of a stock's valuation in relation to its peers and historical norms.

NG Relative Value
Base Case
1 903.73 GBX
Undervaluation 51%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

2.3
P/S
P/S
Price to Sales
2.3
vs History
90
vs Industry
36
Median 3Y
2.4
Median 5Y
2.6
Industry
1.6
Forward
2.4
More Details
19.9
P/E
P/E
Price to Earnings
19.9
vs History
66
vs Industry
26
Median 3Y
18.9
Median 5Y
22.9
Industry
15.1
Forward
12.8
More Details
6.6
P/OCF
P/OCF
Price to OCF
6.6
vs History
95
vs Industry
44
Median 3Y
7.5
Median 5Y
8.2
Industry
7
More Details
17.8
P/FCFE
P/FCFE
Price to FCFE
17.8
vs History
47
vs Industry
25
Median 3Y
4.9
Median 5Y
16.9
Industry
13.9
More Details
1.5
P/B
P/B
Price to Book Value
1.5
vs History
95
vs Industry
41
Median 3Y
1.8
Median 5Y
2
Industry
1.4
More Details
4.2
EV/S
EV/S
Enterprise Value to Sales
4.2
vs History
71
vs Industry
32
Median 3Y
4.4
Median 5Y
4.4
Industry
2.7
Forward
4.4
More Details
4.9
EV/GP
EV/GP
Enterprise Value to Gross Profit
4.9
vs History
49
vs Industry
62
Median 3Y
4.9
Median 5Y
4.9
Industry
7.5
More Details
10.4
EV/EBITDA
EV/EBITDA
Enterprise Value to EBITDA
10.4
vs History
95
vs Industry
41
Median 3Y
13.8
Median 5Y
13.9
Industry
10.3
Forward
10.9
More Details
14
EV/EBIT
EV/EBIT
Enterprise Value to EBIT
14
vs History
95
vs Industry
42
Median 3Y
20
Median 5Y
20.5
Industry
14.6
Forward
15.7
More Details
12.1
EV/OCF
EV/OCF
Enterprise Value to OCF
12.1
vs History
95
vs Industry
38
Median 3Y
13
Median 5Y
13.5
Industry
11.1
More Details
Negative
EV/FCFF
EV/FCFF
Enterprise Value to FCFF
N/A
vs History
vs Industry
3
Median 3Y
116.9
Median 5Y
-149.3
Industry
16.8
More Details
0.9
EV/IC
EV/IC
Enterprise Value to IC
0.9
vs History
84
vs Industry
41
Median 3Y
1
Median 5Y
1
Industry
0.9
More Details

Multiples Across Competitors

NG Competitors Multiples
National Grid PLC Competitors

All Multiples
P/S
P/E
EV/EBITDA
EV/EBIT
All Countries
All Countries
Close
Market Cap P/S P/E EV/EBITDA EV/EBIT
UK
National Grid PLC
LSE:NG
45.4B GBP 2.3 19.9 10.4 14
US
Sempra Energy
NYSE:SRE
55B USD 4.3 19 17.6 33.7
US
Dominion Energy Inc
NYSE:D
45.1B USD 3.1 19.2 12.6 21.5
US
Sempra
VSE:SREN
42.1B EUR 3.4 15.2 15.4 29.5
US
Public Service Enterprise Group Inc
NYSE:PEG
42.4B USD 4.1 20.8 15.6 23.7
FR
Engie SA
PAR:ENGI
36.2B EUR 0.5 7.3 4.1 7.3
DE
E ON SE
MIL:EOAN
31.3B EUR 0.4 26.7 9.9 35.4
US
Consolidated Edison Inc
NYSE:ED
31.2B USD 2.1 16.9 11.8 21.1
DE
E.ON SE
XETRA:EOAN
29.1B EUR 0.4 16.2 6.6 13.1
US
WEC Energy Group Inc
NYSE:WEC
29.9B USD 3.5 23.1 14.5 24.7
US
DTE Energy Co
NYSE:DTE
24.9B USD 2 16.3 11.3 20
P/E Multiple
Earnings Growth P/E to Growth
UK
National Grid PLC
LSE:NG
Average P/E: 18.2
19.9
80%
0.2
US
Sempra Energy
NYSE:SRE
19
18%
1.1
US
Dominion Energy Inc
NYSE:D
19.2
61%
0.3
US
S
Sempra
VSE:SREN
15.2
18%
0.9
US
Public Service Enterprise Group Inc
NYSE:PEG
20.8
-15%
N/A
FR
Engie SA
PAR:ENGI
7.3
93%
0.1
DE
E ON SE
MIL:EOAN
26.7
453%
0.1
US
Consolidated Edison Inc
NYSE:ED
16.9
-14%
N/A
DE
E.ON SE
XETRA:EOAN
16.2
460%
0
US
WEC Energy Group Inc
NYSE:WEC
23.1
34%
0.7
US
DTE Energy Co
NYSE:DTE
16.3
16%
1
EV/EBITDA Multiple
EBITDA Growth EV/EBITDA to Growth
UK
National Grid PLC
LSE:NG
Average EV/EBITDA: 11.8
10.4
17%
0.6
US
Sempra Energy
NYSE:SRE
17.6
17%
1
US
Dominion Energy Inc
NYSE:D
12.6
29%
0.4
US
S
Sempra
VSE:SREN
15.4
17%
0.9
US
Public Service Enterprise Group Inc
NYSE:PEG
15.6
-1%
N/A
FR
Engie SA
PAR:ENGI
4.1
-38%
N/A
DE
E ON SE
MIL:EOAN
9.9
-55%
N/A
US
Consolidated Edison Inc
NYSE:ED
11.8
39%
0.3
DE
E.ON SE
XETRA:EOAN
6.6
-55%
N/A
US
WEC Energy Group Inc
NYSE:WEC
14.5
34%
0.4
US
DTE Energy Co
NYSE:DTE
11.3
18%
0.6
EV/EBIT Multiple
EBIT Growth EV/EBIT to Growth
UK
National Grid PLC
LSE:NG
Average EV/EBIT: 22.2
14
10%
1.4
US
Sempra Energy
NYSE:SRE
33.7
19%
1.7
US
Dominion Energy Inc
NYSE:D
21.5
50%
0.4
US
S
Sempra
VSE:SREN
29.5
19%
1.5
US
Public Service Enterprise Group Inc
NYSE:PEG
23.7
-5%
N/A
FR
Engie SA
PAR:ENGI
7.3
-24%
N/A
DE
E ON SE
MIL:EOAN
35.4
-66%
N/A
US
Consolidated Edison Inc
NYSE:ED
21.1
60%
0.4
DE
E.ON SE
XETRA:EOAN
13.1
-66%
N/A
US
WEC Energy Group Inc
NYSE:WEC
24.7
41%
0.6
US
DTE Energy Co
NYSE:DTE
20
23%
0.9

See Also

Summary
NG intrinsic value, competitors valuation, and company profile.
DCF Valuation
NG stock valuation using Discount Cash Flow valuation method.
Relative Valuation
NG stock valuation using valuation multiples.
Wall Street Estimates
NG price targets and financial estimates made by Wall st analysts.
Profitability Analysis
Detailed analysis of the company's profitability.
Solvency Analysis
Analysis of the financial position and solvency of the company.
Financials
Income Statement, Balance Sheet, Cash Flow Statement.
Discount Rate
NG stock discount rate: cost of equity and WACC.
Summary
DCF Valuation
Relative Valuation
Wall Street Estimates
Profitability Analysis
Solvency Analysis
Financials
Discount Rate
Discover More
Back to Top
ALPHA SPREAD
Follow us
Join more than 210,300+ value investors using Alpha Spread
Create a free account
or see our plans & pricing

Company

About Us Careers Pricing Affiliate Program Terms of Service Privacy Policy

Help

What is Intrinsic Value? Help Center Contact Us

Tools

Stock Screener Intrinsic Value Calculator DCF Value Calculator Discount Rate Calculator

Stocks

Most Undervalued Stocks Wide Economic Moat Stocks High Profitability Stocks High Solvency Stocks Most Popular Stocks

© 2024 Alpha Spread Limited. All Rights Reserved.

www.alphaspread.com is not operated by a broker, a dealer, or a registered investment adviser. Under no circumstances does any information posted on www.alphaspread.com represent a recommendation to buy or sell a security. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute, investment advice or recommendations. The information on this site is in no way guaranteed for completeness, accuracy or in any other way. In no event shall Alpha Spread Limited be liable to any member, guest or third party for any damages of any kind arising out of the use of any content or other material published or available on www.alphaspread.com, or relating to the use of, or inability to use, www.alphaspread.com or any content, including, without limitation, any investment losses, lost profits, lost opportunity, special, incidental, indirect, consequential or punitive damages. Past performance is a poor indicator of future performance.