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Naturgy Energy Group SA
MAD:NTGY

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Naturgy Energy Group SA
MAD:NTGY
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Price: 26.88 EUR -2.89% Market Closed
Market Cap: €26.1B

EV/FCFF

14.5
Current
2%
More Expensive
vs 3-y average of 14.3

Enterprise Value to Free Cash Flow to Firm (EV/FCFF) ratio compares a company`s total enterprise value to the free cash flow available to all investors, both debt and equity holders. It shows how much investors are paying for each dollar of cash flow the business generates before interest payments.

EV/FCFF
14.5
=
Enterprise Value
€33.4B
/
Free Cash Flow to Firm
€2.4B

Enterprise Value to Free Cash Flow to Firm (EV/FCFF) ratio compares a company`s total enterprise value to the free cash flow available to all investors, both debt and equity holders. It shows how much investors are paying for each dollar of cash flow the business generates before interest payments.

EV/FCFF
14.5
=
Enterprise Value
€33.4B
/
Free Cash Flow to Firm
€2.4B

Valuation Scenarios

Naturgy Energy Group SA is trading above its 3-year average

If EV/FCFF returns to its 3-Year Average (14.3), the stock would be worth €26.48 (1% downside from current price).

Statistics
Positive Scenarios
3/4
Maximum Downside
-1%
Maximum Upside
+32%
Average Upside
19%
Scenario EV/FCFF Value Implied Price Upside/Downside
Current Multiple 14.5 €26.88
0%
3-Year Average 14.3 €26.48
-1%
5-Year Average 16.8 €31.15
+16%
Industry Average 19.2 €35.56
+32%
Country Average 18.6 €34.43
+28%

Forward EV/FCFF
Today’s price vs future free cash flow to firm

Not enough data available to calculate forward EV/FCFF

Peer Comparison

All Multiples
EV/FCFF
P/E
All Countries
Close
Market Cap EV/FCFF P/E
ES
Naturgy Energy Group SA
MAD:NTGY
25.6B EUR 14.5 12.3
US
Atmos Energy Corp
NYSE:ATO
30.7B USD -24.6 24.6
IT
Snam SpA
MIL:SRG
22.5B EUR -1 712.1 17.6
HK
Hong Kong and China Gas Co Ltd
HKEX:3
136.2B HKD 42.9 23.9
JP
Tokyo Gas Co Ltd
TSE:9531
2.4T JPY 24.5 11.6
JP
Osaka Gas Co Ltd
TSE:9532
2.3T JPY 21.7 12.5
IT
Italgas SpA
MIL:IG
10.5B EUR 38 15.6
IN
GAIL (India) Ltd
NSE:GAIL
1.1T INR 19.8 12.6
CA
AltaGas Ltd
TSX:ALA
15.7B CAD -65 21
CN
ENN Natural Gas Co Ltd
SSE:600803
65.8B CNY 12.8 14
AU
APA Group
ASX:APA
13.3B AUD 76.1 82.2

Market Distribution

In line with most companies in Spain
Percentile
35th
Based on 567 companies
35th percentile
14.5
Low
0 — 13
Typical Range
13 — 28.2
High
28.2 —
Distribution Statistics
Spain
Min 0
30th Percentile 13
Median 18.6
70th Percentile 28.2
Max 1 712.4

Naturgy Energy Group SA
Glance View

Market Cap
26.1B EUR
Industry
Utilities

In the bustling landscape of the global energy sector, Naturgy Energy Group SA stands as a pillar of transformation and resilience, rooted deeply in its Spanish heritage. Originally founded as Gas Natural Fenosa, the company has ascended to become one of the leading multinational energy firms, known for its strategic adaptation amid the ever-evolving energy demands of our modern era. Naturgy operates primarily in the generation, distribution, and commercialization of electricity and natural gas, spanning across approximately 20 countries worldwide. This impressive geographic reach allows the company to harness diverse energy resources, optimizing its portfolio to balance traditional energy outputs with increasingly prominent renewable sources. Harnessing this blend, Naturgy is not just a participant in the energy conversation, but a proactive agent of change, investing heavily in renewable projects and cutting-edge technologies to drive sustainable energy solutions. Naturgy’s mechanism for profitability is both straightforward and sophisticated. The company generates revenue through the sale of energy—both natural gas and electricity—to residential, commercial, and industrial consumers. By efficiently managing its vast infrastructure of pipelines, storage facilities, and power plants, Naturgy ensures a steady supply of energy, thus fulfilling consumer demand while maintaining cost controls. Furthermore, the company benefits from its strong foothold in both regulated and competitive markets, allowing it to leverage regulatory frameworks for stable income while capitalizing on competitive strategies in liberalized markets for growth. With energy consumption patterns shifting and regulatory landscapes evolving, Naturgy embraces a forward-looking vision, strategically investing in digital transformation and decarbonization initiatives to not only meet the current energy needs but also ensure long-term sustainable profitability.

NTGY Intrinsic Value
34.37 EUR
Undervaluation 22%
Intrinsic Value
Price €26.88
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