National Book Value Per Share vs Dividend Yield Analysis
NFG Stock | USD 63.99 0.24 0.37% |
National Fuel financial indicator trend analysis is infinitely more than just investigating National Fuel Gas recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether National Fuel Gas is a good investment. Please check the relationship between National Fuel Book Value Per Share and its Dividend Yield accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in National Fuel Gas. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in census.
Book Value Per Share vs Dividend Yield
Book Value Per Share vs Dividend Yield Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of National Fuel Gas Book Value Per Share account and Dividend Yield. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between National Fuel's Book Value Per Share and Dividend Yield is -0.37. Overlapping area represents the amount of variation of Book Value Per Share that can explain the historical movement of Dividend Yield in the same time period over historical financial statements of National Fuel Gas, assuming nothing else is changed. The correlation between historical values of National Fuel's Book Value Per Share and Dividend Yield is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Book Value Per Share of National Fuel Gas are associated (or correlated) with its Dividend Yield. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Dividend Yield has no effect on the direction of Book Value Per Share i.e., National Fuel's Book Value Per Share and Dividend Yield go up and down completely randomly.
Correlation Coefficient | -0.37 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Book Value Per Share
The ratio of equity available to common shareholders divided by the number of outstanding shares. This measure represents the value per share of a company according to its financial statements.Dividend Yield
Dividend Yield is National Fuel Gas dividend as a percentage of National Fuel stock price. National Fuel Gas dividend yield is a measure of National Fuel stock productivity, which can be interpreted as interest rate earned on an National Fuel investment. A financial ratio that shows how much a company pays out in dividends each year relative to its stock price, calculated as annual dividends per share divided by price per share.Most indicators from National Fuel's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into National Fuel Gas current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in National Fuel Gas. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in census. At this time, National Fuel's Tax Provision is most likely to increase significantly in the upcoming years. The National Fuel's current Enterprise Value is estimated to increase to about 8.7 B, while Selling General Administrative is projected to decrease to roughly 86.5 M.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 903.0M | 847.8M | 1.9B | 2.0B | Total Revenue | 2.2B | 2.2B | 1.9B | 1.7B |
National Fuel fundamental ratios Correlations
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National Fuel Account Relationship Matchups
High Positive Relationship
High Negative Relationship
National Fuel fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Common Stock Shares Outstanding | 88.0M | 91.7M | 92.1M | 92.3M | 92.3M | 84.7M | |
Total Assets | 7.0B | 7.5B | 7.9B | 8.3B | 8.3B | 5.4B | |
Short Long Term Debt Total | 2.7B | 2.8B | 2.7B | 2.7B | 2.8B | 1.8B | |
Other Current Liab | 290.3M | 901.9M | 1.1B | 366.6M | 340.1M | 208.1M | |
Total Current Liabilities | 459.6M | 1.2B | 1.9B | 806.3M | 1.1B | 655.1M | |
Total Stockholder Equity | 2.0B | 1.8B | 2.1B | 3.0B | 2.8B | 1.7B | |
Property Plant And Equipment Net | 6.0B | 6.4B | 6.6B | 7.3B | 7.3B | 4.3B | |
Current Deferred Revenue | 32.5M | 36.5M | 50.4M | 49.8M | 44.8M | 39.7M | |
Net Debt | 2.6B | 2.8B | 2.6B | 2.6B | 2.7B | 1.7B | |
Retained Earnings | 991.6M | 1.2B | 1.6B | 1.9B | 1.7B | 1.0B | |
Accounts Payable | 134.1M | 171.7M | 178.9M | 152.2M | 165.1M | 137.5M | |
Cash | 20.5M | 31.5M | 46.0M | 55.4M | 38.2M | 36.3M | |
Non Current Assets Total | 6.7B | 6.9B | 7.1B | 7.9B | 8.0B | 4.9B | |
Non Currrent Assets Other | 209.6M | 60.1M | (230.1M) | 489.1M | 537.5M | 564.3M | |
Cash And Short Term Investments | 20.5M | 31.5M | 46.0M | 55.4M | 38.2M | 36.3M | |
Net Receivables | 179.0M | 238.6M | 412.0M | 177.2M | 142.7M | 176.6M | |
Common Stock Total Equity | 86.3M | 91.0M | 91.2M | 91.5M | 105.2M | 80.4M | |
Liabilities And Stockholders Equity | 7.0B | 7.5B | 7.9B | 8.3B | 8.3B | 5.4B | |
Non Current Liabilities Total | 4.5B | 4.4B | 3.9B | 4.5B | 4.4B | 3.0B | |
Inventory | 85.2M | 120.4M | 172.3M | 81.5M | 82.7M | 94.9M | |
Other Current Assets | 33.3M | 132.0M | 130.8M | 86.1M | 92.2M | 83.4M | |
Other Stockholder Equity | 1.0B | 1.0B | 1.0B | 1.0B | 1.0B | 783.0M | |
Total Liab | 5.0B | 5.7B | 5.8B | 5.3B | 5.5B | 3.6B | |
Property Plant And Equipment Gross | 6.0B | 6.4B | 6.6B | 13.6B | 15.7B | 16.5B | |
Total Current Assets | 314.2M | 522.4M | 761.1M | 414.4M | 355.9M | 474.1M | |
Accumulated Other Comprehensive Income | (114.8M) | (513.6M) | (625.7M) | (55.1M) | (15.5M) | (16.2M) | |
Short Term Debt | 34.9M | 162.5M | 623.2M | 287.5M | 590.7M | 620.2M | |
Common Stock | 91.0M | 91.2M | 91.5M | 91.8M | 91.0M | 81.7M | |
Other Liab | 1.9B | 1.8B | 1.8B | 2.1B | 2.4B | 2.5B | |
Other Assets | 514.8M | 7.2B | 468.2M | 486.5M | 559.5M | 815.7M | |
Long Term Debt | 2.6B | 2.6B | 2.1B | 2.4B | 2.7B | 1.7B | |
Property Plant Equipment | 53.4M | 6.4B | 6.6B | 7.3B | 8.4B | 4.5B | |
Net Tangible Assets | 4.6B | 1.8B | 2.1B | 3.0B | 2.7B | 2.7B | |
Retained Earnings Total Equity | 1.3B | 991.6M | 1.2B | 1.6B | 1.8B | 1.2B | |
Long Term Debt Total | 2.6B | 2.6B | 2.1B | 2.4B | 2.7B | 2.1B | |
Capital Surpluse | 1.0B | 1.0B | 1.0B | 1.0B | 1.2B | 908.4M | |
Deferred Long Term Liab | 835.2M | 252.7M | 259.7M | 191.2M | 172.1M | 163.5M |
Currently Active Assets on Macroaxis
When determining whether National Fuel Gas is a strong investment it is important to analyze National Fuel's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact National Fuel's future performance. For an informed investment choice regarding National Stock, refer to the following important reports:Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in National Fuel Gas. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in census. You can also try the Idea Analyzer module to analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas.
Is Gas Utilities space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of National Fuel. If investors know National will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about National Fuel listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.176 | Dividend Share 2.02 | Earnings Share 0.84 | Revenue Per Share 21.187 | Quarterly Revenue Growth 0.008 |
The market value of National Fuel Gas is measured differently than its book value, which is the value of National that is recorded on the company's balance sheet. Investors also form their own opinion of National Fuel's value that differs from its market value or its book value, called intrinsic value, which is National Fuel's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because National Fuel's market value can be influenced by many factors that don't directly affect National Fuel's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between National Fuel's value and its price as these two are different measures arrived at by different means. Investors typically determine if National Fuel is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, National Fuel's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.