Northwest Natural Net Worth
Northwest Natural Net Worth Breakdown | NWN |
Northwest Natural Net Worth Analysis
Northwest Natural's net worth analysis, or its valuation, is the process of determining the total value of the company. This involves assessing a range of factors, including Northwest Natural's financial performance, assets, liabilities, and potential for growth. The ultimate goal is to provide a clear understanding of Northwest Natural's overall worth, which can help investors make informed investment decisions. There are several methods that can be used to perform Northwest Natural's net worth analysis. One common approach is to calculate Northwest Natural's market capitalization.Another approach is to use the price-to-earnings ratio (P/E ratio), which compares Northwest Natural's stock price to its earnings per share (EPS). Discounted cash flow (DCF) analysis is another popular method for assessing Northwest Natural's net worth. This approach calculates the present value of Northwest Natural's future cash flows, taking into account factors such as growth rate, profitability, and risk. By comparing the present value of Northwest Natural's cash flows to its current stock price, investors can gain a better understanding of the company's overall value. Finally, investors may use comparable company analysis to evaluate Northwest Natural's net worth. This involves comparing Northwest Natural's financial metrics to similar companies in the same industry. By identifying companies with similar financial characteristics, investors can gain insight into Northwest Natural's net worth relative to its peers.
Enterprise Value |
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To determine if Northwest Natural is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding Northwest Natural's net worth research are outlined below:
| Northwest Natural Gas has 1.75 B in debt with debt to equity (D/E) ratio of 1.18, which is OK given its current industry classification. Northwest Natural Gas has a current ratio of 0.65, suggesting that it has not enough short term capital to pay financial commitments when the payables are due. Note however, debt could still be an excellent tool for Northwest to invest in growth at high rates of return. | |
| Northwest Natural has a strong financial position based on the latest SEC filings | |
| Over 80.0% of Northwest Natural shares are owned by institutional investors | |
| Latest headline from MacroaxisInsider: Disposition of 7500 shares by David Anderson of Northwest Natural at 41.329 subject to Rule 16b-3 |
Northwest Natural uses earnings reports to provide investors with an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Therefore, it is also crucial when considering investing in Northwest Natural Gas. Every quarterly earnings report provides investors with an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Northwest Natural's previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
| 23rd of February 2024 Upcoming Quarterly Report | View | |
| 2nd of May 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 23rd of February 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 31st of December 2022 Last Financial Announcement | View |
Northwest Natural Target Price Consensus
Northwest target price is determined by taking all analyst projections and averaging them out. There is no one specific way to measure analysts' performance other than comparing it to past results via a very sophisticated attribution analysis. Northwest Natural's target price projections below should be used in combination with other traditional price prediction techniques such as stock price forecasting, investor sentiment analysis, technical analysis, earnings estimate, and various momentum models.
| 7 | Buy |
Most Northwest analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to help potential investors understand Northwest stock's fair price compared to its market value. Analysts arrive at stock ratings after researching the public financial statements of Northwest Natural Gas, talking to its executives and customers, or listening to those companies' conference calls.
Macroaxis Advice Exposure ValuationNorthwest Natural Target Price Projection
Northwest Natural's current and average target prices are 40.49 and 45.33, respectively. The current price of Northwest Natural is the price at which Northwest Natural Gas is currently trading. On the other hand, Northwest Natural's target price is what analysts think the stock is worth or could sell for in the future. The more significant the discrepancy between the two prices, the more it stimulates investors to act.Current Price
Northwest Natural Market Quote on 31st of January 2025
Target Price
Analyst Consensus On Northwest Natural Target Price
Know Northwest Natural's Top Institutional Investors
Have you ever been surprised when a price of an equity instrument such as Northwest Natural is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Northwest Natural Gas backward and forwards among themselves. Northwest Natural's institutional investor refers to the entity that pools money to purchase Northwest Natural's securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
| Shares | Northern Trust Corp | 2024-09-30 | 478.9 K | Bank Of New York Mellon Corp | 2024-09-30 | 437.8 K | Citadel Advisors Llc | 2024-09-30 | 401.4 K | Jpmorgan Chase & Co | 2024-09-30 | 384.3 K | Adage Capital Partners Gp Llc | 2024-09-30 | 379.9 K | Mirae Asset Global Etfs Holdings Ltd. | 2024-09-30 | 355 K | Gamco Investors, Inc. Et Al | 2024-09-30 | 330.4 K | Hotchkis & Wiley Capital Management Llc | 2024-09-30 | 305.7 K | Mesirow Institutional Investment Management, Inc. | 2024-09-30 | 302.7 K | Blackrock Inc | 2024-09-30 | 6.6 M | Vanguard Group Inc | 2024-09-30 | 4.7 M |
Follow Northwest Natural's market capitalization trends
The company currently falls under 'Mid-Cap' category with a total capitalization of 1.62 B.Market Cap |
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Project Northwest Natural's profitablity
| Last Reported | Projected for Next Year | ||
| Return On Tangible Assets | 0.02 | 0.03 | |
| Return On Capital Employed | 0.05 | 0.08 | |
| Return On Assets | 0.02 | 0.03 | |
| Return On Equity | 0.08 | 0.09 |
When accessing Northwest Natural's net worth, it's important to look at multiple sources and consider different scenarios. For example, gross profit margin measures Northwest Natural's profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of Northwest Natural's profitability and make more informed investment decisions.
Evaluate Northwest Natural's management efficiency
Northwest Natural Gas has Return on Asset of 0.024 % which means that on every $100 spent on assets, it made $0.024 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.0609 %, implying that it generated $0.0609 on every 100 dollars invested. Northwest Natural's management efficiency ratios could be used to measure how well Northwest Natural manages its routine affairs as well as how well it operates its assets and liabilities. As of the 31st of January 2025, Return On Tangible Assets is likely to grow to 0.03. Also, Return On Capital Employed is likely to grow to 0.08. At this time, Northwest Natural's Intangibles To Total Assets are very stable compared to the past year. As of the 31st of January 2025, Fixed Asset Turnover is likely to grow to 0.52, though Other Assets are likely to grow to (2.9 B).| Last Reported | Projected for Next Year | ||
| Book Value Per Share | 30.70 | 19.91 | |
| Tangible Book Value Per Share | 26.80 | 19.58 | |
| Enterprise Value Over EBITDA | 8.30 | 7.34 | |
| Price Book Value Ratio | 1.03 | 1.30 | |
| Enterprise Value Multiple | 8.30 | 7.34 | |
| Price Fair Value | 1.03 | 1.30 | |
| Enterprise Value | 2.9 B | 2.2 B |
Effective management at Northwest Natural has been a driving force behind its market achievements. We assess the correlation between management practices and financial success to determine the stock's value.
Enterprise Value Revenue 2.9651 | Revenue | Quarterly Revenue Growth (0.03) | Revenue Per Share | Return On Equity |
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Northwest Natural insiders, such as employees or executives, is commonly permitted as long as it does not rely on Northwest Natural's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Northwest Natural insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
Northwest Natural Corporate Filings
F4 | 23rd of January 2025 The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities | ViewVerify |
8K | 10th of January 2025 Report filed with the SEC to announce major events that shareholders should know about | ViewVerify |
10Q | 12th of November 2024 Quarterly performance report mandated by Securities and Exchange Commission (SEC), to be filed by publicly traded corporations | ViewVerify |
F3 | 27th of September 2024 The report used by insiders such as officers, directors, and major shareholders (beneficial owners holding more than 10% of any class of the company's equity securities) to declare their ownership of a company's stock | ViewVerify |
Northwest Natural Earnings Estimation Breakdown
The calculation of Northwest Natural's earning per share is based on the data from the past 12 consecutive months, used for reporting the company's financial figures. The next projected EPS of Northwest Natural is estimated to be 0.584575 with the future projection ranging from a low of 0.5775 to a high of 0.59. Please be aware that this consensus of annual earnings estimates for Northwest Natural Gas is based on EPS before non-recurring items and includes expenses related to employee stock options.Last Reported EPS
0.58 Lowest | Expected EPS | 0.59 Highest |
Northwest Natural Earnings Projection Consensus
Suppose the current estimates of Northwest Natural's value are higher than the current market price of the Northwest Natural stock. In this case, investors may conclude that Northwest Natural is overpriced and will exhibit bullish sentiment. On the other hand, if the present value is lower than the stock price, analysts may conclude that the market undervalues the equity. These scenarios may suggest that the market is not as efficient as it should be at the estimation time, and Northwest Natural's stock will quickly adjusts to the new information provided by the consensus estimate.
| Number of Analysts | Historical Accuracy | Last Reported EPS | Estimated EPS for 31st of December 2024 | Current EPS (TTM) | |
| 6 | 50.61% | -0.7076 | 0.584575 | 2.1 |
Northwest Natural Earnings per Share Projection vs Actual
Actual Earning per Share of Northwest Natural refers to what the company shows during its earnings calls or quarterly reports. The Expected EPS is what analysts covering Northwest Natural Gas predict the company's earnings will be in the future. The higher the earnings per share of Northwest Natural, the better is its profitability. While calculating the Earning per Share, we use the weighted ratio, as the number of shares outstanding can change over time.Northwest Natural Estimated Months Earnings per Share
For an investor who is primarily interested in generating an income out of investing in entities such as Northwest Natural, the EPS ratio can tell if the company is intending to increase its current dividend. Although EPS is an essential tool for investors, it should not be used in isolation. EPS of Northwest Natural should always be considered in relation to other companies to make a more educated investment decision.Northwest Quarterly Analyst Estimates and Surprise Metrics
Earnings surprises can significantly impact Northwest Natural's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate.
| Reported | Fiscal Date | Estimated EPS | Reported EPS | Surprise | |||
|---|---|---|---|---|---|---|---|
2024-11-12 | 2024-09-30 | -0.79 | -0.7076 | 0.0824 | 10 | ||
2024-08-02 | 2024-06-30 | -0.13 | -0.07 | 0.06 | 46 | ||
2024-05-06 | 2024-03-31 | 1.81 | 1.69 | -0.12 | 6 | ||
2024-02-23 | 2023-12-31 | 1.27 | 1.21 | -0.06 | 4 | ||
2023-11-03 | 2023-09-30 | -0.66 | -0.65 | 0.01 | 1 | ||
2023-08-03 | 2023-06-30 | -0.02 | 0.03 | 0.05 | 250 | ||
2023-05-04 | 2023-03-31 | 1.9 | 2.01 | 0.11 | 5 | ||
2023-02-24 | 2022-12-31 | 1.33 | 1.36 | 0.03 | 2 | ||
2022-11-08 | 2022-09-30 | -0.72 | -0.56 | 0.16 | 22 | ||
2022-08-04 | 2022-06-30 | -0.04 | 0.05 | 0.09 | 225 | ||
2022-05-04 | 2022-03-31 | 1.91 | 1.8 | -0.11 | 5 | ||
2022-02-25 | 2021-12-31 | 1.28 | 1.31 | 0.03 | 2 | ||
2021-11-05 | 2021-09-30 | -0.74 | -0.67 | 0.07 | 9 | ||
2021-08-05 | 2021-06-30 | -0.14 | -0.02 | 0.12 | 85 | ||
2021-05-05 | 2021-03-31 | 1.83 | 1.94 | 0.11 | 6 | ||
2021-02-26 | 2020-12-31 | 1.49 | 1.7 | 0.21 | 14 | ||
2020-11-05 | 2020-09-30 | -0.69 | -0.59 | 0.1 | 14 | ||
2020-08-07 | 2020-06-30 | -0.03 | -0.17 | -0.14 | 466 | ||
2020-05-08 | 2020-03-31 | 1.57 | 1.58 | 0.01 | 0 | ||
2020-03-02 | 2019-12-31 | 1.22 | 1.2 | -0.02 | 1 | ||
2019-11-05 | 2019-09-30 | -0.53 | -0.63 | -0.1 | 18 | ||
2019-08-06 | 2019-06-30 | -0.07 | 0.04 | 0.11 | 157 | ||
2019-05-07 | 2019-03-31 | 1.39 | 1.72 | 0.33 | 23 | ||
2019-03-01 | 2018-12-31 | 1.2 | 1.24 | 0.04 | 3 | ||
2018-11-06 | 2018-09-30 | -0.36 | -0.41 | -0.05 | 13 | ||
2018-08-07 | 2018-06-30 | 0.06 | -0.03 | -0.09 | 150 | ||
2018-05-08 | 2018-03-31 | 1.41 | 1.44 | 0.03 | 2 | ||
2018-02-23 | 2017-12-31 | 0.98 | 1.04 | 0.06 | 6 | ||
2017-11-03 | 2017-09-30 | -0.32 | -0.3 | 0.02 | 6 | ||
2017-08-02 | 2017-06-30 | 0.06 | 0.1 | 0.04 | 66 | ||
2017-05-08 | 2017-03-31 | 1.4 | 1.4 | 0.0 | 0 | ||
2017-02-27 | 2016-12-31 | 1.04 | 1.0 | -0.04 | 3 | ||
2016-11-02 | 2016-09-30 | -0.33 | -0.29 | 0.04 | 12 | ||
2016-08-02 | 2016-06-30 | 0.06 | 0.07 | 0.01 | 16 | ||
2016-05-03 | 2016-03-31 | 1.25 | 1.51 | 0.26 | 20 | ||
2016-02-26 | 2015-12-31 | 1.03 | 1.16 | 0.13 | 12 | ||
2015-11-03 | 2015-09-30 | -0.34 | -0.24 | 0.1 | 29 | ||
2015-08-04 | 2015-06-30 | 0.06 | 0.08 | 0.02 | 33 | ||
2015-05-05 | 2015-03-31 | 1.51 | 1.37 | -0.14 | 9 | ||
2015-02-27 | 2014-12-31 | 1.11 | 1.04 | -0.07 | 6 | ||
2014-11-04 | 2014-09-30 | -0.34 | -0.32 | 0.02 | 5 | ||
2014-08-05 | 2014-06-30 | 0.09 | 0.04 | -0.05 | 55 | ||
2014-05-02 | 2014-03-31 | 1.44 | 1.4 | -0.04 | 2 | ||
2014-02-28 | 2013-12-31 | 1.04 | 1.07 | 0.03 | 2 | ||
2013-11-07 | 2013-09-30 | -0.3 | -0.31 | -0.01 | 3 | ||
2013-08-07 | 2013-06-30 | 0.09 | 0.08 | -0.01 | 11 | ||
2013-05-02 | 2013-03-31 | 1.48 | 1.4 | -0.08 | 5 | ||
2013-03-01 | 2012-12-31 | 1.1 | 1.05 | -0.05 | 4 | ||
2012-11-06 | 2012-09-30 | -0.3 | -0.29 | 0.01 | 3 | ||
2012-08-03 | 2012-06-30 | 0.16 | 0.05 | -0.11 | 68 | ||
2012-05-04 | 2012-03-31 | 1.51 | 1.51 | 0.0 | 0 | ||
2012-02-28 | 2011-12-31 | 1.05 | 1.09 | 0.04 | 3 | ||
2011-11-04 | 2011-09-30 | -0.32 | -0.31 | 0.01 | 3 | ||
2011-08-03 | 2011-06-30 | 0.22 | 0.25 | 0.03 | 13 | ||
2011-05-04 | 2011-03-31 | 1.57 | 1.53 | -0.04 | 2 | ||
2011-02-25 | 2010-12-31 | 1.12 | 1.11 | -0.01 | 0 | ||
2010-11-05 | 2010-09-30 | -0.3 | -0.28 | 0.02 | 6 | ||
2010-08-04 | 2010-06-30 | 0.09 | 0.26 | 0.17 | 188 | ||
2010-05-05 | 2010-03-31 | 1.76 | 1.64 | -0.12 | 6 | ||
2010-02-26 | 2009-12-31 | 1.14 | 1.18 | 0.04 | 3 | ||
2009-11-03 | 2009-09-30 | -0.36 | -0.25 | 0.11 | 30 | ||
2009-08-04 | 2009-06-30 | 0.17 | 0.12 | -0.05 | 29 | ||
2009-05-01 | 2009-03-31 | 1.69 | 1.78 | 0.09 | 5 | ||
2009-02-12 | 2008-12-31 | 1.21 | 1.25 | 0.04 | 3 | ||
2008-11-04 | 2008-09-30 | -0.28 | -0.38 | -0.1 | 35 | ||
2008-07-25 | 2008-06-30 | 0.11 | 0.08 | -0.03 | 27 | ||
2008-05-02 | 2008-03-31 | 1.67 | 1.63 | -0.04 | 2 | ||
2008-02-14 | 2007-12-31 | 1.12 | 1.11 | -0.01 | 0 | ||
2007-11-08 | 2007-09-30 | -0.31 | -0.22 | 0.09 | 29 | ||
2007-08-06 | 2007-06-30 | 0.08 | 0.1 | 0.02 | 25 | ||
2007-04-26 | 2007-03-31 | 1.53 | 1.76 | 0.23 | 15 | ||
2007-02-15 | 2006-12-31 | 1.02 | 1.09 | 0.07 | 6 | ||
2006-11-02 | 2006-09-30 | -0.31 | -0.35 | -0.04 | 12 | ||
2006-08-03 | 2006-06-30 | 0.05 | 0.07 | 0.02 | 40 | ||
2006-05-04 | 2006-03-31 | 1.47 | 1.48 | 0.01 | 0 | ||
2006-02-16 | 2005-12-31 | 0.98 | 0.93 | -0.05 | 5 | ||
2005-11-03 | 2005-09-30 | -0.33 | -0.31 | 0.02 | 6 | ||
2005-04-29 | 2005-03-31 | 1.35 | 1.43 | 0.08 | 5 | ||
2005-02-09 | 2004-12-31 | 0.93 | 0.97 | 0.04 | 4 | ||
2004-11-04 | 2004-09-30 | -0.29 | -0.3 | -0.01 | 3 | ||
2004-07-23 | 2004-06-30 | 0.11 | -0.03 | -0.14 | 127 | ||
2004-04-23 | 2004-03-31 | 1.1 | 1.24 | 0.14 | 12 | ||
2004-01-29 | 2003-12-31 | 0.84 | 0.83 | -0.01 | 1 | ||
2003-11-04 | 2003-09-30 | -0.29 | -0.25 | 0.04 | 13 | ||
2003-07-29 | 2003-06-30 | 0.1 | 0.17 | 0.07 | 70 | ||
2003-05-01 | 2003-03-31 | 0.99 | 1.01 | 0.02 | 2 | ||
2003-02-04 | 2002-12-31 | 0.72 | 0.69 | -0.03 | 4 | ||
2002-11-04 | 2002-09-30 | -0.28 | -0.26 | 0.02 | 7 | ||
2002-07-24 | 2002-06-30 | 0.12 | 0.18 | 0.06 | 50 | ||
2002-04-24 | 2002-03-31 | 1.28 | 1.32 | 0.04 | 3 | ||
2002-02-07 | 2001-12-31 | 0.83 | 0.99 | 0.16 | 19 | ||
2001-10-25 | 2001-09-30 | -0.21 | -0.22 | -0.01 | 4 | ||
2001-07-25 | 2001-06-30 | 0.11 | 0.11 | 0.0 | 0 | ||
2001-04-19 | 2001-03-31 | 1.03 | 0.99 | -0.04 | 3 | ||
2001-01-31 | 2000-12-31 | 0.75 | 0.8 | 0.05 | 6 | ||
2000-10-24 | 2000-09-30 | -0.23 | -0.22 | 0.01 | 4 | ||
2000-07-24 | 2000-06-30 | 0.02 | 0.07 | 0.05 | 250 | ||
2000-04-25 | 2000-03-31 | 1 | 1.12 | 0.12 | 12 | ||
2000-02-01 | 1999-12-31 | 0.54 | 0.53 | -0.01 | 1 | ||
1999-10-27 | 1999-09-30 | -0.24 | -0.17 | 0.07 | 29 | ||
1999-07-27 | 1999-06-30 | 0.16 | 0.4 | 0.24 | 150 | ||
1999-04-26 | 1999-03-31 | 0.87 | 0.95 | 0.08 | 9 | ||
1999-02-02 | 1998-12-31 | 0.78 | 0.71 | -0.07 | 8 | ||
1998-10-26 | 1998-09-30 | -0.2 | -0.26 | -0.06 | 30 | ||
1998-07-28 | 1998-06-30 | 0.11 | 0.14 | 0.03 | 27 | ||
1998-04-20 | 1998-03-31 | 0.89 | 0.82 | -0.07 | 7 | ||
1998-01-27 | 1997-12-31 | 0.8 | 0.76 | -0.04 | 5 | ||
1997-10-27 | 1997-09-30 | -0.17 | -0.14 | 0.03 | 17 | ||
1997-07-23 | 1997-06-30 | 0.17 | 0.07 | -0.1 | 58 | ||
1997-04-21 | 1997-03-31 | 1 | 1.07 | 0.07 | 7 | ||
1997-02-13 | 1996-12-31 | 0.76 | 0.76 | 0.0 | 0 | ||
1996-10-24 | 1996-09-30 | -0.14 | -0.04 | 0.1 | 71 | ||
1996-08-01 | 1996-06-30 | 0.12 | 0.21 | 0.09 | 75 | ||
1996-04-22 | 1996-03-31 | 1.01 | 0.99 | -0.02 | 1 |
Northwest Natural Corporate Directors
| Jane Peverett | Independent Director | Profile | |
| Monica Enand | Independent Director | Profile | |
| Timothy Boyle | Independent Director | Profile | |
| Kenneth Thrasher | Independent Director | Profile |
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Northwest Natural 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 housing. You can also try the Global Markets Map module to get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes.
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 Northwest Natural. If investors know Northwest 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 Northwest Natural 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 (0.16) | Dividend Share 1.95 | Earnings Share 2.1 | Revenue Per Share | Quarterly Revenue Growth (0.03) |
The market value of Northwest Natural Gas is measured differently than its book value, which is the value of Northwest that is recorded on the company's balance sheet. Investors also form their own opinion of Northwest Natural's value that differs from its market value or its book value, called intrinsic value, which is Northwest Natural'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 Northwest Natural's market value can be influenced by many factors that don't directly affect Northwest Natural'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 Northwest Natural's value and its price as these two are different measures arrived at by different means. Investors typically determine if Northwest Natural is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Northwest Natural'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.