National Fuel Valuation

NFG Stock  USD 83.75  0.25  0.30%   
At this time, the firm appears to be undervalued. National Fuel Gas secures a last-minute Real Value of $90.27 per share. The latest price of the firm is $83.75. Our model forecasts the value of National Fuel Gas from analyzing the firm fundamentals such as Profit Margin of 0.28 %, return on equity of 0.21, and Current Valuation of 10.46 B as well as examining its technical indicators and probability of bankruptcy. Key fundamental drivers impacting National Fuel's valuation include:
Price Book
2.2181
Enterprise Value
10.5 B
Enterprise Value Ebitda
6.9297
Price Sales
3.3444
Forward PE
10.6724
Undervalued
Today
83.75
Please note that National Fuel's price fluctuation is very steady at this time. Calculation of the real value of National Fuel Gas is based on 3 months time horizon. Increasing National Fuel's time horizon generally increases the accuracy of value calculation and significantly improves the predictive power of the methodology used.
The fair value of the National stock is determined by what a typical buyer is willing to pay for full or partial control of National Fuel Gas. Since National Fuel is currently traded on the exchange, buyers and sellers on that exchange determine the market value of National Stock. However, National Fuel's intrinsic value may or may not be the same as its current market price, in which case there is an opportunity to profit from the mispricing, assuming the market price will eventually merge with its intrinsic value.
Historical Market  83.75 Real  90.27 Target  98.33 Hype  83.56 Naive  85.05
The real value of National Stock, also known as its intrinsic value, is the underlying worth of National Fuel Gas Company, which is reflected in its stock price. It is based on National Fuel's financial performance, growth prospects, management team, or industry conditions. The intrinsic value of National Fuel's stock can be calculated using various methods such as discounted cash flow analysis, price-to-earnings ratio, or price-to-book ratio. That value may differ from its current market price, which is determined by supply and demand factors such as investor sentiment, market trends, or news.
90.27
Real Value
91.34
Upside
Estimating the potential upside or downside of National Fuel Gas helps investors to forecast how National stock's addition to their portfolios will impact the overall performance. We also use other valuation drivers to help us estimate the true value of National Fuel more accurately as focusing exclusively on National Fuel's fundamentals will not take into account other important factors:
Earnings
Estimates
LowProjectedHigh
1.922.572.86
Details
Hype
Prediction
LowEstimatedHigh
82.4983.5684.63
Details
Potential
Annual Dividend
LowForecastedHigh
1.531.561.59
Details
6 Analysts
Consensus
LowTarget PriceHigh
89.4898.33109.15
Details
When choosing an evaluation method for National Fuel Gas, ensure it is appropriate for the firm given its current financial situation and market classification. If more than one evaluation category is relevant, we suggest using all methods to arrive at a better estimate.

National Fuel Cash

47.16 Million

National Revenue by Product

National Fuel Total Value Analysis

National Fuel Gas is now forecasted to have company total value of 10.46 B with market capitalization of 7.96 B, debt of 2.83 B, and cash on hands of 43.17 M. Please note that company total value may be misleading and is a subject to accounting gimmicks. We encourage investors to carefully check all of the National Fuel fundamentals before making security assessment based on enterprise value of the company
  Takeover PriceMarket CapDebt ObligationsCash
10.46 B
7.96 B
2.83 B
43.17 M

National Fuel Investor Information

About 76.0% of the company shares are owned by institutional investors. The book value of National Fuel was now reported as 37.76. The company has Price/Earnings To Growth (PEG) ratio of 2.05. National Fuel Gas recorded earning per share (EPS) of 7.17. The entity last dividend was issued on the 31st of December 2025. The firm had 2:1 split on the 10th of September 2001. National Fuel Gas may be sliding down financialy. It has an above-average probability of going through some form of financial hardship next quarter.
Current ValueLast YearChange From Last Year 10 Year Trend
Total Cash From Operating Activities1.3 B1.3 B
Sufficiently Up
Slightly volatile

National Fuel Asset Utilization

The asset utilization indicator refers to the revenue earned for every dollar of assets a company currently reports. National Fuel has an asset utilization ratio of 26.12 percent. This implies that the Company is making $0.26 for each dollar of assets. An increasing asset utilization means that National Fuel Gas is more efficient with each dollar of assets it utilizes for everyday operations.
 
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Covid
 
Interest Hikes

National Fuel Profitability Analysis

Taking into consideration National Fuel's profitability measurements, National Fuel's profitability may be sliding down. It has an above-average probability of reporting lower numbers next quarter. Profitability indicators assess National Fuel's ability to earn profits and add value for shareholders.
 
Net Income  
First Reported
1985-09-30
Previous Quarter
107.3 M
Current Value
181.6 M
Quarterly Volatility
66.9 M
 
Black Monday
 
Oil Shock
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
 
Interest Hikes
At this time, National Fuel's Operating Profit Margin is most likely to increase slightly in the upcoming years. The National Fuel's current Net Profit Margin is estimated to increase to 0.22, while Gross Profit Margin is projected to decrease to 0.53.
Current ValueLast YearChange From Last Year 10 Year Trend
Gross Profit Margin0.530.76
Way Down
Slightly volatile
For National Fuel profitability analysis, we use financial ratios and fundamental drivers that measure the ability of National Fuel Gas to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well National Fuel utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between National Fuel's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of National Fuel over time as well as its relative position and ranking within its peers.

National Fuel Earnings per Share Projection vs Actual

The next projected EPS of National Fuel is estimated to be 2.57 with future projections ranging from a low of 1.92 to a high of 2.8637. National Fuel's most recent 12-month trailing earnings per share (EPS TTM) is at 7.17. Please be aware that the consensus of earnings estimates for National Fuel Gas is based on EPS before non-recurring items and includes expenses related to employee stock options.
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
 
Interest Hikes
National Fuel is projected to generate 2.57 in earnings per share on the 31st of March 2026. National Fuel earnings estimates show analyst consensus about projected National Fuel EPS (Earning Per Share). It derives the highest and the lowest estimates based on National Fuel's historical volatility. Many public companies, such as National Fuel, manage the perception of their earnings on a regular basis to make sure that analyst estimates are accurate. Future earnings calculations are also an essential input when attempting to value a firm.

National Fuel Earnings Estimation Breakdown

The calculation of National Fuel'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 National Fuel is estimated to be 2.57 with the future projection ranging from a low of 1.92 to a high of 2.8637. Please be aware that this consensus of annual earnings estimates for National Fuel Gas is based on EPS before non-recurring items and includes expenses related to employee stock options.
Last Reported EPS
2.06
1.92
Lowest
Expected EPS
2.57
2.86
Highest

National Fuel Earnings Projection Consensus

Suppose the current estimates of National Fuel's value are higher than the current market price of the National Fuel stock. In this case, investors may conclude that National Fuel 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 National Fuel's stock will quickly adjusts to the new information provided by the consensus estimate.
Number of AnalystsHistorical AccuracyLast Reported EPSEstimated EPS for 31st of March 2026Current EPS (TTM)
592.88%
2.06
2.57
7.17

National Fuel Ownership Allocation

National Fuel Gas maintains a total of 95.02 Million outstanding shares. The majority of National Fuel outstanding shares are owned by institutional investors. These third-party entities are usually referred to as non-private investors looking to shop for positions in National Fuel Gas to benefit from reduced commissions. Consequently, institutional holders are subject to a different set of regulations than regular investors in National Fuel Gas. Please pay attention to any change in the institutional holdings of National Fuel as this could imply that something significant has changed or is about to change at the company. Please note that on October 12, 2022, Representative Virginia Foxx of US Congress acquired under $15k worth of National Fuel Gas's common stock.

National Fuel Profitability Analysis

The company reported the last year's revenue of 2.28 B. Total Income to common stockholders was 518.5 M with profit before taxes, overhead, and interest of 1.57 B.

National Fuel Past Distributions to stockholders

Please note that valuation analysis is one of the essential comprehensive assessments in business. It evaluates National Fuel's worth, which you can determine by considering its current assets, liabilities and future cash flows. The investors' valuation analysis is an important metric that will give you a perspective on different companies. It helps you know the worth of the potential investment in National Fuel and how it compares across the competition.

About National Fuel Valuation

The stock valuation mechanism determines National Fuel's current worth on a weekly basis. Our valuation model uses a comparative analysis of National Fuel. We calculate exposure to National Fuel's market risk, different technical and fundamental indicators, and relevant financial multiples and ratios and then compare them to those of National Fuel's related companies.
Last ReportedProjected for Next Year
Gross Profit1.4 B1.4 B
Pretax Profit Margin 0.27  0.29 
Operating Profit Margin 0.32  0.34 
Net Profit Margin 0.20  0.22 
Gross Profit Margin 0.76  0.53 

National Fuel Quarterly Retained Earnings

2.14 Billion

National Fuel's stock price is the clearest measure of market expectations about its performance. Without stock valuation, investors cannot independently discern whether National Fuel's value is low or high relative to the company's performance and growth projections. Determining the market value of National Fuel can be done in different ways, such as multiplying its stock price by its outstanding shares.
A single share of National Fuel represents a small ownership stake in the entity. As a stockholder of National, your percentage of company ownership is determined by dividing the number of shares you own by the total number of shares outstanding and then multiplying that amount by 100. Owning stock in a company generally confers both corporate voting rights and income from any dividends paid to the stock owner.

National Fuel Dividends Analysis For Valuation

At this time, National Fuel's Dividend Yield is most likely to increase slightly in the upcoming years. The National Fuel's current Dividend Payout Ratio is estimated to increase to 0.64, while Dividends Paid is projected to decrease to roughly 123.9 M. . At this time, National Fuel's Retained Earnings are most likely to increase significantly in the upcoming years. The National Fuel's current Price Earnings To Growth Ratio is estimated to increase to 0.03, while Retained Earnings Total Equity is projected to decrease to roughly 1.2 B.
Last ReportedProjected for Next Year
Dividends Paid216.7 M123.9 M
Dividend Yield 0.03  0.04 
Dividend Payout Ratio 0.42  0.64 
Dividend Paid And Capex Coverage Ratio 1.15  1.03 
There are various types of dividends National Fuel can pay to its shareholders, and the actual value of the dividend is determined on a per-share basis. It is to be paid equally to all of National shareholders on a specific date, known as the payable date. The cash dividend is the most common type of dividend payment - it is the payment of actual cash from National Fuel Gas directly to its shareholders. There are other types of dividends that companies can issue, such as stock dividends or asset dividends. When National pays a dividend, it has no impact on its enterprise value. It does, however, lowers the Equity Value of National Fuel by the value of the dividends paid out.

National Fuel Growth Indicators

Investing in growth stocks can be very risky. If the company such as National Fuel does not do well, investors take a loss on the stock when it is time to sell. Also, because growth stocks typically do not pay dividends, the only opportunity an investor has to make money on their investment is when they eventually sell their shares.
Common Stock Shares Outstanding91.2 M
Quarterly Earnings Growth Y O Y3.041
Forward Price Earnings10.6724

National Fuel Current Valuation Indicators

Valuation refers to the process of determining the present value of National Fuel Gas and all of its assets. It can be calculated using a number of techniques. As many analysts who try to value National we look at many different elements of the entity such as National's management, its prospective future earnings, the current market value of the company's assets, as well as its capital structure formation.
Valuations are an essential part of business, for companies themselves, but also for investors. For companies, such as National Fuel, valuations can help measure their progress and success and can help them track their performance in the market compared to others. In addition, investors can use National Fuel's valuations to help determine the worth of potential investments. They can do this by using data and information made public by a company. Regardless of who the valuation is for, it essentially describes National Fuel's worth.

Complementary Tools for National Stock analysis

When running National Fuel's price analysis, check to measure National Fuel's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy National Fuel is operating at the current time. Most of National Fuel's value examination focuses on studying past and present price action to predict the probability of National Fuel's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move National Fuel's price. Additionally, you may evaluate how the addition of National Fuel to your portfolios can decrease your overall portfolio volatility.
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