National Grid Valuation

NGG Stock  USD 86.23  1.62  1.91%   
At this time, the firm appears to be undervalued. National Grid PLC secures a last-minute Real Value of $98.01 per share. The latest price of the firm is $86.23. Our model forecasts the value of National Grid PLC from analyzing the firm fundamentals such as Current Valuation of 141.14 B, return on equity of 0.0787, and Profit Margin of 0.16 % as well as examining its technical indicators and probability of bankruptcy. Key fundamental drivers impacting National Grid's valuation include:
Price Book
1.6482
Enterprise Value
141.1 B
Enterprise Value Ebitda
13.2231
Price Sales
4.8095
Forward PE
14.0449
Undervalued
Today
86.23
Please note that National Grid's price fluctuation is very steady at this time. Calculation of the real value of National Grid PLC is based on 3 months time horizon. Increasing National Grid'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 Grid PLC. Since National Grid is currently traded on the exchange, buyers and sellers on that exchange determine the market value of National Stock. However, National Grid'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  86.23 Real  98.01 Target  80.83 Hype  86.23 Naive  88.17
The real value of National Stock, also known as its intrinsic value, is the underlying worth of National Grid PLC Company, which is reflected in its stock price. It is based on National Grid's financial performance, growth prospects, management team, or industry conditions. The intrinsic value of National Grid'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.
98.01
Real Value
99.04
Upside
Estimating the potential upside or downside of National Grid PLC 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 Grid more accurately as focusing exclusively on National Grid's fundamentals will not take into account other important factors:
Earnings
Estimates
LowProjectedHigh
1.281.301.31
Details
Hype
Prediction
LowEstimatedHigh
85.2086.2387.26
Details
Potential
Annual Dividend
LowForecastedHigh
2.152.212.27
Details
4 Analysts
Consensus
LowTarget PriceHigh
73.5580.8389.72
Details
When choosing an evaluation method for National Grid PLC, 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 Grid Cash

1.11 Billion

National Grid Total Value Analysis

National Grid PLC is now forecasted to have company total value of 141.14 B with market capitalization of 84.08 B, debt of 47.54 B, and cash on hands of 0. 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 Grid fundamentals before making security assessment based on enterprise value of the company
  Takeover PriceMarket CapDebt ObligationsCash
141.14 B
84.08 B
47.54 B
0

National Grid Investor Information

The company has price-to-book ratio of 1.65. Typically companies with comparable Price to Book (P/B) are able to outperform the market in the long run. National Grid PLC has Price/Earnings To Growth (PEG) ratio of 1.21. The entity last dividend was issued on the 21st of November 2025. The firm had 916:1000 split on the 22nd of May 2017. Based on the measurements of operating efficiency obtained from National Grid's historical financial statements, National Grid PLC 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
Operating Profit Margin0.30.31
Sufficiently Down
Pretty Stable
Total Cash From Operating Activities6.4 B6.1 B
Sufficiently Up
Slightly volatile
Operating IncomeB5.7 B
Sufficiently Up
Slightly volatile

National Grid Asset Utilization

The asset utilization indicator refers to the revenue earned for every dollar of assets a company currently reports. National Grid has an asset utilization ratio of 17.22 percent. This implies that the Company is making $0.17 for each dollar of assets. An increasing asset utilization means that National Grid PLC is more efficient with each dollar of assets it utilizes for everyday operations.
 
Dot-com Bubble
 
Housing Crash
 
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Yuan Drop
 
Covid
 
Interest Hikes

National Grid Profitability Analysis

Based on the measurements of profitability obtained from National Grid's financial statements, National Grid's profitability may be sliding down. It has an above-average probability of reporting lower numbers next quarter. Profitability indicators assess National Grid's ability to earn profits and add value for shareholders.
 
Net Income  
First Reported
2000-03-31
Previous Quarter
2.2 B
Current Value
615.5 M
Quarterly Volatility
5.7 B
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
 
Interest Hikes
At this time, National Grid's Pretax Profit Margin is most likely to slightly decrease in the upcoming years. The National Grid's current Net Profit Margin is estimated to increase to 0.24, while Gross Profit is projected to decrease to roughly 8.5 B.
Current ValueLast YearChange From Last Year 10 Year Trend
Gross Profit Margin0.460.7
Way Down
Very volatile
Net Profit Margin0.240.18
Significantly Up
Very volatile
Operating Profit Margin0.30.31
Sufficiently Down
Pretty Stable
Pretax Profit Margin0.260.23
Moderately Up
Pretty Stable
Return On Assets0.02970.0313
Notably Down
Slightly volatile
Return On Equity0.08390.0883
Notably Down
Slightly volatile
For National Grid profitability analysis, we use financial ratios and fundamental drivers that measure the ability of National Grid PLC to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well National Grid utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between National Grid's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of National Grid over time as well as its relative position and ranking within its peers.

National Grid Earnings per Share Projection vs Actual

The next projected EPS of National Grid is estimated to be 1.29985 with future projections ranging from a low of 1.28375 to a high of 1.3114. National Grid's most recent 12-month trailing earnings per share (EPS TTM) is at 4.09. Please be aware that the consensus of earnings estimates for National Grid PLC is based on EPS before non-recurring items and includes expenses related to employee stock options.
 
Credit Downgrade
 
Yuan Drop
 
Covid
 
Interest Hikes
National Grid is projected to generate 1.29985 in earnings per share on the 31st of March 2026. National Grid earnings estimates show analyst consensus about projected National Grid EPS (Earning Per Share). It derives the highest and the lowest estimates based on National Grid's historical volatility. Many public companies, such as National Grid, 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 Grid Earnings Estimation Breakdown

The calculation of National Grid'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 Grid is estimated to be 1.29985 with the future projection ranging from a low of 1.28375 to a high of 1.3114. Please be aware that this consensus of annual earnings estimates for National Grid PLC is based on EPS before non-recurring items and includes expenses related to employee stock options.
Last Reported EPS
0.46
1.28
Lowest
Expected EPS
1.29985
1.31
Highest

National Grid Earnings Projection Consensus

Suppose the current estimates of National Grid's value are higher than the current market price of the National Grid stock. In this case, investors may conclude that National Grid 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 Grid'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)
40.0%
0.46
1.29985
4.09

National Grid Ownership Allocation

National Grid PLC maintains a total of 993.73 Million outstanding shares. Roughly 94.13 % of National Grid outstanding shares are held by general public with 0.07 pct. owned by insiders and only 5.8 % by institutional investors. Please note that on September 12, 2025, Representative Valerie Hoyle of US Congress acquired under $15k worth of National Grid PLC's common stock.

National Grid Profitability Analysis

The company reported the last year's revenue of 18.38 B. Total Income to common stockholders was 2.79 B with profit before taxes, overhead, and interest of 17.48 B.

National Grid Past Distributions to stockholders

Please note that valuation analysis is one of the essential comprehensive assessments in business. It evaluates National Grid'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 Grid and how it compares across the competition.

About National Grid Valuation

The stock valuation mechanism determines National Grid's current worth on a weekly basis. Our valuation model uses a comparative analysis of National Grid. We calculate exposure to National Grid's market risk, different technical and fundamental indicators, and relevant financial multiples and ratios and then compare them to those of National Grid's related companies.
Last ReportedProjected for Next Year
Gross Profit16.4 B8.5 B
Pretax Profit Margin 0.23  0.26 
Operating Profit Margin 0.31  0.30 
Net Profit Margin 0.18  0.24 
Gross Profit Margin 0.70  0.46 

National Grid Quarterly Retained Earnings

39.98 Billion

National Grid's stock price is the clearest measure of market expectations about its performance. Without stock valuation, investors cannot independently discern whether National Grid's value is low or high relative to the company's performance and growth projections. Determining the market value of National Grid can be done in different ways, such as multiplying its stock price by its outstanding shares.
A single share of National Grid 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 Grid Dividends Analysis For Valuation

At this time, National Grid's Dividend Yield is most likely to slightly decrease in the upcoming years. The National Grid's current Dividend Payout Ratio is estimated to increase to 0.62, while Dividends Paid is projected to decrease to roughly 1.2 B. . At this time, National Grid's Price Earnings To Growth Ratio is most likely to increase slightly in the upcoming years.
Last ReportedProjected for Next Year
Dividends Paid1.7 B1.2 B
Dividend Yield 0.04  0.06 
Dividend Payout Ratio 0.61  0.62 
Dividend Paid And Capex Coverage Ratio 0.66  0.59 
There are various types of dividends National Grid 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 Grid PLC 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 Grid by the value of the dividends paid out.

National Grid Growth Indicators

Investing in growth stocks can be very risky. If the company such as National Grid 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 Outstanding945.8 M
Quarterly Earnings Growth Y O Y-0.124
Forward Price Earnings14.0449

National Grid Current Valuation Indicators

Valuation refers to the process of determining the present value of National Grid PLC 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 Grid, 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 Grid'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 Grid's worth.

Complementary Tools for National Stock analysis

When running National Grid's price analysis, check to measure National Grid'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 Grid is operating at the current time. Most of National Grid's value examination focuses on studying past and present price action to predict the probability of National Grid'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 Grid's price. Additionally, you may evaluate how the addition of National Grid to your portfolios can decrease your overall portfolio volatility.
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