National Grid (NGG) Fundamental Analysis: Revenue, Earnings & Valuation

1.92 / 10

Underperform

Fundamental analysis rates NGG as Underperform (1.9/10). Positive points include PB‑ROE, equity ratio and cash‑to‑market, yet revenue‑to‑market, profit‑to‑market and net‑profit ratios are poor. Overall, the balance sheet shows modest liquidity but earnings quality is weak.

Analysis Checks(5/10)

Revenue-MV

Value-0.28

Score1/3

Weight9.81%

1M Return3.88%

Net profit attributable to parent company shareholders / Net profit (%)

Value99.90

Score1/3

Weight3.69%

1M Return1.60%

Equity ratio (Total liabilities / Shareholders’ equity attributable to parent company) (%)

Value1.82

Score2/3

Weight5.50%

1M Return2.33%

Profit-MV

Value-0.69

Score2/3

Weight15.15%

1M Return4.04%

Net income-Revenue

Value-0.05

Score1/3

Weight11.68%

1M Return3.68%

Non-current assets / Total assets (%)

Value86.57

Score3/3

Weight7.94%

1M Return2.99%

PB-ROE

Value-0.38

Score2/3

Weight13.57%

1M Return4.36%

Cash-UP

Value-0.01

Score0/3

Weight11.40%

1M Return3.63%

Interest coverage ratio (EBIT / Interest expense) (%)

Value3.69

Score1/3

Weight5.68%

1M Return2.22%

Cash-MV

Value1.09

Score3/3

Weight15.60%

1M Return4.50%

Is NGG fundamentally strong?

NGG scores 1.92/10 on fundamentals and holds a Premium valuation at present. Backed by its 1.64% ROE, 16.46% net margin, 22.62 P/E ratio, 1.68 P/B ratio, and 35.16% earnings growth, these metrics solidify its Underperform investment rating.