National Fuel Gas Co
F:NFG

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National Fuel Gas Co Logo
National Fuel Gas Co
F:NFG
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Price: 73 EUR -1.35% Market Closed
Market Cap: 6.7B EUR
Section:
Relative Value
Relative Value
Valuation Multiples
Multiples Across Competitors
See Also

Relative Value

The Relative Value of one NFG stock under the Base Case scenario is 104.25 EUR. Compared to the current market price of 73 EUR, National Fuel Gas Co is Undervalued by 30%.

Relative Value is the estimated value of a stock based on various valuation multiples like P/E and EV/EBIT ratios. It offers a quick snapshot of a stock's valuation in relation to its peers and historical norms.

NFG Relative Value
Base Case
104.25 EUR
Undervaluation 30%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

3.6
P/S
P/S
Price to Sales
3.6
vs History
1
vs Industry
21
Median 3Y
2.5
Median 5Y
2.5
Industry
1.7
Forward
3.3
More Details
32.1
P/E
P/E
Price to Earnings
32.1
vs History
19
vs Industry
50
Median 3Y
10
Median 5Y
11.9
Industry
15.1
Forward
12.4
More Details
7.4
P/OCF
P/OCF
Price to OCF
7.4
vs History
9
vs Industry
41
Median 3Y
5.1
Median 5Y
5.3
Industry
7.3
More Details
33.7
P/FCFE
P/FCFE
Price to FCFE
33.7
vs History
33
vs Industry
19
Median 3Y
21.9
Median 5Y
21.9
Industry
14.5
More Details
2.6
P/B
P/B
Price to Book Value
2.6
vs History
17
vs Industry
18
Median 3Y
1.9
Median 5Y
1.9
Industry
1.4
More Details
4.7
EV/S
EV/S
Enterprise Value to Sales
4.7
vs History
3
vs Industry
27
Median 3Y
3.8
Median 5Y
3.9
Industry
2.9
Forward
4.2
More Details
5.2
EV/GP
EV/GP
Enterprise Value to Gross Profit
5.2
vs History
1
vs Industry
61
Median 3Y
4.2
Median 5Y
4.4
Industry
7.9
More Details
7.6
EV/EBITDA
EV/EBITDA
Enterprise Value to EBITDA
7.6
vs History
9
vs Industry
55
Median 3Y
6.4
Median 5Y
6.9
Industry
10.6
Forward
7.1
More Details
11.4
EV/EBIT
EV/EBIT
Enterprise Value to EBIT
11.4
vs History
17
vs Industry
47
Median 3Y
10
Median 5Y
10.8
Industry
15.1
Forward
11
More Details
9.6
EV/OCF
EV/OCF
Enterprise Value to OCF
9.6
vs History
19
vs Industry
49
Median 3Y
7.2
Median 5Y
7.8
Industry
11.1
More Details
55
EV/FCFF
EV/FCFF
Enterprise Value to FCFF
55
vs History
52
vs Industry
5
Median 3Y
55.1
Median 5Y
57
Industry
17
More Details
1.2
EV/IC
EV/IC
Enterprise Value to IC
1.2
vs History
0
vs Industry
27
Median 3Y
1
Median 5Y
1
Industry
0.9
More Details

Multiples Across Competitors

NFG Competitors Multiples
National Fuel Gas Co Competitors

All Multiples
P/S
P/E
EV/EBITDA
EV/EBIT
Market Cap P/S P/E EV/EBITDA EV/EBIT
US
National Fuel Gas Co
F:NFG
7.8B EUR 3.6 32.1 7.6 11.4
ES
Naturgy Energy Group SA
MAD:NTGY
25.7B EUR 1.3 12.8 6.5 9
US
Atmos Energy Corp
NYSE:ATO
26.7B USD 5.8 23.1 15.6 22.9
IT
Snam SpA
MIL:SRG
17.3B EUR 3.2 7.9 8.6 12.1
HK
Hong Kong and China Gas Co Ltd
HKEX:3
128.6B HKD 2.3 22.8 13.5 19.2
JP
Tokyo Gas Co Ltd
TSE:9531
2T JPY 0.8 13.1 7 17.9
IN
GAIL (India) Ltd
NSE:GAIL
1.1T INR 0.8 9.2 7 8.9
JP
Osaka Gas Co Ltd
TSE:9532
1.7T JPY 0.8 11.1 7.7 13.2
CN
ENN Energy Holdings Ltd
HKEX:2688
72.3B HKD 0.6 11.3 6.3 8.7
IT
Italgas SpA
MIL:IG
7.7B EUR 2 8.9 8.6 11.8
CA
AltaGas Ltd
TSX:ALA
12.4B CAD 1 15.9 12.1 16.9
EV/EBIT Multiple
EBIT Growth EV/EBIT to Growth
US
National Fuel Gas Co
F:NFG
Average EV/EBIT: 13.8
11.4
19%
0.6
ES
Naturgy Energy Group SA
MAD:NTGY
9
-4%
N/A
US
Atmos Energy Corp
NYSE:ATO
22.9
15%
1.5
IT
Snam SpA
MIL:SRG
12.1
6%
2
HK
Hong Kong and China Gas Co Ltd
HKEX:3
19.2
7%
2.7
JP
T
Tokyo Gas Co Ltd
TSE:9531
17.9
N/A N/A
IN
GAIL (India) Ltd
NSE:GAIL
8.9
0%
N/A
JP
Osaka Gas Co Ltd
TSE:9532
13.2
N/A N/A
CN
ENN Energy Holdings Ltd
HKEX:2688
8.7
8%
1.1
IT
Italgas SpA
MIL:IG
11.8
20%
0.6
CA
AltaGas Ltd
TSX:ALA
16.9
20%
0.8

See Also

Summary
NFG intrinsic value, competitors valuation, and company profile.
DCF Valuation
NFG stock valuation using Discount Cash Flow valuation method.
Relative Valuation
NFG stock valuation using valuation multiples.
Wall Street Estimates
NFG price targets and financial estimates made by Wall st analysts.
Profitability Analysis
Detailed analysis of the company's profitability.
Solvency Analysis
Analysis of the financial position and solvency of the company.
Financials
Income Statement, Balance Sheet, Cash Flow Statement.
Discount Rate
NFG stock discount rate: cost of equity and WACC.
Summary
DCF Valuation
Relative Valuation
Wall Street Estimates
Profitability Analysis
Solvency Analysis
Financials
Discount Rate
Discover More
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