National Grid PLC
LSE:NG

Watchlist Manager
National Grid PLC Logo
National Grid PLC
LSE:NG
Watchlist
Price: 1 039.75 GBX 0.31%
Market Cap: 51B GBX
Section:
Relative Value
Relative Value
Valuation Multiples
Multiples Across Competitors
See Also

Relative Value

The Relative Value of one NG stock under the Base Case scenario is hidden GBX. Compared to the current market price of 1 039.75 GBX, National Grid PLC is hidden .

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.

NG Relative Value
HIDDEN
Show
Worst Case
Base Case
Best Case

Valuation Multiples

2.8
P/S
P/S
Price to Sales
2.8
vs History
11
vs Industry
34
Median 3Y
2.2
Median 5Y
2.3
Industry
1.7
Forward
2.6
More Details
17.5
P/E
P/E
Price to Earnings
17.5
vs History
58
vs Industry
17
Median 3Y
14.4
Median 5Y
20.4
Industry
14.8
Forward
13.5
More Details
7.6
P/OCF
P/OCF
Price to OCF
7.6
vs History
31
vs Industry
40
Median 3Y
6.5
Median 5Y
7.3
Industry
7
More Details
Negative
P/FCFE
P/FCFE
Price to FCFE
N/A
vs History
vs Industry
25
Median 3Y
-7.5
Median 5Y
4.2
Industry
14
More Details
1.3
P/B
P/B
Price to Book Value
1.3
vs History
76
vs Industry
48
Median 3Y
1.4
Median 5Y
1.7
Industry
1.4
More Details
4.7
EV/S
EV/S
Enterprise Value to Sales
4.7
vs History
11
vs Industry
32
Median 3Y
4.1
Median 5Y
4.2
Industry
2.8
Forward
4.5
More Details
N/A
EV/GP
EV/GP
Enterprise Value to Gross Profit
N/A
vs History
vs Industry
62
Median 3Y
0
Median 5Y
0
Industry
7.7
More Details
12.6
EV/EBITDA
EV/EBITDA
Enterprise Value to EBITDA
12.6
vs History
50
vs Industry
38
Median 3Y
12.4
Median 5Y
12.6
Industry
10.3
Forward
10.5
More Details
18.4
EV/EBIT
EV/EBIT
Enterprise Value to EBIT
18.4
vs History
49
vs Industry
38
Median 3Y
17.7
Median 5Y
18.4
Industry
14.9
Forward
14.9
More Details
13
EV/OCF
EV/OCF
Enterprise Value to OCF
13
vs History
34
vs Industry
35
Median 3Y
12.2
Median 5Y
12.7
Industry
10.8
More Details
Negative
EV/FCFF
EV/FCFF
Enterprise Value to FCFF
N/A
vs History
vs Industry
3
Median 3Y
-33.3
Median 5Y
-48.9
Industry
16.5
More Details
0.9
EV/IC
EV/IC
Enterprise Value to IC
0.9
vs History
53
vs Industry
42
Median 3Y
0.9
Median 5Y
0.9
Industry
0.9
More Details

Multiples Across Competitors

NG Competitors Multiples
National Grid PLC Competitors

All Multiples
P/S
P/E
EV/EBITDA
EV/EBIT
Market Cap P/S P/E EV/EBITDA EV/EBIT
UK
National Grid PLC
LSE:NG
50.9B GBP 2.8 17.5 12.6 18.4
FR
Engie SA
PAR:ENGI
46.1B EUR 0.6 11.5 5.2 8.7
US
Sempra
VSE:SREN
43.4B EUR 3.7 17 15.1 27.5
US
Sempra Energy
NYSE:SRE
48.7B USD 3.6 16.7 15 27.2
US
Dominion Energy Inc
NYSE:D
47.5B USD 3.2 23.4 13.4 21
DE
E.ON SE
XETRA:EOAN
40.1B EUR 0.5 8.9 6 8.9
US
Public Service Enterprise Group Inc
NYSE:PEG
39.8B USD 3.7 21.7 15.4 24.2
US
Consolidated Edison Inc
NYSE:ED
36.4B USD 2.3 19.2 12.4 21.9
DE
E ON SE
MIL:EOAN
31.3B EUR 0.4 26.7 9.9 35.4
US
WEC Energy Group Inc
NYSE:WEC
33.5B USD 3.7 20.5 13.9 22.2
DE
RWE AG
XETRA:RWE
24.8B EUR 1 6.2 4.1 7
P/E Multiple
Earnings Growth PEG
UK
National Grid PLC
LSE:NG
Average P/E: 17.2
17.5
16%
1.1
FR
Engie SA
PAR:ENGI
11.5
5%
2.3
US
S
Sempra
VSE:SREN
17
7%
2.4
US
Sempra Energy
NYSE:SRE
16.7
8%
2.1
US
Dominion Energy Inc
NYSE:D
23.4
18%
1.3
DE
E.ON SE
XETRA:EOAN
8.9
-10%
N/A
US
Public Service Enterprise Group Inc
NYSE:PEG
21.7
9%
2.4
US
Consolidated Edison Inc
NYSE:ED
19.2
9%
2.1
DE
E ON SE
MIL:EOAN
26.7
77%
0.3
US
WEC Energy Group Inc
NYSE:WEC
20.5
8%
2.6
DE
RWE AG
XETRA:RWE
6.2
-24%
N/A
EV/EBITDA Multiple
EBITDA Growth EV/EBITDA to Growth
UK
National Grid PLC
LSE:NG
Average EV/EBITDA: 11.2
12.6
15%
0.8
FR
Engie SA
PAR:ENGI
5.2
0%
N/A
US
S
Sempra
VSE:SREN
15.1
9%
1.7
US
Sempra Energy
NYSE:SRE
15
9%
1.7
US
Dominion Energy Inc
NYSE:D
13.4
14%
1
DE
E.ON SE
XETRA:EOAN
6
-8%
N/A
US
Public Service Enterprise Group Inc
NYSE:PEG
15.4
13%
1.2
US
Consolidated Edison Inc
NYSE:ED
12.4
13%
1
DE
E ON SE
MIL:EOAN
9.9
-23%
N/A
US
WEC Energy Group Inc
NYSE:WEC
13.9
11%
1.3
DE
RWE AG
XETRA:RWE
4.1
-7%
N/A
EV/EBIT Multiple
EBIT Growth EV/EBIT to Growth
UK
National Grid PLC
LSE:NG
Average EV/EBIT: 20.2
18.4
16%
1.1
FR
Engie SA
PAR:ENGI
8.7
1%
8.7
US
S
Sempra
VSE:SREN
27.5
12%
2.3
US
Sempra Energy
NYSE:SRE
27.2
12%
2.3
US
Dominion Energy Inc
NYSE:D
21
19%
1.1
DE
E.ON SE
XETRA:EOAN
8.9
-11%
N/A
US
Public Service Enterprise Group Inc
NYSE:PEG
24.2
16%
1.5
US
Consolidated Edison Inc
NYSE:ED
21.9
15%
1.5
DE
E ON SE
MIL:EOAN
35.4
-30%
N/A
US
WEC Energy Group Inc
NYSE:WEC
22.2
11%
2
DE
RWE AG
XETRA:RWE
7
-9%
N/A

See Also

Summary
NG intrinsic value, competitors valuation, and company profile.
DCF Valuation
NG stock valuation using Discount Cash Flow valuation method.
Relative Valuation
NG stock valuation using valuation multiples.
Wall Street Estimates
NG 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
NG 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
Back to Top
ALPHA SPREAD
Follow us
Join more than 260,700+ value investors using Alpha Spread
Create Free Account
or see our plans & pricing

Company

About Us Careers Pricing Affiliate Program Terms of Service Privacy Policy

Help

What is Intrinsic Value? Help Center Contact Us

Tools

Stock Screener Intrinsic Value Calculator DCF Value Calculator Discount Rate Calculator

Stocks

Most Undervalued Stocks Wide Economic Moat Stocks High Profitability Stocks High Solvency Stocks Most Popular Stocks

© 2025 Alpha Spread Limited. All Rights Reserved.

www.alphaspread.com is not operated by a broker, a dealer, or a registered investment adviser. Under no circumstances does any information posted on www.alphaspread.com represent a recommendation to buy or sell a security. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute, investment advice or recommendations. The information on this site is in no way guaranteed for completeness, accuracy or in any other way. In no event shall Alpha Spread Limited be liable to any member, guest or third party for any damages of any kind arising out of the use of any content or other material published or available on www.alphaspread.com, or relating to the use of, or inability to use, www.alphaspread.com or any content, including, without limitation, any investment losses, lost profits, lost opportunity, special, incidental, indirect, consequential or punitive damages. Past performance is a poor indicator of future performance.