National Grid Financials

National Grid Stock Summary

National Grid competes with Consolidated Edison, Entergy, FirstEnergy, PPL, and American Electric. National Grid plc transmits and distributes electricity and gas. The company was founded in 1990 and is headquartered in London, the United Kingdom. National Grid operates under UtilitiesRegulated Electric classification in the United States and is traded on OTC Exchange. It employs 29292 people.

National Grid Key Financial Ratios

There are many critical financial ratios that National Grid's investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that National Grid plc reports annually and quarterly.

National Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining National Grid's current stock value. Our valuation model uses many indicators to compare National Grid value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across National Grid competition to find correlations between indicators driving National Grid's intrinsic value. More Info.National Grid plc is considered to be number one stock in return on equity category among its peers. It also is considered to be number one stock in return on asset category among its peers reporting about  0.25  of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for National Grid plc is roughly  4.06 . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the National Grid's earnings, one of the primary drivers of an investment's value.

National Grid plc Systematic Risk

Along with financial statement analysis, the daily predictive indicators of National Grid help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of National Grid plc. We use our internally-developed statistical techniques to arrive at the intrinsic value of National Grid plc based on widely used predictive technical indicators. In general, we focus on analyzing National Pink Sheet price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build National Grid's daily price indicators and compare them against related drivers.

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.