National Grid Financials

NNGD Stock  EUR 54.00  1.00  1.82%   
Financial data analysis helps to check out if markets are presently mispricing National Grid plc. We were able to analyze and collect data for thirty-four available fundamentals for National Grid, which can be compared to its peers in the industry. The stock experiences a somewhat bearish sentiment, but the market may correct it shortly. Check odds of National Grid to be traded at €52.38 in 90 days.
  

National Grid Stock Summary

National Grid competes with Iberdrola, Enel SpA, Enel SpA, National Grid, and Sempra. National Grid plc transmits and distributes electricity and natural gas. The company was founded in 1990 and is headquartered in London, the United Kingdom. NATL GRID is traded on Frankfurt Stock Exchange in Germany.
InstrumentGermany Stock View All
ExchangeFrankfurt Exchange
ISINUS6362744095
Business Address1-3 Strand, London,
SectorUtilities
IndustryUtilities - Diversified
BenchmarkDow Jones Industrial
Websitewww.nationalgrid.com
Phone44 20 7004 3000
CurrencyEUR - Euro
You should never invest in National Grid without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of National Stock, because this is throwing your money away. Analyzing the key information contained in National Grid's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.

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 regarded fourth in return on equity category among its peers. It is regarded fifth 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

National Grid's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. National Grid volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. The Beta measures systematic risk based on how returns on National Grid plc correlated with the market. If Beta is less than 0 National Grid generally moves in the opposite direction as compared to the market. If National Grid Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one National Grid plc is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of National Grid is generally in the same direction as the market. If Beta > 1 National Grid moves generally in the same direction as, but more than the movement of the benchmark.

National Grid December 24, 2024 Opportunity Range

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 Stock 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.

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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