NG

National Grid PLCNYSE NGG Stock Report

Last reporting period 31 Mar, 2024

Updated 06 Nov, 2024

Last price

Market cap $B

68.216

Mega

Exchange

XNYS - New York Stock Exchange, Inc

View Section: Eyestock Rating

National Grid Fair Value

NG

The fair market value of NGG stock is 1467.63 USD. Relative to the market price of 64.3 USD National Grid is undervalued by 2191.4%

Eyestock's quantitative valuation approach is based on the method of estimating historical multipliers. To determine whether a stock is undervalued, we compare its current price to our estimated of fair value. The more undervalued a stock is, the more investment is profitable.

Fair Relative Value

Undervalued 2191.4%
1 467.63 USD
NGG Fair Value
64.3 USD
Market price of NGG

National Grid Valuation

Current NGG share ticker price is 64.3 USD.

The fair value level of 1467.63 USD can be considered as an effective entry point for long-term investors to start investing in NGG stock. For a more in-depth assessment, we provide a minimum value that can be used to increase a stock position and a maximum one that can be used to reduce it.

Price chart is not available

1y
3y
5y
All time
Market price

Current market price

Fair value

Current price is 11312% lower its fair value

Min value

Current price is 3102% lower its minimum value

Max value

Current price is 13068% lower its maximum value

08.11.2024

Market price:

* Eyestock is not operated by a broker, a dealer, or a registered investment adviser. Under no circumstances does any information posted on eyestock.io represent a recommendation to buy or sell a security.

NGG stock is undervalued

It means the current price may concern as a Moderate Risk Entry Point

National Grid PLC Stock Valuation Calculator

How do we value a stock?

As fair value, we use the product of the median Price-to-earnings ratios at the end of each reporting period for the last 5 years and earnings per share for the last 12 months. By analogy with the fair value, we calculate the maximum and minimum ones using the corresponding P/E extremums.

1

Maximum P/E over 5 years

21.27

2

Median P/E over 5 years

18.43

3

Minimum P/E over 5 years

5.17

4

Earning per share (last 12 months)

61.78 GBP

Maximum value

1

x

4

=

8 467.19 USD

Fair value

2

x

4

=

7 338.14 USD

Minimum value

3

x

4

=

2 059.15 USD

National Grid PLC price metrics

3.67

Annual return (geometric mean)

22.79

Risk (standard deviation) of returns

β

0.61

Beta (volatility compared to market)

It means that NGG stock is less volatile than the broader market

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View Section: Profitability