Valuation National Grid plc

Equities

Market Closed - London S.E. Other stock markets 16:35:13 11/05/2026 BST			5-day change	1st Jan Change
1,278.00 ^GBX	+0.03%		-2.37%	+11.96%

05-11	Weekly Earnings Calendar
05-07	Citigroup raises AJ Bell to 'neutral'	AN

Data adjusted to current consolidation scope

Fiscal Period: March	2021	2022	2023	2024	2025	2026	2027	2028
Capitalization ¹	30,665	42,733	40,312	39,652	49,387	63,587	-	-
Change	-	39.36%	-5.67%	-1.64%	24.55%	28.75%	-	-
Enterprise Value (EV) ¹	59,211	85,542	81,285	83,259	90,758	107,125	112,832	119,653
Change	-	44.47%	-4.98%	2.43%	9.01%	18.03%	5.33%	6.05%
P/E ratio	18.7x	18x	5.17x	17.3x	16.4x	16.4x	14.3x	13.1x
PBR	1.53x	1.77x	1.36x	1.32x	1.26x	1.59x	1.5x	1.44x
PEG	-	0.4x	0x	-0.2x	-33.73x	0.6x	1x	1.45x
Capitalization / Revenue	2.07x	2.32x	1.86x	2x	2.69x	3.38x	3.11x	2.81x
EV / Revenue	4.01x	4.64x	3.75x	4.19x	4.94x	5.69x	5.52x	5.28x
EV / EBITDA	12.9x	15.2x	12.9x	11.1x	12x	13.2x	12.1x	11.5x
EV / EBIT	20.2x	22.4x	18.9x	15.2x	19x	18.6x	16.8x	15.9x
EV / FCF	-181x	72.9x	13,547x	-162x	-46x	-35.7x	-29.4x	-25.5x
FCF Yield	-0.55%	1.37%	0.01%	-0.62%	-2.17%	-2.8%	-3.4%	-3.93%
Dividend per Share ²	0.4916	0.5097	0.5544	0.5852	0.4672	0.4828	0.495	0.5063
Rate of return	5.69%	4.35%	5.06%	5.49%	4.63%	3.78%	3.87%	3.96%
EPS ²	0.463	0.65	2.121	0.617	0.614	0.7811	0.8947	0.9758
Distribution rate	106%	78.4%	26.1%	94.8%	76.1%	61.8%	55.3%	51.9%
Net sales ¹	14,779	18,449	21,659	19,850	18,378	18,814	20,456	22,656
EBITDA ¹	4,598	5,643	6,278	7,523	7,532	8,097	9,295	10,373
EBIT ¹	2,926	3,813	4,294	5,462	4,765	5,772	6,723	7,523
Net income ¹	1,640	2,353	7,797	2,290	2,902	3,866	4,407	4,862
Net Debt ¹	28,546	42,809	40,973	43,607	41,371	43,537	49,244	56,066
Reference price ²	8.64	11.72	10.96	10.66	10.10	12.78	12.78	12.78
Nbr of stocks (in thousands)	3,549,181	3,644,928	3,676,413	3,719,722	4,892,261	4,975,547	-	-
Announcement Date	20/05/21	19/05/22	18/05/23	23/05/24	15/05/25	-	-	-

¹GBP in Million²GBP

Estimates

Add to a list 0 selected To use this feature you must be a member Log in Sign up	P/E (Y)	EV / Sales (Y)	EV / EBITDA (Y)	Dividend Yield (Y)	Capi.($)
NATIONAL GRID PLC	16.36x	5.69x	13.22x	3.78%	86.58B
ENGIE	14.24x	1.53x	8.12x	5.14%	77.26B
ABU DHABI NATIONAL ENERGY COMPANY	36.72x	5.56x	15.67x	1.7%	71.94B
SEMPRA	18.16x	6.7x	14.81x	2.88%	59.83B
EON SE	17.1x	1.12x	9.51x	3.29%	55.13B
RWE AG	21.66x	2.59x	9.96x	2.23%	48.91B
PUBLIC SERVICE ENTERPRISE GROUP, INC.	17.75x	5x	12.88x	3.45%	38.44B
ACWA POWER COMPANY	50.33x	19.69x	30.39x	0.51%	37.8B
DUBAI ELECTRICITY AND WATER AUTHORITY	16.26x	4.91x	9.61x	4.57%	36.76B
Average	23.18x	5.87x	13.80x	3.06%	56.96B
Weighted average by Cap.	22.29x	5.30x	13.25x	3.18%