NATIONAL GRID PLC

NG.
Delayed Quote. Delayed  - 11/26 11:35:13 am
1002.2GBX -0.48%
Valuation
Fiscal Period: March 2021 2022
Capitalization1 30 66536 250
Entreprise Value (EV)1 59 21175 343
P/E ratio 18,7x16,4x
Yield 5,69%5,02%
Capitalization / Revenue 2,07x2,34x
EV / Revenue 4,01x4,86x
EV / EBITDA 12,9x13,4x
Price to Book 1,53x1,71x
Nbr of stocks (in thousands) 3 549 1813 617 083
Reference price (GBP) 8,6410,0
Announcement Date 05/20/2021-
Previous period Next period
1 GBP in Million
Estimates
Income Statement Evolution
Annual Income Statement Data
Fiscal Period: March 2021 2022
Net sales1 14 77915 518
EBITDA1 4 5985 618
Operating profit (EBIT)1 2 9263 737
Operating Margin 19,8%24,1%
Pre-Tax Profit (EBT)1 2 0832 801
Net income1 1 6402 353
Net margin 11,1%15,2%
EPS2 0,460,61
Dividend per Share2 0,490,50
Announcement Date 05/20/2021-
Previous period Next period
1 GBP in Million
2 GBP
Finances - Leverage
Fiscal Period: March 2021 2022
Net Debt1 28 54639 093
Net Cash position1 --
Leverage (Debt / EBITDA) 6,21x6,96x
Free Cash Flow1 -327-2 461
ROE (Net Profit / Equities) 10,6%10,6%
Shareholders' equity1 15 47222 290
ROA (Net Profit / Asset) 2,43%3,40%
Assets1 67 49069 199
Book Value Per Share2 5,635,85
Cash Flow per Share2 1,261,48
Capex1 4 3626 628
Capex / Sales 29,5%42,7%
Announcement Date 05/20/2021-
Previous period Next period
1 GBP in Million
2 GBP
Financial Ratios
Size 2022e 2023e
Capitalization 36 250 M GBP -
Entreprise Value (EV) 75 343 M GBP 74 244 M GBP
Valuation 2022e 2023e
P/E ratio (Price / EPS) 16,4x 14,2x
Capitalization / Revenue 2,34x 2,26x
EV / Revenue 4,86x 4,70x
EV / EBITDA 13,4x 12,1x
Yield (DPS / Price) 5,02% 5,14%
Price to book (Price / BVPS) 1,71x 1,61x
Profitability 2022e 2023e
Operating Margin (EBIT / Sales) 24,1% 25,8%
Operating Leverage (Delta EBIT / Delta Sales) 5,54x 3,20x
Net Margin (Net Profit / Revenue) 15,2% 15,8%
ROA (Net Profit / Asset) 3,40% 3,30%
ROE (Net Profit / Equities) 10,6% 11,3%
Rate of Dividend 82,2% 72,9%
Balance Sheet Analysis 2022e 2023e
CAPEX / Sales   42,7% 37,9%
Cash Flow / Sales 34,6% 33,8%
Capital Intensity (Assets / Sales) 4,46x 4,78x
Financial Leverage (Net Debt / EBITDA) 6,96x 6,08x
Price Earning Ratio
Year-on-year evolution of the Yield
Change in Enterprise Value/EBITDA
EPS & Dividend