National Grid Transco, PLC (NYSE: NGG) is one of 19 publicly-traded companies in the “Multiline Utilities” industry, but how does it compare to its rivals? We will compare National Grid Transco, PLC to related companies based on the strength of its earnings, valuation, risk, profitability, analyst recommendations, dividends and institutional ownership.
Volatility and Risk
National Grid Transco, PLC has a beta of 0.45, suggesting that its share price is 55% less volatile than the S&P 500. Comparatively, National Grid Transco, PLC’s rivals have a beta of 0.62, suggesting that their average share price is 38% less volatile than the S&P 500.
This table compares National Grid Transco, PLC and its rivals’ net margins, return on equity and return on assets.
|Net Margins||Return on Equity||Return on Assets|
|National Grid Transco, PLC||N/A||N/A||N/A|
|National Grid Transco, PLC Competitors||8.98%||9.57%||2.66%|
National Grid Transco, PLC pays an annual dividend of $2.89 per share and has a dividend yield of 4.9%. As a group, “Multiline Utilities” companies pay a dividend yield of 3.0% and pay out 75.3% of their earnings in the form of a dividend.
This is a breakdown of recent ratings for National Grid Transco, PLC and its rivals, as reported by MarketBeat.
|Sell Ratings||Hold Ratings||Buy Ratings||Strong Buy Ratings||Rating Score|
|National Grid Transco, PLC||2||4||7||0||2.38|
|National Grid Transco, PLC Competitors||338||984||844||6||2.24|
National Grid Transco, PLC currently has a consensus target price of $69.00, suggesting a potential upside of 16.57%. As a group, “Multiline Utilities” companies have a potential upside of 6.84%. Given National Grid Transco, PLC’s stronger consensus rating and higher probable upside, research analysts clearly believe National Grid Transco, PLC is more favorable than its rivals.
Valuation & Earnings
This table compares National Grid Transco, PLC and its rivals gross revenue, earnings per share (EPS) and valuation.
|Gross Revenue||NetIncome||Price/Earnings Ratio|
|National Grid Transco, PLC||$18.62 billion||$10.19 billion||N/A|
|National Grid Transco, PLC Competitors||$6.18 billion||$1.36 billion||486.30|
National Grid Transco, PLC has higher revenue and earnings than its rivals.
Institutional & Insider Ownership
5.2% of National Grid Transco, PLC shares are owned by institutional investors. Comparatively, 65.9% of shares of all “Multiline Utilities” companies are owned by institutional investors. 3.1% of shares of all “Multiline Utilities” companies are owned by company insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a company will outperform the market over the long term.
National Grid Transco, PLC Company Profile
National Grid plc is an electricity and gas utility company focused on transmission and distribution activities in electricity and gas in both the United Kingdom and the United States. The Company’s segments include UK Electricity Transmission, which is engaged in high voltage electricity transmission networks in Great Britain; UK Gas Transmission, which is the gas transmission network in Great Britain and United Kingdom liquefied natural gas (LNG) storage activities; UK Gas Distribution, which includes approximately four of the eight regional networks of Great Britain’s gas distribution system, and US Regulated, which includes gas distribution networks, electricity distribution networks and high voltage electricity transmission networks in New York, and New England and electricity generation facilities in New York. Its other activities relate to non-regulated businesses and other commercial operations not included within the above segments.
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