National Grid Transco, PLC (NYSE: NGG) is one of 16 publicly-traded companies in the “Multiline Utilities” industry, but how does it contrast to its competitors? We will compare National Grid Transco, PLC to similar businesses based on the strength of its valuation, dividends, profitability, risk, analyst recommendations, institutional ownership and earnings.

Earnings & Valuation

This table compares National Grid Transco, PLC and its competitors revenue, earnings per share and valuation.

Gross Revenue NetIncome Price/Earnings Ratio
National Grid Transco, PLC $18.62 billion $10.19 billion 18.83
National Grid Transco, PLC Competitors $7.60 billion $1.79 billion 588.51

National Grid Transco, PLC has higher revenue and earnings than its competitors. National Grid Transco, PLC is trading at a lower price-to-earnings ratio than its competitors, indicating that it is currently more affordable than other companies in its industry.

Profitability

This table compares National Grid Transco, PLC and its competitors’ 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 10.15% 11.46% 3.30%

Dividends

National Grid Transco, PLC pays an annual dividend of $2.89 per share and has a dividend yield of 4.9%. National Grid Transco, PLC pays out 92.3% of its earnings in the form of a dividend, suggesting it may not have sufficient earnings to cover its dividend payment in the future. As a group, “Multiline Utilities” companies pay a dividend yield of 3.3% and pay out 75.8% of their earnings in the form of a dividend.

Risk and Volatility

National Grid Transco, PLC has a beta of 0.44, suggesting that its share price is 56% less volatile than the S&P 500. Comparatively, National Grid Transco, PLC’s competitors have a beta of 0.45, suggesting that their average share price is 55% less volatile than the S&P 500.

Insider & Institutional Ownership

5.2% of National Grid Transco, PLC shares are held by institutional investors. Comparatively, 71.1% of shares of all “Multiline Utilities” companies are held by institutional investors. 0.5% of shares of all “Multiline Utilities” companies are held by company insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a stock is poised for long-term growth.

Analyst Recommendations

This is a summary of recent ratings for National Grid Transco, PLC and its competitors, as provided 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 325 930 820 5 2.24

National Grid Transco, PLC presently has a consensus target price of $69.00, suggesting a potential upside of 17.07%. As a group, “Multiline Utilities” companies have a potential upside of 10.18%. Given National Grid Transco, PLC’s stronger consensus rating and higher probable upside, equities research analysts plainly believe National Grid Transco, PLC is more favorable than its competitors.

Summary

National Grid Transco, PLC competitors beat National Grid Transco, PLC on 8 of the 14 factors compared.

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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