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National Grid (National Grid) Enterprise Value

: $101,929 Mil (As of Today)
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Think of Enterprise Value as the theoretical takeover price. It is more comprehensive than market capitalization (Market Cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, National Grid's Enterprise Value is $101,929 Mil. National Grid's EBIT for the trailing twelve months (TTM) ended in Sep. 2023 was $6,121 Mil. Therefore, National Grid's EV-to-EBIT ratio for today is 16.65.

EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, National Grid's Enterprise Value is $101,929 Mil. National Grid's EBITDA for the trailing twelve months (TTM) ended in Sep. 2023 was $8,661 Mil. Therefore, National Grid's EV-to-EBITDA ratio for today is 11.77.

EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, National Grid's Enterprise Value is $101,929 Mil. National Grid's Revenue for the trailing twelve months (TTM) ended in Sep. 2023 was $25,330 Mil. Therefore, National Grid's EV-to-Revenue ratio for today is 4.02.


National Grid Enterprise Value Historical Data

The historical data trend for National Grid's Enterprise Value can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

National Grid Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Enterprise Value
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 73,025.06 76,399.17 81,929.27 111,576.93 98,872.35

National Grid Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
Enterprise Value Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 99,677.25 111,576.93 89,448.73 98,872.35 97,834.89

Competitive Comparison

For the Utilities - Regulated Electric subindustry, National Grid's Enterprise Value, along with its competitors' market caps and Enterprise Value data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


National Grid Enterprise Value Distribution

For the Utilities - Regulated industry and Utilities sector, National Grid's Enterprise Value distribution charts can be found below:

* The bar in red indicates where National Grid's Enterprise Value falls into.



National Grid Enterprise Value Calculation

Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.

National Grid's Enterprise Value for the fiscal year that ended in Mar. 2023 is calculated as

National Grid's Enterprise Value for the quarter that ended in Sep. 2023 is calculated as

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


National Grid  (NYSE:NGG) Enterprise Value Explanation

When an investor buy a company, the investor needs to pay not only the common shares, he/she also needs to pay the shareholders of Preferred Stocks. He also assumes the debt of the company, and receives the cash on the company's balance sheet.

If a company has more cash than debt, the investor actually pays less than the Market Cap because he immediately owns the cash once the transaction goes through.

The market value of Preferred Stock needs to be added to the market value of common stocks in the calculation of Enterprise Value.

For the companies with the same Market Cap, the smaller the Enterprise Value is, the cheaper the company is.

Enterprise Value can be negative when the company's net cash is more than its Market Cap. In this case the investor is basically getting the company for free and get paid for that.

1. EV-to-EBIT is calculated as Enterprise Value divided by its EBIT.

National Grid's EV-to-EBIT for today is

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=101928.761/6120.95
=16.65

National Grid's current Enterprise Value is $101,929 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. National Grid's EBIT for the trailing twelve months (TTM) ended in Sep. 2023 was $6,121 Mil.

2. EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA.

National Grid's EV-to-EBITDA for today is:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA(TTM)
=101928.761/8661.263
=11.77

National Grid's current Enterprise Value is $101,929 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. National Grid's EBITDA for the trailing twelve months (TTM) ended in Sep. 2023 was $8,661 Mil.

3. EV-to-Revenue is calculated as Enterprise Value divided by its Revenue.

National Grid's EV-to-Revenue for today is:

EV-to-Revenue=Enterprise Value (Today)/Revenue (TTM)
=101928.761/25330.217
=4.02

National Grid's current Enterprise Value is $101,929 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. National Grid's Revenue for the trailing twelve months (TTM) ended in Sep. 2023 was $25,330 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


National Grid Enterprise Value Related Terms

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National Grid (National Grid) Business Description

Address
1-3 Strand, London, GBR, WC2N 5EH
National Grid owns and operates the electric transmission system in England and Wales. It sold the bulk of its U.K. gas transmission business in fiscal 2023 to fund the acquisition of PPL's U.K. power distribution assets. In the Northeastern United States, it serves electricity and gas customers combined in three states. It also owns regulated transmission and electricity generation in the United States, metering services, merchant transmission lines in the U.K., and the Grain (U.K.) liquefied natural gas facility.