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National Grid (National Grid) EV-to-EBIT : 16.85 (As of Apr. 24, 2024)


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What is National Grid EV-to-EBIT?

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, National Grid's Enterprise Value is $103,167 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 for today is 16.85.

The historical rank and industry rank for National Grid's EV-to-EBIT or its related term are showing as below:

NGG' s EV-to-EBIT Range Over the Past 10 Years
Min: 12.9   Med: 16.7   Max: 26.85
Current: 16.85

During the past 13 years, the highest EV-to-EBIT of National Grid was 26.85. The lowest was 12.90. And the median was 16.70.

NGG's EV-to-EBIT is ranked worse than
61.88% of 467 companies
in the Utilities - Regulated industry
Industry Median: 12.73 vs NGG: 16.85

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. National Grid's Enterprise Value for the quarter that ended in Sep. 2023 was $97,835 Mil. National Grid's EBIT for the trailing twelve months (TTM) ended in Sep. 2023 was $6,121 Mil. National Grid's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2023 was 6.26%.


National Grid EV-to-EBIT Historical Data

The historical data trend for National Grid's EV-to-EBIT 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 EV-to-EBIT Chart

National Grid Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
EV-to-EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 19.39 25.80 23.17 18.46 15.29

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
EV-to-EBIT Get a 7-Day Free Trial 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 - 18.46 - 15.29 -

Competitive Comparison of National Grid's EV-to-EBIT

For the Utilities - Regulated Electric subindustry, National Grid's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT 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's EV-to-EBIT Distribution in the Utilities - Regulated Industry

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

* The bar in red indicates where National Grid's EV-to-EBIT falls into.



National Grid EV-to-EBIT Calculation

National Grid's EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=103166.729/6120.95
=16.85

National Grid's current Enterprise Value is $103,167 Mil.
For company reported semi-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.

* 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) EV-to-EBIT Explanation

This is a more accurate valuation of companies' operation because it considers the debt and cash on its balance sheet, and non-operating items such as interest payment, tax, and one-time items are not included in the Operating Income.

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %.

National Grid's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2023 is calculated as:

Earnings Yield (Joel Greenblatt) % (Q: Sep. 2023 ) =EBIT / Enterprise Value (Q: Sep. 2023 )
=6120.95/97834.88738
=6.26 %

National Grid's Enterprise Value for the quarter that ended in Sep. 2023 was $97,835 Mil.
For company reported semi-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.

* 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 EV-to-EBIT Related Terms

Thank you for viewing the detailed overview of National Grid's EV-to-EBIT provided by GuruFocus.com. Please click on the following links to see related term pages.


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.