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Relative Strength (%)
Volume Change (%)
10d v 3m
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52w High
50d MA
200d MA
Growth & Value
Margin of Safety (beta)
Screens Passed 2 / 1
Balance Sheet · Income Statement · Cashflow Financial Summary
Year End 31st Mar 2010 2011 2012 2013 2014 2015 TTM 2016E 2017E CAGR / Avg
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Operating Profit £m
Net Profit £m
EPS Reported p
EPS Normalised p
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Last ex-div: 2nd Jun, paid: 10th Aug more... Dividends
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Dividend Cover x
Balance Sheet
Cash etc £m
Working Capital £m
Net Fixed Assets £m
Net Debt £m
Book Value £m
Average Shares m
Book Value ps p +13.5%

FINANCIAL BRIEF: For the six months ended 30 September 2015, National Grid plc revenues increased 8% to L6.85B. Net income increased 15% to L1.05B. Revenues reflect US Regulated segment increase of 6% to L3.13B, UK Electricity Transmission segment increase of 10% to L1.96B, UK Transmission segment increase of 16% to L435M, United Kingdom segment increase of 9% to L3.7B, United States segment increase of 6% to L3.16B. more »

Health Trend
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  Earnings Manipulation Risk
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Leverage (ttm) Total Ex Intang
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Recent History
Latest interim period (ended 30th Sep '15) vs. prior year
Sales Growth %
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3yr Compound Annual Growth Rate
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Broker Forecasts
31st Mar 2016
31st Mar 2017

Price Target: 9.16
(-4.41% below Price)
Net Profit EPS DPS Net Profit EPS DPS
Est. Long Term Growth Rate: +2.1% (£) (p) (p) (£) (p) (p)
Consensus Estimate
1m Change
3m Change
19 brokers Broker Consensus Trend
Broker Recommendations for National Grid
Recommendation:Strong SellSellHoldBuyStrong Buy
No. of Analysts: 1 4 9 3 1

Named Brokers and Analysts
Jefferies Peter Atherton , Credit Suisse Mark Freshney , BERNSTEIN Deepa Venkateswaran , Investec Bank (UK) Plc Roshan Patel , Edison Investment Research Graeme Moyse , CA Cheuvreux , Macquarie Research Dominic Nash , Societe Generale Ashley Thomas , Berenberg , Haitong Research (UK) , Morningstar, Inc. Travis Miller , Day by Day Valérie GASTALDY , Liberum Peter Atherton , and 1 unnamed other

Profile Summary

National Grid Plc is an electricity and gas utility company. The UK Electricity Transmission includes high voltage electricity transmission networks in Great Britain. Its UK Gas Transmission provides the gas transmission network in Great Britain and UK liquefied natural gas (LNG) storage activities. The Company’s UK Gas Distribution includes four of the eight regional networks of Great Britain’s gas distribution system. US Regulated 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 and Massachusetts. The Company’s activities primarily relate to non-regulated businesses and other commercial operations, including United Kingdom based gas and electricity metering activities; UK property management; a UK LNG import terminal; other LNG operations, and US unregulated transmission pipelines.

Directors: Steven Holliday (EDR) 57, Andrew Bonfield (FID) 51, David Lister (CIO) , Alison Kay (GCN) , John Pettigrew (CEO) 46, Dean Seavers (EDR) 54, Mike Westcott (DHR) , Stephanie Hazell (OTH) , George Mayhew (OTH) , Peter Gershon (NEC) 68, Therese Esperdy (NED) 54, Nora Brownell (NID) 68, Jonathan Dawson (NID) 63, Paul Golby (NID) 64,

No. of Employees: 24,274 No. of Shareholders: 960,654

Last Annual March 31st, 2015
Last Interim September 30th, 2015
Incorporated July 11, 2000
Public Since January 31, 2002
Shares in Issue 3,747,148,058
Free Float 3.38bn (90.1%)

NG. Share Price Performance NG.Quote
-17.6  -1.8%
Traded 4:37pm · Minimum 15 min delayed · NMS: 2.00k

Latest NG. News Announcements (delayed)

Upcoming NG. Events

Recent ↓
Thursday 17th September, 2015
National Grid PLC at Morgan Stanley Utility Conference
Wednesday 16th September, 2015
National Grid PLC at Bank of America Power & Gas Leaders Conference
Tuesday 8th September, 2015
National Grid PLC at Barclays CEO Energy-Power Conference
Monday 7th September, 2015
National Grid PLC at Exane Bnp Paribas Reverse Roadshow - London
Tuesday 21st July, 2015
National Grid PLC Annual Shareholders Meeting
Thursday 11th June, 2015
National Grid PLC at ODDO Securities Environment Forum
Wednesday 10th June, 2015
National Grid PLC at Bank of America Merrill Lynch Utilities & Renewables Conference
Thursday 4th June, 2015
Dividend For NG.L
Tuesday 2nd June, 2015
National Grid PLC at Credit Suisse Global Energy Conference
Wednesday 3rd June, 2015
Dividend For NGG
Wednesday 3rd June, 2015
Dividend For NGG.BA
Thursday 28th May, 2015
National Grid PLC at JPMorgan Amsterdam Investor Forum
Thursday 21st May, 2015
Full Year 2014/15 National Grid PLC Earnings Call (Afternoon Session with Q&A)
Thursday 21st May, 2015
Full Year 2014/15 National Grid PLC Earnings Call
Thursday 21st May, 2015
Full Year 2014/15 National Grid PLC Earnings Release
Wednesday 25th March, 2015
National Grid PLC Roadshow - Richmond
Wednesday 25th March, 2015
National Grid PLC Roadshow - Miami
Wednesday 25th March, 2015
National Grid PLC Roadshow - Fort Lauderdale
Wednesday 11th March, 2015
National Grid PLC at Citi West Coast Symposium
Tuesday 10th March, 2015
National Grid PLC at Citi "CEEMEA" Symposium

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