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Upturn AI Summary - About
National Grid PLC ADR(NGG)
Advisory History & Simulated Performance *
*as per simulation (see disclosures)- ALL
- 1Y
- 1M
- 1W
- BUY Advisory
- SELL Advisory (Profit)
- SELL Advisory (Loss)
- Profit
- Loss
- PASS (Skip)
Stock price based on last close Advisory Performance History (Simulated)
Upturn Advisory & Investor View for NGG
10/23/2026: NGG (1-star) has a low Upturn Star Rating. Not recommended to BUY.
National Grid PLC is a major electricity and gas utility, operating critical energy infrastructure in the UK and the Northeastern US. The company is characterized by its regulated asset base, which provides stable, predictable cash flows and supports reliable dividends for income-focused investors. Its primary investment story centers on the essential role it plays in the energy transition through grid modernization and electrification. However, the company faces risks from high debt levels, regulatory sensitivity, and the massive capital expenditures required for infrastructure upgrades. It is generally best suited for risk-averse income investors who should closely monitor regulatory rate decisions and interest rate trends that impact financing costs.
How to Read the Upturn Advisory
The Upturn Star Rating and the current BUY, SELL, or PASS advisory are generated by Upturn’s AI advisory engine based on proprietary signal analysis, price behavior, advisory history, and historical signal performance.
Company fundamentals, valuation, risks, and news provide supporting context about the business.
Investor Fit
| Investor style | Fit | Why |
|---|---|---|
| Growth investor | Weak fit | The company operates in a slow-growth regulated utility environment. |
| Momentum investor | Weak fit | Utility stocks rarely exhibit strong momentum characteristics. |
| Value investor | Mixed fit | Valuation is often tied to interest rates and regulatory clarity. |
| Dividend investor | Strong fit | The company is well-known for its commitment to reliable dividend payouts. |
| Low-risk investor | Strong fit | Regulated utilities offer lower volatility compared to the broader equity market. |
Risk Profile
| Risk factor | Level | Why it matters |
|---|---|---|
| Price volatility | Low | Utilities are generally defensive stocks with lower beta. |
| Valuation risk | Medium | Valuation is sensitive to interest rate changes. |
| Competition risk (Regulatory) | Medium / high | Allowed returns are set by regulators, not market competition. |
| Business quality | Strong | It owns essential infrastructure with high barriers to entry. |
| Dividend income | Strong | Reliable income is a cornerstone of the investment thesis. |
| Execution risk | Medium | Managing massive capital projects requires high operational discipline. |
Price Behavior
Downtrend
The stock has experienced a sustained decline in price over recent periods.
Smooth
The stock has moved along a generally orderly path with only modest fluctuations.
Analysis of Past Performance
Type Stock | Historic Profit 17.95% | Avg. Invested days 53 | Today’s Advisory Consider higher Upturn Star rating |
Upturn Advisory Rating  | Upturn Advisory Performance  4.0 | Stock Returns Performance  2.0 |
| Profits based on simulation | Last Close 10/23/2026 |
Upturn Scorecard
Upturn Star Rating 
Company Fundamentals
Financial Health Rating
Growth Momentum Score
Ownership
Top 5 Institutional Investors
Unit Economics (Per $1K Revenue)
Economic Dimensions
Quantitative Style Profile
Style Classification
Quality Focused
Key Highlights
Company Size Large-Cap Stock | Market Capitalization 82.30B USD | Price to earnings Ratio 18.65 | 1Y Target Price 89.94 |
Price to earnings Ratio 18.65 | 1Y Target Price 89.94 | ||
Volume (30-day avg) 943.3K shares | Beta 0.58 | 52 Weeks Range 71.32 - 92.22 | Updated Date 10/24/2026 |
52 Weeks Range 71.32 - 92.22 | Updated Date 10/24/2026 | ||
Dividends yield (FY) 3.96% | Basic EPS (TTM) 4.39 |
How Company Makes Money
| Business area | What it includes | Retail investor read |
|---|---|---|
| Electricity Transmission | Charging fees for using the high-voltage transmission grid in the UK. | Earns stable, regulated fees for moving electricity across the country. |
| Gas and Electricity Distribution | Delivering energy to homes and businesses in the UK and US. | Generates consistent revenue from local energy delivery networks. |
Analyzing Revenue: Products, Geography and Growth
Revenue by Products
Product revenue - Year on Year
Revenue by Geography
Geography revenue - Year on Year
Valuation
Trailing PE 18.65 | Forward PE 12.66 | Enterprise Value 135.97B | Price to Sales(TTM) 4.65 |
Enterprise Value 135.97B | Price to Sales(TTM) 4.65 | ||
Enterprise Value to Revenue 5.71 | Enterprise Value to EBITDA 12.49 | Shares Outstanding 1.01B | Shares Floating 5.92B |
Shares Outstanding 1.01B | Shares Floating 5.92B | ||
Percent Insiders 0.08 | Percent Institutions 6.48 |
Financial Metrics
🧭 Investment Snapshot
Total Revenue (Scale)
Total money earned from selling products or services before any costs. It is needed to understand the scale of the business and its ability to generate income.
Net Income (Profit)
Final profit after all expenses, interest, and taxes are deducted. It is needed to determine the overall profitability available to shareholders.
Free Cash Flow (Cash Strength)
Cash remaining after operating activities and capital expenditures, showing cash available for growth. It is needed to evaluate the company’s ability to invest, pay dividends, or reduce debt.
📈 Growth & Strength
Operating Income (Core Profit)
Profit from core operations after deducting all operating expenses. It is needed to measure how efficiently the company runs its primary business activities.
EBITDA (Cash Earnings)
Earnings before interest, taxes, depreciation, and amortization, indicating operating cash potential. It is needed to compare operating performance across companies without accounting or financing differences.
Gross Profit (Unit Profitability)
Revenue minus cost of revenue, showing profit after direct production costs. It is needed to evaluate core business profitability before overhead expenses.
🛡️ Financial Safety
Cash (Liquidity Buffer)
Total cash and cash equivalents on hand. It is needed to evaluate immediate liquidity and financial flexibility.
Total Debt (Leverage Risk)
Total debt including both short-term and long-term components. It is needed to assess the company’s leverage and financial risk.
Net Working Capital (Short-Term Health)
Current assets minus current liabilities, indicating short-term liquidity strength. It is needed to assess whether the company can meet its short-term obligations.
🧱 Balance Sheet Strength
Stockholder Equity (Net Worth)
Total equity value held by shareholders. It is needed to understand the net worth of the company from the owners’ perspective.
Total Assets (Asset Base)
The full value of everything the company owns, including cash, inventory, equipment, and investments. It is needed to understand the resource base used to generate revenue.
Income Before Tax (Pre-Tax Earnings)
Income before provision for income taxes. It is needed to analyze profitability independent of tax structures.
⚙️ Cost & Drag Factors
Cost of Revenue (Production Cost)
Direct costs required to produce and deliver the products or services sold. It is needed to assess efficiency in production and service delivery.
Total Operating Expenses (Operating Cost)
Indirect costs of running the business such as salaries, marketing, and administration. It is needed to understand how much it costs to sustain ongoing business operations.
Income Tax Expense (Tax Drag)
Amount of taxes paid or payable to the government. It is needed to evaluate the impact of taxation on overall profitability.
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