FRA/NNGF (FRA/NNGF)

Frankfurt Stock Exchange: FRA/NNGF · EUR

€14.6

-0.03 (-0.2%)· Recorded snapshot

Market cap	73.3B
Revenue (ttm)	20.3B
Net income (ttm)	3.7B
EPS (ttm)	€0.78
P/E (trailing)	18.7x
P/E (forward)	13.5x
Dividend	€0.56 (3.81%)
Volume	116

Market data

Price

Recent price action with selectable time range.

Financial snapshot

Revenue (ttm): 20.3B
Net income (ttm): 3.7B
EPS (ttm): €0.78
P/E (trailing): 18.7x
P/E (forward): 13.5x
Market cap: 73.3B

Calendar

Next earnings

Upcoming earnings date and setup when available.

Upcoming

DateLoading

Window—

EPS estimate—

Revenue estimate—

Sector percentile context

Refreshed 2026-10-28 19:55 UTC

Forward P/E13.5

P25 n/aP50 n/aP75 n/a

Trailing P/E18.7

P25 n/aP50 n/aP75 n/a

ROE8.4

P25 n/aP50 n/aP75 n/a

ROIC3.7

P25 n/aP50 n/aP75 n/a

Benchmarks · 1M

All FRA/NNGF indicators

Market & fundamental data

Available fields

235

Groups with data

Currency

GBP

Showing 235 of 235 available metrics for this ticker.

Profile and market data

Ticker identity, listing, currency, market cap, and source dates.

Metric	Value
Amount currency	EUR
Country	United Kingdom
Country code	DE
Earnings date	2026-11-05
Employees	33,026
Employees change	229
Employees growth	0.73%
Enterprise value	EUR 126.9B
Exchange	Frankfurt Stock Exchange
Financial currency	GBP
Financial report date	2026-03-31
First seen	2026-05-10
Fiscal year end	March
Founded	1990
Industry	Utilities - Regulated Electric
Is primary listing	No
ISIN number	GB00BDR05C01
Last earnings date	2026-05-14
Last refreshed	2026-10-28
Last stock split date	2017-05-22
Last stock split type	Reverse
Market cap	EUR 73.3B
Next earnings date	2026-11-05
Price	EUR 14.60
Price currency	EUR
Sector	Utilities
SIC code	4911
Stock price date	2026-10-27
Symbol	fra/NNGF
Website	https://www.nationalgrid.com

Valuation

Multiples, yields, enterprise-value ratios, and valuation checks.

Metric	Value
Average P/E ratio (10Y)	15.26x
Average P/E ratio (3Y)	16.21x
Average P/E ratio (5Y)	15.56x
Earnings yield	5.34%
EV/Earnings	34.2x
EV/EBIT	20.26x
EV/EBITDA	14.69x
EV/Sales	6.01x
FCF / EV yield	-1.95%
FCF yield	-3.37%
Forward P/E	13.52x
Graham number	12.21564
Graham upside	-16.33%
Lynch fair value	EUR 10.79
Lynch upside	-26.1%
P/(OCF - SBC) ratio	8.22x
P/B ratio	1.63x
P/E ratio	18.74x
P/OCF ratio	8.18x
P/S ratio	3.62x
Price / tangible book value	2.46x
Price/EBITDA ratio	9.11x
Sector forward P/E	17.42x
Sector P/E	16.62x

Profitability

Margins, returns on capital, cash conversion, and quality metrics.

Metric	Value
EBIT margin	29.22%
EBITDA margin	39.72%
Effective tax rate	22.45%
Gross margin	100%
Operating margin	29.22%
Pretax margin	23.64%
Profit margin	18.32%
Profit per employee	EUR 112,388
Profitable quarters	35
Profitable years	24
Revenue per employee	EUR 613,334
ROA	3%
ROA (5Y)	3.15%
ROCE	5.25%
ROE	8.41%
ROE (5Y)	8.87%
ROIC	3.72%
SBC / revenue	0.25%
Tax / revenue	5.31%

Growth

Revenue, earnings, cash-flow, and forward growth indicators.

Metric	Value
EPS growth	6.18%
EPS growth (Q)	14.4%
EPS growth (QoQ)	320.25%
EPS growth 10Y	-0.49%
EPS growth 3Y	-32.51%
EPS growth 5Y	7.08%
EPS growth quarters	1
EPS growth years	2
Net income growth	11.68%
Net income growth (Q)	16.36%
Net income growth (QoQ)	325.28%
Net income growth 3Y	-25.37%
Net income growth 5Y	14.6%
Net income growth quarters	1
Net income growth years	2
OCF growth	15%
OCF growth (Q)	0.17%
OCF growth (QoQ)	15.91%
OCF growth 10Y	4.11%
OCF growth 3Y	4.31%
OCF growth 5Y	11.91%
Revenue growth	-3.76%
Revenue growth (Q)	1.97%
Revenue growth (QoQ)	50.35%
Revenue growth 10Y	1.39%
Revenue growth 3Y	-6.53%
Revenue growth 5Y	5.3%
Revenue growth quarters	1
Revenue growth years	0

Financial statements

Income-statement and cash-flow amounts, totals and per share.

Metric	Value
Capital expenditures	EUR -11.4B
EBIT	EUR 5.9B
EBITDA	EUR 8B
EPS	EUR 0.78
Financing cash flow	EUR -5.3B
Free cash flow	EUR -2.5B
Free cash flow minus SBC	EUR -2.5B
Gross profit	EUR 20.3B
Income taxes	EUR 1.1B
Investing cash flow	EUR -4.8B
Net borrowing	EUR -1.4B
Net cash flow	EUR -919.6M
Net income	EUR 3.7B
Operating cash flow minus SBC	EUR 8.9B
Operating income	EUR 5.9B
Revenue	EUR 20.3B
Stock-based compensation	EUR 51.5M

Financial strength

Debt, cash, solvency, accounting-quality, and balance-sheet signals.

Metric	Value
Book value per share	EUR 9.05
Debt / EBITDA	6.66
Debt / equity	1.21
Goodwill	EUR 11.3B
Interest coverage	3.39
Long-term assets	EUR 115.1B
Long-term liabilities	EUR 67.3B
Net cash (debt)	EUR -51.4B
Net cash / market cap	-70.11%
Net debt / EBITDA	6.39
Net debt / equity	1.14
Piotroski F-Score	4
Property, plant and equipment	EUR 97.4B
Shareholders' equity	EUR 45B
Tangible book value	EUR 29.8B
Tangible book value per share	EUR 5.99
Total assets	EUR 124B
Total cash	EUR 3.2B
Total debt	EUR 54.6B
Total liabilities	EUR 79B

Liquidity

Current-asset coverage and working-capital efficiency metrics.

Metric	Value
Asset turnover	0.16
Current assets	EUR 8.9B
Current liabilities	EUR 11.7B
Current ratio	0.76
Net working capital	EUR -1.1B
Quick ratio	0.65
Working capital	EUR -2.6B
Working capital turnover	28.96

Dividends and buybacks

Dividend yield, payout, buybacks, and shareholder-yield indicators.

Metric	Value
Buyback yield / dilution	-5.12%
Dividend growth	-0.4%
Dividend growth (10Y)	-1.26%
Dividend growth (3Y)	-4.79%
Dividend growth (5Y)	-0.29%
Dividend growth years	0
Dividend payment date	2026-07-23
Dividend payment years	24
Dividend payout frequency	Semi-Annual
Dividend per share	EUR 0.56
Dividend yield	3.81%
Ex-dividend date	2026-05-28
Last dividend	EUR 0.37
Payout ratio	50.08%
Shareholder yield	-1.31%

Performance and technicals

Returns, volatility, beta, momentum, RSI, and moving-average context.

Metric	Value
10Y price change	13.03%
10Y return CAGR	8.26%
10Y total return	121.16%
150-day SMA	EUR 14.23
15Y price change	81.56%
15Y return CAGR	10.68%
15Y total return	358.28%
1D price change	-0.21%
1M price change	10.37%
1M total return	10.37%
1W price change	3.8%
1W total return	3.8%
1Y price change	10%
1Y return CAGR	14.41%
1Y total return	14.4%
20-day SMA	EUR 13.91
200-day SMA	EUR 14.43
3M price change	1.7%
3M total return	1.7%
3Y price change	33%
3Y return CAGR	18.75%
3Y total return	67.49%
50-day SMA	EUR 13.64
50-day SMA vs 200-day SMA	50under200
52-week high	EUR 16.40
52-week high date	2026-02-26
52-week low	EUR 12.50
52-week low date	2025-12-11
5Y price change	33.91%
5Y return CAGR	13.25%
5Y total return	86.25%
6M price change	-5.18%
6M total return	-2.76%
All-time high	EUR 16.40
All-time high date	2026-02-26
All-time low	EUR 6.78
All-time low date	2010-10-04
Average true range (ATR)	EUR 0.20
Average volume	447.1
Change from 52-week high	-10.98%
Change from 52-week low	16.8%
Change from all-time high	-10.79%
Change from all-time low	115.78%
Change from open	0.9%
Day's gap	-1.09%
Dollar volume	EUR 1,694
High price	EUR 14.60
Low price	EUR 14.47
Monthly RSI	57.41
Open price	EUR 14.47
Position in 52-week range	100%
Previous close	EUR 14.63
Price vs 150-day SMA	2.81%
Price vs 20-day SMA	5.16%
Price vs 200-day SMA	1.36%
Price vs 50-day SMA	7.29%
Relative volume	0.26
RSI	66.14
Sharpe ratio	0.48
Sharpe ratio (3Y)	0.52
Sharpe ratio (5Y)	0.39
Sortino ratio	0.88
Sortino ratio (3Y)	0.92
Sortino ratio (5Y)	0.76
Volume	116
Weekly RSI	57.43
YTD price change	11.68%
YTD total return	14.53%

Ownership and float

Institutional, insider, float, short-interest, and share-count fields.

Metric	Value
Float	5B
Shares change (QoQ)	0.85%
Shares change (YoY)	5.12%
Shares held by insiders	0.06%
Shares held by institutions	79.15%

Deeper analysis on FRA/NNGF

14 sections in the full report · jump straight to what you need

Forecast

Base and Bull forecast paths with report-date return framing.

→

Valuation

Fair-value bridge, DCF, owner earnings, and peer multiples.

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Sensitivity

Cost-of-equity and terminal-growth stress table.

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Risks

Kill scenarios, soft-pass flags, and downside catalysts.

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Earnings

Next earnings setup and beat / inline / miss thresholds.

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Position sizing

Entry, exit, conviction, and quarterly monitoring rules.

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Financials

Revenue, margins, cash flow, and balance-sheet context.

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Peers

Relative valuation and profitability against the cohort.

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Moat

Economic-profit evidence and competitive advantage risk.

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Industry cycle

Sector phase, capital cycle, and secular tailwinds.

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Frequently asked questions

About this FRA/NNGF report

Is a complete FRA/NNGF research report available?

No complete published report is available for fra/NNGF (FRA/NNGF) on this page. Market-directory data, when present, is not a substitute for a validated stock analysis.

FRA/NNGF (FRA/NNGF)

Price

Financial snapshot

Fair-value bridge

Latest news · FRA/NNGF

Valuation

Profitability

Balance sheet

Trading

Next earnings

Sector percentile context

All FRA/NNGF indicators

Profile and market data

Valuation

Profitability

Growth

Financial statements

Financial strength

Liquidity

Dividends and buybacks

Performance and technicals

Ownership and float

Deeper analysis on FRA/NNGF

Frequently asked questions