On the stock market since 2005, it operates in electricity, water and gas. It has 33,026 employees. Now — the numbers.
This is an established company with proven profits.
That much dependence is a risk in itself: if this one line weakens, the whole company feels it directly.
No real growth (-1% a year).
The gap is $43.9B. In times of high interest rates, a gap like that can squeeze a company.
angles, checked one by one.
The 4 that stand out are on screen; the rest came back neutral.
The council scores out of 10; report-card grades are out of 100.
Revenue Growth: Sales are growing slowly.
The stock trades below its recent peak — about 12% off the top. A pullback, not a collapse.
The net profit margin is 18% — still a thick cushion, though costs have been eating into it lately.
It pays out $3.24 per share each year — regular cash for whoever holds the stock.
Over the last 3 years, sales fell about 6% a year on average. Profit is holding up, but a shrinking business is a risk worth watching.
The sales tempo runs behind the sector. Council score: 2/10.
The share set aside for the future is small; the pace of new ideas may slow. Council score: 2/10.
On our five-subject report card, NGG sits in the middle of the class: some subjects shine, others don’t. The grade moves as the numbers move.
The takeaway: NGG is an established business that has proven its profits for years. The real debate isn’t the quality of the business — it’s whether the price paid for the stock is too high.