National Grid Group - מכפיל P/S עתידי NGG

Strict tariff controls and borrowing costs are weighing on the margins of National Grid plc (NGG). However, the monopoly status of its networks in the US and UK creates an insurmountable barrier for competitors. Stable infrastructure income is confirmed by the forward P/S history, where the parameter value equals 2.70, reflecting the current market valuation of the company's future sales.
NGG (National Grid Transco): פילוחים אנליטיים ודוחות לפי אינדיקטורים

The forward P/S reflects the ratio of the current market value of National Grid plc (NGG) to projected sales volume, allowing for an assessment of the cost of each unit of expected revenue. Analyzing this forward revenue multiple helps determine the risk of overpayment, particularly during periods of interest rate volatility. For this energy operator, this indicator is critical, as external contractor costs for grid upgrades directly impact margins and the overall business valuation.