NGG vs. SO: A Head-to-Head Stock Comparison
Here’s a clear look at NGG and SO, comparing key factors like historical performance, profitability, financial strength, growth, dividend, and valuation.
Company Profile
| Symbol | NGG | SO |
|---|---|---|
| Company Name | National Grid plc | The Southern Company |
| Country | United Kingdom | United States |
| GICS Sector | Utilities | Utilities |
| GICS Industry Group | Utilities | Utilities |
| GICS Industry | Multi-Utilities | Electric Utilities |
| GICS Sub-Industry | Multi-Utilities | Electric Utilities |
| Market Capitalization | 86.73 billion USD | 104.95 billion USD |
| Currency | USD | USD |
| Exchange | NYSE | NYSE |
| Listing Date | August 10, 2005 | December 31, 1981 |
| Security Type | ADR | Common Stock |
NGG trades as an American Depositary Receipt (ADR), offering U.S. investors a convenient way to access its foreign-listed shares. In contrast, SO is a standard domestic listing.
NGG’s market capitalization stands at 86.73 billion USD, while SO’s is 104.95 billion USD, indicating their market valuations are broadly comparable.
NGG trades as an American Depositary Receipt (ADR), offering U.S. investors a convenient way to access its foreign-listed shares. In contrast, SO is a standard domestic listing.
Historical Performance
This chart compares the performance of NGG and SO by tracking the growth of an initial $10,000 investment in each. Use the tabs to select the desired time period. Data is adjusted for dividends and splits.
Historical Performance at a Glance
| Symbol | NGG | SO |
|---|---|---|
| 5-Day Price Return | -1.10% | -2.92% |
| 13-Week Price Return | -0.31% | 3.35% |
| 26-Week Price Return | 12.65% | -0.05% |
| 52-Week Price Return | 24.74% | 3.04% |
| Month-to-Date Return | -2.61% | -3.72% |
| Year-to-Date Return | 11.96% | 6.77% |
| 10-Day Avg. Volume | 9.32M | 5.98M |
| 3-Month Avg. Volume | 7.64M | 5.67M |
| 3-Month Volatility | 24.05% | 20.62% |
| Beta | 0.89 | 0.36 |
NGG’s beta of 0.89 points to significantly higher volatility compared to SO (beta: 0.36), suggesting NGG has greater potential for both gains and losses relative to market movements.
Profitability
Return on Equity (TTM)
NGG
7.66%
Multi-Utilities Industry
- Max
- 13.38%
- Q3
- 11.57%
- Median
- 10.23%
- Q1
- 8.14%
- Min
- 5.82%
NGG’s Return on Equity of 7.66% is in the lower quartile for the Multi-Utilities industry. This indicates a less efficient generation of profit from its equity base when compared to its competitors.
SO
12.28%
Electric Utilities Industry
- Max
- 16.78%
- Q3
- 12.22%
- Median
- 9.88%
- Q1
- 8.29%
- Min
- 2.48%
In the upper quartile for the Electric Utilities industry, SO’s Return on Equity of 12.28% signals a highly effective use of shareholder capital to drive profitability compared to most of its peers.
Net Profit Margin (TTM)
NGG
22.58%
Multi-Utilities Industry
- Max
- 22.58%
- Q3
- 16.48%
- Median
- 13.17%
- Q1
- 9.66%
- Min
- 3.33%
A Net Profit Margin of 22.58% places NGG in the upper quartile for the Multi-Utilities industry, signifying strong profitability and more effective cost management than most of its peers.
SO
15.09%
Electric Utilities Industry
- Max
- 24.34%
- Q3
- 16.77%
- Median
- 13.76%
- Q1
- 9.08%
- Min
- 1.00%
SO’s Net Profit Margin of 15.09% is aligned with the median group of its peers in the Electric Utilities industry. This indicates its ability to convert revenue into profit is typical for the sector.
Operating Profit Margin (TTM)
NGG
40.12%
Multi-Utilities Industry
- Max
- 28.14%
- Q3
- 25.53%
- Median
- 23.12%
- Q1
- 18.56%
- Min
- 12.00%
NGG’s Operating Profit Margin of 40.12% is exceptionally high, placing it well above the typical range for the Multi-Utilities industry. This demonstrates outstanding efficiency in managing its core operations, which can be a result of strong pricing power or superior cost control.
SO
25.23%
Electric Utilities Industry
- Max
- 38.77%
- Q3
- 25.23%
- Median
- 21.36%
- Q1
- 14.23%
- Min
- 0.20%
SO’s Operating Profit Margin of 25.23% is around the midpoint for the Electric Utilities industry, indicating that its efficiency in managing core business operations is typical for the sector.
Profitability at a Glance
| Symbol | NGG | SO |
|---|---|---|
| Return on Equity (TTM) | 7.66% | 12.28% |
| Return on Assets (TTM) | 2.73% | 2.84% |
| Net Profit Margin (TTM) | 22.58% | 15.09% |
| Operating Profit Margin (TTM) | 40.12% | 25.23% |
| Gross Profit Margin (TTM) | -- | 40.04% |
Financial Strength
Current Ratio (MRQ)
NGG
0.97
Multi-Utilities Industry
- Max
- 1.35
- Q3
- 1.00
- Median
- 0.83
- Q1
- 0.73
- Min
- 0.56
NGG’s Current Ratio of 0.97 aligns with the median group of the Multi-Utilities industry, indicating that its short-term liquidity is in line with its sector peers.
SO
0.65
Electric Utilities Industry
- Max
- 1.91
- Q3
- 1.17
- Median
- 0.77
- Q1
- 0.59
- Min
- 0.45
SO’s Current Ratio of 0.65 aligns with the median group of the Electric Utilities industry, indicating that its short-term liquidity is in line with its sector peers.
Debt-to-Equity Ratio (MRQ)
NGG
1.23
Multi-Utilities Industry
- Max
- 2.17
- Q3
- 1.89
- Median
- 1.52
- Q1
- 1.23
- Min
- 1.11
NGG’s Debt-to-Equity Ratio of 1.23 is typical for the Multi-Utilities industry, indicating its use of leverage is in line with the sector norm. This suggests a balanced approach to its capital structure.
SO
2.01
Electric Utilities Industry
- Max
- 2.76
- Q3
- 1.84
- Median
- 1.58
- Q1
- 1.11
- Min
- 0.04
SO’s leverage is in the upper quartile of the Electric Utilities industry, with a Debt-to-Equity Ratio of 2.01. While this approach can boost equity growth, it also exposes the company to greater financial vulnerability.
Interest Coverage Ratio (TTM)
NGG
4.29
Multi-Utilities Industry
- Max
- 4.42
- Q3
- 3.47
- Median
- 2.78
- Q1
- 2.56
- Min
- 1.82
NGG’s Interest Coverage Ratio of 4.29 is in the upper quartile for the Multi-Utilities industry, signifying a strong and healthy capacity to meet its interest payments from operating profits.
SO
2.60
Electric Utilities Industry
- Max
- 5.72
- Q3
- 3.81
- Median
- 2.74
- Q1
- 2.51
- Min
- 1.97
SO’s Interest Coverage Ratio of 2.60 is positioned comfortably within the norm for the Electric Utilities industry, indicating a standard and healthy capacity to cover its interest payments.
Financial Strength at a Glance
| Symbol | NGG | SO |
|---|---|---|
| Current Ratio (MRQ) | 0.97 | 0.65 |
| Quick Ratio (MRQ) | 0.90 | 0.42 |
| Debt-to-Equity Ratio (MRQ) | 1.23 | 2.01 |
| Interest Coverage Ratio (TTM) | 4.29 | 2.60 |
Growth
Revenue Growth
Revenue Growth at a Glance
| Symbol | NGG | SO |
|---|---|---|
| Revenue Growth (MRQ vs Prior YoY) | -31.45% | 8.55% |
| Revenue Growth (TTM vs Prior YoY) | 65.31% | 8.74% |
| 3-Year Revenue CAGR | 38.40% | -0.33% |
| 5-Year Revenue CAGR | 31.89% | 7.50% |
EPS Growth
EPS Growth at a Glance
| Symbol | NGG | SO |
|---|---|---|
| EPS Growth (MRQ vs Prior YoY) | -12.87% | -0.42% |
| EPS Growth (TTM vs Prior YoY) | 28.15% | -6.31% |
| 3-Year EPS CAGR | 4.20% | 6.18% |
| 5-Year EPS CAGR | 15.16% | 5.87% |
Dividend
Dividend Yield (TTM)
NGG
2.54%
Multi-Utilities Industry
- Max
- 4.16%
- Q3
- 3.37%
- Median
- 3.02%
- Q1
- 2.62%
- Min
- 2.10%
NGG’s Dividend Yield of 2.54% is in the lower quartile for the Multi-Utilities industry. This suggests the company’s strategy likely favors retaining earnings for growth over providing a high dividend income.
SO
2.90%
Electric Utilities Industry
- Max
- 5.08%
- Q3
- 3.46%
- Median
- 2.73%
- Q1
- 2.12%
- Min
- 0.45%
SO’s Dividend Yield of 2.90% is consistent with its peers in the Electric Utilities industry, providing a dividend return that is standard for its sector.
Dividend Payout Ratio (TTM)
NGG
56.13%
Multi-Utilities Industry
- Max
- 89.44%
- Q3
- 75.06%
- Median
- 61.90%
- Q1
- 56.60%
- Min
- 44.95%
NGG’s Dividend Payout Ratio of 56.13% is in the lower quartile for the Multi-Utilities industry. This suggests a conservative dividend policy, with a strategic focus on reinvesting profits for future growth.
SO
70.02%
Electric Utilities Industry
- Max
- 91.63%
- Q3
- 66.08%
- Median
- 57.96%
- Q1
- 30.39%
- Min
- 0.00%
SO’s Dividend Payout Ratio of 70.02% is in the upper quartile for the Electric Utilities industry. This indicates a strong commitment to shareholder returns but also suggests that a smaller portion of earnings is retained for reinvestment compared to many peers.
Dividend at a Glance
| Symbol | NGG | SO |
|---|---|---|
| Dividend Yield (TTM) | 2.54% | 2.90% |
| Dividend Payout Ratio (TTM) | 56.13% | 70.02% |
Valuation
Price-to-Earnings Ratio (TTM)
NGG
22.13
Multi-Utilities Industry
- Max
- 25.81
- Q3
- 23.06
- Median
- 21.17
- Q1
- 18.96
- Min
- 17.54
NGG’s P/E Ratio of 22.13 is within the middle range for the Multi-Utilities industry. This suggests its valuation is in line with the sector average, representing neither a significant premium nor a discount compared to its peers.
SO
24.15
Electric Utilities Industry
- Max
- 33.72
- Q3
- 24.15
- Median
- 20.89
- Q1
- 16.34
- Min
- 5.77
SO’s P/E Ratio of 24.15 is within the middle range for the Electric Utilities industry. This suggests its valuation is in line with the sector average, representing neither a significant premium nor a discount compared to its peers.
Price-to-Sales Ratio (TTM)
NGG
5.00
Multi-Utilities Industry
- Max
- 5.12
- Q3
- 3.58
- Median
- 3.18
- Q1
- 2.40
- Min
- 0.74
NGG’s P/S Ratio of 5.00 is in the upper echelon for the Multi-Utilities industry. This means the company is valued richly on its revenue stream compared to its peers, suggesting the stock is priced for a high level of future performance.
SO
3.65
Electric Utilities Industry
- Max
- 7.13
- Q3
- 3.99
- Median
- 3.02
- Q1
- 1.40
- Min
- 0.30
SO’s P/S Ratio of 3.65 aligns with the market consensus for the Electric Utilities industry. This suggests its valuation, based on sales, is seen as standard and is on par with its competitors.
Price-to-Book Ratio (MRQ)
NGG
1.42
Multi-Utilities Industry
- Max
- 3.81
- Q3
- 2.41
- Median
- 2.02
- Q1
- 1.45
- Min
- 1.16
NGG’s P/B Ratio of 1.42 is in the lower quartile for the Multi-Utilities industry. From a value investing perspective, this is favorable, as it suggests the stock is trading at a discount to its net asset value and may offer a greater margin of safety.
SO
2.93
Electric Utilities Industry
- Max
- 2.93
- Q3
- 2.30
- Median
- 1.79
- Q1
- 1.51
- Min
- 0.63
SO’s P/B Ratio of 2.93 is in the upper tier for the Electric Utilities industry. This indicates that investors are paying a premium relative to the company’s net assets, a valuation that hinges on its ability to generate superior profits.
Valuation at a Glance
| Symbol | NGG | SO |
|---|---|---|
| Price-to-Earnings Ratio (TTM) | 22.13 | 24.15 |
| Price-to-Sales Ratio (TTM) | 5.00 | 3.65 |
| Price-to-Book Ratio (MRQ) | 1.42 | 2.93 |
| Price-to-Free Cash Flow Ratio (TTM) | 859.02 | 188.51 |