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National Grid plc (NG.L) — Structural Peer Analysis

National Grid plc ranks slightly below the peer group median, with valuation as the main structural support while stability remains the clearest constraint. Trend conditions have deteriorated, without yet reaching an extreme downside state. Price action is modestly ahead of the structural profile — a mild divergence, not yet a decisive signal.

Updated 2026-08-16 · STOXX600
Dimension Profile

Peer-relative scores, weakest to strongest

Weakest Stability 37
Below median
Weak Profitability 39
Below median
Moderate Growth 47
Around median
Strongest Valuation 61
Above median
Peer-Relative Score
47
Peer-Score
Mid-range peer position
Signal qualitylow

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This analysis is rule-based and descriptive. Peer-relative scores are derived from functional peer group comparisons using publicly available financial data. Scores reflect structural positioning only and do not constitute investment advice, a buy or sell recommendation, or a forecast of future performance. AssetNext peer scores are recalculated periodically as new data becomes available.

How AssetNext Peer Scores Work

AssetNext scores reflect each company's structural position within its functional peer group — not a ranking against all stocks simultaneously. Peers are identified by similarity across eight financial dimensions, including revenue growth trajectory, margin structure, capital intensity, and earnings stability. A score of 75 means the company ranks in the top quartile within its own peer group, not the entire market.

Four dimension scores drive the overall peer score: Growth (revenue trajectory and expansion dynamics), Quality (margin structure and capital efficiency), Valuation (peer-relative pricing on standard multiples), and Stability (earnings consistency and financial predictability). Each dimension is scored 0–100 relative to the peer group, then combined into an overall peer score using equal weighting.

Because scores are peer-relative, the same company can have slightly different scores in different index universes. On comparison pages, both companies are shown within their shared peer universe wherever possible — so the scores are directly comparable. The peer basis is stated on each score card.

Scores are recalculated periodically as underlying financial data is updated. All analysis is descriptive and rule-based — AssetNext describes structural realities and never issues buy, sell or hold recommendations.