WallStSmart

Hawaiian Electric Industries Inc (HE)vsNational Grid PLC ADR (NGG)

VS

Smart Verdict

WallStSmart Research — data-driven comparison

National Grid PLC ADR generates 473% more annual revenue ($17.69B vs $3.09B). NGG leads profitability with a 18.3% profit margin vs 4.1%. NGG appears more attractively valued with a PEG of 1.00. NGG earns a higher WallStSmart Score of 62/100 (C+).

HE

Buy

54

out of 100

Grade: C-

Growth: 4.7Profit: 4.5Value: 7.3Quality: 5.0
Piotroski: 4/9Altman Z: 0.54

NGG

Buy

62

out of 100

Grade: C+

Growth: 4.0Profit: 8.0Value: 6.3Quality: 3.5
Piotroski: 3/9Altman Z: 1.20
IV

Intrinsic Value Comparison

Multi-model valuation · Graham Formula

HEUndervalued (+30.1%)

Margin of Safety

+30.1%

Fair Value

$23.73

Current Price

$13.54

$10.19 discount

UndervaluedFair: $23.73Overvalued

Intrinsic value data unavailable for NGG.

Key Strengths & Concerns

Side-by-side fundamental analysis

Key Strengths

HE2 strengths · Avg: 9.0/10
Price/BookValuation
1.4x10/10

Reasonable price relative to book value

P/E RatioValuation
18.0x8/10

Attractively priced relative to earnings

NGG3 strengths · Avg: 9.0/10
Operating MarginProfitability
32.6%10/10

Strong operational efficiency at 32.6%

Market CapQuality
$80.25B9/10

Large-cap with strong market position

PEG RatioValuation
1.008/10

Growing faster than its price suggests

Areas to Watch

HE4 concerns · Avg: 3.5/10
PEG RatioValuation
2.284/10

Expensive relative to growth rate

Revenue GrowthGrowth
0.3%4/10

0.3% revenue growth

Return on EquityProfitability
8.0%3/10

ROE of 8.0% — below average capital efficiency

Profit MarginProfitability
4.1%3/10

4.1% margin — thin

NGG4 concerns · Avg: 3.5/10
Price/BookValuation
8.2x4/10

Trading at 8.2x book value

Revenue GrowthGrowth
2.0%4/10

2.0% revenue growth

Debt/EquityHealth
1.193/10

Elevated debt levels

Piotroski F-ScoreQuality
3/93/10

Weak financial health signals

Comparative Analysis Report

WallStSmart Research

Bull Case : HE

The strongest argument for HE centers on Price/Book, P/E Ratio.

Bull Case : NGG

The strongest argument for NGG centers on Operating Margin, Market Cap, PEG Ratio. Profitability is solid with margins at 18.3% and operating margin at 32.6%. PEG of 1.00 suggests the stock is reasonably priced for its growth.

Bear Case : HE

The primary concerns for HE are PEG Ratio, Revenue Growth, Return on Equity. Thin 4.1% margins leave little buffer for downturns.

Bear Case : NGG

The primary concerns for NGG are Price/Book, Revenue Growth, Debt/Equity.

Key Dynamics to Monitor

NGG carries more volatility with a beta of 0.62 — expect wider price swings.

NGG is growing revenue faster at 2.0% — sustainability is the question.

HE generates stronger free cash flow (-43M), providing more financial flexibility.

Monitor UTILITIES - REGULATED ELECTRIC industry trends, competitive dynamics, and regulatory changes.

Bottom Line

NGG scores higher overall (62/100 vs 54/100), backed by strong 18.3% margins. HE offers better value entry with a 30.1% margin of safety. Both earn "Buy" and "Buy" ratings respectively — the choice depends on your investment horizon and risk tolerance.

This analysis is generated from publicly available financial data. Not financial advice.

Hawaiian Electric Industries Inc

UTILITIES · UTILITIES - REGULATED ELECTRIC · USA

Hawaiian Electric Industries, Inc. is engaged in the renewable / sustainable infrastructure, banking and electricity utility investment businesses in the State of Hawaii. The company is headquartered in Honolulu, Hawaii.

National Grid PLC ADR

UTILITIES · UTILITIES - REGULATED ELECTRIC · USA

National Grid plc transmits and distributes electricity and natural gas. The company is headquartered in London, the United Kingdom.

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