WallStSmart

NewJersey Resources Corporation (NJR)vsNorthwest Natural Gas Co (NWN)

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Smart Verdict

WallStSmart Research — data-driven comparison

NewJersey Resources Corporation generates 72% more annual revenue ($2.23B vs $1.29B). NJR leads profitability with a 16.4% profit margin vs 9.7%. NJR appears more attractively valued with a PEG of 2.15. NJR earns a higher WallStSmart Score of 57/100 (C).

NJR

Buy

57

out of 100

Grade: C

Growth: 5.3Profit: 6.5Value: 4.7Quality: 4.0
Piotroski: 4/9Altman Z: 1.02

NWN

Buy

54

out of 100

Grade: C-

Growth: 5.3Profit: 5.0Value: 6.0Quality: 3.0
Piotroski: 3/9Altman Z: 0.59
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Intrinsic Value Comparison

Multi-model valuation · Graham Formula

NJRSignificantly Overvalued (-63.8%)

Margin of Safety

-63.8%

Fair Value

$32.26

Current Price

$54.97

$22.71 premium

UndervaluedFair: $32.26Overvalued
NWNUndervalued (+17.3%)

Margin of Safety

+17.3%

Fair Value

$59.10

Current Price

$50.43

$8.67 discount

UndervaluedFair: $59.10Overvalued

Key Strengths & Concerns

Side-by-side fundamental analysis

Key Strengths

NJR3 strengths · Avg: 8.0/10
P/E RatioValuation
15.4x8/10

Attractively priced relative to earnings

Price/BookValuation
2.1x8/10

Reasonable price relative to book value

Revenue GrowthGrowth
16.8%8/10

16.8% revenue growth

NWN2 strengths · Avg: 9.0/10
Price/BookValuation
1.4x10/10

Reasonable price relative to book value

P/E RatioValuation
17.0x8/10

Attractively priced relative to earnings

Areas to Watch

NJR3 concerns · Avg: 3.0/10
PEG RatioValuation
2.154/10

Expensive relative to growth rate

Debt/EquityHealth
1.473/10

Elevated debt levels

Altman Z-ScoreHealth
1.022/10

Distress zone — elevated risk

NWN4 concerns · Avg: 3.3/10
Revenue GrowthGrowth
3.1%4/10

3.1% revenue growth

Return on EquityProfitability
7.8%3/10

ROE of 7.8% — below average capital efficiency

Debt/EquityHealth
1.733/10

Elevated debt levels

Piotroski F-ScoreQuality
3/93/10

Weak financial health signals

Comparative Analysis Report

WallStSmart Research

Bull Case : NJR

The strongest argument for NJR centers on P/E Ratio, Price/Book, Revenue Growth. Profitability is solid with margins at 16.4% and operating margin at 9.1%. Revenue growth of 16.8% demonstrates continued momentum.

Bull Case : NWN

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

Bear Case : NJR

The primary concerns for NJR are PEG Ratio, Debt/Equity, Altman Z-Score.

Bear Case : NWN

The primary concerns for NWN are Revenue Growth, Return on Equity, Debt/Equity. Debt-to-equity of 1.73 is elevated, increasing financial risk.

Key Dynamics to Monitor

NJR profiles as a growth stock while NWN is a value play — different risk/reward profiles.

NJR carries more volatility with a beta of 0.53 — expect wider price swings.

NJR is growing revenue faster at 16.8% — sustainability is the question.

NJR generates stronger free cash flow (25M), providing more financial flexibility.

Bottom Line

NJR scores higher overall (57/100 vs 54/100), backed by strong 16.4% margins and 16.8% revenue growth. NWN offers better value entry with a 17.3% 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.

NewJersey Resources Corporation

UTILITIES · UTILITIES - REGULATED GAS · USA

New Jersey Resources Corporation, an energy services portfolio company, provides regulated gas distribution and retail and wholesale energy services. The company is headquartered in Wall, New Jersey.

Northwest Natural Gas Co

UTILITIES · UTILITIES - REGULATED GAS · USA

Northwest Natural Holding Company, through its subsidiary, Northwest Natural Gas Company, provides regulated natural gas distribution services to residential, commercial, industrial and transportation customers in Oregon and Southwest Washington. The company is headquartered in Portland, Oregon.

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