Obermatt

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Earnings warningFinancial distress

NW Natural

NYQ:NWN · US66765N1054
Gas UtilitiesMedium

360

30
EV / EBIT52
Price / Owner Earnings72
Owner Earnings Yield1
Dividend Yield85
Price/Sales85
EV / Gross Profit46
Price/Book87
Return on Capital54
Cash Return on Capital27
Return on Equity54
EBIT Margin61
Gross Profitability37
Cash Conversion22
Accruals9
Owner Earnings Margin23
Sales growth68
Profit Growth17
Long-Term EPS Growth66
Reinvestment40
Price momentum79
Debt load24
Refinancing79
Debt Payback1
Liquidity26
Analyst ratings45
Opinion Changes87
Price Target Upside58
Market mood7
Value Creation8/20creating some value
  • Creates more value than its capital costs
  • Owner earnings growing
  • Owner earnings per share growing
  • Reinvests at strong returns
  • Solid earnings base

What this means

NW Natural clears its cost of capital, but the record is mixed across the five tests. Real value creation, just not yet consistent.

Profile

CountryUSA
IndustryGas Utilities
SizeMedium
TypePublic Company
ExchangeNYSE
Founded2018
Employees2
ISINUS66765N1054
Last UpdateApr 2, 2026
Index & Theme
Clean EnergyCleanTechEnergy StorageWater PurificationHydrogenSmart Water Networks (SWN)Natural ResourcesOil and GasService Industry

Description

Northwest Natural Holding Company (NW Holdings) distributes natural gas to residential, commercial, and industrial customers in Oregon and southwest Washington. NW Holdings, through its subsidiary, Northwest Natural Gas Company (NW Natural), provide…

Analysis

Weak and unloved

Northwest Natural Holding Company is weak and unloved: below-average business metrics and a price that reflects that disappointment. One caution: reported profits have recently run ahead of actual cash, which we track closely.

Valuation data is not available for this company.

The trajectory is solid and the balance sheet is stretched. The company scores 8/20 on our value-creation score: creating some value.

What to watch: Some accounting patterns deserve a closer look. Reported profits have run ahead of actual cash for several periods. As always: this describes the company's numbers; it is not a recommendation.

360° rank · history

1007550250
66
2023202420252026

All-time high

70

Jan 2024

All-time low

29

Jan 2023

Average rank

59

across all years

Detailed & Historical Ranks

Deep dive into 15 detailed ranks and 3 years of history.

Current202520242023
Price/Sales
85
79
83
74
Price/Earnings
68
78
69
53
Price/Book
87
85
82
63
Dividend Yield
85
73
72
61
Value (overall)
95
85
84
75

Cells are coloured by rank band (red weak → green strong). Sentiment & 360° history begins 2023.

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Make Sense of the Ranks

Every rank runs 1–100 against true peers. Higher is always better.

360° View
1 · Watch OutGood· 100
Value
1 · ExpensiveGood Value· 100
Quality
1 · Weak FundamentalsHigh Quality· 100
Growth
1 · Tough TimesHigh Growth· 100
Safety
1 · High LeverageWell-Financed· 100
Sentiment
1 · SkepticismPositive· 100
Learn More →