National Fuel Gas Co
—- Market cap
- —
- Debt
- +$2.83B
- Cash
- −$43.17M
Complete market value, debt and cash evidence is required for enterprise value.
Compare price, profitability, solvency, and SEC-reported financials side by side—before deciding which assumptions deserve a closer look.
Decision snapshot: NFG stock price vs DTE: inconclusive Relative valuation is incomplete for this pair. Review the available filing metrics before drawing a conclusion.
Quick read
Each company valued on the other's multiple, then compared with the market price.
Implied fair value · at DTE's multiple
Needs DTE P/E.
Implied fair value · at NFG's multiple
Needs NFG P/E.
Price unavailable
Metric by metric
Where each company leads, and how wide the gap is.
Higher is better
Reported gross margin
Operating income + D&A
Lower is better
Not comparable
Lower leverage
Statements
Annual statements in reported currencies, with calculations and source evidence.
Values retain reported currencies and share bases. Select a figure to inspect its period, calculation and filing inputs. Differences require compatible units and periods.
Explore enterprise value and market valuation multiples in the valuation sections.
Trendline
16 period-end years of reported revenue, earnings, and margins. Periods and currencies are shown with the data.
Price framework
USD market cap plus reported borrowing debt, less cash and equivalents. This EV proxy excludes investments, preferred stock and noncontrolling-interest adjustments.
Complete market value, debt and cash evidence is required for enterprise value.
Complete market value, debt and cash evidence is required for enterprise value.
Price framework
The same filing-backed model used on each company's valuation page, with company-specific inputs and calculated scenarios.
NATIONAL FUEL GAS CO · implied price per share
Bear
-$9.77
Base
-$6.10
Bull
-$1.32
DTE ENERGY CO · implied price per share
Five annual free-cash-flow observations are required for the filing-backed baseline.
Balance sheet health
Inspect reported liquidity and leverage alongside historical financial-health checks.
Financial strength on a 0–9 scale.
Bankruptcy-risk signal from balance sheet and earnings power.
Not enough data to score either balance sheet.
Cash excludes investments. EBITDA is an operating-income-plus-D&A proxy. Missing borrowing categories remain unavailable; select a value to inspect its inputs.
Comparable set
Where the pair sits against the wider comparable set.
Keep comparing
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LLM-powered synthesis
An explanation of the financial evidence. Check its snapshot date against the figures above.
This explanation uses an earlier data snapshot or evidence version. Review its generation date and the current figures, or refresh after signing in.
If you believe NFG can sustain its stronger margins and lower leverage while the market continues to rerate it closer to DTE’s P/E multiple, then NFG looks attractive to own because the current valuation gap is large relative to its operating quality.
NFG’s implied price of $124.48 versus its current price of $79.34 suggests 56.9% upside, and the stock also sits above the upper end of its historical band only modestly if the DCF range is used, but still below the full implied valuation. The gap appears driven more by the P/E differential than by revenue-based valuation, since NFG’s 14.0x P/E is well below DTE’s 21.9x while EV/Revenue is identical at 4.6x.
Supporting Metrics