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 MSFT: inconclusive — current versus $153.03 implied using P/E multiple.
Quick read
Each company valued on the other's multiple, then compared with the market price.
Implied fair value · at MSFT's multiple
Implied fair value · at NFG's multiple
Needs NFG P/E.
Close Dec 31, 2025
Metric by metric
Where each company leads, and how wide the gap is.
Growth lag
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
Nine 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
MICROSOFT CORPORATION · implied price per share
Debt and bridge-cash inputs are required to translate enterprise value into equity value.
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.
Comparable set
Where the pair sits against the wider comparable set.
Keep comparing
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Cash excludes investments. EBITDA is an operating-income-plus-D&A proxy. Missing borrowing categories remain unavailable; select a value to inspect its inputs.
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 17.1% revenue growth and maintain its 8/9 quality profile without balance-sheet stress, then the stock looks attractive versus the MSFT MSFT multiple because it trades at materially lower P/E, P/S, and EV/EBITDA levels.
On the provided P/E framework, NFG’s implied price of $153.03 versus its current $82.76 suggests 84.9% upside, indicating a large valuation gap versus MSFT benchmark. The gap is supported by NFG’s lower P/E and EV-based multiples, but the comparison is tempered by the fact that MSFT trades at a much richer multiple because it has structurally stronger margins and ROIC.
Supporting Metrics