Linked here is a detailed quantitative analysis of Northwest Natural Gas Co. (NWN). Below are some highlights from the above linked analysis:Company Description: Northwest Natural Gas Co. is a natural gas utility that provides service to some 611,000 residential, 62,000 commercial and 1,000 industrial customers in Oregon and southwestern Washington.Fair Value: In calculating fair value, I consider the NPV MMA Differential Fair Value along with these four calculations of fair value, see page 2 of the linked PDF for a detailed description:
1. Avg. High Yield Price
2. 20-Year DCF Price
3. Avg. P/E Price
4. Graham Number
NWN is trading at a premium to all four valuations above. The stock is trading at a slight discount to its calculated fair value of $46.87. NWN earned a Star in this section since it is trading at a fair value.Dividend Analytical Data: In this section there are three possible Stars and three key metrics, see page 2 of the linked PDF for a detailed description:
1. Free Cash Flow Payout
2. Debt To Total Capital
3. Key Metrics
4. Dividend Growth Rate
5. Years of Div. Growth
6. Rolling 4-yr Div. > 15%
NWN earned one Star in this section for 3.) above. NWN earned a Star for having an acceptable score in at least two of the four Key Metrics measured. The company has paid a cash dividend to shareholders every year since 1952 and has increased its dividend payments for 56 consecutive years. Dividend Income vs.
Google (GOOGL) shares are finally recovering after announcing third-quarter earnings last week that were read on...
What's the first rule of successful real estate investing? Of course, you just said to yourself, "location, read on...
Crude prices came under pressure again today. According to Reuters (from last week), the Saudis “will read on...
If there ever were a teaching moment in the stock market, it was this week. Earnings, trendlines and read on...