COMPARE · Data as of August 21, 2026
MWH vs NGG
Verdict: Side-by-side breakdown using the Bull Rankings model. MWH scored 72.0, NGG scored 57.6 — MWH leads.
Compare another set
Different reporting periods. MWH's fundamentals are as of March 2026, but NGG's are as of March 2025 — a 12-month gap. Growth, margin and valuation figures below therefore describe different windows and aren't strictly like-for-like.
MWH
SOLV Energy, Inc.
72
$28.34 · $5.7B
fundamentals as of
Score gap
14.4
MWH leads
NGG
National Grid Transco, PLC Nati
57.6
$79.76 · $80.2B
fundamentals as of
At a glance · who leads each dimension, on the model's own rules
- CheapestNGG17.9x
- Fastest growthMWH+34.8%
- Strongest balance sheetMWH0.10
- Highest qualityMWH75 / 100
- Largest discount to fair valueMWH-34%
Side by side · every name on one set of axes
Growth against the P/E multiple. Up and to the right is cheaper and faster — the quality-growth idea in one picture. Points beyond the axis are pinned to the edge and marked off-scale rather than allowed to compress everything else.
The model, pillar by pillar (0–100 each)
MWH
stronger →← stronger
NGG
75
Qualityreturns · margins · balance sheet
58
95
Growthrevenue & earnings expansion
44
87
Valuevaluation vs sector peers
88
MWH is stronger on 2 of 3 pillars.
Fundamentals, head-to-head
MWH
NGG
$368mC
FCF
—
+34.8%A
Rev
-7.4%D
0.10A
D/E
1.21B+
48.0xD
P/E
17.9xB+
1.17B+
PEG
1.00B+
Winner per row is the stronger grade; where grades tie, the better figure breaks it. A true tie or a missing value shows no highlight.
Valuation · DCF cross-check
MWH
NGG
34% below
Price vs fair valuelower is cheaper
—
~4%/yr
Growth the price implies10-yr FCF · lower = less priced in
—
+15%
1-yr DCF upside
—
+51%
5-yr DCF upside
—
+125%
10-yr DCF upside
—
The DCF is a cross-check on intrinsic value, separate from the quality-growth score above.
Model signals
MWH
Why this score
- Short track record
NGG
Why this score
- Cut its dividend
- Foreign reporter (GBP)
The companies
MWHSOLV Energy, Inc.
Why now
Utilities - Renewable · market cap $5.7b. Down 41% from 52-week high of $48.40 — deep drawdown territory. Revenue growing +35% — in hypergrowth territory. 11 sell-side analysts rate this a Strong Buy with a mean 1-yr target of $45.18 (implying +59% upside).
Moat
Free cash flow runs well ahead of reported net income — non-cash charges (depreciation, intangible amortization) are holding down GAAP earnings while cash generation stays strong.
Risk
Down 41% from the 52-week high — the market is pricing in something the screen can't see; verify the bear case before sizing up. Trailing P/E 48x sits well above the S&P median (~20x) — multiple compression is a real risk if revenue growth decelerates. Net margin 3.8% is thin — operating leverage cuts both ways; input-cost inflation or pricing pressure hits the bottom line first.
NGGNational Grid Transco, PLC Nati
Why now
Utilities - Regulated Electric · market cap $80.2b. 16% off the 52-week high of $94.64. Revenue -7% — in contraction; any catalyst that reverses this triggers re-rating. 5 sell-side analysts publish a mean 1-yr target of $90.89 (implying +14% upside).
Moat
Net margin 16% beats the market median by a meaningful margin — the company is keeping more of every revenue dollar than the average S&P constituent. $80.2b market cap gives the company enough scale to absorb fixed costs that subscale competitors can't, without yet being so large that growth has to come from acquisition.
Risk
Revenue contracting -7% — the operational turn is not yet visible in the top line. Dividend payout 71% of earnings on a 4.0% yield — distribution coverage is thin; one earnings stumble could force a dividend cut. ROE 8% is below the long-run sustainable threshold of ~10% — capital efficiency would need to improve for the equity base to compound at the market rate.
Verdict — model-derived comparison
Generating verdict… typically 5–10 seconds
Not investment advice. The Bull Rankings publishes a quantitative ranking model and accompanying analysis for general informational purposes only. Nothing on this page is a recommendation to buy, sell, or hold any security; nothing is personalized to your circumstances, risk tolerance, or tax situation. Investing carries the risk of loss — invest at your own risk and consider consulting a licensed financial professional before acting on anything you read here. See terms and methodology for full disclosures.
Where MWH and NGG diverge
On the headline score the gap is 14.4 points in favor of MWH. The widest single difference is Growth, where MWH leads by 51.7 points.
- GrowthMWH 95.2 · NGG 43.5MWH +51.7
- QualityMWH 74.9 · NGG 58.3MWH +16.6
- ValueMWH 86.5 · NGG 87.7level
Pillars run 0–100 against sector peers, so a score is a statement about a company relative to its own industry rather than to the other name here. A wide Value gap usually means the market already prices the difference in quality or growth — which is the trade-off this comparison comes down to.