$National Fuel Gas (NFG.US)$The USA company, listed in 1955,...

Revenue growth has been positive for 3 years excluding 2019 and 2023, while operating profit saw rapid growth only in 2021 and 2022, with slight declines in the other 3 years. Net income incurred losses in 2020 due to impairment of capital assets, with an average net income of 0.32 billion over 5 years. In 2023, interest expenses accounted for 17.5% of operating profit, indicating a heavy interest burden. Return on equity was 18.9%, reaching a peak of 29.3% over 5 years.

Since 40% of NFG's income comes from utilities, its cyclical performance is lower than other stocks.

Currently, the PE is 9.8, TTM PE is 9.8, the 5-year average net income corresponds to a PE of 14.5, PB ratio is 1.56, dividend yield is 3.84%, the valuation is not very attractive for cyclical stocks.