Northwest Natural Holding runs a regulated gas utility in Oregon and Southwest Washington, distributing natural gas to roughly two million people through its Northwest Natural Gas Company subsidiary, with a smaller asset-based business in gas storage and pipeline services. Its moat is the rate base it earns a regulated return on, which makes earnings far more predictable than most of the market's cyclical names, though the 8.3% ROE shows how thinly that return is spread across a $2.0B equity base. The near-term driver is rate case outcomes and capital spending on system safety and modernization, which expand the rate base over time. What makes it worth a look now is the valuation: at 16.0x trailing and 14.5x forward earnings, the stock is priced against revenue growth of only 3.1% and a 13.6% operating margin, so the case rests on whether regulators allow returns that lift ROE above today's level. The composite score of 49/100 and absence from any major index mean the name is under-owned, which can cut both ways.
Plain-English pros, cons, and what to watch. Pro feature.
See what each model says, the assumptions behind it, the bad, normal and good cases, and why the fair value changed.
The full quality picture: a reason under every score, how the scores moved, and the conviction breakdown.
The full analyst picture: the price-target distribution against the current price, forward consensus estimates, and how ACCE's own models compare.
Trades are only made public after a delay. We show the delay so you know how old the news is.
Follow the informed money: 13F position changes, insider and Congress trades, and 13D activist filings.
| Date | Type | New | Previous | Price |
|---|---|---|---|---|
| 14 Oct 2026, 00:00 CEST | Fair value | $43.17 | $54.37 | $48.46 |
| 11 Oct 2026, 00:00 CEST | ACCE price target | $51.00 | first publication | $47.73 |
| 9 Oct 2026, 00:00 CEST | Fair value | $54.37 | $53.31 | $47.78 |
| 27 Sept 2026, 00:00 CEST | Fair value | $53.31 | $54.60 | $47.04 |
| 19 Sept 2026, 00:00 CEST | Fair value | $54.60 | $55.41 | $48.66 |
| 1 Sept 2026, 00:00 CEST | Fair value | $55.41 | $54.76 | $49.50 |
| 29 Aug 2026, 00:00 CEST | Fair value | $54.76 | $53.99 | $49.56 |
| 24 Aug 2026, 00:00 CEST | Fair value | $53.99 | $54.74 | $49.98 |
| 21 Aug 2026, 00:00 CEST | Fair value | $54.74 | $48.72 | $50.85 |
| 19 Aug 2026, 00:00 CEST | Fair value | $48.72 | $47.16 | $50.57 |
Answered from Northwest Natural Holding Company Common Stock fundamentals + recent valuations. Every number shows its source and date.
| Company | Price | Fair value | vs fair value | P/E | ROE | Quality | Score |
|---|---|---|---|---|---|---|---|
| NWN Northwest Natural Holding Company Common Stock | $49.87 | - | - | 16.6x | 8.3% | 53 | 52 |
| PROMIGAS.CL Promigas | COP 6200.00 | - | - | 7.5x | 16.1% | 61 | 43 |
| CTRI Centuri Holdings Inc. Common Stock | $19.34 | $15 | 28% above | 60.4x | 4.0% | 25 | 41 |
| CPK Chesapeake Utilities Corporation Common Stock | $134.28 | $119 | 13% above | 21.4x | 9.5% | 69 | 56 |
| 0384.HK China Gas Holdings Limited | HK$4.96 | HK$6 | 23% below | 9.9x | 5.6% | 39 | 39 |
| SPH Suburban Propane Partners L.P. Common Stock | $17.73 | $24 | 27% below | 9.2x | 19.2% | 50 | 49 |
| MDU MDU Resources Group Inc. Common Stock (Holding Company) | $19.22 | $11 | 74% above | 20.4x | 6.9% | 54 | 52 |
Where NWN ranks against its sector peers on each metric.