National Fuel Gas Company (NFG) exhibits 90.4% gross margins and 9.7% return on invested capital within Energy (Oil/Gas Transmission), balanced against a 5.9x enterprise multiple and 4.8% implied options volatility.
Sustained 90.4% gross profitability converts into 36.7% operating margin and 9.7% ROIC, outpacing sector cost of capital.
ROIC: 9.7% // GM: 90.4%YoY revenue trajectory of +30.0% paired with 2.48% free cash flow yield supports self-funded R&D and capital return.
REV YOY: +30.0% // FCF YLD: 2.48%Altman Z-Score of 1.83 and Piotroski F-Score of 8/9 indicate low near-term refinancing stress.
ALTMAN Z: 1.83 // F-SCORE: 8/9Trading at 14.5x trailing P/E (12.2x Fwd P/E) leaves valuation vulnerable if real 10Y TIPS yields spike.
P/E: 14.5x // EV/EBITDA: 5.9xOptions market prices a ±5.2% implied move with a 0.85 put/call ratio around $79.55 max pain.
IMPL MOVE: ±5.2% // P/C: 0.85Elevated industry capital intensity and customer concentration in Oil/Gas Transmission require continuous execution to defend 23.4% net margins.
NET MARGIN: 23.4% // D/E: 0.44x| FILER | SIDE | $ VALUE |
|---|---|---|
| INSPECT FULL OWNERSHIP LEDGER IN OWN <GO> | ||
| STRIKE / EXP | TYPE | PREMIUM |
|---|---|---|
| INSPECT GEX & CHAIN IN OPT <GO> | ||
Unblur the exact $50,000 delta-adjusted ETF/options hedge ratio for NFG & activate live FRED threshold breach alerts.