Narrative Update • Jun 30

Over the last 7 days, the Multi-Utilities industry has dropped 3.1%, driven by pullbacks from every company within the industry. Over the past 12 months, the industry was up 31%. As for the next few years, earnings are expected to grow by 10% per annum.
Has the French Multi-Utilities Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Thu, 16 Jul 2026 | €93.2b | €116.3b | €4.9b | 19.9x | 18.9x | 0.8x |
| Sat, 13 Jun 2026 | €92.9b | €116.3b | €4.9b | 19.5x | 18.8x | 0.8x |
| Mon, 11 May 2026 | €91.9b | €116.3b | €4.9b | 19.4x | 18.6x | 0.8x |
| Wed, 08 Apr 2026 | €95.1b | €116.3b | €4.9b | 19.4x | 19.3x | 0.8x |
| Fri, 06 Mar 2026 | €88.8b | €116.3b | €4.9b | 18.5x | 18x | 0.8x |
| Sun, 01 Feb 2026 | €84.0b | €119.0b | €6.2b | 15.7x | 13.6x | 0.7x |
| Tue, 30 Dec 2025 | €75.7b | €119.0b | €6.2b | 14.4x | 12.3x | 0.6x |
| Thu, 27 Nov 2025 | €74.4b | €119.0b | €6.2b | 14.2x | 12.1x | 0.6x |
| Sat, 25 Oct 2025 | €69.4b | €119.0b | €6.2b | 13.8x | 11.3x | 0.6x |
| Mon, 22 Sep 2025 | €64.4b | €119.0b | €6.2b | 13.1x | 10.4x | 0.5x |
| Wed, 20 Aug 2025 | €67.1b | €119.0b | €6.2b | 13.6x | 10.9x | 0.6x |
| Fri, 18 Jul 2025 | €68.9b | €118.5b | €5.2b | 14.9x | 13.2x | 0.6x |
| Sun, 15 Jun 2025 | €70.3b | €118.5b | €5.2b | 15.2x | 13.4x | 0.6x |
| Tue, 13 May 2025 | €65.1b | €118.5b | €5.2b | 14.6x | 12.4x | 0.5x |
| Thu, 10 Apr 2025 | €63.1b | €118.5b | €5.2b | 13.9x | 12.1x | 0.5x |
| Sat, 08 Mar 2025 | €63.4b | €118.5b | €5.2b | 14.4x | 12.1x | 0.5x |
| Mon, 03 Feb 2025 | €58.3b | €117.8b | €6.0b | 13.1x | 9.7x | 0.5x |
| Wed, 01 Jan 2025 | €56.5b | €117.8b | €6.0b | 12.9x | 9.4x | 0.5x |
| Fri, 29 Nov 2024 | €56.3b | €117.8b | €6.0b | 12.9x | 9.4x | 0.5x |
| Sun, 27 Oct 2024 | €59.2b | €117.8b | €6.0b | 13.6x | 9.9x | 0.5x |
| Tue, 24 Sep 2024 | €60.3b | €117.8b | €6.0b | 14x | 10.1x | 0.5x |
| Thu, 22 Aug 2024 | €58.3b | €117.8b | €6.0b | 13.4x | 9.7x | 0.5x |
| Sat, 20 Jul 2024 | €55.1b | €127.9b | €3.1b | 18.9x | 17.8x | 0.4x |
| Mon, 17 Jun 2024 | €52.1b | €127.9b | €3.1b | 17.9x | 16.9x | 0.4x |
| Wed, 15 May 2024 | €59.4b | €127.9b | €3.1b | 20x | 19.2x | 0.5x |
| Fri, 12 Apr 2024 | €58.1b | €127.9b | €3.1b | 19.5x | 18.8x | 0.5x |
| Sun, 10 Mar 2024 | €57.8b | €127.9b | €3.1b | 19.5x | 18.7x | 0.5x |
| Tue, 06 Feb 2024 | €57.2b | €143.2b | -€6,634,600,000.00 | 19.9x | -8.6x | 0.4x |
| Thu, 04 Jan 2024 | €58.3b | €143.2b | -€6,634,600,000.00 | 18.3x | -8.8x | 0.4x |
| Sat, 02 Dec 2023 | €59.3b | €143.2b | -€6,634,600,000.00 | 18.8x | -8.9x | 0.4x |
| Mon, 30 Oct 2023 | €54.2b | €143.2b | -€6,634,600,000.00 | 16.6x | -8.2x | 0.4x |
| Wed, 27 Sep 2023 | €55.6b | €143.2b | -€6,634,600,000.00 | 18.3x | -8.4x | 0.4x |
| Fri, 25 Aug 2023 | €55.2b | €143.2b | -€6,634,600,000.00 | 18.1x | -8.3x | 0.4x |
| Sun, 23 Jul 2023 | €58.3b | €136.8b | -€1,248,600,000.00 | 26.3x | -46.7x | 0.4x |
-46.7x
How does French Multi-Utilities compare with similar industries?
| FR Market | 1.38% | |
| Utilities | 1.22% | |
| Other Utilities | 1.34% | |
| Multi-Utilities | 1.34% | |
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| ENGI Engie | €27.04 | 1.0% +€632.3m | 39.5% | PE17.8x | |
| VIE Veolia Environnement | €37.52 | 2.2% +€600.5m | 24.3% | PE22.1x |