United Utilities Group's (LON:UU.) Dividend Will Be Increased To UK£0.14
United Utilities Group PLC's ( LON:UU. ) dividend will be increasing on the 1st of February to UK£0.14, with investors...
U.K. (FTSE) Utilities Sector Analysis
UpdatedNov 28, 2021
DataAggregated Company Financials
Companies18
- 7D1.0%
- 3M4.8%
- 1Y18.2%
- YTD12.0%
Over the last 7 days, the Utilities industry has risen 1.0%, driven by gains from National Grid of 1.6%. This takes the industry's 12 month performance to a gain of 18%.
Sector Valuation and Performance
Has the U.K. Utilities Sector valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE |
|---|---|---|---|---|
| Tue, 30 Nov 2021 | UK£78.5b | UK£46.1b | UK£5.0b | 23.8x |
| Thu, 28 Oct 2021 | UK£75.7b | UK£44.4b | UK£5.4b | 18.1x |
| Sat, 25 Sep 2021 | UK£73.6b | UK£44.4b | UK£5.4b | 15.2x |
| Mon, 23 Aug 2021 | UK£75.8b | UK£44.4b | UK£5.4b | 21.3x |
| Sat, 10 Jul 2021 | UK£72.1b | UK£44.4b | UK£5.4b | 20x |
| Fri, 02 Apr 2021 | UK£68.0b | UK£44.1b | UK£4.8b | 18.7x |
| Mon, 04 Jan 2021 | UK£67.4b | UK£43.6b | UK£3.3b | 26.9x |
| Thu, 08 Oct 2020 | UK£64.6b | UK£39.1b | UK£2.1b | 28.3x |
| Wed, 01 Jul 2020 | UK£71.7b | UK£40.3b | UK£1.7b | 30.6x |
| Sat, 04 Apr 2020 | UK£67.8b | UK£43.0b | UK£1.3b | 27.1x |
| Tue, 07 Jan 2020 | UK£73.8b | UK£45.4b | UK£2.0b | 28.1x |
| Mon, 30 Sep 2019 | UK£65.8b | UK£55.5b | UK£3.1b | 19.6x |
| Thu, 04 Jul 2019 | UK£62.2b | UK£55.7b | UK£3.2b | 17x |
| Sun, 07 Apr 2019 | UK£65.4b | UK£56.1b | UK£3.5b | 15.5x |
| Wed, 09 Jan 2019 | UK£61.1b | UK£63.3b | UK£4.3b | 15x |
PE Ratio
15.4x
Current Industry PE: Investors are relatively neutral on the industry at the moment, considering it's trading close to its 3-year average PE ratio of 22.5x. It appears they believe that earnings will grow in-line with historical growth rates.
Past Earnings Growth: The earnings for companies in the Utilities industry have grown 2.7% per year over the last three years, while revenues for these companies have declined 13% per year. This means that less sales are being generated overall, but since cost of doing business is lower, profits have been increasing.
Industry Trends
Which industries have driven the changes within the U.K. Utilities sector?
| Water Utilities | 2.91% | |
| Other Utilities | 1.50% | |
| Electric Utilities | -1.39% | |
| Renewable Energy | -3.53% | |
| Gas Utilities | -13.67% | |
Industry PE: Investors are most optimistic about the Water Utilities industry which is trading above its 3-year average PE ratio of 29.8x. This is likely because analysts are expecting annual earnings growth of 11%, which is higher than its past year's earnings decline of 20% per year. Meanwhile, investors are most pessimistic about the Electric Utilities industry, which is trading below its 3-year average of 9.7x.
Forecasted Growth: Analysts are most optimistic on the Renewable Energy industry, expecting annual earnings growth of 31% over the next 5 years. Meanwhile, the Electric Utilities industry is expected to see its earnings decline by 2.9% per year over the next few years.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | 7D | 1Y | Valuation | |
|---|---|---|---|---|
| NG. National Grid | 1.6%+UK£586.0m | 18.0% | PE23.8x | |
| SVT Severn Trent | 3.9%+UK£275.5m | 21.7% | PS3.8x | |
| UU. United Utilities Group | 2.5%+UK£180.7m | 20.9% | PE98.7x | |
| TEP Telecom Plus | 12.7%+UK£128.8m | 2.1% | PE37.4x | |
| PNN Pennon Group | 1.7%+UK£49.5m | -13.6% | PE31.1x |
