Header cover image

U.K. (FTSE) Utilities Sector Analysis

UpdatedMar 19, 2024
DataAggregated Company Financials
Companies16
  • 7D-1.3%
  • 3M-5.2%
  • 1Y-2.8%
  • YTD-4.7%

Over the last 7 days, the Utilities industry has dropped 1.3%, driven by a pullback from National Grid of 0.9%. As for the longer term, the industry's performance has been flat for the past year. Looking forward, earnings are forecast to grow by 11% annually.

Sector Valuation and Performance

Has the U.K. Utilities Sector valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Tue, 19 Mar 2024UK£83.1bUK£75.6bUK£7.8b13.5x10.7x1.1x
Thu, 15 Feb 2024UK£81.0bUK£79.2bUK£7.7b13.4x10.5x1x
Sat, 13 Jan 2024UK£89.6bUK£81.4bUK£7.8b11.8x11.5x1.1x
Mon, 11 Dec 2023UK£90.5bUK£81.4bUK£7.8b11.8x11.6x1.1x
Wed, 08 Nov 2023UK£85.1bUK£82.7bUK£7.5b12.6x11.3x1x
Fri, 06 Oct 2023UK£78.5bUK£82.7bUK£7.5b12.8x10.4x0.9x
Sun, 03 Sep 2023UK£81.8bUK£82.5bUK£7.5b13x10.9x1x
Tue, 01 Aug 2023UK£84.7bUK£82.5bUK£7.5b13.4x11.3x1x
Thu, 29 Jun 2023UK£86.1bUK£75.8bUK£2.4b19.3x36.6x1.1x
Sat, 27 May 2023UK£87.9bUK£74.5bUK£2.4b17.5x36.9x1.2x
Mon, 24 Apr 2023UK£91.6bUK£71.9bUK£4.1b18.5x22.2x1.3x
Wed, 22 Mar 2023UK£85.1bUK£71.9bUK£4.1b18.1x20.7x1.2x
Fri, 17 Feb 2023UK£85.8bUK£64.9bUK£4.0b13.8x21.4x1.3x
Sun, 15 Jan 2023UK£84.5bUK£64.9bUK£4.0b13.8x21.1x1.3x
Tue, 13 Dec 2022UK£83.1bUK£64.9bUK£4.0b12.6x20.6x1.3x
Thu, 10 Nov 2022UK£82.4bUK£60.1bUK£3.9b10.7x20.9x1.4x
Sat, 08 Oct 2022UK£73.4bUK£60.2bUK£4.0b10.7x18.5x1.2x
Mon, 05 Sep 2022UK£84.8bUK£60.1bUK£4.0b12.7x21.4x1.4x
Wed, 03 Aug 2022UK£89.3bUK£57.8bUK£3.8b14.9x23.4x1.5x
Fri, 01 Jul 2022UK£81.0bUK£53.0bUK£5.3b14.9x15.4x1.5x
Sun, 29 May 2022UK£87.1bUK£52.9bUK£5.3b15.3x16.4x1.6x
Tue, 26 Apr 2022UK£90.0bUK£49.0bUK£4.9b18.9x18.3x1.8x
Thu, 24 Mar 2022UK£84.4bUK£49.0bUK£4.9b19x17.1x1.7x
Sat, 19 Feb 2022UK£82.6bUK£46.2bUK£5.0b26.1x16.6x1.8x
Mon, 17 Jan 2022UK£81.8bUK£46.2bUK£5.0b25.7x16.4x1.8x
Wed, 15 Dec 2021UK£80.9bUK£46.2bUK£5.0b25x16.3x1.7x
Fri, 12 Nov 2021UK£77.7bUK£44.4bUK£5.4b18.7x14.4x1.7x
Sun, 10 Oct 2021UK£71.9bUK£44.4bUK£5.4b17.5x13.4x1.6x
Tue, 07 Sep 2021UK£74.3bUK£44.4bUK£5.4b15.9x13.8x1.7x
Thu, 05 Aug 2021UK£72.6bUK£44.4bUK£5.4b20.2x13.5x1.6x
Sun, 09 May 2021UK£71.0bUK£44.1bUK£4.8b19.7x14.8x1.6x
Price to Earnings Ratio

14.1x


Total Market Cap: UK£68.0bTotal Earnings: UK£4.8bTotal Revenue: UK£44.1bTotal Market Cap vs Earnings and Revenue0%0%0%
U.K. Utilities Sector Price to Earnings3Y Average 18.5x202220232024
Current Industry PE
  • Investors are pessimistic on the British Utilities industry, indicating that they anticipate long term growth rates will be lower than they have historically.
  • The industry is trading at a PE ratio of 10.7x which is lower than its 3-year average PE of 18.5x.
  • The 3-year average PS ratio of 1.5x is higher than the industry's current PS ratio of 1.1x.
Past Earnings Growth
  • The earnings for companies in the Utilities industry have grown 17% per year over the last three years.
  • Revenues for these companies have grown 20% per year.
  • This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.

Industry Trends

Which industries have driven the changes within the U.K. Utilities sector?

GB Market0.54%
Utilities-1.28%
Gas Utilities0%
Electric Utilities-0.24%
Other Utilities-0.79%
Renewable Energy-2.70%
Water Utilities-3.53%
Industry PE
  • Investors are most optimistic about the Water Utilities industry which is trading above its 3-year average PE ratio of 90.5x.
    • Analysts are expecting annual earnings growth of 37.7%, which is higher than its past year's earnings decline of 38.8% per year.
  • Investors are most pessimistic about the Renewable Energy industry, which is trading below its 3-year average of 14.3x.
Forecasted Growth
  • Analysts are most optimistic on the Water Utilities industry, expecting annual earnings growth of 38% over the next 5 years.
  • This is better than its past earnings decline of 39% per year.
  • In contrast, the Renewable Energy industry is expected to see its earnings decline by 13% per year over the next few years.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuation
TEP Telecom PlusUK£15.482.1%
+UK£25.2m
-18.7%PE18x
YU. Yü GroupUK£13.656.2%
+UK£13.4m
141.6%PE29.9x
OPG OPG Power VenturesUK£0.112.3%
+UK£1.0m
15.8%PE4.1x
BCE Beacon EnergyUK£0.0005210.6%
+UK£925.6k
n/aPB26.7x
AEIP Asian Energy Impact TrustUK£0.153.4%
+UK£878.4k
-83.0%PB0.4x
Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.

Latest News

MAST

UK£0.0037

MAST Energy Developments

7D

7.1%

1Y

-75.8%

DRX

UK£4.74

Drax Group

7D

-3.9%

1Y

-17.9%

GOOD

UK£2.64

Good Energy Group

7D

0.8%

1Y

40.8%

BCE

UK£0.00052

Beacon Energy

7D

10.6%

1Y

n/a

PNN

UK£6.61

Pennon Group

7D

-5.8%

1Y

-24.2%