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U.K. (FTSE) Utilities Sector Analysis

UpdatedSep 26, 2023
DataAggregated Company Financials
Companies20
  • 7D-1.6%
  • 3M-3.3%
  • 1Y5.1%
  • YTD1.7%

Over the last 7 days, the Utilities industry has dropped 1.6%, driven by a pullback from National Grid of 1.5%. On the other hand OPG Power Ventures is actually up 29%. Over the past 12 months, the industry was up 5.1%. As for the next few years, earnings are expected to grow by 5.8% per annum.

Sector Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Tue, 26 Sep 2023UK£83.3bUK£82.6bUK£7.5b13.1x11.1x1x
Thu, 24 Aug 2023UK£80.2bUK£82.5bUK£7.5b13x10.7x1x
Sat, 22 Jul 2023UK£86.3bUK£75.8bUK£2.4b19.5x36.2x1.1x
Mon, 19 Jun 2023UK£87.0bUK£74.5bUK£2.3b24.3x37.4x1.2x
Wed, 17 May 2023UK£92.8bUK£71.9bUK£4.1b18.5x22.5x1.3x
Fri, 14 Apr 2023UK£91.6bUK£71.9bUK£4.1b18.2x22.2x1.3x
Sun, 12 Mar 2023UK£85.8bUK£71.8bUK£4.1b18.1x20.8x1.2x
Tue, 07 Feb 2023UK£85.8bUK£64.9bUK£4.0b14.4x21.4x1.3x
Thu, 05 Jan 2023UK£83.4bUK£64.9bUK£4.0b13.8x20.8x1.3x
Sat, 03 Dec 2022UK£84.4bUK£64.9bUK£4.0b12.7x20.9x1.3x
Mon, 31 Oct 2022UK£76.4bUK£60.1bUK£3.9b10.6x19.4x1.3x
Wed, 28 Sep 2022UK£75.7bUK£60.3bUK£4.0b11.9x19x1.3x
Fri, 26 Aug 2022UK£89.4bUK£60.0bUK£4.0b13.3x22.5x1.5x
Sun, 24 Jul 2022UK£86.1bUK£53.0bUK£5.3b15.6x16.3x1.6x
Tue, 21 Jun 2022UK£80.8bUK£53.0bUK£5.3b14.7x15.3x1.5x
Thu, 19 May 2022UK£94.4bUK£49.0bUK£4.9b18.2x19.2x1.9x
Sat, 16 Apr 2022UK£89.8bUK£49.0bUK£4.9b19.5x18.2x1.8x
Mon, 14 Mar 2022UK£83.7bUK£48.9bUK£4.9b25.8x17x1.7x
Wed, 09 Feb 2022UK£81.3bUK£46.2bUK£5.0b25.8x16.3x1.8x
Fri, 07 Jan 2022UK£81.5bUK£46.2bUK£5.0b25x16.4x1.8x
Sun, 05 Dec 2021UK£78.7bUK£46.2bUK£5.0b23.8x15.8x1.7x
Tue, 02 Nov 2021UK£76.5bUK£44.4bUK£5.4b18.3x14.2x1.7x
Thu, 30 Sep 2021UK£72.1bUK£44.4bUK£5.4b15.2x13.4x1.6x
Sat, 28 Aug 2021UK£74.2bUK£44.4bUK£5.4b20.7x13.8x1.7x
Sun, 04 Jul 2021UK£72.1bUK£44.4bUK£5.4b20x13.4x1.6x
Wed, 07 Apr 2021UK£68.0bUK£44.1bUK£4.8b18.7x14.1x1.5x
Sat, 09 Jan 2021UK£67.4bUK£43.6bUK£3.3b26.9x20.2x1.5x
Fri, 02 Oct 2020UK£64.6bUK£39.1bUK£2.1b28.3x31.4x1.7x
Price to Earnings Ratio

31.4x


Total Market Cap: UK£64.6bTotal Earnings: UK£2.1bTotal Revenue: UK£39.1bTotal Market Cap vs Earnings and Revenue0%0%0%
U.K. Utilities Sector Price to Earnings3Y Average 20.9x202120222023
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 11.1x which is lower than its 3-year average PE of 20.9x.
  • The 3-year average PS ratio of 1.6x is higher than the industry's current PS ratio of 1.0x.
Past Earnings Growth
  • The earnings for companies in the Utilities industry have grown 54% per year over the last three years.
  • Revenues for these companies have grown 28% 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 Market-0.24%
Utilities-1.55%
Gas Utilities12.90%
Electric Utilities-0.16%
Other Utilities-1.46%
Water Utilities-2.22%
Renewable Energy-6.57%
Industry PE
  • Investors are most optimistic about the Water Utilities industry even though it's trading below its 3-year average PE ratio of 62.3x.
    • Analysts are expecting annual earnings growth of 24.5%, which is higher than its past year's earnings decline of 99.4% per year.
Forecasted Growth
  • Analysts are most optimistic on the Water Utilities industry, expecting annual earnings growth of 24% over the next 5 years.
  • This is better than its past earnings decline of 99% per year.
  • In contrast, the Renewable Energy industry is expected to see its earnings decline by 15% 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
OPG OPG Power VenturesUK£0.1129.4%
+UK£10.0m
81.8%PE11.9x
KIBO Kibo EnergyUK£0.000555.8%
+UK£113.4k
-68.0%PS2x
FCRM Fulcrum Utility ServicesUK£0.001812.9%
+UK£79.9k
-97.8%PS0.01x
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