Narrative Update • Jun 24

In the last week, Multi-Utilities has been flat. As for the the longer term, the industry is up 15% over the past 12 months. Looking forward, earnings are forecast to grow by 15% annually.
Has the U.K. Multi-Utilities Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Tue, 07 Jul 2026 | UK£69.6b | UK£39.1b | UK£3.2b | 13.2x | 21.4x | 1.8x |
| Thu, 04 Jun 2026 | UK£68.9b | UK£39.1b | UK£3.2b | 15.1x | 21.3x | 1.8x |
| Sat, 02 May 2026 | UK£75.9b | UK£38.9b | UK£2.9b | 18.5x | 26.5x | 2x |
| Mon, 30 Mar 2026 | UK£71.6b | UK£38.9b | UK£2.9b | 18.3x | 25x | 1.8x |
| Wed, 25 Feb 2026 | UK£78.0b | UK£38.9b | UK£2.9b | 20.1x | 27.2x | 2x |
| Fri, 23 Jan 2026 | UK£68.2b | UK£38.9b | UK£2.7b | 18.3x | 25.3x | 1.8x |
| Sun, 21 Dec 2025 | UK£65.4b | UK£38.9b | UK£2.7b | 18.1x | 24.3x | 1.7x |
| Tue, 18 Nov 2025 | UK£67.4b | UK£38.8b | UK£2.7b | 19.1x | 24.9x | 1.7x |
| Thu, 16 Oct 2025 | UK£64.4b | UK£39.7b | UK£2.7b | 19.4x | 24.2x | 1.6x |
| Sat, 13 Sep 2025 | UK£61.0b | UK£39.7b | UK£2.7b | 19.1x | 23x | 1.5x |
| Mon, 11 Aug 2025 | UK£61.5b | UK£39.7b | UK£2.7b | 19.1x | 23.1x | 1.5x |
| Wed, 09 Jul 2025 | UK£59.6b | UK£40.1b | UK£4.2b | 17.9x | 14.1x | 1.5x |
| Fri, 06 Jun 2025 | UK£60.2b | UK£40.1b | UK£4.2b | 18x | 14.2x | 1.5x |
| Sun, 04 May 2025 | UK£61.5b | UK£41.1b | UK£3.1b | 20x | 19.6x | 1.5x |
| Tue, 01 Apr 2025 | UK£58.2b | UK£41.1b | UK£3.1b | 18.3x | 18.6x | 1.4x |
| Thu, 27 Feb 2025 | UK£56.6b | UK£41.1b | UK£3.1b | 18x | 18.1x | 1.4x |
| Sat, 25 Jan 2025 | UK£54.8b | UK£41.7b | UK£2.9b | 17.1x | 18.9x | 1.3x |
| Mon, 23 Dec 2024 | UK£53.0b | UK£41.7b | UK£2.9b | 18x | 18.3x | 1.3x |
| Wed, 20 Nov 2024 | UK£55.8b | UK£41.8b | UK£2.9b | 19.5x | 19.2x | 1.3x |
| Fri, 18 Oct 2024 | UK£57.9b | UK£42.4b | UK£3.4b | 20.8x | 17.1x | 1.4x |
| Sun, 15 Sep 2024 | UK£58.5b | UK£42.4b | UK£3.4b | 19.8x | 17.2x | 1.4x |
| Tue, 13 Aug 2024 | UK£55.8b | UK£42.4b | UK£3.4b | 19.6x | 16.5x | 1.3x |
| Thu, 11 Jul 2024 | UK£54.0b | UK£48.3b | UK£6.2b | 20.4x | 8.7x | 1.1x |
| Sat, 08 Jun 2024 | UK£40.8b | UK£49.1b | UK£6.2b | 14.6x | 6.6x | 0.8x |
| Mon, 06 May 2024 | UK£48.1b | UK£50.0b | UK£6.6b | 15.6x | 7.3x | 1x |
| Wed, 03 Apr 2024 | UK£47.9b | UK£50.0b | UK£6.6b | 15.6x | 7.3x | 1x |
| Fri, 01 Mar 2024 | UK£46.4b | UK£50.0b | UK£6.6b | 15.1x | 7.1x | 0.9x |
| Sun, 28 Jan 2024 | UK£47.3b | UK£53.4b | UK£6.9b | 15.2x | 6.9x | 0.9x |
| Tue, 26 Dec 2023 | UK£48.0b | UK£53.4b | UK£6.9b | 15.3x | 7x | 0.9x |
| Thu, 23 Nov 2023 | UK£47.3b | UK£53.4b | UK£6.9b | 14.9x | 6.9x | 0.9x |
| Sat, 21 Oct 2023 | UK£45.2b | UK£54.1b | UK£7.0b | 13.1x | 6.4x | 0.8x |
| Mon, 18 Sep 2023 | UK£48.2b | UK£54.1b | UK£7.0b | 13.9x | 6.9x | 0.9x |
| Wed, 16 Aug 2023 | UK£44.5b | UK£54.1b | UK£7.0b | 13x | 6.3x | 0.8x |
| Fri, 14 Jul 2023 | UK£45.6b | UK£47.9b | UK£2.0b | 16.7x | 22.8x | 1x |
22.8x
How does U.K. Multi-Utilities compare with similar industries?
| GB Market | 1.66% | |
| Utilities | -0.62% | |
| Other Utilities | -1.85% | |
| Multi-Utilities | -1.85% | |
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| TEP Telecom Plus | UK£7.67 | 2.4% +UK£14.4m | -61.8% | PE7.6x |