Investing IdeasBrowse All StocksMarkets
Have your own idea? Try our Stock Screener
Header cover image

U.K. (FTSE) Multi-Utilities Industry Analysis

UpdatedMar 07, 2026
DataAggregated Company Financials
Companies3
  • 7D-3.7%
  • 3M17.1%
  • 1Y40.8%
  • YTDn/a

Over the last 7 days, the Multi-Utilities industry has dropped 3.7%, driven by declines from every company within the industry. Over the past 12 months, the industry was up 41%. Looking forward, earnings are forecast to grow by 13% annually.

Industry Valuation and Performance

Has the U.K. Multi-Utilities Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sun, 08 Mar 2026UK£76.3bUK£38.9bUK£2.9b19.6x26.6x2x
Tue, 03 Feb 2026UK£71.4bUK£38.9bUK£2.7b18.7x26.5x1.8x
Thu, 01 Jan 2026UK£65.4bUK£38.9bUK£2.7b18.1x24.3x1.7x
Sat, 29 Nov 2025UK£66.0bUK£38.9bUK£2.7b19.4x24.5x1.7x
Mon, 27 Oct 2025UK£66.9bUK£39.7bUK£2.7b19.9x25.2x1.7x
Wed, 24 Sep 2025UK£60.8bUK£39.7bUK£2.7b18.7x22.9x1.5x
Fri, 22 Aug 2025UK£61.9bUK£39.7bUK£2.7b19.1x23.3x1.6x
Sun, 20 Jul 2025UK£61.5bUK£40.1bUK£4.2b18.6x14.5x1.5x
Tue, 17 Jun 2025UK£61.3bUK£40.1bUK£4.2b18.3x14.5x1.5x
Thu, 15 May 2025UK£58.5bUK£41.1bUK£3.1b20.7x18.7x1.4x
Sat, 12 Apr 2025UK£57.9bUK£41.1bUK£3.1b17.7x18.5x1.4x
Mon, 10 Mar 2025UK£54.2bUK£41.1bUK£3.1b17.9x17.3x1.3x
Wed, 05 Feb 2025UK£56.7bUK£41.7bUK£2.9b17.5x19.5x1.4x
Fri, 03 Jan 2025UK£55.2bUK£41.7bUK£2.9b18.1x19x1.3x
Sun, 01 Dec 2024UK£56.4bUK£41.7bUK£2.9b18.9x19.4x1.4x
Tue, 29 Oct 2024UK£56.6bUK£42.4bUK£3.4b19.4x16.7x1.3x
Thu, 26 Sep 2024UK£58.3bUK£42.4bUK£3.4b19.9x17.2x1.4x
Sat, 24 Aug 2024UK£56.7bUK£42.4bUK£3.4b20.3x16.7x1.3x
Mon, 22 Jul 2024UK£54.3bUK£48.3bUK£6.2b19.8x8.7x1.1x
Wed, 19 Jun 2024UK£51.4bUK£49.1bUK£6.2b19.4x8.3x1x
Fri, 17 May 2024UK£51.7bUK£50.0bUK£6.6b16.6x7.9x1x
Sun, 14 Apr 2024UK£47.0bUK£50.0bUK£6.6b15.1x7.2x0.9x
Tue, 12 Mar 2024UK£47.3bUK£50.0bUK£6.6b15.3x7.2x0.9x
Thu, 08 Feb 2024UK£46.8bUK£53.4bUK£6.9b15.1x6.8x0.9x
Sat, 06 Jan 2024UK£49.0bUK£53.4bUK£6.9b15.5x7.1x0.9x
Mon, 04 Dec 2023UK£47.5bUK£53.4bUK£6.9b14.9x6.9x0.9x
Wed, 01 Nov 2023UK£45.8bUK£54.1bUK£7.0b13.3x6.5x0.8x
Fri, 29 Sep 2023UK£45.2bUK£54.1bUK£7.0b13.1x6.4x0.8x
Sun, 27 Aug 2023UK£45.4bUK£54.1bUK£7.0b13.3x6.5x0.8x
Tue, 25 Jul 2023UK£47.3bUK£47.9bUK£2.0b17x23.7x1x
Thu, 22 Jun 2023UK£46.4bUK£46.6bUK£2.0b20.7x23.5x1x
Sat, 20 May 2023UK£48.5bUK£46.6bUK£2.0b22.7x24.5x1x
Mon, 17 Apr 2023UK£49.1bUK£45.9bUK£2.2b24.2x22.4x1.1x
Wed, 15 Mar 2023UK£46.6bUK£45.9bUK£2.2b23.6x21.2x1x
Price to Earnings Ratio

21.2x


Total Market Cap: UK£46.6bTotal Earnings: UK£2.2bTotal Revenue: UK£45.9bTotal Market Cap vs Earnings and Revenue0%0%0%
U.K. Multi-Utilities Industry Price to Earnings3Y Average 16.1x202420252026
Current Industry PE
    There are only 3 companies in the British Multi-Utilities industry, so there is insufficient data to make an industry-wide assessment of both the PE and PS ratio.
Past Earnings Growth
  • The earnings for companies in the Multi-Utilities industry have grown 9.3% per year over the last three years.
  • Meanwhile revenues for these companies have declined 5.4% per year.
  • This means that less sales are being generated overall, but since cost of doing business is lower, profits have been increasing.

Industry Comparison

How does U.K. Multi-Utilities compare with similar industries?

GB Market-5.72%
Utilities-3.57%
Other Utilities-3.70%
Multi-Utilities-3.70%
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.

Top Stock Gainers and Losers

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

CompanyLast Price7D1YValuation
No data available

Latest News

TEP
UK£13.30
Telecom Plus
7D
-2.9%
1Y
-21.9%

TEP: Stable Assumptions Will Support Stronger Future Shareholder Returns

Analysts have kept their fair value estimate for Telecom Plus steady at £23.48, citing unchanged assumptions on discount rate, revenue growth and profit margin, which together leave their long term P/E expectations broadly intact. Valuation Changes Fair Value: Held steady at £23.48, with no change in the underlying model input.
CNA
UK£1.94
Centrica
7D
-2.6%
1Y
32.4%

CNA: Neutral Stance Will Rely On Execution Against Tight P/E Expectations

Centrica's analyst fair value estimate has edged up to reflect higher price targets in the £2.24 to £2.32 range, with analysts citing adjusted expectations for revenue growth, improved profit margin assumptions, and a lower expected future P/E of 11.4x. Analyst Commentary Recent research has clustered Centrica's price targets in the £2.24 to £2.32 range, with several banks adjusting their numbers in quick succession.
NG.
UK£13.38
National Grid
7D
-3.8%
1Y
43.8%

NG.: Earnings Quality And Regulation Will Shape Predictable Future Returns

Analysts have adjusted their price target on National Grid to £12.47, reflecting updated views on revenue growth, profit margins and future P/E assumptions, while keeping key valuation inputs broadly unchanged. Analyst Commentary Bullish Takeaways Bullish analysts view the reaffirmed assumptions on revenue and profit margins as supportive of the revised £12.47 target and suggest the current P/E framework is still seen as appropriate for National Grid's earnings profile.