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 2.4%, driven by pullbacks from every company within the industry. Over the past 12 months, the industry was up 43%. As for the next few years, earnings are expected to grow by 13% per annum.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sat, 07 Mar 2026UK£76.3bUK£38.9bUK£2.9b19.6x26.6x2x
Mon, 02 Feb 2026UK£71.0bUK£38.9bUK£2.7b18.7x26.4x1.8x
Wed, 31 Dec 2025UK£65.7bUK£38.9bUK£2.7b18.2x24.4x1.7x
Fri, 28 Nov 2025UK£65.8bUK£38.9bUK£2.7b19.5x24.4x1.7x
Sun, 26 Oct 2025UK£66.9bUK£39.7bUK£2.7b19.9x25.2x1.7x
Tue, 23 Sep 2025UK£60.8bUK£39.7bUK£2.7b18.7x22.9x1.5x
Thu, 21 Aug 2025UK£61.9bUK£39.7bUK£2.7b19.2x23.3x1.6x
Sat, 19 Jul 2025UK£60.8bUK£40.1bUK£4.2b18.4x14.4x1.5x
Mon, 16 Jun 2025UK£61.7bUK£40.1bUK£4.2b18.4x14.6x1.5x
Wed, 14 May 2025UK£58.0bUK£41.1bUK£3.1b20.6x18.5x1.4x
Fri, 11 Apr 2025UK£57.1bUK£41.1bUK£3.1b17.5x18.2x1.4x
Sun, 09 Mar 2025UK£54.2bUK£41.1bUK£3.1b17.9x17.3x1.3x
Tue, 04 Feb 2025UK£56.4bUK£41.7bUK£2.9b17.6x19.4x1.4x
Thu, 02 Jan 2025UK£54.5bUK£41.7bUK£2.9b18.1x18.8x1.3x
Sat, 30 Nov 2024UK£56.4bUK£41.7bUK£2.9b18.9x19.4x1.4x
Mon, 28 Oct 2024UK£56.5bUK£42.4bUK£3.4b19.5x16.6x1.3x
Wed, 25 Sep 2024UK£58.6bUK£42.4bUK£3.4b20.1x17.3x1.4x
Fri, 23 Aug 2024UK£56.3bUK£42.4bUK£3.4b20.3x16.6x1.3x
Sun, 21 Jul 2024UK£54.3bUK£48.3bUK£6.2b19.8x8.7x1.1x
Tue, 18 Jun 2024UK£50.5bUK£49.1bUK£6.2b19x8.1x1x
Thu, 16 May 2024UK£51.3bUK£50.0bUK£6.6b16.5x7.8x1x
Sat, 13 Apr 2024UK£47.0bUK£50.0bUK£6.6b15.1x7.2x0.9x
Mon, 11 Mar 2024UK£47.4bUK£50.0bUK£6.6b15.3x7.2x0.9x
Wed, 07 Feb 2024UK£46.7bUK£53.4bUK£6.9b15.1x6.8x0.9x
Fri, 05 Jan 2024UK£48.9bUK£53.4bUK£6.9b15.6x7.1x0.9x
Sun, 03 Dec 2023UK£47.5bUK£53.4bUK£6.9b14.9x6.9x0.9x
Tue, 31 Oct 2023UK£45.7bUK£54.1bUK£7.0b13.3x6.5x0.8x
Thu, 28 Sep 2023UK£46.0bUK£54.1bUK£7.0b13.4x6.6x0.9x
Sat, 26 Aug 2023UK£45.4bUK£54.1bUK£7.0b13.3x6.5x0.8x
Mon, 24 Jul 2023UK£47.1bUK£47.9bUK£2.0b16.9x23.6x1x
Wed, 21 Jun 2023UK£46.6bUK£46.6bUK£2.0b20.6x23.5x1x
Fri, 19 May 2023UK£48.6bUK£46.6bUK£2.0b22.7x24.6x1x
Sun, 16 Apr 2023UK£49.1bUK£45.9bUK£2.2b24.2x22.4x1.1x
Tue, 14 Mar 2023UK£46.6bUK£45.9bUK£2.2b23.4x21.2x1x
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.