Narrative Update • Aug 25

The Multi-Utilities industry has stayed flat over the last week. The past year has been better, since the industry has gained 11% in that time. Looking forward, earnings are forecast to grow by 10% 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, 01 Sep 2026 | UK£65.9b | UK£39.2b | UK£4.0b | 9.9x | 16.4x | 1.7x |
| Thu, 30 Jul 2026 | UK£67.1b | UK£39.2b | UK£4.0b | 9.9x | 16.6x | 1.7x |
| Sat, 27 Jun 2026 | UK£70.5b | UK£39.1b | UK£3.2b | 13.4x | 21.7x | 1.8x |
| Mon, 25 May 2026 | UK£73.6b | UK£39.1b | UK£3.2b | 16.3x | 22.8x | 1.9x |
| Wed, 22 Apr 2026 | UK£72.8b | UK£38.9b | UK£2.9b | 19.4x | 25.4x | 1.9x |
| Fri, 20 Mar 2026 | UK£73.7b | UK£38.9b | UK£2.9b | 18.9x | 25.7x | 1.9x |
| Sun, 15 Feb 2026 | UK£77.7b | UK£38.9b | UK£2.7b | 20.2x | 28.8x | 2x |
| Tue, 13 Jan 2026 | UK£67.8b | UK£38.9b | UK£2.7b | 18.3x | 25.2x | 1.7x |
| Thu, 11 Dec 2025 | UK£64.2b | UK£38.9b | UK£2.7b | 18x | 23.8x | 1.7x |
| Sat, 08 Nov 2025 | UK£67.5b | UK£38.8b | UK£2.7b | 19.1x | 25x | 1.7x |
| Mon, 06 Oct 2025 | UK£62.8b | UK£39.7b | UK£2.7b | 19.1x | 23.6x | 1.6x |
| Wed, 03 Sep 2025 | UK£58.9b | UK£39.7b | UK£2.7b | 18.3x | 22.2x | 1.5x |
| Fri, 01 Aug 2025 | UK£61.9b | UK£39.7b | UK£2.7b | 19x | 23.3x | 1.6x |
| Sun, 29 Jun 2025 | UK£61.5b | UK£40.1b | UK£4.2b | 18.4x | 14.5x | 1.5x |
| Tue, 27 May 2025 | UK£62.9b | UK£40.1b | UK£4.2b | 18.9x | 14.9x | 1.6x |
| Thu, 24 Apr 2025 | UK£61.3b | UK£41.1b | UK£3.1b | 19.1x | 19.6x | 1.5x |
| Sat, 22 Mar 2025 | UK£56.6b | UK£41.1b | UK£3.1b | 18.4x | 18.1x | 1.4x |
| Mon, 17 Feb 2025 | UK£55.0b | UK£41.7b | UK£2.9b | 17.8x | 18.9x | 1.3x |
| Wed, 15 Jan 2025 | UK£52.5b | UK£41.7b | UK£2.9b | 17.2x | 18.1x | 1.3x |
| Fri, 13 Dec 2024 | UK£54.0b | UK£41.7b | UK£2.9b | 18.2x | 18.6x | 1.3x |
| Sun, 10 Nov 2024 | UK£54.8b | UK£41.8b | UK£2.9b | 18.5x | 18.9x | 1.3x |
| Tue, 08 Oct 2024 | UK£55.9b | UK£42.4b | UK£3.4b | 20.2x | 16.5x | 1.3x |
| Thu, 05 Sep 2024 | UK£56.8b | UK£42.4b | UK£3.4b | 20.4x | 16.8x | 1.3x |
| Sat, 03 Aug 2024 | UK£56.7b | UK£42.4b | UK£3.4b | 20.2x | 16.7x | 1.3x |
| Mon, 01 Jul 2024 | UK£50.8b | UK£48.3b | UK£6.2b | 19.1x | 8.2x | 1.1x |
| Wed, 29 May 2024 | UK£41.5b | UK£49.1b | UK£6.2b | 14.7x | 6.7x | 0.8x |
| Fri, 26 Apr 2024 | UK£47.2b | UK£50.0b | UK£6.6b | 15.2x | 7.2x | 0.9x |
| Sun, 24 Mar 2024 | UK£47.7b | UK£50.0b | UK£6.6b | 15.5x | 7.3x | 1x |
| Tue, 20 Feb 2024 | UK£46.1b | UK£50.0b | UK£6.6b | 14.9x | 7x | 0.9x |
| Thu, 18 Jan 2024 | UK£47.4b | UK£53.4b | UK£6.9b | 15.1x | 6.9x | 0.9x |
| Sat, 16 Dec 2023 | UK£48.1b | UK£53.4b | UK£6.9b | 15.4x | 7x | 0.9x |
| Mon, 13 Nov 2023 | UK£45.8b | UK£53.1b | UK£6.9b | 14.2x | 6.7x | 0.9x |
| Wed, 11 Oct 2023 | UK£45.3b | UK£54.1b | UK£7.0b | 13.1x | 6.5x | 0.8x |
| Fri, 08 Sep 2023 | UK£46.7b | UK£54.1b | UK£7.0b | 13.5x | 6.7x | 0.9x |
6.7x
How does U.K. Multi-Utilities compare with similar industries?
| GB Market | -0.20% | |
| Utilities | 1.10% | |
| Other Utilities | 0.093% | |
| Multi-Utilities | 0.093% | |
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| CNA Centrica | UK£1.55 | 0.4% +UK£27.2m | -2.6% | PE9.9x | |
| NG. National Grid | UK£11.70 | 0.04% +UK£24.9m | 14.8% | PE18x | |
| TEP Telecom Plus | UK£8.75 | 1.4% +UK£9.4m | -51.4% | PE8.5x |