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

UpdatedMar 25, 2026
DataAggregated Company Financials
Companies3
  • 7D-9.1%
  • 3M9.1%
  • 1Y27.1%
  • YTDn/a

Over the last 7 days, the Multi-Utilities industry has dropped 10%, driven by pullbacks from every company within the industry. This takes the industry's 12 month performance to a gain of 25%. Earnings are forecast to grow by 14% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Wed, 25 Mar 2026UK£71.2bUK£38.9bUK£2.9b18.3x24.8x1.8x
Fri, 20 Feb 2026UK£76.2bUK£38.9bUK£2.7b19.9x28.3x2x
Sun, 18 Jan 2026UK£69.0bUK£38.9bUK£2.7b18.6x25.6x1.8x
Tue, 16 Dec 2025UK£64.6bUK£38.9bUK£2.7b18.2x24x1.7x
Thu, 13 Nov 2025UK£67.7bUK£38.8bUK£2.7b19.1x25x1.7x
Sat, 11 Oct 2025UK£64.2bUK£39.7bUK£2.7b19.2x24.1x1.6x
Mon, 08 Sep 2025UK£60.0bUK£39.7bUK£2.7b18.8x22.6x1.5x
Wed, 06 Aug 2025UK£63.1bUK£39.7bUK£2.7b19.4x23.7x1.6x
Fri, 04 Jul 2025UK£60.2bUK£40.1bUK£4.2b18.1x14.2x1.5x
Sun, 01 Jun 2025UK£60.6bUK£40.1bUK£4.2b18.1x14.3x1.5x
Tue, 29 Apr 2025UK£61.8bUK£41.1bUK£3.1b19.6x19.7x1.5x
Thu, 27 Mar 2025UK£56.7bUK£41.1bUK£3.1b18.1x18.1x1.4x
Sat, 22 Feb 2025UK£55.5bUK£41.1bUK£3.1b17.8x17.7x1.4x
Mon, 20 Jan 2025UK£55.3bUK£41.7bUK£2.9b17.9x19.1x1.3x
Wed, 18 Dec 2024UK£53.5bUK£41.7bUK£2.9b18.1x18.4x1.3x
Fri, 15 Nov 2024UK£55.1bUK£41.8bUK£2.9b19.2x19x1.3x
Sun, 13 Oct 2024UK£56.4bUK£42.4bUK£3.4b20x16.6x1.3x
Tue, 10 Sep 2024UK£58.4bUK£42.4bUK£3.4b20.2x17.2x1.4x
Thu, 08 Aug 2024UK£55.6bUK£42.4bUK£3.4b19.6x16.4x1.3x
Sat, 06 Jul 2024UK£53.5bUK£48.3bUK£6.2b20x8.6x1.1x
Mon, 03 Jun 2024UK£41.8bUK£49.1bUK£6.2b14.8x6.7x0.9x
Wed, 01 May 2024UK£47.1bUK£50.0bUK£6.6b15.2x7.2x0.9x
Fri, 29 Mar 2024UK£47.7bUK£50.0bUK£6.6b15.5x7.3x1x
Sun, 25 Feb 2024UK£46.4bUK£50.0bUK£6.6b15x7.1x0.9x
Tue, 23 Jan 2024UK£47.2bUK£53.4bUK£6.9b15x6.9x0.9x
Thu, 21 Dec 2023UK£48.2bUK£53.4bUK£6.9b15.4x7x0.9x
Sat, 18 Nov 2023UK£47.0bUK£53.1bUK£6.9b14.6x6.9x0.9x
Mon, 16 Oct 2023UK£45.8bUK£54.1bUK£7.0b13.3x6.5x0.8x
Wed, 13 Sep 2023UK£47.1bUK£54.1bUK£7.0b13.6x6.7x0.9x
Fri, 11 Aug 2023UK£45.6bUK£54.1bUK£7.0b13.4x6.5x0.8x
Sun, 09 Jul 2023UK£44.8bUK£47.9bUK£2.0b16.3x22.4x0.9x
Tue, 06 Jun 2023UK£47.0bUK£46.6bUK£2.0b20.4x23.8x1x
Thu, 04 May 2023UK£49.8bUK£45.9bUK£2.2b22.5x22.7x1.1x
Sat, 01 Apr 2023UK£47.8bUK£45.9bUK£2.2b23.4x21.8x1x
Price to Earnings Ratio

21.8x


Total Market Cap: UK£47.8bTotal 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 16.2x202420252026
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-4.25%
Utilities-8.60%
Other Utilities-9.09%
Multi-Utilities-9.09%
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

CNA
UK£1.98
Centrica
7D
-6.7%
1Y
34.7%

CNA: Fair View Balances Low Carbon Upside With Fewer Near Term Catalysts

The analyst price target for Centrica has edged higher to reflect a modest uplift in fair value to £2.05 and a slightly richer future P/E assumption, as analysts balance higher UK low carbon and gas price tailwinds against recent share gains and fewer near term catalysts. Analyst Commentary Recent research on Centrica shows a split between bullish and bearish analysts, with several raising price targets while others have turned more cautious after the share price recovery and completion of the buyback.
TEP
UK£12.64
Telecom Plus
7D
-6.1%
1Y
-26.7%

TEP: Unchanged Fundamentals Will Support Stronger Future Shareholder Returns

Analysts have kept their fair value estimate for Telecom Plus steady at £23.48, reflecting unchanged assumptions for growth, profitability and future P/E that collectively support a stable price target outlook. Valuation Changes Fair Value: £23.48 is unchanged, indicating no revision to the central valuation for Telecom Plus.
NG.
UK£12.32
National Grid
7D
-9.5%
1Y
27.6%

NG.: Margin Resilience And P/E Expectations Will Shape Predictable Future Returns

Analysts have nudged their National Grid fair value estimate higher from £12.47 to £13.14, pointing to slightly firmer profit margin expectations and a modestly higher future P/E multiple, even as revenue growth assumptions are trimmed. Analyst Commentary Bullish Takeaways Bullish analysts view the uplift in fair value to £13.14 as consistent with a business that can sustain firmer profit margins over time, which they see as supportive of the overall earnings quality story.