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

UpdatedMar 24, 2026
DataAggregated Company Financials
Companies3
  • 7D-10.0%
  • 3M7.4%
  • 1Y24.9%
  • YTDn/a

Over the last 7 days, the Multi-Utilities industry has dropped 9.2%, driven by pullbacks from every company within the industry. This takes the industry's 12 month performance to a gain of 26%. 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
Tue, 24 Mar 2026UK£70.1bUK£38.9bUK£2.9b18.1x24.5x1.8x
Thu, 19 Feb 2026UK£77.0bUK£38.9bUK£2.7b19.9x28.6x2x
Sat, 17 Jan 2026UK£69.0bUK£38.9bUK£2.7b18.6x25.6x1.8x
Mon, 15 Dec 2025UK£64.2bUK£38.9bUK£2.7b18.2x23.8x1.7x
Wed, 12 Nov 2025UK£67.0bUK£38.8bUK£2.7b19x24.8x1.7x
Fri, 10 Oct 2025UK£63.9bUK£39.7bUK£2.7b19.3x24x1.6x
Sun, 07 Sep 2025UK£60.0bUK£39.7bUK£2.7b18.8x22.6x1.5x
Tue, 05 Aug 2025UK£63.3bUK£39.7bUK£2.7b19.3x23.8x1.6x
Thu, 03 Jul 2025UK£59.7bUK£40.1bUK£4.2b17.9x14.1x1.5x
Sat, 31 May 2025UK£60.6bUK£40.1bUK£4.2b18.1x14.3x1.5x
Mon, 28 Apr 2025UK£61.7bUK£41.1bUK£3.1b19.3x19.7x1.5x
Wed, 26 Mar 2025UK£55.9bUK£41.1bUK£3.1b18.2x17.9x1.4x
Fri, 21 Feb 2025UK£55.1bUK£41.7bUK£2.9b17.7x19x1.3x
Sun, 19 Jan 2025UK£55.3bUK£41.7bUK£2.9b17.9x19.1x1.3x
Tue, 17 Dec 2024UK£53.5bUK£41.7bUK£2.9b18x18.4x1.3x
Thu, 14 Nov 2024UK£54.3bUK£41.8bUK£2.9b19x18.7x1.3x
Sat, 12 Oct 2024UK£56.4bUK£42.4bUK£3.4b20x16.6x1.3x
Mon, 09 Sep 2024UK£57.5bUK£42.4bUK£3.4b20.1x17x1.4x
Wed, 07 Aug 2024UK£55.0bUK£42.4bUK£3.4b19.3x16.2x1.3x
Fri, 05 Jul 2024UK£53.1bUK£48.3bUK£6.2b20x8.5x1.1x
Sun, 02 Jun 2024UK£41.8bUK£49.1bUK£6.2b14.8x6.7x0.9x
Tue, 30 Apr 2024UK£47.5bUK£50.0bUK£6.6b15.3x7.2x1x
Thu, 28 Mar 2024UK£47.6bUK£50.0bUK£6.6b15.4x7.3x1x
Sat, 24 Feb 2024UK£46.4bUK£50.0bUK£6.6b15x7.1x0.9x
Mon, 22 Jan 2024UK£46.9bUK£53.4bUK£6.9b14.9x6.8x0.9x
Wed, 20 Dec 2023UK£47.7bUK£53.4bUK£6.9b15.2x7x0.9x
Fri, 17 Nov 2023UK£45.8bUK£53.1bUK£6.9b14.6x6.7x0.9x
Sun, 15 Oct 2023UK£45.8bUK£54.1bUK£7.0b13.3x6.5x0.8x
Tue, 12 Sep 2023UK£46.9bUK£54.1bUK£7.0b13.5x6.7x0.9x
Thu, 10 Aug 2023UK£45.0bUK£54.1bUK£7.0b13.3x6.4x0.8x
Sat, 08 Jul 2023UK£44.8bUK£47.9bUK£2.0b16.3x22.4x0.9x
Mon, 05 Jun 2023UK£46.7bUK£46.6bUK£2.0b20.5x23.6x1x
Wed, 03 May 2023UK£49.7bUK£45.9bUK£2.2b22.7x22.6x1.1x
Fri, 31 Mar 2023UK£47.4bUK£45.9bUK£2.2b23.8x21.6x1x
Price to Earnings Ratio

21.6x


Total Market Cap: UK£47.4bTotal 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-4.09%
Utilities-8.97%
Other Utilities-10.01%
Multi-Utilities-10.01%
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£1.97
Centrica
7D
-5.6%
1Y
33.2%

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£12.66
Telecom Plus
7D
-5.9%
1Y
-27.1%

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£12.11
National Grid
7D
-10.7%
1Y
25.2%

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.