Pennon Group Plc's (LON:PNN) Intrinsic Value Is Potentially 59% Above Its Share Price
Mar 21
U.K. (FTSE) Water Industry Analysis
UpdatedApr 19, 2024
DataAggregated Company Financials
Companies3
- 7D2.6%
- 3M-2.1%
- 1Y-13.4%
- YTDn/a
Over the last 7 days, the Water industry has dropped 1.1%, driven by declines from every company within the industry. The industry has fallen 14% in the last year. Earnings are forecast to grow by 32% annually.
Industry Valuation and Performance
Has the U.K. Water Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sat, 20 Apr 2024 | UK£16.0b | UK£5.0b | UK£56.9m | 68.9x | 281.8x | 3.2x |
| Mon, 18 Mar 2024 | UK£16.9b | UK£5.0b | UK£56.9m | 73.3x | 296.7x | 3.4x |
| Wed, 14 Feb 2024 | UK£16.4b | UK£5.0b | UK£56.9m | 71.1x | 287.4x | 3.3x |
| Fri, 12 Jan 2024 | UK£16.7b | UK£5.0b | UK£56.9m | 72.4x | 294x | 3.4x |
| Sun, 10 Dec 2023 | UK£17.6b | UK£5.0b | UK£56.9m | 77.3x | 309.5x | 3.5x |
| Tue, 07 Nov 2023 | UK£17.1b | UK£4.8b | UK£337.2m | 60x | 50.8x | 3.6x |
| Thu, 05 Oct 2023 | UK£14.0b | UK£4.8b | UK£337.2m | 43.4x | 41.5x | 2.9x |
| Sat, 02 Sep 2023 | UK£14.0b | UK£4.8b | UK£337.2m | 45.5x | 41.6x | 2.9x |
| Mon, 31 Jul 2023 | UK£15.1b | UK£4.8b | UK£337.2m | 48.6x | 44.7x | 3.1x |
| Wed, 28 Jun 2023 | UK£15.4b | UK£4.8b | UK£337.2m | 51.2x | 45.7x | 3.2x |
| Fri, 26 May 2023 | UK£15.9b | UK£4.7b | UK£740.0m | 36.7x | 21.5x | 3.4x |
| Sun, 23 Apr 2023 | UK£17.0b | UK£4.7b | UK£740.0m | 40.3x | 22.9x | 3.6x |
| Tue, 21 Mar 2023 | UK£16.6b | UK£4.7b | UK£740.0m | 40.7x | 22.5x | 3.5x |
| Thu, 16 Feb 2023 | UK£16.5b | UK£4.7b | UK£740.0m | 41x | 22.3x | 3.5x |
| Sat, 14 Jan 2023 | UK£16.5b | UK£4.7b | UK£740.0m | 40.5x | 22.2x | 3.5x |
| Mon, 12 Dec 2022 | UK£16.4b | UK£4.7b | UK£740.0m | 40.2x | 22.2x | 3.5x |
| Wed, 09 Nov 2022 | UK£15.2b | UK£4.6b | -UK£128,600,000.00 | 147.9x | -118.4x | 3.3x |
| Fri, 07 Oct 2022 | UK£13.8b | UK£4.6b | -UK£128,600,000.00 | 131.9x | -107.3x | 3x |
| Sun, 04 Sep 2022 | UK£16.8b | UK£4.6b | -UK£128,600,000.00 | 160.3x | -130.3x | 3.6x |
| Tue, 02 Aug 2022 | UK£17.5b | UK£4.6b | -UK£128,600,000.00 | 170.1x | -136.2x | 3.8x |
| Thu, 30 Jun 2022 | UK£16.8b | UK£4.6b | -UK£128,600,000.00 | 169.5x | -130.4x | 3.6x |
| Sat, 28 May 2022 | UK£17.2b | UK£4.5b | -UK£109,400,000.00 | 77.4x | -156.8x | 3.8x |
| Mon, 25 Apr 2022 | UK£18.1b | UK£4.5b | UK£40.3m | 91.9x | 450.1x | 4.1x |
| Wed, 23 Mar 2022 | UK£17.6b | UK£4.5b | UK£40.3m | 89.6x | 435.6x | 3.9x |
| Fri, 18 Feb 2022 | UK£17.1b | UK£4.5b | UK£40.3m | 88.2x | 423.1x | 3.8x |
| Sun, 16 Jan 2022 | UK£17.5b | UK£4.5b | UK£40.3m | 91.6x | 434.1x | 3.9x |
| Tue, 14 Dec 2021 | UK£18.3b | UK£4.5b | UK£40.3m | 98.4x | 454.5x | 4.1x |
| Thu, 11 Nov 2021 | UK£17.5b | UK£4.3b | UK£773.1m | 30.4x | 22.6x | 4.1x |
| Sat, 09 Oct 2021 | UK£16.3b | UK£4.3b | UK£773.1m | 29x | 21.1x | 3.8x |
| Mon, 06 Sep 2021 | UK£17.8b | UK£4.3b | UK£773.1m | 32.6x | 23x | 4.2x |
| Wed, 04 Aug 2021 | UK£18.0b | UK£4.3b | UK£773.1m | 33.3x | 23.3x | 4.2x |
| Sat, 08 May 2021 | UK£16.9b | UK£4.3b | UK£773.1m | 27.9x | 21.8x | 4x |
Price to Earnings Ratio
21.8x
Current Industry PE
- There are only 3 companies in the British Water 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 Water Utilities industry have declined 58% per year over the last three years.
- Meanwhile revenues for these companies have grown 5.3% per year.
- This means that although more sales are being generated, either the cost of doing business or the level of investment back into businesses has increased, which has decreased profits.
Industry Comparison
How does U.K. Water compare with similar industries?
| GB Market | -0.72% | |
| Utilities | 1.73% | |
| Water Utilities | 2.63% | |
| Water | 2.63% | |
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?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| SVT Severn Trent | UK£24.54 | 2.4% +UK£173.5m | -15.9% | PE69.9x | |
| UU. United Utilities Group | UK£10.34 | 1.9% +UK£133.0m | -4.5% | PS3.7x | |
| PNN Pennon Group | UK£6.61 | 2.2% +UK£40.0m | -23.6% | PS2.3x |