Narrative Update • Jun 16

In the last week, Multi-Utilities has been flat. As for the longer term, the industry has declined 3.7% in the last year. Looking forward, earnings are forecast to grow by 1.7% annually.
Has the Italian Multi-Utilities Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Thu, 18 Jun 2026 | €20.9b | €35.8b | €1.8b | 11.9x | 11.3x | 0.6x |
| Sat, 16 May 2026 | €20.9b | €35.4b | €1.9b | 11.5x | 10.9x | 0.6x |
| Mon, 13 Apr 2026 | €22.5b | €36.3b | €1.9b | 11.8x | 11.7x | 0.6x |
| Wed, 11 Mar 2026 | €22.0b | €38.5b | €1.9b | 11.7x | 11.4x | 0.6x |
| Fri, 06 Feb 2026 | €22.7b | €38.5b | €1.9b | 12.1x | 11.8x | 0.6x |
| Sun, 04 Jan 2026 | €21.2b | €38.5b | €1.9b | 11.5x | 11x | 0.6x |
| Tue, 02 Dec 2025 | €21.6b | €38.3b | €2.0b | 11.6x | 10.7x | 0.6x |
| Thu, 30 Oct 2025 | €21.7b | €38.5b | €2.0b | 11.5x | 10.9x | 0.6x |
| Sat, 27 Sep 2025 | €19.8b | €38.5b | €2.0b | 10.9x | 9.9x | 0.5x |
| Mon, 25 Aug 2025 | €20.0b | €38.5b | €2.0b | 10.9x | 10x | 0.5x |
| Wed, 23 Jul 2025 | €20.0b | €37.9b | €2.0b | 11.5x | 10.2x | 0.5x |
| Fri, 20 Jun 2025 | €21.0b | €37.9b | €2.0b | 12x | 10.7x | 0.6x |
| Sun, 18 May 2025 | €20.7b | €37.4b | €1.9b | 11.7x | 10.6x | 0.6x |
| Tue, 15 Apr 2025 | €18.9b | €35.9b | €2.0b | 11.1x | 9.6x | 0.5x |
| Thu, 13 Mar 2025 | €18.8b | €35.6b | €2.0b | 10x | 9.4x | 0.5x |
| Sat, 08 Feb 2025 | €18.6b | €35.6b | €2.0b | 10.1x | 9.3x | 0.5x |
| Mon, 06 Jan 2025 | €18.2b | €35.6b | €2.0b | 9.9x | 9.1x | 0.5x |
| Wed, 04 Dec 2024 | €18.1b | €35.6b | €2.0b | 9.8x | 9x | 0.5x |
| Fri, 01 Nov 2024 | €18.3b | €35.5b | €1.9b | 10.9x | 9.9x | 0.5x |
| Sun, 29 Sep 2024 | €18.0b | €35.5b | €1.9b | 10.8x | 9.7x | 0.5x |
| Tue, 27 Aug 2024 | €17.3b | €35.5b | €1.9b | 10.3x | 9.3x | 0.5x |
| Thu, 25 Jul 2024 | €17.0b | €36.3b | €1.7b | 10.7x | 9.9x | 0.5x |
| Sat, 22 Jun 2024 | €16.7b | €36.4b | €1.7b | 10.9x | 9.8x | 0.5x |
| Mon, 20 May 2024 | €17.3b | €38.1b | €1.6b | 10.8x | 10.8x | 0.5x |
| Wed, 17 Apr 2024 | €15.5b | €41.1b | €1.6b | 9.6x | 9.4x | 0.4x |
| Fri, 15 Mar 2024 | €15.7b | €45.9b | €1.4b | 10.9x | 11.4x | 0.3x |
| Sun, 11 Feb 2024 | €14.8b | €45.9b | €1.3b | 11.1x | 11.2x | 0.3x |
| Tue, 09 Jan 2024 | €15.7b | €45.9b | €1.3b | 11.1x | 12x | 0.3x |
| Thu, 07 Dec 2023 | €15.7b | €45.9b | €1.3b | 11x | 12x | 0.3x |
| Sat, 04 Nov 2023 | €14.6b | €53.5b | €1.2b | 10.7x | 12x | 0.3x |
| Mon, 02 Oct 2023 | €13.6b | €53.5b | €1.2b | 9.9x | 11.2x | 0.3x |
| Wed, 30 Aug 2023 | €14.3b | €53.5b | €1.2b | 10.4x | 11.8x | 0.3x |
| Fri, 28 Jul 2023 | €14.1b | €56.2b | €1.3b | 10.4x | 10.8x | 0.3x |
| Sun, 25 Jun 2023 | €14.0b | €56.3b | €1.3b | 10.4x | 10.6x | 0.2x |
10.6x
How does Italian Multi-Utilities compare with similar industries?
| IT Market | 4.56% | |
| Utilities | 1.55% | |
| Other Utilities | 0.094% | |
| Multi-Utilities | 0.094% | |