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Jamaican (JSE) Utilities Sector Analysis

UpdatedApr 21, 2026
DataAggregated Company Financials
Companies3
  • 7D1.9%
  • 3M-4.3%
  • 1Y-9.7%
  • YTD-7.4%

Over the last 7 days, the Utilities industry has dropped 2.3%, driven by Wigton Energy declining 4.8%. On the other hand Innovative Energy Group is actually up 15%. Overall the industry is down 9.7% in 12 months.

Sector Valuation and Performance

Has the Jamaican Utilities Sector valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Tue, 21 Apr 2026JA$14.5bJA$2.6bJA$249.2m53.3x58.2x5.7x
Thu, 19 Mar 2026JA$14.5bJA$2.6bJA$363.5m34.9x39.9x5.5x
Sat, 14 Feb 2026JA$14.7bJA$2.8bJA$494.4m23.6x29.7x5.2x
Mon, 12 Jan 2026JA$15.0bJA$2.8bJA$494.8m24.2x30.4x5.4x
Wed, 10 Dec 2025JA$15.1bJA$2.8bJA$494.8m24.3x30.5x5.4x
Fri, 07 Nov 2025JA$13.9bJA$2.7bJA$543.5m18.9x25.6x5.2x
Sun, 05 Oct 2025JA$14.0bJA$2.3bJA$472.6m21.2x29.6x6.1x
Tue, 02 Sep 2025JA$14.8bJA$2.3bJA$472.6m21.9x31.3x6.5x
Thu, 31 Jul 2025JA$13.8bJA$2.1bJA$379.3m25.9x36.5x6.6x
Sat, 28 Jun 2025JA$13.8bJA$1.9bJA$302.9m45.4x45.4x7.4x
Mon, 26 May 2025JA$13.4bJA$1.9bJA$576.9m23.3x23.3x6.9x
Wed, 23 Apr 2025JA$13.8bJA$1.9bJA$576.9m23.8x23.8x7.1x
Fri, 21 Mar 2025JA$13.8bJA$1.9bJA$576.9m23.8x23.8x7.1x
Sun, 16 Feb 2025JA$15.2bJA$2.0bJA$624.6m30x24.3x7.5x
Tue, 14 Jan 2025JA$16.6bJA$92.4mJA$47.7m39.5x348.3x180x
Thu, 12 Dec 2024JA$16.0bJA$2.1bJA$692.3m31.8x23.1x7.6x
Sat, 09 Nov 2024JA$13.9bJA$2.3bJA$938.6m12.5x14.8x6x
Mon, 07 Oct 2024JA$13.7bJA$2.5bJA$1.2b8.8x11.3x5.5x
Wed, 04 Sep 2024JA$13.9bJA$2.5bJA$1.2b9.8x11.4x5.5x
Fri, 02 Aug 2024JA$13.3bJA$2.5bJA$1.2b9.9x10.9x5.3x
Sun, 30 Jun 2024JA$14.5bJA$2.4bJA$1.1b10.8x12.8x6.1x
Tue, 28 May 2024JA$12.9bJA$2.3bJA$585.1m21.9x22.1x5.7x
Thu, 25 Apr 2024JA$14.1bJA$2.2bJA$542.6m24.4x25.9x6.3x
Sat, 23 Mar 2024JA$14.3bJA$2.2bJA$534.8m25x26.7x6.4x
Mon, 19 Feb 2024JA$12.3bJA$2.2bJA$541.3m21.5x22.7x5.5x
Wed, 17 Jan 2024JA$9.2bJA$1.9bJA$422.5m20.8x21.9x4.8x
Fri, 15 Dec 2023JA$7.8bJA$1.9bJA$422.5m18.7x18.5x4.1x
Sun, 12 Nov 2023JA$7.7bJA$1.9bJA$127.5m60.4x60.4x4x
Tue, 10 Oct 2023JA$7.9bJA$1.9bJA$127.5m62.1x62.1x4.1x
Thu, 07 Sep 2023JA$7.8bJA$1.9bJA$127.5m61.2x61.2x4.1x
Sat, 05 Aug 2023JA$8.8bJA$2.2bJA$308.6m28.2x28.5x4x
Mon, 03 Jul 2023JA$9.7bJA$2.2bJA$698.4m13.9x13.9x4.3x
Wed, 31 May 2023JA$8.7bJA$2.2bJA$698.4m12.4x12.4x3.9x
Fri, 28 Apr 2023JA$9.0bJA$2.2bJA$698.4m12.9x12.9x4x
Price to Earnings Ratio

12.9x


Total Market Cap: JA$9.0bTotal Earnings: JA$698.4mTotal Revenue: JA$2.2bTotal Market Cap vs Earnings and Revenue0%0%0%
Jamaican Utilities Sector Price to Earnings3Y Average 27.7x202420252026
Current Industry PE
    There are only 3 companies in the Jamaican 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 Utilities industry have declined 29% per year over the last three years.
  • Meanwhile revenues for these companies have grown 4.5% 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 Trends

Which industries have driven the changes within the Jamaican Utilities sector?

JM Market1.37%
Utilities1.91%
Renewable Energy1.91%
Industry PE
  • Investors are most optimistic about the Renewable Energy industry which is trading above its 3-year average PE ratio of 27.7x.
    • It looks like they are confident that earnings will grow faster in the future than they have historically.
  • Investors are most pessimistic about the Renewable Energy industry, although it looks like investor sentiment has improved given that it's trading above its 3-year average of 27.7x.
Forecasted GrowthThere is insufficient data on the sub-industries of this industry.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuation
ENERGY Innovative Energy GroupJA$1.1515.0%
+JA$197.4m
-8.7%PE46.6x
MPCCEL MPC Caribbean Clean EnergyJA$35.4010.6%
+JA$91.3m
-43.8%PB0.3x

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