Unitil Valuation

Is UTL undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

0/6

Valuation Score 0/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of UTL when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Discounted Cash Flow
Simply Wall St
US$51.96
Fair Value
9.1% overvalued intrinsic discount
2
Number of Analysts

Below Fair Value: UTL ($56.7) is trading above our estimate of fair value ($51.96)

Significantly Below Fair Value: UTL is trading above our estimate of fair value.


Key Valuation Metric

Which metric is best to use when looking at relative valuation for UTL?

Key metric: As UTL is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for UTL. This is calculated by dividing UTL's market cap by their current earnings.
What is UTL's PE Ratio?
PE Ratio19.6x
EarningsUS$47.10m
Market CapUS$916.74m

Price to Earnings Ratio vs Peers

How does UTL's PE Ratio compare to its peers?

The above table shows the PE ratio for UTL vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average17.6x
NWE NorthWestern Energy Group
14.6x4.0%US$3.3b
AVA Avista
15.1x6.3%US$3.0b
BKH Black Hills
15.4x8.0%US$4.2b
NI NiSource
25.5x11.5%US$18.8b
UTL Unitil
19.6xn/aUS$916.7m

Price-To-Earnings vs Peers: UTL is expensive based on its Price-To-Earnings Ratio (19.6x) compared to the peer average (17.6x).


Price to Earnings Ratio vs Industry

How does UTL's PE Ratio compare vs other companies in the Global Integrated Utilities Industry?

1 CompanyPrice / EarningsEstimated GrowthMarket Cap
UTL 19.6xIndustry Avg. 18.1xNo. of Companies8PE0816243240+
1 CompanyEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: UTL is expensive based on its Price-To-Earnings Ratio (19.6x) compared to the Global Integrated Utilities industry average (18.2x).


Price to Earnings Ratio vs Fair Ratio

What is UTL's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

UTL PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio19.6x
Fair PE Ration/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate UTL's Price-To-Earnings Fair Ratio for valuation analysis.


Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst UTL forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentUS$56.70
US$59.00
+4.1%
6.8%US$63.00US$55.00n/a2
Feb ’26US$53.57
US$58.50
+9.2%
6.0%US$62.00US$55.00n/a2
Jan ’26US$54.19
US$58.00
+7.0%
6.5%US$62.00US$53.00n/a3
Dec ’25US$60.02
US$58.00
-3.4%
6.5%US$62.00US$53.00n/a3
Nov ’25US$56.32
US$58.00
+3.0%
6.5%US$62.00US$53.00n/a3
Oct ’25US$60.02
US$58.00
-3.4%
6.5%US$62.00US$53.00n/a3
Sep ’25US$60.30
US$58.00
-3.8%
6.5%US$62.00US$53.00n/a3
Aug ’25US$62.05
US$53.33
-14.0%
6.4%US$58.00US$50.00n/a3
Jul ’25US$52.04
US$53.33
+2.5%
6.4%US$58.00US$50.00n/a3
Jun ’25US$53.49
US$53.33
-0.3%
6.4%US$58.00US$50.00n/a3
May ’25US$52.75
US$53.33
+1.1%
6.4%US$58.00US$50.00n/a3
Apr ’25US$51.71
US$53.33
+3.1%
6.4%US$58.00US$50.00n/a3
Mar ’25US$51.72
US$53.33
+3.1%
6.4%US$58.00US$50.00n/a3
Feb ’25US$49.78
US$53.33
+7.1%
6.4%US$58.00US$50.00US$53.573
Jan ’25US$52.57
US$51.67
-1.7%
10.3%US$58.00US$45.00US$54.193
Dec ’24US$49.34
US$51.67
+4.7%
10.3%US$58.00US$45.00US$60.023
Nov ’24US$45.79
US$54.50
+19.0%
6.4%US$58.00US$51.00US$56.322
Oct ’24US$42.71
US$54.50
+27.6%
6.4%US$58.00US$51.00US$60.022
Sep ’24US$49.00
US$54.00
+10.2%
8.0%US$58.00US$48.00US$60.303
Aug ’24US$50.37
US$56.00
+11.2%
11.7%US$64.00US$48.00US$62.053
Jul ’24US$50.71
US$56.00
+10.4%
11.7%US$64.00US$48.00US$52.043
Jun ’24US$51.97
US$56.00
+7.8%
11.7%US$64.00US$48.00US$53.493
May ’24US$55.89
US$56.00
+0.2%
11.7%US$64.00US$48.00US$52.753
Apr ’24US$57.04
US$56.00
-1.8%
11.7%US$64.00US$48.00US$51.713
Mar ’24US$53.29
US$56.00
+5.1%
11.7%US$64.00US$48.00US$51.723
Feb ’24US$52.33
US$55.67
+6.4%
11.8%US$64.00US$48.00US$49.783
Analyst Price Target
Consensus Narrative from 2 Analysts
US$59.00
Fair Value
3.9% undervalued intrinsic discount
2
Number of Analysts

Analyst Forecast: Target price is less than 20% higher than the current share price.


Discover undervalued companies

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/02/20 09:52
End of Day Share Price 2025/02/20 00:00
Earnings2024/12/31
Annual Earnings2024/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Unitil Corporation is covered by 8 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
David ParkerBaird
Julien Dumoulin-SmithBofA Global Research
Michael GauglerBrean Capital