UNITED UTILITIES GROUP PLC |
Market Closed -
Other stock markets
|
5-day change | 1st Jan Change | ||
| 1,016 GBX | +1.25% |
|
+0.84% | -4.11% |
| May. 31 | FTSE 100 rounds off decent May with gain | AN |
| May. 24 | FTSE 100 stumbles as rain dampens retail sales | AN |
Valuation
| Fiscal Period: March | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Capitalization 1 | 5,553 | 6,156 | 6,313 | 7,668 | 7,228 | 6,928 | - | - |
| Enterprise Value (EV) 1 | 13,030 | 13,991 | 14,021 | 15,238 | 15,429 | 7,017 | 16,067 | 16,744 |
| P/E ratio | 15.3 x | 57.9 x | 14 x | -135 x | 35.3 x | 55.3 x | 23.7 x | 15.7 x |
| Yield | 5.07% | 4.72% | 4.67% | 3.87% | 4.29% | 4.86% | 5.08% | 5.07% |
| Capitalization / Revenue | 3.05 x | 3.31 x | 3.49 x | 4.12 x | 3.96 x | 3.6 x | 3.28 x | 2.9 x |
| EV / Revenue | 7.17 x | 7.52 x | 7.75 x | 8.18 x | 8.46 x | 3.6 x | 7.6 x | 7 x |
| EV / EBITDA | 12.1 x | 12.2 x | 13.7 x | 14.8 x | 17.8 x | 7.64 x | 14.4 x | 12.3 x |
| EV / FCF | 76.6 x | 107 x | 56.3 x | 46.8 x | 138 x | 205 x | 150 x | -62.6 x |
| FCF Yield | 1.31% | 0.93% | 1.78% | 2.14% | 0.72% | 0.49% | 0.67% | -1.6% |
| Price to Book | 1.79 x | 2.08 x | 2.08 x | 2.59 x | 2.88 x | 2.94 x | 3.45 x | 3.08 x |
| Nbr of stocks (in thousands) | 681,888 | 681,888 | 681,888 | 681,888 | 681,888 | 681,888 | - | - |
| Reference price 2 | 8.144 | 9.028 | 9.258 | 11.24 | 10.60 | 10.16 | 10.16 | 10.16 |
| Announcement Date | 5/23/19 | 5/22/20 | 5/27/21 | 5/26/22 | 5/25/23 | 5/16/24 | - | - |
1GBP in Million2GBP
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: March | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 1,818 | 1,859 | 1,808 | 1,863 | 1,824 | 1,950 | 2,115 | 2,391 |
| EBITDA 1 | 1,078 | 1,144 | 1,024 | 1,028 | 864.4 | 919 | 1,112 | 1,358 |
| EBIT 1 | 684.8 | 743.9 | 602.1 | 610 | 440.8 | 480.2 | 641.3 | 850.4 |
| Operating Margin | 37.66% | 40.01% | 33.3% | 32.75% | 24.16% | 24.63% | 30.32% | 35.56% |
| Earnings before Tax (EBT) 1 | 436.2 | 303.2 | 551 | 439.9 | 256.3 | 170 | 348.2 | 507.5 |
| Net income 1 | 363.4 | 106.8 | 453.4 | -56.8 | 204.9 | 126.9 | 288.7 | 436 |
| Net margin | 19.98% | 5.74% | 25.08% | -3.05% | 11.23% | 6.51% | 13.65% | 18.23% |
| EPS 2 | 0.5320 | 0.1560 | 0.6630 | -0.0830 | 0.3000 | 0.1860 | 0.4284 | 0.6464 |
| Free Cash Flow 1 | 170.1 | 130.3 | 249 | 325.4 | 111.6 | 76 | 107 | -267.3 |
| FCF margin | 9.35% | 7.01% | 13.77% | 17.47% | 6.12% | 3.84% | 5.06% | -11.18% |
| FCF Conversion (EBITDA) | 15.78% | 11.39% | 24.31% | 31.65% | 12.91% | 7.93% | 9.62% | - |
| FCF Conversion (Net income) | 46.81% | 122% | 54.92% | - | 54.47% | 43.92% | 37.06% | - |
| Dividend per Share 2 | 0.4128 | 0.4260 | 0.4324 | 0.4350 | 0.4551 | 0.4939 | 0.5164 | 0.5151 |
| Announcement Date | 5/23/19 | 5/22/20 | 5/27/21 | 5/26/22 | 5/25/23 | 5/16/24 | - | - |
1GBP in Million2GBP
Estimates
Income Statement Evolution (Quarterly data)
| Fiscal Period: March | 2020 S1 | 2020 S2 | 2021 S1 | 2021 S2 | 2022 S1 | 2022 S2 | 2023 S1 | 2023 S2 | 2024 S1 | 2024 S2 |
|---|---|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 935.5 | 923.8 | 894.4 | 913.6 | 932.3 | 930.4 | 919.3 | 905.1 | 982 | 967.5 |
| EBITDA | 591 | - | - | - | 540.4 | 487.8 | 465.3 | - | 484.5 | - |
| EBIT | 391.7 | - | 319.1 | - | 332.8 | 277.2 | 258.5 | - | 271.1 | - |
| Operating Margin | 41.87% | - | 35.68% | - | 35.7% | 29.79% | 28.12% | - | 27.61% | - |
| Earnings before Tax (EBT) | - | - | - | - | - | 227.2 | 426.3 | - | - | - |
| Net income | 158.6 | - | - | - | -216.2 | 159.4 | 353 | - | - | - |
| Net margin | 16.95% | - | - | - | -23.19% | 17.13% | 38.4% | - | - | - |
| EPS | 0.2320 | - | - | - | -0.3170 | - | 0.5180 | - | - | - |
| Dividend per Share | 0.1420 | - | 0.1441 | - | 0.1450 | - | 0.1517 | - | 0.1659 | - |
| Announcement Date | 11/20/19 | 5/22/20 | 11/25/20 | 5/27/21 | 11/24/21 | 5/26/22 | 11/23/22 | 5/25/23 | 11/16/23 | 5/16/24 |
1GBP in Million
Estimates
Balance Sheet Analysis
| Fiscal Period: March | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net Debt 1 | 7,477 | 7,835 | 7,708 | 7,570 | 8,201 | 8,617 | 9,139 | 9,816 |
| Net Cash position 1 | - | - | - | - | - | - | - | - |
| Leverage (Debt/EBITDA) | 6.936 x | 6.848 x | 7.524 x | 7.362 x | 9.488 x | 8.991 x | 8.216 x | 7.227 x |
| Free Cash Flow 1 | 170 | 130 | 249 | 325 | 112 | 76 | 107 | -267 |
| ROE (net income / shareholders' equity) | 12.5% | 14.1% | 12.8% | 12.3% | -0.32% | 7.97% | 17.4% | 25.5% |
| ROA (Net income/ Total Assets) | 2.89% | 3.16% | 2.71% | 2.57% | 1.41% | 1.72% | 2.1% | 2.66% |
| Assets 1 | 12,566 | 3,385 | 16,705 | -2,214 | 14,482 | 10,037 | 13,749 | 16,381 |
| Book Value Per Share 2 | 4.560 | 4.340 | 4.440 | 4.340 | 3.680 | 3.450 | 2.940 | 3.300 |
| Cash Flow per Share 2 | 1.220 | 1.190 | 1.260 | 1.370 | 1.150 | 0.9900 | 1.440 | 1.510 |
| Capex 1 | 662 | 680 | 610 | 609 | 676 | 788 | 898 | 1,510 |
| Capex / Sales | 36.41% | 36.57% | 33.76% | 32.69% | 37.05% | 39.78% | 42.44% | 63.16% |
| Announcement Date | 5/23/19 | 5/22/20 | 5/27/21 | 5/26/22 | 5/25/23 | 5/16/24 | - | - |
1GBP in Million2GBP
Estimates
EPS & Dividend
Year-on-year evolution of the PER
Year-on-year evolution of the Yield
Change in Enterprise Value/EBITDA
Trading Rating
Investor Rating
ESG Refinitiv
B+
Sell
Buy
Mean consensus
HOLD
Number of Analysts
13
Last Close Price
10.16
GBP
Average target price
11.36
GBP
Spread / Average Target
+11.85%
EPS Revisions
| 1st Jan change | Capi. | |
|---|---|---|
| -4.11% | 8.82B | |
| +1.02% | 10.32B | |
| -2.00% | 9.63B | |
| -7.48% | 9.08B | |
| +29.88% | 3.03B | |
| +8.92% | 2.97B | |
| -3.82% | 2.88B | |
| -8.49% | 2.74B | |
| +23.74% | 1.92B | |
| -4.43% | 1.77B |
- Stock Market
- Equities
- UU. Stock
- Financials United Utilities Group PLC
