UNITED UTILITIES GROUP PLC |
Market Closed -
Other stock markets
|
5-day change | 1st Jan Change | ||
| 1,038 GBX | +0.83% |
|
+0.44% | -1.98% |
| Apr. 17 | BofA cuts Ashmore; JPMorgan lifts Fresnillo | AN |
| Apr. 16 | United Utilities Group PLC Announces Board Changes | CI |
Valuation
| Fiscal Period: März | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Capitalization 1 | 5,553 | 6,156 | 6,313 | 7,668 | 7,228 | 7,081 | - | - |
| Enterprise Value (EV) 1 | 13,030 | 13,991 | 14,021 | 15,238 | 15,429 | 15,687 | 16,037 | 16,798 |
| P/E ratio | 15.3 x | 57.9 x | 14 x | -135 x | 35.3 x | 42.7 x | 22.5 x | 16.4 x |
| Yield | 5.07% | 4.72% | 4.67% | 3.87% | 4.29% | 4.76% | 4.94% | 5.03% |
| Capitalization / Revenue | 3.05 x | 3.31 x | 3.49 x | 4.12 x | 3.96 x | 3.57 x | 3.4 x | 2.99 x |
| EV / Revenue | 7.17 x | 7.52 x | 7.75 x | 8.18 x | 8.46 x | 7.92 x | 7.69 x | 7.08 x |
| EV / EBITDA | 12.1 x | 12.2 x | 13.7 x | 14.8 x | 17.8 x | 16.4 x | 14.5 x | 12.6 x |
| EV / FCF | 76.6 x | 107 x | 56.3 x | 46.8 x | 138 x | 143 x | 107 x | -81 x |
| FCF Yield | 1.31% | 0.93% | 1.78% | 2.14% | 0.72% | 0.7% | 0.94% | -1.23% |
| Price to Book | 1.79 x | 2.08 x | 2.08 x | 2.59 x | 2.88 x | 3.01 x | 3.05 x | 2.91 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 | 10.38 | 10.38 | 10.38 |
| Announcement Date | 5/23/19 | 5/22/20 | 5/27/21 | 5/26/22 | 5/25/23 | - | - | - |
1GBP in Million2GBP
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: Marzo | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 1,818 | 1,859 | 1,808 | 1,863 | 1,824 | 1,981 | 2,086 | 2,372 |
| EBITDA 1 | 1,078 | 1,144 | 1,024 | 1,028 | 864.4 | 958.4 | 1,104 | 1,329 |
| EBIT 1 | 684.8 | 743.9 | 602.1 | 610 | 440.8 | 519.7 | 634.7 | 832.1 |
| Operating Margin | 37.66% | 40.01% | 33.3% | 32.75% | 24.16% | 26.23% | 30.43% | 35.09% |
| Earnings before Tax (EBT) 1 | 436.2 | 303.2 | 551 | 439.9 | 256.3 | 195.4 | 362.4 | 502.2 |
| Net income 1 | 363.4 | 106.8 | 453.4 | -56.8 | 204.9 | 174.2 | 316.8 | 426.1 |
| Net margin | 19.98% | 5.74% | 25.08% | -3.05% | 11.23% | 8.79% | 15.19% | 17.97% |
| EPS 2 | 0.5320 | 0.1560 | 0.6630 | -0.0830 | 0.3000 | 0.2434 | 0.4623 | 0.6343 |
| Free Cash Flow 1 | 170.1 | 130.3 | 249 | 325.4 | 111.6 | 109.3 | 150 | -207.3 |
| FCF margin | 9.35% | 7.01% | 13.77% | 17.47% | 6.12% | 5.52% | 7.19% | -8.74% |
| FCF Conversion (EBITDA) | 15.78% | 11.39% | 24.31% | 31.65% | 12.91% | 11.41% | 13.59% | - |
| FCF Conversion (Net income) | 46.81% | 122% | 54.92% | - | 54.47% | 62.78% | 47.35% | - |
| Dividend per Share 2 | 0.4128 | 0.4260 | 0.4324 | 0.4350 | 0.4551 | 0.4939 | 0.5134 | 0.5222 |
| Announcement Date | 5/23/19 | 5/22/20 | 5/27/21 | 5/26/22 | 5/25/23 | - | - | - |
1GBP in Million2GBP
Estimates
Income Statement Evolution (Quarterly data)
| Fiscal Period: März | 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 | 981.8 |
| 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 | - |
1GBP in Million
Estimates
Balance Sheet Analysis
| Fiscal Period: März | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net Debt 1 | 7,477 | 7,835 | 7,708 | 7,570 | 8,201 | 8,606 | 8,956 | 9,717 |
| Net Cash position 1 | - | - | - | - | - | - | - | - |
| Leverage (Debt/EBITDA) | 6.936 x | 6.848 x | 7.524 x | 7.362 x | 9.488 x | 8.98 x | 8.111 x | 7.314 x |
| Free Cash Flow 1 | 170 | 130 | 249 | 325 | 112 | 109 | 150 | -207 |
| ROE (net income / shareholders' equity) | 12.5% | 14.1% | 12.8% | 12.3% | -0.32% | 7.96% | 15.7% | 23.4% |
| ROA (Net income/ Total Assets) | 2.89% | 3.16% | 2.71% | 2.57% | 1.41% | 1.72% | 2.61% | 2.66% |
| Assets 1 | 12,566 | 3,385 | 16,705 | -2,214 | 14,482 | 10,124 | 12,141 | 16,012 |
| Book Value Per Share 2 | 4.560 | 4.340 | 4.440 | 4.340 | 3.680 | 3.450 | 3.410 | 3.560 |
| Cash Flow per Share 2 | 1.220 | 1.190 | 1.260 | 1.370 | 1.150 | 0.9900 | 1.290 | 1.450 |
| Capex 1 | 662 | 680 | 610 | 609 | 676 | 774 | 835 | 1,463 |
| Capex / Sales | 36.41% | 36.57% | 33.76% | 32.69% | 37.05% | 39.06% | 40.06% | 61.71% |
| Announcement Date | 5/23/19 | 5/22/20 | 5/27/21 | 5/26/22 | 5/25/23 | - | - | - |
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
OUTPERFORM
Number of Analysts
13
Last Close Price
10.38
GBP
Average target price
11.28
GBP
Spread / Average Target
+8.61%
EPS Revisions
| 1st Jan change | Capi. | |
|---|---|---|
| -1.98% | 8.82B | |
| -3.37% | 9.87B | |
| -4.69% | 9.16B | |
| +7.06% | 2.92B | |
| +24.08% | 2.89B | |
| -7.60% | 2.77B | |
| -13.07% | 2.6B | |
| -11.44% | 2.37B | |
| -5.83% | 1.69B | |
| +9.71% | 1.62B |
- Stock Market
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- UU. Stock
- Financials United Utilities Group PLC
