UNITIL CORP (UTL) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:UTL - US9132591077 - Common Stock
49.96 USD
+0.02 (+0.04%)
49.96 USD
0 (0%)
UTL gets a fundamental rating of 3 out of 10. The analysis compared the fundamentals against 26 industry peers in the Multi-Utilities industry. UTL has a medium profitability rating, but doesn't score so well on its financial health evaluation. While showing a medium growth rate, UTL is valued expensive at the moment. UTL also has an excellent dividend rating.
1. Profitability
1.1 Basic Checks
In the past year UTL was profitable.
In the past year UTL had a positive cash flow from operations.
UTL had positive earnings in each of the past 5 years.
In the past 5 years UTL always reported a positive cash flow from operatings.
1.2 Ratios
UTL has a worse Return On Assets (2.41%) than 65.38% of its industry peers.
Looking at the Return On Equity, with a value of 7.84%, UTL is doing worse than 65.38% of the companies in the same industry.
The Return On Invested Capital of UTL (4.09%) is comparable to the rest of the industry.
Measured over the past 3 years, the Average Return On Invested Capital for UTL is in line with the industry average of 3.96%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.41% | ||
| ROE | 7.84% | ||
| ROIC | 4.09% |
ROA(3y)2.64%
ROA(5y)2.49%
ROE(3y)9.09%
ROE(5y)8.72%
ROIC(3y)4.27%
ROIC(5y)4.19%
1.3 Margins
UTL's Profit Margin of 9.32% is on the low side compared to the rest of the industry. UTL is outperformed by 84.62% of its industry peers.
UTL's Profit Margin has been stable in the last couple of years.
UTL's Operating Margin of 18.86% is on the low side compared to the rest of the industry. UTL is outperformed by 69.23% of its industry peers.
UTL's Operating Margin has improved in the last couple of years.
UTL has a Gross Margin of 59.36%. This is comparable to the rest of the industry: UTL outperforms 50.00% of its industry peers.
UTL's Gross Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 18.86% | ||
| PM (TTM) | 9.32% | ||
| GM | 59.36% |
OM growth 3Y3.66%
OM growth 5Y1.88%
PM growth 3Y7.66%
PM growth 5Y-1.15%
GM growth 3Y4.4%
GM growth 5Y2.46%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), UTL is destroying value.
The number of shares outstanding for UTL has been increased compared to 1 year ago.
UTL has more shares outstanding than it did 5 years ago.
UTL has a worse debt/assets ratio than last year.
2.2 Solvency
Based on the Altman-Z score of 0.89, we must say that UTL is in the distress zone and has some risk of bankruptcy.
The Altman-Z score of UTL (0.89) is comparable to the rest of the industry.
UTL has a Debt/Equity ratio of 1.26. This is a high value indicating a heavy dependency on external financing.
UTL has a better Debt to Equity ratio (1.26) than 73.08% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.26 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 0.89 |
ROIC/WACC0.64
WACC6.36%
2.3 Liquidity
A Current Ratio of 0.67 indicates that UTL may have some problems paying its short term obligations.
Looking at the Current ratio, with a value of 0.67, UTL is doing worse than 84.62% of the companies in the same industry.
A Quick Ratio of 0.61 indicates that UTL may have some problems paying its short term obligations.
UTL has a Quick ratio of 0.61. This is in the lower half of the industry: UTL underperforms 61.54% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.67 | ||
| Quick Ratio | 0.61 |
3. Growth
3.1 Past
UTL shows a small growth in Earnings Per Share. In the last year, the EPS has grown by 0.34%.
Measured over the past years, UTL shows a decrease in Earnings Per Share. The EPS has been decreasing by -0.27% on average per year.
UTL shows a small growth in Revenue. In the last year, the Revenue has grown by 1.03%.
Measured over the past years, UTL shows a small growth in Revenue. The Revenue has been growing by 2.46% on average per year.
EPS 1Y (TTM)0.34%
EPS 3Y7.33%
EPS 5Y-0.27%
EPS Q2Q%N/A
Revenue 1Y (TTM)1.03%
Revenue growth 3Y1.49%
Revenue growth 5Y2.46%
Sales Q2Q%8.83%
3.2 Future
Based on estimates for the next years, UTL will show a small growth in Earnings Per Share. The EPS will grow by 6.69% on average per year.
UTL is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 3.30% yearly.
EPS Next Y2.03%
EPS Next 2Y3.79%
EPS Next 3Y3.86%
EPS Next 5Y6.69%
Revenue Next Year-5.78%
Revenue Next 2Y1.36%
Revenue Next 3Y-0.05%
Revenue Next 5Y3.3%
3.3 Evolution
The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
4. Valuation
4.1 Price/Earnings Ratio
With a Price/Earnings ratio of 16.99, UTL is valued correctly.
UTL's Price/Earnings ratio is a bit cheaper when compared to the industry. UTL is cheaper than 61.54% of the companies in the same industry.
Compared to an average S&P500 Price/Earnings ratio of 26.15, UTL is valued a bit cheaper.
Based on the Price/Forward Earnings ratio of 15.83, the valuation of UTL can be described as correct.
UTL's Price/Forward Earnings is on the same level as the industry average.
When comparing the Price/Forward Earnings ratio of UTL to the average of the S&P500 Index (36.22), we can say UTL is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 16.99 | ||
| Fwd PE | 15.83 |
4.2 Price Multiples
UTL's Enterprise Value to EBITDA ratio is a bit cheaper when compared to the industry. UTL is cheaper than 69.23% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 8.55 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates an expensive valuation of the company.
PEG (NY)8.35
PEG (5Y)N/A
EPS Next 2Y3.79%
EPS Next 3Y3.86%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 3.58%, UTL has a reasonable but not impressive dividend return.
UTL's Dividend Yield is a higher than the industry average which is at 3.37.
Compared to an average S&P500 Dividend Yield of 2.32, UTL pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.58% |
5.2 History
The dividend of UTL has a limited annual growth rate of 2.79%.
UTL has been paying a dividend for at least 10 years, so it has a reliable track record.
UTL has not decreased their dividend for at least 10 years, which is a reliable track record.
Dividend Growth(5Y)2.79%
Div Incr Years10
Div Non Decr Years34
5.3 Sustainability
61.75% of the earnings are spent on dividend by UTL. This is not a sustainable payout ratio.
The dividend of UTL is growing, but earnings are growing more, so the dividend growth is sustainable.
DP61.75%
EPS Next 2Y3.79%
EPS Next 3Y3.86%
49.96
+0.02 (+0.04%)
Chartmill FA Rating
GICS SectorUtilities
GICS IndustryGroupUtilities
GICS IndustryMulti-Utilities
Earnings (Last)
Earnings (Next)
Inst Owners75.63%
Inst Owner Change10.83%
Ins Owners1.82%
Ins Owner Change2.17%
Market Cap894.78M
Revenue(TTM)502.00M
Net Income(TTM)46.80M
Analysts83.33
Price Target60.18 (20.46%)
Short Float %3.12%
Short Ratio5.11
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.58% |
Yearly Dividend1.7
Dividend Growth(5Y)2.79%
DP61.75%
Div Incr Years10
Div Non Decr Years34
Ex-Date
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)29.48%
Min EPS beat(2)-14.65%
Max EPS beat(2)73.6%
EPS beat(4)2
Avg EPS beat(4)14.69%
Min EPS beat(4)-14.65%
Max EPS beat(4)73.6%
EPS beat(8)4
Avg EPS beat(8)-5.27%
EPS beat(12)7
Avg EPS beat(12)2.18%
EPS beat(16)10
Avg EPS beat(16)29.21%
Revenue beat(2)1
Avg Revenue beat(2)0.14%
Min Revenue beat(2)-0.3%
Max Revenue beat(2)0.58%
Revenue beat(4)1
Avg Revenue beat(4)-9.84%
Min Revenue beat(4)-27.23%
Max Revenue beat(4)0.58%
Revenue beat(8)2
Avg Revenue beat(8)-11.74%
Revenue beat(12)5
Avg Revenue beat(12)-3.25%
Revenue beat(16)9
Avg Revenue beat(16)0.71%
PT rev (1m)0%
PT rev (3m)0%
EPS NQ rev (1m)-6.05%
EPS NQ rev (3m)-9.01%
EPS NY rev (1m)0%
EPS NY rev (3m)0%
Revenue NQ rev (1m)-1.06%
Revenue NQ rev (3m)-4.03%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-0.86%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 16.99 | ||
| Fwd PE | 15.83 | ||
| P/S | 1.78 | ||
| P/FCF | N/A | ||
| P/OCF | 6.72 | ||
| P/B | 1.5 | ||
| P/tB | 1.5 | ||
| EV/EBITDA | 8.55 |
EPS(TTM)2.94
EY5.88%
EPS(NY)3.16
Fwd EY6.32%
FCF(TTM)-2.78
FCFYN/A
OCF(TTM)7.44
OCFY14.89%
SpS28.03
BVpS33.34
TBVpS33.26
PEG (NY)8.35
PEG (5Y)N/A
Graham Number46.97
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.41% | ||
| ROE | 7.84% | ||
| ROCE | 5.67% | ||
| ROIC | 4.09% | ||
| ROICexc | 4.13% | ||
| ROICexgc | 4.13% | ||
| OM | 18.86% | ||
| PM (TTM) | 9.32% | ||
| GM | 59.36% | ||
| FCFM | N/A |
ROA(3y)2.64%
ROA(5y)2.49%
ROE(3y)9.09%
ROE(5y)8.72%
ROIC(3y)4.27%
ROIC(5y)4.19%
ROICexc(3y)4.29%
ROICexc(5y)4.21%
ROICexgc(3y)4.29%
ROICexgc(5y)4.21%
ROCE(3y)6.03%
ROCE(5y)5.82%
ROICexgc growth 3Y-0.13%
ROICexgc growth 5Y-1.21%
ROICexc growth 3Y-0.13%
ROICexc growth 5Y-1.21%
OM growth 3Y3.66%
OM growth 5Y1.88%
PM growth 3Y7.66%
PM growth 5Y-1.15%
GM growth 3Y4.4%
GM growth 5Y2.46%
F-Score5
Asset Turnover0.26
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.26 | ||
| Debt/FCF | N/A | ||
| Debt/EBITDA | 4.16 | ||
| Cap/Depr | 211.32% | ||
| Cap/Sales | 36.45% | ||
| Interest Coverage | 2.51 | ||
| Cash Conversion | 73.47% | ||
| Profit Quality | N/A | ||
| Current Ratio | 0.67 | ||
| Quick Ratio | 0.61 | ||
| Altman-Z | 0.89 |
F-Score5
WACC6.36%
ROIC/WACC0.64
Cap/Depr(3y)209.17%
Cap/Depr(5y)209.15%
Cap/Sales(3y)27.11%
Cap/Sales(5y)26.98%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)0.34%
EPS 3Y7.33%
EPS 5Y-0.27%
EPS Q2Q%N/A
EPS Next Y2.03%
EPS Next 2Y3.79%
EPS Next 3Y3.86%
EPS Next 5Y6.69%
Revenue 1Y (TTM)1.03%
Revenue growth 3Y1.49%
Revenue growth 5Y2.46%
Sales Q2Q%8.83%
Revenue Next Year-5.78%
Revenue Next 2Y1.36%
Revenue Next 3Y-0.05%
Revenue Next 5Y3.3%
EBIT growth 1Y4.99%
EBIT growth 3Y5.21%
EBIT growth 5Y4.39%
EBIT Next Year105.01%
EBIT Next 3Y33.05%
EBIT Next 5YN/A
FCF growth 1Y-26.72%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y42.16%
OCF growth 3Y5.31%
OCF growth 5Y3.72%
UNITIL CORP / UTL FAQ
Can you provide the ChartMill fundamental rating for UNITIL CORP?
ChartMill assigns a fundamental rating of 3 / 10 to UTL.
Can you provide the valuation status for UNITIL CORP?
ChartMill assigns a valuation rating of 3 / 10 to UNITIL CORP (UTL). This can be considered as Overvalued.
Can you provide the profitability details for UNITIL CORP?
UNITIL CORP (UTL) has a profitability rating of 4 / 10.
What is the valuation of UNITIL CORP based on its PE and PB ratios?
The Price/Earnings (PE) ratio for UNITIL CORP (UTL) is 16.99 and the Price/Book (PB) ratio is 1.5.
How sustainable is the dividend of UNITIL CORP (UTL) stock?
The dividend rating of UNITIL CORP (UTL) is 7 / 10 and the dividend payout ratio is 61.75%.