UNITIL CORP (UTL) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:UTL - US9132591077 - Common Stock
48.97 USD
-0.25 (-0.51%)
48.97 USD
0 (0%)
Taking everything into account, UTL scores 3 out of 10 in our fundamental rating. UTL was compared to 26 industry peers in the Multi-Utilities industry. While UTL is still in line with the averages on profitability rating, there are concerns on its financial health. UTL is valied quite expensively at the moment, while it does show a decent growth rate.
1. Profitability
1.1 Basic Checks
UTL had positive earnings in the past year.
In the past year UTL had a positive cash flow from operations.
Each year in the past 5 years UTL has been profitable.
Each year in the past 5 years UTL had a positive operating cash flow.
1.2 Ratios
UTL has a worse Return On Assets (2.41%) than 65.38% of its industry peers.
With a Return On Equity value of 7.84%, UTL is not doing good in the industry: 65.38% of the companies in the same industry are doing better.
With a Return On Invested Capital value of 4.09%, UTL perfoms like the industry average, outperforming 57.69% of the companies in the same industry.
Measured over the past 3 years, the Average Return On Invested Capital for UTL is in line with the industry average of 3.94%.
| 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
The Profit Margin of UTL (9.32%) is worse than 84.62% of its industry peers.
UTL's Profit Margin has been stable in the last couple of years.
UTL has a worse Operating Margin (18.86%) than 69.23% of its industry peers.
UTL's Operating Margin has improved in the last couple of years.
With a Gross Margin value of 59.36%, UTL perfoms like the industry average, outperforming 50.00% of the companies in the same industry.
In the last couple of years the Gross Margin of UTL has grown nicely.
| 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
The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so UTL is destroying value.
The number of shares outstanding for UTL has been increased compared to 1 year ago.
The number of shares outstanding for UTL has been increased compared to 5 years ago.
The debt/assets ratio for UTL is higher compared to a year ago.
2.2 Solvency
UTL has an Altman-Z score of 0.88. This is a bad value and indicates that UTL is not financially healthy and even has some risk of bankruptcy.
With a decent Altman-Z score value of 0.88, UTL is doing good in the industry, outperforming 61.54% of the companies in the same industry.
A Debt/Equity ratio of 1.26 is on the high side and indicates that UTL has dependencies on debt 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 | 0.88 |
ROIC/WACC0.64
WACC6.39%
2.3 Liquidity
A Current Ratio of 0.67 indicates that UTL may have some problems paying its short term obligations.
UTL has a worse Current ratio (0.67) than 84.62% of its industry peers.
A Quick Ratio of 0.61 indicates that UTL may have some problems paying its short term obligations.
UTL's Quick ratio of 0.61 is on the low side compared to the rest of the industry. UTL is outperformed by 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%.
The Earnings Per Share has been decreasing by -0.27% on average over the past years.
UTL shows a small growth in Revenue. In the last year, the Revenue has grown by 1.03%.
The Revenue has been growing slightly by 2.46% on average over the past years.
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
The Earnings Per Share is expected to grow by 6.69% on average over the next years.
The Revenue is expected to grow by 3.30% on average over the next years.
EPS Next Y0.31%
EPS Next 2Y2.87%
EPS Next 3Y3.65%
EPS Next 5Y6.69%
Revenue Next Year-5.92%
Revenue Next 2Y0.69%
Revenue Next 3Y2.38%
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.
The Revenue growth rate is accelerating: in the next years the growth will be better than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
The Price/Earnings ratio is 16.66, which indicates a correct valuation of UTL.
Compared to the rest of the industry, the Price/Earnings ratio of UTL indicates a somewhat cheap valuation: UTL is cheaper than 61.54% of the companies listed in the same industry.
Compared to an average S&P500 Price/Earnings ratio of 27.19, UTL is valued a bit cheaper.
UTL is valuated correctly with a Price/Forward Earnings ratio of 15.79.
UTL's Price/Forward Earnings is on the same level as the industry average.
UTL's Price/Forward Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 23.88.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 16.66 | ||
| Fwd PE | 15.79 |
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 | 8.48 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates UTL does not grow enough to justify the current Price/Earnings ratio.
PEG (NY)53.63
PEG (5Y)N/A
EPS Next 2Y2.87%
EPS Next 3Y3.65%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 3.72%, UTL has a reasonable but not impressive dividend return.
UTL's Dividend Yield is slightly below the industry average, which is at 4.62.
Compared to an average S&P500 Dividend Yield of 1.94, UTL pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.72% |
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
UTL pays out 61.75% of its income as dividend. This is not a sustainable payout ratio.
UTL's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP61.75%
EPS Next 2Y2.87%
EPS Next 3Y3.65%
48.97
-0.25 (-0.51%)
Chartmill FA Rating
GICS SectorUtilities
GICS IndustryGroupUtilities
GICS IndustryMulti-Utilities
Earnings (Last)
Earnings (Next)
Inst Owners82.98%
Inst Owner Change0%
Ins Owners1.88%
Ins Owner Change2.17%
Market Cap877.05M
Revenue(TTM)502.00M
Net Income(TTM)46.80M
Analysts83.33
Price Target60.18 (22.89%)
Short Float %2.89%
Short Ratio4.06
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.72% |
Yearly Dividend1.7
Dividend Growth(5Y)2.79%
DP61.75%
Div Incr Years10
Div Non Decr Years34
Ex-DateN/A
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)0%
EPS NQ rev (3m)-9.01%
EPS NY rev (1m)0%
EPS NY rev (3m)-1.69%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-4.03%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-1.01%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 16.66 | ||
| Fwd PE | 15.79 | ||
| P/S | 1.75 | ||
| P/FCF | N/A | ||
| P/OCF | 6.58 | ||
| P/B | 1.47 | ||
| P/tB | 1.47 | ||
| EV/EBITDA | 8.48 |
EPS(TTM)2.94
EY6%
EPS(NY)3.1
Fwd EY6.33%
FCF(TTM)-2.78
FCFYN/A
OCF(TTM)7.44
OCFY15.19%
SpS28.03
BVpS33.34
TBVpS33.26
PEG (NY)53.63
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 | 0.88 |
F-Score5
WACC6.39%
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 Y0.31%
EPS Next 2Y2.87%
EPS Next 3Y3.65%
EPS Next 5Y6.69%
Revenue 1Y (TTM)1.03%
Revenue growth 3Y1.49%
Revenue growth 5Y2.46%
Sales Q2Q%8.83%
Revenue Next Year-5.92%
Revenue Next 2Y0.69%
Revenue Next 3Y2.38%
Revenue Next 5Y3.3%
EBIT growth 1Y4.99%
EBIT growth 3Y5.21%
EBIT growth 5Y4.39%
EBIT Next Year105.01%
EBIT Next 3Y32.43%
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.
What is the valuation status of UNITIL CORP (UTL) stock?
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.
Can you provide the financial health for UTL stock?
The financial health rating of UNITIL CORP (UTL) is 1 / 10.
Is the dividend of UNITIL CORP sustainable?
The dividend rating of UNITIL CORP (UTL) is 6 / 10 and the dividend payout ratio is 61.75%.