Utilitywise (UTW)

Business description

Utilitywise is an independent cost management consultancy offering energy procurement and management products to the business market in the UK.

Stock data

Market cap.£49.5m
Last close63.00p
High / Low (52 weeks)202.0p / 48.0p
Stock market listingLN
Forecast net debt (£m)20.1
Forecast gearing ratio (%)43
SectorIndustrial Support Services

Price performance

Relative *(8.4)(51.2)(54.1)

* % Relative to local index

Other companies in sector Show

Company news

Is Utilitywise plc a falling knife to catch after plunging 40% today?

Mon, 31 Jul 2017 10:41:15 GMT

Utilitywise plunges on big commission repayment due to energy contracts under ...

Thu, 29 Jun 2017 09:48:42 GMT

Utilitywise slumps on profit warning as it adopts new accounting policy

Mon, 31 Jul 2017 09:14:04 GMT

Utilitywise PLC (UTW) Stock Rating Reaffirmed by Shore Capital

Wed, 16 Aug 2017 13:30:00 GMT

Shore Capital Reiterates “Buy” Rating for Utilitywise PLC (UTW)

Tue, 15 Aug 2017 10:30:00 GMT

Y/E Jul Revenue (£m) EBITDA (£m) PBT (£m) EPS (fd) (p) P/E (x) P/CF (x)
2015A N/A N/A N/A N/A N/A N/A
2016A 84.4 18.3 17.7 19.3 3.3 3.6
2017E 83.3 7.0 5.8 6.9 9.1 N/A
2018E 92.5 9.9 8.4 9.1 6.9 5.4

Last updated on 02/08/2017

Investment summary

We have updated our forecasts to reflect recent announcements from Utilitywise (UTW), including those related to consumption volumes in ‘nominated contracts’, implementation of IFRS 15 and the trading update. While our changes have resulted in lower projections for revenues, profits and dividends, changes to revenue recognition will result in lower levels of accrued revenue and a stronger link between profits and cash flow. Following recent falls, the rating of the shares appears undemanding for a company that we expect to generate profits and cash in FY18.

Last updated on 02/08/2017

Industry outlook

We believe a fragmented UK TPI market provides an opportunity for Utilitywise to continue to grow.

Last updated on 03/07/2017

Key management

Geoff Thompson, Chairman
Brendan Flattery , CEO
Richard Laker, CFO

Company address

Utilitywise House
30-31 Long Row
Market Dock
South Shields, Tyne & Wear
NE33 1JA
United Kingdom
0870 626 0559
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