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.£85.6m
Last close109.00p
High / Low (52 weeks)202.0p / 109.0p
Stock market listingLN
Forecast net debt (£m)18.5
Forecast gearing ratio (%)35
TeamIndustrials
SectorIndustrial Support Services

Price performance

%1m3m12m
Actual(13.5)(38.9)(14.7)
Relative *(12.3)(40.1)(29.9)

* % Relative to local index

Other companies in sector Show

Company news

Is There Strength Behind the Numbers For Utilitywise Plc (AIM:UTW)

Tue, 27 Jun 2017 06:00:00 GMT

A Chartists Perspective on Utilitywise PLC (UTW.L)

Tue, 27 Jun 2017 06:00:00 GMT

Are Centrica PLC And Utilitywise PLC Value Traps Or Value Plays?

Fri, 21 Aug 2015 12:24:31 GMT

What You Must Know About Utilitywise Plc's (AIM:UTW) Financial Strength?

Tue, 20 Jun 2017 08:48:45 GMT

Active Runner in Focus: Utilitywise PLC (UTW.L)

Mon, 26 Jun 2017 09:45:00 GMT

Y/E Jul Revenue (£m) EBITDA (£m) PBT (£m) EPS (p) P/E (x) P/CF (x)
2015A 69.1 17.8 16.7 17.9 6.1 N/A
2016A 84.4 18.3 17.7 19.3 5.6 6.1
2017E 94.7 19.8 18.7 19.5 5.6 N/A
2018E 105.9 21.8 20.3 21.2 5.1 5.5

Last updated on 18/05/2017

Investment summary

Prior to exceptional items (£14.4m – the majority for an impairment charge to the carrying value of t-mac Technologies), UTW reported further growth in H117: revenue +11%, flat EBITDA, a 4% rise in profit before tax and a 5% increase in the DPS. UTW also decided to discontinue the practice of taking cash advances from suppliers and will now include cash repayments to the suppliers that are not under UTW’s control, as debt. These changes (c £20m in FY17) will increase reported net debt, but should strengthen the relationship between cash and reported earnings. The new management team recently refreshed UTW’s corporate strategy and put in place a plan for extending the company’s growth profile (2018-21). UTW sees a significant opportunity in the UK energy procurement and controls market, and has set ambitious targets for market share of energy controls (5%) and energy procurement (7%).

Last updated on 01/06/2017

Industry outlook

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

Last updated on 01/06/2017

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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