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UIL Limited (UTL) Fair Value & Analysis

Financial Services · GB · Market cap 187M GBX

UL UIL Limited UTL · LSE
Price£2.03
Fair Value£2.58
Upside+27.1%
Quality95/100
Evidence: High Range £1.93 – £3.22

Fair value as of: Jun 26, 2026

From 22 valuation models · updated 3 days ago

Share price +2.0% over the past month.

Price vs Fair Value (12 months)

£2.09 £1.11 Fair Value £2.58 Jun 2025 Jun 2026

12‑month range £1.11 – £2.09 · fair‑value band £1.93 – £3.22 · the £2.03 price screens below the £2.58 fair value. As of Jun 26, 2026.

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Analysis

UIL Limited (UTL) currently trades at £2.03, while our model-based Fair Value estimate is £2.58 — implying the stock looks roughly 27.1% undervalued today. We read business quality at 95/100 (high quality), in the Financial Services sector. Bull case: trading below our estimate, it may offer upside if the fundamentals hold. Bear case: a low price can be a value trap when quality is weak or the data is thin (evidence: high) — always confirm before acting.

Over the trailing twelve months, UIL Limited generated revenue of £63.1M at a net margin of 88.0%. Revenue grew 216.2% year over year. It earns a return on equity of 30.2%. Net debt stands at £18.6M. Fundamentals as of Jun 26, 2026

Key figures & financial health

Revenue (TTM) 63.1M GBX
Revenue growth (YoY) +216%
Net margin 88.0%
Return on equity 30.2%
Free cash flow 11.7M GBX FY2025
P/E ratio 4.3
More key figures
Operating margin 98.5%
EPS (TTM) £0.4800
Dividend yield 3.9%
EPS growth (YoY) +245%
Net debt 18.6M GBX FY2025

Figures from reported company fundamentals (EODHD) · as of Jun 26, 2026. TTM = trailing twelve months.

About the company

UIL Limited is a closed-ended equity mutual fund launched and managed by ICM Limited. The fund invests in public equity markets across the globe. It seeks to invest in stocks of companies operating in the infrastructure, utility, and related sectors including water, sewerage, waste, electricity, gas, telecommunications, ports, airports, service, rail, roads, and any business with essential service or monopolistic characteristics. The fund primarily invests in value stocks of companies. It employs fundamental analysis with a focus on such factors as sound balance sheets, good cash flows, ability to pay and sustain dividends, good asset bases, and market conditions to create its portfolio. The fund benchmarks the performance of its portfolio against the FTSE Utilities Index, FTSE All-Share Index, and the Dow Jones World Utilities Index. It was formerly known as Utilico Investments Limited. UIL Limited was formed on August, 2003 and is domiciled in Bermuda.

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

UIL Limited reported revenue of £27.5M in FY2025 versus £124M in FY2021, a compound −31.3%/yr. Reported net income was £20.9M in FY2025, compounding −35.7%/yr from FY2021.

Revenue −31.3%/yr
FY21 £124M
FY22 £5.3M
FY23 −£43.5M
FY24 £10.7M
FY25 £27.5M
Net income −35.7%/yr
FY21 £123M
FY22 −£137M
FY23 −£44.5M
FY24 −£25.0M
FY25 £20.9M

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Frequently asked questions

Is UIL Limited (UTL) undervalued?
As of Jun 26, 2026, our model estimates a fair value of £2.58 versus a price of £2.03 — about +27% (undervalued). Model-based estimate, not financial advice.
What is the fair value of UTL?
Our 21-model fair value for UIL Limited is £2.58 (as of Jun 26, 2026), built from audited fundamentals. The current price is £2.03.
What is the quality score of UTL?
UIL Limited has a Quality Score of 95/100, measuring profitability, growth and balance-sheet strength from non-valuation factors.
What is the revenue of UIL Limited (UTL)?
UIL Limited reported trailing-twelve-month revenue of about £63.1M (latest available figure, as of Jun 26, 2026).
What is the net profit margin of UTL?
The net profit margin of UIL Limited is about 88.0%, meaning it keeps roughly 88.0% of revenue as net income. Based on the latest reported figures.
Does UIL Limited pay a dividend?
UIL Limited currently shows a dividend yield of about 3.88% relative to its recent price (as of Jun 26, 2026).

How we calculate Fair Value

Each company is valued through a stack of independent intrinsic-value models (DCF variants, residual-income, multiples and more), blended into one family-balanced consensus and weighted by how much trustworthy data backs it. A separate quality layer scores the fundamentals. Every input is real reported data — nothing guessed.

Educational research only · not financial advice · no buy/sell recommendation. Model-based estimates are not certainties; their reliability depends on data quality and assumptions.