Is UNITIL Corp. overvalued or undervalued?

As of 6 May 2025, the valuation grade for UNITIL Corp. has moved from very expensive to expensive, indicating a shift in perception regarding its valuation. The company is currently considered overvalued. Key ratios include a P/E ratio of 18, an EV to EBITDA of 9.60, and a Price to Book Value of 1.61.
In comparison to peers, Hawaiian Electric Industries, Inc. is rated risky with a P/E of -1.32, while Kenon Holdings Ltd. is rated fair with a P/E of 26.98. Given these comparisons, UNITIL Corp.'s valuation appears less attractive relative to its peers. Additionally, while UNITIL Corp. has outperformed the S&P 500 over the past year with a return of 7.76% compared to the index's 10.26%, its longer-term performance has lagged significantly behind, suggesting potential concerns about its future growth prospects.