TEP.L
Strong BuyUnloved QualityAI neutralTelecom Plus Plc · Utilities · United Kingdom · $806M
850.00p +0.8% · close 7 Oct · scored 9 Oct
Unloved Quality: Strong and cheap; the market has not turned yet.
Read our full research report on TEP.L (Jul 2026), freeDoes StockRank work? Each month we publish how every decile did, whichever way it went. See the record →
Telecom Plus sells energy, broadband and mobile bundles to UK households under the Utility Warehouse brand through a network of part-time partners. The company is buying back shares, about 4.3% in 90 days, and directors have been net buyers. But profits fell sharply on energy and broadband competition and the dividend was cut, which shows its pricing power is weaker than it looked.
ABOUT TELECOM PLUS PLC
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Telecom Plus Plc, operating as Utility Warehouse, is a multi-utility provider offering gas, electricity, broadband, mobile, and insurance services to residential and small business customers in the UK. The company differentiates itself through a unique direct selling model and a bundled service offering that delivers cost savings and simplifies household bills. This integrated approach fosters high customer loyalty and a strong competitive moat in the utilities sector.
FINANCIAL SUMMARY (GBP)
| Year | 2022 | 2023 | 2024 | 2025 | 2026 | CAGR | TTM | 2027E | 2028E | Fwd CAGR |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 967.4M | 2.5B | 2.0B | 1.8B | 1.9B | 19.0% | 1.9B | 2.1B | 2.1B | 4.8% |
| EPS (GBp) | 44.88 | 86.60 | 89.90 | 96.30 | 101.20 | 22.5% | 100.28 | 69.05 | 79.56 | -11.3% |
| Shares | 79.0M | 79.5M | 78.6M | 79.3M | 79.8M | +1.0% | 76.8M | — | — | — |
| Debt | 100.0M | 90.4M | 180.3M | 194.9M | 234.5M | 23.8% | 235.2M | — | — | — |
| Equity | 206.5M | 230.7M | 232.6M | 251.5M | 266.8M | 6.6% | — | — | — | — |
| Op CF | 51.3M | 236.2M | -132.5M | 108.7M | 117.8M | 23.1% | 118.2M | — | — | — |
| Inv CF | -8.2M | -10.7M | -8.2M | -26.1M | -60.5M | — | — | — | — | — |
| Fin CF | -37.8M | -62.1M | 4.7M | -61.5M | -44.9M | — | — | — | — | — |
Swung more than 51% of stocks we rank over the past year (42% a year).
How this is worked out
What it measures: day-to-day price moves over the past year, as a yearly figure, ranked against every stock we cover. Very calm under 20% a year, Calm 20 to 30%, Average 30 to 40%, Bumpy 40 to 55%, Very bumpy above that.
What we found: across about 13,500 stocks in 34 markets (2002 to 2025), past swings were a good guide to the next year's, and bumpier stocks fell further. How much further changed too much between eras to put a number on it.
Calm is not safe: a calm stock can still slide steadily.
Rules fixed before any data was fetched. Describes the chart, not a recommendation.
SCORE BREAKDOWN
FUNDAMENTALS
SECTOR PEERS
Closest peers in Utilities, ranked by industry match, size, and score similarity. Cross-listings of TEP.L are excluded.
| Ticker | Company | Mkt Cap | StockRank | Signal |
|---|---|---|---|---|
| TEP.L | Telecom Plus Plc(you) | $806M | 83 | Strong Buy |
| YU.L | Yü Group PLC | $369M | 97 | Strong Buy |
| SCT.DE | SSE plc | $40.0B | 59 | Hold |
| DRX.L | Drax Group plc | $3.7B | 77 | Buy |
| TRIG.L | The Renewables Infrastructure Group Limited | $2.4B | 54 | Hold |
| ALU.L | The Alumasc Group plc | $111M | 96 | Strong Buy |
| RNW | ReNew Energy Global Plc | $2.5B | 42 | Hold |
| UU.L | United Utilities Group PLC | $13.6B | 74 | Buy |
| CNA.L | Centrica plc | $9.1B | 54 | Hold |
| PNN.L | Pennon Group Plc | $2.8B | 29 | Sell |
Peer medians: ROE 8.4% · P/E 17.6x · Gross margin 55.3%
Company Deep Dive
Read the full research report: business segments breakdown, earnings transcripts review, management credibility analysis, competitive landscape, and scenarios.