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Telecom Plus Plc (TEP.L)

Utilities Out of favour

Picture opening a single monthly household bill that bundles your broadband, mobile, energy and insurance into one tidy package.

£8.51
≈ 851p · London-listed shares are usually quoted in pence (GBX) elsewhere; the Almanac shows pounds (£1 = 100p).

Is Telecom Plus Plc a good stock for a UK beginner?

The honest version: There's no rating here and nothing for sale. In its favour: High return on equity showing efficient use of shareholder money. Worth weighing: Steep drop in the share price over the past year. Below, we lay out what it does, what its numbers mean, and the honest risks, so you can decide for yourself.

No rating · no target price · nothing for sale here
Price-55.2%
52-week range-57% past year
£8.51
Low £6.38High £19.36
Where today's price sits versus its past year - context, not a signal.
If you had put £1,000 into Telecom Plus Plc
£448-55%

Over about 2 years to 2026-07-31. This is the share price only - reinvesting the dividends would add to it. Past performance is not a guide to the future, and it could just as easily have fallen.

How much has Telecom Plus Plc actually fallen?

−66%

Over the last 2 years of daily prices, Telecom Plus Plc fell as much as −66% from a high to a later low. Drops of this size are a normal part of owning a share - worth knowing in advance, so a dip doesn't come as a shock.

Worst peak-to-trough fall in the daily closing price over the period we hold. Past falls are not a forecast - it can fall further, or recover.

Market cap: The company's total value on the stock market - share price times the number of shares. Big = 'large-cap', small = 'small-cap'.
£664.72M
Avg volume: How many shares change hands on a typical day. Higher means it's easy to buy or exit without moving the price.
530.68K
Day range: The lowest and highest price the shares traded at during the latest day.
£8.47 – £8.65
52-week range: The lowest and highest the shares have traded over the past year - a sense of how wide the swings have been.
£6.38 – £19.36
P/E ratio: Price-to-earnings: the share price divided by yearly profit per share. Lower can mean cheaper; higher often means investors expect fast growth.
8.5
Dividend yield: The yearly dividend as a percentage of the share price - roughly the income you'd earn from dividends alone.
5.9%
Beta: How bumpy the share price is versus the whole market. Above 1 swings more than the market; below 1 is calmer. It's about the ride, not whether it goes up or down.
0.43
How bumpy is it?Beta: How bumpy the share price is versus the whole market. Above 1 swings more than the market; below 1 is calmer. It's about the ride, not whether it goes up or down. 0.43
Calm
Wild
Steadier than most

Based on beta - how much the price swings versus the whole market. Bumpier isn't bad; it just means a rougher ride, which matters more the sooner you might need the money.

Why has it been moving?▼ -4% past week · ▼ -57% past year

Prices move on results, news and the mood of the whole market - no single headline explains a day, and a quiet week is usually just noise, not a signal.

The bull case

Dominant market share in multi-service household bundling.

The bear case

Long-term shift in consumer habits away from bundled utilities.

What does Telecom Plus Plc do?

Operating under the name Utility Warehouse, this British firm bundles household services like gas, electricity, broadband and mobile into one neat bill. They make their money by convincing everyday households to ditch separate suppliers and manage everything through them, often using a network of independent partners to spread the word. Keeping an eye on how they manage shifting wholesale energy costs is the key watch-point for anyone following their progress.

VQGMI
Factor profile

On our factor screen it looks strongest on value and growth, and weakest on momentum.

Value: How cheap the stock looks versus profits, sales and assets (higher = cheaper). 76Quality: How profitable and financially healthy the company is (higher = stronger). 43Growth: How fast revenue and earnings are growing (higher = faster). 62Momentum: How the share price has been trending recently (higher = stronger recent run). 5Income: The dividend income on offer and how sustainable it looks (higher = more/steadier). 54
Quick checks
What's strong
  • Value screens high (76/100)
  • High return on equity showing efficient use of shareholder money
  • Generous dividend yield relative to the broader market
  • Simple multi-service model that appeals to busy households
What to watch
  • Momentum screens low (5/100)
  • Changes to UK energy market regulations could impact profitability
  • Fierce competition from standalone broadband and energy providers
  • Reliance on independent partners to attract new customers

What do Telecom Plus Plc's numbers mean?

P/E
8.5
This shows you are paying £8.50 for every £1 of annual earnings the company makes right now.
Lower than most of the 40 Utilities shares we cover
Dividend yield
5.9%
This tells you the annual cash payout paid to share owners relative to the current share price, expressed as a percentage.
Higher than most of the 42 Utilities shares we cover
Return on equity
31.1%
This measures how efficiently the business turns the money put in by shareholders into actual profit.
Higher than most of the 41 Utilities shares we cover
P/S
0.3
This compares the total company value to its total sales, showing you pay very little for each pound of revenue coming in.
Lower than most of the 40 Utilities shares we cover

Does Telecom Plus Plc pay a dividend?

Yes - Telecom Plus Plc currently pays a dividend of about 5.9% a year (the yearly payout as a share of the price). A dividend is a slice of profit handed to shareholders; the yield moves as the price moves, and a company can cut or stop it.

What do the numbers say about Telecom Plus Plc's dividend?

There's no rating here, and we don't judge whether the dividend will continue - that would be advice. Here are the figures income investors usually look at, and what each one means, so you can weigh it up yourself.

Dividend yield5.9%The yearly dividend as a percentage of today's price. A very high figure often means the price has fallen because the market expects a cut, so a big yield is a question to look into, not a prize.
Payout ratio95%The share of profit paid out as dividends. A lower figure leaves headroom; near or above 100% means most or all of the profit is going out as dividends.
Dividend cover1.1×Profit divided by the dividend (the payout ratio the other way up). As a rough convention many income investors like around 2× or more; below 1× means the company paid out more than it earned that year.

Figures are from the latest available data and can be distorted by one-off results. Past payments don't predict future ones, and a dividend can be cut at any time. This lays out the numbers to help you understand them - it is not a view on what will happen.

When does Telecom Plus Plc report earnings, and how did recent quarters go?

Telecom Plus Plc is next scheduled to report on about 2026-11-24 - dates can move, and we don't predict results; this just tells you when to look.

Each quarter a company reports its results against what analysts expected. ‘Beating’ or ‘missing’ is about that expectation, not whether the business is doing well in absolute terms.

See who else reports over the next two weeks →

Reported vs expected earnings per share (EPS) from published results; the expectation is the analyst consensus, not our view. Report dates are estimates that can move.

More in Utilities

United UtilitiesPG&EEdison InternationalThe AES CorporationVistra Corp.Pinnacle West Capital CorporationDominion Energy, Inc.Eversource Energy

What are the scenarios for Telecom Plus Plc?

An illustrative range for the year ahead, with the assumption behind each case — not a prediction or a price target.

£20£9£5today · £9▲ Bull · £10• Base · £9▼ Bear · £7in 1 yearILLUSTRATIVE · NOT A PREDICTION OR PRICE TARGET
Bull
+10% to +20%Energy markets stabilise and customer numbers grow faster than expected.
Base
0% to +10%Steady customer sign-ups match previous patterns.
Bear
-15% to -25%Sudden regulatory changes or spikes in wholesale energy prices squeeze margins.

What are the pros and cons of Telecom Plus Plc?

3bull points
6bear points

How many points the write-up makes each way — a balance check, not a score or verdict.

The bull case3
  • High return on equity: How much profit the company makes for each £1 shareholders have put in. Higher usually means a more efficient business. showing efficient use of shareholder money
  • Generous dividend yield: The yearly dividend as a percentage of the share price - roughly the income you'd earn from dividends alone. relative to the broader market
  • Simple multi-service model that appeals to busy households
The catch3
  • Steep drop in the share price over the past year
  • Low profit margins typical of energy and utility resellers
  • Exposed to unpredictable wholesale energy price swings
Key risks3
  • Changes to UK energy market regulations could impact profitability
  • Fierce competition from standalone broadband and energy providers
  • Reliance on independent partners to attract new customers
What would flip the thesis

The write-up's own warning lights — if these start happening, the case above changes.

Confidence: medium · data: GBP · flags: none · Charts by TradingView Lightweight Charts™
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Built from public filings & market prices, checked for an education-only tone, and never a price target. How we make these →

This plain-English summary was auto-generated on 2026-08-02 from public data and checked for an education-only, no-advice tone (the figures above carry their own, usually fresher, 'as of' date). It's information, never a recommendation.

Figures as of 2026-08-02. Prices may be delayed and numbers can go stale - always double-check before acting.