SMR
NuScale Power Corporation
SMR offers stronger modeled upside, but that advantage does not outweigh its weaker overall profile.
UTL
Unitil Corporation
UTL has the edge over SMR overall, supported by stronger fundamentals and lower modeled downside.
SMR Fundamentals
| Metric | Status |
|---|---|
| Weak | |
| Weak | |
| Weak | |
| Unavailable |
SMR's revenue, profitability and cash flow are currently weak. There isn't enough data to rate its balance sheet.
UTL Fundamentals
| Metric | Status |
|---|---|
| Healthy | |
| Healthy | |
| Under pressure | |
| Unavailable |
UTL's revenue and profitability are currently healthy, but its cash flow is under pressure. There isn't enough data to rate its balance sheet.
SMR PE Valuation
SMR has no meaningful PE right now: it lost money over the past year.
UTL PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Forward | 16x | $55.66 | — |
| Cheap | 17x | $53.19 | -4.4% |
| Current | 18x | $55.66 | — |
| Fair | 19x | $58.84 | +5.7% |
| Expensive | 21x | $65.98 | +19% |
Historical ranges are pointers, not guarantees.
UTL's PE is in its fair range at 18x. If earnings grow as analysts expect, today's price would be 16x next year's earnings, in its cheap range.
SMR Forward outlook
| Metric | Outlook |
|---|---|
| -- | |
| Losses shrinking | |
| Strong growth | |
| -- | |
| Limited | |
| High |
Analysts expect SMR's losses to shrink, with revenue growing.
UTL Forward outlook
| Metric | Outlook |
|---|---|
| Improving | |
| Growth | |
| Growth | |
| Stable | |
| Limited | |
| High |
Analysts expect earnings and revenue growth for UTL, with profitability holding steady.
SMR Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Q3 2026 | -$0.72 | +$2.14 |
| Q2 2026 | -$2.46 | -$1.27 |
| Q1 2026 | -$2.46 | -$1.09 |
| Q4 2025 | -$2.43 | -$0.96 |
| Q3 2025 | -$2.86 | -$1.91 |
| Q2 2025 | -$1.19 | -$0.16 |
| Q1 2025 | -$1.37 | -$0.52 |
| Q4 2024 | -$1.47 | -$0.67 |
SMR is still losing money, but far less than before: $0.72 per share over the past year, against $2.86 at its worst in late 2025.
UTL Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $3.47 | +13% |
| Q3 2026 | $3.08 | +6.6% |
| Q2 2026 | $3.14 | +7.9% |
| Q1 2026 | $3.13 | +6.8% |
| Q4 2025 | $2.97 | +1.4% |
| Q3 2025 | $2.89 | -1.4% |
| Q2 2025 | $2.91 | -3.6% |
| Q1 2025 | $2.93 | -2.3% |
| Q4 2024 | $2.93 | +3.9% |
UTL has the edge over SMR on earnings quality, reporting a profit while its opponent remains loss making.
SMR Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $281K | -97% |
| Q2 2026 | $75K | -99% |
| Q1 2026 | $565K | -96% |
| Q4 2025 | $1.8M | -95% |
| Q3 2025 | $8.2M | +1635% |
| Q2 2025 | $8.1M | +733% |
| Q1 2025 | $13.4M | +870% |
| Q4 2024 | $34.2M | +651% |
SMR's revenue has slid since its 2024 peak: $281,000 last quarter, down 97% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | -23068% | -16535 points |
| Q2 2026 | -85337% | -84802 points |
| Q1 2026 | -10181% | -9917 points |
| Q4 2025 | -4022% | -3988 points |
| Q3 2025 | -6533% | +2103 points |
| Q2 2025 | -535% | +3796 points |
| Q1 2025 | -264% | +2925 points |
| Q4 2024 | -35% | +1524 points |
SMR's operating margin was −23068% last quarter, down 16535 points from the same quarter a year ago, near the bottom of its range since 2022.
UTL Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $112.6M | +11% |
| Q2 2026 | $117M | +14% |
| Q1 2026 | $216.9M | +27% |
| Q4 2025 | $161.5M | +27% |
| Q3 2025 | $101.1M | +8.8% |
| Q2 2025 | $102.6M | +7.2% |
| Q1 2025 | $170.8M | -4.4% |
| Q4 2024 | $127.5M | -1.6% |
UTL's revenue is recovering but still below its 2023 peak: $113M last quarter, up 11% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 6% | -0.9 points |
| Q2 2026 | 13% | +0.2 points |
| Q1 2026 | 26% | -1.3 points |
| Q4 2025 | 21% | -0.6 points |
| Q3 2025 | 6.9% | +0.7 points |
| Q2 2025 | 13% | 0 points |
| Q1 2025 | 27% | +2.3 points |
| Q4 2024 | 22% | +0.7 points |
UTL has the edge over SMR on profitability, with a higher operating margin.
SMR Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q2 2026 | -$58.6M | -$25.3M |
| Q1 2026 | -$316.2M | -$293.3M |
| Q4 2025 | -$204.1M | -$177.6M |
| Q2 2025 | -$33.3M | +$2.7M |
| Q1 2025 | -$22.9M | +$10.6M |
| Q4 2024 | -$26.5M | +$46.8M |
| Q3 2024 | -$12.7M | +$15M |
| Q2 2024 | -$36M | +$4.5M |
UTL has the stronger cash trend. Its trailing FCF is down 19% versus its history, compared with SMR at down 161%.
UTL Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | -$33.4M | +$5.6M |
| Q2 2026 | $12.1M | +505% |
| Q1 2026 | $17.7M | -9.2% |
| Q4 2025 | -$36.3M | -$4M |
| Q3 2025 | -$39M | -$7.7M |
| Q2 2025 | $2M | -85% |
| Q1 2025 | $19.5M | +205% |
| Q4 2024 | -$32.3M | -$13M |
UTL's free cash flow was −$40M over the past year, against −$50M the year before.
SMR Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +13% | +45.9M shares |
| 1 year | +178% | +263M shares |
| 3 years | +448% | +336M shares |
SMR has 410M diluted shares, up 178% from a year ago.
| Quarter | Spent |
|---|---|
| Q4 2023 | — |
| Q3 2023 | — |
| Q2 2023 | — |
| Q1 2023 | — |
| Q4 2022 | — |
| Q3 2022 | — |
UTL Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +1.1% | +196K shares |
| 1 year | +6.6% | +1.1M shares |
| 3 years | +12% | +2M shares |
| 5 years | +17% | +2.6M shares |
| Available history | +21% | +3.2M shares |
UTL has the edge over SMR on shareholder dilution, with a more favorable share count trend.
SMR Net Leverage
SMR's operating earnings (EBITDA) were negative over the past year, so its debt can't be measured against them.
UTL Net Leverage
SMR Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 29.5 | Oversold |
| Stochastic | 8.6 | Oversold |
SMR's weekly RSI is 30 (oversold) and its Stochastic is 9 (oversold).
UTL Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 59.4 | Neutral |
| Stochastic | 77.8 | Neutral |
UTL's weekly RSI is 59 (neutral) and its Stochastic is 78 (neutral).
SMR PE vs Utilities Sector
SMR has no meaningful PE right now: it lost money over the past year.
UTL PE vs Utilities Sector
| Metric | UTL | Sector median | Relative |
|---|---|---|---|
| PE | 18x | 20x | 11% below |
| PE % | 33 | 44 | 11 pts below |
UTL is trading at 18x earnings, a 11% discount to the Utilities sector's median of 20x.
SMR Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $6.26 | 23% below |
| 20 week MA | $7.88 | 39% below |
| 50 week MA | $11.4 | 58% below |
| 100 week MA | $20.2 | 76% below |
| 200 week MA | $14.4 | 67% below |
SMR is in a downtrend: it's below all five of its weekly moving averages, and 67% below its 200-week average.
UTL Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $53.9 | 3.3% above |
| 20 week MA | $53.8 | 3.6% above |
| 50 week MA | $52.2 | 6.6% above |
| 100 week MA | $52.3 | 6.5% above |
| 200 week MA | $52.7 | 5.7% above |
UTL has the edge over SMR on trend strength, trading above more of its moving averages.
SMR Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $10.1 | $10.3 | +1.2% |
| 2021 | $10.3 | $10.1 | -1.9% |
| 2022 | $10.1 | $10.1 | +0.5% |
| 2023 | $10.1 | $3.29 | -67% |
| 2024 | $3.29 | $19.5 | +493% |
| 2025 | $19.5 | $14.9 | -24% |
| 2026 YTD | $14.9 | $4.82 | -68% |
SMR's yearly returns have swung widely, from +493% in 2024 to −67% in 2023. It's down 68% so far in 2026.
UTL Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $61.3 | $42.4 | -31% |
| 2021 | $42.4 | $45.1 | +6.3% |
| 2022 | $45.1 | $52.0 | +15% |
| 2023 | $52.0 | $52.6 | +1.1% |
| 2024 | $52.6 | $53.8 | +2.3% |
| 2025 | $53.8 | $48.9 | -9.2% |
| 2026 YTD | $48.9 | $55.7 | +14% |
UTL has the edge over SMR on returns for 2026, with the stronger performance.