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Price (delayed)
$56.06
Market cap
$1B
P/E Ratio
23.26
Dividend/share
$1.35
EPS
$2.41
Enterprise value
$1.4B
Established in 1897, Middlesex Water Company serves as a trusted provider offering life-sustaining high quality water service for residential, commercial, industrial and fire protection purposes. The Company offers a full
Highlights
MSEX's P/E is 33% below its 5-year quarterly average of 34.9 and 8% below its last 4 quarters average of 25.3
The gross profit is up by 22% year-on-year and by 3.6% since the previous quarter
The company's net income rose by 19% YoY but it fell by 2.7% QoQ
Middlesex Water's EPS has increased by 18% YoY but it has decreased by 2.8% from the previous quarter
The quick ratio has plunged by 61% YoY and by 20% from the previous quarter
Key stats
What are the main financial stats of MSEX
Market
Valuations
Earnings
Shares outstanding
17.92M
Market cap
$1B
Enterprise value
$1.4B
Price to earnings (P/E)
23.26
Price to book (P/B)
2.23
Price to sales (P/S)
5.13
EV/EBIT
22.04
EV/EBITDA
14.96
EV/Sales
7.14
Revenue
$195.65M
Gross profit
$80.46M
Operating income
$54.9M
Net income
$43.15M
EBIT
$63.4M
EBITDA
$93.38M
Free cash flow
-$13.28M
Per share
Balance sheet
Liquidity
EPS
$2.41
EPS diluted
$2.41
Free cash flow per share
-$0.74
Book value per share
$25.1
Revenue per share
$10.94
TBVPS
$71.49
Total assets
$1.28B
Total liabilities
$829.91M
Debt
$395.25M
Equity
$449.05M
Working capital
-$54.72M
Debt to equity
0.88
Current ratio
0.46
Quick ratio
0.33
Net debt/EBITDA
4.2
Margins
Efficiency
Dividend
EBITDA margin
47.7%
Gross margin
41.1%
Net margin
22.1%
Operating margin
28.1%
Return on assets
3.4%
Return on equity
9.7%
Return on invested capital
4.1%
Return on capital employed
5.4%
Return on sales
32.4%
Dividend yield
2.4%
DPS
$1.35
Payout ratio
55.8%
MSEX stock price
How has the Middlesex Water stock price performed over time
Intraday
-0.25%
1 week
-3.26%
1 month
-8.35%
1 year
4.51%
YTD
6.52%
QTD
-12.54%
Financial performance
How have Middlesex Water's revenue and profit performed over time
Revenue
$195.65M
Gross profit
$80.46M
Operating income
$54.9M
Net income
$43.15M
Gross margin
41.1%
Net margin
22.1%
MSEX's operating income is up by 32% year-on-year and by 3.2% since the previous quarter
The gross profit is up by 22% year-on-year and by 3.6% since the previous quarter
The company's net income rose by 19% YoY but it fell by 2.7% QoQ
Middlesex Water's revenue has increased by 16% YoY
Price vs fundamentals
How does MSEX's price correlate with its fundamentals
Growth
What is Middlesex Water's growth rate over time
Valuation
What is Middlesex Water stock price valuation
P/E
23.26
P/B
2.23
P/S
5.13
EV/EBIT
22.04
EV/EBITDA
14.96
EV/Sales
7.14
MSEX's P/E is 33% below its 5-year quarterly average of 34.9 and 8% below its last 4 quarters average of 25.3
Middlesex Water's EPS has increased by 18% YoY but it has decreased by 2.8% from the previous quarter
The P/B is 34% below the 5-year quarterly average of 3.4 and 7% below the last 4 quarters average of 2.4
The company's equity rose by 5% YoY
The stock's price to sales (P/S) is 40% less than its 5-year quarterly average of 8.6 and 8% less than its last 4 quarters average of 5.6
Middlesex Water's revenue has increased by 16% YoY
Efficiency
How efficient is Middlesex Water business performance
Middlesex Water's ROIC has increased by 21% YoY but it has decreased by 2.4% from the previous quarter
The ROA has grown by 13% YoY but it has contracted by 2.9% from the previous quarter
MSEX's ROE is up by 13% YoY but it is down by 4% QoQ
Middlesex Water's ROS has increased by 6% YoY but it has decreased by 4.7% from the previous quarter
Dividends
What is MSEX's dividend history
DPS
$1.35
Dividend yield
2.4%
Payout ratio
55.8%
Recent dividends
Special dividends are included in TTM DPS and yield
Financial health
How did Middlesex Water financials performed over time
The total assets is 54% greater than the total liabilities
The quick ratio has plunged by 61% YoY and by 20% from the previous quarter
Middlesex Water's current ratio has plunged by 52% YoY and by 12% from the previous quarter
The company's debt is 12% lower than its equity
The company's debt to equity fell by 12% YoY
The company's debt fell by 7% YoY but it rose by 2.4% QoQ
All financial data is based on trailing twelve months (TTM) periods - updated quarterly, unless otherwise specified.