MSEX Middlesex Water Co

  1. Stocks
  2. Utilities
  3. NASDAQ: MSEX

Price (delayed)

$48.7

Market cap

$867.92M

P/E Ratio

27.51

Dividend/share

$1.28

EPS

$1.77

Enterprise value

$1.28B

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 26% below its last 4 quarters average of 37.4 and 24% below its 5-year quarterly average of 36.5
The company's equity rose by 6% YoY
Middlesex Water's EPS has decreased by 26% YoY and by 4.3% from the previous quarter
The company's net income fell by 26% YoY and by 4.3% QoQ
Sector: Utilities
Industry: Utilities - Regulated Water
Website: http://www.middlesexwater.com
Peers: AWK CDZI AWR YORW

Key stats

What are the main financial stats of MSEX
Market
Shares outstanding
17.82M
Market cap
$867.92M
Enterprise value
$1.28B
Valuations
Price to earnings (P/E)
27.51
Price to book (P/B)
2.05
Price to sales (P/S)
5.19
EV/EBIT
27.94
EV/EBITDA
17
EV/Sales
7.68
Earnings
Revenue
$166.27M
EBIT
$45.71M
EBITDA
$75.15M
Free cash flow
-$37.4M
Per share
EPS
$1.77
Free cash flow per share
-$2.11
Book value per share
$23.75
Revenue per share
$9.38
TBVPS
$69.71
Balance sheet
Total assets
$1.24B
Total liabilities
$813.06M
Debt
$411.71M
Equity
$422.99M
Working capital
$4.71M
Liquidity
Debt to equity
0.97
Current ratio
1.05
Quick ratio
0.96
Net debt/EBITDA
5.45
Margins
EBITDA margin
45.2%
Gross margin
38.7%
Net margin
19%
Operating margin
23.6%
Efficiency
Return on assets
2.7%
Return on equity
7.6%
Return on invested capital
3.1%
Return on capital employed
4%
Return on sales
27.5%
Dividend
Dividend yield
2.62%
DPS
$1.28
Payout ratio
72%

MSEX stock price

How has the Middlesex Water stock price performed over time
Intraday
-0.77%
1 week
4.42%
1 month
-3.51%
1 year
-37.07%
YTD
-25.78%
QTD
-7.24%

Financial performance

How have Middlesex Water's revenue and profit performed over time
Revenue
$166.27M
Gross profit
$64.42M
Operating income
$39.22M
Net income
$31.52M
Gross margin
38.7%
Net margin
19%
The company's net margin fell by 27% YoY and by 4% QoQ
The company's net income fell by 26% YoY and by 4.3% QoQ
Middlesex Water's operating margin has decreased by 9% YoY
MSEX's operating income is down by 7% year-on-year

Growth

What is Middlesex Water's growth rate over time

Valuation

What is Middlesex Water stock price valuation
MSEX P/E details
P/E
27.51
P/B
2.05
P/S
5.19
EV/EBIT
27.94
EV/EBITDA
17
EV/Sales
7.68
Middlesex Water's EPS has decreased by 26% YoY and by 4.3% from the previous quarter
MSEX's P/E is 26% below its last 4 quarters average of 37.4 and 24% below its 5-year quarterly average of 36.5
The P/B is 46% below the 5-year quarterly average of 3.8 and 33% below the last 4 quarters average of 3.1
The company's equity rose by 6% YoY
The stock's price to sales (P/S) is 43% less than its 5-year quarterly average of 9.2 and 32% less than its last 4 quarters average of 7.7
Middlesex Water's revenue has increased by 2.4% YoY

Efficiency

How efficient is Middlesex Water business performance
The ROA has contracted by 33% YoY and by 7% from the previous quarter
MSEX's ROE is down by 30% YoY and by 5% QoQ
Middlesex Water's ROIC has decreased by 26% YoY and by 6% from the previous quarter
Middlesex Water's ROS has decreased by 19% YoY

Dividends

What is MSEX's dividend history
DPS
$1.28
Dividend yield
2.62%
Payout ratio
72%
Recent dividends

Financial health

How did Middlesex Water financials performed over time
The total assets is 52% greater than the total liabilities
Middlesex Water's total liabilities has increased by 21% YoY
The total assets rose by 15% year-on-year
The company's debt is 2.7% lower than its equity
The company's debt rose by 12% YoY
The company's equity rose by 6% YoY

All financial data is based on trailing twelve months (TTM) periods - updated quarterly, unless otherwise specified.