MSEX Middlesex Water Co

Price (delayed)

$56.03

Market cap

$1.04B

P/E Ratio

23.35

Dividend/share

$1.42

EPS

$2.4

Enterprise value

$1.47B

?
Relative Growth: Rel. Growth: 53
Relative Strength: Rel. Strength: 45
Relative Valuation: Rel. Valuation: 44
Relative Profitability: Rel. Profitability: 59

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
The company's equity rose by 12% YoY
The gross profit is up by 3.8% year-on-year and by 2.5% since the previous quarter
MSEX's P/E is 30% below its 5-year quarterly average of 32.8 but 5% above its last 4 quarters average of 22.0
The quick ratio has contracted by 23% from the previous quarter and by 18% YoY
The company's debt rose by 8% YoY and by 2.7% QoQ

Key stats

What are the main financial stats of MSEX

MSEX stock price

How has the Middlesex Water stock price performed over time
Intraday
0.99%
1 week
8.21%
1 month
6.66%
1 year
2.79%
YTD
11.13%
QTD
7.65%

Financial performance

How have Middlesex Water's revenue and profit performed over time
Revenue
$199.11M
Gross profit
$83.54M
Operating income
$55.92M
Net income
$43.95M
Gross margin
42%
Net margin
22.1%
The gross profit is up by 3.8% year-on-year and by 2.5% since the previous quarter
The company's net income rose by 2.6% QoQ
MSEX's operating income is up by 2.8% since the previous quarter
Middlesex Water's revenue has increased by 2.3% from the previous quarter

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
23.35
P/B
2.07
P/S
5.22
EV/EBIT
23.05
EV/EBITDA
15.22
EV/Sales
7.37
MSEX's P/E is 30% below its 5-year quarterly average of 32.8 but 5% above its last 4 quarters average of 22.0
The P/B is 34% below the 5-year quarterly average of 3.1 but 2.5% above the last 4 quarters average of 2.0
The company's equity rose by 12% YoY
The stock's price to sales (P/S) is 34% less than its 5-year quarterly average of 7.8 but 6% more than its last 4 quarters average of 4.9
Middlesex Water's revenue has increased by 2.3% from the previous quarter

Efficiency

How efficient is Middlesex Water business performance
The ROA has contracted by 6% YoY
MSEX's ROE is down by 6% YoY
Middlesex Water's ROIC has decreased by 4.9% YoY but it has increased by 2.6% from the previous quarter

Dividends

What is MSEX's dividend history
DPS
$1.42
Dividend yield
2.53%
Payout ratio
59.2%
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 57% greater than the total liabilities
The quick ratio has contracted by 23% from the previous quarter and by 18% YoY
Middlesex Water's current ratio has decreased by 15% YoY and by 13% from the previous quarter
The company's debt is 15% lower than its equity
The company's equity rose by 12% YoY
The company's debt rose by 8% YoY and by 2.7% QoQ

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