MSEX Middlesex Water Co
Price (delayed)
$62.02
Market cap
$1.11B
P/E Ratio
29.96
Dividend/share
$1.3
EPS
$2.07
Enterprise value
$1.54B
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 16% below its 5-year quarterly average of 35.8 and 3.4% below its last 4 quarters average of 31.0
The gross profit is up by 7% since the previous quarter and by 6% year-on-year
The quick ratio has soared by 134% YoY but it has contracted by 3.5% from the previous quarter
The company's debt rose by 11% YoY and by 3.1% QoQ
Key stats
What are the main financial stats of MSEX
Market
Valuations
Earnings
Shares outstanding
17.83M
Market cap
$1.11B
Enterprise value
$1.54B
Price to earnings (P/E)
29.96
Price to book (P/B)
2.55
Price to sales (P/S)
6.32
EV/EBIT
27.01
EV/EBITDA
18.12
EV/Sales
8.78
Revenue
$174.99M
EBIT
$56.9M
EBITDA
$84.8M
Free cash flow
-$26.91M
Per share
Balance sheet
Liquidity
EPS
$2.07
Free cash flow per share
-$1.51
Book value per share
$24.28
Revenue per share
$9.81
TBVPS
$71.49
Total assets
$1.27B
Total liabilities
$841.76M
Debt
$438.94M
Equity
$432.88M
Working capital
-$13.98M
Debt to equity
1.01
Current ratio
0.9
Quick ratio
0.82
Net debt/EBITDA
5.08
Margins
Efficiency
Dividend
EBITDA margin
48.5%
Gross margin
40.6%
Net margin
21.1%
Operating margin
26.4%
Return on assets
2.9%
Return on equity
8.7%
Return on invested capital
3.7%
Return on capital employed
5%
Return on sales
32.5%
Dividend yield
2.1%
DPS
$1.3
Payout ratio
62.8%
MSEX stock price
How has the Middlesex Water stock price performed over time
Intraday
-1.4%
1 week
-1.57%
1 month
1.32%
1 year
-13.94%
YTD
-5.49%
QTD
18.68%
Financial performance
How have Middlesex Water's revenue and profit performed over time
Revenue
$174.99M
Gross profit
$70.97M
Operating income
$46.25M
Net income
$36.98M
Gross margin
40.6%
Net margin
21.1%
MSEX's operating income is up by 11% since the previous quarter and by 8% year-on-year
Middlesex Water's operating margin has increased by 7% QoQ and by 3.1% YoY
The gross profit is up by 7% since the previous quarter and by 6% year-on-year
The company's net margin fell by 5% YoY
Growth
What is Middlesex Water's growth rate over time
Valuation
What is Middlesex Water stock price valuation
P/E
29.96
P/B
2.55
P/S
6.32
EV/EBIT
27.01
EV/EBITDA
18.12
EV/Sales
8.78
MSEX's P/E is 16% below its 5-year quarterly average of 35.8 and 3.4% below its last 4 quarters average of 31.0
The P/B is 29% below the 5-year quarterly average of 3.6 but 2% above the last 4 quarters average of 2.5
The company's equity rose by 5% YoY
The stock's price to sales (P/S) is 29% less than its 5-year quarterly average of 8.9
Middlesex Water's revenue has increased by 4.5% YoY and by 3.8% from the previous quarter
Efficiency
How efficient is Middlesex Water business performance
The ROA has contracted by 15% YoY and by 3.3% from the previous quarter
Middlesex Water's ROIC has increased by 9% from the previous quarter
Middlesex Water's ROS has increased by 7% YoY and by 6% from the previous quarter
MSEX's ROE is down by 5% YoY
Dividends
What is MSEX's dividend history
DPS
$1.3
Dividend yield
2.1%
Payout ratio
62.8%
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 51% greater than the total liabilities
The quick ratio has soared by 134% YoY but it has contracted by 3.5% from the previous quarter
Middlesex Water's current ratio has soared by 96% YoY but it has decreased by 5% from the previous quarter
The company's debt rose by 11% YoY and by 3.1% QoQ
The company's equity rose by 5% YoY
All financial data is based on trailing twelve months (TTM) periods - updated quarterly, unless otherwise
specified. Data from 
and Sharadar.