MSEX Middlesex Water Co

  1. Stocks
  2. Utilities
  3. NASDAQ: MSEX

Price (delayed)

$63.82

Market cap

$1.14B

P/E Ratio

34.5

Dividend/share

$1.26

EPS

$1.85

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
The quick ratio has soared by 197% from the previous quarter
Middlesex Water's revenue has increased by 6% YoY
The company's net income fell by 23% YoY and by 12% QoQ
Middlesex Water's EPS has decreased by 23% YoY and by 12% from the previous quarter
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
17.81M
Market cap
$1.14B
Enterprise value
$1.54B
Valuations
Price to earnings (P/E)
34.5
Price to book (P/B)
2.7
Price to sales (P/S)
6.81
EV/EBIT
33.22
EV/EBITDA
20.32
EV/Sales
9.25
Earnings
Revenue
$166.5M
EBIT
$46.38M
EBITDA
$75.82M
Free cash flow
-$41.36M
Per share
EPS
$1.85
Free cash flow per share
-$2.33
Book value per share
$23.64
Revenue per share
$9.38
TBVPS
$70.02
Balance sheet
Total assets
$1.24B
Total liabilities
$823.83M
Debt
$407.19M
Equity
$419.58M
Working capital
$14.46M
Liquidity
Debt to equity
0.97
Current ratio
1.12
Quick ratio
1.04
Net debt/EBITDA
5.33
Margins
EBITDA margin
45.5%
Gross margin
38.2%
Net margin
19.8%
Operating margin
23.5%
Efficiency
Return on assets
2.9%
Return on equity
8%
Return on invested capital
3.3%
Return on capital employed
4.1%
Return on sales
27.9%
Dividend
Dividend yield
1.98%
DPS
$1.26
Payout ratio
68.3%

MSEX stock price

How has the Middlesex Water stock price performed over time
Intraday
0.05%
1 week
-2.31%
1 month
0.5%
1 year
-29.8%
YTD
-18.88%
QTD
-3.67%

Financial performance

How have Middlesex Water's revenue and profit performed over time
Revenue
$166.5M
Gross profit
$63.6M
Operating income
$39.13M
Net income
$32.93M
Gross margin
38.2%
Net margin
19.8%
The company's net margin fell by 27% YoY and by 11% QoQ
The company's net income fell by 23% YoY and by 12% QoQ
MSEX's operating income is down by 9% since the previous quarter and by 2.9% year-on-year
Middlesex Water's operating margin has decreased by 8% QoQ and by 8% YoY

Growth

What is Middlesex Water's growth rate over time

Valuation

What is Middlesex Water stock price valuation
MSEX P/E details
P/E
34.5
P/B
2.7
P/S
6.81
EV/EBIT
33.22
EV/EBITDA
20.32
EV/Sales
9.25
Middlesex Water's EPS has decreased by 23% YoY and by 12% from the previous quarter
MSEX's P/E is 5% below its last 4 quarters average of 36.3 and 2.8% below its 5-year quarterly average of 35.5
The P/B is 29% below the 5-year quarterly average of 3.8 and 18% below the last 4 quarters average of 3.3
The company's equity rose by 5% YoY
The stock's price to sales (P/S) is 24% less than its 5-year quarterly average of 9.0 and 16% less than its last 4 quarters average of 8.1
Middlesex Water's revenue has increased by 6% YoY

Efficiency

How efficient is Middlesex Water business performance
The ROA has contracted by 29% YoY and by 15% from the previous quarter
MSEX's ROE is down by 28% YoY and by 13% QoQ
Middlesex Water's ROIC has decreased by 18% YoY and by 11% from the previous quarter
Middlesex Water's ROS has decreased by 16% YoY and by 8% from the previous quarter

Dividends

What is MSEX's dividend history
DPS
$1.26
Dividend yield
1.98%
Payout ratio
68.3%
Recent dividends

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 197% from the previous quarter
Middlesex Water's current ratio has soared by 149% YoY and by 143% from the previous quarter
The company's debt is 3% lower than its equity
The company's debt rose by 15% YoY and by 3.1% QoQ
The company's debt to equity rose by 9% YoY

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