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Middlesex Water Co MSEX

Morningstar Rating
$53.85 −1.20 (2.18%)
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About Quantitative Ratings

Morningstar Quantitative Ratings for Stocks are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings. Companies with quantitative ratings are not formally covered by a Morningstar analyst, but are statistically matched to analyst-rated companies, allowing our models to calculate a quantitative moat, fair value, and uncertainty rating.

Price vs Fair Value

MSEX is trading at a 511% premium.
Price
$53.73
Fair Value
$23.58
Uncertainty
High
1-Star Price
$55.63
5-Star Price
$44.50
Economic Moat
Vvfm
Capital Allocation
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News

Trading Information

Previous Close Price
$55.05
Day Range
$53.5055.37
52-Week Range
$45.4284.38
Bid/Ask
$53.43 / $54.28
Market Cap
$960.07 Mil
Volume/Avg
105,422 / 132,997

Key Statistics

Price/Earnings (Normalized)
26.66
Price/Sales
5.71
Dividend Yield (Trailing)
2.34%
Dividend Yield (Forward)
2.36%
Total Yield
2.34%

Company Profile

Middlesex Water Co owns and operates regulated water utility and wastewater systems in the U.S. The firm primarily operates in the eastern states of New Jersey, Delaware, and Pennsylvania. The company has two operating segments, Regulated and Non-Regulated. The regulated business includes collecting and distributing water to residential, commercial, industrial, and fire protection consumers. The non-regulated business includes contract services for the operation of private water and wastewater systems. The majority of the company's revenue is derived from the Regulated segment and from residential customers.
Sector
Utilities
Industry
Utilities - Regulated Water
Stock Style Box
Small Core
Total Number of Employees
355

Comparables

Valuation

Metric
MSEX
YORW
CWT
Price/Earnings (Normalized)
26.6621.3641.03
Price/Book Value
2.242.341.98
Price/Sales
5.717.093.10
Price/Cash Flow
15.8114.579.74
Price/Earnings
MSEX
YORW
CWT

Financial Strength

Metric
MSEX
YORW
CWT
Quick Ratio
0.850.720.32
Current Ratio
0.950.980.56
Interest Coverage
4.114.373.65
Quick Ratio
MSEX
YORW
CWT

Profitability

Metric
MSEX
YORW
CWT
Return on Assets (Normalized)
3.15%3.62%3.26%
Return on Equity (Normalized)
8.99%9.42%9.92%
Return on Invested Capital (Normalized)
5.98%7.18%6.87%
Return on Assets
MSEX
YORW
CWT
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Utilities - Regulated Water Industry Comparables

Ticker
Name
Morningstar Rating for Stocks
Capital Allocation
Economic Moat
Market Cap
AWK
American Water Works Co IncSrpwzkyktPmcxvkt$25.0 Bil
WTRG
Essential Utilities IncYkstwnjrjTxkqmy$10.5 Bil
SBS
Companhia De Saneamento Basico Do Estado De Sao Paulo ADRJyf$10.0 Bil
SVTRF
Severn Trent PLCFtmvbk$9.5 Bil
STRNY
Severn Trent PLC ADRBfpvrq$9.5 Bil
UUGRY
United Utilities Group PLC ADRRvzywgyzdQcz$8.9 Bil
UUGWF
United Utilities Group PLC Class APtdtctpwxMnl$8.7 Bil
GGDVY
Guangdong Investment Ltd ADRWnhxm$4.0 Bil
GGDVF
Guangdong Investment LtdVxgn$3.8 Bil
BJWTY
Beijing Enterprises Water Group Ltd ADRBtk$3.2 Bil

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