American States Water vs Middlesex Water
AWR and MSEX side by side, both in water supply. Figures are trailing twelve months unless noted, from SEC filings and end-of-day prices.
How AWR and MSEX compare
American States Water is the larger company, worth 3.2 times as much as Middlesex Water ($3.4B against $1.1B).
On earnings, Middlesex Water is cheaper: it trades at 20.5× trailing earnings, against 23.6× for American States Water.
American States Water grew revenue faster over the last twelve months (13.2% versus 8.9% for Middlesex Water).
Middlesex Water keeps more of each dollar of sales as profit, with a net margin of 24.5% compared with 20.5% at American States Water.
Both pay dividends: American States Water yields 2.4% and Middlesex Water 2.5%.
American States Water scores higher on the StockData Score (15 against 14 for Middlesex Water), which adds up 30 checks on valuation, growth, past performance, financial health and dividends.
Key numbers
A dot marks the better figure where higher or lower is clearly better.
| Metric | AWR | MSEX |
|---|---|---|
| Size and price | ||
| Market cap | $3.4B | $1.1B |
| Share price | $86.32 | $56.79 |
| Change, 1 year | 18.8% | −2.1% |
| Change, 5 years | −8.4% | −45.1% |
| Beta (5Y) | 0.31 | 0.32 |
| Employees | 900 | 395 |
| StockData Score | ||
| Total score | 15 (better) | 14 |
| Valuation score | 2 | 4 (better) |
| Growth score | 4 (better) | 2 |
| Performance score | 4 | 4 |
| Health score | 2 (better) | 1 |
| Dividend score | 3 | 3 |
| Valuation | ||
| P/E | 23.6× | 20.5× (better) |
| P/S | 4.9× (better) | 5.0× |
| P/B | 3.1× | 2.0× (better) |
| EV/EBITDA | 15.1× (better) | 15.3× |
| P/FCF | 165× | – |
| PEG | 1.40 | – |
| FCF yield | 0.61% | – |
| Fair value | $79.63 | $64.50 |
| Margin of safety | −8.4% | 12.0% (better) |
| Growth | ||
| Revenue growth (TTM) | 13.2% (better) | 8.9% |
| Revenue growth, 5Y average | 6.2% | 6.6% (better) |
| Net income growth (TTM) | 14.7% | 20.9% (better) |
| EPS growth (TTM) | 12.0% | 15.9% (better) |
| EPS growth, 5Y average | 7.7% (better) | 1.6% |
| Profitability | ||
| Gross margin | 90.1% | – |
| Operating margin | 31.8% (better) | 30.5% |
| Net margin | 20.5% | 24.5% (better) |
| FCF margin | 3.0% | – |
| Return on equity | 13.7% (better) | 10.1% |
| Return on invested capital | 9.5% (better) | 6.5% |
| Financial health | ||
| Debt / equity | 0.64 (better) | 0.73 |
| Net debt / EBITDA | 2.56 (better) | 4.14 |
| Interest coverage | 4.7× (better) | 4.3× |
| Current ratio | 0.98 (better) | 0.51 |
| Altman Z-score | 2.08 (better) | 1.18 |
| Piotroski F-score | 4 | 4 |
| Dividends and buybacks | ||
| Dividend yield | 2.4% | 2.5% (better) |
| Payout ratio | 54.8% | 51.6% |
| Years of dividend growth | 16 | 16 |
| Dividend growth, 5Y average | 8.7% (better) | 5.8% |
| Buyback yield | −2.4% (better) | −3.6% |
| Shareholder yield | 0.01% (better) | −1.1% |
| Ownership | ||
| Held by institutions | 83.1% | 83.3% |
| Held by insiders | 1.0% | 1.8% |
| Insider net buying, 12 months | −$247K | $16.3K (better) |
| Short interest, % of float | 2.5% | – |
Go deeper
- AWR stock overview
- AWR income statement
- AWR valuation and score
- MSEX stock overview
- MSEX income statement
- MSEX valuation and score
For information only, not investment advice. Check the source filings before relying on any figure.