Company Valuation: California Water Service Group

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 3,780 3,325 2,993 2,696 2,582 2,975 - -
Change - -12.06% -9.96% -9.94% -4.22% 15.23% - -
Enterprise Value (EV) 3,780 4,388 4,187 2,696 2,582 2,975 2,975 2,975
Change - 16.08% -4.58% -35.62% -4.22% 15.23% 0% 0%
P/E 36.7x 34.3x 57x 13.9x 20.2x 20.3x 18x 16.9x
PBR - 2.56x 2.09x - - - - -
PEG - -3.54x -1.2x 0x -0.6x 1.5x 1.4x 2.67x
Capitalization / Revenue 4.78x 3.93x 3.77x 2.6x 2.58x 2.68x 2.57x 2.43x
EV / Revenue 0x 0x 0x 0x 0x 2.68x 2.57x 2.43x
EV / EBITDA 0x 0x 0x 0x 0x 7.62x 6.67x 5.74x
EV / EBIT 0x 0x 0x 0x 0x 12.7x 11.1x 9.45x
EV / FCF - - - - - - - -
FCF Yield - - - - - - - -
Dividend per Share 2 0.92 1 1.04 1.12 1.24 1.34 1.448 1.57
Rate of return 1.28% 1.65% 2.01% 2.47% 2.86% 2.69% 2.91% 3.16%
EPS 2 1.96 1.77 0.91 3.25 2.15 2.45 2.76 2.935
Distribution rate 46.9% 56.5% 114% 34.5% 57.7% 54.7% 52.5% 53.5%
Net sales 1 790.9 846.4 794.6 1,037 1,000 1,109 1,158 1,224
EBITDA 1 238.3 245.5 183.2 395.1 336.4 390.5 446.1 518
EBIT 1 129.6 130.9 61.95 261 189.9 234.5 268.1 315
Net income 1 101.1 96.01 51.91 190.8 128.2 156.2 174.6 187
Net Debt - 1,064 1,194 - - - - -
Reference price 2 71.86 60.64 51.87 45.33 43.33 49.71 49.71 49.71
Nbr of stocks (in thousands) 52,608 54,824 57,711 59,473 59,591 59,853 - -
Announcement Date 2/24/22 3/1/23 2/29/24 2/27/25 2/25/26 - - -
1USD in Million2USD
Estimates

P/E, Detailed evolution

P/E (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
20.04x - - 2.73% 2.94B
16.01x5.87x9.26x2.75% 20.51B
13.82x7.31x12.26x4.15% 13.29B
17.71x6.55x13.14x4.4% 11.94B
17.27x7.89x13.65x3.66% 10.93B
23.23x - - 2.48% 3.29B
10.73x - - - 3.01B
20.08x5.26x12.64x6.42% 2.97B
9.26x - - - 2.93B
7.95x - - 3.82% 2.49B
Average 15.61x 6.58x 12.19x 3.8% 7.43B
Weighted average by Cap. 15.97x 6.67x 11.68x 3.64%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA

Year-on-year evolution of the Yield

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  3. CWT Stock
  4. Valuation California Water Service Group