Valuation Middlesex Water Company

Stocks

Real-time Estimate Cboe BZX 13:49:32 2026-11-05 EST			5-day change	1st Jan Change
59.72 ^USD	+0.89%		+8.00%	+18.56%

10-29	Earnings Flash (MSEX) Middlesex Water Posts Q3 EPS $0.95, vs. FactSet Est of $0.82	MT
10-29	Earnings Flash (MSEX) Middlesex Water Company Reports Q3 Revenue $60.2M, vs. FactSet Est of $59.9M	MT

Data adjusted to current consolidation scope

Fiscal Period: December	2021	2022	2023	2024	2025	2026	2027	2028
Market Cap ¹	2,105	1,388	1,168	939.7	924.6	1,132	-	-
Change	-	-34.08%	-15.79%	-19.58%	-1.61%	22.48%	-	-
Enterprise Value (EV)	2,105	1,388	1,168	939.7	924.6	1,132	1,132	1,132
Change	-	-34.08%	-15.79%	-19.58%	-1.61%	22.48%	0%	0%
P/E	-	-	-	21.3x	21.4x	22x	20.9x	19x
PBR	-	-	-	-	-	-	-	-
PEG	-	-	-	-	-4.81x	1.6x	3.87x	1.9x
Capitalization / Revenue	14.7x	8.54x	7.03x	4.9x	4.75x	5.18x	4.79x	4.52x
EV / Revenue	0x	0x	0x	0x	0x	5.18x	4.79x	4.52x
EV / EBITDA	-	-	-	0x	0x	11.9x	11.2x	10.5x
EV / EBIT	-	-	-	-	-	-	-	-
EV / FCF	-	-	-	-	-	-	-	-
FCF Yield	-	-	-	-	-	-	-	-
Dividend per Share ²	-	-	-	1.315	1.38	-	-	-
Rate of return	-	-	-	2.5%	2.74%	-	-	-
EPS ²	-	-	-	2.47	2.36	2.685	2.83	3.12
Distribution rate	-	-	-	53.2%	58.5%	-	-	-
Net sales ¹	143.1	162.4	166.3	191.9	194.7	218.8	236.4	250.8
EBITDA ¹	-	-	-	81.25	86.87	95.2	101	108
EBIT	-	-	-	53.21	54.38	-	-	-
Net income ¹	-	-	-	44.24	42.75	54	54	62
Net Debt	-	-	-	-	-	-	-	-
Reference price ²	120.30	78.67	65.62	52.63	50.42	59.20	59.20	59.20
Nbr of stocks (in thousands)	17,497	17,639	17,807	17,855	18,338	19,130	-	-
Announcement Date	2/25/22	2/24/23	2/29/24	2/28/25	2/19/26	-	-	-

¹USD in Million²USD

Estimates

Add to a list 0 selected To use this feature you must be a member Log in Sign up	P/E (Y)	EV / Sales (Y)	EV / EBITDA (Y)	Dividend Yield (Y)	Capi.($)
MIDDLESEX WATER COMPANY	22.05x	-	-	-	1.13B
AMERICAN WATER WORKS COMPANY, INC.	24.67x	8.36x	14.71x	2.35%	29.79B
COMPANHIA DE SANEAMENTO BÁSICO DO ESTADO DE SÃO PAULO - SABESP	14.07x	5.2x	8.8x	3.51%	16.1B
UNITED UTILITIES GROUP PLC	16.16x	7.9x	13.21x	3.57%	15.54B
SEVERN TRENT PLC	21.18x	6.92x	13.92x	3.91%	13.53B
ESSENTIAL UTILITIES, INC.	21.29x	8.85x	15.51x	3.12%	12.81B
GUANGDONG INVESTMENT LIMITED	10.62x	2.93x	5.57x	6.12%	6.69B
EMIRATES CENTRAL COOLING SYSTEMS CORPORATION	14.31x	5.1x	10.66x	5.84%	4.12B
AMERICAN STATES WATER COMPANY	23.91x	-	-	2.37%	3.51B
COMPANHIA DE SANEAMENTO DE MINAS GERAIS	14.81x	3.28x	8.44x	3.77%	3.41B
Average	18.31x	6.07x	11.35x	3.84%	10.66B
Weighted average by Cap.	19.33x	7.00x	12.57x	3.42%