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Middlesex Water Company

Middlesex Water Company

MSEX
Middlesex Water CompanyUS flagNASDAQ Global Select
58.26
USD
-0.22
- -
1.10BMarket Cap

Total Valuation

Middlesex Water Company carries a market capitalization of 1.10B, placing it among publicly traded companies globally. Its enterprise value stands at 1.50B, reflecting the total theoretical takeover cost after accounting for cash holdings and debt obligations.

Market Cap1.10B
Enterprise Value1.50B

Share Statistics

Middlesex Water Company currently has 18.84M shares outstanding.

Shares Outstanding18.84M
Owned by Insiders (%)N/A
Owned by Institutions (%)N/A

Valuation Ratios

Middlesex Water Company trades at a trailing price-to-earnings ratio of 21.64. The price-to-sales ratio is 5.02, and the price-to-book ratio stands at 2.03.

PE Ratio21.64
PS Ratio5.02
PB Ratio2.03
P/TBV Ratio2.03
P/FCF Ratio17.69
P/OCF Ratio17.66

Enterprise Valuation

On an enterprise value basis, Middlesex Water Company trades at an EV/EBITDA multiple of 16.20 and an EV/FCF ratio of 20.70. The EV/Sales ratio of 7.26 reflects the premium investors are willing to pay for the company's revenue stream, while the EV/EBIT multiple of 24.84 provides insight into valuation relative to core operating earnings.

EV / Sales7.26
EV / EBITDA16.20
EV / EBIT24.84
EV / FCF20.70

Financial Position

Middlesex Water Company maintains a current ratio of 0.50, meaning it holds 0.5x the short-term assets needed to cover near-term liabilities. The debt-to-equity ratio is 83.98, indicating elevated leverage, while an interest coverage ratio of 6.08 demonstrates adequate ability to service its debt obligations.

Current Ratio0.50
Quick Ratio0.34
Debt / Equity83.98
Debt / EBITDA4.75
Interest Coverage6.08

Financial Efficiency

Middlesex Water Company posts a return on equity of 9.78 and a return on invested capital of 5.81.

Return on Equity (ROE)9.78
Return on Assets (ROA)3.50
Return on Invested Capital (ROIC)5.81
Return on Capital Employed (ROCE)6.71
Revenue Per EmployeeN/A
Employee CountN/A
Inventory Turnover12.01

Taxes

Over the trailing twelve months, Middlesex Water Company has paid 5.33M in income taxes, reflecting an effective tax rate of 10.00.

Income Tax5.33M
Effective Tax Rate10.00

Stock Price Statistics

Middlesex Water Company's stock has gained approximately 9.40845% over the past 52 weeks. The 50-day moving average sits at 57.14, while the 200-day moving average is 53.49.

Beta (5Y)N/A
52-Week Price Change9.40845%
50-Day Moving Average57.14
200-Day Moving Average53.49
Average Volume (20 Days)N/A

Income Statement

Over the trailing twelve months, Middlesex Water Company generated 206.14M in revenue and converted that into 47.94M in net income, yielding earnings per share of 2.59. EBITDA reached 92.39M, while operating income came in at 60.24M.

Revenue206.14M
Gross Profit110.61M
Operating Income60.24M
Pretax Income53.27M
Net Income47.94M
EBITDA92.39M
EBIT60.24M
Earnings Per Share (EPS)2.59

Balance Sheet

Middlesex Water Company holds 1.80M in cash and equivalents against 438.75M in total debt, resulting in a net debt position of 435.45M. Total book value stands at 521.09M, with working capital of -52.67M providing operational flexibility.

Cash & Cash Equivalents1.80M
Total Debt438.75M
Net Debt435.45M
Equity (Book Value)521.09M
Book Value Per Share27.65
Working Capital-52.67M

Cash Flow

Middlesex Water Company produced 58.64M in operating cash flow over the past twelve months.

Operating Cash Flow58.64M
Capital ExpendituresN/A
Free Cash Flow58.64M
FCF Per Share3.18

Margins

Middlesex Water Company operates with a gross margin of 53.66, reflecting its pricing power and cost economics. The operating margin of 29.22 and net profit margin of 23.26 provide insight into operational efficiency.

Gross Margin53.66
Operating Margin29.22
Pretax Margin25.84
Profit Margin23.26
EBITDA Margin44.82

Dividends & Yields

The company's payout ratio of 54.56 indicates the proportion of earnings distributed to shareholders.

Dividend Per Share1.42
Dividend YieldN/A
Payout Ratio54.56
Shareholder Yield-3.77
FCF Yield5.65

Stock Splits

Middlesex Water Company's most recent stock split took place on November 17, 2003 with a 3:4 split ratio.

Last Split Date11/17/2003
Split Ratio3:4

Scores

Middlesex Water Company posts an Altman Z-Score of 1.17, below the 3.0 threshold that indicates strong financial health and minimal bankruptcy risk.

Altman Z-Score1.17