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Middlesex Water Company

Middlesex Water Company

MSEX
Middlesex Water CompanyUS flagNASDAQ Global Select
56.05
USD
-0.74
- -
1.04BMarket Cap

Total Valuation

Middlesex Water Company carries a market capitalization of 1.04B, placing it among publicly traded companies globally. Its enterprise value stands at 1.38B, reflecting the total theoretical takeover cost after accounting for cash holdings and debt obligations.

Market Cap1.04B
Enterprise Value1.38B

Share Statistics

Middlesex Water Company currently has 18.58M shares outstanding.

Shares Outstanding18.58M
Owned by Insiders (%)N/A
Owned by Institutions (%)N/A

Valuation Ratios

Middlesex Water Company trades at a trailing price-to-earnings ratio of 21.66. The price-to-sales ratio is 4.77, and the price-to-book ratio stands at 1.90.

PE Ratio21.66
PS Ratio4.77
PB Ratio1.90
P/TBV Ratio1.90
P/FCF Ratio15.72
P/OCF Ratio15.70

Enterprise Valuation

On an enterprise value basis, Middlesex Water Company trades at an EV/EBITDA multiple of 15.53 and an EV/FCF ratio of 18.66. The EV/Sales ratio of 6.92 reflects the premium investors are willing to pay for the company's revenue stream, while the EV/EBIT multiple of 24.64 provides insight into valuation relative to core operating earnings.

EV / Sales6.92
EV / EBITDA15.53
EV / EBIT24.64
EV / FCF18.66

Financial Position

Middlesex Water Company maintains a current ratio of 0.39, meaning it holds 0.4x the short-term assets needed to cover near-term liabilities. The debt-to-equity ratio is 85.19, indicating elevated leverage, while an interest coverage ratio of 5.99 demonstrates adequate ability to service its debt obligations.

Current Ratio0.39
Quick Ratio0.26
Debt / Equity85.19
Debt / EBITDA4.83
Interest Coverage5.99

Financial Efficiency

Middlesex Water Company posts a return on equity of 9.24 and a return on invested capital of 5.55.

Return on Equity (ROE)9.24
Return on Assets (ROA)3.30
Return on Invested Capital (ROIC)5.55
Return on Capital Employed (ROCE)6.45
Revenue Per EmployeeN/A
Employee CountN/A
Inventory Turnover12.32

Taxes

Over the trailing twelve months, Middlesex Water Company has paid 4.95M in income taxes, reflecting an effective tax rate of 10.11.

Income Tax4.95M
Effective Tax Rate10.11

Stock Price Statistics

Middlesex Water Company's stock has gained approximately 3.26087% over the past 52 weeks. The 50-day moving average sits at 53.46, while the 200-day moving average is 53.20.

Beta (5Y)N/A
52-Week Price Change3.26087%
50-Day Moving Average53.46
200-Day Moving Average53.20
Average Volume (20 Days)N/A

Income Statement

Over the trailing twelve months, Middlesex Water Company generated 199.11M in revenue and converted that into 43.95M in net income, yielding earnings per share of 2.40. EBITDA reached 88.69M, while operating income came in at 55.92M.

Revenue199.11M
Gross Profit105.91M
Operating Income55.92M
Pretax Income48.89M
Net Income43.95M
EBITDA88.69M
EBIT55.92M
Earnings Per Share (EPS)2.40

Balance Sheet

Middlesex Water Company holds 2.04M in cash and equivalents against 428.00M in total debt, resulting in a net debt position of 424.30M. Total book value stands at 501.05M, with working capital of -72.83M providing operational flexibility.

Cash & Cash Equivalents2.04M
Total Debt428.00M
Net Debt424.30M
Equity (Book Value)501.05M
Book Value Per Share27.44
Working Capital-72.83M

Cash Flow

Middlesex Water Company produced 60.55M in operating cash flow over the past twelve months.

Operating Cash Flow60.55M
Capital ExpendituresN/A
Free Cash Flow60.55M
FCF Per Share3.32

Margins

Middlesex Water Company operates with a gross margin of 53.19, reflecting its pricing power and cost economics. The operating margin of 28.09 and net profit margin of 22.07 provide insight into operational efficiency.

Gross Margin53.19
Operating Margin28.09
Pretax Margin24.56
Profit Margin22.07
EBITDA Margin44.54

Dividends & Yields

The company's payout ratio of 58.14 indicates the proportion of earnings distributed to shareholders.

Dividend Per Share1.40
Dividend YieldN/A
Payout Ratio58.14
Shareholder Yield-4.55
FCF Yield6.36

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 1.08, below the 3.0 threshold that indicates strong financial health and minimal bankruptcy risk.

Altman Z-Score1.08