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20.4 (1y: +16%)
Market Cap 973.67 M P/E(ttm) 18.40
Enterprise Value 1.42 B P/B 1.80
CWT- NYSE (USA)
California Water Service Group
  • Currently 2/5
Business Predictability Rank: 2-Star
Back Testing Results:
Average gain of all 2-Star stocks: 6% per year.
% of Stocks that are in still loss if held for 10yrs: 16%.
Read more:
What is Predictability Rank?
Performances of real portfolio
Top Ranked Predictable Companies
$20.40
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GuruFocus Financial Strength Rank measures how strong a company’s financial situation is. It is based on these factors

1. The debt burden that the company has as measured by its Interest coverage (current year).
2. Debt to revenue ratio. The lower, the better
3. Altman Z-score.

A company ranks high with financial strength is likely to withstand any business slowdowns and recessions.

Financial Strength : 4/10

vs
industry		 vs
history
Cash to Debt 0.068
CWT's Cash to Debt is ranked lower than
68% of the 289 Companies
in the Global Utilities - Regulated Water industry.

( Industry Median: 0.14 vs. CWT: 0.068 )
CWT' s 10-Year Cash to Debt Range
Min: 0   Max: 0.21
Current: 0.07
0
0.21
Equity to Asset 0.236
CWT's Equity to Asset is ranked lower than
65% of the 289 Companies
in the Global Utilities - Regulated Water industry.

( Industry Median: 0.29 vs. CWT: 0.236 )
CWT' s 10-Year Equity to Asset Range
Min: 0.24   Max: 0.33
Current: 0.24
0.24
0.33
Interest Coverage 2.6
CWT's Interest Coverage is ranked lower than
54% of the 289 Companies
in the Global Utilities - Regulated Water industry.

( Industry Median: 6.50 vs. CWT: 2.6 )
CWT' s 10-Year Interest Coverage Range
Min: 2   Max: 5
Current: 2.6
2
5
F-Score: 7
Z-Score: 0.82
M-Score: -2.21
GuruFocus Profitability Rank ranks how profitable a company is and how likely the company’s business will stay that way. It is based on these factors:

1. Operating Margin
2. Trend of the Operating Margin (5-year average). The company with an uptrend profit margin has a higher rank.
••3. Consistency of the profitability
4. Piotroski F-Score
5. Predictability Rank•

The maximum rank is 10. A rank of 7 or higher means a higher profitability and may stay that way. A rank of 3 or lower indicates that the company has had trouble to make a profit.

Profitability Rank is not directly related to the Financial Strength Rank. But if a company is consistently profitable, its financial strength will be stronger.

Profitability & Growth : 6/10

vs
industry		 vs
history
Operating margin (%) 13.20
CWT's Operating margin (%) is ranked higher than
74% of the 289 Companies
in the Global Utilities - Regulated Water industry.

( Industry Median: 10.10 vs. CWT: 13.20 )
CWT' s 10-Year Operating margin (%) Range
Min: 12.9   Max: 20.7
Current: 13.2
12.9
20.7
Net-margin (%) 8.7
CWT's Net-margin (%) is ranked higher than
84% of the 289 Companies
in the Global Utilities - Regulated Water industry.

( Industry Median: 5.70 vs. CWT: 8.7 )
CWT' s 10-Year Net-margin (%) Range
Min: 6.1   Max: 9.7
Current: 8.7
6.1
9.7
ROE (%) 10.3
CWT's ROE (%) is ranked higher than
95% of the 289 Companies
in the Global Utilities - Regulated Water industry.

( Industry Median: 7.20 vs. CWT: 10.3 )
CWT' s 10-Year ROE (%) Range
Min: 6.7   Max: 11
Current: 10.3
6.7
11
ROA (%) 2.4
CWT's ROA (%) is ranked higher than
87% of the 289 Companies
in the Global Utilities - Regulated Water industry.

( Industry Median: 2.40 vs. CWT: 2.4 )
CWT' s 10-Year ROA (%) Range
Min: 2   Max: 3.4
Current: 2.4
2
3.4
ROC (Joel Greenblatt) (%) 5.10
CWT's ROC (Joel Greenblatt) (%) is ranked higher than
70% of the 289 Companies
in the Global Utilities - Regulated Water industry.

( Industry Median: 6.80 vs. CWT: 5.10 )
CWT' s 10-Year ROC (Joel Greenblatt) (%) Range
Min: 4.8   Max: 8.7
Current: 5.1
4.8
8.7
Revenue Growth (%) 5.4
CWT's Revenue Growth (%) is ranked higher than
91% of the 289 Companies
in the Global Utilities - Regulated Water industry.

( Industry Median: -1.10 vs. CWT: 5.4 )
CWT' s 10-Year Revenue Growth (%) Range
Min: -0.2   Max: 5.7
Current: 5.4
-0.2
5.7
EBITDA Growth (%) 6.8
CWT's EBITDA Growth (%) is ranked higher than
71% of the 289 Companies
in the Global Utilities - Regulated Water industry.

( Industry Median: 1.70 vs. CWT: 6.8 )
CWT' s 10-Year EBITDA Growth (%) Range
Min: -0.7   Max: 7.9
Current: 6.8
-0.7
7.9
EPS Growth (%) 4.7
CWT's EPS Growth (%) is ranked higher than
58% of the 289 Companies
in the Global Utilities - Regulated Water industry.

( Industry Median: 3.55 vs. CWT: 4.7 )
CWT' s 10-Year EPS Growth (%) Range
Min: -4.9   Max: 10.8
Current: 4.7
-4.9
10.8
» CWT's 10-Y Financials

Financials


Revenue & Net Income
Cash & Debt
Oprt. Cash Flow & Free Cash Flow

» Details

Guru Trades
Q2 2012

CWT Guru Trades in Q2 2012

Paul Tudor Jones 26,700 sh (+66.88%)
Jim Simons 70,500 sh (+11.02%)
» More
Q3 2012

CWT Guru Trades in Q3 2012

Paul Tudor Jones 17,000 sh (-36.33%)
Jim Simons 16,000 sh (-77.3%)
» More
Q4 2012

CWT Guru Trades in Q4 2012

John Buckingham 117,092 sh (New)
Jim Simons Sold Out
Paul Tudor Jones Sold Out
» More
Q1 2013

CWT Guru Trades in Q1 2013

Paul Tudor Jones 45,950 sh (New)
Louis Moore Bacon 30,000 sh (New)
Jim Simons 99,100 sh (New)
John Buckingham 122,036 sh (+4.22%)
» More
» Details

Insider Trades

Latest Guru Trades with CWT

GuruDate Trades Impact to Portfolio Price Range * (?) Current Price Change from Average Current Shares
Mario Gabelli 2011-03-31 Sold Out $17.38 - $19.05 $ 20.412%0
Premium More recent guru trades are included for Premium Members only!!

Top Ranked Articles about California Water Service Group

Weekly CEO Buys Highlight: DRC, CWT, MTG, EXAM, SBY
March 10, 2013
According to GuruFocus Insider Data, these are the largest CEO buys during the past week. The overall trend of CEOs is illustrated in the chart below: Read more...
Big Day for Insider Buys in California Water
March 7, 2013
- Big Day For Insider Buys In California Water
March 5 was a big day for California Water Service Group (CWT) with 19 upper management and directors buying a total of over 690,000 shares. The total value of this insider cluster amounts to $1,424,718. Read more...

Ratios

vs
industry		 vs
history
P/E(ttm) 18.40
CWT's P/E(ttm) is ranked higher than
63% of the 289 Companies
in the Global Utilities - Regulated Water industry.

( Industry Median: 18.90 vs. CWT: 18.40 )
CWT' s 10-Year P/E(ttm) Range
Min: 15.36   Max: 34.02
Current: 18.4
15.36
34.02
P/B 1.80
CWT's P/B is ranked lower than
53% of the 289 Companies
in the Global Utilities - Regulated Water industry.

( Industry Median: 1.60 vs. CWT: 1.80 )
CWT' s 10-Year P/B Range
Min: 1.45   Max: 2.85
Current: 1.8
1.45
2.85
P/S 1.54
CWT's P/S is ranked lower than
57% of the 289 Companies
in the Global Utilities - Regulated Water industry.

( Industry Median: 1.30 vs. CWT: 1.54 )
CWT' s 10-Year P/S Range
Min: 1.34   Max: 2.57
Current: 1.54
1.34
2.57
PFCF 85.40
CWT's PFCF is ranked lower than
83% of the 289 Companies
in the Global Utilities - Regulated Water industry.

( Industry Median: 23.53 vs. CWT: 85.40 )
CWT' s 10-Year PFCF Range
Min: 85.4   Max: 203
Current: 85.4
85.4
203
EV-to-EBIT 19.2
CWT's EV-to-EBIT is ranked higher than
57% of the 289 Companies
in the Global Utilities - Regulated Water industry.

( Industry Median: 15.54 vs. CWT: 19.2 )
CWT' s 10-Year EV-to-EBIT Range
Min: 10.7   Max: 21.1
Current: 19.2
10.7
21.1
PEG 6.1
CWT's PEG is ranked higher than
81% of the 289 Companies
in the Global Utilities - Regulated Water industry.

( Industry Median: 2.30 vs. CWT: 6.1 )
CWT' s 10-Year PEG Range
Min: 3.34   Max: 16.57
Current: 6.1
3.34
16.57
Shiller P/E 20.5
CWT's Shiller P/E is ranked higher than
68% of the 289 Companies
in the Global Utilities - Regulated Water industry.

( Industry Median: 14.14 vs. CWT: 20.5 )
CWT' s 10-Year Shiller P/E Range
Min: 17.28   Max: 33.35
Current: 20.5
17.28
33.35

Dividend & Buy Back

vs
industry		 vs
history
Dividend Yield 3.11
CWT's Dividend Yield is ranked higher than
63% of the 289 Companies
in the Global Utilities - Regulated Water industry.

( Industry Median: 3.00 vs. CWT: 3.11 )
CWT' s 10-Year Dividend Yield Range
Min: 2.53   Max: 4.91
Current: 3.11
2.53
4.91
Dividend Payout 0.5691
CWT's Dividend Payout is ranked higher than
95% of the 289 Companies
in the Global Utilities - Regulated Water industry.

( Industry Median: 0.72 vs. CWT: 0.5691 )
CWT' s 10-Year Dividend Payout Range
Min: 0.54   Max: 1.14
Current: 0.57
0.54
1.14
Dividend growth (3y) 1.7
CWT's Dividend growth (3y) is ranked higher than
78% of the 289 Companies
in the Global Utilities - Regulated Water industry.

( Industry Median: 1.30 vs. CWT: 1.7 )
CWT' s 10-Year Dividend growth (3y) Range
Min: 0.3   Max: 1.7
Current: 1.7
0.3
1.7
Yield on cost (5-Year) 3.41
CWT's Yield on cost (5-Year) is ranked higher than
65% of the 289 Companies
in the Global Utilities - Regulated Water industry.

( Industry Median: 3.18 vs. CWT: 3.41 )
CWT' s 10-Year Yield on cost (5-Year) Range
Min: 2.78   Max: 5.39
Current: 3.41
2.78
5.39
Share Buyback Rate -0.2
CWT's Share Buyback Rate is ranked higher than
82% of the 289 Companies
in the Global Utilities - Regulated Water industry.

( Industry Median: -1.30 vs. CWT: -0.2 )
CWT' s 10-Year Share Buyback Rate Range
Min: -0.2   Max: -4.9
Current: -0.2

Valuation & Return

vs
industry		 vs
history
Price/Net Current Asset Value 19.4
CWT's Price/Net Current Asset Value is ranked higher than
79% of the 289 Companies
in the Global Utilities - Regulated Water industry.

( Industry Median: 12.20 vs. CWT: 19.4 )
CWT' s 10-Year Price/Net Current Asset Value Range
Min: 17.5   Max: 95.6
Current: 19.4
17.5
95.6
Price/Tangible Book 1.8
CWT's Price/Tangible Book is ranked higher than
57% of the 289 Companies
in the Global Utilities - Regulated Water industry.

( Industry Median: 1.90 vs. CWT: 1.8 )
CWT' s 10-Year Price/Tangible Book Range
Min: 1.6   Max: 2.5
Current: 1.8
1.6
2.5
Price/DCF (Projected) 4.3
CWT's Price/DCF (Projected) is ranked higher than
100% of the 289 Companies
in the Global Utilities - Regulated Water industry.

( Industry Median: 1.30 vs. CWT: 4.3 )
CWT' s 10-Year Price/DCF (Projected) Range
Min: 9.8   Max: 85.6
Current: 4.3
9.8
85.6
Price/Median PS Value 0.9
CWT's Price/Median PS Value is ranked higher than
55% of the 289 Companies
in the Global Utilities - Regulated Water industry.

( Industry Median: 1.00 vs. CWT: 0.9 )
CWT' s 10-Year Price/Median PS Value Range
Min: 0.8   Max: 1.4
Current: 0.9
0.8
1.4
Price/Graham Number 1.2
CWT's Price/Graham Number is ranked higher than
52% of the 289 Companies
in the Global Utilities - Regulated Water industry.

( Industry Median: 1.20 vs. CWT: 1.2 )
CWT' s 10-Year Price/Graham Number Range
Min: 1.1   Max: 1.7
Current: 1.2
1.1
1.7
Earnings Yield (Greenblatt) 5.20
CWT's Earnings Yield (Greenblatt) is ranked higher than
79% of the 289 Companies
in the Global Utilities - Regulated Water industry.

( Industry Median: 6.00 vs. CWT: 5.20 )
CWT' s 10-Year Earnings Yield (Greenblatt) Range
Min: 4.7   Max: 9.4
Current: 5.2
4.7
9.4
Forward Rate of Return (Yacktman) -1.14
CWT's Forward Rate of Return (Yacktman) is ranked higher than
74% of the 289 Companies
in the Global Utilities - Regulated Water industry.

( Industry Median: 2.08 vs. CWT: -1.14 )
CWT' s 10-Year Forward Rate of Return (Yacktman) Range
Min: -4.5   Max: 3
Current: -1.14
-4.5
3

Business Description

California Water Service Group was incorporated in the State of Delaware. It operates as a holding company with six operating subsidiaries: California Water Service Company, New Mexico Water Service Company, Washington Water Service Company Hawaii Water Service Company, Inc., and CWS Utility Services and HWS Utility Services LLC and HWS Utility Services LLC. The regulated utility entities also provide some non-regulated services. Utility Services provides non-regulated services to private companies and municipalities. The Company's business is conducted through its operating subsidiaries. The bulk of the business consists of the production, purchase, storage, treatment, testing, distribution and sale of water for domestic, industrial, public and irrigation uses, and for fire protection. It also provides non-regulated water-related services under agreements with municipalities and other private companies. The non-regulated services include full water system operation, billing and meter reading services. Non-regulated operations also include the lease of communication antenna sites, lab services, and promotion of other non-regulated services. It operates mainly in one business segment, the supply and distribution of water and providing water-related utility services. The Company's water operations are conducted by the Cal Water and CWS Utility Services entities, which provide service to 467,100 customers in 83 California communities through 26 separate districts. Hawaii Water provides service to approximately 4,200 water and wastewater customers on the islands of Maui and Hawaii, including several large resorts and condominium complexes. Washington Water provides domestic water service to approximately 15,600 customers in the Tacoma and Olympia areas. New Mexico Water provides service to approximately 7,800 water and wastewater customers in the Belen, Los Lunas and Elephant Butte areas in New Mexico. Under other contract arrangements, it operates municipally owned water systems, privately owned water systems, and recycled water distribution systems, but is not responsible for all operating costs. Non-regulated revenue received from water system operations is generally determined on a fee-per-customer basis. Non-regulated activities consist mainly of: operating water systems, which are owned by other entities; providing meter reading and billing services; leasing communication antenna sites on its properties; operating recycled water systems; providing lab services for water quality testing; marketing and billing of optional third party insurance program to its residential customers; selling surplus property, and other services as requested by the client. The Company's operations are subject to environmental regulation by various governmental authorities.
Company Website
SEC Reports
Industry: Utilities - Regulated Water
Compare:UUGRY, WTR, PEGRY, KTWIF, CSMQY
Traded in other countries:WT5.Germany
» More Articles for CWT

Headlines

Articles On GuruFocus.com
Top Three 'Insider Cluster' Jams Mar 19 2013 
Weekly CEO Buys Highlight: DRC, CWT, MTG, EXAM, SBY Mar 10 2013 
Big Day for Insider Buys in California Water Mar 07 2013 
12 of the Safest Dividend Achievers with 'Buy' or Better Ratings Jan 31 2012 
High Yield Stocks Boosting Distributions Jan 30 2012 
The Safest Dividend Achievers with Highest Yield and Buy Recommendation Jan 30 2012 
Water Utilities with Best Dividend Yield – Theme of the Next Decade? Sep 09 2011 
Dividend Roundup: PetSmart, American Water, Newcastle, CreXus Jun 17 2011 
20 Dividend Standouts Currently Cheaper Than Pandora Jun 17 2011 
19 High-Quality Dividend Stocks Cheaper Than LinkedIn May 19 2011 

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