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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 0.03
MSEX's Cash-to-Debt is ranked lower than
87% of the 600 Companies
in the Global Utilities - Regulated Water industry.

( Industry Median: 0.25 vs. MSEX: 0.03 )
Ranked among companies with meaningful Cash-to-Debt only.
MSEX' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.02  Med: 0.04 Max: N/A
Current: 0.03
Equity-to-Asset 0.35
MSEX's Equity-to-Asset is ranked lower than
51% of the 617 Companies
in the Global Utilities - Regulated Water industry.

( Industry Median: 0.36 vs. MSEX: 0.35 )
Ranked among companies with meaningful Equity-to-Asset only.
MSEX' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.31  Med: 0.35 Max: 0.36
Current: 0.35
0.31
0.36
Interest Coverage 7.68
MSEX's Interest Coverage is ranked higher than
59% of the 588 Companies
in the Global Utilities - Regulated Water industry.

( Industry Median: 5.05 vs. MSEX: 7.68 )
Ranked among companies with meaningful Interest Coverage only.
MSEX' s Interest Coverage Range Over the Past 10 Years
Min: 2.99  Med: 3.98 Max: 7.68
Current: 7.68
2.99
7.68
Piotroski F-Score: 6
Altman Z-Score: 1.43
WACC vs ROIC
4.50%
7.49%
WACC
ROIC
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 : 8/10

vs
industry
vs
history
Operating Margin % 30.57
MSEX's Operating Margin % is ranked higher than
83% of the 619 Companies
in the Global Utilities - Regulated Water industry.

( Industry Median: 13.23 vs. MSEX: 30.57 )
Ranked among companies with meaningful Operating Margin % only.
MSEX' s Operating Margin % Range Over the Past 10 Years
Min: 22.1  Med: 26.36 Max: 30.57
Current: 30.57
22.1
30.57
Net Margin % 17.11
MSEX's Net Margin % is ranked higher than
81% of the 619 Companies
in the Global Utilities - Regulated Water industry.

( Industry Median: 7.64 vs. MSEX: 17.11 )
Ranked among companies with meaningful Net Margin % only.
MSEX' s Net Margin % Range Over the Past 10 Years
Min: 10.93  Med: 13.85 Max: 17.11
Current: 17.11
10.93
17.11
ROE % 10.54
MSEX's ROE % is ranked higher than
62% of the 613 Companies
in the Global Utilities - Regulated Water industry.

( Industry Median: 8.70 vs. MSEX: 10.54 )
Ranked among companies with meaningful ROE % only.
MSEX' s ROE % Range Over the Past 10 Years
Min: 6.88  Med: 8.68 Max: 10.57
Current: 10.54
6.88
10.57
ROA % 3.79
MSEX's ROA % is ranked higher than
62% of the 628 Companies
in the Global Utilities - Regulated Water industry.

( Industry Median: 2.98 vs. MSEX: 3.79 )
Ranked among companies with meaningful ROA % only.
MSEX' s ROA % Range Over the Past 10 Years
Min: 2.22  Med: 3.04 Max: 3.79
Current: 3.79
2.22
3.79
ROC (Joel Greenblatt) % 7.95
MSEX's ROC (Joel Greenblatt) % is ranked lower than
61% of the 626 Companies
in the Global Utilities - Regulated Water industry.

( Industry Median: 10.19 vs. MSEX: 7.95 )
Ranked among companies with meaningful ROC (Joel Greenblatt) % only.
MSEX' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 5.92  Med: 7.25 Max: 7.95
Current: 7.95
5.92
7.95
3-Year Revenue Growth Rate 4.30
MSEX's 3-Year Revenue Growth Rate is ranked higher than
62% of the 557 Companies
in the Global Utilities - Regulated Water industry.

( Industry Median: 1.60 vs. MSEX: 4.30 )
Ranked among companies with meaningful 3-Year Revenue Growth Rate only.
MSEX' s 3-Year Revenue Growth Rate Range Over the Past 10 Years
Min: -1.3  Med: 2.8 Max: 6.6
Current: 4.3
-1.3
6.6
3-Year EBITDA Growth Rate 6.80
MSEX's 3-Year EBITDA Growth Rate is ranked higher than
56% of the 517 Companies
in the Global Utilities - Regulated Water industry.

( Industry Median: 4.80 vs. MSEX: 6.80 )
Ranked among companies with meaningful 3-Year EBITDA Growth Rate only.
MSEX' s 3-Year EBITDA Growth Rate Range Over the Past 10 Years
Min: 0  Med: 1.5 Max: 8.6
Current: 6.8
0
8.6
3-Year EPS without NRI Growth Rate 10.20
MSEX's 3-Year EPS without NRI Growth Rate is ranked higher than
63% of the 470 Companies
in the Global Utilities - Regulated Water industry.

( Industry Median: 4.60 vs. MSEX: 10.20 )
Ranked among companies with meaningful 3-Year EPS without NRI Growth Rate only.
MSEX' s 3-Year EPS without NRI Growth Rate Range Over the Past 10 Years
Min: -8.8  Med: 3.4 Max: 11.5
Current: 10.2
-8.8
11.5
GuruFocus has detected 2 Warning Signs with Middlesex Water Co $MSEX.
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» MSEX's 10-Y Financials

Financials (Next Earnings Date: 2017-08-02 Est.)


Revenue & Net Income
Cash & Debt
Operating Cash Flow & Free Cash Flow
Operating Cash Flow & Net Income

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Guru Trades

Q1 2016

MSEX Guru Trades in Q1 2016

Jim Simons 347,200 sh (+15.12%)
Mario Gabelli 71,248 sh (-2.55%)
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MSEX Guru Trades in Q2 2016

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MSEX Guru Trades in Q3 2016

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Mario Gabelli 70,281 sh (-1.40%)
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MSEX Guru Trades in Q4 2016

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Mario Gabelli 68,449 sh (-2.61%)
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Preferred stocks of Middlesex Water Co

SymbolPriceYieldDescription
MSEXP90.000.00USD 7.00 Cum.Pfd Shs

Business Description

Industry: Utilities - Regulated » Utilities - Regulated Water    NAICS: 221310    SIC: 4941
Compare:NAS:CTWS, NAS:YORW, NYSE:WAAS, NAS:CDZI, OTCPK:HYFXF, NYSE:SJW, OTCPK:CWAFF, OTCPK:ARTNB, NAS:CWCO, NAS:GWRS, NAS:PCYO, OTCPK:PKNHF, OTCPK:TTAPY, OTCPK:MWTCF, NYSE:AWR, NYSE:CWT, OTCPK:PEGRY, NYSE:WTR, OTCPK:STRNY, NYSE:SBS » details
Headquarter Location:USA
Middlesex Water Co owns and operates regulated water utility and wastewater systems in New Jersey, Delaware and Pennsylvania. The Company also operates water and wastewater systems under contract on behalf of municipal and private clients.

Middlesex Water Co is a water utility based in the U.S. state of New Jersey. It is in the business of collecting, treating, distributing and selling water for domestic, commercial, municipal, industrial and fire protection purposes. The company also operate New Jersey municipal water, wastewater and storm water systems under contract and provide unregulated water and wastewater services in New Jersey and Delaware through its subsidiaries. The company has two operating segments, Regulated and Non-Regulated. Its Regulated segment contributed majority of total revenues.

Top Ranked Articles about Middlesex Water Co

Middlesex Water Company Announces Quarterly Cash Dividend
Middlesex Water Company Launches $160 Million Infrastructure Effort

ISELIN, N.J., March 21, 2017 (GLOBE NEWSWIRE) -- Middlesex Water Company (NASDAQ:MSEX) today announced a major infrastructure campaign to enhance safety, reliability and resiliency throughout its water system in New Jersey. The campaign, Water For Tomorrow®, involves numerous projects designed to upgrade and replace infrastructure and enhance the integrity of system assets to better serve the current and future generations of water users. Middlesex plans to invest $160 million through 2018 in connection with this plan.  The Middlesex system in New Jersey provides retail, commercial and industrial water services to 61,000 homes and businesses in Carteret, Edison, Metuchen, South Amboy, South Plainfield and Woodbridge.
A photo accompanying this announcement is available at http://www.globenewswire.com/NewsRoom/AttachmentNg/a555db19-d92c-420c-90dd-338837971eaf. Water For Tomorrow projects include: Construction of a 42”, 4.6 mile water transmission pipeline to provide critical resiliency and redundancy capability to the Company’s water transmission system.Replacement of five miles of water mains including service lines, valves, fire hydrants and meters in the Borough of South Plainfield, NJIntroduction of an enhanced treatment process at the Company’s largest water plant in Edison, NJ, which helps reduce disinfection by-products that can develop naturally during treatmentAdditional elevated storage tanks to supplement and ensure water supply during emergencies and peak usage periodsUpgrades and improvements to water interconnections with neighboring utilities for resiliency and emergency responseRelocation of meters from inside customers’ premises to exterior meter pits to allow quicker access by crews in emergencies as well as enhanced customer safety and convenienceAdditional standby power generation. This long-planned capital program follows the recent release of an Infrastructure Report Card issued by the American Society of Civil Engineers (ASCE), which rated the state of our country’s water infrastructure a D and urged a wakeup call attending to the condition of America’s drinking water.  “Working to ensure sustained quality service across generations is a major part of our responsibility as a steward of a precious natural resource that is critical to economic stability, as well as to life itself. This responsibility requires that we make smart, proactive capital investments,” said Dennis W. Doll, Middlesex Water Chairman, President and CEO.  “The projects encompassed in the Water For Tomorrow campaign are all based on rigorous asset management evaluations. They are a natural extension of the diligence we have applied over many years to make prudent investments to bolster our water delivery network, enhance system pressures and storage, provide critical back up supplies, reduce lost water, and enhance the safety of our water treatment process,” added Doll. Information and updates about the Water For Tomorrow program can be found on www.middlesexwater.com.   Middlesex Water Company is observing its 120th year as a water provider in 2017.  The Company provides regulated and unregulated water and wastewater utility services in New Jersey, Delaware and Pennsylvania through various subsidiary companies.  This release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including, among others, our long-term strategy and expectations, the status of our acquisition program, the impact of our acquisitions, the impact of current and projected rate requests and the impact of our capital program on our environmental compliance. There are important factors that could cause actual results to differ materially from those expressed or implied by such forward-looking statements including: general economic business conditions, unfavorable weather conditions, the success of certain cost containment initiatives, changes in regulations or regulatory treatment, availability and the cost of capital, the success of growth initiatives and other factors discussed in our filings with the Securities and Exchange Commission.
Contact:
Bernadette Sohler, Vice President – Corporate Affairs
Middlesex Water Company,
1500 Ronson Road
Iselin, New Jersey 08830
(732) 638-7549
www.middlesexwater.com

Read more...
Middlesex Water Company Announces 2016 Fourth Quarter and Year-End Results

ISELIN, N.J., March 03, 2017 (GLOBE NEWSWIRE) -- Middlesex Water Company (“Middlesex” or the “Company”) (NASDAQ:MSEX) today reported financial results for the fourth quarter and year ended December 31, 2016. Highlights
Net Income of $22.7 million, up 13.6%.
Revenue growth of 5.5% to $132.9 millionDiluted Earnings per share up $ 0.16 or 12.9% 2016 Operating Results
Consolidated operating revenues increased to $132.9 million for the year ended December 31, 2016, up from $126.0 million in 2015.  The $6.9 million increase was primarily due to: $6.1 million of increased revenues in our New Jersey Systems due to the 2015 and 2016 New Jersey Board of Public Utilities approved rate increases, higher Contract customer demand and favorable weather conditions; and$0.8 million of growth related revenues in our Delaware Systems. Operations and maintenance expenses for the year ended December 31, 2016 increased $0.4 million from the same period in 2015.  This increase reflects a $1.6 million increase in labor costs due to company-wide higher average labor rates, additional employees to meet new regulatory and other operational needs, incentive compensation and $0.3 million in costs associated with Middlesex’s water main asset condition assessment program.  Offsetting these increases were a $1.3 million decrease in employee benefit expenses due primarily to lower retirement plan costs and $0.2 million of lower costs due to reduced water main break repair activity in our Middlesex System. Earnings applicable to common stock for the year ended December 31, 2016 were $22.6 million, or $1.38 per share on a fully diluted basis, compared to $19.9 million or $1.22 per diluted share in 2015. Middlesex President and Chief Executive Officer Dennis W. Doll said, “Our employees continued to deliver for our customers and shareholders in 2016 through a number of operational improvements, enhanced service quality, a heightened focus on our asset management program and customer growth.  As we enter our 120th year in business, Middlesex Water is focused on implementing various infrastructure investments that will help ensure safe drinking water now and well into the future.” Fourth Quarter 2016 Results
For the three month period ended December 31, 2016, operating revenues were $31.8 million, up 2.9% from $30.9 million for the same period in 2015.  Operations and maintenance expenses were $17.3 million, up 7.7% from $16.1 million for the same period in 2015.  This increase is due primarily to higher incentive based compensation costs and our water main asset condition assessment program.  During the fourth quarter, the Company recorded a pre-tax charge to Other Expense of $1.9 million in connection with its investment in a renewable energy joint venture (RGRME). RGRME identified that significant additional investment was required to optimize the liquid waste disposal and biogas electric generation process.  Middlesex concluded that RGRME’s inability to effectively operate the renewable energy system without significant additional investment would impair its ability to generate enough cash flow to cover its current and future operating and debt service obligations.  Net income declined to $3.2 million from $4.6 million for the same period in 2015. Quarterly Dividend Declared
As previously announced in February 2017, the Board of Directors of Middlesex Water Company declared a quarterly cash dividend of $0.21125 per common share which was paid on March 1, 2017 to shareholders of record as of February 13, 2017.  This is the second quarterly dividend payment following a 6.29% increase declared in October 2016. The Company has paid cash dividends continually since 1912 and increased its dividend for the forty-fourth consecutive year in 2016.  About Middlesex Water Company
Middlesex Water Company, organized in 1897, is a water utility serving customers in central and southern New Jersey and in the State of Delaware. The Company and its New Jersey subsidiaries -- Pinelands Water Company and Pinelands Wastewater Company -- are subject to the regulations of the Board of Public Utilities of the State of New Jersey. Middlesex Water Company operates the water and wastewater utilities for the City of Perth Amboy through its subsidiary, Utility Service Affiliates (Perth Amboy) Inc.  The Company also provides contract operations services through its non-regulated subsidiary, Utility Service Affiliates, Inc.  The Company’s regulated Delaware subsidiaries, Tidewater Utilities, Inc., together with Southern Shores Water Company and Tidewater Environmental Services Inc., are subject to the regulations of the Public Service Commission in Delaware. White Marsh Environmental Systems, Inc. operates small water and wastewater systems under contract on a non-regulated basis in Delaware.  The Company serves customers in Shohola, Pennsylvania through its subsidiary, Twin Lakes Utilities, Inc. These companies are also subject to various Federal and State regulatory agencies concerning water, and wastewater effluent quality standards.  For additional information regarding Middlesex Water Company, visit the Company’s web site at www.middlesexwater.com or call (732) 634-1500. This release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including, among others, our long-term strategy and expectations, the status of our acquisition program, the impact of our acquisitions, the impact of current and projected rate requests and the impact of our capital program on our environmental compliance. There are important factors that could cause actual results to differ materially from those expressed or implied by such forward-looking statements including: general economic business conditions, unfavorable weather conditions, the success of certain cost containment initiatives, changes in regulations or regulatory treatment, availability and the cost of capital, the success of growth initiatives and other factors discussed in our filings with the Securities and Exchange Commission.  
  MIDDLESEX WATER COMPANYCONSOLIDATED STATEMENTS OF INCOME(In thousands except per share amounts)             Years Ended December 31,  Quarters Ended December 31,
    2016
 2015
 2016
 2015
          Operating Revenues$   132,906   $126,025  $31,808   $30,925           Operating Expenses:        Operations and Maintenance 65,534    65,167   17,320    16,080  Depreciation 12,796    12,051   3,235    3,089  Other Taxes 13,944    12,967   3,407    3,296             Total Operating Expenses 92,274    90,185   23,962    22,465           Operating Income 40,632    35,840   7,846    8,460           Other Income (Expense):        Allowance for Funds Used During Construction 619    380   232    83  Other Income 662    208   18    58  Other Expense (2,143)   (295)   (1,947)   (252)           Total Other Income, net (862)   293   (1,697)   (111)           Interest Charges 5,293    5,554   1,452    1,496           Income before Income Taxes 34,477    30,579   4,697    6,853           Income Taxes 11,735    10,551   1,477    2,293           Net Income 22,742    20,028   3,220    4,560           Preferred Stock Dividend Requirements 144    144   36    36           Earnings Applicable to Common Stock$   22,598   $19,884  $3,184   $4,524          Earnings per share of Common Stock:        Basic$   1.39   $1.23  $0.20   $0.29  Diluted$   1.38   $1.22  $0.19   $0.28             
Media Contact:
Bernadette Sohler, Vice President – Corporate Affairs
Middlesex Water Company
[email protected]
(732) 638-7549

Read more...
Tidewater Utilities Affiliate, White Marsh Environmental Systems, Inc., to Operate City of Lewes Water Reclamation Facility

DOVER, Del., March 02, 2017 (GLOBE NEWSWIRE) -- White Marsh Environmental Systems, Inc. (White Marsh) is pleased to announce the award of a 5-year contract from the Lewes, Delaware Board of Public Works (BPW) to provide operations and maintenance services to the Howard Seymour Water Reclamation Facility and the BPW’s 33 wastewater pump stations in the City of Lewes.  White Marsh will provide 24/7 operations, maintenance services and assist the BPW with capital planning, quality control programs and preventive maintenance programs.  The contract became effective February 28th 2017.  White Marsh is a wholly-owned subsidiary of Tidewater Utilities, Inc. A photo accompanying this announcement is available at http://www.globenewswire.com/NewsRoom/AttachmentNg/0098a96e-c0ef-4ba6-a6a8-365af4a8cff5 “The Howard Seymour Water Reclamation Facility is located in Tidewater’s largest service district, allowing us to make this a seamless transition for our operations,” said Jerry Esposito, President, Tidewater Utilities, Inc.  “We are able to save the BPW money by incorporating their facility into our operational rotation with our many other treatment facilities located nearby.  In addition, White Marsh is able to offer the BPW a deep bench of expertise in all areas of environmental resource management,” added Esposito.  White Marsh provides water and wastewater contract operations services under approximately 50 agreements to private and municipal systems on the Delmarva Peninsula, making it the area’s largest provider of those services. Three of White Marsh’s affiliated companies provide PSC-regulated water and wastewater services in Delaware.   “The BPW selected White Marsh due to its competitive pricing, local presence and number of quality, local operators that can respond in times of need supporting the continued reliability that we’re committed to providing to our customers,” said Darrin Gordon, BPW General Manager.  “The plant is a show piece for the Lewes community. We are committed to the protection of our environment and keeping the Lewes Beach community safe and pristine. We are confident that our relationship with White Marsh will maintain our long held reputation as one of the premier wastewater treatment facilities in Delaware, and along the East Coast,” added Gordon. Tidewater and White Marsh are part of the Middlesex Water family of companies.  Middlesex Water Company (NASDAQ:MSEX) established in 1897, owns and operates water, wastewater, irrigation and/or storm water systems in NJ, DE, PA and MD.  For additional information regarding Middlesex Water Company visit www.middlesexwater.com.  For more information about White Marsh Contract Operations Services, call 302-747-1312.
Contact:
Carol Murphy, Tidewater Utilities, Inc.
[email protected] 302-734-7500
or
Bernadette M. Sohler, Middlesex Water Company,
[email protected] (732) 638-7549

Read more...

Ratios

vs
industry
vs
history
PE Ratio 28.48
MSEX's PE Ratio is ranked lower than
76% of the 542 Companies
in the Global Utilities - Regulated Water industry.

( Industry Median: 17.32 vs. MSEX: 28.48 )
Ranked among companies with meaningful PE Ratio only.
MSEX' s PE Ratio Range Over the Past 10 Years
Min: 14.71  Med: 20.86 Max: 32.04
Current: 28.48
14.71
32.04
PE Ratio without NRI 28.48
MSEX's PE Ratio without NRI is ranked lower than
75% of the 531 Companies
in the Global Utilities - Regulated Water industry.

( Industry Median: 17.60 vs. MSEX: 28.48 )
Ranked among companies with meaningful PE Ratio without NRI only.
MSEX' s PE Ratio without NRI Range Over the Past 10 Years
Min: 14.71  Med: 20.86 Max: 32.04
Current: 28.48
14.71
32.04
Price-to-Owner-Earnings 35.65
MSEX's Price-to-Owner-Earnings is ranked lower than
71% of the 277 Companies
in the Global Utilities - Regulated Water industry.

( Industry Median: 18.97 vs. MSEX: 35.65 )
Ranked among companies with meaningful Price-to-Owner-Earnings only.
MSEX' s Price-to-Owner-Earnings Range Over the Past 10 Years
Min: 24.1  Med: 50.66 Max: 645.67
Current: 35.65
24.1
645.67
PB Ratio 3.01
MSEX's PB Ratio is ranked lower than
78% of the 624 Companies
in the Global Utilities - Regulated Water industry.

( Industry Median: 1.68 vs. MSEX: 3.01 )
Ranked among companies with meaningful PB Ratio only.
MSEX' s PB Ratio Range Over the Past 10 Years
Min: 1.22  Med: 1.73 Max: 3.28
Current: 3.01
1.22
3.28
PS Ratio 4.86
MSEX's PS Ratio is ranked lower than
84% of the 613 Companies
in the Global Utilities - Regulated Water industry.

( Industry Median: 1.65 vs. MSEX: 4.86 )
Ranked among companies with meaningful PS Ratio only.
MSEX' s PS Ratio Range Over the Past 10 Years
Min: 1.88  Med: 2.83 Max: 5.41
Current: 4.86
1.88
5.41
Price-to-Operating-Cash-Flow 13.71
MSEX's Price-to-Operating-Cash-Flow is ranked lower than
82% of the 393 Companies
in the Global Utilities - Regulated Water industry.

( Industry Median: 7.57 vs. MSEX: 13.71 )
Ranked among companies with meaningful Price-to-Operating-Cash-Flow only.
MSEX' s Price-to-Operating-Cash-Flow Range Over the Past 10 Years
Min: 7.8  Med: 11.31 Max: 15.25
Current: 13.71
7.8
15.25
EV-to-EBIT 18.98
MSEX's EV-to-EBIT is ranked lower than
70% of the 864 Companies
in the Global Utilities - Regulated Water industry.

( Industry Median: 15.02 vs. MSEX: 18.98 )
Ranked among companies with meaningful EV-to-EBIT only.
MSEX' s EV-to-EBIT Range Over the Past 10 Years
Min: 12  Med: 16.2 Max: 21.8
Current: 18.98
12
21.8
EV-to-EBITDA 14.14
MSEX's EV-to-EBITDA is ranked lower than
76% of the 887 Companies
in the Global Utilities - Regulated Water industry.

( Industry Median: 10.20 vs. MSEX: 14.14 )
Ranked among companies with meaningful EV-to-EBITDA only.
MSEX' s EV-to-EBITDA Range Over the Past 10 Years
Min: 9  Med: 11.9 Max: 16.3
Current: 14.14
9
16.3
PEG Ratio 4.12
MSEX's PEG Ratio is ranked lower than
60% of the 278 Companies
in the Global Utilities - Regulated Water industry.

( Industry Median: 2.82 vs. MSEX: 4.12 )
Ranked among companies with meaningful PEG Ratio only.
MSEX' s PEG Ratio Range Over the Past 10 Years
Min: 2.55  Med: 6.27 Max: 766.33
Current: 4.12
2.55
766.33
Shiller PE Ratio 36.88
MSEX's Shiller PE Ratio is ranked lower than
77% of the 203 Companies
in the Global Utilities - Regulated Water industry.

( Industry Median: 24.83 vs. MSEX: 36.88 )
Ranked among companies with meaningful Shiller PE Ratio only.
MSEX' s Shiller PE Ratio Range Over the Past 10 Years
Min: 15.43  Med: 21.98 Max: 41.37
Current: 36.88
15.43
41.37
Current Ratio 0.57
MSEX's Current Ratio is ranked lower than
84% of the 614 Companies
in the Global Utilities - Regulated Water industry.

( Industry Median: 1.06 vs. MSEX: 0.57 )
Ranked among companies with meaningful Current Ratio only.
MSEX' s Current Ratio Range Over the Past 10 Years
Min: 0.33  Med: 0.69 Max: 2.11
Current: 0.57
0.33
2.11
Quick Ratio 0.48
MSEX's Quick Ratio is ranked lower than
85% of the 614 Companies
in the Global Utilities - Regulated Water industry.

( Industry Median: 0.97 vs. MSEX: 0.48 )
Ranked among companies with meaningful Quick Ratio only.
MSEX' s Quick Ratio Range Over the Past 10 Years
Min: 0.31  Med: 0.65 Max: 2.04
Current: 0.48
0.31
2.04
Days Sales Outstanding 27.82
MSEX's Days Sales Outstanding is ranked higher than
83% of the 438 Companies
in the Global Utilities - Regulated Water industry.

( Industry Median: 49.50 vs. MSEX: 27.82 )
Ranked among companies with meaningful Days Sales Outstanding only.
MSEX' s Days Sales Outstanding Range Over the Past 10 Years
Min: 27.82  Med: 37.56 Max: 42.5
Current: 27.82
27.82
42.5

Dividend & Buy Back

vs
industry
vs
history
Dividend Yield % 2.07
MSEX's Dividend Yield % is ranked lower than
74% of the 1045 Companies
in the Global Utilities - Regulated Water industry.

( Industry Median: 3.32 vs. MSEX: 2.07 )
Ranked among companies with meaningful Dividend Yield % only.
MSEX' s Dividend Yield % Range Over the Past 10 Years
Min: 1.85  Med: 3.77 Max: 5.65
Current: 2.07
1.85
5.65
Dividend Payout Ratio 0.59
MSEX's Dividend Payout Ratio is ranked lower than
54% of the 590 Companies
in the Global Utilities - Regulated Water industry.

( Industry Median: 0.55 vs. MSEX: 0.59 )
Ranked among companies with meaningful Dividend Payout Ratio only.
MSEX' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.59  Med: 0.77 Max: 0.99
Current: 0.59
0.59
0.99
3-Year Dividend Growth Rate 2.40
MSEX's 3-Year Dividend Growth Rate is ranked lower than
58% of the 356 Companies
in the Global Utilities - Regulated Water industry.

( Industry Median: 3.80 vs. MSEX: 2.40 )
Ranked among companies with meaningful 3-Year Dividend Growth Rate only.
MSEX' s 3-Year Dividend Growth Rate Range Over the Past 10 Years
Min: -0.2  Med: 2.1 Max: 4
Current: 2.4
-0.2
4
Forward Dividend Yield % 2.10
MSEX's Forward Dividend Yield % is ranked lower than
75% of the 1038 Companies
in the Global Utilities - Regulated Water industry.

( Industry Median: 3.47 vs. MSEX: 2.10 )
Ranked among companies with meaningful Forward Dividend Yield % only.
N/A
5-Year Yield-on-Cost % 2.26
MSEX's 5-Year Yield-on-Cost % is ranked lower than
83% of the 1045 Companies
in the Global Utilities - Regulated Water industry.

( Industry Median: 4.25 vs. MSEX: 2.26 )
Ranked among companies with meaningful 5-Year Yield-on-Cost % only.
MSEX' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 2.02  Med: 4.12 Max: 6.18
Current: 2.26
2.02
6.18
3-Year Average Share Buyback Ratio -0.70
MSEX's 3-Year Average Share Buyback Ratio is ranked higher than
66% of the 304 Companies
in the Global Utilities - Regulated Water industry.

( Industry Median: -2.60 vs. MSEX: -0.70 )
Ranked among companies with meaningful 3-Year Average Share Buyback Ratio only.
MSEX' s 3-Year Average Share Buyback Ratio Range Over the Past 10 Years
Min: -7.6  Med: -4.4 Max: -0.7
Current: -0.7
-7.6
-0.7

Valuation & Return

vs
industry
vs
history
Price-to-Tangible-Book 2.97
MSEX's Price-to-Tangible-Book is ranked lower than
67% of the 561 Companies
in the Global Utilities - Regulated Water industry.

( Industry Median: 1.98 vs. MSEX: 2.97 )
Ranked among companies with meaningful Price-to-Tangible-Book only.
MSEX' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 1.44  Med: 1.89 Max: 3.24
Current: 2.97
1.44
3.24
Price-to-Intrinsic-Value-Projected-FCF 2.36
MSEX's Price-to-Intrinsic-Value-Projected-FCF is ranked lower than
65% of the 286 Companies
in the Global Utilities - Regulated Water industry.

( Industry Median: 1.54 vs. MSEX: 2.36 )
Ranked among companies with meaningful Price-to-Intrinsic-Value-Projected-FCF only.
MSEX' s Price-to-Intrinsic-Value-Projected-FCF Range Over the Past 10 Years
Min: 1.35  Med: 3.55 Max: 29.13
Current: 2.36
1.35
29.13
Price-to-Median-PS-Value 1.72
MSEX's Price-to-Median-PS-Value is ranked lower than
76% of the 508 Companies
in the Global Utilities - Regulated Water industry.

( Industry Median: 1.15 vs. MSEX: 1.72 )
Ranked among companies with meaningful Price-to-Median-PS-Value only.
MSEX' s Price-to-Median-PS-Value Range Over the Past 10 Years
Min: 0.53  Med: 0.97 Max: 1.88
Current: 1.72
0.53
1.88
Price-to-Peter-Lynch-Fair-Value 3.76
MSEX's Price-to-Peter-Lynch-Fair-Value is ranked lower than
86% of the 120 Companies
in the Global Utilities - Regulated Water industry.

( Industry Median: 1.72 vs. MSEX: 3.76 )
Ranked among companies with meaningful Price-to-Peter-Lynch-Fair-Value only.
MSEX' s Price-to-Peter-Lynch-Fair-Value Range Over the Past 10 Years
Min: 2.98  Med: 3.3 Max: 5.13
Current: 3.76
2.98
5.13
Price-to-Graham-Number 1.94
MSEX's Price-to-Graham-Number is ranked lower than
72% of the 454 Companies
in the Global Utilities - Regulated Water industry.

( Industry Median: 1.36 vs. MSEX: 1.94 )
Ranked among companies with meaningful Price-to-Graham-Number only.
MSEX' s Price-to-Graham-Number Range Over the Past 10 Years
Min: 0.88  Med: 1.35 Max: 2.12
Current: 1.94
0.88
2.12
Earnings Yield (Greenblatt) % 5.29
MSEX's Earnings Yield (Greenblatt) % is ranked lower than
64% of the 926 Companies
in the Global Utilities - Regulated Water industry.

( Industry Median: 6.33 vs. MSEX: 5.29 )
Ranked among companies with meaningful Earnings Yield (Greenblatt) % only.
MSEX' s Earnings Yield (Greenblatt) % Range Over the Past 10 Years
Min: 4.6  Med: 6.2 Max: 8.4
Current: 5.29
4.6
8.4
Forward Rate of Return (Yacktman) % 9.29
MSEX's Forward Rate of Return (Yacktman) % is ranked higher than
72% of the 387 Companies
in the Global Utilities - Regulated Water industry.

( Industry Median: 3.21 vs. MSEX: 9.29 )
Ranked among companies with meaningful Forward Rate of Return (Yacktman) % only.
MSEX' s Forward Rate of Return (Yacktman) % Range Over the Past 10 Years
Min: -2.9  Med: -0.2 Max: 9.5
Current: 9.29
-2.9
9.5

More Statistics

Revenue (TTM) (Mil) $132.9
EPS (TTM) $ 1.38
Beta0.47
Short Percentage of Float0.98%
52-Week Range $32.51 - 44.48
Shares Outstanding (Mil)16.30
» More Articles for MSEX

Headlines

Articles On GuruFocus.com
Middlesex Water Company Announces Quarterly Cash Dividend Apr 20 2017 
Middlesex Water Company Launches $160 Million Infrastructure Effort Mar 21 2017 
Middlesex Water Company Announces 2016 Fourth Quarter and Year-End Results Mar 03 2017 
Tidewater Utilities Affiliate, White Marsh Environmental Systems, Inc., to Operate City of Lewes Wat Mar 02 2017 
Gurus Invest in Water Stocks on Increasing Risk to Resource Apr 05 2016 
Why Dividends Matter Feb 07 2012 
10 High-Yield Stocks with a Low Price/Book Dec 14 2011 
9 Low-Risk, High-Yielding Dividend Stocks Dec 07 2011 
Water Utilities with Best Dividend Yield – Theme of the Next Decade? Sep 09 2011 
10 High-Yield Utilities with Positive Dividend Growth Rates Jul 06 2011 

More From Other Websites
Middlesex Water Company Announces Quarterly Cash Dividend Apr 20 2017
Middlesex Water Co. breached its 50 day moving average in a Bullish Manner : MSEX-US : April 3, 2017 Apr 03 2017
Middlesex Water Co. : MSEX-US: Dividend Analysis : February 13th, 2017 (record date) : By the... Mar 23 2017
Middlesex Water Company Launches $160 Million Infrastructure Effort Mar 21 2017
Middlesex Water Co. :MSEX-US: Earnings Analysis: Q4, 2016 By the Numbers : March 7, 2017 Mar 07 2017
Middlesex Water posts 4Q profit Mar 03 2017
Middlesex Water Company Announces 2016 Fourth Quarter and Year-End Results Mar 03 2017
Tidewater Utilities Affiliate, White Marsh Environmental Systems, Inc., to Operate City of Lewes... Mar 02 2017
Middlesex Water Company Names David Brogle Director of Production Feb 27 2017
Middlesex Water Co. : MSEX-US: Dividend Analysis : November 10th, 2016 (record date) : By the... Jan 10 2017
Middlesex Water Co. – Value Analysis (NASDAQ:MSEX) : January 10, 2017 Jan 10 2017
Middlesex Water Co. breached its 50 day moving average in a Bearish Manner : MSEX-US : January 9,... Jan 09 2017
ETFs with exposure to Middlesex Water Co. : December 19, 2016 Dec 19 2016
Is Middlesex Water Company (MSEX) A Good Stock To Buy? Dec 17 2016
Middlesex Water Co. breached its 50 day moving average in a Bullish Manner : MSEX-US : November 8,... Nov 08 2016
ETF’s with exposure to Middlesex Water Co. : November 4, 2016 Nov 04 2016
Middlesex Water Co. :MSEX-US: Earnings Analysis: Q3, 2016 By the Numbers : November 3, 2016 Nov 03 2016

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