ARTNB (Artesian Resources) Enterprise Value: $518.6 Mil (As of Jun. 24, 2026) ***


ARTNB Artesian Resources Corp ARTNB
78 GF Score
Price $33.51
GF Value $38.60
Valuation Modestly Undervalued
! 3 Warning Signs
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What is Artesian Resources Enterprise Value?

Artesian Resources ARTNB 78 Enterprise Value is $518.6 Mil as of Jun. 24, 2026. GuruFocus rates ARTNB with a GF Score™ of 78/100 and a GF Value™ of $38.60 (Modestly Undervalued). The stock has 3 warning signs investors should review.

Think of Enterprise Value as the theoretical takeover price. It is more comprehensive than market capitalization (Market Cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Artesian Resources's Enterprise Value is $518.6 Mil. Artesian Resources's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was $40.1 Mil. Therefore, Artesian Resources's EV-to-EBIT ratio for today is 12.93.

EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, Artesian Resources's Enterprise Value is $518.6 Mil. Artesian Resources's EBITDA for the trailing twelve months (TTM) ended in Mar. 2026 was $54.0 Mil. Therefore, Artesian Resources's EV-to-EBITDA ratio for today is 9.60.

EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, Artesian Resources's Enterprise Value is $518.6 Mil. Artesian Resources's Revenue for the trailing twelve months (TTM) ended in Mar. 2026 was $114.8 Mil. Therefore, Artesian Resources's EV-to-Revenue ratio for today is 4.52.

EV-to-OCF is calculated as Enterprise Value divided by its Cash Flow from Operations. As of today, Artesian Resources's Enterprise Value is $518.6 Mil. Artesian Resources's Cash Flow from Operations for the trailing twelve months (TTM) ended in Mar. 2026 was $38.0 Mil. Therefore, Artesian Resources's EV-to-OCF ratio for today is 13.64.

EV-to-FCF is calculated as Enterprise Value divided by its Free Cash Flow. As of today, Artesian Resources's Enterprise Value is $518.6 Mil. Artesian Resources's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 was $-23.6 Mil. Therefore, Artesian Resources's EV-to-FCF ratio for today is -22.01.

*** Please note that the current Enterprise Value is calculated using the current market capitalization and the most recently available financial data. If key financial fields—Long-Term Debt & Capital Lease Obligation and Short-Term Debt & Capital Lease Obligation—are recorded as null in the latest reporting period, our data vendor will default to using data from the prior period with valid entries.


Artesian Resources  (OTCPK:ARTNB) Enterprise Value Explanation

When an investor buy a company, the investor needs to pay not only the common shares, he/she also needs to pay the shareholders of Preferred Stocks. He also assumes the debt of the company, and receives the cash on the company's balance sheet.

If a company has more cash than debt, the investor actually pays less than the Market Cap because he immediately owns the cash once the transaction goes through.

The market value of Preferred Stock needs to be added to the market value of common stocks in the calculation of Enterprise Value.

For the companies with the same Market Cap, the smaller the Enterprise Value is, the cheaper the company is.

Enterprise Value can be negative when the company's net cash is more than its Market Cap. In this case the investor is basically getting the company for free and get paid for that.

1. EV-to-EBIT is calculated as Enterprise Value divided by its EBIT.

Artesian Resources's EV-to-EBIT for today is

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=518.591/40.107
=12.93

Artesian Resources's current Enterprise Value is $518.6 Mil.
Artesian Resources's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $40.1 Mil.

2. EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA.

Artesian Resources's EV-to-EBITDA for today is:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA(TTM)
=518.591/54.008
=9.60

Artesian Resources's current Enterprise Value is $518.6 Mil.
Artesian Resources's EBITDA for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $54.0 Mil.

3. EV-to-Revenue is calculated as Enterprise Value divided by its Revenue.

Artesian Resources's EV-to-Revenue for today is:

EV-to-Revenue=Enterprise Value (Today)/Revenue (TTM)
=518.591/114.829
=4.52

Artesian Resources's current Enterprise Value is $518.6 Mil.
Artesian Resources's Revenue for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $114.8 Mil.

4. EV-to-OCF is calculated as Enterprise Value divided by its Cash Flow from Operations.

Artesian Resources's EV-to-OCF for today is:

EV-to-OCF=Enterprise Value (Today)/Cash Flow from Operations (TTM)
=518.591/38.024
=13.64

Artesian Resources's current Enterprise Value is $518.6 Mil.
Artesian Resources's Cash Flow from Operations for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $38.0 Mil.

5. EV-to-FCF is calculated as Enterprise Value divided by its Free Cash Flow.

Artesian Resources's EV-to-FCF for today is:

EV-to-FCF=Enterprise Value (Today)/Free Cash Flow (TTM)
=518.591/-23.562
=-22.01

Artesian Resources's current Enterprise Value is $518.6 Mil.
Artesian Resources's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $-23.6 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Artesian Resources Enterprise Value Related Terms


Artesian Resources Enterprise Value Historical Data

* Premium members only.

The historical data trend for Artesian Resources's Enterprise Value can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Artesian Resources Enterprise Value Chart

Artesian Resources Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Enterprise Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only 598.39 700.66 589.99 497.78 527.30

Artesian Resources Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Enterprise Value Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 500.89 530.03 525.09 527.30 527.91

ARTNB vs CDZI, PCYO, GWRS: Enterprise Value Comparison

For the Utilities - Regulated Water subindustry, Artesian Resources's Enterprise Value, along with its competitors' market caps and Enterprise Value data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Artesian Resources Enterprise Value vs Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Artesian Resources's Enterprise Value distribution charts can be found below:

* The bar in red indicates where Artesian Resources's Enterprise Value falls into.


ARTNB
78GF Score
Artesian Resources Corp ARTNB
Enterprise Value is just one metric. See GF Score™, valuation, warning signs, and more.
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Artesian Resources Enterprise Value Calculation

Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.

Artesian Resources's Enterprise Value for the fiscal year that ended in Dec. 2025 is calculated as

Artesian Resources's Enterprise Value for the quarter that ended in Mar. 2026 is calculated as

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Enterprise Value →
What does a Enterprise Value of $518.6 Mil mean?
Artesian Resources (ARTNB) has a Enterprise Value of $518.6 Mil as of Jun. 24, 2026. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on Artesian Resources and its competitors.
Is Artesian Resources' Enterprise Value too high?
Artesian Resources' current Enterprise Value is $518.6 Mil. Overall, Artesian Resources has a GF Score™ of 78/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Artesian Resources' Enterprise Value compare to CDZI and PCYO?
Artesian Resources' Enterprise Value of $518.6 Mil can be compared against companies in the Utilities - Regulated industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Enterprise Value for an Utilities - Regulated company?
A good Enterprise Value depends on the Utilities - Regulated industry context. However, Enterprise Value should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Enterprise Value mean?
A high Enterprise Value can signal that a stock is expensive relative to its fundamentals. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on Artesian Resources and its competitors. Artesian Resources's current Enterprise Value is $518.6 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Artesian Resources stock overvalued right now?
Based on GuruFocus' analysis, Artesian Resources (ARTNB) is currently considered Modestly Undervalued. The stock's GF Value™ is $38.60, compared to a current price of $33.51 — trading 13.2% below its estimated fair value. The current Enterprise Value is $518.6 Mil. Artesian Resources' overall GF Score™ is 78/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Enterprise Value calculated?
Enterprise Value is calculated from a company's financial statements. For Artesian Resources (ARTNB), the current Enterprise Value is $518.6 Mil as of Jun. 24, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Artesian Resources (ARTNB) Overvalued in 2026?

Based on GuruFocus' analysis, Artesian Resources stock appears to be undervalued. The current stock price of $33.51 is trading 13.2% below its estimated GF Value™ of $38.60. GuruFocus considers Artesian Resources to be Modestly Undervalued.

Key valuation signals for ARTNB:

  • Enterprise Value: $518.6 Mil
  • GF Value™: $38.60 vs. price of $33.51 (13.2% below fair value)
  • GF Score™: 78/100 with 3 warning signs

No single metric tells the full story. See the ARTNB stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Artesian Resources Business Description

Other Exchanges ARTNA:USA
Address 664 Churchmans Road, Newark, DE, USA, 19702
Artesian Resources Corp operates as a holding company based in the United States. Through its subsidiaries, it offers water, wastewater, and other services in Delaware, Maryland, and Pennsylvania. The Group distributes and sells water, including water for public and private fire protection, to residential, commercial, industrial, municipal, and utility customers. Additionally, it is involved in contract water and wastewater operations; offers wastewater services, and water, sewer, and internal Service Line Protection Plans. The Group operates its businesses mainly through one reportable segment, the Regulated Utility segment.
78GF Score

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Enterprise Value is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$33.51
Price
$38.60
GF Value