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Consolidated Water CoCWCO +0.07%79 Piotroski F-Score is 6 as of Sep. 02, 2026, which is at its 10-year median of 6.00. GuruFocus rates CWCO with a GF Score™ of 79/100 and a GF Value™ of $27.16 (Fairly Valued). The stock has 2 warning signs investors should review. Among 497 Utilities - Regulated companies, Consolidated Water Co ranks better than 71.03% on this metric.
The zones of discrimination were as such:
Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3
Consolidated Water Co has an F-score of 6 indicating the company's financial situation is typical for a stable company.
The historical rank and industry rank for Consolidated Water Co's Piotroski F-Score or its related term are showing as below:
CWCO'
s Piotroski F-Score Range Over the Past 10 Years
Min: 3 Med: 6 Max: 7
Current: 6
During the past 13 years, the highest Piotroski F-Score of Consolidated Water Co was 7. The lowest was 3. And the median was 6.
Consolidated Water Co (NAS:CWCO) Piotroski F-Score Explanation
The developer of the system is Joseph D. Piotroski is relatively unknown accounting professor who shuns publicity and rarely gives interviews.
He graduated from the University of Illinois with a B.S. in accounting in 1989, received an M.B.A. from Indiana University in 1994. Five years later, in 1999, after earning a Ph.D. in accounting from the University of Michigan, he became an associate professor of accounting at the University of Chicago.
He wanted to see if he can develop a system (using a simple nine-point scoring system) that can increase the returns of a strategy of investing in low price to book (referred to in the paper as high book to market) value companies.
What he found was something that exceeded his most optimistic expectations.
Buying only those companies that scored highest (8 or 9) on his nine-point scale, or F-Score as he called it, over the 20 year period from 1976 to 1996 led to an average out-performance over the market of 13.4%.
Even more impressive were the results of a strategy of investing in the highest F-Score companies (8 or 9) and shorting companies with the lowest F-Score (0 or 1).
Over the same period from 1976 to 1996 (20 years) this strategy led to an average yearly return of 23%, substantially outperforming the average S&P 500 index return of 15.83% over the same period.
Consolidated Water Co Piotroski F-Score Related Terms
Consolidated Water Co Piotroski F-Score Historical Data
* Premium members only.
The historical data trend for Consolidated Water Co's Piotroski F-Score 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.
CWCO vs YORW, ARTNA, CDZI: Piotroski F-Score Comparison
For the Utilities - Regulated Water subindustry, Consolidated Water Co's Piotroski F-Score, along with its competitors' market caps and Piotroski F-Score 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.
Consolidated Water Co Piotroski F-Score vs Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, Consolidated Water Co's Piotroski F-Score distribution charts can be found below:
* The bar in red indicates where Consolidated Water Co's Piotroski F-Score falls into.
* 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.
*Note: If the latest quarterly/semi-annual/annual total assets data is 0, then we will use previous quarterly/semi-annual/annual data for all the items in the balance sheet.
Profitability
Question 1. Return on Assets (ROA)
Net income before extraordinary items for the year divided by Total Assets at the beginning of the year.
Score 1 if positive, 0 if negative.
Consolidated Water Co's current Net Income (TTM) was 16.2.
==> Positive ==> Score 1.
Question 2. Cash Flow Return on Assets (CFROA)
Net cash flow from operating activities (operating cash flow) divided by Total Assets at the beginning of the year.
Consolidated Water Co's return on assets of this year was 0.06274854. Consolidated Water Co's return on assets of last year was 0.06718347.
==> Last year is higher ==> Score 0.
Question 4. Quality of Earnings (Accrual)
Compare Cash flow return on assets (2) to return on assets (1)
Consolidated Water Co's gearing of this year was 0.00772777. Consolidated Water Co's gearing of last year was 0.01112911.
==> This year is lower or equal to last year. ==> Score 1.
Question 6. Change in Working Capital (Liquidity)
Compare this year's current ratio (current assets divided by current liabilities) to last year's current ratio.
Score 1 if this year's current ratio is higher, 0 if it's lower
Consolidated Water Co's current ratio of this year was 5.94746024. Consolidated Water Co's current ratio of last year was 5.23907209.
==> This year's current ratio is higher. ==> Score 1.
Question 7. Change in Shares in Issue
Compare the number of shares in issue this year, to the number in issue last year.
Score 0 if there is larger number of shares in issue this year, 1 otherwise.
Consolidated Water Co's number of shares in issue this year was 16.108. Consolidated Water Co's number of shares in issue last year was 16.044.
==> There is larger number of shares in issue this year. ==> Score 0.
Efficiency
Question 8. Change in Gross Margin
Compare this year's gross margin (Gross Profit divided by sales) to last year's.
Score 1 if this year's gross margin is higher, 0 if it's lower.
Consolidated Water Co's gross margin of this year was 0.35357454. Consolidated Water Co's gross margin of last year was 0.3506061.
==> This year's gross margin is higher. ==> Score 1.
Question 9. Change in asset turnover
Compare this year's asset turnover (total sales for the year divided by total assets at the beginning of the year) to last year's asset turnover ratio.
Score 1 if this year's asset turnover ratio is higher, 0 if it's lower
Consolidated Water Co's asset turnover of this year was 0.495569. Consolidated Water Co's asset turnover of last year was 0.54900452.
==> Last year's asset turnover is higher ==> Score 0.
Evaluation
Piotroski F-Score
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6
Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3
Consolidated Water Co has an F-score of 6 indicating the company's financial situation is typical for a stable company.
Consolidated Water Co (CWCO) has a Piotroski F-Score of 6 as of Sep. 02, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Consolidated Water Co and its competitors. This is near median its historical median of 6.00. Over the past decade, Consolidated Water Co's Piotroski F-Score has ranged from 3.00 to 7.00. According to the industry distribution chart, Consolidated Water Co ranks #144 out of 497 companies in the Utilities - Regulated industry, placing it in the top 29%.
Is Consolidated Water Co's Piotroski F-Score too high?
Consolidated Water Co's current Piotroski F-Score of 6 is near median its 10-year median of 6.00. Over the past 10 years, this metric has ranged from a low of 3.00 to a high of 7.00. The Utilities - Regulated industry median Piotroski F-Score is 6.00. Consolidated Water Co's value of 6 is 0% at this industry median. Based on the distribution chart, Consolidated Water Co ranks #144 out of 497 companies in the Utilities - Regulated industry, which is above the industry midpoint. Overall, Consolidated Water Co has a GF Score™ of 79/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Consolidated Water Co's Piotroski F-Score compare to YORW and ARTNA?
According to the Utilities - Regulated industry distribution chart, Consolidated Water Co ranks #144 out of 497 companies for Piotroski F-Score. This puts Consolidated Water Co in the upper half of its industry. The industry median Piotroski F-Score is 6.00. Consolidated Water Co's value of 6 is 0% at this benchmark. Historically, Consolidated Water Co's own Piotroski F-Score has ranged from 3.00 to 7.00 over the past decade. While the company's 10-year median is 6.00 vs. the industry median of 6.00, Consolidated Water Co has consistently been at the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Piotroski F-Score for an Utilities - Regulated company?
The median Piotroski F-Score among Utilities - Regulated companies is 6.00, based on 497 companies in the industry. Companies in the top quartile (top 25%) have a Piotroski F-Score significantly above this median, while those in the bottom quartile fall well below. However, Piotroski F-Score should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Consolidated Water Co's current Piotroski F-Score of 6 is 0% at the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Piotroski F-Score mean?
A high Piotroski F-Score can signal that a stock is expensive relative to its fundamentals. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Consolidated Water Co and its competitors. For the Utilities - Regulated industry, the median Piotroski F-Score is 6.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Consolidated Water Co's current Piotroski F-Score is 6, which is near median its own 10-year median of 6.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Consolidated Water Co stock overvalued right now?
Based on GuruFocus' analysis, Consolidated Water Co (CWCO) is currently considered Fairly Valued. The stock's GF Value™ is $27.16, compared to a current price of $28.97 — trading 6.7% above its estimated fair value. The current Piotroski F-Score is 6, which is near median its 10-year median of 6.00 and 0% at the Utilities - Regulated industry median of 6.00. Consolidated Water Co's overall GF Score™ is 79/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Piotroski F-Score calculated?
Piotroski F-Score is calculated from a company's financial statements. For Consolidated Water Co (CWCO), the current Piotroski F-Score is 6 as of Sep. 02, 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 Consolidated Water Co (CWCO) Overvalued in 2026?
Based on GuruFocus' analysis, Consolidated Water Co stock appears to be overvalued.
The current stock price of $28.97 is trading 6.7% above its estimated GF Value™ of $27.16.
GuruFocus considers Consolidated Water Co to be Fairly Valued.
Key valuation signals for CWCO:
Piotroski F-Score: 6 (near median its 10-year median of 6.00)
GF Value™: $27.16 vs. price of $28.97 (6.7% above fair value)
Industry Position: 0% at the Utilities - Regulated median (#144 of 497)
No single metric tells the full story. See the CWCO stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Consolidated Water Co Ltd is a water utility company. It develops and operates seawater desalination plants and water distribution systems. The company's business segments are; The retail segment operates the water utility for the Seven Mile Beach and West Bay areas of Grand Cayman Island, The bulk segment supplies potable water to government utilities in Grand Cayman and The Bahamas under long-term contracts, The services segment designs, constructs and sells water infrastructure and provides management and operating services to third parties. The manufacturing segment manufactures and services a wide range of custom and specialized water-related products applicable to commercial, municipal, and industrial water production, supply, and treatment, and the corporate segment.
79GF Score
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