Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.
Middlesex Water Co's operating assets for the quarter that ended in Mar. 2026 was $1,384.0 Mil. Middlesex Water Co's operating liabilities for the quarter that ended in Mar. 2026 was $455.7 Mil. Middlesex Water Co's Total Assets for the quarter that ended in Dec. 2025 was $1,365.7 Mil. Therefore, Middlesex Water Co's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.68.
Middlesex Water Co Scaled Net Operating Assets Related Terms
Middlesex Water Co Scaled Net Operating Assets Historical Data
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The historical data trend for Middlesex Water Co's Scaled Net Operating Assets 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.
Middlesex Water Co Scaled Net Operating Assets Chart
MSEX vs YORW, CWCO, ARTNA: Scaled Net Operating Assets Comparison
For the Utilities - Regulated Water subindustry, Middlesex Water Co's Scaled Net Operating Assets, along with its competitors' market caps and Scaled Net Operating Assets 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.
Middlesex Water Co Scaled Net Operating Assets vs Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, Middlesex Water Co's Scaled Net Operating Assets distribution charts can be found below:
* The bar in red indicates where Middlesex Water Co's Scaled Net Operating Assets 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.
What does a Scaled Net Operating Assets of 0.68 mean?
Middlesex Water Co (MSEX) has a Scaled Net Operating Assets of 0.68 as of Mar. 2026. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on Middlesex Water Co and its competitors.
Is Middlesex Water Co's Scaled Net Operating Assets too high?
Middlesex Water Co's current Scaled Net Operating Assets is 0.68. Overall, Middlesex Water Co has a GF Score™ of 83/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Middlesex Water Co's Scaled Net Operating Assets compare to YORW and CWCO?
Middlesex Water Co's Scaled Net Operating Assets of 0.68 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 Scaled Net Operating Assets for an Utilities - Regulated company?
A good Scaled Net Operating Assets depends on the Utilities - Regulated industry context. However, Scaled Net Operating Assets 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 Scaled Net Operating Assets mean?
A high Scaled Net Operating Assets can signal that a stock is expensive relative to its fundamentals. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on Middlesex Water Co and its competitors. Middlesex Water Co's current Scaled Net Operating Assets is 0.68. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Middlesex Water Co stock overvalued right now?
Based on GuruFocus' analysis, Middlesex Water Co (MSEX) is currently considered Fairly Valued. The stock's GF Value™ is $62.62, compared to a current price of $57.55 — trading 8.1% below its estimated fair value. The current Scaled Net Operating Assets is 0.68. Middlesex Water Co's overall GF Score™ is 83/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Scaled Net Operating Assets calculated?
Scaled Net Operating Assets is calculated from a company's financial statements. For Middlesex Water Co (MSEX), the current Scaled Net Operating Assets is 0.68 as of Mar. 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 Middlesex Water Co (MSEX) Overvalued in 2026?
Based on GuruFocus' analysis, Middlesex Water Co stock appears to be undervalued.
The current stock price of $57.55 is trading 8.1% below its estimated GF Value™ of $62.62.
GuruFocus considers Middlesex Water Co to be Fairly Valued.
Key valuation signals for MSEX:
Scaled Net Operating Assets: 0.68
GF Value™: $62.62 vs. price of $57.55 (8.1% below fair value)
No single metric tells the full story. See the MSEX stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Middlesex Water Co owns and operates regulated water utility and wastewater systems in the U.S. The company has two operating segments, Regulated and Non-Regulated. The regulated business includes collecting and distributing water to residential, commercial, industrial, and fire protection consumers. The non-regulated business includes contract services for the operation of private water and wastewater systems. The majority of the company's revenue is derived from the Regulated segment and from residential customers.
83GF Score
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