ARTNA:NSD-Artesian Resources Corporation (USD)

COMMON STOCK | Utilities-Regulated Water | NSD

Last Closing Price

USD 40.25

Change

-0.51 (-1.25)%

Market Cap

USD 0.38B

Volume

0.02M

Average Target Price

N/A
Average Analyst Rating

N/A

Fundamental Analysis

Verdict

About

Artesian Resources Corporation, through its subsidiaries, provides water, wastewater, and other services in Delaware, Maryland, and Pennsylvania. The company distributes and sells water to residential, commercial, industrial, governmental, municipal, and utility customers, as well as for public and private fire protection in the states of Delaware, Maryland, and Pennsylvania; and offers wastewater collection, treatment infrastructure, and wastewater services to customers in Delaware. It also provides contract water and wastewater services; water, sewer, and internal service line protection plans; and wastewater management services, as well as design, construction, and engineering services. In addition, the company offers services to other water utilities, including operations and billing functions; owns real estate properties, including land for office buildings, a water treatment plant, and wastewater facility; and provides design, installation, maintenance, and repair services related to existing or proposed storm water management systems. As of December 31, 2020, it served approximately 90,300 metered water customers in Delaware, 2,500 metered water customers in Maryland, and 40 customers in Pennsylvania through 1,368 miles of transmission and distribution mains. Artesian Resources Corporation was founded in 1905 and is headquartered in Newark, Delaware.

Technical Indicators

Unadjusted Closing Price

Adjusted Closing Price

Share Volume

Relative Performance (Total Returns)

Compare
Relative Returns (From:    To: 2021-04-21 )

Largest Industry Peers for Utilities-Regulated Water

Symbol Name Price(Change) Market Cap Price / Earning Ratio EV/EBITDA
MSEX Middlesex Water Company

+0.37 (+0.44%)

USD1.44B 38.20 27.54
YORW The York Water Company

+0.04 (+0.08%)

USD0.67B 40.39 25.48
GWRS Global Water Resources, Inc

-0.57 (-3.33%)

USD0.39B 349.59 30.39
CDZI Cadiz Inc

+1.12 (+11.28%)

USD0.38B N/A N/A
PCYO Pure Cycle Corporation

+0.15 (+0.96%)

USD0.37B 19.75 54.42
CWCO Consolidated Water Co. Ltd

-0.17 (-1.27%)

USD0.20B 54.60 9.00
PICO PICO Holdings, Inc

N/A

USD0.18B 19.02 34.46

ETFs Containing ARTNA

Symbol Name Weight Mer Price(Change) Market Cap

N/A

Market Performance

  Market Performance vs.
Industry/Classification (Utilities-Regulated Water)
Market Performance vs. Exchange
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
YTD  
Capital Gain 8.55% 43% F 52% F
Dividend Return 0.69% 80% B- 49% F
Total Return 9.24% 43% F 53% F
Trailing 12 Months  
Capital Gain 16.46% 43% F 25% F
Dividend Return 2.93% 100% A+ 47% F
Total Return 19.40% 43% F 24% F
Trailing 5 Years  
Capital Gain 48.85% 33% F 52% F
Dividend Return 16.95% 100% A+ 64% D
Total Return 65.80% 33% F 54% F
Average Annual (5 Year Horizon)  
Capital Gain 5.55% 29% F 49% F
Dividend Return 2.58% 80% B- 66% D
Total Return 8.12% 29% F 52% F
Risk Return Profile  
Volatility (Standard Deviation) 14.04% 100% A+ 86% B
Risk Adjusted Return 57.87% 43% F 77% C+
Market Capitalization 0.38B 57% F 46% F
Letter Grade Percentage Letter Grade Percentage Letter Grade Percentage
A+ 97%-100% A 93%-96% A- 90%-92%
B+ 87%-89% B 83%-86% B- 80%-82%
C+ 77%-79% C 73%-76% C- 70%-72%
D+ 67%-69% D 63%-66% D- 60%-62%
F 0%-59%

Key Financial Ratios

  Ratio vs. Industry/Classification
(Utilities-Regulated Water)
Ratio vs. Market
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
Market Value  
Price / Earning Ratio 22.77 83% B 45% F
Price/Book Ratio 2.29 83% B 60% D-
Price / Cash Flow Ratio 18.73 57% F 24% F
EV/EBITDA 13.53 83% B 61% D-
Management Effectiveness  
Return on Equity 10.20% 50% F 77% C+
Return on Invested Capital 6.82% 71% C- 72% C-
Return on Assets 3.03% 71% C- 75% C
Debt to Equity Ratio 84.01% 50% F 26% F
Technical Ratios  
Short Ratio 2.24 100% A+ 49% F
Short Percent 0.85% 86% B 84% B
Beta 0.05 86% B 95% A
Letter Grade Percentage Letter Grade Percentage Letter Grade Percentage
A+ 97%-100% A 93%-96% A- 90%-92%
B+ 97%-89% B 83%-86% B- 80%-82%
C+ 77%-79% C 73%-76% C- 70%-72%
D+ 67%-69% D 63%-66% D- 60%-62%
F 0%-59%

Annual Financials (USD)

Quarterly Financials (USD)

Analyst Rating

Target Price Action Rating Action Analyst Rating Price Date

Fundamental Analysis Breakdown

This is a composite scorecard based on the application of evaluation criteria deemed most important by analysts. This is not a buy or sell recommendation.

What to like:
Low volatility

The stock’s annual returns have been stable and consistent compared to its sector peers(for a hold period of at least 12 months) and is in the top quartile. Although stability is good, also keep in mind it can limit returns.

Superior total returns

The stock has outperformed its sector peers on average annual total returns basis in the past 5 years (for a hold period of at least 12 months) and is in the top quartile.

Underpriced compared to earnings

The stock is trading low compared to its peers on a price to earning basis and is in the top quartile. It may be underpriced but do check its financial performance to make sure there is no specific reason.

Underpriced compared to book value

The stock is trading low compared to its peers on a price to book value basis and is in the top quartile. It may be underpriced but do check its financial performance to make sure there is no specific reason.

Positive cash flow

The company had positive total cash flow in the most recent four quarters.

Positive free cash flow

The company had positive total free cash flow in the most recent four quarters.

Underpriced on free cash flow basis

The stock is trading low compared to its peers on a price to free cash flow basis and is in the top quartile. It may be underpriced but do check its financial performance to make sure there is no specific reason.

What to not like:
Poor risk adjusted returns

This company is delivering below median risk adjusted returns in its peers. Even if it is outperforming on returns , the returns are unpredictable. Proceed with caution.

Below median dividend returns

The company’s average income yield over the past 5 years has been low compared to its peers. However, it is not a problem if you are not looking for income.

Poor return on equity

The company management has delivered below median return on equity in the most recent 4 quarters compared to its peers.

Highly leveraged

The company is in the bottom half compared to its sector peers on debt to equity and is highly leveraged. However, do check the news and look at its sector and management statements. Sometimes this is high because the company is trying to grow aggressively.

Low Revenue Growth

This stock has shown below median revenue growth in the previous 5 years compared to its sector