Middlesex Water Company (MSEX): Price and Financial Metrics

MSEX POWR Grades

• MSEX scores best on the Stability dimension, with a Stability rank ahead of 75.87% of US stocks.
• The strongest trend for MSEX is in Value, which has been heading down over the past 52 weeks.
• MSEX's current lowest rank is in the Value metric (where it is better than 3.76% of US stocks).

MSEX Stock Summary

• With a one year PEG ratio of 698.32, Middlesex Water Co is expected to have a higher PEG ratio (a measure of how expensive a stock is relative to its expected earnings growth) than 95.76% of US stocks.
• Of note is the ratio of Middlesex Water Co's sales and general administrative expense to its total operating expenses; only 0.35% of US stocks have a lower such ratio.
• For MSEX, its debt to operating expenses ratio is greater than that reported by 95.49% of US equities we're observing.
• Stocks that are quantitatively similar to MSEX, based on their financial statements, market capitalization, and price volatility, are GNL, PNW, DEI, OTTR, and CPK.
• MSEX's SEC filings can be seen here. And to visit Middlesex Water Co's official web site, go to www.middlesexwater.com.

MSEX Valuation Summary

• MSEX's price/sales ratio is 13.7; this is 552.38% higher than that of the median Utilities stock.
• MSEX's price/sales ratio has moved up 10.6 over the prior 243 months.
• Over the past 243 months, MSEX's price/sales ratio has gone up 10.6.

Below are key valuation metrics over time for MSEX.

MSEX Growth Metrics

• Its 4 year cash and equivalents growth rate is now at 870.34%.
• Its 2 year revenue growth rate is now at 2.92%.
• Its 4 year revenue growth rate is now at 6.14%.

Over the past 49 months, MSEX's revenue has gone up $11,042,000.

The table below shows MSEX's growth in key financial areas (numbers in millions of US dollars).

Date	Revenue	Operating Cash Flow	Net Income to Common Stock
2021-06-30	143.789	47.115	38.754
2021-03-31	142.365	46.659	37.544
2020-12-31	141.592	53.355	38.305
2020-09-30	139.705	49.995	38.068
2020-06-30	137.554	45.252	36.45
2020-03-31	135.67	44.527	34.877

MSEX's Quality Factors

The “Quality” component of the POWR Ratings focuses on 31 different factors of a companies fundamentals and operational strength. Here are some key insights as we drill into the specifics of these quality attributes.

• MSEX has a Quality Grade of D, ranking ahead of 22.99% of graded US stocks.
• MSEX's asset turnover comes in at 0.146 -- ranking 86th of 105 Utilities stocks.
• AVA, SJW, and RGCO are the stocks whose asset turnover ratios are most correlated with MSEX.

The table below shows MSEX's key quality metrics over time.