Middlesex Water Company (MSEX): Price and Financial Metrics

MSEX POWR Grades

• MSEX scores best on the Momentum dimension, with a Momentum rank ahead of 95.04% of US stocks.
• MSEX's strongest trending metric is Sentiment; it's been moving down over the last 178 days.
• MSEX ranks lowest in Value; there it ranks in the 6th percentile.

MSEX Stock Summary

• Of note is the ratio of MIDDLESEX WATER CO's sales and general administrative expense to its total operating expenses; merely 0.55% of US stocks have a lower such ratio.
• The ratio of debt to operating expenses for MIDDLESEX WATER CO is higher than it is for about 95.38% of US stocks.
• MSEX's price/sales ratio is 10.27; that's higher than the P/S ratio of 88.86% of US stocks.
• If you're looking for stocks that are quantitatively similar to MIDDLESEX WATER CO, a group of peers worth examining would be OTTR, DEI, CPK, NHI, and BXP.
• 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 10.6; this is 307.69% higher than that of the median Utilities stock.
• MSEX's EV/EBIT ratio has moved up 27.9 over the prior 243 months.

Below are key valuation metrics over time for MSEX.

MSEX Growth Metrics

The 5 year net income to common stockholders growth rate now stands at 54.34%.
• The 4 year cash and equivalents growth rate now stands at 830.86%.
• The year over year net cashflow from operations growth rate now stands at -19.5%.

Over the past 70 months, MSEX's revenue has gone up $24,729,000.

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
2022-09-30	157.635	58.631	42.377
2022-06-30	149.777	45.31	39.562
2022-03-31	146.795	37.561	41.617
2021-12-31	143.141	33.028	36.423
2021-09-30	143.743	34.703	37.493
2021-06-30	143.789	47.115	38.754

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 19.68% of graded US stocks.
• MSEX's asset turnover comes in at 0.143 -- ranking 87th of 105 Utilities stocks.
• AVA, AQN, and SJW are the stocks whose asset turnover ratios are most correlated with MSEX.

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