Middlesex Water Company (MSEX): Price and Financial Metrics

MSEX POWR Grades

• Momentum is the dimension where MSEX ranks best; there it ranks ahead of 80.08% of US stocks.
• The strongest trend for MSEX is in Momentum, which has been heading up over the past 179 days.
• MSEX's current lowest rank is in the Sentiment metric (where it is better than 1.27% of US stocks).

MSEX Stock Summary

• Price to trailing twelve month operating cash flow for MSEX is currently 56.11, higher than 91.12% of US stocks with positive operating cash flow.
• Of note is the ratio of Middlesex Water Co's sales and general administrative expense to its total operating expenses; merely 0.5% of US stocks have a lower such ratio.
• For MSEX, its debt to operating expenses ratio is greater than that reported by 95.18% of US equities we're observing.
• Stocks that are quantitatively similar to MSEX, based on their financial statements, market capitalization, and price volatility, are ACC, GNL, AER, NHI, and OTTR.
• Visit MSEX's SEC page to see the company's official filings. To visit the company's 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 2 year revenue growth rate is now at 2.92%.
• The 3 year revenue growth rate now stands at 7.65%.
• Its 2 year price growth rate is now at 47.38%.

Over the past 34 months, MSEX's revenue has gone up $5,543,000.

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
2021-12-31	143.141	33.028	36.423
2021-09-30	143.743	34.703	37.493
2021-06-30	143.789	47.115	38.754
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

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.