Artesian Resources Corporation

Artesian Resources Corporation provides water, wastewater, and other services in DE, MD, and PA. It distributes water to residential, commercial, and industrial customers. The company also offers wastewater collection, treatment, and management services. Additionally, it provides contract services, protection plans, and design/construction engineering services. Artesian owns real estate properties and offers maintenance/repair services for storm water management systems. As of 2023, the company served approximately 99,140 customers through 1,470 miles of transmission/distribution mains. Founded in 1905, the corporation is headquartered in Newark, DE.

Overview

Sector

Utilities Water

Target Price

0.0 USD

Current Price

32.8 USD

Potential

-100%

Strengths

Current Price to Earnings Ratio (16.83) is lower than the sector mean (44.79).
Price to book ratio (1.43) is lower than the sector mean (2.73).
EV/EBITDA (10.74) is lower than the sector mean (28.45).
EV/EBIT (14.27) is lower than the sector mean.
Strong EBITDA Margin of 44.90%.

Weaknesses

With a depreciation Potential of -100.00%, based on our fundamental analysis, it suggests the stock may be overvalued.
The company has high debt. Net Debt to EBITDA Ratio (3.66) is higher than the sector mean.

Key Financial Data

Indicator	Value
PER	16.6
EV/EBITDA	10.6
Price/Free Cash Flow'	100.0
ROIC	8.8%
Net Debt/EBITDA	3.7