33.05 USD
-0.73 (-2.16%)
32.7 USD
-0.35 (-1.06%)
Overall ARTNA gets a fundamental rating of 4 out of 10. We evaluated ARTNA against 14 industry peers in the Water Utilities industry. ARTNA has a medium profitability rating, but doesn't score so well on its financial health evaluation. ARTNA has a correct valuation and a medium growth rate. ARTNA also has an excellent dividend rating.
1. Profitability
1.1 Basic Checks
- In the past year ARTNA was profitable.
- In the past year ARTNA had a positive cash flow from operations.
- Each year in the past 5 years ARTNA has been profitable.
- Each year in the past 5 years ARTNA had a positive operating cash flow.
1.2 Ratios
- ARTNA has a Return On Assets (2.70%) which is comparable to the rest of the industry.
- With a decent Return On Equity value of 9.05%, ARTNA is doing good in the industry, outperforming 64.29% of the companies in the same industry.
- Looking at the Return On Invested Capital, with a value of 3.22%, ARTNA is doing worse than 64.29% of the companies in the same industry.
- The Average Return On Invested Capital over the past 3 years for ARTNA is in line with the industry average of 4.99%.
- The last Return On Invested Capital (3.22%) for ARTNA is above the 3 year average (3.04%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.7% | ||
| ROE | 9.05% | ||
| ROIC | 3.22% |
ROA(3y)2.41%
ROA(5y)2.55%
ROE(3y)8.45%
ROE(5y)8.95%
ROIC(3y)3.04%
ROIC(5y)3.21%
1.3 Margins
- Looking at the Profit Margin, with a value of 20.16%, ARTNA is in line with its industry, outperforming 50.00% of the companies in the same industry.
- In the last couple of years the Profit Margin of ARTNA has remained more or less at the same level.
- With a decent Operating Margin value of 31.74%, ARTNA is doing good in the industry, outperforming 64.29% of the companies in the same industry.
- ARTNA's Operating Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 31.74% | ||
| PM (TTM) | 20.16% | ||
| GM | N/A |
OM growth 3Y0.16%
OM growth 5Y0.63%
PM growth 3Y0.66%
PM growth 5Y1.13%
GM growth 3YN/A
GM growth 5YN/A
2. Health
2.1 Basic Checks
- ARTNA has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
- ARTNA has about the same amout of shares outstanding than it did 1 year ago.
- ARTNA has more shares outstanding than it did 5 years ago.
- Compared to 1 year ago, ARTNA has an improved debt to assets ratio.
2.2 Solvency
- Based on the Altman-Z score of 0.78, we must say that ARTNA is in the distress zone and has some risk of bankruptcy.
- The Altman-Z score of ARTNA (0.78) is worse than 71.43% of its industry peers.
- ARTNA has a Debt/Equity ratio of 0.70. This is a neutral value indicating ARTNA is somewhat dependend on debt financing.
- ARTNA's Debt to Equity ratio of 0.70 is fine compared to the rest of the industry. ARTNA outperforms 78.57% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.7 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 0.78 |
ROIC/WACC0.39
WACC8.3%
2.3 Liquidity
- ARTNA has a Current Ratio of 0.68. This is a bad value and indicates that ARTNA is not financially healthy enough and could expect problems in meeting its short term obligations.
- ARTNA has a worse Current ratio (0.68) than 64.29% of its industry peers.
- A Quick Ratio of 0.54 indicates that ARTNA may have some problems paying its short term obligations.
- With a Quick ratio value of 0.54, ARTNA is not doing good in the industry: 64.29% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.68 | ||
| Quick Ratio | 0.54 |
3. Growth
3.1 Past
- ARTNA shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 12.31%, which is quite good.
- The Earnings Per Share has been growing slightly by 4.36% on average over the past years.
- ARTNA shows a small growth in Revenue. In the last year, the Revenue has grown by 5.80%.
- ARTNA shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 5.25% yearly.
EPS 1Y (TTM)12.31%
EPS 3Y3.42%
EPS 5Y4.36%
EPS Q2Q%3.03%
Revenue 1Y (TTM)5.8%
Revenue growth 3Y5.91%
Revenue growth 5Y5.25%
Sales Q2Q%4.63%
3.2 Future
- Based on estimates for the next years, ARTNA will show a small growth in Earnings Per Share. The EPS will grow by 4.60% on average per year.
- ARTNA is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 4.80% yearly.
EPS Next Y13.4%
EPS Next 2Y2%
EPS Next 3Y4.6%
EPS Next 5YN/A
Revenue Next Year6.6%
Revenue Next 2Y5.06%
Revenue Next 3Y4.8%
Revenue Next 5YN/A
3.3 Evolution
- The EPS growth rate is stable: in the next years the growth will be about the same than in the last years.
- When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is stable.
4. Valuation
4.1 Price/Earnings Ratio
- ARTNA is valuated correctly with a Price/Earnings ratio of 15.09.
- ARTNA's Price/Earnings ratio is rather cheap when compared to the industry. ARTNA is cheaper than 92.86% of the companies in the same industry.
- The average S&P500 Price/Earnings ratio is at 27.21. ARTNA is valued slightly cheaper when compared to this.
- ARTNA is valuated correctly with a Price/Forward Earnings ratio of 16.04.
- Based on the Price/Forward Earnings ratio, ARTNA is valued cheaply inside the industry as 92.86% of the companies are valued more expensively.
- ARTNA is valuated rather cheaply when we compare the Price/Forward Earnings ratio to 24.26, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 15.09 | ||
| Fwd PE | 16.04 |
4.2 Price Multiples
- ARTNA's Enterprise Value to EBITDA ratio is rather cheap when compared to the industry. ARTNA is cheaper than 92.86% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 10.66 |
4.3 Compensation for Growth
- ARTNA's PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
PEG (NY)1.13
PEG (5Y)3.46
EPS Next 2Y2%
EPS Next 3Y4.6%
5. Dividend
5.1 Amount
- ARTNA has a Yearly Dividend Yield of 3.74%. Purely for dividend investing, there may be better candidates out there.
- Compared to an average industry Dividend Yield of 2.91, ARTNA pays a better dividend. On top of this ARTNA pays more dividend than 92.86% of the companies listed in the same industry.
- Compared to an average S&P500 Dividend Yield of 1.82, ARTNA pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.74% |
5.2 History
- The dividend of ARTNA has a limited annual growth rate of 3.81%.
- ARTNA has paid a dividend for at least 10 years, which is a reliable track record.
- ARTNA has not decreased their dividend for at least 10 years, which is a reliable track record.
Dividend Growth(5Y)3.81%
Div Incr Years30
Div Non Decr Years30
5.3 Sustainability
- ARTNA pays out 55.68% of its income as dividend. This is a bit on the high side, but may be sustainable.
- ARTNA's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP55.68%
EPS Next 2Y2%
EPS Next 3Y4.6%
ARTESIAN RESOURCES CORP-CL A / ARTNA FAQ
Can you provide the ChartMill fundamental rating for ARTESIAN RESOURCES CORP-CL A?
ChartMill assigns a fundamental rating of 4 / 10 to ARTNA.
What is the valuation status for ARTNA stock?
ChartMill assigns a valuation rating of 5 / 10 to ARTESIAN RESOURCES CORP-CL A (ARTNA). This can be considered as Fairly Valued.
How profitable is ARTESIAN RESOURCES CORP-CL A (ARTNA) stock?
ARTESIAN RESOURCES CORP-CL A (ARTNA) has a profitability rating of 5 / 10.
Can you provide the financial health for ARTNA stock?
The financial health rating of ARTESIAN RESOURCES CORP-CL A (ARTNA) is 1 / 10.
Can you provide the dividend sustainability for ARTNA stock?
The dividend rating of ARTESIAN RESOURCES CORP-CL A (ARTNA) is 8 / 10 and the dividend payout ratio is 55.68%.