ARTESIAN RESOURCES CORP-CL A (ARTNA) Stock Fundamental Analysis
USA - NASDAQ:ARTNA - US0431132085 - Common Stock
33.19 USD
+0.79 (+2.44%)
We assign a fundamental rating of 4 out of 10 to ARTNA. ARTNA was compared to 15 industry peers in the Water Utilities industry. There are concerns on the financial health of ARTNA while its profitability can be described as average. ARTNA is not valued too expensively and it also shows a decent growth rate. Finally 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.
ARTNA had positive earnings in each of the past 5 years.
Each year in the past 5 years ARTNA had a positive operating cash flow.
1.2 Ratios
With a Return On Assets value of 2.73%, ARTNA perfoms like the industry average, outperforming 46.67% of the companies in the same industry.
ARTNA has a Return On Equity (9.14%) which is in line with its industry peers.
Looking at the Return On Invested Capital, with a value of 3.24%, ARTNA is doing worse than 66.67% of the companies in the same industry.
ARTNA had an Average Return On Invested Capital over the past 3 years of 3.04%. This is in line with the industry average of 4.86%.
The 3 year average ROIC (3.04%) for ARTNA is below the current ROIC(3.24%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.73% | ||
| ROE | 9.14% | ||
| ROIC | 3.24% |
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
The Profit Margin of ARTNA (20.27%) is comparable to the rest of the industry.
ARTNA's Profit Margin has been stable in the last couple of years.
ARTNA has a better Operating Margin (32.00%) than 66.67% of its industry peers.
ARTNA's Operating Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 32% | ||
| PM (TTM) | 20.27% | ||
| 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.
The number of shares outstanding for ARTNA remains at a similar level compared to 1 year ago.
ARTNA has more shares outstanding than it did 5 years ago.
The debt/assets ratio for ARTNA has been reduced compared to a year ago.
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.
ARTNA has a worse Altman-Z score (0.78) than 66.67% of its industry peers.
ARTNA has a Debt/Equity ratio of 0.72. This is a neutral value indicating ARTNA is somewhat dependend on debt financing.
ARTNA's Debt to Equity ratio of 0.72 is fine compared to the rest of the industry. ARTNA outperforms 80.00% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.72 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 0.78 |
ROIC/WACC0.43
WACC7.63%
2.3 Liquidity
A Current Ratio of 0.87 indicates that ARTNA may have some problems paying its short term obligations.
The Current ratio of ARTNA (0.87) is worse than 60.00% of its industry peers.
ARTNA has a Quick Ratio of 0.87. This is a bad value and indicates that ARTNA is not financially healthy enough and could expect problems in meeting its short term obligations.
Looking at the Quick ratio, with a value of 0.69, ARTNA is doing worse than 60.00% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.87 | ||
| Quick Ratio | 0.69 |
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.
ARTNA shows a small growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 4.36% yearly.
ARTNA shows quite a strong growth in Revenue. In the last year, the Revenue has grown by 9.20%.
The Revenue has been growing slightly by 5.25% on average over the past years.
EPS 1Y (TTM)12.31%
EPS 3Y3.42%
EPS 5Y4.36%
EPS Q2Q%3.03%
Revenue 1Y (TTM)9.2%
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 7.22% on average per year.
Based on estimates for the next years, ARTNA will show a small growth in Revenue. The Revenue will grow by 5.06% on average per year.
EPS Next Y12.36%
EPS Next 2Y7.22%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year5.66%
Revenue Next 2Y5.06%
Revenue Next 3YN/A
Revenue Next 5YN/A
3.3 Evolution
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
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
Based on the Price/Earnings ratio of 15.16, the valuation of ARTNA can be described as correct.
Based on the Price/Earnings ratio, ARTNA is valued cheaply inside the industry as 86.67% of the companies are valued more expensively.
ARTNA's Price/Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 25.83.
The Price/Forward Earnings ratio is 14.58, which indicates a correct valuation of ARTNA.
Compared to the rest of the industry, the Price/Forward Earnings ratio of ARTNA indicates a rather cheap valuation: ARTNA is cheaper than 93.33% of the companies listed in the same industry.
ARTNA's Price/Forward Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 32.68.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 15.16 | ||
| Fwd PE | 14.58 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of ARTNA indicates a rather cheap valuation: ARTNA is cheaper than 93.33% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 10.63 |
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)1.23
PEG (5Y)3.47
EPS Next 2Y7.22%
EPS Next 3YN/A
5. Dividend
5.1 Amount
ARTNA has a Yearly Dividend Yield of 3.87%. Purely for dividend investing, there may be better candidates out there.
Compared to an average industry Dividend Yield of 3.39, ARTNA pays a better dividend. On top of this ARTNA pays more dividend than 93.33% of the companies listed in the same industry.
ARTNA's Dividend Yield is rather good when compared to the S&P500 average which is at 2.37.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.87% |
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 55.48% 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.
DP55.48%
EPS Next 2Y7.22%
EPS Next 3YN/A
NASDAQ:ARTNA (11/7/2025, 8:00:01 PM)
33.19
+0.79 (+2.44%)
Chartmill FA Rating
GICS SectorUtilities
GICS IndustryGroupUtilities
GICS IndustryWater Utilities
Earnings (Last)
Earnings (Next)
Inst Owners59.11%
Inst Owner Change0.21%
Ins Owners2.46%
Ins Owner Change0.71%
Market Cap342.19M
Revenue(TTM)107.95M
Net Income(TTM)22.38M
Analysts86.67
Price Target46.92 (41.37%)
Short Float %0.55%
Short Ratio1.82
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.87% |
Yearly Dividend1.18
Dividend Growth(5Y)3.81%
DP55.48%
Div Incr Years30
Div Non Decr Years30
Ex-Date
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)26.39%
Min EPS beat(2)5.76%
Max EPS beat(2)47.02%
EPS beat(4)4
Avg EPS beat(4)17.52%
Min EPS beat(4)5.05%
Max EPS beat(4)47.02%
EPS beat(8)5
Avg EPS beat(8)8.57%
EPS beat(12)7
Avg EPS beat(12)4.57%
EPS beat(16)9
Avg EPS beat(16)2.78%
Revenue beat(2)1
Avg Revenue beat(2)-1.95%
Min Revenue beat(2)-4.42%
Max Revenue beat(2)0.53%
Revenue beat(4)2
Avg Revenue beat(4)-0.51%
Min Revenue beat(4)-4.42%
Max Revenue beat(4)4.27%
Revenue beat(8)2
Avg Revenue beat(8)-1.66%
Revenue beat(12)3
Avg Revenue beat(12)-1.57%
Revenue beat(16)6
Avg Revenue beat(16)-0.62%
PT rev (1m)0%
PT rev (3m)0%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-4.35%
EPS NY rev (1m)0%
EPS NY rev (3m)0%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-0.88%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 15.16 | ||
| Fwd PE | 14.58 | ||
| P/S | 3.1 | ||
| P/FCF | N/A | ||
| P/OCF | 9.44 | ||
| P/B | 1.4 | ||
| P/tB | 1.41 | ||
| EV/EBITDA | 10.63 |
EPS(TTM)2.19
EY6.6%
EPS(NY)2.28
Fwd EY6.86%
FCF(TTM)-1.7
FCFYN/A
OCF(TTM)3.52
OCFY10.6%
SpS10.71
BVpS23.75
TBVpS23.54
PEG (NY)1.23
PEG (5Y)3.47
Graham Number34.21
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.73% | ||
| ROE | 9.14% | ||
| ROCE | 4.45% | ||
| ROIC | 3.24% | ||
| ROICexc | 3.24% | ||
| ROICexgc | 3.25% | ||
| OM | 32% | ||
| PM (TTM) | 20.27% | ||
| GM | N/A | ||
| FCFM | N/A |
ROA(3y)2.41%
ROA(5y)2.55%
ROE(3y)8.45%
ROE(5y)8.95%
ROIC(3y)3.04%
ROIC(5y)3.21%
ROICexc(3y)3.04%
ROICexc(5y)3.21%
ROICexgc(3y)3.05%
ROICexgc(5y)3.22%
ROCE(3y)4.2%
ROCE(5y)4.51%
ROICexgc growth 3Y-2.16%
ROICexgc growth 5Y-1.28%
ROICexc growth 3Y-2.24%
ROICexc growth 5Y-1.33%
OM growth 3Y0.16%
OM growth 5Y0.63%
PM growth 3Y0.66%
PM growth 5Y1.13%
GM growth 3YN/A
GM growth 5YN/A
F-Score7
Asset Turnover0.13
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.72 | ||
| Debt/FCF | N/A | ||
| Debt/EBITDA | 3.63 | ||
| Cap/Depr | 398.41% | ||
| Cap/Sales | 48.75% | ||
| Interest Coverage | 3.62 | ||
| Cash Conversion | 74.23% | ||
| Profit Quality | N/A | ||
| Current Ratio | 0.87 | ||
| Quick Ratio | 0.69 | ||
| Altman-Z | 0.78 |
F-Score7
WACC7.63%
ROIC/WACC0.43
Cap/Depr(3y)395.84%
Cap/Depr(5y)367.69%
Cap/Sales(3y)51.49%
Cap/Sales(5y)47.66%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)12.31%
EPS 3Y3.42%
EPS 5Y4.36%
EPS Q2Q%3.03%
EPS Next Y12.36%
EPS Next 2Y7.22%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)9.2%
Revenue growth 3Y5.91%
Revenue growth 5Y5.25%
Sales Q2Q%4.63%
Revenue Next Year5.66%
Revenue Next 2Y5.06%
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1Y13.41%
EBIT growth 3Y6.09%
EBIT growth 5Y5.91%
EBIT Next YearN/A
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y44.43%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y40%
OCF growth 3Y5.55%
OCF growth 5Y14.31%
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 of ARTESIAN RESOURCES CORP-CL A (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.
What is the valuation of ARTESIAN RESOURCES CORP-CL A based on its PE and PB ratios?
The Price/Earnings (PE) ratio for ARTESIAN RESOURCES CORP-CL A (ARTNA) is 15.16 and the Price/Book (PB) ratio is 1.4.
Can you provide the financial health for ARTNA stock?
The financial health rating of ARTESIAN RESOURCES CORP-CL A (ARTNA) is 1 / 10.