33.33 USD
+0.33 (+1%)
Overall ARTNA gets a fundamental rating of 4 out of 10. We evaluated ARTNA against 14 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 has a decent growth rate and is not valued too expensively. ARTNA also has an excellent dividend rating.
1. Profitability
1.1 Basic Checks
- ARTNA had positive earnings in the past year.
- ARTNA had a positive operating cash flow in the past year.
- 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
- Looking at the Return On Assets, with a value of 2.70%, ARTNA is in line with its industry, outperforming 42.86% of the companies in the same industry.
- Looking at the Return On Equity, with a value of 9.05%, ARTNA is in the better half of the industry, outperforming 64.29% of the companies in the same industry.
- ARTNA has a Return On Invested Capital of 3.22%. This is in the lower half of the industry: ARTNA underperforms 64.29% of its industry peers.
- Measured over the past 3 years, the Average Return On Invested Capital 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
- ARTNA has a Profit Margin (20.16%) which is in line with its industry peers.
- In the last couple of years the Profit Margin of ARTNA has remained more or less at the same level.
- ARTNA has a Operating Margin of 31.74%. This is in the better half of the industry: ARTNA outperforms 64.29% of its industry peers.
- In the last couple of years the Operating Margin of ARTNA has remained more or less at the same level.
| 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
- With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), ARTNA is destroying value.
- Compared to 1 year ago, ARTNA has about the same amount of shares outstanding.
- The number of shares outstanding for ARTNA has been increased compared to 5 years ago.
- ARTNA has a better debt/assets ratio than last year.
2.2 Solvency
- ARTNA has an Altman-Z score of 0.77. This is a bad value and indicates that ARTNA is not financially healthy and even has some risk of bankruptcy.
- The Altman-Z score of ARTNA (0.77) is worse than 71.43% of its industry peers.
- A Debt/Equity ratio of 0.70 indicates that ARTNA is somewhat dependend on debt financing.
- With a decent Debt to Equity ratio value of 0.70, ARTNA is doing good in the industry, outperforming 78.57% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.7 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 0.77 |
ROIC/WACC0.4
WACC7.98%
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.
- Looking at the Current ratio, with a value of 0.68, ARTNA is doing worse than 64.29% of the companies in the same industry.
- A Quick Ratio of 0.54 indicates that ARTNA may have some problems paying its short term obligations.
- Looking at the Quick ratio, with a value of 0.54, ARTNA is doing worse than 64.29% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.68 | ||
| Quick Ratio | 0.54 |
3. Growth
3.1 Past
- The Earnings Per Share has grown by an nice 12.31% over the past year.
- Measured over the past 5 years, ARTNA shows a small growth in Earnings Per Share. The EPS has been growing by 4.36% on average per year.
- Looking at the last year, ARTNA shows a small growth in Revenue. The Revenue has grown by 5.80% in the last year.
- 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
- The Earnings Per Share is expected to grow by 4.60% on average over the next years.
- Based on estimates for the next years, ARTNA will show a small growth in Revenue. The Revenue will grow by 4.80% on average per year.
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
- When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is stable.
- 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 15.22, the valuation of ARTNA can be described as correct.
- Compared to the rest of the industry, the Price/Earnings ratio of ARTNA indicates a rather cheap valuation: ARTNA is cheaper than 92.86% of the companies listed in the same industry.
- When comparing the Price/Earnings ratio of ARTNA to the average of the S&P500 Index (27.25), we can say ARTNA is valued slightly cheaper.
- Based on the Price/Forward Earnings ratio of 16.18, the valuation of ARTNA can be described as correct.
- 92.86% of the companies in the same industry are more expensive than ARTNA, based on the Price/Forward Earnings ratio.
- ARTNA's Price/Forward Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 25.98.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 15.22 | ||
| Fwd PE | 16.18 |
4.2 Price Multiples
- 92.86% of the companies in the same industry are more expensive than ARTNA, based on the Enterprise Value to EBITDA ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 10.5 |
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)1.14
PEG (5Y)3.49
EPS Next 2Y2%
EPS Next 3Y4.6%
5. Dividend
5.1 Amount
- ARTNA has a Yearly Dividend Yield of 3.71%. Purely for dividend investing, there may be better candidates out there.
- Compared to an average industry Dividend Yield of 2.93, 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 | 3.71% |
5.2 History
- The dividend of ARTNA has a limited annual growth rate of 3.81%.
- ARTNA has been paying a dividend for at least 10 years, so it has 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.
- The dividend of ARTNA is growing, but earnings are growing more, so the dividend growth is 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%.