31.56 USD
+0.49 (+1.58%)
31.56 USD
0 (0%)
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
ARTNA had positive earnings in the past year.
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
ARTNA's Return On Assets of 2.70% is in line compared to the rest of the industry. ARTNA outperforms 46.67% of its industry peers.
The Return On Equity of ARTNA (9.05%) is better than 66.67% of its industry peers.
Looking at the Return On Invested Capital, with a value of 3.22%, 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 4.77%.
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
With a Profit Margin value of 20.16%, ARTNA perfoms like the industry average, outperforming 53.33% of the companies in the same industry.
ARTNA's Profit Margin has been stable in the last couple of years.
ARTNA's Operating Margin of 31.74% is fine compared to the rest of the industry. ARTNA outperforms 73.33% 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
The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so ARTNA is destroying value.
Compared to 1 year ago, ARTNA has about the same amount of shares outstanding.
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
ARTNA has an Altman-Z score of 0.75. This is a bad value and indicates that ARTNA is not financially healthy and even has some risk of bankruptcy.
ARTNA has a worse Altman-Z score (0.75) than 66.67% 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.
The Debt to Equity ratio of ARTNA (0.70) is better than 80.00% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.7 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 0.75 |
ROIC/WACC0.42
WACC7.58%
2.3 Liquidity
A Current Ratio of 0.68 indicates that ARTNA may have some problems paying its short term obligations.
With a Current ratio value of 0.68, ARTNA is not doing good in the industry: 66.67% of the companies in the same industry are doing better.
ARTNA has a Quick 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 Quick ratio, with a value of 0.54, ARTNA is doing worse than 66.67% of the companies in the same industry.
| 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.
ARTNA shows a small growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 4.36% yearly.
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
ARTNA is expected to show a small growth in Earnings Per Share. In the coming years, the EPS will grow by 4.60% yearly.
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 14.41.
ARTNA's Price/Earnings ratio is rather cheap when compared to the industry. ARTNA is cheaper than 93.33% of the companies in the same industry.
Compared to an average S&P500 Price/Earnings ratio of 26.49, ARTNA is valued a bit cheaper.
A Price/Forward Earnings ratio of 15.32 indicates a correct valuation of ARTNA.
93.33% of the companies in the same industry are more expensive than ARTNA, based on the Price/Forward Earnings ratio.
The average S&P500 Price/Forward Earnings ratio is at 23.69. ARTNA is valued slightly cheaper when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 14.41 | ||
| Fwd PE | 15.32 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, ARTNA is valued cheaper than 93.33% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 10.19 |
4.3 Compensation for Growth
The PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
PEG (NY)1.08
PEG (5Y)3.3
EPS Next 2Y2%
EPS Next 3Y4.6%
5. Dividend
5.1 Amount
ARTNA has a Yearly Dividend Yield of 4.04%, which is a nice return.
Compared to an average industry Dividend Yield of 3.47, 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 2.31.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.04% |
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
55.68% of the earnings are spent on dividend by ARTNA. 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%
31.56
+0.49 (+1.58%)
Chartmill FA Rating
GICS SectorUtilities
GICS IndustryGroupUtilities
GICS IndustryWater Utilities
Earnings (Last)
Earnings (Next)
Inst Owners58.75%
Inst Owner Change-0.21%
Ins Owners2.46%
Ins Owner Change-1.06%
Market Cap325.38M
Revenue(TTM)111.78M
Net Income(TTM)22.53M
Analysts86.67
Price Target46.92 (48.67%)
Short Float %0.56%
Short Ratio2.29
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.04% |
Yearly Dividend1.18
Dividend Growth(5Y)3.81%
DP55.68%
Div Incr Years30
Div Non Decr Years30
Ex-Date
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)2.89%
Min EPS beat(2)0.03%
Max EPS beat(2)5.76%
EPS beat(4)4
Avg EPS beat(4)16.27%
Min EPS beat(4)0.03%
Max EPS beat(4)47.02%
EPS beat(8)6
Avg EPS beat(8)8.68%
EPS beat(12)7
Avg EPS beat(12)3.84%
EPS beat(16)9
Avg EPS beat(16)2.48%
Revenue beat(2)0
Avg Revenue beat(2)-2.87%
Min Revenue beat(2)-4.42%
Max Revenue beat(2)-1.32%
Revenue beat(4)2
Avg Revenue beat(4)-0.24%
Min Revenue beat(4)-4.42%
Max Revenue beat(4)4.27%
Revenue beat(8)2
Avg Revenue beat(8)-1.73%
Revenue beat(12)3
Avg Revenue beat(12)-1.61%
Revenue beat(16)5
Avg Revenue beat(16)-0.77%
PT rev (1m)0%
PT rev (3m)0%
EPS NQ rev (1m)0%
EPS NQ rev (3m)0%
EPS NY rev (1m)0.93%
EPS NY rev (3m)0.93%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0%
Revenue NY rev (1m)0.89%
Revenue NY rev (3m)0.89%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 14.41 | ||
| Fwd PE | 15.32 | ||
| P/S | 2.91 | ||
| P/FCF | N/A | ||
| P/OCF | 8.89 | ||
| P/B | 1.31 | ||
| P/tB | 1.32 | ||
| EV/EBITDA | 10.19 |
EPS(TTM)2.19
EY6.94%
EPS(NY)2.06
Fwd EY6.53%
FCF(TTM)-1.84
FCFYN/A
OCF(TTM)3.55
OCFY11.24%
SpS10.84
BVpS24.14
TBVpS23.92
PEG (NY)1.08
PEG (5Y)3.3
Graham Number34.49
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.7% | ||
| ROE | 9.05% | ||
| ROCE | 4.41% | ||
| ROIC | 3.22% | ||
| ROICexc | 3.22% | ||
| ROICexgc | 3.23% | ||
| OM | 31.74% | ||
| PM (TTM) | 20.16% | ||
| 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 | 0.7 | ||
| Debt/FCF | N/A | ||
| Debt/EBITDA | 3.56 | ||
| Cap/Depr | 404.68% | ||
| Cap/Sales | 49.67% | ||
| Interest Coverage | 4.21 | ||
| Cash Conversion | 74.35% | ||
| Profit Quality | N/A | ||
| Current Ratio | 0.68 | ||
| Quick Ratio | 0.54 | ||
| Altman-Z | 0.75 |
F-Score7
WACC7.58%
ROIC/WACC0.42
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 Y13.4%
EPS Next 2Y2%
EPS Next 3Y4.6%
EPS Next 5YN/A
Revenue 1Y (TTM)5.8%
Revenue growth 3Y5.91%
Revenue growth 5Y5.25%
Sales Q2Q%4.63%
Revenue Next Year6.6%
Revenue Next 2Y5.06%
Revenue Next 3Y4.8%
Revenue Next 5YN/A
EBIT growth 1Y6.9%
EBIT growth 3Y6.09%
EBIT growth 5Y5.91%
EBIT Next YearN/A
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y50.27%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y62.02%
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 14.41 and the Price/Book (PB) ratio is 1.31.
Can you provide the financial health for ARTNA stock?
The financial health rating of ARTESIAN RESOURCES CORP-CL A (ARTNA) is 1 / 10.