34.1 USD
+0.59 (+1.76%)
ARTNA gets a fundamental rating of 4 out of 10. The analysis compared the fundamentals against 14 industry peers in the Water Utilities industry. While ARTNA is still in line with the averages on profitability rating, there are concerns on its financial health. ARTNA has a correct valuation and a medium growth rate. Finally 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.
- ARTNA had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
- ARTNA has a Return On Assets (2.70%) which is comparable to the rest of the 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.
- 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 4.99%.
- 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.
- ARTNA's Profit Margin has been stable in the last couple of years.
- 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
- ARTNA has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
- Compared to 1 year ago, ARTNA has about the same amount of shares outstanding.
- Compared to 5 years ago, ARTNA has more shares outstanding
- ARTNA has a better debt/assets ratio than last year.
2.2 Solvency
- Based on the Altman-Z score of 0.77, we must say that ARTNA is in the distress zone and has some risk of bankruptcy.
- ARTNA has a Altman-Z score of 0.77. This is in the lower half of the industry: ARTNA underperforms 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 has a Debt to Equity ratio of 0.70. This is in the better half 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 | 0.77 |
ROIC/WACC0.41
WACC7.94%
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's Current ratio of 0.68 is on the low side compared to the rest of the industry. ARTNA is outperformed by 64.29% of its industry peers.
- A Quick Ratio of 0.54 indicates that ARTNA may have some problems paying its short term obligations.
- ARTNA's Quick ratio of 0.54 is on the low side compared to the rest of the industry. ARTNA is outperformed by 64.29% of its industry peers.
| 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.
- 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.
- The Revenue has been growing slightly by 5.80% in the past 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
- Based on the Price/Earnings ratio of 15.57, the valuation of ARTNA can be described as correct.
- Based on the Price/Earnings ratio, ARTNA is valued cheaply inside the industry as 92.86% 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 27.54.
- The Price/Forward Earnings ratio is 16.55, which indicates a correct valuation of ARTNA.
- ARTNA's Price/Forward Earnings ratio is rather cheap when compared to the industry. ARTNA is cheaper than 92.86% of the companies in the same industry.
- Compared to an average S&P500 Price/Forward Earnings ratio of 24.31, ARTNA is valued a bit cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 15.57 | ||
| Fwd PE | 16.55 |
4.2 Price Multiples
- Based on the Enterprise Value to EBITDA ratio, ARTNA is valued cheaper than 92.86% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 10.6 |
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)1.16
PEG (5Y)3.57
EPS Next 2Y2%
EPS Next 3Y4.6%
5. Dividend
5.1 Amount
- With a Yearly Dividend Yield of 3.88%, ARTNA has a reasonable but not impressive dividend return.
- ARTNA's Dividend Yield is rather good when compared to the industry average which is at 2.99. ARTNA pays more dividend than 92.86% of the companies in the same industry.
- ARTNA's Dividend Yield is rather good when compared to the S&P500 average which is at 1.92.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.88% |
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 its dividend for at least 10 years, so it has a reliable track record of non decreasing dividend.
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.
- ARTNA's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP55.68%
EPS Next 2Y2%
EPS Next 3Y4.6%
NASDAQ:ARTNA (1/16/2026, 4:30:01 PM)
34.1
+0.59 (+1.76%)
Chartmill FA Rating
GICS SectorUtilities
GICS IndustryGroupUtilities
GICS IndustryWater Utilities
Earnings (Last)10-30 2025-10-30/amc
Earnings (Next)03-23 2026-03-23/amc
Inst Owners58.89%
Inst Owner Change-0.17%
Ins Owners2.46%
Ins Owner Change-1.06%
Market Cap351.57M
Revenue(TTM)111.78M
Net Income(TTM)22.53M
Analysts86.67
Price Target46.92 (37.6%)
Short Float %0.65%
Short Ratio2.38
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.88% |
Yearly Dividend1.18
Dividend Growth(5Y)3.81%
DP55.68%
Div Incr Years30
Div Non Decr Years30
Ex-DateN/A
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%
EPS NY rev (3m)0.93%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0%
Revenue NY rev (1m)0%
Revenue NY rev (3m)0.89%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 15.57 | ||
| Fwd PE | 16.55 | ||
| P/S | 3.15 | ||
| P/FCF | N/A | ||
| P/OCF | 9.61 | ||
| P/B | 1.41 | ||
| P/tB | 1.43 | ||
| EV/EBITDA | 10.6 |
EPS(TTM)2.19
EY6.42%
EPS(NY)2.06
Fwd EY6.04%
FCF(TTM)-1.84
FCFYN/A
OCF(TTM)3.55
OCFY10.41%
SpS10.84
BVpS24.14
TBVpS23.92
PEG (NY)1.16
PEG (5Y)3.57
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 | 0.77 |
F-Score7
WACC7.94%
ROIC/WACC0.41
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 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%.