YORK WATER CO (YORW) Stock Fundamental Analysis
USA - NASDAQ:YORW - US9871841089 - Common Stock
30.64 USD
+0.19 (+0.62%)
30.64 USD
0 (0%)
Overall YORW gets a fundamental rating of 3 out of 10. We evaluated YORW against 14 industry peers in the Water Utilities industry. YORW has a medium profitability rating, but doesn't score so well on its financial health evaluation. YORW does not seem to be growing, but still is valued expensively.
1. Profitability
1.1 Basic Checks
YORW had positive earnings in the past year.
In the past year YORW had a positive cash flow from operations.
YORW had positive earnings in each of the past 5 years.
YORW had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
YORW's Return On Assets of 3.01% is in line compared to the rest of the industry. YORW outperforms 50.00% of its industry peers.
YORW's Return On Equity of 8.40% is in line compared to the rest of the industry. YORW outperforms 50.00% of its industry peers.
YORW's Return On Invested Capital of 3.49% is in line compared to the rest of the industry. YORW outperforms 57.14% of its industry peers.
YORW had an Average Return On Invested Capital over the past 3 years of 3.87%. This is in line with the industry average of 4.98%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.01% | ||
| ROE | 8.4% | ||
| ROIC | 3.49% |
ROA(3y)3.69%
ROA(5y)3.77%
ROE(3y)9.66%
ROE(5y)10.34%
ROIC(3y)3.87%
ROIC(5y)4.14%
1.3 Margins
YORW's Profit Margin of 25.83% is fine compared to the rest of the industry. YORW outperforms 78.57% of its industry peers.
YORW's Profit Margin has been stable in the last couple of years.
The Operating Margin of YORW (36.90%) is better than 85.71% of its industry peers.
YORW's Operating Margin has declined in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 36.9% | ||
| PM (TTM) | 25.83% | ||
| GM | N/A |
OM growth 3Y-4.13%
OM growth 5Y-4.1%
PM growth 3Y-4.16%
PM growth 5Y-0.58%
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), YORW is destroying value.
YORW has more shares outstanding than it did 1 year ago.
Compared to 5 years ago, YORW has more shares outstanding
Compared to 1 year ago, YORW has a worse debt to assets ratio.
2.2 Solvency
YORW has an Altman-Z score of 1.09. This is a bad value and indicates that YORW is not financially healthy and even has some risk of bankruptcy.
YORW's Altman-Z score of 1.09 is in line compared to the rest of the industry. YORW outperforms 57.14% of its industry peers.
YORW has a Debt/Equity ratio of 0.93. This is a neutral value indicating YORW is somewhat dependend on debt financing.
YORW has a Debt to Equity ratio (0.93) which is in line with its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.93 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 1.09 |
ROIC/WACC0.47
WACC7.46%
2.3 Liquidity
A Current Ratio of 1.00 indicates that YORW may have some problems paying its short term obligations.
YORW has a Current ratio (1.00) which is comparable to the rest of the industry.
YORW has a Quick Ratio of 1.00. This is a bad value and indicates that YORW is not financially healthy enough and could expect problems in meeting its short term obligations.
YORW has a Quick ratio (0.80) which is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1 | ||
| Quick Ratio | 0.8 |
3. Growth
3.1 Past
YORW shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -14.37%.
YORW shows a small growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 5.05% yearly.
YORW shows a small growth in Revenue. In the last year, the Revenue has grown by 4.08%.
Measured over the past years, YORW shows a small growth in Revenue. The Revenue has been growing by 7.76% on average per year.
EPS 1Y (TTM)-14.37%
EPS 3Y2.99%
EPS 5Y5.05%
EPS Q2Q%0%
Revenue 1Y (TTM)4.08%
Revenue growth 3Y10.79%
Revenue growth 5Y7.76%
Sales Q2Q%2.39%
3.2 Future
YORW is expected to show a small growth in Earnings Per Share. In the coming years, the EPS will grow by 6.53% yearly.
The Revenue is expected to grow by 5.83% on average over the next years.
EPS Next Y-3.03%
EPS Next 2Y6.53%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year5.33%
Revenue Next 2Y5.83%
Revenue Next 3YN/A
Revenue Next 5YN/A
3.3 Evolution
The EPS growth rate is accelerating: in the next years the growth will be better 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 decreasing.
4. Valuation
4.1 Price/Earnings Ratio
YORW is valuated rather expensively with a Price/Earnings ratio of 22.36.
The rest of the industry has a similar Price/Earnings ratio as YORW.
Compared to an average S&P500 Price/Earnings ratio of 27.41, YORW is valued at the same level.
The Price/Forward Earnings ratio is 19.01, which indicates a rather expensive current valuation of YORW.
Compared to the rest of the industry, the Price/Forward Earnings ratio of YORW indicates a somewhat cheap valuation: YORW is cheaper than 64.29% of the companies listed in the same industry.
Compared to an average S&P500 Price/Forward Earnings ratio of 22.88, YORW is valued at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 22.36 | ||
| Fwd PE | 19.01 |
4.2 Price Multiples
The rest of the industry has a similar Enterprise Value to EBITDA ratio as YORW.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 15.72 |
4.3 Compensation for Growth
PEG (NY)N/A
PEG (5Y)4.43
EPS Next 2Y6.53%
EPS Next 3YN/A
5. Dividend
5.1 Amount
YORW has a Yearly Dividend Yield of 2.86%.
YORW's Dividend Yield is a higher than the industry average which is at 3.37.
YORW's Dividend Yield is comparable with the S&P500 average which is at 2.38.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.86% |
5.2 History
The dividend of YORW has a limited annual growth rate of 3.93%.
YORW has paid a dividend for at least 10 years, which is a reliable track record.
The dividend of YORW decreased recently.
Dividend Growth(5Y)3.93%
Div Incr Years1
Div Non Decr Years1
5.3 Sustainability
62.74% of the earnings are spent on dividend by YORW. This is not a sustainable payout ratio.
The dividend of YORW is growing, but earnings are growing more, so the dividend growth is sustainable.
DP62.74%
EPS Next 2Y6.53%
EPS Next 3YN/A
30.64
+0.19 (+0.62%)
Chartmill FA Rating
GICS SectorUtilities
GICS IndustryGroupUtilities
GICS IndustryWater Utilities
Earnings (Last)
Earnings (Next)
Inst Owners54.5%
Inst Owner Change5.38%
Ins Owners0.6%
Ins Owner Change3.08%
Market Cap441.83M
Analysts85.71
Price Target41.82 (36.49%)
Short Float %2.15%
Short Ratio2.87
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.86% |
Yearly Dividend0.84
Dividend Growth(5Y)3.93%
DP62.74%
Div Incr Years1
Div Non Decr Years1
Ex-Date
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)-10.87%
Min EPS beat(2)-25.73%
Max EPS beat(2)3.98%
EPS beat(4)1
Avg EPS beat(4)-7.08%
Min EPS beat(4)-25.73%
Max EPS beat(4)3.98%
EPS beat(8)4
Avg EPS beat(8)-2.91%
EPS beat(12)7
Avg EPS beat(12)-1.21%
EPS beat(16)9
Avg EPS beat(16)-0.86%
Revenue beat(2)0
Avg Revenue beat(2)-2.85%
Min Revenue beat(2)-4.77%
Max Revenue beat(2)-0.93%
Revenue beat(4)0
Avg Revenue beat(4)-2.93%
Min Revenue beat(4)-4.77%
Max Revenue beat(4)-0.93%
Revenue beat(8)2
Avg Revenue beat(8)-1.51%
Revenue beat(12)6
Avg Revenue beat(12)0.49%
Revenue beat(16)8
Avg Revenue beat(16)0.57%
PT rev (1m)0%
PT rev (3m)0%
EPS NQ rev (1m)-7.32%
EPS NQ rev (3m)-7.32%
EPS NY rev (1m)1.5%
EPS NY rev (3m)1.5%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0%
Revenue NY rev (1m)0%
Revenue NY rev (3m)0%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 22.36 | ||
| Fwd PE | 19.01 | ||
| P/S | 5.8 | ||
| P/FCF | N/A | ||
| P/OCF | 14.11 | ||
| P/B | 1.88 | ||
| P/tB | 1.88 | ||
| EV/EBITDA | 15.72 |
EPS(TTM)1.37
EY4.47%
EPS(NY)1.61
Fwd EY5.26%
FCF(TTM)-1.26
FCFYN/A
OCF(TTM)2.17
OCFY7.09%
SpS5.29
BVpS16.27
TBVpS16.27
PEG (NY)N/A
PEG (5Y)4.43
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.01% | ||
| ROE | 8.4% | ||
| ROCE | 4.42% | ||
| ROIC | 3.49% | ||
| ROICexc | 3.49% | ||
| ROICexgc | 3.49% | ||
| OM | 36.9% | ||
| PM (TTM) | 25.83% | ||
| GM | N/A | ||
| FCFM | N/A |
ROA(3y)3.69%
ROA(5y)3.77%
ROE(3y)9.66%
ROE(5y)10.34%
ROIC(3y)3.87%
ROIC(5y)4.14%
ROICexc(3y)3.87%
ROICexc(5y)4.14%
ROICexgc(3y)3.87%
ROICexgc(5y)4.14%
ROCE(3y)4.9%
ROCE(5y)5.24%
ROICexcg growth 3Y-5.1%
ROICexcg growth 5Y-7.77%
ROICexc growth 3Y-5.1%
ROICexc growth 5Y-7.77%
OM growth 3Y-4.13%
OM growth 5Y-4.1%
PM growth 3Y-4.16%
PM growth 5Y-0.58%
GM growth 3YN/A
GM growth 5YN/A
F-Score4
Asset Turnover0.12
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.93 | ||
| Debt/FCF | N/A | ||
| Debt/EBITDA | 5.21 | ||
| Cap/Depr | 362.09% | ||
| Cap/Sales | 64.98% | ||
| Interest Coverage | 3.22 | ||
| Cash Conversion | 74.9% | ||
| Profit Quality | N/A | ||
| Current Ratio | 1 | ||
| Quick Ratio | 0.8 | ||
| Altman-Z | 1.09 |
F-Score4
WACC7.46%
ROIC/WACC0.47
Cap/Depr(3y)473.57%
Cap/Depr(5y)440.35%
Cap/Sales(3y)79.82%
Cap/Sales(5y)72.31%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-14.37%
EPS 3Y2.99%
EPS 5Y5.05%
EPS Q2Q%0%
EPS Next Y-3.03%
EPS Next 2Y6.53%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)4.08%
Revenue growth 3Y10.79%
Revenue growth 5Y7.76%
Sales Q2Q%2.39%
Revenue Next Year5.33%
Revenue Next 2Y5.83%
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1Y-2.56%
EBIT growth 3Y6.22%
EBIT growth 5Y3.34%
EBIT Next YearN/A
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y48.89%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y22.3%
OCF growth 3Y10%
OCF growth 5Y10.11%