ARTESIAN RESOURCES CORP-CL A (ARTNA) Stock Fundamental Analysis
USA - NASDAQ:ARTNA - US0431132085 - Common Stock
33.5 USD
+0.47 (+1.42%)
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 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.
ARTNA had a positive operating cash flow in the past year.
In the past 5 years ARTNA has always been profitable.
ARTNA had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
ARTNA has a Return On Assets (2.73%) which is in line with its industry peers.
Looking at the Return On Equity, with a value of 9.14%, ARTNA is in line with its industry, outperforming 57.14% of the companies in the same industry.
Looking at the Return On Invested Capital, with a value of 3.24%, ARTNA is doing worse than 64.29% of the companies in the same industry.
The Average Return On Invested Capital over the past 3 years for ARTNA is in line with the industry average of 4.98%.
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.
Looking at the Operating Margin, with a value of 32.00%, ARTNA is in the better half of the industry, outperforming 64.29% of the companies in the same industry.
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
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.
Compared to 1 year ago, ARTNA has an improved debt to assets ratio.
2.2 Solvency
ARTNA has an Altman-Z score of 0.79. This is a bad value and indicates that ARTNA is not financially healthy and even has some risk of bankruptcy.
Looking at the Altman-Z score, with a value of 0.79, ARTNA is doing worse than 71.43% of the companies in the same industry.
ARTNA has a Debt/Equity ratio of 0.72. This is a neutral value indicating ARTNA is somewhat dependend on debt financing.
The Debt to Equity ratio of ARTNA (0.72) is better than 78.57% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.72 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 0.79 |
ROIC/WACC0.42
WACC7.81%
2.3 Liquidity
ARTNA has a Current 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.
ARTNA has a Current ratio of 0.87. This is comparable to the rest of the industry: ARTNA outperforms 42.86% 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.
With a Quick ratio value of 0.69, ARTNA perfoms like the industry average, outperforming 42.86% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.87 | ||
| Quick Ratio | 0.69 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 21.91% over the past year.
ARTNA shows a small growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 4.36% yearly.
The Revenue has been growing slightly by 7.13% 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)21.91%
EPS 3Y3.42%
EPS 5Y4.36%
EPS Q2Q%17.31%
Revenue 1Y (TTM)7.13%
Revenue growth 3Y5.91%
Revenue growth 5Y5.25%
Sales Q2Q%4.13%
3.2 Future
The Earnings Per Share is expected to grow by 7.22% on average over the next years.
The Revenue is expected to grow by 5.06% on average over the next years.
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
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 stable.
4. Valuation
4.1 Price/Earnings Ratio
ARTNA is valuated correctly with a Price/Earnings ratio of 15.44.
Based on the Price/Earnings ratio, ARTNA is valued cheaper than 92.86% of the companies in the same industry.
When comparing the Price/Earnings ratio of ARTNA to the average of the S&P500 Index (27.02), we can say ARTNA is valued slightly cheaper.
With a Price/Forward Earnings ratio of 14.72, ARTNA is valued correctly.
Compared to the rest of the industry, the Price/Forward Earnings ratio of ARTNA indicates a rather cheap valuation: ARTNA is cheaper than 92.86% of the companies listed in the same industry.
ARTNA is valuated rather cheaply when we compare the Price/Forward Earnings ratio to 22.57, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 15.44 | ||
| Fwd PE | 14.72 |
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 92.86% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 10.69 |
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)1.25
PEG (5Y)3.54
EPS Next 2Y7.22%
EPS Next 3YN/A
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 3.72%, 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 3.34. ARTNA pays more dividend than 92.86% of the companies in the same industry.
Compared to an average S&P500 Dividend Yield of 2.43, ARTNA pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.72% |
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
55.48% 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.
DP55.48%
EPS Next 2Y7.22%
EPS Next 3YN/A
NASDAQ:ARTNA (10/10/2025, 9:10:33 PM)
33.5
+0.47 (+1.42%)
Chartmill FA Rating
GICS SectorUtilities
GICS IndustryGroupUtilities
GICS IndustryWater Utilities
Earnings (Last)
Earnings (Next)
Inst Owners59.11%
Inst Owner Change-0.01%
Ins Owners2.46%
Ins Owner Change0.65%
Market Cap345.38M
Analysts86.67
Price Target46.92 (40.06%)
Short Float %0.57%
Short Ratio1.6
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.72% |
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 | 15.44 | ||
| Fwd PE | 14.72 | ||
| P/S | 3.13 | ||
| P/FCF | N/A | ||
| P/OCF | 9.53 | ||
| P/B | 1.41 | ||
| P/tB | 1.42 | ||
| EV/EBITDA | 10.69 |
EPS(TTM)2.17
EY6.48%
EPS(NY)2.28
Fwd EY6.79%
FCF(TTM)-1.7
FCFYN/A
OCF(TTM)3.52
OCFY10.5%
SpS10.71
BVpS23.75
TBVpS23.54
PEG (NY)1.25
PEG (5Y)3.54
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%
ROICexcg growth 3Y-2.16%
ROICexcg 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 | 0.79 |
F-Score7
WACC7.81%
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)21.91%
EPS 3Y3.42%
EPS 5Y4.36%
EPS Q2Q%17.31%
EPS Next Y12.36%
EPS Next 2Y7.22%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)7.13%
Revenue growth 3Y5.91%
Revenue growth 5Y5.25%
Sales Q2Q%4.13%
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%