MDU RESOURCES GROUP INC (MDU) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:MDU - US5526901096 - Common Stock
20.385 USD
-0.04 (-0.17%)
Overall MDU gets a fundamental rating of 2 out of 10. We evaluated MDU against 14 industry peers in the Gas Utilities industry. MDU has a bad profitability rating. Also its financial health evaluation is rather negative. MDU does not seem to be growing, but still is valued expensively.
1. Profitability
1.1 Basic Checks
- In the past year MDU was profitable.
- MDU had a positive operating cash flow in the past year.
- In the past 5 years MDU has always been profitable.
- MDU had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
- With a Return On Assets value of 2.36%, MDU is not doing good in the industry: 71.43% of the companies in the same industry are doing better.
- MDU has a worse Return On Equity (6.22%) than 85.71% of its industry peers.
- Looking at the Return On Invested Capital, with a value of 3.36%, MDU is doing worse than 92.86% of the companies in the same industry.
- The Average Return On Invested Capital over the past 3 years for MDU is below the industry average of 6.27%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.36% | ||
| ROE | 6.22% | ||
| ROIC | 3.36% |
ROA(3y)4.37%
ROA(5y)4.44%
ROE(3y)11.66%
ROE(5y)11.76%
ROIC(3y)3.8%
ROIC(5y)4.57%
1.3 Margins
- With a Profit Margin value of 9.02%, MDU is not doing good in the industry: 64.29% of the companies in the same industry are doing better.
- In the last couple of years the Profit Margin of MDU has grown nicely.
- MDU has a Operating Margin of 14.79%. This is in the lower half of the industry: MDU underperforms 71.43% of its industry peers.
- In the last couple of years the Operating Margin of MDU has grown nicely.
- MDU's Gross Margin of 62.94% is in line compared to the rest of the industry. MDU outperforms 57.14% of its industry peers.
- MDU's Gross Margin has declined in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 14.79% | ||
| PM (TTM) | 9.02% | ||
| GM | 62.94% |
OM growth 3Y17.13%
OM growth 5Y10.88%
PM growth 3Y33.93%
PM growth 5Y20.53%
GM growth 3Y-10.74%
GM growth 5Y-6.65%
2. Health
2.1 Basic Checks
- MDU has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
- The number of shares outstanding for MDU remains at a similar level compared to 1 year ago.
- Compared to 5 years ago, MDU has more shares outstanding
- MDU has a worse debt/assets ratio than last year.
2.2 Solvency
- Based on the Altman-Z score of 1.13, we must say that MDU is in the distress zone and has some risk of bankruptcy.
- MDU has a Altman-Z score (1.13) which is comparable to the rest of the industry.
- A Debt/Equity ratio of 0.80 indicates that MDU is somewhat dependend on debt financing.
- Looking at the Debt to Equity ratio, with a value of 0.80, MDU belongs to the top of the industry, outperforming 85.71% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.8 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 1.13 |
ROIC/WACC0.48
WACC7.01%
2.3 Liquidity
- MDU has a Current Ratio of 0.75. This is a bad value and indicates that MDU is not financially healthy enough and could expect problems in meeting its short term obligations.
- With a decent Current ratio value of 0.75, MDU is doing good in the industry, outperforming 71.43% of the companies in the same industry.
- A Quick Ratio of 0.69 indicates that MDU may have some problems paying its short term obligations.
- The Quick ratio of MDU (0.69) is better than 85.71% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.75 | ||
| Quick Ratio | 0.69 |
3. Growth
3.1 Past
- The earnings per share for MDU have decreased strongly by -51.74% in the last year.
- Measured over the past years, MDU shows a decrease in Earnings Per Share. The EPS has been decreasing by -3.17% on average per year.
- The Revenue for MDU has decreased by -57.80% in the past year. This is quite bad
- The Revenue for MDU have been decreasing by -19.92% on average. This is quite bad
EPS 1Y (TTM)-51.74%
EPS 3Y-8.39%
EPS 5Y-3.17%
EPS Q2Q%-71.87%
Revenue 1Y (TTM)-57.8%
Revenue growth 3Y-32.36%
Revenue growth 5Y-19.92%
Sales Q2Q%-70%
3.2 Future
- The Earnings Per Share is expected to decrease by -2.31% on average over the next years.
- The Revenue is expected to decrease by -10.06% on average over the next years. This is quite bad
EPS Next Y-34.15%
EPS Next 2Y-15.01%
EPS Next 3Y-7.72%
EPS Next 5Y-2.31%
Revenue Next Year-53.7%
Revenue Next 2Y-30.92%
Revenue Next 3Y-20.91%
Revenue Next 5Y-10.06%
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 accelerating.
- The Revenue growth rate is accelerating: in the next years the growth will be better than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
- With a Price/Earnings ratio of 24.56, MDU is valued on the expensive side.
- 85.71% of the companies in the same industry are cheaper than MDU, based on the Price/Earnings ratio.
- MDU is valuated at similar levels of the S&P average when we compare the Price/Earnings ratio to 27.54, which is the current average of the S&P500 Index.
- A Price/Forward Earnings ratio of 19.74 indicates a rather expensive valuation of MDU.
- Based on the Price/Forward Earnings ratio, MDU is valued a bit more expensive than 71.43% of the companies in the same industry.
- The average S&P500 Price/Forward Earnings ratio is at 24.31. MDU is around the same levels.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 24.56 | ||
| Fwd PE | 19.74 |
4.2 Price Multiples
- Based on the Enterprise Value to EBITDA ratio, MDU is valued more expensive than 85.71% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 13.87 |
4.3 Compensation for Growth
- A cheap valuation may be justified as MDU's earnings are expected to decrease with -7.72% in the coming years.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y-15.01%
EPS Next 3Y-7.72%
5. Dividend
5.1 Amount
- MDU has a Yearly Dividend Yield of 2.79%.
- Compared to an average industry Dividend Yield of 3.88, MDU is paying slightly less dividend.
- Compared to an average S&P500 Dividend Yield of 1.92, MDU pays a bit more dividend than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.79% |
5.2 History
- The dividend of MDU decreases each year by -8.99%.
- MDU has been paying a dividend for at least 10 years, so it has a reliable track record.
Dividend Growth(5Y)-8.99%
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
- 62.43% of the earnings are spent on dividend by MDU. This is not a sustainable payout ratio.
- The Dividend Rate of MDU has been decling, while earnings will also be declining. This means the current dividend is most likely not sustainable.
DP62.43%
EPS Next 2Y-15.01%
EPS Next 3Y-7.72%
NYSE:MDU (1/16/2026, 11:06:02 AM)
20.385
-0.04 (-0.17%)
Chartmill FA Rating
GICS SectorUtilities
GICS IndustryGroupUtilities
GICS IndustryGas Utilities
Earnings (Last)11-06 2025-11-06/bmo
Earnings (Next)02-05 2026-02-05/bmo
Inst Owners84.76%
Inst Owner Change0.03%
Ins Owners0.41%
Ins Owner Change1.54%
Market Cap4.17B
Revenue(TTM)1.88B
Net Income(TTM)169.26M
Analysts81.82
Price Target21.22 (4.1%)
Short Float %5.96%
Short Ratio4.74
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.79% |
Yearly Dividend0.51
Dividend Growth(5Y)-8.99%
DP62.43%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-30.52%
Min EPS beat(2)-43.04%
Max EPS beat(2)-18%
EPS beat(4)1
Avg EPS beat(4)-18.22%
Min EPS beat(4)-43.04%
Max EPS beat(4)8.7%
EPS beat(8)5
Avg EPS beat(8)2.79%
EPS beat(12)9
Avg EPS beat(12)14.52%
EPS beat(16)9
Avg EPS beat(16)5.47%
Revenue beat(2)2
Avg Revenue beat(2)8.53%
Min Revenue beat(2)2.29%
Max Revenue beat(2)14.77%
Revenue beat(4)3
Avg Revenue beat(4)-3.39%
Min Revenue beat(4)-32.93%
Max Revenue beat(4)14.77%
Revenue beat(8)4
Avg Revenue beat(8)-3.76%
Revenue beat(12)6
Avg Revenue beat(12)-1.09%
Revenue beat(16)7
Avg Revenue beat(16)-3.29%
PT rev (1m)0.97%
PT rev (3m)2.72%
EPS NQ rev (1m)6.74%
EPS NQ rev (3m)1.51%
EPS NY rev (1m)-1.06%
EPS NY rev (3m)-2.76%
Revenue NQ rev (1m)-0.25%
Revenue NQ rev (3m)-13.35%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-0.31%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 24.56 | ||
| Fwd PE | 19.74 | ||
| P/S | 2.22 | ||
| P/FCF | N/A | ||
| P/OCF | 9.19 | ||
| P/B | 1.53 | ||
| P/tB | 1.75 | ||
| EV/EBITDA | 13.87 |
EPS(TTM)0.83
EY4.07%
EPS(NY)1.03
Fwd EY5.07%
FCF(TTM)-0.11
FCFYN/A
OCF(TTM)2.22
OCFY10.88%
SpS9.18
BVpS13.32
TBVpS11.63
PEG (NY)N/A
PEG (5Y)N/A
Graham Number15.77
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.36% | ||
| ROE | 6.22% | ||
| ROCE | 4.26% | ||
| ROIC | 3.36% | ||
| ROICexc | 3.4% | ||
| ROICexgc | 3.6% | ||
| OM | 14.79% | ||
| PM (TTM) | 9.02% | ||
| GM | 62.94% | ||
| FCFM | N/A |
ROA(3y)4.37%
ROA(5y)4.44%
ROE(3y)11.66%
ROE(5y)11.76%
ROIC(3y)3.8%
ROIC(5y)4.57%
ROICexc(3y)3.84%
ROICexc(5y)4.61%
ROICexgc(3y)4.07%
ROICexgc(5y)5.01%
ROCE(3y)4.84%
ROCE(5y)5.81%
ROICexgc growth 3Y-16.45%
ROICexgc growth 5Y-10.89%
ROICexc growth 3Y-15.03%
ROICexc growth 5Y-9.95%
OM growth 3Y17.13%
OM growth 5Y10.88%
PM growth 3Y33.93%
PM growth 5Y20.53%
GM growth 3Y-10.74%
GM growth 5Y-6.65%
F-Score3
Asset Turnover0.26
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.8 | ||
| Debt/FCF | N/A | ||
| Debt/EBITDA | 4.71 | ||
| Cap/Depr | 253.75% | ||
| Cap/Sales | 25.35% | ||
| Interest Coverage | 2.72 | ||
| Cash Conversion | 97.49% | ||
| Profit Quality | N/A | ||
| Current Ratio | 0.75 | ||
| Quick Ratio | 0.69 | ||
| Altman-Z | 1.13 |
F-Score3
WACC7.01%
ROIC/WACC0.48
Cap/Depr(3y)234.98%
Cap/Depr(5y)224.21%
Cap/Sales(3y)22.66%
Cap/Sales(5y)17.93%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-51.74%
EPS 3Y-8.39%
EPS 5Y-3.17%
EPS Q2Q%-71.87%
EPS Next Y-34.15%
EPS Next 2Y-15.01%
EPS Next 3Y-7.72%
EPS Next 5Y-2.31%
Revenue 1Y (TTM)-57.8%
Revenue growth 3Y-32.36%
Revenue growth 5Y-19.92%
Sales Q2Q%-70%
Revenue Next Year-53.7%
Revenue Next 2Y-30.92%
Revenue Next 3Y-20.91%
Revenue Next 5Y-10.06%
EBIT growth 1Y-39.31%
EBIT growth 3Y-20.77%
EBIT growth 5Y-11.2%
EBIT Next Year30.81%
EBIT Next 3Y14.12%
EBIT Next 5Y12.12%
FCF growth 1Y86.4%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y13.3%
OCF growth 3Y0.44%
OCF growth 5Y-1.52%
MDU RESOURCES GROUP INC / MDU FAQ
What is the ChartMill fundamental rating of MDU RESOURCES GROUP INC (MDU) stock?
ChartMill assigns a fundamental rating of 2 / 10 to MDU.
Can you provide the valuation status for MDU RESOURCES GROUP INC?
ChartMill assigns a valuation rating of 1 / 10 to MDU RESOURCES GROUP INC (MDU). This can be considered as Overvalued.
How profitable is MDU RESOURCES GROUP INC (MDU) stock?
MDU RESOURCES GROUP INC (MDU) has a profitability rating of 3 / 10.
Can you provide the PE and PB ratios for MDU stock?
The Price/Earnings (PE) ratio for MDU RESOURCES GROUP INC (MDU) is 24.56 and the Price/Book (PB) ratio is 1.53.
How sustainable is the dividend of MDU RESOURCES GROUP INC (MDU) stock?
The dividend rating of MDU RESOURCES GROUP INC (MDU) is 3 / 10 and the dividend payout ratio is 62.43%.