33.18 USD
-0.75 (-2.21%)
33.18 USD
0 (0%)
We assign a fundamental rating of 3 out of 10 to YORW. YORW was compared to 14 industry peers in the Water Utilities industry. While YORW is still in line with the averages on profitability rating, there are concerns on its financial health. 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.
- YORW had a positive operating cash flow in the past year.
- YORW had positive earnings in each of the past 5 years.
- In the past 5 years YORW always reported a positive cash flow from operatings.
1.2 Ratios
- YORW has a Return On Assets of 3.00%. This is comparable to the rest of the industry: YORW outperforms 50.00% of its industry peers.
- YORW has a Return On Equity (8.42%) which is in line with its industry peers.
- With a Return On Invested Capital value of 3.39%, YORW perfoms like the industry average, outperforming 57.14% of the companies in the same industry.
- The Average Return On Invested Capital over the past 3 years for YORW is in line with the industry average of 4.99%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3% | ||
| ROE | 8.42% | ||
| ROIC | 3.39% |
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
- Looking at the Profit Margin, with a value of 26.06%, YORW is in the better half of the industry, outperforming 78.57% of the companies in the same industry.
- In the last couple of years the Profit Margin of YORW has remained more or less at the same level.
- YORW's Operating Margin of 36.41% is fine compared to the rest of the industry. YORW outperforms 78.57% of its industry peers.
- YORW's Operating Margin has declined in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 36.41% | ||
| PM (TTM) | 26.06% | ||
| 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
- YORW 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, YORW has more shares outstanding
- The number of shares outstanding for YORW has been increased compared to 5 years ago.
- Compared to 1 year ago, YORW has a worse debt to assets ratio.
2.2 Solvency
- Based on the Altman-Z score of 1.15, we must say that YORW is in the distress zone and has some risk of bankruptcy.
- With a decent Altman-Z score value of 1.15, YORW is doing good in the industry, outperforming 64.29% of the companies in the same industry.
- YORW has a Debt/Equity ratio of 0.95. This is a neutral value indicating YORW is somewhat dependend on debt financing.
- YORW has a Debt to Equity ratio of 0.95. This is comparable to the rest of the industry: YORW outperforms 50.00% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.95 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 1.15 |
ROIC/WACC0.42
WACC8.12%
2.3 Liquidity
- A Current Ratio of 1.15 indicates that YORW should not have too much problems paying its short term obligations.
- YORW has a Current ratio (1.15) which is comparable to the rest of the industry.
- A Quick Ratio of 0.95 indicates that YORW may have some problems paying its short term obligations.
- YORW's Quick ratio of 0.95 is in line compared to the rest of the industry. YORW outperforms 50.00% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.15 | ||
| Quick Ratio | 0.95 |
3. Growth
3.1 Past
- YORW shows a slight negative growth in Earnings Per Share. In the last year, the EPS has decreased by -6.08%.
- Measured over the past 5 years, YORW shows a small growth in Earnings Per Share. The EPS has been growing by 5.05% on average per year.
- Looking at the last year, YORW shows a small growth in Revenue. The Revenue has grown by 3.63% in the last year.
- 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)-6.08%
EPS 3Y2.99%
EPS 5Y5.05%
EPS Q2Q%4.88%
Revenue 1Y (TTM)3.63%
Revenue growth 3Y10.79%
Revenue growth 5Y7.76%
Sales Q2Q%3.28%
3.2 Future
- YORW is expected to show a small growth in Earnings Per Share. In the coming years, the EPS will grow by 7.10% yearly.
- YORW is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 5.47% yearly.
EPS Next Y-3.03%
EPS Next 2Y6.53%
EPS Next 3Y7.1%
EPS Next 5YN/A
Revenue Next Year4%
Revenue Next 2Y5.83%
Revenue Next 3Y5.47%
Revenue Next 5YN/A
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.
- 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 23.87.
- Compared to the rest of the industry, the Price/Earnings ratio of YORW indicates a slightly more expensive valuation: YORW is more expensive than 64.29% of the companies listed in the same industry.
- YORW is valuated at similar levels of the S&P average when we compare the Price/Earnings ratio to 27.21, which is the current average of the S&P500 Index.
- Based on the Price/Forward Earnings ratio of 20.59, the valuation of YORW can be described as rather expensive.
- Compared to the rest of the industry, the Price/Forward Earnings ratio of YORW is on the same level as its industry peers.
- The average S&P500 Price/Forward Earnings ratio is at 24.26. YORW is around the same levels.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 23.87 | ||
| Fwd PE | 20.59 |
4.2 Price Multiples
- Based on the Enterprise Value to EBITDA ratio, YORW is valued a bit more expensive than the industry average as 64.29% of the companies are valued more cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 17.09 |
4.3 Compensation for Growth
PEG (NY)N/A
PEG (5Y)4.73
EPS Next 2Y6.53%
EPS Next 3Y7.1%
5. Dividend
5.1 Amount
- YORW has a Yearly Dividend Yield of 2.88%. Purely for dividend investing, there may be better candidates out there.
- Compared to an average industry Dividend Yield of 2.91, YORW pays a bit more dividend than its industry peers.
- YORW's Dividend Yield is rather good when compared to the S&P500 average which is at 1.82.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.88% |
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.
- YORW has decreased its dividend recently.
Dividend Growth(5Y)3.93%
Div Incr Years1
Div Non Decr Years1
5.3 Sustainability
- 62.37% 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.
DP62.37%
EPS Next 2Y6.53%
EPS Next 3Y7.1%
YORK WATER CO / YORW FAQ
Can you provide the ChartMill fundamental rating for YORK WATER CO?
ChartMill assigns a fundamental rating of 3 / 10 to YORW.
Can you provide the valuation status for YORK WATER CO?
ChartMill assigns a valuation rating of 1 / 10 to YORK WATER CO (YORW). This can be considered as Overvalued.
Can you provide the profitability details for YORK WATER CO?
YORK WATER CO (YORW) has a profitability rating of 4 / 10.
Can you provide the PE and PB ratios for YORW stock?
The Price/Earnings (PE) ratio for YORK WATER CO (YORW) is 23.87 and the Price/Book (PB) ratio is 2.01.
What is the expected EPS growth for YORK WATER CO (YORW) stock?
The Earnings per Share (EPS) of YORK WATER CO (YORW) is expected to decline by -3.03% in the next year.