YORK WATER CO (YORW) Stock Fundamental Analysis
USA - NASDAQ:YORW - US9871841089 - Common Stock
32.44 USD
+0.05 (+0.15%)
32.44 USD
0 (0%)
We assign a fundamental rating of 3 out of 10 to YORW. YORW was compared to 15 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 is valued expensive and it does not seem to be growing.
1. Profitability
1.1 Basic Checks
In the past year YORW was profitable.
In the past year YORW had a positive cash flow from operations.
Each year in the past 5 years YORW has been profitable.
YORW had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
YORW has a Return On Assets (3.01%) which is comparable to the rest of the industry.
The Return On Equity of YORW (8.40%) is comparable to the rest of the industry.
YORW has a Return On Invested Capital (3.49%) which is in line with its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for YORW is in line with the industry average of 4.86%.
| 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
Looking at the Profit Margin, with a value of 25.83%, YORW is in the better half of the industry, outperforming 80.00% 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 has a better Operating Margin (36.90%) than 80.00% 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
The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so YORW is destroying value.
Compared to 1 year ago, YORW has more shares outstanding
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 1.13. 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 1.13 is fine compared to the rest of the industry. YORW outperforms 66.67% 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.
The Debt to Equity ratio of YORW (0.93) is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.93 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 1.13 |
ROIC/WACC0.47
WACC7.43%
2.3 Liquidity
YORW has a Current 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 Current ratio (1.00) which is comparable to the rest of the industry.
A Quick Ratio of 0.80 indicates that YORW may have some problems paying 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%.
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.
YORW shows a small growth in Revenue. In the last year, the Revenue has grown by 4.08%.
The Revenue has been growing slightly by 7.76% on average over the past years.
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
Based on estimates for the next years, YORW will show a small growth in Earnings Per Share. The EPS will grow by 6.53% on average per year.
Based on estimates for the next years, YORW will show a small growth in Revenue. The Revenue will grow by 5.83% on average per year.
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
Based on the Price/Earnings ratio of 23.68, the valuation of YORW can be described as rather expensive.
Based on the Price/Earnings ratio, YORW is valued a bit more expensive than the industry average as 60.00% of the companies are valued more cheaply.
When comparing the Price/Earnings ratio of YORW to the average of the S&P500 Index (26.13), we can say YORW is valued inline with the index average.
YORW is valuated rather expensively with a Price/Forward Earnings ratio of 20.13.
YORW's Price/Forward Earnings ratio is a bit cheaper when compared to the industry. YORW is cheaper than 66.67% of the companies in the same industry.
Compared to an average S&P500 Price/Forward Earnings ratio of 22.35, YORW is valued at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 23.68 | ||
| Fwd PE | 20.13 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of YORW is on the same level as its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 16.39 |
4.3 Compensation for Growth
PEG (NY)N/A
PEG (5Y)4.69
EPS Next 2Y6.53%
EPS Next 3YN/A
5. Dividend
5.1 Amount
YORW has a Yearly Dividend Yield of 2.90%.
YORW's Dividend Yield is a higher than the industry average which is at 3.43.
Compared to an average S&P500 Dividend Yield of 2.39, YORW pays a bit more dividend than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.9% |
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
62.74% of the earnings are spent on dividend by YORW. This is not a sustainable payout ratio.
YORW's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP62.74%
EPS Next 2Y6.53%
EPS Next 3YN/A
32.44
+0.05 (+0.15%)
Chartmill FA Rating
GICS SectorUtilities
GICS IndustryGroupUtilities
GICS IndustryWater Utilities
Earnings (Last)
Earnings (Next)
Inst Owners57.53%
Inst Owner Change-0.37%
Ins Owners0.6%
Ins Owner Change3.1%
Market Cap467.78M
Revenue(TTM)76.24M
Net Income(TTM)19.70M
Analysts85.71
Price Target41.82 (28.91%)
Short Float %2.24%
Short Ratio3.03
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.9% |
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)0%
EPS NQ rev (3m)-7.32%
EPS NY rev (1m)0%
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 | 23.68 | ||
| Fwd PE | 20.13 | ||
| P/S | 6.14 | ||
| P/FCF | N/A | ||
| P/OCF | 14.94 | ||
| P/B | 1.99 | ||
| P/tB | 1.99 | ||
| EV/EBITDA | 16.39 |
EPS(TTM)1.37
EY4.22%
EPS(NY)1.61
Fwd EY4.97%
FCF(TTM)-1.26
FCFYN/A
OCF(TTM)2.17
OCFY6.7%
SpS5.29
BVpS16.27
TBVpS16.27
PEG (NY)N/A
PEG (5Y)4.69
Graham Number22.39
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%
ROICexgc growth 3Y-5.1%
ROICexgc 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 | 1.13 |
F-Score4
WACC7.43%
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%
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.
What is the valuation status for YORW stock?
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.
What is the valuation of YORK WATER CO based on its PE and PB ratios?
The Price/Earnings (PE) ratio for YORK WATER CO (YORW) is 23.68 and the Price/Book (PB) ratio is 1.99.
Can you provide the dividend sustainability for YORW stock?
The dividend rating of YORK WATER CO (YORW) is 5 / 10 and the dividend payout ratio is 62.74%.