YORK WATER CO (YORW) Stock Fundamental Analysis
USA - NASDAQ:YORW - US9871841089 - Common Stock
30.76 USD
+0.21 (+0.69%)
30.76 USD
0 (0%)
YORW gets a fundamental rating of 3 out of 10. The analysis compared the fundamentals against 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 is valued expensive and it does not seem to be growing.
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.
In the past 5 years YORW has always been profitable.
Each year in the past 5 years YORW had a positive operating cash flow.
1.2 Ratios
Looking at the Return On Assets, with a value of 3.01%, YORW is in line with its industry, outperforming 50.00% of the companies in the same industry.
YORW has a Return On Equity (8.40%) which is in line with 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
The Profit Margin of YORW (25.83%) is better than 78.57% of its industry peers.
YORW's Profit Margin has been stable in the last couple of years.
YORW has a better Operating Margin (36.90%) than 85.71% of its industry peers.
In the last couple of years the Operating Margin of YORW has declined.
| 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.
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 1.10, we must say that YORW is in the distress zone and has some risk of bankruptcy.
YORW has a Altman-Z score of 1.10. This is comparable to the rest of the industry: YORW outperforms 57.14% of its industry peers.
A Debt/Equity ratio of 0.93 indicates that YORW is somewhat dependend on debt financing.
Looking at the Debt to Equity ratio, with a value of 0.93, YORW is in line with its industry, outperforming 57.14% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.93 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 1.1 |
ROIC/WACC0.46
WACC7.51%
2.3 Liquidity
A Current Ratio of 1.00 indicates that YORW may have some problems paying its short term obligations.
YORW's Current ratio of 1.00 is in line compared to the rest of the industry. YORW outperforms 50.00% of its industry peers.
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's Quick ratio of 0.80 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 | ||
| 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%.
YORW shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 7.76% yearly.
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.
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
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 22.45.
Compared to the rest of the industry, the Price/Earnings ratio of YORW is on the same level as its industry peers.
Compared to an average S&P500 Price/Earnings ratio of 27.49, YORW is valued at the same level.
The Price/Forward Earnings ratio is 19.09, which indicates a rather expensive current valuation of YORW.
Based on the Price/Forward Earnings ratio, YORW is valued a bit cheaper than the industry average as 64.29% of the companies are valued more expensively.
The average S&P500 Price/Forward Earnings ratio is at 22.99. YORW is around the same levels.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 22.45 | ||
| Fwd PE | 19.09 |
4.2 Price Multiples
YORW's Enterprise Value to EBITDA ratio is in line with the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 15.83 |
4.3 Compensation for Growth
PEG (NY)N/A
PEG (5Y)4.45
EPS Next 2Y6.53%
EPS Next 3YN/A
5. Dividend
5.1 Amount
YORW has a Yearly Dividend Yield of 2.90%.
Compared to an average industry Dividend Yield of 3.34, YORW pays a bit more dividend than its industry peers.
YORW's Dividend Yield is comparable with the S&P500 average which is at 2.43.
| 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 been paying a dividend for at least 10 years, so it has 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
30.76
+0.21 (+0.69%)
Chartmill FA Rating
GICS SectorUtilities
GICS IndustryGroupUtilities
GICS IndustryWater Utilities
Earnings (Last)
Earnings (Next)
Inst Owners57.53%
Inst Owner Change-0.09%
Ins Owners0.6%
Ins Owner Change3.08%
Market Cap443.56M
Analysts85.71
Price Target41.82 (35.96%)
Short Float %2.25%
Short Ratio2.8
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 | 22.45 | ||
| Fwd PE | 19.09 | ||
| P/S | 5.82 | ||
| P/FCF | N/A | ||
| P/OCF | 14.16 | ||
| P/B | 1.89 | ||
| P/tB | 1.89 | ||
| EV/EBITDA | 15.83 |
EPS(TTM)1.37
EY4.45%
EPS(NY)1.61
Fwd EY5.24%
FCF(TTM)-1.26
FCFYN/A
OCF(TTM)2.17
OCFY7.06%
SpS5.29
BVpS16.27
TBVpS16.27
PEG (NY)N/A
PEG (5Y)4.45
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 | 1.1 |
F-Score4
WACC7.51%
ROIC/WACC0.46
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%