MSEX
Middlesex Water·NASDAQ
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9.74 / 10
Outperform
MSEX boasts an exceptional fundamental score of 9.7/10, driven by a healthy gross margin of 54.02% and an interest-coverage ratio of 4.63, both ranking in strong quartiles. Key positives include Cash-UP (score 3) and PB-ROE (score 2), while Net income-Revenue and Profit-MV show room for improvement. Overall, the balance sheet and profitability remain robust, underpinning the Outperform rating.
Analysis Checks(5/10)
Revenue-MV
Value-0.93
Score2/3
Weight-1.12%
1M Return-0.11%
Value-0.93
Score2/3
Weight-1.12%
1M Return-0.11%
Profit-MV
Value0.43
Score0/3
Weight-27.91%
1M Return-4.52%
Value0.43
Score0/3
Weight-27.91%
1M Return-4.52%
PB-ROE
Value-0.32
Score2/3
Weight-12.58%
1M Return-1.53%
Value-0.32
Score2/3
Weight-12.58%
1M Return-1.53%
Interest coverage ratio (EBIT / Interest expense) (%)
Value4.63
Score2/3
Weight32.98%
1M Return2.44%
Value4.63
Score2/3
Weight32.98%
1M Return2.44%
Current assets / Total assets (%)
Value3.70
Score0/3
Weight-4.77%
1M Return-0.46%
Value3.70
Score0/3
Weight-4.77%
1M Return-0.46%
Gross profit margin (%)
Value54.02
Score3/3
Weight86.48%
1M Return5.11%
Value54.02
Score3/3
Weight86.48%
1M Return5.11%
Net income-Revenue
Value0.41
Score0/3
Weight-30.83%
1M Return-2.25%
Value0.41
Score0/3
Weight-30.83%
1M Return-2.25%
Cash-UP
Value-0.81
Score3/3
Weight103.59%
1M Return4.89%
Value-0.81
Score3/3
Weight103.59%
1M Return4.89%
Operating revenue (YoY growth rate %)
Value2.03
Score0/3
Weight-8.39%
1M Return-0.74%
Value2.03
Score0/3
Weight-8.39%
1M Return-0.74%
Cash-MV
Value-0.98
Score0/3
Weight-37.44%
1M Return-3.03%
Value-0.98
Score0/3
Weight-37.44%
1M Return-3.03%
Revenue-MV
Value-0.93
Score2/3
Weight-1.12%
1M Return-0.11%
Value-0.93
Score2/3
Weight-1.12%
1M Return-0.11%
Gross profit margin (%)
Value54.02
Score3/3
Weight86.48%
1M Return5.11%
Value54.02
Score3/3
Weight86.48%
1M Return5.11%
Profit-MV
Value0.43
Score0/3
Weight-27.91%
1M Return-4.52%
Value0.43
Score0/3
Weight-27.91%
1M Return-4.52%
Net income-Revenue
Value0.41
Score0/3
Weight-30.83%
1M Return-2.25%
Value0.41
Score0/3
Weight-30.83%
1M Return-2.25%
PB-ROE
Value-0.32
Score2/3
Weight-12.58%
1M Return-1.53%
Value-0.32
Score2/3
Weight-12.58%
1M Return-1.53%
Cash-UP
Value-0.81
Score3/3
Weight103.59%
1M Return4.89%
Value-0.81
Score3/3
Weight103.59%
1M Return4.89%
Interest coverage ratio (EBIT / Interest expense) (%)
Value4.63
Score2/3
Weight32.98%
1M Return2.44%
Value4.63
Score2/3
Weight32.98%
1M Return2.44%
Operating revenue (YoY growth rate %)
Value2.03
Score0/3
Weight-8.39%
1M Return-0.74%
Value2.03
Score0/3
Weight-8.39%
1M Return-0.74%
Current assets / Total assets (%)
Value3.70
Score0/3
Weight-4.77%
1M Return-0.46%
Value3.70
Score0/3
Weight-4.77%
1M Return-0.46%
Cash-MV
Value-0.98
Score0/3
Weight-37.44%
1M Return-3.03%
Value-0.98
Score0/3
Weight-37.44%
1M Return-3.03%
Is MSEX undervalued or overvalued?
- MSEX scores 9.74/10 on fundamentals and holds a Discounted valuation at present. Backed by its 7.34% ROE, 22.08% net margin, 21.33 P/E ratio, 1.91 P/B ratio, and 3.46% earnings growth, these metrics solidify its Outperform investment rating.
