Middlesex Water Co
NASDAQ:MSEX

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Middlesex Water Co
NASDAQ:MSEX
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Price: 65.65 USD -1.1%
Market Cap: 1.2B USD
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Relative Value

The Relative Value of one MSEX stock under the Base Case scenario is 80.32 USD. Compared to the current market price of 65.65 USD, Middlesex Water Co is Undervalued by 18%.

Relative Value is the estimated value of a stock based on various valuation multiples like P/E and EV/EBIT ratios. It offers a quick snapshot of a stock's valuation in relation to its peers and historical norms.

MSEX Relative Value
Base Case
80.32 USD
Undervaluation 18%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

vs History
82
vs Industry
9
Median 3Y
8.5
Median 5Y
8.3
Industry
1.7
Forward
6.2
vs History
76
vs Industry
14
Median 3Y
35.8
Median 5Y
34.7
Industry
15.1
Forward
27.7
vs History
50
vs Industry
9
Median 3Y
23.1
Median 5Y
24.6
Industry
7.1
vs History
vs Industry
Median 3Y
-148.9
Median 5Y
-59.9
Industry
13.9
vs History
77
vs Industry
18
Median 3Y
3.4
Median 5Y
3.4
Industry
1.4
vs History
84
vs Industry
10
Median 3Y
10.6
Median 5Y
10.2
Industry
2.8
Forward
8.1
vs History
vs Industry
Median 3Y
0
Median 5Y
0
Industry
7.6
vs History
87
vs Industry
14
Median 3Y
24.7
Median 5Y
25
Industry
10.5
vs History
93
vs Industry
9
Median 3Y
40.9
Median 5Y
40
Industry
14.9
vs History
46
vs Industry
8
Median 3Y
30.8
Median 5Y
30.9
Industry
11.2
vs History
vs Industry
Median 3Y
-49
Median 5Y
-37.5
Industry
16.4
vs History
74
vs Industry
24
Median 3Y
1.6
Median 5Y
1.6
Industry
0.9

Multiples Across Competitors

MSEX Competitors Multiples
Middlesex Water Co Competitors

All Multiples
P/S
P/E
EV/EBITDA
EV/EBIT
All Countries
Close
Market Cap P/S P/E EV/EBITDA EV/EBIT
US
Middlesex Water Co
NASDAQ:MSEX
1.2B USD 6.4 28.5 19.7 30.3
US
American Water Works Company Inc
NYSE:AWK
25.9B USD 5.8 26.4 16.2 23.8
BR
Companhia de Saneamento Basico do Estado de Sao Paulo SABESP
BOVESPA:SBSP3
65.5B BRL 2.4 16.1 7.4 10.3
US
Essential Utilities Inc
NYSE:WTRG
10.6B USD 5.4 19.4 16.7 25.1
UK
Severn Trent PLC
LSE:SVT
7.9B GBP 3.4 56.6 16.1 29.7
UK
United Utilities Group PLC
LSE:UU
7.4B GBP 3.8 58.7 16.8 32
BR
Basic Sanitation Company of the State of Sao Paulo SABESP
SWB:SAJA
4.5B EUR 1 6.8 3.9 5.4
HK
Guangdong Investment Ltd
HKEX:270
31.2B HKD 1.2 10.4 5.9 8.5
CN
Beijing Capital Eco-Environment Protection Group Co Ltd
SSE:600008
24.9B CNY 1.2 18.9 15.8 15.8
CN
Chongqing Water Group Co Ltd
SSE:601158
23.8B CNY 3.5 30.1 40.3 40.3
US
American States Water Co
NYSE:AWR
3.2B USD 5.6 29 18.4 22.9

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