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Artesian Resources Corp - Class A

Exchange: NASDAQSector: UtilitiesIndustry: Utilities - Regulated Water

Artesian Resources Corporation operates as a holding company of wholly-owned subsidiaries offering water and wastewater services, and related business services, on the Delmarva Peninsula. Artesian Water Company, the principal subsidiary, is the oldest and largest regulated water utility on the Delmarva Peninsula and has been providing water service since 1905. Artesian Water Company supplies 8.8 billion gallons of water per year through 1,470 miles of water main to over a third of Delawareans.

Current Price

$31.34

-1.40%

GoodMoat Value

$33.84

8.0% undervalued
Profile
Valuation (TTM)
Market Cap$323.38M
P/E13.87
EV
P/B1.29
Shares Out10.32M
P/Sales2.82
Revenue$114.83M
EV/EBITDA9.36

Artesian Resources Corp - Class A (ARTNA) Stock Analysis

ARTNA Price Chart

Market Cap$323.38M
Current Price$31.34
P/E Ratio13.87
Forward P/E
PEG Ratio1.47
EPS$2.21
Book Value$24.22
P/B Ratio1.29

ARTNA Financial Charts

FCF vs CAPEX

FCFCAPEX

Cash vs Debt

Net Debt: 183M

Revenue

84M

FY19

88M

FY20

91M

FY21

99M

FY22

99M

FY23

108M

FY24

113M

FY25

Net Income

15M

FY19

17M

FY20

17M

FY21

18M

FY22

17M

FY23

20M

FY24

23M

FY25

ARTNA 52-Week Range

$30.19
$34.41
50-Day MA: $31.74200-Day MA: $31.87
Did you know?

Trading 8% below its estimated fair value of $33.84.

Artesian Resources Corp - Class A (ARTNA) Financial Summary

Artesian Resources Corp - Class A (ARTNA) is a Utilities company in the Utilities - Regulated Water industry, listed on NASDAQ. The stock currently trades at $31.34 with a market capitalization of $323.38M.

Key valuation metrics include a P/E ratio of 13.87, price-to-book ratio of 1.29, and EPS of $2.21. The company reports a profit margin of 20.3% and return on equity of 9.3%.

ARTNA Key Financial Metrics

MetricValue
Market Cap$323.38M
P/E Ratio13.87
EPS$2.21
P/B Ratio1.29
P/S Ratio2.82
EV/EBITDA9.36
Dividend Yield3.92%
Profit Margin20.3%
Return on Equity9.3%
Debt/Equity0.73

ARTNA Revenue & Earnings History

YearRevenueNet Income
FY19$83.59M$14.93M
FY20$88.14M$16.82M
FY21$90.86M$16.83M
FY22$98.90M$18.00M
FY23$98.86M$16.70M
FY24$107.95M$20.39M
FY25$112.94M$22.82M

Artesian Resources Corp - Class A (ARTNA) Valuation

Based on GoodMoat's DCF model, Artesian Resources Corp - Class A has a fair value estimate of $33.84. At the current price of $31.34, the stock appears 7.4% undervalued relative to our intrinsic value estimate.

ARTNA Quality Indicators

Artesian Resources Corp - Class A maintains a profit margin of 20.3% and an operating margin of 31.5%. Return on equity stands at 9.3%. The current ratio is 0.64. Debt-to-equity ratio is 0.73.

About Artesian Resources Corp - Class A

Artesian Resources Corporation operates as a holding company of wholly-owned subsidiaries offering water and wastewater services, and related business services, on the Delmarva Peninsula. Artesian Water Company, the principal subsidiary, is the oldest and largest regulated water utility on the Delmarva Peninsula and has been providing water service since 1905. Artesian Water Company supplies 8.8 billion gallons of water per year through 1,470 miles of water main to over a third of Delawareans.

ARTNA Free Cash Flow

Artesian Resources Corp - Class A generated $-18.37M in trailing twelve-month free cash flow, representing an FCF yield of -5.68%. This low FCF yield may reflect heavy reinvestment or growth spending.

ARTNA Shares Outstanding

Artesian Resources Corp - Class A has 0.01 billion shares outstanding at a share price of $31.34, giving it a market capitalization of $323.38M.