California Water Service Group (CWT)
Total Valuation
CWT has a market cap or net worth of $2.69 billion. The enterprise value is $3.84 billion.
Market Cap | 2.69B |
Enterprise Value | 3.84B |
Important Dates
The next estimated earnings date is Thursday, April 25, 2024, before market open.
Earnings Date | Apr 25, 2024 |
Ex-Dividend Date | Feb 9, 2024 |
Share Statistics
CWT has 57.68 million shares outstanding. The number of shares has increased by 4.82% in one year.
Shares Outstanding | 57.68M |
Shares Change (YoY) | +4.82% |
Shares Change (QoQ) | -0.00% |
Owned by Insiders (%) | 0.86% |
Owned by Institutions (%) | 88.82% |
Float | 57.11M |
Valuation Ratios
The trailing PE ratio is 51.08 and the forward PE ratio is 19.06. CWT's PEG ratio is 2.70.
PE Ratio | 51.08 |
Forward PE | 19.06 |
PS Ratio | 3.39 |
Forward PS | 2.89 |
PB Ratio | 1.89 |
P/FCF Ratio | n/a |
PEG Ratio | 2.70 |
Enterprise Valuation
EV / Earnings | 73.98 |
EV / Sales | 4.83 |
EV / EBITDA | 18.32 |
EV / EBIT | 44.37 |
EV / FCF | n/a |
Financial Position
The company has a current ratio of 0.69, with a Debt / Equity ratio of 0.86.
Current Ratio | 0.69 |
Quick Ratio | 0.57 |
Debt / Equity | 0.86 |
Debt / EBITDA | 5.88 |
Debt / FCF | n/a |
Interest Coverage | 1.74 |
Financial Efficiency
Return on equity (ROE) is 3.80% and return on invested capital (ROIC) is 3.29%.
Return on Equity (ROE) | 3.80% |
Return on Assets (ROA) | 1.30% |
Return on Capital (ROIC) | 3.29% |
Revenue Per Employee | $627,671 |
Profits Per Employee | $41,004 |
Employee Count | 1,266 |
Asset Turnover | 0.19 |
Inventory Turnover | 32.66 |
Taxes
Income Tax | -15.19M |
Effective Tax Rate | -41.36% |
Stock Price Statistics
The stock price has decreased by -18.81% in the last 52 weeks. The beta is 0.49, so CWT's price volatility has been lower than the market average.
Beta (1Y) | 0.49 |
52-Week Price Change | -18.81% |
50-Day Moving Average | 46.33 |
200-Day Moving Average | 49.46 |
Relative Strength Index (RSI) | 50.74 |
Average Volume (30 Days) | 328,252 |
Short Selling Information
The latest short interest is 1.16 million, so 2.00% of the outstanding shares have been sold short.
Short Interest | 1.16M |
Short Previous Month | 844,618 |
Short % of Shares Out | 2.00% |
Short % of Float | 2.02% |
Short Ratio (days to cover) | 3.35 |
Income Statement
In the last 12 months, CWT had revenue of $794.63 million and earned $51.91 million in profits. Earnings per share was $0.91.
Revenue | 794.63M |
Gross Profit | 325.39M |
Operating Income | 61.95M |
Pretax Income | 36.72M |
Net Income | 51.91M |
EBITDA | 209.67M |
EBIT | 86.54M |
Earnings Per Share (EPS) | $0.91 |
Balance Sheet
The company has $84.97 million in cash and $1.23 billion in debt, giving a net cash position of -$1.15 billion or -$19.91 per share.
Cash & Cash Equivalents | 84.97M |
Total Debt | 1.23B |
Net Cash | -1.15B |
Net Cash Per Share | -$19.91 |
Equity / Book Value | 1.43B |
Book Value Per Share | 24.74 |
Working Capital | -134.05M |
Cash Flow
In the last 12 months, operating cash flow was $217.82 million and capital expenditures -$383.75 million, giving a free cash flow of -$165.93 million.
Operating Cash Flow | 217.82M |
Capital Expenditures | -383.75M |
Free Cash Flow | -165.93M |
FCF Per Share | -$2.91 |
Margins
Gross margin is 40.95%, with operating and profit margins of 7.80% and 6.53%.
Gross Margin | 40.95% |
Operating Margin | 7.80% |
Pretax Margin | 4.62% |
Profit Margin | 6.53% |
EBITDA Margin | 26.39% |
EBIT Margin | 10.89% |
FCF Margin | -20.88% |
Dividends & Yields
This stock pays an annual dividend of $1.04, which amounts to a dividend yield of 2.24%.
Dividend Per Share | $1.04 |
Dividend Yield | 2.24% |
Dividend Growth (YoY) | 2.97% |
Years of Dividend Growth | 57 |
Payout Ratio | 114.29% |
Buyback Yield | -4.82% |
Shareholder Yield | -2.58% |
Earnings Yield | 1.93% |
FCF Yield | -6.16% |
Analyst Forecast
The average price target for CWT is $53.00, which is 14.03% higher than the current price. The consensus rating is "Hold".
Price Target | $53.00 |
Price Target Difference | 14.03% |
Analyst Consensus | Hold |
Analyst Count | 4 |
Revenue Growth Forecast (5Y) | 7.11% |
EPS Growth Forecast (5Y) | 31.57% |
Stock Splits
The last stock split was on June 13, 2011. It was a forward split with a ratio of 2:1.
Last Split Date | Jun 13, 2011 |
Split Type | Forward |
Split Ratio | 2:1 |
Scores
CWT has an Altman Z-Score of 0.88 and a Piotroski F-Score of 4. A Z-score under 3 suggests an increased risk of bankruptcy.
Altman Z-Score | 0.88 |
Piotroski F-Score | 4 |