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Middlesex Water Company - Common Stock (MSEX)

NASDAQ Small Cap

Utilities › Water Supply

$52.05
Market Cap: $964M
Data as of Sep 30, 2025 (TTM)

Price History

Feb 9, 2026 — Apr 1, 2026

Investment Snapshot

  • Trading 39% above Graham Number — above intrinsic value estimate
  • Piotroski F-Score 3/9 — signs of financial weakness
  • ROE of 8.7% — below-average profitability
  • Dividend yield of 2.6%

Middlesex Water Company - Common Stock (MSEX) is a Utilities company operating in Water Supply, listed on the NASDAQ , with a market capitalisation of $964 million . Key value metrics: P/E ratio 22.4, P/B ratio 1.95, Piotroski F-Score 3 out of 9 .

Value Score

Key Metrics

P/E Ratio
22.41
1.95
EPS
$2.32
Div. Yield
2.6%
PEG Ratio
P/S Ratio
EV/EBITDA
ROE
ROA
Gross Margin
Op. Margin
Net Margin
Debt/Equity
Current Ratio

Current vs 5-Year Average

Based on 5 years of SEC filings
Net Margin
↑ +2.1pp avg —
Gross Margin
↑ +2.1pp avg —
Operating Margin
↑ +2.1pp avg —
Return on Equity
↑ +2.1pp avg —
Debt / Equity
↑ +2.1pp avg —

Revenue & Net Income

EPS & Free Cash Flow Per Share

Financial Statements

Metric FY22 FY23 FY24
Revenue $X.XB $X.XB $X.XB
Gross Profit $X.XB $X.XB $X.XB
Operating Income $X.XB $X.XB $X.XB
Net Income $X.XB $X.XB $X.XB
EBITDA $X.XB $X.XB $X.XB
Total Assets $X.XB $X.XB $X.XB
Total Liabilities $X.XB $X.XB $X.XB
Data sourced from SEC EDGAR and Polygon.io. Methodology. View more Utilities stocks →

Middlesex Water Company - Common Stock — Fundamental Analysis Summary

Middlesex Water Company - Common Stock (MSEX) is currently trading 39% above its Graham Number of $37.33, suggesting the market price exceeds Benjamin Graham's intrinsic value estimate. The stock carries an elevated trailing P/E ratio of 22.4x.

On financial health, MSEX shows a weak Piotroski F-Score of 3/9, a signal of deteriorating financial health, and modest return on equity of 8.7% (sector average: 6.7%), and manageable leverage with a debt-to-equity ratio of 0.85.

StockPik's composite Value Score for MSEX is 45/100 — reflecting current market or financial concerns. The score is built from ten fundamental signals: P/E, P/B, PEG ratio, P/S ratio, return on equity, gross margin, debt-to-equity, current ratio, dividend yield, and Piotroski F-Score.

MSEX shows revenue growing at 1% year-over-year, with earnings declining at 3%.

MSEX pays a modest dividend yield of 2.6%.

Top Value Stocks in Utilities

Symbol Price P/E Score
AWX $2.55 3.3 100
SOJF $25.13 5.2 100
SOJE $17.29 3.5 100
SOJC $21.17 4.3 100
SOJD $19.65 4.0 100
How is the Value Score calculated?
Read our full methodology →
How is the Graham Number calculated?
Benjamin Graham's intrinsic value formula, worked examples, and how to use it →
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