If EPS Growth Is Important To You, American States Water (NYSE:AWR) Presents An Opportunity
Dec 05
U.S. Water Utilities Industry Analysis
UpdatedDec 05, 2023
DataAggregated Company Financials
Companies26
- 7D2.4%
- 3M-0.3%
- 1Y-15.8%
- YTD-15.6%
In the last week, the Water Utilities industry is up 2.4%, with American Water Works Company up 1.8%. In contrast, the industry has lost 16% in the last 12 months. As for the next few years, earnings are expected to grow by 7.9% per annum.
Industry Valuation and Performance
Has the U.S. Water Utilities Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Tue, 05 Dec 2023 | US$47.9b | US$9.0b | US$1.7b | 28.5x | 27.7x | 5.3x |
| Thu, 02 Nov 2023 | US$43.2b | US$8.9b | US$1.7b | 25.5x | 25.6x | 4.8x |
| Sat, 30 Sep 2023 | US$44.3b | US$13.9b | US$2.6b | 26x | 17.3x | 3.2x |
| Mon, 28 Aug 2023 | US$49.7b | US$8.9b | US$1.7b | 28.9x | 29.3x | 5.6x |
| Wed, 26 Jul 2023 | US$52.9b | US$8.7b | US$1.6b | 33.3x | 33x | 6.1x |
| Fri, 23 Jun 2023 | US$52.5b | US$8.7b | US$1.6b | 36.2x | 32.7x | 6x |
| Sun, 21 May 2023 | US$50.9b | US$8.7b | US$1.6b | 32.9x | 31.8x | 5.8x |
| Tue, 18 Apr 2023 | US$53.6b | US$8.5b | US$1.6b | 33.5x | 33.4x | 6.3x |
| Thu, 16 Mar 2023 | US$51.2b | US$8.5b | US$1.6b | 31.9x | 31.9x | 6x |
| Sat, 11 Feb 2023 | US$52.3b | US$8.3b | US$2.1b | 35.4x | 25.2x | 6.3x |
| Mon, 09 Jan 2023 | US$54.7b | US$8.3b | US$2.1b | 33.3x | 26.3x | 6.6x |
| Wed, 07 Dec 2022 | US$54.0b | US$8.3b | US$2.1b | 35.2x | 26x | 6.5x |
| Fri, 04 Nov 2022 | US$48.7b | US$8.2b | US$2.1b | 34.1x | 23.7x | 5.9x |
| Sun, 02 Oct 2022 | US$45.4b | US$8.2b | US$2.0b | 33.1x | 22.3x | 5.5x |
| Tue, 30 Aug 2022 | US$53.1b | US$8.2b | US$2.0b | 37.8x | 26.1x | 6.5x |
| Thu, 28 Jul 2022 | US$52.3b | US$8.2b | US$2.0b | 34.8x | 25.6x | 6.4x |
| Sat, 25 Jun 2022 | US$49.0b | US$8.2b | US$2.0b | 32.8x | 24x | 6x |
| Mon, 23 May 2022 | US$49.7b | US$8.2b | US$2.0b | 32.7x | 24.4x | 6.1x |
| Wed, 20 Apr 2022 | US$54.1b | US$8.1b | US$2.0b | 34x | 27.2x | 6.7x |
| Fri, 18 Mar 2022 | US$52.5b | US$8.1b | US$2.0b | 33.7x | 26.2x | 6.5x |
| Sun, 13 Feb 2022 | US$50.6b | US$8.0b | US$1.5b | 33.9x | 33.8x | 6.3x |
| Tue, 11 Jan 2022 | US$57.2b | US$8.0b | US$1.5b | 37.1x | 38.2x | 7.1x |
| Thu, 09 Dec 2021 | US$58.2b | US$8.0b | US$1.5b | 37.9x | 38.6x | 7.2x |
| Sat, 06 Nov 2021 | US$55.5b | US$8.0b | US$1.5b | 39x | 36x | 6.9x |
| Mon, 04 Oct 2021 | US$53.9b | US$8.1b | US$1.6b | 34.2x | 34.2x | 6.7x |
| Wed, 01 Sep 2021 | US$58.9b | US$8.7b | US$1.4b | 36.8x | 41.4x | 6.7x |
| Thu, 08 Jul 2021 | US$50.3b | US$8.7b | US$1.4b | 31.8x | 35.3x | 5.8x |
| Wed, 31 Mar 2021 | US$49.5b | US$8.6b | US$1.4b | 30.2x | 36.6x | 5.8x |
| Sat, 02 Jan 2021 | US$50.9b | US$8.2b | US$1.2b | 33.1x | 43.3x | 6.2x |
Price to Earnings Ratio
43.3x
Current Industry PE
- Investors are pessimistic on the American Water Utilities industry, indicating that they anticipate long term growth rates will be lower than they have historically.
- The industry is trading at a PE ratio of 27.7x which is lower than its 3-year average PE of 32.4x.
- The 3-year average PS ratio of 6.2x is higher than the industry's current PS ratio of 5.3x.
Past Earnings Growth
- The earnings for companies in the Water Utilities industry have grown 14% per year over the last three years.
- Revenues for these companies have grown 3.3% per year.
- This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.
Industry Trends
Which industries have driven the changes within the U.S. Utilities industry?
| US Market | 0.87% | |
| Utilities | 1.19% | |
| Water Utilities | 2.43% | |
| Water | 2.43% | |
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| AWK American Water Works Company | US$133.14 | 1.8% +US$465.3m | -13.1% | PE28.2x | |
| WTRG Essential Utilities | US$36.26 | 2.9% +US$278.6m | -24.5% | PE20.7x | |
| CWT California Water Service Group | US$53.05 | 4.2% +US$122.3m | -17.0% | PE74x | |
| SJW SJW Group | US$68.23 | 4.8% +US$100.6m | -14.3% | PE21.9x | |
| AWR American States Water | US$82.85 | 2.8% +US$83.2m | -15.1% | PE25x |
