Is California Water Service Group (NYSE:CWT) Worth US$49.1 Based On Its Intrinsic Value?
Dec 06
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U.S. Water Utilities Industry Analysis
UpdatedDec 13, 2024
DataAggregated Company Financials
Companies18
- 7D-0.9%
- 3M-8.1%
- 1Y-3.1%
- YTD-2.0%
The Water Utilities industry has stayed flat over the last week. As for the longer term, the industry has declined 3.7% in the last year. Earnings are forecast to grow by 7.0% annually.
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 |
|---|---|---|---|---|---|---|
| Fri, 13 Dec 2024 | US$47.1b | US$9.4b | US$2.0b | 23.6x | 23.3x | 5x |
| Sun, 10 Nov 2024 | US$49.1b | US$9.4b | US$2.0b | 25.4x | 24.3x | 5.2x |
| Tue, 08 Oct 2024 | US$49.6b | US$9.2b | US$2.0b | 22.5x | 25.2x | 5.4x |
| Thu, 05 Sep 2024 | US$50.1b | US$9.2b | US$2.0b | 24.2x | 25.5x | 5.5x |
| Sat, 03 Aug 2024 | US$51.1b | US$9.2b | US$2.0b | 24.1x | 25.6x | 5.6x |
| Mon, 01 Jul 2024 | US$45.7b | US$9.0b | US$2.0b | 21.8x | 23.2x | 5.1x |
| Wed, 29 May 2024 | US$45.7b | US$9.0b | US$2.0b | 21.3x | 23.3x | 5.1x |
| Fri, 26 Apr 2024 | US$43.7b | US$9.1b | US$1.9b | 21.3x | 23.3x | 4.8x |
| Sun, 24 Mar 2024 | US$43.0b | US$8.9b | US$1.8b | 21.9x | 24.2x | 4.8x |
| Tue, 20 Feb 2024 | US$44.4b | US$9.1b | US$1.8b | 23.7x | 25.3x | 4.9x |
| Thu, 18 Jan 2024 | US$46.4b | US$9.0b | US$1.7b | 25.8x | 26.8x | 5.1x |
| Sat, 16 Dec 2023 | US$47.8b | US$9.0b | US$1.7b | 27.8x | 27.6x | 5.3x |
| Mon, 13 Nov 2023 | US$44.7b | US$9.1b | US$1.7b | 25.8x | 25.8x | 4.9x |
| Wed, 11 Oct 2023 | US$62.7b | US$13.9b | US$2.6b | 26.4x | 24.5x | 4.5x |
| Fri, 08 Sep 2023 | US$48.3b | US$8.9b | US$1.7b | 29.3x | 28.5x | 5.4x |
| Sun, 06 Aug 2023 | US$50.9b | US$8.9b | US$1.7b | 31.3x | 30.5x | 5.7x |
| Tue, 04 Jul 2023 | US$51.3b | US$8.7b | US$1.6b | 35.9x | 32x | 5.9x |
| Thu, 01 Jun 2023 | US$52.0b | US$8.7b | US$1.6b | 33.6x | 32.4x | 6x |
| Sat, 29 Apr 2023 | US$52.6b | US$8.6b | US$1.6b | 33.5x | 33x | 6.1x |
| Mon, 27 Mar 2023 | US$51.2b | US$8.5b | US$1.6b | 32.2x | 31.8x | 6x |
| Wed, 22 Feb 2023 | US$51.8b | US$8.3b | US$1.6b | 35.5x | 32.8x | 6.2x |
| Fri, 20 Jan 2023 | US$52.4b | US$8.3b | US$2.1b | 35.7x | 25.2x | 6.3x |
| Sun, 18 Dec 2022 | US$52.8b | US$8.3b | US$2.1b | 34.8x | 25.5x | 6.4x |
| Tue, 15 Nov 2022 | US$51.4b | US$8.3b | US$2.1b | 34.6x | 24.8x | 6.2x |
| Thu, 13 Oct 2022 | US$44.4b | US$8.2b | US$2.0b | 33x | 21.8x | 5.4x |
| Sat, 10 Sep 2022 | US$52.9b | US$8.2b | US$2.0b | 36.9x | 26x | 6.5x |
| Mon, 08 Aug 2022 | US$53.8b | US$8.2b | US$2.0b | 37.7x | 26.6x | 6.6x |
| Wed, 06 Jul 2022 | US$50.8b | US$8.2b | US$2.0b | 34x | 24.8x | 6.2x |
| Fri, 03 Jun 2022 | US$51.0b | US$8.2b | US$2.0b | 33x | 24.9x | 6.2x |
| Sun, 01 May 2022 | US$50.4b | US$8.1b | US$2.0b | 31.7x | 25x | 6.2x |
| Tue, 29 Mar 2022 | US$54.4b | US$8.1b | US$2.0b | 34.1x | 27.2x | 6.7x |
| Thu, 24 Feb 2022 | US$50.3b | US$8.1b | US$2.0b | 32x | 25.1x | 6.2x |
| Sat, 22 Jan 2022 | US$53.9b | US$8.0b | US$1.5b | 36.1x | 36x | 6.7x |
| Mon, 20 Dec 2021 | US$60.0b | US$8.0b | US$1.5b | 38.9x | 40.1x | 7.5x |
Price to Earnings Ratio
40.1x
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 23.4x which is lower than its 3-year average PE of 27.2x.
- The 3-year average PS ratio of 5.8x is higher than the industry's current PS ratio of 5.0x.
Past Earnings Growth
- The earnings for companies in the Water Utilities industry have grown 11% per year over the last three years.
- Revenues for these companies have grown 5.4% 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 | -0.43% | |
| Utilities | -3.74% | |
| Water Utilities | -0.88% | |
| Water | -0.88% | |
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 | |
|---|---|---|---|---|---|
| AWR American States Water | US$83.22 | 0.6% +US$18.1m | -0.5% | PE28.4x | |
| SJW SJW Group | US$53.55 | 0.8% +US$15.0m | -21.4% | PE19.8x | |
| PCYO Pure Cycle | US$13.78 | 0.07% +US$261.9k | 26.7% | PE28.6x | |
| CWCO Consolidated Water | US$25.57 | 0.04% +US$158.3k | -26.7% | PE15.4x |
