Consolidated Water Co. Ltd., together with its subsidiaries, designs, constructs, manages, and operates water production and treatment plants primarily in the Cayman Islands, the Bahamas, Indonesia, and the United States.
CWCO passed our risk checks.
Flawless balance sheet average dividend payer.
Share Price & News
How has Consolidated Water's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: CWCO has not had significant price volatility in the past 3 months.
7 Day Return
US Water Utilities
1 Year Return
US Water Utilities
Return vs Industry: CWCO exceeded the US Water Utilities industry which returned 18% over the past year.
Return vs Market: CWCO exceeded the US Market which returned -10.4% over the past year.
Price Volatility Vs. Market
How volatile is Consolidated Water's share price compared to the market and industry in the last 5 years?
Simply Wall St News
5 days ago | Simply Wall StShould Income Investors Look At Consolidated Water Co. Ltd. (NASDAQ:CWCO) Before Its Ex-Dividend?
2 weeks ago | Simply Wall StWhat Is Consolidated Water's (NASDAQ:CWCO) P/E Ratio After Its Share Price Tanked?
3 weeks ago | Simply Wall StShould You Be Worried About Insider Transactions At Consolidated Water Co. Ltd. (NASDAQ:CWCO)?
Is Consolidated Water undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: CWCO ($15.93) is trading above our estimate of fair value ($7.81)
Significantly Below Fair Value: CWCO is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: CWCO is good value based on its PE Ratio (28x) compared to the Water Utilities industry average (37x).
PE vs Market: CWCO is poor value based on its PE Ratio (28x) compared to the US market (13.1x).
Price to Earnings Growth Ratio
PEG Ratio: CWCO is poor value based on its PEG Ratio (6.3x)
Price to Book Ratio
PB vs Industry: CWCO is good value based on its PB Ratio (1.5x) compared to the US Water Utilities industry average (2.7x).
How is Consolidated Water forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: CWCO's forecast earnings growth (4.4% per year) is above the savings rate (1.7%).
Earnings vs Market: CWCO's earnings (4.4% per year) are forecast to grow slower than the US market (12.2% per year).
High Growth Earnings: CWCO's earnings are forecast to grow, but not significantly.
Revenue vs Market: CWCO's revenue (2.1% per year) is forecast to grow slower than the US market (7.2% per year).
High Growth Revenue: CWCO's revenue (2.1% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if CWCO's Return on Equity is forecast to be high in 3 years time
How has Consolidated Water performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: CWCO has high quality earnings.
Growing Profit Margin: CWCO's current net profit margins (12.4%) are lower than last year (15.5%).
Past Earnings Growth Analysis
Earnings Trend: CWCO's earnings have grown by 8.8% per year over the past 5 years.
Accelerating Growth: CWCO's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: CWCO had negative earnings growth (-16%) over the past year, making it difficult to compare to the Water Utilities industry average (4.5%).
Return on Equity
High ROE: CWCO's Return on Equity (5.7%) is considered low.
How is Consolidated Water's financial position?
Financial Position Analysis
Short Term Liabilities: CWCO's short term assets ($73.4M) exceed its short term liabilities ($8.2M).
Long Term Liabilities: CWCO's short term assets ($73.4M) exceed its long term liabilities ($6.2M).
Debt to Equity History and Analysis
Debt Level: CWCO's debt to equity ratio (0.04%) is considered satisfactory.
Reducing Debt: CWCO's debt to equity ratio has reduced from 6.2% to 0.04% over the past 5 years.
Debt Coverage: CWCO's debt is well covered by operating cash flow (19269.8%).
Interest Coverage: CWCO earns more interest than it pays, so coverage of interest payments is not a concern.
Inventory Level: CWCO has a high level of physical assets or inventory.
Debt Coverage by Assets: CWCO's debt is covered by short term assets (assets are 930.8x debt).
What is Consolidated Water's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: CWCO's dividend (2.13%) is higher than the bottom 25% of dividend payers in the US market (1.95%).
High Dividend: CWCO's dividend (2.13%) is low compared to the top 25% of dividend payers in the US market (5.4%).
Stability and Growth of Payments
Stable Dividend: CWCO's dividends per share have been stable in the past 10 years.
Growing Dividend: CWCO's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonable payout ratio (59.8%), CWCO's dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Rick McTaggart (56yo)
Mr. Frederick W. McTaggart, also known as Rick, has been a Director of Consolidated Water Co. Ltd. since 1998. He has been the Chief Executive Officer of Consolidated Water Co. Ltd. since January 1, 2004 a ...
CEO Compensation Analysis
Compensation vs Market: Rick's total compensation ($USD1.12M) is about average for companies of similar size in the US market ($USD1.49M).
Compensation vs Earnings: Rick's compensation has been consistent with company performance over the past year.
|CEO, President & Director||16.17yrs||US$1.12m||1.23% $2.9m|
|Executive VP & CFO||13.67yrs||US$593.62k||0.21% $494.7k|
|Executive VP & Chief Commercial Officer||8yrs||US$535.60k||0.23% $557.6k|
|Executive VP||3.25yrs||US$433.76k||0.14% $343.5k|
|Vice President of Sales & Marketing||9.42yrs||US$291.88k||0.090% $216.2k|
|Vice President of Purchasing & Logistics||no data||no data||0.0068% $16.3k|
Experienced Management: CWCO's management team is seasoned and experienced (9.4 years average tenure).
|CEO, President & Director||16.17yrs||US$1.12m||1.23% $2.9m|
|Independent Director||37.17yrs||US$72.50k||0.18% $424.1k|
|Independent Director||25.17yrs||US$95.45k||0.39% $947.7k|
|Independent Director||29.17yrs||US$65.80k||2.01% $4.8m|
|Independent Director||13.67yrs||US$99.60k||0.14% $338.3k|
|Independent Director||31.25yrs||US$94.20k||0.040% $96.6k|
|Chairman of the Board||10.25yrs||US$164.10k||0.20% $482.8k|
|Independent Director||18.83yrs||US$71.00k||0.11% $265.5k|
|Non-Independent Director||1.25yrs||US$4.22k||0.028% $66.8k|
Experienced Board: CWCO's board of directors are seasoned and experienced ( 22.2 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: CWCO insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Consolidated Water Co. Ltd.'s company bio, employee growth, exchange listings and data sources
- Name: Consolidated Water Co. Ltd.
- Ticker: CWCO
- Exchange: NasdaqGS
- Founded: 1973
- Industry: Water Utilities
- Sector: Utilities
- Market Cap: US$240.200m
- Shares outstanding: 15.08m
- Website: https://www.cwco.com
Number of Employees
- Consolidated Water Co. Ltd.
- Regatta Office Park
- Windward Three, 4th Floor
- Grand Cayman
- Grand Cayman
- Cayman Islands
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|CWCO||NasdaqGS (Nasdaq Global Select)||Yes||Class A Common Stock||US||USD||May 1995|
|CW2||DB (Deutsche Boerse AG)||Yes||Class A Common Stock||DE||EUR||May 1995|
Consolidated Water Co. Ltd., together with its subsidiaries, designs, constructs, manages, and operates water production and treatment plants primarily in the Cayman Islands, the Bahamas, Indonesia, and the United States. The company operates through four segments: Retail, Bulk, Services, and Manufacturing. It uses reverse osmosis technology to produce potable water from seawater. The company produces and supplies water to end-users, including residential, commercial, and government customers, as well as government-owned distributors. It also provides design, engineering, construction, procurement, and management services for desalination projects and plants. In addition, the company manufactures and services a range of water-related products, including reverse osmosis desalination equipment, membrane separation equipment, filtration equipment, piping systems, vessels, and custom fabricated components; and provides design, engineering, consulting, management, inspection, training, and equipment maintenance services for commercial, municipal, and industrial water production, supply, and treatment, as well as wastewater treatment. Consolidated Water Co. Ltd. was founded in 1973 and is headquartered in Grand Cayman, the Cayman Islands.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/03/31 00:40|
|End of Day Share Price||2020/03/30 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.