| Snowflake Score | |
|---|---|
| Valuation | 0/6 |
| Future Growth | 0/6 |
| Past Performance | 4/6 |
| Financial Health | 1/6 |
| Dividends | 4/6 |
YORW Stock Overview
The York Water Company impounds, purifies, and distributes drinking water.
York Water Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$39.67 |
| 52 Week High | US$53.77 |
| 52 Week Low | US$38.10 |
| Beta | 0.48 |
| 1 Month Change | -4.46% |
| 3 Month Change | -8.47% |
| 1 Year Change | -17.53% |
| 3 Year Change | 11.84% |
| 5 Year Change | 20.40% |
| Change since IPO | 852.08% |
Recent News & Updates
York Water (NASDAQ:YORW) Strong Profits May Be Masking Some Underlying Issues
The recent earnings posted by The York Water Company ( NASDAQ:YORW ) were solid, but the stock didn't move as much as...
York Water (NASDAQ:YORW) Is Increasing Its Dividend To US$0.19
The board of The York Water Company ( NASDAQ:YORW ) has announced that it will be increasing its dividend on the 15th...
York Water - The Oldest Dividend-Paying Stock In History
In this article we'll take a look at the oldest dividend in world history - the York water company. It's not high - below 2% - but there's upside. The company has interesting fundamentals and is a completely timeless business. Today we'll look at the upside in York Water company.
Shareholder Returns
| YORW | US Water Utilities | US Market | |
|---|---|---|---|
| 7D | 1.0% | 3.6% | 2.7% |
| 1Y | -17.5% | -3.4% | -8.1% |
Return vs Industry: YORW underperformed the US Water Utilities industry which returned -3.8% over the past year.
Return vs Market: YORW underperformed the US Market which returned -10.8% over the past year.
Price Volatility
| YORW volatility | |
|---|---|
| YORW Average Weekly Movement | 3.8% |
| Water Utilities Industry Average Movement | 3.9% |
| Market Average Movement | 7.8% |
| 10% most volatile stocks in US Market | 16.9% |
| 10% least volatile stocks in US Market | 2.9% |
Stable Share Price: YORW is less volatile than 75% of US stocks over the past 3 months, typically moving +/- 4% a week.
Volatility Over Time: YORW's weekly volatility (4%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1816 | 110 | JT Hand | https://www.yorkwater.com |
The York Water Company impounds, purifies, and distributes drinking water. It owns and operates three wastewater collection systems; five wastewater collection and treatment systems; and two reservoirs, including Lake Williams and Lake Redman, which hold approximately 2.2 billion gallons of water. The company also operates a 15-mile pipeline from the Susquehanna River to Lake Redman; and owns nine groundwater wells that supply water to customers in the Adams County.
York Water Fundamentals Summary
| YORW fundamental statistics | |
|---|---|
| Market Cap | US$563.44m |
| Earnings (TTM) | US$17.14m |
| Revenue (TTM) | US$56.28m |
33.0x
P/E Ratio10.0x
P/S RatioIs YORW overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| YORW income statement (TTM) | |
|---|---|
| Revenue | US$56.28m |
| Cost of Revenue | US$12.47m |
| Gross Profit | US$43.81m |
| Other Expenses | US$26.67m |
| Earnings | US$17.14m |
Last Reported Earnings
Mar 31, 2022
Next Earnings Date
n/a
| Earnings per share (EPS) | 1.20 |
| Gross Margin | 77.85% |
| Net Profit Margin | 30.45% |
| Debt/Equity Ratio | 99.1% |
How did YORW perform over the long term?
See historical performance and comparisonDividends
2.0%
Current Dividend Yield58%
Payout RatioDoes YORW pay a reliable dividends?
See YORW dividend history and benchmarks| York Water dividend dates | |
|---|---|
| Ex Dividend Date | Jun 29 2022 |
| Dividend Pay Date | Jul 15 2022 |
| Days until Ex dividend | 41 days |
| Days until Dividend pay date | 57 days |
Does YORW pay a reliable dividends?
See YORW dividend history and benchmarksValuation
Is York Water undervalued compared to its fair value and its price relative to the market?
Valuation Score
0/6Valuation Score 0/6
Below Fair Value
Significantly Below Fair Value
PE vs Industry
PE vs Market
PEG Ratio
PB vs Industry
32.98x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: YORW ($39.67) is trading above our estimate of fair value ($22.98)
Significantly Below Fair Value: YORW is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: YORW is poor value based on its PE Ratio (33x) compared to the US Water Utilities industry average (32.6x).
PE vs Market: YORW is poor value based on its PE Ratio (33x) compared to the US market (15.5x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate YORW's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: YORW is overvalued based on its PB Ratio (3.7x) compared to the US Water Utilities industry average (2.8x).
Future Growth
How is York Water forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?
Future Growth Score
0/6Future Growth Score 0/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Future ROE
2.9%
Forecasted annual revenue growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: Insufficient data to determine if YORW's forecast earnings growth is above the savings rate (1.9%).
Earnings vs Market: Insufficient data to determine if YORW's earnings are forecast to grow faster than the US market
High Growth Earnings: Insufficient data to determine if earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: YORW's revenue (2.9% per year) is forecast to grow slower than the US market (7.9% per year).
High Growth Revenue: YORW's revenue (2.9% 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 YORW's Return on Equity is forecast to be high in 3 years time
Past Performance
How has York Water performed over the past 5 years?
Past Performance Score
4/6Past Performance Score 4/6
Quality Earnings
Growing Profit Margin
Earnings Trend
Accelerating Growth
Earnings vs Industry
High ROE
7.7%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: YORW has high quality earnings.
Growing Profit Margin: YORW's current net profit margins (30.5%) are higher than last year (30.2%).
Past Earnings Growth Analysis
Earnings Trend: YORW's earnings have grown by 7.7% per year over the past 5 years.
Accelerating Growth: YORW's earnings growth over the past year (5.1%) is below its 5-year average (7.7% per year).
Earnings vs Industry: YORW earnings growth over the past year (5.1%) exceeded the Water Utilities industry 0.4%.
Return on Equity
High ROE: YORW's Return on Equity (11.1%) is considered low.
Financial Health
How is York Water's financial position?
Financial Health Score
1/6Financial Health Score 1/6
Short Term Liabilities
Long Term Liabilities
Debt Level
Reducing Debt
Debt Coverage
Interest Coverage
Financial Position Analysis
Short Term Liabilities: YORW's short term assets ($12.0M) do not cover its short term liabilities ($21.1M).
Long Term Liabilities: YORW's short term assets ($12.0M) do not cover its long term liabilities ($293.4M).
Debt to Equity History and Analysis
Debt Level: YORW's net debt to equity ratio (99.1%) is considered high.
Reducing Debt: YORW's debt to equity ratio has increased from 76.1% to 99.1% over the past 5 years.
Debt Coverage: YORW's debt is not well covered by operating cash flow (14.2%).
Interest Coverage: YORW's interest payments on its debt are well covered by EBIT (4.4x coverage).
Balance Sheet
Dividend
What is York Water current dividend yield, its reliability and sustainability?
Dividend Score
4/6Dividend Score 4/6
Notable Dividend
High Dividend
Stable Dividend
Growing Dividend
Earnings Coverage
Future Dividend Coverage
1.97%
Current Dividend Yield
Upcoming Dividend Payment
Dividend Yield vs Market
Notable Dividend: YORW's dividend (1.97%) is higher than the bottom 25% of dividend payers in the US market (1.54%).
High Dividend: YORW's dividend (1.97%) is low compared to the top 25% of dividend payers in the US market (4.06%).
Stability and Growth of Payments
Stable Dividend: YORW's dividends per share have been stable in the past 10 years.
Growing Dividend: YORW's dividend payments have increased over the past 10 years.
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (58.4%), YORW's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: YORW is paying a dividend but the company has no free cash flows.
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
2.8yrs
Average management tenure
CEO
JT Hand (58 yo)
2.17yrs
Tenure
US$487,314
Compensation
Mr. Joseph Thomas Hand, also known as JT, serves as President and Chief Executive Officer of The York Water Company since March 01, 2020, and also serves as its Director since March 03, 2020. He had been t...
CEO Compensation Analysis
Compensation vs Market: JT's total compensation ($USD487.31K) is below average for companies of similar size in the US market ($USD2.62M).
Compensation vs Earnings: JT's compensation has been consistent with company performance over the past year.
Leadership Team
Experienced Management: YORW's management team is considered experienced (2.8 years average tenure).
Board Members
Experienced Board: YORW's board of directors are seasoned and experienced ( 12.6 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: YORW insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Ownership Breakdown
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 9%.
Top Shareholders
Company Information
The York Water Company's employee growth, exchange listings and data sources
Key Information
- Name: The York Water Company
- Ticker: YORW
- Exchange: NasdaqGS
- Founded: 1816
- Industry: Water Utilities
- Sector: Utilities
- Implied Market Cap: US$563.445m
- Shares outstanding: 14.25m
- Website: https://www.yorkwater.com
Number of Employees
Location
- The York Water Company
- 130 East Market Street
- York
- Pennsylvania
- 17401
- United States
Listings
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2022/05/17 00:00 |
| End of Day Share Price | 2022/05/17 00:00 |
| Earnings | 2022/03/31 |
| Annual Earnings | 2021/12/31 |
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.