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YORW

York Water NasdaqGS:YORW Stock Report

Last Price

US$39.67

Market Cap

US$563.4m

7D

1.0%

1Y

-17.5%

Updated

17 May, 2022

Data

Company Financials +
YORW fundamental analysis
Snowflake Score
Valuation0/6
Future Growth0/6
Past Performance4/6
Financial Health1/6
Dividends4/6

YORW Stock Overview

The York Water Company impounds, purifies, and distributes drinking water.

York Water Competitors

Price History & Performance

Summary of all time highs, changes and price drops for York Water
Historical stock prices
Current Share PriceUS$39.67
52 Week HighUS$53.77
52 Week LowUS$38.10
Beta0.48
1 Month Change-4.46%
3 Month Change-8.47%
1 Year Change-17.53%
3 Year Change11.84%
5 Year Change20.40%
Change since IPO852.08%

Recent News & Updates

May 11
York Water (NASDAQ:YORW) Strong Profits May Be Masking Some Underlying Issues

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...

May 07
York Water (NASDAQ:YORW) Is Increasing Its Dividend To US$0.19

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...

Apr 27

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

YORWUS Water UtilitiesUS Market
7D1.0%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

Is YORW's price volatile compared to industry and market?
YORW volatility
YORW Average Weekly Movement3.8%
Water Utilities Industry Average Movement3.9%
Market Average Movement7.8%
10% most volatile stocks in US Market16.9%
10% least volatile stocks in US Market2.9%

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

FoundedEmployeesCEOWebsite
1816110JT Handhttps://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

How do York Water's earnings and revenue compare to its market cap?
YORW fundamental statistics
Market CapUS$563.44m
Earnings (TTM)US$17.14m
Revenue (TTM)US$56.28m

33.0x

P/E Ratio

10.0x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
YORW income statement (TTM)
RevenueUS$56.28m
Cost of RevenueUS$12.47m
Gross ProfitUS$43.81m
Other ExpensesUS$26.67m
EarningsUS$17.14m

Last Reported Earnings

Mar 31, 2022

Next Earnings Date

n/a

Earnings per share (EPS)1.20
Gross Margin77.85%
Net Profit Margin30.45%
Debt/Equity Ratio99.1%

How did YORW perform over the long term?

See historical performance and comparison

Dividends

2.0%

Current Dividend Yield

58%

Payout Ratio

Does YORW pay a reliable dividends?

See YORW dividend history and benchmarks
When do you need to buy YORW by to receive an upcoming dividend?
York Water dividend dates
Ex Dividend DateJun 29 2022
Dividend Pay DateJul 15 2022
Days until Ex dividend41 days
Days until Dividend pay date57 days

Does YORW pay a reliable dividends?

See YORW dividend history and benchmarks

Valuation

Is York Water undervalued compared to its fair value and its price relative to the market?

Valuation Score

0/6

Valuation 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

0/6

Future 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

4/6

Past 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

1/6

Financial 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

4/6

Dividend Score 4/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Future Dividend Coverage


1.97%

Current Dividend Yield

Upcoming Dividend Payment

TodayMay 18 2022Ex Dividend DateJun 29 2022Dividend Pay DateJul 15 202216 days from Ex DividendBuy in the next 41 days to receive the upcoming dividend

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

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/05/17 00:00
End of Day Share Price2022/05/17 00:00
Earnings2022/03/31
Annual Earnings2021/12/31


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.