American States Water
Market Cap
US$3.0b
Last Updated
2021/04/19 22:56 UTC
Data Sources
Company Financials +
Executive Summary
American States Water Company, through its subsidiaries, provides water and electric services to residential, commercial, industrial, and other customers in the United States. More Details
Rewards
Risk Analysis
Snowflake Analysis
Established dividend payer with mediocre balance sheet.
Similar Companies
Share Price & News
How has American States Water's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: AWR is less volatile than 75% of US stocks over the past 3 months, typically moving +/- 3% a week.
Volatility Over Time: AWR's weekly volatility (3%) has been stable over the past year.
Market Performance
7 Day Return
2.5%
AWR
5.2%
US Water Utilities
1.3%
US Market
1 Year Return
-3.7%
AWR
16.0%
US Water Utilities
53.8%
US Market
Return vs Industry: AWR underperformed the US Water Utilities industry which returned 16% over the past year.
Return vs Market: AWR underperformed the US Market which returned 53.9% over the past year.
Shareholder returns
| AWR | Industry | Market | |
|---|---|---|---|
| 7 Day | 2.5% | 5.2% | 1.3% |
| 30 Day | 8.7% | 13.2% | 5.1% |
| 90 Day | -1.8% | 2.1% | 8.9% |
| 1 Year | -2.1%-3.7% | 18.0%16.0% | 56.6%53.8% |
| 3 Year | 49.9%42.7% | 76.0%66.3% | 64.4%53.6% |
| 5 Year | 116.6%97.8% | 123.3%102.0% | 120.4%95.7% |
Long-Term Price Volatility Vs. Market
How volatile is American States Water's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 day ago | Simply Wall St
Return Trends At American States Water (NYSE:AWR) Aren't Appealing2 weeks ago | Simply Wall St
Are Institutions Heavily Invested In American States Water Company's (NYSE:AWR) Shares?1 month ago | Simply Wall St
Should American States Water (NYSE:AWR) Be Disappointed With Their 70% Profit?Valuation
Is American States Water undervalued compared to its fair value and its price relative to the market?
34.3x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: AWR ($80.71) is trading above our estimate of fair value ($34.87)
Significantly Below Fair Value: AWR is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: AWR's PE Ratio (34.6x) is in line with the US Water Utilities industry average.
PE vs Market: AWR is poor value based on its PE Ratio (34.6x) compared to the US market (22.5x).
Price to Earnings Growth Ratio
PEG Ratio: AWR is poor value based on its PEG Ratio (6.2x)
Price to Book Ratio
PB vs Industry: AWR is overvalued based on its PB Ratio (4.6x) compared to the US Water Utilities industry average (2.9x).
Future Growth
How is American States Water forecast to perform in the next 1 to 3 years based on estimates from 3 analysts?
5.5%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: AWR's forecast earnings growth (5.5% per year) is above the savings rate (2%).
Earnings vs Market: AWR's earnings (5.5% per year) are forecast to grow slower than the US market (18% per year).
High Growth Earnings: AWR's earnings are forecast to grow, but not significantly.
Revenue vs Market: AWR's revenue (3.3% per year) is forecast to grow slower than the US market (9.3% per year).
High Growth Revenue: AWR's revenue (3.3% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: AWR's Return on Equity is forecast to be low in 3 years time (13.5%).
Past Performance
How has American States Water performed over the past 5 years?
8.3%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: AWR has high quality earnings.
Growing Profit Margin: AWR's current net profit margins (17.6%) are lower than last year (17.7%).
Past Earnings Growth Analysis
Earnings Trend: AWR's earnings have grown by 8.3% per year over the past 5 years.
Accelerating Growth: AWR's earnings growth over the past year (2.5%) is below its 5-year average (8.3% per year).
Earnings vs Industry: AWR earnings growth over the past year (2.5%) underperformed the Water Utilities industry 13.4%.
Return on Equity
High ROE: AWR's Return on Equity (13.5%) is considered low.
Financial Health
How is American States Water's financial position?
Financial Position Analysis
Short Term Liabilities: AWR's short term assets ($157.1M) exceed its short term liabilities ($118.6M).
Long Term Liabilities: AWR's short term assets ($157.1M) do not cover its long term liabilities ($1.0B).
Debt to Equity History and Analysis
Debt Level: AWR's debt to equity ratio (89.6%) is considered high.
Reducing Debt: AWR's debt to equity ratio has increased from 75% to 89.6% over the past 5 years.
Debt Coverage: AWR's debt is well covered by operating cash flow (21.3%).
Interest Coverage: AWR's interest payments on its debt are well covered by EBIT (6.5x coverage).
Balance Sheet
Dividend
What is American States Water current dividend yield, its reliability and sustainability?
1.67%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: AWR's dividend (1.66%) is higher than the bottom 25% of dividend payers in the US market (1.24%).
High Dividend: AWR's dividend (1.66%) is low compared to the top 25% of dividend payers in the US market (3.46%).
Stability and Growth of Payments
Stable Dividend: AWR's dividends per share have been stable in the past 10 years.
Growing Dividend: AWR's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonable payout ratio (54.8%), AWR's dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: AWR's dividends in 3 years are forecast to be covered by earnings (58.9% payout ratio).
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
12.4yrs
Average management tenure
CEO
Bob Sprowls (62 yo)
12.25yrs
Tenure
US$4,995,699
Compensation
Mr. Robert J. Sprowls, also known as Bob, serves as Chief Executive Officer and President at American States Utility Services Inc. Mr. Sprowls has been the Chief Executive Officer and President of American...
CEO Compensation Analysis
Compensation vs Market: Bob's total compensation ($USD5.00M) is about average for companies of similar size in the US market ($USD5.16M).
Compensation vs Earnings: Bob's compensation has increased by more than 20% in the past year.
Leadership Team
Experienced Management: AWR's management team is seasoned and experienced (12.4 years average tenure).
Board Members
Experienced Board: AWR's board of directors are considered experienced (9.1 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
American States Water Company's company bio, employee growth, exchange listings and data sources
Key Information
- Name: American States Water Company
- Ticker: AWR
- Exchange: NYSE
- Founded: 1929
- Industry: Water Utilities
- Sector: Utilities
- Market Cap: US$2.979b
- Shares outstanding: 36.91m
- Website: https://americanstateswatercompany.gcs-web.com
Number of Employees
Location
- American States Water Company
- 630 East Foothill Boulevard
- San Dimas
- California
- 91773-1207
- United States
Listings
Biography
American States Water Company, through its subsidiaries, provides water and electric services to residential, commercial, industrial, and other customers in the United States. It operates through three seg...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/04/19 22:56 |
| End of Day Share Price | 2021/04/19 00:00 |
| Earnings | 2020/12/31 |
| Annual Earnings | 2020/12/31 |
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.