American States Water Company, through its subsidiaries, provides water and electric services to residential, industrial, and other customers in the United States.
Solid track record average dividend payer.
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 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: AWR matched the US Water Utilities industry which returned 17.6% over the past year.
Return vs Market: AWR exceeded the US Market which returned -10.7% over the past year.
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
5 days ago | Simply Wall StIf You Like EPS Growth Then Check Out American States Water (NYSE:AWR) Before It's Too Late
2 weeks ago | Simply Wall StOur Take On American States Water Company's (NYSE:AWR) CEO Salary
3 weeks ago | Simply Wall StWith 32% Earnings Growth, Did American States Water Company (NYSE:AWR) Outperform The Industry?
Is American States 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: AWR ($81.31) is trading above our estimate of fair value ($32.14)
Significantly Below Fair Value: AWR is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: AWR is good value based on its PE Ratio (35.6x) compared to the Water Utilities industry average (36.3x).
PE vs Market: AWR is poor value based on its PE Ratio (35.6x) compared to the US market (13.1x).
Price to Earnings Growth Ratio
PEG Ratio: AWR is poor value based on its PEG Ratio (6.3x)
Price to Book Ratio
PB vs Industry: AWR is overvalued based on its PB Ratio (5x) compared to the US Water Utilities industry average (2.7x).
How is American States Water forecast to perform in the next 1 to 3 years based on estimates from 3 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: AWR's forecast earnings growth (5.6% per year) is above the savings rate (1.7%).
Earnings vs Market: AWR's earnings (5.6% per year) are forecast to grow slower than the US market (12.3% 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 (7.2% 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%).
How has American States Water performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: AWR has high quality earnings.
Growing Profit Margin: AWR's current net profit margins (17.7%) are higher than last year (14.5%).
Past Earnings Growth Analysis
Earnings Trend: AWR's earnings have grown by 5.1% per year over the past 5 years.
Accelerating Growth: AWR's earnings growth over the past year (32.2%) exceeds its 5-year average (5.1% per year).
Earnings vs Industry: AWR earnings growth over the past year (32.2%) exceeded the Water Utilities industry 4.5%.
Return on Equity
High ROE: AWR's Return on Equity (14%) is considered low.
How is American States Water's financial position?
Financial Position Analysis
Short Term Liabilities: AWR's short term assets ($122.5M) exceed its short term liabilities ($116.0M).
Long Term Liabilities: AWR's short term assets ($122.5M) do not cover its long term liabilities ($923.8M).
Debt to Equity History and Analysis
Debt Level: AWR's debt to equity ratio (80.9%) is considered high.
Reducing Debt: AWR's debt to equity ratio has increased from 64.4% to 80.9% over the past 5 years.
Debt Coverage: AWR's debt is well covered by operating cash flow (24%).
Interest Coverage: AWR's interest payments on its debt are well covered by EBIT (6x coverage).
Inventory Level: AWR has a high level of physical assets or inventory.
Debt Coverage by Assets: AWR's debt is not covered by short term assets (assets are 0.3x debt).
What is American States Water's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: AWR's dividend (1.5%) isn’t notable compared to the bottom 25% of dividend payers in the US market (1.95%).
High Dividend: AWR's dividend (1.5%) is low compared to the top 25% of dividend payers in the US market (5.37%).
Stability and Growth of Payments
Stable Dividend: AWR's dividends per share have been stable in the past 10 years.
Growing Dividend: AWR's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonable payout ratio (50.8%), AWR's dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: AWR's dividends in 3 years are forecast to be covered by earnings (57.2% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Robert Sprowls (61yo)
Mr. Robert J. Sprowls, also known as Bob, serves as Chief Executive Officer and President at American States Utility Services Inc. Mr. Sprowls has been the Chief Executive Officer and President of American ...
CEO Compensation Analysis
Compensation vs Market: Robert's total compensation ($USD3.01M) is below average for companies of similar size in the US market ($USD5.53M).
Compensation vs Earnings: Robert's compensation has been consistent with company performance over the past year.
|CEO, President & Director||11.17yrs||US$3.01m||0.36% $10.9m|
|Independent Director||10.17yrs||US$155.11k||0.020% $616.4k|
|Independent Director||23.17yrs||US$160.61k||0.091% $2.7m|
|Independent Director||7.17yrs||US$149.77k||0.033% $983.4k|
|Independent Director||8.83yrs||US$150.52k||0.047% $1.4m|
|Independent Director||13.17yrs||US$151.61k||0.040% $1.2m|
|Independent Director||0.83yr||no data||0.0015% $44.6k|
|Independent Director||8yrs||US$157.77k||0.031% $920.1k|
Experienced Board: AWR's board of directors are considered experienced (8.8 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: AWR insiders have only sold shares in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
American States Water Company's company bio, employee growth, exchange listings and data sources
- Name: American States Water Company
- Ticker: AWR
- Exchange: NYSE
- Founded: 1929
- Industry: Water Utilities
- Sector: Utilities
- Market Cap: US$3.013b
- Shares outstanding: 36.86m
- Website: https://americanstateswatercompany.gcs-web.com
Number of Employees
- American States Water Company
- 630 East Foothill Boulevard
- San Dimas
- United States
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|AWR||NYSE (New York Stock Exchange)||Yes||Common Shares||US||USD||Jan 1969|
|FDK||DB (Deutsche Boerse AG)||Yes||Common Shares||DE||EUR||Jan 1969|
|FDK||BRSE (Berne Stock Exchange)||Yes||Common Shares||CH||CHF||Jan 1969|
|AWR *||BMV (Bolsa Mexicana de Valores)||Yes||Common Shares||MX||MXN||Jan 1969|
American States Water Company, through its subsidiaries, provides water and electric services to residential, industrial, and other customers in the United States. It operates through three segments: Water, Electric, and Contracted Services. The company purchases, produces, distributes, and sells water, as well as distributes electricity. As of February 24, 2020, it provided water service to approximately 261,000 customers located throughout 10 counties in Northern, Coastal, and Southern California; and distributed electricity to approximately 24,000 customers in the City of Big Bear and surrounding areas in San Bernardino County, California. The company also provides water and/or wastewater services, including the operation, maintenance, and construction of facilities at the water and/or wastewater systems at various military installations. American States Water Company was founded in 1929 and is headquartered in San Dimas, California.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/04/01 00:01|
|End of Day Share Price||2020/03/31 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.