California Water Service Group
California Water Service Group, through its subsidiaries, provides water utility and other related services in California, Washington, New Mexico, and Hawaii. The last earnings update was 82 days ago. More info.
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CWT Share Price and Events
7 Day Returns
1 Year Returns
CWT Shareholder Return
| 7 Day | 30 Day | 90 Day | 1 Year | 3 Year | 5 Year | |
|---|---|---|---|---|---|---|
| California Water Service Group (CWT) | 0.1% | 0.9% | 4% | 26.4% | 56.2% | 120.1% |
| US Water Utilities | -1.4% | -1.1% | 11.7% | 22.7% | 38.9% | 112.5% |
| US Market | 1.1% | 4.3% | 2.9% | 4.7% | 37.7% | 43.6% |
1 Year Return vs Industry and Market
- CWT outperformed the Water Utilities industry which returned 22.7% over the past year.
- CWT outperformed the Market in United States of America which returned 4.7% over the past year.
Value
Value is all about what a company is worth versus what price it is
available for. If you went into a grocery store and all the bananas were on sale
at half price, they could be considered
undervalued.
- It is not possible to calculate the future cash flow value for California Water Service Group. This is due to cash flow or dividend data being unavailable. The share price is $51.43.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for
it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing
when they are out of season, or how much your home is worth.The amount the stock market is willing to pay for California Water Service Group's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are
California Water Service Group's earnings available for a low price, and how does
this compare to other companies in the same industry?
| Data Point | Source | Value |
|---|---|---|
| Earnings Per Share * | Company Filings (2019-03-31) in USD | $1.22 |
| NYSE:CWT Share Price ** | NYSE (2019-07-16) in USD | $51.43 |
| United States of America Water Utilities Industry PE Ratio | Median Figure of 14 Publicly-Listed Water Utilities Companies | 35.15x |
| United States of America Market PE Ratio | Median Figure of 3,084 Publicly-Listed Companies | 17.98x |
* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.
** Primary Listing of California Water Service Group.
| Calculation | Outcome | |
|---|---|---|
| PE Ratio | = NYSE:CWT Share Price ÷ EPS (both in USD) = 51.43 ÷ 1.22 |
42.12x |
Learn more about our ratios and growth rates in Simply Wall St’s analysis model >
- California Water Service Group is overvalued based on earnings compared to the US Water Utilities industry average.
- California Water Service Group is overvalued based on earnings compared to the United States of America market.
Price based on expected Growth
Does
California Water Service Group's expected growth come at a high price?
| Data Point | Source | Value |
|---|---|---|
| PE Ratio | See PE Ratio Section | 42.12x |
| Net Income Annual Growth Rate | See Future Growth Section. Line of Best Fit* through Consensus Estimate Earnings of 6 Analysts |
12.8%per year |
| United States of America Water Utilities Industry PEG Ratio | Median Figure of 8 Publicly-Listed Water Utilities Companies | 3.6x |
| United States of America Market PEG Ratio | Median Figure of 2,125 Publicly-Listed Companies | 1.58x |
*Line of best fit is calculated by linear regression .
| Calculation | Outcome | |
|---|---|---|
| PEG Ratio | = PE Ratio ÷ Net Income Annual Growth Rate = 42.12x ÷ 12.8% |
3.29x |
Learn more about our ratios and growth rates in Simply Wall St’s analysis model >
- California Water Service Group is poor value based on expected growth next year.
Price based on value of assets
What value do investors place on
California Water Service Group's
assets?
| Data Point | Source | Value |
|---|---|---|
| Book Value per Share | Company Filings (2019-03-31) in USD | $14.84 |
| NYSE:CWT Share Price * | NYSE (2019-07-16) in USD | $51.43 |
| United States of America Water Utilities Industry PB Ratio | Median Figure of 16 Publicly-Listed Water Utilities Companies | 3.15x |
| United States of America Market PB Ratio | Median Figure of 5,240 Publicly-Listed Companies | 1.81x |
| Calculation | Outcome | |
|---|---|---|
| PB Ratio | = NYSE:CWT Share Price ÷ Book Value per Share (both in USD) = 51.43 ÷ 14.84 |
3.47x |
* Primary Listing of California Water Service Group.
Learn more about our ratios and growth rates in Simply Wall St’s analysis model >
- California Water Service Group is overvalued based on assets compared to the US Water Utilities industry average.
Value checks
We assess California Water Service Group's value by looking at:- Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
- Is the PE ratio less than the market average, and/ or less than the Water Utilities industry average (and greater than 0)? (2 checks)
- Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
- Is the PB ratio less than the Water Utilities industry average (and greater than 0)? (1 check) California Water Service Group has a total score of 0/6, see the detailed checks below.
Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.
Full details on the Value part of the Simply Wall St company analysis model.
Future Performance
The future performance of a company is measured in the same way as past
performance, by looking at estimated
growth
and how much profit it is expected to make.Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Earnings growth vs Low Risk Savings
- California Water Service Group's earnings growth is expected to exceed the low risk savings rate of 2.7%.
Growth vs Market Checks
- California Water Service Group's earnings growth is positive but not above the United States of America market average.
- California Water Service Group's revenue growth is positive but not above the United States of America market average.
Annual Growth Rates Comparison
| Data Point | Source | Value (per year) |
|---|---|---|
| NYSE:CWT Future Earnings Growth Rate | Line of Best Fit* through Consensus Estimate Earnings of 6 Analysts | 12.8% |
| NYSE:CWT Future Revenue Growth Rate | Line of Best Fit* through Consensus Estimate Revenue of 6 Analysts | 3.9% |
| United States of America Water Utilities Industry Earnings Growth Rate | Market Cap Weighted Average | 11.7% |
| United States of America Water Utilities Industry Revenue Growth Rate | Market Cap Weighted Average | 5.9% |
| United States of America Market Earnings Growth Rate | Market Cap Weighted Average | 14.1% |
| United States of America Market Revenue Growth Rate | Market Cap Weighted Average | 7.5% |
*Line of best fit is calculated by linear regression .
Industry and Market average data is calculated daily.
Learn more about our growth rate calculations in Simply Wall St’s analysis model.
Analysts growth expectations
| Data Point | Source | Value |
|---|---|---|
| Past Financials | Company Filings (3 months ago) | See Below |
| Future Estimates | Average of up to 6 Analyst Estimates (S&P Global) | See Below |
| Date (Data in USD Millions) | Revenue | Cash Flow | Net Income * | Avg. No. Analysts |
|---|---|---|---|---|
| 2023-12-31 | ||||
| 2022-12-31 | ||||
| 2021-12-31 | 770 | 84 | 3 | |
| 2020-12-31 | 742 | 78 | 6 | |
| 2019-12-31 | 714 | 68 | 6 |
| Date (Data in USD Millions) | Revenue | Cash Flow | Net Income * |
|---|---|---|---|
| 2019-03-31 | 690 | 171 | 59 |
| 2018-12-31 | 698 | 179 | 66 |
| 2018-09-30 | 697 | 158 | 66 |
| 2018-06-30 | 690 | 162 | 66 |
| 2018-03-31 | 689 | 162 | 71 |
| 2017-12-31 | 676 | 148 | 73 |
| 2017-09-30 | 656 | 146 | 69 |
| 2017-06-30 | 628 | 137 | 58 |
| 2017-03-31 | 610 | 143 | 51 |
| 2016-12-31 | 609 | 160 | 49 |
| 2016-09-30 | 597 | 152 | 42 |
| 2016-06-30 | 596 | 156 | 44 |
*GAAP earnings excluding extraordinary items.
Past and Future Earnings per Share
| Data Point | Source | Value |
|---|---|---|
| Past Financials | Company Filings (3 months ago) | See Below |
| Future Estimates | Average of up to 6 Analyst Estimates (S&P Global) | See Below |
All data from California Water Service Group Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.
| Date (Data in USD Millions) | EPS * | EPS High Estimate | EPS Low Estimate | Avg. No. Analysts |
|---|---|---|---|---|
| 2023-12-31 | 2.03 | 2.03 | 2.03 | 1.00 |
| 2022-12-31 | 1.88 | 1.88 | 1.88 | 1.00 |
| 2021-12-31 | 1.73 | 1.76 | 1.69 | 4.00 |
| 2020-12-31 | 1.60 | 1.65 | 1.55 | 6.00 |
| 2019-12-31 | 1.39 | 1.40 | 1.39 | 6.00 |
| Date (Data in USD Millions) | EPS * |
|---|---|
| 2019-03-31 | 1.22 |
| 2018-12-31 | 1.36 |
| 2018-09-30 | 1.38 |
| 2018-06-30 | 1.36 |
| 2018-03-31 | 1.48 |
| 2017-12-31 | 1.52 |
| 2017-09-30 | 1.43 |
| 2017-06-30 | 1.20 |
| 2017-03-31 | 1.05 |
| 2016-12-31 | 1.02 |
| 2016-09-30 | 0.88 |
| 2016-06-30 | 0.92 |
*GAAP earnings excluding extraordinary items.
Performance in 3 years
In the same way as past performance we look at the future estimated return
(profit) compared to the available
funds. We do this looking forward 3 years.
- California Water Service Group is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).
Future performance checks
We assess California Water Service Group's future performance by looking at:- Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
- Is the annual earnings growth rate expected to beat the average growth rate in earnings of the United States of America market? (1 check)
- Is the annual revenue growth rate expected to beat the average growth rate in revenue of the United States of America market? (1 check)
- Is the annual earnings growth rate expected to be above 20%? (1 check)
- Is the annual revenue growth rate expected to be above 20%? (1 check)
- Is the Return on Equity in 3 years expected to be over 20%? (1 check)
California Water Service Group has a total score of 1/6, see the detailed checks below.
Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.
Full details on the Future part of the Simply Wall St company analysis model.
Past Performance
How has California Water Service Group performed over the past 5 years?
The past performance of a company can be measured by how much
growth
it has experienced and how much profit it makes relative to the funds and assets
it has available.
Past earnings growth
Past Earnings growth analysis
- California Water Service Group's year on year earnings growth rate has been positive over the past 5 years.
- California Water Service Group's 1-year earnings growth is negative, it can't be compared to the 5-year average.
- California Water Service Group's 1-year earnings growth is negative, it can't be compared to the US Water Utilities industry average.
Earnings and Revenue History
All data from California Water Service Group Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.
| Date (Data in USD Millions) | Revenue | Net Income * | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 2019-03-31 | 689.75 | 58.71 | 111.72 | |
| 2018-12-31 | 698.20 | 65.58 | 110.22 | |
| 2018-09-30 | 697.38 | 66.08 | 113.34 | |
| 2018-06-30 | 690.13 | 65.54 | 109.76 | |
| 2018-03-31 | 688.63 | 71.05 | 106.71 | |
| 2017-12-31 | 676.11 | 72.94 | 103.10 | |
| 2017-09-30 | 655.83 | 68.60 | 97.57 | |
| 2017-06-30 | 628.37 | 57.63 | 96.53 | |
| 2017-03-31 | 609.68 | 50.61 | 96.10 | |
| 2016-12-31 | 609.37 | 48.68 | 98.68 | |
| 2016-09-30 | 596.87 | 42.06 | 103.29 | |
| 2016-06-30 | 596.14 | 44.31 | 110.18 | |
| 2016-03-31 | 588.11 | 42.64 | 113.45 | |
| 2015-12-31 | 588.37 | 45.02 | 113.32 | |
| 2015-09-30 | 587.33 | 47.93 | 109.95 | |
| 2015-06-30 | 594.97 | 56.46 | 102.98 | |
| 2015-03-31 | 608.97 | 63.79 | 100.14 | |
| 2014-12-31 | 597.50 | 56.74 | 97.58 | |
| 2014-09-30 | 593.82 | 51.01 | 97.89 | |
| 2014-06-30 | 587.04 | 46.51 | 98.80 | |
| 2014-03-31 | 583.17 | 42.85 | 98.16 | |
| 2013-12-31 | 584.10 | 47.25 | 98.30 | |
| 2013-09-30 | 571.93 | 46.59 | 98.08 | |
| 2013-06-30 | 565.66 | 47.22 | 97.33 | |
| 2013-03-31 | 554.66 | 46.67 | 96.34 | |
| 2012-12-31 | 559.97 | 48.83 | 94.08 | |
| 2012-09-30 | 541.45 | 45.69 | 92.50 |
*GAAP earnings excluding extraordinary items.
Performance last year
We want to ensure a company is making the most of what it has available. This is
done by comparing the return (profit) to a company's available
funds,
assets
and
capital.
- California Water Service Group has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
- California Water Service Group used its assets less efficiently than the US Water Utilities industry average last year based on Return on Assets.
- California Water Service Group's use of capital has not improved over the past 3 years (Return on Capital Employed).
Past performance checks
We assess California Water Service Group's performance over the past 5 years by checking for:- Has earnings increased in past 5 years? (1 check)
- Has the earnings growth in the last year exceeded that of the Water Utilities industry? (1 check)
- Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
- Is the Return on Equity (ROE) higher than 20%? (1 check)
- Is the Return on Assets (ROA) above industry average? (1 check)
- Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
California Water Service Group has a total score of 1/6, see the detailed checks below.
Note: We use GAAP Net Income excluding extraordinary items in all our calculations.
Full details on the Past part of the Simply Wall St company analysis model.
Health
How is California Water Service Group's financial health and their level of debt?
A company's financial position is much like your own financial position,
it includes everything you own
(assets)
and owe
(liabilities).The boxes below represent the relative size of what makes up California Water Service Group's finances.
The net worth of a company is the difference between its assets and liabilities.
- California Water Service Group's short term (1 year) commitments are greater than its holdings of cash and other short term assets.
- California Water Service Group's long term commitments exceed its cash and other short term assets.
Balance sheet
Assets
Liabilities and shares
- High level of physical assets or inventory.
- Debt is not covered by short term assets, assets are 0.2x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t
bad,
however if the debt is too high, or the company can’t afford to pay the interest
on its debts this may have impacts in the future.The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.
If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
All data from California Water Service Group Company Filings, last reported 3 months ago.
| Date (Data in USD Millions) | Total Equity | Total Debt | Cash & Short Term Investments |
|---|---|---|---|
| 2019-03-31 | 714.13 | 934.06 | 60.23 |
| 2018-12-31 | 730.16 | 880.04 | 47.18 |
| 2018-09-30 | 712.03 | 894.22 | 66.42 |
| 2018-06-30 | 685.93 | 844.65 | 33.67 |
| 2018-03-31 | 681.31 | 796.69 | 34.70 |
| 2017-12-31 | 699.22 | 806.81 | 94.78 |
| 2017-09-30 | 687.72 | 750.82 | 28.34 |
| 2017-06-30 | 661.83 | 746.09 | 29.10 |
| 2017-03-31 | 651.33 | 687.95 | 11.99 |
| 2016-12-31 | 659.47 | 655.05 | 25.49 |
| 2016-09-30 | 652.01 | 618.77 | 21.35 |
| 2016-06-30 | 636.76 | 637.02 | 30.83 |
| 2016-03-31 | 632.97 | 598.46 | 30.88 |
| 2015-12-31 | 642.16 | 547.66 | 8.84 |
| 2015-09-30 | 640.85 | 559.63 | 50.83 |
| 2015-06-30 | 623.04 | 549.95 | 24.52 |
| 2015-03-31 | 620.67 | 534.73 | 33.31 |
| 2014-12-31 | 626.63 | 504.96 | 19.59 |
| 2014-09-30 | 622.28 | 491.16 | 29.49 |
| 2014-06-30 | 595.89 | 511.10 | 29.71 |
| 2014-03-31 | 585.98 | 497.61 | 21.74 |
| 2013-12-31 | 598.76 | 480.87 | 27.51 |
| 2013-09-30 | 600.25 | 489.76 | 48.85 |
| 2013-06-30 | 578.48 | 507.56 | 38.67 |
| 2013-03-31 | 572.16 | 574.17 | 127.68 |
| 2012-12-31 | 473.71 | 570.73 | 38.79 |
| 2012-09-30 | 474.94 | 546.81 | 16.97 |
- California Water Service Group's level of debt (131.7%) compared to net worth is high (greater than 40%).
- The level of debt compared to net worth has increased over the past 5 years (84.9% vs 131.7% today).
- Debt is not well covered by operating cash flow (18.2%, less than 20% of total debt).
- Interest payments on debt are not well covered by earnings (EBIT is 2.6x annual interest expense, ideally 3x coverage).
Financial health checks
We assess California Water Service Group's financial health by checking for:- Are short term assets greater than short term liabilities? (1 check)
- Are short term assets greater than long term liabilities? (1 check)
- Has the debt to equity ratio increased in the past 5 years? (1 check)
- Is the debt to equity ratio over 40%? (1 check)
- Is the debt covered by operating cash flow? (1 check)
- Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check) California Water Service Group has a total score of 0/6, see the detailed checks below.
- Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
- Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
Full details on the Health part of the Simply Wall St company analysis model.
Dividends
What is California Water Service Group's current dividend yield, its reliability and sustainability?
Dividends are regular cash payments to you from the company, similar to a
bank paying you interest on a savings account.
Annual Dividend Income
If you bought
$2,000 of
California Water Service Group
shares you are expected to receive
$31
in your first year as a dividend.
Dividend Amount
- California Water Service Group's pays a higher dividend yield than the bottom 25% of dividend payers in United States of America (1.42%).
- California Water Service Group's dividend is below the markets top 25% of dividend payers in United States of America (3.73%).
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not
wildly increasing/decreasing each year. This graph shows you the historical rate
to count toward your assessment of the stock.We also check to see if the dividend has increased in the past 10 years.
| Data Point | Source | Value |
|---|---|---|
| Past Annualized Dividend Yield | S&P Global Market Data | See Below |
| Past Dividends per Share | Company Filings/ Annualized Dividend Payments | See Below |
| Future Dividends per Share Estimates | Average of up to 6 Analyst Estimates (S&P Global) | See Below |
| United States of America Water Utilities Industry Average Dividend Yield | Market Cap Weighted Average of 13 Stocks | 1.8% |
| United States of America Market Average Dividend Yield | Market Cap Weighted Average of 2017 Stocks | 2.4% |
| United States of America Minimum Threshold Dividend Yield | 10th Percentile | 0.8% |
| United States of America Bottom 25% Dividend Yield | 25th Percentile | 1.4% |
| United States of America Top 25% Dividend Yield | 75th Percentile | 3.7% |
Industry and Market average data is calculated daily.
Note all dividend per share amounts are annualized and not quarterly or other period.
| Date (Data in $) | Dividend per Share (annual) | Avg. No. Analysts |
|---|---|---|
| 2023-12-31 | ||
| 2022-12-31 | ||
| 2021-12-31 | 0.87 | 2.00 |
| 2020-12-31 | 0.83 | 2.00 |
| 2019-12-31 | 0.79 | 2.00 |
| Date (Data in $) | Dividend per share (annual) | Avg. Yield (%) |
|---|---|---|
| 2019-04-24 | 0.790 | 1.571 |
| 2019-01-30 | 0.790 | 1.528 |
| 2018-10-31 | 0.750 | 1.640 |
| 2018-07-25 | 0.750 | 1.813 |
| 2018-04-25 | 0.750 | 1.880 |
| 2018-01-31 | 0.750 | 1.968 |
| 2017-10-25 | 0.720 | 1.656 |
| 2017-07-26 | 0.720 | 1.858 |
| 2017-04-26 | 0.720 | 1.997 |
| 2017-01-25 | 0.720 | 2.033 |
| 2016-10-26 | 0.690 | 2.062 |
| 2016-07-27 | 0.690 | 2.169 |
| 2016-04-27 | 0.690 | 2.233 |
| 2016-01-27 | 0.690 | 2.659 |
| 2015-10-28 | 0.670 | 2.939 |
| 2015-07-29 | 0.670 | 3.083 |
| 2015-04-29 | 0.670 | 2.838 |
| 2014-10-29 | 0.650 | 2.629 |
| 2014-07-30 | 0.650 | 2.750 |
| 2014-04-30 | 0.650 | 2.878 |
| 2014-01-29 | 0.650 | 2.813 |
| 2013-10-30 | 0.640 | 2.855 |
| 2013-07-31 | 0.640 | 3.126 |
| 2013-04-24 | 0.640 | 3.173 |
| 2013-01-30 | 0.640 | 3.205 |
| 2012-10-31 | 0.630 | 3.451 |
| 2012-07-25 | 0.630 | 3.394 |
| 2012-04-25 | 0.630 | 3.496 |
| 2012-01-25 | 0.630 | 3.447 |
| 2011-10-26 | 0.615 | 3.374 |
| 2011-07-27 | 0.615 | 3.424 |
| 2011-04-27 | 0.615 | 3.321 |
| 2011-01-26 | 0.615 | 3.391 |
| 2010-10-27 | 0.595 | 3.181 |
| 2010-07-28 | 0.595 | 3.297 |
| 2010-04-28 | 0.595 | 3.270 |
| 2010-01-27 | 0.595 | 3.205 |
| 2009-10-28 | 0.590 | 3.210 |
| 2009-07-29 | 0.590 | 3.088 |
| 2009-04-29 | 0.590 | 3.261 |
| 2009-01-28 | 0.590 | 2.914 |
| 2008-10-29 | 0.585 | 2.841 |
| 2008-07-23 | 0.585 | 3.185 |
Learn more about our ratios and growth rates in Simply Wall St’s analysis model >
- Dividends per share have been stable in the past 10 years.
- Dividends per share have increased over the past 10 years.
Current Payout to shareholders
What portion of
California Water Service Group's earnings are
paid
to the shareholders as a dividend.
- Dividends paid are covered by earnings (1.6x coverage).
- Dividends after 3 years are expected to be well covered by earnings (2.1x coverage).
Income/ dividend checks
We assess California Water Service Group's dividend by checking for:- Firstly is the company paying a notable dividend (greater than 0.8%) - if not then the rest of the checks are ignored.
- Is current dividend yield above the bottom 25% of dividend payers? (1 check)
- Is current dividend yield above the top 25% of dividend payers? (1 check)
- Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
- If they have paid a dividend for 10 years has it increased in this time? (1 check)
- How sustainable is the dividend, can California Water Service Group afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks) California Water Service Group has a total score of 5/6, see the detailed checks below.
Full details on the Dividends part of the Simply Wall St company analysis model.
Management
CEO
| COMPENSATION | $5,903,323 |
| AGE | 52 |
| TENURE AS CEO | 5.8 years |
CEO Bio
Mr. Martin A. Kropelnicki, also known as Marty, has been the Chief Executive Officer and President of California Water Service Company since September 1, 2013. Mr. Kropelnicki has been the President of California Water Service Group since October 1, 2012 and has been its Chief Executive Officer since September 1, 2013. He served as the President and Chief Operating Officer from 2012 to 2013, Chief Financial Officer and Treasurer from 2006 to 2012 at California Water Service Company. He served as Chief Operating Officer of California Water Service Group from October 1, 2012 to September 1, 2013. He served as the Chief Financial Officer, Vice President and Treasurer of California Water Service Group from March 13, 2006 to October 1, 2012 and served as its Principal Accounting Officer since May 1, 2012. He joined Hall Kinion & Associates Inc. in February 1997 as a Vice President, Chief Financial Officer and Secretary. He served as Chief Financial Officer and Executive Vice President of Corporate Services of Hall Kinion and Associates since 1997 until 2004. He served as the Chief Financial Officer of Power Light Corporation from 2005 to 2006. From June 1989 to February 1996, Mr. Kropelnicki held various positions, as a Director in the financial organization at Pacific Gas & Electric Company from 1989 to 1996. He began his professional career as an Accountant at Hewlett Packard in Palo Alto, California. Mr. Kropelnicki is the past President of the National Association of Water Companies and currently serves on their Board of Directors. He also serves as President and Chief Executive Officer of CWS Utility Services, Hawaii Water Service Company, Inc., and New Mexico Water Service Company; Chief Executive Officer of Washington Water Service Company. He has been a Director of California Water Service Group since September 1, 2013. Prior to Hall Kinion & Associates Inc., he served as Director at Deloitte & Touche Consulting Group-ICS from February 1996 to February 1997. He serves as a director for the Bay Area Council, and the California Foundation on the Environment & Economy, and is a member of the Silicon Valley Leadership Group. Mr. Kropelnicki holds a B.A. degree and an M.A. degree in Business Economics from San Jose State University.
CEO Compensation
- Marty's compensation has been consistent with company performance over the past year, both up more than 20%.
- Marty's remuneration is about average for companies of similar size in United States of America.
Management Team Tenure
Average tenure and age of the California Water Service Group management team in years:
- The tenure for the California Water Service Group management team is about average.
Management Team
Marty Kropelnicki
President
$6M
52
5.8 yrs
Tom Smegal
VP, CFO & Treasurer
$821K
52
6.8 yrs
Lynne McGhee
VP & General Counsel
$787K
54
4.5 yrs
Paul Townsley
VP of Corporate Development & Chief Regulatory Matters Officer
$1M
62
0.5 yrs
Rob Kuta
VP of Engineering and Chief Water Quality & Environmental Compliance Officer
$914K
54
0.5 yrs
Dave Healey
VP, Corporate Controller
63
Michael Luu
VP of Customer Service & Chief Information Officer
39
2.5 yrs
Shannon Dean
Vice President of Corporate Communications & Community Affairs
51
4.5 yrs
Ron Webb
Vice President of Human Resources
62
4.9 yrs
Elissa Ouyang
Chief Procurement & Lead Continuous Improvement Officer
50
3.3 yrs
Board of Directors Tenure
Average tenure and age of the California Water Service Group board of directors in years:
- The tenure for the California Water Service Group board of directors is about average.
Board of Directors
Pete Nelson
Non-Executive Chairman
$266K
71
7.5 yrs
Marty Kropelnicki
President
$6M
52
5.8 yrs
Rick Magnuson
Lead Independent Director
$212K
63
6.2 yrs
Thomas Krummel
Independent Director
$184K
67
9 yrs
Lester Snow
Independent Director
$167K
67
8.3 yrs
Greg Aliff
Independent Director
$185K
66
3.8 yrs
Carol Pottenger
Independent Director
$156K
64
1.8 yrs
Terry Bayer
Independent Director
$168K
68
5.3 yrs
Shelly Esque
Director
$93K
58
1.1 yrs
Who owns this company?
Recent Insider Trading
- California Water Service Group individual insiders have only sold shares in the past 3 months.
Recent Insider Transactions
| Announced | Type | Name | Entity | Role | Start | End | Shares | Max Price ($) | Value ($) | |
|---|---|---|---|---|---|---|---|---|---|---|
| 06. Jun 19 | Sell | David Healey | Individual | 05. Jun 19 | 05. Jun 19 | -1,000 | $50.00 | $-50,000 | ||
| 31. May 19 | Sell | Peter Nelson | Individual | 30. May 19 | 30. May 19 | -10,000 | $49.17 | $-491,028 | ||
| 30. May 19 | Sell | Michael Luu | Individual | 29. May 19 | 29. May 19 | -1,000 | $49.23 | $-49,230 | ||
| 14. Mar 19 | Sell | Elissa Ouyang | Individual | 13. Mar 19 | 13. Mar 19 | -1,000 | $54.03 | $-54,034 | ||
| 13. Mar 19 | Sell | Lester Snow | Individual | 11. Mar 19 | 11. Mar 19 | -1,000 | $53.69 | $-53,691 | ||
| 13. Feb 19 | Sell | Peter Nelson | Individual | 01. Aug 18 | 01. Aug 18 | -199 | $40.20 | $-7,992 | ||
| 20. Nov 18 | Sell | David Healey | Individual | 19. Nov 18 | 19. Nov 18 | -1,000 | $45.18 | $-45,177 | ||
| 14. Sep 18 | Sell | David Healey | Individual | 13. Sep 18 | 13. Sep 18 | -1,000 | $41.76 | $-41,756 | ||
Management checks
We assess California Water Service Group's management by checking for:- Is the CEO's compensation unreasonable compared to market cap? (1 check)
- Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
- Is the average tenure of the management team less than 2 years? (1 check)
- Is the average tenure of the board of directors team less than 3 years? (1 check) California Water Service Group has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.
Note: We use the top 6 management executives and board members in our calculations.
Note 2: Insider trading include any internal stakeholders and these transactions .
Full details on the Management part of the Simply Wall St company analysis model.
News
Simply Wall St News
What Type Of Shareholder Owns California Water Service Group's (NYSE:CWT)?
View our latest analysis for California Water Service Group NYSE:CWT Ownership Summary, July 8th 2019 What Does The Institutional Ownership Tell Us About California Water Service Group? … We can see that California Water Service Group does have institutional investors; and they hold 76% of the stock. … Insider Ownership Of California Water Service Group The definition of company insiders can be subjective, and does vary between jurisdictions.
Simply Wall St - – Full articleHere's How We Evaluate California Water Service Group's (NYSE:CWT) Dividend
For the purpose of this article, we only scrutinise the last decade of California Water Service Group's dividend payments. … Conclusion To summarise, shareholders should always check that California Water Service Group's dividends are affordable, that its dividend payments are relatively stable, and that it has decent prospects for growing its earnings and dividend. … Ultimately, California Water Service Group comes up short on our dividend analysis.
Simply Wall St - – Full articleHow Much is California Water Service Group's (NYSE:CWT) CEO Getting Paid?
Marty Kropelnicki became the CEO of California Water Service Group (NYSE:CWT) in 2013. … Our data indicates that California Water Service Group is worth US$2.4b, and total annual CEO compensation is US$5.9m. … NYSE:CWT CEO Compensation, June 6th 2019 Is California Water Service Group Growing?
Simply Wall St - – Full articleIs California Water Service Group (NYSE:CWT) Undervalued After Accounting For Its Future Growth?
California Water Service Group (NYSE:CWT) is considered a high-growth stock, but its last closing price of $50.69 left some investors wondering if this high future earnings potential can be rationalized by its current price tag. … Check out our latest analysis for California Water Service Group What can we expect from California Water Service Group in the future? … As Warren Buffett’s right-hand man Charlie Munger said, “No matter how wonderful a business is, it’s not worth an infinite price.” California Water Service Group is available at price-to-earnings ratio of 41.51x, showing us it is overvalued compared to the US market average ratio of 17.45x , and overvalued based on current earnings compared to the Water Utilities industry average of 35.15x.
Simply Wall St - – Full articleDid California Water Service Group (NYSE:CWT) Insiders Sell Shares?
So we'll take a look at whether insiders have been buying or selling shares in California Water Service Group (NYSE:CWT). … View our latest analysis for California Water Service Group California Water Service Group Insider Transactions Over The Last Year In the last twelve months, the biggest single sale by an insider was when the Chief Procurement & Lead Continuous Improvement Officer, Elissa Ouyang, sold US$54k worth of shares at a price of US$54.03 per share. … California Water Service Group Insiders Are Selling The Stock Over the last three months, we've seen significant insider selling at California Water Service Group.
Simply Wall St - – Full articleIs California Water Service Group's (NYSE:CWT) 8.2% ROE Better Than Average?
Our data shows California Water Service Group has a return on equity of 8.2% for the last year. … That means that for every $1 worth of shareholders' equity, it generated $0.082 in profit. … Return on Equity = Net Profit ÷ Shareholders' Equity
Simply Wall St - – Full articleWhat Does California Water Service Group's (NYSE:CWT) Balance Sheet Tell Us About It?
However, an important fact which most ignore is: how financially healthy is the business? … Evaluating financial health as part of your investment thesis is. … We'll look at some basic checks that can form a snapshot the company’s financial strength.
Simply Wall St - – Full articleCalifornia Water Service Group (NYSE:CWT): Is It A Smart Long Term Opportunity?
Looking at California Water Service Group's (NYSE:CWT) earnings update in December 2018,. … the consensus outlook from analysts appear somewhat bearish, … the higher past 5-year average growth rate of 6.2%
Simply Wall St - – Full articleIs California Water Service Group's (NYSE:CWT) High P/E Ratio A Problem For Investors?
We'll show how you can use California Water Service Group's (NYSE:CWT) P/E ratio to inform your assessment of the investment opportunity. … California Water Service Group has a price to earnings ratio of 39.78, based on the last twelve months. … Price to Earnings Ratio = Share Price ÷ Earnings per Share (EPS)
Simply Wall St - – Full articleDoes California Water Service Group's (NYSE:CWT) Debt Level Pose A Problem?
Stocks with market capitalization between $2B and $10B, such as California Water Service Group (NYSE:CWT) with a size of US$2.5b, do not attract as much attention from the investing community as do the small-caps and large-caps. … Today we will look at CWT’s financial liquidity and debt levels, which are strong indicators for whether the company can weather economic downturns or fund strategic acquisitions for future growth. … Check out our latest analysis for California Water Service Group
Simply Wall St - – Full articleCompany Info
Description
California Water Service Group, through its subsidiaries, provides water utility and other related services in California, Washington, New Mexico, and Hawaii. It is involved in the production, purchase, storage, treatment, testing, distribution, and sale of water for domestic, industrial, public, and irrigation uses, as well as for fire protection. The company offers its services to approximately 486,900 customer connections in 100 California communities; approximately 4,800 water and wastewater customer connections on the islands of Maui and Hawaii; approximately 17,600 customer connections in the Tacoma and Olympia areas in Washington; and approximately 8,200 water and wastewater customer connections in the Belen, Los Lunas, Indian Hills, and Elephant Butte areas in New Mexico. It also engages in the provision of non-regulated water-related services, including operating municipally owned water systems, privately owned water, and recycled water distribution systems; providing water system operation, meter reading, and billing services to private companies and municipalities; leasing communication antenna sites on its properties to telecommunication companies; billing optional third-party insurance programs to its residential customers; and providing lab services. California Water Service Group was founded in 1926 and is headquartered in San Jose, California.
Details
| Name: | California Water Service Group |
| CWT | |
| Exchange: | NYSE |
| Founded: | 1926 |
| $2,475,518,762 | |
| 48,133,750 | |
| Website: | http://www.calwatergroup.com |
| Address: |
California Water Service Group 1720 North First Street, San Jose, California, 95112, United States |
Listings
| Exchange Symbol | Ticker Symbol | Security | Exchange | Country | Currency | Listed on | |
|---|---|---|---|---|---|---|---|
| NYSE | CWT | Common Stock | New York Stock Exchange | US | USD | 02. Jan 1969 |
Number of employees
Current staff
Industry
| Water Utilities | |
| Utilities |
Company Analysis and Financial Data Status
| Area | Date (UTC time) |
|---|---|
| Company Analysis updated: | 2019/07/16 23:33 |
| End of day share price update: | 2019/07/16 00:00 |
| Last estimates confirmation: | 2019/07/12 |
| Last earnings filing: | 2019/04/25 |
| Last earnings reported: | 2019/03/31 |
| Last annual earnings reported: | 2018/12/31 |
All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.
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.
