Chesapeake Utilities Corporation (CPK) vs MDU Resources Group, Inc. (MDU)

Chesapeake Utilities Corporation and MDU Resources Group, Inc. are both Utilities Regulated Gas companies. MDU Resources Group, Inc. is the larger, with a market value of $3.9B against $3.1B — 1.3× the size. MDU Resources Group, Inc. trades at the lower P/E: 19.7× against 20.4×. Chesapeake Utilities Corporation grew revenue faster over the last twelve months: 14.6% against −1.13%. Chesapeake Utilities Corporation has the higher net margin (15.1% vs 10.8%) and the higher return on invested capital (5.04% vs 3.56%). Both pay a dividend; MDU Resources Group, Inc. yields more (2.53% vs 2.25%). Across the 22 metrics below, Chesapeake Utilities Corporation leads on 13 and MDU Resources Group, Inc. on 9.

Valuation

Metric CPK MDU Utilities Regulated Gas median
P/E 20.44 19.75 15.65
P/S 3.12 2.15 2.04
P/B 1.85 1.34 1.50
Price to free cash flow n/m n/m —
EV/EBITDA 12.62 12.30 11.49
EV/Sales 4.82 3.53 3.54
Earnings yield 4.89% 5.06% 6.39%
Free cash flow yield (5.81%) (9.82%) (5.71%)

Profitability

Metric CPK MDU Utilities Regulated Gas median
Gross margin 67.41% 58.68% 63.14%
Operating margin 27.29% 16.98% 21.47%
Net margin 15.12% 10.75% 13.00%
Free cash flow margin (18.13%) (21.10%) (13.27%)
Return on equity 9.47% 6.95% 9.47%
Return on assets 3.80% 2.68% 3.80%
Return on invested capital 5.04% 3.56% 4.29%

Growth

Metric CPK MDU Utilities Regulated Gas median
Revenue growth (TTM) 14.63% (1.13%) 6.36%
EPS growth (last fiscal year) 13.50% (32.12%) —
Revenue growth, 5-year CAGR 13.76% (19.46%) 6.36%
Net income growth, 5-year CAGR 14.43% (13.37%) 8.10%

Health

Metric CPK MDU Utilities Regulated Gas median
Debt to equity 1.01 0.88 1.22
Current ratio 0.32 0.99 0.78
Net debt to EBITDA 4.45 5.31 4.68

Dividend

Metric CPK MDU Utilities Regulated Gas median
Dividend yield 2.25% 2.53% 4.31%
Payout ratio 0.44 0.36 0.62

Size

Metric CPK MDU Utilities Regulated Gas median
Market cap 3.09b 3.92b 4.52b

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