Consolidated Water Co. Ltd. (CWCO) vs The York Water Company (YORW)

Consolidated Water Co. Ltd. and The York Water Company are both Utilities Regulated Water companies. The York Water Company is the larger, with a market value of $499.0M against $446.9M — 1.1× the size. The York Water Company trades at the lower P/E: 19.2× against 27.0×. The York Water Company grew revenue faster over the last twelve months: 9.43% against −1.16%. The York Water Company has the higher net margin (28.5% vs 12.6%) and the lower return on invested capital (3.94% vs 9.94%). Both pay a dividend; The York Water Company yields more (2.27% vs 1.20%). Across the 22 metrics below, Consolidated Water Co. Ltd. leads on 12 and The York Water Company on 10.

Valuation

Metric CWCO YORW Utilities Regulated Water median
P/E 27.03 19.24 20.64
P/S 3.49 5.90 4.37
P/B 1.93 1.67 1.91
Price to free cash flow 14.68 n/m —
EV/EBITDA 13.37 15.14 14.48
EV/Sales 2.45 8.17 6.20
Earnings yield 3.70% 5.20% 4.83%
Free cash flow yield 6.81% (2.87%) (4.54%)

Profitability

Metric CWCO YORW Utilities Regulated Water median
Gross margin 35.36% 100.00% 71.91%
Operating margin 12.26% 36.56% 29.22%
Net margin 12.64% 28.53% 20.19%
Free cash flow margin 23.80% (16.96%) (19.49%)
Return on equity 7.12% 9.00% 9.00%
Return on assets 6.20% 3.51% 3.21%
Return on invested capital 9.94% 3.94% 4.08%

Growth

Metric CWCO YORW Utilities Regulated Water median
Revenue growth (TTM) (1.16%) 9.43% 6.92%
EPS growth (last fiscal year) (35.59%) (2.11%) —
Revenue growth, 5-year CAGR 12.70% 7.55% 7.24%
Net income growth, 5-year CAGR 37.70% 3.86% 9.40%

Health

Metric CWCO YORW Utilities Regulated Water median
Debt to equity 0.00 0.64 0.93
Current ratio 5.95 1.05 1.01
Net debt to EBITDA (4.76) 5.54 4.42

Dividend

Metric CWCO YORW Utilities Regulated Water median
Dividend yield 1.20% 2.27% 2.27%
Payout ratio 0.36 0.55 0.55

Size

Metric CWCO YORW Utilities Regulated Water median
Market cap 446.92m 498.95m 997.03m

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