Regulated Water
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CDZI vs CWCO vs MSEX vs YORW vs AWR
Revenue, margins, valuation, and 5-year total return — side by side.
Regulated Water
Regulated Water
Regulated Water
Regulated Water
CDZI vs CWCO vs MSEX vs YORW vs AWR — Key Financials
Market cap, revenue, margins, and valuation side-by-side.
| Company Snapshot | |||||
|---|---|---|---|---|---|
| Industry | Regulated Water | Regulated Water | Regulated Water | Regulated Water | Regulated Water |
| Market Cap | $361M | $529M | $955M | $421M | $3.01B |
| Revenue (TTM) | $16M | $132M | $199M | $-18M | $679M |
| Net Income (TTM) | $-33M | $18M | $44M | $21M | $134M |
| Gross Margin | 32.5% | 36.6% | 33.3% | 54.8% | 44.6% |
| Operating Margin | -155.4% | 139015.1% | 28.1% | 35.8% | 30.8% |
| Forward P/E | — | 31.6x | 20.1x | 18.0x | 20.7x |
| Total Debt | $86M | $708.60B | $419M | $232M | $943M |
| Cash & Equiv. | $17M | $123.79T | $3M | $1K | $19M |
CDZI vs CWCO vs MSEX vs YORW vs AWR — Long-Term Stock Performance
Price return indexed to 100 at period start. Dividends excluded.
| Stock | May 20 | May 26 | Return |
|---|---|---|---|
| Cadiz Inc. (CDZI) | 100 | 43.3 | -56.7% |
| Consolidated Water … (CWCO) | 100 | 223.7 | +123.7% |
| Middlesex Water Com… (MSEX) | 100 | 75.8 | -24.2% |
| The York Water Comp… (YORW) | 100 | 65.7 | -34.3% |
| American States Wat… (AWR) | 100 | 93.7 | -6.3% |
Price return only. Dividends and distributions are not included.
Quick Verdict: CDZI vs CWCO vs MSEX vs YORW vs AWR
Each card shows where this stock fits in a portfolio — not just who wins on paper.
CDZI is the #2 pick in this set and the best alternative if growth exposure is your priority.
- Rev growth 382.6%, EPS growth 5.4%, 3Y rev CAGR 157.3%
- 382.6% revenue growth vs CWCO's -1.4%
- +60.7% vs MSEX's -12.8%
CWCO ranks third and is worth considering specifically for long-term compounding and sleep-well-at-night.
- 155.1% 10Y total return vs AWR's 123.2%
- Lower volatility, beta 0.76, Low D/E 0.3%, current ratio 6.12x
- Beta 0.76, yield 100.0%, current ratio 6.12x
- 100.0% yield, 3-year raise streak, vs YORW's 3.0%
Among these 5 stocks, MSEX doesn't own a clear edge in any measured category.
YORW carries the broadest edge in this set and is the clearest fit for income & stability.
- Dividend streak 31 yrs, beta 0.08, yield 3.0%
- Lower P/E (18.0x vs 20.1x), PEG 9.89 vs 12.58
- 25.9% margin vs CDZI's -206.6%
- Beta 0.08 vs CDZI's 1.53, lower leverage
AWR is the clearest fit if your priority is valuation efficiency.
- PEG 2.70 vs MSEX's 12.58
- 6.7% ROA vs CDZI's -25.8%, ROIC 8.0% vs -17.5%
See the full category breakdown
| Category | Winner | Why |
|---|---|---|
| Growth | 382.6% revenue growth vs CWCO's -1.4% | |
| Value | Lower P/E (18.0x vs 20.1x), PEG 9.89 vs 12.58 | |
| Quality / Margins | 25.9% margin vs CDZI's -206.6% | |
| Stability / Safety | Beta 0.08 vs CDZI's 1.53, lower leverage | |
| Dividends | 100.0% yield, 3-year raise streak, vs YORW's 3.0% | |
| Momentum (1Y) | +60.7% vs MSEX's -12.8% | |
| Efficiency (ROA) | 6.7% ROA vs CDZI's -25.8%, ROIC 8.0% vs -17.5% |
CDZI vs CWCO vs MSEX vs YORW vs AWR — Revenue Breakdown by Segment
How each company's revenue is distributed across its business units
CDZI vs CWCO vs MSEX vs YORW vs AWR — Financial Metrics
Side-by-side numbers across 5 stocks — who leads on profitability, valuation, growth, and risk.
Who Leads Where
CWCO leads in 2 of 6 categories
YORW leads 1 • AWR leads 1 • CDZI leads 0 • MSEX leads 0 • 2 tied
Explore the data ↓Income & Cash Flow (Last 12 Months)
YORW leads this category, winning 3 of 6 comparable metrics.
Income & Cash Flow (Last 12 Months)
AWR and YORW operate at a comparable scale, with $679M and -$18M in trailing revenue. YORW is the more profitable business, keeping 25.9% of every revenue dollar as net income compared to CDZI's -2.1%. On growth, CDZI holds the edge at +28.7% YoY revenue growth, suggesting stronger near-term business momentum.
| Metric | |||||
|---|---|---|---|---|---|
| RevenueTrailing 12 months | $16M | $132M | $199M | -$18M | $679M |
| EBITDAEarnings before interest/tax | -$23M | $25.98T | $81M | $42M | $259M |
| Net IncomeAfter-tax profit | -$33M | $18M | $44M | $21M | $134M |
| Free Cash FlowCash after capex | -$30M | $33.67T | -$19M | -$30M | -$34M |
| Gross MarginGross profit ÷ Revenue | +32.5% | +36.6% | +33.3% | +54.8% | +44.6% |
| Operating MarginEBIT ÷ Revenue | -155.4% | +139015.1% | +28.1% | +35.8% | +30.8% |
| Net MarginNet income ÷ Revenue | -2.1% | +13.9% | +22.1% | +25.9% | +19.7% |
| FCF MarginFCF ÷ Revenue | -188.6% | +254916.5% | -9.7% | -24.3% | -5.0% |
| Rev. Growth (YoY)Latest quarter vs prior year | +28.7% | +4.4% | +10.0% | -100.0% | +14.3% |
| EPS Growth (YoY)Latest quarter vs prior year | +16.7% | -11.5% | -100.0% | +32.0% | +8.6% |
Valuation Metrics
CWCO leads this category, winning 3 of 6 comparable metrics.
Valuation Metrics
At 21.0x trailing earnings, YORW trades at a 8% valuation discount to AWR's 22.8x P/E. Adjusting for growth (PEG ratio), AWR offers better value at 2.98x vs MSEX's 13.62x — a lower PEG means you pay less per unit of expected earnings growth.
| Metric | |||||
|---|---|---|---|---|---|
| Market CapShares × price | $361M | $529M | $955M | $421M | $3.0B |
| Enterprise ValueMkt cap + debt − cash | $430M | -$123.08T | $1.4B | $653M | $3.9B |
| Trailing P/EPrice ÷ TTM EPS | -9.04x | — | 21.78x | 20.99x | 22.80x |
| Forward P/EPrice ÷ next-FY EPS est. | — | 31.60x | 20.12x | 18.01x | 20.71x |
| PEG RatioP/E ÷ EPS growth rate | — | — | 13.62x | 11.52x | 2.98x |
| EV / EBITDAEnterprise value multiple | — | -4.74x | 15.79x | 15.56x | 15.61x |
| Price / SalesMarket cap ÷ Revenue | 37.57x | 4.01x | 4.91x | 5.43x | 4.58x |
| Price / BookPrice ÷ Book value/share | 9.71x | 0.00x | 1.89x | 1.75x | 2.84x |
| Price / FCFMarket cap ÷ FCF | — | 0.00x | — | — | — |
Profitability & Efficiency
Evenly matched — CWCO and AWR each lead in 4 of 9 comparable metrics.
Profitability & Efficiency
AWR delivers a 13.1% return on equity — every $100 of shareholder capital generates $13 in annual profit, vs $-119 for CDZI. CWCO carries lower financial leverage with a 0.00x debt-to-equity ratio, signaling a more conservative balance sheet compared to CDZI's 2.53x. On the Piotroski fundamental quality scale (0–9), AWR scores 6/9 vs YORW's 3/9, reflecting solid financial health.
| Metric | |||||
|---|---|---|---|---|---|
| ROE (TTM)Return on equity | -119.0% | 0.0% | +9.1% | +8.9% | +13.1% |
| ROA (TTM)Return on assets | -25.8% | 0.0% | +3.2% | +3.2% | +6.7% |
| ROICReturn on invested capital | -17.5% | +26.6% | +4.7% | +4.6% | +8.0% |
| ROCEReturn on capital employed | -21.0% | +16.0% | +4.4% | +4.4% | +8.5% |
| Piotroski ScoreFundamental quality 0–9 | 5 | 5 | 4 | 3 | 6 |
| Debt / EquityFinancial leverage | 2.53x | 0.00x | 0.85x | 0.97x | 0.90x |
| Net DebtTotal debt minus cash | $69M | -$123.08T | $416M | $232M | $924M |
| Cash & Equiv.Liquid assets | $17M | $123.79T | $3M | $1,000 | $19M |
| Total DebtShort + long-term debt | $86M | $708.6B | $419M | $232M | $943M |
| Interest CoverageEBIT ÷ Interest expense | -2.90x | — | 4.33x | 1.92x | 4.35x |
Total Returns (Dividends Reinvested)
CWCO leads this category, winning 4 of 6 comparable metrics.
Total Returns (Dividends Reinvested)
A $10,000 investment in CWCO five years ago would be worth $29,742 today (with dividends reinvested), compared to $3,962 for CDZI. Over the past 12 months, CDZI leads with a +60.7% total return vs MSEX's -12.8%. The 3-year compound annual growth rate (CAGR) favors CWCO at 26.3% vs YORW's -9.5% — a key indicator of consistent wealth creation.
| Metric | |||||
|---|---|---|---|---|---|
| YTD ReturnYear-to-date | -17.4% | -3.9% | +3.0% | -7.3% | +7.0% |
| 1-Year ReturnPast 12 months | +60.7% | +47.9% | -12.8% | -9.4% | -1.0% |
| 3-Year ReturnCumulative with dividends | +2.6% | +101.4% | -25.2% | -25.9% | -9.0% |
| 5-Year ReturnCumulative with dividends | -60.4% | +197.4% | -28.4% | -32.0% | +7.3% |
| 10-Year ReturnCumulative with dividends | -27.0% | +155.1% | +62.9% | +25.0% | +123.2% |
| CAGR (3Y)Annualised 3-year return | +0.8% | +26.3% | -9.2% | -9.5% | -3.1% |
Risk & Volatility
AWR leads this category, winning 2 of 2 comparable metrics.
Risk & Volatility
AWR is the less volatile stock with a -0.17 beta — it tends to amplify market swings less than CDZI's 1.53 beta. A beta below 1.0 means the stock typically moves less than the S&P 500. AWR currently trades 92.6% from its 52-week high vs CDZI's 68.8% drawdown — a narrower gap to the peak suggests stronger recent price momentum.
| Metric | |||||
|---|---|---|---|---|---|
| Beta (5Y)Sensitivity to S&P 500 | 1.53x | 0.76x | -0.12x | 0.08x | -0.17x |
| 52-Week HighHighest price in past year | $6.96 | $39.12 | $62.18 | $35.10 | $82.94 |
| 52-Week LowLowest price in past year | $2.58 | $22.69 | $44.17 | $28.26 | $69.45 |
| % of 52W HighCurrent price vs 52-week peak | +68.8% | +84.8% | +82.7% | +83.1% | +92.6% |
| RSI (14)Momentum oscillator 0–100 | 50.1 | 47.9 | 44.1 | 34.8 | 46.4 |
| Avg Volume (50D)Average daily shares traded | 638K | 163K | 160K | 174K | 298K |
Analyst Outlook
Evenly matched — CWCO and YORW each lead in 1 of 2 comparable metrics.
Analyst Outlook
Analyst consensus: CDZI as "Buy", CWCO as "Buy", MSEX as "Buy", YORW as "Hold", AWR as "Hold". Consensus price targets imply 108.8% upside for CDZI (target: $10) vs 4.1% for MSEX (target: $54). For income investors, CWCO offers the higher dividend yield at 100.00% vs CDZI's 1.55%.
| Metric | |||||
|---|---|---|---|---|---|
| Analyst RatingConsensus buy/hold/sell | Buy | Buy | Buy | Hold | Hold |
| Price TargetConsensus 12-month target | $10.00 | — | $53.50 | — | $89.50 |
| # AnalystsCovering analysts | 2 | 6 | 4 | 4 | 10 |
| Dividend YieldAnnual dividend ÷ price | +1.5% | +100.0% | +2.7% | +3.0% | +2.5% |
| Dividend StreakConsecutive years of raises | 0 | 3 | 21 | 31 | 24 |
| Dividend / ShareAnnual DPS | $0.07 | $497756.41 | $1.37 | $0.88 | $1.93 |
| Buyback YieldShare repurchases ÷ mkt cap | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
CWCO leads in 2 of 6 categories (Valuation Metrics, Total Returns). YORW leads in 1 (Income & Cash Flow). 2 tied.
CDZI vs CWCO vs MSEX vs YORW vs AWR: Key Questions Answered
10 questions · data-driven answers · updated daily
01Is CDZI or CWCO or MSEX or YORW or AWR a better buy right now?
For growth investors, Cadiz Inc.
(CDZI) is the stronger pick with 382. 6% revenue growth year-over-year, versus -1. 4% for Consolidated Water Co. Ltd. (CWCO). The York Water Company (YORW) offers the better valuation at 21. 0x trailing P/E (18. 0x forward), making it the more compelling value choice. Analysts rate Cadiz Inc. (CDZI) a "Buy" — based on 2 analyst ratings — the highest consensus in this comparison. The "better buy" depends entirely on your goals: growth investors should weight revenue trajectory, value investors should weight P/E and PEG, and income investors should weight dividend yield and streak.
02Which has the better valuation — CDZI or CWCO or MSEX or YORW or AWR?
On trailing P/E, The York Water Company (YORW) is the cheapest at 21.
0x versus American States Water Company at 22. 8x. On forward P/E, The York Water Company is actually cheaper at 18. 0x. The PEG ratio (P/E divided by earnings growth rate) is the most growth-adjusted single valuation metric: American States Water Company wins at 2. 70x versus Middlesex Water Company's 12. 58x.
03Which is the better long-term investment — CDZI or CWCO or MSEX or YORW or AWR?
Over the past 5 years, Consolidated Water Co.
Ltd. (CWCO) delivered a total return of +197. 4%, compared to -60. 4% for Cadiz Inc. (CDZI). Over 10 years, the gap is even starker: CWCO returned +155. 1% versus CDZI's -27. 0%. Past returns do not guarantee future results, and the stock with the higher historical return may already have its best growth priced in.
04Which is safer — CDZI or CWCO or MSEX or YORW or AWR?
By beta (market sensitivity over 5 years), American States Water Company (AWR) is the lower-risk stock at -0.
17β versus Cadiz Inc. 's 1. 53β — meaning CDZI is approximately -989% more volatile than AWR relative to the S&P 500. On balance sheet safety, Consolidated Water Co. Ltd. (CWCO) carries a lower debt/equity ratio of 0% versus 3% for Cadiz Inc. — giving it more financial flexibility in a downturn.
05Which is growing faster — CDZI or CWCO or MSEX or YORW or AWR?
By revenue growth (latest reported year), Cadiz Inc.
(CDZI) is pulling ahead at 382. 6% versus -1. 4% for Consolidated Water Co. Ltd. (CWCO). On earnings-per-share growth, the picture is similar: American States Water Company grew EPS 6. 3% year-over-year, compared to -100. 0% for Consolidated Water Co. Ltd.. Over a 3-year CAGR, CDZI leads at 157. 3% annualised revenue growth. Higher growth typically commands a higher valuation multiple — check whether the premium P/E or P/S is justified by the growth rate using the PEG ratio.
06Which has better profit margins — CDZI or CWCO or MSEX or YORW or AWR?
The York Water Company (YORW) is the more profitable company, earning 25.
9% net margin versus -324. 1% for Cadiz Inc. — meaning it keeps 25. 9% of every revenue dollar as bottom-line profit. Operating margin tells a similar story: CWCO leads at 139015% versus -242. 0% for CDZI. At the gross margin level — before operating expenses — YORW leads at 54. 8%, reflecting greater pricing power or product mix advantage. Stronger margins indicate durable pricing power, lower cost of revenue, or higher mix of software/services. They are one of the clearest signs of business quality.
07Is CDZI or CWCO or MSEX or YORW or AWR more undervalued right now?
The PEG ratio (forward P/E divided by expected earnings growth rate) is the most precise measure of undervaluation relative to growth potential.
By this metric, American States Water Company (AWR) is the more undervalued stock at a PEG of 2. 70x versus Middlesex Water Company's 12. 58x. Both stocks trade at elevated growth-adjusted valuations, so expected growth needs to materialise. On forward earnings alone, The York Water Company (YORW) trades at 18. 0x forward P/E versus 31. 6x for Consolidated Water Co. Ltd. — 13. 6x cheaper on a one-year earnings basis. Analyst consensus price targets imply the most upside for CDZI: 108. 8% to $10. 00.
08Which pays a better dividend — CDZI or CWCO or MSEX or YORW or AWR?
All stocks in this comparison pay dividends.
Consolidated Water Co. Ltd. (CWCO) offers the highest yield at 100. 0%, versus 1. 5% for Cadiz Inc. (CDZI).
09Is CDZI or CWCO or MSEX or YORW or AWR better for a retirement portfolio?
For long-horizon retirement investors, American States Water Company (AWR) is the stronger choice — it scores higher on the combination of lower volatility, dividend reliability, and long-term compounding (low volatility (β -0.
17), 2. 5% yield, +123. 2% 10Y return). Cadiz Inc. (CDZI) carries a higher beta of 1. 53 — meaning larger drawdowns in market downturns, which matters significantly when you cannot wait years for a recovery. Both have compounded well over 10 years (AWR: +123. 2%, CDZI: -27. 0%), confirming both are viable long-term holds — but the lower-volatility option typically results in less emotional selling during corrections. Retirement portfolios generally favour predictability over maximum returns. Consult a financial advisor before making allocation decisions.
10What are the main differences between CDZI and CWCO and MSEX and YORW and AWR?
Both stocks operate in the Utilities sector, making this a peer-level intra-sector comparison — the same macro tailwinds and headwinds will affect both.
In terms of investment character: CDZI is a small-cap high-growth stock; CWCO is a small-cap income-oriented stock; MSEX is a small-cap quality compounder stock; YORW is a small-cap income-oriented stock; AWR is a small-cap quality compounder stock. These fundamental differences mean investors should not choose between them on a single metric — the "better stock" depends entirely on which of these characteristics aligns with your investment strategy.
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