Regulated Water
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CWCO vs YORW vs MSEX vs ARTNA vs AWR
Revenue, margins, valuation, and 5-year total return — side by side.
Regulated Water
Regulated Water
Regulated Water
Regulated Water
CWCO vs YORW vs MSEX vs ARTNA 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 | $529M | $421M | $955M | $326M | $3.01B |
| Revenue (TTM) | $132M | $-18M | $199M | $113M | $679M |
| Net Income (TTM) | $18M | $21M | $44M | $23M | $134M |
| Gross Margin | 36.6% | 54.8% | 33.3% | 43.2% | 44.6% |
| Operating Margin | 139015.1% | 35.8% | 28.1% | 28.0% | 30.8% |
| Forward P/E | 31.6x | 18.0x | 20.1x | 15.8x | 20.7x |
| Total Debt | $708.60B | $232M | $419M | $183M | $943M |
| Cash & Equiv. | $123.79T | $1K | $3M | $52K | $19M |
CWCO vs YORW vs MSEX vs ARTNA vs AWR — Long-Term Stock Performance
Price return indexed to 100 at period start. Dividends excluded.
| Stock | May 20 | May 26 | Return |
|---|---|---|---|
| Consolidated Water … (CWCO) | 100 | 223.7 | +123.7% |
| The York Water Comp… (YORW) | 100 | 65.7 | -34.3% |
| Middlesex Water Com… (MSEX) | 100 | 75.8 | -24.2% |
| Artesian Resources … (ARTNA) | 100 | 90.2 | -9.8% |
| American States Wat… (AWR) | 100 | 93.7 | -6.3% |
Price return only. Dividends and distributions are not included.
Quick Verdict: CWCO vs YORW vs MSEX vs ARTNA vs AWR
Each card shows where this stock fits in a portfolio — not just who wins on paper.
CWCO has the current edge in this matchup, primarily because of its strength in long-term compounding.
- 155.1% 10Y total return vs AWR's 123.2%
- 100.0% yield, 3-year raise streak, vs ARTNA's 3.9%
- +47.9% vs MSEX's -12.8%
YORW is the clearest fit if your priority is quality.
- 25.9% margin vs CWCO's 13.9%
Among these 5 stocks, MSEX doesn't own a clear edge in any measured category.
ARTNA is the #2 pick in this set and the best alternative if income & stability and sleep-well-at-night is your priority.
- Dividend streak 31 yrs, beta 0.01, yield 3.9%
- Lower volatility, beta 0.01, Low D/E 73.1%, current ratio 0.64x
- Beta 0.01, yield 3.9%, current ratio 0.64x
- Lower P/E (15.8x vs 20.1x), PEG 3.68 vs 12.58
AWR ranks third and is worth considering specifically for growth exposure and valuation efficiency.
- Rev growth 10.5%, EPS growth 6.3%, 3Y rev CAGR 10.2%
- PEG 2.70 vs MSEX's 12.58
- 10.5% revenue growth vs CWCO's -1.4%
- 6.7% ROA vs CWCO's 0.0%, ROIC 8.0% vs 26.6%
See the full category breakdown
| Category | Winner | Why |
|---|---|---|
| Growth | 10.5% revenue growth vs CWCO's -1.4% | |
| Value | Lower P/E (15.8x vs 20.1x), PEG 3.68 vs 12.58 | |
| Quality / Margins | 25.9% margin vs CWCO's 13.9% | |
| Stability / Safety | Beta 0.01 vs CWCO's 0.76 | |
| Dividends | 100.0% yield, 3-year raise streak, vs ARTNA's 3.9% | |
| Momentum (1Y) | +47.9% vs MSEX's -12.8% | |
| Efficiency (ROA) | 6.7% ROA vs CWCO's 0.0%, ROIC 8.0% vs 26.6% |
CWCO vs YORW vs MSEX vs ARTNA vs AWR — Revenue Breakdown by Segment
How each company's revenue is distributed across its business units
CWCO vs YORW vs MSEX vs ARTNA vs AWR — Financial Metrics
Side-by-side numbers across 5 stocks — who leads on profitability, valuation, growth, and risk.
Who Leads Where
YORW leads in 1 of 6 categories
ARTNA leads 1 • CWCO leads 1 • AWR leads 1 • 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 CWCO's 13.9%. On growth, AWR holds the edge at +14.3% YoY revenue growth, suggesting stronger near-term business momentum.
| Metric | |||||
|---|---|---|---|---|---|
| RevenueTrailing 12 months | $132M | -$18M | $199M | $113M | $679M |
| EBITDAEarnings before interest/tax | $25.98T | $42M | $81M | $45M | $259M |
| Net IncomeAfter-tax profit | $18M | $21M | $44M | $23M | $134M |
| Free Cash FlowCash after capex | $33.67T | -$30M | -$19M | $4M | -$34M |
| Gross MarginGross profit ÷ Revenue | +36.6% | +54.8% | +33.3% | +43.2% | +44.6% |
| Operating MarginEBIT ÷ Revenue | +139015.1% | +35.8% | +28.1% | +28.0% | +30.8% |
| Net MarginNet income ÷ Revenue | +13.9% | +25.9% | +22.1% | +20.2% | +19.7% |
| FCF MarginFCF ÷ Revenue | +254916.5% | -24.3% | -9.7% | +3.3% | -5.0% |
| Rev. Growth (YoY)Latest quarter vs prior year | +4.4% | -100.0% | +10.0% | +4.3% | +14.3% |
| EPS Growth (YoY)Latest quarter vs prior year | -11.5% | +32.0% | -100.0% | +8.1% | +8.6% |
Valuation Metrics
ARTNA leads this category, winning 3 of 6 comparable metrics.
Valuation Metrics
At 14.3x trailing earnings, ARTNA trades at a 37% 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 | $529M | $421M | $955M | $326M | $3.0B |
| Enterprise ValueMkt cap + debt − cash | -$123.08T | $653M | $1.4B | $509M | $3.9B |
| Trailing P/EPrice ÷ TTM EPS | — | 20.99x | 21.78x | 14.33x | 22.80x |
| Forward P/EPrice ÷ next-FY EPS est. | 31.60x | 18.01x | 20.12x | 15.84x | 20.71x |
| PEG RatioP/E ÷ EPS growth rate | — | 11.52x | 13.62x | 3.33x | 2.98x |
| EV / EBITDAEnterprise value multiple | -4.74x | 15.56x | 15.79x | 10.29x | 15.61x |
| Price / SalesMarket cap ÷ Revenue | 4.01x | 5.43x | 4.91x | 2.89x | 4.58x |
| Price / BookPrice ÷ Book value/share | 0.00x | 1.75x | 1.89x | 1.31x | 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 $0 for CWCO. CWCO carries lower financial leverage with a 0.00x debt-to-equity ratio, signaling a more conservative balance sheet compared to YORW's 0.97x. 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 | 0.0% | +8.9% | +9.1% | +9.3% | +13.1% |
| ROA (TTM)Return on assets | 0.0% | +3.2% | +3.2% | +2.8% | +6.7% |
| ROICReturn on invested capital | +26.6% | +4.6% | +4.7% | +6.3% | +8.0% |
| ROCEReturn on capital employed | +16.0% | +4.4% | +4.4% | +4.5% | +8.5% |
| Piotroski ScoreFundamental quality 0–9 | 5 | 3 | 4 | 5 | 6 |
| Debt / EquityFinancial leverage | 0.00x | 0.97x | 0.85x | 0.73x | 0.90x |
| Net DebtTotal debt minus cash | -$123.08T | $232M | $416M | $183M | $924M |
| Cash & Equiv.Liquid assets | $123.79T | $1,000 | $3M | $52,000 | $19M |
| Total DebtShort + long-term debt | $708.6B | $232M | $419M | $183M | $943M |
| Interest CoverageEBIT ÷ Interest expense | — | 1.92x | 4.33x | 4.10x | 4.35x |
Total Returns (Dividends Reinvested)
CWCO leads this category, winning 5 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 $6,799 for YORW. Over the past 12 months, CWCO leads with a +47.9% total return vs MSEX's -12.8%. The 3-year compound annual growth rate (CAGR) favors CWCO at 26.3% vs ARTNA's -13.8% — a key indicator of consistent wealth creation.
| Metric | |||||
|---|---|---|---|---|---|
| YTD ReturnYear-to-date | -3.9% | -7.3% | +3.0% | +1.8% | +7.0% |
| 1-Year ReturnPast 12 months | +47.9% | -9.4% | -12.8% | -3.9% | -1.0% |
| 3-Year ReturnCumulative with dividends | +101.4% | -25.9% | -25.2% | -35.9% | -9.0% |
| 5-Year ReturnCumulative with dividends | +197.4% | -32.0% | -28.4% | -7.8% | +7.3% |
| 10-Year ReturnCumulative with dividends | +155.1% | +25.0% | +62.9% | +48.5% | +123.2% |
| CAGR (3Y)Annualised 3-year return | +26.3% | -9.5% | -9.2% | -13.8% | -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 CWCO's 0.76 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 MSEX's 82.7% drawdown — a narrower gap to the peak suggests stronger recent price momentum.
| Metric | |||||
|---|---|---|---|---|---|
| Beta (5Y)Sensitivity to S&P 500 | 0.76x | 0.08x | -0.12x | 0.01x | -0.17x |
| 52-Week HighHighest price in past year | $39.12 | $35.10 | $62.18 | $35.37 | $82.94 |
| 52-Week LowLowest price in past year | $22.69 | $28.26 | $44.17 | $30.50 | $69.45 |
| % of 52W HighCurrent price vs 52-week peak | +84.8% | +83.1% | +82.7% | +89.6% | +92.6% |
| RSI (14)Momentum oscillator 0–100 | 47.9 | 34.8 | 44.1 | 49.5 | 46.4 |
| Avg Volume (50D)Average daily shares traded | 163K | 174K | 160K | 69K | 298K |
Analyst Outlook
Evenly matched — CWCO and YORW and ARTNA each lead in 1 of 2 comparable metrics.
Analyst Outlook
Analyst consensus: CWCO as "Buy", YORW as "Hold", MSEX as "Buy", ARTNA as "Buy", AWR as "Hold". Consensus price targets imply 16.5% upside for AWR (target: $90) vs 4.1% for MSEX (target: $54). For income investors, CWCO offers the higher dividend yield at 100.00% vs AWR's 2.51%.
| Metric | |||||
|---|---|---|---|---|---|
| Analyst RatingConsensus buy/hold/sell | Buy | Hold | Buy | Buy | Hold |
| Price TargetConsensus 12-month target | — | — | $53.50 | — | $89.50 |
| # AnalystsCovering analysts | 6 | 4 | 4 | 4 | 10 |
| Dividend YieldAnnual dividend ÷ price | +100.0% | +3.0% | +2.7% | +3.9% | +2.5% |
| Dividend StreakConsecutive years of raises | 3 | 31 | 21 | 31 | 24 |
| Dividend / ShareAnnual DPS | $497756.41 | $0.88 | $1.37 | $1.23 | $1.93 |
| Buyback YieldShare repurchases ÷ mkt cap | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
YORW leads in 1 of 6 categories (Income & Cash Flow). ARTNA leads in 1 (Valuation Metrics). 2 tied.
CWCO vs YORW vs MSEX vs ARTNA vs AWR: Key Questions Answered
10 questions · data-driven answers · updated daily
01Is CWCO or YORW or MSEX or ARTNA or AWR a better buy right now?
For growth investors, American States Water Company (AWR) is the stronger pick with 10.
5% revenue growth year-over-year, versus -1. 4% for Consolidated Water Co. Ltd. (CWCO). Artesian Resources Corporation (ARTNA) offers the better valuation at 14. 3x trailing P/E (15. 8x forward), making it the more compelling value choice. Analysts rate Consolidated Water Co. Ltd. (CWCO) a "Buy" — based on 6 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 — CWCO or YORW or MSEX or ARTNA or AWR?
On trailing P/E, Artesian Resources Corporation (ARTNA) is the cheapest at 14.
3x versus American States Water Company at 22. 8x. On forward P/E, Artesian Resources Corporation is actually cheaper at 15. 8x. 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 — CWCO or YORW or MSEX or ARTNA or AWR?
Over the past 5 years, Consolidated Water Co.
Ltd. (CWCO) delivered a total return of +197. 4%, compared to -32. 0% for The York Water Company (YORW). Over 10 years, the gap is even starker: CWCO returned +155. 1% versus YORW's +25. 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 — CWCO or YORW or MSEX or ARTNA or AWR?
By beta (market sensitivity over 5 years), American States Water Company (AWR) is the lower-risk stock at -0.
17β versus Consolidated Water Co. Ltd. 's 0. 76β — meaning CWCO is approximately -542% 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 97% for The York Water Company — giving it more financial flexibility in a downturn.
05Which is growing faster — CWCO or YORW or MSEX or ARTNA or AWR?
By revenue growth (latest reported year), American States Water Company (AWR) is pulling ahead at 10.
5% versus -1. 4% for Consolidated Water Co. Ltd. (CWCO). On earnings-per-share growth, the picture is similar: Artesian Resources Corporation grew EPS 11. 6% year-over-year, compared to -100. 0% for Consolidated Water Co. Ltd.. Over a 3-year CAGR, CWCO leads at 12. 0% 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 — CWCO or YORW or MSEX or ARTNA or AWR?
The York Water Company (YORW) is the more profitable company, earning 25.
9% net margin versus 13. 9% for Consolidated Water Co. Ltd. — meaning it keeps 25. 9% of every revenue dollar as bottom-line profit. Operating margin tells a similar story: CWCO leads at 139015% versus 27. 9% for MSEX. 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 CWCO or YORW or MSEX or ARTNA 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, Artesian Resources Corporation (ARTNA) trades at 15. 8x forward P/E versus 31. 6x for Consolidated Water Co. Ltd. — 15. 8x cheaper on a one-year earnings basis. Analyst consensus price targets imply the most upside for AWR: 16. 5% to $89. 50.
08Which pays a better dividend — CWCO or YORW or MSEX or ARTNA or AWR?
All stocks in this comparison pay dividends.
Consolidated Water Co. Ltd. (CWCO) offers the highest yield at 100. 0%, versus 2. 5% for American States Water Company (AWR).
09Is CWCO or YORW or MSEX or ARTNA 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). Both have compounded well over 10 years (AWR: +123. 2%, CWCO: +155. 1%), 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 CWCO and YORW and MSEX and ARTNA 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: CWCO is a small-cap income-oriented stock; YORW is a small-cap income-oriented stock; MSEX is a small-cap quality compounder stock; ARTNA is a small-cap deep-value 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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