Regulated Water
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4 / 10Stock Comparison
YORW vs ARTNA vs MSEX vs GWRS
Revenue, margins, valuation, and 5-year total return — side by side.
Regulated Water
Regulated Water
Regulated Water
YORW vs ARTNA vs MSEX vs GWRS — Key Financials
Market cap, revenue, margins, and valuation side-by-side.
| Company Snapshot | ||||
|---|---|---|---|---|
| Industry | Regulated Water | Regulated Water | Regulated Water | Regulated Water |
| Market Cap | $463M | $328M | $950M | $202M |
| Revenue (TTM) | $-18M | $113M | $199M | $56M |
| Net Income (TTM) | $21M | $23M | $44M | $3M |
| Gross Margin | 54.8% | 43.2% | 33.3% | 92.8% |
| Operating Margin | 35.8% | 28.0% | 28.1% | 12.8% |
| Forward P/E | 17.9x | 15.9x | 20.0x | 51.9x |
| Total Debt | $232M | $183M | $419M | $8M |
| Cash & Equiv. | $1K | $52K | $3M | $4M |
YORW vs ARTNA vs MSEX vs GWRS — Long-Term Stock Performance
Price return indexed to 100 at period start. Dividends excluded.
| Stock | May 20 | May 26 | Return |
|---|---|---|---|
| The York Water Comp… (YORW) | 100 | 65.3 | -34.7% |
| Artesian Resources … (ARTNA) | 100 | 90.9 | -9.1% |
| Middlesex Water Com… (MSEX) | 100 | 75.4 | -24.6% |
| Global Water Resour… (GWRS) | 100 | 65.2 | -34.8% |
Price return only. Dividends and distributions are not included.
Quick Verdict: YORW vs ARTNA vs MSEX vs GWRS
Each card shows where this stock fits in a portfolio — not just who wins on paper.
YORW is the #2 pick in this set and the best alternative if quality and efficiency is your priority.
- 25.9% margin vs GWRS's 5.3%
- 4.2% ROA vs GWRS's 0.6%, ROIC 4.6% vs 4.2%
ARTNA carries the broadest edge in this set and is the clearest fit for income & stability and growth exposure.
- Dividend streak 31 yrs, beta 0.01, yield 3.9%
- Rev growth 4.6%, EPS growth 11.6%, 3Y rev CAGR 4.5%
- Lower volatility, beta 0.01, Low D/E 73.1%, current ratio 0.64x
- Beta 0.01, yield 3.9%, current ratio 0.64x
MSEX is the clearest fit if your priority is long-term compounding.
- 63.6% 10Y total return vs ARTNA's 47.1%
GWRS is the clearest fit if your priority is valuation efficiency.
- PEG 2.96 vs MSEX's 12.52
- 5.8% revenue growth vs MSEX's 1.5%
- 4.3% yield, 4-year raise streak, vs ARTNA's 3.9%
See the full category breakdown
| Category | Winner | Why |
|---|---|---|
| Growth | 5.8% revenue growth vs MSEX's 1.5% | |
| Value | Lower P/E (15.9x vs 20.0x), PEG 3.70 vs 12.52 | |
| Quality / Margins | 25.9% margin vs GWRS's 5.3% | |
| Stability / Safety | Beta 0.01 vs GWRS's 0.71 | |
| Dividends | 4.3% yield, 4-year raise streak, vs ARTNA's 3.9% | |
| Momentum (1Y) | -5.3% vs GWRS's -29.3% | |
| Efficiency (ROA) | 4.2% ROA vs GWRS's 0.6%, ROIC 4.6% vs 4.2% |
YORW vs ARTNA vs MSEX vs GWRS — Revenue Breakdown by Segment
How each company's revenue is distributed across its business units
YORW vs ARTNA vs MSEX vs GWRS — Financial Metrics
Side-by-side numbers across 4 stocks — who leads on profitability, valuation, growth, and risk.
Who Leads Where
ARTNA leads in 2 of 6 categories
YORW leads 1 • MSEX leads 0 • GWRS leads 0 • 3 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)
MSEX and YORW operate at a comparable scale, with $199M and -$18M in trailing revenue. YORW is the more profitable business, keeping 25.9% of every revenue dollar as net income compared to GWRS's 5.3%. On growth, MSEX holds the edge at +10.0% YoY revenue growth, suggesting stronger near-term business momentum.
| Metric | ||||
|---|---|---|---|---|
| RevenueTrailing 12 months | -$18M | $113M | $199M | $56M |
| EBITDAEarnings before interest/tax | $42M | $45M | $81M | $23M |
| Net IncomeAfter-tax profit | $21M | $23M | $44M | $3M |
| Free Cash FlowCash after capex | -$30M | $4M | -$19M | -$55M |
| Gross MarginGross profit ÷ Revenue | +54.8% | +43.2% | +33.3% | +92.8% |
| Operating MarginEBIT ÷ Revenue | +35.8% | +28.0% | +28.1% | +12.8% |
| Net MarginNet income ÷ Revenue | +25.9% | +20.2% | +22.1% | +5.3% |
| FCF MarginFCF ÷ Revenue | -24.3% | +3.3% | -9.7% | -99.1% |
| Rev. Growth (YoY)Latest quarter vs prior year | -100.0% | +4.3% | +10.0% | +2.2% |
| EPS Growth (YoY)Latest quarter vs prior year | +32.0% | +8.1% | -100.0% | -3.0% |
Valuation Metrics
ARTNA leads this category, winning 5 of 6 comparable metrics.
Valuation Metrics
At 14.4x trailing earnings, ARTNA trades at a 77% valuation discount to GWRS's 63.7x P/E. Adjusting for growth (PEG ratio), ARTNA offers better value at 3.35x vs MSEX's 13.55x — a lower PEG means you pay less per unit of expected earnings growth.
| Metric | ||||
|---|---|---|---|---|
| Market CapShares × price | $463M | $328M | $950M | $202M |
| Enterprise ValueMkt cap + debt − cash | $696M | $511M | $1.4B | $205M |
| Trailing P/EPrice ÷ TTM EPS | 20.87x | 14.43x | 21.67x | 63.73x |
| Forward P/EPrice ÷ next-FY EPS est. | 17.91x | 15.95x | 20.02x | 51.93x |
| PEG RatioP/E ÷ EPS growth rate | 11.45x | 3.35x | 13.55x | 3.63x |
| EV / EBITDAEnterprise value multiple | 16.58x | 10.34x | 15.73x | 9.11x |
| Price / SalesMarket cap ÷ Revenue | 5.98x | 2.91x | 4.88x | 3.61x |
| Price / BookPrice ÷ Book value/share | 1.74x | 1.32x | 1.88x | 2.19x |
| Price / FCFMarket cap ÷ FCF | — | — | — | — |
Profitability & Efficiency
ARTNA leads this category, winning 4 of 9 comparable metrics.
Profitability & Efficiency
ARTNA delivers a 9.3% return on equity — every $100 of shareholder capital generates $9 in annual profit, vs $4 for GWRS. GWRS carries lower financial leverage with a 0.09x debt-to-equity ratio, signaling a more conservative balance sheet compared to YORW's 0.97x. On the Piotroski fundamental quality scale (0–9), ARTNA scores 5/9 vs YORW's 3/9, reflecting solid financial health.
| Metric | ||||
|---|---|---|---|---|
| ROE (TTM)Return on equity | +8.9% | +9.3% | +9.1% | +3.6% |
| ROA (TTM)Return on assets | +4.2% | +2.8% | +3.2% | +0.6% |
| ROICReturn on invested capital | +4.6% | +6.3% | +4.7% | +4.2% |
| ROCEReturn on capital employed | +4.4% | +4.5% | +4.4% | +1.7% |
| Piotroski ScoreFundamental quality 0–9 | 3 | 5 | 4 | 4 |
| Debt / EquityFinancial leverage | 0.97x | 0.73x | 0.85x | 0.09x |
| Net DebtTotal debt minus cash | $232M | $183M | $416M | $4M |
| Cash & Equiv.Liquid assets | $1,000 | $52,000 | $3M | $4M |
| Total DebtShort + long-term debt | $232M | $183M | $419M | $8M |
| Interest CoverageEBIT ÷ Interest expense | 1.92x | 4.10x | 4.33x | 1.20x |
Total Returns (Dividends Reinvested)
Evenly matched — ARTNA and MSEX each lead in 3 of 6 comparable metrics.
Total Returns (Dividends Reinvested)
A $10,000 investment in ARTNA five years ago would be worth $9,186 today (with dividends reinvested), compared to $5,156 for GWRS. Over the past 12 months, ARTNA leads with a -5.3% total return vs GWRS's -29.3%. The 3-year compound annual growth rate (CAGR) favors MSEX at -9.4% vs ARTNA's -13.6% — a key indicator of consistent wealth creation.
| Metric | ||||
|---|---|---|---|---|
| YTD ReturnYear-to-date | -7.8% | +2.5% | +2.5% | -15.6% |
| 1-Year ReturnPast 12 months | -14.7% | -5.3% | -14.1% | -29.3% |
| 3-Year ReturnCumulative with dividends | -26.3% | -35.5% | -25.5% | -29.2% |
| 5-Year ReturnCumulative with dividends | -32.1% | -8.1% | -28.1% | -48.4% |
| 10-Year ReturnCumulative with dividends | +24.9% | +47.1% | +63.6% | +40.8% |
| CAGR (3Y)Annualised 3-year return | -9.7% | -13.6% | -9.4% | -10.9% |
Risk & Volatility
Evenly matched — ARTNA and MSEX each lead in 1 of 2 comparable metrics.
Risk & Volatility
MSEX is the less volatile stock with a -0.12 beta — it tends to amplify market swings less than GWRS's 0.71 beta. A beta below 1.0 means the stock typically moves less than the S&P 500. ARTNA currently trades 90.2% from its 52-week high vs GWRS's 62.8% drawdown — a narrower gap to the peak suggests stronger recent price momentum.
| Metric | ||||
|---|---|---|---|---|
| Beta (5Y)Sensitivity to S&P 500 | 0.08x | 0.01x | -0.12x | 0.71x |
| 52-Week HighHighest price in past year | $35.26 | $35.37 | $62.18 | $11.17 |
| 52-Week LowLowest price in past year | $28.26 | $30.50 | $44.17 | $6.96 |
| % of 52W HighCurrent price vs 52-week peak | +82.3% | +90.2% | +82.3% | +62.8% |
| RSI (14)Momentum oscillator 0–100 | 35.8 | 42.5 | 42.9 | 31.4 |
| Avg Volume (50D)Average daily shares traded | 173K | 69K | 159K | 80K |
Analyst Outlook
Evenly matched — YORW and ARTNA and GWRS each lead in 1 of 2 comparable metrics.
Analyst Outlook
Analyst consensus: YORW as "Hold", ARTNA as "Buy", MSEX as "Buy", GWRS as "Buy". Consensus price targets imply 78.3% upside for GWRS (target: $13) vs 4.6% for MSEX (target: $54). For income investors, GWRS offers the higher dividend yield at 4.32% vs MSEX's 2.68%.
| Metric | ||||
|---|---|---|---|---|
| Analyst RatingConsensus buy/hold/sell | Hold | Buy | Buy | Buy |
| Price TargetConsensus 12-month target | — | — | $53.50 | $12.50 |
| # AnalystsCovering analysts | 4 | 4 | 4 | 4 |
| Dividend YieldAnnual dividend ÷ price | +3.0% | +3.9% | +2.7% | +4.3% |
| Dividend StreakConsecutive years of raises | 31 | 31 | 21 | 4 |
| Dividend / ShareAnnual DPS | $0.88 | $1.23 | $1.37 | $0.30 |
| Buyback YieldShare repurchases ÷ mkt cap | 0.0% | 0.0% | 0.0% | 0.0% |
ARTNA leads in 2 of 6 categories (Valuation Metrics, Profitability & Efficiency). YORW leads in 1 (Income & Cash Flow). 3 tied.
YORW vs ARTNA vs MSEX vs GWRS: Key Questions Answered
10 questions · data-driven answers · updated daily
01Is YORW or ARTNA or MSEX or GWRS a better buy right now?
For growth investors, Global Water Resources, Inc.
(GWRS) is the stronger pick with 5. 8% revenue growth year-over-year, versus 1. 5% for Middlesex Water Company (MSEX). Artesian Resources Corporation (ARTNA) offers the better valuation at 14. 4x trailing P/E (15. 9x forward), making it the more compelling value choice. Analysts rate Artesian Resources Corporation (ARTNA) a "Buy" — based on 4 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 — YORW or ARTNA or MSEX or GWRS?
On trailing P/E, Artesian Resources Corporation (ARTNA) is the cheapest at 14.
4x versus Global Water Resources, Inc. at 63. 7x. On forward P/E, Artesian Resources Corporation is actually cheaper at 15. 9x. The PEG ratio (P/E divided by earnings growth rate) is the most growth-adjusted single valuation metric: Global Water Resources, Inc. wins at 2. 96x versus Middlesex Water Company's 12. 52x.
03Which is the better long-term investment — YORW or ARTNA or MSEX or GWRS?
Over the past 5 years, Artesian Resources Corporation (ARTNA) delivered a total return of -8.
1%, compared to -48. 4% for Global Water Resources, Inc. (GWRS). Over 10 years, the gap is even starker: MSEX returned +63. 6% versus YORW's +24. 9%. 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 — YORW or ARTNA or MSEX or GWRS?
By beta (market sensitivity over 5 years), Middlesex Water Company (MSEX) is the lower-risk stock at -0.
12β versus Global Water Resources, Inc. 's 0. 71β — meaning GWRS is approximately -669% more volatile than MSEX relative to the S&P 500. On balance sheet safety, Global Water Resources, Inc. (GWRS) carries a lower debt/equity ratio of 9% versus 97% for The York Water Company — giving it more financial flexibility in a downturn.
05Which is growing faster — YORW or ARTNA or MSEX or GWRS?
By revenue growth (latest reported year), Global Water Resources, Inc.
(GWRS) is pulling ahead at 5. 8% versus 1. 5% for Middlesex Water Company (MSEX). On earnings-per-share growth, the picture is similar: Artesian Resources Corporation grew EPS 11. 6% year-over-year, compared to -54. 2% for Global Water Resources, Inc.. Over a 3-year CAGR, YORW leads at 8. 9% 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 — YORW or ARTNA or MSEX or GWRS?
The York Water Company (YORW) is the more profitable company, earning 25.
9% net margin versus 5. 3% for Global Water Resources, Inc. — meaning it keeps 25. 9% of every revenue dollar as bottom-line profit. Operating margin tells a similar story: YORW leads at 35. 8% versus 12. 8% for GWRS. 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 YORW or ARTNA or MSEX or GWRS 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, Global Water Resources, Inc. (GWRS) is the more undervalued stock at a PEG of 2. 96x versus Middlesex Water Company's 12. 52x. 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. 9x forward P/E versus 51. 9x for Global Water Resources, Inc. — 36. 0x cheaper on a one-year earnings basis. Analyst consensus price targets imply the most upside for GWRS: 78. 3% to $12. 50.
08Which pays a better dividend — YORW or ARTNA or MSEX or GWRS?
All stocks in this comparison pay dividends.
Global Water Resources, Inc. (GWRS) offers the highest yield at 4. 3%, versus 2. 7% for Middlesex Water Company (MSEX).
09Is YORW or ARTNA or MSEX or GWRS better for a retirement portfolio?
For long-horizon retirement investors, Middlesex Water Company (MSEX) is the stronger choice — it scores higher on the combination of lower volatility, dividend reliability, and long-term compounding (low volatility (β -0.
12), 2. 7% yield). Both have compounded well over 10 years (MSEX: +63. 6%, GWRS: +40. 8%), 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 YORW and ARTNA and MSEX and GWRS?
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: YORW is a small-cap income-oriented stock; ARTNA is a small-cap deep-value stock; MSEX is a small-cap quality compounder stock; GWRS is a small-cap income-oriented 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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