Artesian Resources CorporationARTNA

$32.28+0.02 (+0.06%)
NASDAQUtilities24:00 UTC

Company snapshot

Market Cap
$333M
Small-cap
+18%
2016 — today
10-Year Price
+4%
2016 — today
52-Week Range
$30.50$34.76
Current $32.28· 42%

Established in 1905 and headquartered in Newark, Delaware, Artesian Resources Corporation, through its various subsidiaries, delivers water, wastewater, and a range of associated utility services across Delaware, Maryland, and Pennsylvania. The company supplies water for residential, commercial, industrial, governmental, municipal, and utility consumption, along with supporting public and private fire protection, throughout these three states. In Delaware, it provides comprehensive wastewater collection, treatment facilities, and related services. Beyond its primary utility operations, Artesian offers contract water and wastewater services, protective plans for water, sewer, and internal service lines, and comprehensive wastewater management. Its capabilities also encompass design, construction, and engineering services within the utility sector. Furthermore, it extends support to other water utilities by managing their operations and billing. The corporation holds various real estate assets, such as land for its offices and for water and wastewater treatment facilities, and its portfolio also includes the design, installation, maintenance, and repair of stormwater management systems. By December 31, 2021, Artesian's extensive network, comprising 1,368 miles of transmission and distribution mains, served approximately 91,700 customers in Delaware, 2,500 in Maryland, and 40 in Pennsylvania.

Valuation in context

P/E ratio
14.3
Near historic low
Near historic low — last 10 years
P/B ratio
1.3
Near historic low
Near historic low — last 10 years
EV / EBITDA
9.5
Near historic low
Near historic low — last 10 years
Dividend Yield
3.9%
Near historic high
Near historic highs — last 10 years
PEG ratio
3.1
Below average
Below the 10-year average
FCF Yield
-0.4%
Historically high
Historically high relative to the last 10 years
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