MSEX
Middlesex Water Co
Price:  
51.25 
USD
Volume:  
72,671.00
United States | Water Utilities
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MSEX Fair Value

-80.12 %
Upside

As of 2024-06-16, the Fair Value of Middlesex Water Co (MSEX) is 10.19 USD. This value is based on the Peter Lynch's Fair Value formula. With the current market price of 51.25 USD, the upside of Middlesex Water Co is -80.12%.

51.25 USD
Stock Price
10.19 USD
Fair Price
FAIR VALUE CALCULATION

MSEX Fair Value

Peter Lynch's formula is:

MSEX Fair Value
= Earnings Growth Rate x TTM EPS
MSEX Fair Value
= 5.00 x 2.04
MSEX Fair Value
= 10.19

The earnings growth rate we use in the formula is the average growth rate of net income/earnings over the last 5 years. If the average growth rate is smaller than 5%, we set it to 5%. If it is larger than 25%, we set it to 25%. If the TTM EPS is negative, Peter Lynch Fair Value's result can be unreliable.

Historical Earnings
2019-12-31 2020-12-31 2021-12-31 2022-12-31 2023-12-31 5Y Avg
Net income 33.90 38.40 36.50 42.40 31.52 36.54
YoY growth 4.31% 13.27% -4.95% 16.16% -25.65% 0.63%

MSEX Fair Value - Key Data

Market Cap (mil) 913.79
P/E 25.15x
Forward P/E 27.10x
EPS 2.04
Avg earnings growth rate 0.63%
TTM earnings 36.34