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Middlesex Water Co (Middlesex Water Co) Enterprise Value : $1,287.5 Mil (As of Apr. 27, 2024)


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What is Middlesex Water Co Enterprise Value?

Think of Enterprise Value as the theoretical takeover price. It is more comprehensive than market capitalization (Market Cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Middlesex Water Co's Enterprise Value is $1,287.5 Mil. Middlesex Water Co's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was $43.3 Mil. Therefore, Middlesex Water Co's EV-to-EBIT ratio for today is 29.75.

EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, Middlesex Water Co's Enterprise Value is $1,287.5 Mil. Middlesex Water Co's EBITDA for the trailing twelve months (TTM) ended in Dec. 2023 was $72.7 Mil. Therefore, Middlesex Water Co's EV-to-EBITDA ratio for today is 17.70.

EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, Middlesex Water Co's Enterprise Value is $1,287.5 Mil. Middlesex Water Co's Revenue for the trailing twelve months (TTM) ended in Dec. 2023 was $166.3 Mil. Therefore, Middlesex Water Co's EV-to-Revenue ratio for today is 7.74.


Middlesex Water Co Enterprise Value Historical Data

The historical data trend for Middlesex Water Co's Enterprise Value can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Middlesex Water Co Enterprise Value Chart

Middlesex Water Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Enterprise Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,371.82 1,551.40 2,437.07 1,753.10 1,580.81

Middlesex Water Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Enterprise Value Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1,753.10 1,756.81 1,822.52 1,583.63 1,580.81

Competitive Comparison of Middlesex Water Co's Enterprise Value

For the Utilities - Regulated Water subindustry, Middlesex Water Co's Enterprise Value, along with its competitors' market caps and Enterprise Value data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Middlesex Water Co's Enterprise Value Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Middlesex Water Co's Enterprise Value distribution charts can be found below:

* The bar in red indicates where Middlesex Water Co's Enterprise Value falls into.



Middlesex Water Co Enterprise Value Calculation

Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.

Middlesex Water Co's Enterprise Value for the fiscal year that ended in Dec. 2023 is calculated as

Middlesex Water Co's Enterprise Value for the quarter that ended in Dec. 2023 is calculated as

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Middlesex Water Co  (NAS:MSEX) Enterprise Value Explanation

When an investor buy a company, the investor needs to pay not only the common shares, he/she also needs to pay the shareholders of Preferred Stocks. He also assumes the debt of the company, and receives the cash on the company's balance sheet.

If a company has more cash than debt, the investor actually pays less than the Market Cap because he immediately owns the cash once the transaction goes through.

The market value of Preferred Stock needs to be added to the market value of common stocks in the calculation of Enterprise Value.

For the companies with the same Market Cap, the smaller the Enterprise Value is, the cheaper the company is.

Enterprise Value can be negative when the company's net cash is more than its Market Cap. In this case the investor is basically getting the company for free and get paid for that.

1. EV-to-EBIT is calculated as Enterprise Value divided by its EBIT.

Middlesex Water Co's EV-to-EBIT for today is

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=1287.468/43.276
=29.75

Middlesex Water Co's current Enterprise Value is $1,287.5 Mil.
Middlesex Water Co's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $43.3 Mil.

2. EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA.

Middlesex Water Co's EV-to-EBITDA for today is:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA(TTM)
=1287.468/72.718
=17.70

Middlesex Water Co's current Enterprise Value is $1,287.5 Mil.
Middlesex Water Co's EBITDA for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $72.7 Mil.

3. EV-to-Revenue is calculated as Enterprise Value divided by its Revenue.

Middlesex Water Co's EV-to-Revenue for today is:

EV-to-Revenue=Enterprise Value (Today)/Revenue (TTM)
=1287.468/166.274
=7.74

Middlesex Water Co's current Enterprise Value is $1,287.5 Mil.
Middlesex Water Co's Revenue for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $166.3 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Middlesex Water Co Enterprise Value Related Terms

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Middlesex Water Co (Middlesex Water Co) Business Description

Traded in Other Exchanges
N/A
Address
485C Route 1 South, Suite 400, Iselin, NJ, USA, 08830
Middlesex Water Co owns and operates regulated water utility and wastewater systems in the U.S. The firm primarily operates in the eastern states of New Jersey, Delaware, and Pennsylvania. The company has two operating segments, Regulated and Non-Regulated. The regulated business includes collecting and distributing water to residential, commercial, industrial, and fire protection consumers. The non-regulated business includes contract services for the operation of private water and wastewater systems. The majority of the company's revenue is derived from the Regulated segment and from residential customers.
Executives
Lorrie Beth Ginegaw officer: VP-Corporate Affairs 1500 RONSON ROAD, ISELIN NJ 08830
Cosgrove James F. Jr. director 492 CHRISTOPHER DRIVE, PRINCETON NJ 08540
Robert John Capko officer: PAO/Controller 100 POSSUM WAY, NEW PROVIDENCE NJ 07974
Bernadette M Sohler officer: VP - Corporate Affairs 1500 RONSON ROAD, ISELIN NJ 08830
Walter G Reinhard director PO BOX 1500, ISELIN NJ 08830
Dennis W Doll officer: Executive Vice President 1500 RONSON ROAD, ISELIN NJ 08830
Andreasen Christian G. Jr. officer: VP - Enterprise Engineering 485C ROUTE 1 SOUTH, SUITE 400, ISELIN NJ 08830
Kim C Hanemann director 1500 RONSON ROAD, ISELIN NJ 08830
A Bruce Oconnor officer: Vice President &, other: Controller PO BOX 1500, ISELIN NJ 08830
Vaughn L Mckoy director 485C ROUTE ONE SOUTH, SUITE 400, ISELIN NJ 07083
Georgia M Simpson officer: VP-Information Technology 485C ROUTE 1 SOUTH, SUITE 400, ISELIN NJ 08830
Joshua Bershad director 485C ROUTE ONE SOUTH, SUITE 400, ISELIN NJ 07083
Robert K Fullagar officer: Vice President - Operations 485C ROUTE 1 SOUTH, SUITE 400, ISELIN NJ 08830
Ann L. Noble director 485C ROUTE 1 SOUTH, SUITE 400, ISELIN NJ 08830
Jay L Kooper officer: VP, Gen. Counsel & Secretary 1500 RONSON ROAD, ISELIN NJ 08830