GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Middlesex Water Co (NAS:MSEX) » Definitions » EV-to-EBIT

Middlesex Water Co (Middlesex Water Co) EV-to-EBIT

: 28.70 (As of Today)
View and export this data going back to 1990. Start your Free Trial

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Middlesex Water Co's Enterprise Value is $1,242.2 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 for today is 28.70.

The historical rank and industry rank for Middlesex Water Co's EV-to-EBIT or its related term are showing as below:

MSEX' s EV-to-EBIT Range Over the Past 10 Years
Min: 14.87   Med: 25.17   Max: 67.09
Current: 28.7

During the past 13 years, the highest EV-to-EBIT of Middlesex Water Co was 67.09. The lowest was 14.87. And the median was 25.17.

MSEX's EV-to-EBIT is ranked worse than
89.53% of 468 companies
in the Utilities - Regulated industry
Industry Median: 12.64 vs MSEX: 28.70

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Middlesex Water Co's Enterprise Value for the quarter that ended in Dec. 2023 was $1,580.8 Mil. Middlesex Water Co's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was $43.3 Mil. Middlesex Water Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 2.74%.


Middlesex Water Co EV-to-EBIT Historical Data

The historical data trend for Middlesex Water Co's EV-to-EBIT 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 Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EV-to-EBIT
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 39.35 41.06 66.74 33.25 36.53

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
EV-to-EBIT 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 Premium Member Only Premium Member Only Premium Member Only 33.25 37.21 38.22 36.44 36.53

Competitive Comparison

For the Utilities - Regulated Water subindustry, Middlesex Water Co's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT 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 EV-to-EBIT Distribution

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

* The bar in red indicates where Middlesex Water Co's EV-to-EBIT falls into.



Middlesex Water Co EV-to-EBIT Calculation

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

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=1242.222/43.276
=28.70

Middlesex Water Co's current Enterprise Value is $1,242.2 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.

* 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) EV-to-EBIT Explanation

This is a more accurate valuation of companies' operation because it considers the debt and cash on its balance sheet, and non-operating items such as interest payment, tax, and one-time items are not included in the Operating Income.

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %.

Middlesex Water Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 is calculated as:

Earnings Yield (Joel Greenblatt) % (Q: Dec. 2023 ) =EBIT / Enterprise Value (Q: Dec. 2023 )
=43.276/1580.81402
=2.74 %

Middlesex Water Co's Enterprise Value for the quarter that ended in Dec. 2023 was $1,580.8 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.

* 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 EV-to-EBIT Related Terms

Thank you for viewing the detailed overview of Middlesex Water Co's EV-to-EBIT provided by GuruFocus.com. Please click on the following links to see related term pages.


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

Middlesex Water Co (Middlesex Water Co) Headlines