Compare Middlesex Water Co. with Similar Stocks
Dashboard
1
Poor long term growth as Net Sales has grown by an annual rate of 7.32% and Operating profit at 8.58% over the last 5 years
2
The company has declared Positive results for the last 3 consecutive quarters
3
With ROCE of 6.52%, it has a very expensive valuation with a 1.66 Enterprise value to Capital Employed
4
Consistent Underperformance against the benchmark over the last 3 years
Total Returns (Price + Dividend) 
TimePeriod
Price Return
Dividend Return
Total Return
3 Months
-21.08%
0%
-21.08%
6 Months
-16.44%
0%
-16.44%
1 Year
-1.4%
0%
-1.4%
2 Years
-38.84%
0%
-38.84%
3 Years
-39.0%
0%
-39.0%
4 Years
-40.58%
0%
-40.58%
5 Years
-25.58%
0%
-25.58%
Middlesex Water Co. for the last several years.
Risk Adjusted Returns v/s 
News
No Recent News for the Company
Announcements 
No announcement available
Corporate Actions 
No corporate action available
Quality key factors 
Factor
Value
Sales Growth (5y)
7.32%
EBIT Growth (5y)
8.58%
EBIT to Interest (avg)
4.10
Debt to EBITDA (avg)
5.18
Net Debt to Equity (avg)
0.87
Sales to Capital Employed (avg)
0.21
Tax Ratio
13.59%
Dividend Payout Ratio
53.34%
Pledged Shares
0
Institutional Holding
81.72%
ROCE (avg)
5.53%
ROE (avg)
9.73%
Valuation key factors
Factor
Value
P/E Ratio
23
Industry P/E
Price to Book Value
2.23
EV to EBIT
25.42
EV to EBITDA
16.44
EV to Capital Employed
1.66
EV to Sales
7.13
PEG Ratio
1.26
Dividend Yield
NA
ROCE (Latest)
6.52%
ROE (Latest)
9.57%
Technicals key factors
Indicator
Weekly
Monthly
MACD
Mildly Bullish
Mildly Bullish
RSI
No Signal
No Signal
Bollinger Bands
Bearish
Bearish
Moving Averages
Bearish (Daily)
KST
Bearish
Bearish
Dow Theory
Mildly Bearish
No Trend
OBV
Mildly Bullish
Mildly Bullish
Shareholding Snapshot : Sep 2025
Shareholding Compare (%holding) 
Majority shareholders
Domestic Funds
Domestic Funds
Held in 50 Schemes (43.48%)
Foreign Institutions
Held by 85 Foreign Institutions (9.03%)
Strategic Entities with highest holding
Highest Public shareholder
Quarterly Results Snapshot (Consolidated) - Jun'25 - YoY
Jun'25
Jun'24
Change(%)
Net Sales
49.30
49.10
0.41%
Operating Profit (PBDIT) excl Other Income
21.50
22.30
-3.59%
Interest
3.60
4.00
-10.00%
Exceptional Items
0.00
0.00
Consolidate Net Profit
10.80
10.50
2.86%
Operating Profit Margin (Excl OI)
282.10%
311.60%
-2.95%
USD in Million.
Net Sales
YoY Growth in quarter ended Jun 2025 is 0.41% vs 14.72% in Jun 2024
Consolidated Net Profit
YoY Growth in quarter ended Jun 2025 is 2.86% vs 6.06% in Jun 2024
Annual Results Snapshot (Consolidated) - Dec'24
Dec'24
Dec'23
Change(%)
Net Sales
191.90
166.30
15.39%
Operating Profit (PBDIT) excl Other Income
81.20
68.70
18.20%
Interest
14.00
13.10
6.87%
Exceptional Items
0.00
0.00
Consolidate Net Profit
44.40
31.50
40.95%
Operating Profit Margin (Excl OI)
277.30%
235.90%
4.14%
USD in Million.
Net Sales
YoY Growth in year ended Dec 2024 is 15.39% vs 2.40% in Dec 2023
Consolidated Net Profit
YoY Growth in year ended Dec 2024 is 40.95% vs -25.71% in Dec 2023
About Middlesex Water Co. 
Middlesex Water Co.
Other Utilities
Middlesex Water Company is a water utility company. The Company owns and operates regulated water utility and wastewater systems in New Jersey, Delaware and Pennsylvania. The Company also operates water and wastewater systems under contract on behalf of municipal and private clients in New Jersey and Delaware. The Company's segments include Regulated and Non-Regulated. The Regulated segment is engaged in the business of collecting, treating and distributing water on a retail and wholesale basis to residential, commercial, industrial and fire protection customers in parts of New Jersey, Delaware and Pennsylvania. The Non-Regulated segment primarily consists of non-regulated contract services for the operation and maintenance of municipal and private water and wastewater systems in New Jersey and Delaware. The Middlesex System treats, stores and distributes water for residential, commercial, industrial and fire protection purposes.
Company Coordinates 
Company Details
485C ROUTE 1 SOUTH, SUITE 400 , ISELIN NJ : 08830
Registrar Details






