California Water Service ... (CWT)
California Water Service Statistics
Share Statistics
California Water Service has 59.57M shares outstanding. The number of shares has increased by 3% in one year.
| Shares Outstanding | 59.57M |
| Shares Change (YoY) | 3% |
| Shares Change (QoQ) | 0.03% |
| Owned by Institutions (%) | 83.28% |
| Shares Floating | 59.05M |
| Failed to Deliver (FTD) Shares | 460 |
| FTD / Avg. Volume | 0.11% |
Short Selling Information
The latest short interest is 864.96K, so 1.45% of the outstanding shares have been sold short.
| Short Interest | 864.96K |
| Short % of Shares Out | 1.45% |
| Short % of Float | 2.08% |
| Short Ratio (days to cover) | 1.81 |
Valuation Ratios
The PE ratio is 13.92 and the forward PE ratio is 19.94. California Water Service's PEG ratio is 0.05.
| PE Ratio | 13.92 |
| Forward PE | 19.94 |
| PS Ratio | 2.56 |
| Forward PS | 2.5 |
| PB Ratio | 1.62 |
| P/FCF Ratio | -14.77 |
| PEG Ratio | 0.05 |
Enterprise Valuation
California Water Service has an Enterprise Value (EV) of 3.99B.
| EV / Sales | 3.85 |
| EV / EBITDA | 9.4 |
| EV / EBIT | 13.72 |
| EV / FCF | -22.17 |
Financial Position
The company has a current ratio of 0.6, with a Debt / Equity ratio of 0.84.
| Current Ratio | 0.6 |
| Quick Ratio | 0.6 |
| Debt / Equity | 0.84 |
| Debt / EBITDA | 3.26 |
| Debt / FCF | -7.69 |
| Interest Coverage | 3.91 |
Financial Efficiency
Return on Equity is 11.65% and Return on Invested Capital is 3.74%.
| Return on Equity | 11.65% |
| Return on Assets | 3.68% |
| Return on Invested Capital | 3.74% |
| Revenue Per Employee | $811.27K |
| Profits Per Employee | $149.3K |
| Employee Count | 1,278 |
| Asset Turnover | 0.2 |
| Inventory Turnover | n/a |
Taxes
| Income Tax | 42.49M |
| Effective Tax Rate | 18.27% |
Stock Price Statistics
The stock price has increased by 1.63% in the last 52 weeks. The beta is 0.55, so California Water Service's price volatility has been higher than the market average.
| Beta | 0.55 |
| 52-Week Price Change | 1.63% |
| 50-Day Moving Average | 47.87 |
| 200-Day Moving Average | 49.74 |
| Relative Strength Index (RSI) | 59.72 |
| Average Volume (20 Days) | 402.93K |
Income Statement
In the last 12 months, California Water Service had revenue of 1.04B and earned 190.81M in profits. Earnings per share was 3.26.
| Revenue | 1.04B |
| Gross Profit | 989.12M |
| Operating Income | 225.05M |
| Net Income | 190.81M |
| EBITDA | 424.26M |
| EBIT | 290.12M |
| Earnings Per Share (EPS) | 3.26 |
Balance Sheet
The company has 50.12M in cash and 1.38B in debt, giving a net cash position of -1.33B.
| Cash & Cash Equivalents | 50.12M |
| Total Debt | 1.38B |
| Net Cash | -1.33B |
| Retained Earnings | 674.92M |
| Total Assets | 5.18B |
| Working Capital | -214.23M |
Cash Flow
In the last 12 months, operating cash flow was 290.87M and capital expenditures -470.8M, giving a free cash flow of -179.93M.
| Operating Cash Flow | 290.87M |
| Capital Expenditures | -470.8M |
| Free Cash Flow | -179.93M |
| FCF Per Share | -3.07 |
Margins
Gross margin is 95.4%, with operating and profit margins of 21.71% and 18.4%.
| Gross Margin | 95.4% |
| Operating Margin | 21.71% |
| Pretax Margin | 22.43% |
| Profit Margin | 18.4% |
| EBITDA Margin | 40.92% |
| EBIT Margin | 21.71% |
| FCF Margin | -17.35% |
Dividends & Yields
CWT pays an annual dividend of $1.46, which amounts to a dividend yield of 2.7%.
| Dividend Per Share | $1.46 |
| Dividend Yield | 2.7% |
| Dividend Growth (YoY) | 21.43% |
| Payout Ratio | 44.92% |
| Earnings Yield | 7.18% |
| FCF Yield | -6.77% |
Analyst Forecast
The average price target for CWT is $53, which is 4.7% higher than the current price. The consensus rating is "Buy".
| Price Target | $53 |
| Price Target Difference | 4.7% |
| Analyst Consensus | Buy |
| Analyst Count | 2 |
Stock Splits
The last stock split was on Jun 13, 2011. It was a forward split with a ratio of 2:1.
| Last Split Date | Jun 13, 2011 |
| Split Type | forward |
| Split Ratio | 2:1 |
Scores
| Altman Z-Score | 1.01 |
| Piotroski F-Score | 7 |