MSEX - NASDAQ
Middlesex Water Company
$52.38
+0.87%Middlesex Water Company owns and operates regulated water utility and wastewater systems. It operates in two segments, Regulated and Non-Regulated. The Regulated segment collects, treats, and distributes water on a retail and wholesale basis to residential, commercial, industrial, and fire protection customers, as well as provides regulated wastewater systems in New Jersey and Delaware. The Non-Regulated segment provides non-regulated contract services for the operation and maintenance of municipal and private water and wastewater systems in New Jersey and Delaware. The company was incorporated in 1896 and is headquartered in Iselin, New Jersey.
At a Glance
Live SnapshotMiddlesex Water Company Fair Value Envelope
Owner Earnings Valuation Tool
Warren Buffett's Owner Earnings DCF analysis for intrinsic value calculation
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DCF Valuation Summary
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Owner Earnings Projections
Operating Cash Flow - Maintenance CapEx = Owner Earnings
| Metric | Year 1 | Year 2 | Year 3 | Year 4 | Year 5 | Year 6 | Year 7 | Year 8 | Year 9 | Year 10 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $31.3M | $15.6M | $7.8M | $3.9M | $2.0M | $978.1K | $489.0K | $244.5K | $122.3K | $61.1K |
| Maintenance CapEx | -$9.6M | -$4.8M | -$2.4M | -$1.2M | -$602.2K | -$301.1K | -$150.6K | -$75.3K | -$37.6K | -$18.8K |
| Owner Earnings | $21.7M | $10.8M | $5.4M | $2.7M | $1.4M | $677.0K | $338.5K | $169.2K | $84.6K | $42.3K |
| Discount Factor | 0.926 | 0.857 | 0.794 | 0.735 | 0.681 | 0.630 | 0.583 | 0.540 | 0.500 | 0.463 |
| Present Value | $20.1M | $9.3M | $4.3M | $2.0M | $921.5K | $426.6K | $197.5K | $91.4K | $42.3K | $19.6K |
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