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Conn Water Svc has the Highest EV/EBITDA Ratio in the Water Utilities Industry (CTWS, WTR, YORW, MSEX, AWR)

By David Diaz

Below are the three companies in the Water Utilities industry with the highest enterprise value to EBITDA (EV/EBITDA) ratios. EV/EBITDA is an important metric used in valuing comparable companies. It is capital structure neutral and generally the lower the ratio, the more undervalued the company is believed to be.

Conn Water Svc ranks highest with a an EV/EBITDA ratio of 20.55. Following is Aqua America Inc with a an EV/EBITDA ratio of 17.22. York Water Co ranks third highest with a an EV/EBITDA ratio of 16.69.

Middlesex Water follows with a an EV/EBITDA ratio of 15.71, and Amer States Wate rounds out the top five with a an EV/EBITDA ratio of 14.81.

SmarTrend recommended that subscribers consider buying shares of Middlesex Water on April 6th, 2018 as our technology indicated a new Uptrend was in progress when shares hit $38.05. Since that recommendation, shares of Middlesex Water have risen 6.9%. We continue to monitor Middlesex Water for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: highest ev/ebitda ratio conn water svc aqua america inc york water co middlesex water amer states wate