Top 5 Companies in the Water Utilities Industry With the Highest EV/EBITDA Ratio (CTWS, WTR, YORW, MSEX, CWT)
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.
Connecticut Water Service ranks highest with a an EV/EBITDA ratio of 18.31. Aqua America is next with a an EV/EBITDA ratio of 17.26. York Water ranks third highest with a an EV/EBITDA ratio of 16.25.
Middlesex Water follows with a an EV/EBITDA ratio of 16.22, and California Water Service rounds out the top five with a an EV/EBITDA ratio of 15.08.
SmarTrend recommended that subscribers consider buying shares of California Water Service on December 3rd, 2015 as our technology indicated a new Uptrend was in progress when shares hit $22.60. Since that recommendation, shares of California Water Service have risen 41.2%. We continue to monitor California Water Service for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.
Keywords: highest ev/ebitda ratio connecticut water service aqua america york water middlesex water california water service