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Top 5 Companies in the Water Utilities Industry With the Highest EV/EBITDA Ratio (YORW, CTWS, WTR, CWT, MSEX)

By Amy Schwartz

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.

York Water ranks highest with a an EV/EBITDA ratio of 19.34. Connecticut Water Service is next with a an EV/EBITDA ratio of 19.14. Aqua America ranks third highest with a an EV/EBITDA ratio of 17.14.

California Water Service follows with a an EV/EBITDA ratio of 14.76, and Middlesex Water rounds out the top five with a an EV/EBITDA ratio of 14.71.

SmarTrend recommended that subscribers consider buying shares of Middlesex Water on May 26th, 2017 as our technology indicated a new Uptrend was in progress when shares hit $35.14. Since that recommendation, shares of Middlesex Water have risen 15.3%. 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 york water connecticut water service aqua america california water service middlesex water