California Water Service Group
CWT
Water Supply
Mkt Cap
$2.821BPE
19.67Debt
$1.332BCash
$88.26MEV
$4.065BFCF
-P/E Ratio
19.67Debt
$1.332BCash
$88.26MEV
$4.065BFCF
-Charts data: {"Earnings":[{"time":"2014-12-30","value":56738000},{"time":"2015-12-30","value":45017000},{"time":"2016-12-30","value":48675000},{"time":"2017-12-30","value":67181000},{"time":"2018-12-30","value":65584000},{"time":"2019-12-30","value":63116000},{"time":"2020-12-30","value":96831000},{"time":"2021-12-30","value":100979000},{"time":"2022-12-30","value":95263000},{"time":"2023-12-30","value":51376000}],"Sales":[{"time":"2016-12-30","value":589528000},{"time":"2017-12-30","value":622474000},{"time":"2018-12-30","value":674736000},{"time":"2019-12-30","value":664358000},{"time":"2020-12-30","value":697577000},{"time":"2021-12-30","value":765704000},{"time":"2022-12-30","value":772616000},{"time":"2023-12-30","value":790334000}],"Net Margins":[{"time":"2016-12-30","value":0.08256605284227382},{"time":"2017-12-30","value":0.10792579288452209},{"time":"2018-12-30","value":0.097199497284864},{"time":"2019-12-30","value":0.09500299537297661},{"time":"2020-12-30","value":0.13881048257038292},{"time":"2021-12-30","value":0.13187733118803088},{"time":"2022-12-30","value":0.12329928450873397},{"time":"2023-12-30","value":0.06500542808483502}],"Assets":[{"time":"2014-12-30","value":2187351000},{"time":"2015-12-30","value":2246095000},{"time":"2016-12-30","value":2411745000},{"time":"2017-12-30","value":2740375000},{"time":"2018-12-30","value":2837704000},{"time":"2019-12-30","value":3111308000},{"time":"2020-12-30","value":3394248000},{"time":"2021-12-30","value":3623271000},{"time":"2022-12-30","value":3850752000},{"time":"2023-12-30","value":4595533000}],"Stockholders Equity":[{"time":"2014-12-30","value":626626000},{"time":"2015-12-30","value":642155000},{"time":"2016-12-30","value":659471000},{"time":"2017-12-30","value":693462000},{"time":"2018-12-30","value":730157000},{"time":"2019-12-30","value":779906000},{"time":"2020-12-30","value":921344000},{"time":"2021-12-30","value":1182980000},{"time":"2022-12-30","value":1322394000},{"time":"2023-12-30","value":1430312000}],"ROE":[{"time":"2014-12-30","value":0.09054523751009375},{"time":"2015-12-30","value":0.07010301251255538},{"time":"2016-12-30","value":0.07380915915938684},{"time":"2017-12-30","value":0.096877694812405},{"time":"2018-12-30","value":0.08982177805595234},{"time":"2019-12-30","value":0.08092770154351935},{"time":"2020-12-30","value":0.10509755313976105},{"time":"2021-12-30","value":0.08535985392821518},{"time":"2022-12-30","value":0.07203828813500364},{"time":"2023-12-30","value":0.03591943575947066}],"ROA":[{"time":"2014-12-30","value":0.03741832015072112},{"time":"2015-12-30","value":0.031678535413684636},{"time":"2016-12-30","value":0.03159289228338817},{"time":"2017-12-30","value":0.034529215891985585},{"time":"2018-12-30","value":0.03895402762233129},{"time":"2019-12-30","value":0.03195183504815338},{"time":"2020-12-30","value":0.04026399956632515},{"time":"2021-12-30","value":0.03498772241987971},{"time":"2022-12-30","value":0.033151966161414706},{"time":"2023-12-30","value":0.016784777739600607}]}
California Water Service Group, through its subsidiaries, provides water utility and other related services in California, Washington, New Mexico, Hawaii, and Texas. The company is involved in the production, purchase, storage, treatment, testing, distribution, and sale of water for domestic, industrial, public, and irrigation uses, as well as for fire protection services. It offers its services to approximately 496,400 customer connections in 100 California communities; approximately 6,200 water and wastewater customer connections on the islands of Maui, Oahu, and Hawaii; approximately 37,500 customer connections in the Tacoma, Olympia, Graham, Spanaway, Puyallup, Rainier, Yelm, and Gig Harbor areas; and approximately 10,700 water and wastewater customer connections in the Belen, Los Lunas, Indian Hills, and Elephant Butte areas in New Mexico. The company also engages in the provision of non-regulated water-related services, including operating of municipally owned water systems, privately owned water, and recycled water distribution systems; water system operation, meter reading, and billing services to private companies and municipalities; leasing of communication antenna sites on its properties to telecommunication companies; and billing of optional third-party insurance programs to its residential customers. In addition, it provides lab, wastewater collection, and treatment services. California Water Service Group was founded in 1926 and is headquartered in San Jose, California.
In the chart Earnings are multiplied by this value.
Earnings Growth 7.8%
Earnings Stability 31%
Competitiveness and MOAT
High margins render the company resilient under dire circumstances, hence able to drive competitors out or acquire them. ROE and ROA measure the average flow generated by each invested dollar. Their marginal value is a forecast of future growth, and it is considered by Buffett and Munger the most important single indicator.
| Years | 12-2015 | 12-2016 | 12-2017 | 12-2018 | 12-2019 | 12-2020 | 12-2021 | 12-2022 | 12-2023 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
| Net Margin | - | 8.3% | 11% | 9.7% | 9.5% | 14% | 13% | 12% | 6.5% | 18% |
| ROA | 3.2% | 3.2% | 3.5% | 3.9% | 3.2% | 4% | 3.5% | 3.3% | 1.7% | 3.6% |
| ROE | 7% | 7.4% | 9.7% | 9% | 8.1% | 11% | 8.5% | 7.2% | 3.6% | 9.7% |
What is the average Net Margin?
The average Net Margin over the past 5 years is +10.85%.
What is the trend of Net Margin?
The trend of Net Margin over the past 5 years is -0.24%.
What is the average Return on Assets (ROA)?
The average ROA over the past 5 years is +3.27%.
What is the trend of Return on Assets (ROA)?
The trend of ROA over the past 5 years is -0.32%.
What is the average Return on Equity (ROE)?
The average ROE over the past 5 years is +7.82%.
What is the trend of Return on Equity (ROE)?
The trend of ROE over the past 5 years is -0.9%.
Safety & Stabiliy
Being debt the number one cause of investment losses and company death, the ratio Debt/FCF is of utmost importance to guarantee safety. On the other hand the Graham’s stability measures the drawdown of earnings, hence indicating the reliability of the flow generated by the company.
| Years | 12-2015 | 12-2016 | 12-2017 | 12-2018 | 12-2019 | 12-2020 | 12-2021 | 12-2022 | 12-2023 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
| Debt FCF | - | - | - | - | - | - | - | - | - | - |
| Debt Equity | 0.86 | 0.99 | 1.16 | 1.26 | 1.26 | 1.25 | 0.93 | 0.85 | 0.86 | 0.91 |
| MIN | ||||||||||
| Graham Stability | - | - | 100% | 100% | 100% | 100% | 100% | 100% | 53% | 53% |
What is the Debt/FCF?
The Debt/FCF trailing twelve month is -.
What is the trend of Debt/FCF?
The trend of Debt/FCF over the past 5 years is -.
What is the Graham’s Stability?
Graham’s Stability measure stands at 0.53.
Growth
Growth can be dangerous when forecasting, simply projecting the current growth is in general wrong. A company passes through multiple phases, from being young and unprofitable, to the first periods of profitability and high growth, until it arrives at a period of regime with limited growth. Identifying in which phase the company is in may help forecasting.
| Years | 12-2016 | 12-2018 | 12-2020 | 12-2022 | Trend |
|---|---|---|---|---|---|
| Revenue | 4.3% | 3.2% | 4.2% | 2.3% | -0.48% |
| Net Income | 0.77% | -4.8% | -19% | -46% | -2.6% |
| Stockholders Equity | 12% | 14% | 16% | 8.2% | 1.8% |
| FCF | - | - | - | - | - |
What is the 5 year Revenue CAGR?
The Revenue CAGR over the past 5 years is +3.21%.
What is the trend of Revenue growth?
The trend of Revenue growth rate over the past 5 years is -0.48%.
What is the 5 year Earnings CAGR?
The Earnings CAGR over the past 5 years is -4.77%.
What is the trend of Earnings growth?
The trend of Earnings growth rate over the past 5 years is -2.58%.
What is the 5 year Equity CAGR?
The Equity CAGR over the past 5 years is +14.39%.
What is the trend of Equity growth?
The trend of Equity growth rate over the past 5 years is +1.82%.
What is the 5 year FCF CAGR?
The FCF CAGR over the past 5 years is -.
What is the trend of FCF growth?
The trend of FCF growth rate over the past 5 years is -.