Company Valuation: California Water Service Group

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 3,780 3,325 2,993 2,696 2,582 3,076 - -
Change - -12.06% -9.96% -9.94% -4.22% 19.12% - -
Enterprise Value (EV) 3,780 4,388 4,187 2,696 2,582 3,076 3,076 3,076
Change - 16.08% -4.58% -35.62% -4.22% 19.12% 0% 0%
P/E 36.7x 34.3x 57x 13.9x 20.2x 19.1x 18.1x 16.8x
PBR - 2.56x 2.09x - - - - -
PEG - -3.54x -1.2x 0x -0.6x 0.9x 3.29x 2.15x
Capitalization / Revenue 4.78x 3.93x 3.77x 2.6x 2.58x 2.83x 2.64x 2.49x
EV / Revenue 0x 0x 0x 0x 0x 2.83x 2.64x 2.49x
EV / EBITDA 0x 0x 0x 0x 0x 7.8x 6.84x 5.86x
EV / EBIT 0x 0x 0x 0x 0x 13.1x 11.4x 9.67x
EV / FCF - - - - - - - -
FCF Yield - - - - - - - -
Dividend per Share 2 0.92 1 1.04 1.12 1.24 1.34 1.448 1.57
Rate of return 1.28% 1.65% 2.01% 2.47% 2.86% 2.69% 2.91% 3.16%
EPS 2 1.96 1.77 0.91 3.25 2.15 2.607 2.75 2.965
Distribution rate 46.9% 56.5% 114% 34.5% 57.7% 51.4% 52.7% 53%
Net sales 1 790.9 846.4 794.6 1,037 1,000 1,087 1,165 1,234
EBITDA 1 238.3 245.5 183.2 395.1 336.4 394.2 449.8 525
EBIT 1 129.6 130.9 61.95 261 189.9 235.2 270.8 318
Net income 1 101.1 96.01 51.91 190.8 128.2 156.5 179.2 199
Net Debt - 1,064 1,194 - - - - -
Reference price 2 71.86 60.64 51.87 45.33 43.33 49.74 49.74 49.74
Nbr of stocks (in thousands) 52,608 54,824 57,711 59,473 59,591 61,839 - -
Announcement Date 2/24/22 A 3/1/23 A 2/29/24 A 2/27/25 A 2/25/26 A - - -
1USD in Million2USD
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
19.08x - - 2.69% 3.08B
13.9x5.08x8.34x3.7% 17.1B
14.56x7.49x12.51x3.95% 14.09B
19.64x6.64x13.36x4.25% 12.51B
18.73x8.37x14.7x3.43% 11.67B
24.06x - - 2.35% 3.54B
10.19x - - - 3.26B
10.81x - - - 3.07B
20.37x5.26x12.75x6.37% 3.02B
7.88x - - 3.85% 2.5B
Average 15.92x 6.57x 12.33x 3.82% 7.38B
Weighted average by Cap. 16.23x 6.66x 11.92x 3.82%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA



Year-on-year evolution of the Yield

  1. Stock Market
  2. Stocks
  3. CWT Stock
  4. Valuation California Water Service Group