(CPK) Chesapeake Utilities - Overview
Sector: Utilities | Industry: Utilities - Regulated Gas | Exchange: NYSE (USA) | Market Cap: 3.037m USD | Total Return: 5.1% in 12m
Avg Turnover: 14.5M
EPS Trend: 89.7%
Qual. Beats: 0
Rev. Trend: 98.6%
Qual. Beats: 0
Warnings
High Debt while negative Cash Flow
Altman Z'' 0.81 < 1.0 - financial distress zone
Choppy Below Avwap Earnings
Tailwinds
No distinct edge detected
Chesapeake Utilities Corporation (NYSE: CPK) is a diversified energy delivery company operating through Regulated and Unregulated segments. The Regulated segment manages natural gas distribution and transmission across Delaware, Maryland, Ohio, and Florida, alongside electric distribution in Florida. The Unregulated segment provides propane distribution, steam generation, and specialized transportation for compressed, liquefied, and renewable natural gas.
As a utility provider, CPK operates within a capital-intensive sector where regulated assets typically provide stable, predictable cash flows through government-approved rate structures. The company’s expansion into renewable natural gas and sustainable energy investments reflects a broader industry trend toward decarbonization and infrastructure modernization. Investors may find it useful to examine ValueRay for deeper insights into the companys valuation metrics and historical performance.
Founded in 1859 and headquartered in Dover, Delaware, the company maintains a geographic focus on the Mid-Atlantic and Southeastern United States. Its business model balances the low-risk profile of regulated utilities with higher-margin unregulated services, including HVAC, plumbing, and energy-related merchandise sales.
- Rate base expansion through capital investment in regulated gas and electric segments
- Florida population growth drives increased residential customer demand and service connections
- Integration of acquisitions like Florida City Gas enhances long-term earnings per share
- Interest rate fluctuations impact financing costs for capital-intensive infrastructure projects
- Regulatory approval of rate cases determines return on equity and revenue stability
| Net Income: 148.7m TTM > 0 and > 6% of Revenue |
| FCF/TA: -0.07 > 0.02 and ΔFCF/TA -9.80 > 1.0 |
| NWC/Revenue: -31.96% < 20% (prev -27.86%; Δ -4.09% < -1%) |
| CFO/TA 0.07 > 3% & CFO 266.7m > Net Income 148.7m |
| Net Debt (1.67b) to EBITDA (384.4m): 4.34 < 3 |
| Current Ratio: 0.43 > 1.5 & < 3 |
| Outstanding Shares: last quarter (24.1m) vs 12m ago 4.39% < -2% |
| Gross Margin: 38.16% > 18% (prev 0.41%; Δ 3.77k% > 0.5%) |
| Asset Turnover: 25.37% > 50% (prev 22.93%; Δ 2.45% > 0%) |
| Interest Coverage Ratio: 3.79 > 6 (EBITDA TTM 384.4m / Interest Expense TTM 73.2m) |
| A: -0.08 (Total Current Assets 239.1m - Total Current Liabilities 553.7m) / Total Assets 4.10b |
| B: 0.16 (Retained Earnings 669.3m / Total Assets 4.10b) |
| C: 0.07 (EBIT TTM 277.5m / Avg Total Assets 3.88b) |
| D: 0.29 (Book Value of Equity 696.9m / Total Liabilities 2.44b) |
| Altman-Z'' = 0.81 = B |
| DSRI: 1.04 (Receivables 162.9m/133.3m, Revenue 984.5m/840.2m) |
| GMI: 1.08 (GM 38.16% / 41.27%) |
| AQI: 0.89 (AQ_t 0.15 / AQ_t-1 0.17) |
| SGI: 1.17 (Revenue 984.5m / 840.2m) |
| TATA: -0.03 (NI 148.7m - CFO 266.7m) / TA 4.10b) |
| Beneish M = -2.89 (Cap -4..+1) = A |
As of May 25, 2026, the stock is trading at USD 127.02 with a total of 90,249 shares traded.
Over the past week, the price has changed by +1.40%,
over one month by -0.88%,
over three months by -5.82% and
over the past year by +5.14%.
Chesapeake Utilities has received a consensus analysts rating of 4.00. Therefore, it is recommended to buy CPK.
- StrongBuy: 3
- Buy: 1
- Hold: 3
- Sell: 0
- StrongSell: 0
| Analysts Target Price | 145.8 | 14.8% |
P/E Forward = 19.1205
P/S = 3.0852
P/B = 1.846
P/EG = 2.3048
Revenue TTM = 984.5m USD
EBIT TTM = 277.5m USD
EBITDA TTM = 384.4m USD
Long Term Debt = 1.33b USD (from longTermDebt, last quarter)
Short Term Debt = 334.2m USD (from shortTermDebt, last quarter)
Debt = 1.67b USD (from shortLongTermDebtTotal, last quarter) + Leases 7.50m
Net Debt = 1.67b USD (calculated: Debt 1.67b - CCE 4.70m)
Enterprise Value = 4.71b USD (3.04b + Debt 1.67b - CCE 4.70m)
Interest Coverage Ratio = 3.79 (Ebit TTM 277.5m / Interest Expense TTM 73.2m)
EV/FCF = -15.82x (Enterprise Value 4.71b / FCF TTM -297.5m)
FCF Yield = -6.32% (FCF TTM -297.5m / Enterprise Value 4.71b)
FCF Margin = -30.22% (FCF TTM -297.5m / Revenue TTM 984.5m)
Net Margin = 15.10% (Net Income TTM 148.7m / Revenue TTM 984.5m)
Gross Margin = 38.16% ((Revenue TTM 984.5m - Cost of Revenue TTM 608.8m) / Revenue TTM)
Gross Margin QoQ = 30.97% (prev 41.29%)
Tobins Q-Ratio = 1.15 (Enterprise Value 4.71b / Total Assets 4.10b)
Interest Expense / Debt = 4.37% (Interest Expense 73.2m / Debt 1.67b)
Taxrate = 26.52% (21.4m / 80.7m)
NOPAT = 203.9m (EBIT 277.5m * (1 - 26.52%))
Current Ratio = 0.43 (Total Current Assets 239.1m / Total Current Liabilities 553.7m)
Debt / Equity = 1.01 (Debt 1.67b / totalStockholderEquity, last quarter 1.65b)
Debt / EBITDA = 4.34 (Net Debt 1.67b / EBITDA 384.4m)
Debt / FCF = -5.61 (negative FCF - burning cash) (Net Debt 1.67b / FCF TTM -297.5m)
Total Stockholder Equity = 1.57b (last 4 quarters mean from totalStockholderEquity)
RoA = 3.83% (Net Income 148.7m / Total Assets 4.10b)
RoE = 9.49% (Net Income TTM 148.7m / Total Stockholder Equity 1.57b)
RoCE = 9.59% (EBIT 277.5m / Capital Employed (Equity 1.57b + L.T.Debt 1.33b))
RoIC = 5.27% (NOPAT 203.9m / Invested Capital 3.87b)
WACC = 4.68% (E(3.04b)/V(4.71b) * Re(5.49%) + D(1.67b)/V(4.71b) * Rd(4.37%) * (1-Tc(0.27)))
Discount Rate = 5.49% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: 77.78 | Cagr: 8.12%
[DCF] Fair Price = unknown (Cash Flow -297.5m)
EPS Correlation: 89.74 | EPS CAGR: 10.44% | SUE: -0.54 | # QB: 0
Revenue Correlation: 98.62 | Revenue CAGR: 16.00% | SUE: 0.73 | # QB: 0
EPS current Quarter (2026-06-30): EPS=1.07 | Chg30d=-4.16% | Revisions=-20% | Analysts=4
EPS next Quarter (2026-09-30): EPS=0.90 | Chg30d=-4.67% | Revisions=-20% | Analysts=4
EPS current Year (2026-12-31): EPS=6.45 | Chg30d=-0.88% | Revisions=N/A | GrowthEPS=+7.3% | GrowthRev=+9.4%
EPS next Year (2027-12-31): EPS=7.31 | Chg30d=-0.17% | Revisions=+0% | GrowthEPS=+13.4% | GrowthRev=+4.8%
[Analyst] Revisions Ratio: -20%