Overview Dividends

(CWT) California Water Service - Ratings and Ratios

Exchange: NYSE • Country: United States • Currency: USD • Type: Common Stock • ISIN: US1307881029

Water,Utility Services,Wastewater Treatment

CWT EPS (Earnings per Share)

EPS Growth (3Y CAGR): -45.06%
EPS Trend (3Y Correlation): 9.4%

CWT Revenue

Revenue Growth (3Y CAGR): -0.19%
Revenue Trend (3Y Correlation): 34.7%

Description: CWT California Water Service August 04, 2025

California Water Service Group is a water utility company operating in multiple states across the US, including California, Washington, New Mexico, Hawaii, and Texas, serving approximately 555,900 customer connections. The companys diverse customer base includes domestic, industrial, public, and irrigation users, as well as fire protection services.

The companys operational efficiency can be gauged by its ability to manage water production, purchase, storage, treatment, testing, distribution, and sale. With a presence in 100 California communities and various other regions, CWTs scale allows for economies of scale in its operations. Key Performance Indicators (KPIs) to monitor include customer growth rate, water supply reliability, and operating expenses as a percentage of revenue.

In addition to its core water utility services, CWT generates revenue through non-regulated activities, such as operating municipally owned water systems, water system operation, meter reading, and billing services, as well as leasing communication antenna sites. This diversification can help mitigate risks and increase revenue stability. Relevant KPIs for these activities include revenue growth, operating margins, and return on investment (ROI).

From a financial perspective, CWTs market capitalization and price-to-earnings (P/E) ratio suggest a relatively stable and mature business. To further analyze the companys financial health, KPIs such as dividend yield, debt-to-equity ratio, and interest coverage ratio can be examined. A dividend yield analysis can help investors understand the income generated by the stock, while a debt-to-equity ratio and interest coverage ratio can provide insights into the companys leverage and ability to meet its financial obligations.

CWT Stock Overview

Market Cap in USD	2,964m
Sub-Industry	Water Utilities
IPO / Inception	1990-03-26

CWT Stock Ratings

Growth Rating	-18.3%
Fundamental	44.5%
Dividend Rating	60.5%
Return 12m vs S&P 500	-18.0%
Analyst Rating	5.0 of 5

CWT Dividends

Dividend Yield 12m	2.37%
Yield on Cost 5y	2.75%
Annual Growth 5y	6.66%
Payout Consistency	97.4%
Payout Ratio	51.5%

CWT Growth Ratios

Growth Correlation 3m	23%
Growth Correlation 12m	-13.3%
Growth Correlation 5y	-53.4%
CAGR 5y	-3.16%
CAGR/Max DD 3y (Calmar Ratio)	-0.09
CAGR/Mean DD 3y (Pain Ratio)	-0.16
Sharpe Ratio 12m	-0.19
Alpha	-16.61
Beta	0.671
Volatility	22.57%
Current Volume	444.5k
Average Volume 20d	339k
Stop Loss	48.3 (-3.1%)
Signal	0.77

Piotroski VR‑10 (Strict, 0-10) 5.5

Net Income (135.8m TTM) > 0 and > 6% of Revenue (6% = 59.4m TTM)

FCFTA -0.04 (>2.0%) and ΔFCFTA -1.78pp (YES ≥ +1.0pp, WARN ≥ +0.5pp)

NWC/Revenue -32.76% (prev -24.95%; Δ -7.80pp) (YES ≤20% & Δ≤-1pp; WARN ≤25% & Δ≤0 oder ≤40% & Δ≤-3pp)

CFO/TA 0.05 (>3.0%) and CFO 257.3m > Net Income 135.8m (YES >=105%, WARN >=100%)

Net Debt (21.9m) to EBITDA (360.8m) ratio: 0.06 <= 3.0 (WARN <= 3.5)

Current Ratio 0.53 (target 1.5–3.0; WARN 1.2–<1.5 or >3.0–5.0; CFO/TA gate active)

Outstanding Shares last Quarter (59.6m) change vs 12m ago 2.17% (target <= -2.0% for YES)

Gross Margin 99.96% (prev 46.60%; Δ 53.37pp) >=18% & Δ>=+0.5pp (WARN >=15% & Δ>=0)

Asset Turnover 19.29% (prev 20.21%; Δ -0.92pp) >=50% & Δ>=+2pp (WARN >=35% & Δ>=0)

Interest Coverage Ratio 3.63 (EBITDA TTM 360.8m / Interest Expense TTM 60.7m) >= 6 (WARN >= 3)

Altman Z'' 0.50

(A) -0.06 = (Total Current Assets 361.6m - Total Current Liabilities 686.1m) / Total Assets 5.40b

(B) 0.13 = Retained Earnings (Balance) 692.3m / Total Assets 5.40b

(D) 0.18 = Book Value of Equity 686.0m / Total Liabilities 3.74b

Total Rating: 0.50 = (6.56 * A) + (3.26 * B) + (6.72 * C) + (1.05 * D)

ValueRay F-Score (Strict, 0-100) 44.47

1. Piotroski 5.50pt = 0.50

2. FCF Yield -7.66% = -3.83

3. FCF Margin -23.08% = -7.50

4. Debt/Equity 0.04 = 2.50

5. Debt/Ebitda 0.06 = 2.50

6. ROIC - WACC (= -2.77)% = -3.46

7. RoE 8.29% = 0.69

8. Rev. Trend 34.67% = 2.60

9. EPS Trend 9.38% = 0.47

What is the price of CWT shares?

As of October 25, 2025, the stock is trading at USD 49.86 with a total of 444,503 shares traded.
Over the past week, the price has changed by +3.04%, over one month by +9.10%, over three months by +11.19% and over the past year by -3.52%.

Is California Water Service a good stock to buy?

No, based on ValueRay´s Fundamental Analyses, California Water Service (NYSE:CWT) is currently (October 2025) a stock to sell. It has a ValueRay Fundamental Rating of 44.47 and therefor a negative outlook according to the companies health.
Based on momentum, paid dividends and discounted-cash-flow analyses, the fair value of CWT is around 45.11 USD . This means that CWT is currently overvalued and has a potential downside of -9.53%.

Is CWT a buy, sell or hold?

California Water Service has received a consensus analysts rating of 5.00. Therefore, it is recommended to buy CWT.

Strong Buy: 5
Buy: 0
Hold: 0
Sell: 0
Strong Sell: 0

What are the forecasts/targets for the CWT price?

Issuer	Target	Up/Down from current
Wallstreet Target Price	55.3	10.8%
Analysts Target Price	55.3	10.8%
ValueRay Target Price	50.4	1.1%

CWT Fundamental Data Overview October 24, 2025

Market Cap USD = 2.96b (2.96b USD * 1.0 USD.USD)
P/E Trailing = 21.8202
P/E Forward = 17.3611
P/S = 2.992
P/B = 1.6062
P/EG = 2.7043
Beta = 0.671
Revenue TTM = 990.7m USD
EBIT TTM = 220.5m USD
EBITDA TTM = 360.8m USD
Long Term Debt = 1.10b USD (from longTermDebt, last quarter)
Short Term Debt = 432.5m USD (from shortTermDebt, last quarter)
Debt = 72.5m USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 21.9m USD (from netDebt column, last quarter)
Enterprise Value = 2.99b USD (2.96b + Debt 72.5m - CCE 50.5m)
Interest Coverage Ratio = 3.63 (Ebit TTM 220.5m / Interest Expense TTM 60.7m)
FCF Yield = -7.66% (FCF TTM -228.6m / Enterprise Value 2.99b)
FCF Margin = -23.08% (FCF TTM -228.6m / Revenue TTM 990.7m)
Net Margin = 13.71% (Net Income TTM 135.8m / Revenue TTM 990.7m)
Gross Margin = 99.96% ((Revenue TTM 990.7m - Cost of Revenue TTM 350.0k) / Revenue TTM)
Gross Margin QoQ = 38.76% (prev 66.96%)
Tobins Q-Ratio = 0.55 (Enterprise Value 2.99b / Total Assets 5.40b)
Interest Expense / Debt = 22.82% (Interest Expense 16.5m / Debt 72.5m)
Taxrate = 17.09% (8.67m / 50.7m)
NOPAT = 182.8m (EBIT 220.5m * (1 - 17.09%))
Current Ratio = 0.53 (Total Current Assets 361.6m / Total Current Liabilities 686.1m)
Debt / Equity = 0.04 (Debt 72.5m / totalStockholderEquity, last quarter 1.66b)
Debt / EBITDA = 0.06 (Net Debt 21.9m / EBITDA 360.8m)
Debt / FCF = -0.10 (negative FCF - burning cash) (Net Debt 21.9m / FCF TTM -228.6m)
Total Stockholder Equity = 1.64b (last 4 quarters mean from totalStockholderEquity)
RoA = 2.52% (Net Income 135.8m / Total Assets 5.40b)
RoE = 8.29% (Net Income TTM 135.8m / Total Stockholder Equity 1.64b)
RoCE = 8.04% (EBIT 220.5m / Capital Employed (Equity 1.64b + L.T.Debt 1.10b))
RoIC = 5.97% (NOPAT 182.8m / Invested Capital 3.06b)
WACC = 8.74% (E(2.96b)/V(3.04b) * Re(8.49%) + D(72.5m)/V(3.04b) * Rd(22.82%) * (1-Tc(0.17)))
Discount Rate = 8.49% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: 100.0 | Cagr: 1.58%
Fair Price DCF = unknown (Cash Flow -228.6m)
EPS Correlation: 9.38 | EPS CAGR: -45.06% | SUE: -2.85 | # QB: 0
Revenue Correlation: 34.67 | Revenue CAGR: -0.19% | SUE: 0.44 | # QB: 0

Additional Sources for CWT Stock

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