WallStSmart

Artesian Resources Corporation (ARTNA)vsH2O America (HTO)

VS

Smart Verdict

WallStSmart Research — data-driven comparison

H2O America generates 611% more annual revenue ($816.28M vs $114.83M). ARTNA leads profitability with a 20.3% profit margin vs 12.9%. HTO appears more attractively valued with a PEG of 2.56. ARTNA earns a higher WallStSmart Score of 60/100 (C+).

ARTNA

Buy

60

out of 100

Grade: C+

Growth: 5.3Profit: 7.0Value: 5.3Quality: 4.0
Piotroski: 3/9Altman Z: 0.67

HTO

Buy

57

out of 100

Grade: C

Growth: 5.3Profit: 5.5Value: 4.7Quality: 4.0
Piotroski: 1/9Altman Z: 0.68
IV

Intrinsic Value Comparison

Multi-model valuation · Graham Formula

ARTNAUndervalued (+7.1%)

Margin of Safety

+7.1%

Fair Value

$35.62

Current Price

$32.96

$2.66 discount

UndervaluedFair: $35.62Overvalued
HTOUndervalued (+14.5%)

Margin of Safety

+14.5%

Fair Value

$60.78

Current Price

$57.43

$3.35 discount

UndervaluedFair: $60.78Overvalued

Key Strengths & Concerns

Side-by-side fundamental analysis

Key Strengths

ARTNA4 strengths · Avg: 9.3/10
Price/BookValuation
1.3x10/10

Reasonable price relative to book value

Operating MarginProfitability
30.0%10/10

Strong operational efficiency at 30.0%

Profit MarginProfitability
20.3%9/10

Keeps 20 of every $100 in revenue as profit

P/E RatioValuation
14.3x8/10

Attractively priced relative to earnings

HTO2 strengths · Avg: 9.0/10
Price/BookValuation
1.3x10/10

Reasonable price relative to book value

Operating MarginProfitability
21.5%8/10

Strong operational efficiency at 21.5%

Areas to Watch

ARTNA4 concerns · Avg: 2.5/10
Market CapQuality
$331.00M3/10

Smaller company, higher risk/reward

Piotroski F-ScoreQuality
3/93/10

Weak financial health signals

PEG RatioValuation
3.542/10

Expensive relative to growth rate

Free Cash FlowQuality
$-4.50M2/10

Negative free cash flow — burning cash

HTO4 concerns · Avg: 3.3/10
EPS GrowthGrowth
0.0%4/10

0.0% earnings growth

Return on EquityProfitability
6.5%3/10

ROE of 6.5% — below average capital efficiency

Debt/EquityHealth
1.023/10

Elevated debt levels

Piotroski F-ScoreQuality
1/93/10

Weak financial health signals

Comparative Analysis Report

WallStSmart Research

Bull Case : ARTNA

The strongest argument for ARTNA centers on Price/Book, Operating Margin, Profit Margin. Profitability is solid with margins at 20.3% and operating margin at 30.0%.

Bull Case : HTO

The strongest argument for HTO centers on Price/Book, Operating Margin.

Bear Case : ARTNA

The primary concerns for ARTNA are Market Cap, Piotroski F-Score, PEG Ratio.

Bear Case : HTO

The primary concerns for HTO are EPS Growth, Return on Equity, Debt/Equity.

Key Dynamics to Monitor

ARTNA profiles as a mature stock while HTO is a value play — different risk/reward profiles.

HTO carries more volatility with a beta of 0.34 — expect wider price swings.

HTO is growing revenue faster at 9.4% — sustainability is the question.

ARTNA generates stronger free cash flow (-5M), providing more financial flexibility.

Bottom Line

ARTNA scores higher overall (60/100 vs 57/100), backed by strong 20.3% margins. Both earn "Buy" and "Buy" ratings respectively — the choice depends on your investment horizon and risk tolerance.

This analysis is generated from publicly available financial data. Not financial advice.

Artesian Resources Corporation

UTILITIES · UTILITIES - REGULATED WATER · USA

Artesian Resources Corporation provides water, wastewater, and other services in Delaware, Maryland, and Pennsylvania. The company is headquartered in Newark, Delaware.

H2O America

UTILITIES · UTILITIES - REGULATED WATER · USA

H2O America, provides water utility and other related services in the United States. The company is headquartered in San Jose, California.

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