Artesian Resources Corporation Class A Common Stock (ARTNA)

FairStock Score: 55/100 — STEADY

Key Financials

AI Analysis

AI-generated, general educational analysis — not personal investment advice.

At the close on 2026-10-13, Artesian traded at $33.75, a FairStock-calculated P/E of 14.80 and P/B of 1.36. For a regulated water utility with a 0.32 beta and a 3.68% dividend yield, that is not an obvious bargain, but it is not a wild price either. The business is durable: it supplies water and wastewater in Delaware, Maryland, and Pennsylvania, and has only 272 employees. In FY2025, the year ended 2025-12-31, revenue was $112.9 million and net income $22.8 million, up from $108.0 million and $20.4 million in FY2024. In fiscal Q2 2026, the quarter ended 2026-06-30, revenue was $30.7 million, net income $6.6 million, and diluted EPS $0.64. Those are respectable, but the Lynch category is Slow Grower, with profit compounding at about 6.3% a year over five years and revenue at 5.1%. Returns are modest: FairStock shows ROE of 9.42% and ROCE of 2.74%. Debt-to-equity is 0.72. Trailing free cash flow is negative $23.6 million, a negative 6.8% FCF yield. The FairStock Graham Number is $35.45, leaving only about 4.8% margin of safety versus the close, and the Altman Z-Score of 0.56 is weak, though utilities need context. Piotroski is 6/9. This is a decent regulated franchise at a fair price, not a fat pitch. I would watch cash generation, rate case outcomes, and debt.

In plain English: Artesian Resources supplies water and wastewater services to homes and businesses in Delaware, Maryland, and Pennsylvania. It is a small, steady business that earns a profit and pays a dividend, but growth is slow and it has been spending more cash than it brings in. Compared with its profits and the value of its assets, the shares look neither clearly cheap nor clearly expensive.

The full AI analysis, bull and bear case and key monitorables are in FairStock Pro.

Data as of 2026-10-13 close · note generated 2026-10-15 · model deepseek-flash

Sources (SEC EDGAR): fiscal Q2 2026 10-Q (period ended 2026-06-30) · fiscal Q1 2026 10-Q (period ended 2026-03-31) · fiscal Q3 2025 10-Q (period ended 2025-09-30) · fiscal Q2 2025 10-Q (period ended 2025-06-30) · FY2025 10-K (period ended 2025-12-31) · FY2024 10-K (period ended 2024-12-31) · FY2023 10-K (period ended 2023-12-31)

Fundamentals from company filings and market-data providers; prices are end-of-day, not real-time. AI-generated analysis is general and educational — not personal investment advice. Scoring methodology · Score test · Disclaimer