Consolidated Water Co. Ltd. Ordinary Shares (CWCO)

FairStock Score: 61/100 — STEADY

Key Financials

AI Analysis

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

Consolidated Water is a small water utility and services company operating in the Cayman Islands, Bahamas, British Virgin Islands, and U.S. It produces potable water from seawater using reverse osmosis. I look for durable demand, honest accounting, and a price that leaves room for error. The business has utility-like demand, and the balance sheet is conservative: debt-to-equity 0.01, Piotroski F-Score 7/9, and Altman Z-Score 10.60. But returns are only fair: FairStock calculates ROE 7.51% and ROCE 3.76%. Growth is the puzzle. FairStock labels it a FAST GROWER because five-year profit growth was 37.6% per year and revenue growth was 48.6%, yet filed recent numbers are weaker. In fiscal year 2025, the year ended 2025-12-31, revenue was $127.2M and net income $18.3M; in fiscal year 2024, the year ended 2024-12-31, revenue was $114.6M and net income $28.2M. In fiscal Q2 2026, the quarter ended 2026-06-30, revenue was $32.9M and net income $3.9M, versus fiscal Q2 2025, the quarter ended 2025-06-30, revenue $33.6M and net income $5.1M. Valuation is full: at the 2026-10-13 close of $30.28, FairStock computes P/E 29.69, P/B 2.15, EV/EBITDA 13.44, and a Graham Number of $17.99; the close is about 68% above that conservative reference. FCF yield 6.2% and dividend yield 1.99% help, but the margin of safety is thin. I would want evidence that profits reaccelerate and capital earns better returns before paying a premium.

In plain English: Consolidated Water supplies and treats water, mostly on Caribbean islands and in some U.S. markets, using seawater purification and water services. The business looks financially solid but its recent profits are weaker than a year earlier. At the recent share price, it looks expensive compared with its profits and the value of its net assets.

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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