COMP <GO>
MSEX vs WM // PIOTROSKI F-SCORE QUALITY
Middlesex Water Company (NASDAQ) VS. Waste Management Inc. (NYSE) • 15-METRIC TALLY: MSEX 3
— WM 6
■ METRIC PARITY
LAST: $56.79 (+2.60%) • MKT CAP: $1.04B
piotroski-score
6/9
LAST: $233.45 (+1.10%) • MKT CAP: $91.81B
piotroski-score
6/9
15-METRIC INSTITUTIONAL SIDE-BY-SIDE SCORECARD (MSEX VS. WM)
EMERALD CELL = QUANTITATIVE EDGE
| INSTITUTIONAL METRIC | MSEX | WM | SPREAD (A - B) | ADVANTAGE | DEDICATED URL |
|---|---|---|---|---|---|
| Gross Profit Margin | — | 40.40% | — | TIE | /gross-margins <GO> |
| Return on Invested Capital (ROIC) | 4.90% | 13.70% | -8.80 | WM | /roic <GO> |
| EV/EBITDA & P/E Valuation | 26.1x | 20.2x | +5.90 | WM | /valuation <GO> |
| Free Cash Flow Yield | 6.00% | 5.35% | +0.65 | MSEX | /fcf-yield <GO> |
| Operating Margin | 27.90% | 17.10% | +10.80 | MSEX | /operating-margins <GO> |
| Net Profit Margin | 0.00% | 10.70% | -10.70 | WM | /net-margins <GO> |
| Revenue Growth (YoY) | 1.50% | 14.20% | -12.70 | WM | /revenue-growth <GO> |
| Dividend Yield & FCF Payout Safety | 2.39% | 1.45% | +0.94 | MSEX | /dividend-safety <GO> |
| Altman Z-Score & Debt/Equity | — | 2.91 | — | TIE | /balance-sheet <GO> |
| Piotroski F-Score Quality ACTIVE | 6/9 | 6/9 | 0.00 | TIE | /piotroski-score <GO> |
| Options Implied Move & Put/Call Skew | — | — | — | TIE | /options-implied-move <GO> |
| RSI-14 & 200D SMA Momentum | 52.3 | 57.5 | -5.20 | WM | /rsi-technicals <GO> |
| 10Y Yield & FRED Macro Beta | — | 0.70 | — | TIE | /macro-sensitivity <GO> |
| Forward P/E Multiple | — | 28.5x | — | TIE | /forward-pe <GO> |
| Enterprise Scale & Market Cap | $1.04B | $91.81B | -$90.77B | WM | /market-cap <GO> |
5-YEAR HISTORICAL XBRL REVENUE & MARGIN TRAJECTORY SEC FORM 10-K FY
| FISCAL YEAR | MSEX REV | WM REV | MSEX GROSS % | WM GROSS % | MSEX FCF | WM FCF |
|---|---|---|---|---|---|---|
| FY 2025 | $194.7M | $25.20B | — | 40.4% | $62.6M | $4.91B |
| FY 2024 | $191.9M | $22.06B | — | 39.3% | -$15.9M | $4.40B |
| FY 2023 | $166.3M | $20.43B | — | — | $52.8M | $3.80B |
FRED MACRO REGIME CORRELATION COMPARISON PEARSON r
MSEX // BETA —
WM // BETA 0.70