Cadiz, Eco Wave Power, and Middlesex Water Company screen poorly against peers in a valuation analysis of firms worth $300M to $2B.
A valuation screen of U.S. small-cap utility stocks identifies Cadiz, Eco Wave Power, and Middlesex Water Company as the least attractively valued in the sector. The analysis covers companies with market capitalizations between $300M and $2B, comparing metrics against peers.
The assessment uses Seeking Alpha’s valuation grade, which evaluates relative performance within the sector. Prior screens have highlighted similar disparities, though recent market shifts may have altered rankings.
No immediate market reaction was reported following the publication of the findings.