CWCO
Consolidated Water Co. Ltd.
CWCO's fundamentals are mixed: it turned 13% of its revenue into free cash flow, but its operating margin fell 3 points to 9.7%. At 32x earnings, it's trading right at its usual valuation. Analysts expect strong earnings growth.
CWCO Fundamentals
| Metric | Status |
|---|---|
| Under pressure | |
| Stable | |
| Stable | |
| Strong |
CWCO's balance sheet is currently strong, and its profitability and cash flow are stable, but its revenue is under pressure.
CWCO PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Cheap | 15x | $12.02 | -52% |
| Forward | 16x | $25.29 | — |
| Fair | 31x | $24.77 | -2.1% |
| Current | 32x | $25.29 | — |
| Expensive | 46x | $36.69 | +45% |
Historical ranges are pointers, not guarantees.
CWCO's PE is in its fair range at 32x. If earnings grow as analysts expect, today's price would be 16x next year's earnings, in its cheap range.
CWCO Forward outlook
| Metric | Outlook |
|---|---|
| Strongly improving | |
| Strong growth | |
| Strong growth | |
| Stable | |
| Limited | |
| Moderate |
Analysts expect strong earnings and revenue growth for CWCO, with profitability holding steady.
CWCO Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $1.54 | +95% |
| Q3 2026 | $0.79 | -25% |
| Q2 2026 | $0.99 | -1% |
| Q1 2026 | $1.07 | -36% |
| Q4 2025 | $1.14 | -36% |
| Q3 2025 | $1.06 | -54% |
| Q2 2025 | $1.00 | -61% |
| Q1 2025 | $1.67 | -17% |
| Q4 2024 | $1.77 | -4.8% |
CWCO's earnings per share have fallen from their peak: $0.79 over the past year, against $2.55 in mid-2024.
CWCO Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $30.9M | -12% |
| Q2 2026 | $32.9M | -2.1% |
| Q1 2026 | $30M | -11% |
| Q4 2025 | $29.6M | +4.4% |
| Q3 2025 | $35.1M | +5.2% |
| Q2 2025 | $33.6M | +3.4% |
| Q1 2025 | $33.7M | -15% |
| Q4 2024 | $28.4M | -47% |
CWCO's revenue has slid since its 2023 peak: $31M last quarter, down 12% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 6.8% | -9.7 points |
| Q2 2026 | 11% | -4.3 points |
| Q1 2026 | 11% | -2.2 points |
| Q4 2025 | 9.1% | +5.3 points |
| Q3 2025 | 16% | +1.8 points |
| Q2 2025 | 16% | +0.3 points |
| Q1 2025 | 14% | -4.8 points |
| Q4 2024 | 3.8% | -20 points |
CWCO's operating margin was 6.8% last quarter, down 9.7 points from the same quarter a year ago.
CWCO Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | -$396.3K | -103% |
| Q2 2026 | $8.5M | +39% |
| Q1 2026 | $4.9M | -52% |
| Q4 2025 | $3.4M | +$7.1M |
| Q3 2025 | $13.5M | +62% |
| Q2 2025 | $6.1M | -69% |
| Q1 2025 | $10.2M | +88% |
| Q4 2024 | -$3.7M | -$2.3M |
CWCO usually generates cash, though not every quarter: the latest was −$396,292, but it generated $16M over the past year.
CWCO Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | 0% | +7.3K shares |
| 1 year | +0.4% | +61K shares |
| 3 years | +1.2% | +187K shares |
| 5 years | +5% | +764K shares |
| Available history | +6.5% | +978K shares |
CWCO has 16M diluted shares, about the same as a year ago.
CWCO Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | -8.2x | Net Cash |
| Q2 2026 | -6.8x | Net Cash |
| Q1 2026 | -6.0x | Net Cash |
| Q4 2025 | -5.6x | Net Cash |
| Q3 2025 | -8.4x | Net Cash |
| Q2 2025 | -7.3x | Net Cash |
| Q1 2025 | -6.5x | Net Cash |
| Q4 2024 | -5.2x | Net Cash |
CWCO has more cash than debt.
CWCO Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 33.5 | Neutral |
| Stochastic | 6.6 | Oversold |
CWCO's weekly RSI is 33 (neutral) and its Stochastic is 7 (oversold).
CWCO PE vs Utilities Sector
| Metric | CWCO | Sector median | Relative |
|---|---|---|---|
| PE | 32x | 20x | 57% above |
| PE % | 51 | 44 | 7 pts above |
CWCO is trading at 32x earnings, a 57% premium to the Utilities sector's median of 20x.
CWCO Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $28.0 | 9.7% below |
| 20 week MA | $28.8 | 12% below |
| 50 week MA | $31.8 | 21% below |
| 100 week MA | $30.5 | 17% below |
| 200 week MA | $28.0 | 9.5% below |
CWCO is in a downtrend: it's below all five of its weekly moving averages, and 9.5% below its 200-week average.
CWCO Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $16.5 | $11.9 | -28% |
| 2021 | $11.9 | $11.0 | -7% |
| 2022 | $11.0 | $14.8 | +34% |
| 2023 | $14.8 | $35.6 | +141% |
| 2024 | $35.6 | $25.6 | -28% |
| 2025 | $25.6 | $35.8 | +40% |
| 2026 YTD | $35.8 | $25.3 | -29% |
CWCO has finished lower in three of the last six years. It's down 29% so far in 2026.