The Prudent Investor

A Quick Look at Basin Water
January 19, 2007, 7:59 am
Filed under: Water Utilities

The penultimate company in our comparison is Basin Water (NASDAQ:BWTR), with a market cap of $125 Million.

Yahoo Finance offers the following description:

Basin Water, Inc. engages in the design, building, and implementation of groundwater treatment systems in the United States. It offers a proprietary ion-exchange wellhead treatment system that reduces groundwater contaminant levels. The system could be used to treat a range of contaminants, including arsenic, nitrate, and perchlorate. The company markets its systems through direct sales representatives and third-party sales representatives, as well as through strategic relationships to utilities, cities, municipalities, special districts, real estate developers, and other organizations that supply water.

With a current price of $6.65, Yahoo Finance cannot offer a P/E or PEG. Its P/S of 7.2, the highest in thr group, and 1% Revenue Growth, the second lowest in the group, allow us to stop the examination here and toss the company for consideration to the next round.


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