HROWL vs MSEX

Comparison between Harrow, Inc. 8.625% Senior Notes due 2026 (HROWL, Company) and Middlesex Water Company (MSEX, Company).

5-Year PerformanceHROWL has outperformed MSEX, delivering a return of +6.7% compared to -7.6%

HROWL vs MSEX - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	HROWL(COMPANY)	MSEX(COMPANY)
Market Cap	$996M	$998M
Max Drawdown	18.26%	61.90%
Sharpe Ratio	0.38	-0.13
5Y Beta	N/A	-0.03
Industry	None	Utilities - Regulated Water
P/E Ratio	-169.17	22.33
Forward P/E	N/A	28.57
PEG Ratio	N/A	18.45
Dividend Yield	8.57%	2.67%
5Y Dividends CAGR	N/A	10.38%
5Y EPS CAGR	N/A	1.92%
Debt to Equity	520.51%	75.71%
Free Cash Flow Yield	1.66%	6.07%
P/S Ratio	3.98	5.04
P/B Ratio	21.34	2.00

Market Cap

HROWL

$996M

Winner

MSEX

$998M

Max Drawdown

Winner

HROWL

18.26%

MSEX

61.90%

Sharpe Ratio

Winner

HROWL

0.38

MSEX

-0.13

5Y Beta

HROWL

N/A

MSEX

-0.03

Industry

HROWL

None

MSEX

Utilities - Regulated Water

P/E Ratio

Winner

HROWL

-169.17

MSEX

22.33

Forward P/E

HROWL

N/A

MSEX

28.57

PEG Ratio

HROWL

N/A

MSEX

18.45

Dividend Yield

Winner

HROWL

8.57%

MSEX

2.67%

5Y Dividends CAGR

HROWL

N/A

MSEX

10.38%

5Y EPS CAGR

HROWL

N/A

MSEX

1.92%

Debt to Equity

HROWL

520.51%

Winner

MSEX

75.71%

Free Cash Flow Yield

HROWL

1.66%

Winner

MSEX

6.07%

P/S Ratio

Winner

HROWL

3.98

MSEX

5.04

P/B Ratio

HROWL

21.34

Winner

MSEX

2.00

HROWL vs MSEX - Historical Returns

Returns include dividend reinvestment.

Period	HROWL	MSEX
1 month	+0.00%	+2.68%
3 months	+0.00%	+2.66%
6 months	N/A	+1.17%
1 year	+3.72%	-4.69%
5 years(CAGR)	+6.67%	-7.62%
10 years(CAGR)	N/A	+5.14%
Max(CAGR)	+7.59%	+7.95%

HROWL

+0.00%

Winner

MSEX

+2.68%

HROWL

+0.00%

Winner

MSEX

+2.66%

HROWL

N/A

MSEX

+1.17%

Winner

HROWL

+3.72%

MSEX

-4.69%

5Y(CAGR)

Winner

HROWL

+6.67%

MSEX

-7.62%

10Y(CAGR)

HROWL

N/A

MSEX

+5.14%

Max(CAGR)

HROWL

+7.59%

Winner

MSEX

+7.95%

HROWL vs MSEX - Annual Returns (1999 - 2026)

Returns include dividend reinvestment.

Year	HROWL	MSEX
2026	+0.00%	+6.77%
2025	+7.87%	+0.70%
2024	+14.76%	-16.86%
2023	+9.61%	-16.67%
2022	-3.23%	-33.11%
2021	+9.96%	+71.90%
2020	N/A	+18.30%
2019	N/A	+24.64%
2018	N/A	+39.40%
2017	N/A	-1.19%
2016	N/A	+68.18%
2015	N/A	+20.07%
2014	N/A	+16.28%
2013	N/A	+8.61%
2012	N/A	+7.82%
2011	N/A	+4.70%
2010	N/A	+6.79%
2009	N/A	+6.64%
2008	N/A	-4.65%
2007	N/A	+4.85%
2006	N/A	+10.48%
2005	N/A	-4.36%
2004	N/A	-4.50%
2003	N/A	+30.48%
2002	N/A	-4.97%
2001	N/A	+10.20%
2000	N/A	+11.93%
1999	N/A	+2.54%

HROWL vs MSEX Drawdown Comparison

The maximum drawdown for HROWL was -10.16%, occurring on Jun 17, 2022. Recovery took 304 trading sessions.

The maximum drawdown for MSEX was -60.52%, occurring on Apr 16, 2024. This drawdown has not yet recovered.

The current HROWL drawdown is -0.43%. The current MSEX drawdown is -51.79%.

Rank	HROWL	MSEX
#1	-10.16% Jan 13, 2022 - Mar 31, 2023	-60.52% Dec 31, 2021 - Apr 16, 2024
#2	-9.02% Jul 20, 2023 - Jan 5, 2024	-41.83% Jul 28, 2005 - Dec 14, 2010
#3	-4.53% Apr 17, 2023 - Jun 27, 2023	-28.80% Feb 18, 2020 - Jun 3, 2020
#4	-2.18% Jun 11, 2021 - Jun 24, 2021	-25.61% Nov 24, 1999 - Dec 22, 2000
#5	-2.17% Jul 15, 2024 - Aug 8, 2024	-25.15% Nov 29, 2017 - Jul 19, 2018
#6	-2.14% Jul 27, 2021 - Oct 18, 2021	-24.96% May 3, 2002 - Jul 15, 2003
#7	-1.93% May 21, 2024 - Jun 4, 2024	-23.96% Dec 12, 2016 - Oct 11, 2017
#8	-1.86% Mar 14, 2024 - Mar 26, 2024	-23.95% Jul 5, 2016 - Dec 8, 2016
#9	-1.73% Feb 2, 2024 - Mar 12, 2024	-21.90% Apr 12, 2004 - Jul 12, 2005
#10	-1.69% Apr 15, 2024 - May 15, 2024	-20.49% Feb 8, 2021 - May 25, 2021
#11	-1.61% Oct 31, 2024 - Jan 6, 2025	-15.93% Dec 14, 2018 - Feb 22, 2019
#12	-1.54% Jul 12, 2021 - Jul 27, 2021	-15.16% Jun 15, 2020 - Nov 10, 2020
#13	-1.46% Mar 31, 2023 - Apr 6, 2023	-14.88% Jul 29, 2003 - Nov 12, 2003
#14	-1.43% Jan 12, 2024 - Feb 2, 2024	-12.71% Sep 8, 2021 - Dec 29, 2021
#15	-1.22% Aug 11, 2025 - Sep 8, 2025	-12.58% Jun 7, 2001 - Jan 17, 2002

Correlation

Correlation between HROWL and MSEX is -0.79 which considered as a strong negative correlation - the stocks tend to move in opposite directions.

-0.79

-101

Dividend Comparison (1999 - 2026)

HROWL vs MSEX dividend yield comparison.

Year	HROWL	MSEX
2026	0.00%	1.36%
2025	6.32%	2.74%
2024	8.53%	2.50%
2023	9.00%	1.92%
2022	9.04%	1.50%
2021	2.01%	1.16%
2020	0.00%	1.44%
2019	0.00%	1.54%
2018	0.00%	1.71%
2017	0.00%	2.15%
2016	0.00%	1.88%
2015	0.00%	2.93%
2014	0.00%	3.31%
2013	0.00%	3.59%
2012	0.00%	3.80%
2011	0.00%	3.93%
2010	0.00%	3.94%
2009	0.00%	4.04%
2008	0.00%	4.08%
2007	0.00%	3.65%
2006	0.00%	3.64%
2005	0.00%	3.88%
2004	0.00%	3.50%
2003	0.00%	2.99%
2002	0.00%	4.03%
2001	0.00%	3.67%
2000	0.00%	3.63%
1999	0.00%	0.95%