What is Pure Cycle Corporation's (PCYO) StockRank?

MoatMap's StockRank for Pure Cycle Corporation (PCYO) is 49/100, with a Hold signal. This is a composite score combining Quality (67), Value (28), and Momentum (44) factor ranks across MoatMap's 20,000+ stock universe.

Does Pure Cycle Corporation have an economic moat?

Pure Cycle Corporation (PCYO) has a Quality factor score of 67/100. The Quality factor combines ROIC, Piotroski F-Score, and leverage — the financial fingerprints of a durable competitive advantage. A Quality score above 70 typically indicates a company with the financial characteristics of a moated business.

Is Pure Cycle Corporation a buy, hold, or sell?

MoatMap's current signal for Pure Cycle Corporation (PCYO) is Hold, based on a StockRank of 49/100. Signals are derived mechanically from the StockRank composite and should be one input among many — combine with your own thesis on management, competitive position, and valuation.

What sector is Pure Cycle Corporation in?

Pure Cycle Corporation (PCYO) operates in the Utilities sector, specifically the Utilities - Regulated Water industry (United States).

Company Deep Dive

Business segments breakdown, earnings transcript analysis, management credibility scoring, competitive landscape, and scenario modelling.

Request Deep Dive(50 Feathers)

PCYO

HOLDREMOVE

Pure Cycle Corporation · Utilities · United States · $268M · Avg Vol: $671K/d

StockRank

P/E (TTM)

19.5x

ROE

9.9%

D/E

0.1x

Dividend %

—

Director Trades · 180d

None in 180d →

Buybacks · 180d

None in 180d →

AI CONVICTION THESIS

Pure Cycle owns valuable water assets and land in Colorado, but its monetization is slow and heavily tied to local real estate development. It lacks the explosive global macro tailwinds and scalability required for our high-conviction book.

COMPANY DESCRIPTION

Pure Cycle Corporation is a diversified company with operations in water and wastewater resource development, land development, and oil and gas exploration. The company holds significant water rights in Colorado, which it monetizes through provision of water and wastewater services to new master-planned communities. Its ownership of substantial water resources in an arid region provides a unique and valuable competitive moat.

FINANCIAL SUMMARY (USD)

Year	2022	2023	2024	2025	CAGR
Revenue	23.0M	14.6M	28.7M	26.1M	4.3%
EPS	0.40	0.20	0.48	0.54	10.5%
Shares	24.0M	24.1M	24.1M	24.1M	+0.4%
Debt	4.1M	7.3M	7.0M	6.8M	18.4%
Equity	113.0M	118.2M	129.7M	142.7M	8.1%
Op CF	17.5M	-2.3M	2.3M	13.2M	-9.0%
Inv CF	-6.7M	-9.2M	-4.8M	-9.7M	—
Fin CF	4.0M	2.8M	-0.6M	-0.5M	—

PRICE (1Y)-3.9%

SMA 50SMA 200

$11.17

RSI (14)

66.0

52W High

$12.44

From 52W High

0.9%

SCORE BREAKDOWN

Quality

ROIC

11.9%90.7

ROE

9.9%66.9

GP/Assets

12.2%70.1

Op. Margin

5.1%19.3

FCF/Assets

-1.0%49.6

Piotroski

653.6

Int. Cover

42.0x86.9

D/E Ratio

0.05x92.9

Current Ratio

1.39x71.6

Value

P/E (TTM)

19.5x46.4

EV/EBITDA

19.0x14.3

P/FCF

—N/A

P/B

1.8x41.7

P/S

8.8x4.9

Div Yield

—N/A

Momentum

52W High %

90%71.4

RS 6M

-15%30.4

SMA 50/200

0.99x33.3

EPS Rev 4W

0.0%54.6

EPS Rev 12W

—N/A

EPS Improve

-84%2.9

Q Growth

37%83.5

FUNDAMENTALS

Market Cap

$268M

P/E (Forward)

123.8x

Gross Margin

64.8%

SECTOR PEERS

Closest peers in Utilities, ranked by industry match, size, and score similarity. Cross-listings of PCYO are excluded.

Ticker	Company	Mkt Cap	StockRank	Signal
PCYO	Pure Cycle Corporation(you)	$268M	49	HOLD
ARTNA	Artesian Resources Corporation	$333M	63	HOLD
YORW	The York Water Company	$479M	27	SELL
MSEX	Middlesex Water Company	$969M	35	SELL
GWRS	Global Water Resources, Inc.	$204M	4	STRONG SELL
CDZI	Cadiz Inc.	$327M	0	STRONG SELL
HTO	H2O America	$2.4B	65	BUY
CWT	California Water Service Group	$2.7B	32	SELL
AWR	American States Water Company	$3.0B	70	BUY
WTRG	Essential Utilities, Inc.	$10.5B	39	HOLD

Peer medians: ROE 9.2% · P/E 21.8x · Gross margin 44.9%

Pure Cycle Corporation (PCYO) — Stock Score Summary

Pure Cycle Corporation (PCYO) has a MoatMap StockRank of 49/100 based on Quality (67/100), Value (28/100), and Momentum (44/100) factor scores. The current signal is HOLD. Pure Cycle owns valuable water assets and land in Colorado, but its monetization is slow and heavily tied to local real estate development. It lacks the explosive global macro tailwinds and scalability required for our high-conviction book.

Key Financial Metrics

Price	$11.17
Market Cap	$268M
P/E (TTM)	19.54
P/E (Forward)	123.78
Price/Book	1.81
Return on Equity	9.9%
Return on Invested Capital	11.9%
Debt/Equity	5.36
Gross Margin	64.8%
Operating Margin	5.1%
Revenue Growth	29.4%
Free Cash Flow	$-2M

Pure Cycle Corporation operates in the Utilities - Regulated Water industry, part of the Utilities sector (United States).

Frequently Asked Questions

What is Pure Cycle Corporation’s (PCYO) StockRank?: MoatMap’s StockRank for Pure Cycle Corporation (PCYO) is 49/100, with a Hold signal. It is a composite of Quality (67), Value (28), and Momentum (44) factor ranks across MoatMap’s 20,000+ stock universe.
Does Pure Cycle Corporation have an economic moat?: Pure Cycle Corporation (PCYO) has a Quality factor score of 67/100. The Quality factor combines ROIC, Piotroski F-Score, and leverage — the financial fingerprints of a durable competitive advantage. A Quality score above 70 typically indicates a company with the characteristics of a moated business.
Is Pure Cycle Corporation a buy, hold, or sell?: MoatMap’s current signal for Pure Cycle Corporation (PCYO) is Hold, based on a StockRank of 49/100. Signals are derived mechanically from the StockRank composite and should be one input among many — combine with your own thesis on management, competitive position, and valuation.
What sector is Pure Cycle Corporation in?: Pure Cycle Corporation (PCYO) operates in the Utilities sector, specifically the Utilities - Regulated Water industry (United States).