Artesian Resources Corporation

AI-generated fair value estimate for this company.

Method: Same dividend discount model as Class A (ARTNA): $1.28 dividend, 4% growth, 7.5% cost of equity, applied to the identical underlying regulated-utility cash flows, less an ~10% illiquidity discount for the thinly-traded, non-Nasdaq Class B line.

Reasoning: ARTNB represents the same underlying Artesian Resources water-utility business and cash flows as ARTNA but trades far less liquidly outside Nasdaq, warranting a liquidity discount to the otherwise identical fundamental value.