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TIDEWATER INC (TDW) Stock Fundamental Analysis

NYSE:TDW - New York Stock Exchange, Inc. - US88642R1095 - Common Stock

56.36  +0.4 (+0.71%)

Fundamental Rating

5

TDW gets a fundamental rating of 5 out of 10. The analysis compared the fundamentals against 58 industry peers in the Energy Equipment & Services industry. TDW has only an average score on both its financial health and profitability. A decent growth rate in combination with a cheap valuation! Better keep an eye on TDW. This makes TDW very considerable for value investing!


Dividend Valuation Growth Profitability Health

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6

1. Profitability

1.1 Basic Checks

In the past year TDW was profitable.
In the past year TDW had a positive cash flow from operations.
In the past 5 years TDW reported 4 times negative net income.
TDW had a positive operating cash flow in 4 of the past 5 years.
TDW Yearly Net Income VS EBIT VS OCF VS FCFTDW Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2015 2016 2017 2018 2019 2020 2021 2022 2023 0 200M -200M -400M -600M

1.2 Ratios

With a decent Return On Assets value of 8.86%, TDW is doing good in the industry, outperforming 74.14% of the companies in the same industry.
TDW's Return On Equity of 16.25% is fine compared to the rest of the industry. TDW outperforms 72.41% of its industry peers.
With a decent Return On Invested Capital value of 10.70%, TDW is doing good in the industry, outperforming 77.59% of the companies in the same industry.
Industry RankSector Rank
ROA 8.86%
ROE 16.25%
ROIC 10.7%
ROA(3y)-2.91%
ROA(5y)-6.68%
ROE(3y)-3.85%
ROE(5y)-9.88%
ROIC(3y)N/A
ROIC(5y)N/A
TDW Yearly ROA, ROE, ROICTDW Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2015 2016 2017 2018 2019 2020 2021 2022 2023 0 -10 -20 -30 -40

1.3 Margins

The Profit Margin of TDW (13.92%) is better than 84.48% of its industry peers.
TDW has a Operating Margin of 21.16%. This is amongst the best in the industry. TDW outperforms 84.48% of its industry peers.
TDW has a Gross Margin of 47.41%. This is amongst the best in the industry. TDW outperforms 89.66% of its industry peers.
In the last couple of years the Gross Margin of TDW has grown nicely.
Industry RankSector Rank
OM 21.16%
PM (TTM) 13.92%
GM 47.41%
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y12.23%
GM growth 5Y6.59%
TDW Yearly Profit, Operating, Gross MarginsTDW Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2015 2016 2017 2018 2019 2020 2021 2022 2023 0 -50 -100

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5

2. Health

2.1 Basic Checks

The Return on Invested Capital (ROIC) is just above the Cost of Capital (WACC), so TDW is still creating some value.
TDW has more shares outstanding than it did 1 year ago.
TDW has more shares outstanding than it did 5 years ago.
TDW has a worse debt/assets ratio than last year.
TDW Yearly Shares OutstandingTDW Yearly Shares OutstandingYearly Shares Outstanding 2015 2016 2017 2018 2019 2020 2021 2022 2023 10M 20M 30M 40M 50M
TDW Yearly Total Debt VS Total AssetsTDW Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2015 2016 2017 2018 2019 2020 2021 2022 2023 1B 2B 3B 4B

2.2 Solvency

TDW has an Altman-Z score of 2.81. This is not the best score and indicates that TDW is in the grey zone with still only limited risk for bankruptcy at the moment.
TDW has a Altman-Z score of 2.81. This is in the better half of the industry: TDW outperforms 70.69% of its industry peers.
The Debt to FCF ratio of TDW is 3.28, which is a good value as it means it would take TDW, 3.28 years of fcf income to pay off all of its debts.
With a decent Debt to FCF ratio value of 3.28, TDW is doing good in the industry, outperforming 60.34% of the companies in the same industry.
A Debt/Equity ratio of 0.54 indicates that TDW is somewhat dependend on debt financing.
TDW has a worse Debt to Equity ratio (0.54) than 60.34% of its industry peers.
Industry RankSector Rank
Debt/Equity 0.54
Debt/FCF 3.28
Altman-Z 2.81
ROIC/WACC1.25
WACC8.56%
TDW Yearly LT Debt VS Equity VS FCFTDW Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2015 2016 2017 2018 2019 2020 2021 2022 2023 0 500M 1B 1.5B 2B

2.3 Liquidity

TDW has a Current Ratio of 2.29. This indicates that TDW is financially healthy and has no problem in meeting its short term obligations.
The Current ratio of TDW (2.29) is better than 65.52% of its industry peers.
TDW has a Quick Ratio of 2.19. This indicates that TDW is financially healthy and has no problem in meeting its short term obligations.
TDW has a better Quick ratio (2.19) than 79.31% of its industry peers.
Industry RankSector Rank
Current Ratio 2.29
Quick Ratio 2.19
TDW Yearly Current Assets VS Current LiabilitesTDW Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2015 2016 2017 2018 2019 2020 2021 2022 2023 500M 1B 1.5B 2B

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6

3. Growth

3.1 Past

The Earnings Per Share has grown by an impressive 151.85% over the past year.
The Revenue has grown by 45.78% in the past year. This is a very strong growth!
The Revenue has been growing by 19.96% on average over the past years. This is quite good.
EPS 1Y (TTM)151.85%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%77.55%
Revenue 1Y (TTM)45.78%
Revenue growth 3Y36.51%
Revenue growth 5Y19.96%
Sales Q2Q%13.73%

3.2 Future

Based on estimates for the next years, TDW will show a very strong growth in Earnings Per Share. The EPS will grow by 73.31% on average per year.
The Revenue is expected to grow by 18.82% on average over the next years. This is quite good.
EPS Next Y101.67%
EPS Next 2Y72.05%
EPS Next 3Y73.31%
EPS Next 5YN/A
Revenue Next Year31.94%
Revenue Next 2Y19.84%
Revenue Next 3Y18.82%
Revenue Next 5YN/A

3.3 Evolution

When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is stable.
TDW Yearly Revenue VS EstimatesTDW Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 500M 1B 1.5B
TDW Yearly EPS VS EstimatesTDW Yearly EPS VS EstimatesYearly EPS VS Estimates 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 0 5 -5

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7

4. Valuation

4.1 Price/Earnings Ratio

The Price/Earnings ratio is 16.58, which indicates a correct valuation of TDW.
Compared to the rest of the industry, the Price/Earnings ratio of TDW indicates a somewhat cheap valuation: TDW is cheaper than 67.24% of the companies listed in the same industry.
TDW is valuated rather cheaply when we compare the Price/Earnings ratio to 28.29, which is the current average of the S&P500 Index.
The Price/Forward Earnings ratio is 10.29, which indicates a very decent valuation of TDW.
81.03% of the companies in the same industry are more expensive than TDW, based on the Price/Forward Earnings ratio.
TDW's Price/Forward Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 24.44.
Industry RankSector Rank
PE 16.58
Fwd PE 10.29
TDW Price Earnings VS Forward Price EarningsTDW Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 10 20 30

4.2 Price Multiples

Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of TDW is on the same level as its industry peers.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of TDW indicates a somewhat cheap valuation: TDW is cheaper than 62.07% of the companies listed in the same industry.
Industry RankSector Rank
P/FCF 14.87
EV/EBITDA 7.56
TDW Per share dataTDW EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 5 10 15 20

4.3 Compensation for Growth

The low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
The decent profitability rating of TDW may justify a higher PE ratio.
TDW's earnings are expected to grow with 73.31% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.16
PEG (5Y)N/A
EPS Next 2Y72.05%
EPS Next 3Y73.31%

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0

5. Dividend

5.1 Amount

No dividends for TDW!.
Industry RankSector Rank
Dividend Yield N/A

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TIDEWATER INC

NYSE:TDW (1/22/2025, 11:34:10 AM)

56.36

+0.4 (+0.71%)

Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryEnergy Equipment & Services
Earnings (Last)11-07 2024-11-07/amc
Earnings (Next)N/A N/A
Inst Owners103.77%
Inst Owner Change0.3%
Ins Owners1.13%
Ins Owner Change1.08%
Market Cap2.95B
Analysts83.33
Price Target88.59 (57.19%)
Short Float %13.78%
Short Ratio6.05
Dividend
Industry RankSector Rank
Dividend Yield N/A
Yearly Dividend0
Dividend Growth(5Y)N/A
DP0%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)-9.48%
Min EPS beat(2)-20.96%
Max EPS beat(2)1.99%
EPS beat(4)2
Avg EPS beat(4)2.84%
Min EPS beat(4)-20.96%
Max EPS beat(4)42.68%
EPS beat(8)2
Avg EPS beat(8)-12.91%
EPS beat(12)5
Avg EPS beat(12)5.24%
EPS beat(16)6
Avg EPS beat(16)-2.96%
Revenue beat(2)1
Avg Revenue beat(2)-0.38%
Min Revenue beat(2)-2.48%
Max Revenue beat(2)1.72%
Revenue beat(4)2
Avg Revenue beat(4)-0.49%
Min Revenue beat(4)-3.07%
Max Revenue beat(4)1.89%
Revenue beat(8)4
Avg Revenue beat(8)-0.91%
Revenue beat(12)8
Avg Revenue beat(12)8.56%
Revenue beat(16)9
Avg Revenue beat(16)6.57%
PT rev (1m)0%
PT rev (3m)-26.18%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-48.27%
EPS NY rev (1m)0%
EPS NY rev (3m)-22.21%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-10.58%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-3.7%
Valuation
Industry RankSector Rank
PE 16.58
Fwd PE 10.29
P/S 2.26
P/FCF 14.87
P/OCF 12.83
P/B 2.64
P/tB 2.64
EV/EBITDA 7.56
EPS(TTM)3.4
EY6.03%
EPS(NY)5.48
Fwd EY9.72%
FCF(TTM)3.79
FCFY6.73%
OCF(TTM)4.39
OCFY7.79%
SpS24.91
BVpS21.34
TBVpS21.34
PEG (NY)0.16
PEG (5Y)N/A
Profitability
Industry RankSector Rank
ROA 8.86%
ROE 16.25%
ROCE 15.55%
ROIC 10.7%
ROICexc 12.71%
ROICexgc 12.71%
OM 21.16%
PM (TTM) 13.92%
GM 47.41%
FCFM 15.22%
ROA(3y)-2.91%
ROA(5y)-6.68%
ROE(3y)-3.85%
ROE(5y)-9.88%
ROIC(3y)N/A
ROIC(5y)N/A
ROICexc(3y)N/A
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)N/A
ROCE(5y)N/A
ROICexcg growth 3YN/A
ROICexcg growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5YN/A
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y12.23%
GM growth 5Y6.59%
F-Score9
Asset Turnover0.64
Health
Industry RankSector Rank
Debt/Equity 0.54
Debt/FCF 3.28
Debt/EBITDA 1.37
Cap/Depr 19.62%
Cap/Sales 2.41%
Interest Coverage 3.82
Cash Conversion 52.7%
Profit Quality 109.33%
Current Ratio 2.29
Quick Ratio 2.19
Altman-Z 2.81
F-Score9
WACC8.56%
ROIC/WACC1.25
Cap/Depr(3y)18.89%
Cap/Depr(5y)20.09%
Cap/Sales(3y)2.7%
Cap/Sales(5y)3.11%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)151.85%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%77.55%
EPS Next Y101.67%
EPS Next 2Y72.05%
EPS Next 3Y73.31%
EPS Next 5YN/A
Revenue 1Y (TTM)45.78%
Revenue growth 3Y36.51%
Revenue growth 5Y19.96%
Sales Q2Q%13.73%
Revenue Next Year31.94%
Revenue Next 2Y19.84%
Revenue Next 3Y18.82%
Revenue Next 5YN/A
EBIT growth 1Y117.68%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next Year204.77%
EBIT Next 3Y67.15%
EBIT Next 5YN/A
FCF growth 1Y1320.43%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y12497.4%
OCF growth 3Y196.92%
OCF growth 5Y93.1%