TIDEWATER INC (TDW)
US88642R1095 - Common Stock
Taking everything into account, TDW scores 6 out of 10 in our fundamental rating. TDW was compared to 60 industry peers in the Energy Equipment & Services industry. Both the profitability and the financial health of TDW get a neutral evaluation. Nothing too spectacular is happening here. An interesting combination arises when we look at growth and value: TDW is growing strongly while it also seems undervalued. These ratings would make TDW suitable for value and growth investing!
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.
Of the past 5 years TDW 4 years had a positive operating cash flow.
1.2 Ratios
With a decent Return On Assets value of 8.86%, TDW is doing good in the industry, outperforming 75.00% of the companies in the same industry.
TDW has a better Return On Equity (16.25%) than 73.33% of its industry peers.
TDW has a better Return On Invested Capital (10.70%) than 78.33% of its industry peers.
| Industry Rank | Sector 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
1.3 Margins
TDW has a Profit Margin of 13.92%. This is amongst the best in the industry. TDW outperforms 86.67% of its industry peers.
The Operating Margin of TDW (21.16%) is better than 83.33% of its industry peers.
Looking at the Gross Margin, with a value of 47.41%, TDW belongs to the top of the industry, outperforming 88.33% of the companies in the same industry.
In the last couple of years the Gross Margin of TDW has grown nicely.
| Industry Rank | Sector 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%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) just above the Cost of Capital (WACC), TDW is creating some value.
The number of shares outstanding for TDW has been increased compared to 1 year ago.
TDW has more shares outstanding than it did 5 years ago.
The debt/assets ratio for TDW is higher compared to a year ago.
2.2 Solvency
An Altman-Z score of 2.62 indicates that TDW is not a great score, but indicates only limited risk for bankruptcy at the moment.
TDW has a Altman-Z score of 2.62. This is in the better half of the industry: TDW outperforms 70.00% 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.
Looking at the Debt to FCF ratio, with a value of 3.28, TDW is in line with its industry, outperforming 58.33% 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 Debt to Equity ratio of 0.54. This is in the lower half of the industry: TDW underperforms 61.67% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.54 | ||
| Debt/FCF | 3.28 | ||
| Altman-Z | 2.62 |
ROIC/WACC1.28
WACC8.35%
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 65.00% 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.
The Quick ratio of TDW (2.19) is better than 80.00% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.29 | ||
| Quick Ratio | 2.19 |
3. Growth
3.1 Past
TDW shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 151.85%, which is quite impressive.
TDW shows a strong growth in Revenue. In the last year, the Revenue has grown by 45.78%.
TDW shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 19.96% yearly.
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 91.05% on average per year.
The Revenue is expected to grow by 22.74% on average over the next years. This is a very strong growth
EPS Next Y155.45%
EPS Next 2Y110.11%
EPS Next 3Y91.05%
EPS Next 5YN/A
Revenue Next Year36.71%
Revenue Next 2Y27.17%
Revenue Next 3Y22.74%
Revenue Next 5YN/A
3.3 Evolution
The Revenue growth rate is stable: in the next years the growth will be about the same than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
With a Price/Earnings ratio of 15.45, TDW is valued correctly.
TDW's Price/Earnings ratio is a bit cheaper when compared to the industry. TDW is cheaper than 70.00% of the companies in the same industry.
The average S&P500 Price/Earnings ratio is at 28.96. TDW is valued slightly cheaper when compared to this.
The Price/Forward Earnings ratio is 6.43, which indicates a rather cheap valuation of TDW.
TDW's Price/Forward Earnings ratio is rather cheap when compared to the industry. TDW is cheaper than 95.00% of the companies in the same industry.
TDW is valuated cheaply when we compare the Price/Forward Earnings ratio to 23.82, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 15.45 | ||
| Fwd PE | 6.43 |
4.2 Price Multiples
The rest of the industry has a similar Enterprise Value to EBITDA ratio as TDW.
TDW's Price/Free Cash Flow is on the same level as the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 13.86 | ||
| EV/EBITDA | 6.9 |
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 91.05% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.1
PEG (5Y)N/A
EPS Next 2Y110.11%
EPS Next 3Y91.05%
5. Dividend
5.1 Amount
No dividends for TDW!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
TIDEWATER INC
NYSE:TDW (11/21/2024, 8:04:00 PM)
After market: 52.53 0 (0%)52.53
+2.09 (+4.14%)
Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryEnergy Equipment & Services
Earnings (Last)
Earnings (Next)
Inst Owners
Inst Owner Change
Ins Owners
Ins Owner Change
Market Cap2.75B
Analysts
Price Target
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
Dividend Growth(5Y)
DP
Div Incr Years
Div Non Decr Years
Ex-Date
Surprises & Revisions
EPS beat(2)
Avg EPS beat(2)
Min EPS beat(2)
Max EPS beat(2)
EPS beat(4)
Avg EPS beat(4)
Min EPS beat(4)
Max EPS beat(4)
EPS beat(8)
Avg EPS beat(8)
EPS beat(12)
Avg EPS beat(12)
EPS beat(16)
Avg EPS beat(16)
Revenue beat(2)
Avg Revenue beat(2)
Min Revenue beat(2)
Max Revenue beat(2)
Revenue beat(4)
Avg Revenue beat(4)
Min Revenue beat(4)
Max Revenue beat(4)
Revenue beat(8)
Avg Revenue beat(8)
Revenue beat(12)
Avg Revenue beat(12)
Revenue beat(16)
Avg Revenue beat(16)
PT rev (1m)
PT rev (3m)
EPS NQ rev (1m)
EPS NQ rev (3m)
EPS NY rev (1m)
EPS NY rev (3m)
Revenue NQ rev (1m)
Revenue NQ rev (3m)
Revenue NY rev (1m)
Revenue NY rev (3m)
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 15.45 | ||
| Fwd PE | 6.43 | ||
| P/S | |||
| P/FCF | |||
| P/OCF | |||
| P/B | |||
| P/tB | |||
| EV/EBITDA |
EPS(TTM)
EY
EPS(NY)
Fwd EY
FCF(TTM)
FCFY
OCF(TTM)
OCFY
SpS
BVpS
TBVpS
PEG (NY)0.1
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 8.86% | ||
| ROE | 16.25% | ||
| ROCE | |||
| ROIC | |||
| ROICexc | |||
| ROICexgc | |||
| OM | 21.16% | ||
| PM (TTM) | 13.92% | ||
| GM | 47.41% | ||
| FCFM |
ROA(3y)
ROA(5y)
ROE(3y)
ROE(5y)
ROIC(3y)
ROIC(5y)
ROICexc(3y)
ROICexc(5y)
ROICexgc(3y)
ROICexgc(5y)
ROCE(3y)
ROCE(5y)
ROICexcg growth 3Y
ROICexcg growth 5Y
ROICexc growth 3Y
ROICexc growth 5Y
OM growth 3Y
OM growth 5Y
PM growth 3Y
PM growth 5Y
GM growth 3Y
GM growth 5Y
F-Score
Asset Turnover0.64
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.54 | ||
| Debt/FCF | |||
| Debt/EBITDA | |||
| Cap/Depr | |||
| Cap/Sales | |||
| Interest Coverage | |||
| Cash Conversion | |||
| Profit Quality | |||
| Current Ratio | 2.29 | ||
| Quick Ratio | 2.19 | ||
| Altman-Z |
F-Score
WACC
ROIC/WACC
Cap/Depr(3y)
Cap/Depr(5y)
Cap/Sales(3y)
Cap/Sales(5y)
Profit Quality(3y)
Profit Quality(5y)
High Growth Momentum
Growth
EPS 1Y (TTM)151.85%
EPS 3YN/A
EPS 5Y
EPS Q2Q%
EPS Next Y155.45%
EPS Next 2Y
EPS Next 3Y
EPS Next 5Y
Revenue 1Y (TTM)45.78%
Revenue growth 3Y36.51%
Revenue growth 5Y
Sales Q2Q%
Revenue Next Year
Revenue Next 2Y
Revenue Next 3Y
Revenue Next 5Y
EBIT growth 1Y
EBIT growth 3Y
EBIT growth 5Y
EBIT Next Year
EBIT Next 3Y
EBIT Next 5Y
FCF growth 1Y
FCF growth 3Y
FCF growth 5Y
OCF growth 1Y
OCF growth 3Y
OCF growth 5Y