TIDEWATER INC (TDW) Stock Fundamental Analysis
USA - NYSE:TDW - US88642R1095 - Common Stock
58.92 USD
+4.24 (+7.75%)
58.95 USD
+0.03 (+0.05%)
Overall TDW gets a fundamental rating of 6 out of 10. We evaluated TDW against 60 industry peers in the Energy Equipment & Services industry. TDW gets an excellent profitability rating and is at the same time showing great financial health properties. TDW has a correct valuation and a medium growth rate. These ratings could make TDW a good candidate for quality 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 multiple years TDW reported negative net income over the last 5 years.
TDW had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
TDW has a better Return On Assets (9.59%) than 91.67% of its industry peers.
TDW's Return On Equity of 17.45% is amongst the best of the industry. TDW outperforms 88.33% of its industry peers.
The Return On Invested Capital of TDW (12.59%) is better than 90.00% of its industry peers.
TDW had an Average Return On Invested Capital over the past 3 years of 7.28%. This is in line with the industry average of 7.85%.
The 3 year average ROIC (7.28%) for TDW is below the current ROIC(12.59%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 9.59% | ||
| ROE | 17.45% | ||
| ROIC | 12.59% |
ROA(3y)3.91%
ROA(5y)-3.14%
ROE(3y)7.69%
ROE(5y)-3.84%
ROIC(3y)7.28%
ROIC(5y)N/A
1.3 Margins
TDW has a Profit Margin of 14.62%. This is amongst the best in the industry. TDW outperforms 88.33% of its industry peers.
Looking at the Operating Margin, with a value of 21.80%, TDW belongs to the top of the industry, outperforming 86.67% of the companies in the same industry.
With an excellent Gross Margin value of 49.46%, TDW belongs to the best of the industry, outperforming 88.33% of the companies in the same industry.
TDW's Gross Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 21.8% | ||
| PM (TTM) | 14.62% | ||
| GM | 49.46% |
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y18.71%
GM growth 5Y8.7%
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 less shares outstanding than it did 1 year ago.
TDW has more shares outstanding than it did 5 years ago.
TDW has a better debt/assets ratio than last year.
2.2 Solvency
An Altman-Z score of 2.73 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 2.73. This is in the better half of the industry: TDW outperforms 71.67% of its industry peers.
TDW has a debt to FCF ratio of 2.19. This is a good value and a sign of high solvency as TDW would need 2.19 years to pay back of all of its debts.
TDW has a better Debt to FCF ratio (2.19) than 75.00% of its industry peers.
TDW has a Debt/Equity ratio of 0.47. This is a healthy value indicating a solid balance between debt and equity.
TDW has a Debt to Equity ratio of 0.47. This is comparable to the rest of the industry: TDW outperforms 41.67% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.47 | ||
| Debt/FCF | 2.19 | ||
| Altman-Z | 2.73 |
ROIC/WACC1.4
WACC8.98%
2.3 Liquidity
A Current Ratio of 2.11 indicates that TDW has no problem at all paying its short term obligations.
The Current ratio of TDW (2.11) is better than 61.67% of its industry peers.
A Quick Ratio of 2.04 indicates that TDW has no problem at all paying its short term obligations.
TDW has a Quick ratio of 2.04. This is in the better half of the industry: TDW outperforms 73.33% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.11 | ||
| Quick Ratio | 2.04 |
3. Growth
3.1 Past
TDW shows a small growth in Earnings Per Share. In the last year, the EPS has grown by 3.53%.
TDW shows a strong growth in Revenue. In the last year, the Revenue has grown by 33.25%.
Measured over the past years, TDW shows a very strong growth in Revenue. The Revenue has been growing by 22.57% on average per year.
EPS 1Y (TTM)3.53%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-39.08%
Revenue 1Y (TTM)33.25%
Revenue growth 3Y53.65%
Revenue growth 5Y22.57%
Sales Q2Q%0.22%
3.2 Future
The Earnings Per Share is expected to grow by 21.89% on average over the next years. This is a very strong growth
Based on estimates for the next years, TDW will show a small growth in Revenue. The Revenue will grow by 3.59% on average per year.
EPS Next Y1.75%
EPS Next 2Y13.57%
EPS Next 3Y21.89%
EPS Next 5YN/A
Revenue Next Year0.07%
Revenue Next 2Y2.52%
Revenue Next 3Y3.59%
Revenue Next 5YN/A
3.3 Evolution
The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
TDW is valuated correctly with a Price/Earnings ratio of 16.74.
Compared to the rest of the industry, the Price/Earnings ratio of TDW indicates a somewhat cheap valuation: TDW is cheaper than 73.33% of the companies listed in the same industry.
TDW is valuated rather cheaply when we compare the Price/Earnings ratio to 26.35, which is the current average of the S&P500 Index.
The Price/Forward Earnings ratio is 13.44, which indicates a correct valuation of TDW.
83.33% of the companies in the same industry are more expensive than TDW, based on the Price/Forward Earnings ratio.
The average S&P500 Price/Forward Earnings ratio is at 33.72. TDW is valued rather cheaply when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 16.74 | ||
| Fwd PE | 13.44 |
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.
Based on the Price/Free Cash Flow ratio, TDW is valued cheaper than 86.67% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 10.19 | ||
| EV/EBITDA | 6.58 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates an expensive valuation of the company.
The excellent profitability rating of TDW may justify a higher PE ratio.
A more expensive valuation may be justified as TDW's earnings are expected to grow with 21.89% in the coming years.
PEG (NY)9.58
PEG (5Y)N/A
EPS Next 2Y13.57%
EPS Next 3Y21.89%
5. Dividend
5.1 Amount
TDW does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
58.92
+4.24 (+7.75%)
Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryEnergy Equipment & Services
Earnings (Last)
Earnings (Next)
Inst Owners104.99%
Inst Owner Change-1.22%
Ins Owners1.74%
Ins Owner Change0.17%
Market Cap2.92B
Revenue(TTM)1.35B
Net Income(TTM)198.86M
Analysts73.33
Price Target67.32 (14.26%)
Short Float %10.03%
Short Ratio6.78
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
Yearly DividendN/A
Dividend Growth(5Y)N/A
DP0%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)113.57%
Min EPS beat(2)29.5%
Max EPS beat(2)197.64%
EPS beat(4)2
Avg EPS beat(4)45.27%
Min EPS beat(4)-25.11%
Max EPS beat(4)197.64%
EPS beat(8)4
Avg EPS beat(8)18.98%
EPS beat(12)5
Avg EPS beat(12)24.81%
EPS beat(16)7
Avg EPS beat(16)16.34%
Revenue beat(2)2
Avg Revenue beat(2)3.47%
Min Revenue beat(2)2.02%
Max Revenue beat(2)4.93%
Revenue beat(4)3
Avg Revenue beat(4)1.19%
Min Revenue beat(4)-2.48%
Max Revenue beat(4)4.93%
Revenue beat(8)6
Avg Revenue beat(8)0.85%
Revenue beat(12)8
Avg Revenue beat(12)2.85%
Revenue beat(16)11
Avg Revenue beat(16)6.78%
PT rev (1m)2.59%
PT rev (3m)13.47%
EPS NQ rev (1m)-6.99%
EPS NQ rev (3m)-33.14%
EPS NY rev (1m)-3.89%
EPS NY rev (3m)10.22%
Revenue NQ rev (1m)-0.47%
Revenue NQ rev (3m)-2.43%
Revenue NY rev (1m)-0.07%
Revenue NY rev (3m)0.22%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 16.74 | ||
| Fwd PE | 13.44 | ||
| P/S | 2.14 | ||
| P/FCF | 10.19 | ||
| P/OCF | 9.35 | ||
| P/B | 2.56 | ||
| P/tB | 2.56 | ||
| EV/EBITDA | 6.58 |
EPS(TTM)3.52
EY5.97%
EPS(NY)4.39
Fwd EY7.44%
FCF(TTM)5.78
FCFY9.81%
OCF(TTM)6.3
OCFY10.69%
SpS27.49
BVpS23.03
TBVpS23.03
PEG (NY)9.58
PEG (5Y)N/A
Graham Number42.71
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 9.59% | ||
| ROE | 17.45% | ||
| ROCE | 17.13% | ||
| ROIC | 12.59% | ||
| ROICexc | 16% | ||
| ROICexgc | 16% | ||
| OM | 21.8% | ||
| PM (TTM) | 14.62% | ||
| GM | 49.46% | ||
| FCFM | 21.03% |
ROA(3y)3.91%
ROA(5y)-3.14%
ROE(3y)7.69%
ROE(5y)-3.84%
ROIC(3y)7.28%
ROIC(5y)N/A
ROICexc(3y)8.81%
ROICexc(5y)N/A
ROICexgc(3y)8.81%
ROICexgc(5y)N/A
ROCE(3y)9.9%
ROCE(5y)N/A
ROICexgc growth 3YN/A
ROICexgc 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 3Y18.71%
GM growth 5Y8.7%
F-Score9
Asset Turnover0.66
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.47 | ||
| Debt/FCF | 2.19 | ||
| Debt/EBITDA | 1.18 | ||
| Cap/Depr | 16.72% | ||
| Cap/Sales | 1.89% | ||
| Interest Coverage | 4.5 | ||
| Cash Conversion | 69.23% | ||
| Profit Quality | 143.87% | ||
| Current Ratio | 2.11 | ||
| Quick Ratio | 2.04 | ||
| Altman-Z | 2.73 |
F-Score9
WACC8.98%
ROIC/WACC1.4
Cap/Depr(3y)20.7%
Cap/Depr(5y)18.95%
Cap/Sales(3y)2.58%
Cap/Sales(5y)2.78%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)3.53%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-39.08%
EPS Next Y1.75%
EPS Next 2Y13.57%
EPS Next 3Y21.89%
EPS Next 5YN/A
Revenue 1Y (TTM)33.25%
Revenue growth 3Y53.65%
Revenue growth 5Y22.57%
Sales Q2Q%0.22%
Revenue Next Year0.07%
Revenue Next 2Y2.52%
Revenue Next 3Y3.59%
Revenue Next 5YN/A
EBIT growth 1Y13.76%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next Year88.09%
EBIT Next 3Y30.07%
EBIT Next 5YN/A
FCF growth 1Y325.56%
FCF growth 3Y243.9%
FCF growth 5YN/A
OCF growth 1Y224.88%
OCF growth 3Y163.28%
OCF growth 5YN/A
TIDEWATER INC / TDW FAQ
What is the ChartMill fundamental rating of TIDEWATER INC (TDW) stock?
ChartMill assigns a fundamental rating of 6 / 10 to TDW.
What is the valuation status of TIDEWATER INC (TDW) stock?
ChartMill assigns a valuation rating of 6 / 10 to TIDEWATER INC (TDW). This can be considered as Fairly Valued.
What is the profitability of TDW stock?
TIDEWATER INC (TDW) has a profitability rating of 8 / 10.
What are the PE and PB ratios of TIDEWATER INC (TDW) stock?
The Price/Earnings (PE) ratio for TIDEWATER INC (TDW) is 16.74 and the Price/Book (PB) ratio is 2.56.
Is the dividend of TIDEWATER INC sustainable?
The dividend rating of TIDEWATER INC (TDW) is 0 / 10 and the dividend payout ratio is 0%.