TIDEWATER INC (TDW) Stock Fundamental Analysis
USA - NYSE:TDW - US88642R1095 - Common Stock
55.98 USD
-1.28 (-2.24%)
55.98 USD
0 (0%)
Overall TDW gets a fundamental rating of 6 out of 10. We evaluated TDW against 61 industry peers in the Energy Equipment & Services industry. TDW has outstanding health and profitabily ratings, belonging to the best of the industry. This is a solid base for any company. TDW is not valued too expensively and it also shows a decent growth rate. This makes TDW very considerable for quality investing!
1. Profitability
1.1 Basic Checks
In the past year TDW was profitable.
TDW had a positive operating cash flow in the past year.
The reported net income has been mixed in the past 5 years: TDW reported negative net income in multiple years.
TDW had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
With an excellent Return On Assets value of 9.59%, TDW belongs to the best of the industry, outperforming 88.52% of the companies in the same industry.
Looking at the Return On Equity, with a value of 17.45%, TDW belongs to the top of the industry, outperforming 83.61% of the companies in the same industry.
Looking at the Return On Invested Capital, with a value of 12.59%, TDW belongs to the top of the industry, outperforming 85.25% of the companies in the same industry.
The Average Return On Invested Capital over the past 3 years for TDW is in line with the industry average of 8.01%.
The last Return On Invested Capital (12.59%) for TDW is above the 3 year average (7.28%), which is a sign of increasing profitability.
| 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 better Profit Margin (14.62%) than 88.52% of its industry peers.
The Operating Margin of TDW (21.80%) is better than 85.25% of its industry peers.
TDW has a Gross Margin of 49.46%. This is amongst the best in the industry. TDW outperforms 88.52% of its industry peers.
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
With a Return on Invested Capital (ROIC) just above the Cost of Capital (WACC), TDW is creating some value.
TDW has less shares outstanding than it did 1 year ago.
Compared to 5 years ago, TDW has more shares outstanding
Compared to 1 year ago, TDW has an improved debt to assets ratio.
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's Altman-Z score of 2.81 is fine compared to the rest of the industry. TDW outperforms 75.41% 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 73.77% of its industry peers.
A Debt/Equity ratio of 0.47 indicates that TDW is not too dependend on debt financing.
TDW has a Debt to Equity ratio (0.47) which is in line with its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.47 | ||
| Debt/FCF | 2.19 | ||
| Altman-Z | 2.81 |
ROIC/WACC1.38
WACC9.12%
2.3 Liquidity
TDW has a Current Ratio of 2.11. This indicates that TDW is financially healthy and has no problem in meeting its short term obligations.
TDW's Current ratio of 2.11 is fine compared to the rest of the industry. TDW outperforms 62.30% of its industry peers.
TDW has a Quick Ratio of 2.04. This indicates that TDW is financially healthy and has no problem in meeting its short term obligations.
Looking at the Quick ratio, with a value of 2.04, TDW is in the better half of the industry, outperforming 75.41% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.11 | ||
| Quick Ratio | 2.04 |
3. Growth
3.1 Past
TDW shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 27.81%, which is quite impressive.
Looking at the last year, TDW shows a small growth in Revenue. The Revenue has grown by 7.76% in the last year.
The Revenue has been growing by 22.57% on average over the past years. This is a very strong growth!
EPS 1Y (TTM)27.81%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%55.32%
Revenue 1Y (TTM)7.76%
Revenue growth 3Y53.65%
Revenue growth 5Y22.57%
Sales Q2Q%0.65%
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 25.60% on average per year.
The Revenue is expected to grow by 3.93% on average over the next years.
EPS Next Y3.44%
EPS Next 2Y16.47%
EPS Next 3Y25.6%
EPS Next 5YN/A
Revenue Next Year0.22%
Revenue Next 2Y2.7%
Revenue Next 3Y3.93%
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
The Price/Earnings ratio is 14.50, which indicates a correct valuation of TDW.
Based on the Price/Earnings ratio, TDW is valued a bit cheaper than 63.93% of the companies in the same industry.
The average S&P500 Price/Earnings ratio is at 27.38. TDW is valued slightly cheaper when compared to this.
Based on the Price/Forward Earnings ratio of 12.14, the valuation of TDW can be described as correct.
Based on the Price/Forward Earnings ratio, TDW is valued a bit cheaper than the industry average as 75.41% of the companies are valued more expensively.
Compared to an average S&P500 Price/Forward Earnings ratio of 22.86, TDW is valued a bit cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 14.5 | ||
| Fwd PE | 12.14 |
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.
TDW's Price/Free Cash Flow ratio is a bit cheaper when compared to the industry. TDW is cheaper than 72.13% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 9.68 | ||
| EV/EBITDA | 6.86 |
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.
TDW's earnings are expected to grow with 25.60% in the coming years. This may justify a more expensive valuation.
PEG (NY)4.21
PEG (5Y)N/A
EPS Next 2Y16.47%
EPS Next 3Y25.6%
5. Dividend
5.1 Amount
No dividends for TDW!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
55.98
-1.28 (-2.24%)
Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryEnergy Equipment & Services
Earnings (Last)
Earnings (Next)
Inst Owners104.1%
Inst Owner Change1.03%
Ins Owners1.76%
Ins Owner Change5.55%
Market Cap2.77B
Analysts76.67
Price Target66.3 (18.44%)
Short Float %9.59%
Short Ratio5.43
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)11.75%
PT rev (3m)14.61%
EPS NQ rev (1m)-14.92%
EPS NQ rev (3m)-10.07%
EPS NY rev (1m)12.05%
EPS NY rev (3m)11.64%
Revenue NQ rev (1m)-1.05%
Revenue NQ rev (3m)-1.47%
Revenue NY rev (1m)0.37%
Revenue NY rev (3m)0%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 14.5 | ||
| Fwd PE | 12.14 | ||
| P/S | 2.04 | ||
| P/FCF | 9.68 | ||
| P/OCF | 8.88 | ||
| P/B | 2.43 | ||
| P/tB | 2.43 | ||
| EV/EBITDA | 6.86 |
EPS(TTM)3.86
EY6.9%
EPS(NY)4.61
Fwd EY8.24%
FCF(TTM)5.78
FCFY10.33%
OCF(TTM)6.3
OCFY11.26%
SpS27.49
BVpS23.03
TBVpS23.03
PEG (NY)4.21
PEG (5Y)N/A
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
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 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 | 2.81 |
F-Score9
WACC9.12%
ROIC/WACC1.38
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)27.81%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%55.32%
EPS Next Y3.44%
EPS Next 2Y16.47%
EPS Next 3Y25.6%
EPS Next 5YN/A
Revenue 1Y (TTM)7.76%
Revenue growth 3Y53.65%
Revenue growth 5Y22.57%
Sales Q2Q%0.65%
Revenue Next Year0.22%
Revenue Next 2Y2.7%
Revenue Next 3Y3.93%
Revenue Next 5YN/A
EBIT growth 1Y13.76%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next Year82.62%
EBIT Next 3Y30.85%
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