Tidewater Renewables (7GZ) 주식 개요는 북미에서 재생 가능한 연료를 생산하는 회사입니다. 자세히 보기7GZ 펀더멘털 분석스노우플레이크 점수가치 평가0/6미래 성장3/6과거 실적3/6재무 건전성1/6배당0/6강점수익은 매년 34.56% 증가할 것으로 예상됩니다.올해부터 흑자전환위험 분석이자 지급액이 수익으로 잘 충당되지 않음지난 3개월 동안 주가 변동성이 German 시장과 비교해 높았습니다.모든 위험 점검 보기7GZ Community Fair Values Create NarrativeSee what others think this stock is worth. Follow their fair value or set your own to get alerts.NEW482,450 membersJoin community and earn perksGain real feedbackFrom our editorial team, personally. Not silence.Grow your followingReal investors. The kind who actually invest, not scroll past.Unlock free accessFree premium subscription for consistent and quality authors.Learn moreCreate NarrativeBLINROAG482,450 investors already sharing narrativesYour Fair Value€Current Price€8.458.9% 저평가 내재 할인율Growth estimate overAnnual revenue growth rate5 Yearstime period%/yrDecreaseIncreasePastFuture-360m382m2016201920222025202620282031Revenue CA$381.8mEarnings CA$11.0mAdvancedSet Fair ValueView all narrativesTidewater Renewables Ltd. 경쟁사Deutsche RohstoffSymbol: XTRA:DR0Market cap: €360.2mEnviTec BiogasSymbol: XTRA:ETGMarket cap: €279.9mFriedrich Vorwerk GroupSymbol: XTRA:VH2Market cap: €1.3bDaldrup & SöhneSymbol: XTRA:4DSMarket cap: €146.7m가격 이력 및 성과Tidewater Renewables 주가의 최고가, 최저가 및 변동 요약과거 주가현재 주가CA$8.4552주 최고가CA$8.5552주 최저가CA$1.61베타0.741개월 변동26.12%3개월 변동71.75%1년 변동415.24%3년 변동55.05%5년 변동n/aIPO 이후 변동-14.67%최근 뉴스 및 업데이트Valuation Update With 7 Day Price Move • Jul 10Investor sentiment improves as stock rises 16%After last week's 16% share price gain to €8.35, the stock trades at a forward P/E ratio of 9x. Average forward P/E is 7x in the Oil and Gas industry in Europe. Total returns to shareholders of 53% over the past three years.Valuation Update With 7 Day Price Move • Jun 25Investor sentiment improves as stock rises 23%After last week's 23% share price gain to €8.10, the stock trades at a forward P/E ratio of 8x. Average forward P/E is 7x in the Oil and Gas industry in Europe. Total returns to shareholders of 45% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €4.21 per share.Valuation Update With 7 Day Price Move • Jun 05Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to €6.40, the stock trades at a forward P/E ratio of 7x. Average forward P/E is 8x in the Oil and Gas industry in Europe. Total returns to shareholders of 23% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €3.96 per share.Board Change • May 20High number of new and inexperienced directorsThere are 4 new directors who have joined the board in the last 3 years. The company's board is composed of: 4 new directors. No experienced directors. No highly experienced directors. CEO & Chairman of the Board Jeremy Baines is the most experienced director on the board, commencing their role in 2024. The company’s lack of experienced directors is considered a risk according to the Simply Wall St Risk Model.공고 • Mar 16Tidewater Renewables Ltd., Annual General Meeting, May 26, 2026Tidewater Renewables Ltd., Annual General Meeting, May 26, 2026.공고 • Mar 17Tidewater Renewables Ltd., Annual General Meeting, May 27, 2025Tidewater Renewables Ltd., Annual General Meeting, May 27, 2025.더 많은 업데이트 보기Recent updatesValuation Update With 7 Day Price Move • Jul 10Investor sentiment improves as stock rises 16%After last week's 16% share price gain to €8.35, the stock trades at a forward P/E ratio of 9x. Average forward P/E is 7x in the Oil and Gas industry in Europe. Total returns to shareholders of 53% over the past three years.Valuation Update With 7 Day Price Move • Jun 25Investor sentiment improves as stock rises 23%After last week's 23% share price gain to €8.10, the stock trades at a forward P/E ratio of 8x. Average forward P/E is 7x in the Oil and Gas industry in Europe. Total returns to shareholders of 45% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €4.21 per share.Valuation Update With 7 Day Price Move • Jun 05Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to €6.40, the stock trades at a forward P/E ratio of 7x. Average forward P/E is 8x in the Oil and Gas industry in Europe. Total returns to shareholders of 23% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €3.96 per share.Board Change • May 20High number of new and inexperienced directorsThere are 4 new directors who have joined the board in the last 3 years. The company's board is composed of: 4 new directors. No experienced directors. No highly experienced directors. CEO & Chairman of the Board Jeremy Baines is the most experienced director on the board, commencing their role in 2024. The company’s lack of experienced directors is considered a risk according to the Simply Wall St Risk Model.공고 • Mar 16Tidewater Renewables Ltd., Annual General Meeting, May 26, 2026Tidewater Renewables Ltd., Annual General Meeting, May 26, 2026.공고 • Mar 17Tidewater Renewables Ltd., Annual General Meeting, May 27, 2025Tidewater Renewables Ltd., Annual General Meeting, May 27, 2025.Reported Earnings • Nov 17Third quarter 2024 earnings released: CA$10.46 loss per share (vs CA$0.27 loss in 3Q 2023)Third quarter 2024 results: CA$10.46 loss per share (further deteriorated from CA$0.27 loss in 3Q 2023). Revenue: CA$91.6m (up 278% from 3Q 2023). Net loss: CA$367.1m (loss widened CA$357.7m from 3Q 2023). Revenue is expected to fall by 37% p.a. on average during the next 3 years compared to a 1.1% decline forecast for the Oil and Gas industry in Europe. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 91 percentage points per year, which is a significant difference in performance.New Risk • Nov 16New minor risk - ProfitabilityThe company is currently unprofitable and not forecast to become profitable over the next year. Trailing 12-month net loss: CA$9.5m Forecast net loss in 1 year: CA$2.3m This is considered a minor risk. Companies that are not profitable are more likely to be burning through cash and less likely to be well established. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. Without profits, the company is under pressure to grow significantly while potentially having to reduce costs and possibly needing to take on debt or raise capital to remain afloat. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (21% average weekly change). Minor Risks Currently unprofitable and not forecast to become profitable next year (CA$2.3m net loss next year). Shareholders have been diluted in the past year (4.6% increase in shares outstanding). Market cap is less than US$100m (€28.2m market cap, or US$29.7m).New Risk • Sep 21New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 4.6% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (19% average weekly change). Minor Risks Currently unprofitable and not forecast to become profitable over next 2 years (CA$1.1m net loss in 2 years). Shareholders have been diluted in the past year (4.6% increase in shares outstanding). Market cap is less than US$100m (€48.9m market cap, or US$54.6m).New Risk • Sep 09New minor risk - ProfitabilityThe company is currently unprofitable and not forecast to become profitable over the next 2 years. Trailing 12-month net loss: CA$9.5m Forecast net loss in 2 years: CA$1.1m This is considered a minor risk. Companies that are not profitable are more likely to be burning through cash and less likely to be well established. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. Without profits, the company is under pressure to grow significantly while potentially having to reduce costs and possibly needing to take on debt or raise capital to remain afloat. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (18% average weekly change). Minor Risks Currently unprofitable and not forecast to become profitable over next 2 years (CA$1.1m net loss in 2 years). Market cap is less than US$100m (€61.2m market cap, or US$67.6m).Reported Earnings • Aug 18Second quarter 2024 earnings released: EPS: CA$0.14 (vs CA$0.076 in 2Q 2023)Second quarter 2024 results: EPS: CA$0.14 (up from CA$0.076 in 2Q 2023). Revenue: CA$147.2m (up CA$134.1m from 2Q 2023). Net income: CA$4.94m (up 86% from 2Q 2023). Profit margin: 3.4% (down from 20% in 2Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 2.7% p.a. on average during the next 2 years, compared to a 36% growth forecast for the Oil and Gas industry in Germany.New Risk • Aug 16New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: €87.1m (US$95.8m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Minor Risks Less than 1 year of cash runway based on current free cash flow (-CA$75m). Market cap is less than US$100m (€87.1m market cap, or US$95.8m).Board Change • Jun 02High number of new and inexperienced directorsThere are 4 new directors who have joined the board in the last 3 years. The company's board is composed of: 4 new directors. No experienced directors. No highly experienced directors. Independent Director Greta Raymond is the most experienced director on the board, commencing their role in 2021. The company’s lack of experienced directors is considered a risk according to the Simply Wall St Risk Model.공고 • May 11Tidewater Renewables Ltd. Announces Board and Committee ChangesTidewater Renewables Ltd. named Todd Moser to its board of directors. Moser brings over 35 years of refining, biofuel and environmental experience to Tidewater Renewables. Moser's previous roles include senior leadership positions at Petro-Canada, Maple Leaf Foods and most recently as president and CEO of Terrapure Environmental. Moser also has extensive board experience including service with the Canadian Renewable Fuels Association and the National Renderers Association. Moser has agreed to serve as an independent member on the company’s audit committee, independence committee, and governance, compensation, safety and sustainability committee. In conjunction with Moser's appointment, Jeremy Baines is relinquishing his temporary position on the audit committee.Reported Earnings • May 10First quarter 2024 earnings released: EPS: CA$0.22 (vs CA$0.62 loss in 1Q 2023)First quarter 2024 results: EPS: CA$0.22 (up from CA$0.62 loss in 1Q 2023). Revenue: CA$111.2m (up 459% from 1Q 2023). Net income: CA$7.72m (up CA$29.2m from 1Q 2023). Profit margin: 6.9% (up from net loss in 1Q 2023). The move to profitability was driven by higher revenue. Revenue is forecast to grow 29% p.a. on average during the next 3 years, while revenues in the Oil and Gas industry in Germany are expected to remain flat.공고 • Apr 23+ 1 more updateTidewater Renewables Ltd. Announces Chief Financial Officer Changes, Effective May 16, 2024Tidewater Renewables Ltd. announced that as of May 16, 2024, Raymond Kwan will no longer be the chief financial officer of the corporation. The corporation announced effective May 16, 2024, Ian Quartly will be appointed as the new chief financial officer. Mr. Quartly is a Chartered Accountant and has 19 years of Finance and Accounting experience with the last 10 years of experience at publicly listed midstream and infrastructure entities. He is currently Vice President, Accounting and Finance at Tidewater Midstream and Infrastructure Ltd. and will continue to also serve in that role.공고 • Apr 12Tidewater Renewables Ltd., Annual General Meeting, May 30, 2024Tidewater Renewables Ltd., Annual General Meeting, May 30, 2024.Board Change • Apr 01High number of new and inexperienced directorsThere are 4 new directors who have joined the board in the last 3 years. The company's board is composed of: 4 new directors. No experienced directors. No highly experienced directors. Lead Independent Director John Adams is the most experienced director on the board, commencing their role in 2021. The company’s lack of experienced directors is considered a risk according to the Simply Wall St Risk Model.공고 • Mar 16Tidewater Renewables Ltd. Appoints Jeffery Hamilton to Its Board of DirectorsTidewater Renewables Ltd. named Jeffery Hamilton to its board of directors. Hamilton brings over 25 years of experience as a business leader and strategic advisor to Tidewater Renewables, with previous roles including senior leadership positions at Bank of America Securities (head, investment banking – Canada) and J.P. Morgan (head, energy & power investment banking – Asia Pacific). He is currently the founder and CEO of Longwing Capital Advisors, where he provides strategic and financial advisory services to businesses focused on energy, cleantechand renewables. Hamilton holds an MBA from Columbia Business School and a juris doctor from the University of Toronto, Faculty of Law. On March 13, 2024, Jeremy Baines was appointed as chair of the Tidewater Renewables board of directors.Reported Earnings • Mar 14Full year 2023 earnings released: CA$1.18 loss per share (vs CA$0.75 profit in FY 2022)Full year 2023 results: CA$1.18 loss per share (down from CA$0.75 profit in FY 2022). Revenue: CA$97.7m (up 28% from FY 2022). Net loss: CA$41.0m (down 258% from profit in FY 2022). Revenue is forecast to grow 66% p.a. on average during the next 2 years, while revenues in the Oil and Gas industry in Germany are expected to remain flat.Board Change • Feb 01High number of new and inexperienced directorsThere are 3 new directors who have joined the board in the last 3 years. The company's board is composed of: 3 new directors. No experienced directors. No highly experienced directors. Lead Independent Director John Adams is the most experienced director on the board, commencing their role in 2021. The company’s lack of experienced directors is considered a risk according to the Simply Wall St Risk Model.공고 • Jan 23+ 2 more updatesTidewater Midstream and Infrastructure Ltd. and Tidewater Renewables Ltd. Appoints Jeremy Baines to the BoardsTidewater Midstream and Infrastructure Ltd. and Tidewater Renewables Ltd. Boards of Directors have jointly announced the appointment of Jeremy Baines to the Boards of both companies, effective immediately. This has followed the departure of Robert Colcleugh from the management teams of Tidewater Midstream and Tidewater Renewables and from the board of Tidewater Renewables. With over 27 years of midstream and infrastructure business experience, and a strong background in operations, finance, and corporate development, Mr. Baines brings a deep understanding of the business and industry. Under his leadership, Tidewater Midstream remains committed to building a profitable, diversified midstream and infrastructure company, and Tidewater Renewables will continue to focus on delivering on its commitment to being a leader in the North American energy transition. Mr. Baines has held various operational, financial, and board roles in domestic and global Canadian infrastructure companies over the last 27 years.Board Change • Dec 31High number of new and inexperienced directorsThere are 4 new directors who have joined the board in the last 3 years. The company's board is composed of: 4 new directors. No experienced directors. No highly experienced directors. Lead Independent Director John Adams is the most experienced director on the board, commencing their role in 2021. The company’s lack of experienced directors is considered a risk according to the Simply Wall St Risk Model.New Risk • Nov 15New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of German stocks, typically moving 6.5% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Debt is not well covered by operating cash flow (11% operating cash flow to total debt). Minor Risk Share price has been volatile over the past 3 months (6.5% average weekly change).공고 • Nov 10Tidewater Midstream and Infrastructure Ltd. and Tidewater Renewables Ltd. Appoints Robert Colcleugh as Chief Executive OfficerTidewater Midstream and Infrastructure Ltd. announced that on November 8, 2023, Mr. Robert Colcleugh was appointed Chief Executive officer of both Tidewater and Tidewater Renewables. Mr. Colcleugh joined Tidewater's board of directors in 2017 and has served as interim Chief Executive Officer since November 28, 2022.공고 • Oct 05Tidewater Renewables Ltd. to Report Q3, 2023 Results on Nov 09, 2023Tidewater Renewables Ltd. announced that they will report Q3, 2023 results on Nov 09, 2023New Risk • Aug 13New major risk - Financial positionThe company's debt is not well covered by operating cash flow. Operating cash flow to total debt ratio: 13% This is considered a major risk. If the company's operating cash flows are too small relative to the size of their debt, it increases their balance sheet risk. The company has less cash from operations to cover its expenses from servicing large debt and it increases the risk of liquidity issues. It also extends the time it would take for the company to pay back the debt in full, meaning it may not be able to easily pay it all off in a distress scenario. This is currently the only risk that has been identified for the company.Reported Earnings • Aug 11Second quarter 2023 earnings released: EPS: CA$0.08 (vs CA$0.29 loss in 2Q 2022)Second quarter 2023 results: EPS: CA$0.08 (up from CA$0.29 loss in 2Q 2022). Revenue: CA$13.2m (down 33% from 2Q 2022). Net income: CA$2.65m (up CA$12.7m from 2Q 2022). Profit margin: 20% (up from net loss in 2Q 2022). The move to profitability was driven by lower expenses. Revenue is forecast to grow 74% p.a. on average during the next 3 years, compared to a 1.5% growth forecast for the Oil and Gas industry in Germany.공고 • Aug 11Tidewater Renewables Ltd. Appoints Andrea Decore as Executive Vice-President, Strategy & Corporate DevelopmentTidewater Renewables Ltd. announced the appointment of Andrea Decore as executive vice-president, strategy & corporate development. Before joining Tidewater Renewables, Decore spent over 19 years at Suncor Energy Inc., most recently as vice-president, low carbon fuels & GHG offsets. Additionally, she has served as a board member for several low carbon fuel technology development companies across North America. Decore holds a bachelor of laws degree from the University of Calgary. The company also named Simon Bregazzi to its board of directors. Bregazzi brings 30 years of finance and industry experience to Tidewater Renewables. He spent the first half of his career in finance, ultimately establishing and leading Goldman Sachs's Calgary investment banking office. He spent the second half of his career in energy and energy transition, as a co-founder and CEO of Jupiter Resources, which grew to become Canada's ninth largest natural gas producer, and more recently as co-founder and CEO of Carbon Alpha, a leading provider of carbon capture and storage solutions. Bregazzi holds a bachelor of science in actuarial science from Western University and began his career as a Chartered Accountant.주주 수익률7GZDE Oil and GasDE 시장7D11.2%2.6%0.7%1Y415.2%30.0%0.6%전체 주주 수익률 보기수익률 대 산업: 7GZ은 지난 1년 동안 30%의 수익을 기록한 German Oil and Gas 산업보다 더 좋은 성과를 냈습니다.수익률 대 시장: 7GZ은 지난 1년 동안 0.6%를 기록한 German 시장보다 더 좋은 성과를 냈습니다.주가 변동성Is 7GZ's price volatile compared to industry and market?7GZ volatility7GZ Average Weekly Movement10.8%Oil and Gas Industry Average Movement8.8%Market Average Movement5.4%10% most volatile stocks in DE Market12.8%10% least volatile stocks in DE Market2.8%안정적인 주가: 7GZ의 주가는 지난 3개월 동안 German 시장보다 변동성이 컸습니다.시간에 따른 변동성: 7GZ의 주간 변동성(11%)은 지난 1년 동안 안정적이었지만 German 종목 중 상위 75%보다 높습니다.회사 소개설립직원 수CEO웹사이트202179Jeremy Baineswww.tidewater-renewables.com는 북미에서 재생 가능한 연료를 생산하는 회사입니다. 주요 자산은 프린스 조지 정유 공장에 인접한 재생 디젤 및 재생 수소 단지입니다. 이 회사는 재생 디젤, 재생 수소, 재생 천연가스 등 저탄소 연료 생산에 주력할 계획입니다.더 보기Tidewater Renewables Ltd. 기초 지표 요약Tidewater Renewables의 순이익과 매출은 시가총액과 어떻게 비교됩니까?7GZ 기초 통계시가총액€322.68m순이익 (TTM)€5.09m매출 (TTM)€176.38m64.9x주가수익비율(P/E)1.9x주가매출비율(P/S)7GZ는 고평가되어 있습니까?공정 가치 및 평가 분석 보기순이익 및 매출최근 실적 보고서(TTM)의 주요 수익성 지표7GZ 손익계산서 (TTM)매출CA$283.90m매출원가CA$229.30m총이익CA$54.60m기타 비용CA$46.40m순이익CA$8.20m최근 보고된 실적Mar 31, 2026다음 실적 발표일해당 없음주당순이익(EPS)0.22총이익률19.23%순이익률2.89%부채/자본 비율118.0%7GZ의 장기 실적은 어땠습니까?과거 실적 및 비교 보기View Valuation기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2026/07/15 03:50종가2026/07/15 00:00수익2026/03/31연간 수익2025/12/31데이터 소스당사의 기업 분석에 사용되는 데이터는 S&P Global Market Intelligence LLC에서 제공됩니다. 아래 데이터는 이 보고서를 생성하기 위해 분석 모델에서 사용됩니다. 데이터는 정규화되므로 소스가 제공된 후 지연이 발생할 수 있습니다.패키지데이터기간미국 소스 예시 *기업 재무제표10년손익계산서현금흐름표대차대조표SEC 양식 10-KSEC 양식 10-Q분석가 컨센서스 추정치+3년재무 예측분석가 목표주가분석가 리서치 보고서Blue Matrix시장 가격30년주가배당, 분할 및 기타 조치ICE 시장 데이터SEC 양식 S-1지분 구조10년주요 주주내부자 거래SEC 양식 4SEC 양식 13D경영진10년리더십 팀이사회SEC 양식 10-KSEC 양식 DEF 14A주요 개발10년회사 공시SEC 양식 8-K* 미국 증권에 대한 예시이며, 비(非)미국 증권에는 해당 국가의 규제 서식 및 자료원을 사용합니다.별도로 명시되지 않는 한 모든 재무 데이터는 연간 기간을 기준으로 하지만 분기별로 업데이트됩니다. 이를 TTM(최근 12개월) 또는 LTM(지난 12개월) 데이터라고 합니다. 자세히 알아보기.분석 모델 및 스노우플레이크이 보고서를 생성하는 데 사용된 분석 모델의 세부 정보는 당사의 GitHub 페이지에서 확인하실 수 있습니다. 또한 보고서 사용 방법에 대한 가이드와 YouTube 튜토리얼도 제공하고 있습니다.Simply Wall St 분석 모델을 설계하고 구축한 세계적 수준의 팀에 대해 알아보세요.산업 및 섹터 지표산업 및 섹터 지표는 Simply Wall St가 6시간마다 계산하며, 프로세스에 대한 자세한 내용은 Github에서 확인할 수 있습니다.분석가 소스Tidewater Renewables Ltd.는 8명의 분석가가 다루고 있습니다. 이 중 3명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.분석가기관Trevor ReynoldsAcumen Capital Finance Partners LimitedNathan HeywoodATB CormarkJohn BereznickiCanaccord Genuity5명의 분석가 더 보기
Valuation Update With 7 Day Price Move • Jul 10Investor sentiment improves as stock rises 16%After last week's 16% share price gain to €8.35, the stock trades at a forward P/E ratio of 9x. Average forward P/E is 7x in the Oil and Gas industry in Europe. Total returns to shareholders of 53% over the past three years.
Valuation Update With 7 Day Price Move • Jun 25Investor sentiment improves as stock rises 23%After last week's 23% share price gain to €8.10, the stock trades at a forward P/E ratio of 8x. Average forward P/E is 7x in the Oil and Gas industry in Europe. Total returns to shareholders of 45% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €4.21 per share.
Valuation Update With 7 Day Price Move • Jun 05Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to €6.40, the stock trades at a forward P/E ratio of 7x. Average forward P/E is 8x in the Oil and Gas industry in Europe. Total returns to shareholders of 23% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €3.96 per share.
Board Change • May 20High number of new and inexperienced directorsThere are 4 new directors who have joined the board in the last 3 years. The company's board is composed of: 4 new directors. No experienced directors. No highly experienced directors. CEO & Chairman of the Board Jeremy Baines is the most experienced director on the board, commencing their role in 2024. The company’s lack of experienced directors is considered a risk according to the Simply Wall St Risk Model.
공고 • Mar 16Tidewater Renewables Ltd., Annual General Meeting, May 26, 2026Tidewater Renewables Ltd., Annual General Meeting, May 26, 2026.
공고 • Mar 17Tidewater Renewables Ltd., Annual General Meeting, May 27, 2025Tidewater Renewables Ltd., Annual General Meeting, May 27, 2025.
Valuation Update With 7 Day Price Move • Jul 10Investor sentiment improves as stock rises 16%After last week's 16% share price gain to €8.35, the stock trades at a forward P/E ratio of 9x. Average forward P/E is 7x in the Oil and Gas industry in Europe. Total returns to shareholders of 53% over the past three years.
Valuation Update With 7 Day Price Move • Jun 25Investor sentiment improves as stock rises 23%After last week's 23% share price gain to €8.10, the stock trades at a forward P/E ratio of 8x. Average forward P/E is 7x in the Oil and Gas industry in Europe. Total returns to shareholders of 45% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €4.21 per share.
Valuation Update With 7 Day Price Move • Jun 05Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to €6.40, the stock trades at a forward P/E ratio of 7x. Average forward P/E is 8x in the Oil and Gas industry in Europe. Total returns to shareholders of 23% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €3.96 per share.
Board Change • May 20High number of new and inexperienced directorsThere are 4 new directors who have joined the board in the last 3 years. The company's board is composed of: 4 new directors. No experienced directors. No highly experienced directors. CEO & Chairman of the Board Jeremy Baines is the most experienced director on the board, commencing their role in 2024. The company’s lack of experienced directors is considered a risk according to the Simply Wall St Risk Model.
공고 • Mar 16Tidewater Renewables Ltd., Annual General Meeting, May 26, 2026Tidewater Renewables Ltd., Annual General Meeting, May 26, 2026.
공고 • Mar 17Tidewater Renewables Ltd., Annual General Meeting, May 27, 2025Tidewater Renewables Ltd., Annual General Meeting, May 27, 2025.
Reported Earnings • Nov 17Third quarter 2024 earnings released: CA$10.46 loss per share (vs CA$0.27 loss in 3Q 2023)Third quarter 2024 results: CA$10.46 loss per share (further deteriorated from CA$0.27 loss in 3Q 2023). Revenue: CA$91.6m (up 278% from 3Q 2023). Net loss: CA$367.1m (loss widened CA$357.7m from 3Q 2023). Revenue is expected to fall by 37% p.a. on average during the next 3 years compared to a 1.1% decline forecast for the Oil and Gas industry in Europe. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 91 percentage points per year, which is a significant difference in performance.
New Risk • Nov 16New minor risk - ProfitabilityThe company is currently unprofitable and not forecast to become profitable over the next year. Trailing 12-month net loss: CA$9.5m Forecast net loss in 1 year: CA$2.3m This is considered a minor risk. Companies that are not profitable are more likely to be burning through cash and less likely to be well established. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. Without profits, the company is under pressure to grow significantly while potentially having to reduce costs and possibly needing to take on debt or raise capital to remain afloat. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (21% average weekly change). Minor Risks Currently unprofitable and not forecast to become profitable next year (CA$2.3m net loss next year). Shareholders have been diluted in the past year (4.6% increase in shares outstanding). Market cap is less than US$100m (€28.2m market cap, or US$29.7m).
New Risk • Sep 21New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 4.6% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (19% average weekly change). Minor Risks Currently unprofitable and not forecast to become profitable over next 2 years (CA$1.1m net loss in 2 years). Shareholders have been diluted in the past year (4.6% increase in shares outstanding). Market cap is less than US$100m (€48.9m market cap, or US$54.6m).
New Risk • Sep 09New minor risk - ProfitabilityThe company is currently unprofitable and not forecast to become profitable over the next 2 years. Trailing 12-month net loss: CA$9.5m Forecast net loss in 2 years: CA$1.1m This is considered a minor risk. Companies that are not profitable are more likely to be burning through cash and less likely to be well established. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. Without profits, the company is under pressure to grow significantly while potentially having to reduce costs and possibly needing to take on debt or raise capital to remain afloat. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (18% average weekly change). Minor Risks Currently unprofitable and not forecast to become profitable over next 2 years (CA$1.1m net loss in 2 years). Market cap is less than US$100m (€61.2m market cap, or US$67.6m).
Reported Earnings • Aug 18Second quarter 2024 earnings released: EPS: CA$0.14 (vs CA$0.076 in 2Q 2023)Second quarter 2024 results: EPS: CA$0.14 (up from CA$0.076 in 2Q 2023). Revenue: CA$147.2m (up CA$134.1m from 2Q 2023). Net income: CA$4.94m (up 86% from 2Q 2023). Profit margin: 3.4% (down from 20% in 2Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 2.7% p.a. on average during the next 2 years, compared to a 36% growth forecast for the Oil and Gas industry in Germany.
New Risk • Aug 16New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: €87.1m (US$95.8m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Minor Risks Less than 1 year of cash runway based on current free cash flow (-CA$75m). Market cap is less than US$100m (€87.1m market cap, or US$95.8m).
Board Change • Jun 02High number of new and inexperienced directorsThere are 4 new directors who have joined the board in the last 3 years. The company's board is composed of: 4 new directors. No experienced directors. No highly experienced directors. Independent Director Greta Raymond is the most experienced director on the board, commencing their role in 2021. The company’s lack of experienced directors is considered a risk according to the Simply Wall St Risk Model.
공고 • May 11Tidewater Renewables Ltd. Announces Board and Committee ChangesTidewater Renewables Ltd. named Todd Moser to its board of directors. Moser brings over 35 years of refining, biofuel and environmental experience to Tidewater Renewables. Moser's previous roles include senior leadership positions at Petro-Canada, Maple Leaf Foods and most recently as president and CEO of Terrapure Environmental. Moser also has extensive board experience including service with the Canadian Renewable Fuels Association and the National Renderers Association. Moser has agreed to serve as an independent member on the company’s audit committee, independence committee, and governance, compensation, safety and sustainability committee. In conjunction with Moser's appointment, Jeremy Baines is relinquishing his temporary position on the audit committee.
Reported Earnings • May 10First quarter 2024 earnings released: EPS: CA$0.22 (vs CA$0.62 loss in 1Q 2023)First quarter 2024 results: EPS: CA$0.22 (up from CA$0.62 loss in 1Q 2023). Revenue: CA$111.2m (up 459% from 1Q 2023). Net income: CA$7.72m (up CA$29.2m from 1Q 2023). Profit margin: 6.9% (up from net loss in 1Q 2023). The move to profitability was driven by higher revenue. Revenue is forecast to grow 29% p.a. on average during the next 3 years, while revenues in the Oil and Gas industry in Germany are expected to remain flat.
공고 • Apr 23+ 1 more updateTidewater Renewables Ltd. Announces Chief Financial Officer Changes, Effective May 16, 2024Tidewater Renewables Ltd. announced that as of May 16, 2024, Raymond Kwan will no longer be the chief financial officer of the corporation. The corporation announced effective May 16, 2024, Ian Quartly will be appointed as the new chief financial officer. Mr. Quartly is a Chartered Accountant and has 19 years of Finance and Accounting experience with the last 10 years of experience at publicly listed midstream and infrastructure entities. He is currently Vice President, Accounting and Finance at Tidewater Midstream and Infrastructure Ltd. and will continue to also serve in that role.
공고 • Apr 12Tidewater Renewables Ltd., Annual General Meeting, May 30, 2024Tidewater Renewables Ltd., Annual General Meeting, May 30, 2024.
Board Change • Apr 01High number of new and inexperienced directorsThere are 4 new directors who have joined the board in the last 3 years. The company's board is composed of: 4 new directors. No experienced directors. No highly experienced directors. Lead Independent Director John Adams is the most experienced director on the board, commencing their role in 2021. The company’s lack of experienced directors is considered a risk according to the Simply Wall St Risk Model.
공고 • Mar 16Tidewater Renewables Ltd. Appoints Jeffery Hamilton to Its Board of DirectorsTidewater Renewables Ltd. named Jeffery Hamilton to its board of directors. Hamilton brings over 25 years of experience as a business leader and strategic advisor to Tidewater Renewables, with previous roles including senior leadership positions at Bank of America Securities (head, investment banking – Canada) and J.P. Morgan (head, energy & power investment banking – Asia Pacific). He is currently the founder and CEO of Longwing Capital Advisors, where he provides strategic and financial advisory services to businesses focused on energy, cleantechand renewables. Hamilton holds an MBA from Columbia Business School and a juris doctor from the University of Toronto, Faculty of Law. On March 13, 2024, Jeremy Baines was appointed as chair of the Tidewater Renewables board of directors.
Reported Earnings • Mar 14Full year 2023 earnings released: CA$1.18 loss per share (vs CA$0.75 profit in FY 2022)Full year 2023 results: CA$1.18 loss per share (down from CA$0.75 profit in FY 2022). Revenue: CA$97.7m (up 28% from FY 2022). Net loss: CA$41.0m (down 258% from profit in FY 2022). Revenue is forecast to grow 66% p.a. on average during the next 2 years, while revenues in the Oil and Gas industry in Germany are expected to remain flat.
Board Change • Feb 01High number of new and inexperienced directorsThere are 3 new directors who have joined the board in the last 3 years. The company's board is composed of: 3 new directors. No experienced directors. No highly experienced directors. Lead Independent Director John Adams is the most experienced director on the board, commencing their role in 2021. The company’s lack of experienced directors is considered a risk according to the Simply Wall St Risk Model.
공고 • Jan 23+ 2 more updatesTidewater Midstream and Infrastructure Ltd. and Tidewater Renewables Ltd. Appoints Jeremy Baines to the BoardsTidewater Midstream and Infrastructure Ltd. and Tidewater Renewables Ltd. Boards of Directors have jointly announced the appointment of Jeremy Baines to the Boards of both companies, effective immediately. This has followed the departure of Robert Colcleugh from the management teams of Tidewater Midstream and Tidewater Renewables and from the board of Tidewater Renewables. With over 27 years of midstream and infrastructure business experience, and a strong background in operations, finance, and corporate development, Mr. Baines brings a deep understanding of the business and industry. Under his leadership, Tidewater Midstream remains committed to building a profitable, diversified midstream and infrastructure company, and Tidewater Renewables will continue to focus on delivering on its commitment to being a leader in the North American energy transition. Mr. Baines has held various operational, financial, and board roles in domestic and global Canadian infrastructure companies over the last 27 years.
Board Change • Dec 31High number of new and inexperienced directorsThere are 4 new directors who have joined the board in the last 3 years. The company's board is composed of: 4 new directors. No experienced directors. No highly experienced directors. Lead Independent Director John Adams is the most experienced director on the board, commencing their role in 2021. The company’s lack of experienced directors is considered a risk according to the Simply Wall St Risk Model.
New Risk • Nov 15New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of German stocks, typically moving 6.5% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Debt is not well covered by operating cash flow (11% operating cash flow to total debt). Minor Risk Share price has been volatile over the past 3 months (6.5% average weekly change).
공고 • Nov 10Tidewater Midstream and Infrastructure Ltd. and Tidewater Renewables Ltd. Appoints Robert Colcleugh as Chief Executive OfficerTidewater Midstream and Infrastructure Ltd. announced that on November 8, 2023, Mr. Robert Colcleugh was appointed Chief Executive officer of both Tidewater and Tidewater Renewables. Mr. Colcleugh joined Tidewater's board of directors in 2017 and has served as interim Chief Executive Officer since November 28, 2022.
공고 • Oct 05Tidewater Renewables Ltd. to Report Q3, 2023 Results on Nov 09, 2023Tidewater Renewables Ltd. announced that they will report Q3, 2023 results on Nov 09, 2023
New Risk • Aug 13New major risk - Financial positionThe company's debt is not well covered by operating cash flow. Operating cash flow to total debt ratio: 13% This is considered a major risk. If the company's operating cash flows are too small relative to the size of their debt, it increases their balance sheet risk. The company has less cash from operations to cover its expenses from servicing large debt and it increases the risk of liquidity issues. It also extends the time it would take for the company to pay back the debt in full, meaning it may not be able to easily pay it all off in a distress scenario. This is currently the only risk that has been identified for the company.
Reported Earnings • Aug 11Second quarter 2023 earnings released: EPS: CA$0.08 (vs CA$0.29 loss in 2Q 2022)Second quarter 2023 results: EPS: CA$0.08 (up from CA$0.29 loss in 2Q 2022). Revenue: CA$13.2m (down 33% from 2Q 2022). Net income: CA$2.65m (up CA$12.7m from 2Q 2022). Profit margin: 20% (up from net loss in 2Q 2022). The move to profitability was driven by lower expenses. Revenue is forecast to grow 74% p.a. on average during the next 3 years, compared to a 1.5% growth forecast for the Oil and Gas industry in Germany.
공고 • Aug 11Tidewater Renewables Ltd. Appoints Andrea Decore as Executive Vice-President, Strategy & Corporate DevelopmentTidewater Renewables Ltd. announced the appointment of Andrea Decore as executive vice-president, strategy & corporate development. Before joining Tidewater Renewables, Decore spent over 19 years at Suncor Energy Inc., most recently as vice-president, low carbon fuels & GHG offsets. Additionally, she has served as a board member for several low carbon fuel technology development companies across North America. Decore holds a bachelor of laws degree from the University of Calgary. The company also named Simon Bregazzi to its board of directors. Bregazzi brings 30 years of finance and industry experience to Tidewater Renewables. He spent the first half of his career in finance, ultimately establishing and leading Goldman Sachs's Calgary investment banking office. He spent the second half of his career in energy and energy transition, as a co-founder and CEO of Jupiter Resources, which grew to become Canada's ninth largest natural gas producer, and more recently as co-founder and CEO of Carbon Alpha, a leading provider of carbon capture and storage solutions. Bregazzi holds a bachelor of science in actuarial science from Western University and began his career as a Chartered Accountant.
