Snowflake Score | |
---|---|
Valuation | 0/6 |
Future Growth | 0/6 |
Past Performance | 0/6 |
Financial Health | 6/6 |
Dividends | 0/6 |
TDW Stock Overview
Tidewater Inc., together with its subsidiaries, provides offshore marine support and transportation services to the offshore energy industry through the operation of a fleet of marine service vessels worldwide.
Tidewater Competitors
Price History & Performance
Historical stock prices | |
---|---|
Current Share Price | US$26.81 |
52 Week High | US$28.01 |
52 Week Low | US$9.75 |
Beta | 1.46 |
1 Month Change | 37.98% |
3 Month Change | 81.52% |
1 Year Change | 98.89% |
3 Year Change | 22.03% |
5 Year Change | n/a |
Change since IPO | 7.24% |
Recent News & Updates
Shareholder Returns
TDW | US Energy Services | US Market | |
---|---|---|---|
7D | 5.0% | 7.0% | 1.0% |
1Y | 98.9% | 42.5% | -15.1% |
Return vs Industry: TDW exceeded the US Energy Services industry which returned 42.5% over the past year.
Return vs Market: TDW exceeded the US Market which returned -13.2% over the past year.
Price Volatility
TDW volatility | |
---|---|
TDW Average Weekly Movement | 10.7% |
Energy Services Industry Average Movement | 9.1% |
Market Average Movement | 7.8% |
10% most volatile stocks in US Market | 16.8% |
10% least volatile stocks in US Market | 2.9% |
Stable Share Price: TDW is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 11% a week.
Volatility Over Time: TDW's weekly volatility (11%) has been stable over the past year.
About the Company
Founded | Employees | CEO | Website |
---|---|---|---|
1956 | 4,400 | Quintin Kneen | https://www.tdw.com |
Tidewater Inc., together with its subsidiaries, provides offshore marine support and transportation services to the offshore energy industry through the operation of a fleet of marine service vessels worldwide. It provides services in support of offshore oil and natural gas exploration, field development, and production, as well as windfarm development and maintenance, including towing of and anchor handling for mobile offshore drilling units; transporting supplies and personnel necessary to sustain drilling, workover, and production activities; offshore construction, and seismic and subsea support; geotechnical survey support for windfarm construction; and various specialized services, such as pipe and cable laying. The company operates and charters deepwater vessels, including platform supply and horsepower anchor handling tug supply vessels for use in transporting supplies and equipment from shore bases to deepwater and intermediate water depth offshore drilling rigs and production platforms; towing-supply vessels for use in intermediate and shallow waters; and crew boats, utility vessels, and offshore tugs to transport personnel and supplies from shore bases to offshore drilling rigs, platforms, and other installations.
Tidewater Fundamentals Summary
TDW fundamental statistics | |
---|---|
Market Cap | US$1.12b |
Earnings (TTM) | -US$105.82m |
Revenue (TTM) | US$393.26m |
2.9x
P/S Ratio-10.6x
P/E RatioIs TDW overvalued?
See Fair Value and valuation analysisEarnings & Revenue
TDW income statement (TTM) | |
---|---|
Revenue | US$393.26m |
Cost of Revenue | US$270.83m |
Gross Profit | US$122.43m |
Other Expenses | US$228.25m |
Earnings | -US$105.82m |
Last Reported Earnings
Mar 31, 2022
Next Earnings Date
n/a
Earnings per share (EPS) | -2.53 |
Gross Margin | 31.13% |
Net Profit Margin | -26.91% |
Debt/Equity Ratio | 24.4% |
How did TDW perform over the long term?
See historical performance and comparisonValuation
Is Tidewater undervalued compared to its fair value and its price relative to the market?
Valuation Score
0/6Valuation Score 0/6
Below Fair Value
Significantly Below Fair Value
PE vs Industry
PE vs Market
PEG Ratio
PB vs Industry
1.63x
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: Insufficient data to calculate TDW's fair value for valuation analysis.
Significantly Below Fair Value: Insufficient data to calculate TDW's fair value for valuation analysis.
Price To Earnings Ratio
PE vs Industry: TDW is unprofitable, so we can't compare its Price-To-Earnings Ratio to the US Energy Services industry average.
PE vs Market: TDW is unprofitable, so we can't compare its Price-To-Earnings Ratio to the US market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate TDW's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: TDW is overvalued based on its Price-To-Book Ratio (1.6x) compared to the US Energy Services industry average (1.4x).
Future Growth
How is Tidewater forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?
Future Growth Score
0/6Future Growth Score 0/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Future ROE
5.8%
Forecasted annual revenue growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: Insufficient data to determine if TDW's forecast earnings growth is above the savings rate (1.9%).
Earnings vs Market: Insufficient data to determine if TDW's earnings are forecast to grow faster than the US market
High Growth Earnings: Insufficient data to determine if earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: TDW's revenue (5.8% per year) is forecast to grow slower than the US market (7.7% per year).
High Growth Revenue: TDW's revenue (5.8% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if TDW's Return on Equity is forecast to be high in 3 years time
Past Performance
How has Tidewater performed over the past 5 years?
Past Performance Score
0/6Past Performance Score 0/6
Quality Earnings
Growing Profit Margin
Earnings Trend
Accelerating Growth
Earnings vs Industry
High ROE
54.7%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: TDW is currently unprofitable.
Growing Profit Margin: TDW is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: TDW is unprofitable, but has reduced losses over the past 5 years at a rate of 54.7% per year.
Accelerating Growth: Unable to compare TDW's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: TDW is unprofitable, making it difficult to compare its past year earnings growth to the Energy Services industry (-1.8%).
Return on Equity
High ROE: TDW has a negative Return on Equity (-15.43%), as it is currently unprofitable.
Financial Health
How is Tidewater's financial position?
Financial Health Score
6/6Financial Health Score 6/6
Short Term Liabilities
Long Term Liabilities
Debt Level
Reducing Debt
Stable Cash Runway
Forecast Cash Runway
Financial Position Analysis
Short Term Liabilities: TDW's short term assets ($309.2M) exceed its short term liabilities ($125.5M).
Long Term Liabilities: TDW's short term assets ($309.2M) exceed its long term liabilities ($238.9M).
Debt to Equity History and Analysis
Debt Level: TDW's net debt to equity ratio (4.6%) is considered satisfactory.
Reducing Debt: TDW's debt to equity ratio has reduced from 123.9% to 24.4% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: TDW has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: TDW has sufficient cash runway for 2.4 years if free cash flow continues to reduce at historical rates of 11.8% each year.
Dividend
What is Tidewater current dividend yield, its reliability and sustainability?
Dividend Score
0/6Dividend Score 0/6
Notable Dividend
High Dividend
Stable Dividend
Growing Dividend
Earnings Coverage
Future Dividend Coverage
Dividend Yield vs Market
Notable Dividend: Unable to evaluate TDW's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate TDW's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if TDW's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if TDW's dividend payments have been increasing.
Earnings Payout to Shareholders
Earnings Coverage: TDW is not paying a notable dividend for the US market.
Cash Payout to Shareholders
Cash Flow Coverage: Unable to calculate sustainability of dividends as TDW has not reported any payouts.
Discover strong dividend paying companies
Management
How experienced are the management team and are they aligned to shareholders interests?
2.7yrs
Average management tenure
CEO
Quintin Kneen (55 yo)
2.67yrs
Tenure
US$2,974,513
Compensation
Mr. Quintin V. Kneen serves as President, Chief Executive Officer and Director of Tidewater Inc. since September 3, 2019 and was its Interim Chief Financial Officer since November 15, 2018 until March 9, 2...
CEO Compensation Analysis
Compensation vs Market: Quintin's total compensation ($USD2.97M) is about average for companies of similar size in the US market ($USD3.95M).
Compensation vs Earnings: Quintin's compensation has increased whilst the company is unprofitable.
Leadership Team
Experienced Management: TDW's management team is considered experienced (2.7 years average tenure).
Board Members
Experienced Board: TDW's board of directors are not considered experienced ( 2.7 years average tenure), which suggests a new board.
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: TDW insiders have only sold shares in the past 3 months.
Recent Insider Transactions
Ownership Breakdown
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 2.4%.
Top Shareholders
Company Information
Tidewater Inc.'s employee growth, exchange listings and data sources
Key Information
- Name: Tidewater Inc.
- Ticker: TDW
- Exchange: NYSE
- Founded: 1956
- Industry: Oil and Gas Equipment and Services
- Sector: Energy
- Implied Market Cap: US$1.121b
- Shares outstanding: 41.81m
- Website: https://www.tdw.com
Number of Employees
Location
- Tidewater Inc.
- 842 West Sam Houston Parkway North
- Suite 400
- Houston
- Texas
- 77024
- United States
Listings
Company Analysis and Financial Data Status
Data | Last Updated (UTC time) |
---|---|
Company Analysis | 2022/05/25 00:00 |
End of Day Share Price | 2022/05/25 00:00 |
Earnings | 2022/03/31 |
Annual Earnings | 2021/12/31 |
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.