Tidewater Statistics
Total Valuation
Tidewater has a market cap or net worth of $4.99 billion. The enterprise value is $5.43 billion.
| Market Cap | 4.99B |
| Enterprise Value | 5.43B |
Important Dates
The next estimated earnings date is Monday, August 5, 2024, after market close.
| Earnings Date | Aug 5, 2024 |
| Ex-Dividend Date | n/a |
Share Statistics
Tidewater has 52.76 million shares outstanding. The number of shares has increased by 1.79% in one year.
| Shares Outstanding | 52.76M |
| Shares Change (YoY) | +1.79% |
| Shares Change (QoQ) | -2.18% |
| Owned by Insiders (%) | 1.90% |
| Owned by Institutions (%) | 96.99% |
| Float | 50.16M |
Valuation Ratios
The trailing PE ratio is 37.56 and the forward PE ratio is 16.15. Tidewater's PEG ratio is -0.04.
| PE Ratio | 37.56 |
| Forward PE | 16.15 |
| PS Ratio | 4.39 |
| Forward PS | 3.40 |
| PB Ratio | 4.73 |
| P/FCF Ratio | 44.28 |
| PEG Ratio | -0.04 |
Enterprise Valuation
The stock's EV/EBITDA ratio is 13.99, with an EV/FCF ratio of 48.14.
| EV / Earnings | 40.69 |
| EV / Sales | 4.77 |
| EV / EBITDA | 13.99 |
| EV / EBIT | 22.47 |
| EV / FCF | 48.14 |
Financial Position
The company has a current ratio of 1.82, with a Debt / Equity ratio of 0.68.
| Current Ratio | 1.82 |
| Quick Ratio | 1.69 |
| Debt / Equity | 0.68 |
| Debt / EBITDA | 1.86 |
| Debt / FCF | 6.41 |
| Interest Coverage | 3.79 |
Financial Efficiency
Return on equity (ROE) is 13.30% and return on invested capital (ROIC) is 10.10%.
| Return on Equity (ROE) | 13.30% |
| Return on Assets (ROA) | 7.10% |
| Return on Capital (ROIC) | 10.10% |
| Revenue Per Employee | $155,897 |
| Profits Per Employee | $18,284 |
| Employee Count | 7,300 |
| Asset Turnover | 0.60 |
| Inventory Turnover | 24.91 |
Taxes
In the past 12 months, Tidewater has paid $44.41 million in taxes.
| Income Tax | 44.41M |
| Effective Tax Rate | 24.96% |
Stock Price Statistics
The stock price has increased by +75.01% in the last 52 weeks. The beta is 1.22, so Tidewater's price volatility has been higher than the market average.
| Beta (5Y) | 1.22 |
| 52-Week Price Change | +75.01% |
| 50-Day Moving Average | 99.43 |
| 200-Day Moving Average | 78.89 |
| Relative Strength Index (RSI) | 45.90 |
| Average Volume (20 Days) | 1,565,223 |
Short Selling Information
The latest short interest is 4.97 million, so 9.42% of the outstanding shares have been sold short.
| Short Interest | 4.97M |
| Short Previous Month | 4.97M |
| Short % of Shares Out | 9.42% |
| Short % of Float | 9.90% |
| Short Ratio (days to cover) | 5.77 |
Income Statement
In the last 12 months, Tidewater had revenue of $1.14 billion and earned $133.47 million in profits. Earnings per share was $2.52.
| Revenue | 1.14B |
| Gross Profit | 525.09M |
| Operating Income | 239.61M |
| Pretax Income | 177.88M |
| Net Income | 133.47M |
| EBITDA | 388.18M |
| EBIT | 241.64M |
| Earnings Per Share (EPS) | $2.52 |
Balance Sheet
The company has $287.33 million in cash and $723.34 million in debt, giving a net cash position of -$436.01 million or -$8.26 per share.
| Cash & Cash Equivalents | 287.33M |
| Total Debt | 723.34M |
| Net Cash | -436.01M |
| Net Cash Per Share | -$8.26 |
| Equity (Book Value) | 1.06B |
| Book Value Per Share | 20.03 |
| Working Capital | 276.37M |
Cash Flow
In the last 12 months, operating cash flow was $146.68 million and capital expenditures -$33.88 million, giving a free cash flow of $112.80 million.
| Operating Cash Flow | 146.68M |
| Capital Expenditures | -33.88M |
| Free Cash Flow | 112.80M |
| FCF Per Share | $2.16 |
Margins
Gross margin is 46.14%, with operating and profit margins of 21.05% and 11.73%.
| Gross Margin | 46.14% |
| Operating Margin | 21.05% |
| Pretax Margin | 15.63% |
| Profit Margin | 11.73% |
| EBITDA Margin | 34.11% |
| EBIT Margin | 21.23% |
| FCF Margin | 9.91% |
Dividends & Yields
Tidewater does not appear to pay any dividends at this time.
| Dividend Per Share | n/a |
| Dividend Yield | n/a |
| Dividend Growth (YoY) | n/a |
| Years of Dividend Growth | n/a |
| Payout Ratio | n/a |
| Buyback Yield | -1.79% |
| Shareholder Yield | -1.79% |
| Earnings Yield | 2.67% |
| FCF Yield | 2.26% |
Analyst Forecast
The average price target for Tidewater is $98.00, which is 3.53% higher than the current price. The consensus rating is "Strong Buy".
| Price Target | $98.00 |
| Price Target Difference | 3.53% |
| Analyst Consensus | Strong Buy |
| Analyst Count | 5 |
| Revenue Growth Forecast (5Y) | n/a |
| EPS Growth Forecast (5Y) | n/a |
Stock Splits
The last stock split was on August 1, 2017. It was a reverse split with a ratio of 31:1000.
| Last Split Date | Aug 1, 2017 |
| Split Type | Reverse |
| Split Ratio | 31:1000 |
Scores
Tidewater has an Altman Z-Score of 3.62 and a Piotroski F-Score of 6.
| Altman Z-Score | 3.62 |
| Piotroski F-Score | 6 |