Tidewater Statistics
Total Valuation
Tidewater has a market cap or net worth of $4.64 billion. The enterprise value is $5.13 billion.
| Market Cap | 4.64B |
| Enterprise Value | 5.13B |
Important Dates
The next estimated earnings date is Monday, May 6, 2024, after market close.
| Earnings Date | May 6, 2024 |
| Ex-Dividend Date | n/a |
Share Statistics
Tidewater has 52.27 million shares outstanding. The number of shares has increased by 19.95% in one year.
| Shares Outstanding | 52.27M |
| Shares Change (YoY) | +19.95% |
| Shares Change (QoQ) | +0.87% |
| Owned by Insiders (%) | 2.28% |
| Owned by Institutions (%) | 96.75% |
| Float | 48.22M |
Valuation Ratios
The trailing PE ratio is 48.56 and the forward PE ratio is 16.96. Tidewater's PEG ratio is -0.04.
| PE Ratio | 48.56 |
| Forward PE | 16.96 |
| PS Ratio | 4.63 |
| Forward PS | 3.29 |
| PB Ratio | 4.50 |
| P/FCF Ratio | 63.91 |
| PEG Ratio | -0.04 |
Enterprise Valuation
The stock's EV/EBITDA ratio is 16.15, with an EV/FCF ratio of 70.19.
| EV / Earnings | 52.80 |
| EV / Sales | 5.08 |
| EV / EBITDA | 16.15 |
| EV / EBIT | 27.16 |
| EV / FCF | 70.19 |
Financial Position
The company has a current ratio of 1.80, with a Debt / Equity ratio of 0.71.
| Current Ratio | 1.80 |
| Quick Ratio | 1.65 |
| Debt / Equity | 0.71 |
| Debt / EBITDA | 2.31 |
| Debt / FCF | 10.04 |
| Interest Coverage | 3.90 |
Financial Efficiency
Return on equity (ROE) is 10.10% and return on invested capital (ROIC) is 7.11%.
| Return on Equity (ROE) | 10.10% |
| Return on Assets (ROA) | 5.70% |
| Return on Capital (ROIC) | 7.11% |
| Revenue Per Employee | $138,354 |
| Profits Per Employee | $13,313 |
| Employee Count | 7,300 |
| Asset Turnover | 0.59 |
| Inventory Turnover | 17.87 |
Taxes
In the past 12 months, Tidewater has paid $43.31 million in taxes.
| Income Tax | 43.31M |
| Effective Tax Rate | 30.83% |
Stock Price Statistics
The stock price has increased by +89.95% in the last 52 weeks. The beta is 1.22, so Tidewater's price volatility has been higher than the market average.
| Beta (1Y) | 1.22 |
| 52-Week Price Change | +89.95% |
| 50-Day Moving Average | 83.96 |
| 200-Day Moving Average | 69.63 |
| Relative Strength Index (RSI) | 46.11 |
| Average Volume (30 Days) | 789,037 |
Short Selling Information
The latest short interest is 4.89 million, so 9.35% of the outstanding shares have been sold short.
| Short Interest | 4.89M |
| Short Previous Month | 4.64M |
| Short % of Shares Out | 9.35% |
| Short % of Float | 10.14% |
| Short Ratio (days to cover) | 4.75 |
Income Statement
In the last 12 months, Tidewater had revenue of $1.01 billion and earned $97.19 million in profits. Earnings per share was $1.84.
| Revenue | 1.01B |
| Gross Profit | 449.13M |
| Operating Income | 182.22M |
| Pretax Income | 140.49M |
| Net Income | 97.19M |
| EBITDA | 317.74M |
| EBIT | 188.97M |
| Earnings Per Share (EPS) | $1.84 |
Balance Sheet
The company has $275.68 million in cash and $734.44 million in debt, giving a net cash position of -$458.76 million or -$8.78 per share.
| Cash & Cash Equivalents | 275.68M |
| Total Debt | 734.44M |
| Net Cash | -458.76M |
| Net Cash Per Share | -$8.78 |
| Equity / Book Value | 1.04B |
| Book Value Per Share | 19.88 |
| Working Capital | 262.40M |
Cash Flow
In the last 12 months, operating cash flow was $104.71 million and capital expenditures -$31.59 million, giving a free cash flow of $73.12 million.
| Operating Cash Flow | 104.71M |
| Capital Expenditures | -31.59M |
| Free Cash Flow | 73.12M |
| FCF Per Share | $1.42 |
Margins
Gross margin is 44.47%, with operating and profit margins of 18.04% and 9.62%.
| Gross Margin | 44.47% |
| Operating Margin | 18.04% |
| Pretax Margin | 13.91% |
| Profit Margin | 9.62% |
| EBITDA Margin | 31.46% |
| EBIT Margin | 18.71% |
| FCF Margin | 7.24% |
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 | -19.95% |
| Shareholder Yield | -19.95% |
| Earnings Yield | 2.08% |
| FCF Yield | 1.56% |
Analyst Forecast
The average price target for Tidewater is $93.00, which is 4.81% higher than the current price. The consensus rating is "Strong Buy".
| Price Target | $93.00 |
| Price Target Difference | 4.81% |
| 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 3.25 and a Piotroski F-Score of 6.
| Altman Z-Score | 3.25 |
| Piotroski F-Score | 6 |