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57.68 (1y: +26%)
Market Cap 2.81 B P/E(ttm) 21.00
Enterprise Value 3.68 B P/B 1.13
TDW- NYSE (USA)
Tidewater, Inc.
  • Currently 1/5
Business Predictability Rank: 1-Star
Back Testing Results:
Average gain of all 1-Star stocks: 1.1% per year.
% of Stocks that are in still loss if held for 10yrs: 45%.
Read more:
What is Predictability Rank?
Performances of real portfolio
Top Ranked Predictable Companies
$57.68
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GuruFocus Financial Strength Rank measures how strong a companyÂ’s financial situation is. It is based on these factors

1. The debt burden that the company has as measured by its Interest coverage (current year).
2. Debt to revenue ratio. The lower, the better
3. Altman Z-score.

A company ranks high with financial strength is likely to withstand any business slowdowns and recessions.

Financial Strength : 4/10

vs
industry		 vs
history
Cash to Debt 0.338
TDW's Cash to Debt is ranked lower than
71% of the 433 Companies
in the Global Shipping & Ports industry.

( Industry Median: 0.49 vs. TDW: 0.338 )
TDW' s 10-Year Cash to Debt Range
Min: 0.04   Max: No Debt
Current: 0.34
Equity to Asset 0.549
TDW's Equity to Asset is ranked higher than
76% of the 433 Companies
in the Global Shipping & Ports industry.

( Industry Median: 0.38 vs. TDW: 0.549 )
TDW' s 10-Year Equity to Asset Range
Min: 0.5   Max: 0.65
Current: 0.55
0.5
0.65
Interest Coverage 6
TDW's Interest Coverage is ranked lower than
57% of the 433 Companies
in the Global Shipping & Ports industry.

( Industry Median: 12.85 vs. TDW: 6 )
TDW' s 10-Year Interest Coverage Range
Min: 6   Max: No Debt
Current: 6
F-Score: 6
Z-Score: 2.43
M-Score: -2.5
GuruFocus Profitability Rank ranks how profitable a company is and how likely the companyÂ’s business will stay that way. It is based on these factors:

1. Operating Margin
2. Trend of the Operating Margin (5-year average). The company with an uptrend profit margin has a higher rank.
••3. Consistency of the profitability
4. Piotroski F-Score
5. Predictability Rank•

The maximum rank is 10. A rank of 7 or higher means a higher profitability and may stay that way. A rank of 3 or lower indicates that the company has had trouble to make a profit.

Profitability Rank is not directly related to the Financial Strength Rank. But if a company is consistently profitable, its financial strength will be stronger.

Profitability & Growth : 5/10

vs
industry		 vs
history
Operating margin (%) 10.60
TDW's Operating margin (%) is ranked higher than
76% of the 433 Companies
in the Global Shipping & Ports industry.

( Industry Median: 5.70 vs. TDW: 10.60 )
TDW' s 10-Year Operating margin (%) Range
Min: 7.8   Max: 38.3
Current: 10.6
7.8
38.3
Net-margin (%) 8.2
TDW's Net-margin (%) is ranked higher than
80% of the 433 Companies
in the Global Shipping & Ports industry.

( Industry Median: 3.20 vs. TDW: 8.2 )
TDW' s 10-Year Net-margin (%) Range
Min: 6.4   Max: 31.7
Current: 8.2
6.4
31.7
ROE (%) 3.5
TDW's ROE (%) is ranked lower than
51% of the 433 Companies
in the Global Shipping & Ports industry.

( Industry Median: 6.00 vs. TDW: 3.5 )
TDW' s 10-Year ROE (%) Range
Min: 3   Max: 19.7
Current: 3.5
3
19.7
ROA (%) 2.2
TDW's ROA (%) is ranked higher than
55% of the 433 Companies
in the Global Shipping & Ports industry.

( Industry Median: 2.40 vs. TDW: 2.2 )
TDW' s 10-Year ROA (%) Range
Min: 2   Max: 15.1
Current: 2.2
2
15.1
ROC (Joel Greenblatt) (%) 3.70
TDW's ROC (Joel Greenblatt) (%) is ranked lower than
58% of the 433 Companies
in the Global Shipping & Ports industry.

( Industry Median: 8.00 vs. TDW: 3.70 )
TDW' s 10-Year ROC (Joel Greenblatt) (%) Range
Min: 3.5   Max: 31.9
Current: 3.7
3.5
31.9
Revenue Growth (%) -6.4
TDW's Revenue Growth (%) is ranked higher than
71% of the 433 Companies
in the Global Shipping & Ports industry.

( Industry Median: -1.80 vs. TDW: -6.4 )
TDW' s 10-Year Revenue Growth (%) Range
Min: -6.5   Max: 17.9
Current: -6.4
-6.5
17.9
EBITDA Growth (%) -19.2
TDW's EBITDA Growth (%) is ranked higher than
72% of the 433 Companies
in the Global Shipping & Ports industry.

( Industry Median: 0.50 vs. TDW: -19.2 )
TDW' s 10-Year EBITDA Growth (%) Range
Min: -19.2   Max: 38.4
Current: -19.2
-19.2
38.4
EPS Growth (%) -31.9
TDW's EPS Growth (%) is ranked higher than
61% of the 433 Companies
in the Global Shipping & Ports industry.

( Industry Median: 2.10 vs. TDW: -31.9 )
TDW' s 10-Year EPS Growth (%) Range
Min: -31.9   Max: 71.5
Current: -31.9
-31.9
71.5
» TDW's 10-Y Financials

Financials


Revenue & Net Income
Cash & Debt
Oprt. Cash Flow & Free Cash Flow

» Details

Guru Trades
Q2 2012

TDW Guru Trades in Q2 2012

Jim Simons 465,642 sh (+7291.14%)
NWQ Managers 315,400 sh (+19.61%)
Arnold Van Den Berg 264,133 sh (+2.64%)
First Pacific Advisors 2,400 sh (unchged)
Third Avenue Management 21,210 sh (unchged)
Manning & Napier Advisors, Inc 121,110 sh (unchged)
Paul Tudor Jones Sold Out
Chuck Royce 101,600 sh (-15.75%)
Steven Cohen 8,948 sh (-38.37%)
» More
Q3 2012

TDW Guru Trades in Q3 2012

John Burbank 8,328 sh (New)
First Pacific Advisors 2,400 sh (unchged)
NWQ Managers 315,400 sh (unchged)
Chuck Royce 101,600 sh (unchged)
Steven Cohen Sold Out
Manning & Napier Advisors, Inc Sold Out
Jim Simons Sold Out
Arnold Van Den Berg 258,675 sh (-2.07%)
Third Avenue Management 14,000 sh (-33.99%)
» More
Q4 2012

TDW Guru Trades in Q4 2012

Arnold Van Den Berg 492,229 sh (+90.29%)
John Burbank Sold Out
Chuck Royce 178,900 sh (-82.39%)
First Pacific Advisors 2,400 sh (-90%)
Third Avenue Management 14,000 sh (-90%)
NWQ Managers 166,900 sh (-94.71%)
» More
Q1 2013

TDW Guru Trades in Q1 2013

Paul Tudor Jones 9,100 sh (New)
Chuck Royce 1,307,700 sh (+7209.67%)
NWQ Managers 169,660 sh (+916.54%)
Third Avenue Management 14,000 sh (+900%)
First Pacific Advisors 2,200 sh (+816.67%)
Arnold Van Den Berg 484,913 sh (-1.49%)
» More
» Details

Insider Trades

Latest Guru Trades with TDW

GuruDate Trades Impact to Portfolio Price Range * (?) Current Price Change from Average Current Shares
NWQ Managers 2013-03-31 Add 916.54%0.06%$44.68 - $50.76 $ 57.6821%169660
Third Avenue Management 2013-03-31 Add 900%0.01%$44.68 - $50.76 $ 57.6821%14000
Arnold Van Den Berg 2012-12-31 Add 90.29%1.15%$42.98 - $48.92 $ 57.6826%492229
NWQ Managers 2012-12-31 Reduce -94.71%0.1%$42.98 - $48.92 $ 57.6826%166900
John Burbank 2012-12-31 Sold Out 0.02%$42.98 - $48.92 $ 57.6826%0
Third Avenue Management 2012-12-31 Reduce -90%0.01%$42.98 - $48.92 $ 57.6826%14000
John Burbank 2012-09-30 New Buy0.02%$46.6 - $50.41 $ 57.6819%8328
Third Avenue Management 2012-09-30 Reduce -33.99%0.01%$46.6 - $50.41 $ 57.6819%14000
Premium More recent guru trades are included for Premium Members only!!

Top Ranked Articles about Tidewater, Inc.

Chuck Royce Buys Stifel Financial, Tidewater, Alamos, Sells Kennametal, Gardner Denver, Gartner
April 25, 2013
Chuck Royce - Chuck Royce Buys Stifel Financial, Tidewater, Alamos, Sells Kennametal, Gardner Denver, Gartner
Small cap Guru Chuck Royce just reported his first quarter portfolio. Royce Premier Fund (RYPRX) has gained 6% a year over the past 5 years while the S&P 500 gained just 1.5% a year in the same period. Running a small cap portfolio, Royce Funds own more than a thousand stocks worth more than $30 billion. These are the details of the buys and sells that have the impact to portfolio of more than .1%. Read more...

Ratios

vs
industry		 vs
history
P/E(ttm) 21.00
TDW's P/E(ttm) is ranked higher than
71% of the 433 Companies
in the Global Shipping & Ports industry.

( Industry Median: 18.14 vs. TDW: 21.00 )
TDW' s 10-Year P/E(ttm) Range
Min: 4.06   Max: 56.89
Current: 21
4.06
56.89
P/B 1.13
TDW's P/B is ranked higher than
62% of the 433 Companies
in the Global Shipping & Ports industry.

( Industry Median: 1.13 vs. TDW: 1.13 )
TDW' s 10-Year P/B Range
Min: 0.74   Max: 2.5
Current: 1.13
0.74
2.5
P/S 2.40
TDW's P/S is ranked lower than
76% of the 433 Companies
in the Global Shipping & Ports industry.

( Industry Median: 0.61 vs. TDW: 2.40 )
TDW' s 10-Year P/S Range
Min: 1.19   Max: 4.86
Current: 2.4
1.19
4.86
EV-to-EBIT 18.97
TDW's EV-to-EBIT is ranked higher than
61% of the 433 Companies
in the Global Shipping & Ports industry.

( Industry Median: 14.30 vs. TDW: 18.97 )
TDW' s 10-Year EV-to-EBIT Range
Min: 3.7   Max: 56.9
Current: 18.97
3.7
56.9
Shiller P/E 12.18
TDW's Shiller P/E is ranked higher than
87% of the 433 Companies
in the Global Shipping & Ports industry.

( Industry Median: 13.80 vs. TDW: 12.18 )
TDW' s 10-Year Shiller P/E Range
Min: 6.85   Max: 28.21
Current: 12.18
6.85
28.21

Dividend & Buy Back

vs
industry		 vs
history
Dividend Yield 1.73
TDW's Dividend Yield is ranked higher than
67% of the 433 Companies
in the Global Shipping & Ports industry.

( Industry Median: 2.02 vs. TDW: 1.73 )
TDW' s 10-Year Dividend Yield Range
Min: 0.78   Max: 3.12
Current: 1.73
0.78
3.12
Dividend Payout 0.6
TDW's Dividend Payout is ranked higher than
83% of the 433 Companies
in the Global Shipping & Ports industry.

( Industry Median: 0.61 vs. TDW: 0.6 )
TDW' s 10-Year Dividend Payout Range
Min: 0.09   Max: 0.82
Current: 0.6
0.09
0.82
Yield on cost (5-Year) 2.84
TDW's Yield on cost (5-Year) is ranked higher than
84% of the 433 Companies
in the Global Shipping & Ports industry.

( Industry Median: 1.95 vs. TDW: 2.84 )
TDW' s 10-Year Yield on cost (5-Year) Range
Min: 1.3   Max: 5.21
Current: 2.84
1.3
5.21
Share Buyback Rate 0.1
TDW's Share Buyback Rate is ranked higher than
85% of the 433 Companies
in the Global Shipping & Ports industry.

( Industry Median: -0.60 vs. TDW: 0.1 )
TDW' s 10-Year Share Buyback Rate Range
Min: 2.9   Max: -0.6
Current: 0.1

Valuation & Return

vs
industry		 vs
history
Price/Net Current Asset Value 12.1
TDW's Price/Net Current Asset Value is ranked higher than
84% of the 433 Companies
in the Global Shipping & Ports industry.

( Industry Median: 8.00 vs. TDW: 12.1 )
TDW' s 10-Year Price/Net Current Asset Value Range
Min: 7.4   Max: 19.5
Current: 12.1
7.4
19.5
Price/Tangible Book 1.2
TDW's Price/Tangible Book is ranked higher than
70% of the 433 Companies
in the Global Shipping & Ports industry.

( Industry Median: 1.45 vs. TDW: 1.2 )
TDW' s 10-Year Price/Tangible Book Range
Min: 1   Max: 3
Current: 1.2
1
3
Price/DCF (Projected) 1.7
TDW's Price/DCF (Projected) is ranked lower than
80% of the 433 Companies
in the Global Shipping & Ports industry.

( Industry Median: 1.00 vs. TDW: 1.7 )
TDW' s 10-Year Price/DCF (Projected) Range
Min: 0.8   Max: 6.4
Current: 1.7
0.8
6.4
Price/Median PS Value 1
TDW's Price/Median PS Value is ranked lower than
86% of the 433 Companies
in the Global Shipping & Ports industry.

( Industry Median: 0.80 vs. TDW: 1 )
TDW' s 10-Year Price/Median PS Value Range
Min: 0.5   Max: 1.6
Current: 1
0.5
1.6
Price/Graham Number 1.3
TDW's Price/Graham Number is ranked higher than
75% of the 433 Companies
in the Global Shipping & Ports industry.

( Industry Median: 1.00 vs. TDW: 1.3 )
TDW' s 10-Year Price/Graham Number Range
Min: 0.5   Max: 2
Current: 1.3
0.5
2
Earnings Yield (Greenblatt) 5.30
TDW's Earnings Yield (Greenblatt) is ranked higher than
78% of the 433 Companies
in the Global Shipping & Ports industry.

( Industry Median: 7.10 vs. TDW: 5.30 )
TDW' s 10-Year Earnings Yield (Greenblatt) Range
Min: 1.8   Max: 27.3
Current: 5.3
1.8
27.3
Forward Rate of Return (Yacktman) -18.72
TDW's Forward Rate of Return (Yacktman) is ranked higher than
70% of the 433 Companies
in the Global Shipping & Ports industry.

( Industry Median: 3.78 vs. TDW: -18.72 )
TDW' s 10-Year Forward Rate of Return (Yacktman) Range
Min: -20.9   Max: 42.6
Current: -18.72
-20.9
42.6

Business Description

Tidewater Inc. was incorporated in 1956 and conducts its operations through wholly-owned subsidiaries and joint ventures. The company provides offshore service vessels and marine support services to the global offshore energy industry through the operation of a diversified fleet of marine service vessels. The company provides offshore vessel services in support of all phases of offshore exploration, field development and production, 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, ROV operations, and seismic support; and a variety of specialized services such as pipe and cable laying. The size and composition of the company's offshore service vessel fleet includes vessels that are operated under joint ventures, as well as vessels that have been stacked or withdrawn from service. At March 31, 2012, the company had 342 vessels (of which 10 were owned by joint ventures, 67 were stacked and two were withdrawn from service) available to serve the global energy industry. The company also operates two shipyards, which construct, modify and repair vessels. The shipyards perform both repair work and new construction work for outside customers, as well as the construction, repair and modification of the company's own vessels. The company manages and measures its business performance in four distinct operating segments which are based on its geographical organization: Americas, Asia/Pacific, Middle East/North Africa, and Sub-Saharan Africa & Europe. The average age of the company's 330 owned or chartered vessel fleet (excluding joint-venture vessels and vessels withdrawn from service) in its fleet at March 31, 2012 is approximately 14.0 years. The average age of 215 newer vessels in the fleet is approximately 5.7 years. The remaining 115 vessels have an average age of 29.6 years. Of the company's 330 vessels, 72 are deepwater class vessels, 185 are in the non-deepwater towing-supply & supply class vessels, 52 are crew/utility class vessels and 21 are offshore tugs. The company is subject to various United States federal, state and local statutes and regulations governing the operation and maintenance of its vessels.
Company Website
SEC Reports
Industry: Shipping & Ports
Compare:AMKAF, NMM, TK, ISH, CMHHY
Traded in other countries:TDW.Germany
» More Articles for TDW

Headlines

Articles On GuruFocus.com
Chuck Royce Buys Stifel Financial, Tidewater, Alamos, Sells Kennametal, Gardner Denver, Gartner Apr 25 2013 
Value Idea Contest: Tidewater Inc. Nov 24 2012 
Arnold Van Den Berg Buys CSCO and Sells TDW, FTO, GE, MMC, HSC, DIS Apr 18 2011 
Arnold Van Den Berg Buys Cisco, Sells DIS, VZ, WAG, T, JCP, TDW Apr 05 2011 
Glenn Greenberg’ Brave Warrior Capital Buys HPQ, FISV, BR, MA, ACGL, Sells DELL, XTEX, TDW, SGU, Feb 15 2011 
Tidewater Inc. Reports Operating Results (10-Q) Feb 04 2011 
Tidewater Inc. (TDW) COO Jeffrey Platt sells 1,000 Shares Feb 03 2011 
High Growth Arnold Van Den Berg Stocks: JCP, JEC, GE, TDW, SPLS, IRM Jan 14 2011 
Tidewater Inc. Reports Operating Results (10-Q) Nov 03 2010 
Buyout targets: TKLC, AAN, TDW Sep 23 2010 

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