TIDEWATER RENEWABLES LTD. |
Market Closed -
Other stock markets
|
5-day change | 1st Jan Change | ||
| 7.35 CAD | -0.68% |
|
+1.94% | -8.92% |
| Apr. 24 | News Highlights : Top Energy News of the Day - Wednesday at 4 AM ET | DJ |
| Apr. 24 | News Highlights : Top Energy News of the Day - Wednesday at 12 AM ET | DJ |
Valuation
| Fiscal Period: December | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Capitalization 1 | 509.8 | 399.5 | 280.3 | 255.9 | - |
| Enterprise Value (EV) 1 | 590.7 | 607.5 | 280.3 | 519 | 434.1 |
| P/E ratio | 105 x | 15.6 x | -6.84 x | 5.84 x | 4.24 x |
| Yield | - | - | - | - | - |
| Capitalization / Revenue | 22.1 x | 5.25 x | 2.87 x | 0.7 x | 0.59 x |
| EV / Revenue | 25.6 x | 7.98 x | 2.87 x | 1.41 x | 1.01 x |
| EV / EBITDA | 37 x | 9.73 x | 6.1 x | 4.58 x | 3.1 x |
| EV / FCF | -25.9 x | -3.43 x | - | 6.9 x | 5.22 x |
| FCF Yield | -3.86% | -29.2% | - | 14.5% | 19.2% |
| Price to Book | - | - | - | - | - |
| Nbr of stocks (in thousands) | 34,635 | 34,712 | 34,733 | 34,818 | - |
| Reference price 2 | 14.72 | 11.51 | 8.070 | 7.350 | 7.350 |
| Announcement Date | 3/10/22 | 3/9/23 | 3/14/24 | - | - |
1CAD in Million2CAD
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: December | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Net sales 1 | 23.06 | 76.1 | 97.68 | 367.9 | 430.2 |
| EBITDA 1 | 15.96 | 62.44 | 45.94 | 113.4 | 140.1 |
| EBIT 1 | 9.258 | 17.63 | 4.018 | 75.92 | 104.7 |
| Operating Margin | 40.16% | 23.17% | 4.11% | 20.63% | 24.34% |
| Earnings before Tax (EBT) 1 | 3.997 | 35.91 | -63.85 | 56 | 104 |
| Net income 1 | 2.763 | 25.94 | -41.02 | 42.82 | 56.38 |
| Net margin | 11.98% | 34.09% | -41.99% | 11.64% | 13.11% |
| EPS 2 | 0.1400 | 0.7400 | -1.180 | 1.258 | 1.734 |
| Free Cash Flow 1 | -22.79 | -177.1 | - | 75.23 | 83.2 |
| FCF margin | -98.84% | -232.77% | - | 20.45% | 19.34% |
| FCF Conversion (EBITDA) | - | - | - | 66.37% | 59.37% |
| FCF Conversion (Net income) | - | - | - | 175.72% | 147.57% |
| Dividend per Share | - | - | - | - | - |
| Announcement Date | 3/10/22 | 3/9/23 | 3/14/24 | - | - |
1CAD in Million2CAD
Estimates
Income Statement Evolution (Quarterly data)
| Fiscal Period: December | 2021 Q3 | 2021 Q4 | 2022 Q1 | 2022 Q2 | 2022 Q3 | 2022 Q4 | 2023 Q1 | 2023 Q2 | 2023 Q3 | 2023 Q4 | 2024 Q1 | 2024 Q2 | 2024 Q3 | 2024 Q4 | 2025 Q1 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 6.13 | 16.92 | 17.25 | 19.73 | 19.7 | 19.42 | 19.9 | 13.16 | 24.24 | 40.38 | 73.55 | 87.1 | 94 | 96.95 | - |
| EBITDA 1 | 5.33 | 10.64 | 12.74 | 16.9 | 16.08 | 16.72 | 12.64 | 8.067 | 14.53 | 10.71 | 20.76 | 29.39 | 30.89 | 31.35 | 32 |
| EBIT | - | 6.043 | - | - | 3.902 | 4.06 | - | 2.803 | 3.478 | -0.011 | - | - | - | - | - |
| Operating Margin | - | 35.7% | - | - | 19.81% | 20.9% | - | 21.29% | 14.35% | -0.03% | - | - | - | - | - |
| Earnings before Tax (EBT) | 4.742 | 0.255 | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Net income 1 | 3.418 | 0.08 | 17.51 | 4.363 | -10.07 | 14.13 | -21.48 | 2.654 | -9.449 | -12.75 | 1.467 | 7 | 9.5 | 10 | - |
| Net margin | 55.76% | 0.47% | 101.53% | 22.11% | -51.11% | 72.76% | -107.95% | 20.16% | -38.97% | -31.57% | 1.99% | 8.04% | 10.11% | 10.31% | - |
| EPS 2 | 0.2100 | - | 0.5000 | 0.1300 | -0.2900 | 0.4000 | -0.6200 | 0.0700 | -0.2700 | -0.3700 | 0.1025 | 0.3367 | 0.3567 | 0.3125 | 0.4000 |
| Dividend per Share | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Announcement Date | 11/4/21 | 3/10/22 | 5/12/22 | 8/11/22 | 11/10/22 | 3/9/23 | 5/11/23 | 8/10/23 | 11/9/23 | 3/14/24 | - | - | - | - | - |
1CAD in Million2CAD
Estimates
Balance Sheet Analysis
| Fiscal Period: December | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Net Debt 1 | 80.8 | 208 | - | 263 | 178 |
| Net Cash position 1 | - | - | - | - | - |
| Leverage (Debt/EBITDA) | 5.064 x | 3.331 x | - | 2.321 x | 1.271 x |
| Free Cash Flow 1 | -22.8 | -177 | - | 75.2 | 83.2 |
| ROE (net income / shareholders' equity) | 0.95% | 4.9% | - | 5.13% | 7.87% |
| ROA (Net income/ Total Assets) | - | 3.01% | - | 4% | 6% |
| Assets 1 | - | 862.1 | - | 1,070 | 939.7 |
| Book Value Per Share | - | - | - | - | - |
| Cash Flow per Share 2 | 0.4100 | - | 0.6600 | 2.880 | 3.430 |
| Capex 1 | 31 | 245 | - | 38 | 38 |
| Capex / Sales | 134.35% | 321.39% | - | 10.33% | 8.83% |
| Announcement Date | 3/10/22 | 3/9/23 | 3/14/24 | - | - |
1CAD in Million2CAD
Estimates
EPS & Dividend
Year-on-year evolution of the PER
Change in Enterprise Value/EBITDA
Trading Rating
Investor Rating
ESG Refinitiv
Sell
Buy
Mean consensus
OUTPERFORM
Number of Analysts
8
Last Close Price
7.35
CAD
Average target price
12
CAD
Spread / Average Target
+63.27%
EPS Revisions
| 1st Jan change | Capi. | |
|---|---|---|
| -8.92% | 187M | |
| +5.43% | 1.88B | |
| -.--% | 209M |
- Stock Market
- Equities
- LCFS Stock
- Financials Tidewater Renewables Ltd.
