Discounted Cash Flow

Tidewater Inc.

TDW · Based on 10 years of SEC filings

Average annual growth rates

Metric 10-Year 5-Year 3-Year
Sales
Free Cash Flow
Average (FCF & NI)
Net Income

Average annual growth is the mean year-over-year change across each period.

Endpoint CAGR (better for long term trend)

Metric 10-Year 5-Year 3-Year
Sales
Free Cash Flow
Average (FCF & NI)
Net Income

Endpoint CAGR is the compound annual rate from the first to last year in each period.

Projections use average year-over-year growth. Change this in Settings.

Projected growth rate

Free cash flow growth
10-year: — 5-year: — 3-year: —
Averaged growth (FCF & NI)
10-year: — 5-year: — 3-year: —
Net income growth
10-year: — 5-year: — 3-year: —
Sales growth (not added to calculations)
10-year: — 5-year: — 3-year: —

Click a greyed-out slider to switch metrics. Slide between the 10-year, 5-year, and 3-year historic growth rates for FCF, net income, or their average.

%
%

Historical inputs (10 fiscal years)

YEAR Sales Net Income Free Cash Flow Net Margin EPS (diluted)
2016 $979.1m $-160.2m $253.4m -16.4% $-3.41
2017 $601.6m (-38.6%) $-660.1m (-312.1%) $29.8m (-88.2%) -109.7% (-570.7%) $-14.02 (-311.1%)
2018 $406.5m (-32.4%) $-171.5m (74.0%) $3.9m (-86.8%) -42.2% (61.5%) $-6.45 (54.0%)
2019 $486.5m (19.7%) $-141.7m (17.4%) $-31.4m (-897.3%) -29.1% (31.0%) $-3.71 (42.5%)
2020 $397.0m (-18.4%) $-196.2m (-38.4%) $4.0m (112.7%) -49.4% (-69.7%) $-4.86 (-31.0%)
2021 $371.0m (-6.5%) $-129.0m (34.3%) $15.0m (276.5%) -34.8% (29.7%) $-3.14 (35.4%)
2022 $647.7m (74.6%) $-21.7m (83.1%) $40.2m (168.1%) -3.4% (90.3%) $-0.49 (84.4%)
2023 $1.0b (55.9%) $97.2m (546.8%) $104.7m (160.3%) 9.6% (386.6%) $1.88 (483.7%)
2024 $1.3b (33.3%) $180.7m (85.9%) $273.8m (161.5%) 13.4% (39.5%) $3.44 (83.0%)
2025 $1.4b (0.5%) $334.7m (85.2%) $379.1m (38.4%) 24.7% (84.3%) $6.69 (94.5%)

Base FCF: (latest fiscal year)

Discount rate: %

Terminal growth:

Projection period: years

Alt A decline yrs:

Alt B total yrs:

Projected cash flows

Year Projected cash flow Discount Factor Present Value

PV of projected FCF:

Terminal FCF:

Terminal value:

PV of terminal value:

Enterprise value (DCF):

DCF price per share:

Current price:

Alternative DCF Models

Model Fair Value Upside PV(FCFs) PV(Terminal) Total Years
Standard (10yr→TV) 10 + TV
Alt A (Gradual Decline)
Alt B (30yr Hard Stop) N/A

This is a simplified DCF model for illustration. It uses reported free cash flow, a single growth assumption, fixed WACC, and a Gordon Growth terminal value. It is not investment advice.

+ 10YR Financials Balance Sheet (10YR) Cash Flow (10YR) DCF Model