Solaris Energy Infrastructure, Inc. (SEI) vs Tidewater Inc. (TDW)

Solaris Energy Infrastructure, Inc. and Tidewater Inc. are both Oil & Gas Equipment & Services companies. Solaris Energy Infrastructure, Inc. is the larger, with a market value of $5.2B against $3.9B — 1.3× the size. Tidewater Inc. trades at the lower P/E: 16.0× against 61.5×. Solaris Energy Infrastructure, Inc. grew revenue faster over the last twelve months: 70.5% against −1.02%. Tidewater Inc. has the higher net margin (18.3% vs 6.95%) and the higher return on invested capital (10.9% vs 3.93%). Across the 20 metrics below, Tidewater Inc. leads on 15 and Solaris Energy Infrastructure, Inc. on 5.

Valuation

Metric SEI TDW Oil & Gas Equipment & Services median
P/E 61.51 15.96 22.50
P/S 4.87 2.94 1.17
P/B 3.20 2.85 1.82
Price to free cash flow n/m 14.38 13.72
EV/EBITDA 18.41 7.71 8.68
EV/Sales 7.21 2.97 1.34
Earnings yield 1.63% 6.26% 3.94%
Free cash flow yield (19.50%) 6.95% 5.66%

Profitability

Metric SEI TDW Oil & Gas Equipment & Services median
Gross margin 49.92% 48.09% 23.26%
Operating margin 24.25% 18.43% 9.34%
Net margin 6.95% 18.34% 4.69%
Free cash flow margin (95.04%) 20.42% 5.35%
Return on equity 5.46% 19.56% 4.92%
Return on assets 1.86% 11.12% 2.37%
Return on invested capital 3.93% 10.86% 4.32%

Growth

Metric SEI TDW Oil & Gas Equipment & Services median
Revenue growth (TTM) 70.52% (1.02%) 6.08%
EPS growth (last fiscal year) 32.00% 95.29% (13.00%)
Revenue growth, 5-year CAGR 43.30% 27.78% 14.44%
Net income growth, 5-year CAGR 0.00% 0.00% 0.00%

Health

Metric SEI TDW Oil & Gas Equipment & Services median
Debt to equity 2.24 0.47 0.46
Current ratio 4.12 3.58 2.07
Net debt to EBITDA 3.59 0.14 0.75

Dividend

Metric SEI TDW Oil & Gas Equipment & Services median
Dividend yield 0.77% — 1.51%
Payout ratio 0.56 — 0.38

Size

Metric SEI TDW Oil & Gas Equipment & Services median
Market cap 5.22b 3.94b 1.63b

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