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 $4.1B against $3.4B — 1.2× the size. Tidewater Inc. trades at the lower P/E: 13.9× against 50.4×. 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 50.38 13.92 20.53
P/S 3.99 2.56 1.08
P/B 2.62 2.48 1.64
Price to free cash flow n/m 12.54 12.36
EV/EBITDA 16.16 6.73 8.00
EV/Sales 6.33 2.59 1.29
Earnings yield 1.98% 7.18% 3.88%
Free cash flow yield (23.81%) 7.98% 5.18%

Profitability

Metric SEI TDW Oil & Gas Equipment & Services median
Gross margin 49.92% 48.09% 22.88%
Operating margin 24.25% 18.43% 7.44%
Net margin 6.95% 18.34% 4.12%
Free cash flow margin (95.04%) 20.42% 3.10%
Return on equity 5.46% 19.56% 5.46%
Return on assets 1.86% 11.12% 2.63%
Return on invested capital 3.93% 10.86% 4.26%

Growth

Metric SEI TDW Oil & Gas Equipment & Services median
Revenue growth (TTM) 70.52% (1.02%) 4.65%
EPS growth (last fiscal year) 32.00% 95.29% (13.00%)
Revenue growth, 5-year CAGR 43.30% 27.78% 12.57%
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 0.44
Current ratio 4.12 3.58 2.04
Net debt to EBITDA 3.59 0.14 1.12

Dividend

Metric SEI TDW Oil & Gas Equipment & Services median
Dividend yield 0.93% — 1.49%
Payout ratio 0.56 — 0.36

Size

Metric SEI TDW Oil & Gas Equipment & Services median
Market cap 4.05b 3.44b 1.44b

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