Tidewater Inc. (TDW) vs Cactus, Inc. (WHD)

Tidewater Inc. and Cactus, Inc. are both Oil & Gas Equipment & Services companies. Cactus, Inc. is the larger, with a market value of $4.4B against $3.4B — 1.3× the size. Tidewater Inc. trades at the lower P/E: 13.9× against 37.6×. Cactus, Inc. grew revenue faster over the last twelve months: 40.4% against −1.02%. Tidewater Inc. has the higher net margin (18.3% vs 6.69%) and the lower return on invested capital (10.9% vs 15.1%). Across the 22 metrics below, Tidewater Inc. leads on 14 and Cactus, Inc. on 8.

Valuation

Metric TDW WHD Oil & Gas Equipment & Services median
P/E 13.92 37.56 20.53
P/S 2.56 2.52 1.08
P/B 2.48 2.52 1.64
Price to free cash flow 12.54 13.85 12.36
EV/EBITDA 6.73 8.74 8.00
EV/Sales 2.59 2.31 1.29
Earnings yield 7.18% 2.66% 3.88%
Free cash flow yield 7.98% 7.22% 5.18%

Profitability

Metric TDW WHD Oil & Gas Equipment & Services median
Gross margin 48.09% 33.51% 22.88%
Operating margin 18.43% 18.76% 7.44%
Net margin 18.34% 6.69% 4.12%
Free cash flow margin 20.42% 18.21% 3.10%
Return on equity 19.56% 7.00% 5.46%
Return on assets 11.12% 4.61% 2.63%
Return on invested capital 10.86% 15.12% 4.26%

Growth

Metric TDW WHD Oil & Gas Equipment & Services median
Revenue growth (TTM) (1.02%) 40.37% 4.65%
EPS growth (last fiscal year) 95.29% (13.00%) (13.00%)
Revenue growth, 5-year CAGR 27.78% 25.36% 12.57%
Net income growth, 5-year CAGR 0.00% 36.96% 0.00%

Health

Metric TDW WHD Oil & Gas Equipment & Services median
Debt to equity 0.47 0.01 0.44
Current ratio 3.58 3.06 2.04
Net debt to EBITDA 0.14 (1.54) 1.12

Dividend

Metric TDW WHD Oil & Gas Equipment & Services median
Dividend yield — 1.03% 1.49%
Payout ratio — 0.40 0.36

Size

Metric TDW WHD Oil & Gas Equipment & Services median
Market cap 3.44b 4.42b 1.44b

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