What is Tidewater Inc worth?
With the base-case assumptions below, a discounted cash flow model on Tidewater Inc's reported free cash flow gives $230.70 per share. The share price was $83.27 on September 28, 2026, 64% below that value.
Inputs from the filings
Three sets of assumptions
| Case | Growth yrs 1-5 | Discount rate | Value per share | Value vs price |
|---|---|---|---|---|
| Bear | 10.0% | 10.0% | $139.86 | +68% |
| Base | 15.0% | 9.0% | $230.70 | +177% |
| Bull | 20.0% | 8.0% | $399.84 | +380% |
Sensitivity: base case value per share
| 1.5% | 2.0% | 2.5% | 3.0% | 3.5% | |
|---|---|---|---|---|---|
| 7.0% | $299.47 | $320.92 | $347.13 | $379.89 | $422.01 |
| 8.0% | $247.81 | $261.72 | $278.15 | $297.87 | $321.98 |
| 9.0% | $210.22 | $219.73 | $230.70 | $243.50 | $258.63 |
| 10.0% | $181.72 | $188.48 | $196.14 | $204.90 | $215.01 |
| 11.0% | $159.42 | $164.37 | $169.91 | $176.15 | $183.21 |
Where the presets come from
Base: years 1 to 5 grow at Tidewater Inc's revenue growth rate over the last 5 fiscal years (27.8% a year), held between -5% and 15%. Years 6 to 10 grow halfway between that and the long-run rate of 2.5%. Future cash is discounted at 9% a year.
Bear: 5 points less growth, 2% long-run growth, 10% discount rate. Bull: 5 points more growth (at most 25%), 3% long-run growth, 8% discount rate.
Value per share = (present value of 10 years of free cash flow + present value of everything after + cash - debt) / diluted shares.
This is a model run on assumptions, not a recommendation or a price target. Small changes in the discount rate or growth move the result a lot, as the table above shows. Change them yourself in the calculator.
Adjust the assumptions
Move the sliders for growth, long-run growth and discount rate, or switch to average free cash flow, and see the value per share change.
Adjust the assumptions