Tidewater Renewables Ltd. (LCFS) AI Stock Analysis

• Market Cap: C$156.21M
• Dividend Yield: N/A
• Average Volume (3M): 11.21K
• Price to Earnings (P/E): ―
• Beta (1Y): -1.48
• Revenue Growth: -30.92%
• EPS Growth: N/A
• Country: CA
• Employees: 83
• Sector: Utilities
• Sector Strength: 65
• Industry: Renewable Utilities
• EPS (TTM): -0.03
• Shares Outstanding: 36,412,000
• 10 Day Avg. Volume: 12,968
• 30 Day Avg. Volume: 11,206
• PEG Ratio: >-0.01
• Price to Book (P/B): 0.19
• Price to Sales (P/S): 0.07
• P/FCF Ratio: 0.93
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: C$6.00
• Price Target Upside: 53.45% Upside
• Rating Consensus: Hold
• Number of Analyst Covering: 1
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 46 Neutral
• Price Target: C$4.00 ▲(2.30% Upside)

The overall stock score of 46 reflects significant financial challenges and bearish technical indicators. While the valuation appears reasonable, the lack of dividend yield and negative financial performance weigh heavily on the stock's attractiveness.

Positive Factors

Government Incentives

Government incentives for low-carbon fuels provide a stable revenue stream, supporting long-term growth and sustainability in the renewable sector.

Market Demand

Growing demand for renewable energy, supported by regulatory frameworks, ensures a robust market for Tidewater's products, aiding revenue stability.

Partnerships

Strategic partnerships improve operational efficiency and expand market reach, bolstering Tidewater's competitive position in the renewable energy sector.

Negative Factors

High Leverage

High leverage increases financial risk, potentially limiting Tidewater's ability to invest in growth opportunities and affecting long-term financial stability.

Negative Profitability

Ongoing negative profitability and declining revenue growth indicate operational challenges, impacting Tidewater's ability to sustain long-term growth.

Cash Flow Challenges

Weak cash flow positions limit Tidewater's capacity to fund operations and invest in future projects, posing a risk to long-term financial health.

Tidewater Renewables Ltd. Business Overview & Revenue Model

Company Description

Tidewater Renewables Ltd. engages in production of renewable fuel in North America. It intends to focus on the production of low carbon fuels, including renewable diesel, renewable hydrogen, and renewable natural gas, as well as carbon capture. The company intends to supply low carbon fuels to investment grade offtakers, existing customers, government entities, first nations groups, and others in the transportation, utilities, refining, marketing, power, and other industries. Tidewater Renewables Ltd. was incorporated in 2021 and is headquartered in Calgary, Canada.

How the Company Makes Money

Tidewater Renewables generates revenue primarily through the production and sale of renewable diesel and sustainable aviation fuel, which are sold to various end-users including transportation and aviation companies. The company benefits from government incentives and credits associated with low-carbon fuel standards (LCFS), allowing it to monetize its carbon reduction efforts. Additionally, partnerships with feedstock suppliers and distribution networks enhance its operational efficiency and market reach. The demand for renewable fuels driven by regulatory frameworks and increasing consumer preference for sustainable energy solutions further contributes to its revenue streams.

Tidewater Renewables Ltd. Financial Statement Overview

Summary

Tidewater Renewables Ltd. faces significant financial challenges, including declining revenues, negative net income, and high leverage. The income statement, balance sheet, and cash flow analysis all indicate financial instability, with negative profit margins and cash flow difficulties.

Income Statement

The income statement shows significant challenges with negative net income and declining revenue growth. The TTM data indicates a negative net profit margin of -96.61%, and a revenue decline of 19.74% compared to the previous period. Gross profit margin has also decreased from 27.70% to 22.81%. The company is struggling with profitability as reflected in negative EBIT and EBITDA margins.

Balance Sheet

The balance sheet reveals a high debt-to-equity ratio of 1.10 in the TTM period, indicating significant leverage. Return on equity is negative, reflecting ongoing losses. However, the equity ratio remains relatively stable, suggesting some balance in asset financing.

Cash Flow

Cash flow analysis shows a concerning trend with negative free cash flow and a low operating cash flow to net income ratio of 0.11 in the TTM period. Free cash flow to net income is also negative, indicating cash flow challenges. Despite a slight improvement in free cash flow growth, the overall cash flow position remains weak.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	299.35M	426.54M	97.68M	76.10M	23.05M	4.17M
Gross Profit	64.95M	118.15M	44.05M	46.13M	8.93M	-1.78M
EBITDA	-423.73M	-404.94M	-17.12M	62.30M	12.11M	-3.93M
Net Income	-352.22M	-357.85M	-41.02M	25.94M	2.76M	-12.70M
Balance Sheet
Total Assets	397.22M	406.53M	1.09B	993.32M	730.99M	73.30M
Cash, Cash Equivalents and Short-Term Investments	202.00K	44.00K	105.00K	11.38M	1.02M	-25.35M
Total Debt	191.35M	192.98M	345.60M	219.37M	81.86M	25.35M
Total Liabilities	227.23M	248.75M	573.57M	443.20M	215.40M	33.38M
Stockholders Equity	169.99M	151.27M	506.63M	543.63M	515.60M	39.92M
Cash Flow
Free Cash Flow	-11.99M	30.60M	-180.02M	-177.13M	-24.62M	-8.01M
Operating Cash Flow	2.23M	54.65M	22.78M	67.44M	6.36M	-4.43M
Investing Cash Flow	151.83M	129.08M	-136.04M	-194.50M	-213.15M	-3.02M
Financing Cash Flow	-155.83M	-183.79M	101.98M	137.41M	207.81M	7.45M

Tidewater Renewables Ltd. Technical Analysis

• Technical Analysis Sentiment: Neutral
• Last Price: 3.91
• 50DMA: Negative
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:LCFS, the sentiment is Neutral. The current price of 3.91 is below the 20-day moving average (MA) of 4.15, below the 50-day MA of 4.19, and above the 200-day MA of 3.11, indicating a neutral trend. The MACD of -0.06 indicates Positive momentum. The RSI at 43.51 is Neutral, neither overbought nor oversold. The STOCH value of 17.90 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for TSE:LCFS.

Tidewater Renewables Ltd. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
INE	72 Outperform	―	―	―	―	0.97%	―
Sector *	66 Neutral	$17.65B	18.10	5.60%	3.62%	6.62%	11.55%
REVV	59 Neutral	C$12.89M	-3.19	-69.20%	―	-31.40%	-354.49%
WEB	54 Neutral	C$63.96M	3.86	42.58%	―	―	-51.92%
BLX	51 Neutral	C$2.89B	-288.59	-1.47%	2.70%	-11.91%	-132.41%
GIP	50 Neutral	C$68.32M	-3.28	-23.88%	―	-19.22%	11.82%
LCFS	46 Neutral	C$156.21M	-0.43	8.55%	―	-30.92%	―

Tidewater Renewables Ltd. Corporate Events

Tidewater Renewables Supports Canadian Government’s Biofuels Incentive

Tidewater Renewables Ltd. has expressed its support for the Canadian government’s announcement of a new Biofuels Production Incentive, which will provide $370 million over two years to support biodiesel and renewable diesel producers. This initiative is expected to enhance the company’s cash flow and returns, as its Prince George refinery is projected to produce significant volumes of renewable diesel during the eligible period. The government’s measures, including amendments to the Clean Fuel Regulations, aim to strengthen the domestic low-carbon fuels industry, benefiting Tidewater Renewables and its stakeholders.

The most recent analyst rating on (TSE:LCFS) stock is a Hold with a C$3.00 price target. To see the full list of analyst forecasts on Tidewater Renewables Ltd. stock, see the TSE:LCFS Stock Forecast page.

Tidewater Renewables Reports Strong Q2 2025 Results Amid Strategic Advances

Tidewater Renewables Ltd. reported a significant increase in net income for the second quarter of 2025, driven by improved cash flows and strategic offtake agreements. The company secured contracts for over 70% of its forecasted production for the latter half of 2025, benefiting from favorable regulatory changes in British Columbia that align with its strategic vision. These developments, alongside an extension of its credit facility, position Tidewater Renewables to capture additional market value and strengthen its competitive stance in the renewable fuels sector.

The most recent analyst rating on (TSE:LCFS) stock is a Hold with a C$5.00 price target. To see the full list of analyst forecasts on Tidewater Renewables Ltd. stock, see the TSE:LCFS Stock Forecast page.