Loading…
Employees: 85
Size Tidewater Renewables (LCFS.TO) is a Canada Materials company (Chemicals: Specialty) with a market value of $495M, the 344th largest of 420 Canada companies the cockpit tracks. Shares closed at C$19.00 on 6 Nov 2026.
Performance Over six months the shares gained 96.9%, against -19.1% for the median peer and +5.2% for the Canada market (cap-weighted) — highest of 21 in its peer set.
Growth Revenue grew 23.9% over the last twelve months (peer median +12.0%); the operating margin is 19.6% (peer median 1.9%).
Valuation It trades at 10.5× forward earnings against a peer median of 40.6× (2nd cheapest of 5).
Price implies For today's price to make sense, revenue must grow about -3% a year for seven years (Req g). Recent delivered growth is +126%, so the hurdle is -129 pp: the price already allows for a slowdown.
Capital Return on invested capital runs 8.9 points above its cost of capital (6.0% WACC).
Next results Next results expected around 11 Mar 2027 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | C$371M | C$248M | C$427M | C$97.7M | C$76.1M |
| Revenue growth | — | -42% | +337% | +28% | — |
| Gross profit | C$78.9M | C$18.1M | C$86.6M | C$18.4M | C$26.6M |
| EBITDA | C$91.0M | C$30.0M | C$112M | C$29.6M | C$37.1M |
| Net income | C$326,000 | C$3.50M | -C$358M | -C$41.0M | C$25.9M |
| Free cash flow | C$11.4M | C$5.60M | C$2.76M | -C$195M | -C$189M |
| Capital expenditure | C$10.5M | C$13.1M | C$24.0M | C$203M | C$245M |
| Total debt | C$187M | C$199M | C$193M | C$346M | C$219M |
The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.
Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.
| Measure | LCFS.TO | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | -16.5% | -13.9% | 7th lowest of 21 |
| 6-month return | +96.9% | -19.1% | highest of 21 |
| Distance from 52-week high | -26.4% | -46.9% | 4th highest of 21 |
| Revenue growth (TTM) | +23.9% | +12.0% | 6th highest of 21 |
| Operating margin | 19.6% | 1.9% | highest of 21 |
| Forward P/E | 10.5× | 40.6× | 2nd cheapest of 5 |
| Growth the price implies (Req g, 7 yrs) | -3.0% | 17.0% | 2nd least demanding of 11 |
| Growth delivered (Del g) | +126.4% | +12.7% | highest of 11 |
| Hurdle (Req g minus delivered) | -129.5 pp | -3.3 pp | least demanding of 11 |
| ROIC minus cost of capital | +8.9 pp | -3.7 pp | highest of 21 |
| EV / EBITDA | 9.7× | 16.7× | 4th cheapest of 9 |
| Net debt / EBITDA | 2.0× | 0.1× | 2nd most indebted of 9 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Tidewater Renewables LCFS.TO | Canada | $495M | +97% | +24% | 20% | 10.5× | -3.0% | +126.4% |
| Great Chinasoft Technology 002453.SZ | China | $497M | -27% | -5% | -54% | n/a | n/a | n/a |
| Savita Oil Technologies SOTL.NS | India | $491M | +61% | +26% | 10% | n/a | 17.5% | +16.8% |
| Guangdong Tianan New Material 603725.SS | China | $489M | +9% | -12% | 2% | n/a | 21.7% | +29.0% |
| Hangzhou Flariant 605566.SS | China | $505M | -23% | +22% | 8% | n/a | n/a | n/a |
| Jiangsu Jinji Industrial 300798.SZ | China | $507M | -33% | +28% | 0% | n/a | n/a | n/a |
| Jiangxi Chenguang New Materials 605399.SS | China | $482M | -30% | +15% | -9% | 129.1× | n/a | n/a |
| Shandong Haihua 000822.SZ | China | $509M | -36% | -10% | -33% | n/a | n/a | n/a |
| Sichuan Meifeng Chemical Industry 000731.SZ | China | $509M | -14% | -13% | -6% | n/a | n/a | n/a |
| Laxmi Organic Industries LXCHEM.NS | India | $480M | 0% | +5% | 6% | 25.1× | n/a | n/a |
| Soulbrain 036830.KS | South Korea | $480M | -55% | +16% | -3% | n/a | n/a | n/a |
| Tian Jin Bohai Chemical 600800.SS | China | $479M | -37% | -24% | -20% | n/a | n/a | n/a |
| Gansu Yatai Industrial Developent 000691.SZ | China | $516M | -6% | +29% | 0% | n/a | n/a | n/a |
| Shanghai Huide Science & Technology 603192.SS | China | $476M | -15% | +2% | 3% | n/a | 15.5% | +10.5% |
| Gujarat Alkalies & Chemicals GUJALKALI.NS | India | $476M | -23% | +7% | 2% | n/a | 39.8% | +12.5% |
| Zhejiang Hisun Biomaterials 688203.SS | China | $473M | +16% | +47% | 4% | 56.0× | 16.5% | +26.6% |
| Shaanxi Xinghua Chemistry 002109.SZ | China | $473M | -39% | +20% | -1% | n/a | 2.0% | +13.0% |
| Qianjiang Yongan Pharmaceutical 002365.SZ | China | $523M | -12% | +26% | 4% | n/a | 24.7% | -7.8% |
| Kente Catalysts 603120.SS | China | $465M | +6% | +9% | 12% | n/a | 18.3% | -8.9% |
| Dymatic Chemicals 002054.SZ | China | $465M | -25% | +21% | 8% | n/a | -0.8% | +12.9% |
| Lee & Man Chemical 0746.HK | Hong Kong | $465M | -9% | +3% | 18% | 6.1× | -8.5% | +3.9% |