HELIX ENERGY SOLUTIONS GROUP (HLX) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:HLX - US42330P1075 - Common Stock
6.81 USD
-0.11 (-1.59%)
6.81 USD
0 (0%)
HLX gets a fundamental rating of 4 out of 10. The analysis compared the fundamentals against 62 industry peers in the Energy Equipment & Services industry. While HLX seems to be doing ok healthwise, there are quite some concerns on its profitability. HLX is not valued too expensively and it also shows a decent growth rate.
1. Profitability
1.1 Basic Checks
In the past year HLX was profitable.
HLX had a positive operating cash flow in the past year.
The reported net income has been mixed in the past 5 years: HLX reported negative net income in multiple years.
HLX had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
The Return On Assets of HLX (1.62%) is worse than 61.29% of its industry peers.
HLX has a Return On Equity of 2.71%. This is comparable to the rest of the industry: HLX outperforms 40.32% of its industry peers.
HLX has a worse Return On Invested Capital (2.87%) than 64.52% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.62% | ||
| ROE | 2.71% | ||
| ROIC | 2.87% |
ROA(3y)-0.65%
ROA(5y)-0.77%
ROE(3y)-0.95%
ROE(5y)-1.1%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
The Profit Margin of HLX (3.25%) is comparable to the rest of the industry.
In the last couple of years the Profit Margin of HLX has declined.
HLX's Operating Margin of 6.41% is in line compared to the rest of the industry. HLX outperforms 46.77% of its industry peers.
In the last couple of years the Operating Margin of HLX has remained more or less at the same level.
HLX has a worse Gross Margin (12.75%) than 83.87% of its industry peers.
In the last couple of years the Gross Margin of HLX has declined.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 6.41% | ||
| PM (TTM) | 3.25% | ||
| GM | 12.75% |
OM growth 3YN/A
OM growth 5Y0.81%
PM growth 3YN/A
PM growth 5Y-11.7%
GM growth 3Y92.02%
GM growth 5Y-2.48%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), HLX is destroying value.
Compared to 1 year ago, HLX has less shares outstanding
Compared to 5 years ago, HLX has more shares outstanding
HLX has a better debt/assets ratio than last year.
2.2 Solvency
HLX has an Altman-Z score of 1.60. This is a bad value and indicates that HLX is not financially healthy and even has some risk of bankruptcy.
HLX has a Altman-Z score of 1.60. This is in the lower half of the industry: HLX underperforms 61.29% of its industry peers.
The Debt to FCF ratio of HLX is 3.92, which is a good value as it means it would take HLX, 3.92 years of fcf income to pay off all of its debts.
HLX has a Debt to FCF ratio (3.92) which is comparable to the rest of the industry.
HLX has a Debt/Equity ratio of 0.19. This is a healthy value indicating a solid balance between debt and equity.
With a decent Debt to Equity ratio value of 0.19, HLX is doing good in the industry, outperforming 74.19% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.19 | ||
| Debt/FCF | 3.92 | ||
| Altman-Z | 1.6 |
ROIC/WACC0.33
WACC8.78%
2.3 Liquidity
A Current Ratio of 2.54 indicates that HLX has no problem at all paying its short term obligations.
The Current ratio of HLX (2.54) is better than 77.42% of its industry peers.
A Quick Ratio of 2.54 indicates that HLX has no problem at all paying its short term obligations.
The Quick ratio of HLX (2.54) is better than 85.48% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.54 | ||
| Quick Ratio | 2.54 |
3. Growth
3.1 Past
HLX shows a slight negative growth in Earnings Per Share. In the last year, the EPS has decreased by -3.45%.
HLX shows a decrease in Earnings Per Share. Measured over the last years, the EPS has been decreasing by -0.55% yearly.
HLX shows a decrease in Revenue. In the last year, the revenue decreased by -1.95%.
Measured over the past years, HLX shows a quite strong growth in Revenue. The Revenue has been growing by 12.56% on average per year.
EPS 1Y (TTM)-3.45%
EPS 3YN/A
EPS 5Y-0.55%
EPS Q2Q%-21.05%
Revenue 1Y (TTM)-1.95%
Revenue growth 3Y26.28%
Revenue growth 5Y12.56%
Sales Q2Q%10.09%
3.2 Future
The Earnings Per Share is expected to grow by 19.81% on average over the next years. This is quite good.
Based on estimates for the next years, HLX will show a small growth in Revenue. The Revenue will grow by 2.68% on average per year.
EPS Next Y-52.8%
EPS Next 2Y-1.69%
EPS Next 3Y20.94%
EPS Next 5Y19.81%
Revenue Next Year-4.37%
Revenue Next 2Y0.19%
Revenue Next 3Y2.33%
Revenue Next 5Y2.68%
3.3 Evolution
The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
The Price/Earnings ratio is 24.32, which indicates a rather expensive current valuation of HLX.
HLX's Price/Earnings ratio is in line with the industry average.
Compared to an average S&P500 Price/Earnings ratio of 26.92, HLX is valued at the same level.
HLX is valuated rather expensively with a Price/Forward Earnings ratio of 19.57.
HLX's Price/Forward Earnings is on the same level as the industry average.
When comparing the Price/Forward Earnings ratio of HLX to the average of the S&P500 Index (23.57), we can say HLX is valued inline with the index average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 24.32 | ||
| Fwd PE | 19.57 |
4.2 Price Multiples
83.87% of the companies in the same industry are more expensive than HLX, based on the Enterprise Value to EBITDA ratio.
Based on the Price/Free Cash Flow ratio, HLX is valued a bit cheaper than 69.35% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 12.78 | ||
| EV/EBITDA | 5.12 |
4.3 Compensation for Growth
A more expensive valuation may be justified as HLX's earnings are expected to grow with 20.94% in the coming years.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y-1.69%
EPS Next 3Y20.94%
5. Dividend
5.1 Amount
HLX does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0% |
6.81
-0.11 (-1.59%)
Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryEnergy Equipment & Services
Earnings (Last)
Earnings (Next)
Inst Owners88.13%
Inst Owner Change0%
Ins Owners6.8%
Ins Owner Change0.56%
Market Cap1.00B
Revenue(TTM)1.31B
Net Income(TTM)42.64M
Analysts77.78
Price Target10.2 (49.78%)
Short Float %2.99%
Short Ratio2.54
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0% |
Yearly DividendN/A
Dividend Growth(5Y)N/A
DPN/A
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-91.98%
Min EPS beat(2)-166.01%
Max EPS beat(2)-17.95%
EPS beat(4)2
Avg EPS beat(4)337.47%
Min EPS beat(4)-166.01%
Max EPS beat(4)1484.16%
EPS beat(8)4
Avg EPS beat(8)59.62%
EPS beat(12)7
Avg EPS beat(12)1005.71%
EPS beat(16)9
Avg EPS beat(16)708.13%
Revenue beat(2)1
Avg Revenue beat(2)-2.05%
Min Revenue beat(2)-7.09%
Max Revenue beat(2)2.99%
Revenue beat(4)2
Avg Revenue beat(4)1.39%
Min Revenue beat(4)-7.09%
Max Revenue beat(4)12.81%
Revenue beat(8)4
Avg Revenue beat(8)1.2%
Revenue beat(12)8
Avg Revenue beat(12)4.34%
Revenue beat(16)11
Avg Revenue beat(16)5.78%
PT rev (1m)0%
PT rev (3m)-4.47%
EPS NQ rev (1m)0%
EPS NQ rev (3m)37.8%
EPS NY rev (1m)0%
EPS NY rev (3m)-2.63%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-0.95%
Revenue NY rev (1m)0%
Revenue NY rev (3m)0.47%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 24.32 | ||
| Fwd PE | 19.57 | ||
| P/S | 0.76 | ||
| P/FCF | 12.78 | ||
| P/OCF | 9.86 | ||
| P/B | 0.64 | ||
| P/tB | 0.64 | ||
| EV/EBITDA | 5.12 |
EPS(TTM)0.28
EY4.11%
EPS(NY)0.35
Fwd EY5.11%
FCF(TTM)0.53
FCFY7.83%
OCF(TTM)0.69
OCFY10.14%
SpS8.92
BVpS10.71
TBVpS10.68
PEG (NY)N/A
PEG (5Y)N/A
Graham Number8.21
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.62% | ||
| ROE | 2.71% | ||
| ROCE | 3.63% | ||
| ROIC | 2.87% | ||
| ROICexc | 3.36% | ||
| ROICexgc | 3.36% | ||
| OM | 6.41% | ||
| PM (TTM) | 3.25% | ||
| GM | 12.75% | ||
| FCFM | 5.97% |
ROA(3y)-0.65%
ROA(5y)-0.77%
ROE(3y)-0.95%
ROE(5y)-1.1%
ROIC(3y)N/A
ROIC(5y)N/A
ROICexc(3y)N/A
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)N/A
ROCE(5y)N/A
ROICexgc growth 3YN/A
ROICexgc growth 5Y15.43%
ROICexc growth 3YN/A
ROICexc growth 5Y15.5%
OM growth 3YN/A
OM growth 5Y0.81%
PM growth 3YN/A
PM growth 5Y-11.7%
GM growth 3Y92.02%
GM growth 5Y-2.48%
F-Score7
Asset Turnover0.5
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.19 | ||
| Debt/FCF | 3.92 | ||
| Debt/EBITDA | 1.57 | ||
| Cap/Depr | 21.96% | ||
| Cap/Sales | 1.77% | ||
| Interest Coverage | 2.73 | ||
| Cash Conversion | 53.55% | ||
| Profit Quality | 183.83% | ||
| Current Ratio | 2.54 | ||
| Quick Ratio | 2.54 | ||
| Altman-Z | 1.6 |
F-Score7
WACC8.78%
ROIC/WACC0.33
Cap/Depr(3y)17.47%
Cap/Depr(5y)14.67%
Cap/Sales(3y)2.36%
Cap/Sales(5y)2.21%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-3.45%
EPS 3YN/A
EPS 5Y-0.55%
EPS Q2Q%-21.05%
EPS Next Y-52.8%
EPS Next 2Y-1.69%
EPS Next 3Y20.94%
EPS Next 5Y19.81%
Revenue 1Y (TTM)-1.95%
Revenue growth 3Y26.28%
Revenue growth 5Y12.56%
Sales Q2Q%10.09%
Revenue Next Year-4.37%
Revenue Next 2Y0.19%
Revenue Next 3Y2.33%
Revenue Next 5Y2.68%
EBIT growth 1Y-24.83%
EBIT growth 3YN/A
EBIT growth 5Y13.47%
EBIT Next Year125.59%
EBIT Next 3Y41.63%
EBIT Next 5Y25.54%
FCF growth 1Y25.03%
FCF growth 3Y7.28%
FCF growth 5Y41.39%
OCF growth 1Y-5.43%
OCF growth 3Y9.91%
OCF growth 5Y1.85%
HELIX ENERGY SOLUTIONS GROUP / HLX FAQ
Can you provide the ChartMill fundamental rating for HELIX ENERGY SOLUTIONS GROUP?
ChartMill assigns a fundamental rating of 4 / 10 to HLX.
Can you provide the valuation status for HELIX ENERGY SOLUTIONS GROUP?
ChartMill assigns a valuation rating of 3 / 10 to HELIX ENERGY SOLUTIONS GROUP (HLX). This can be considered as Overvalued.
What is the profitability of HLX stock?
HELIX ENERGY SOLUTIONS GROUP (HLX) has a profitability rating of 3 / 10.
Can you provide the PE and PB ratios for HLX stock?
The Price/Earnings (PE) ratio for HELIX ENERGY SOLUTIONS GROUP (HLX) is 24.32 and the Price/Book (PB) ratio is 0.64.
Can you provide the expected EPS growth for HLX stock?
The Earnings per Share (EPS) of HELIX ENERGY SOLUTIONS GROUP (HLX) is expected to decline by -52.8% in the next year.