HELIX ENERGY SOLUTIONS GROUP (HLX) Stock Fundamental Analysis
NYSE:HLX - New York Stock Exchange, Inc. - US42330P1075 - Common Stock - Currency: USD
Taking everything into account, HLX scores 4 out of 10 in our fundamental rating. HLX was compared to 58 industry peers in the Energy Equipment & Services industry. The financial health of HLX is average, but there are quite some concerns on its profitability. A decent growth rate in combination with a cheap valuation! Better keep an eye on HLX.
1. Profitability
1.1 Basic Checks
In the past year HLX was profitable.
HLX had a positive operating cash flow in the past year.
In multiple years HLX reported negative net income over the last 5 years.
Each year in the past 5 years HLX had a positive operating cash flow.
1.2 Ratios
With a Return On Assets value of 0.27%, HLX is not doing good in the industry: 67.24% of the companies in the same industry are doing better.
With a Return On Equity value of 0.46%, HLX is not doing good in the industry: 67.24% of the companies in the same industry are doing better.
Looking at the Return On Invested Capital, with a value of 3.75%, HLX is doing worse than 74.14% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.27% | ||
| ROE | 0.46% | ||
| ROIC | 3.75% |
ROA(3y)-2.25%
ROA(5y)-0.75%
ROE(3y)-3.42%
ROE(5y)-1.15%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
With a Profit Margin value of 0.53%, HLX is not doing good in the industry: 65.52% of the companies in the same industry are doing better.
HLX's Operating Margin of 8.37% is in line compared to the rest of the industry. HLX outperforms 44.83% of its industry peers.
HLX's Operating Margin has declined in the last couple of years.
With a Gross Margin value of 15.69%, HLX is not doing good in the industry: 79.31% of the companies in the same industry are doing better.
HLX's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 8.37% | ||
| PM (TTM) | 0.53% | ||
| GM | 15.69% |
OM growth 3Y24.22%
OM growth 5Y-6.6%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y12.57%
GM growth 5Y-1.14%
2. Health
2.1 Basic Checks
HLX has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
The number of shares outstanding for HLX has been increased compared to 1 year ago.
Compared to 5 years ago, HLX has more shares outstanding
HLX has a worse debt/assets ratio than last year.
2.2 Solvency
Based on the Altman-Z score of 1.69, we must say that HLX is in the distress zone and has some risk of bankruptcy.
HLX's Altman-Z score of 1.69 is on the low side compared to the rest of the industry. HLX is outperformed by 62.07% of its industry peers.
HLX has a debt to FCF ratio of 1.67. This is a very positive value and a sign of high solvency as it would only need 1.67 years to pay back of all of its debts.
The Debt to FCF ratio of HLX (1.67) is better than 77.59% of its industry peers.
A Debt/Equity ratio of 0.19 indicates that HLX is not too dependend on debt financing.
HLX's Debt to Equity ratio of 0.19 is fine compared to the rest of the industry. HLX outperforms 70.69% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.19 | ||
| Debt/FCF | 1.67 | ||
| Altman-Z | 1.69 |
ROIC/WACC0.42
WACC8.93%
2.3 Liquidity
HLX has a Current Ratio of 2.29. This indicates that HLX is financially healthy and has no problem in meeting its short term obligations.
With a decent Current ratio value of 2.29, HLX is doing good in the industry, outperforming 67.24% of the companies in the same industry.
A Quick Ratio of 2.29 indicates that HLX has no problem at all paying its short term obligations.
HLX has a Quick ratio of 2.29. This is amongst the best in the industry. HLX outperforms 82.76% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.29 | ||
| Quick Ratio | 2.29 |
3. Growth
3.1 Past
HLX shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 107.14%, which is quite impressive.
Measured over the past years, HLX shows a decrease in Earnings Per Share. The EPS has been decreasing by -3.04% on average per year.
Looking at the last year, HLX shows a small growth in Revenue. The Revenue has grown by 7.74% in the last year.
The Revenue has been growing by 11.76% on average over the past years. This is quite good.
EPS 1Y (TTM)107.14%
EPS 3Y11.46%
EPS 5Y-3.04%
EPS Q2Q%90%
Revenue 1Y (TTM)7.74%
Revenue growth 3Y20.69%
Revenue growth 5Y11.76%
Sales Q2Q%-13.46%
3.2 Future
HLX is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 46.19% yearly.
Based on estimates for the next years, HLX will show a small growth in Revenue. The Revenue will grow by 4.75% on average per year.
EPS Next Y102.56%
EPS Next 2Y106.51%
EPS Next 3Y74.38%
EPS Next 5Y46.19%
Revenue Next Year3.51%
Revenue Next 2Y4.31%
Revenue Next 3Y4.66%
Revenue Next 5Y4.75%
3.3 Evolution
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
4. Valuation
4.1 Price/Earnings Ratio
With a Price/Earnings ratio of 28.24, HLX can be considered very expensive at the moment.
The rest of the industry has a similar Price/Earnings ratio as HLX.
When comparing the Price/Earnings ratio of HLX to the average of the S&P500 Index (28.28), we can say HLX is valued inline with the index average.
Based on the Price/Forward Earnings ratio of 10.67, the valuation of HLX can be described as reasonable.
Based on the Price/Forward Earnings ratio, HLX is valued a bit cheaper than 75.86% of the companies in the same industry.
HLX is valuated cheaply when we compare the Price/Forward Earnings ratio to 91.29, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 28.24 | ||
| Fwd PE | 10.67 |
4.2 Price Multiples
HLX's Enterprise Value to EBITDA ratio is rather cheap when compared to the industry. HLX is cheaper than 81.03% of the companies in the same industry.
Based on the Price/Free Cash Flow ratio, HLX is valued cheaper than 87.93% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 6.6 | ||
| EV/EBITDA | 4.28 |
4.3 Compensation for Growth
The low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
HLX's earnings are expected to grow with 74.38% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.28
PEG (5Y)N/A
EPS Next 2Y106.51%
EPS Next 3Y74.38%
5. Dividend
5.1 Amount
HLX does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
HELIX ENERGY SOLUTIONS GROUP
NYSE:HLX (1/29/2025, 8:04:00 PM)
After market: 8.3 +0.11 (+1.34%)8.19
-0.05 (-0.61%)
Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryEnergy Equipment & Services
Earnings (Last)
Earnings (Next)
Inst Owners92.55%
Inst Owner Change0.05%
Ins Owners5.88%
Ins Owner Change0.92%
Market Cap1.25B
Analysts80
Price Target14.76 (80.22%)
Short Float %5.95%
Short Ratio5.65
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
Yearly Dividend0
Dividend Growth(5Y)-48.83%
DPN/A
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)33.92%
Min EPS beat(2)9.12%
Max EPS beat(2)58.72%
EPS beat(4)2
Avg EPS beat(4)-218.22%
Min EPS beat(4)-893.95%
Max EPS beat(4)58.72%
EPS beat(8)5
Avg EPS beat(8)1339.83%
EPS beat(12)7
Avg EPS beat(12)831.69%
EPS beat(16)9
Avg EPS beat(16)635%
Revenue beat(2)1
Avg Revenue beat(2)0.01%
Min Revenue beat(2)-6.45%
Max Revenue beat(2)6.48%
Revenue beat(4)2
Avg Revenue beat(4)1%
Min Revenue beat(4)-6.45%
Max Revenue beat(4)6.48%
Revenue beat(8)6
Avg Revenue beat(8)5.82%
Revenue beat(12)9
Avg Revenue beat(12)7.24%
Revenue beat(16)11
Avg Revenue beat(16)5.45%
PT rev (1m)0%
PT rev (3m)-2.25%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-7.07%
EPS NY rev (1m)0%
EPS NY rev (3m)0.09%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-2.66%
Revenue NY rev (1m)-0.15%
Revenue NY rev (3m)-2.5%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 28.24 | ||
| Fwd PE | 10.67 | ||
| P/S | 0.93 | ||
| P/FCF | 6.6 | ||
| P/OCF | 6.14 | ||
| P/B | 0.79 | ||
| P/tB | 0.8 | ||
| EV/EBITDA | 4.28 |
EPS(TTM)0.29
EY3.54%
EPS(NY)0.77
Fwd EY9.37%
FCF(TTM)1.24
FCFY15.14%
OCF(TTM)1.33
OCFY16.28%
SpS8.8
BVpS10.33
TBVpS10.3
PEG (NY)0.28
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.27% | ||
| ROE | 0.46% | ||
| ROCE | 4.75% | ||
| ROIC | 3.75% | ||
| ROICexc | 4.35% | ||
| ROICexgc | 4.36% | ||
| OM | 8.37% | ||
| PM (TTM) | 0.53% | ||
| GM | 15.69% | ||
| FCFM | 14.09% |
ROA(3y)-2.25%
ROA(5y)-0.75%
ROE(3y)-3.42%
ROE(5y)-1.15%
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
ROICexcg growth 3Y54.11%
ROICexcg growth 5Y5.59%
ROICexc growth 3Y54.09%
ROICexc growth 5Y5.55%
OM growth 3Y24.22%
OM growth 5Y-6.6%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y12.57%
GM growth 5Y-1.14%
F-Score6
Asset Turnover0.5
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.19 | ||
| Debt/FCF | 1.67 | ||
| Debt/EBITDA | 1.06 | ||
| Cap/Depr | 8.01% | ||
| Cap/Sales | 1.06% | ||
| Interest Coverage | 3.82 | ||
| Cash Conversion | 70.22% | ||
| Profit Quality | 2639.06% | ||
| Current Ratio | 2.29 | ||
| Quick Ratio | 2.29 | ||
| Altman-Z | 1.69 |
F-Score6
WACC8.93%
ROIC/WACC0.42
Cap/Depr(3y)13.76%
Cap/Depr(5y)36.28%
Cap/Sales(3y)2.2%
Cap/Sales(5y)5.62%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)107.14%
EPS 3Y11.46%
EPS 5Y-3.04%
EPS Q2Q%90%
EPS Next Y102.56%
EPS Next 2Y106.51%
EPS Next 3Y74.38%
EPS Next 5Y46.19%
Revenue 1Y (TTM)7.74%
Revenue growth 3Y20.69%
Revenue growth 5Y11.76%
Sales Q2Q%-13.46%
Revenue Next Year3.51%
Revenue Next 2Y4.31%
Revenue Next 3Y4.66%
Revenue Next 5Y4.75%
EBIT growth 1Y157.44%
EBIT growth 3Y49.92%
EBIT growth 5Y4.38%
EBIT Next Year166.19%
EBIT Next 3Y53.27%
EBIT Next 5Y30.29%
FCF growth 1Y1219.16%
FCF growth 3Y19.12%
FCF growth 5Y17.39%
OCF growth 1Y904%
OCF growth 3Y15.56%
OCF growth 5Y-4.97%