HELIX ENERGY SOLUTIONS GROUP (HLX) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:HLX - US42330P1075 - Common Stock
7.33 USD
-0.18 (-2.4%)
7.2866 USD
-0.04 (-0.59%)
Taking everything into account, HLX scores 4 out of 10 in our fundamental rating. HLX was compared to 60 industry peers in the Energy Equipment & Services industry. HLX scores quite bad on profitability, while its financial health is fine. Not spectacular, but in line with the averages. HLX is quite expensive at the moment. It does show a decent growth rate.
1. Profitability
1.1 Basic Checks
HLX had positive earnings in the past year.
HLX had a positive operating cash flow in the past year.
In multiple years HLX reported negative net income over the last 5 years.
In the past 5 years HLX always reported a positive cash flow from operatings.
1.2 Ratios
With a Return On Assets value of 1.62%, HLX is not doing good in the industry: 65.00% of the companies in the same industry are doing better.
HLX has a worse Return On Equity (2.71%) than 65.00% of its industry peers.
The Return On Invested Capital of HLX (2.87%) is worse than 70.00% 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
HLX has a Profit Margin of 3.25%. This is comparable to the rest of the industry: HLX outperforms 41.67% of its industry peers.
HLX's Profit Margin has declined in the last couple of years.
HLX has a Operating Margin of 6.41%. This is comparable to the rest of the industry: HLX outperforms 43.33% of its industry peers.
HLX's Operating Margin has been stable in the last couple of years.
HLX has a worse Gross Margin (12.75%) than 85.00% 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
The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so HLX is destroying value.
Compared to 1 year ago, HLX has less shares outstanding
HLX has more shares outstanding than it did 5 years ago.
The debt/assets ratio for HLX has been reduced compared to a year ago.
2.2 Solvency
HLX has an Altman-Z score of 1.66. This is a bad value and indicates that HLX is not financially healthy and even has some risk of bankruptcy.
The Altman-Z score of HLX (1.66) is worse than 61.67% 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.
A Debt/Equity ratio of 0.19 indicates that HLX is not too dependend on debt financing.
HLX has a Debt to Equity ratio of 0.19. This is in the better half of the industry: HLX outperforms 71.67% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.19 | ||
| Debt/FCF | 3.92 | ||
| Altman-Z | 1.66 |
ROIC/WACC0.32
WACC8.9%
2.3 Liquidity
A Current Ratio of 2.54 indicates that HLX has no problem at all paying its short term obligations.
With a decent Current ratio value of 2.54, HLX is doing good in the industry, outperforming 76.67% of the companies in the same industry.
HLX has a Quick Ratio of 2.54. This indicates that HLX is financially healthy and has no problem in meeting its short term obligations.
The Quick ratio of HLX (2.54) is better than 85.00% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.54 | ||
| Quick Ratio | 2.54 |
3. Growth
3.1 Past
The earnings per share for HLX have decreased by -3.45% in the last year.
HLX shows a decrease in Earnings Per Share. Measured over the last years, the EPS has been decreasing by -0.55% yearly.
Looking at the last year, HLX shows a decrease in Revenue. The Revenue has decreased by -1.95% in the last year.
The Revenue has been growing by 12.56% on average over the past years. This is quite good.
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
Based on estimates for the next years, HLX will show a quite strong growth in Earnings Per Share. The EPS will grow by 19.81% on average per year.
HLX is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 2.68% yearly.
EPS Next Y-52.8%
EPS Next 2Y-1.69%
EPS Next 3Y24.63%
EPS Next 5Y19.81%
Revenue Next Year-4.37%
Revenue Next 2Y0.19%
Revenue Next 3Y2.33%
Revenue Next 5Y2.68%
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
Based on the Price/Earnings ratio of 26.18, the valuation of HLX can be described as expensive.
HLX's Price/Earnings is on the same level as the industry average.
The average S&P500 Price/Earnings ratio is at 26.46. HLX is around the same levels.
With a Price/Forward Earnings ratio of 21.07, HLX is valued on the expensive side.
Compared to the rest of the industry, the Price/Forward Earnings ratio of HLX is on the same level as its industry peers.
HLX is valuated rather cheaply when we compare the Price/Forward Earnings ratio to 36.10, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 26.18 | ||
| Fwd PE | 21.07 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, HLX is valued a bit cheaper than 76.67% of the companies in the same industry.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of HLX is on the same level as its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 13.75 | ||
| EV/EBITDA | 5.66 |
4.3 Compensation for Growth
HLX's earnings are expected to grow with 24.63% in the coming years. This may justify a more expensive valuation.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y-1.69%
EPS Next 3Y24.63%
5. Dividend
5.1 Amount
HLX does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
7.33
-0.18 (-2.4%)
Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryEnergy Equipment & Services
Earnings (Last)
Earnings (Next)
Inst Owners91.54%
Inst Owner Change-4.43%
Ins Owners6.76%
Ins Owner Change-0.35%
Market Cap1.08B
Revenue(TTM)1.31B
Net Income(TTM)42.64M
Analysts77.78
Price Target10.2 (39.15%)
Short Float %2.62%
Short Ratio2.54
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
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)-8.83%
EPS NQ rev (1m)-41.77%
EPS NQ rev (3m)-66.11%
EPS NY rev (1m)-15.37%
EPS NY rev (3m)-45.51%
Revenue NQ rev (1m)-0.55%
Revenue NQ rev (3m)-3.16%
Revenue NY rev (1m)1.11%
Revenue NY rev (3m)-0.78%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 26.18 | ||
| Fwd PE | 21.07 | ||
| P/S | 0.82 | ||
| P/FCF | 13.75 | ||
| P/OCF | 10.62 | ||
| P/B | 0.68 | ||
| P/tB | 0.69 | ||
| EV/EBITDA | 5.66 |
EPS(TTM)0.28
EY3.82%
EPS(NY)0.35
Fwd EY4.75%
FCF(TTM)0.53
FCFY7.27%
OCF(TTM)0.69
OCFY9.42%
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 | 1.66 |
F-Score7
WACC8.9%
ROIC/WACC0.32
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 3Y24.63%
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 Year99.69%
EBIT Next 3Y41.3%
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.
What is the valuation status for HLX stock?
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 2 / 10.
What are the PE and PB ratios of HELIX ENERGY SOLUTIONS GROUP (HLX) stock?
The Price/Earnings (PE) ratio for HELIX ENERGY SOLUTIONS GROUP (HLX) is 26.18 and the Price/Book (PB) ratio is 0.68.