HELIX ENERGY SOLUTIONS GROUP (HLX) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:HLX - US42330P1075 - Common Stock
6.48 USD
+0.05 (+0.78%)
6.48 USD
0 (0%)
We assign a fundamental rating of 4 out of 10 to HLX. 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 has a correct valuation and a medium growth rate.
1. Profitability
1.1 Basic Checks
HLX had positive earnings in the past year.
In the past year HLX had a positive cash flow from operations.
The reported net income has been mixed in the past 5 years: HLX reported negative net income in multiple years.
In the past 5 years HLX always reported a positive cash flow from operatings.
1.2 Ratios
The Return On Assets of HLX (1.62%) is worse than 65.00% of its industry peers.
Looking at the Return On Equity, with a value of 2.71%, HLX is doing worse than 65.00% of the companies in the same industry.
HLX's Return On Invested Capital of 2.87% is on the low side compared to the rest of the industry. HLX is outperformed by 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
With a Profit Margin value of 3.25%, HLX perfoms like the industry average, outperforming 41.67% of the companies in the same industry.
In the last couple of years the Profit Margin of HLX has declined.
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.
In the last couple of years the Operating Margin of HLX has remained more or less at the same level.
HLX has a Gross Margin of 12.75%. This is amonst the worse of the industry: HLX underperforms 85.00% of its industry peers.
HLX's Gross Margin has declined in the last couple of years.
| 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
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 reduced compared to 1 year ago.
The number of shares outstanding for HLX has been increased compared to 5 years ago.
The debt/assets ratio for HLX has been reduced compared to a year ago.
2.2 Solvency
Based on the Altman-Z score of 1.57, we must say that HLX is in the distress zone and has some risk of bankruptcy.
The Altman-Z score of HLX (1.57) 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.
Looking at the Debt to FCF ratio, with a value of 3.92, HLX is in line with its industry, outperforming 58.33% of the companies in the same industry.
HLX has a Debt/Equity ratio of 0.19. This is a healthy value indicating a solid balance between debt and equity.
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 | 1.57 |
ROIC/WACC0.33
WACC8.77%
2.3 Liquidity
HLX has a Current Ratio of 2.54. This indicates that HLX is financially healthy and has no problem in meeting its short term obligations.
With a decent Current ratio value of 2.54, 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.
HLX's Quick ratio of 2.54 is amongst the best of the industry. HLX outperforms 83.33% 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.
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
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 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
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
With a Price/Earnings ratio of 23.14, HLX is valued on the expensive side.
HLX's Price/Earnings ratio is in line with the industry average.
Compared to an average S&P500 Price/Earnings ratio of 25.47, HLX is valued at the same level.
Based on the Price/Forward Earnings ratio of 18.62, the valuation of HLX can be described as rather expensive.
Compared to the rest of the industry, the Price/Forward Earnings ratio of HLX is on the same level as its industry peers.
Compared to an average S&P500 Price/Forward Earnings ratio of 34.42, HLX is valued a bit cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 23.14 | ||
| Fwd PE | 18.62 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, HLX is valued a bit cheaper than 80.00% of the companies in the same industry.
Based on the Price/Free Cash Flow ratio, HLX is valued a bit cheaper than the industry average as 66.67% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 12.15 | ||
| EV/EBITDA | 4.82 |
4.3 Compensation for Growth
A more expensive valuation may be justified as HLX's earnings are expected to grow with 24.63% in the coming years.
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 |
6.48
+0.05 (+0.78%)
Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryEnergy Equipment & Services
Earnings (Last)
Earnings (Next)
Inst Owners91.54%
Inst Owner Change-4.42%
Ins Owners6.76%
Ins Owner Change-0.35%
Market Cap952.50M
Revenue(TTM)1.31B
Net Income(TTM)42.64M
Analysts77.78
Price Target10.2 (57.41%)
Short Float %3.27%
Short Ratio3.08
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)-4.47%
PT rev (3m)-8.83%
EPS NQ rev (1m)37.8%
EPS NQ rev (3m)-66.11%
EPS NY rev (1m)-15.37%
EPS NY rev (3m)-45.51%
Revenue NQ rev (1m)0.22%
Revenue NQ rev (3m)-3.16%
Revenue NY rev (1m)1.11%
Revenue NY rev (3m)-0.78%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 23.14 | ||
| Fwd PE | 18.62 | ||
| P/S | 0.73 | ||
| P/FCF | 12.15 | ||
| P/OCF | 9.38 | ||
| P/B | 0.6 | ||
| P/tB | 0.61 | ||
| EV/EBITDA | 4.82 |
EPS(TTM)0.28
EY4.32%
EPS(NY)0.35
Fwd EY5.37%
FCF(TTM)0.53
FCFY8.23%
OCF(TTM)0.69
OCFY10.66%
SpS8.93
BVpS10.71
TBVpS10.69
PEG (NY)N/A
PEG (5Y)N/A
Graham Number8.22
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 | 1.57 |
F-Score7
WACC8.77%
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 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 4 / 10 to HELIX ENERGY SOLUTIONS GROUP (HLX). This can be considered as Fairly Valued.
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 23.14 and the Price/Book (PB) ratio is 0.6.