HELIX ENERGY SOLUTIONS GROUP (HLX) Stock Fundamental Analysis
USA - NYSE:HLX - US42330P1075 - Common Stock
6.42 USD
-0.34 (-5.03%)
6.42 USD
0 (0%)
HLX gets a fundamental rating of 4 out of 10. The analysis compared the fundamentals against 60 industry peers in the Energy Equipment & Services industry. The financial health of HLX is average, but there are quite some concerns on its profitability. HLX has a decent growth rate and is not valued too expensively.
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.
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 65.00% of its industry peers.
The Return On Equity of HLX (2.71%) is worse than 66.67% of its industry peers.
Looking at the Return On Invested Capital, with a value of 2.87%, HLX is doing worse than 71.67% of the companies in the same industry.
| 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's Profit Margin of 3.25% is on the low side compared to the rest of the industry. HLX is outperformed by 61.67% of its industry peers.
HLX's Profit Margin has declined in the last couple of years.
Looking at the Operating Margin, with a value of 6.41%, HLX is in line with its industry, outperforming 41.67% of the companies in the same industry.
HLX's Operating Margin has been stable in the last couple of years.
Looking at the Gross Margin, with a value of 12.75%, HLX is doing worse than 85.00% of the companies in the same industry.
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.
HLX has less shares outstanding than it did 1 year ago.
The number of shares outstanding for HLX has been increased compared to 5 years ago.
Compared to 1 year ago, HLX has an improved debt to assets ratio.
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.
HLX has a worse Altman-Z score (1.57) 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's Debt to FCF ratio of 3.92 is in line compared to the rest of the industry. HLX outperforms 58.33% of its industry peers.
A Debt/Equity ratio of 0.19 indicates that HLX is not too dependend on debt financing.
Looking at the Debt to Equity ratio, with a value of 0.19, HLX is in the better half of the industry, outperforming 71.67% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.19 | ||
| Debt/FCF | 3.92 | ||
| Altman-Z | 1.57 |
ROIC/WACC0.32
WACC8.84%
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.
A Quick Ratio of 2.54 indicates that HLX has no problem at all paying its short term obligations.
HLX has a better Quick ratio (2.54) than 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%.
The Earnings Per Share has been decreasing by -0.55% on average over the past years.
The Revenue has decreased by -1.95% in the past 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
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 22.93, the valuation of HLX can be described as rather expensive.
Compared to the rest of the industry, the Price/Earnings ratio of HLX is on the same level as its industry peers.
HLX's Price/Earnings ratio indicates a similar valuation than the S&P500 average which is at 25.56.
HLX is valuated rather expensively with a Price/Forward Earnings ratio of 18.45.
The rest of the industry has a similar Price/Forward Earnings ratio as HLX.
HLX is valuated rather cheaply when we compare the Price/Forward Earnings ratio to 34.62, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 22.93 | ||
| Fwd PE | 18.45 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of HLX indicates a somewhat cheap valuation: HLX is cheaper than 78.33% of the companies listed in the same industry.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of HLX indicates a somewhat cheap valuation: HLX is cheaper than 70.00% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 12.04 | ||
| EV/EBITDA | 4.81 |
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
No dividends for HLX!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
6.42
-0.34 (-5.03%)
Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryEnergy Equipment & Services
Earnings (Last)
Earnings (Next)
Inst Owners91.54%
Inst Owner Change-4.11%
Ins Owners6.76%
Ins Owner Change-0.38%
Market Cap943.68M
Revenue(TTM)1.31B
Net Income(TTM)42.64M
Analysts77.78
Price Target10.2 (58.88%)
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)-2.63%
EPS NY rev (3m)-53.42%
Revenue NQ rev (1m)0.22%
Revenue NQ rev (3m)-3.16%
Revenue NY rev (1m)0.47%
Revenue NY rev (3m)-0.78%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 22.93 | ||
| Fwd PE | 18.45 | ||
| P/S | 0.72 | ||
| P/FCF | 12.04 | ||
| P/OCF | 9.29 | ||
| P/B | 0.6 | ||
| P/tB | 0.6 | ||
| EV/EBITDA | 4.81 |
EPS(TTM)0.28
EY4.36%
EPS(NY)0.35
Fwd EY5.42%
FCF(TTM)0.53
FCFY8.31%
OCF(TTM)0.69
OCFY10.76%
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
WACC8.84%
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 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 22.93 and the Price/Book (PB) ratio is 0.6.