OCEANEERING INTL INC (OII) Stock Fundamental Analysis
USA - NYSE:OII - US6752321025 - Common Stock
24.26 USD
-0.01 (-0.04%)
24.26 USD
0 (0%)
We assign a fundamental rating of 5 out of 10 to OII. OII was compared to 61 industry peers in the Energy Equipment & Services industry. OII scores excellent on profitability, but there are some minor concerns on its financial health. OII has a correct valuation and a medium growth rate.
1. Profitability
1.1 Basic Checks
OII had positive earnings in the past year.
OII had a positive operating cash flow in the past year.
The reported net income has been mixed in the past 5 years: OII reported negative net income in multiple years.
OII had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
OII has a Return On Assets of 8.69%. This is amongst the best in the industry. OII outperforms 83.61% of its industry peers.
OII has a Return On Equity of 24.01%. This is amongst the best in the industry. OII outperforms 90.16% of its industry peers.
Looking at the Return On Invested Capital, with a value of 12.15%, OII belongs to the top of the industry, outperforming 83.61% of the companies in the same industry.
Measured over the past 3 years, the Average Return On Invested Capital for OII is in line with the industry average of 8.01%.
The last Return On Invested Capital (12.15%) for OII is above the 3 year average (7.48%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 8.69% | ||
| ROE | 24.01% | ||
| ROIC | 12.15% |
ROA(3y)3.98%
ROA(5y)-2.97%
ROE(3y)13.72%
ROE(5y)-11.72%
ROIC(3y)7.48%
ROIC(5y)N/A
1.3 Margins
The Profit Margin of OII (7.31%) is better than 65.57% of its industry peers.
Looking at the Operating Margin, with a value of 11.37%, OII is in the better half of the industry, outperforming 62.30% of the companies in the same industry.
OII's Operating Margin has improved in the last couple of years.
OII has a Gross Margin of 20.57%. This is in the lower half of the industry: OII underperforms 67.21% of its industry peers.
In the last couple of years the Gross Margin of OII has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 11.37% | ||
| PM (TTM) | 7.31% | ||
| GM | 20.57% |
OM growth 3Y63.2%
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y8.9%
GM growth 5Y30.64%
2. Health
2.1 Basic Checks
OII has a Return on Invested Capital (ROIC), which is just above the Cost of Capital (WACC), which means it is creating some value.
The number of shares outstanding for OII remains at a similar level compared to 1 year ago.
OII has more shares outstanding than it did 5 years ago.
The debt/assets ratio for OII has been reduced compared to a year ago.
2.2 Solvency
An Altman-Z score of 3.98 indicates that OII is not in any danger for bankruptcy at the moment.
Looking at the Altman-Z score, with a value of 3.98, OII belongs to the top of the industry, outperforming 86.89% of the companies in the same industry.
The Debt to FCF ratio of OII is 4.77, which is a neutral value as it means it would take OII, 4.77 years of fcf income to pay off all of its debts.
OII has a Debt to FCF ratio of 4.77. This is comparable to the rest of the industry: OII outperforms 47.54% of its industry peers.
OII has a Debt/Equity ratio of 0.58. This is a neutral value indicating OII is somewhat dependend on debt financing.
With a Debt to Equity ratio value of 0.58, OII is not doing good in the industry: 60.66% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.58 | ||
| Debt/FCF | 4.77 | ||
| Altman-Z | 3.98 |
ROIC/WACC1.44
WACC8.41%
2.3 Liquidity
A Current Ratio of 2.00 indicates that OII should not have too much problems paying its short term obligations.
OII has a Current ratio of 2.00. This is comparable to the rest of the industry: OII outperforms 57.38% of its industry peers.
A Quick Ratio of 1.67 indicates that OII should not have too much problems paying its short term obligations.
With a decent Quick ratio value of 1.67, OII is doing good in the industry, outperforming 62.30% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2 | ||
| Quick Ratio | 1.67 |
3. Growth
3.1 Past
OII shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 88.57%, which is quite impressive.
The Earnings Per Share has been growing by 103.37% on average over the past years. This is a very strong growth
OII shows quite a strong growth in Revenue. In the last year, the Revenue has grown by 8.14%.
Measured over the past years, OII shows a small growth in Revenue. The Revenue has been growing by 5.38% on average per year.
EPS 1Y (TTM)88.57%
EPS 3Y103.37%
EPS 5YN/A
EPS Q2Q%58.82%
Revenue 1Y (TTM)8.14%
Revenue growth 3Y12.49%
Revenue growth 5Y5.38%
Sales Q2Q%4.39%
3.2 Future
The Earnings Per Share is expected to grow by 12.58% on average over the next years. This is quite good.
Based on estimates for the next years, OII will show a small growth in Revenue. The Revenue will grow by 5.08% on average per year.
EPS Next Y15.86%
EPS Next 2Y12.93%
EPS Next 3Y13.31%
EPS Next 5Y12.58%
Revenue Next Year5.45%
Revenue Next 2Y3.76%
Revenue Next 3Y5.1%
Revenue Next 5Y5.08%
3.3 Evolution
The estimated forward EPS growth is still strong, although it is decreasing when compared to the stronger growth in the past years.
The Revenue growth rate is stable: in the next years the growth will be about the same than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
The Price/Earnings ratio is 12.25, which indicates a correct valuation of OII.
72.13% of the companies in the same industry are more expensive than OII, based on the Price/Earnings ratio.
OII is valuated cheaply when we compare the Price/Earnings ratio to 27.20, which is the current average of the S&P500 Index.
With a Price/Forward Earnings ratio of 13.30, OII is valued correctly.
Compared to the rest of the industry, the Price/Forward Earnings ratio of OII indicates a somewhat cheap valuation: OII is cheaper than 65.57% of the companies listed in the same industry.
Compared to an average S&P500 Price/Forward Earnings ratio of 22.70, OII is valued a bit cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 12.25 | ||
| Fwd PE | 13.3 |
4.2 Price Multiples
OII's Enterprise Value to EBITDA ratio is in line with the industry average.
Based on the Price/Free Cash Flow ratio, OII is valued a bit more expensive than 60.66% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 23.91 | ||
| EV/EBITDA | 5.95 |
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.
OII has a very decent profitability rating, which may justify a higher PE ratio.
A more expensive valuation may be justified as OII's earnings are expected to grow with 13.30% in the coming years.
PEG (NY)0.77
PEG (5Y)N/A
EPS Next 2Y12.93%
EPS Next 3Y13.31%
5. Dividend
5.1 Amount
OII does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
24.26
-0.01 (-0.04%)
Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryEnergy Equipment & Services
Earnings (Last)
Earnings (Next)
Inst Owners96.2%
Inst Owner Change1.8%
Ins Owners8.05%
Ins Owner Change1.52%
Market Cap2.43B
Analysts49.09
Price Target22.82 (-5.94%)
Short Float %3.13%
Short Ratio4.27
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
Yearly DividendN/A
Dividend Growth(5Y)N/A
DP0%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)50.45%
Min EPS beat(2)33.89%
Max EPS beat(2)67%
EPS beat(4)3
Avg EPS beat(4)32.78%
Min EPS beat(4)-10.6%
Max EPS beat(4)67%
EPS beat(8)6
Avg EPS beat(8)55.7%
EPS beat(12)7
Avg EPS beat(12)34.17%
EPS beat(16)8
Avg EPS beat(16)108.87%
Revenue beat(2)2
Avg Revenue beat(2)1.79%
Min Revenue beat(2)1.04%
Max Revenue beat(2)2.54%
Revenue beat(4)3
Avg Revenue beat(4)0.94%
Min Revenue beat(4)-2.73%
Max Revenue beat(4)2.91%
Revenue beat(8)6
Avg Revenue beat(8)1%
Revenue beat(12)8
Avg Revenue beat(12)0.58%
Revenue beat(16)9
Avg Revenue beat(16)0.05%
PT rev (1m)5.92%
PT rev (3m)9.15%
EPS NQ rev (1m)2.63%
EPS NQ rev (3m)1.7%
EPS NY rev (1m)0%
EPS NY rev (3m)0%
Revenue NQ rev (1m)1.53%
Revenue NQ rev (3m)0.83%
Revenue NY rev (1m)0.39%
Revenue NY rev (3m)0.54%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 12.25 | ||
| Fwd PE | 13.3 | ||
| P/S | 0.88 | ||
| P/FCF | 23.91 | ||
| P/OCF | 11.21 | ||
| P/B | 2.89 | ||
| P/tB | 3.07 | ||
| EV/EBITDA | 5.95 |
EPS(TTM)1.98
EY8.16%
EPS(NY)1.82
Fwd EY7.52%
FCF(TTM)1.01
FCFY4.18%
OCF(TTM)2.16
OCFY8.92%
SpS27.6
BVpS8.4
TBVpS7.89
PEG (NY)0.77
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 8.69% | ||
| ROE | 24.01% | ||
| ROCE | 19.28% | ||
| ROIC | 12.15% | ||
| ROICexc | 16.65% | ||
| ROICexgc | 17.41% | ||
| OM | 11.37% | ||
| PM (TTM) | 7.31% | ||
| GM | 20.57% | ||
| FCFM | 3.68% |
ROA(3y)3.98%
ROA(5y)-2.97%
ROE(3y)13.72%
ROE(5y)-11.72%
ROIC(3y)7.48%
ROIC(5y)N/A
ROICexc(3y)11.27%
ROICexc(5y)N/A
ROICexgc(3y)12.05%
ROICexgc(5y)N/A
ROCE(3y)11.87%
ROCE(5y)N/A
ROICexcg growth 3Y78.13%
ROICexcg growth 5YN/A
ROICexc growth 3Y76.36%
ROICexc growth 5YN/A
OM growth 3Y63.2%
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y8.9%
GM growth 5Y30.64%
F-Score7
Asset Turnover1.19
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.58 | ||
| Debt/FCF | 4.77 | ||
| Debt/EBITDA | 1.17 | ||
| Cap/Depr | 114.83% | ||
| Cap/Sales | 4.16% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 52.28% | ||
| Profit Quality | 50.29% | ||
| Current Ratio | 2 | ||
| Quick Ratio | 1.67 | ||
| Altman-Z | 3.98 |
F-Score7
WACC8.41%
ROIC/WACC1.44
Cap/Depr(3y)88.84%
Cap/Depr(5y)62.79%
Cap/Sales(3y)4.03%
Cap/Sales(5y)3.62%
Profit Quality(3y)110.29%
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)88.57%
EPS 3Y103.37%
EPS 5YN/A
EPS Q2Q%58.82%
EPS Next Y15.86%
EPS Next 2Y12.93%
EPS Next 3Y13.31%
EPS Next 5Y12.58%
Revenue 1Y (TTM)8.14%
Revenue growth 3Y12.49%
Revenue growth 5Y5.38%
Sales Q2Q%4.39%
Revenue Next Year5.45%
Revenue Next 2Y3.76%
Revenue Next 3Y5.1%
Revenue Next 5Y5.08%
EBIT growth 1Y55.3%
EBIT growth 3Y83.59%
EBIT growth 5YN/A
EBIT Next Year67.62%
EBIT Next 3Y23.88%
EBIT Next 5Y16.51%
FCF growth 1Y-25.76%
FCF growth 3Y-18.13%
FCF growth 5Y57.54%
OCF growth 1Y-2.75%
OCF growth 3Y-3.38%
OCF growth 5Y5.22%