OCEANEERING INTL INC (OII) Stock Fundamental Analysis
NYSE:OII - New York Stock Exchange, Inc. - US6752321025 - Common Stock - Currency: USD
Overall OII gets a fundamental rating of 5 out of 10. We evaluated OII against 62 industry peers in the Energy Equipment & Services industry. OII has only an average score on both its financial health and profitability. OII has a decent growth rate and is not valued too expensively.
1. Profitability
1.1 Basic Checks
In the past year OII was profitable.
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.
In the past 5 years OII always reported a positive cash flow from operatings.
1.2 Ratios
The Return On Assets of OII (6.31%) is better than 66.13% of its industry peers.
OII's Return On Equity of 20.65% is amongst the best of the industry. OII outperforms 87.10% of its industry peers.
OII's Return On Invested Capital of 10.08% is fine compared to the rest of the industry. OII outperforms 77.42% of its industry peers.
OII had an Average Return On Invested Capital over the past 3 years of 7.48%. This is in line with the industry average of 8.28%.
The last Return On Invested Capital (10.08%) for OII is above the 3 year average (7.48%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 6.31% | ||
| ROE | 20.65% | ||
| ROIC | 10.08% |
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
With a Profit Margin value of 5.54%, OII perfoms like the industry average, outperforming 45.16% of the companies in the same industry.
OII has a Operating Margin (9.25%) which is in line with its industry peers.
In the last couple of years the Operating Margin of OII has grown nicely.
With a Gross Margin value of 18.24%, OII is not doing good in the industry: 74.19% of the companies in the same industry are doing better.
OII's Gross Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 9.25% | ||
| PM (TTM) | 5.54% | ||
| GM | 18.24% |
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
The Return on Invested Capital (ROIC) is just above the Cost of Capital (WACC), so OII is still 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.
OII has a better debt/assets ratio than last year.
2.2 Solvency
OII has an Altman-Z score of 3.42. This indicates that OII is financially healthy and has little risk of bankruptcy at the moment.
With an excellent Altman-Z score value of 3.42, OII belongs to the best of the industry, outperforming 80.65% of the companies in the same industry.
OII has a debt to FCF ratio of 5.02. This is a neutral value as OII would need 5.02 years to pay back of all of its debts.
OII has a Debt to FCF ratio (5.02) which is comparable to the rest of the industry.
OII has a Debt/Equity ratio of 0.67. This is a neutral value indicating OII is somewhat dependend on debt financing.
Looking at the Debt to Equity ratio, with a value of 0.67, OII is doing worse than 67.74% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.67 | ||
| Debt/FCF | 5.02 | ||
| Altman-Z | 3.42 |
ROIC/WACC1.19
WACC8.46%
2.3 Liquidity
OII has a Current Ratio of 1.74. This is a normal value and indicates that OII is financially healthy and should not expect problems in meeting its short term obligations.
The Current ratio of OII (1.74) is comparable to the rest of the industry.
OII has a Quick Ratio of 1.46. This is a normal value and indicates that OII is financially healthy and should not expect problems in meeting its short term obligations.
Looking at the Quick ratio, with a value of 1.46, OII is in line with its industry, outperforming 43.55% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.74 | ||
| Quick Ratio | 1.46 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 93.26% over the past year.
OII shows a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 103.37% yearly.
Looking at the last year, OII shows a quite strong growth in Revenue. The Revenue has grown by 10.04% in the last year.
The Revenue has been growing slightly by 5.38% on average over the past years.
EPS 1Y (TTM)93.26%
EPS 3Y103.37%
EPS 5YN/A
EPS Q2Q%207.14%
Revenue 1Y (TTM)10.04%
Revenue growth 3Y12.49%
Revenue growth 5Y5.38%
Sales Q2Q%12.59%
3.2 Future
The Earnings Per Share is expected to grow by 12.84% on average over the next years. This is quite good.
The Revenue is expected to grow by 5.13% on average over the next years.
EPS Next Y14.89%
EPS Next 2Y14.27%
EPS Next 3Y15.79%
EPS Next 5Y12.84%
Revenue Next Year4.92%
Revenue Next 2Y4.14%
Revenue Next 3Y4%
Revenue Next 5Y5.13%
3.3 Evolution
Although the future EPS growth is still strong, it is not able to hold up the even more excellent growth rate of 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
A Price/Earnings ratio of 10.76 indicates a reasonable valuation of OII.
70.97% of the companies in the same industry are more expensive than OII, based on the Price/Earnings ratio.
When comparing the Price/Earnings ratio of OII to the average of the S&P500 Index (28.98), we can say OII is valued rather cheaply.
With a Price/Forward Earnings ratio of 9.91, the valuation of OII can be described as very reasonable.
Based on the Price/Forward Earnings ratio, OII is valued a bit cheaper than the industry average as 69.35% of the companies are valued more expensively.
The average S&P500 Price/Forward Earnings ratio is at 21.38. OII is valued rather cheaply when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 10.76 | ||
| Fwd PE | 9.91 |
4.2 Price Multiples
OII's Enterprise Value to EBITDA is on the same level as the industry average.
The rest of the industry has a similar Price/Free Cash Flow ratio as OII.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 19.46 | ||
| EV/EBITDA | 5.26 |
4.3 Compensation for Growth
OII's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
The decent profitability rating of OII may justify a higher PE ratio.
OII's earnings are expected to grow with 15.79% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.72
PEG (5Y)N/A
EPS Next 2Y14.27%
EPS Next 3Y15.79%
5. Dividend
5.1 Amount
No dividends for OII!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
18.5
+0.56 (+3.12%)
Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryEnergy Equipment & Services
Earnings (Last)
Earnings (Next)
Inst Owners100.84%
Inst Owner Change0.21%
Ins Owners1.87%
Ins Owner Change4.28%
Market Cap1.87B
Analysts49.09
Price Target22.19 (19.95%)
Short Float %4.36%
Short Ratio3.49
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)1
Avg EPS beat(2)15.12%
Min EPS beat(2)-10.6%
Max EPS beat(2)40.83%
EPS beat(4)3
Avg EPS beat(4)87.61%
Min EPS beat(4)-10.6%
Max EPS beat(4)320.02%
EPS beat(8)4
Avg EPS beat(8)33.25%
EPS beat(12)5
Avg EPS beat(12)18.2%
EPS beat(16)8
Avg EPS beat(16)119.53%
Revenue beat(2)1
Avg Revenue beat(2)0.09%
Min Revenue beat(2)-2.73%
Max Revenue beat(2)2.91%
Revenue beat(4)3
Avg Revenue beat(4)0.62%
Min Revenue beat(4)-2.73%
Max Revenue beat(4)2.91%
Revenue beat(8)5
Avg Revenue beat(8)0.78%
Revenue beat(12)7
Avg Revenue beat(12)0.27%
Revenue beat(16)9
Avg Revenue beat(16)0.41%
PT rev (1m)-21.76%
PT rev (3m)-21.2%
EPS NQ rev (1m)1.48%
EPS NQ rev (3m)-8.74%
EPS NY rev (1m)1.22%
EPS NY rev (3m)-12.9%
Revenue NQ rev (1m)-0.96%
Revenue NQ rev (3m)-2.53%
Revenue NY rev (1m)-1.13%
Revenue NY rev (3m)-1.9%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 10.76 | ||
| Fwd PE | 9.91 | ||
| P/S | 0.7 | ||
| P/FCF | 19.46 | ||
| P/OCF | 9.2 | ||
| P/B | 2.62 | ||
| P/tB | 2.81 | ||
| EV/EBITDA | 5.26 |
EPS(TTM)1.72
EY9.3%
EPS(NY)1.87
Fwd EY10.09%
FCF(TTM)0.95
FCFY5.14%
OCF(TTM)2.01
OCFY10.87%
SpS26.33
BVpS7.07
TBVpS6.58
PEG (NY)0.72
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 6.31% | ||
| ROE | 20.65% | ||
| ROCE | 16% | ||
| ROIC | 10.08% | ||
| ROICexc | 15% | ||
| ROICexgc | 15.75% | ||
| OM | 9.25% | ||
| PM (TTM) | 5.54% | ||
| GM | 18.24% | ||
| FCFM | 3.61% |
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-Score8
Asset Turnover1.14
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.67 | ||
| Debt/FCF | 5.02 | ||
| Debt/EBITDA | 1.38 | ||
| Cap/Depr | 103.57% | ||
| Cap/Sales | 4.03% | ||
| Interest Coverage | 7.7 | ||
| Cash Conversion | 58.11% | ||
| Profit Quality | 65.15% | ||
| Current Ratio | 1.74 | ||
| Quick Ratio | 1.46 | ||
| Altman-Z | 3.42 |
F-Score8
WACC8.46%
ROIC/WACC1.19
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)93.26%
EPS 3Y103.37%
EPS 5YN/A
EPS Q2Q%207.14%
EPS Next Y14.89%
EPS Next 2Y14.27%
EPS Next 3Y15.79%
EPS Next 5Y12.84%
Revenue 1Y (TTM)10.04%
Revenue growth 3Y12.49%
Revenue growth 5Y5.38%
Sales Q2Q%12.59%
Revenue Next Year4.92%
Revenue Next 2Y4.14%
Revenue Next 3Y4%
Revenue Next 5Y5.13%
EBIT growth 1Y35.81%
EBIT growth 3Y83.59%
EBIT growth 5YN/A
EBIT Next Year56.45%
EBIT Next 3Y24.32%
EBIT Next 5Y16.33%
FCF growth 1Y-12.04%
FCF growth 3Y-18.13%
FCF growth 5Y57.54%
OCF growth 1Y-3.21%
OCF growth 3Y-3.38%
OCF growth 5Y5.22%