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HELIX ENERGY SOLUTIONS GROUP (HLX) Stock Fundamental Analysis

NYSE:HLX - New York Stock Exchange, Inc. - US42330P1075 - Common Stock - Currency: USD

6.495  +0.25 (+4.09%)

Fundamental Rating

5

Overall HLX gets a fundamental rating of 5 out of 10. We evaluated HLX against 63 industry peers in the Energy Equipment & Services industry. While HLX seems to be doing ok healthwise, there are quite some concerns on its profitability. HLX has a decent growth rate and is not valued too expensively.


Dividend Valuation Growth Profitability Health

3

1. Profitability

1.1 Basic Checks

In the past year HLX was profitable.
HLX had a positive operating cash flow in the past year.
In multiple years HLX reported negative net income over the last 5 years.
HLX had a positive operating cash flow in each of the past 5 years.
HLX Yearly Net Income VS EBIT VS OCF VS FCFHLX Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 100M -100M -200M -300M

1.2 Ratios

With a Return On Assets value of 3.22%, HLX perfoms like the industry average, outperforming 47.62% of the companies in the same industry.
The Return On Equity of HLX (5.50%) is comparable to the rest of the industry.
HLX's Return On Invested Capital of 4.69% is on the low side compared to the rest of the industry. HLX is outperformed by 65.08% of its industry peers.
Industry RankSector Rank
ROA 3.22%
ROE 5.5%
ROIC 4.69%
ROA(3y)-0.65%
ROA(5y)-0.77%
ROE(3y)-0.95%
ROE(5y)-1.1%
ROIC(3y)N/A
ROIC(5y)N/A
HLX Yearly ROA, ROE, ROICHLX Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 -10 -20

1.3 Margins

HLX has a Profit Margin of 6.33%. This is comparable to the rest of the industry: HLX outperforms 55.56% of its industry peers.
HLX's Profit Margin has declined in the last couple of years.
HLX's Operating Margin of 10.24% is in line compared to the rest of the industry. HLX outperforms 47.62% of its industry peers.
HLX's Operating Margin has been stable in the last couple of years.
The Gross Margin of HLX (16.98%) is worse than 79.37% of its industry peers.
In the last couple of years the Gross Margin of HLX has declined.
Industry RankSector Rank
OM 10.24%
PM (TTM) 6.33%
GM 16.98%
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%
HLX Yearly Profit, Operating, Gross MarginsHLX Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 -20 -40

6

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.
Compared to 5 years ago, HLX has more shares outstanding
The debt/assets ratio for HLX has been reduced compared to a year ago.
HLX Yearly Shares OutstandingHLX Yearly Shares OutstandingYearly Shares Outstanding 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 50M 100M 150M
HLX Yearly Total Debt VS Total AssetsHLX Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 500M 1B 1.5B 2B 2.5B

2.2 Solvency

HLX has an Altman-Z score of 1.59. This is a bad value and indicates that HLX is not financially healthy and even has some risk of bankruptcy.
HLX has a Altman-Z score (1.59) which is in line with its industry peers.
HLX has a debt to FCF ratio of 2.73. This is a good value and a sign of high solvency as HLX would need 2.73 years to pay back of all of its debts.
HLX has a Debt to FCF ratio of 2.73. This is in the better half of the industry: HLX outperforms 71.43% of its industry peers.
HLX has a Debt/Equity ratio of 0.20. This is a healthy value indicating a solid balance between debt and equity.
The Debt to Equity ratio of HLX (0.20) is better than 69.84% of its industry peers.
Industry RankSector Rank
Debt/Equity 0.2
Debt/FCF 2.73
Altman-Z 1.59
ROIC/WACC0.58
WACC8.15%
HLX Yearly LT Debt VS Equity VS FCFHLX Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 500M 1B 1.5B

2.3 Liquidity

HLX has a Current Ratio of 2.28. This indicates that HLX is financially healthy and has no problem in meeting its short term obligations.
With a decent Current ratio value of 2.28, HLX is doing good in the industry, outperforming 71.43% of the companies in the same industry.
A Quick Ratio of 2.28 indicates that HLX has no problem at all paying its short term obligations.
With an excellent Quick ratio value of 2.28, HLX belongs to the best of the industry, outperforming 84.13% of the companies in the same industry.
Industry RankSector Rank
Current Ratio 2.28
Quick Ratio 2.28
HLX Yearly Current Assets VS Current LiabilitesHLX Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 200M 400M 600M

5

3. Growth

3.1 Past

The Earnings Per Share has grown by an impressive 1275.00% over the past year.
The Earnings Per Share has been decreasing by -0.55% on average over the past years.
The Revenue has been growing slightly by 0.34% in the past year.
HLX shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 12.56% yearly.
EPS 1Y (TTM)1275%
EPS 3YN/A
EPS 5Y-0.55%
EPS Q2Q%111.76%
Revenue 1Y (TTM)0.34%
Revenue growth 3Y26.28%
Revenue growth 5Y12.56%
Sales Q2Q%-6.13%

3.2 Future

HLX is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 26.62% yearly.
HLX is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 4.14% yearly.
EPS Next Y1.34%
EPS Next 2Y36.49%
EPS Next 3Y39.61%
EPS Next 5Y26.62%
Revenue Next Year-0.15%
Revenue Next 2Y3.37%
Revenue Next 3Y4.33%
Revenue Next 5Y4.14%

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.
The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
HLX Yearly Revenue VS EstimatesHLX Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 500M 1B 1.5B
HLX Yearly EPS VS EstimatesHLX Yearly EPS VS EstimatesYearly EPS VS Estimates 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 0 0.5 -0.5 1 1.5

6

4. Valuation

4.1 Price/Earnings Ratio

A Price/Earnings ratio of 11.81 indicates a reasonable valuation of HLX.
74.60% of the companies in the same industry are more expensive than HLX, based on the Price/Earnings ratio.
HLX is valuated cheaply when we compare the Price/Earnings ratio to 27.15, which is the current average of the S&P500 Index.
With a Price/Forward Earnings ratio of 9.68, the valuation of HLX can be described as very reasonable.
Based on the Price/Forward Earnings ratio, HLX is valued a bit cheaper than 79.37% of the companies in the same industry.
The average S&P500 Price/Forward Earnings ratio is at 21.60. HLX is valued rather cheaply when compared to this.
Industry RankSector Rank
PE 11.81
Fwd PE 9.68
HLX Price Earnings VS Forward Price EarningsHLX Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 5 10 15 20 25

4.2 Price Multiples

85.71% of the companies in the same industry are more expensive than HLX, based on the Enterprise Value to EBITDA ratio.
HLX's Price/Free Cash Flow ratio is a bit cheaper when compared to the industry. HLX is cheaper than 73.02% of the companies in the same industry.
Industry RankSector Rank
P/FCF 8.65
EV/EBITDA 3.39
HLX Per share dataHLX EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 2 4 6 8 10

4.3 Compensation for Growth

The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates HLX does not grow enough to justify the current Price/Earnings ratio.
HLX's earnings are expected to grow with 39.61% in the coming years. This may justify a more expensive valuation.
PEG (NY)8.83
PEG (5Y)N/A
EPS Next 2Y36.49%
EPS Next 3Y39.61%

0

5. Dividend

5.1 Amount

HLX does not give a dividend.
Industry RankSector Rank
Dividend Yield N/A

HELIX ENERGY SOLUTIONS GROUP

NYSE:HLX (7/1/2025, 3:33:02 PM)

6.495

+0.25 (+4.09%)

Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryEnergy Equipment & Services
Earnings (Last)04-23 2025-04-23/amc
Earnings (Next)07-23 2025-07-23/amc
Inst Owners90.41%
Inst Owner Change-3.41%
Ins Owners6.56%
Ins Owner Change9.63%
Market Cap984.19M
Analysts77.78
Price Target12.89 (98.46%)
Short Float %4.3%
Short Ratio3.44
Dividend
Industry RankSector 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)2
Avg EPS beat(2)766.91%
Min EPS beat(2)49.67%
Max EPS beat(2)1484.16%
EPS beat(4)4
Avg EPS beat(4)400.42%
Min EPS beat(4)9.12%
Max EPS beat(4)1484.16%
EPS beat(8)5
Avg EPS beat(8)85.6%
EPS beat(12)8
Avg EPS beat(12)959.77%
EPS beat(16)9
Avg EPS beat(16)717.72%
Revenue beat(2)1
Avg Revenue beat(2)4.83%
Min Revenue beat(2)-3.14%
Max Revenue beat(2)12.81%
Revenue beat(4)2
Avg Revenue beat(4)2.42%
Min Revenue beat(4)-6.45%
Max Revenue beat(4)12.81%
Revenue beat(8)5
Avg Revenue beat(8)4.81%
Revenue beat(12)8
Avg Revenue beat(12)5.77%
Revenue beat(16)11
Avg Revenue beat(16)5.89%
PT rev (1m)0%
PT rev (3m)-10.61%
EPS NQ rev (1m)8.33%
EPS NQ rev (3m)-87.67%
EPS NY rev (1m)-1.45%
EPS NY rev (3m)-51.35%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-14.33%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-7.66%
Valuation
Industry RankSector Rank
PE 11.81
Fwd PE 9.68
P/S 0.73
P/FCF 8.65
P/OCF 7.13
P/B 0.64
P/tB 0.64
EV/EBITDA 3.39
EPS(TTM)0.55
EY8.47%
EPS(NY)0.67
Fwd EY10.33%
FCF(TTM)0.75
FCFY11.56%
OCF(TTM)0.91
OCFY14.02%
SpS8.85
BVpS10.2
TBVpS10.17
PEG (NY)8.83
PEG (5Y)N/A
Profitability
Industry RankSector Rank
ROA 3.22%
ROE 5.5%
ROCE 5.94%
ROIC 4.69%
ROICexc 5.58%
ROICexgc 5.59%
OM 10.24%
PM (TTM) 6.33%
GM 16.98%
FCFM 8.49%
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
ROICexcg growth 3YN/A
ROICexcg 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-Score8
Asset Turnover0.51
Health
Industry RankSector Rank
Debt/Equity 0.2
Debt/FCF 2.73
Debt/EBITDA 1.15
Cap/Depr 19.49%
Cap/Sales 1.8%
Interest Coverage 4.4
Cash Conversion 52.81%
Profit Quality 134.02%
Current Ratio 2.28
Quick Ratio 2.28
Altman-Z 1.59
F-Score8
WACC8.15%
ROIC/WACC0.58
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)1275%
EPS 3YN/A
EPS 5Y-0.55%
EPS Q2Q%111.76%
EPS Next Y1.34%
EPS Next 2Y36.49%
EPS Next 3Y39.61%
EPS Next 5Y26.62%
Revenue 1Y (TTM)0.34%
Revenue growth 3Y26.28%
Revenue growth 5Y12.56%
Sales Q2Q%-6.13%
Revenue Next Year-0.15%
Revenue Next 2Y3.37%
Revenue Next 3Y4.33%
Revenue Next 5Y4.14%
EBIT growth 1Y93.38%
EBIT growth 3YN/A
EBIT growth 5Y13.47%
EBIT Next Year138.64%
EBIT Next 3Y46.98%
EBIT Next 5Y28.5%
FCF growth 1Y384.26%
FCF growth 3Y7.28%
FCF growth 5Y41.39%
OCF growth 1Y118.68%
OCF growth 3Y9.91%
OCF growth 5Y1.85%