HELIX ENERGY SOLUTIONS GROUP (HLX) Stock Fundamental Analysis
NYSE:HLX - New York Stock Exchange, Inc. - US42330P1075 - Common Stock - Currency: USD
Taking everything into account, HLX scores 5 out of 10 in our fundamental rating. HLX was compared to 62 industry peers in the Energy Equipment & Services industry. No worries on liquidiy or solvency for HLX as it has an excellent financial health rating, but there are worries on the profitability. HLX scores decently on growth, while it is valued quite cheap. This could make an interesting combination.
1. Profitability
1.1 Basic Checks
In the past year HLX was profitable.
In the past year HLX had a positive cash flow from operations.
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.
1.2 Ratios
Looking at the Return On Assets, with a value of 2.14%, HLX is doing worse than 62.90% of the companies in the same industry.
HLX has a worse Return On Equity (3.66%) than 66.13% of its industry peers.
HLX has a Return On Invested Capital of 4.41%. This is in the lower half of the industry: HLX underperforms 67.74% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.14% | ||
| ROE | 3.66% | ||
| ROIC | 4.41% |
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 has a Profit Margin (4.09%) which is in line with its industry peers.
In the last couple of years the Profit Margin of HLX has declined.
HLX's Operating Margin of 9.42% is in line compared to the rest of the industry. HLX outperforms 46.77% of its industry peers.
HLX's Operating Margin has been stable in the last couple of years.
HLX has a Gross Margin of 16.16%. This is amonst the worse of the industry: HLX underperforms 80.65% of its industry peers.
In the last couple of years the Gross Margin of HLX has declined.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 9.42% | ||
| PM (TTM) | 4.09% | ||
| GM | 16.16% |
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
The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so HLX is destroying value.
Compared to 1 year ago, HLX has less shares outstanding
Compared to 5 years ago, HLX has more shares outstanding
HLX has a better debt/assets ratio than last year.
2.2 Solvency
Based on the Altman-Z score of 1.62, we must say that HLX is in the distress zone and has some risk of bankruptcy.
HLX has a Altman-Z score of 1.62. This is comparable to the rest of the industry: HLX outperforms 50.00% of its industry peers.
HLX has a debt to FCF ratio of 1.94. This is a very positive value and a sign of high solvency as it would only need 1.94 years to pay back of all of its debts.
HLX has a better Debt to FCF ratio (1.94) than 74.19% 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 66.13% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.2 | ||
| Debt/FCF | 1.94 | ||
| Altman-Z | 1.62 |
ROIC/WACC0.48
WACC9.19%
2.3 Liquidity
A Current Ratio of 2.33 indicates that HLX has no problem at all paying its short term obligations.
The Current ratio of HLX (2.33) is better than 69.35% of its industry peers.
HLX has a Quick Ratio of 2.33. This indicates that HLX is financially healthy and has no problem in meeting its short term obligations.
The Quick ratio of HLX (2.33) is better than 83.87% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.33 | ||
| Quick Ratio | 2.33 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 1275.00% over the past year.
Measured over the past years, HLX shows a decrease in Earnings Per Share. The EPS has been decreasing by -0.55% on average per year.
The Revenue has been growing slightly by 5.34% in the past year.
Measured over the past years, HLX shows a quite strong growth in Revenue. The Revenue has been growing by 12.56% on average per year.
EPS 1Y (TTM)1275%
EPS 3YN/A
EPS 5Y-0.55%
EPS Q2Q%111.76%
Revenue 1Y (TTM)5.34%
Revenue growth 3Y26.28%
Revenue growth 5Y12.56%
Sales Q2Q%-6.13%
3.2 Future
Based on estimates for the next years, HLX will show a very strong growth in Earnings Per Share. The EPS will grow by 29.74% on average per year.
The Revenue is expected to grow by 4.88% on average over the next years.
EPS Next Y108.31%
EPS Next 2Y60.5%
EPS Next 3Y45.15%
EPS Next 5Y29.74%
Revenue Next Year8.13%
Revenue Next 2Y6.31%
Revenue Next 3Y5.49%
Revenue Next 5Y4.88%
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.
4. Valuation
4.1 Price/Earnings Ratio
With a Price/Earnings ratio of 12.15, HLX is valued correctly.
Compared to the rest of the industry, the Price/Earnings ratio of HLX indicates a somewhat cheap valuation: HLX is cheaper than 64.52% of the companies listed in the same industry.
HLX's Price/Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 23.99.
HLX is valuated cheaply with a Price/Forward Earnings ratio of 7.20.
Based on the Price/Forward Earnings ratio, HLX is valued cheaply inside the industry as 82.26% of the companies are valued more expensively.
When comparing the Price/Forward Earnings ratio of HLX to the average of the S&P500 Index (20.35), we can say HLX is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 12.15 | ||
| Fwd PE | 7.2 |
4.2 Price Multiples
HLX's Enterprise Value to EBITDA ratio is a bit cheaper when compared to the industry. HLX is cheaper than 75.81% of the companies in the same industry.
Based on the Price/Free Cash Flow ratio, HLX is valued cheaply inside the industry as 83.87% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 6.22 | ||
| EV/EBITDA | 3.51 |
4.3 Compensation for Growth
HLX's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
A more expensive valuation may be justified as HLX's earnings are expected to grow with 45.15% in the coming years.
PEG (NY)0.11
PEG (5Y)N/A
EPS Next 2Y60.5%
EPS Next 3Y45.15%
5. Dividend
5.1 Amount
HLX does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
NYSE:HLX (5/8/2025, 11:04:00 AM)
6.68
+0.19 (+2.93%)
Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryEnergy Equipment & Services
Earnings (Last)
Earnings (Next)
Inst Owners94.14%
Inst Owner Change-0.72%
Ins Owners6.14%
Ins Owner Change8.6%
Market Cap1.01B
Analysts78
Price Target14.42 (115.87%)
Short Float %3.87%
Short Ratio2.52
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)2
Avg EPS beat(2)29.39%
Min EPS beat(2)9.12%
Max EPS beat(2)49.67%
EPS beat(4)3
Avg EPS beat(4)-194.11%
Min EPS beat(4)-893.95%
Max EPS beat(4)58.72%
EPS beat(8)5
Avg EPS beat(8)-97.49%
EPS beat(12)7
Avg EPS beat(12)832.96%
EPS beat(16)9
Avg EPS beat(16)629.42%
Revenue beat(2)1
Avg Revenue beat(2)3.18%
Min Revenue beat(2)-6.45%
Max Revenue beat(2)12.81%
Revenue beat(4)2
Avg Revenue beat(4)2.92%
Min Revenue beat(4)-6.45%
Max Revenue beat(4)12.81%
Revenue beat(8)6
Avg Revenue beat(8)5.87%
Revenue beat(12)9
Avg Revenue beat(12)6.4%
Revenue beat(16)11
Avg Revenue beat(16)5.99%
PT rev (1m)0%
PT rev (3m)-2.3%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-68.45%
EPS NY rev (1m)0%
EPS NY rev (3m)-2.3%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-5.13%
Revenue NY rev (1m)0%
Revenue NY rev (3m)2.87%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 12.15 | ||
| Fwd PE | 7.2 | ||
| P/S | 0.75 | ||
| P/FCF | 6.22 | ||
| P/OCF | 5.44 | ||
| P/B | 0.67 | ||
| P/tB | 0.67 | ||
| EV/EBITDA | 3.51 |
EPS(TTM)0.55
EY8.23%
EPS(NY)0.93
Fwd EY13.88%
FCF(TTM)1.07
FCFY16.08%
OCF(TTM)1.23
OCFY18.38%
SpS8.97
BVpS10.03
TBVpS10.01
PEG (NY)0.11
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.14% | ||
| ROE | 3.66% | ||
| ROCE | 5.58% | ||
| ROIC | 4.41% | ||
| ROICexc | 5.25% | ||
| ROICexgc | 5.26% | ||
| OM | 9.42% | ||
| PM (TTM) | 4.09% | ||
| GM | 16.16% | ||
| FCFM | 11.98% |
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-Score9
Asset Turnover0.52
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.2 | ||
| Debt/FCF | 1.94 | ||
| Debt/EBITDA | 1.15 | ||
| Cap/Depr | 16.98% | ||
| Cap/Sales | 1.72% | ||
| Interest Coverage | 5.03 | ||
| Cash Conversion | 70.17% | ||
| Profit Quality | 292.75% | ||
| Current Ratio | 2.33 | ||
| Quick Ratio | 2.33 | ||
| Altman-Z | 1.62 |
F-Score9
WACC9.19%
ROIC/WACC0.48
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 Y108.31%
EPS Next 2Y60.5%
EPS Next 3Y45.15%
EPS Next 5Y29.74%
Revenue 1Y (TTM)5.34%
Revenue growth 3Y26.28%
Revenue growth 5Y12.56%
Sales Q2Q%-6.13%
Revenue Next Year8.13%
Revenue Next 2Y6.31%
Revenue Next 3Y5.49%
Revenue Next 5Y4.88%
EBIT growth 1Y100.87%
EBIT growth 3YN/A
EBIT growth 5Y13.47%
EBIT Next Year208.17%
EBIT Next 3Y48.71%
EBIT Next 5Y30.56%
FCF growth 1Y22.47%
FCF growth 3Y7.28%
FCF growth 5Y41.39%
OCF growth 1Y22.02%
OCF growth 3Y9.91%
OCF growth 5Y1.85%