OCEANEERING INTL INC (OII) Stock Fundamental Analysis
USA - NYSE:OII - US6752321025 - Common Stock
23.11 USD
+0.56 (+2.48%)
23.34 USD
+0.23 (+1%)
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. While OII has a great profitability rating, there are some minor concerns on its financial health. OII is not valued too expensively and it also shows a decent growth rate.
1. Profitability
1.1 Basic Checks
In the past year OII was profitable.
In the past year OII had a positive cash flow from operations.
The reported net income has been mixed in the past 5 years: OII reported negative net income in multiple years.
Each year in the past 5 years OII had a positive operating cash flow.
1.2 Ratios
Looking at the Return On Assets, with a value of 8.69%, OII belongs to the top of the industry, outperforming 83.61% of the companies in the same industry.
With an excellent Return On Equity value of 24.01%, OII belongs to the best of the industry, outperforming 90.16% of the companies in the same industry.
The Return On Invested Capital of OII (12.15%) is better than 85.25% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for OII is in line with the industry average of 8.04%.
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
OII has a Profit Margin of 7.31%. This is in the better half of the industry: OII outperforms 67.21% of its industry peers.
OII has a Operating Margin of 11.37%. This is in the better half of the industry: OII outperforms 62.30% of its industry peers.
OII's Operating Margin has improved in the last couple of years.
With a Gross Margin value of 20.57%, OII is not doing good in the industry: 67.21% of the companies in the same industry are doing better.
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
With a Return on Invested Capital (ROIC) just above the Cost of Capital (WACC), OII 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 3.94 indicates that OII is not in any danger for bankruptcy at the moment.
OII has a Altman-Z score of 3.94. This is amongst the best in the industry. OII outperforms 86.89% of its industry peers.
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 (4.77) which is in line with 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.
OII has a worse Debt to Equity ratio (0.58) than 60.66% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.58 | ||
| Debt/FCF | 4.77 | ||
| Altman-Z | 3.94 |
ROIC/WACC1.51
WACC8.05%
2.3 Liquidity
A Current Ratio of 2.00 indicates that OII should not have too much problems paying its short term obligations.
The Current ratio of OII (2.00) is comparable to the rest of the industry.
A Quick Ratio of 1.67 indicates that OII should not have too much problems paying its short term obligations.
OII's Quick ratio of 1.67 is fine compared to the rest of the industry. OII outperforms 62.30% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2 | ||
| Quick Ratio | 1.67 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 88.57% 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.
The Revenue has grown by 8.14% in the past year. This is quite good.
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
OII is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 12.58% yearly.
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 Y23.32%
EPS Next 2Y12.41%
EPS Next 3Y13.59%
EPS Next 5Y12.58%
Revenue Next Year5.45%
Revenue Next 2Y3.76%
Revenue Next 3Y5.1%
Revenue Next 5Y5.08%
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.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is stable.
4. Valuation
4.1 Price/Earnings Ratio
With a Price/Earnings ratio of 11.67, the valuation of OII can be described as very reasonable.
OII's Price/Earnings ratio is a bit cheaper when compared to the industry. OII is cheaper than 78.69% of the companies in the same industry.
When comparing the Price/Earnings ratio of OII to the average of the S&P500 Index (27.40), we can say OII is valued rather cheaply.
OII is valuated correctly with a Price/Forward Earnings ratio of 12.79.
OII's Price/Forward Earnings ratio is a bit cheaper when compared to the industry. OII is cheaper than 67.21% of the companies in the same industry.
Compared to an average S&P500 Price/Forward Earnings ratio of 22.94, OII is valued a bit cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 11.67 | ||
| Fwd PE | 12.79 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of OII is on the same level as its industry peers.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of OII indicates a slightly more expensive valuation: OII is more expensive than 60.66% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 22.78 | ||
| EV/EBITDA | 5.67 |
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.
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 13.59% in the coming years.
PEG (NY)0.5
PEG (5Y)N/A
EPS Next 2Y12.41%
EPS Next 3Y13.59%
5. Dividend
5.1 Amount
OII does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
23.11
+0.56 (+2.48%)
Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryEnergy Equipment & Services
Earnings (Last)
Earnings (Next)
Inst Owners96.89%
Inst Owner Change0.2%
Ins Owners1.91%
Ins Owner Change1.52%
Market Cap2.32B
Analysts49.09
Price Target22.82 (-1.25%)
Short Float %3.35%
Short Ratio4.62
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)0%
PT rev (3m)5.29%
EPS NQ rev (1m)0%
EPS NQ rev (3m)1.7%
EPS NY rev (1m)6.44%
EPS NY rev (3m)6.44%
Revenue NQ rev (1m)0.42%
Revenue NQ rev (3m)1.26%
Revenue NY rev (1m)0%
Revenue NY rev (3m)0.54%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 11.67 | ||
| Fwd PE | 12.79 | ||
| P/S | 0.84 | ||
| P/FCF | 22.78 | ||
| P/OCF | 10.68 | ||
| P/B | 2.75 | ||
| P/tB | 2.93 | ||
| EV/EBITDA | 5.67 |
EPS(TTM)1.98
EY8.57%
EPS(NY)1.81
Fwd EY7.82%
FCF(TTM)1.01
FCFY4.39%
OCF(TTM)2.16
OCFY9.36%
SpS27.6
BVpS8.4
TBVpS7.89
PEG (NY)0.5
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 | 3.94 |
F-Score7
WACC8.05%
ROIC/WACC1.51
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 Y23.32%
EPS Next 2Y12.41%
EPS Next 3Y13.59%
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 Year68.02%
EBIT Next 3Y24.38%
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%