OCEANEERING INTL INC (OII)
US6752321025 - Common Stock
We assign a fundamental rating of 4 out of 10 to OII. OII was compared to 65 industry peers in the Energy Equipment & Services industry. OII has an average financial health and profitability rating. While showing a medium growth rate, OII is valued expensive at the moment.
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.
Each year in the past 5 years OII had a positive operating cash flow.
1.2 Ratios
OII's Return On Assets of 4.35% is in line compared to the rest of the industry. OII outperforms 52.31% of its industry peers.
OII has a better Return On Equity (15.51%) than 67.69% of its industry peers.
OII has a Return On Invested Capital of 9.51%. This is in the better half of the industry: OII outperforms 69.23% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for OII is below the industry average of 8.52%.
The last Return On Invested Capital (9.51%) for OII is above the 3 year average (5.88%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.35% | ||
| ROE | 15.51% | ||
| ROIC | 9.51% |
ROA(3y)1.04%
ROA(5y)-6.78%
ROE(3y)3.58%
ROE(5y)-22.37%
ROIC(3y)5.88%
ROIC(5y)N/A
1.3 Margins
The Profit Margin of OII (4.02%) is comparable to the rest of the industry.
The Operating Margin of OII (7.48%) is comparable to the rest of the industry.
With a Gross Margin value of 16.45%, OII is not doing good in the industry: 78.46% 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 | 7.48% | ||
| PM (TTM) | 4.02% | ||
| GM | 16.45% |
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y22.43%
GM growth 5Y19.45%
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.
Compared to 1 year ago, OII has more shares outstanding
Compared to 5 years ago, OII has more shares outstanding
Compared to 1 year ago, OII has an improved debt to assets ratio.
2.2 Solvency
An Altman-Z score of 3.48 indicates that OII is not in any danger for bankruptcy at the moment.
OII has a Altman-Z score of 3.48. This is amongst the best in the industry. OII outperforms 83.08% of its industry peers.
The Debt to FCF ratio of OII is 4.37, which is a neutral value as it means it would take OII, 4.37 years of fcf income to pay off all of its debts.
With a Debt to FCF ratio value of 4.37, OII perfoms like the industry average, outperforming 55.38% of the companies in the same industry.
OII has a Debt/Equity ratio of 0.76. This is a neutral value indicating OII is somewhat dependend on debt financing.
OII has a Debt to Equity ratio of 0.76. This is in the lower half of the industry: OII underperforms 69.23% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.76 | ||
| Debt/FCF | 4.37 | ||
| Altman-Z | 3.48 |
ROIC/WACC1.13
WACC8.44%
2.3 Liquidity
OII has a Current Ratio of 1.78. This is a normal value and indicates that OII is financially healthy and should not expect problems in meeting its short term obligations.
OII's Current ratio of 1.78 is in line compared to the rest of the industry. OII outperforms 44.62% of its industry peers.
A Quick Ratio of 1.50 indicates that OII should not have too much problems paying its short term obligations.
With a Quick ratio value of 1.50, OII perfoms like the industry average, outperforming 46.15% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.78 | ||
| Quick Ratio | 1.5 |
3. Growth
3.1 Past
OII shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 166.67%, which is quite impressive.
Looking at the last year, OII shows a quite strong growth in Revenue. The Revenue has grown by 17.36% in the last year.
OII shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 4.89% yearly.
EPS 1Y (TTM)166.67%
EPS 3YN/A
EPS 5YN/A
EPS growth Q2Q216.67%
Revenue 1Y (TTM)17.36%
Revenue growth 3Y9.88%
Revenue growth 5Y4.89%
Revenue growth Q2Q22.08%
3.2 Future
Based on estimates for the next years, OII will show a very strong growth in Earnings Per Share. The EPS will grow by 26.64% on average per year.
Based on estimates for the next years, OII will show a small growth in Revenue. The Revenue will grow by 7.23% on average per year.
EPS Next Y40.14%
EPS Next 2Y46.01%
EPS Next 3Y43.22%
EPS Next 5Y26.64%
Revenue Next Year8.18%
Revenue Next 2Y8.88%
Revenue Next 3Y6.64%
Revenue Next 5Y7.23%
3.3 Evolution
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
4. Valuation
4.1 Price/Earnings Ratio
A Price/Earnings ratio of 31.12 indicates a quite expensive valuation of OII.
OII's Price/Earnings ratio is in line with the industry average.
OII's Price/Earnings ratio indicates a valuation a bit more expensive than the S&P500 average which is at 24.92.
OII is valuated rather expensively with a Price/Forward Earnings ratio of 22.21.
Compared to the rest of the industry, the Price/Forward Earnings ratio of OII indicates a slightly more expensive valuation: OII is more expensive than 70.77% of the companies listed in the same industry.
Compared to an average S&P500 Price/Forward Earnings ratio of 21.49, OII is valued at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 31.12 | ||
| Fwd PE | 22.21 |
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 | 23.11 | ||
| EV/EBITDA | 8.75 |
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.
A more expensive valuation may be justified as OII's earnings are expected to grow with 43.22% in the coming years.
PEG (NY)0.78
PEG (5Y)N/A
EPS Next 2Y46.01%
EPS Next 3Y43.22%
5. Dividend
5.1 Amount
No dividends for OII!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
OCEANEERING INTL INC
NYSE:OII (4/26/2024, 5:30:00 PM)
After market: 25 +0.1 (+0.4%)24.9
+0.35 (+1.43%)
Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryEnergy Equipment & Services
Earnings (Last)
Earnings (Next)
Inst Owners
Inst Owner Change
Ins Owners
Ins Owner Change
Market Cap2.52B
Analysts
Price Target
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
Dividend Growth(5Y)
DP
Div Incr Years
Div Non Decr Years
Ex-Date
Surprises & Revisions
EPS beat(2)
Avg EPS beat(2)
Min EPS beat(2)
Max EPS beat(2)
EPS beat(4)
Avg EPS beat(4)
Min EPS beat(4)
Max EPS beat(4)
EPS beat(8)
Avg EPS beat(8)
EPS beat(12)
Avg EPS beat(12)
EPS beat(16)
Avg EPS beat(16)
Revenue beat(2)
Avg Revenue beat(2)
Min Revenue beat(2)
Max Revenue beat(2)
Revenue beat(4)
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Min Revenue beat(4)
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Revenue beat(8)
Avg Revenue beat(8)
Revenue beat(12)
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Revenue beat(16)
Avg Revenue beat(16)
PT rev (1m)
PT rev (3m)
EPS NQ rev (1m)
EPS NQ rev (3m)
EPS NY rev (1m)
EPS NY rev (3m)
Revenue NQ rev (1m)
Revenue NQ rev (3m)
Revenue NY rev (1m)
Revenue NY rev (3m)
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 31.12 | ||
| Fwd PE | 22.21 | ||
| P/S | |||
| P/FCF | |||
| P/OCF | |||
| P/B | |||
| P/tB | |||
| EV/EBITDA |
EPS(TTM)
EY
EPS(NY)
Fwd EY
FCF(TTM)
FCFY
OCF(TTM)
OCFY
SpS
BVpS
TBVpS
PEG (NY)0.78
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.35% | ||
| ROE | 15.51% | ||
| ROCE | |||
| ROIC | |||
| ROICexc | |||
| ROICexgc | |||
| OM | 7.48% | ||
| PM (TTM) | 4.02% | ||
| GM | 16.45% | ||
| FCFM |
ROA(3y)
ROA(5y)
ROE(3y)
ROE(5y)
ROIC(3y)
ROIC(5y)
ROICexc(3y)
ROICexc(5y)
ROICexgc(3y)
ROICexgc(5y)
ROCE(3y)
ROCE(5y)
ROICexcg growth 3Y
ROICexcg growth 5Y
ROICexc growth 3Y
ROICexc growth 5Y
OM growth 3Y
OM growth 5Y
PM growth 3Y
PM growth 5Y
GM growth 3Y
GM growth 5Y
F-Score
Asset Turnover1.08
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.76 | ||
| Debt/FCF | |||
| Debt/EBITDA | |||
| Cap/Depr | |||
| Cap/Sales | |||
| Interest Coverage | |||
| Cash Conversion | |||
| Profit Quality | |||
| Current Ratio | 1.78 | ||
| Quick Ratio | 1.5 | ||
| Altman-Z |
F-Score
WACC
ROIC/WACC
Cap/Depr(3y)
Cap/Depr(5y)
Cap/Sales(3y)
Cap/Sales(5y)
Profit Quality(3y)
Profit Quality(5y)
Growth
EPS 1Y (TTM)166.67%
EPS 3YN/A
EPS 5Y
EPS growth Q2Q
EPS Next Y40.14%
EPS Next 2Y
EPS Next 3Y
EPS Next 5Y
Revenue 1Y (TTM)17.36%
Revenue growth 3Y9.88%
Revenue growth 5Y
Revenue growth Q2Q
Revenue Next Year
Revenue Next 2Y
Revenue Next 3Y
Revenue Next 5Y
EBIT growth 1Y
EBIT growth 3Y
EBIT growth 5Y
EBIT Next Year
EBIT Next 3Y
EBIT Next 5Y
FCF growth 1Y
FCF growth 3Y
FCF growth 5Y
OCF growth 1Y
OCF growth 3Y
OCF growth 5Y