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 63 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
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.
OII 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 8.03%, OII is in the better half of the industry, outperforming 73.02% of the companies in the same industry.
Looking at the Return On Equity, with a value of 23.63%, OII belongs to the top of the industry, outperforming 90.48% of the companies in the same industry.
Looking at the Return On Invested Capital, with a value of 11.77%, OII belongs to the top of the industry, outperforming 82.54% of the companies in the same industry.
Measured over the past 3 years, the Average Return On Invested Capital for OII is in line with the industry average of 8.44%.
The 3 year average ROIC (7.48%) for OII is below the current ROIC(11.77%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 8.03% | ||
| ROE | 23.63% | ||
| ROIC | 11.77% |
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 6.68%, OII perfoms like the industry average, outperforming 57.14% of the companies in the same industry.
OII has a Operating Margin (10.71%) which is in line with its industry peers.
In the last couple of years the Operating Margin of OII has grown nicely.
Looking at the Gross Margin, with a value of 19.66%, OII is doing worse than 73.02% of the companies in the same industry.
In the last couple of years the Gross Margin of OII has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 10.71% | ||
| PM (TTM) | 6.68% | ||
| GM | 19.66% |
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
OII has a Return on Invested Capital (ROIC), which is just above the Cost of Capital (WACC), which means it is creating some value.
Compared to 1 year ago, OII has about the same amount of shares outstanding.
The number of shares outstanding for OII has been increased compared to 5 years ago.
OII has a better debt/assets ratio than last year.
2.2 Solvency
An Altman-Z score of 3.83 indicates that OII is not in any danger for bankruptcy at the moment.
OII has a better Altman-Z score (3.83) than 87.30% of its industry peers.
OII has a debt to FCF ratio of 5.72. This is a neutral value as OII would need 5.72 years to pay back of all of its debts.
The Debt to FCF ratio of OII (5.72) is comparable to the rest of the industry.
A Debt/Equity ratio of 0.63 indicates that OII is somewhat dependend on debt financing.
With a Debt to Equity ratio value of 0.63, OII is not doing good in the industry: 63.49% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.63 | ||
| Debt/FCF | 5.72 | ||
| Altman-Z | 3.83 |
ROIC/WACC1.31
WACC9.02%
2.3 Liquidity
OII has a Current Ratio of 1.89. 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 (1.89) is comparable to the rest of the industry.
OII has a Quick Ratio of 1.58. This is a normal value and indicates that OII is financially healthy and should not expect problems in meeting its short term obligations.
With a Quick ratio value of 1.58, OII perfoms like the industry average, outperforming 55.56% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.89 | ||
| Quick Ratio | 1.58 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 100.00% over the past year.
The Earnings Per Share has been growing by 103.37% on average over the past years. This is a very strong growth
Looking at the last year, OII shows a quite strong growth in Revenue. The Revenue has grown by 10.04% in the last year.
OII shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 5.38% yearly.
EPS 1Y (TTM)100%
EPS 3Y103.37%
EPS 5YN/A
EPS Q2Q%250%
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.
OII is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 5.13% yearly.
EPS Next Y15.86%
EPS Next 2Y12.27%
EPS Next 3Y14.27%
EPS Next 5Y12.84%
Revenue Next Year4.88%
Revenue Next 2Y4.05%
Revenue Next 3Y4.26%
Revenue Next 5Y5.13%
3.3 Evolution
The estimated forward EPS growth is still strong, although it is decreasing when compared to the stronger growth in 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
The Price/Earnings ratio is 12.32, which indicates a correct valuation of OII.
OII's Price/Earnings ratio is a bit cheaper when compared to the industry. OII is cheaper than 69.84% of the companies in the same industry.
Compared to an average S&P500 Price/Earnings ratio of 27.30, OII is valued rather cheaply.
Based on the Price/Forward Earnings ratio of 12.17, the valuation of OII can be described as correct.
OII's Price/Forward Earnings ratio is in line with the industry average.
The average S&P500 Price/Forward Earnings ratio is at 21.76. OII is valued slightly cheaper when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 12.32 | ||
| Fwd PE | 12.17 |
4.2 Price Multiples
OII's Enterprise Value to EBITDA ratio is in line with the industry average.
The rest of the industry has a similar Price/Free Cash Flow ratio as OII.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 26.1 | ||
| EV/EBITDA | 5.77 |
4.3 Compensation for Growth
The 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 14.27% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.78
PEG (5Y)N/A
EPS Next 2Y12.27%
EPS Next 3Y14.27%
5. Dividend
5.1 Amount
OII does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
21.93
+0.2 (+0.92%)
Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryEnergy Equipment & Services
Earnings (Last)
Earnings (Next)
Inst Owners97%
Inst Owner Change0%
Ins Owners8.2%
Ins Owner Change6.56%
Market Cap2.21B
Analysts49.09
Price Target20.91 (-4.65%)
Short Float %4.34%
Short Ratio4.87
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)53.92%
Min EPS beat(2)40.83%
Max EPS beat(2)67%
EPS beat(4)3
Avg EPS beat(4)24.36%
Min EPS beat(4)-10.6%
Max EPS beat(4)67%
EPS beat(8)5
Avg EPS beat(8)46.6%
EPS beat(12)6
Avg EPS beat(12)27.79%
EPS beat(16)8
Avg EPS beat(16)114.36%
Revenue beat(2)2
Avg Revenue beat(2)2.72%
Min Revenue beat(2)2.54%
Max Revenue beat(2)2.91%
Revenue beat(4)3
Avg Revenue beat(4)1.01%
Min Revenue beat(4)-2.73%
Max Revenue beat(4)2.91%
Revenue beat(8)5
Avg Revenue beat(8)0.67%
Revenue beat(12)7
Avg Revenue beat(12)0.46%
Revenue beat(16)9
Avg Revenue beat(16)0.54%
PT rev (1m)0%
PT rev (3m)-10.87%
EPS NQ rev (1m)0%
EPS NQ rev (3m)11.24%
EPS NY rev (1m)0%
EPS NY rev (3m)2.07%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-1.11%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-0.11%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 12.32 | ||
| Fwd PE | 12.17 | ||
| P/S | 0.81 | ||
| P/FCF | 26.1 | ||
| P/OCF | 11.48 | ||
| P/B | 2.85 | ||
| P/tB | 3.05 | ||
| EV/EBITDA | 5.77 |
EPS(TTM)1.78
EY8.12%
EPS(NY)1.8
Fwd EY8.22%
FCF(TTM)0.84
FCFY3.83%
OCF(TTM)1.91
OCFY8.71%
SpS27.21
BVpS7.69
TBVpS7.19
PEG (NY)0.78
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 8.03% | ||
| ROE | 23.63% | ||
| ROCE | 18.68% | ||
| ROIC | 11.77% | ||
| ROICexc | 15.66% | ||
| ROICexgc | 16.35% | ||
| OM | 10.71% | ||
| PM (TTM) | 6.68% | ||
| GM | 19.66% | ||
| FCFM | 3.09% |
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 Turnover1.2
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.63 | ||
| Debt/FCF | 5.72 | ||
| Debt/EBITDA | 1.23 | ||
| Cap/Depr | 106.82% | ||
| Cap/Sales | 3.94% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 48.8% | ||
| Profit Quality | 46.25% | ||
| Current Ratio | 1.89 | ||
| Quick Ratio | 1.58 | ||
| Altman-Z | 3.83 |
F-Score8
WACC9.02%
ROIC/WACC1.31
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)100%
EPS 3Y103.37%
EPS 5YN/A
EPS Q2Q%250%
EPS Next Y15.86%
EPS Next 2Y12.27%
EPS Next 3Y14.27%
EPS Next 5Y12.84%
Revenue 1Y (TTM)10.04%
Revenue growth 3Y12.49%
Revenue growth 5Y5.38%
Sales Q2Q%12.59%
Revenue Next Year4.88%
Revenue Next 2Y4.05%
Revenue Next 3Y4.26%
Revenue Next 5Y5.13%
EBIT growth 1Y53.21%
EBIT growth 3Y83.59%
EBIT growth 5YN/A
EBIT Next Year57.56%
EBIT Next 3Y23.66%
EBIT Next 5Y16.33%
FCF growth 1Y7.74%
FCF growth 3Y-18.13%
FCF growth 5Y57.54%
OCF growth 1Y21.3%
OCF growth 3Y-3.38%
OCF growth 5Y5.22%