OCEANEERING INTL INC (OII) Stock Fundamental Analysis
NYSE:OII - New York Stock Exchange, Inc. - US6752321025 - Common Stock - Currency: USD
OII gets a fundamental rating of 5 out of 10. The analysis compared the fundamentals against 63 industry peers in the Energy Equipment & Services industry. OII has only an average score on both its financial health and profitability. OII is not valued too expensively and it also shows a decent growth rate.
1. Profitability
1.1 Basic Checks
OII had positive earnings in the past year.
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.
OII had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
The Return On Assets of OII (8.03%) is better than 73.02% of its industry peers.
OII has a better Return On Equity (23.63%) than 90.48% of its industry peers.
OII's Return On Invested Capital of 11.77% is amongst the best of the industry. OII outperforms 82.54% of its industry peers.
The Average Return On Invested Capital over the past 3 years for OII is in line with the industry average of 8.50%.
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
OII has a Profit Margin (6.68%) which is comparable to the rest of the industry.
With a Operating Margin value of 10.71%, OII perfoms like the industry average, outperforming 52.38% of the companies in the same industry.
In the last couple of years the Operating Margin of OII has grown nicely.
With a Gross Margin value of 19.66%, OII is not doing good in the industry: 73.02% 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 | 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
The Return on Invested Capital (ROIC) is just above the Cost of Capital (WACC), so OII is still creating some value.
The number of shares outstanding for OII remains at a similar level compared to 1 year ago.
Compared to 5 years ago, OII has more shares outstanding
The debt/assets ratio for OII has been reduced compared to a year ago.
2.2 Solvency
OII has an Altman-Z score of 3.82. This indicates that OII is financially healthy and has little risk of bankruptcy at the moment.
With an excellent Altman-Z score value of 3.82, OII belongs to the best of the industry, outperforming 85.71% of the companies in the same industry.
The Debt to FCF ratio of OII is 5.72, which is a neutral value as it means it would take OII, 5.72 years of fcf income to pay off all of its debts.
OII has a Debt to FCF ratio (5.72) which is in line with its industry peers.
A Debt/Equity ratio of 0.63 indicates that OII is somewhat dependend on debt financing.
OII has a Debt to Equity ratio of 0.63. This is in the lower half of the industry: OII underperforms 63.49% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.63 | ||
| Debt/FCF | 5.72 | ||
| Altman-Z | 3.82 |
ROIC/WACC1.45
WACC8.14%
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.
A Quick Ratio of 1.58 indicates that OII should not have too much problems paying 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
OII shows quite a strong growth in Revenue. In the last year, the Revenue has grown by 10.04%.
The Revenue has been growing slightly by 5.38% on average over the past years.
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
Based on estimates for the next years, OII will show a quite strong growth in Earnings Per Share. The EPS will grow by 12.84% on average per year.
Based on estimates for the next years, OII will show a small growth in Revenue. The Revenue will grow by 5.13% on average per year.
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
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.
The Revenue growth rate is stable: in the next years the growth will be about the same than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
The Price/Earnings ratio is 11.99, which indicates a very decent valuation of OII.
73.02% of the companies in the same industry are more expensive than OII, based on the Price/Earnings ratio.
Compared to an average S&P500 Price/Earnings ratio of 26.35, OII is valued rather cheaply.
OII is valuated reasonably with a Price/Forward Earnings ratio of 11.84.
Compared to the rest of the industry, the Price/Forward Earnings ratio of OII is on the same level as its industry peers.
OII is valuated rather cheaply when we compare the Price/Forward Earnings ratio to 22.19, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 11.99 | ||
| Fwd PE | 11.84 |
4.2 Price Multiples
The rest of the industry has a similar Enterprise Value to EBITDA ratio as OII.
OII's Price/Free Cash Flow ratio is in line with the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 25.4 | ||
| 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 14.27% in the coming years.
PEG (NY)0.76
PEG (5Y)N/A
EPS Next 2Y12.27%
EPS Next 3Y14.27%
5. Dividend
5.1 Amount
No dividends for OII!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
21.34
-0.22 (-1.02%)
Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryEnergy Equipment & Services
Earnings (Last)
Earnings (Next)
Inst Owners97%
Inst Owner Change-3.97%
Ins Owners8.2%
Ins Owner Change6.56%
Market Cap2.15B
Analysts49.09
Price Target20.91 (-2.01%)
Short Float %4.35%
Short Ratio4.57
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)-26.26%
EPS NQ rev (1m)0%
EPS NQ rev (3m)11.24%
EPS NY rev (1m)0%
EPS NY rev (3m)-11.31%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-1.11%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-1.17%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 11.99 | ||
| Fwd PE | 11.84 | ||
| P/S | 0.78 | ||
| P/FCF | 25.4 | ||
| P/OCF | 11.17 | ||
| P/B | 2.78 | ||
| P/tB | 2.97 | ||
| EV/EBITDA | 5.67 |
EPS(TTM)1.78
EY8.34%
EPS(NY)1.8
Fwd EY8.45%
FCF(TTM)0.84
FCFY3.94%
OCF(TTM)1.91
OCFY8.95%
SpS27.21
BVpS7.69
TBVpS7.19
PEG (NY)0.76
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 | 3.82 |
F-Score8
WACC8.14%
ROIC/WACC1.45
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%