OCEANEERING INTL INC (OII)
US6752321025 - Common Stock
Taking everything into account, OII scores 4 out of 10 in our fundamental rating. OII was compared to 66 industry peers in the Energy Equipment & Services industry. OII has an average financial health and profitability rating. OII has a decent growth rate and is not valued too expensively.
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.
OII had negative earnings in 4 of the past 5 years.
Each year in the past 5 years OII had a positive operating cash flow.
1.2 Ratios
With a Return On Assets value of 2.98%, OII perfoms like the industry average, outperforming 50.00% of the companies in the same industry.
With a decent Return On Equity value of 11.82%, OII is doing good in the industry, outperforming 65.63% of the companies in the same industry.
OII has a Return On Invested Capital of 8.41%. This is in the better half of the industry: OII outperforms 67.19% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.98% | ||
| ROE | 11.82% | ||
| ROIC | 8.41% |
ROA(3y)N/A
ROA(5y)N/A
ROE(3y)N/A
ROE(5y)N/A
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
With a Profit Margin value of 2.89%, OII perfoms like the industry average, outperforming 46.88% of the companies in the same industry.
In the last couple of years the Profit Margin of OII has declined.
The Operating Margin of OII (7.40%) is comparable to the rest of the industry.
OII's Operating Margin has improved in the last couple of years.
OII has a worse Gross Margin (16.34%) than 76.56% of its industry peers.
In the last couple of years the Gross Margin of OII has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 7.4% | ||
| PM | 2.89% | ||
| GM | 16.34% |
OM growth 3YN/A
OM growth 5Y57.32%
PM growth 3YN/A
PM growth 5Y-32.04%
GM growth 3Y45.85%
GM growth 5Y8%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), OII is destroying value.
The number of shares outstanding for OII has been increased compared to 1 year ago.
Compared to 5 years ago, OII has more shares outstanding
OII has a better debt/assets ratio than last year.
2.2 Solvency
OII has an Altman-Z score of 3.53. This indicates that OII is financially healthy and has little risk of bankruptcy at the moment.
OII has a better Altman-Z score (3.53) than 76.56% of its industry peers.
OII has a debt to FCF ratio of 5.11. This is a neutral value as OII would need 5.11 years to pay back of all of its debts.
OII has a Debt to FCF ratio of 5.11. This is comparable to the rest of the industry: OII outperforms 59.38% of its industry peers.
OII has a Debt/Equity ratio of 1.28. This is a high value indicating a heavy dependency on external financing.
The Debt to Equity ratio of OII (1.28) is worse than 79.69% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.28 | ||
| Debt/FCF | 5.11 | ||
| Altman-Z | 3.53 |
ROIC/WACC1.36
WACC9.52%
2.3 Liquidity
OII has a Current Ratio of 2.24. This indicates that OII is financially healthy and has no problem in meeting its short term obligations.
OII's Current ratio of 2.24 is fine compared to the rest of the industry. OII outperforms 68.75% of its industry peers.
A Quick Ratio of 1.90 indicates that OII should not have too much problems paying its short term obligations.
The Quick ratio of OII (1.90) is better than 76.56% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.24 | ||
| Quick Ratio | 1.9 |
3. Growth
3.1 Past
OII shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 940.00%, which is quite impressive.
The earnings per share for OII have been decreasing by -31.37% on average. This is quite bad
The Revenue has grown by 17.18% 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 1.46% on average per year.
EPS 1Y940%
EPS 3YN/A
EPS 5Y-31.37%
EPS growth Q2Q157.14%
Revenue growth 1Y17.18%
Revenue growth 3Y0.29%
Revenue growth 5Y1.46%
Revenue growth Q2Q14.1%
3.2 Future
OII is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 46.58% yearly.
OII is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 6.21% yearly.
EPS Next Y196.33%
EPS Next 2Y124.81%
EPS Next 3Y94.04%
EPS Next 5Y46.58%
Revenue Next Year15.42%
Revenue Next 2Y12.88%
Revenue Next 3Y9.72%
Revenue Next 5Y6.21%
3.3 Evolution
The EPS growth rate is accelerating: in the next years the growth will be better than in the last 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 accelerating.
4. Valuation
4.1 Price/Earnings Ratio
OII is valuated quite expensively with a Price/Earnings ratio of 50.06.
Compared to the rest of the industry, the Price/Earnings ratio of OII is on the same level as its industry peers.
OII is valuated expensively when we compare the Price/Earnings ratio to 25.55, which is the current average of the S&P500 Index.
OII is valuated rather expensively with a Price/Forward Earnings ratio of 17.17.
65.63% of the companies in the same industry are cheaper than OII, based on the Price/Forward Earnings ratio.
OII is valuated at similar levels of the S&P average when we compare the Price/Forward Earnings ratio to 18.74, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 50.06 | ||
| Fwd PE | 17.17 |
4.2 Price Multiples
The rest of the industry has a similar Enterprise Value to EBITDA ratio as OII.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of OII indicates a somewhat cheap valuation: OII is cheaper than 70.31% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 19.16 | ||
| EV/EBITDA | 9.99 |
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 94.04% in the coming years.
PEG (NY)0.25
PEG (5Y)N/A
EPS Next 2Y124.81%
EPS Next 3Y94.04%
5. Dividend
5.1 Amount
OII does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
OCEANEERING INTL INC
NYSE:OII (9/26/2023, 7:24:39 PM)
After market: 26.03 0 (0%)26.03
+0.39 (+1.52%)
Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryEnergy Equipment & Services
Earnings (Last)07-26 2023-07-26/amc
Earnings (Next)10-24 2023-10-24/amc
Inst Owners93.51%
Inst Owner Change-0.51%
Ins Owners1.8%
Ins Owner Change-3.7%
Market Cap2.62B
Analysts76
Price Target23.46 (-9.87%)
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
Dividend Growth(5Y)N/A
DP0%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-39.32%
Min EPS beat(2)-39.73%
Max EPS beat(2)-38.91%
EPS beat(4)1
Avg EPS beat(4)-8.88%
Min EPS beat(4)-68.73%
Max EPS beat(4)111.84%
Revenue beat(2)2
Avg Revenue beat(2)100815%
Min Revenue beat(2)98296.1%
Max Revenue beat(2)103335%
Revenue beat(4)4
Avg Revenue beat(4)99645.9%
Min Revenue beat(4)96555.4%
Max Revenue beat(4)103335%
PT rev (1m)5.92%
PT rev (3m)4.55%
EPS NQ rev (1m)3.06%
EPS NQ rev (3m)-5.71%
EPS NY rev (1m)-1.36%
EPS NY rev (3m)-6.25%
Revenue NQ rev (1m)-99.9%
Revenue NQ rev (3m)-99.9%
Revenue NY rev (1m)-0.41%
Revenue NY rev (3m)5.62%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 50.06 | ||
| Fwd PE | 17.17 | ||
| P/S | 1.18 | ||
| P/FCF | 19.16 | ||
| P/OCF | 11.77 | ||
| P/B | 4.81 | ||
| P/tB | 5.13 | ||
| EV/EBITDA | 9.99 |
EPS(TTM)0.52
EY2%
EPS(NY)1.52
Fwd EY5.82%
FCF(TTM)1.36
FCFY5.22%
OCF(TTM)2.21
OCFY8.5%
SpS22.14
BVpS5.41
TBVpS5.07
PEG (NY)0.25
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.98% | ||
| ROE | 11.82% | ||
| ROCE | 10.65% | ||
| ROIC | 8.41% | ||
| ROICexc | 12.54% | ||
| ROICexgc | 12.97% | ||
| OM | 7.4% | ||
| PM | 2.89% | ||
| GM | 16.34% | ||
| FCFM | 6.14% |
ROA(3y)N/A
ROA(5y)N/A
ROE(3y)N/A
ROE(5y)N/A
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 5Y81.86%
ROICexc growth 3YN/A
ROICexc growth 5Y90.63%
OM growth 3YN/A
OM growth 5Y57.32%
PM growth 3YN/A
PM growth 5Y-32.04%
GM growth 3Y45.85%
GM growth 5Y8%
F-Score7
Asset Turnover1.03
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.28 | ||
| Debt/FCF | 5.11 | ||
| Debt/EBITDA | 2.53 | ||
| Cap/Depr | 76.78% | ||
| Cap/Sales | 3.85% | ||
| Profit Quality | 212.32% | ||
| Current Ratio | 2.24 | ||
| Quick Ratio | 1.9 | ||
| Altman-Z | 3.53 |
F-Score7
WACC9.52%
ROIC/WACC1.36
Cap/Depr(3y)38.13%
Cap/Depr(5y)41.55%
Cap/Sales(3y)3.31%
Cap/Sales(5y)4.57%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
Growth
EPS 1Y940%
EPS 3YN/A
EPS 5Y-31.37%
EPS growth Q2Q157.14%
EPS Next Y196.33%
EPS Next 2Y124.81%
EPS Next 3Y94.04%
EPS Next 5Y46.58%
Revenue growth 1Y17.18%
Revenue growth 3Y0.29%
Revenue growth 5Y1.46%
Revenue growth Q2Q14.1%
Revenue Next Year15.42%
Revenue Next 2Y12.88%
Revenue Next 3Y9.72%
Revenue Next 5Y6.21%
EBIT growth 1Y559.79%
EBIT growth 3YN/A
EBIT growth 5Y59.62%
EBIT Next Year180.66%
EBIT Next 3Y53.01%
EBIT Next 5Y31.23%
FCF growth 1Y2.27%
FCF growth 3Y59.06%
FCF growth 5Y-1.42%
OCF growth 1Y23.82%
OCF growth 3Y-8.46%
OCF growth 5Y-2.4%