OCEANEERING INTL INC (OII) Stock Fundamental Analysis
NYSE:OII - US6752321025 - Common Stock
24.4 USD
-0.2 (-0.81%)
24.4 USD
0 (0%)
Taking everything into account, OII scores 6 out of 10 in our fundamental rating. OII was compared to 61 industry peers in the Energy Equipment & Services industry. OII scores excellent on profitability, but there are some minor concerns on its financial health. 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.
OII had a positive operating cash flow in the past year.
In multiple years OII reported negative net income over the last 5 years.
In the past 5 years OII always reported a positive cash flow from operatings.
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.
Looking at the Return On Equity, with a value of 24.01%, OII belongs to the top of the industry, outperforming 90.16% of the companies in the same industry.
OII has a Return On Invested Capital of 12.15%. This is amongst the best in the industry. OII outperforms 83.61% 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 8.01%.
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
Looking at the Profit Margin, with a value of 7.31%, OII is in the better half of the industry, outperforming 65.57% of the companies in the same industry.
OII's Operating Margin of 11.37% is fine compared to the rest of the industry. OII outperforms 62.30% of its industry peers.
In the last couple of years the Operating Margin of OII has grown nicely.
OII's Gross Margin of 20.57% is on the low side compared to the rest of the industry. OII is outperformed by 67.21% of its industry peers.
OII's Gross Margin has improved in the last couple of years.
| 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
The Return on Invested Capital (ROIC) is just above the Cost of Capital (WACC), so OII is still creating some value.
OII has about the same amout of shares outstanding than it did 1 year ago.
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
OII has an Altman-Z score of 3.99. This indicates that OII is financially healthy and has little risk of bankruptcy at the moment.
OII's Altman-Z score of 3.99 is amongst the best of 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 | 3.99 |
ROIC/WACC1.39
WACC8.74%
2.3 Liquidity
A Current Ratio of 2.00 indicates that OII should not have too much problems paying its short term obligations.
Looking at the Current ratio, with a value of 2.00, OII is in line with its industry, outperforming 57.38% of the companies in the same industry.
A Quick Ratio of 1.67 indicates that OII should not have too much problems paying its short term obligations.
OII has a better Quick ratio (1.67) than 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.
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 8.14%.
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.
The Revenue is expected to grow by 5.08% on average over the next years.
EPS Next Y15.86%
EPS Next 2Y12.93%
EPS Next 3Y13.31%
EPS Next 5Y12.58%
Revenue Next Year5.07%
Revenue Next 2Y3.67%
Revenue Next 3Y4.23%
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.
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
OII is valuated correctly with a Price/Earnings ratio of 12.32.
70.49% of the companies in the same industry are more expensive than OII, based on the Price/Earnings ratio.
OII's Price/Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 27.13.
Based on the Price/Forward Earnings ratio of 13.38, the valuation of OII can be described as correct.
OII's Price/Forward Earnings ratio is a bit cheaper when compared to the industry. OII is cheaper than 63.93% of the companies in the same industry.
OII is valuated rather cheaply when we compare the Price/Forward Earnings ratio to 22.76, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 12.32 | ||
| Fwd PE | 13.38 |
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.
OII's Price/Free Cash Flow is on the same level as the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 24.05 | ||
| EV/EBITDA | 5.99 |
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.
The decent profitability rating of OII may justify a higher PE ratio.
A more expensive valuation may be justified as OII's earnings are expected to grow with 13.30% in the coming years.
PEG (NY)0.78
PEG (5Y)N/A
EPS Next 2Y12.93%
EPS Next 3Y13.31%
5. Dividend
5.1 Amount
OII does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
24.4
-0.2 (-0.81%)
Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryEnergy Equipment & Services
Earnings (Last)
Earnings (Next)
Inst Owners96.2%
Inst Owner Change1.8%
Ins Owners8.05%
Ins Owner Change1.82%
Market Cap2.45B
Analysts49.09
Price Target21.55 (-11.68%)
Short Float %3.45%
Short Ratio3.89
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)-0.59%
PT rev (3m)3.05%
EPS NQ rev (1m)5.9%
EPS NQ rev (3m)-17.59%
EPS NY rev (1m)0%
EPS NY rev (3m)0%
Revenue NQ rev (1m)-0.46%
Revenue NQ rev (3m)-2.86%
Revenue NY rev (1m)0.04%
Revenue NY rev (3m)0.18%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 12.32 | ||
| Fwd PE | 13.38 | ||
| P/S | 0.88 | ||
| P/FCF | 24.05 | ||
| P/OCF | 11.28 | ||
| P/B | 2.9 | ||
| P/tB | 3.09 | ||
| EV/EBITDA | 5.99 |
EPS(TTM)1.98
EY8.11%
EPS(NY)1.82
Fwd EY7.47%
FCF(TTM)1.01
FCFY4.16%
OCF(TTM)2.16
OCFY8.87%
SpS27.6
BVpS8.4
TBVpS7.89
PEG (NY)0.78
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 | 3.99 |
F-Score7
WACC8.74%
ROIC/WACC1.39
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 Y15.86%
EPS Next 2Y12.93%
EPS Next 3Y13.31%
EPS Next 5Y12.58%
Revenue 1Y (TTM)8.14%
Revenue growth 3Y12.49%
Revenue growth 5Y5.38%
Sales Q2Q%4.39%
Revenue Next Year5.07%
Revenue Next 2Y3.67%
Revenue Next 3Y4.23%
Revenue Next 5Y5.08%
EBIT growth 1Y55.3%
EBIT growth 3Y83.59%
EBIT growth 5YN/A
EBIT Next Year67.62%
EBIT Next 3Y23.88%
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%