Helix Energy Solutions Group, Inc. (HLX) Company Bio
Helix Energy Solutions Group, Inc. provides specialty services to the offshore energy industry primarily in the Gulf of Mexico, North Sea, the Asia Pacific, and West Africa regions. The company was formerly known as Cal Dive International, Inc. and changed its name to Helix Energy Solutions Group, Inc. in March 2006. The company was founded in 1979 and is based in Houston, Texas.
HLX Price Forecast Based on DCF Valuation
DCF Fair Value Target:
The table below illustrates the output of a discounted cash flow forecast using a variety of scenarios for Helix Energy Solutions Group Inc. To summarize, we found that Helix Energy Solutions Group Inc ranked in the 17th percentile in terms of potential gain offered. We should note, though, that all scenearios modelled for this stock suggest it is overvalued. The most interesting components of our discounted cash flow analysis for Helix Energy Solutions Group Inc ended up being:
The company's compound free cash flow growth rate over the past 5.68 years comes in at -0.06%; that's greater than only 17.09% of US stocks we're applying DCF forecasting to.
The company has produced more trailing twelve month cash flow than merely 16.78% of its sector Energy.
49% of the company's capital comes from equity, which is greater than merely 22.83% of stocks in our cash flow based forecasting set.
Terminal Growth Rate in Free Cash Flow
Return Relative to Current Share Price
SHI, FTI, BP, CHKAQ, and ERF can be thought of as valuation peers to HLX, in the sense that they are in the Energy sector and have a similar price forecast based on DCF valuation.
Participating on this call for Helix today are Owen Kratz, our CEO; Scotty Sparks, our COO; Ken Neikirk, our General Counsel and myself. Hopefully, you've had an opportunity to review our press release and the related slide presentation released last night.