Helix Energy Solutions Group Inc. Common Stock (HLX)

FairStock Score: 19/100 — RISKY

Key Financials

AI Analysis

AI-generated, general educational analysis — not personal investment advice.

At $10.60 on 2026-09-01, Helix has a $1.4 billion market cap. The supplied description says it serves offshore oil and gas and related marine logistics, a cyclical, capital-intensive business. There is no clear moat in these numbers; the business looks competitive and asset-heavy. In the second quarter of 2026, revenue was $304.0 million and net income was $22.7 million, a 7.47% margin—respectable but not wide. The trailing figures are mixed: revenue growth of -5.91% and profit growth of -58.90% tell me the cycle is not lifting all results. The FairStock-calculated P/E is 44.17 on EPS of $0.24, while P/B is only 0.30. That gap suggests the market is not paying for current earnings but is pricing something about assets or future recovery. A Graham Number of $7.62 leaves the price at a -39.11% margin of safety, or rather a premium to that conservative anchor. Free cash flow is the bright spot: $235.4 million, a 16.5% FCF yield, and a Piotroski F-Score of 8/9. ROE is 37.60%, but ROCE is just 2.32%, so returns on total capital are weak. Debt/equity of 0.83 and an Altman Z-Score of 1.57 add caution. EV/EBITDA of 6.27 is not demanding if cash flow holds. The Lynch rules cannot classify it because there are zero years of filed annual results against a three-year requirement. I would want to see revenue and profit stabilize and ROCE improve before calling this a high-quality bargain. The price may be fair for an asset-rich cyclical, but it is not cheap on earnings or Graham's conservative math.

In plain English: The company provides ships and support services for offshore oil and gas work, according to the provided description. Recent sales slipped and profit fell sharply, but it still produces a lot of cash compared with its size and has some balance-sheet positives. At the September 1, 2026 close of $10.60, the price looks high compared with its profits and a conservative value estimate, though it is low compared with its accounting net worth.

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Data as of 2026-09-01 close · note generated 2026-10-15 · model deepseek-flash

Fundamentals from company filings and market-data providers; prices are end-of-day, not real-time. AI-generated analysis is general and educational — not personal investment advice. Scoring methodology · Score test · Disclaimer