Helios Energy Limited engages in the exploration and development of oil and gas properties in Australia and the United States.
Adequate balance sheet with weak fundamentals.
Share Price & News
How has Helios Energy's share price performed over time and what events caused price changes?
Latest Share Price and Events
7 Day Return
AU Oil and Gas
1 Year Return
AU Oil and Gas
Return vs Industry: HE8 exceeded the Australian Oil and Gas industry which returned -10.4% over the past year.
Return vs Market: HE8 exceeded the Australian Market which returned 9.8% over the past year.
Price Volatility Vs. Market
How volatile is Helios Energy's share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 weeks ago | Simply Wall StWe're Keeping An Eye On Helios Energy's (ASX:HE8) Cash Burn Rate
1 month ago | Simply Wall StDoes Helios Energy Limited (ASX:HE8) Have A High Beta?
4 months ago | Simply Wall StWhat Kind Of Investor Owns Most Of Helios Energy Limited (ASX:HE8)?
Is Helios Energy undervalued compared to its fair value and its price relative to the market?
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: Insufficient data to calculate HE8's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate HE8's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: HE8 is unprofitable, so we can't compare its PE Ratio to the Oil and Gas industry average.
PE vs Market: HE8 is unprofitable, so we can't compare its PE Ratio to the Australian market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate HE8's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: HE8 is overvalued based on its PB Ratio (9.7x) compared to the AU Oil and Gas industry average (1.3x).
How is Helios Energy forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Forecasted Energy industry annual growth in earnings
In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Helios Energy has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.
This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.
- Examine Helios Energy's financial health to determine how well-positioned it is against times of financial stress by looking at its level of debt over time and how much cash it has left.
- Helios Energy competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Energy industry.
How has Helios Energy performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Past Earnings Growth Analysis
Earnings Trend: HE8 is unprofitable, but has reduced losses over the past 5 years at a rate of 53.8% per year.
Accelerating Growth: Unable to compare HE8's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: HE8 is unprofitable, making it difficult to compare its past year earnings growth to the Oil and Gas industry (68.1%).
Return on Equity
High ROE: HE8 has a negative Return on Equity (-8.33%), as it is currently unprofitable.
Return on Assets
ROA vs Industry: HE8 is currently unprofitable, so its Return on Assets is negative.
Return on Capital Employed
ROCE Improving: HE8 is currently unprofitable, so its Return on Capital Employed is negative.
How is Helios Energy's financial position?
Financial Position Analysis
Short Term Liabilities: HE8's short term assets (A$8.5M) exceeds its short term liabilities (A$2.0M)
Long Term Liabilities: HE8 has no long term liabilities
Debt to Equity History and Analysis
Debt Level: HE8 is debt free.
Reducing Debt: HE8 currently has no debt however we can't compare to 5 years ago as we have no data for that period.
Inventory Level: HE8 has a high level of physical assets or inventory.
Debt Coverage by Assets: Insufficient data to determine if HE8's debt is covered by short term assets.
Cash Runway Analysis
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: HE8 has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: HE8 has less than a year of cash runway if free cash flow continues to reduce at historical rates of -64.6% each year
What is Helios Energy's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Current dividend yield vs market & industry
Stability and Growth of Payments
Notable Dividend: Unable to evaluate HE8's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.
High Dividend: Unable to evaluate HE8's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.
Stable Dividend: Insufficient data to determine if HE8's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if HE8's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of HE8's dividend in 3 years as they are not forecast to pay a notable one for the Australian market.
What is the CEO of Helios Energy's salary, the management and board of directors tenure and is there insider trading?
Average management tenure
Richard He 0
Mr. Richard He has been Managing Director of Helios Energy Ltd since October 20, 2017. Mr. He is an entrepreneur and venture capitalist in natural resources with a particular focus on oil and gas. Before m ...
Management Age and Tenure
Experienced Management: HE8's management team is considered experienced (2 years average tenure).
Board Age and Tenure
Experienced Board: HE8's board of directors are not considered experienced ( 1.9 years average tenure), which suggests a new board.
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Chief Operating Officer
- Tenure: 7.8yrs
MD & Director
- Tenure: 2yrs
- Compensation: AU$309.64k
- Tenure: 1.1yrs
Nicholas Ong (41yo)
- Tenure: 2.2yrs
- Compensation: AU$20.00k
- Tenure: 1.7yrs
- Compensation: AU$22.93k
MD & Director
- Tenure: 2yrs
- Compensation: AU$309.64k
- Tenure: 1.8yrs
Helios Energy Limited's company bio, employee growth, exchange listings and data sources
- Name: Helios Energy Limited
- Ticker: HE8
- Exchange: ASX
- Industry: Oil and Gas Exploration and Production
- Sector: Energy
- Market Cap: AU$337.934m
- Shares outstanding: 1.50b
- Website: https://www.heliosenergyltd.com
- Helios Energy Limited
- 18 Richardson Street
- Level 3
- West Perth
- Western Australia
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|HE8||ASX (Australian Securities Exchange)||Yes||Ordinary Shares||AU||AUD||Dec 2011|
|HE8||CHIA (Chi-X Australia)||Yes||Ordinary Shares||AU||AUD||Dec 2011|
Helios Energy Limited engages in the exploration and development of oil and gas properties in Australia and the United States. It holds 100% working interest (WI) in the Trinity Oil project covering 3,118 ...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2019/10/21 10:35|
|End of Day Share Price||2019/10/21 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.