Helios Energy Limited operates as an onshore oil and gas exploration company in the United States.
Price History & Performance
|Historical stock prices|
|Current Share Price||AU$0.13|
|52 Week High||AU$0.12|
|52 Week Low||AU$0.19|
|1 Month Change||1.92%|
|3 Month Change||-8.62%|
|1 Year Change||-11.67%|
|3 Year Change||1.92%|
|5 Year Change||n/a|
|Change since IPO||-65.13%|
Recent News & Updates
We're Interested To See How Helios Energy (ASX:HE8) Uses Its Cash Hoard To Grow
We can readily understand why investors are attracted to unprofitable companies. For example, although Amazon.com made...
How Much Of Helios Energy Limited (ASX:NHO) Do Insiders Own?
A look at the shareholders of Helios Energy Limited ( ASX:NHO ) can tell us which group is most powerful. Insiders...
How Should Investors Feel About Helios Energy's (ASX:HE8) CEO Remuneration?
Richard He has been the CEO of Helios Energy Limited (ASX:HE8) since 2017, and this article will examine the...
|HE8||AU Oil and Gas||AU Market|
Return vs Industry: HE8 underperformed the Australian Oil and Gas industry which returned 48.1% over the past year.
Return vs Market: HE8 underperformed the Australian Market which returned 24.4% over the past year.
Stable Share Price: HE8 is not significantly more volatile than the rest of Australian stocks over the past 3 months, typically moving +/- 10% a week.
Volatility Over Time: HE8's weekly volatility (10%) has been stable over the past year.
About the Company
Helios Energy Limited operates as an onshore oil and gas exploration company in the United States. It primarily focuses on its Presidio Oil project, in which it has 70% working interest covering an area of 59,980 net acres located in Texas, the United States. The company was formerly known as New Horizon Coal Limited and changed its name to Helios Energy Limited in April 2017.
Helios Energy Fundamentals Summary
|HE8 fundamental statistics|
Is HE8 overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|HE8 income statement (TTM)|
|Cost of Revenue||AU$35.55k|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
|Earnings per share (EPS)||-0.0021|
|Net Profit Margin||-18,572.77%|
How did HE8 perform over the long term?See historical performance and comparison
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 Australian 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 (6.3x) compared to the AU Oil and Gas industry average (2.5x).
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.
How has Helios Energy performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: HE8 is currently unprofitable.
Growing Profit Margin: HE8 is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: HE8 is unprofitable, and losses have increased over the past 5 years at a rate of 54.6% 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 (-50.5%).
Return on Equity
High ROE: HE8 has a negative Return on Equity (-10.14%), as it is currently unprofitable.
How is Helios Energy's financial position?
Financial Position Analysis
Short Term Liabilities: HE8's short term assets (A$10.3M) exceed its short term liabilities (A$363.0K).
Long Term Liabilities: HE8 has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: HE8 is debt free.
Reducing Debt: HE8 has not had any debt for past 5 years.
Cash Runway Analysis
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: HE8 has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: HE8 has sufficient cash runway for 1.5 years if free cash flow continues to reduce at historical rates of 26.4% each year.
What is Helios Energy current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate HE8's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate HE8's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if HE8's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if HE8's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of HE8's dividend in 3 years as they are not forecast to pay a notable one for the Australian market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Mr. Richard He has been Managing Director of Helios Energy Ltd since October 20, 2017. Mr. He is an entrepreneur and venture capitalist in natural resources with a particular focus on oil and gas. Before m...
CEO Compensation Analysis
Compensation vs Market: Richard's total compensation ($USD240.12K) is below average for companies of similar size in the Australian market ($USD554.70K).
Compensation vs Earnings: Richard's compensation has been consistent with company performance over the past year.
Experienced Management: HE8's management team is considered experienced (4 years average tenure).
Experienced Board: HE8's board of directors are considered experienced (3.9 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 13%.
Helios Energy Limited's employee growth, exchange listings and data sources
- Name: Helios Energy Limited
- Ticker: HE8
- Exchange: ASX
- Founded: NaN
- Industry: Oil and Gas Exploration and Production
- Sector: Energy
- Market Cap: AU$231.385m
- Shares outstanding: 1.75b
- Website: https://www.heliosenergyltd.com
- Helios Energy Limited
- 18 Richardson Street
- Level 3
- West Perth
- Western Australia
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/10/26 16:27|
|End of Day Share Price||2021/10/26 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.