ASX:HE8

Stock Analysis Report

Executive Summary

Helios Energy Limited engages in the exploration and development of oil and gas properties in Australia and the United States.

Snowflake

Fundamentals

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


Market Performance


7 Day Return

-8.3%

HE8

2.6%

AU Oil and Gas

0.4%

AU Market


1 Year Return

63.0%

HE8

-10.4%

AU Oil and Gas

9.8%

AU Market

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.


Shareholder returns

HE8IndustryMarket
7 Day-8.3%2.6%0.4%
30 Day-2.2%-1.1%-1.3%
90 Day37.5%0.9%-0.5%
1 Year63.0%63.0%-6.7%-10.4%16.1%9.8%
3 Yearn/a16.3%4.1%36.1%17.9%
5 Year816.7%816.7%-12.2%-28.2%49.4%15.7%

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

Valuation

Is Helios Energy undervalued compared to its fair value and its price relative to the market?

9.69x

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).


Next Steps

Future Growth

How is Helios Energy forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

7.5%

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.


Next Steps

  • 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.

Past Performance

How has Helios Energy performed over the past 5 years?

53.8%

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.


Next Steps

Financial Health

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.


Balance Sheet

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


Next Steps

Dividend

What is Helios Energy's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

companyn/amarketbottom25%2.4%markettop25%5.6%industryaverage4.5%forecastin3Yearsn/a

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.


Next Steps

Management

What is the CEO of Helios Energy's salary, the management and board of directors tenure and is there insider trading?

2.0yrs

Average management tenure


CEO

Richard He 0

2yrs

Tenure

AU$309,640

Compensation

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

2.0yrs

Average Tenure

Experienced Management: HE8's management team is considered experienced (2 years average tenure).


Board Age and Tenure

1.9yrs

Average Tenure

Experienced Board: HE8's board of directors are not considered experienced ( 1.9 years average tenure), which suggests a new board.


Insider Trading

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

BuyAU$2,099,99523 Apr 19
Loyal Express International Limited
EntityCompany
Shares16,030,535
Max PriceAU$0.13
BuyAU$229,02215 Apr 19
Credit Suisse, Investment Banking and Securities Investments
EntityCompany
Shares1,802,819
Max PriceAU$0.13
SellAU$663,76315 Apr 19
Credit Suisse, Investment Banking and Securities Investments
EntityCompany
Shares4,962,306
Max PriceAU$0.13
BuyAU$384,47021 Feb 19
Credit Suisse, Investment Banking and Securities Investments
EntityCompany
Shares3,052,212
Max PriceAU$0.13
SellAU$30,99721 Feb 19
Credit Suisse, Investment Banking and Securities Investments
EntityCompany
Shares234,862
Max PriceAU$0.13
BuyAU$279,29321 Jan 19
Credit Suisse, Investment Banking and Securities Investments
EntityCompany
Shares2,142,627
Max PriceAU$0.13
SellAU$4,05021 Jan 19
Credit Suisse, Investment Banking and Securities Investments
EntityCompany
Shares30,000
Max PriceAU$0.13
SellAU$3,688,11009 Jan 19
Credit Suisse, Investment Banking and Securities Investments
EntityCompany
Shares26,244,233
Max PriceAU$0.14
BuyAU$7,212,50709 Jan 19
Credit Suisse, Investment Banking and Securities Investments
EntityCompany
Shares51,354,338
Max PriceAU$0.14

Ownership Breakdown


Management Team

  • Greg Hunt

    Chief Operating Officer

    • Tenure: 7.8yrs
  • Richard He

    MD & Director

    • Tenure: 2yrs
    • Compensation: AU$309.64k
  • John Palermo

    Company Secretary

    • Tenure: 1.1yrs

Board Members

  • Nicholas Ong (41yo)

    Non-Executive Director

    • Tenure: 2.2yrs
    • Compensation: AU$20.00k
  • Robert Bearden

    Non-Executive Director

    • Tenure: 1.7yrs
    • Compensation: AU$22.93k
  • Richard He

    MD & Director

    • Tenure: 2yrs
    • Compensation: AU$309.64k
  • Hui Ye

    Non-Executive Chairman

    • Tenure: 1.8yrs

Company Information

Helios Energy Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Helios Energy Limited
  • Ticker: HE8
  • Exchange: ASX
  • Founded:
  • Industry: Oil and Gas Exploration and Production
  • Sector: Energy
  • Market Cap: AU$337.934m
  • Shares outstanding: 1.50b
  • Website: https://www.heliosenergyltd.com

Location

  • Helios Energy Limited
  • 18 Richardson Street
  • Level 3
  • West Perth
  • Western Australia
  • 6005
  • Australia

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
HE8ASX (Australian Securities Exchange)YesOrdinary SharesAUAUDDec 2011
HE8CHIA (Chi-X Australia)YesOrdinary SharesAUAUDDec 2011

Biography

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

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/10/21 10:35
End of Day Share Price2019/10/21 00:00
Earnings2019/06/30
Annual Earnings2019/06/30


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.