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HE8

Helios EnergyASX:HE8 Stock Report

Market Cap

AU$231.4m

7D

-5.4%

1Y

-11.7%

Updated

26 Oct, 2021

Data

Company Financials
HE8 fundamental analysis
Snowflake Score
Valuation0/6
Future Growth0/6
Past Performance0/6
Financial Health6/6
Dividends0/6

HE8 Overview

Helios Energy Limited operates as an onshore oil and gas exploration company in the United States.

Price History & Performance

Summary of all time highs, changes and price drops for Helios Energy
Historical stock prices
Current Share PriceAU$0.13
52 Week HighAU$0.12
52 Week LowAU$0.19
Beta0.42
1 Month Change1.92%
3 Month Change-8.62%
1 Year Change-11.67%
3 Year Change1.92%
5 Year Changen/a
Change since IPO-65.13%

Recent News & Updates

Oct 12
We're Interested To See How Helios Energy (ASX:HE8) Uses Its Cash Hoard To Grow

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...

Jan 12
How Much Of Helios Energy Limited (ASX:NHO) Do Insiders Own?

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...

Nov 20
How Should Investors Feel About Helios Energy's (ASX:HE8) CEO Remuneration?

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...

Shareholder Returns

HE8AU Oil and GasAU Market
7D-5.4%-3.2%0.8%
1Y-11.7%48.1%24.4%

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.

Price Volatility

Is HE8's price volatile compared to industry and market?
HE8 volatility
HE8 Beta0.42
Industry Beta1.29
Market Beta1

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

FoundedEmployeesCEOWebsite
n/an/aRichard Hehttps://www.heliosenergyltd.com

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

How do Helios Energy's earnings and revenue compare to its market cap?
HE8 fundamental statistics
Market CapAU$231.39m
Earnings (TTM)-AU$3.74m
Revenue (TTM)AU$20.15k

13.3kx

P/S Ratio

-61.9x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
HE8 income statement (TTM)
RevenueAU$20.15k
Cost of RevenueAU$35.55k
Gross Profit-AU$15.40k
ExpensesAU$3.73m
Earnings-AU$3.74m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)-0.0021
Gross Margin-76.40%
Net Profit Margin-18,572.77%
Debt/Equity Ratio0.0%

How did HE8 perform over the long term?

See historical performance and comparison

Valuation

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

6.27x

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).


Future Growth

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

10.2%

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.


Past Performance

How has Helios Energy performed over the past 5 years?

-54.6%

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.


Financial Health

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.


Balance Sheet


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.


Dividend

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.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

4.0yrs

Average management tenure


CEO

Richard He

4yrs

Tenure

AU$320,324

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...


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.


Leadership Team

Experienced Management: HE8's management team is considered experienced (4 years average tenure).


Board Members

Experienced Board: HE8's board of directors are considered experienced (3.9 years average tenure).


Ownership

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.


Ownership Breakdown

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 13%.


Top Shareholders

Company Information

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


Key Information

  • 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

Location

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

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/10/26 16:27
End of Day Share Price2021/10/26 00:00
Earnings2021/06/30
Annual Earnings2021/06/30


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.