Helios Energy Limited engages in the exploration and development of oil and gas properties in Australia and the United States. More Details
+ 1 more risk
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
Stable Share Price: HE8's share price has been volatile over the past 3 months.
7 Day Return
AU Oil and Gas
1 Year Return
AU Oil and Gas
Return vs Industry: HE8 matched the Australian Oil and Gas industry which returned -39.6% over the past year.
Return vs Market: HE8 underperformed the Australian Market which returned -10.5% 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
3 months ago | Simply Wall StDo Institutions Own Helios Energy Limited (ASX:HE8) Shares?
4 months ago | Simply Wall StThe Helios Energy (ASX:HE8) Share Price Has Gained 254%, So Why Not Pay It Some Attention?
5 months ago | Simply Wall StCan Helios Energy (ASX:HE8) Afford To Invest In Growth?
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 AU 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 (5.6x) compared to the AU Oil and Gas industry average (1.4x).
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
Quality Earnings: HE8 is currently unprofitable.
Growing Profit Margin: HE8 is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: HE8 is unprofitable, but has reduced losses over the past 5 years at a rate of 17.4% 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 (-61.9%).
Return on Equity
High ROE: HE8 has a negative Return on Equity (-6.05%), as it is currently unprofitable.
How is Helios Energy's financial position?
Financial Position Analysis
Short Term Liabilities: HE8's short term assets (A$5.4M) exceed its short term liabilities (A$1.2M).
Long Term Liabilities: HE8 has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: HE8 is debt free.
Reducing Debt: HE8 had no debt 5 years ago.
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 51.9% 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 ...
|MD & Director||2.92yrs||AU$335.50k||no data|
|Chief Operating Officer||8.75yrs||no data||no data|
|Company Secretary||2yrs||no data||no data|
Experienced Management: HE8's management team is considered experienced (2.9 years average tenure).
|MD & Director||2.92yrs||AU$335.50k||no data|
|Independent Non-Executive Director||3.08yrs||AU$30.00k||no data|
|Independent Non-Executive Director||2.58yrs||AU$48.00k||0.065% |
|Non-Executive Chairman||2.75yrs||AU$48.00k||no data|
Experienced Board: HE8's board of directors are not considered experienced ( 2.8 years average tenure), which suggests a new board.
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 3%.
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$216.209m
- Shares outstanding: 1.54b
- 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||2020/09/17 19:07|
|End of Day Share Price||2020/09/17 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.