HELIX ENERGY SOLUTIONS GROUP INC (HLX)

Oil & Gas Field Services, NEC

Latest Price

$10.60

TTM P/E

39.26

Normalized P/E

Div Yield

Book Value

10.76

P/B Ratio

0.99

Valuation metrics

EPS: $0.21

Book value / share: $10.64

Formula: √(22.5 × EPS × BVPS)

Graham Number

$7.09

33% downside

Norm. op. income: $64M (median of 7yr)

Tax rate: 27%

Discount rate: 10%

Growth assumption: zero (EPV is a no-growth value)

Earnings Power Value

$4.03

62% downside

Base FCF: $132M (median of recent 5yr)

Growth: 24%/yr (median YOY, capped at 25%)

Discount rate: 10%

Terminal growth: 3%

Projection horizon: 10 years

DCF Fair Value

$61.24

+478% upside

EPS: $0.21

Target P/E: 39×

Formula: EPS × P/E

P/E Fair Value

$8.19

23% downside

93.4% held by institutions

Institution	Shares	Value	Ownership %	Change	Filing Date
BlackRock, Inc.	22.73M	$198.0M	15.44%	+573.3K	2026-06-30
DIMENSIONAL FUND ADVISORS LP	9.09M	$79.0M	6.18%	+131.2K	2026-06-30
STATE STREET CORP	7.18M	$62.0M	4.88%	+466.3K	2026-06-30
Invesco Ltd.	7.04M	$61.0M	4.78%	+375.2K	2026-06-30
VANGUARD PORTFOLIO MANAGEMENT LLC	6.42M	$56.0M	4.36%	+182.0K	2026-06-30
VANGUARD CAPITAL MANAGEMENT LLC	6.18M	$53.0M	4.20%	+133.7K	2026-06-30
AMERICAN CENTURY COMPANIES INC	5.45M	$47.0M	3.70%	+251.0K	2026-06-30
PRINCIPAL FINANCIAL GROUP INC	4.32M	$37.0M	2.93%	-276.7K	2026-06-30
GOLDMAN SACHS GROUP INC	3.67M	$32.0M	2.49%	+1.58M	2026-06-30
GEODE CAPITAL MANAGEMENT, LLC	3.56M	$31.0M	2.42%	+197.2K	2026-06-30