HLX (Helix Energy Solutions Group) EV-to-OCF: 6.36 (As of Sep. 21, 2026) — 42% Below Median

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HLX Helix Energy Solutions Group Inc HLX
79 GF Score
Price $10.60
GF Value $9.65
Valuation Fairly Valued
! 5 Warning Signs
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What is Helix Energy Solutions Group EV-to-OCF?

Helix Energy Solutions Group HLX +2.91% 79 EV-to-OCF is 6.36 as of Sep. 21, 2026, which is 42% below its 10-year median of 10.96. GuruFocus rates HLX with a GF Score™ of 79/100 and a GF Value™ of $9.65 (Fairly Valued). The stock has 5 warning signs investors should review. Among 1,018 Oil & Gas companies, Helix Energy Solutions Group ranks worse than 51.77% on this metric.

EV-to-OCF is calculated as enterprise value divided by its cash flow from operations. As of today, Helix Energy Solutions Group's Enterprise Value is $1,520 Mil. Helix Energy Solutions Group's Cash Flow from Operations for the trailing twelve months (TTM) ended in Jun. 2026 was $239 Mil. Therefore, Helix Energy Solutions Group's EV-to-OCF for today is 6.36.

The historical rank and industry rank for Helix Energy Solutions Group's EV-to-OCF or its related term are showing as below:

HLX' s EV-to-OCF Range Over the Past 10 Years
Min: 3.09   Med: 10.96   Max: 70.73
Current: 6.01

During the past 13 years, the highest EV-to-OCF of Helix Energy Solutions Group was 70.73. The lowest was 3.09. And the median was 10.96.

HLX's EV-to-OCF is ranked worse than
51.77% of 1018 companies
in the Oil & Gas industry
Industry Median: 5.785 vs HLX: 6.01

EV-to-OCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.

As of today (2026-09-21), Helix Energy Solutions Group's stock price is $10.60. Helix Energy Solutions Group's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2026 was $0.159. Therefore, Helix Energy Solutions Group's PE Ratio (TTM) for today is 66.67.


Helix Energy Solutions Group  (NYSE:HLX) EV-to-OCF Explanation

EV-to-OCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.

Helix Energy Solutions Group's PE Ratio (TTM) for today is calculated as:

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=10.60/0.159
=66.67

Helix Energy Solutions Group's share price for today is $10.60.
Helix Energy Solutions Group's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.159.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Enterprise Value is used because it is a more complete measure in reflecting how much an investor pays when buying a company. Cash Flow from Operations is an important financial metric because it represents the cash generated from operating activities at a company's disposal. Companies with a low EV-to-OCF ratio, combined with a strong balance sheet are generally considered as undervalued.


Helix Energy Solutions Group EV-to-OCF Related Terms


Helix Energy Solutions Group EV-to-OCF Historical Data

* Premium members only.

The historical data trend for Helix Energy Solutions Group's EV-to-OCF can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Helix Energy Solutions Group EV-to-OCF Chart

Helix Energy Solutions Group Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EV-to-OCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.98 23.70 12.08 9.40 8.16

Helix Energy Solutions Group Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
EV-to-OCF Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 9.46 12.40 8.12 8.70 5.24

HLX vs RES, AESI, PUMP: EV-to-OCF Comparison

For the Oil & Gas Equipment & Services subindustry, Helix Energy Solutions Group's EV-to-OCF, along with its competitors' market caps and EV-to-OCF data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Helix Energy Solutions Group EV-to-OCF vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Helix Energy Solutions Group's EV-to-OCF distribution charts can be found below:

* The bar in red indicates where Helix Energy Solutions Group's EV-to-OCF falls into.


HLX
79GF Score
Helix Energy Solutions Group Inc HLX
EV-to-OCF is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Helix Energy Solutions Group EV-to-OCF Calculation

Helix Energy Solutions Group's EV-to-OCF for today is calculated as:

EV-to-OCF=Enterprise Value (Today)/Cash Flow from Operations (TTM)
=1520.418/238.942
=6.36

Helix Energy Solutions Group's current Enterprise Value is $1,520 Mil.
Helix Energy Solutions Group's Cash Flow from Operations for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $239 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about EV-to-OCF →
What does a EV-to-OCF of 6.36 mean?
Helix Energy Solutions Group (HLX) has a EV-to-OCF of 6.36 as of Sep. 21, 2026. This is 42% below median its historical median of 10.96. Over the past decade, Helix Energy Solutions Group's EV-to-OCF has ranged from 3.09 to 70.73. According to the industry distribution chart, Helix Energy Solutions Group ranks #527 out of 1018 companies in the Oil & Gas industry, placing it in the top 51.8%.
Is Helix Energy Solutions Group's EV-to-OCF too high?
Helix Energy Solutions Group's current EV-to-OCF of 6.36 is 42% below median its 10-year median of 10.96. Over the past 10 years, this metric has ranged from a low of 3.09 to a high of 70.73. The Oil & Gas industry median EV-to-OCF is 5.79. Helix Energy Solutions Group's value of 6.36 is 9.9% above this industry median. Based on the distribution chart, Helix Energy Solutions Group ranks #527 out of 1018 companies in the Oil & Gas industry, which is below the industry midpoint. Overall, Helix Energy Solutions Group has a GF Score™ of 79/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Helix Energy Solutions Group's EV-to-OCF compare to RES and AESI?
According to the Oil & Gas industry distribution chart, Helix Energy Solutions Group ranks #527 out of 1018 companies for EV-to-OCF. This places Helix Energy Solutions Group in the lower half of its industry. The industry median EV-to-OCF is 5.79. Helix Energy Solutions Group's value of 6.36 is 9.9% above this benchmark. Historically, Helix Energy Solutions Group's own EV-to-OCF has ranged from 3.09 to 70.73 over the past decade. While the company's 10-year median is 10.96 vs. the industry median of 5.79, Helix Energy Solutions Group has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EV-to-OCF for an Oil & Gas company?
The median EV-to-OCF among Oil & Gas companies is 5.79, based on 1,018 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-OCF significantly above this median, while those in the bottom quartile fall well below. However, EV-to-OCF should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Helix Energy Solutions Group's current EV-to-OCF of 6.36 is 9.9% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EV-to-OCF mean?
A high EV-to-OCF can signal that a stock is expensive relative to its fundamentals. For the Oil & Gas industry, the median EV-to-OCF is 5.79 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Helix Energy Solutions Group's current EV-to-OCF is 6.36, which is 42% below median its own 10-year median of 10.96. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Helix Energy Solutions Group stock overvalued right now?
Based on GuruFocus' analysis, Helix Energy Solutions Group (HLX) is currently considered Fairly Valued. The stock's GF Value™ is $9.65, compared to a current price of $10.60 — trading 9.8% above its estimated fair value. The current EV-to-OCF is 6.36, which is 42% below median its 10-year median of 10.96 and 9.9% above the Oil & Gas industry median of 5.79. Helix Energy Solutions Group's overall GF Score™ is 79/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-OCF calculated?
EV-to-OCF is calculated from a company's financial statements. For Helix Energy Solutions Group (HLX), the current EV-to-OCF is 6.36 as of Sep. 21, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Helix Energy Solutions Group (HLX) Overvalued in 2026?

Based on GuruFocus' analysis, Helix Energy Solutions Group stock appears to be overvalued. The current stock price of $10.60 is trading 9.8% above its estimated GF Value™ of $9.65. GuruFocus considers Helix Energy Solutions Group to be Fairly Valued.

Key valuation signals for HLX:

  • EV-to-OCF: 6.36 (42% below median its 10-year median of 10.96)
  • GF Value™: $9.65 vs. price of $10.60 (9.8% above fair value)
  • GF Score™: 79/100 with 5 warning signs
  • Industry Position: 9.9% above the Oil & Gas median (#527 of 1018)

No single metric tells the full story. See the HLX stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Helix Energy Solutions Group Business Description

Industry EnergyOil & Gas
Other Exchanges CTV:Germany
Address 3505 West Sam Houston Parkway North, Suite 400, Houston, TX, USA, 77043
Helix Energy Solutions Group Inc is an offshore energy services company. It provides specialty services to the offshore energy industry, with an emphasis on well intervention and robotics operations. Helix provides services in deep water in the Gulf of Mexico, Brazil, the North Sea, Asia Pacific and West Africa regions. It has four segments: Well Intervention, Robotics, Shallow Water Abandonment and Production Facilities. The Well Intervention segment includes vessels and equipment used to perform well intervention services in the Gulf of Mexico, the North Sea and Brazil. It derives the majority of its revenue from the U.S., and it also has its presence in North Sea, Brazil, Asia Pacific, West Africa, and Other.
79GF Score

Get the complete analysis for HLX

EV-to-OCF is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$10.60
Price
$9.65
GF Value