Published on 15 Apr 2024 on Simply Wall St. via Yahoo Finance
Is There An Opportunity With Helix Energy Solutions Group, Inc.'s (NYSE:HLX) 48% Undervaluation?
Key Insights
Helix Energy Solutions Group's estimated fair value is US$22.48 based on 2 Stage Free Cash Flow to EquityHelix Energy Solutions Group's US$11.60 share price signals that it might be 48% undervaluedOur fair value estimate is 50% higher than Helix Energy Solutions Group's analyst price target of US$15.00
How far off is Helix Energy Solutions Group, Inc. (NYSE:HLX) from its intrinsic value? Using the most recent financial data, we'll take a look at whether the stock is fairly priced by taking the forecast future cash flows of the company and discounting them back to today's value. One way to achieve this is by employing the Discounted Cash Flow (DCF) model. It may sound complicated, but actually it is quite simple!