Helios Technologies, Inc. (HLIO) Valuation

Valuation

Model-based estimates, not advice. The DCF is the discounted-cash-flow value per share; compare it with the price, not as a target.

DCF fair value

-52.4%

$32.36

vs $67.94 price

Levered DCF

$22.73

After debt service

Piotroski score

9 / 9

Strong

Altman Z-score

3.93

Safe zone

Rating

B+

Overall 3 / 5

Ratios by fiscal year

Margins and yields are shares of revenue, equity or price; multiples are ×.

Metric	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018
P/E	37.47×	38.44×	39.78×	17.97×	32.46×	121.11×	24.59×	22.28×
P/B	1.95×	1.73×	1.75×	2.23×	4.79×	2.81×	2.56×	1.96×
P/S	2.16×	1.85×	1.79×	2×	3.91×	3.27×	2.67×	2.05×
EV / EBITDA	12.59×	12.97×	13.93×	11.52×	18.96×	28.21×	14.11×	11.43×
Gross margin	32.3%	31.3%	31.3%	33.7%	36.0%	37.5%	38.3%	37.9%
Operating margin	7.9%	10.2%	9.6%	15.5%	17.2%	6.8%	16.2%	14.9%
Net margin	5.8%	4.8%	4.5%	11.1%	12.0%	2.7%	10.9%	9.2%
Current ratio	2.9×	2.77×	2.74×	2.55×	2.07×	1.98×	2.52×	2.12×
Debt / equity	0.12×	0.55×	0.64×	0.58×	0.66×	0.8×	0.55×	0.66×
Interest coverage	3.01×	2.42×	2.56×	8.22×	8.83×	2.66×	5.86×	5.44×
Dividend yield	0.7%	0.8%	0.8%	0.7%	0.3%	0.7%	0.8%	1.1%
Payout ratio	24.8%	30.5%	31.5%	11.9%	11.1%	81.7%	19.1%	23.5%

Key metrics by fiscal year

Metric	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018
Return on equity	5.2%	4.5%	4.4%	12.4%	14.8%	2.3%	10.4%	8.8%
Return on invested capital	3.7%	4.6%	4.1%	8.3%	9.4%	1.8%	7.5%	6.6%
Return on assets	3.2%	2.6%	2.4%	6.7%	7.4%	1.1%	5.9%	4.5%
Free cash flow yield	5.5%	6.4%	2.9%	4.4%	2.5%	5.4%	4.4%	4.7%
Earnings yield	2.7%	2.6%	2.5%	5.6%	3.1%	0.8%	4.1%	4.5%
Enterprise value	$1.9B	$1.9B	$2B	$2.2B	$3.8B	$2.2B	$1.8B	$1.4B
Net debt / EBITDA	0.26×	2.88×	3.58×	2.22×	2.19×	6×	2.36×	2.75×
Cash conversion cycle (days)	123	142	144	126	110	127	105	107