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Mermaid Maritime SGX:DU4 Stock Report

Last Price

S$0.15

Market Cap

S$195.0m

7D

11.3%

1Y

114.5%

Updated

23 May, 2024

Data

Company Financials

Mermaid Maritime Public Company Limited

SGX:DU4 Stock Report

Market Cap: S$195.0m

DU4 Stock Overview

Provides subsea and offshore drilling services to the offshore oil and gas industries primarily in Saudi Arabia, Thailand, the United Arab Emirates, the United Kingdom, Qatar, Vietnam, Myanmar, and internationally.

DU4 fundamental analysis
Snowflake Score
Valuation2/6
Future Growth0/6
Past Performance5/6
Financial Health4/6
Dividends0/6

Rewards

Risk Analysis

No risks detected for DU4 from our risk checks.

Mermaid Maritime Public Company Limited Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Mermaid Maritime
Historical stock prices
Current Share PriceS$0.15
52 Week HighS$0.16
52 Week LowS$0.066
Beta0.037
1 Month Change7.25%
3 Month Change52.58%
1 Year Change114.49%
3 Year Change127.69%
5 Year Change108.45%
Change since IPO-92.41%

Recent News & Updates

These 4 Measures Indicate That Mermaid Maritime (SGX:DU4) Is Using Debt Reasonably Well

May 21
These 4 Measures Indicate That Mermaid Maritime (SGX:DU4) Is Using Debt Reasonably Well

Many Still Looking Away From Mermaid Maritime Public Company Limited (SGX:DU4)

Apr 01
Many Still Looking Away From Mermaid Maritime Public Company Limited (SGX:DU4)

These 4 Measures Indicate That Mermaid Maritime (SGX:DU4) Is Using Debt Extensively

Jan 23
These 4 Measures Indicate That Mermaid Maritime (SGX:DU4) Is Using Debt Extensively

Recent updates

These 4 Measures Indicate That Mermaid Maritime (SGX:DU4) Is Using Debt Reasonably Well

May 21
These 4 Measures Indicate That Mermaid Maritime (SGX:DU4) Is Using Debt Reasonably Well

Many Still Looking Away From Mermaid Maritime Public Company Limited (SGX:DU4)

Apr 01
Many Still Looking Away From Mermaid Maritime Public Company Limited (SGX:DU4)

These 4 Measures Indicate That Mermaid Maritime (SGX:DU4) Is Using Debt Extensively

Jan 23
These 4 Measures Indicate That Mermaid Maritime (SGX:DU4) Is Using Debt Extensively

Mermaid Maritime (SGX:DU4) Takes On Some Risk With Its Use Of Debt

Aug 18
Mermaid Maritime (SGX:DU4) Takes On Some Risk With Its Use Of Debt

We Think Mermaid Maritime (SGX:DU4) Has A Fair Chunk Of Debt

Jul 25
We Think Mermaid Maritime (SGX:DU4) Has A Fair Chunk Of Debt

Does Mermaid Maritime (SGX:DU4) Have A Healthy Balance Sheet?

Mar 03
Does Mermaid Maritime (SGX:DU4) Have A Healthy Balance Sheet?

We Think Mermaid Maritime (SGX:DU4) Has A Fair Chunk Of Debt

Aug 19
We Think Mermaid Maritime (SGX:DU4) Has A Fair Chunk Of Debt

Is Mermaid Maritime (SGX:DU4) Using Too Much Debt?

Apr 06
Is Mermaid Maritime (SGX:DU4) Using Too Much Debt?

A Look At Mermaid Maritime's (SGX:DU4) Share Price Returns

Feb 12
A Look At Mermaid Maritime's (SGX:DU4) Share Price Returns

Mermaid Maritime (SGX:DU4) Is Carrying A Fair Bit Of Debt

Dec 21
Mermaid Maritime (SGX:DU4) Is Carrying A Fair Bit Of Debt

Shareholder Returns

DU4SG Energy ServicesSG Market
7D11.3%-2.8%0.4%
1Y114.5%6.9%-1.3%

Return vs Industry: DU4 exceeded the SG Energy Services industry which returned 6.9% over the past year.

Return vs Market: DU4 exceeded the SG Market which returned -1.3% over the past year.

Price Volatility

Is DU4's price volatile compared to industry and market?
DU4 volatility
DU4 Average Weekly Movement7.9%
Energy Services Industry Average Movement7.0%
Market Average Movement5.1%
10% most volatile stocks in SG Market13.1%
10% least volatile stocks in SG Market2.3%

Stable Share Price: DU4's share price has been volatile over the past 3 months.

Volatility Over Time: DU4's weekly volatility (8%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1983n/aChalermchai Mahagitsiriwww.mermaid-group.com/home

Mermaid Maritime Public Company Limited, together with its subsidiaries, provides subsea and offshore drilling services to the offshore oil and gas industries primarily in Saudi Arabia, Thailand, the United Arab Emirates, the United Kingdom, Qatar, Vietnam, Myanmar, and internationally. The company provides subsea services, including inspection, repair and maintenance, infrastructure installation support, remotely operated vehicle (ROV) support, and cable and flexible pipe laying services through subsea vessels, saturation diving systems, air diving systems, and ROV systems. It is involved in the provision of hydrographic survey and positioning, diving, and ROV services.

Mermaid Maritime Public Company Limited Fundamentals Summary

How do Mermaid Maritime's earnings and revenue compare to its market cap?
DU4 fundamental statistics
Market capS$195.04m
Earnings (TTM)S$19.78m
Revenue (TTM)S$420.15m

10.6x

P/E Ratio

0.5x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
DU4 income statement (TTM)
RevenueUS$311.25m
Cost of RevenueUS$235.08m
Gross ProfitUS$76.16m
Other ExpensesUS$61.51m
EarningsUS$14.65m

Last Reported Earnings

Mar 31, 2024

Next Earnings Date

n/a

Earnings per share (EPS)0.01
Gross Margin24.47%
Net Profit Margin4.71%
Debt/Equity Ratio51.0%

How did DU4 perform over the long term?

See historical performance and comparison
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