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MMA Offshore ASX:MRM Stock Report

Last Price

AU$2.66

Market Cap

AU$1.0b

7D

2.3%

1Y

127.4%

Updated

24 Apr, 2024

Data

Company Financials +

MRM Stock Overview

MMA Offshore Limited provides vessels, and marine and subsea services to the offshore energy, renewables, and wider maritime industries in Australia and internationally.

MRM fundamental analysis
Snowflake Score
Valuation4/6
Future Growth1/6
Past Performance1/6
Financial Health6/6
Dividends0/6

MMA Offshore Limited Competitors

Price History & Performance

Summary of all time highs, changes and price drops for MMA Offshore
Historical stock prices
Current Share PriceAU$2.66
52 Week HighAU$2.69
52 Week LowAU$1.03
Beta0.23
1 Month Change2.31%
3 Month Change26.67%
1 Year Change127.35%
3 Year Change772.13%
5 Year Change56.47%
Change since IPO-48.85%

Recent News & Updates

There's No Escaping MMA Offshore Limited's (ASX:MRM) Muted Earnings Despite A 26% Share Price Rise

Mar 26
There's No Escaping MMA Offshore Limited's (ASX:MRM) Muted Earnings Despite A 26% Share Price Rise

Recent updates

There's No Escaping MMA Offshore Limited's (ASX:MRM) Muted Earnings Despite A 26% Share Price Rise

Mar 26
There's No Escaping MMA Offshore Limited's (ASX:MRM) Muted Earnings Despite A 26% Share Price Rise

MMA Offshore Limited's (ASX:MRM) Intrinsic Value Is Potentially 59% Above Its Share Price

Jan 15
MMA Offshore Limited's (ASX:MRM) Intrinsic Value Is Potentially 59% Above Its Share Price

MMA Offshore Limited (ASX:MRM) Held Back By Insufficient Growth Even After Shares Climb 28%

Dec 08
MMA Offshore Limited (ASX:MRM) Held Back By Insufficient Growth Even After Shares Climb 28%

Estimating The Fair Value Of MMA Offshore Limited (ASX:MRM)

Dec 20
Estimating The Fair Value Of MMA Offshore Limited (ASX:MRM)

Here's Why MMA Offshore (ASX:MRM) Can Afford Some Debt

Jun 02
Here's Why MMA Offshore (ASX:MRM) Can Afford Some Debt

Calculating The Intrinsic Value Of MMA Offshore Limited (ASX:MRM)

Feb 09
Calculating The Intrinsic Value Of MMA Offshore Limited (ASX:MRM)

There Are Some Reasons To Suggest That MMA Offshore's (ASX:MRM) Earnings A Poor Reflection Of Profitability

Sep 06
There Are Some Reasons To Suggest That MMA Offshore's (ASX:MRM) Earnings A Poor Reflection Of Profitability

Is MMA Offshore (ASX:MRM) A Risky Investment?

May 05
Is MMA Offshore (ASX:MRM) A Risky Investment?

Analyst Forecasts Just Became More Bearish On MMA Offshore Limited (ASX:MRM)

Feb 26
Analyst Forecasts Just Became More Bearish On MMA Offshore Limited (ASX:MRM)

MMA Offshore Limited (ASX:MRM) Analysts Are Cutting Their Estimates: Here's What You Need To Know

Feb 25
MMA Offshore Limited (ASX:MRM) Analysts Are Cutting Their Estimates: Here's What You Need To Know

Analysts Expect Breakeven For MMA Offshore Limited (ASX:MRM) Before Long

Jan 14
Analysts Expect Breakeven For MMA Offshore Limited (ASX:MRM) Before Long

MMA Offshore (ASX:MRM) Share Prices Have Dropped 85% In The Last Five Years

Nov 27
MMA Offshore (ASX:MRM) Share Prices Have Dropped 85% In The Last Five Years

Shareholder Returns

MRMAU Energy ServicesAU Market
7D2.3%0.6%0.9%
1Y127.4%16.4%5.6%

Return vs Industry: MRM exceeded the Australian Energy Services industry which returned 16.4% over the past year.

Return vs Market: MRM exceeded the Australian Market which returned 5.6% over the past year.

Price Volatility

Is MRM's price volatile compared to industry and market?
MRM volatility
MRM Average Weekly Movement5.2%
Energy Services Industry Average Movement6.0%
Market Average Movement8.9%
10% most volatile stocks in AU Market17.6%
10% least volatile stocks in AU Market3.5%

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

Volatility Over Time: MRM's weekly volatility (5%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19891,100David Rosswww.mmaoffshore.com

MMA Offshore Limited provides vessels, and marine and subsea services to the offshore energy, renewables, and wider maritime industries in Australia and internationally. It operates through Vessel Services, Subsea Services, and Project Logistics segments. The company offers vessel services, including production and offtake, construction, dive and survey, and accommodation support services; anchor handling, towing, seismic production, drilling, vessel management and technical services.

MMA Offshore Limited Fundamentals Summary

How do MMA Offshore's earnings and revenue compare to its market cap?
MRM fundamental statistics
Market capAU$1.00b
Earnings (TTM)AU$108.60m
Revenue (TTM)AU$352.56m

9.3x

P/E Ratio

2.9x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
MRM income statement (TTM)
RevenueAU$352.56m
Cost of RevenueAU$267.47m
Gross ProfitAU$85.09m
Other Expenses-AU$23.51m
EarningsAU$108.60m

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

n/a

Earnings per share (EPS)0.29
Gross Margin24.13%
Net Profit Margin30.80%
Debt/Equity Ratio0%

How did MRM perform over the long term?

See historical performance and comparison
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