Marco Polo Marine's (SGX:5LY) Promising Earnings May Rest On Soft Foundations
Despite posting some strong earnings, the market for Marco Polo Marine Ltd.'s ( SGX:5LY ) stock hasn't moved much. Our...
Has the Singaporean Marine and Shipping Industry valuation changed over the past few years?
|Sat, 04 Dec 2021||S$871.7m||S$698.2m||S$48.2m||7.1x|
|Mon, 01 Nov 2021||S$880.6m||S$686.6m||S$53.1m||7.9x|
|Wed, 29 Sep 2021||S$815.7m||S$688.4m||S$53.3m||7.9x|
|Fri, 27 Aug 2021||S$744.5m||S$684.5m||S$52.9m||7.9x|
|Sat, 03 Jul 2021||S$789.5m||S$684.5m||S$52.9m||7.7x|
|Tue, 06 Apr 2021||S$656.7m||S$673.3m||S$40.8m||25.7x|
|Fri, 08 Jan 2021||S$644.1m||S$656.3m||S$33.1m||14.1x|
|Thu, 01 Oct 2020||S$563.5m||S$715.5m||S$21.8m||7.1x|
|Sun, 05 Jul 2020||S$474.5m||S$750.5m||S$32.9m||6.7x|
|Wed, 08 Apr 2020||S$387.3m||S$778.1m||S$25.9m||6.9x|
|Tue, 31 Dec 2019||S$509.9m||S$749.5m||S$3.9m||9.1x|
|Fri, 04 Oct 2019||S$427.1m||S$777.4m||S$11.1m||7.1x|
|Mon, 08 Jul 2019||S$423.4m||S$797.5m||S$3.5m||6.7x|
|Sun, 31 Mar 2019||S$372.6m||S$866.6m||S$1.9m||8.9x|
|Wed, 02 Jan 2019||S$381.2m||S$868.0m||S$168.8m||7.6x|
Current Industry PE: There are only 2 profitable companies in this industry, so there is insufficient data to make an industry-wide assessment of PE.
Past Earnings Growth: The earnings for companies in the Shipping industry have declined 30% per year over the last three years, and revenues have also declined 7.1% per year. This means overall sales from these companies are declining and profits are subsequently falling as well.
Which industries have driven the changes within the Singaporean Marine and Shipping industry?
Industry PE: Investors are most optimistic about the Marine industry even though it's trading below its 3-year average PE ratio of 9.8x. However analysts are expecting annual earnings growth of 108%, which is lower than the prior year's growth of 145% per year. So the market might believe that analysts are underestimating future growth.
Forecasted Growth: Analysts are most optimistic on the Marine industry, expecting annual earnings growth of 108% over the next 5 years. However this is lower than its past earnings growth rate of 145% per year.
Marco Polo Marine
Samudera Shipping Line
First Ship Lease Trust