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MMA Offshore LimitedASX:MRM Stock Report

Market Cap AU$1.1b
Share Price
n/a
AU$2.71
n/aintrinsic discount
1Y101.5%
7D0%
1D
Portfolio Value
View

MMA Offshore Limited

ASX:MRM Stock Report

Market Cap: AU$1.1b

This company listing is no longer active

This company may still be operating, however this listing is no longer active. Find out why through their latest events.

MMA Offshore (MRM) Stock Overview

Provides vessels, and marine and subsea services to the offshore energy, renewables, and wider maritime industries in Australia and internationally. More details

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

MRM Community Fair Values

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See what others think this stock is worth. Follow their fair value or set your own to get alerts.

MMA Offshore Limited Competitors

Price History & Performance

Summary of share price highs, lows and changes for MMA Offshore
Historical stock prices
Current Share PriceAU$2.69
52 Week HighAU$2.77
52 Week LowAU$1.21
Beta0.34
1 Month Change1.89%
3 Month Change0.75%
1 Year Change101.50%
3 Year Change647.22%
5 Year Change25.12%
Change since IPO-48.27%

Recent News & Updates

Recent updates

Analysis Article Mar 26

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

MMA Offshore Limited ( ASX:MRM ) shares have continued their recent momentum with a 26% gain in the last month alone...
Analysis Article Jan 15

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

Key Insights The projected fair value for MMA Offshore is AU$3.12 based on 2 Stage Free Cash Flow to Equity Current...
Analysis Article Dec 08

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

MMA Offshore Limited ( ASX:MRM ) shareholders would be excited to see that the share price has had a great month...
Analysis Article Dec 20

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

Key Insights MMA Offshore's estimated fair value is AU$1.0 based on 2 Stage Free Cash Flow to Equity Current share...
Analysis Article Jun 02

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

Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
Analysis Article Feb 09

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

How far off is MMA Offshore Limited ( ASX:MRM ) from its intrinsic value? Using the most recent financial data, we'll...
Analysis Article Sep 06

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

Shareholders didn't seem to be thrilled with MMA Offshore Limited's ( ASX:MRM ) recent earnings report, despite healthy...
Analysis Article May 05

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

The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
Analysis Article Feb 26

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

The latest analyst coverage could presage a bad day for MMA Offshore Limited ( ASX:MRM ), with the analysts making...
Analysis Article Feb 25

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

It's been a pretty great week for MMA Offshore Limited ( ASX:MRM ) shareholders, with its shares surging 14% to AU$0.33...
Analysis Article Jan 14

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

We feel now is a pretty good time to analyse MMA Offshore Limited's ( ASX:MRM ) business as it appears the company may...
Analysis Article Nov 27

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

We're definitely into long term investing, but some companies are simply bad investments over any time frame. We...

Shareholder Returns

MRMAU Energy ServicesAU Market
7D0%-6.0%3.3%
1Y101.5%43.7%3.9%

Return vs Industry: MRM exceeded the Australian Energy Services industry which returned -1.4% over the past year.

Return vs Market: MRM exceeded the Australian Market which returned 7.8% over the past year.

Price Volatility

Is MRM's price volatile compared to industry and market?
MRM volatility
MRM Average Weekly Movement2.7%
Energy Services Industry Average Movement6.7%
Market Average Movement10.3%
10% most volatile stocks in AU Market17.5%
10% least volatile stocks in AU Market4.1%

Stable Share Price: MRM has not had significant price volatility in the past 3 months.

Volatility Over Time: MRM's weekly volatility (3%) 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$1.06b
Earnings (TTM)AU$108.60m
Revenue (TTM)AU$352.56m
9.8x
P/E Ratio
3.0x
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)0.28
Gross Margin24.13%
Net Profit Margin30.80%
Debt/Equity Ratio0%

How did MRM perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/07/25 01:30
End of Day Share Price 2024/07/24 00:00
Earnings2023/12/31
Annual Earnings2023/06/30

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

MMA Offshore Limited is covered by 11 analysts. 6 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Daniel LaingBell Potter
David EvansBofA Global Research
Cameron BellCanaccord Genuity