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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
| Snowflake Score | |
|---|---|
| Valuation | 4/6 |
| Future Growth | 1/6 |
| Past Performance | 1/6 |
| Financial Health | 6/6 |
| Dividends | 0/6 |
My Notes
Capture your thoughts, links and company narrative
MMA Offshore Limited Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | AU$2.69 |
| 52 Week High | AU$2.77 |
| 52 Week Low | AU$1.21 |
| Beta | 0.34 |
| 1 Month Change | 1.89% |
| 3 Month Change | 0.75% |
| 1 Year Change | 101.50% |
| 3 Year Change | 647.22% |
| 5 Year Change | 25.12% |
| Change since IPO | -48.27% |
Recent News & Updates
Recent updates
There's No Escaping MMA Offshore Limited's (ASX:MRM) Muted Earnings Despite A 26% Share Price Rise
Mar 26
MMA Offshore Limited's (ASX:MRM) Intrinsic Value Is Potentially 59% Above Its Share Price
Jan 15MMA Offshore Limited (ASX:MRM) Held Back By Insufficient Growth Even After Shares Climb 28%
Dec 08Estimating The Fair Value Of MMA Offshore Limited (ASX:MRM)
Dec 20Here's Why MMA Offshore (ASX:MRM) Can Afford Some Debt
Jun 02Calculating The Intrinsic Value Of MMA Offshore Limited (ASX:MRM)
Feb 09There Are Some Reasons To Suggest That MMA Offshore's (ASX:MRM) Earnings A Poor Reflection Of Profitability
Sep 06Is MMA Offshore (ASX:MRM) A Risky Investment?
May 05Analyst Forecasts Just Became More Bearish On MMA Offshore Limited (ASX:MRM)
Feb 26MMA Offshore Limited (ASX:MRM) Analysts Are Cutting Their Estimates: Here's What You Need To Know
Feb 25Analysts Expect Breakeven For MMA Offshore Limited (ASX:MRM) Before Long
Jan 14MMA Offshore (ASX:MRM) Share Prices Have Dropped 85% In The Last Five Years
Nov 27
Shareholder Returns
| MRM | AU Energy Services | AU Market | |
|---|---|---|---|
| 7D | 0% | -0.3% | 0.3% |
| 1Y | 101.5% | 4.2% | 9.1% |
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
| MRM volatility | |
|---|---|
| MRM Average Weekly Movement | 2.7% |
| Energy Services Industry Average Movement | 5.8% |
| Market Average Movement | 8.0% |
| 10% most volatile stocks in AU Market | 16.7% |
| 10% least volatile stocks in AU Market | 3.0% |
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
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1989 | 1,100 | David Ross | www.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
| MRM fundamental statistics | |
|---|---|
| Market cap | AU$1.06b |
| Earnings (TTM) | AU$108.60m |
| Revenue (TTM) | AU$352.56m |
9.8x
P/E Ratio3.0x
P/S RatioIs MRM overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| MRM income statement (TTM) | |
|---|---|
| Revenue | AU$352.56m |
| Cost of Revenue | AU$267.47m |
| Gross Profit | AU$85.09m |
| Other Expenses | -AU$23.51m |
| Earnings | AU$108.60m |
Last Reported Earnings
Dec 31, 2023
Next Earnings Date
n/a
| Earnings per share (EPS) | 0.28 |
| Gross Margin | 24.13% |
| Net Profit Margin | 30.80% |
| Debt/Equity Ratio | 0% |
How did MRM perform over the long term?
See historical performance and comparisonCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/07/25 00:04 |
| End of Day Share Price | 2024/07/24 00:00 |
| Earnings | 2023/12/31 |
| Annual Earnings | 2023/06/30 |
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.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
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* 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 here.
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 .
Analyst Sources
MMA Offshore Limited is covered by 16 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.
| Analyst | Institution |
|---|---|
| Daniel Laing | Bell Potter |
| David Evans | BofA Global Research |
| Cameron Bell | Canaccord Genuity |