BSE:526807

Stock Analysis Report

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Executive Summary

Seamec Limited owns and operates multi support vessels for providing support services to offshore oilfields in India and internationally. More Details


Snowflake Analysis

Excellent balance sheet with questionable track record.

Share Price & News

How has Seamec's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: 526807 is not significantly more volatile than the rest of Indian stocks over the past 3 months, typically moving +/- 7% a week.

Volatility Over Time: 526807's weekly volatility (7%) has been stable over the past year.


Market Performance


7 Day Return

-1.0%

526807

-1.3%

IN Energy Services

-0.3%

IN Market


1 Year Return

1.0%

526807

1.8%

IN Energy Services

15.9%

IN Market

Return vs Industry: 526807 matched the Indian Energy Services industry which returned 1.8% over the past year.

Return vs Market: 526807 underperformed the Indian Market which returned 15.9% over the past year.


Shareholder returns

526807IndustryMarket
7 Day-1.0%-1.3%-0.3%
30 Day1.1%2.7%4.9%
90 Day18.0%12.3%24.5%
1 Year1.2%1.0%2.6%1.8%18.0%15.9%
3 Year164.9%164.2%-26.4%-28.4%9.7%4.4%
5 Year424.5%423.2%53.2%47.5%82.1%68.4%

Long-Term Price Volatility Vs. Market

How volatile is Seamec's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is Seamec undervalued compared to its fair value and its price relative to the market?

16.21x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: 526807 (₹475.6) is trading above our estimate of fair value (₹248.19)

Significantly Below Fair Value: 526807 is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: 526807's PE Ratio (16.2x) is in line with the IN Energy Services industry average.

PE vs Market: 526807 is good value based on its PE Ratio (16.2x) compared to the Indian market (19.5x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate 526807's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 526807 is overvalued based on its PB Ratio (2.1x) compared to the IN Energy Services industry average (1.2x).


Next Steps

Future Growth

How is Seamec forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

21.7%

Forecasted Energy industry annual growth in earnings


In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Seamec has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Next Steps

Past Performance

How has Seamec performed over the past 5 years?

48.7%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 526807 has high quality earnings.

Growing Profit Margin: 526807's current net profit margins (25.1%) are lower than last year (37%).


Past Earnings Growth Analysis

Earnings Trend: 526807's earnings have grown significantly by 48.7% per year over the past 5 years.

Accelerating Growth: 526807's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: 526807 had negative earnings growth (-49.3%) over the past year, making it difficult to compare to the Energy Services industry average (-12%).


Return on Equity

High ROE: 526807's Return on Equity (13.1%) is considered low.


Next Steps

Financial Health

How is Seamec's financial position?


Financial Position Analysis

Short Term Liabilities: 526807's short term assets (₹3.1B) exceed its short term liabilities (₹1.7B).

Long Term Liabilities: 526807's short term assets (₹3.1B) exceed its long term liabilities (₹918.5M).


Debt to Equity History and Analysis

Debt Level: 526807's debt to equity ratio (7%) is considered satisfactory.

Reducing Debt: 526807's debt to equity ratio has increased from 3.8% to 7% over the past 5 years.

Debt Coverage: 526807's debt is well covered by operating cash flow (420.2%).

Interest Coverage: 526807 earns more interest than it pays, so coverage of interest payments is not a concern.


Balance Sheet


Next Steps

Dividend

What is Seamec current dividend yield, its reliability and sustainability?

0.21%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: 526807's dividend (0.21%) isn’t notable compared to the bottom 25% of dividend payers in the Indian market (0.44%).

High Dividend: 526807's dividend (0.21%) is low compared to the top 25% of dividend payers in the Indian market (1.81%).


Stability and Growth of Payments

Stable Dividend: 526807 is not paying a notable dividend for the Indian market, therefore no need to check if payments are stable.

Growing Dividend: 526807 is not paying a notable dividend for the Indian market, therefore no need to check if payments are increasing.


Current Payout to Shareholders

Dividend Coverage: 526807 is not paying a notable dividend for the Indian market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of 526807's dividend in 3 years as they are not forecast to pay a notable one for the Indian market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

4.5yrs

Average board tenure


CEO

Seamec has no CEO, or we have no data on them.


Board Members

NamePositionTenureCompensationOwnership
Naveen Mohta
Whole Time Director3.17yrsno datano data
Sanjeev Agrawal
Non-Executive Chairman6.58yrsno data1.95%
₹ 235.5m
Surinder Kohli
Non-Executive & Independent Director6.42yrs₹470.00kno data
Seema Modi
Non-Executive & Independent Director5.75yrs₹480.00kno data
Subrat Das
Non-Executive Director3.17yrsno datano data
Deepak Shetty
Non-Executive & Independent Director1.67yrs₹370.00kno data

4.5yrs

Average Tenure

57yo

Average Age

Experienced Board: 526807's board of directors are considered experienced (4.5 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Seamec Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Seamec Limited
  • Ticker: 526807
  • Exchange: BSE
  • Founded: 1986
  • Industry: Oil and Gas Equipment and Services
  • Sector: Energy
  • Market Cap: ₹12.092b
  • Shares outstanding: 25.43m
  • Website: https://www.seamec.in

Number of Employees


Location

  • Seamec Limited
  • A-901-905, 215 Atrium
  • 9th Floor
  • Mumbai
  • Maharashtra
  • 400093
  • India

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
526807BSE (Mumbai Stock Exchange)YesEquity SharesININROct 1996
SEAMECLTDNSEI (National Stock Exchange of India)YesEquity SharesININROct 1996

Biography

Seamec Limited owns and operates multi support vessels for providing support services to offshore oilfields in India and internationally. Its services include vessel management, marine management, dive sup...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/01/16 12:07
End of Day Share Price2021/01/15 00:00
Earnings2020/09/30
Annual Earnings2020/03/31


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.