SEAM

SeamecNSEI:SEAMECLTD Stock Report

Market Cap

₹28.3b

7D

8.4%

1Y

174.8%

Updated

20 Sep, 2021

Data

Company Financials
SEAMECLTD fundamental analysis
Snowflake Score
Valuation0/6
Future Growth0/6
Past Performance3/6
Financial Health5/6
Dividends0/6

SEAMECLTD Overview

Seamec Limited provides diving support vessel based diving services in India and internationally.

Price History & Performance

Summary of all time highs, changes and price drops for Seamec
Historical stock prices
Current Share Price₹1,115.75
52 Week High₹342.90
52 Week Low₹1,180.00
Beta0.93
1 Month Change55.61%
3 Month Change131.56%
1 Year Change174.82%
3 Year Change359.35%
5 Year Change1,173.69%
Change since IPO3,884.82%

Recent News & Updates

Sep 10
Does Seamec (NSE:SEAMECLTD) Deserve A Spot On Your Watchlist?

Does Seamec (NSE:SEAMECLTD) Deserve A Spot On Your Watchlist?

Some have more dollars than sense, they say, so even companies that have no revenue, no profit, and a record of falling...

Jul 28
Is Seamec (NSE:SEAMECLTD) Using Too Much Debt?

Is Seamec (NSE:SEAMECLTD) Using Too Much Debt?

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

Shareholder Returns

SEAMECLTDIN Energy ServicesIN Market
7D8.4%1.6%-0.5%
1Y174.8%103.5%61.2%

Return vs Industry: SEAMECLTD exceeded the Indian Energy Services industry which returned 102.9% over the past year.

Return vs Market: SEAMECLTD exceeded the Indian Market which returned 59% over the past year.

Price Volatility

Is SEAMECLTD's price volatile compared to industry and market?
SEAMECLTD volatility
SEAMECLTD Beta0.93
Industry Beta1.01
Market Beta1

Stable Share Price: SEAMECLTD is not significantly more volatile than the rest of Indian stocks over the past 3 months, typically moving +/- 8% a week.

Volatility Over Time: SEAMECLTD's weekly volatility (8%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1986457n/ahttps://www.seamec.in

Seamec Limited provides diving support vessel based diving services in India and internationally. The company’s services include vessel management, marine management, dive support, firefighting, subsea construction, ROV support, pipelaying, rescue operations, logistics, mooring and de-mooring, and carnage services. It also operates bulk carrier vessels for providing bulk carrier services.

Seamec Fundamentals Summary

How do Seamec's earnings and revenue compare to its market cap?
SEAMECLTD fundamental statistics
Market Cap₹28.26b
Earnings (TTM)₹1.14b
Revenue (TTM)₹2.93b

24.7x

P/E Ratio

9.6x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
SEAMECLTD income statement (TTM)
Revenue₹2.93b
Cost of Revenue₹1.93b
Gross Profit₹993.84m
Expenses-₹150.58m
Earnings₹1.14b

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)45.01
Gross Margin33.93%
Net Profit Margin39.08%
Debt/Equity Ratio14.4%

How did SEAMECLTD perform over the long term?

See historical performance and comparison

Dividends

0.09%

Current Dividend Yield

2%

Payout Ratio

Valuation

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

24.69x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: SEAMECLTD (₹1115.75) is trading above our estimate of fair value (₹132.57)

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


Price To Earnings Ratio

PE vs Industry: SEAMECLTD is poor value based on its PE Ratio (24.7x) compared to the Indian Energy Services industry average (22.7x).

PE vs Market: SEAMECLTD is poor value based on its PE Ratio (24.7x) compared to the Indian market (20.4x).


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: SEAMECLTD is overvalued based on its PB Ratio (4.3x) compared to the IN Energy Services industry average (2.3x).


Future Growth

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

25.3%

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.


Past Performance

How has Seamec performed over the past 5 years?

47.6%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: SEAMECLTD has a large one-off gain of ₹836.7M impacting its June 30 2021 financial results.

Growing Profit Margin: SEAMECLTD's current net profit margins (39.1%) are higher than last year (27%).


Past Earnings Growth Analysis

Earnings Trend: SEAMECLTD has become profitable over the past 5 years, growing earnings by 47.6% per year.

Accelerating Growth: SEAMECLTD's earnings growth over the past year (33.1%) is below its 5-year average (47.6% per year).

Earnings vs Industry: SEAMECLTD earnings growth over the past year (33.1%) exceeded the Energy Services industry 0.1%.


Return on Equity

High ROE: SEAMECLTD's Return on Equity (17.3%) is considered low.


Financial Health

How is Seamec's financial position?


Financial Position Analysis

Short Term Liabilities: SEAMECLTD's short term assets (₹2.6B) exceed its short term liabilities (₹1.1B).

Long Term Liabilities: SEAMECLTD's short term assets (₹2.6B) exceed its long term liabilities (₹796.9M).


Debt to Equity History and Analysis

Debt Level: SEAMECLTD's debt to equity ratio (14.4%) is considered satisfactory.

Reducing Debt: SEAMECLTD's debt to equity ratio has increased from 5.7% to 14.4% over the past 5 years.

Debt Coverage: SEAMECLTD's debt is well covered by operating cash flow (111%).

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


Balance Sheet


Dividend

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

0.088%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: SEAMECLTD's dividend (0.088%) isn’t notable compared to the bottom 25% of dividend payers in the Indian market (0.34%).

High Dividend: SEAMECLTD's dividend (0.088%) is low compared to the top 25% of dividend payers in the Indian market (1.45%).


Stability and Growth of Payments

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

Growing Dividend: SEAMECLTD 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: SEAMECLTD is not paying a notable dividend for the Indian market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of SEAMECLTD'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?

3.8yrs

Average board tenure


CEO

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


Board Members

Experienced Board: SEAMECLTD's board of directors are considered experienced (3.8 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.


Ownership Breakdown

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


Top Shareholders

Company Information

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


Key Information

  • Name: Seamec Limited
  • Ticker: SEAMECLTD
  • Exchange: NSEI
  • Founded: 1986
  • Industry: Oil and Gas Equipment and Services
  • Sector: Energy
  • Market Cap: ₹28.257b
  • 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


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/09/20 15:28
End of Day Share Price2021/09/20 00:00
Earnings2021/06/30
Annual Earnings2021/03/31


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.