Seatrium Future Growth

Future criteria checks 4/6

Seatrium is forecast to grow earnings and revenue by 72.2% and 8.8% per annum respectively. EPS is expected to grow by 80.7% per annum. Return on equity is forecast to be 8.1% in 3 years.

Key information

72.2%

Earnings growth rate

80.7%

EPS growth rate

Machinery earnings growth	32.6%
Revenue growth rate	8.8%
Future return on equity	8.1%
Analyst coverage	Good
Last updated	05 Jun 2024

Recent future growth updates

Recent updates

An Intrinsic Calculation For Seatrium Limited (SGX:S51) Suggests It's 48% Undervalued

Sep 23

At S$0.20, Is It Time To Put Sembcorp Marine Ltd (SGX:S51) On Your Watch List?

May 11

Sembcorp Marine Ltd (SGX:S51) Shares Could Be 21% Below Their Intrinsic Value Estimate

Mar 30

Health Check: How Prudently Does Sembcorp Marine (SGX:S51) Use Debt?

Feb 23

At S$0.15, Is Sembcorp Marine Ltd (SGX:S51) Worth Looking At Closely?

Jan 05

Earnings and Revenue Growth Forecasts

SGX:5E2 - Analysts future estimates and past financials data (SGD Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
12/31/2026	10,333	613	703	708	8
12/31/2025	9,593	489	777	1,043	9
12/31/2024	7,744	183	-187	-99	9
12/31/2023	7,291	-2,017	484	601	N/A
9/30/2023	5,515	-1,200	507	600	N/A
6/30/2023	3,738	-383	530	599	N/A
3/31/2023	2,842	-322	770	819	N/A
12/31/2022	1,947	-261	1,010	1,039	N/A
9/30/2022	2,030	-464	348	379	N/A
6/30/2022	2,113	-666	-314	-281	N/A
3/31/2022	1,988	-918	-476	-435	N/A
12/31/2021	1,862	-1,171	-637	-589	N/A
9/30/2021	1,655	-1,104	-663	-609	N/A
6/30/2021	1,448	-1,038	-689	-630	N/A
3/31/2021	1,479	-810	-765	-690	N/A
12/31/2020	1,510	-583	-842	-750	N/A
9/30/2020	1,832	-465	-833	-715	N/A
6/30/2020	2,247	-322	-860	-691	N/A
3/31/2020	2,525	-235	-626	-357	N/A
12/31/2019	2,883	-137	-612	-296	N/A
9/30/2019	3,172	-54	-429	-33	N/A
6/30/2019	3,622	-31	-256	179	N/A
3/31/2019	4,518	-78	-552	-177	N/A
12/31/2018	4,888	-74	-513	-170	N/A
9/30/2018	4,886	37	122	385	N/A
6/30/2018	4,448	168	116	308	N/A
3/31/2018	3,470	228	-26	143	N/A
12/31/2017	3,035	260	-128	50	N/A
9/30/2017	2,953	177	N/A	-643	N/A
6/30/2017	3,112	55	N/A	277	N/A
3/31/2017	3,372	61	N/A	554	N/A
12/31/2016	3,545	79	N/A	569	N/A
9/30/2016	4,042	-492	N/A	141	N/A
6/30/2016	4,284	-438	N/A	-624	N/A
3/31/2016	4,583	-341	N/A	-1,012	N/A
12/31/2015	4,968	-290	N/A	-989	N/A
9/30/2015	5,086	421	N/A	-772	N/A
6/30/2015	5,668	521	N/A	-1,381	N/A
3/31/2015	5,801	544	N/A	-1,244	N/A
12/31/2014	5,833	560	N/A	-508	N/A
9/30/2014	6,080	569	N/A	-94	N/A
6/30/2014	6,028	566	N/A	806	N/A
3/31/2014	5,811	559	N/A	1,371	N/A
12/31/2013	5,526	556	N/A	937	N/A
9/30/2013	5,211	540	N/A	1,219	N/A
6/30/2013	4,445	526	N/A	931	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: 5E2 is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (2.1%).

Earnings vs Market: 5E2 is forecast to become profitable over the next 3 years, which is considered above average market growth.

High Growth Earnings: 5E2 is expected to become profitable in the next 3 years.

Revenue vs Market: 5E2's revenue (8.8% per year) is forecast to grow faster than the SG market (3.7% per year).

High Growth Revenue: 5E2's revenue (8.8% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: 5E2's Return on Equity is forecast to be low in 3 years time (8.1%).

Seatrium Future Growth

Future criteria checks 4/6

Key information

Recent future growth updates

Price target decreased by 8.2% to S$0.15

Seatrium Limited Provides Earnings Guidance for the Year 2023

Price target increased by 11% to S$0.17

Consensus EPS estimates upgraded to S$0.0008 loss, revenue downgraded

No longer forecast to breakeven

Price target decreased by 7.7% to S$0.13

Recent updates

Seatrium Limited Announces Resignation of Lai Chung Han as an Independent Director

Seatrium Limited commences an Equity Buyback Plan for 68,217,075 shares, representing 2% of its issued share capital, under the authorization granted on April 26, 2024.

Seatrium Limited to Report Q1, 2024 Results on May 28, 2024

Is Seatrium (SGX:S51) Using Too Much Debt?

Full year 2023 earnings: Revenues exceed analysts expectations while EPS lags behind

Seatrium Limited, Annual General Meeting, Apr 26, 2024

Pinning Down Seatrium Limited's (SGX:S51) P/S Is Difficult Right Now

Seatrium Limited Announces Changes to Board Committees

Price target decreased by 8.2% to S$0.15

Seatrium Limited to Report Fiscal Year 2023 Results on Feb 26, 2024

Are Investors Undervaluing Seatrium Limited (SGX:S51) By 47%?

Seatrium Limited Announces Resignation of Kem Huey Lee Sharon as Joint Company Secretary, Effective 31 December 2023

Seatrium Limited Announces Appointment of Teng Wei Ann Adrian as CFO

Does Seatrium (SGX:S51) Have A Healthy Balance Sheet?

Seatrium Limited Announces Appointment of Ms Looi Lee Hwa as Joint Company Secretary

Seatrium Limited to Report Q3, 2023 Results on Nov 08, 2023

Seatrium Limited Announces Appointment of Mariel Von Schumann as Non-Executive and Independent Director, Member of the Corporate Social Responsibility Committee and Member of the Transformation Committee, Effective October 01, 2023

An Intrinsic Calculation For Seatrium Limited (SGX:S51) Suggests It's 48% Undervalued

Seatrium Limited Appoints Astrid Skarheim Onsum as Independent Director, Effective September 1, 2023

Seatrium Limited Provides Earnings Guidance for the Year 2023

First half 2023 earnings released: S$0.005 loss per share (vs S$0.005 loss in 1H 2022)

Seatrium Limited Announces the Resignation of Tan Yah Sze as Joint Company Secretary

Seatrium Limited to Report First Half, 2023 Results on Jul 28, 2023

Price target increased by 11% to S$0.17

Seatrium Limited Appoints Mr. Sarjit Singh Gill as A Director from 1 June 2023

Consensus EPS estimates upgraded to S$0.0008 loss, revenue downgraded

No longer forecast to breakeven

Price target decreased by 7.7% to S$0.13

Price target increased by 8.2% to S$0.15

Consensus EPS estimates fall by 49%, revenue upgraded

Full year 2022 earnings: EPS exceeds analyst expectations while revenues lag behind

Price target increased by 7.1% to S$0.14

High number of new directors

Full year 2022 earnings: EPS exceeds analyst expectations while revenues lag behind

Sembcorp Marine Ltd to Report Fiscal Year 2022 Results on Feb 28, 2023

Price target increased to S$0.14

Price target increased to S$0.14

Forecast to breakeven in 2024

Sembcorp Marine Ltd Provides Earnings Guidance for the Second Half of 2022

Price target increased to S$0.12

Sembcorp Marine Ltd to Report Q3, 2022 Results on Nov 15, 2022

Price target increased to S$0.12

Consensus forecasts updated

First half 2022 earnings released

Sembcorp Marine Ltd to Report First Half, 2022 Results on Aug 12, 2022

Sembcorp Marine Ltd to Report Q1, 2022 Results on May 18, 2022

Insufficient new directors

Full year 2021 earnings: EPS and revenues exceed analyst expectations

Sembcorp Marine Ltd Announces Board and Committee Changes

Consensus forecasts updated

No longer forecast to breakeven

Full year 2021 earnings: EPS and revenues exceed analyst expectations

Sembcorp Marine Ltd to Report Fiscal Year 2021 Results on Feb 25, 2022

Sembcorp Marine Ltd to Report Fiscal Year 2021 Results on Feb 25, 2022

Insufficient new directors

Forecast to breakeven in 2024

Price target decreased to S$0.086

Startree Investments Pte Ltd offered to acquire remaining 53.39% stake in Sembcorp Marine Ltd (SGX:S51) from Morgan Stanley Asia (Singapore) Pte. and others for SGD 1.3 billion.

First half 2021 earnings released: S$0.052 loss per share (vs S$0.092 loss in 1H 2020)

Price target decreased to S$0.16

Insider recently sold S$52k worth of stock

Insider recently sold S$52k worth of stock

Keppel Corp and Sembcorp Marine Explore a Potential Tie-Up

At S$0.20, Is It Time To Put Sembcorp Marine Ltd (SGX:S51) On Your Watch List?

Price target increased to S$0.16

Full year 2020 earnings released: S$0.11 loss per share (vs S$0.063 loss in FY 2019)

Sembcorp Marine Ltd (SGX:S51) Shares Could Be 21% Below Their Intrinsic Value Estimate

Price target decreased to S$0.14

Earnings beat expectations, revenue disappoints