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Mermaid Maritime SGX:DU4 Stock Report

Last Price

S$0.17

Market Cap

S$236.0m

7D

1.8%

1Y

100.0%

Updated

21 Oct, 2024

Data

Company Financials +

Mermaid Maritime Public Company Limited

SGX:DU4 Stock Report

Market Cap: S$236.0m

DU4 Stock Overview

Provides subsea and offshore drilling services to the offshore oil and gas industries primarily in Saudi Arabia, Thailand, the United Arab Emirates, the United Kingdom, Qatar, Vietnam, Myanmar, and internationally.

DU4 fundamental analysis
Snowflake Score
Valuation3/6
Future Growth4/6
Past Performance5/6
Financial Health3/6
Dividends0/6

Mermaid Maritime Public Company Limited Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Mermaid Maritime
Historical stock prices
Current Share PriceS$0.17
52 Week HighS$0.23
52 Week LowS$0.08
Beta1.22
11 Month Change20.00%
3 Month Change-4.00%
1 Year Change100.00%
33 Year Change75.00%
5 Year Change136.62%
Change since IPO-91.38%

Recent News & Updates

Recent updates

These 4 Measures Indicate That Mermaid Maritime (SGX:DU4) Is Using Debt Reasonably Well

Sep 11
These 4 Measures Indicate That Mermaid Maritime (SGX:DU4) Is Using Debt Reasonably Well

The Market Doesn't Like What It Sees From Mermaid Maritime Public Company Limited's (SGX:DU4) Earnings Yet As Shares Tumble 27%

Sep 11
The Market Doesn't Like What It Sees From Mermaid Maritime Public Company Limited's (SGX:DU4) Earnings Yet As Shares Tumble 27%

Earnings Not Telling The Story For Mermaid Maritime Public Company Limited (SGX:DU4) After Shares Rise 26%

May 28
Earnings Not Telling The Story For Mermaid Maritime Public Company Limited (SGX:DU4) After Shares Rise 26%

These 4 Measures Indicate That Mermaid Maritime (SGX:DU4) Is Using Debt Reasonably Well

May 21
These 4 Measures Indicate That Mermaid Maritime (SGX:DU4) Is Using Debt Reasonably Well

Many Still Looking Away From Mermaid Maritime Public Company Limited (SGX:DU4)

Apr 01
Many Still Looking Away From Mermaid Maritime Public Company Limited (SGX:DU4)

These 4 Measures Indicate That Mermaid Maritime (SGX:DU4) Is Using Debt Extensively

Jan 23
These 4 Measures Indicate That Mermaid Maritime (SGX:DU4) Is Using Debt Extensively

Mermaid Maritime (SGX:DU4) Takes On Some Risk With Its Use Of Debt

Aug 18
Mermaid Maritime (SGX:DU4) Takes On Some Risk With Its Use Of Debt

We Think Mermaid Maritime (SGX:DU4) Has A Fair Chunk Of Debt

Jul 25
We Think Mermaid Maritime (SGX:DU4) Has A Fair Chunk Of Debt

Does Mermaid Maritime (SGX:DU4) Have A Healthy Balance Sheet?

Mar 03
Does Mermaid Maritime (SGX:DU4) Have A Healthy Balance Sheet?

We Think Mermaid Maritime (SGX:DU4) Has A Fair Chunk Of Debt

Aug 19
We Think Mermaid Maritime (SGX:DU4) Has A Fair Chunk Of Debt

Is Mermaid Maritime (SGX:DU4) Using Too Much Debt?

Apr 06
Is Mermaid Maritime (SGX:DU4) Using Too Much Debt?

A Look At Mermaid Maritime's (SGX:DU4) Share Price Returns

Feb 12
A Look At Mermaid Maritime's (SGX:DU4) Share Price Returns

Mermaid Maritime (SGX:DU4) Is Carrying A Fair Bit Of Debt

Dec 21
Mermaid Maritime (SGX:DU4) Is Carrying A Fair Bit Of Debt

Shareholder Returns

DU4SG Energy ServicesSG Market
7D1.8%-0.9%1.4%
1Y100.0%33.3%15.0%

Return vs Industry: DU4 exceeded the SG Energy Services industry which returned 33.3% over the past year.

Return vs Market: DU4 exceeded the SG Market which returned 15% over the past year.

Price Volatility

Is DU4's price volatile compared to industry and market?
DU4 volatility
DU4 Average Weekly Movement11.0%
Energy Services Industry Average Movement9.1%
Market Average Movement5.0%
10% most volatile stocks in SG Market15.9%
10% least volatile stocks in SG Market2.5%

Stable Share Price: DU4's share price has been volatile over the past 3 months compared to the SG market.

Volatility Over Time: DU4's weekly volatility (11%) has been stable over the past year, but is still higher than 75% of SG stocks.

About the Company

FoundedEmployeesCEOWebsite
1983n/aChalermchai Mahagitsiriwww.mermaid-group.com/home

Mermaid Maritime Public Company Limited, together with its subsidiaries, provides subsea and offshore drilling services to the offshore oil and gas industries primarily in Saudi Arabia, Thailand, the United Arab Emirates, the United Kingdom, Qatar, Vietnam, Myanmar, and internationally. The company provides subsea services, including inspection, repair and maintenance, infrastructure installation support, remotely operated vehicle (ROV) support, and cable and flexible pipe laying services through subsea vessels, saturation diving systems, air diving systems, and ROV systems. It is involved in the provision of hydrographic survey and positioning, diving, and ROV services.

Mermaid Maritime Public Company Limited Fundamentals Summary

How do Mermaid Maritime's earnings and revenue compare to its market cap?
DU4 fundamental statistics
Market capS$236.03m
Earnings (TTM)S$20.19m
Revenue (TTM)S$591.55m

11.8x

P/E Ratio

0.4x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
DU4 income statement (TTM)
Revenue฿15.01b
Cost of Revenue฿12.17b
Gross Profit฿2.85b
Other Expenses฿2.33b
Earnings฿512.44m

Last Reported Earnings

Jun 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)0.36
Gross Margin18.96%
Net Profit Margin3.41%
Debt/Equity Ratio59.4%

How did DU4 perform over the long term?

See historical performance and comparison