Loading...

Sembcorp Marine

OTCPK:SMBM.Y
Snowflake Description

Moderate growth potential and overvalued.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
SMBM.Y
OTCPK
SGD4B
Market Cap
  1. Home
  2. US
  3. Capital Goods
Company description

Sembcorp Marine Ltd, an investment holding company, provides offshore and marine engineering solutions worldwide. The last earnings update was 22 days ago. More info.


Add to Portfolio Compare Print
SMBM.Y Share Price and Events
7 Day Returns
0%
OTCPK:SMBM.Y
1.3%
US Machinery
-0.3%
US Market
1 Year Returns
-31.7%
OTCPK:SMBM.Y
1.6%
US Machinery
7%
US Market
SMBM.Y Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Sembcorp Marine (SMBM.Y) 0% 0% - -31.7% -12.2% -62.9%
US Machinery 1.3% 6.5% 11.1% 1.6% 51.1% 33.8%
US Market -0.3% 2% 8.5% 7% 37.7% 46.8%
1 Year Return vs Industry and Market
  • SMBM.Y underperformed the Machinery industry which returned 1.6% over the past year.
  • SMBM.Y underperformed the Market in United States of America which returned 7% over the past year.
Price Volatility
SMBM.Y
Industry
5yr Volatility vs Market

SMBM.Y Value

 Is Sembcorp Marine undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of Sembcorp Marine to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for Sembcorp Marine.

OTCPK:SMBM.Y Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Average of 16 Analyst Estimates (S&P Global) See below
Discount Rate (Cost of Equity) See below 13.2%
Perpetual Growth Rate 10-Year US Government Bond Rate 2.7%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for OTCPK:SMBM.Y
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year US Govt Bond Rate 2.7%
Equity Risk Premium S&P Global 6%
Machinery Unlevered Beta Simply Wall St/ S&P Global 1.07
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 1.068 (1 + (1- 17%) (119.98%))
1.758
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
1.76
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 2.73% + (1.758 * 5.96%)
13.21%

Discounted Cash Flow Calculation for OTCPK:SMBM.Y using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for Sembcorp Marine is arrived at by discounting future cash flows to their present value using the 2 stage method. We try to start with analysts estimates of free cash flow, however if these are not available we use the most recent financial results. In the 1st stage we continue to grow the free cash flow over a 10 year period, with the growth rate trending towards the perpetual growth rate used in the 2nd stage. The 2nd stage assumes the company grows at a stable rate into perpetuity.

OTCPK:SMBM.Y DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (SGD, Millions) Source Present Value
Discounted (@ 13.21%)
2019 780.53 Analyst x3 689.46
2020 53.13 Analyst x7 41.46
2021 75.77 Analyst x3 52.22
2022 93.76 Est @ 23.75% 57.08
2023 110.12 Est @ 17.45% 59.22
2024 124.47 Est @ 13.03% 59.13
2025 136.85 Est @ 9.94% 57.42
2026 147.49 Est @ 7.78% 54.67
2027 156.73 Est @ 6.26% 51.31
2028 164.88 Est @ 5.2% 47.68
Present value of next 10 years cash flows SGD1,169.66
OTCPK:SMBM.Y DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2028 × (1 + g) ÷ (Discount Rate – g)
= SGD164.88 × (1 + 2.73%) ÷ (13.21% – 2.73%)
SGD1,616.44
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= SGD1,616.44 ÷ (1 + 13.21%)10
SGD467.47
OTCPK:SMBM.Y Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= SGD1,169.66 + SGD467.47
SGD1,637.12
Equity Value per Share
(SGD)
= Total value / Shares Outstanding
= SGD1,637.12 / 2,089.08
SGD0.78
OTCPK:SMBM.Y Discount to Share Price
Calculation Result
Non-primary Listing Adjustment Factor 1 share in OTCPK:SMBM.Y represents 7.00574x of SGX:S51
(This could be a different class, a depositary receipt, a different currency, or all of these things.)
7.00574x
Value per Share
(Listing Adjusted, USD)
= Value per Share (SGD) x Listing Adjustment Factor
= SGD 0.78 x 7.00574
$5.49
Value per share (USD) From above. $5.49
Current discount Discount to share price of $11.84
= -1 x ($11.84 - $5.49) / $5.49
-115.7%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

  • The current share price of Sembcorp Marine is above its future cash flow value.
Often investors are willing to pay a premium for a company that has a high dividend or the potential for future growth.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Sembcorp Marine's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Sembcorp Marine's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
OTCPK:SMBM.Y PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-12-31) in SGD SGD-0.04
SGX:S51 Share Price ** SGX (2019-03-22) in SGD SGD1.69
United States of America Machinery Industry PE Ratio Median Figure of 103 Publicly-Listed Machinery Companies 21.67x
United States of America Market PE Ratio Median Figure of 3,081 Publicly-Listed Companies 18.18x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Sembcorp Marine.

OTCPK:SMBM.Y PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= SGX:S51 Share Price ÷ EPS (both in SGD)

= 1.69 ÷ -0.04

-47.61x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Sembcorp Marine is loss making, we can't compare its value to the US Machinery industry average.
  • Sembcorp Marine is loss making, we can't compare the value of its earnings to the United States of America market.
Price based on expected Growth
Does Sembcorp Marine's expected growth come at a high price?
Raw Data
OTCPK:SMBM.Y PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -47.61x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 16 Analysts
94.5%per year
United States of America Machinery Industry PEG Ratio Median Figure of 83 Publicly-Listed Machinery Companies 1.61x
United States of America Market PEG Ratio Median Figure of 2,109 Publicly-Listed Companies 1.56x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for Sembcorp Marine, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Sembcorp Marine's assets?
Raw Data
OTCPK:SMBM.Y PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-12-31) in SGD SGD1.11
SGX:S51 Share Price * SGX (2019-03-22) in SGD SGD1.69
United States of America Machinery Industry PB Ratio Median Figure of 129 Publicly-Listed Machinery Companies 2.45x
United States of America Market PB Ratio Median Figure of 5,184 Publicly-Listed Companies 1.91x
OTCPK:SMBM.Y PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= SGX:S51 Share Price ÷ Book Value per Share (both in SGD)

= 1.69 ÷ 1.11

1.53x

* Primary Listing of Sembcorp Marine.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Sembcorp Marine is good value based on assets compared to the US Machinery industry average.
X
Value checks
We assess Sembcorp Marine's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Machinery industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Machinery industry average (and greater than 0)? (1 check)
  5. Sembcorp Marine has a total score of 1/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

SMBM.Y Future Performance

 How is Sembcorp Marine expected to perform in the next 1 to 3 years based on estimates from 16 analysts?

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
94.5%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Sembcorp Marine expected to grow at an attractive rate?
  • Sembcorp Marine's earnings growth is expected to exceed the low risk savings rate of 2.7%.
Growth vs Market Checks
  • Sembcorp Marine's earnings growth is expected to exceed the United States of America market average.
  • Sembcorp Marine's revenues are expected to decrease over the next 1-3 years, this is below the United States of America market average.
Annual Growth Rates Comparison
Raw Data
OTCPK:SMBM.Y Future Growth Rates Data Sources
Data Point Source Value (per year)
OTCPK:SMBM.Y Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 16 Analysts 94.5%
OTCPK:SMBM.Y Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 16 Analysts -17.6%
United States of America Machinery Industry Earnings Growth Rate Market Cap Weighted Average 11%
United States of America Machinery Industry Revenue Growth Rate Market Cap Weighted Average 3.7%
United States of America Market Earnings Growth Rate Market Cap Weighted Average 13.4%
United States of America Market Revenue Growth Rate Market Cap Weighted Average 7%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
OTCPK:SMBM.Y Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 16 Analyst Estimates (S&P Global) See Below
All numbers in SGD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
OTCPK:SMBM.Y Future Estimates Data
Date (Data in SGD Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2021-12-31 2,770 271 62 6
2020-12-31 3,403 240 76 16
2019-12-31 2,969 538 34 16
OTCPK:SMBM.Y Past Financials Data
Date (Data in SGD Millions) Revenue Cash Flow Net Income *
2018-12-31 4,888 -170 -74
2018-09-30 4,239 385 -209
2018-06-30 3,800 308 -78
2018-03-31 2,822 143 -18
2017-12-31 3,035 50 260
2017-09-30 2,953 -643 177
2017-06-30 3,112 277 55
2017-03-31 3,372 554 61
2016-12-31 3,545 569 79
2016-09-30 4,042 141 -492
2016-06-30 4,284 -624 -438
2016-03-31 4,583 -1,012 -341

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Sembcorp Marine's earnings are expected to grow significantly at over 20% yearly.
  • Sembcorp Marine's revenue is expected to decrease over the next 1-3 years, this is not considered high growth.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
OTCPK:SMBM.Y Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 16 Analyst Estimates (S&P Global) See Below

All data from Sembcorp Marine Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

OTCPK:SMBM.Y Future Estimates Data
Date (Data in SGD Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2021-12-31 0.04 0.08 0.02 6.00
2020-12-31 0.04 0.06 0.01 14.00
2019-12-31 0.02 0.02 0.00 8.00
OTCPK:SMBM.Y Past Financials Data
Date (Data in SGD Millions) EPS *
2018-12-31 -0.04
2018-09-30 -0.10
2018-06-30 -0.04
2018-03-31 -0.01
2017-12-31 0.12
2017-09-30 0.08
2017-06-30 0.03
2017-03-31 0.03
2016-12-31 0.04
2016-09-30 -0.24
2016-06-30 -0.21
2016-03-31 -0.16

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Sembcorp Marine is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).
X
Future performance checks
We assess Sembcorp Marine's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the United States of America market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the United States of America market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Sembcorp Marine has a total score of 3/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

SMBM.Y Past Performance

  How has Sembcorp Marine performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Sembcorp Marine's growth in the last year to its industry (Machinery).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Sembcorp Marine does not make a profit and their year on year earnings growth rate was negative over the past 5 years.
  • Unable to compare Sembcorp Marine's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare Sembcorp Marine's 1-year growth to the US Machinery industry average as it is not currently profitable.
Earnings and Revenue History
Sembcorp Marine's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Sembcorp Marine Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

OTCPK:SMBM.Y Past Revenue, Cash Flow and Net Income Data
Date (Data in SGD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-12-31 4,887.87 -74.13 102.21
2018-09-30 4,238.85 -208.86 96.32
2018-06-30 3,800.44 -78.39 97.86
2018-03-31 2,822.12 -17.65 99.34
2017-12-31 3,034.77 260.18 98.74
2017-09-30 2,953.10 177.17 102.95
2017-06-30 3,112.33 54.66 109.03
2017-03-31 3,371.97 60.99 111.98
2016-12-31 3,544.82 78.78 113.99
2016-09-30 4,041.92 -492.40 264.25
2016-06-30 4,283.80 -438.50 274.79
2016-03-31 4,582.88 -340.72 285.56
2015-12-31 4,968.13 -289.67 290.41
2015-09-30 5,086.06 421.26 155.46
2015-06-30 5,667.75 521.16 150.66
2015-03-31 5,800.98 543.52 150.43
2014-12-31 5,832.60 560.13 152.42
2014-09-30 6,080.41 568.52 160.61
2014-06-30 6,027.61 566.20 155.25
2014-03-31 5,811.06 559.48 153.42
2013-12-31 5,525.88 555.75 148.44
2013-09-30 5,211.29 540.38 139.56
2013-06-30 4,444.94 526.22 141.42
2013-03-31 4,537.68 544.11 141.58
2012-12-31 4,430.12 538.45 148.38
2012-09-30 4,049.55 600.40 139.37
2012-06-30 4,459.58 707.40 143.73

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • It is difficult to establish if Sembcorp Marine has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
  • It is difficult to establish if Sembcorp Marine has efficiently used its assets last year compared to the US Machinery industry average (Return on Assets) as it is loss-making.
  • It is difficult to establish if Sembcorp Marine improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
X
Past performance checks
We assess Sembcorp Marine's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Machinery industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Sembcorp Marine has a total score of 0/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

SMBM.Y Health

 How is Sembcorp Marine's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Sembcorp Marine's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Sembcorp Marine is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Sembcorp Marine's long term commitments exceed its cash and other short term assets.
Balance sheet
This treemap shows a more detailed breakdown of Sembcorp Marine's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Debt is not covered by short term assets, assets are 0.7x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Sembcorp Marine Company Filings, last reported 3 months ago.

OTCPK:SMBM.Y Past Debt and Equity Data
Date (Data in SGD Millions) Total Equity Total Debt Cash & Short Term Investments
2018-12-31 2,348.44 4,235.85 841.25
2018-09-30 2,374.84 3,960.90 703.07
2018-06-30 2,371.29 3,851.98 880.77
2018-03-31 2,456.43 3,813.90 1,049.99
2017-12-31 2,480.18 4,107.29 1,302.57
2017-09-30 2,562.59 4,410.08 1,097.14
2017-06-30 2,585.17 4,390.24 1,068.09
2017-03-31 2,639.45 4,344.80 1,287.69
2016-12-31 2,607.62 4,158.07 1,221.13
2016-09-30 2,541.44 4,108.07 1,492.73
2016-06-30 2,714.44 3,981.40 967.99
2016-03-31 2,757.84 3,901.82 957.14
2015-12-31 2,664.28 3,380.45 631.98
2015-09-30 3,165.13 2,848.59 826.81
2015-06-30 3,219.59 2,460.63 805.63
2015-03-31 3,286.28 2,034.72 1,126.59
2014-12-31 3,132.03 1,741.84 1,081.57
2014-09-30 2,923.85 1,647.71 1,569.12
2014-06-30 2,897.85 940.26 1,830.14
2014-03-31 2,933.79 810.81 2,284.74
2013-12-31 2,809.51 766.11 1,697.87
2013-09-30 2,651.06 634.27 1,758.88
2013-06-30 2,579.59 583.79 1,811.23
2013-03-31 2,656.79 433.68 1,657.32
2012-12-31 2,547.03 332.98 1,411.47
2012-09-30 2,377.12 82.95 1,015.83
2012-06-30 2,360.71 34.31 1,199.97
  • Sembcorp Marine's level of debt (180.4%) compared to net worth is high (greater than 40%).
  • The level of debt compared to net worth has increased over the past 5 years (27.3% vs 180.4% today).
  • Operating cash flow is negative therefore debt is not well covered.
  • Unable to confirm if the interest payments on Sembcorp Marine's debt are well covered by earnings due to lack of past financial data.
X
Financial health checks
We assess Sembcorp Marine's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Sembcorp Marine has a total score of 1/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

SMBM.Y Dividends

 What is Sembcorp Marine's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from Sembcorp Marine dividends. Estimated to be 0.64% next year.
If you bought $2,000 of Sembcorp Marine shares you are expected to receive $0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate Sembcorp Marine's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Sembcorp Marine's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
OTCPK:SMBM.Y Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 16 Analyst Estimates (S&P Global) See Below
United States of America Machinery Industry Average Dividend Yield Market Cap Weighted Average of 77 Stocks 1.9%
United States of America Market Average Dividend Yield Market Cap Weighted Average of 2009 Stocks 2.4%
United States of America Minimum Threshold Dividend Yield 10th Percentile 0.8%
United States of America Bottom 25% Dividend Yield 25th Percentile 1.4%
United States of America Top 25% Dividend Yield 75th Percentile 3.6%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

OTCPK:SMBM.Y Future Dividends Estimate Data
Date (Data in SGD) Dividend per Share (annual) Avg. No. Analysts
2021-12-31 0.02 6.00
2020-12-31 0.01 14.00
2019-12-31 0.01 13.00
OTCPK:SMBM.Y Past Annualized Dividends Data
Date (Data in SGD) Dividend per share (annual) Avg. Yield (%)
2019-04-01 0.000 0.000
2019-02-19 0.000 0.000
2018-10-25 0.000 0.000
2018-07-20 0.000 0.000
2018-03-28 0.020 0.951
2018-02-21 0.020 0.942
2017-10-31 0.020 0.975
2017-10-16 0.020 1.074
2017-07-27 0.020 1.209
2017-03-31 0.020 1.170
2016-10-25 0.030 1.970
2016-07-28 0.030 2.284
2016-03-22 0.060 3.758
2015-04-02 0.130 5.929
2015-02-12 0.130 4.372
2014-11-17 0.130 4.206
2014-08-04 0.130 3.450
2014-02-25 0.130 3.213
2013-09-30 0.130 3.003
2013-09-11 0.130 2.881
2013-09-02 0.130 3.022
2013-08-05 0.130 2.981
2013-08-02 0.110 2.483
2013-08-01 0.130 2.890
2013-02-22 0.130 2.963
2012-08-02 0.250 5.268
2012-02-23 0.250 5.108
2011-05-04 0.360 8.221
2011-03-07 0.360 6.274
2011-03-02 0.360 6.568
2011-02-25 0.360 6.711
2011-02-23 0.360 6.857
2010-02-22 0.110 2.554
2009-12-31 0.110 3.108
2009-08-04 0.110 3.269
2009-04-23 0.110 4.089

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as Sembcorp Marine has not reported any payouts.
  • Unable to verify if Sembcorp Marine's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Sembcorp Marine's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Sembcorp Marine has not reported any payouts.
Future Payout to shareholders
  • No need to calculate the sustainability of Sembcorp Marine's dividends in 3 years as they are not expected to pay a notable one for United States of America.
X
Income/ dividend checks
We assess Sembcorp Marine's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.8%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Sembcorp Marine afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Sembcorp Marine has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

SMBM.Y Management

 What is the CEO of Sembcorp Marine's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Weng Sun Wong
COMPENSATION SGD2,788,000
AGE 56
TENURE AS CEO 9.9 years
CEO Bio

Mr. Wong Weng Sun serves as Chairman and Managing Director at Jurong Shipyard Pte Ltd. Mr. Wong serves as Chief Executive Officer at SembCorp Marine Ltd since May 01, 2009 and has been its Group President since March 13, 2006. Mr. Wong served as Managing Director of Jurong Shipyard Pte. Ltd., a subsidiary of SembCorp. Industries Ltd. He served as Chief Operating Officer of SembCorp. Marine Ltd. from 2004 to April 2009, Deputy President from January 2002 to March 13, 2006 and also served as its General Manager of Project Management. He served as a Senior Repair Manager of Jurong Shipyard Ltd. since July 1, 1996. He joined the shipyard in 1988 as an Engineer. He serves as the Chairman of Jurong SML Pte Ltd at SembCorp. Marine Ltd. He has been an Executive Director of SembCorp Marine Ltd since May 05, 2009. He served as a Director of Maritime and Port Authority of Singapore (MPA) until February 2, 2018. He served as an Executive Director of Jurong Shipyard Ltd. His Principal Commitments: Chairman of Singapore Maritime Institute’s Board & Governing Council, Singapore Institute of Technology-Newcastle University (SIT-NU) Industry, Advisory Committee for marine engineering, naval architecture and offshore engineering joint-degree programmes and Member of Marine and Offshore Sectoral Tripartite Committee, Industry Advisory Panel, School of Mechanical and Aerospace Engineering, Nanyang Technological University. Mr. Wong graduated from the University Technology of Malaysia in 1986 with a Bachelor of Mechanical Engineering (Marine). He also obtained a Master in Business Administration degree from the Oklahoma City University in 1993.

CEO Compensation
  • Weng Sun's compensation has been consistent with company performance over the past year.
  • Weng Sun's remuneration is lower than average for companies of similar size in United States of America.
Management Team Tenure

Average tenure of the Sembcorp Marine management team in years:

3.8
Average Tenure
  • The tenure for the Sembcorp Marine management team is about average.
Management Team

Weng Sun Wong

TITLE
CEO, President & Executive Director
COMPENSATION
SGD3M
AGE
56
TENURE
9.9 yrs

Cheng Tan

TITLE
Chief Financial Officer
COMPENSATION
SGD730K
TENURE
13.1 yrs

Poh Kwee Ong

TITLE
Chief Operating Officer
COMPENSATION
SGD779K
TENURE
3.8 yrs

Zijian Wang

TITLE
Head of Singapore Yard Operations
COMPENSATION
SGD947K

William Gu

TITLE
Senior VP and Head of Rigs & Floaters
COMPENSATION
SGD941K
TENURE
3.8 yrs

William Goh

TITLE
Director of Group Finance
COMPENSATION
SGD842K
TENURE
1.9 yrs

Jessie Lau

TITLE
Head of Administration

Lisa Lee

TITLE
Head of Investor Relations

Yah Tan

TITLE
Head of Legal & Corporate Secretariat and Secretary

David Wong

TITLE
Head of Corporate Communications
Board of Directors Tenure

Average tenure and age of the Sembcorp Marine board of directors in years:

4.5
Average Tenure
64
Average Age
  • The tenure for the Sembcorp Marine board of directors is about average.
Board of Directors

Mohd Bin Marican

TITLE
Chairman
COMPENSATION
SGD540K
AGE
66
TENURE
5 yrs

Weng Sun Wong

TITLE
CEO, President & Executive Director
COMPENSATION
SGD3M
AGE
56
TENURE
9.9 yrs

Ron Foo

TITLE
Non Executive & Independent Director
COMPENSATION
SGD200K
AGE
71
TENURE
12.8 yrs

Bob Tan

TITLE
Independent Director
COMPENSATION
SGD215K
AGE
66
TENURE
4 yrs

Chiap Koh

TITLE
Non-Executive & Non-Independent Director
COMPENSATION
SGD183K
AGE
51
TENURE
7.9 yrs

Eric Ang

TITLE
Independent Director
COMPENSATION
SGD184K
AGE
64
TENURE
6 yrs

Gina Lee-Wan

TITLE
Non Executive & Independent Director
COMPENSATION
SGD146K
AGE
61
TENURE
4 yrs

Neil McGregor

TITLE
Non-Executive and Non-Independent Director
COMPENSATION
SGD113K
AGE
63
TENURE
2 yrs

William Tan

TITLE
Independent Director
COMPENSATION
SGD122K
AGE
66
TENURE
2 yrs

Patrick Daniel

TITLE
Non-Executive Independent Director
AGE
64
TENURE
1 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price ($) Value ($)
X
Management checks
We assess Sembcorp Marine's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Sembcorp Marine has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

SMBM.Y News

Simply Wall St News

SMBM.Y Company Info

Description

Sembcorp Marine Ltd, an investment holding company, provides offshore and marine engineering solutions worldwide. The company engages in the turnkey design, engineering, procurement, construction, and commissioning of offshore newbuilding and conversions, FSOs, FPSOs, FDPSOs, FPUs, MOPUs, gas terminals, FLNGs, FSRUs, jack-ups, semi-submersibles, drill ships, SSP solutions, TLPs, and SPARs. It also engages in the repair, refurbishment, retrofitting, life-extension, upgrading, and conversion of vessels, marine and offshore structures, LNG and LPG gas carriers, cruise ships, ferries, mega-yachts, floating production vessels, MODUs, tankers, containers, and cargo ships, as well as offers jumboization and dejumboization solutions. In addition, the company offers afloat and emergency repair, underwater cleaning and repair, main engine maintenance and repair, steel and pipe work, electrical and instrumentation repair, mechanical and motor rewind repair, tank cleaning, sludge and oily waste disposal, staging work, hydro jetting and hydro/vacuum blasting, riding crew and voyage repair, specialized workshop repair and reconditioning, vessel towage and port clearance arrangement, specialists service and navigation, automation, safety, and fire protection services. Further, it offers offshore platform solutions, such as integrated process; production, riser, and drilling; wellhead, power generation, manifold, and accommodation platforms; and wind-farm substations, as well as topside modules fabrication, installation, and integration. Additionally, it designs and builds sophisticated, specialized, gas value chain, ferry, RoPax, cruise, renewable energy and offshore support, naval support and security, and research and scientific survey vessels. The company was formerly known as Jurong Shipyard Ltd and changed its name to Sembcorp Marine Ltd in 2000. The company was founded in 1963 and is headquartered in Singapore. Sembcorp Marine Ltd. is a subsidiary of Sembcorp Industries Ltd.

Details
Name: Sembcorp Marine Ltd
SMBM.Y
Exchange: OTCPK
Founded: 1963
SGD2,604,859,576
2,089,081,967
Website: http://www.sembmarine.com
Address: Sembcorp Marine Ltd
29 Tanjong Kling Road,
Singapore,
628054,
Singapore
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
SGX S51 Ordinary Shares Singapore Exchange SG SGD 02. Jan 1992
OTCPK SMBM.F Ordinary Shares Pink Sheets LLC US USD 02. Jan 1992
DB S8N Ordinary Shares Deutsche Boerse AG DE EUR 02. Jan 1992
OTCPK SMBM.Y ADR Pink Sheets LLC US USD 07. Nov 2008
Number of employees
Current staff
Staff numbers
6,634
Sembcorp Marine employees.
Industry
Construction Machinery and Heavy Trucks
Capital Goods
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/04/22 00:08
End of day share price update: 2019/03/22 00:00
Last estimates confirmation: 2019/04/17
Last earnings filing: 2019/03/31
Last earnings reported: 2018/12/31
Last annual earnings reported: 2018/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

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.