Mermaid Maritime (OTCPK:MMMP.F) - Stock Price, News & Analysis

MMMP.F 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. More details

MMMP.F fundamental analysis
Snowflake Score
Valuation	4/6
Future Growth	4/6
Past Performance	5/6
Financial Health	3/6
Dividends	0/6

Rewards

Trading at 87.6% below our estimate of its fair value

Earnings are forecast to grow 24.37% per year

Earnings grew by 259.9% over the past year

Risk Analysis

Debt is not well covered by operating cash flow

Shares are highly illiquid

Mermaid Maritime Public Company Limited Competitors

Energy Services of America

NasdaqCM:ESOA

US$261.0m

Profire Energy

NasdaqCM:PFIE

US$116.4m

Drilling Tools International

NasdaqCM:DTI

US$121.8m

Gulf Island Fabrication

NasdaqGS:GIFI

US$112.5m

Price History & Performance

Summary of all time highs, changes and price drops for Mermaid Maritime
Historical stock prices
Current Share Price	S$0.15
52 Week High	S$0.15
52 Week Low	S$0.15
Beta	1.22
11 Month Change	0%
3 Month Change	n/a
1 Year Change	n/a
33 Year Change	n/a
5 Year Change	n/a
Change since IPO	-57.14%

Recent News & Updates

No updates

Recent updates

No updates

Shareholder Returns

	MMMP.F	US Energy Services	US Market
7D	0%	-1.5%	0.5%
1Y	n/a	-1.6%	30.7%

Return vs Industry: Insufficient data to determine how MMMP.F performed against the US Energy Services industry.

Return vs Market: Insufficient data to determine how MMMP.F performed against the US Market.

Price Volatility

Is MMMP.F's price volatile compared to industry and market?
MMMP.F volatility
MMMP.F Average Weekly Movement	n/a
Energy Services Industry Average Movement	6.4%
Market Average Movement	6.3%
10% most volatile stocks in US Market	16.3%
10% least volatile stocks in US Market	3.1%

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

Volatility Over Time: Insufficient data to determine MMMP.F's volatility change over the past year.

About the Company

Founded	Employees	CEO	Website
1983	n/a	Chalermchai Mahagitsiri	www.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?
MMMP.F fundamental statistics
Market cap	US$162.01m
Earnings (TTM)	US$15.08m
Revenue (TTM)	US$441.67m

10.7x

P/E Ratio

0.4x

P/S Ratio

Is MMMP.F overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
MMMP.F 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 Margin	18.96%
Net Profit Margin	3.41%
Debt/Equity Ratio	59.4%

How did MMMP.F perform over the long term?

See historical performance and comparison