How does MRMA.F's PE Ratio compare to its peers?

MRMA.F is good value based on its Price-To-Earnings Ratio (9.4x) compared to the peer average (34.8x).

How does MRMA.F's PE Ratio compare vs other companies in the US Energy Services Industry?

MRMA.F is good value based on its Price-To-Earnings Ratio (9.4x) compared to the US Energy Services industry average (14.6x).

What is MRMA.F's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

Insufficient data to calculate MRMA.F's Price-To-Earnings Fair Ratio for valuation analysis.

What is the Fair Price of MRMA.F when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

MRMA.F ($1.5) is trading below our estimate of [[fair value]] ($2.57)

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Insufficient data to show price forecast.

This company has been acquired

The company may no longer be operating, as it has been acquired. Find out why through their latest events.

MRMA.F Stock Overview

Provides vessels, and marine and subsea services to the offshore energy, renewables, and wider maritime industries in Australia and internationally. More details

MRMA.F fundamental analysis
Snowflake Score
Valuation	4/6
Future Growth	0/6
Past Performance	1/6
Financial Health	6/6
Dividends	0/6

Rewards

Trading at 41.7% below our estimate of its fair value

Risk Analysis

Earnings are forecast to decline by an average of 0.7% per year for the next 3 years

Shares are highly illiquid

Large one-off items impacting financial results

Shareholders have been diluted in the past year

My Notes

Capture your thoughts, links and company narrative

MMA Offshore Limited Competitors

NPK International

NYSE:NPKI

US$626.2m

National Energy Services Reunited

NasdaqCM:NESR

US$813.2m

PHI Group

OTCPK:PHIG

US$607.8m

Core Laboratories

NYSE:CLB

US$845.1m

Price History & Performance

Summary of share price highs, lows and changes for MMA Offshore
Historical stock prices
Current Share Price	AU$1.50
52 Week High	AU$1.50
52 Week Low	AU$1.50
Beta	0.34
1 Month Change	0%
3 Month Change	n/a
1 Year Change	n/a
3 Year Change	n/a
5 Year Change	n/a
Change since IPO	-23.08%

Recent updates

Shareholder Returns

	MRMA.F	US Energy Services	US Market
7D	0%	-0.4%	-2.1%
1Y	n/a	-3.1%	21.3%

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

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

Price Volatility

Is MRMA.F's price volatile compared to industry and market?
MRMA.F volatility
MRMA.F Average Weekly Movement	n/a
Energy Services Industry Average Movement	6.4%
Market Average Movement	6.4%
10% most volatile stocks in US Market	18.9%
10% least volatile stocks in US Market	3.2%

Stable Share Price: MRMA.F has not had significant price volatility in the past 3 months.

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

About the Company

Founded	Employees	CEO	Website
1989	1,100	David Ross	www.mmaoffshore.com

MMA Offshore Limited provides vessels, and marine and subsea services to the offshore energy, renewables, and wider maritime industries in Australia and internationally. It operates through Vessel Services, Subsea Services, and Project Logistics segments. The company offers vessel services, including production and offtake, construction, dive and survey, and accommodation support services; anchor handling, towing, seismic production, drilling, vessel management and technical services.

MMA Offshore Limited Fundamentals Summary

How do MMA Offshore's earnings and revenue compare to its market cap?
MRMA.F fundamental statistics
Market cap	US$686.81m
Earnings (TTM)	US$73.15m
Revenue (TTM)	US$237.49m

9.4x

P/E Ratio

2.9x

P/S Ratio

Is MRMA.F overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
MRMA.F income statement (TTM)
Revenue	AU$352.56m
Cost of Revenue	AU$267.47m
Gross Profit	AU$85.09m
Other Expenses	-AU$23.51m
Earnings	AU$108.60m

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

n/a

Earnings per share (EPS)	0.29
Gross Margin	24.13%
Net Profit Margin	30.80%
Debt/Equity Ratio	0%

How did MRMA.F perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2024/07/09 06:13
End of Day Share Price	2024/04/11 00:00
Earnings	2023/12/31
Annual Earnings	2023/06/30

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* example for US securities, for non-US equivalent regulatory forms and sources are used.

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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

MMA Offshore Limited is covered by 16 analysts. 6 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Daniel Laing	Bell Potter
David Evans	BofA Global Research
Cameron Bell	Canaccord Genuity

MMA Offshore OTCPK:MRMA.F Stock Report