Mermaid Maritime PCL
SGX:DU4

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Mermaid Maritime PCL
SGX:DU4
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Price: 0.124 SGD Market Closed
Market Cap: 234.5m SGD

Relative Value

The Relative Value of one DU4 stock under the Base Case scenario is 0.15 SGD. Compared to the current market price of 0.124 SGD, Mermaid Maritime PCL is Undervalued by 17%.

Relative Value is the estimated value of a stock based on various valuation multiples like P/E and EV/EBIT ratios. It offers a quick snapshot of a stock's valuation in relation to its peers and historical norms.

DU4 Relative Value
Base Case
0.15 SGD
Undervaluation 17%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

vs History
58
vs Industry
79
Median 3Y
0.4
Median 5Y
0.4
Industry
2.1
Forward
0.4
vs History
vs Industry
26
Median 3Y
10.6
Median 5Y
-0.7
Industry
18.5
Forward
31.8
vs History
46
vs Industry
19
Median 3Y
5.2
Median 5Y
5
Industry
11.2
vs History
17
vs Industry
21
Median 3Y
12.2
Median 5Y
-3.3
Industry
14.3
vs History
6
vs Industry
52
Median 3Y
0.7
Median 5Y
0.5
Industry
1.8
vs History
77
vs Industry
78
Median 3Y
0.4
Median 5Y
0.5
Industry
3.2
Forward
0.4
vs History
17
vs Industry
54
Median 3Y
4
Median 5Y
4
Industry
6.9
vs History
19
vs Industry
30
Median 3Y
3.3
Median 5Y
3.1
Industry
11.1
Forward
4.9
vs History
7
vs Industry
21
Median 3Y
9.3
Median 5Y
7.7
Industry
13.4
Forward
19
vs History
55
vs Industry
19
Median 3Y
6.8
Median 5Y
5.3
Industry
11.3
vs History
17
vs Industry
3
Median 3Y
8.2
Median 5Y
-6.7
Industry
12.1
vs History
9
vs Industry
59
Median 3Y
0.5
Median 5Y
0.5
Industry
1.7

Multiples Across Competitors

DU4 Competitors Multiples
Mermaid Maritime PCL Competitors

All Multiples
P/S
P/E
EV/EBITDA
EV/EBIT
All Countries
Close
Market Cap P/S P/E EV/EBITDA EV/EBIT
TH
Mermaid Maritime PCL
SGX:DU4
234.5m SGD 0.4 -37.3 5.2 34.9
US
Schlumberger NV
NYSE:SLB
67.5B USD 1.9 18.5 8.8 12.6
US
Baker Hughes Co
NASDAQ:BKR
49.3B USD 1.8 17 10.8 14.2
US
Halliburton Co
NYSE:HAL
27.5B USD 1.2 21 7.6 10.2
LU
Tenaris SA
MIL:TEN
17.9B EUR 1.8 10.4 6.3 8.1
UK
TechnipFMC PLC
NYSE:FTI
20.3B USD 2.1 21.4 11.4 15.4
CN
Yantai Jereh Oilfield Services Group Co Ltd
SZSE:002353
78.2B CNY 5 27.6 24.3 24.3
FR
Technip Energies NV
PAR:TE
5.9B EUR 0.5 10.1 4.2 4.2
US
Nov Inc
NYSE:NOV
6.4B USD 0.7 16.8 6.8 10.1
US
Weatherford International PLC
NASDAQ:WFRD
6.4B USD 1.3 15.8 6.6 8.9
JP
Modec Inc
TSE:6269
976.6B JPY 1.4 21.1 19.5 23.2
EV/EBITDA Multiple
EBITDA Growth EV/EBITDA to Growth
TH
Mermaid Maritime PCL
SGX:DU4
Average EV/EBITDA: 10.1
5.2
-6%
N/A
US
Schlumberger NV
NYSE:SLB
8.8
3%
2.9
US
B
Baker Hughes Co
NASDAQ:BKR
10.8
7%
1.5
US
Halliburton Co
NYSE:HAL
7.6
-4%
N/A
LU
Tenaris SA
MIL:TEN
6.3
-3%
N/A
UK
TechnipFMC PLC
NYSE:FTI
11.4
18%
0.6
CN
Yantai Jereh Oilfield Services Group Co Ltd
SZSE:002353
24.3
28%
0.9
FR
Technip Energies NV
PAR:TE
4.2
16%
0.3
US
Nov Inc
NYSE:NOV
6.8
-4%
N/A
US
Weatherford International PLC
NASDAQ:WFRD
6.6
-4%
N/A
JP
Modec Inc
TSE:6269
19.5
648%
0