Mermaid Maritime Public Co., Ltd. (SG:DU4)
SGX:DU4
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DU4 Stock Chart & Stats
S$0.12
>-S$0.01(-0.74%)
At close: 4:00 PM EST
S$0.12
>-S$0.01(-0.74%)
Day’s Range― - ―
52-Week RangeS$0.10 - S$0.14
Previous CloseN/A
Volume1.56M
Average Volume (3M)1.12M
Market Cap
S$230.67M
Enterprise ValueS$219.24M
Total Cash (Recent Filing)S$65.96M
Total Debt (Recent Filing)S$104.39M
Price to Earnings (P/E)25.2
Beta0.88
Next Earnings
May 20, 2026EPS EstimateN/A
Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)<0.01
Shares Outstanding1,890,743,200
10 Day Avg. Volume1,380,450
30 Day Avg. Volume1,117,783
Financial Highlights & Ratios
PEG Ratio-0.43
Price to Book (P/B)0.70
Price to Sales (P/S)0.33
P/FCF Ratio7.83
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)<0.01
Revenue Forecast (FY)S$311.80M
Bulls Say, Bears Say
Bulls Say
Profitability TurnaroundSustained positive net income across 2022–2025 signals a structural operational recovery from prior losses. This consistent profitability provides a foundation for reinvestment, supports credit metrics and covenant headroom, and improves the company’s ability to fund operations and pursue contracts over the medium term.
Balance Sheet StrengtheningImproving debt-to-equity and rising equity indicate a strengthening capital structure and greater financial flexibility. Lower leverage reduces refinancing risk in a cyclical offshore services industry, enhancing resilience to downturns and enabling the firm to bid competitively or absorb contract timing mismatches without immediate external funding.
Improved Cash GenerationThe return to positive operating and free cash flow in 2025 demonstrates the company can internally generate funds to support working capital, modest capex, or debt reduction. Reliable cash generation, if sustained, materially improves strategic optionality and reduces dependence on external financing in a capital-intensive sector.
Bears Say
Severe Revenue ContractionA ~73% revenue decline in a single year reflects loss of scale or major contract exits, undermining fixed-cost absorption and pricing leverage. Persistent or recurring top-line volatility makes revenue recovery and sustainable growth uncertain, increasing execution risk for maintaining margins and investment plans over the medium term.
Margin CompressionMaterial gross margin deterioration reduces operating leverage and leaves less buffer against cyclical revenue swings. In offshore services, margin pressure can reflect unfavorable contract mix or pricing stress; sustained lower margins would impair returns, reduce cash flow conversion potential, and weaken competitiveness for reinvestment.
Volatile Free Cash Flow & Earnings QualityIrregular free cash flow and weak cash conversion relative to reported earnings indicate earnings quality and working capital unpredictability. This volatility complicates capital allocation, increases refinancing vulnerability in downturns, and reduces confidence that current cash generation can reliably fund dividends, capex, or debt service.
Mermaid Maritime Public Co., Ltd. News
DU4 FAQ
What was Mermaid Maritime Public Co., Ltd.’s price range in the past 12 months?
Mermaid Maritime Public Co., Ltd. lowest share price was S$0.10 and its highest was S$0.14 in the past 12 months.
What is Mermaid Maritime Public Co., Ltd.’s market cap?
Mermaid Maritime Public Co., Ltd.’s market cap is S$230.67M.
When is Mermaid Maritime Public Co., Ltd.’s upcoming earnings report date?
Mermaid Maritime Public Co., Ltd.’s upcoming earnings report date is May 20, 2026 which is in 23 days.
How were Mermaid Maritime Public Co., Ltd.’s earnings last quarter?
Mermaid Maritime Public Co., Ltd. released its earnings results on Feb 26, 2026. The company reported S$0.004 earnings per share for the quarter, beating the consensus estimate of N/A by S$0.004.
Is Mermaid Maritime Public Co., Ltd. overvalued?
According to Wall Street analysts Mermaid Maritime Public Co., Ltd.’s price is currently Overvalued.
Does Mermaid Maritime Public Co., Ltd. pay dividends?
Mermaid Maritime Public Co., Ltd. does not currently pay dividends.
What is Mermaid Maritime Public Co., Ltd.’s EPS estimate?
Mermaid Maritime Public Co., Ltd.’s EPS estimate for its next earnings report is not yet available.
How many shares outstanding does Mermaid Maritime Public Co., Ltd. have?
Mermaid Maritime Public Co., Ltd. has 1,890,743,200 shares outstanding.
What happened to Mermaid Maritime Public Co., Ltd.’s price movement after its last earnings report?
Mermaid Maritime Public Co., Ltd. reported an EPS of S$0.004 in its last earnings report, beating expectations of N/A. Following the earnings report the stock price went up 1.626%.
Which hedge fund is a major shareholder of Mermaid Maritime Public Co., Ltd.?
Currently, no hedge funds are holding shares in SG:DU4
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Mermaid Maritime Public Co., Ltd. Stock Smart Score
Underperform
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10
Technicals
SMA
Positive
20 days / 200 days
Momentum
-10.44%
12-Months-Change
Fundamentals
Return on Equity
3.59%
Trailing 12-Months
Asset Growth
2.65%
Trailing 12-Months
Company Description
Mermaid Maritime Public Co., Ltd.
Mermaid Maritime Public Company Limited, together with its subsidiaries, operates as a subsea and offshore services company in Thailand, Qatar, the United Arab Emirates, the United Kingdom, and Saudi Arabia. The company offers various subsea services, including inspection, repair and maintenance, infrastructure installation support, remotely operated vehicle support, and cable and flexible pipe laying services. It is also involved in the operation of subsea vessels; diving/remotely operated vehicle; provision of submarine products installation services, such as installation engineering, cable transportation, surveys, cable installation with accessories, shore and platform cable pull ins, as well as inspection, repair, and maintenance of subsea cables; and offshore construction support, offshore survey, surface and subsea positioning, equipment and software, and personnel services. The company serves offshore oil and gas industries. The company was incorporated in 1983 and is headquartered in Bangkok, Thailand. Mermaid Maritime Public Company Limited operates as a subsidiary of Thoresen Thai Agencies Public Company Limited.
Technical Analysis
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Options Prices
Currently, No data available
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