Mooreast Holdings Ltd. (1V3) AI Stock Analysis

• Market Cap: S$34.97M
• Dividend Yield: N/A
• Average Volume (3M): 99.41K
• Price to Earnings (P/E): 9.6
• Beta (1Y): -1.72
• Revenue Growth: 30.68%
• EPS Growth: N/A
• Country: SG
• Employees: 109
• Sector: Industrials
• Sector Strength: 72
• Industry: Aerospace & Defense
• EPS (TTM): 0.00
• Shares Outstanding: 259,000,000
• 10 Day Avg. Volume: 12,100
• 30 Day Avg. Volume: 99,413
• PEG Ratio: -0.04
• Price to Book (P/B): 1.72
• Price to Sales (P/S): 1.01
• P/FCF Ratio: 9.26
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 57 Neutral
• Price Target: S$0.14 ▼(-6.67% Downside)
• Action: Reiterated Date: 02/27/26
• Date: Action: Reiterated 02/27/26

The score is held back primarily by balance-sheet risk from elevated leverage and a track record of volatile earnings/free cash flow, despite a clear profitability rebound in 2025. Technicals are broadly neutral with only mildly negative momentum signals, while valuation is modestly supportive due to the low P/E.

Positive Factors

Profitability Rebound

The material return to positive earnings and a ~9.5% net margin in 2025 demonstrates improved execution on project deliveries and cost control. Over the medium term this enhances internal funding for reinvestment, strengthens contract credibility with clients, and reduces breakeven risk across project cycles.

Revenue Recovery

A roughly 53% revenue increase in 2025 points to recovering demand or better project execution, improving top-line visibility. Sustained revenue growth supports scale benefits in manufacturing and services, underpins margin expansion potential, and provides a base to rebuild backlog and long-term customer relationships.

Improved Cash & ROE

Positive operating and free cash flow in 2025 alongside an improved ROE (~16%) indicates better capital efficiency and initial cash conversion of earnings. If maintained, stronger cash generation enhances the firm's ability to service debt, fund selective capex, and support day-to-day operations without heavy external financing.

Negative Factors

High Leverage

Sustained debt-to-equity near 1.8–2.1 and rising total debt in 2025 constrain financial flexibility in a cyclical offshore market. Elevated leverage magnifies earnings swings, increases refinancing and interest-rate exposure, and limits ability to absorb project delays or pursue opportunistic investments during downturns.

FCF Volatility

Free cash flow fell about 41% y/y and has been inconsistent historically; in 2025 FCF covered only roughly half of net income. Weak and variable cash conversion undermines the sustainability of reported profits, hampers deleveraging efforts, and may force reliance on external funding when cyclical revenues weaken.

Earnings Volatility

The company’s track record includes multiple recent loss years (2021, 2023, 2024), reflecting volatile earnings across cycles. This undermines predictability for investors and lenders, complicates long-term planning and pricing of multi-year contracts, and raises execution and contract-risk concerns for future project wins.

Mooreast Holdings Ltd. Business Overview & Revenue Model

Company Description

Mooreast Holdings Ltd. provides mooring solutions in Singapore, Europe, the Asia Pacific, the Middle East, and Oceania. The company operates through Mooring, Rigging and Heavy Lifting, Marine Supplies and Services, Renewable Energy, and Yard segments. The Mooring segment engages in the provision of design, engineering, fabrication, supply and installation, and commissioning services for mooring systems to the offshore oil and gas (O&G) and marine industries. This segment also offers leasing services for mooring systems. The Rigging and Heavy Lifting segment offers rigging and heavy lifting equipment, including steel ropes, synthetic ropes, and chains to customers in the offshore O&G, marine, renewable energy, and construction industries. The Marine Supplies and Services segment provides mooring component products, such as synthetic ropes, shackles, chains, anchors, and deck equipment to the marine industry. The Renewable Energy segment is involved in the provision of design, engineering, fabrication, supply and installation, and commissioning services for mooring systems for floating wind projects, offshore solar photovoltaic projects, and tidal turbine projects. The Yard segment offers on-board fabrication, repairs, and testing of equipment for marine vessels. The company was incorporated in 2021 and is based in Singapore. Mooreast Holdings Ltd. is a subsidiary of Feng Tai Investment Pte. Ltd.

How the Company Makes Money

Mooreast Holdings Ltd. generates revenue through several key streams, primarily by selling rigging and lifting equipment to clients in the oil and gas, marine, and industrial sectors. The company also earns income from providing specialized services, which may include equipment rental, maintenance, and technical support. Additionally, strategic partnerships with manufacturers and suppliers enable Mooreast to enhance its product offerings and improve pricing competitiveness. Factors contributing to its earnings include the demand for safety and efficiency in industrial operations, the growth of the oil and gas sector, and ongoing investments in infrastructure that require robust lifting and rigging solutions.

Mooreast Holdings Ltd. Financial Statement Overview

Summary

Income statement momentum improved in 2025 with a return to solid profitability and stronger margins (Income Statement Score: 68), but durability is a concern given prior-year losses and volatility. The balance sheet is the key drag due to sustained high leverage (Balance Sheet Score: 42). Cash flow turned positive in 2025, but free cash flow remains inconsistent and did not fully track earnings strength (Cash Flow Score: 55).

Income Statement

Profitability has improved materially, with 2025 returning to solid positive earnings (net margin ~9.5%) and stronger operating profitability versus the prior two years. Revenue rebounded strongly in 2025 after a 2024 decline, indicating improving demand/execution. Offsetting this, results have been volatile over the cycle (losses in 2021, 2023, and 2024), which lowers confidence in durability despite the 2025 step-up.

Balance Sheet

Leverage is elevated: debt-to-equity is consistently around ~1.8–2.1 in 2021–2025 and total debt increased in 2025, which can constrain flexibility in a cyclical industry. Equity is positive and 2025 returns on equity improved (about 16%), but prior years’ negative returns highlight that the capital structure is carrying meaningful risk if profitability softens.

Cash Flow

Cash generation improved in 2025 with positive operating and free cash flow, but free cash flow declined sharply year-over-year (down ~41%), suggesting higher investment or working-capital drag. Over the history shown, free cash flow has been inconsistent (including negative years), and in 2025 free cash flow covered only about half of net income, indicating earnings quality is improving but not yet consistently translating into cash.

Breakdown	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	38.33M	25.07M	28.71M	27.84M	14.20M
Gross Profit	17.18M	9.97M	10.46M	10.86M	6.01M
EBITDA	9.32M	3.31M	3.81M	7.04M	1.37M
Net Income	3.65M	-2.31M	-1.85M	1.37M	-2.30M
Balance Sheet
Total Assets	70.69M	71.30M	71.84M	74.87M	76.17M
Cash, Cash Equivalents and Short-Term Investments	18.20M	16.17M	16.41M	18.97M	20.24M
Total Debt	48.39M	39.77M	40.63M	41.94M	43.30M
Total Liabilities	48.11M	52.19M	50.48M	51.64M	54.38M
Stockholders Equity	22.58M	19.11M	21.36M	23.23M	21.79M
Cash Flow
Free Cash Flow	4.19M	1.64M	-374.63K	1.66M	-13.50M
Operating Cash Flow	7.93M	2.94M	644.05K	4.28M	7.92M
Investing Cash Flow	25.00K	409.00K	234.33K	-352.42K	-21.03M
Financing Cash Flow	-2.57M	-3.46M	-3.54M	-5.17M	30.00M

Mooreast Holdings Ltd. Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 0.15
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For SG:1V3, the sentiment is Positive. The current price of 0.15 is above the 20-day moving average (MA) of 0.14, above the 50-day MA of 0.14, and above the 200-day MA of 0.13, indicating a bullish trend. The MACD of <0.01 indicates Negative momentum. The RSI at 53.97 is Neutral, neither overbought nor oversold. The STOCH value of 100.00 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for SG:1V3.

Mooreast Holdings Ltd. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
BTM	67 Neutral	S$391.90M	11.05	18.36%	3.78%	94.33%	130.43%
Sector *	63 Neutral	$10.79B	15.43	7.44%	2.01%	2.89%	-14.66%
5UL	63 Neutral	S$66.49M	8.09	5.32%	348.53%	-86.29%	20.88%
BEZ	63 Neutral	S$79.42M	14.56	28.37%	2.11%	-4.17%	-54.26%
A04	61 Neutral	S$344.73M	11.20	―	0.78%	―	―
1V3	57 Neutral	S$34.97M	9.57	11.84%	―	30.68%	―

Mooreast Holdings Ltd. Corporate Events

Mooreast Teams Up with Sime Darby Unit to Target Offshore Renewables in Malaysia

Mooreast Holdings has signed a non-binding term sheet with Sime Darby Joy Industries, a subsidiary of Sime Darby Berhad, to jointly explore and develop offshore-related business opportunities in Malaysia, particularly in offshore renewable energy and deep-sea equipment. Under the proposed collaboration, Mooreast will contribute technical support, engineering expertise, and key materials, while Sime Darby Joy will pilot local fabrication and production, positioning both parties to tap rising regional demand for reliable engineering and manufacturing for floating renewable projects and potentially expanding Mooreast’s footprint in Malaysia’s evolving clean energy supply chain.

The most recent analyst rating on (SG:1V3) stock is a Hold with a S$0.12 price target. To see the full list of analyst forecasts on Mooreast Holdings Ltd. stock, see the SG:1V3 Stock Forecast page.

Mooreast Strikes Norway Partnership to Target Floating Offshore Wind and O&G in North Sea

Mooreast Holdings has signed a Memorandum of Understanding with Norway-based GMC Holdings to jointly pursue floating offshore wind and oil and gas opportunities in Norway and the broader North Sea, combining Mooreast’s mooring and anchoring expertise with GMC’s long-standing local industrial, maritime and offshore services capabilities. The partnership underscores Mooreast’s push into the European market and positions the Group to benefit from Norway’s accelerating offshore wind ambitions, including its stated plan to allocate 30 GW of capacity by 2040 and the launch of its first floating wind tender at Utsira Nord, potentially expanding Mooreast’s project pipeline and strengthening its role in the global transition toward offshore renewables while preserving exposure to traditional offshore energy projects.

The most recent analyst rating on (SG:1V3) stock is a Hold with a S$0.12 price target. To see the full list of analyst forecasts on Mooreast Holdings Ltd. stock, see the SG:1V3 Stock Forecast page.

Mooreast Clarifies New Director Alvin Chew’s Role at Yangzijiang Unit

Mooreast Holdings Ltd. has clarified details regarding the recent appointment of Mr Alvin Chew as a Non-Executive Non-Independent Director, following a press release issued on 17 December 2025. The Board stated that Chew currently serves as Managing Director and Head of Direct Investments at YZJ Asset Management Pte Ltd, a wholly owned subsidiary of Yangzijiang Financial Holding Ltd, indicating that Mooreast is bringing onto its board a representative with direct ties to a significant financial group, which may influence the company’s governance dynamics and investor perceptions.

The most recent analyst rating on (SG:1V3) stock is a Hold with a S$0.12 price target. To see the full list of analyst forecasts on Mooreast Holdings Ltd. stock, see the SG:1V3 Stock Forecast page.

Mooreast Holdings Announces Board Reshuffle Effective 2026

Mooreast Holdings Ltd. announced changes to its Board of Directors, appointing Mr. Alvin Chew Lee Guan as Non-Executive and Non-Independent Director effective 1 January 2026. This reshuffling aligns with the company’s strategic governance updates, potentially reinforcing its leadership structure and operational oversight, with implications for stakeholder confidence and regulatory compliance.

The most recent analyst rating on (SG:1V3) stock is a Hold with a S$0.12 price target. To see the full list of analyst forecasts on Mooreast Holdings Ltd. stock, see the SG:1V3 Stock Forecast page.