Mooreast Holdings Ltd. (1V3) AI Stock Analysis

• Market Cap: S$33.15M
• Dividend Yield: N/A
• Average Volume (3M): 14.21K
• Price to Earnings (P/E): 13.2
• Beta (1Y): -1.57
• Revenue Growth: 30.68%
• EPS Growth: N/A
• Country: SG
• Employees: 109
• Sector: Industrials
• Sector Strength: 72
• Industry: Aerospace & Defense
• EPS (TTM): 0.01
• Shares Outstanding: 259,000,000
• 10 Day Avg. Volume: 18,280
• 30 Day Avg. Volume: 14,206
• PEG Ratio: -0.49
• Price to Book (P/B): 1.49
• Price to Sales (P/S): 1.14
• P/FCF Ratio: 17.36
• 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: Hold
• Number of Analyst Covering: 1

• Rating: 59 Neutral
• Price Target: S$0.00 ▼(-100.00% Downside)

The overall stock score of 59 reflects significant challenges in financial performance, particularly in profitability and leverage. Technical analysis shows mixed signals with some bearish momentum, while valuation appears moderate. The absence of earnings call insights and corporate events limits additional context for the stock's outlook.

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 primarily through the sale and installation of mooring systems for offshore renewable energy projects. Key revenue streams include the design and engineering services for customized mooring solutions, as well as the manufacturing and supply of mooring components. The company also profits from long-term service agreements for maintenance and support of installed systems. Significant partnerships with renewable energy developers and operators play a crucial role in driving project-based revenue, as Mooreast Holdings leverages its expertise and technology in collaborative projects.

Mooreast Holdings Ltd. Financial Statement Overview

Summary

Mooreast Holdings Ltd. faces challenges in profitability, reflected in negative net profit and EBIT margins. While there are strengths in cash generation from operations, high leverage and negative equity growth pose risks. Stability in gross margins provides some consistency, but overall, the financial health is mixed with concerns over debt levels and operational profitability.

Income Statement

The company has shown fluctuations in revenue over the years, with a decline in the most recent period. Gross profit margins remained relatively stable, but net profit margin is negative, indicating ongoing losses. The EBIT margin is also negative, pointing to operational challenges. EBITDA margin is positive but has decreased, suggesting reduced efficiency in operations.

Balance Sheet

The debt-to-equity ratio is high, indicating significant leverage. Stockholders' equity has decreased, impacting the equity ratio negatively. Despite this, past positive ROE indicates some ability to generate returns on equity, but negative net income in recent periods has affected this metric adversely.

Cash Flow

The cash flow analysis shows a positive operating cash flow but a volatile free cash flow due to fluctuating capital expenditures. The free cash flow to net income ratio is problematic due to negative net income, but positive operating cash flow suggests some ability to generate cash from core operations.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	36.58M	25.07M	28.71M	27.84M	14.20M	19.68M
Gross Profit	15.79M	9.97M	10.46M	10.86M	6.01M	7.78M
EBITDA	7.32M	3.31M	3.81M	7.04M	1.37M	6.60M
Net Income	2.52M	-2.31M	-1.85M	1.37M	-2.30M	3.79M
Balance Sheet
Total Assets	76.95M	71.30M	71.84M	74.87M	76.17M	34.04M
Cash, Cash Equivalents and Short-Term Investments	20.17M	16.17M	16.41M	18.97M	20.24M	3.34M
Total Debt	38.11M	39.77M	40.63M	41.94M	43.30M	1.87M
Total Liabilities	54.48M	52.19M	50.48M	51.64M	54.38M	8.45M
Stockholders Equity	22.47M	19.11M	21.36M	23.23M	21.79M	25.59M
Cash Flow
Free Cash Flow	7.13M	1.64M	-374.63K	1.66M	-13.50M	114.19K
Operating Cash Flow	8.24M	2.94M	644.05K	4.28M	7.92M	631.34K
Investing Cash Flow	-2.42M	409.00K	234.33K	-352.42K	-21.03M	586.17K
Financing Cash Flow	-2.77M	-3.46M	-3.54M	-5.17M	30.00M	-2.19M

Mooreast Holdings Ltd. Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 0.13
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For SG:1V3, the sentiment is Negative. The current price of 0.13 is below the 20-day moving average (MA) of 0.14, below the 50-day MA of 0.14, and above the 200-day MA of 0.12, indicating a neutral trend. The MACD of >-0.01 indicates Positive momentum. The RSI at 40.54 is Neutral, neither overbought nor oversold. The STOCH value of 11.11 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for SG:1V3.

Mooreast Holdings Ltd. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
5UL	79 Outperform	S$49.21M	1.03	5.32%	279.27%	-86.29%	20.88%
BTM	70 Outperform	€277.41M	6.99	18.36%	3.84%	94.33%	130.43%
Sector *	63 Neutral	$10.79B	15.43	7.44%	2.01%	2.89%	-14.66%
1V3	59 Neutral	S$33.15M	13.20	11.84%	―	30.68%	―
A04	55 Neutral	S$216.10M	38.89	4.42%	―	-9.28%	-86.86%

Mooreast Holdings Ltd. Corporate Events

Mooreast Strengthens Offshore Capabilities with Strategic Partnerships

Mooreast Holdings Ltd. has partnered with Norway’s GeoProvider AS to enhance its offshore data analysis capabilities, aiming to support larger and more complex projects in the floating offshore renewable energy market. This partnership, along with a Memorandum of Understanding with South Korea’s KOCECO, positions Mooreast to strengthen its global presence and address supply chain gaps in North Asia’s rapidly developing floating offshore wind market.