Marco Polo Marine Ltd. (5LY) AI Stock Analysis

• Market Cap: S$393.91M
• Dividend Yield: 0.95%
• Average Volume (3M): 26.85M
• Price to Earnings (P/E): 18.4
• Beta (1Y): 1.26
• Revenue Growth: -13.64%
• EPS Growth: -28.75%
• Country: SG
• Employees: 404
• Sector: Industrials
• Sector Strength: 72
• Industry: Marine Shipping
• EPS (TTM): N/A
• Shares Outstanding: 3,755,716,000
• 10 Day Avg. Volume: 29,558,069
• 30 Day Avg. Volume: 26,850,522
• PEG Ratio: -1.93
• Price to Book (P/B): 1.12
• Price to Sales (P/S): 1.67
• P/FCF Ratio: -8.54
• 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: S$0.08
• Price Target Upside: 0.00%
• Rating Consensus: Strong Buy
• Number of Analyst Covering: 3

• Rating: 71 Outperform
• Price Target: S$0.00 ▼(-100.00% Downside)

Marco Polo Marine Ltd. scores well due to strong technical indicators and stable financial performance, despite challenges in revenue growth and cash flow. The stock's valuation is fair, and the absence of earnings call data or corporate events does not impact the score.

Marco Polo Marine Ltd. Business Overview & Revenue Model

Company Description

Marco Polo Marine Ltd., an investment holding company, operates as an integrated marine logistic company primarily in Singapore, Indonesia, Australia, Myanmar, Taiwan, and Malaysia. The company operates through Ship Chartering Services; and Ship Building and Repair Services segments. It engages in chartering of offshore supply vessels, such as anchor handling tug supply vessels, as well as tugboats and barges for mining, commodities, construction, infrastructure, and land reclamation industries. The company is also involved in ship building business, as well as provision of ship maintenance, repair, outfitting, and conversion services. In addition, it engages in contract services and trading activities, management consultancy and marketing activities, and ship chartering services. The company was founded in 1991 and is based in Singapore.

How the Company Makes Money

Marco Polo Marine generates revenue through several key streams, primarily from the provision of marine logistics services, which includes the chartering of vessels to oil and gas companies and other maritime operators. The company also earns income from shipbuilding and repair services, where it constructs and maintains various types of vessels for its clients. Additionally, Marco Polo Marine engages in the sale of marine equipment and supplies, contributing to its earnings. Strategic partnerships with oil and gas firms and other maritime service providers enhance its market reach and stability, while favorable contracts and long-term charters help secure consistent revenue.

Marco Polo Marine Ltd. Financial Statement Overview

Summary

Marco Polo Marine Ltd. demonstrates strong profitability with a solid gross profit margin of 39.27% and a net profit margin of 17.57%. The balance sheet is stable with a low debt-to-equity ratio of 0.22. However, the company faces challenges with a decline in revenue growth and negative free cash flow, which could impact liquidity.

Income Statement

Marco Polo Marine Ltd. has shown a decrease in revenue growth rate by 24.55% in the latest period, indicating a contraction in sales. However, the company maintains a strong gross profit margin of 39.27% and a net profit margin of 17.57%, which suggests efficient cost management and profitability. The EBIT and EBITDA margins are also healthy at 22.14% and 32.17%, respectively, reflecting solid operational performance despite the revenue decline.

Balance Sheet

The company has a low debt-to-equity ratio of 0.22, indicating conservative leverage and financial stability. Return on equity stands at 11.82%, which is decent but shows a slight decline from previous years. The equity ratio is strong, suggesting a solid capital structure with a significant portion of assets financed by equity.

Cash Flow

The cash flow statement reveals a significant challenge with negative free cash flow, although there is a notable improvement in free cash flow growth. The operating cash flow to net income ratio is 0.71, indicating that operating cash flows are not fully covering net income, which could be a concern for liquidity. The negative free cash flow to net income ratio highlights potential cash flow management issues.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	114.65M	123.53M	127.13M	86.09M	46.11M	30.85M
Gross Profit	47.92M	48.52M	45.74M	27.48M	12.01M	4.43M
EBITDA	28.56M	39.74M	42.67M	32.19M	22.21M	-1.10M
Net Income	21.32M	21.70M	22.58M	21.34M	14.78M	-9.21M
Balance Sheet
Total Assets	287.16M	276.94M	229.08M	188.11M	139.58M	113.32M
Cash, Cash Equivalents and Short-Term Investments	45.62M	68.77M	63.10M	53.51M	20.35M	13.59M
Total Debt	34.62M	40.32M	8.54M	3.76M	4.47M	624.00K
Total Liabilities	77.42M	75.86M	45.19M	36.45M	24.70M	13.64M
Stockholders Equity	193.93M	183.63M	167.84M	138.88M	114.88M	99.68M
Cash Flow
Free Cash Flow	-32.95M	-24.17M	-4.27M	24.06M	6.60M	-2.90M
Operating Cash Flow	41.33M	37.63M	28.11M	28.66M	8.83M	4.06M
Investing Cash Flow	-62.33M	-55.98M	-22.82M	3.43M	-2.23M	-4.38M
Financing Cash Flow	15.00M	25.22M	6.05M	-755.00K	-322.00K	400.00K

Marco Polo Marine Ltd. Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 0.08
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Negative
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For SG:5LY, the sentiment is Positive. The current price of 0.08 is below the 20-day moving average (MA) of 0.09, below the 50-day MA of 0.08, and above the 200-day MA of 0.06, indicating a bullish trend. The MACD of <0.01 indicates Negative momentum. The RSI at 74.48 is Negative, neither overbought nor oversold. The STOCH value of 74.24 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for SG:5LY.

Marco Polo Marine Ltd. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
5UL	―	S$49.21M	1.03	5.32%	351.98%	-86.29%	20.88%
5LY	―	S$393.91M	18.42	11.57%	0.95%	-13.64%	-28.75%
A04	―	S$216.10M	14.19	―	―	―	―
Sector *	―	$10.79B	15.43	7.44%	2.01%	2.89%	-14.66%
F83	―	S$550.85M	47.31	1.18%	―	6.34%	160.00%

Marco Polo Marine Ltd. Corporate Events

Marco Polo Marine Expands Fleet with New AHTS Vessels

Marco Polo Marine Ltd. has announced the strategic expansion of its fleet with the addition of two new Anchor Handling Tug Supply (AHTS) vessels valued at approximately US$34 million. These vessels, expected to join the fleet in 2026, are designed to enhance the company’s capabilities in the offshore oil & gas and renewable energy sectors, particularly in Southeast Asia. This move aligns with the company’s diversification strategy and is expected to bolster its industry positioning.

Marco Polo Marine Secures S$100 Million in Ship Chartering Contracts

Marco Polo Marine Ltd. has secured ship chartering contracts worth approximately S$100 million, reflecting a robust order book that extends over the next three years. This development underscores the company’s strong market position and growth trajectory in the offshore oil & gas and renewable energy sectors, providing revenue visibility and confidence to investors.

Marco Polo Marine Partners with Salt Ship Design for Innovative CSOV Plus

Marco Polo Marine Ltd. has announced a collaboration with Salt Ship Design to construct a pioneering Commissioning Service Operation Vessel Plus (CSOV Plus) in Batam. This vessel, designed for exceptional versatility, marks a significant advancement in the offshore wind and subsea industries, potentially strengthening Marco Polo Marine’s market position and offering enhanced capabilities to stakeholders.

Marco Polo Marine’s Subsidiary PKRO Plans Taiwan Listing to Expand Wind Vessel Fleet

Marco Polo Marine Ltd. announced a strategic initiative to list its 49%-owned subsidiary, PKR Offshore Co. Ltd., in Taiwan by the third quarter of 2026. This move aims to raise capital for expanding PKRO’s fleet of specialized offshore wind vessels, enhancing the company’s presence in the renewable energy sector and accessing new capital markets.

Marco Polo Marine Secures Major Contracts Boosting Ship Repair Operations

Marco Polo Marine Ltd. has achieved a significant milestone by securing its first ship repair contract for its newly launched fourth dry dock, valued at approximately S$5 million. Additionally, the company has entered into a three-year master service agreement with Cyan Renewables for ship repairs and maintenance. These developments underscore the strong demand for Marco Polo Marine’s services and are expected to positively impact the company’s revenue and growth for the remainder of FY2025 and into FY2026.

Marco Polo Marine Announces Change in Joint Company Secretary

Marco Polo Marine Ltd., a company incorporated in Singapore, has announced a change in its joint company secretary. Ms. Lim Yoke Jing will take over as the new Joint Secretary, replacing Mr. Kwan Hon Kay @ Lawrence Kwan, who has resigned effective August 18, 2025. The company expressed its gratitude for Mr. Kwan’s contributions during his tenure.

Marco Polo Marine’s Strategic Deployment of First CSOV Boosts Growth Prospects

Marco Polo Marine Ltd. has successfully deployed its first Commissioning Service Operation Vessel (CSOV), which is expected to drive growth in the second half of FY2025 and beyond. Despite a decline in revenue due to lower shipyard operations and rechartering income, the company maintained stable ship repair earnings and improved its gross profit margin to 44%, signaling positive momentum for future operations.

Marco Polo Marine Ltd Strikes Off Dormant Joint Venture

Marco Polo Marine Ltd announced the striking off of M Renewables Co., Ltd, a dormant indirect joint venture in which it held a 49% stake, from the Companies Register of the Cayman Islands. This move is not expected to impact the company’s financial metrics, such as earnings per share or net tangible assets, for the fiscal year ending September 2025, and no directors or substantial shareholders have a direct or indirect interest in the transaction.