ASL Marine Holdings Ltd. (SG:A04)
SGX:A04
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A04 Stock Chart & Stats
S$0.29
>-S$0.01(-1.56%)
At close: 4:00 PM EST
S$0.29
>-S$0.01(-1.56%)
Day’s Range― - ―
52-Week RangeS$0.06 - S$0.41
Previous CloseN/A
Volume749.90K
Average Volume (3M)6.53M
Market Cap
S$349.87M
Enterprise ValueS$473.78M
Total Cash (Recent Filing)S$22.84M
Total Debt (Recent Filing)S$190.68M
Price to Earnings (P/E)23.2
Beta0.63
Next Earnings
Aug 28, 2026EPS EstimateN/A
Next Dividend Ex-DateN/A
Dividend Yield0.78%
Share Statistics
EPS (TTM)0.02
Shares Outstanding1,031,544,600
10 Day Avg. Volume7,614,240
30 Day Avg. Volume6,527,933
Financial Highlights & Ratios
PEG Ratio0.03
Price to Book (P/B)0.53
Price to Sales (P/S)0.17
P/FCF Ratio2.70
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
S$0.44Price Target Upside51.72% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering2
EPS Forecast (FY)0.03
Revenue Forecast (FY)S$378.90M
Bulls Say, Bears Say
Bulls Say
Consistent Cash GenerationASL Marine reports consistently positive operating cash flow and year-by-year positive free cash flow, which is a durable strength. Reliable cash generation supports working capital, funds reinvestment into yards, services, and charter assets, and provides a base for deleveraging or dividends even through cyclical industry swings.
Profitability RecoveryThe company has moved from loss-making to sustained positive margins, with gross margin improving to about 17% in 2025. This indicates structural operational improvements—better cost control, pricing, or mix—supporting lasting earnings capacity, higher returns on equity, and increased resilience to sector cyclicality.
Diversified Service Mix & Geographic FootprintA three-segment business model (building, repair/conversion, chartering) and facilities in Singapore, Indonesia and China provide diversified, complementary revenue streams. This mix smooths cyclicality—repair and chartering produce recurring cash while shipbuilding captures larger project upsides—enhancing long-term resilience.
Bears Say
Elevated LeverageLeverage near 1.7x debt-to-equity leaves the company with above-average capital structure risk. High debt levels increase interest expense and limit strategic flexibility—constraining capacity to invest in yards or take on longer-cycle contracts—and make performance vulnerable to rate shifts or weaker cash conversion.
Inconsistent Revenue GrowthTop-line volatility—periods of decline and uneven growth—indicates revenue depends on lumpy project deliveries and cyclical end markets. That inconsistency complicates capacity planning, makes earnings less predictable, and can strain margins during slower cycles, limiting the sustainability of recent profitability gains.
Cooling Free Cash Flow MomentumAlthough FCF remained positive, growth reversed after 2023, signaling rising capex, working-capital absorption, or softer billings. Slowing FCF momentum reduces the pace of deleveraging and reinvestment, and raises uncertainty about sustaining dividends or funding expansion without heavier reliance on external financing.
ASL Marine Holdings Ltd. News
A04 FAQ
What was ASL Marine Holdings Ltd.’s price range in the past 12 months?
ASL Marine Holdings Ltd. lowest share price was S$0.06 and its highest was S$0.41 in the past 12 months.
What is ASL Marine Holdings Ltd.’s market cap?
ASL Marine Holdings Ltd.’s market cap is S$349.87M.
When is ASL Marine Holdings Ltd.’s upcoming earnings report date?
ASL Marine Holdings Ltd.’s upcoming earnings report date is Aug 28, 2026 which is in 90 days.
How were ASL Marine Holdings Ltd.’s earnings last quarter?
ASL Marine Holdings Ltd. released its earnings results on Feb 12, 2026. The company reported S$0.017 earnings per share for the quarter, beating the consensus estimate of N/A by S$0.017.
Is ASL Marine Holdings Ltd. overvalued?
According to Wall Street analysts ASL Marine Holdings Ltd.’s price is currently Undervalued.
Does ASL Marine Holdings Ltd. pay dividends?
ASL Marine Holdings Ltd. pays a Annually dividend of S$0.002 which represents an annual dividend yield of 0.78%. See more information on ASL Marine Holdings Ltd. dividends here
What is ASL Marine Holdings Ltd.’s EPS estimate?
ASL Marine Holdings Ltd.’s EPS estimate for its next earnings report is not yet available.
How many shares outstanding does ASL Marine Holdings Ltd. have?
ASL Marine Holdings Ltd. has 1,031,544,600 shares outstanding.
What happened to ASL Marine Holdings Ltd.’s price movement after its last earnings report?
ASL Marine Holdings Ltd. reported an EPS of S$0.017 in its last earnings report, beating expectations of N/A. Following the earnings report the stock price went same 0%.
Which hedge fund is a major shareholder of ASL Marine Holdings Ltd.?
Currently, no hedge funds are holding shares in SG:A04
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
ASL Marine Holdings Ltd. Stock Smart Score
Outperform
1
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10
Analyst Consensus
Moderate Buy
Average Price Target:
S$0.44 (51.72% Upside)
S$0.44 (51.72% Upside)
Insider Transactions
Bought Shares
Worth S$29.5K over
the Last 3 Months
the Last 3 Months
Technicals
SMA
Positive
20 days / 200 days
Momentum
262.06%
12-Months-Change
Fundamentals
Return on Equity
12.68%
Trailing 12-Months
Asset Growth
-8.31%
Trailing 12-Months
Company Description
ASL Marine Holdings Ltd.
ASL Marine Holdings Ltd., an investment holding company, provides marine services in the Singapore, Indonesia, Rest of Asia, Europe, Australia, and internationally. The company operates through Shipbuilding; Shiprepair, Conversion, and Engineering; and Shipchartering segments. It constructs vessels, such as offshore support vessels, dredgers, tugs, barges, and tankers; and provides ship repair and conversion services, including retrofitting and conversion, steel renewal, blasting and painting, electrical and electronic works, and mechanical works for the repair and life extension of various types of vessels. The company also owns, operates, and charters a fleet of vessels consisting of tugs, cargo barges, crane barges, split hopper barges, workboats, grab dredgers, landing crafts, tankers, anchor handling tugs, and anchor handling towing/supply vessels for marine contractors in the marine infrastructure and construction, cargoes and equipment transportation, and land reclamation industries; and provides transportation services. In addition, it offers cutting systems, pumping systems, dragheads, dredge line components, and other components, as well as dredge automation products; and market research and public opinion polling services. Further, the company engages in the provision of agency, handling, and consultancy services; and leasing of intellectual property. ASL Marine Holdings Ltd. owns and operates shipyards in Singapore and Indonesia. As of June 30, 2022, it had a fleet of 229 vessels. ASL Marine Holdings Ltd. was founded in 1974 and is based in Singapore.
A04 Stock 12 Month Forecast
Average Price Target
S$0.44
▲(51.72% Upside)
Technical Analysis
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Options Prices
Currently, No data available
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