Mermaid Maritime Public Co., Ltd. (SG:DU4)
SGX:DU4
Want to see SG:DU4 full AI Analyst Report?
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$0.09 - S$0.14
Previous CloseN/A
Volume1.56M
Average Volume (3M)1.12M
Market Cap
S$192.86M
Enterprise ValueS$193.01M
Total Cash (Recent Filing)S$69.68M
Total Debt (Recent Filing)S$98.27M
Price to Earnings (P/E)12.2
Beta0.91
Next Earnings
Aug 12, 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
Sustained ProfitabilityMermaid shifted from losses (2021–2022) to positive net income across 2023–2026 TTM. This durable recovery supports creditworthiness, underwriting of longer-term contracts, and reinvestment capacity; sustained profitability underpins operational continuity and strategic execution over 2–6 months and beyond.
Improving Cash GenerationPositive operating cash flow and free cash flow in 2025–2026 with strong FCF growth in 2026 TTM indicate improving cash conversion. Durable cash generation enhances flexibility to fund maintenance capex, service debt, and support dividends or strategic investments, reducing reliance on external financing.
Moderate, Improving LeverageLeverage has declined to a moderate ~0.44 D/E, down from ~0.60–0.62, while equity remains substantial. This structural improvement bolsters solvency and borrowing capacity, lowering refinancing risk and providing more room to withstand cyclical oil & gas service demand swings over the medium term.
Bears Say
Declining RevenueTop-line contraction (notably ~-19% recent growth and negative revenue in 2025–2026 TTM) weakens scale economies and pricing leverage. Persistent revenue decline can erode competitive position, reduce fixed-cost absorption, and make sustaining profitable operations and investment plans harder over the coming months.
Margin CompressionNet margins compressed materially from ~3.5% to ~1.5% over 2023–2026 TTM, signaling pressure on pricing or cost structure. Lower margins reduce free cash flow potential and ROI on projects, limiting reserve building and reinvestment capacity and leaving the business more vulnerable to demand shocks or cost inflation.
Cash Flow VolatilityWhile recent FCF improved, prior negative FCF (2023–2024) and FCF covering only a portion of net income in 2026 indicate volatile cash quality. Structural volatility in cash generation limits sustained investment, raises refinancing risk in downturns, and constrains long-term capital allocation decisions.
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$0.09 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$192.86M.
When is Mermaid Maritime Public Co., Ltd.’s upcoming earnings report date?
Mermaid Maritime Public Co., Ltd.’s upcoming earnings report date is Aug 12, 2026 which is in 60 days.
How were Mermaid Maritime Public Co., Ltd.’s earnings last quarter?
Mermaid Maritime Public Co., Ltd. released its earnings results on May 14, 2026. The company reported -S$0.002 earnings per share for the quarter, missing the consensus estimate of N/A by -S$0.002.
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. pays a N/A dividend of S$0.001 which represents an annual dividend yield of N/A. See more information on Mermaid Maritime Public Co., Ltd. dividends here
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$0.002 in its last earnings report, missing expectations of N/A. Following the earnings report the stock price went same 0%.
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
1
2
3
4
5
6
7
8
9
10
Technicals
SMA
Positive
20 days / 200 days
Momentum
-10.44%
12-Months-Change
Fundamentals
Return on Equity
5.70%
Trailing 12-Months
Asset Growth
-0.20%
Trailing 12-Months
Company Description
Mermaid Maritime Public Co., Ltd.
Mermaid Maritime Public Company Limited, with its subsidiaries, delivers specialized subsea and offshore services across Thailand, Qatar, the United Arab Emirates, the United Kingdom, and Saudi Arabia. The company's core subsea activities include inspection, repair, and maintenance, support for infrastructure installation, remotely operated vehicle (ROV) assistance, and the laying of cables and flexible pipes. Additionally, Mermaid Maritime operates subsea vessels, provides diving and ROV services, and offers comprehensive submarine product installation, encompassing engineering, cable transportation, surveys, actual cable placement with accessories, shore and platform pull-ins, and ongoing inspection, repair, and maintenance of these subsea cables. Further services extend to offshore construction support, detailed offshore surveys, precise surface and subsea positioning, provision of specialized equipment and software, and skilled personnel. These offerings primarily cater to the offshore oil and gas industries. Established in 1983 and headquartered in Bangkok, Thailand, Mermaid Maritime Public Company Limited operates as a subsidiary of Thoresen Thai Agencies Public Company Limited.
Technical Analysis
Interra Resources Ltd.
―
Mencast Holdings Ltd.
―
―
―
Sinostar PEC Holdings Limited
―
Options Prices
Currently, No data available
---