Nordic Group Limited (MR7) AI Stock Analysis

• Market Cap: S$135.71M
• Dividend Yield: 5.13%
• Average Volume (3M): 36.17K
• Price to Earnings (P/E): 8.0
• Beta (1Y): 0.32
• Revenue Growth: -1.41%
• EPS Growth: 9.50%
• Country: SG
• Employees: N/A
• Sector: Industrials
• Sector Strength: 86
• Industry: Engineering & Construction
• EPS (TTM): 0.04
• Shares Outstanding: 400,000,000
• 10 Day Avg. Volume: 72,810
• 30 Day Avg. Volume: 36,166
• PEG Ratio: -0.32
• Price to Book (P/B): 1.12
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 5.53
• 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

• Rating: 75 Outperform
• Price Target: S$0.50 ▲(42.86%Upside)

Nordic Group Limited's overall stock score of 75 reflects strong financial health with consistent profitability and effective cash flow management as the most significant factors. Technical indicators support a slightly bullish outlook, complemented by an attractive valuation with a low P/E ratio and high dividend yield. The lack of recent earnings call data or corporate events keeps the focus primarily on fundamental and technical aspects.

Nordic Group Limited Business Overview & Revenue Model

Company Description

Nordic Group Limited (MR7) is a diversified company operating primarily in the engineering and construction sectors. The company specializes in providing integrated solutions in the areas of precision engineering, system integration, and maintenance services. Nordic Group serves a broad range of industries, including oil and gas, petrochemical, and marine, offering a variety of tailored services and products designed to meet the specific needs of its clients.

How the Company Makes Money

Nordic Group Limited primarily generates revenue through its engineering and construction services. The company secures contracts from various industrial sectors to deliver projects that require precision engineering, system integration, and maintenance. Key revenue streams include project-based contracts, long-term maintenance agreements, and the sale of specialized engineering products. Additionally, partnerships with major players in the oil and gas, petrochemical, and marine industries play a significant role in securing consistent business, contributing to the company’s earnings. The diversity of its offerings allows Nordic Group to maintain a steady revenue flow by catering to multiple sectors and capitalizing on its expertise in engineering solutions.

Nordic Group Limited Financial Statement Overview

Summary

Income Statement

Balance Sheet

Cash Flow

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	183.01M	158.39M	160.64M	162.76M	103.06M	80.79M
Gross Profit	39.09M	36.67M	36.41M	45.75M	27.80M	17.96M
EBITDA	21.37M	29.88M	28.31M	30.49M	19.23M	12.62M
Net Income	17.34M	17.51M	15.98M	20.67M	13.88M	5.48M
Balance Sheet
Total Assets	265.58M	234.81M	265.58M	237.81M	192.27M	168.05M
Cash, Cash Equivalents and Short-Term Investments	73.74M	44.91M	73.74M	53.03M	75.34M	57.51M
Total Debt	102.12M	65.53M	102.12M	77.98M	63.65M	49.56M
Total Liabilities	148.11M	105.00M	148.11M	127.79M	94.63M	79.21M
Stockholders Equity	117.47M	129.80M	117.47M	110.02M	97.64M	88.84M
Cash Flow
Free Cash Flow	24.89M	13.98M	10.18M	34.12M	9.20M	17.10M
Operating Cash Flow	26.75M	15.98M	11.29M	35.00M	9.92M	17.97M
Investing Cash Flow	-10.85M	-4.39M	-5.20M	-52.54M	-575.00K	-623.00K
Financing Cash Flow	-6.68M	-43.64M	14.96M	-4.46M	8.07M	-2.46M

Nordic Group Limited Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 0.35
• 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:MR7, the sentiment is Positive. The current price of 0.35 is above the 20-day moving average (MA) of 0.34, above the 50-day MA of 0.34, and above the 200-day MA of 0.34, indicating a bullish trend. The MACD of <0.01 indicates Negative momentum. The RSI at 64.96 is Neutral, neither overbought nor oversold. The STOCH value of 83.33 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for SG:MR7.

Nordic Group Limited Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
BQM	76 Outperform	S$161.40M	8.26	6.28%	0.86%	1.01%	1.33%
MR7	75 Outperform	S$135.71M	7.99	14.17%	5.13%	-1.41%	9.50%
Sector *	68 Neutral	$2.54B	13.45	7.40%	4.63%	-0.87%	8.24%
I07	66 Neutral	€139.06M	16.23	4.17%	1.52%	8.98%	70.54%
C06	50 Neutral	S$39.25M	20.00	2.33%	―	6.96%	-16.22%

Nordic Group Limited Corporate Events

Nordic Group Limited’s 2025 Annual General Meeting Highlights

Nordic Group Limited held its Annual General Meeting on April 29, 2025, at the Singapore Recreation Club. The meeting was chaired by Executive Director Ms. Teo Ling Ling, with a presentation on the company’s performance for the financial year ending December 31, 2024, delivered by Ms. Chia Meng Ru. The meeting included introductions of the board members and the external auditors, and addressed questions submitted by shareholders in advance.

Nordic Group Clarifies International Strategy and Financial Performance

Nordic Group Limited is addressing shareholder inquiries about its international expansion and financial performance. The company has strategically established overseas offices to align with growth opportunities, primarily managing these through partnerships and agency agreements. Despite a noted discrepancy in reported margins, Nordic clarified that its project services segment has historically yielded higher margins compared to maintenance services, contributing to increased net profits in recent quarters.