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Nordic Group Limited (SG:MR7)
:MR7
Singapore Market

Nordic Group Limited (MR7) AI Stock Analysis

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Nordic Group Limited

(SGX:MR7)

Rating:75Outperform
Price Target:
S$0.50
▲(47.06%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 (MR7) vs. iShares MSCI Singapore ETF (EWS)

Nordic Group Limited Business Overview & Revenue Model

Company DescriptionNordic 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 MoneyNordic 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
TTMDec 2024Dec 2023Dec 2022Dec 2021Dec 2020
Income StatementTotal Revenue
183.01M158.39M160.64M162.76M103.06M80.79M
Gross Profit
39.09M36.67M36.41M45.75M27.80M17.96M
EBIT
20.07M20.19M19.09M23.10M15.21M7.30M
EBITDA
21.37M29.88M28.31M30.49M19.23M12.62M
Net Income Common Stockholders
17.34M17.51M15.98M20.67M13.88M5.48M
Balance SheetCash, Cash Equivalents and Short-Term Investments
73.74M44.91M73.74M53.03M75.34M57.51M
Total Assets
265.58M234.81M265.58M237.81M192.27M168.05M
Total Debt
102.12M65.53M102.12M77.98M63.65M49.56M
Net Debt
28.38M22.09M28.38M24.95M-11.69M-7.95M
Total Liabilities
148.11M105.00M148.11M127.79M94.63M79.21M
Stockholders Equity
117.47M129.80M117.47M110.02M97.64M88.84M
Cash FlowFree Cash Flow
24.89M13.98M10.18M34.12M9.20M17.10M
Operating Cash Flow
26.75M15.98M11.29M35.00M9.92M17.97M
Investing Cash Flow
-10.85M-4.39M-5.20M-52.54M-575.00K-623.00K
Financing Cash Flow
-6.68M-43.64M14.96M-4.46M8.07M-2.46M

Nordic Group Limited Technical Analysis

Technical Analysis Sentiment
Positive
Last Price0.34
Price Trends
50DMA
0.33
Positive
100DMA
0.33
Positive
200DMA
0.33
Positive
Market Momentum
MACD
<0.01
Positive
RSI
57.41
Neutral
STOCH
66.67
Neutral
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 0.34 is above the 20-day moving average (MA) of 0.34, above the 50-day MA of 0.33, and above the 200-day MA of 0.33, indicating a bullish trend. The MACD of <0.01 indicates Positive momentum. The RSI at 57.41 is Neutral, neither overbought nor oversold. The STOCH value of 66.67 is Neutral, 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

Overall Rating
UnderperformOutperform
Sector (66)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
SGMR7
75
Outperform
S$131.83M7.7614.17%5.29%-1.41%9.50%
SGBQM
71
Outperform
S$135.86M6.966.28%1.02%1.01%1.33%
66
Neutral
$4.52B12.345.41%3.62%4.15%-12.18%
SGI07
61
Neutral
S$139.06M16.234.17%0.90%8.98%70.54%
SGC06
50
Neutral
S$35.68M20.002.33%6.96%-16.22%
* Industrials Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
SG:MR7
Nordic Group Limited
0.34
0.06
21.43%
SG:BQM
Tiong Woon Corporation Holding Ltd
0.58
0.08
16.00%
SG:C06
CSC Holdings Limited
0.01
0.00
0.00%
SG:I07
ISDN Holdings Limited
0.31
<0.01
2.65%

Nordic Group Limited Corporate Events

Nordic Group Limited’s 2025 Annual General Meeting Highlights
May 28, 2025

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
Apr 24, 2025

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.

Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.