Mermaid Maritime Public Co., Ltd. (SG:DU4)
SGX:DU4
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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$0.10 - S$0.14
Previous CloseN/A
Volume1.56M
Average Volume (3M)1.12M
Market Cap
S$190.97M
Enterprise ValueS$193.01M
Total Cash (Recent Filing)S$69.68M
Total Debt (Recent Filing)S$98.27M
Price to Earnings (P/E)12.1
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 moved from losses to consistent net income across 2023–2026 TTM, establishing a profit base. Sustained profitability improves internal funding capacity, supports creditor and supplier confidence, and provides a firmer platform for gradual growth or strategic investments over the next several quarters.
Moderate, Improving LeverageLeverage has declined to a moderate ~0.44 D/E in 2025–2026 TTM from higher levels, indicating improved balance-sheet resilience. Lower leverage reduces interest burden and financial stress, increasing flexibility to fund capex, pursue contracts, or absorb sector volatility without immediate refinancing pressure.
Improving Cash GenerationOperating and free cash flow turned positive with notable FCF growth in 2026 TTM, showing the business is beginning to convert profits into cash. Stronger cash generation supports debt reduction, selective reinvestment or shareholder distributions and reduces dependence on external funding.
Bears Say
Declining RevenueRevenue has moved into negative territory, with a large recent decline shown in fundamentals. Sustained top-line weakness undermines operating leverage, constrains margin recovery and limits the company’s ability to grow earnings over the medium term unless new contracts or market share gains materialize.
Margin CompressionMargins have compressed materially over recent years, reducing cash retained per revenue dollar. Persistent margin pressure implies lower profitability even if revenue stabilizes, making it harder to fund reinvestment, absorb cost shocks, or generate attractive returns without structural cost or pricing improvements.
Inconsistent Cash-flow QualityAlthough FCF improved recently, the history of negative FCF and FCF materially below net income indicates cash conversion inconsistency. This elevates execution risk for capex, dividends and debt servicing and requires monitoring of cash quality rather than relying solely on accounting profits.
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$0.10 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$190.97M.
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 67 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. does not currently pay dividends.
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
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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, together with its subsidiaries, operates as a subsea and offshore services company in Thailand, Qatar, the United Arab Emirates, the United Kingdom, and Saudi Arabia. The company offers various subsea services, including inspection, repair and maintenance, infrastructure installation support, remotely operated vehicle support, and cable and flexible pipe laying services. It is also involved in the operation of subsea vessels; diving/remotely operated vehicle; provision of submarine products installation services, such as installation engineering, cable transportation, surveys, cable installation with accessories, shore and platform cable pull ins, as well as inspection, repair, and maintenance of subsea cables; and offshore construction support, offshore survey, surface and subsea positioning, equipment and software, and personnel services. The company serves offshore oil and gas industries. The company was incorporated in 1983 and is headquartered in Bangkok, Thailand. Mermaid Maritime Public Company Limited operates as a subsidiary of Thoresen Thai Agencies Public Company Limited.
Technical Analysis
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Options Prices
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