Want to see SG:DU4 full AI Analyst Report?
DU4 Stock Chart & Stats
S$0.09
<S$0.01(0.89%)
At close: 4:00 PM EDT
S$0.09
<S$0.01(0.89%)
Day’s Range― - ―
52-Week RangeS$0.07 - S$0.14
Previous CloseN/A
Volume92.90K
Average Volume (3M)151.66K
Market Cap
S$145.59M
Enterprise ValueS$217.90M
Total Cash (Recent Filing)S$66.48M
Total Debt (Recent Filing)S$92.72M
Price to Earnings (P/E)7.1
Beta1.01
Next Earnings
Nov 12, 2026EPS EstimateN/A
Next Dividend Ex-DateN/A
Dividend Yield1.61%
Share Statistics
EPS (TTM)<0.01
Shares Outstanding1,890,743,200
10 Day Avg. Volume150,110
30 Day Avg. Volume151,656
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
Profitability TurnaroundThe sustained move from losses in 2021–2022 to higher TTM profitability indicates a meaningful operating turnaround. Although margins remain moderate, improved earnings provide a stronger base for reinvestment, debt service, and resilience across the next several quarters.
Strong Cash GenerationStrong current operating and free cash flow shows that recent profits are translating into liquidity rather than remaining purely accounting gains. This supports internal funding of operations, improves financial flexibility, and can help the company manage uneven offshore project cash cycles.
Manageable LeverageModerate and improving leverage gives Mermaid greater balance-sheet flexibility than its 2024 position. A sizeable equity base relative to debt reduces financial strain and leaves more capacity to absorb operating volatility or support vessel and service investment.
Bears Say
Revenue ContractionShrinking revenue indicates weaker activity or contract contribution across the offshore services business, which can limit scale benefits and reduce the platform available for earnings growth. Continued top-line pressure would make the recent profitability improvement harder to sustain.
Thin Operating MarginsLow gross and operating margins leave limited room for cost increases, project underperformance, or weaker vessel utilization before earnings are affected. This makes profitability less durable and increases dependence on maintaining contract execution and revenue levels.
Volatile Cash ConversionThe sharp improvement in current free cash flow is encouraging, but prior negative periods show that cash generation can be uneven. Dependence on project timing and working capital may create recurring liquidity swings and make internally funded growth less predictable.
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$0.07 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$145.59M.
When is Mermaid Maritime Public Co., Ltd.’s upcoming earnings report date?
Mermaid Maritime Public Co., Ltd.’s upcoming earnings report date is Nov 12, 2026 which is in 19 days.
How were Mermaid Maritime Public Co., Ltd.’s earnings last quarter?
Mermaid Maritime Public Co., Ltd. released its earnings results on Aug 11, 2026. The company reported -S$0.003 earnings per share for the quarter.
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 Notavailable dividend of S$0.001 which represents an annual dividend yield of 1.61%. 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$0.003 in its last earnings report. Following the earnings report the stock price went down -3.846%.
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
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
Seatrium Limited
―
Beng Kuang Marine Ltd.
―
CH Offshore Ltd.
―
Sinostar PEC Holdings Limited
―
Nam Cheong Limited
―