$Seatrium Ltd(5E2.SI)$
Seatrium (SGX:5E2)
Overview: Seatrium Limited offers engineering solutions to the offshore, marine, and energy industries with a market capitalization of SGD7.13 billion.
Operations: The company's revenue primarily stems from its Rigs & Floaters, Repairs & Upgrades, Offshore Platforms, and Specialised Shipbuilding segment, which generated SGD8.39 billion, complemented by a smaller contribution of SGD24.71 million from Ship Chartering.
Estimated Discount To Fair Value: 32%
Seatrium Limited appears undervalued based on cash flows, trading 32% below its fair value estimate of S$3.09. Recent earnings show a significant turnaround with net income of S$35.97 million compared to a loss last year, supported by strong sales growth to S$4.01 billion. Despite low forecasted return on equity, Seatrium's revenue is expected to grow faster than the Singapore market, and analysts anticipate a 25.4% price rise, highlighting potential for value appreciation.
SGX:5E2 Discounted Cash Flow as at Oct 2024
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Check one of the most undervalued SG Stock -Seatrium. $Seatrium Ltd(5E2.SI)$