Fistein
10-23

$Seatrium Ltd(5E2.SI)$ $3 Target Price

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

💰 Stocks to watch today?(25 Oct)
1. What news/movements are worth noting in the market today? Any stocks to watch? 2. What trading opportunities are there? Do you have any plans? 🎁 Make a post here, everyone stands a chance to win Tiger coins!
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

  • YueShan
    10-24
    YueShan
    Good ⭐️⭐️⭐️
Leave a comment
1
1