XSES1V3
Market cap20mUSD
Dec 13, Last price
0.11SGD
Name
Mooreast Holdings Ltd
Chart & Performance
P/E
—
P/S
0.99
EPS
—
Div Yield, %
0.00%
Shrs. gr., 5y
—
Rev. gr., 5y
13.91%
Revenues
29m
+3.12%
Net income
-2m
L
CFO
644k
-84.96%
Profile
Mooreast Holdings Ltd. provides mooring solutions in Singapore, Europe, the Asia Pacific, the Middle East, and Oceania. The company operates through Mooring, Rigging and Heavy Lifting, Marine Supplies and Services, Renewable Energy, and Yard segments. The Mooring segment engages in the provision of design, engineering, fabrication, supply and installation, and commissioning services for mooring systems to the offshore oil and gas (O&G) and marine industries. This segment also offers leasing services for mooring systems. The Rigging and Heavy Lifting segment offers rigging and heavy lifting equipment, including steel ropes, synthetic ropes, and chains to customers in the offshore O&G, marine, renewable energy, and construction industries. The Marine Supplies and Services segment provides mooring component products, such as synthetic ropes, shackles, chains, anchors, and deck equipment to the marine industry. The Renewable Energy segment is involved in the provision of design, engineering, fabrication, supply and installation, and commissioning services for mooring systems for floating wind projects, offshore solar photovoltaic projects, and tidal turbine projects. The Yard segment offers on-board fabrication, repairs, and testing of equipment for marine vessels. The company was incorporated in 2021 and is based in Singapore. Mooreast Holdings Ltd. is a subsidiary of Feng Tai Investment Pte. Ltd.
Valuation
Title SGD in thousands, except ratios and share amounts | FY | FY | FY | FY | FY | FY |
|---|---|---|---|---|---|---|
| 2023‑12 | 2022‑12 | 2021‑12 | 2020‑12 | 2019‑12 | 2018‑12 | |
| Income | ||||||
Revenues | 28,706 3.12% | 27,838 96.04% | 14,200 -27.84% | |||
Cost of revenue | 27,920 | 26,592 | 15,784 | |||
Unusual Expense (Income) | ||||||
NOPBT | 786 | 1,246 | (1,584) | |||
NOPBT Margin | 2.74% | 4.47% | ||||
Operating Taxes | 160 | 625 | 187 | |||
Tax Rate | 20.36% | 50.16% | ||||
NOPAT | 626 | 621 | (1,771) | |||
Net income | (1,847) -234.50% | 1,373 -159.81% | (2,296) -160.63% | |||
Dividends | ||||||
Dividend yield | ||||||
Proceeds from repurchase of equity | 13,547 | |||||
BB yield | -30.06% | |||||
| Debt | ||||||
Debt current | 2,171 | 1,944 | 1,885 | |||
Long-term debt | 48,511 | 50,841 | 52,806 | |||
Deferred revenue | ||||||
Other long-term liabilities | 2,195 | 2,095 | 2,000 | |||
Net debt | 34,275 | 31,255 | 29,255 | |||
| Cash flow | ||||||
Cash from operating activities | 644 | 4,282 | 7,918 | |||
CAPEX | (1,034) | (2,624) | (21,417) | |||
Cash from investing activities | 234 | (352) | (21,031) | |||
Cash from financing activities | (3,536) | (5,166) | 29,999 | |||
FCF | 253 | (3,264) | (25,148) | |||
| Balance | ||||||
Cash | 16,407 | 18,975 | 20,244 | |||
Long term investments | 2,555 | 5,192 | ||||
Excess cash | 14,971 | 20,138 | 24,727 | |||
Stockholders' equity | 21,359 | 32,281 | 30,908 | |||
Invested Capital | 49,214 | 46,062 | 42,009 | |||
ROIC | 1.31% | 1.41% | ||||
ROCE | 1.22% | 1.87% | ||||
| EV | ||||||
Common stock shares outstanding | 259,000 | 276,483 | 259,000 | |||
Price | 0.15 | 0.17 | ||||
Market cap | 38,850 | 45,066 | ||||
EV | 73,125 | 83,442 | ||||
EBITDA | 4,032 | 4,510 | 931 | |||
EV/EBITDA | 18.14 | 89.58 | ||||
Interest | 2,256 | 1,773 | 965 | |||
Interest/NOPBT | 287.00% | 142.32% | ||||