Obermatt

Seatrium

SES:5E2 · SGXE34184239
MachineryLarge

360

25
EV / EBIT47
Price / Owner Earnings66
Owner Earnings Yield72
Dividend Yield79
Price/Sales93
EV / Gross Profit28
Price/Book92
Return on Capital9
Cash Return on Capital41
Return on Equity18
EBIT Margin15
Gross Profitability1
Cash Conversion9
Accruals50
Owner Earnings Margin43
Sales growth9
Profit Growth66
Long-Term EPS Growth80
Owner Earnings Growth25
Reinvestment11
Price momentum27
Debt load27
Refinancing13
Debt Payback55
Liquidity25
Analyst ratings24
Opinion Changes50
Price Target Upside67
Market mood57
Value Creation12/20creating some value
  • Creates more value than its capital costs
  • Owner earnings growing
  • Owner earnings per share growing
  • Reinvests at strong returns
  • Solid earnings base

What this means

Seatrium clears its cost of capital, but the record is mixed across the five tests. Real value creation, just not yet consistent.

Profile

CountrySingapore
IndustryMachinery
SizeLarge
TypePublic Company
ExchangeSGX
Founded1963
Employees3,709
ISINSGXE34184239
Last UpdateApr 2, 2026
Themes
Power GridOnshore and Offshore WindCleanTechClean EnergyMarine TransportationEnergy

Description

Seatrium Limited is a prominent company engaged in providing innovative engineering solutions to the global offshore, marine, and energy industries. The company has established itself as a leader in the field, leveraging its extensive expertise and…

Analysis

Weak and unloved

Seatrium Limited is weak and unloved: below-average business metrics and a price that reflects that disappointment.

The price is attractive. You pay 13.6× its owner earnings: the cash an owner could take out each year, which is in the historically attractive zone. At today's price, the market is assuming roughly 1% yearly growth; analysts expect 27%. The price, in other words, assumes less than the experts do.

The trajectory is moderate and the balance sheet is adequate. The company scores 12/20 on our value-creation score: creating some value.

What to watch: Reported profits have run ahead of actual cash for several periods. As always: this describes the company's numbers; it is not a recommendation.

360° rank · history

1007550250
31
2023202420252026

All-time high

50

Mar 2026

All-time low

1

Jan 2023

Average rank

31

across all years

Detailed & Historical Ranks

Deep dive into 15 detailed ranks and 3 years of history.

Current202520242023
Price/Sales
93
62
39
30
Price/Earnings
54
14
3
Price/Book
92
55
81
95
Dividend Yield
79
12
1
1
Value (overall)
94
31
27
37

Cells are coloured by rank band (red weak → green strong). Sentiment & 360° history begins 2023.

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Make Sense of the Ranks

Every rank runs 1–100 against true peers. Higher is always better.

360° View
1 · Watch OutGood· 100
Value
1 · ExpensiveGood Value· 100
Quality
1 · Weak FundamentalsHigh Quality· 100
Growth
1 · Tough TimesHigh Growth· 100
Safety
1 · High LeverageWell-Financed· 100
Sentiment
1 · SkepticismPositive· 100
Learn More →