---
title: "Mermaid Maritime Public Company Limited (DU4.SG)"
type: "Symbol"
locale: "en"
url: "https://longbridge.com/en/quote/DU4.SG.md"
symbol: "DU4.SG"
name: "Mermaid Maritime Public Company Limited"
industry: "Energy Equipment and Services"
datetime: "2026-04-14T23:26:08.027Z"
locales:
  - [en](https://longbridge.com/en/quote/DU4.SG.md)
  - [zh-CN](https://longbridge.com/zh-CN/quote/DU4.SG.md)
  - [zh-HK](https://longbridge.com/zh-HK/quote/DU4.SG.md)
---

# Mermaid Maritime Public Company Limited (DU4.SG)

## Company Overview

Mermaid Maritime Public Company Limited, together with its subsidiaries, operates as a subsea and offshore services company in Thailand, Qatar, Nigeria, India, the United Arab Emirates, the United Kingdom, Angola, Malaysia, Singapore, Mauritius, Vietnam, and Saudi Arabia. It operates through two segments, Subsea Group and Holding. The company offers various subsea services, including inspection, repair and maintenance, infrastructure installation support, remotely operated vehicle support, and cable and flexible pipe laying services. It is also involved in the operation of 8 subsea vessels; diving/remotely operated vehicle; provision of submarine products installation services, such as installation engineering, cable transportation, surveys, cable installation with accessories, shore and platform cable pull ins, as well as inspection, repair, and maintenance of subsea cables; and offshore construction support, offshore survey, surface and subsea positioning, equipment and software, and personnel services.

| Item | Detail |
|------|--------|
| Industry | Energy Equipment and Services |
| Exchange | SG Market |
| Website | [www.mermaid-group.com/home](https://www.mermaid-group.com/home) |

## Key Drivers
> *AI-analyzed key factors driving this stock's performance*


## Longbridge Financial Score™: C
> *Longbridge Financial Score™ — Proprietary multi-factor rating model by Longbridge*
> Updated: 2026-04-14T04:30:15.000Z

**Overall: C (0.45)**

**Industry**: Energy Equipment and Services

| Metric | Value |
|--------|-------|
| Industry Ranking | 3 / 19 |
| Industry Median | C |
| Industry Average | C |

- **Style**: Value - Stocks where the company's main business is in a mature stage.
- **Scale**: Small - The company's operation has a high degree of growth and volatility, making it easy to achieve high investment returns.

**Multi Score**: C

#### Style Score Score: 

| Indicator | Value | Rating |
|-----------|-------|--------|
| Revenue YoY | -7.99% |  |
| Net Profit YoY | -53.71% |  |
| P/B Ratio | 0.77 |  |
| Dividend Ratio | 0.00% |  |

#### Size Score Score: 

| Indicator | Value | Rating |
|-----------|-------|--------|
| Market Cap | 232537669.13 |  |
| Revenue | 642851673.42 |  |

#### Multi Score Score: C

| Indicator | Value | Rating |
|-----------|-------|--------|
| ROE | 3.11% | C |
| Profit Margin | 1.32% | C |
| Gross Margin | 30.72% | C |
| Revenue YoY | -7.99% | D |
| Net Profit YoY | -53.71% | D |
| Total Assets YoY | 3.12% | C |
| Net Assets YoY | 21.29% | A |
| Cash Flow Margin | 649.00% | A |
| OCF YoY | -7.99% | D |
| Turnover | 1.14 | A |
| Gearing Ratio | 47.72% | C |

```chart-data:radar
{
  "title": "Longbridge Financial Score - Mermaid Maritime Public Company Limited",
  "chart_type": "radar",
  "dimensions": [
    {
      "name": "Style Score",
      "grade": "",
      "indicators": [
        {
          "name": "Revenue YoY",
          "value": "-7.99%",
          "rating": ""
        },
        {
          "name": "Net Profit YoY",
          "value": "-53.71%",
          "rating": ""
        },
        {
          "name": "P/B Ratio",
          "value": "0.77",
          "rating": ""
        },
        {
          "name": "Dividend Ratio",
          "value": "0.00%",
          "rating": ""
        }
      ]
    },
    {
      "name": "Size Score",
      "grade": "",
      "indicators": [
        {
          "name": "Market Cap",
          "value": "232537669.13",
          "rating": ""
        },
        {
          "name": "Revenue",
          "value": "642851673.42",
          "rating": ""
        }
      ]
    },
    {
      "name": "Multi Score",
      "grade": "C",
      "indicators": [
        {
          "name": "ROE",
          "value": "3.11%",
          "rating": "C"
        },
        {
          "name": "Profit Margin",
          "value": "1.32%",
          "rating": "C"
        },
        {
          "name": "Gross Margin",
          "value": "30.72%",
          "rating": "C"
        },
        {
          "name": "Revenue YoY",
          "value": "-7.99%",
          "rating": "D"
        },
        {
          "name": "Net Profit YoY",
          "value": "-53.71%",
          "rating": "D"
        },
        {
          "name": "Total Assets YoY",
          "value": "3.12%",
          "rating": "C"
        },
        {
          "name": "Net Assets YoY",
          "value": "21.29%",
          "rating": "A"
        },
        {
          "name": "Cash Flow Margin",
          "value": "649.00%",
          "rating": "A"
        },
        {
          "name": "OCF YoY",
          "value": "-7.99%",
          "rating": "D"
        },
        {
          "name": "Turnover",
          "value": "1.14",
          "rating": "A"
        },
        {
          "name": "Gearing Ratio",
          "value": "47.72%",
          "rating": "C"
        }
      ]
    }
  ]
}
```

## Valuation Analysis

| Metric | Current | Industry Ranking | High | Median | Low |
|--------|---------|-----------------|------|--------|-----|
| PE (TTM) | 27.65 | 4/19 | 27.43 | 18.04 | 17.34 |
| PB | 0.78 | 8/19 | 1.06 | 0.79 | 0.68 |
| PS (TTM) | 0.36 | 4/19 | 0.36 | 0.35 | 0.22 |
| Dividend Yield | 0.00% | - | - | - | - |

## Peer Comparison

| Rank | Name | Profit | Growth | Operation | Security | Cash | Rating |
| --- | --- | --- | --- | --- | --- | --- | --- |
| 01 | PacificRadiance (RXS.SG) | B | B | C | B | C | B |
| 02 | Dyna-Mac (NO4.SG) | A | A | A | E | A | B |
| 03 | Mermaid Maritime (DU4.SG) | C | D | A | C | C | C |
| 04 | Rex (5WH.SG) | B | C | C | E | D | C |
| 05 | Salt Investments (FQ7.SG) | E | C | B | B | C | C |

## Institutional View

### Analyst Rating Distribution

> As of 2025-11-17T16:00:00.000Z

Total Analysts: **1**

| Rating | Count | Percentage |
|--------|-------|-----------| 
| Buy | 1 | 100% |

### Target Price Forecast

| Metric | Price |
|--------|-------|
| Current Price | 0.12 |
| Highest Target | undefined |
| Lowest Target | undefined |

## References

- [Company Overview — Profile, executives, shareholders, business breakdown](https://longbridge.com/en/quote/DU4.SG/overview.md)
- [Financial Reports — Income, balance sheet, cash flow, dividends](https://longbridge.com/en/quote/DU4.SG/norm.md)
- [Related News](https://longbridge.com/en/quote/DU4.SG/news.md)

---

> **Disclaimer: This article is for reference only and does not constitute any investment advice.**