Mermaid Maritime PCL (SGX:DU4) Cyclically Adjusted FCF per Share: S$0.00 (As of Jun. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

What is Mermaid Maritime PCL Cyclically Adjusted FCF per Share?

Mermaid Maritime PCL SGX:DU4 -2.20% Cyclically Adjusted FCF per Share is S$0.00 as of Jun. 2026. The stock has 8 warning signs investors should review.

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and the Cyclically Adjusted Price-to-FCF. The Cyclically Adjusted FCF per Share is the average of the inflation adjusted Free Cash Flow per Share of a company over the past 10 years.

Mermaid Maritime PCL's adjusted free cash flow per share for the three months ended in Jun. 2026 was S$0.004. Add all the adjusted free cash flow per share for the past 10 years together and divide the count will get our Cyclically Adjusted FCF per Share, which is S$0.00 for the trailing ten years ended in Jun. 2026.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted FCF Growth Rate using Cyclically Adjusted FCF per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted FCF Growth Rate of Mermaid Maritime PCL was 45.00% per year. The lowest was 45.00% per year. And the median was 45.00% per year.

As of today (2026-09-02), Mermaid Maritime PCL's current stock price is S$0.089. Mermaid Maritime PCL's Cyclically Adjusted FCF per Share for the quarter that ended in Jun. 2026 was S$0.00. Mermaid Maritime PCL's Cyclically Adjusted Price-to-FCF of today is .

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Mermaid Maritime PCL was 82.12. The lowest was 0.00. And the median was 0.00.


Mermaid Maritime PCL  (SGX:DU4) Cyclically Adjusted FCF per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted FCF per Share may underestimate the company's free cash flow. Cyclically Adjusted Price-to-FCF can seem to be too high even the actual Price-to-Free-Cash-Flow is low.

For the Cyclically Adjusted Price-to-FCF, the free cash flow per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/FCF calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted Price-to-FCF is also called CAPFCF Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Price-to-FCF. The Cyclically Adjusted FCF per Share is the average of the inflation adjusted free cash flow per share of a company over the past 10 years.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Mermaid Maritime PCL was 82.12. The lowest was 0.00. And the median was 0.00.


Be Aware

Cyclically Adjusted Price-to-FCF works better for cyclical companies. It gives you a better idea on the company's real free cash flow value.


Mermaid Maritime PCL Cyclically Adjusted FCF per Share Related Terms


Mermaid Maritime PCL Cyclically Adjusted FCF per Share Historical Data

* Premium members only.

The historical data trend for Mermaid Maritime PCL's Cyclically Adjusted FCF per Share can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Mermaid Maritime PCL Cyclically Adjusted FCF per Share Chart

Mermaid Maritime PCL Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.01 0.00 -0.01 0.00 0.00

Mermaid Maritime PCL Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Cyclically Adjusted FCF per Share Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

SGX:DU4 vs SLB, BKR, HAL: Cyclically Adjusted FCF per Share Comparison

For the Oil & Gas Equipment & Services subindustry, Mermaid Maritime PCL's Cyclically Adjusted Price-to-FCF, along with its competitors' market caps and Cyclically Adjusted Price-to-FCF data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Mermaid Maritime PCL Cyclically Adjusted Price-to-FCF vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Mermaid Maritime PCL's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Mermaid Maritime PCL's Cyclically Adjusted Price-to-FCF falls into.



Mermaid Maritime PCL Cyclically Adjusted FCF per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and the Cyclically Adjusted Price-to-FCF. The Cyclically Adjusted FCF per Share is the average of the inflation adjusted Free Cash Flow per Share of a company over the past 10 years.

What is Cyclically Adjusted FCF per Share? How do we calculate Cyclically Adjusted FCF per Share?

Cyclically Adjusted FCF per Share is the average of the inflation adjusted Free Cash Flow per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted FCF per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the free cash flow per share from 2001 through 2010.

We adjusted the 2001 free cash flow per share data with the total inflation from 2001 through 2010 to the equivalent free cash flow in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's free cash flow is $1 a share in 2001, then the 2001's equivalent free cash flow in 2010 is $1.4 a share. If Wal-Mart's free cash flow is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 free cash flow in 2010 is $1.35. So on and so forth, you get the equivalent free cash flow per share of past 10 years. Then you add them together and divided the sum by the count to get Cyclically Adjusted FCF per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.

For example, Mermaid Maritime PCL's adjusted Free Cash Flow per Share data for the three months ended in Jun. 2026 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=0.004/333.9520*333.9520
=0.004

Current CPI (Jun. 2026) = 333.9520.

Mermaid Maritime PCL Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201609 0.012 241.428 0.017
201612 0.010 241.432 0.014
201703 0.008 243.801 0.011
201706 -0.003 244.955 -0.004
201709 0.001 246.819 0.001
201712 0.003 246.524 0.004
201803 0.011 249.554 0.015
201806 -0.013 251.989 -0.017
201809 -0.005 252.439 -0.007
201812 0.008 251.233 0.011
201903 -0.009 254.202 -0.012
201906 -0.001 256.143 -0.001
201909 0.003 256.759 0.004
201912 0.003 256.974 0.004
202003 -0.003 258.115 -0.004
202006 0.000 257.797 0.000
202009 -0.009 260.280 -0.012
202012 -0.005 260.474 -0.006
202103 0.004 264.877 0.005
202106 -0.010 271.696 -0.012
202109 -0.004 274.310 -0.005
202112 -0.017 278.802 -0.020
202203 0.000 287.504 0.000
202206 -0.002 296.311 -0.002
202209 0.016 296.808 0.018
202212 0.000 296.797 0.000
202303 -0.005 301.836 -0.006
202306 -0.006 305.109 -0.007
202309 0.013 307.789 0.014
202312 -0.003 306.746 -0.003
202403 -0.008 312.332 -0.009
202406 -0.022 314.175 -0.023
202409 0.020 315.301 0.021
202412 -0.004 315.605 -0.004
202503 0.001 319.799 0.001
202506 -0.008 322.561 -0.008
202509 -0.006 324.800 -0.006
202512 0.027 324.054 0.028
202603 0.008 330.213 0.008
202606 0.004 333.952 0.004

Add all the adjusted free cash flow per share together and divide 10 will get our Cyclically Adjusted FCF per Share.

What does a Cyclically Adjusted FCF per Share of S$0.00 mean?
Mermaid Maritime PCL (SGX:DU4) has a Cyclically Adjusted FCF per Share of S$0.00 as of Jun. 2026. Cyclically Adjusted FCF per Share represents the company's inflation-adjusted FCF per share over a 10-year period. View historical data on Mermaid Maritime PCL and its competitors.
Is Mermaid Maritime PCL's Cyclically Adjusted FCF per Share too high?
Mermaid Maritime PCL's current Cyclically Adjusted FCF per Share is S$0.00.
How does Mermaid Maritime PCL's Cyclically Adjusted FCF per Share compare to SLB and BKR?
Mermaid Maritime PCL's Cyclically Adjusted FCF per Share of S$0.00 can be compared against companies in the Oil & Gas industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted FCF per Share for an Oil & Gas company?
A good Cyclically Adjusted FCF per Share depends on the Oil & Gas industry context. However, Cyclically Adjusted FCF per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted FCF per Share mean?
A high Cyclically Adjusted FCF per Share can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted FCF per Share represents the company's inflation-adjusted FCF per share over a 10-year period. View historical data on Mermaid Maritime PCL and its competitors. Mermaid Maritime PCL's current Cyclically Adjusted FCF per Share is S$0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mermaid Maritime PCL stock overvalued right now?
Based on GuruFocus' analysis, Mermaid Maritime PCL (SGX:DU4) is currently considered Modestly Overvalued. The stock's GF Value™ is S$0.08, compared to a current price of S$0.09 — trading 11.3% above its estimated fair value. The current Cyclically Adjusted FCF per Share is S$0.00. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted FCF per Share calculated?
Cyclically Adjusted FCF per Share is calculated from a company's financial statements. For Mermaid Maritime PCL (SGX:DU4), the current Cyclically Adjusted FCF per Share is S$0.00 as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Mermaid Maritime PCL Business Description

Industry EnergyOil & Gas
Other Exchanges MMMPF:USA
Address Soi Chidlom, Ploenchit Road, No. 26/28-29, Orakarn Building, 9th Floor, Kwaeng Lumpinee, Khet Pathumwan, Bangkok, THA, 10330
Mermaid Maritime PCL is a subsea and offshore drilling services company. It provides full turnkey services to oil and gas majors operating offshore such as subsea vessels, specialized diving equipment, remotely operated vehicles, and drilling and accommodation rigs. Its segments are the Subsea Group and Holding. The Subsea group, which is the key revenue driver, provides services including inspection, repair, and maintenance (IRM), infrastructure installation support, remotely operated vehicle (ROV) Support, and cable and flexible pipe laying. The company has a presence across the world and Saudi Arabia is the highest income generator.