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Think of Enterprise Value as the theoretical takeover price. It is more comprehensive than market capitalization (Market Cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.
EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Mermaid Maritime PCL's Enterprise Value is S$227.1 Mil.
Mermaid Maritime PCL's EBIT for the trailing twelve months (TTM) ended in Jun. 2026 was S$28.2 Mil. Therefore, Mermaid Maritime PCL's EV-to-EBIT ratio for today is 8.05.
EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, Mermaid Maritime PCL's Enterprise Value is S$227.1 Mil.
Mermaid Maritime PCL's EBITDA for the trailing twelve months (TTM) ended in Jun. 2026 was S$54.8 Mil. Therefore, Mermaid Maritime PCL's EV-to-EBITDA ratio for today is 4.15.
*** Please note that the current Enterprise Value is calculated using the current market capitalization and the most recently available financial data. If key financial fields—Long-Term Debt & Capital Lease Obligation and Short-Term Debt & Capital Lease Obligation—are recorded as null in the latest reporting period, our data vendor will default to using data from the prior period with valid entries.
Mermaid Maritime PCL (SGX:DU4) Enterprise Value Explanation
When an investor buy a company, the investor needs to pay not only the common shares, he/she also needs to pay the shareholders of Preferred Stocks. He also assumes the debt of the company, and receives the cash on the company's balance sheet.
If a company has more cash than debt, the investor actually pays less than the Market Cap because he immediately owns the cash once the transaction goes through.
The market value of Preferred Stock needs to be added to the market value of common stocks in the calculation of Enterprise Value.
For the companies with the same Market Cap, the smaller the Enterprise Value is, the cheaper the company is.
Enterprise Value can be negative when the company's net cash is more than its Market Cap. In this case the investor is basically getting the company for free and get paid for that.
1. EV-to-EBIT is calculated as Enterprise Value divided by its EBIT.
Mermaid Maritime PCL's current Enterprise Value is S$227.1 Mil.
Mermaid Maritime PCL's EBIT for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was S$28.2 Mil.
2. EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA.
Mermaid Maritime PCL's current Enterprise Value is S$227.1 Mil.
Mermaid Maritime PCL's EBITDA for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was S$54.8 Mil.
Mermaid Maritime PCL's current Enterprise Value is S$227.1 Mil.
Mermaid Maritime PCL's Revenue for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was S$518.9 Mil.
Mermaid Maritime PCL's current Enterprise Value is S$227.1 Mil.
Mermaid Maritime PCL's Cash Flow from Operations for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was S$73.7 Mil.
Mermaid Maritime PCL's current Enterprise Value is S$227.1 Mil.
Mermaid Maritime PCL's Free Cash Flow for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was S$61.8 Mil.
* 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 Enterprise Value Related Terms
Mermaid Maritime PCL Enterprise Value Historical Data
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The historical data trend for Mermaid Maritime PCL's Enterprise Value 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.
SGX:DU4 vs SLB, BKR, FTI: Enterprise Value Comparison
For the Oil & Gas Equipment & Services subindustry, Mermaid Maritime PCL's Enterprise Value, along with its competitors' market caps and Enterprise Value 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 Enterprise Value vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Mermaid Maritime PCL's Enterprise Value distribution charts can be found below:
* The bar in red indicates where Mermaid Maritime PCL's Enterprise Value falls into.
Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.
Mermaid Maritime PCL's Enterprise Value for the fiscal year that ended in Dec. 2025 is calculated as
* 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 (SGX:DU4) has a Enterprise Value of S$227.1 Mil as of Aug. 13, 2026. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on Mermaid Maritime PCL and its competitors.
Is Mermaid Maritime PCL's Enterprise Value too high?
Mermaid Maritime PCL's current Enterprise Value is S$227.1 Mil. Overall, Mermaid Maritime PCL has a GF Score™ of 47/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Mermaid Maritime PCL's Enterprise Value compare to SLB and BKR?
Mermaid Maritime PCL's Enterprise Value of S$227.1 Mil 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 Enterprise Value for an Oil & Gas company?
A good Enterprise Value depends on the Oil & Gas industry context. However, Enterprise Value 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 Enterprise Value mean?
A high Enterprise Value can signal that a stock is expensive relative to its fundamentals. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on Mermaid Maritime PCL and its competitors. Mermaid Maritime PCL's current Enterprise Value is S$227.1 Mil. 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$0.09, compared to a current price of S$0.10 — trading 13.3% above its estimated fair value. The current Enterprise Value is S$227.1 Mil. Mermaid Maritime PCL's overall GF Score™ is 47/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Enterprise Value calculated?
Enterprise Value is calculated from a company's financial statements. For Mermaid Maritime PCL (SGX:DU4), the current Enterprise Value is S$227.1 Mil as of Aug. 13, 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.
Is Mermaid Maritime PCL (SGX:DU4) Overvalued in 2026?
Based on GuruFocus' analysis, Mermaid Maritime PCL stock appears to be overvalued.
The current stock price of S$0.10 is trading 13.3% above its estimated GF Value™ of S$0.09.
GuruFocus considers Mermaid Maritime PCL to be Modestly Overvalued.
Key valuation signals for SGX:DU4:
Enterprise Value: S$227.1 Mil
GF Value™: S$0.09 vs. price of S$0.10 (13.3% above fair value)
No single metric tells the full story. See the SGX:DU4 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
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.
47GF Score
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