EV-to-FCF is calculated as enterprise value divided by its free cash flow. As of today, Mermaid Maritime PCL's Enterprise Value is $182.5 Mil.
Mermaid Maritime PCL's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 was $34.0 Mil. Therefore, Mermaid Maritime PCL's EV-to-FCF for today is 5.37.
The historical rank and industry rank for Mermaid Maritime PCL's EV-to-FCF or its related term are showing as below:
MMMPF'
s EV-to-FCF Range Over the Past 10 Years
Min: -198.11 Med: -0.51 Max: 100.46
Current: 5.38
During the past 13 years, the highest EV-to-FCF of Mermaid Maritime PCL was 100.46. The lowest was -198.11. And the median was -0.51.
MMMPF's EV-to-FCF is ranked better than 84.83% of 580
companies
in the Oil & Gas industry
Industry Median: 15.655
vs MMMPF: 5.38
EV-to-FCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.
EV-to-FCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.
Mermaid Maritime PCL's PE Ratio (TTM) for today is calculated as:
Mermaid Maritime PCL's share price for today is $0.08.
Mermaid Maritime PCL's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.005.
* 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.
Enterprise Value is used because it is a more complete measure in reflecting how much an investor pays when buying a company. Free Cash Flow is an important financial metric because it represents the actual amount of cash at a company's disposal. Companies with a low EV-to-FCF ratio, combined with a strong balance sheet are generally considered as undervalued.
Mermaid Maritime PCL EV-to-FCF Related Terms
Mermaid Maritime PCL EV-to-FCF Historical Data
* Premium members only.
The historical data trend for Mermaid Maritime PCL's EV-to-FCF 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.
For the Oil & Gas Equipment & Services subindustry, Mermaid Maritime PCL's EV-to-FCF, along with its competitors' market caps and EV-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 EV-to-FCF vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Mermaid Maritime PCL's EV-to-FCF distribution charts can be found below:
* The bar in red indicates where Mermaid Maritime PCL's EV-to-FCF falls into.
Mermaid Maritime PCL's current Enterprise Value is $182.5 Mil.
Mermaid Maritime PCL's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $34.0 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 (MMMPF) has a EV-to-FCF of 5.37 as of Jul. 12, 2026. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on Mermaid Maritime PCL and its competitors. According to the industry distribution chart, Mermaid Maritime PCL ranks #88 out of 580 companies in the Oil & Gas industry, placing it in the top 15.2%.
Is Mermaid Maritime PCL's EV-to-FCF too high?
Mermaid Maritime PCL's current EV-to-FCF is 5.37. The Oil & Gas industry median EV-to-FCF is 15.66. Mermaid Maritime PCL's value of 5.37 is 65.7% below this industry median. Based on the distribution chart, Mermaid Maritime PCL ranks #88 out of 580 companies in the Oil & Gas industry, which is in the top quartile — a strong position relative to peers. Overall, Mermaid Maritime PCL has a GF Score™ of 47/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Mermaid Maritime PCL's EV-to-FCF compare to SLB and BKR?
According to the Oil & Gas industry distribution chart, Mermaid Maritime PCL ranks #88 out of 580 companies for EV-to-FCF. This places Mermaid Maritime PCL in the top 15% of its industry — outperforming the majority of peers. The industry median EV-to-FCF is 15.66. Mermaid Maritime PCL's value of 5.37 is 65.7% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EV-to-FCF for an Oil & Gas company?
The median EV-to-FCF among Oil & Gas companies is 15.66, based on 580 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-FCF significantly above this median, while those in the bottom quartile fall well below. However, EV-to-FCF should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Mermaid Maritime PCL's current EV-to-FCF of 5.37 is 65.7% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EV-to-FCF mean?
A high EV-to-FCF can signal that a stock is expensive relative to its fundamentals. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on Mermaid Maritime PCL and its competitors. For the Oil & Gas industry, the median EV-to-FCF is 15.66 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mermaid Maritime PCL's current EV-to-FCF is 5.37. 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 (MMMPF) is currently considered Significantly Overvalued. The stock's GF Value™ is $0.06, compared to a current price of $0.08 — trading 33.3% above its estimated fair value. The current EV-to-FCF is 5.37 and 65.7% below the Oil & Gas industry median of 15.66. Mermaid Maritime PCL's overall GF Score™ is 47/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-FCF calculated?
EV-to-FCF is calculated from a company's financial statements. For Mermaid Maritime PCL (MMMPF), the current EV-to-FCF is 5.37 as of Jul. 12, 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 (MMMPF) Overvalued in 2026?
Based on GuruFocus' analysis, Mermaid Maritime PCL stock appears to be overvalued.
The current stock price of $0.08 is trading 33.3% above its estimated GF Value™ of $0.06.
GuruFocus considers Mermaid Maritime PCL to be Significantly Overvalued.
Key valuation signals for MMMPF:
EV-to-FCF: 5.37
GF Value™: $0.06 vs. price of $0.08 (33.3% above fair value)
Industry Position: 65.7% below the Oil & Gas median (#88 of 580)
No single metric tells the full story. See the MMMPF 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
Get the complete analysis for MMMPF
EV-to-FCF is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
MMMPF has been successfully added to your 
