Mermaid Maritime PCL (SGX:DU4) Moat Score: 3/10 (As of Aug. 13, 2026)

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SGX:DU4 Mermaid Maritime PCL SGX:DU4
47 GF Score
Price S$0.10
GF Value S$0.09
Valuation Modestly Overvalued
! 8 Warning Signs
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What is Mermaid Maritime PCL Moat Score?

Mermaid Maritime PCL SGX:DU4 +2.00% 47 Moat Score is 3 as of Aug. 13, 2026. GuruFocus rates SGX:DU4 with a GF Score™ of 47/100 and a GF Value™ of S$0.09 (Modestly Overvalued). The stock has 8 warning signs investors should review. Among 1,048 Oil & Gas companies, Mermaid Maritime PCL ranks better than 76.53% on this metric.

Mermaid Maritime PCL has the Moat Score of 3, which implies that the company might have No Moat - Very weak/transient advantages.

Mermaid Maritime PCL has No Moat: Mermaid Maritime PCL operates in a competitive maritime services industry with no significant market leadership, brand strength, or regulatory barriers. The company lacks durable competitive advantages.

Moat Score is a ranking system developed by GuruFocus to assess a company's ability to sustain a competitive advantage, rated on a scale from 0 to 10. It takes into account key factors such as market leadership, cost advantages, network effects, customer switching costs, and more.

The company's Moat Score is based on these criteria:

1. Market leadership and sustainable market share
2. Network effects and significant customer switching costs
3. Valuable intellectual property and patents
4. Strong brand strength and deep customer loyalty
5. Durable cost advantages (e.g., economies of scale, proprietary technology)
6. Significant regulatory barriers and exclusive licenses
7. Superior distribution network
8. Strong and sustainable pricing power
9. Consistent and impactful innovation and R&D capabilities

Based on the research, GuruFocus believes Mermaid Maritime PCL might have No Moat - Very weak/transient advantages.

Mermaid Maritime PCL  (SGX:DU4) Moat Score Explanation

The Moat Score ranges from 0 to 10, with 10 as the highest. GuruFocus divided Moat Score into following 8 categories:

Moat Score Moat Level
10Wide Moat - Exceptionally dominant and durable wide moat
8 - 9Wide Moat - Clear and robust wide moat
7Wide Moat - Entry-level wide moat, clearly possessing durable advantages
6Narrow Moat - Strong narrow moat, clearly distinguishable but not wide
5Narrow Moat - Solid narrow moat
4Narrow Moat - Discernible but modest moat
1 - 3No Moat - Very weak/transient advantages
0No Moat - No discernible moat

Mermaid Maritime PCL Moat Score Related Terms

SGX:DU4 vs SLB, BKR, FTI: Moat Score Comparison

For the Oil & Gas Equipment & Services subindustry, Mermaid Maritime PCL's Moat Score, along with its competitors' market caps and Moat Score 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 Moat Score vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Mermaid Maritime PCL's Moat Score distribution charts can be found below:

* The bar in red indicates where Mermaid Maritime PCL's Moat Score falls into.


SGX:DU4
47GF Score
Mermaid Maritime PCL SGX:DU4
Moat Score is just one metric. See GF Score™, valuation, warning signs, and more.
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Frequently Asked Questions Learn more about Moat Score →
What does a Moat Score of 3 mean?
Mermaid Maritime PCL (SGX:DU4) has a Moat Score of 3 as of Aug. 13, 2026. Moat Score is a ranking system developed by GuruFocus to assess a company's ability to sustain a competitive advantage, rated on a scale from 0 to 10. It takes into account key factors such as market leadership, cost advantages, network effects, customer switching costs, and more. According to the industry distribution chart, Mermaid Maritime PCL ranks #246 out of 1048 companies in the Oil & Gas industry, placing it in the top 23.5%.
Is Mermaid Maritime PCL's Moat Score too high?
Mermaid Maritime PCL's current Moat Score is 3. The Oil & Gas industry median Moat Score is 1.00. Mermaid Maritime PCL's value of 3 is 200% above this industry median. Based on the distribution chart, Mermaid Maritime PCL ranks #246 out of 1048 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 Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Mermaid Maritime PCL's Moat Score compare to SLB and BKR?
According to the Oil & Gas industry distribution chart, Mermaid Maritime PCL ranks #246 out of 1048 companies for Moat Score. This places Mermaid Maritime PCL in the top 24% of its industry — outperforming the majority of peers. The industry median Moat Score is 1.00. Mermaid Maritime PCL's value of 3 is 200% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Moat Score for an Oil & Gas company?
The median Moat Score among Oil & Gas companies is 1.00, based on 1,048 companies in the industry. Companies in the top quartile (top 25%) have a Moat Score significantly above this median, while those in the bottom quartile fall well below. However, Moat Score should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Mermaid Maritime PCL's current Moat Score of 3 is 200% above 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 Moat Score mean?
A high Moat Score can signal that a stock is expensive relative to its fundamentals. Moat Score is a ranking system developed by GuruFocus to assess a company's ability to sustain a competitive advantage, rated on a scale from 0 to 10. It takes into account key factors such as market leadership, cost advantages, network effects, customer switching costs, and more. For the Oil & Gas industry, the median Moat Score is 1.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mermaid Maritime PCL's current Moat Score is 3. 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 Moat Score is 3 and 200% above the Oil & Gas industry median of 1.00. 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 Moat Score calculated?
Moat Score is calculated from a company's financial statements. For Mermaid Maritime PCL (SGX:DU4), the current Moat Score is 3 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:

  • Moat Score: 3
  • GF Value™: S$0.09 vs. price of S$0.10 (13.3% above fair value)
  • GF Score™: 47/100 with 8 warning signs
  • Industry Position: 200% above the Oil & Gas median (#246 of 1048)

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 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.
47GF Score

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Moat Score is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

S$0.10
Price
S$0.09
GF Value