SMBMF (Seatrium) ROCE %: 6.56% (As of Dec. 2025)

What is Seatrium ROCE %?

Seatrium SMBMF 68 ROCE % is 6.56% as of Dec. 2025. GuruFocus rates SMBMF with a GF Score™ of 68/100 and a GF Value™ of $2.01 (Modestly Undervalued). The stock has 2 warning signs investors should review.

ROCE % measures how well a company generates profits from its capital. It is calculated as EBIT divided by Capital Employed, where Capital Employed is calculated as Total Assets minus Total Current Liabilities. Seatrium's annualized ROCE % for the quarter that ended in Dec. 2025 was 6.56%.

Seatrium (OTCPK:SMBMF) ROCE % Explanation

ROCE % can be especially useful when comparing the performance of capital-intensive companies. Unlike ROE %, which indicates the profitability of Shareholders Equity, ROCE % also considers long-term debt in Capital Employed. This can be helpful when analyzing companies with significant debt, as the result is neutralized by taking debt into consideration.

Generally speaking, a higher ROCE % indicates a stonger profitability for a company. Moreover, it is important to look at the ratio from a long term perspective. Investors tend to favor companies with stable and rising ROCE % trend over those with volatile ones.

Seatrium ROCE % Related Terms

Seatrium ROCE % Historical Data

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The historical data trend for Seatrium's ROCE % 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.

Seatrium ROCE % Chart

Seatrium Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Dec25

ROCE %

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-18.97

-1.93

-22.42

4.19

6.11

Seatrium Semi-Annual Data
	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24	Jun25	Dec25
ROCE %	Get a 7-Day Free Trial															-32.08	3.81	4.43	5.89	6.56

68GF Score

Seatrium Ltd SMBMF

ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.

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Seatrium ROCE % Calculation

Seatrium's annualized ROCE % for the fiscal year that ended in Dec. 2025 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2025 )		(A: Dec. 2024 )		(A: Dec. 2025 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2025 )		(A: Dec. 2024 )		(A: Dec. 2025 )
	=	475.223	/	( ( (12946.785 - 5616.996)	+	(14023.429 - 5797.49) )	/ 2 )
	=	475.223	/	( (7329.789	+	8225.939)	/ 2 )
	=	475.223	/	7777.864
	=	6.11 %

Seatrium's ROCE % of for the quarter that ended in Dec. 2025 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Dec. 2025 )		(Q: Jun. 2025 )		(Q: Dec. 2025 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2025 )		(Q: Jun. 2025 )		(Q: Dec. 2025 )
	=	516.19	/	( ( (13634.904 - 6129.216)	+	(14023.429 - 5797.49) )	/ 2 )
	=	516.19	/	( ( 7505.688	+	8225.939 )	/ 2 )
	=	516.19	/	7865.8135
	=	6.56 %

(1) Note: The EBIT data used here is two times the semi-annual (Dec. 2025) EBIT data.

Frequently Asked Questions Learn more about ROCE % →

What does a ROCE % of 6.56% mean?

Seatrium (SMBMF) has a ROCE % of 6.56% as of Dec. 2025.

Is Seatrium's ROCE % too high?

Seatrium's current ROCE % is 6.56%. The Oil & Gas industry median ROCE % is 6.79. Seatrium's value of 6.56% is 3.4% below this industry median. Overall, Seatrium has a GF Score™ of 68/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.

How does Seatrium's ROCE % compare to SLB and BKR?

Seatrium's ROCE % of 6.56% can be compared against companies in the Oil & Gas industry. The industry median ROCE % is 6.79. Seatrium's value of 6.56% is 3.4% 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 ROCE % for an Oil & Gas company?

The median ROCE % among Oil & Gas companies is 6.79, based on 977 companies in the industry. Companies in the top quartile (top 25%) have a ROCE % significantly above this median, while those in the bottom quartile fall well below. However, ROCE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Seatrium's current ROCE % of 6.56% is 3.4% 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 ROCE % mean?

A high ROCE % can signal that a stock is expensive relative to its fundamentals. For the Oil & Gas industry, the median ROCE % is 6.79 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Seatrium's current ROCE % is 6.56%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Seatrium stock overvalued right now?

Based on GuruFocus' analysis, Seatrium (SMBMF) is currently considered Modestly Undervalued. The stock's GF Value™ is $2.01, compared to a current price of $1.60 — trading 20.4% below its estimated fair value. The current ROCE % is 6.56% and 3.4% below the Oil & Gas industry median of 6.79. Seatrium's overall GF Score™ is 68/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.

How is ROCE % calculated?

ROCE % is calculated from a company's financial statements. For Seatrium (SMBMF), the current ROCE % is 6.56% as of Dec. 2025. 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 Seatrium (SMBMF) Overvalued in 2026?

Based on GuruFocus' analysis, Seatrium stock appears to be undervalued. The current stock price of $1.60 is trading 20.4% below its estimated GF Value™ of $2.01. GuruFocus considers Seatrium to be Modestly Undervalued.

Key valuation signals for SMBMF:

ROCE %: 6.56%
GF Value™: $2.01 vs. price of $1.60 (20.4% below fair value)
GF Score™: 68/100 with 2 warning signs
Industry Position: 3.4% below the Oil & Gas median

No single metric tells the full story. See the SMBMF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Seatrium Business Description

Industry Energy Oil & Gas

Comparable Companies SGX:DU4 SGX:BEZ SGX:BTP SGX:5G2 SGX:5NF SGX:M05 SGX:BDU SGX:C13 SGX:5OQ SGX:BLZ SLB BKR HAL MIL:TEN FTI SZSE:002353 OSL:SUBC MIL:SPM XPAR:GTT SHSE:601808

Other Exchanges SMBMY:USA 5E2:Singapore S8N0:Germany

Address 80 Tuas South Boulevard, Singapore, SGP, 637051

Website https://www.seatrium.com

Singapore-based Seatrium was established in 2023 following the merger of Sembcorp Marine and Keppel O&M, leveraging over six decades of operating history from its predecessor companies. The company specializes in ship repairs and building, ship conversion, rig construction, and offshore engineering and construction. Seatrium operates a global network of facilities, and its Singapore operations include one of the world's largest integrated shipyards, the Tuas Boulevard Yard.

68GF Score

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$1.60

Price

$2.01

GF Value

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