Company Valuation: Seatrium Limited

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Capitalization 1 2,574 4,332 8,050 7,009 7,315 7,601 - -
Change - 68.3% 85.83% -12.93% 4.36% 3.91% - -
Enterprise Value (EV) 1 4,545 5,330 8,797 7,698 7,995 8,584 7,765 6,603
Change - 17.25% 65.05% -12.49% 3.86% 7.36% -9.54% -14.97%
P/E ratio -1.26x -16.6x -3.78x 45.1x 22.8x 14.7x 13.3x 12.5x
PBR 0.64x 1.15x 1.24x 1.11x 1.06x 1.05x 1x 0.95x
PEG - 0.2x -0x -0x 0x 0.2x 1.2x 2.02x
Capitalization / Revenue 1.38x 2.22x 1.1x 0.76x 0.64x 0.72x 0.74x 0.78x
EV / Revenue 2.44x 2.74x 1.21x 0.83x 0.7x 0.82x 0.75x 0.68x
EV / EBITDA -4.42x -803x 37.3x 12.3x 9.55x 8.3x 7.19x 6.04x
EV / EBIT -3.71x -25.8x -5.59x 36.2x 15.6x 12.4x 9.92x 8.8x
EV / FCF -7.16x 5.25x 18.1x -2,582x 387x 10.8x 8.15x 7.77x
FCF Yield -14% 19.1% 5.51% -0.04% 0.26% 9.24% 12.3% 12.9%
Dividend per Share 2 - - - 0.015 0.03 0.0436 0.0489 0.0572
Rate of return - - - 0.72% 1.39% 1.94% 2.18% 2.54%
EPS 2 -1.298 -0.166 -0.624 0.0459 0.0947 0.1527 0.1696 0.1801
Distribution rate - - - 32.7% 31.7% 28.6% 28.9% 31.7%
Net sales 1 1,862 1,947 7,291 9,231 11,472 10,502 10,285 9,728
EBITDA 1 -1,028 -6.634 236 627 837 1,035 1,079 1,093
EBIT 1 -1,224 -206.4 -1,573 212.5 513.5 692.8 782.6 750.1
Net income 1 -1,171 -261.1 -1,940 156.8 323.6 518.2 579.3 609.1
Net Debt 1 1,972 998 747 689 680 982.6 164 -998.3
Reference price 2 1.640 2.760 2.360 2.070 2.160 2.250 2.250 2.250
Nbr of stocks (in thousands) 15,69,342 15,69,455 34,10,854 33,86,056 33,86,534 33,78,204 - -
Announcement Date 25/02/22 27/02/23 26/02/24 20/02/25 25/02/26 - - -
1SGD in Million2SGD
Estimates

P/E ratio, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
14.73x0.82x8.3x1.94% 592.57Cr
14.92x0.82x6.06x2.39% 4.14TCr
22.94x2.76x18.56x0% 2.27TCr
21.01x3.29x15.97x - 2.18TCr
7.95x0.6x3.32x4.37% 1.87TCr
21.64x1.97x14.28x0.4% 1.62TCr
8.51x1.78x5.24x5.78% 1.21TCr
37.52x1.3x12.71x1.08% 559.74Cr
27.74x0.59x7.79x0.22% 471.07Cr
63.51x7.02x48.72x0.7% 404.77Cr
Average 24.05x 2.10x 14.09x 1.88% 1.53TCr
Weighted average by Cap. 18.82x 1.80x 11.30x 2.12%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA

Year-on-year evolution of the Yield

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