Is Seamec a good quality company?

Past 10 year's financial track record analysis by Moneyworks4me indicates that Seamec Ltd is a average quality company .

Is Seamec undervalued or overvalued?

The key valuation ratios of Seamec Ltd's currently when compared to its past seem to suggest it is in the Overvalued zone .

What is Seamec share price return in the past 10 years?

Seamec Ltd share price has appreciated 27.4% annually (CAGR) over the past ten years.

Is Seamec a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Semi Strong which suggest that the price of Seamec Ltd is likely to Rise-somewhat in the short term. However, please check the rating on Quality and Valuation before investing.

Seamec Ltd - Stock Valuation and Financial Performance

Name: Seamec
Brand: Seamec

BSE: 526807 | NSE: SEAMECLTD | Shipping | Small Cap

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Seamec Share Price

₹1,060.35 23.60 2.28%
as on 17-May'24 11:33

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Based on:

Data

Overall Rating ⓘ
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1. Quality

2. Valuation

3. Price Trend

Seamec stock performance -

PE Chart Key Ratios

P/E Ratio (SA):

23.96

Market Cap:

2,635.9 Cr.

52-wk low:

587.8

52-wk high:

1,232

Is Seamec Ltd an attractive stock to invest in?

10 Year X-Ray of Seamec: Login to view analysis.

Analysis of Financial Track Record

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Standalone Basis ^P Consolidated Basis ^P

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Value Creation ⓘ

Value Creation Index Colour Code Guide ⓘ

	Mar'14	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	TTM
ROCE % ⓘ	-0.6%	8.2%	0.6%	-41.1%	-0.4%	23.5%	30.8%	10.1%	10.9%	5.9%	-
Value Creation Index ⓘ	-1.0	-0.4	-1.0	-3.9	-1.0	0.7	1.2	-0.3	-0.2	-0.6	-
Growth Parameters ⓘ Growth Parameters Colour Code Guide ⓘ
Sales ⓘ	408	350	328	208	194	304	365	229	294	399	576
Sales YoY Gr.	-	-14.3%	-6.2%	-36.7%	-6.7%	56.9%	20.2%	-37.2%	28%	35.9%	-
Adj EPS ⓘ	-1	11.9	0.9	-60.4	-0.8	28.7	49.7	20.4	26.3	15.7	43.3
YoY Gr.	-	NA	-92.6%	-6962.5%	NA	NA	73.1%	-58.9%	29.1%	-40.5%	-
BVPS (₹) ⓘ	139.2	153.9	165.2	106.4	106.5	136.6	187.8	224.3	254.1	270.2	312.7
Adj Net Profit ⓘ	-3.4	40.5	2.2	-154	-1.9	73	126	51.9	67	39.9	110
Cash Flow from Ops. ⓘ	29.6	136	8.5	14.3	30.4	88.8	189	85.4	131	97.4	-
Debt/CF from Ops. ⓘ	0	0.1	3.3	1.3	0.2	0	0	0	0.5	0.5	-

CAGR ⓘ

CAGR Colour Code Guide ⓘ

	9 Years	5 Years	3 Years	1 Years
Sales ⓘ	-0.3%	15.6%	3%	35.9%
Adj EPS ⓘ	NA	NA	-31.9%	-40.5%
BVPSⓘ	7.7%	20.5%	12.9%	6.4%
Share Price	27.4%	17.4%	39.2%	45.6%

Key Financial Parameters ⓘ

Performance Ratio Colour Code Guide ⓘ

	Mar'14	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	TTM
Return on Equity % ⓘ	-0.7	8.2	0.5	-44.5	-0.7	23.6	30.6	9.9	11	6	14.9
Op. Profit Mgn % ⓘ	6.9	17.6	11.2	-53.9	17.3	34.1	41.8	23.3	35.1	29.4	31.4
Net Profit Mgn % ⓘ	-0.8	11.6	0.7	-74	-1	24	34.6	22.6	22.8	10	19.1
Debt to Equity ⓘ	0	0	0.1	0.1	0	0	0	0	0.1	0.1	-
Working Cap Days ⓘ	242	251	279	410	332	261	284	457	283	168	125
Cash Conv. Cycle ⓘ	89	103	106	94	30	-3	-32	49	56	54	68

Recent Performance Summary

Latest Financials - Seamec Ltd.

	Standalone	Consolidated
TTM EPS (₹)	43.3	24.4
TTM Sales (₹ Cr.)	576	635
BVPS (₹.) ⓘ	312.7	337.7
Reserves (₹ Cr.) ⓘ	770	833
P/BV ⓘ	3.32	3.07
PE ⓘ	23.96	42.41

From the Market
52 Week Low / High (₹)	587.75 / 1232.00
All Time Low / High (₹)	4.00 / 1423.95
Market Cap (₹ Cr.)	2,636
Equity (₹ Cr.)	25.4
Face Value (₹)	10
Industry PE ⓘ	8.7

Management X-Ray of Seamec:

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged ^*

0.00

* Pledged shares as % of Promoter's holding (%)

Valuation of Seamec

Price Calculator

Price Chart

Price to Earnings

Enterprise Value to EBIT

Price to Book-Value

Price to Sales

Dividend History

Analyst's Notes

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Key Ratios of Seamec

Standalone Basis Consolidated Basis

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)

Standalone Basis Consolidated Basis

PARTICULARS	Mar'14	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23
Sales	408	350	328	208	194	304	365	229	294	399
Operating Expenses ⓘ	380	288	291	320	160	200	213	176	191	283
Manufacturing Costs	277	183	196	101	77	102	129	109	105	181
Material Costs	0	0	0	0	0	0	0	0	0	0
Employee Cost	83	85	80	63	61	64	63	51	53	66
Other Costs ⓘ	19	20	15	155	22	34	20	15	32	36
Operating Profit ⓘ	28	61	37	-112	33	103	153	53	103	116
Operating Profit Margin (%)	6.9%	17.6%	11.2%	-53.9%	17.3%	34.0%	41.8%	23.3%	35.0%	29.1%
Other Income ⓘ	15	36	23	18	19	27	30	34	44	15
Interest ⓘ	1	1	1	3	1	1	2	1	4	4
Depreciation ⓘ	38	37	47	48	49	48	46	43	66	93
Exceptional Items ⓘ	0	0	0	0	0	0	0	62	0	0
Profit Before Tax ⓘ	5	60	12	-145	2	81	136	105	77	35
Tax ⓘ	4	6	6	4	2	4	5	7	1	-6
Profit After Tax	1	54	6	-150	0	77	130	98	76	41
PAT Margin (%)	0.3%	15.4%	1.8%	-72.1%	0.2%	25.2%	35.6%	42.6%	25.8%	10.3%
Adjusted EPS (₹)	0.3	15.9	2.3	-58.8	0.1	30.2	51.2	38.4	29.8	16.2
Dividend Payout Ratio (%)	0%	6%	0%	0%	0%	0%	2%	3%	0%	0%

Balance Sheet

(All Figures are in Crores.)

Standalone Basis Consolidated Basis

PARTICULARS	Mar'14	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23
Equity and Liabilities
Shareholders Fund	472	522	420	270	271	347	477	570	646	687
Share Capital ⓘ	34	34	25	25	25	25	25	25	25	25
Reserves ⓘ	438	488	395	245	245	322	452	545	620	662
Minority Interest	0	0	0	0	0	0	0	0	0	0
Debt	0	13	28	18	7	3	0	0	49	38
Long Term Debt	0	0	0	0	0	0	0	0	49	38
Short Term Debt	0	13	28	18	7	3	0	0	0	0
Trade Payables	62	42	114	118	102	123	150	33	20	56
Others Liabilities ⓘ	27	49	35	28	34	30	32	39	55	71
Total Liabilities ⓘ	561	626	597	434	414	504	659	642	770	852
Fixed Assets
Gross Block	495	562	220	300	299	335	358	363	560	849
Accumulated Depreciation	318	345	47	94	130	178	224	220	287	379
Net Fixed Assetsⓘ	177	216	174	206	168	157	134	143	273	470
CWIP ⓘ	0	0	0	1	0	0	1	0	2	0
Investmentsⓘ	3	10	34	37	45	97	180	227	274	161
Inventories	25	17	20	17	14	15	18	17	27	37
Trade Receivables	149	125	187	109	117	164	154	77	38	105
Cash Equivalents ⓘ	100	200	88	24	14	2	22	20	19	57
Others Assetsⓘ	108	58	95	40	55	69	151	158	138	22
Total Assets ⓘ	561	626	597	434	414	504	659	642	770	852

Cash Flow

(All Figures are in Crores.)

Standalone Basis Consolidated Basis

PARTICULARS	Mar'14	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23
Cash Flow From Operating Activity ⓘ	30	136	8	14	30	89	189	85	131	97
PBT ⓘ	5	60	12	-145	2	81	136	105	77	35
Adjustment ⓘ	36	15	31	146	41	49	26	12	45	88
Changes in Working Capital ⓘ	-6	62	-26	32	-9	-38	31	-28	16	-30
Tax Paid ⓘ	-5	-1	-8	-19	-4	-3	-3	-4	-6	4
Cash Flow From Investing Activity ⓘ	17	-217	74	-4	-22	-84	-162	-85	-191	-45
Capex	-19	-55	-18	-76	-18	-33	-15	-54	-188	-273
Net Investments	0	-7	75	63	-5	-57	-150	-33	-8	235
Others ⓘ	37	-155	17	9	2	7	3	2	4	-7
Cash Flow From Financing Activityⓘ	0	13	-96	-11	-14	-1	-3	-2	59	-14
Net Proceeds from Shares ⓘ	0	0	0	0	0	0	0	0	0	0
Net Proceeds from Borrowing ⓘ	0	0	0	0	0	0	0	0	0	0
Interest Paid ⓘ	0	0	0	-1	-1	-1	0	0	-1	-2
Dividend Paid ⓘ	0	0	-3	0	0	0	0	0	0	0
Others ⓘ	0	13	-92	-10	-13	0	-2	-2	60	-12
Net Cash Flow ⓘ	47	-68	-14	-1	-5	4	24	-2	-1	38

Finance Ratio

Standalone Basis Consolidated Basis

PARTICULARS	Mar'14	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23
Ratios
ROE (%)	0.22	10.87	1.22	-43.34	0.11	24.82	31.55	18.64	12.46	6.19
ROCE (%)	1.23	12.07	2.53	-38.65	1.17	26.01	33.13	20.34	12.65	5.36
Asset Turnover Ratio	0.74	0.59	0.54	0.4	0.46	0.66	0.63	0.35	0.42	0.49
PAT to CFO Conversion(x)	30	2.52	1.33	N/A	N/A	1.16	1.45	0.87	1.72	2.37
Working Capital Days
Receivable Days	125	143	173	260	213	169	158	183	71	65
Inventory Days	21	22	20	32	29	18	16	28	28	29
Payable Days	0	0	0	0	0	0	0	0	0	0

Seamec Ltd Stock News

Seamec Ltd FAQs

What is the share price of Seamec?

Company share prices are keep on changing according to the market conditions. The closing price of Seamec on 17-May-2024 11:33 is ₹1,060.4.

What is the market cap of Seamec?

Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 17-May-2024 11:33 the market cap of Seamec stood at ₹2,635.9.

What is the P/E ratio of Seamec?

The latest P/E ratio of Seamec as of 17-May-2024 11:33 is 23.96.

What is the P/B ratio of Seamec?

The latest P/B ratio of Seamec as of 17-May-2024 11:33 is 3.32.

What is the 52-week high and low of Seamec?

The 52-week high of Seamec is ₹1,232 and the 52-week low is ₹587.8.

What is the TTM revenue of Seamec?

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Seamec is ₹576.2 ( Cr.) .

About Seamec Ltd

South East Asia Marine Engineering & Construction (SEAMEC), incorporated as Peerless Leasing Private on December 29, 1986, is an Indian registered public limited company listed on The Stock Exchange, Mumbai and The National Stock Exchange of India. Subsequently the name of the company was changed to Peerless Drive on July 8, 1987. Later, it was again renamed as Peerless Shipping & Oilfield Services on August 25, 1994.

The company started operating on a single DSV in Indian Offshore market, grown subsequently to own and operate three DSVâ€™s.

In the year 1995, Coflexip Stena Offshore Mauritius, the wholly owned subsidiary of Coflexip acquired 8.38% of company. In October 1999, Coflexip Stena Offshore Mauritius raised its holding to 58.24% controlling interest in the company by acquiring the total shareholding of Peerless Finance.

In August 2000, the name of the company was formally changed to South East Asia Marine Engineering &Construction (SEAMEC) to reflect the change in ownership, objective & capabilities of the new organisation. Later in 2001, with the acquisition of the Coflexip Group by Technip of France, the company became a subsidiary of the largest oilfield engineering, construction and service group in Europe and part of an organisation with total annual turnover of more than US$5 billion and a permanent workforce of 22,000. Coflexip Stena Offshore Mauritius now a wholly owned subsidiary of Technip SA, France, holds 78.24% share in Seamec.

The name of the company was changed to SEAMEC with effect from June 12, 2007.

Historically, Peerless Shipping & Oilfield Services' operations consisted mainly of chartering the three DSVâ€™s to ONGC on long-term day-rate contract. However, after being acquired by Coflexip Stena Offshore and later by Technip the capabilities of the company have been expanded to cover a wider range of subsea intervention and oilfield support services.