Mermaid Maritime Public Company Limited, together with its subsidiaries, operates as a subsea and offshore services company in Thailand, Qatar, the United Arab Emirates, the United Kingdom, and Saudi Arabia. The company offers various subsea services, including inspection, repair and maintenance, infrastructure installation support, remotely operated vehicle support, and cable and flexible pipe laying services. It is also involved in the operation of subsea vessels; diving/remotely operated vehicle; provision of submarine products installation services, such as installation engineering, cable transportation, surveys, cable installation with accessories, shore and platform cable pull ins, as well as inspection, repair, and maintenance of subsea cables; and offshore construction support, offshore survey, surface and subsea positioning, equipment and software, and personnel services. The company serves offshore oil and gas industries. The company was incorporated in 1983 and is headquartered in Bangkok, Thailand. Mermaid Maritime Public Company Limited operates as a subsidiary of Thoresen Thai Agencies Public Company Limited.
Metrics to compare | MMPC | Sector Sector - Average of metrics from a broad group of related Energy sector companies | Relationship RelationshipMMPCPeersSector | |
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P/E Ratio | 18.6x | 0.7x | 4.6x | |
PEG Ratio | −0.29 | 0.02 | 0.00 | |
Price/Book | 0.6x | 1.0x | 1.1x | |
Price / LTM Sales | 0.2x | 0.7x | 1.1x | |
Upside (Analyst Target) | 53.8% | 28.8% | 33.2% | |
Fair Value Upside | Unlock | 8.6% | 12.4% | Unlock |