RHB Lowers Marco Polo Marine’s Target Price By 1 Cent As It Lowers FY2025 - FY2027 Earnings Estimates

Edge
06-10

RHB Bank Singapore analyst Alfie Yeo has lowered his target price on Marco Polo Marine(MPM) from 8 cents to 7 cents, as he lowers his earnings estimates for FY2025 to FY2027 by 13% per year.

Yeo’s net profit estimate for FY2025 is now at $24 million, putting his recurring P/E estimate at 6.85 times. His net profit estimates for FY2026 and FY2027 are at $26 million and $28 million respectively, putting his recurring P/E estimates at 6.31 times and 5.85 times.

The lowered estimates come after MPM reported lower-than-expected earnings in the 1HFY2025. For the six months ended March 31, MPM’s revenue fell by 14% y-o-y to $53 million. The lower figure factored in the temporary loss of third-party shipyard revenue during the construction period of its commissioning service operation vessel (CSOV). MPM’s ship chartering revenue decreased by 3% y-o-y to $32 million.

免责声明:投资有风险,本文并非投资建议,以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请,作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考,不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证,投资者应自行研究并在投资前寻求专业建议。

热议股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10