Seatrium Ltd
5E2: XSES (SGP)
Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
---|---|---|---|
SGD 1.32 | Cckn | Jyssvmp |
No Major Surprise in Latest Business Update; Seatrium's Shares Fairly Valued
Business Strategy and Outlook
Seatrium, formerly known as Sembcorp Marine, has several shipyards in Singapore together with a network of overseas yards. Their strategic locations provide strong coverage in key growth markets, including Brazil and Southeast Asia. These yards have capabilities ranging from simple repair and upgrades to complex module configuration and rig building.