Seatrium Ltd
5E2: XSES (SGP)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| Q.J | LOCK|>W$ | LOCK|?>>yGn |
Seatrium: Valuation Adjusted to SGD 2.40 From SGD 0.12 due to 20-for-1 Share Consolidation
We adjust Seatrium’s fair value estimate to SGD 2.40 per share from SGD 0.12 to account for the 20-for-1 consolidation of its shares. Our view on Seatrium is unchanged. The shares are currently undervalued, with upside to be driven by significant new-order wins.
