Seatrium Ltd
5E2: XSES (SGP)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| LOCK|^v | LOCK|x& | LOCK|?mMC&p |
Seatrium Earnings: Strong Margin Recovery; Focus Shifts to Order Momentum; Valuation Down 4%
Seatrium's 2025 net profit jumped 106% year over year, supported by a sharp improvement in gross margin to 7.4% from 3.1%. Its net orderbook stands at SGD 17.8 billion across 24 projects, with deliveries scheduled through 2033. Shares are up 3% today.
