Background of the Company
Established in 1981, Mencast Holding manufactures and supply sterngear equipment and provide sterngear services for a wide range of commercial vessel-applications. Mencast caters mainly to customers in the offshore oil and gas and marine industry. Customers include major shipyards, shipowners, owners of small tankers, bulk carriers, tugboats.
Financial (Base on FY2009)
- Current Price = $0.39
- Current PE = 9.46
- Rolling PE = 8.49
- NAV = $0.184
- Dividend Yield = 2.33%
- Net Profit Margin = 26.8%
- ROA = 14.49
- ROE = 24.97
- Current Ratio = 2.367
- Debt to Equity = 0.274
An under value penny stock in Marine sector which have good upside potential for long term investment.
whats the intrinsic value?