Mencast Fundamental Analysis

Background of the Company

Established in 1981, Mencast HoldingĀ  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.

This Post Has One Comment

  1. hello

    whats the intrinsic value?

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