How to buy MMA Offshore (MRM) shares

Learn how to easily invest in MMA Offshore shares.

MMA Offshore Limited
AU: MRM - AUD
MARINE SHIPPING
A$0.38
- A$0.02 ( - 5.06%)

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MMA Offshore Limited is a marine shipping business based in Australia. MMA Offshore shares (MRM) are listed on the Australian Securities Exchange (ASX) and all prices are in Australian Dollars. MMA Offshore has a trailing 12-month revenue of around $237.5 million. If you're looking to buy shares, check out the steps below.

How to buy shares in MMA Offshore

  1. Compare share trading platforms. To buy shares listed in Australia, you'll need to sign up to a broker with access to the Australian Securities Exchange (ASX). Our table below can help you choose.
  2. Open and fund your brokerage account. Complete an application with your personal and financial details, like your ID and tax file number. Fund your account with a bank transfer, PayPal or debit card.
  3. Search for MMA Offshore . Find the share by name or ticker symbol: MRM. Research its history to confirm it's a solid investment against your financial goals.
  4. Purchase now or later. Buy today with a market order or use a limit order to delay your purchase until MMA Offshore reaches your desired price. To spread out your risk, look into dollar-cost averaging, which smooths out buying at consistent intervals and amounts.
  5. Decide on how many to buy. At today's price, weigh your budget against a diversified portfolio that can minimise risk through the market's ups and downs.
  6. Check in on your investment. Congratulations, you own a part of MMA Offshore . Optimise your portfolio by tracking how your stock — and even the business — performs with an eye on the long term. You may be eligible for dividends and shareholder voting rights on directors and management that can affect your stock.

MMA Offshore stock price (ASX:MRM)

Use our graph to track the performance of MRM stocks over time.

MMA Offshore shares at a glance

Information last updated 2021-09-24.
52-week range$0.285 - $0.4481
50-day moving average $0.3679
200-day moving average $0.3565
Target price$0.32
PE ratio 41.6667
Dividend yield $0.015 (3.8%)
Earnings per share (TTM) $0.009

Compare share trading platforms

The value of your investments can fall as well as rise and you may get back less than you invested. Past performance is no indication of future results.
Name Product Standard brokerage fee Inactivity fee Markets
IG Share Trading
AUD $8 or 0.1%
$50 per quarter if you make fewer than three trades in that period
ASX shares, Global shares
$0 brokerage for US and global shares plus get an active trader discount of $5 commission on Australian shares.
Enjoy some of the lowest brokerage fees on the market when trading Australian shares, international shares, plus get access to 24-hour customer support.
Superhero share trading
AUD $5
No
ASX shares, US shares
Australia’s lowest-cost broker for ASX shares and ETFs.
Pay zero brokerage on US stocks and all ETFs and just $5 (flat fee) to trade Australian shares from your mobile or desktop.
ThinkMarkets Share Trading
AUD $8
No
ASX shares
Limited-time offer: Get 10 free ASX trades ($0 brokerage) when you open a share trading account with ThinkMarkets(T&Cs apply).$8 flat fee brokerage for CHESS Sponsored ASX stocks (HIN ownership), plus free live stock price data on an easy to use mobile app.
Saxo Capital Markets (Classic account)
AUD $5
No
ASX shares, Global shares, Forex, CFDs, Margin trading, Options trading, ETFs
Access 19,000+ stocks on 40+ exchanges worldwide
Low fees for Australian and global share trading, no inactivity fees, low currency conversion fee and optimised for mobile.
CMC Markets Invest
AUD $11 or 0.1%
No
ASX shares, Global shares, mFunds, ETFs
$0 brokerage on global shares including US, UK and Japan markets.
Trade up to 9,000 products, including shares, ETFs and managed funds, plus access up to 15 major global and Australian stock exchanges.
HSBC Online Share Trading
AUD $19.95
No
ASX shares, mFunds, ETFs, Bonds
Limited time offer: Get up to $100 in brokerage rebates on your first 5 trades when you sign up to a HSBC Online Share Trading account (T&Cs apply). Make trades online with brokerage fees starting from just $19.95 with an HSBC Online Share Trading account. Plus gain access to complimentary expert research, trading ideas and tools.
Bell Direct Share Trading
AUD $15
No
ASX shares, mFunds, ETFs
Invest in Australian shares, options and managed funds from the one account with no inactivity fee.
Bell Direct offers a one-second placement guarantee on market-to-limit ASX orders or your trade is free, plus enjoy extensive free research reports from top financial experts.
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Compare up to 4 providers

Is it a good time to buy MMA Offshore stock?

The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.

MMA Offshore price performance over time

Historical closes compared with the last close of A$0.375

1 week (2021-09-17) -5.06%
1 month (2021-08-24) 2.74%
3 months (2021-06-25) -14.77%
6 months (2021-03-25) 19.05%
1 year (2020-09-24) 2.74%
2 years (2019-09-24) -69.16%
3 years (2018-09-24) -75.07%
5 years (2016-09-23) -82.16%

Is MMA Offshore under- or over-valued?

Valuing MMA Offshore stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of MMA Offshore 's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.

MMA Offshore 's P/E ratio

MMA Offshore 's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 42x. In other words, MMA Offshore shares trade at around 42x recent earnings.

That's relatively high compared to, say, the P/E ratio for the ASX over the 12 months to December 2019 (32.14). The high P/E ratio could mean that investors are optimistic about the outlook for the shares or simply that they're over-valued.

MMA Offshore 's PEG ratio

MMA Offshore 's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 0.15. A low ratio can be interpreted as meaning the shares offer better value, while a higher ratio can be interpreted as meaning the shares offer worse value.

The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into MMA Offshore 's future profitability. By accounting for growth, it could also help you if you're comparing the share prices of multiple high-growth companies.

MMA Offshore 's EBITDA

MMA Offshore 's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $19 million (£0.0 million).

The EBITDA is a measure of a MMA Offshore 's overall financial performance and is widely used to measure a its profitability.

MMA Offshore financials

Revenue TTM $237.5 million
Gross profit TTM $22.3 million
Return on assets TTM -0.96%
Return on equity TTM 0.93%
Profit margin 1.02%
Book value 0.807
Market capitalisation $134.7 million

TTM: trailing 12 months

MMA Offshore share dividends

We're not expecting MMA Offshore to pay a dividend over the next 12 months.

Have MMA Offshore 's shares ever split?

MMA Offshore 's shares were split on a 1:10 basis on 1 February 2021. So if you had owned 10 shares the day before before the split, the next day you'd have owned 1 share. This wouldn't directly have changed the overall worth of your MMA Offshore shares – just the quantity. However, indirectly, the new 900% higher share price could have impacted the market appetite for MMA Offshore shares which in turn could have impacted MMA Offshore 's share price.

MMA Offshore share price volatility

Over the last 12 months, MMA Offshore 's shares have ranged in value from as little as $0.285 up to $0.4481. A popular way to gauge a stock's volatility is its "beta".

Beta is a measure of a share's volatility in relation to the market. The market (AU average) beta is 1, while MMA Offshore 's is 0.1192. This would suggest that MMA Offshore 's shares are less volatile than average (for this exchange).

MMA Offshore overview

MMA Offshore Limited provides vessels, and marine and subsea services to the offshore energy, renewables, and wider maritime industries in Australia and internationally. It operates through Vessel Services, Subsea Services, and Project Logistics segments. The company offers vessel services, including offtake support; supply operations; construction support; seismic and survey support; tug and barge operations; anchor handling and towing; dive and ROV support; installation support; and accommodation support services, as well as inspection, maintenance, and repair services. It also provides subsea services, such as engineering and project delivery; survey, inspection, geophysical, and geotech; construction and maintenance; and manufacture, assembly, and testing services. In addition, the company offers onshore services comprising engineering and technical management, new build and vessel modification, marine project management, and marine manning services; and project logistics services, as well as operates onshore facilities. It owns and operates 25 offshore vessels. The company was formerly known as Mermaid Marine Australia Limited and changed its name to MMA Offshore Limited in December 2014. MMA Offshore Limited was founded in 1989 and is based in Perth, Australia.

MMA Offshore in the news

There are no recent company news

Frequently asked questions

Disclaimer: This information should not be interpreted as an endorsement of futures, stocks, ETFs, CFDs, options or any specific provider, service or offering. It should not be relied upon as investment advice or construed as providing recommendations of any kind. Futures, stocks, ETFs and options trading involves substantial risk of loss and therefore are not appropriate for all investors. Trading CFDs comes with a higher risk of losing money rapidly due to leverage. Past performance is not an indication of future results. Consider your own circumstances, and obtain your own advice, before making any trades.

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