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    Marine shipping
Nordic Group Limited

Nordic Group Limited

SSGX:MR7
0.48
SGD
-0.01
(-2.04%)
85.84MMarket Cap
Feb 22Next Earn
Nordic Group Limited
SGX:MR7
(Singapore Exchange)

Recent

price

0.48

P/E

ratio

- -

div

yld

1.63%

ROIC.AI

2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
SGD
0.15
0.12
0.15
0.17
0.18
0.2
0.21
0.23
0.23
0.22
0.21
0.27
0.41
0.4
0.4
0.38
- -
Revenue per Share
0.02
- -
0.01
0.02
0.02
0.03
0.03
0.04
0.03
0.02
0.01
0.04
0.05
0.04
0.04
0.05
- -
Basic EPS, GAAP
-0.03
- -
0.01
- -
0.04
0.03
0.03
0.03
- -
0.03
0.04
0.02
0.09
0.03
0.04
0.07
- -
Free Cash Flow per Basic Share
- -
0.01
- -
- -
- -
0.01
0.01
0.01
0.02
0.01
0.01
0.01
0.02
0.02
0.01
0.02
0.01
Dividend per Share
0.09
0.09
0.1
0.12
0.13
0.15
0.17
0.19
0.21
0.22
0.23
0.25
0.28
0.29
0.33
0.36
0.22
Book Value per Share
0.09
0.06
0.07
0.08
0.1
0.09
0.11
0.12
0.13
0.14
0.15
0.18
0.17
0.19
0.22
0.25
0.14
Tangible Book Value per Share
306
400
400
400
400
399
394
393
393
392
390
388
393
400
399
399
392
Basic Weighted Avg Shares
46
50
60
66
72
80
82
92
92
85
81
103
163
161
158
153
- -
Sales/Revenue/Turnover
22.62
4.71
12.36
10.24
12.59
13.95
18.33
20.83
13.18
12.26
7.89
14.07
14.43
12.25
13.22
16.07
- -
Operating Margin (%)
1
2
3
3
3
3
3
3
3
3
5
4
7
5
6
5
- -
Depreciation Expense
7
2
5
6
8
11
13
15
11
8
5
14
21
16
18
19
- -
Net Income, GAAP
17.64
- -
13.2
8.73
14.21
12.05
13.59
8.77
6.84
7.63
7.05
4.14
6.76
18.37
13.23
15.53
- -
Effective Tax Rate (%)
15.35
3.56
7.56
9.21
10.84
13.06
15.56
16.68
12.35
10.02
6.79
13.46
12.7
9.95
11.06
12.41
- -
Profit Margin (%)
34
35
26
22
31
31
35
41
34
34
33
41
37
34
52
64
29
Working Capital
- -
18
10
2
3
11
7
8
6
7
9
6
22
9
11
9
10
LT Debt
37
37
41
46
53
59
67
77
81
86
89
98
110
117
130
142
86
Total Equity
22.99
- -
7.68
8.83
11.21
12.51
13.76
16.58
9.88
7.64
4.15
9.13
13.11
8.38
8.6
10.81
- -
Return on Invested Capital (%)
24.19
- -
7.86
10.01
12
13.99
14.65
15.88
10.89
7.83
4.77
9.62
12.81
9.28
10.06
10.67
- -
Return on Capital (%)
28.54
4.75
11.7
14.04
15.8
18.68
20.22
21.29
14.37
10.16
6.27
14.88
19.91
14.05
14.16
14.02
- -
Return on Common Equity (%)

Capital Structure

SGD

•

in mil. unless spec.
Sep'19
Dec'19
Jun'20
ST Debt
38
38
46
LT Borrowings
5
4
7
LT Finance Leases
4
4
3
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
392
392
390
Market Capitalization
106
114
86

Working Capital

SGD

•

in mil. unless spec.
Sep'19
Dec'19
Jun'20
Total Current Assets
86
97
95
Cash, Cash Equivalents & STI
40
43
57
Accounts Receivable, Net
19
23
19
Inventories
9
12
12
Total Current Liabilities
52
63
67
Payables & Accruals
- -
- -
- -
ST Debt
38
38
46
Deferred Revenue
- -
- -
- -

Growth Rates

SGD

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
9.13%
9.78%
9.05%
Free Cash Flow
-84.13%
58.71%
78.57%
Net Income, GAAP
15.23%
39.52%
8.62%
Sales/Revenue/Turnover
8.1%
15.91%
-3.22%
Total Cash Common Dividend
15.14%
32.3%
19.48%

Semi-annual Revenue

SGD

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
158
2025
- -
- -
153
2026
- -
- -
- -

Semi-annual Earnings Per Share

SGD

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
0.04
2025
- -
- -
0.05
2026
- -
- -
- -

Semi-annual Dividends Per Share

SGD

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
0.01
2025
- -
- -
0.02
2026
- -
- -
- -
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Business
Nordic Group Limited (SGX: MR7) is an investment holding company primarily engaged in the engineering sector, providing specialized engineering services and solutions across marine, offshore, and building industries. The company offers a comprehensive range of services including vessel repairs and maintenance such as steel renewal, pipe works, mechanical works, and electrical works; newbuilding installations encompassing engineering design, fabrication, and installation of piping, structural steel, and equipment; and conversion projects involving vessel modifications and upgrades. Its product offerings include proprietary brands like Nordic Marine, Nordic Offshore, and Nordic Power & Controls, focusing on turnkey solutions for shipbuilding, rig repairs, and industrial engineering; it also provides green technology services such as ballast water treatment systems, exhaust gas cleaning systems, and energy efficiency retrofits. Founded in 2012 and headquartered in Singapore, Nordic Group Limited operates principally in Singapore, with projects extending to Southeast Asia and international waters serving shipowners, offshore operators, and industrial clients. In recent developments, the company expanded its capabilities through the acquisition of Nordic Marine & Offshore Engineering Pte Ltd in 2023, strengthening its marine repair and offshore engineering segments. It launched new service offerings in sustainable maritime technologies, including hybrid propulsion systems and carbon capture solutions, aligning with global decarbonization trends as of 2025. Additionally, Nordic Group Limited formed strategic partnerships with key suppliers for advanced welding and automation technologies in late 2024, enhancing operational efficiency amid rising demand for offshore wind and LNG vessel conversions.