Neptune Marine Services Limited (NMS)

Welcome to InvestSMART

You are currently viewing our site as a guest, which gives you limited access to our site features. By signing up for a free membership, you will receive our Investment Opportunity newsletters and have access to additional features for finding and comparing managed funds and shares. Registration is fast and simple, so please:

Sign Up Today Ľ it's FREE! Already a member? Login now!

General Information
Company Name: Neptune Marine Services Limited
Stock Code: NMS
GICS Sub-Industry: Oil & Gas Equipment & Services
Market Cap ($M): 61
Equiv. Shares (M): 61

Current Price Data+
Current Price Open High Low Last Close Volume Price Movement
$ 1.000 $ 0.000 $ 0.000 $ 0.000 $ 1.000 0 0%

Company Overview

Business Description:
Neptune Marine Services Limited (NMS) is a provider of services and integrated engineered solutions to international oil and gas, marine and renewable energy industries. NMS’s primary focus is offshore oil and gas sector with operations in the key regions of Australia, Asia and the UK.

Strategy Analysis:
NMS's strategy is to establish itself as a whole-of-life-cycle oilfield services company with a global capability. This is to be achieved through a combination of acquisition, organic growth, integration of services and resources and the attraction and retention of quality staff. Acquisitions have been the primary growth driver and include; Allied Diving, Territory Diving, Subsea Developments, Link Weld Engineering, US Underwater Services, Subsea Engineering Services and Sea-Struct Pty Ltd. New JV partnerships and alliances have also been entered in order to strengthen its NEPSYS division. NMS's strategy going forward includes: expanding NMS's global capabilities and global client base with a focus on Asia and developing its deepwater expertise. Neptune Marine Services reported NPAT of $20.97m for the year ended 30 June 2009. Revenue from ordinary activities were $188.96m. Diluted EPS was 6.85 cents compared to 2.95 cents last year. Net operating cash flow was $35.42m compared to $10.92m last year. No dividend was declared.

Financial Summary
Year to Mar NPAT EPS EPS chg (%) PER DPS Yield (%) Franking (%)
2014  A 4.8 7.7 -- 15.4 0.0 0.0 --
2013  A -0.8 -1.4 -- 0.0 0.0 0.0 --
2012  A 1.2 4.0 -- 21.2 0.0 0.0 --
Source: Aspect actuals / Thomson IBES estimates

Peer Comparison
EPS Growth (%) P/E (%) Dividend Yield (%)
Company Mkt Cap 2012 A 2013 F 2014 F 2012 A 2013 F 2014 F 2012 A 2013 F 2014 F
Neptune Marine (NMS) $61 M -- -- -- 12.9870 -- -- 0.00 -- --
WorleyParsons (WOR) $2,463 M -0.1835 -0.0999 -0.0948 9.5041 10.5594 11.6653 8.43 6.92 6.18

Market Comparison
Earnings P/E Ratio P/B Ratio P/E Growth P/S Ratio
NMS -- 13.0 0.79 -- 0.45
Market 0.91 16.4 1.30 2.38 1.62
Sector 1.05 13.1 0.60 10.00 2.71

Name Position Start Date
Mr Robin King Chief Executive Officer,Executive Director 25 June 2013
Mr Boon Wee Kuah Non-Executive Chairman 16 March 2011
Mr Peter Wallace Non-Executive Director 08 July 2011
Mr Dominic Siu Non-Executive Director 25 June 2013

Name Position
Ashley Robertson Chief Financial Officer
Vincent Allegre Chief Operating Officer
Ian Hobson Company Secretary

Substantial Shareholders
Holding Name
1,605,524,729 (86.81%) Blossomvale Investments Pte Ltd

Calendar of Events
Date Event
27 November 2015 Report (Interim)
29 May 2015 Report (Prelim)
29 May 2015 Report (Annual)
© 2011 Morningstar, Inc. All rights reserved. The data and content contained herein are not guaranteed to be accurate, complete or timely. Neither Morningstar, nor its affiliates nor their content providers will have any liability for use or distribution of any of this information. To the extent that any of the content above constitutes advice, it is general advice that has been prepared by Morningstar Australasia Pty Ltd ABN: 95 090 665 544, AFSL: 240892 (a subsidiary of Morningstar, Inc.), without reference to your objectives, financial situation or needs. Before acting on any advice, you should consider the appropriateness of the advice and we recommend you obtain financial, legal and taxation advice before making any financial investment decision. If applicable investors should obtain the relevant product disclosure statement and consider it before making any decision to invest. Some material is copyright and published under licence from ASX Operations Pty Limited ACN 004 523 782 ("ASXO"). DISCLOSURE: Employees may have an interest in the securities discussed in this report. Please refer to our Financial Services Guide (FSG) for more information at


Trade Shares Online from $19.95^
Free Guides

The SMH Guide to Debt Relief

An educational booklet to help you take control of your debts and look to get back on track.

More details...


Markets melt up

By Michael McCarthy (chief market strategist, CMC Markets) 19/12/2014 | Traders and investors caught short heading into the FOMC scrambled for cover in Europe and the US, in many cases driving indices to their best one day performance for 2015.

Aussie Investors take their foot off the accelerator

By Betty Lam (Sales Trader, CMC Markets) 18/12/2014 | Lead by the Fed-fervour offshore, Australians shares jumped on the Yellen cheer wagon. The material and energy stocks were back in vogue as both sectors gained over 3% in morning trade.

Fed Feeds Frenzy

By Michael McCarthy (chief market strategist, CMC Markets) 18/12/2014 | In spite of a frenzied pre-mortem, a benign statement from the US Federal Reserve‚Äôs Open Market Committee and steadying commodity markets drove investors back into share markets overnight. A calmer, stronger ruble helped offset European growth fears, highlighted in the overnight session by further declines in inflation.

Household brands Woolworths and Telstra Heavy Lifting

By Betty Lam (Sales Trader, CMC Markets) 11/12/2014 | Offshore jitters sent ripples through to Australian stocks. The open saw the local equities take 65 points off the index, catalysed by a mass-exit in energy stocks, yet again.

Steady open as Woodside investors wait on details of possible Wheatstone acquisition

By Ric Spooner (Chief Market Analyst, CMC Markets) 10/12/2014 | Yesterday‚Äôs news on Greek politics and China‚Äôs bond market came at a time when US and European stock markets have extended rallies and pushed valuations higher. This makes those markets vulnerable to downward corrections as profit takers act to avoid missing out.

MYEFO and Lima - December could be nasty.

BR Securities Australia Pty Ltd 2/12/2014 | December 2014 could go down as a nasty moment in Australian finance. MYEFO will reveal a deteriorating budget deficit and the UNFCCC meeting in Lima, Peru will provide the agreement, to be ratified in Paris in 2015, on how much (or little) CO2 is to be allowed into the atmosphere from 2020.


Sponsored Links