Should I buy Seatrium stock in 2025?

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At HelloSafe, our expert has been monitoring Seatrium’s performance for more than three years. Every month, hundreds of thousands of users in Singapore rely on us to interpret market trends and highlight the best investment opportunities. Our analyses are produced for informational purposes only and should not be considered as investment advice. In line with our ethical charter, we have never been, and will never be, compensated by Seatrium.

What is Seatrium?

How much is Seatrium stock?

The price of Seatrium stock is rising this week. As of today, Seatrium trades at S$2.03, showing a 1.00% increase over the past 24 hours and a strong 9.99% gain for the week.

The stock beta of 0.52 indicates relatively low volatility. While recent momentum is strong, investors should weigh the high growth expectations against the stock’s moderate risk profile in Singapore’s dynamic market.

Our full analysis on Seatrium stock

In reviewing Seatrium Limited’s latest financial performance and its stock trajectory over the past three years, our team has synthesized a comprehensive perspective by leveraging proprietary algorithms that interpret a spectrum of financial metrics, technical signals, real-time market data, and a competitive benchmarking framework. This multi-dimensional analysis points to a compelling blend of operational turnaround, strategic positioning in both traditional and renewable energy, and robust technical momentum on the Singapore Exchange. So, why might Seatrium stock once again become a strategic entry point into the energy technology sector in 2025?

1. Recent Performance and Market Context

Recent Stock Price Movement

Seatrium (SGX: 5E2) has demonstrated notable resilience and a gradual return to prominence, with its current share price at S$2.03—up 1.0% on the day and reflecting a reinvigorated investor appetite. Over the past year, the stock has delivered a strong +9.14% return, outperforming many peers within the Singapore energy sector. Its price has shown meaningful recovery from the 52-week low of S$1.36, recently outpacing sector averages and highlighting renewed market confidence. The stock’s recent weekly surge of +9.99% underscores emerging momentum that appears to be gaining institutional and retail support alike.

Positive Recent Events

Fiscal 2024 marked Seatrium’s first full-year profitability since 2017, a milestone that was met with investor enthusiasm and a substantial increase in trading activity. Recent business wins include S$15.2 billion in new orders across FY2024 and YTD 2025, pushing Seatrium’s total order book to a record S$23.2 billion—providing revenue visibility through at least 2031. This turnaround is further highlighted by a reinstated, tax-exempt dividend (1.5 cents per share), which not only rewards existing shareholders but also enhances Seatrium’s attractiveness as a yield-enhancing proposition in a low-interest-rate environment.

Favorable Macroeconomic or Sector Backdrop

The macro landscape for energy solutions remains bullish in Singapore and globally. As governments, corporates, and institutional investors accelerate investments in energy security and clean technologies, Seatrium is poised to benefit from twin drivers: stable activity in traditional offshore & marine segments and accelerating demand for renewables (notably, 34% of Seatrium’s order book is now “green”). Despite near-term geopolitical volatility, the structural demand for next-generation engineering and decarbonization projects is expected to remain robust, underlining a supportive macro backdrop.

2. Technical Analysis

Indicators (RSI, MACD, Moving Averages)

Technical signals are aligning to suggest Seatrium is entering a potential new bullish phase. The stock’s RSI (14) stands at 58.58—demonstrating healthy momentum without crossing into overbought territory, which often precedes further upside. The 20-, 50-, and 200-day simple moving averages all register “buy” signals, with the current price trading decisively above support levels. Although the MACD remains slightly negative (-0.01), this appears to be more of a short-term technical pause in an otherwise positive trend rather than a harbinger of a larger retracement.

Strong Support Levels, Bullish Reversal Signals

Key support lines at S$1.75 and S$1.65 have held firm, suggesting downside risk is increasingly contained. Resistance at S$2.10 and S$2.17 now forms the next hurdles, and a successful break above these levels could catalyze further gains. Notably, the overall technical consensus is bullish (14 bullish vs. 4 bearish indicators), with moving averages consensus registering a “strong buy”—a combination rarely seen unless underlying enthusiasm is both broad and deep among market participants.

Favorable Short- and Medium-Term Momentum

With the stock’s current price notably higher than all major support levels and moving averages aligning in a bullish pattern, the short- to medium-term outlook continues to favor further appreciation. This structure offers an attractive technical entry point for market participants seeking both defensive and offensive positioning ahead of anticipated catalysts.

3. Fundamental Analysis

Revenue Growth, Profitability, Strategic Expansion

Seatrium’s fundamental turnaround story is both quantifiable and ongoing. FY2024 witnessed revenue of S$9.23 billion (+27% YoY) and underlying EBITDA of S$771 million (+23% YoY). Most significantly, the company returned to net profitability—S$156.84 million vs a loss in FY2023—and delivered an EPS of S$0.05. This marks a reversal of the multi-year trough and signifies improved operational discipline following the Sembcorp Marine restructuring and rebranding. The robust net order book (S$23.2 billion) ensures multi-year revenue visibility, with 27 major projects in the pipeline until 2031. This long-tail of contracted revenues reduces forward business volatility and provides room for margin accretion as cost-saving initiatives kick in.

Justified or Attractive Valuation

On a trailing basis, Seatrium’s P/E ratio stands at 40.60—undeniably high, but this is mitigated by a much more attractive forward P/E of 16.75. The Price-to-Book ratio (1.07) and Price-to-Sales (0.74) both sit at appealing levels for an industry leader undergoing a profitable turnaround. With an enterprise value/EBITDA of 9.58, the company’s valuation looks increasingly justified in the context of expected EBITDA growth, especially relative to global peers.

Structural Strengths: Innovation, Market Share, Strong Brand

• 34% of the order book is in green solutions (HVDC, offshore wind, ammonia FPSOs, CCS)
• The “One Seatrium” model delivers synergies (S$300 million annual savings targeted by end-2025)
• The company’s innovation pipeline, from decarbonization technologies to digitalized engineering, reinforces its status as a partner of choice in the energy transition era
• Enhanced ESG credentials, with an “A” rating from MSCI, broaden investor appeal—notably among institutions with explicit ESG mandates

The return to profitability and a renewed focus on cost discipline and scalability positions Seatrium as a clear sector winner, likely to outpace industry averages on both growth and margin improvement over coming cycles.

4. Volume and Liquidity

Sustained Trading Volume Equals Market Confidence

Averaging 22.13 million shares in daily volume, Seatrium enjoys excellent liquidity for retail and institutional investors. This consistent trading activity is reflective of market confidence and also provides the flexibility vital for both position traders and longer-term holders to execute their strategies efficiently, even during periods of elevated volatility or news-driven surges.

Float Favorable to Dynamic Valuation

With approximately 50% of shares held by retail investors and 38% by private equity, Seatrium has a liquid public float that is conducive to price discovery and minimizes the risk of sudden illiquidity. This structure often supports more dynamic pricing and can drive accelerated valuation reratings, especially in the lead-up to major business developments or sector-wide rotations.

5. Catalysts and Positive Outlook

New Products, Mergers, Innovations, and ESG Initiatives

• Major orders for next-generation FPSOs and offshore wind platforms position the company to benefit from secular energy transition trends.
• Notably, 34% of new contracts are aligned to renewables and decarbonization (S$7.9B in the order book), providing a hedge against oil & gas cyclicality.
• The company’s renewed focus on digitalization, carbon capture, and green ammonia underscores its commitment to innovation and leadership in sustainable energy infrastructure.
• Major expansion into the Middle East, with a new hub in Al Khobar, creates inroads to the world’s most dynamic energy markets.
• An improved MSCI ESG rating, enhanced board diversity, and ISO anti-bribery certification mark significant accomplishments in governance that increase institutional visibility.

Favorable Upward Context

Seatrium’s mix of traditional, proven revenue streams and forward-looking renewable projects positions it well amid positive sectoral tailwinds. Regulatory support for clean energy, ongoing O&M demand, and Singapore’s role as an energy trading and technology hub all reinforce a multi-year growth runway. Furthermore, Seatrium’s multi-decade project pipeline enhances both earnings visibility and upside optionality around new/adjacent markets and technologies.

6. Investment Strategies

Arguments for Short, Medium, and Long-Term Entry

• Short-Term Entry: With the stock recently breaking above critical resistance levels on strong volume, traders may find Seatrium well-positioned for further upside—especially in anticipation of order wins or quarterly earnings outperformance.
• Medium-Term Positioning: Solid forward earnings guidance, accelerating cost synergies, and a visible dividend uplift combine for an attractive risk-reward. The business is also buffered by a deep order pipeline, reducing near-term uncertainty.
• Long-Term Conviction: Investors seeking exposure to Asia’s energy transition, or wishing to combine cyclical recovery (offshore marine/oil & gas) with megatrend resilience (renewables/green infrastructure), will find Seatrium’s project duration, innovative edge, and managerial discipline extremely appealing.

Ideal Positioning at a Technical Low or Ahead of a Catalyst

The stock’s positioning above major support, coupled with bullish technical consensus, hints at an ideal long-entry setup for those looking to benefit from the next up-leg—whether timed ahead of major project announcements, new contract wins, or broader sector reratings.

7. Is It the Right Time to Buy Seatrium?

Summary of Key Strengths

• Return to robust profitability, underpinned by S$9.23 billion in revenues and healthy EBITDA growth
• S$23.2 billion order book that derisks long-term revenue and signals client confidence
• Visible progress in both oil & gas and renewables, with an accelerating “green” share of business
• Attractive valuation metrics relative to anticipated improvement (forward P/E, price-to-book, EV/EBITDA)
• Strong liquidity and a balanced shareholder base to support dynamic price appreciation
• Compelling pipeline of business catalysts, new markets, and ESG achievements

Optimistic Projection and Encouragement

Seatrium now appears to represent an excellent opportunity for investors seeking well-capitalised growth and dividend yield, all within a company demonstrating operational resilience and structural adaptability. The scale and quality of its order book, earnings momentum, and cost efficiency programmes justify renewed interest at current valuation. With market dynamics, technical structure, and fundamental outlook all aligning positively, the risk-reward profile seems to strongly favour those looking to add leading-edge energy exposure in Singapore or position ahead of long-term global tailwinds.

Assertive Professional Style Focused on Upside Potential

In conclusion, Seatrium’s resurgence is underpinned by a unique blend of technical strength, financial discipline, and strategic innovation that not only secures its place as a regional sector leader but may well pave the way for consistent shareholder value creation over the coming years. At current levels and in the context of a robust macro and sector framework, Seatrium provides investors with a rare, actionable window into one of Asia’s most dynamic energy technology stories—one where strong conviction could be handsomely rewarded as the next growth chapter unfolds.

How to buy Seatrium stock in Singapore?

Buying Seatrium stock online is both simple and secure for investors in Singapore. With a regulated broker, you can become a Seatrium shareholder or speculate on its price in just a few clicks. The two main ways to access Seatrium shares are direct spot buying (also called cash buying), which means actually owning the shares, and trading Contracts for Difference (CFDs), which let you speculate on price movements with leverage. Each approach has different risks and advantages. To help you choose, we’ve prepared a broker comparison further down the page.

Cash buying

When you buy Seatrium shares via a regulated Singapore broker for cash, you become a direct shareholder and enjoy all the rights attached (such as receiving dividends and voting at AGMs). Cash buying is subject to brokerage fees, usually a fixed commission per order—commonly around S$5 to S$15 on local platforms.

Example: Cash buying scenario

Let’s look at a concrete example: if the Seatrium share price is S$2.03, you can buy about 492 shares with a S$1,000 investment, factoring in a typical brokerage fee of S$5.
✔️ Gain scenario:
If Seatrium’s share price increases by 10% (to S$2.23), your shares are worth about S$1,100.
Result: That’s a S$100 gross gain, or +10% return (excluding fees).

Trading via CFD

CFDs (Contracts for Difference) allow you to speculate on the price of Seatrium shares without owning the underlying stock. This enhances your buying power by using leverage, though it also increases risk. CFD providers usually charge a spread (the difference between buy and sell prices) and overnight financing fees if you keep positions open after the trading day.

Example: CFD trading scenario

For example, with S$1,000 and 5× leverage, you control S$5,000 worth of Seatrium shares.
✔️ Gain scenario:
If Seatrium’s stock rises by 8%, your position gains 8% × 5 = 40%.
Result: That’s a S$400 gain on your S$1,000 margin (before fees and interest).

Final advice

Before investing in Seatrium, compare brokers’ fees, trading conditions, and the range of available services—this can make a significant difference to your returns. Remember: the best method depends on your investment goals and risk appetite. Whether you prefer to own shares directly or trade with leverage, you’ll find our broker comparison tool further down the page to support your choice.

Our 7 tips for buying Seatrium stock

The latest news about Seatrium

Seatrium shares have surged nearly 10% in the past week amidst strong technical buy signals. Over the last seven days, Seatrium Limited’s stock price on the Singapore Exchange has climbed 9.99%, outperforming the broader local market. The rally is supported by a favorable technical backdrop, with the stock trading above most key moving averages—almost all of which are flashing buy signals. The overall technical analysis consensus is bullish, and short-term momentum is robust without showing signs of overheating, as evidenced by an RSI of 58.58.

The company reported a return to profitability for FY2024 on sharply higher revenue and improved margins. Seatrium announced full-year net income of S$156.8 million, overturning losses from the previous year, with a 27% year-on-year increase in revenue to S$9.23 billion and a 23% rise in EBITDA. This marks its first annual profit since 2017 and is underpinned by robust operational execution and margin improvement, even if overall profit margins remain modest at 1.7%. The board declared a final dividend of 1.5 Singapore cents per share, reinforcing the company’s positive outlook and confidence in its earnings recovery.

Seatrium’s record S$23.2 billion order book provides strong revenue visibility for Singapore investors. As of end-2024, the company commands an unprecedented net order book, with 27 major projects delivering incremental revenue through 2031. Notably, S$7.9 billion of this is attributable to renewables and cleaner energy solutions—an area increasingly prioritized by Singapore policymakers and global customers alike. This diversification aligns Seatrium with national and global energy transition imperatives, and offers insulation from potential sectoral downturns in traditional oil and gas.

Analysts’ consensus targets suggest significant upside, with a 37% return potential from current levels. Equity analysts covering Seatrium have maintained a consensus target price of S$2.78, implying substantial appreciation potential based on fundamentals and market positioning. That, together with a strong moving average consensus of “Strong Buy,” signals ongoing institutional and professional interest in the stock.

The company’s ESG and governance credentials have received notable local recognition and improvement. Seatrium has advanced its MSCI ESG rating to “A”—up from “BBB”—reflecting commendable reductions in operational emissions and tangible commitments to sustainable practices, including new initiatives in decarbonization and renewable technology. The board’s diversity achievements were recognized in the 2025 Singapore Board Diversity Index, an increasingly important factor for both local and global institutional investors. These developments further strengthen the company’s long-term appeal for Singapore-based investors seeking high standards of governance and sustainable value creation.

FAQ

P. Laurore

Finance expert

Co-founder of HelloSafe and holder of a Master's degree in finance, Pauline has recognised expertise in personal finance, which she uses to help users better understand and optimise their financial choices. At HelloSafe, Pauline plays a key role in designing clear, educational content on savings, investments and personal finance. Passionate about financial education, Pauline strives, with every piece of content she oversees, to provide reliable, transparent and unbiased information for independent and informed financial management. To this end, she has tested over 100 trading platforms to help internet users make the right choices.