Stock Analysis: Prima Marine

Prima Marine maintains world-class profitability despite a recent dip in growth rankings among global energy peers.

Source: DepositPhotos

Company: Prima Marine Public Company Limited

Bloomberg ticker: PRM TB

Market cap: US$620m

Background: Prima Marine Public Company Limited is a Thai company that provides ship management services on both domestic and international routes. The services include maritime transport and storage services for liquid petroleum and petrochemical products. PRM owns and operates 41 trading vessels, 5 floating storage units, and 14 offshore support vessels.

World Class Benchmarking of Prima Marine

  • Profitable Growth rank of 3 was down compared to the prior period’s 2nd rank

  • This is above average performance compared to 160 medium Energy companies worldwide

  • Profitability rank of 2 was better than its Growth rank of 6

  • Profitability rank of 2 was the same compared to the prior period’s 2nd rank

  • This is World Class performance compared to peers

  • Growth rank of 6 was down compared to the prior period’s 4th rank

  • This is below average performance compared to peers

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