If you are searching for the Sembcorp Marine share price, the first thing to know is that the ticker you remember is gone. Sembcorp Marine merged with Keppel Offshore & Marine in early 2023 and renamed itself Seatrium Limited, then ran a 20-for-1 share consolidation in May 2024 that swapped the old penny-stock code S51 for the current SGX:5E2. As of 17 June 2026 Seatrium traded around S$2.04, with a market value near S$6.8 billion. So the company behind the old Sembcorp Marine share price is alive and profitable again, just under a new name and a very different share count.
There is no live Sembcorp Marine quote anymore because the legal entity was renamed. In February 2023 Sembcorp Marine completed its combination with Keppel Offshore & Marine, creating one of the largest offshore and marine engineering groups in the world. The merged company adopted the name Seatrium Limited in April 2023 while still trading under the old code S51 for a year.
The bigger change came on 7 May 2024, when Seatrium consolidated every 20 existing shares into 1 new share and switched its SGX code from S51 to 5E2. Before that, the stock was a true penny stock hovering around S$0.10 to S$0.14. After the 20-for-1 swap, the same economic stake was simply repriced: a holding worth roughly S$0.12 became one share worth roughly S$2.40, with no change in the underlying value you owned.
This matters when you compare old charts. A 2021 quote of S$0.15 and a 2026 quote of S$2.04 are not directly comparable until you multiply the old figure by 20. On a consolidation-adjusted basis the old Sembcorp Marine share price equivalent of around S$3.00 (pre-split S$0.15) is still well below today's level, which tells you how far the stock fell during the offshore downturn and the rights issues that diluted shareholders.
Three names get confused constantly, so it helps to separate them cleanly. Sembcorp Marine and Sembcorp Industries were once part of the same Temasek-linked group, but Sembcorp Industries spun off and demerged Sembcorp Marine to its shareholders in 2020. They are now completely independent listed companies with different businesses and different prices.
If you want the rig-builder and offshore engineering business, that is Seatrium (the former Sembcorp Marine). If you want the utilities, power and renewables business, that is Sembcorp Industries (SGX:U96). Searching for the Sembcorp Marine share price and landing on a Sembcorp Industries quote is a common and costly mix-up.
| Item | Seatrium (ex-Sembcorp Marine) | Sembcorp Industries |
|---|---|---|
| Current SGX code | 5E2 | U96 |
| Old code | S51 | SCI |
| Business | Offshore, marine, rigs, FPSO, renewables EPC | Gas, power, renewables, urban development |
| Approx share price | ~S$2.04 | ~S$6.90 |
| Approx market cap | ~S$6.8 billion | ~S$12 billion |
| Share consolidation | 20-for-1 in May 2024 | None |
Seatrium turned a corner in 2025. The group reported FY2025 net profit of about S$324 million, roughly double the prior year, on stronger revenue and better project margins as the offshore and FPSO cycle recovered. By end-March 2026 its net order book stood at around S$15.5 billion, with deliveries scheduled through 2033, which gives the revenue line years of visibility.
Analyst consensus through mid-2026 sat above the market price. One broker lifted its FY2026 revenue forecast to about S$10.4 billion and its EPS estimate to roughly S$0.157, with a consensus 12-month price target near S$2.69 against a share price around S$2.04. A target above the current price means the average analyst sees upside, though targets are forecasts, not promises.
The valuation tools in our P/E ratio glossary entry are useful here: at roughly S$2.04 and EPS near S$0.157, the stock trades around 13 times forward earnings, which is not obviously cheap for a cyclical engineering business but reflects the order-book recovery. Use the compound interest calculator if you want to model how a target like S$2.69 plus dividends would compound over a few years.
Yes, after a long drought. Seatrium suspended dividends through the loss-making downturn years, then reinstated a payout once it returned to profit. For FY2024 it paid 1.5 cents per share, and for FY2025 it proposed doubling that to 3.0 cents per share, signalling confidence in the recovery and a cleaner balance sheet.
At a 3.0-cent annual payout and a share price around S$2.04, the trailing yield works out to roughly 1.5 percent, which is modest next to a Singapore REIT or a bank stock. For most holders the investment case here is order-book-driven earnings recovery and a higher share price, not income. If yield is your priority, compare against the names in our Singapore quarterly dividend stocks guide before deciding.
Seatrium trades on SGX under code 5E2 in Singapore dollars, so any broker with SGX access can buy it. You need a brokerage account, and ideally a CDP account if you want the shares held directly in your own name under the Central Depository rather than in a custodian pool. Our step-by-step guide to opening a brokerage and CDP account walks through both routes.
Costs are the part people underestimate. Traditional brokers typically charge around 0.25 to 0.28 percent commission with a minimum of about S$25 per trade, while newer low-cost platforms charge a flat fee or a smaller percentage but usually hold shares in custody rather than CDP. A single S$2,000 trade can lose S$25 or more each way to fees, so frequent small trades eat returns fast.
Single-stock exposure is concentrated and volatile, as the old Sembcorp Marine share price collapse showed. If you would rather own the broad market instead of betting on one cyclical name, an ETF versus unit trust comparison and our broader guide to SGX stocks cover lower-risk ways to get Singapore equity exposure.
That depends on your risk appetite and time horizon, and this is not personal advice. The bull case is concrete: a record-class order book, a doubled dividend, FY2025 profit roughly double the prior year, and analyst targets above the current price. The recovery in offshore drilling, FPSO conversions and floating LNG work plays directly to Seatrium's yards.
The bear case is just as real. Offshore and marine is deeply cyclical, project execution risk on large fixed-price contracts can erase margins, and the company carries legacy reputational issues from historical corruption cases that led to settlements. The history of the Sembcorp Marine share price, from S$56 in 2011 to S$1.37 in 2024 on a split-adjusted basis, is a reminder that this sector can destroy capital for years at a time.
If you do buy, position-size it as a small, high-volatility slice of a diversified portfolio rather than a core holding. Run the trade through a net worth tracker first so you can see how much a single cyclical bet really moves your overall position.
Sembcorp Marine no longer trades under that name. It became Seatrium Limited and trades on SGX under code 5E2, at around S$2.04 as of 17 June 2026. Check a live quote before trading, as prices move daily.
Sembcorp Marine merged with Keppel Offshore & Marine in early 2023 to form a larger offshore and marine engineering group. The combined company rebranded as Seatrium Limited in April 2023, then consolidated its shares 20-for-1 in May 2024 and changed its SGX code from S51 to 5E2.
No. Sembcorp Industries demerged Sembcorp Marine to shareholders in 2020, and they are now separate listed companies. Seatrium (the former Sembcorp Marine, code 5E2) does offshore and marine engineering, while Sembcorp Industries (code U96) runs gas, power and renewables.
Yes. After suspending dividends during its loss-making years, Seatrium paid 1.5 cents per share for FY2024 and proposed 3.0 cents per share for FY2025. At a share price around S$2.04 that is a yield of roughly 1.5 percent, paid annually and subject to shareholder approval.
This is general financial information for Singapore, not personal financial advice. Figures change — verify current rates against the official sources above before acting. See our full disclaimer.