SEANERGY MARITIME HOLDINGS (SHIP) Stock Fundamental Analysis
USA - NASDAQ:SHIP - MHY737604006 - Common Stock
8.24 USD
+0.01 (+0.12%)
Taking everything into account, SHIP scores 3 out of 10 in our fundamental rating. SHIP was compared to 35 industry peers in the Marine Transportation industry. There are concerns on the financial health of SHIP while its profitability can be described as average. SHIP is not valued too expensively and it also shows a decent growth rate.
1. Profitability
1.1 Basic Checks
SHIP had positive earnings in the past year.
SHIP had a positive operating cash flow in the past year.
SHIP had positive earnings in 4 of the past 5 years.
Of the past 5 years SHIP 4 years had a positive operating cash flow.
1.2 Ratios
SHIP's Return On Assets of 2.44% is in line compared to the rest of the industry. SHIP outperforms 51.43% of its industry peers.
SHIP has a better Return On Equity (5.66%) than 62.86% of its industry peers.
The Return On Invested Capital of SHIP (5.51%) is better than 62.86% of its industry peers.
SHIP had an Average Return On Invested Capital over the past 3 years of 6.17%. This is significantly below the industry average of 18.84%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.44% | ||
| ROE | 5.66% | ||
| ROIC | 5.51% |
ROA(3y)3.81%
ROA(5y)2.74%
ROE(3y)8.2%
ROE(5y)4.45%
ROIC(3y)6.17%
ROIC(5y)N/A
1.3 Margins
SHIP has a Profit Margin (9.88%) which is in line with its industry peers.
In the last couple of years the Profit Margin of SHIP has declined.
With a decent Operating Margin value of 23.76%, SHIP is doing good in the industry, outperforming 65.71% of the companies in the same industry.
SHIP's Operating Margin has improved in the last couple of years.
With a decent Gross Margin value of 63.13%, SHIP is doing good in the industry, outperforming 77.14% of the companies in the same industry.
SHIP's Gross Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 23.76% | ||
| PM (TTM) | 9.88% | ||
| GM | 63.13% |
OM growth 3Y-4.17%
OM growth 5Y21.99%
PM growth 3Y-2.44%
PM growth 5YN/A
GM growth 3Y2.22%
GM growth 5Y14.39%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so SHIP is destroying value.
Compared to 1 year ago, SHIP has more shares outstanding
SHIP has more shares outstanding than it did 5 years ago.
The debt/assets ratio for SHIP has been reduced compared to a year ago.
2.2 Solvency
SHIP has an Altman-Z score of -0.17. This is a bad value and indicates that SHIP is not financially healthy and even has some risk of bankruptcy.
SHIP has a worse Altman-Z score (-0.17) than 80.00% of its industry peers.
SHIP has a Debt/Equity ratio of 0.95. This is a neutral value indicating SHIP is somewhat dependend on debt financing.
The Debt to Equity ratio of SHIP (0.95) is worse than 71.43% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.95 | ||
| Debt/FCF | N/A | ||
| Altman-Z | -0.17 |
ROIC/WACC0.57
WACC9.65%
2.3 Liquidity
A Current Ratio of 0.39 indicates that SHIP may have some problems paying its short term obligations.
SHIP has a worse Current ratio (0.39) than 91.43% of its industry peers.
SHIP has a Quick Ratio of 0.39. This is a bad value and indicates that SHIP is not financially healthy enough and could expect problems in meeting its short term obligations.
SHIP has a worse Quick ratio (0.37) than 91.43% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.39 | ||
| Quick Ratio | 0.37 |
3. Growth
3.1 Past
The earnings per share for SHIP have decreased strongly by -50.34% in the last year.
SHIP shows a decrease in Earnings Per Share. Measured over the last years, the EPS has been decreasing by -5.37% yearly.
Looking at the last year, SHIP shows a very negative growth in Revenue. The Revenue has decreased by -19.54% in the last year.
The Revenue has been growing by 14.12% on average over the past years. This is quite good.
EPS 1Y (TTM)-50.34%
EPS 3Y-5.37%
EPS 5YN/A
EPS Q2Q%-79.41%
Revenue 1Y (TTM)-19.54%
Revenue growth 3Y3.03%
Revenue growth 5Y14.12%
Sales Q2Q%-13.11%
3.2 Future
The Earnings Per Share is expected to grow by 22.69% on average over the next years. This is a very strong growth
SHIP is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 6.47% yearly.
EPS Next Y-70.63%
EPS Next 2Y-8.37%
EPS Next 3Y22.69%
EPS Next 5YN/A
Revenue Next Year-10.62%
Revenue Next 2Y-0.03%
Revenue Next 3Y6.47%
Revenue Next 5YN/A
3.3 Evolution
The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
4. Valuation
4.1 Price/Earnings Ratio
A Price/Earnings ratio of 11.44 indicates a reasonable valuation of SHIP.
SHIP's Price/Earnings ratio is a bit cheaper when compared to the industry. SHIP is cheaper than 62.86% of the companies in the same industry.
SHIP is valuated cheaply when we compare the Price/Earnings ratio to 27.08, which is the current average of the S&P500 Index.
Based on the Price/Forward Earnings ratio of 4.65, the valuation of SHIP can be described as very cheap.
Based on the Price/Forward Earnings ratio, SHIP is valued a bit cheaper than 80.00% of the companies in the same industry.
SHIP is valuated cheaply when we compare the Price/Forward Earnings ratio to 23.09, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 11.44 | ||
| Fwd PE | 4.65 |
4.2 Price Multiples
The rest of the industry has a similar Enterprise Value to EBITDA ratio as SHIP.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 7.73 |
4.3 Compensation for Growth
SHIP's earnings are expected to grow with 22.69% in the coming years. This may justify a more expensive valuation.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y-8.37%
EPS Next 3Y22.69%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 2.38%, SHIP has a reasonable but not impressive dividend return.
Compared to an average industry Dividend Yield of 7.34, SHIP has a dividend in line with its industry peers.
SHIP's Dividend Yield is comparable with the S&P500 average which is at 2.30.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.38% |
5.2 History
SHIP has been paying a dividend for over 5 years, so it has already some track record.
The dividend of SHIP decreased recently.
Dividend Growth(5Y)N/A
Div Incr Years1
Div Non Decr Years1
5.3 Sustainability
107.17% of the earnings are spent on dividend by SHIP. This is not a sustainable payout ratio.
DP107.17%
EPS Next 2Y-8.37%
EPS Next 3Y22.69%
NASDAQ:SHIP (10/27/2025, 8:00:03 PM)
8.24
+0.01 (+0.12%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupTransportation
GICS IndustryMarine Transportation
Earnings (Last)
Earnings (Next)
Inst Owners9.07%
Inst Owner ChangeN/A
Ins Owners23.7%
Ins Owner ChangeN/A
Market Cap173.95M
Revenue(TTM)147.72M
Net Income(TTM)14.60M
Analysts84
Price Target12.88 (56.31%)
Short Float %2.72%
Short Ratio2.38
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.38% |
Yearly Dividend0.54
Dividend Growth(5Y)N/A
DP107.17%
Div Incr Years1
Div Non Decr Years1
Ex-Date
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)34.18%
Min EPS beat(2)31.1%
Max EPS beat(2)37.25%
EPS beat(4)3
Avg EPS beat(4)23.61%
Min EPS beat(4)-19.83%
Max EPS beat(4)45.92%
EPS beat(8)7
Avg EPS beat(8)38.97%
EPS beat(12)11
Avg EPS beat(12)91.59%
EPS beat(16)15
Avg EPS beat(16)87.92%
Revenue beat(2)2
Avg Revenue beat(2)3.05%
Min Revenue beat(2)2.57%
Max Revenue beat(2)3.52%
Revenue beat(4)3
Avg Revenue beat(4)0.88%
Min Revenue beat(4)-5.14%
Max Revenue beat(4)3.52%
Revenue beat(8)6
Avg Revenue beat(8)2.79%
Revenue beat(12)10
Avg Revenue beat(12)4.39%
Revenue beat(16)12
Avg Revenue beat(16)3.48%
PT rev (1m)0%
PT rev (3m)14.12%
EPS NQ rev (1m)80.23%
EPS NQ rev (3m)-17.86%
EPS NY rev (1m)54.45%
EPS NY rev (3m)62.72%
Revenue NQ rev (1m)4.84%
Revenue NQ rev (3m)4.57%
Revenue NY rev (1m)3.26%
Revenue NY rev (3m)3.07%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 11.44 | ||
| Fwd PE | 4.65 | ||
| P/S | 1.18 | ||
| P/FCF | N/A | ||
| P/OCF | 3.08 | ||
| P/B | 0.67 | ||
| P/tB | 0.68 | ||
| EV/EBITDA | 7.73 |
EPS(TTM)0.72
EY8.74%
EPS(NY)1.77
Fwd EY21.5%
FCF(TTM)-0.68
FCFYN/A
OCF(TTM)2.67
OCFY32.46%
SpS7
BVpS12.21
TBVpS12.17
PEG (NY)N/A
PEG (5Y)N/A
Graham Number14.06
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.44% | ||
| ROE | 5.66% | ||
| ROCE | 6.98% | ||
| ROIC | 5.51% | ||
| ROICexc | 5.66% | ||
| ROICexgc | 5.67% | ||
| OM | 23.76% | ||
| PM (TTM) | 9.88% | ||
| GM | 63.13% | ||
| FCFM | N/A |
ROA(3y)3.81%
ROA(5y)2.74%
ROE(3y)8.2%
ROE(5y)4.45%
ROIC(3y)6.17%
ROIC(5y)N/A
ROICexc(3y)6.62%
ROICexc(5y)N/A
ROICexgc(3y)6.63%
ROICexgc(5y)N/A
ROCE(3y)7.81%
ROCE(5y)N/A
ROICexgc growth 3Y-8.55%
ROICexgc growth 5Y-18.09%
ROICexc growth 3Y-8.62%
ROICexc growth 5Y-18.13%
OM growth 3Y-4.17%
OM growth 5Y21.99%
PM growth 3Y-2.44%
PM growth 5YN/A
GM growth 3Y2.22%
GM growth 5Y14.39%
F-Score4
Asset Turnover0.25
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.95 | ||
| Debt/FCF | N/A | ||
| Debt/EBITDA | 4.02 | ||
| Cap/Depr | 278.17% | ||
| Cap/Sales | 48.01% | ||
| Interest Coverage | 1.69 | ||
| Cash Conversion | 93.21% | ||
| Profit Quality | N/A | ||
| Current Ratio | 0.39 | ||
| Quick Ratio | 0.37 | ||
| Altman-Z | -0.17 |
F-Score4
WACC9.65%
ROIC/WACC0.57
Cap/Depr(3y)198.15%
Cap/Depr(5y)380.86%
Cap/Sales(3y)33.73%
Cap/Sales(5y)52.42%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-50.34%
EPS 3Y-5.37%
EPS 5YN/A
EPS Q2Q%-79.41%
EPS Next Y-70.63%
EPS Next 2Y-8.37%
EPS Next 3Y22.69%
EPS Next 5YN/A
Revenue 1Y (TTM)-19.54%
Revenue growth 3Y3.03%
Revenue growth 5Y14.12%
Sales Q2Q%-13.11%
Revenue Next Year-10.62%
Revenue Next 2Y-0.03%
Revenue Next 3Y6.47%
Revenue Next 5YN/A
EBIT growth 1Y-44.93%
EBIT growth 3Y-1.27%
EBIT growth 5Y39.22%
EBIT Next Year12.35%
EBIT Next 3Y27.32%
EBIT Next 5YN/A
FCF growth 1Y-7.07%
FCF growth 3YN/A
FCF growth 5Y4.05%
OCF growth 1Y183.05%
OCF growth 3Y-2.32%
OCF growth 5Y41.84%
SEANERGY MARITIME HOLDINGS / SHIP FAQ
What is the ChartMill fundamental rating of SEANERGY MARITIME HOLDINGS (SHIP) stock?
ChartMill assigns a fundamental rating of 3 / 10 to SHIP.
Can you provide the valuation status for SEANERGY MARITIME HOLDINGS?
ChartMill assigns a valuation rating of 5 / 10 to SEANERGY MARITIME HOLDINGS (SHIP). This can be considered as Fairly Valued.
How profitable is SEANERGY MARITIME HOLDINGS (SHIP) stock?
SEANERGY MARITIME HOLDINGS (SHIP) has a profitability rating of 5 / 10.
How financially healthy is SEANERGY MARITIME HOLDINGS?
The financial health rating of SEANERGY MARITIME HOLDINGS (SHIP) is 1 / 10.
Can you provide the expected EPS growth for SHIP stock?
The Earnings per Share (EPS) of SEANERGY MARITIME HOLDINGS (SHIP) is expected to decline by -70.63% in the next year.