SEANERGY MARITIME HOLDINGS (SHIP) Stock Fundamental Analysis
NASDAQ:SHIP - MHY737604006 - Common Stock
7.99 USD
-0.26 (-3.15%)
Overall SHIP gets a fundamental rating of 4 out of 10. We evaluated SHIP against 35 industry peers in the Marine Transportation industry. While SHIP is still in line with the averages on profitability rating, there are concerns on its financial health. 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.
SHIP had a positive operating cash flow in 4 of the past 5 years.
1.2 Ratios
SHIP's Return On Assets of 2.44% is in line compared to the rest of the industry. SHIP outperforms 54.29% of its industry peers.
SHIP's Return On Equity of 5.66% is fine compared to the rest of the industry. SHIP outperforms 62.86% of its industry peers.
SHIP has a better Return On Invested Capital (5.51%) than 62.86% of its industry peers.
The Average Return On Invested Capital over the past 3 years for SHIP is in line with the industry average of 7.67%.
| 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
Looking at the Profit Margin, with a value of 9.88%, SHIP is in line with its industry, outperforming 57.14% of the companies in the same industry.
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 68.57% of the companies in the same industry.
In the last couple of years the Operating Margin of SHIP has grown nicely.
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
SHIP has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
Compared to 1 year ago, SHIP has more shares outstanding
The number of shares outstanding for SHIP has been increased compared to 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 -0.18. 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 (-0.18) than 77.14% of its industry peers.
A Debt/Equity ratio of 0.95 indicates that SHIP is somewhat dependend on debt financing.
SHIP has a Debt to Equity ratio of 0.95. This is in the lower half of the industry: SHIP underperforms 74.29% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.95 | ||
| Debt/FCF | N/A | ||
| Altman-Z | -0.18 |
ROIC/WACC0.57
WACC9.68%
2.3 Liquidity
A Current Ratio of 0.39 indicates that SHIP may have some problems paying its short term obligations.
With a Current ratio value of 0.39, SHIP is not doing good in the industry: 88.57% of the companies in the same industry are doing better.
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.
With a Quick ratio value of 0.37, SHIP is not doing good in the industry: 88.57% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.39 | ||
| Quick Ratio | 0.37 |
3. Growth
3.1 Past
SHIP shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -50.34%.
Measured over the past years, SHIP shows a decrease in Earnings Per Share. The EPS has been decreasing by -5.37% on average per year.
The Revenue for SHIP has decreased by -19.54% in the past year. This is quite bad
SHIP shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 14.12% yearly.
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
Based on estimates for the next years, SHIP will show a very strong growth in Earnings Per Share. The EPS will grow by 35.00% on average per year.
The Revenue is expected to grow by 10.92% on average over the next years. This is quite good.
EPS Next Y-87.55%
EPS Next 2Y-16.86%
EPS Next 3Y35%
EPS Next 5YN/A
Revenue Next Year-14.53%
Revenue Next 2Y-2.1%
Revenue Next 3Y10.92%
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.
Although the future Revenue growth is still strong, it is not able to hold up the even more excellent growth rate of the past years.
4. Valuation
4.1 Price/Earnings Ratio
With a Price/Earnings ratio of 11.10, the valuation of SHIP can be described as very reasonable.
Compared to the rest of the industry, the Price/Earnings ratio of SHIP indicates a somewhat cheap valuation: SHIP is cheaper than 65.71% of the companies listed in the same industry.
Compared to an average S&P500 Price/Earnings ratio of 27.06, SHIP is valued rather cheaply.
SHIP is valuated cheaply with a Price/Forward Earnings ratio of 5.48.
SHIP's Price/Forward Earnings ratio is a bit cheaper when compared to the industry. SHIP is cheaper than 74.29% of the companies in the same industry.
The average S&P500 Price/Forward Earnings ratio is at 22.69. SHIP is valued rather cheaply when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 11.1 | ||
| Fwd PE | 5.48 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of SHIP is on the same level as its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 7.62 |
4.3 Compensation for Growth
SHIP has a very decent profitability rating, which may justify a higher PE ratio.
A more expensive valuation may be justified as SHIP's earnings are expected to grow with 35.00% in the coming years.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y-16.86%
EPS Next 3Y35%
5. Dividend
5.1 Amount
SHIP has a Yearly Dividend Yield of 2.42%. Purely for dividend investing, there may be better candidates out there.
SHIP's Dividend Yield is comparable with the industry average which is at 6.76.
SHIP's Dividend Yield is comparable with the S&P500 average which is at 2.41.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.42% |
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
SHIP pays out 107.17% of its income as dividend. This is not a sustainable payout ratio.
DP107.17%
EPS Next 2Y-16.86%
EPS Next 3Y35%
NASDAQ:SHIP (9/5/2025, 8:00:02 PM)
7.99
-0.26 (-3.15%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupTransportation
GICS IndustryMarine Transportation
Earnings (Last)
Earnings (Next)
Inst Owners12.08%
Inst Owner ChangeN/A
Ins Owners10.48%
Ins Owner ChangeN/A
Market Cap166.99M
Analysts84
Price Target11.99 (50.06%)
Short Float %5.68%
Short Ratio5.97
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.42% |
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)6.21%
PT rev (3m)1.08%
EPS NQ rev (1m)-55.78%
EPS NQ rev (3m)-31.63%
EPS NY rev (1m)-31.03%
EPS NY rev (3m)-65.55%
Revenue NQ rev (1m)-2.89%
Revenue NQ rev (3m)-6.18%
Revenue NY rev (1m)-2.55%
Revenue NY rev (3m)-2.08%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 11.1 | ||
| Fwd PE | 5.48 | ||
| P/S | 1.13 | ||
| P/FCF | N/A | ||
| P/OCF | 2.96 | ||
| P/B | 0.65 | ||
| P/tB | 0.65 | ||
| EV/EBITDA | 7.62 |
EPS(TTM)0.72
EY9.01%
EPS(NY)1.46
Fwd EY18.26%
FCF(TTM)-0.69
FCFYN/A
OCF(TTM)2.7
OCFY33.82%
SpS7.07
BVpS12.33
TBVpS12.29
PEG (NY)N/A
PEG (5Y)N/A
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
ROICexcg growth 3Y-8.55%
ROICexcg 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 | -0.18 |
F-Score4
WACC9.68%
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-87.55%
EPS Next 2Y-16.86%
EPS Next 3Y35%
EPS Next 5YN/A
Revenue 1Y (TTM)-19.54%
Revenue growth 3Y3.03%
Revenue growth 5Y14.12%
Sales Q2Q%-13.11%
Revenue Next Year-14.53%
Revenue Next 2Y-2.1%
Revenue Next 3Y10.92%
Revenue Next 5YN/A
EBIT growth 1Y-44.93%
EBIT growth 3Y-1.27%
EBIT growth 5Y39.22%
EBIT Next Year16.66%
EBIT Next 3Y36.72%
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%