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SEANERGY MARITIME HOLDINGS (SHIP) Stock Fundamental Analysis

USA - NASDAQ:SHIP - MHY737604006 - Common Stock

8.42 USD
+0.18 (+2.18%)
Last: 10/28/2025, 5:23:57 PM
Fundamental Rating

3

SHIP gets a fundamental rating of 3 out of 10. The analysis compared the fundamentals against 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 has a decent growth rate and is not valued too expensively.


Dividend Valuation Growth Profitability Health

5

1. Profitability

1.1 Basic Checks

In the past year SHIP was profitable.
In the past year SHIP had a positive cash flow from operations.
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.
SHIP Yearly Net Income VS EBIT VS OCF VS FCFSHIP Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 50M -50M -100M -150M -200M

1.2 Ratios

The Return On Assets of SHIP (2.44%) is comparable to the rest of the industry.
Looking at the Return On Equity, with a value of 5.66%, SHIP is in the better half of the industry, outperforming 62.86% of the companies in the same industry.
Looking at the Return On Invested Capital, with a value of 5.51%, SHIP is in the better half of the industry, outperforming 62.86% of the companies in the same industry.
Measured over the past 3 years, the Average Return On Invested Capital for SHIP is significantly below the industry average of 18.84%.
Industry RankSector 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
SHIP Yearly ROA, ROE, ROICSHIP Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 20 -20 -40 -60 -80

1.3 Margins

SHIP has a Profit Margin (9.88%) which is comparable to the rest of the industry.
In the last couple of years the Profit Margin of SHIP has declined.
Looking at the Operating Margin, with a value of 23.76%, SHIP is in the better half of the industry, outperforming 65.71% 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 RankSector 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%
SHIP Yearly Profit, Operating, Gross MarginsSHIP Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 50 -50

1

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
SHIP has more shares outstanding than it did 5 years ago.
Compared to 1 year ago, SHIP has an improved debt to assets ratio.
SHIP Yearly Shares OutstandingSHIP Yearly Shares OutstandingYearly Shares Outstanding 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 5M 10M 15M 20M
SHIP Yearly Total Debt VS Total AssetsSHIP Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 100M 200M 300M 400M 500M

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.
The Altman-Z score of SHIP (-0.17) is worse than 80.00% of its industry peers.
A Debt/Equity ratio of 0.95 indicates that SHIP is somewhat dependend on debt financing.
SHIP's Debt to Equity ratio of 0.95 is on the low side compared to the rest of the industry. SHIP is outperformed by 71.43% of its industry peers.
Industry RankSector Rank
Debt/Equity 0.95
Debt/FCF N/A
Altman-Z -0.17
ROIC/WACC0.57
WACC9.64%
SHIP Yearly LT Debt VS Equity VS FCFSHIP Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 100M -100M 200M -200M

2.3 Liquidity

A Current Ratio of 0.39 indicates that SHIP may have some problems paying its short term obligations.
Looking at the Current ratio, with a value of 0.39, SHIP is doing worse than 91.43% of the companies in the same industry.
A Quick Ratio of 0.37 indicates that SHIP may have some problems paying its short term obligations.
SHIP has a Quick ratio of 0.37. This is amonst the worse of the industry: SHIP underperforms 91.43% of its industry peers.
Industry RankSector Rank
Current Ratio 0.39
Quick Ratio 0.37
SHIP Yearly Current Assets VS Current LiabilitesSHIP Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 50M 100M 150M 200M

4

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%.
SHIP shows a decrease in Earnings Per Share. Measured over the last years, the EPS has been decreasing by -5.37% yearly.
The Revenue for SHIP has decreased by -19.54% in the past year. This is quite bad
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
Based on estimates for the next years, SHIP will show a small growth in Revenue. The Revenue will grow by 6.47% on average per year.
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.
The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
SHIP Yearly Revenue VS EstimatesSHIP Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 50M 100M 150M 200M
SHIP Yearly EPS VS EstimatesSHIP Yearly EPS VS EstimatesYearly EPS VS Estimates 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 0 -200 -400 -600 -800 -1K

5

4. Valuation

4.1 Price/Earnings Ratio

The Price/Earnings ratio is 11.69, which indicates a very decent valuation of SHIP.
62.86% of the companies in the same industry are more expensive than SHIP, based on the Price/Earnings ratio.
When comparing the Price/Earnings ratio of SHIP to the average of the S&P500 Index (27.08), we can say SHIP is valued rather cheaply.
A Price/Forward Earnings ratio of 4.75 indicates a rather cheap valuation of SHIP.
Compared to the rest of the industry, the Price/Forward Earnings ratio of SHIP indicates a somewhat cheap valuation: SHIP is cheaper than 80.00% of the companies listed in the same industry.
When comparing the Price/Forward Earnings ratio of SHIP to the average of the S&P500 Index (23.09), we can say SHIP is valued rather cheaply.
Industry RankSector Rank
PE 11.69
Fwd PE 4.75
SHIP Price Earnings VS Forward Price EarningsSHIP Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 5 10 15 20 25

4.2 Price Multiples

SHIP's Enterprise Value to EBITDA ratio is in line with the industry average.
Industry RankSector Rank
P/FCF N/A
EV/EBITDA 7.74
SHIP Per share dataSHIP EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 0 2 4 6 8 10

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%

2

5. Dividend

5.1 Amount

SHIP has a Yearly Dividend Yield of 2.38%. Purely for dividend investing, there may be better candidates out there.
SHIP's Dividend Yield is comparable with the industry average which is at 7.34.
SHIP's Dividend Yield is comparable with the S&P500 average which is at 2.30.
Industry RankSector 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.
SHIP has decreased its dividend recently.
Dividend Growth(5Y)N/A
Div Incr Years1
Div Non Decr Years1
SHIP Yearly Dividends per shareSHIP Yearly Dividends per shareYearly Dividends per share 2022 2023 2024 2025 0.2 0.4 0.6 0.8 1

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-8.37%
EPS Next 3Y22.69%
SHIP Yearly Income VS Free CF VS DividendSHIP Yearly Income VS Free CF VS DividendYearly Income VS Free CF VS Dividend 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 -50M -100M -150M -200M
SHIP Dividend Payout.SHIP Dividend Payout, showing the Payout Ratio.SHIP Dividend Payout.PayoutRetained Earnings

SEANERGY MARITIME HOLDINGS

NASDAQ:SHIP (10/28/2025, 5:23:57 PM)

8.42

+0.18 (+2.18%)

Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupTransportation
GICS IndustryMarine Transportation
Earnings (Last)08-05 2025-08-05/bmo
Earnings (Next)11-03 2025-11-03
Inst Owners9.07%
Inst Owner ChangeN/A
Ins Owners23.7%
Ins Owner ChangeN/A
Market Cap177.75M
Revenue(TTM)147.72M
Net Income(TTM)14.60M
Analysts84
Price Target12.88 (52.97%)
Short Float %2.72%
Short Ratio2.38
Dividend
Industry RankSector Rank
Dividend Yield 2.38%
Yearly Dividend0.54
Dividend Growth(5Y)N/A
DP107.17%
Div Incr Years1
Div Non Decr Years1
Ex-Date09-29 2025-09-29 (0.05)
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 RankSector Rank
PE 11.69
Fwd PE 4.75
P/S 1.2
P/FCF N/A
P/OCF 3.15
P/B 0.69
P/tB 0.69
EV/EBITDA 7.74
EPS(TTM)0.72
EY8.55%
EPS(NY)1.77
Fwd EY21.04%
FCF(TTM)-0.68
FCFYN/A
OCF(TTM)2.67
OCFY31.77%
SpS7
BVpS12.21
TBVpS12.17
PEG (NY)N/A
PEG (5Y)N/A
Graham Number14.06
Profitability
Industry RankSector 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 RankSector 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
WACC9.64%
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.