9.23 USD
-0.07 (-0.75%)
9.2002 USD
-0.03 (-0.32%)
We assign a fundamental rating of 3 out of 10 to SHIP. SHIP was compared to 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 has a valuation in line with the averages, but on the other hand it scores bad on growth.
1. Profitability
1.1 Basic Checks
In the past year SHIP was profitable.
SHIP had a positive operating cash flow in the past year.
Of the past 5 years SHIP 4 years were profitable.
Of the past 5 years SHIP 4 years had a positive operating cash flow.
1.2 Ratios
The Return On Assets of SHIP (2.56%) is better than 62.86% of its industry peers.
SHIP has a Return On Equity of 5.54%. This is in the better half of the industry: SHIP outperforms 65.71% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.56% | ||
| ROE | 5.54% | ||
| ROIC | N/A |
ROA(3y)3.81%
ROA(5y)2.74%
ROE(3y)8.2%
ROE(5y)4.45%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
The Profit Margin of SHIP (9.99%) is better than 62.86% of its industry peers.
SHIP's Profit Margin has declined in the last couple of years.
The Operating Margin of SHIP (22.19%) is better than 68.57% of its industry peers.
In the last couple of years the Operating Margin of SHIP has grown nicely.
With a decent Gross Margin value of 60.81%, 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 | 22.19% | ||
| PM (TTM) | 9.99% | ||
| GM | 60.81% |
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 does not have a ROIC to compare to the WACC, probably because it is not profitable.
SHIP has more shares outstanding than it did 1 year ago.
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 a Debt/Equity ratio of 1.06. This is a high value indicating a heavy dependency on external financing.
SHIP has a worse Debt to Equity ratio (1.06) than 74.29% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.06 | ||
| Debt/FCF | N/A | ||
| Altman-Z | N/A |
ROIC/WACCN/A
WACC9.38%
2.3 Liquidity
A Current Ratio of 0.73 indicates that SHIP may have some problems paying its short term obligations.
SHIP has a Current ratio of 0.73. This is amonst the worse of the industry: SHIP underperforms 82.86% of its industry peers.
SHIP has a Quick Ratio of 0.73. This is a bad value and indicates that SHIP is not financially healthy enough and could expect problems in meeting its short term obligations.
Looking at the Quick ratio, with a value of 0.70, SHIP is doing worse than 82.86% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.73 | ||
| Quick Ratio | 0.7 |
3. Growth
3.1 Past
The earnings per share for SHIP have decreased strongly by -74.36% in the last year.
The Earnings Per Share has been decreasing by -4.20% on average over the past years.
Looking at the last year, SHIP shows a very negative growth in Revenue. The Revenue has decreased by -26.12% 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)-74.36%
EPS 3Y-4.2%
EPS 5YN/A
EPS Q2Q%-19.67%
Revenue 1Y (TTM)-26.12%
Revenue growth 3Y3.03%
Revenue growth 5Y14.12%
Sales Q2Q%5.94%
3.2 Future
Based on estimates for the next years, SHIP will show a decrease in Earnings Per Share. The EPS will decrease by -8.21% on average per year.
SHIP is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 1.35% yearly.
EPS Next Y-59.88%
EPS Next 2Y-17.34%
EPS Next 3Y-8.21%
EPS Next 5YN/A
Revenue Next Year-8.76%
Revenue Next 2Y0.04%
Revenue Next 3Y1.35%
Revenue Next 5YN/A
3.3 Evolution
The EPS growth rate is decreasing: in the next years the growth will be less 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 15.38 indicates a correct valuation of SHIP.
SHIP's Price/Earnings ratio is in line with the industry average.
The average S&P500 Price/Earnings ratio is at 26.51. SHIP is valued slightly cheaper when compared to this.
With a Price/Forward Earnings ratio of 6.40, the valuation of SHIP can be described as very cheap.
Based on the Price/Forward Earnings ratio, SHIP is valued a bit cheaper than the industry average as 80.00% of the companies are valued more expensively.
When comparing the Price/Forward Earnings ratio of SHIP to the average of the S&P500 Index (23.13), we can say SHIP is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 15.38 | ||
| Fwd PE | 6.4 |
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 | 7.57 |
4.3 Compensation for Growth
SHIP's earnings are expected to decrease with -8.21% in the coming years. This may justify a cheaper valuation.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y-17.34%
EPS Next 3Y-8.21%
5. Dividend
5.1 Amount
SHIP has a Yearly Dividend Yield of 5.56%, which is a nice return.
SHIP's Dividend Yield is a higher than the industry average which is at 5.65.
SHIP's Dividend Yield is rather good when compared to the S&P500 average which is at 2.00.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.56% |
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
5.3 Sustainability
SHIP pays out 90.41% of its income as dividend. This is not a sustainable payout ratio.
DP90.41%
EPS Next 2Y-17.34%
EPS Next 3Y-8.21%
9.23
-0.07 (-0.75%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupTransportation
GICS IndustryMarine Transportation
Earnings (Last)
Earnings (Next)
Inst Owners11.02%
Inst Owner ChangeN/A
Ins Owners23.47%
Ins Owner ChangeN/A
Market Cap194.85M
Revenue(TTM)150.35M
Net Income(TTM)15.02M
Analysts84
Price Target13.64 (47.78%)
Short Float %1.96%
Short Ratio1.35
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.56% |
Yearly Dividend0.54
Dividend Growth(5Y)N/A
DP90.41%
Div Incr Years1
Div Non Decr Years1
Ex-DateN/A
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)28.3%
Min EPS beat(2)19.35%
Max EPS beat(2)37.25%
EPS beat(4)4
Avg EPS beat(4)33.41%
Min EPS beat(4)19.35%
Max EPS beat(4)45.92%
EPS beat(8)7
Avg EPS beat(8)40.72%
EPS beat(12)11
Avg EPS beat(12)52.54%
EPS beat(16)15
Avg EPS beat(16)88.93%
Revenue beat(2)2
Avg Revenue beat(2)5.06%
Min Revenue beat(2)3.52%
Max Revenue beat(2)6.6%
Revenue beat(4)4
Avg Revenue beat(4)3.82%
Min Revenue beat(4)2.57%
Max Revenue beat(4)6.6%
Revenue beat(8)7
Avg Revenue beat(8)3.77%
Revenue beat(12)10
Avg Revenue beat(12)3.54%
Revenue beat(16)13
Avg Revenue beat(16)3.98%
PT rev (1m)1.9%
PT rev (3m)5.94%
EPS NQ rev (1m)-9.56%
EPS NQ rev (3m)123.64%
EPS NY rev (1m)37.19%
EPS NY rev (3m)111.02%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)8.59%
Revenue NY rev (1m)2.08%
Revenue NY rev (3m)5.41%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 15.38 | ||
| Fwd PE | 6.4 | ||
| P/S | 1.3 | ||
| P/FCF | N/A | ||
| P/OCF | 4.23 | ||
| P/B | 0.72 | ||
| P/tB | 0.72 | ||
| EV/EBITDA | 7.57 |
EPS(TTM)0.6
EY6.5%
EPS(NY)1.44
Fwd EY15.62%
FCF(TTM)-1.03
FCFYN/A
OCF(TTM)2.18
OCFY23.66%
SpS7.12
BVpS12.85
TBVpS12.85
PEG (NY)N/A
PEG (5Y)N/A
Graham Number13.17
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.56% | ||
| ROE | 5.54% | ||
| ROCE | N/A | ||
| ROIC | N/A | ||
| ROICexc | N/A | ||
| ROICexgc | N/A | ||
| OM | 22.19% | ||
| PM (TTM) | 9.99% | ||
| GM | 60.81% | ||
| FCFM | N/A |
ROA(3y)3.81%
ROA(5y)2.74%
ROE(3y)8.2%
ROE(5y)4.45%
ROIC(3y)N/A
ROIC(5y)N/A
ROICexc(3y)N/A
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)7.81%
ROCE(5y)N/A
ROICexgc growth 3YN/A
ROICexgc growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5YN/A
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 Turnover0.26
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.06 | ||
| Debt/FCF | N/A | ||
| Debt/EBITDA | 4.88 | ||
| Cap/Depr | 265.77% | ||
| Cap/Sales | 45.06% | ||
| Interest Coverage | 1.6 | ||
| Cash Conversion | 78.33% | ||
| Profit Quality | N/A | ||
| Current Ratio | 0.73 | ||
| Quick Ratio | 0.7 | ||
| Altman-Z | N/A |
F-Score4
WACC9.38%
ROIC/WACCN/A
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)-74.36%
EPS 3Y-4.2%
EPS 5YN/A
EPS Q2Q%-19.67%
EPS Next Y-59.88%
EPS Next 2Y-17.34%
EPS Next 3Y-8.21%
EPS Next 5YN/A
Revenue 1Y (TTM)-26.12%
Revenue growth 3Y3.03%
Revenue growth 5Y14.12%
Sales Q2Q%5.94%
Revenue Next Year-8.76%
Revenue Next 2Y0.04%
Revenue Next 3Y1.35%
Revenue Next 5YN/A
EBIT growth 1Y-50.36%
EBIT growth 3Y-1.27%
EBIT growth 5Y39.22%
EBIT Next Year22.91%
EBIT Next 3Y13.33%
EBIT Next 5YN/A
FCF growth 1Y-69.05%
FCF growth 3YN/A
FCF growth 5Y4.05%
OCF growth 1Y138.85%
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.
What is the valuation status of SEANERGY MARITIME HOLDINGS (SHIP) stock?
ChartMill assigns a valuation rating of 4 / 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.
What is the valuation of SEANERGY MARITIME HOLDINGS based on its PE and PB ratios?
The Price/Earnings (PE) ratio for SEANERGY MARITIME HOLDINGS (SHIP) is 15.38 and the Price/Book (PB) ratio is 0.72.
Can you provide the financial health for SHIP stock?
The financial health rating of SEANERGY MARITIME HOLDINGS (SHIP) is 0 / 10.