SEANERGY MARITIME HOLDINGS (SHIP) Stock Fundamental Analysis
USA - NASDAQ:SHIP - MHY737604006 - Common Stock
8.57 USD
+0.31 (+3.75%)
Overall SHIP gets a fundamental rating of 4 out of 10. We evaluated SHIP 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 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.
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.
1.2 Ratios
SHIP has a Return On Assets (2.44%) which is in line with its industry peers.
SHIP has a Return On Equity of 5.66%. This is comparable to the rest of the industry: SHIP outperforms 60.00% of its industry peers.
SHIP has a Return On Invested Capital of 5.51%. This is in the better half of the industry: SHIP outperforms 65.71% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for SHIP is in line with the industry average of 7.39%.
| 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 54.29% of the companies in the same industry.
SHIP's Profit Margin has declined in the last couple of years.
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.
In the last couple of years the Gross Margin of SHIP has grown nicely.
| 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
With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), SHIP is destroying value.
The number of shares outstanding for SHIP has been increased compared to 1 year ago.
Compared to 5 years ago, SHIP has more shares outstanding
The debt/assets ratio for SHIP has been reduced compared to a year ago.
2.2 Solvency
Based on the Altman-Z score of -0.17, we must say that SHIP is in the distress zone and has some risk of bankruptcy.
SHIP's Altman-Z score of -0.17 is on the low side compared to the rest of the industry. SHIP is outperformed by 77.14% of its industry peers.
A Debt/Equity ratio of 0.95 indicates that SHIP is somewhat dependend on debt financing.
Looking at the Debt to Equity ratio, with a value of 0.95, SHIP is doing worse than 74.29% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.95 | ||
| Debt/FCF | N/A | ||
| Altman-Z | -0.17 |
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.
A Quick Ratio of 0.37 indicates that SHIP may have some problems paying its short term obligations.
The Quick ratio of SHIP (0.37) is worse than 88.57% 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.
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 22.69% 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-80.99%
EPS Next 2Y0.39%
EPS Next 3Y22.69%
EPS Next 5YN/A
Revenue Next Year-13.44%
Revenue Next 2Y-1.88%
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
The Price/Earnings ratio is 11.90, which indicates a very decent valuation of SHIP.
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.
SHIP is valuated cheaply when we compare the Price/Earnings ratio to 27.76, which is the current average of the S&P500 Index.
The Price/Forward Earnings ratio is 4.03, which indicates a rather cheap valuation of SHIP.
Based on the Price/Forward Earnings ratio, SHIP is valued cheaper than 85.71% of the companies in the same industry.
When comparing the Price/Forward Earnings ratio of SHIP to the average of the S&P500 Index (23.18), we can say SHIP is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 11.9 | ||
| Fwd PE | 4.03 |
4.2 Price Multiples
SHIP's Enterprise Value to EBITDA ratio is in line with the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 7.72 |
4.3 Compensation for Growth
A more expensive valuation may be justified as SHIP's earnings are expected to grow with 22.69% in the coming years.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y0.39%
EPS Next 3Y22.69%
5. Dividend
5.1 Amount
SHIP has a Yearly Dividend Yield of 2.18%.
Compared to an average industry Dividend Yield of 6.59, SHIP has a dividend in line with its industry peers.
Compared to an average S&P500 Dividend Yield of 2.41, SHIP has a dividend comparable with the average S&P500 company.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.18% |
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
107.17% of the earnings are spent on dividend by SHIP. This is not a sustainable payout ratio.
DP107.17%
EPS Next 2Y0.39%
EPS Next 3Y22.69%
NASDAQ:SHIP (10/1/2025, 11:37:11 AM)
8.57
+0.31 (+3.75%)
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 Cap179.11M
Analysts84
Price Target12.88 (50.29%)
Short Float %3.77%
Short Ratio3.45
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.18% |
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)7.45%
PT rev (3m)14.12%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-54.42%
EPS NY rev (1m)52.75%
EPS NY rev (3m)5.36%
Revenue NQ rev (1m)-0.02%
Revenue NQ rev (3m)-0.26%
Revenue NY rev (1m)1.27%
Revenue NY rev (3m)-0.19%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 11.9 | ||
| Fwd PE | 4.03 | ||
| P/S | 1.21 | ||
| P/FCF | N/A | ||
| P/OCF | 3.17 | ||
| P/B | 0.69 | ||
| P/tB | 0.7 | ||
| EV/EBITDA | 7.72 |
EPS(TTM)0.72
EY8.4%
EPS(NY)2.13
Fwd EY24.82%
FCF(TTM)-0.69
FCFYN/A
OCF(TTM)2.7
OCFY31.53%
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 | -0.17 |
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-80.99%
EPS Next 2Y0.39%
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-13.44%
Revenue Next 2Y-1.88%
Revenue Next 3Y10.92%
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%