9.5 USD
+0.28 (+3.04%)
9.3 USD
-0.2 (-2.11%)
SHIP gets a fundamental rating of 4 out of 10. The analysis compared the fundamentals 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 has a correct valuation and a medium growth rate.
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.
1.2 Ratios
SHIP has a Return On Assets of 2.44%. This is comparable to the rest of the industry: SHIP outperforms 55.56% of its industry peers.
The Return On Equity of SHIP (5.66%) is better than 63.89% of its industry peers.
SHIP's Return On Invested Capital of 5.55% is fine compared to the rest of the industry. SHIP outperforms 63.89% 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 18.49%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.44% | ||
| ROE | 5.66% | ||
| ROIC | 5.55% |
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 of 9.87%. This is comparable to the rest of the industry: SHIP outperforms 55.56% of its industry peers.
SHIP's Profit Margin has declined in the last couple of years.
The Operating Margin of SHIP (23.94%) is better than 66.67% of its industry peers.
In the last couple of years the Operating Margin of SHIP has grown nicely.
SHIP has a better Gross Margin (63.13%) than 77.78% of its industry peers.
In the last couple of years the Gross Margin of SHIP has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 23.94% | ||
| PM (TTM) | 9.87% | ||
| 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.
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.
Compared to 1 year ago, SHIP has an improved debt to assets ratio.
2.2 Solvency
SHIP has an Altman-Z score of -0.12. 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 (-0.12) is worse than 83.33% of its industry peers.
A Debt/Equity ratio of 0.95 indicates that SHIP is somewhat dependend on debt financing.
The Debt to Equity ratio of SHIP (0.95) is worse than 75.00% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.95 | ||
| Debt/FCF | N/A | ||
| Altman-Z | -0.12 |
ROIC/WACC0.59
WACC9.48%
2.3 Liquidity
SHIP has a Current 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 Current ratio of 0.39. This is amonst the worse of the industry: SHIP underperforms 94.44% 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.
Looking at the Quick ratio, with a value of 0.37, SHIP is doing worse than 94.44% of the companies in the same industry.
| 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 -74.36%.
The Earnings Per Share has been decreasing by -5.37% on average over the past years.
The Revenue has grown by 51.91% in the past year. This is a very strong growth!
Measured over the past years, SHIP shows a quite strong growth in Revenue. The Revenue has been growing by 14.12% on average per year.
EPS 1Y (TTM)-74.36%
EPS 3Y-5.37%
EPS 5YN/A
EPS Q2Q%-19.67%
Revenue 1Y (TTM)51.91%
Revenue growth 3Y3.03%
Revenue growth 5Y14.12%
Sales Q2Q%5.94%
3.2 Future
SHIP is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 22.69% yearly.
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-70.75%
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
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
A Price/Earnings ratio of 15.83 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 25.45. SHIP is valued slightly cheaper when compared to this.
The Price/Forward Earnings ratio is 5.36, which 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 77.78% 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 (34.46), we can say SHIP is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 15.83 | ||
| Fwd PE | 5.36 |
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 | 8.14 |
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 5.64%, SHIP is a good candidate for dividend investing.
SHIP's Dividend Yield is rather good when compared to the industry average which is at 7.61. SHIP pays more dividend than 86.11% of the companies in the same industry.
Compared to an average S&P500 Dividend Yield of 2.42, SHIP pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.64% |
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 107.34% of its income as dividend. This is not a sustainable payout ratio.
DP107.34%
EPS Next 2Y-8.37%
EPS Next 3Y22.69%
9.5
+0.28 (+3.04%)
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 Cap200.54M
Revenue(TTM)167.46M
Net Income(TTM)14.58M
Analysts84
Price Target13.39 (40.95%)
Short Float %1.92%
Short Ratio1.67
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.64% |
Yearly Dividend0.54
Dividend Growth(5Y)N/A
DP107.34%
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)3.96%
PT rev (3m)11.7%
EPS NQ rev (1m)0%
EPS NQ rev (3m)120.55%
EPS NY rev (1m)-0.41%
EPS NY rev (3m)134.95%
Revenue NQ rev (1m)0.82%
Revenue NQ rev (3m)7.68%
Revenue NY rev (1m)0%
Revenue NY rev (3m)4.58%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 15.83 | ||
| Fwd PE | 5.36 | ||
| P/S | 1.36 | ||
| P/FCF | N/A | ||
| P/OCF | 3.55 | ||
| P/B | 0.78 | ||
| P/tB | 0.78 | ||
| EV/EBITDA | 8.14 |
EPS(TTM)0.6
EY6.32%
EPS(NY)1.77
Fwd EY18.65%
FCF(TTM)-0.67
FCFYN/A
OCF(TTM)2.68
OCFY28.18%
SpS7
BVpS12.21
TBVpS12.17
PEG (NY)N/A
PEG (5Y)N/A
Graham Number12.84
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.44% | ||
| ROE | 5.66% | ||
| ROCE | 7.03% | ||
| ROIC | 5.55% | ||
| ROICexc | 5.7% | ||
| ROICexgc | 5.71% | ||
| OM | 23.94% | ||
| PM (TTM) | 9.87% | ||
| 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 | ||
| Cap/Depr | 277.24% | ||
| Cap/Sales | 47.85% | ||
| Interest Coverage | 1.68 | ||
| Cash Conversion | 92.86% | ||
| Profit Quality | N/A | ||
| Current Ratio | 0.39 | ||
| Quick Ratio | 0.37 | ||
| Altman-Z | -0.12 |
F-Score4
WACC9.48%
ROIC/WACC0.59
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-5.37%
EPS 5YN/A
EPS Q2Q%-19.67%
EPS Next Y-70.75%
EPS Next 2Y-8.37%
EPS Next 3Y22.69%
EPS Next 5YN/A
Revenue 1Y (TTM)51.91%
Revenue growth 3Y3.03%
Revenue growth 5Y14.12%
Sales Q2Q%5.94%
Revenue Next Year-10.62%
Revenue Next 2Y-0.03%
Revenue Next 3Y6.47%
Revenue Next 5YN/A
EBIT growth 1Y-28.1%
EBIT growth 3Y-1.27%
EBIT growth 5Y39.22%
EBIT Next Year12.35%
EBIT Next 3Y27.32%
EBIT Next 5YN/A
FCF growth 1Y-4.96%
FCF growth 3YN/A
FCF growth 5Y4.05%
OCF growth 1Y183.29%
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 4 / 10 to SHIP.
Can you provide the valuation status for SEANERGY MARITIME HOLDINGS?
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.
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 -70.75% in the next year.