10.245 USD
+0.39 (+4.01%)
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 is valued correctly, but it does not seem to be growing.
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.
- 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
- SHIP's Return On Assets of 2.56% is fine compared to the rest of the industry. SHIP outperforms 62.86% of its industry peers.
- With a decent Return On Equity value of 5.54%, SHIP is doing good in the industry, outperforming 65.71% of the companies in the same industry.
| 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
- SHIP has a better Profit Margin (9.99%) than 62.86% of its industry peers.
- SHIP's Profit Margin has declined in the last couple of years.
- SHIP has a Operating Margin of 22.19%. This is in the better half of the industry: SHIP outperforms 71.43% of its industry peers.
- In the last couple of years the Operating Margin of SHIP has grown nicely.
- The Gross Margin of SHIP (60.81%) is better than 77.14% of its industry peers.
- In the last couple of years the Gross Margin of SHIP has grown nicely.
| 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.
- 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
- A Debt/Equity ratio of 1.06 is on the high side and indicates that SHIP has dependencies on debt financing.
- SHIP has a Debt to Equity ratio of 1.06. This is in the lower half of the industry: SHIP underperforms 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
WACC9.02%
2.3 Liquidity
- A Current Ratio of 0.73 indicates that SHIP may have some problems paying its short term obligations.
- The Current ratio of SHIP (0.73) is worse than 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.
- With a Quick ratio value of 0.70, SHIP is not doing good in the industry: 82.86% of the companies in the same industry are doing better.
| 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.
- SHIP shows a decrease in Earnings Per Share. Measured over the last years, the EPS has been decreasing by -4.20% yearly.
- 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
- The Earnings Per Share is expected to decrease by -8.21% on average over the next years.
- The Revenue is expected to grow by 1.35% on average over the next years.
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
- SHIP is valuated rather expensively with a Price/Earnings ratio of 17.07.
- SHIP's Price/Earnings is on the same level as the industry average.
- The average S&P500 Price/Earnings ratio is at 27.25. SHIP is valued slightly cheaper when compared to this.
- SHIP is valuated cheaply with a Price/Forward Earnings ratio of 7.11.
- Based on the Price/Forward Earnings ratio, SHIP is valued a bit cheaper than the industry average as 77.14% of the companies are valued more expensively.
- When comparing the Price/Forward Earnings ratio of SHIP to the average of the S&P500 Index (25.98), we can say SHIP is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 17.08 | ||
| Fwd PE | 7.11 |
4.2 Price Multiples
- Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of SHIP indicates a somewhat cheap valuation: SHIP is cheaper than 62.86% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 7.79 |
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
- With a Yearly Dividend Yield of 5.42%, SHIP is a good candidate for dividend investing.
- Compared to an average industry Dividend Yield of 5.57, SHIP pays a bit more dividend than its industry peers.
- SHIP's Dividend Yield is rather good when compared to the S&P500 average which is at 1.82.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.42% |
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 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%
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 17.08 and the Price/Book (PB) ratio is 0.8.
Can you provide the financial health for SHIP stock?
The financial health rating of SEANERGY MARITIME HOLDINGS (SHIP) is 0 / 10.