10.57 USD
+0.34 (+3.32%)
10.82 USD
+0.25 (+2.37%)
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 has a correct valuation and a medium growth rate.
1. Profitability
1.1 Basic Checks
SHIP had positive earnings in the past year.
SHIP had a positive operating cash flow in the past year.
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 54.29% of its industry peers.
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.
SHIP has a better Return On Invested Capital (5.55%) than 62.86% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for SHIP is significantly below the industry average of 18.17%.
| 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 (9.87%) which is comparable to the rest of the industry.
In the last couple of years the Profit Margin of SHIP has declined.
The Operating Margin of SHIP (23.94%) is better than 68.57% of its industry peers.
SHIP's Operating Margin has improved in the last couple of years.
The Gross Margin of SHIP (63.13%) 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 | 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.
The debt/assets ratio for SHIP has been reduced compared to a year ago.
2.2 Solvency
SHIP has an Altman-Z score of -0.09. This is a bad value and indicates that SHIP is not financially healthy and even has some risk of bankruptcy.
SHIP has a Altman-Z score of -0.09. This is amonst the worse of the industry: SHIP underperforms 82.86% of its industry peers.
A Debt/Equity ratio of 0.95 indicates that SHIP is somewhat dependend on debt financing.
With a Debt to Equity ratio value of 0.95, SHIP is not doing good in the industry: 74.29% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.95 | ||
| Debt/FCF | N/A | ||
| Altman-Z | -0.09 |
ROIC/WACC0.59
WACC9.37%
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 worse Current ratio (0.39) than 94.29% 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.
SHIP has a worse Quick ratio (0.37) than 94.29% of its industry peers.
| 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%.
SHIP shows a decrease in Earnings Per Share. Measured over the last years, the EPS has been decreasing by -5.37% yearly.
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
The Earnings Per Share is expected to grow by 22.69% on average over the next years. This is a very strong growth
The Revenue is expected to grow by 6.47% on average over the next years.
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.
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
The Price/Earnings ratio is 17.62, which indicates a rather expensive current valuation of SHIP.
Compared to the rest of the industry, the Price/Earnings ratio of SHIP is on the same level as its industry peers.
SHIP is valuated rather cheaply when we compare the Price/Earnings ratio to 26.31, which is the current average of the S&P500 Index.
SHIP is valuated cheaply with a Price/Forward Earnings ratio of 5.97.
SHIP's Price/Forward Earnings ratio is a bit cheaper when compared to the industry. SHIP is cheaper than 77.14% of the companies in the same industry.
Compared to an average S&P500 Price/Forward Earnings ratio of 36.59, SHIP is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 17.62 | ||
| Fwd PE | 5.97 |
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 | 8.39 |
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
SHIP has a Yearly Dividend Yield of 5.08%, which is a nice return.
Compared to an average industry Dividend Yield of 7.57, SHIP pays a better dividend. On top of this SHIP pays more dividend than 85.71% of the companies listed in the same industry.
SHIP's Dividend Yield is rather good when compared to the S&P500 average which is at 2.40.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.08% |
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
107.34% of the earnings are spent on dividend by SHIP. This is not a sustainable payout ratio.
DP107.34%
EPS Next 2Y-8.37%
EPS Next 3Y22.69%
10.57
+0.34 (+3.32%)
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 Cap223.13M
Revenue(TTM)167.46M
Net Income(TTM)14.58M
Analysts84
Price Target13.39 (26.68%)
Short Float %1.92%
Short Ratio1.67
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.08% |
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 | 17.62 | ||
| Fwd PE | 5.97 | ||
| P/S | 1.51 | ||
| P/FCF | N/A | ||
| P/OCF | 3.95 | ||
| P/B | 0.87 | ||
| P/tB | 0.87 | ||
| EV/EBITDA | 8.39 |
EPS(TTM)0.6
EY5.68%
EPS(NY)1.77
Fwd EY16.76%
FCF(TTM)-0.67
FCFYN/A
OCF(TTM)2.68
OCFY25.33%
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 | -0.09 |
F-Score4
WACC9.37%
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.