9.5 USD
+0.28 (+3.04%)
9.3 USD
-0.2 (-2.11%)
Overall SHIP gets a fundamental rating of 4 out of 10. We evaluated SHIP 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 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
Looking at the Return On Assets, with a value of 2.44%, SHIP is in line with its industry, outperforming 54.29% of the companies in the same industry.
With a decent Return On Equity value of 5.65%, SHIP is doing good in the industry, outperforming 62.86% of the companies in the same industry.
The Return On Invested Capital of SHIP (5.60%) is better than 62.86% of its industry peers.
The Average Return On Invested Capital over the past 3 years for SHIP is significantly below the industry average of 18.49%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.44% | ||
| ROE | 5.65% | ||
| ROIC | 5.6% |
ROA(3y)3.82%
ROA(5y)2.74%
ROE(3y)8.21%
ROE(5y)4.46%
ROIC(3y)6.19%
ROIC(5y)N/A
1.3 Margins
With a Profit Margin value of 9.87%, SHIP perfoms like the industry average, outperforming 54.29% of the companies in the same industry.
In the last couple of years the Profit Margin of SHIP has declined.
With a decent Operating Margin value of 24.13%, SHIP is doing good in the industry, outperforming 65.71% of the companies in the same industry.
In the last couple of years the Operating Margin of SHIP has grown nicely.
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 | 24.13% | ||
| PM (TTM) | 9.87% | ||
| GM | 63.13% |
OM growth 3Y-4.13%
OM growth 5Y22.02%
PM growth 3Y-2.4%
PM growth 5YN/A
GM growth 3Y2.22%
GM growth 5Y14.39%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so SHIP is destroying value.
SHIP has about the same amout of shares outstanding than it did 1 year ago.
Compared to 5 years ago, SHIP has more shares outstanding
SHIP has a better debt/assets ratio than last year.
2.2 Solvency
SHIP has an Altman-Z score of -0.13. This is a bad value and indicates that SHIP is not financially healthy and even has some risk of bankruptcy.
With a Altman-Z score value of -0.13, SHIP is not doing good in the industry: 82.86% of the companies in the same industry are doing better.
SHIP has a Debt/Equity ratio of 0.95. This is a neutral value indicating SHIP is somewhat dependend on debt financing.
The Debt to Equity ratio of SHIP (0.95) is worse than 74.29% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.95 | ||
| Debt/FCF | N/A | ||
| Altman-Z | -0.13 |
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.
Looking at the Current ratio, with a value of 0.39, SHIP is doing worse than 94.29% of the companies in the same industry.
A Quick Ratio of 0.37 indicates that SHIP may have some problems paying its short term obligations.
With a Quick ratio value of 0.37, SHIP is not doing good in the industry: 94.29% of the companies in the same industry are doing better.
| 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.
Measured over the past years, SHIP shows a decrease in Earnings Per Share. The EPS has been decreasing by -5.37% on average per year.
The Revenue for SHIP has decreased by -19.54% in the past year. This is quite bad
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)-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 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
The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
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
Based on the Price/Earnings ratio of 13.19, the valuation of SHIP can be described as correct.
Compared to the rest of the industry, the Price/Earnings ratio of SHIP is on the same level as its industry peers.
Compared to an average S&P500 Price/Earnings ratio of 25.45, SHIP is valued a bit cheaper.
Based on the Price/Forward Earnings ratio of 5.36, the valuation of SHIP can be described as very cheap.
77.14% of the companies in the same industry are more expensive than SHIP, based on the Price/Forward Earnings ratio.
The average S&P500 Price/Forward Earnings ratio is at 34.46. SHIP is valued rather cheaply when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 13.19 | ||
| Fwd PE | 5.36 |
4.2 Price Multiples
SHIP's Enterprise Value to EBITDA is on the same level as the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 8.08 |
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 2Y-8.37%
EPS Next 3Y22.69%
5. Dividend
5.1 Amount
SHIP has a Yearly Dividend Yield of 5.63%, which is a nice return.
Compared to an average industry Dividend Yield of 7.39, SHIP pays a better dividend. On top of this SHIP pays more dividend than 82.86% of the companies listed in the same industry.
Compared to an average S&P500 Dividend Yield of 2.45, SHIP pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.63% |
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
109.05% of the earnings are spent on dividend by SHIP. This is not a sustainable payout ratio.
DP109.05%
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)147.72M
Net Income(TTM)14.58M
Analysts84
Price Target12.88 (35.58%)
Short Float %1.92%
Short Ratio1.67
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.63% |
Yearly Dividend0.55
Dividend Growth(5Y)N/A
DP109.05%
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)0%
PT rev (3m)14.12%
EPS NQ rev (1m)10.78%
EPS NQ rev (3m)5.92%
EPS NY rev (1m)53.81%
EPS NY rev (3m)62.06%
Revenue NQ rev (1m)0.92%
Revenue NQ rev (3m)-0.21%
Revenue NY rev (1m)1.31%
Revenue NY rev (3m)1.91%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 13.19 | ||
| Fwd PE | 5.36 | ||
| P/S | 1.36 | ||
| P/FCF | N/A | ||
| P/OCF | 3.58 | ||
| P/B | 0.78 | ||
| P/tB | 0.78 | ||
| EV/EBITDA | 8.08 |
EPS(TTM)0.72
EY7.58%
EPS(NY)1.77
Fwd EY18.65%
FCF(TTM)-0.66
FCFYN/A
OCF(TTM)2.65
OCFY27.92%
SpS7
BVpS12.22
TBVpS12.18
PEG (NY)N/A
PEG (5Y)N/A
Graham Number14.07
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.44% | ||
| ROE | 5.65% | ||
| ROCE | 7.09% | ||
| ROIC | 5.6% | ||
| ROICexc | 5.74% | ||
| ROICexgc | 5.76% | ||
| OM | 24.13% | ||
| PM (TTM) | 9.87% | ||
| GM | 63.13% | ||
| FCFM | N/A |
ROA(3y)3.82%
ROA(5y)2.74%
ROE(3y)8.21%
ROE(5y)4.46%
ROIC(3y)6.19%
ROIC(5y)N/A
ROICexc(3y)6.64%
ROICexc(5y)N/A
ROICexgc(3y)6.65%
ROICexgc(5y)N/A
ROCE(3y)7.84%
ROCE(5y)N/A
ROICexgc growth 3Y-8.5%
ROICexgc growth 5Y-18.07%
ROICexc growth 3Y-8.57%
ROICexc growth 5Y-18.1%
OM growth 3Y-4.13%
OM growth 5Y22.02%
PM growth 3Y-2.4%
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 | 280% | ||
| Cap/Sales | 47.39% | ||
| Interest Coverage | 1.7 | ||
| Cash Conversion | 92.35% | ||
| Profit Quality | N/A | ||
| Current Ratio | 0.39 | ||
| Quick Ratio | 0.37 | ||
| Altman-Z | -0.13 |
F-Score4
WACC9.48%
ROIC/WACC0.59
Cap/Depr(3y)199.59%
Cap/Depr(5y)381.72%
Cap/Sales(3y)33.66%
Cap/Sales(5y)52.38%
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-70.75%
EPS Next 2Y-8.37%
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-10.62%
Revenue Next 2Y-0.03%
Revenue Next 3Y6.47%
Revenue Next 5YN/A
EBIT growth 1Y-27.55%
EBIT growth 3Y-1.23%
EBIT growth 5Y39.25%
EBIT Next Year12.35%
EBIT Next 3Y27.32%
EBIT Next 5YN/A
FCF growth 1Y-3.78%
FCF growth 3YN/A
FCF growth 5Y5.64%
OCF growth 1Y180.7%
OCF growth 3Y-2.44%
OCF growth 5Y41.74%
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.