SEANERGY MARITIME HOLDINGS (SHIP) Stock Fundamental Analysis
USA - NASDAQ:SHIP - MHY737604006 - Common Stock
8.77 USD
-0.33 (-3.63%)
Taking everything into account, SHIP scores 4 out of 10 in our fundamental rating. SHIP was compared to 35 industry peers in the Marine Transportation industry. SHIP has a medium profitability rating, but doesn't score so well on its financial health evaluation. 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.
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
The Return On Assets of SHIP (2.44%) is comparable to the rest of the industry.
SHIP's Return On Equity of 5.66% is fine compared to the rest of the industry. SHIP outperforms 62.86% of its industry peers.
SHIP's Return On Invested Capital of 5.51% is fine compared to the rest of the industry. SHIP outperforms 62.86% of its industry peers.
SHIP had an Average Return On Invested Capital over the past 3 years of 6.17%. This is in line with the industry average of 7.67%.
| 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
The Profit Margin of SHIP (9.88%) is comparable to the rest of the 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.
The Gross Margin of SHIP (63.13%) is better than 77.14% of its industry peers.
SHIP's Gross Margin has improved in the last couple of years.
| 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
The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so SHIP is destroying value.
The number of shares outstanding for SHIP has been increased compared to 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
Based on the Altman-Z score of -0.14, we must say that SHIP is in the distress zone and has some risk of bankruptcy.
SHIP has a worse Altman-Z score (-0.14) than 77.14% of its industry peers.
SHIP has a Debt/Equity ratio of 0.95. This is a neutral value indicating 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 | -0.14 |
ROIC/WACC0.56
WACC9.78%
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 88.57% of its industry peers.
A Quick Ratio of 0.37 indicates that SHIP may have some problems paying its short term obligations.
Looking at the Quick ratio, with a value of 0.37, SHIP is doing worse than 88.57% 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 -50.34%.
SHIP shows a decrease in Earnings Per Share. Measured over the last years, the EPS has been decreasing by -5.37% yearly.
SHIP shows a very negative growth in Revenue. In the last year, the Revenue has decreased by -19.54%.
The Revenue has been growing by 14.12% on average over the past years. This is quite good.
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
SHIP is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 35.00% yearly.
SHIP is expected to show quite a strong growth in Revenue. In the coming years, the Revenue will grow by 10.92% yearly.
EPS Next Y-87.55%
EPS Next 2Y-16.86%
EPS Next 3Y35%
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
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.
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
With a Price/Earnings ratio of 12.18, SHIP is valued correctly.
SHIP's Price/Earnings ratio is a bit cheaper when compared to the industry. SHIP is cheaper than 62.86% of the companies in the same industry.
SHIP's Price/Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 27.38.
A Price/Forward Earnings ratio of 6.01 indicates a rather cheap valuation of SHIP.
SHIP's Price/Forward Earnings ratio is a bit cheaper when compared to the industry. SHIP is cheaper than 74.29% of the companies in the same industry.
Compared to an average S&P500 Price/Forward Earnings ratio of 22.86, SHIP is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 12.18 | ||
| Fwd PE | 6.01 |
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 | 8.01 |
4.3 Compensation for Growth
SHIP has a very decent profitability rating, which may justify a higher PE ratio.
A more expensive valuation may be justified as SHIP's earnings are expected to grow with 35.00% in the coming years.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y-16.86%
EPS Next 3Y35%
5. Dividend
5.1 Amount
SHIP has a Yearly Dividend Yield of 2.20%.
SHIP's Dividend Yield is comparable with the industry average which is at 6.76.
SHIP's Dividend Yield is comparable with the S&P500 average which is at 2.38.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.2% |
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 107.17% of its income as dividend. This is not a sustainable payout ratio.
DP107.17%
EPS Next 2Y-16.86%
EPS Next 3Y35%
NASDAQ:SHIP (9/19/2025, 8:00:02 PM)
8.77
-0.33 (-3.63%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupTransportation
GICS IndustryMarine Transportation
Earnings (Last)
Earnings (Next)
Inst Owners12.08%
Inst Owner ChangeN/A
Ins Owners10.48%
Ins Owner ChangeN/A
Market Cap183.29M
Analysts84
Price Target12.88 (46.86%)
Short Float %3.16%
Short Ratio3.02
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.2% |
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)14.12%
PT rev (3m)8.6%
EPS NQ rev (1m)-41.23%
EPS NQ rev (3m)-54.42%
EPS NY rev (1m)-31.03%
EPS NY rev (3m)-65.55%
Revenue NQ rev (1m)-5.58%
Revenue NQ rev (3m)-0.26%
Revenue NY rev (1m)-1.31%
Revenue NY rev (3m)-0.84%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 12.18 | ||
| Fwd PE | 6.01 | ||
| P/S | 1.24 | ||
| P/FCF | N/A | ||
| P/OCF | 3.25 | ||
| P/B | 0.71 | ||
| P/tB | 0.71 | ||
| EV/EBITDA | 8.01 |
EPS(TTM)0.72
EY8.21%
EPS(NY)1.46
Fwd EY16.63%
FCF(TTM)-0.69
FCFYN/A
OCF(TTM)2.7
OCFY30.81%
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 | -0.14 |
F-Score4
WACC9.78%
ROIC/WACC0.56
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-87.55%
EPS Next 2Y-16.86%
EPS Next 3Y35%
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 Year16.66%
EBIT Next 3Y36.72%
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%