Seanergy Maritime Holdings Corp., an international shipping company, engages in the seaborne transportation of dry bulk commodities worldwide. More Details
Slightly overvalued with imperfect balance sheet.
Share Price & News
How has Seanergy Maritime Holdings's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: SHIP's share price has been volatile over the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: SHIP underperformed the US Shipping industry which returned -34.5% over the past year.
Return vs Market: SHIP underperformed the US Market which returned 13.6% over the past year.
Price Volatility Vs. Market
How volatile is Seanergy Maritime Holdings's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 month ago | Simply Wall StWill The ROCE Trend At Seanergy Maritime Holdings (NASDAQ:SHIP) Continue?
3 months ago | Simply Wall StDo Institutions Own Seanergy Maritime Holdings Corp. (NASDAQ:SHIP) Shares?
6 months ago | Simply Wall StAuditors Are Concerned About Seanergy Maritime Holdings (NASDAQ:SHIP)
Is Seanergy Maritime Holdings undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: SHIP ($0.45) is trading below our estimate of fair value ($1.57)
Significantly Below Fair Value: SHIP is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: SHIP is unprofitable, so we can't compare its PE Ratio to the US Shipping industry average.
PE vs Market: SHIP is unprofitable, so we can't compare its PE Ratio to the US market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate SHIP's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: SHIP's PB Ratio (0.2x) is in line with the US Shipping industry average.
How is Seanergy Maritime Holdings forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: SHIP is forecast to remain unprofitable over the next 3 years.
Earnings vs Market: SHIP is forecast to remain unprofitable over the next 3 years.
High Growth Earnings: SHIP is forecast to remain unprofitable over the next 3 years.
Revenue vs Market: SHIP's revenue (12.5% per year) is forecast to grow faster than the US market (9.7% per year).
High Growth Revenue: SHIP's revenue (12.5% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if SHIP's Return on Equity is forecast to be high in 3 years time
How has Seanergy Maritime Holdings performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: SHIP is currently unprofitable.
Growing Profit Margin: SHIP is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: SHIP is unprofitable, and losses have increased over the past 5 years at a rate of 6.8% per year.
Accelerating Growth: Unable to compare SHIP's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: SHIP is unprofitable, making it difficult to compare its past year earnings growth to the Shipping industry (-5%).
Return on Equity
High ROE: SHIP has a negative Return on Equity (-27.2%), as it is currently unprofitable.
How is Seanergy Maritime Holdings's financial position?
Financial Position Analysis
Short Term Liabilities: SHIP's short term assets ($36.1M) do not cover its short term liabilities ($219.3M).
Long Term Liabilities: SHIP's short term assets ($36.1M) exceed its long term liabilities ($18.6M).
Debt to Equity History and Analysis
Debt Level: SHIP's debt to equity ratio (332%) is considered high.
Reducing Debt: SHIP's debt to equity ratio has increased from 97.6% to 332% over the past 5 years.
Cash Runway Analysis
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: SHIP has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if SHIP has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.
What is Seanergy Maritime Holdings's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate SHIP's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate SHIP's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if SHIP's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if SHIP's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: SHIP is not paying a notable dividend for the US market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of SHIP's dividend in 3 years as they are not forecast to pay a notable one for the US market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Stamatios Tsantanis (48 yo)
Mr. Stamatios Tsantanis has been the Chief Executive Officer of Seanergy Maritime Holdings Corp. since October 1, 2012. He was Interim Chief Financial Officer of Seanergy Maritime Holdings Corp. from Novem ...
|Chairman & CEO||7.92yrs||no data||0.058% |
|CFO & Finance Director||1.92yrs||no data||no data|
|General Counsel & Corporate Secretary||12.67yrs||no data||no data|
Experienced Management: SHIP's management team is seasoned and experienced (7.9 years average tenure).
|Chairman & CEO||7.92yrs||no data||0.058% |
|Independent Director||14.08yrs||no data||no data|
|Independent Director||3.33yrs||no data||no data|
|Director||11.83yrs||no data||no data|
|Independent Director||11.33yrs||no data||no data|
Experienced Board: SHIP's board of directors are seasoned and experienced ( 11.3 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Dilution of Shares: Shareholders have been substantially diluted in the past year, with total shares outstanding growing by 4027.3%.
Seanergy Maritime Holdings Corp.'s company bio, employee growth, exchange listings and data sources
- Name: Seanergy Maritime Holdings Corp.
- Ticker: SHIP
- Exchange: NasdaqCM
- Industry: Marine
- Sector: Transportation
- Market Cap: US$29.835m
- Shares outstanding: 66.31m
- Website: https://www.seanergymaritime.com
Number of Employees
- Seanergy Maritime Holdings Corp.
- 154 Vouliagmenis Avenue
- 166 74
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|SHIP||NasdaqCM (Nasdaq Capital Market)||Yes||Common Shares||US||USD||Oct 2007|
|RHSR||DB (Deutsche Boerse AG)||Yes||Common Shares||DE||EUR||Oct 2007|
Seanergy Maritime Holdings Corp., an international shipping company, engages in the seaborne transportation of dry bulk commodities worldwide. It owns a fleet of ten Capesize bulk carriers with a cargo-car ...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/09/19 06:38|
|End of Day Share Price||2020/09/18 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.