SHIP Stock Analysis: Seanergy Maritime Holdings | NASDAQ
Marine Shipping | NASDAQ, USA | Market Cap: 351m USD | 12M Return: 139% | Charts, Fundamentals & Technical Analysis
Avg Turnover: 3.01M
Qual. Beats: 3
Rev. Trend: 83.7%
Qual. Beats: 0
Warnings
Tailwinds
Seasonality 10.5 years of data
How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, >40 gets interesting and >55 is strong.
Seanergy Maritime Holdings Corp. (NASDAQ: SHIP) is a Greece-based shipping company that transports dry bulk commodities such as iron ore and coal across global seaborne trade routes. The company operates a fleet of Capesize and Newcastlemax dry bulk vessels, which are among the largest classes of bulk carriers designed for long-haul, high-volume routes. Headquartered in Glyfada, the company was incorporated in 2008 following a merger and operates within the marine transportation segment of the industrials sector, where earnings are closely tied to global commodity demand and freight rate cycles.
- Baltic Dry Index climbs on China iron ore demand
- Capesize charter rates rise amid tight vessel supply
- Fleet expansion adds Newcastlemax capacity to capture freight upside
| Net Income: 37.0m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.04 > 0.02 and ΔFCF/TA 10.94 > 1.0 |
| NWC/Revenue: -10.90% < 20% (prev -20.03%; Δ 9.13% < -1%) |
| CFO/TA 0.10 > 3% & CFO 61.6m > Net Income 37.0m |
| Net Debt (251.1m) to EBITDA (96.5m): 2.60 < 3 |
| Current Ratio: 0.78 > 1.5 & < 3 |
| Outstanding Shares: last quarter (20.9m) vs 12m ago 3.84% < -2% |
| Gross Margin: 44.87% > 18% (prev 51.27%; Δ -6.40% > 0.5%) |
| Asset Turnover: 28.43% > 50% (prev 25.41%; Δ 3.01% > 0%) |
| Interest Coverage Ratio: 2.77 > 6 (EBIT TTM 59.1m / Interest Expense TTM 21.4m) |
| A: -0.03 (Total Current Assets 68.8m - Total Current Liabilities 88.1m) / Total Assets 640.0m |
| B: -0.50 (Retained Earnings -319.5m / Total Assets 640.0m) |
| C: 0.10 (EBIT TTM 59.1m / Avg Total Assets 621.7m) |
| D: 0.82 (Book Value of Equity 289.3m / Total Liabilities 350.7m) |
| Altman-Z'' = -0.32 = B |
As of July 29, 2026, the stock is trading at USD 16.07 with a total of 170,301 shares traded. Over the past week, the price has changed by +12.01%, over one month by +18.59%, over three months by +14.56% and over the past year by +139.01%.
Current recommended Stop Loss: 14.50 (which is 9.8% or 2.1 ATR below the current price).
Seanergy Maritime Holdings has received a consensus analysts rating of 4.75. Therefore, it is recommended to buy SHIP.
- StrongBuy: 3
- Buy: 1
- Hold: 0
- Sell: 0
- StrongSell: 0
| Analysts Target Price | 22 | 36.9% |
P/E Trailing = 8.9889
P/E Forward = 4.6904
P/S = 1.9836
P/B = 1.2119
Revenue TTM = 176.7m USD
EBIT TTM = 59.1m USD
EBITDA TTM = 96.5m USD
Long Term Debt = 319.7m USD (from longTermDebt, last quarter)
Short Term Debt = 55.0m USD (from shortTermDebt, last fiscal year)
Debt = 319.9m USD (from shortLongTermDebtTotal, last quarter) + Leases 214k
Net Debt = 251.1m USD (calculated: Debt 319.9m - CCE 68.8m)
Enterprise Value = 601.7m USD (350.6m + Debt 319.9m - CCE 68.8m)
Interest Coverage Ratio = 2.77 (Ebit TTM 59.1m / Interest Expense TTM 21.4m)
EV/FCF = 23.19x (Enterprise Value 601.7m / FCF TTM 25.9m)
FCF Yield = 4.31% (FCF TTM 25.9m / Enterprise Value 601.7m)
FCF Margin = 14.68% (FCF TTM 25.9m / Revenue TTM 176.7m)
Net Margin = 20.96% (Net Income TTM 37.0m / Revenue TTM 176.7m)
Gross Margin = 44.87% ((Revenue TTM 176.7m - Cost of Revenue TTM 97.4m) / Revenue TTM)
Gross Margin QoQ = 45.02% (prev 51.78%)
Tobins Q-Ratio = 0.94 (Enterprise Value 601.7m / Total Assets 640.0m)
Interest Expense / Debt = 6.68% (Interest Expense 21.4m / Debt 319.9m)
Taxrate = 21.0% (US federal default 21%)
NOPAT = 46.7m (EBIT 59.1m * (1 - 21.00%))
Current Ratio = 0.78 (Total Current Assets 68.8m / Total Current Liabilities 88.1m)
Debt / Equity = 1.11 (Debt 319.9m / totalStockholderEquity, last quarter 289.3m)
Debt / EBITDA = 2.60 (Net Debt 251.1m / EBITDA 96.5m)
Debt / FCF = 9.68 (Net Debt 251.1m / FCF TTM 25.9m)
Total Stockholder Equity = 274.9m (last 4 quarters mean from totalStockholderEquity)
RoA = 5.96% (Net Income 37.0m / Total Assets 640.0m)
RoE = 13.47% (Net Income TTM 37.0m / Total Stockholder Equity 274.9m)
RoCE = 9.94% (EBIT 59.1m / Capital Employed (Equity 274.9m + L.T.Debt 319.7m))
RoIC = 7.80% (NOPAT 46.7m / Invested Capital 598.1m)
WACC = 6.82% (E(350.6m)/V(670.5m) * Re(8.23%) + D(319.9m)/V(670.5m) * Rd(6.68%) * (1-Tc(0.21)))
Discount Rate = 8.23% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: 96.48 | Cagr: 4.24%
[DCF] Terminal Value 75.44% ; FCFF base≈25.9m ; Y1≈26.1m ; Y5≈27.6m
[DCF] Fair Price = 8.22 (EV 429.3m - Net Debt 251.1m = Equity 178.2m / Shares 21.7m; r=8.35% [WACC [floored]]; 5y FCF grow 0.0% → 2.50% )
EPS Correlation: N/A | EPS CAGR: N/A | SUE: 1.94 | # QB: 3
Revenue Correlation: 83.65 | Revenue CAGR: 19.07% | SUE: 0.14 | # QB: 0
EPS current Quarter (2026-06-30): EPS=1.06 | Chg30d=+23.12% | Revisions=+40% | Analysts=2
EPS next Quarter (2026-09-30): EPS=0.70 | Chg30d=-4.08% | Revisions=+25% | Analysts=2
EPS current Year (2026-12-31): EPS=3.19 | Chg30d=+5.45% | Revisions=+40% | GrowthEPS=+149.6% | GrowthRev=+25.2%
EPS next Year (2027-12-31): EPS=2.08 | Chg30d=-4.58% | Revisions=-25% | GrowthEPS=-34.7% | GrowthRev=-3.7%
[Analyst] Revisions Ratio: +44% (up=5, down=1)