-1.28%
-1.56%
-25.64%
-23.09%
-5.59%
-35.17%
-87.79%
AI Spotlight on SHIP
Company Description
Seanergy Maritime Holdings Corp., a shipping company, engages in the seaborne transportation of dry bulk commodities worldwide.It operates a fleet of 17 Capesize vessels with a cargo-carrying capacity of approximately 3,011,083 deadweight tons.The company was formerly known as Seanergy Merger Corp.
and changed its name to Seanergy Maritime Holdings Corp.in July 2008.Seanergy Maritime Holdings Corp.
was incorporated in 2008 and is based in Athens, Greece.
Market Data
| Last Price | 6.93 |
| Change Percentage | -1.28% |
| Open | 7.03 |
| Previous Close | 7.02 |
| Market Cap ( Millions) | 143 |
| Volume | 130023 |
| Year High | 13.19 |
| Year Low | 6.55 |
| M A 50 | 7.36 |
| M A 200 | 9.72 |
Financial Ratios
| FCF Yield | 31.40% |
| Dividend Yield | 10.97% |
| ROE | 19.14% |
| Debt / Equity | 90.67% |
| Net Debt / EBIDTA | 240.48% |
| Price To Book | 0.52 |
| Price Earnings Ratio | 2.88 |
| Price To FCF | 3.18 |
| Price To sales | 0.86 |
| EV / EBITDA | 4.15 |
News
- Jan -29 - Seanergy Maritime Holdings Corp (SHIP) Advances While Market Declines: Some Information for Investors
- Jan -21 - OCEANIA CRUISES REPRISES ITS SIGNATURE FRENCH RESTAURANT, JACQUES, IN CULINARY LINEUP ABOARD NEW SHIP ALLURA™, LAUNCHING JULY 2025
- Jan -09 - Seanergy Maritime: Recent Decline Created A High Probability Investment Opportunity
- Nov -05 - Seanergy Maritime Holdings Corp. (SHIP) Q3 2024 Earnings Call Transcript
- Nov -05 - Seanergy Maritime Holdings Corp (SHIP) Q3 Earnings and Revenues Top Estimates
- Nov -05 - Seanergy Maritime Reports Third Quarter and Nine Months Financial Results for the Periods Ended September 30, 2024
- Nov -04 - Seanergy Maritime Shareholders Overwhelmingly Re-Elect Seanergy Nominees at 2024 Annual Meeting
- Nov -01 - Seanergy Maritime Releases its 2023 Environmental, Social and Governance Report
- Nov -01 - What's in the Offing for Seanergy Maritime in Q3 Earnings?
- Oct -30 - Seanergy Maritime Announces the Date for the Third Quarter and Nine Months Ended September 30, 2024, Financial Results, Conference Call and Webcast
- Oct -29 - Seanergy Maritime Issues Statement on Court's Dismissal of Economou's Litigation
- Oct -28 - Seanergy Maritime Holdings Corp (SHIP) Stock Slides as Market Rises: Facts to Know Before You Trade
- Oct -22 - Seanergy Maritime Holdings Corp (SHIP) Suffers a Larger Drop Than the General Market: Key Insights
- Oct -16 - Seanergy Maritime Holdings Corp (SHIP) Surpasses Market Returns: Some Facts Worth Knowing
- Oct -15 - Seanergy Maritime Issues Investor Presentation Highlighting Value Creation Strategy
- Oct -10 - Seanergy Maritime Holdings Corp (SHIP) Declines More Than Market: Some Information for Investors
- Oct -08 - Seanergy Maritime Mails CEO Letter to Shareholders
- Oct -02 - Why Seanergy Maritime Holdings Corp (SHIP) Outpaced the Stock Market Today
- Sep -26 - Seanergy Maritime Holdings Corp (SHIP) Laps the Stock Market: Here's Why
- Sep -25 - 3 Shipping Stocks to Buy Now Despite Industry Headwinds
Business Breakdown
Expected Mid-Term Growth
Segment n°1 -> Time Charters
Expected Growth : 8 %
What the company do ?
Time Charters from Seanergy Maritime Holdings Corp. refer to a contract where a shipowner hires out a vessel for a set period to a charterer, who pays a daily rate for its use.
Why we expect these perspectives ?
Seanergy Maritime Holdings Corp.'s 8% growth in Time Charters is driven by increasing demand for dry bulk commodities, rising global trade, and a growing fleet size. Additionally, the company's focus on cost-effective operations, strategic vessel acquisitions, and a strong balance sheet contribute to its growth momentum.
Segment n°2 -> Fees from Related Parties
Expected Growth : 10 %
What the company do ?
Fees from Related Parties in Seanergy Maritime Holdings Corp. refers to costs incurred from transactions with affiliated entities, such as management fees, charter hire, and other expenses.
Why we expect these perspectives ?
Seanergy Maritime Holdings Corp.'s 10% growth in Fees from Related Parties is driven by increased vessel management services, higher charter rates, and a growing fleet size. Additionally, the company's strategic partnerships and joint ventures have contributed to the rise in fees from related parties, further solidifying its position in the maritime industry.
Seanergy Maritime Holdings Corp. Products
| Product Range | What is it ? |
|---|---|
| Dry Bulk Shipping | Seanergy Maritime Holdings Corp. provides dry bulk shipping services, offering transportation of dry bulk commodities such as iron ore, coal, and grains. |
| Capesize Vessels | The company operates a fleet of Capesize vessels, which are among the largest dry bulk carriers in the world, providing efficient and cost-effective transportation of bulk commodities. |
| Panamax Vessels | Seanergy Maritime Holdings Corp. also operates a fleet of Panamax vessels, which are ideal for transporting smaller bulk cargoes and navigating through the Panama Canal. |
| Supramax Vessels | The company's Supramax vessels offer flexibility and versatility in transporting a wide range of dry bulk commodities, including grains, minerals, and metals. |
| Ship Management Services | Seanergy Maritime Holdings Corp. provides ship management services, including technical management, crew management, and commercial management. |
Seanergy Maritime Holdings Corp.'s Porter Forces
Threat Of Substitutes
The threat of substitutes for Seanergy Maritime Holdings Corp. is medium due to the availability of alternative transportation methods, such as air and land transportation, which can substitute for sea transportation.
Bargaining Power Of Customers
The bargaining power of customers for Seanergy Maritime Holdings Corp. is low due to the company's strong market position and the lack of concentration among its customers.
Bargaining Power Of Suppliers
The bargaining power of suppliers for Seanergy Maritime Holdings Corp. is medium due to the presence of a few large suppliers of vessels and equipment, which can exert some pressure on the company.
Threat Of New Entrants
The threat of new entrants for Seanergy Maritime Holdings Corp. is high due to the relatively low barriers to entry in the shipping industry, which can lead to increased competition.
Intensity Of Rivalry
The intensity of rivalry for Seanergy Maritime Holdings Corp. is high due to the highly competitive nature of the shipping industry, which can lead to price wars and reduced profit margins.
Strength
Capital Structure
| Value | |
|---|---|
| Debt Weight | 50.46% |
| Debt Cost | 7.99% |
| Equity Weight | 49.54% |
| Equity Cost | 7.99% |
| WACC | 7.99% |
| Leverage | 101.85% |
Seanergy Maritime Holdings Corp. : Quality Control
Seanergy Maritime Holdings Corp. passed 2 out of 9 key points:
Historical Valuation
Price/Earnings Ratio
Margin Valuation
Peers Valuation
Competitors
| Company | Rational |
|---|---|
| CADLR.OL | Cadeler A/S operates as an offshore wind farm transportation and installation contractor in Denmark. The company also provides wind farm maintenance, construction, decommissioning, and other tasks within the offshore industry. … |
| EDRY | EuroDry Ltd., through its subsidiaries, provides ocean-going transportation services worldwide. The company owns and operates drybulk carriers that transport major bulks, such as iron ore, coal, and grains; and minor … |
| KNOP | KNOT Offshore Partners LP owns, acquires, and operates shuttle tankers under long-term charters in the North Sea and Brazil. The company provides loading, transportation, discharge, and storage of crude oil … |
| ZIM | ZIM Integrated Shipping Services Ltd., together with its subsidiaries, provides container shipping and related services in Israel and internationally. It provides door-to-door and port-to-port transportation services for various types of … |
| HHFA.DE | Hamburger Hafen und Logistik Aktiengesellschaft operates as a port and transport logistics company in Germany, rest of European Union, and internationally. It operates through four segments: Container, Intermodal, Logistics, and … |
Peers Metrics
DCF BETA
Expected Cash-Flows
Scoring Insights
Peers Group Analysis
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ZIM Shipping
A-Score
1-Year Total Return ->
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HHLA
A-Score
1-Year Total Return ->
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Seanergy Maritime Holdings
A-Score
1-Year Total Return ->
4
Cadeler
A-Score
1-Year Total Return ->
5
KNOT Offshore Partners
A-Score
1-Year Total Return ->
6
