-3.97%
0.44%
9.89%
-39.73%
-33.40%
58.78%
-30.96%
AI Spotlight on SMHI
Company Description
SEACOR Marine Holdings Inc.provides marine and support transportation services to offshore oil, natural gas, and windfarm facilities worldwide.Its offshore support and specialty vessels deliver cargo and personnel to offshore installations, including wind farms; handle anchors and mooring equipment required to tether rigs to the seabed; assist in placing them on location and moving them between regions; provide construction, well work-over, maintenance, and decommissioning support; and carry and launch equipment used underwater in drilling and well installation, maintenance, inspection, and repair, as well as offer accommodations for technicians and specialists, safety support, and emergency response services.
As of December 31, 2021, the company operated a fleet of 81 support and specialty vessels, of which 60 were owned or leased-in, 20 were joint-ventured, and 1 was managed on behalf of unaffiliated third parties.It serves integrated oil companies, large independent oil and natural gas exploration and production companies, and emerging independent companies, as well as windfarm operations and installation contractors.The company was founded in 1989 and is headquartered in Houston, Texas.
Market Data
| Last Price | 6.78 |
| Change Percentage | -3.97% |
| Open | 7.05 |
| Previous Close | 7.06 |
| Market Cap ( Millions) | 187 |
| Volume | 243612 |
| Year High | 15.36 |
| Year Low | 5.8 |
| M A 50 | 6.65 |
| M A 200 | 10.16 |
Financial Ratios
| FCF Yield | -15.05% |
| Dividend Yield | 0.00% |
| ROE | -13.34% |
| Debt / Equity | 93.83% |
| Net Debt / EBIDTA | 793.30% |
| Price To Book | 0.58 |
| Price Earnings Ratio | -4.08 |
| Price To FCF | -6.65 |
| Price To sales | 0.67 |
| EV / EBITDA | 13.46 |
News
- Dec -02 - SEACOR Marine Announces Complete Debt Refinancing, Newbuild Orders, and Vessel Sales
- Nov -03 - Seacor Marine: Downgrading On Poor Results And Weak Near-Term Prospects - Hold
- Oct -30 - SEACOR Marine Announces Third Quarter 2024 Results
- Sep -20 - U.S. Offshore Support Vessels Market, Forecast to 2029 with Strategic Analysis of Tidewater, Hornbeck Offshore Services, SEACOR Marine Holdings, Edison Chouest Offshore, GulfMark Energy & More
- Sep -19 - SEACOR Marine Announces Appointment to the Board of Directors
- Aug -04 - Seacor Marine Holdings: Another Bad Quarter Provides Buying Opportunity
- Jul -31 - Seacor Marine (SMHI) Reports Q2 Loss, Tops Revenue Estimates
- Jul -31 - SEACOR Marine Announces Second Quarter 2024 Results
- May -01 - Seacor Marine (SMHI) Reports Q1 Loss, Lags Revenue Estimates
- May -01 - SEACOR Marine Announces First Quarter 2024 Results
- Mar -11 - Seacor Marine: Deepening OSV Deficit And Improved Financials, Rating Upgrade To Buy
- Feb -29 - SEACOR Marine Announces Fourth Quarter 2023 Results
- Jan -25 - SEACOR Marine Announces Upgrade of Four PSVs with Kongsberg Maritime Energy Storage Systems
- Nov -04 - SEACOR Marine: Good Company, But Not Good Enough
- Nov -01 - SEACOR Marine Announces Third Quarter 2023 Results
- Oct -03 - Seacor Marine Holdings Addresses Near-Term Debt Maturities - Buy
- Sep -11 - SEACOR Marine Announces Comprehensive Refinancing Transaction
- Sep -07 - SEACOR Marine Publishes 2022-2023 Sustainability Report
- Aug -02 - SEACOR Marine Announces Second Quarter 2023 Results
- Jun -01 - Seacor Marine Holdings: Business Has Reached An Inflection Point - Buy
Business Breakdown
Expected Mid-Term Growth
Segment n°1 -> Time Charter
Expected Growth : 10 %
What the company do ?
Time Charter is a contract where SEACOR Marine Holdings Inc. charters a vessel for a specific period, providing operational control to the charterer.
Why we expect these perspectives ?
SEACOR Marine Holdings Inc.'s 10% Time Charter growth driven by increasing offshore oil and gas exploration, rising demand for marine transportation services, and expansion into new markets. Additionally, the company's modern fleet and operational efficiency improvements contribute to revenue growth.
Segment n°2 -> Other
Expected Growth : 8 %
What the company do ?
SEACOR Marine Holdings Inc.'s 'Other' segment includes its inland ervices, anchor handling, and other businesses.
Why we expect these perspectives ?
SEACOR Marine Holdings Inc.'s 8% growth is driven by increasing demand for offshore oil and gas services, expansion into new markets, and strategic acquisitions. Additionally, the company's focus on cost reduction and operational efficiencies has improved profitability, contributing to its growth momentum.
Segment n°3 -> Bareboat Charter
Expected Growth : 11 %
What the company do ?
Bareboat Charter from SEACOR Marine Holdings Inc. allows customers to lease vessels without crew, providing operational control and flexibility for cargo transportation.
Why we expect these perspectives ?
SEACOR Marine Holdings Inc.'s 11% growth in Bareboat Charter is driven by increasing demand for offshore oil and gas exploration, rising deepwater production, and growing need for specialized vessels. Additionally, the company's strategic fleet expansion, operational efficiencies, and strong customer relationships contribute to its growth momentum.
Seacor Marine Holdings Inc. Products
| Product Range | What is it ? |
|---|---|
| Offshore Marine Services | SEACOR Marine Holdings Inc. provides offshore marine services, including transportation of personnel, cargo, and equipment to offshore oil and gas platforms, drilling rigs, and other installations. |
| Liner and Short-Sea Services | The company offers liner and short-sea services, which include the transportation of cargo, such as containers, project cargo, and breakbulk cargo, over short distances. |
| Wet Towage Services | SEACOR Marine Holdings Inc. provides wet towage services, which involve the towing of oil tankers, cargo ships, and other vessels. |
| Dry Docking and Repair Services | The company offers dry docking and repair services for vessels, including maintenance, repair, and upgrade services. |
| Logistics and Agency Services | SEACOR Marine Holdings Inc. provides logistics and agency services, including customs clearance, freight forwarding, and vessel agency services. |
SEACOR Marine Holdings Inc.'s Porter Forces
Threat Of Substitutes
SEACOR Marine Holdings Inc. operates in a niche market with limited substitutes, but the threat of substitutes is still present due to the availability of alternative transportation methods.
Bargaining Power Of Customers
SEACOR Marine Holdings Inc. has a diverse customer base, which reduces the bargaining power of individual customers. Additionally, the company's specialized services make it difficult for customers to switch to alternative providers.
Bargaining Power Of Suppliers
SEACOR Marine Holdings Inc. relies on a few key suppliers for its operations, which gives them some bargaining power. However, the company's size and diversified operations mitigate this risk to some extent.
Threat Of New Entrants
The threat of new entrants is low due to the high barriers to entry in the offshore marine services industry, including significant capital requirements and regulatory hurdles.
Intensity Of Rivalry
The offshore marine services industry is highly competitive, with several established players competing for market share. SEACOR Marine Holdings Inc. must continually innovate and improve its services to maintain its market position.
Capital Structure
| Value | |
|---|---|
| Debt Weight | 45.92% |
| Debt Cost | 3.95% |
| Equity Weight | 54.08% |
| Equity Cost | 10.24% |
| WACC | 7.35% |
| Leverage | 84.92% |
SEACOR Marine Holdings Inc. : Quality Control
SEACOR Marine Holdings Inc. passed 1 out of 9 key points:
Historical Valuation
Price/Earnings Ratio
Margin Valuation
Peers Valuation
Competitors
| Company | Rational |
|---|---|
| PANL | Pangaea Logistics Solutions, Ltd., together with its subsidiaries, provides seaborne dry bulk logistics and transportation services to industrial customers worldwide. The company offers various dry bulk cargoes, such as grains, … |
| GNK | Genco Shipping & Trading Limited, together with its subsidiaries, engages in the ocean transportation of dry bulk cargoes worldwide. The company owns and operates dry bulk carrier vessels to transports … |
| TWIN | Twin Disc, Incorporated designs, manufactures, and sells marine and heavy duty off-highway power transmission equipment worldwide. It operates through two segments, Manufacturing and Distribution. The company's products include marine transmissions, … |
| KEX | Kirby Corporation operates domestic tank barges in the United States. Its Marine Transportation segment provides marine transportation service and towing vessel transporting bulk liquid product, as well as operates tank … |
| VTSI | VirTra, Inc. provides force training simulators and firearms training simulators for law enforcement, military, educational, and commercial markets worldwide. It offers V-300 simulator, a 300 degree wrap-around screen for simulation … |
Peers Metrics
DCF BETA
Expected Cash-Flows
Scoring Insights
Peers Group Analysis
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Genco Shipping & Trading
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1-Year Total Return ->
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Pangaea Logistics Solutions
A-Score
1-Year Total Return ->
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Kirby
A-Score
1-Year Total Return ->
4
Twin Disc
A-Score
1-Year Total Return ->
5
VirTra
A-Score
1-Year Total Return ->
6
