SHIP Valuation

Seanergy Maritime Holdings Corp

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7.850

+0.07(0.900%)1D

Overview
Forecast
Valuation
Earnings

SHIP Relative Valuation

SHIP's fair value is calculated using relative valuation, based on historical P/E and P/S ranges and their premiums/discounts relative to a competitor average, adjusted by weights. If the market price exceeds this fair value range, SHIP is overvalued; if below, it's undervalued.

Historical Valuation

Seanergy Maritime Holdings Corp (SHIP) is now in the Fair zone, suggesting that its current forward PS ratio of 1.05 is considered Fairly compared with the five-year average of -12.87. The fair price of Seanergy Maritime Holdings Corp (SHIP) is between 5.12 to 8.71 according to relative valuation methord.

Relative Value

Fair Zone

5.12-8.71

Current Price：7.85

Fair

7.80

Trailing

Forward

6.09

EV/EBITDA

Seanergy Maritime Holdings Corp. (SHIP) has a current EV/EBITDA of 6.09. The 5-year average EV/EBITDA is 4.85. The thresholds are as follows: Strongly Undervalued below 2.29, Undervalued between 2.29 and 3.57, Fairly Valued between 6.13 and 3.57, Overvalued between 6.13 and 7.41, and Strongly Overvalued above 7.41. The current Forward EV/EBITDA of 6.09 falls within the Historic Trend Line -Fairly Valued range.

13.62

EV/EBIT

Seanergy Maritime Holdings Corp. (SHIP) has a current EV/EBIT of 13.62. The 5-year average EV/EBIT is 11.43. The thresholds are as follows: Strongly Undervalued below -7.40, Undervalued between -7.40 and 2.02, Fairly Valued between 20.85 and 2.02, Overvalued between 20.85 and 30.26, and Strongly Overvalued above 30.26. The current Forward EV/EBIT of 13.62 falls within the Historic Trend Line -Fairly Valued range.

1.05

Seanergy Maritime Holdings Corp. (SHIP) has a current PS of 1.05. The 5-year average PS is 1.00. The thresholds are as follows: Strongly Undervalued below 0.40, Undervalued between 0.40 and 0.70, Fairly Valued between 1.30 and 0.70, Overvalued between 1.30 and 1.60, and Strongly Overvalued above 1.60. The current Forward PS of 1.05 falls within the Historic Trend Line -Fairly Valued range.

2.99

P/OCF

Seanergy Maritime Holdings Corp. (SHIP) has a current P/OCF of 2.99. The 5-year average P/OCF is 2.80. The thresholds are as follows: Strongly Undervalued below 0.45, Undervalued between 0.45 and 1.62, Fairly Valued between 3.97 and 1.62, Overvalued between 3.97 and 5.14, and Strongly Overvalued above 5.14. The current Forward P/OCF of 2.99 falls within the Historic Trend Line -Fairly Valued range.

3.73

P/FCF

Seanergy Maritime Holdings Corp. (SHIP) has a current P/FCF of 3.73. The 5-year average P/FCF is -1.79. The thresholds are as follows: Strongly Undervalued below -33.16, Undervalued between -33.16 and -17.48, Fairly Valued between 13.90 and -17.48, Overvalued between 13.90 and 29.58, and Strongly Overvalued above 29.58. The current Forward P/FCF of 3.73 falls within the Historic Trend Line -Fairly Valued range.

Seanergy Maritime Holdings Corp (SHIP) has a current Price-to-Book (P/B) ratio of 0.63. Compared to its 3-year average P/B ratio of 0.58 , the current P/B ratio is approximately 8.87% higher. Relative to its 5-year average P/B ratio of 0.65, the current P/B ratio is about -2.44% higher. Seanergy Maritime Holdings Corp (SHIP) has a Forward Free Cash Flow (FCF) yield of approximately -8.87%. Compared to its 3-year average FCF yield of -3.06%, the current FCF yield is approximately 190.06% lower. Relative to its 5-year average FCF yield of -11.10% , the current FCF yield is about -20.09% lower.

0.64

P/B

Median3y

0.58

Median5y

0.65

-8.88

FCF Yield

Median3y

-3.06

Median5y

-11.10

Competitors Valuation Multiple

The average P/S ratio for SHIP's competitors is 0.57, providing a benchmark for relative valuation. Seanergy Maritime Holdings Corp Corp (SHIP) exhibits a P/S ratio of 1.05, which is 85.44% above the industry average. Given its robust revenue growth of -13.11%, this premium appears unsustainable.

P/S

P/E

EV/EBITDA

EV/EBIT

P/S

Revenue Growth

Market Cap

SHIP.O

Seanergy Maritime Holdings Corp

Dynagas LNG Partners LP

Imperial Petroleum Inc

High-Trend International Group

Loss

42.84M

Performance Decomposition

Market capitalization of SHIP decreased by 36.12% over the past 1 year. The primary factor behind the change was an increase in P/E Change from 6.98 to 10.78.

The secondary factor is the Revenue Growth, contributed -13.11%to the performance.

Overall, the performance of SHIP in the past 1 year is driven by P/E Change. Which is more unsustainable.

-13.11%

43.13M → 37.48M

Revenue Growth

-77.42%

33.83 → 7.64

Margin Expansion

54.41%

6.98 → 10.78

P/E Change

-36.12%