Seanergy Maritime Holdings Corp. (SHIP) Financial Ratios
20 years of historical data (2006–2025) · Industrials · Marine Shipping
EV/EBITDA
↑
6.94
↑+22% vs avg
5yr avg: 5.68
30Y Low0.1·High16.2
P/FCF
↑
18.15
↓-67% vs avg
5yr avg: 54.96
30Y Low0.6·High149.0
P/B Ratio
↓
1.07
↑+82% vs avg
5yr avg: 0.59
30Y Low0.2·High4.1
ROE
↓
7.7%
↑-34% vs avg
5yr avg: 11.6%
30Y Low-112%·High24%
Debt/EBITDA
↑
3.76
↓-2% vs avg
5yr avg: 3.82
30Y Low2.7·High14.8
Percentile shows where the current value sits in 30-year historical distribution. Sparklines show 5-year trend.
SHIP Valuation Multiples
Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow
Seanergy Maritime Holdings Corp. trades at 14.5x earnings, 16% below its 5-year average of 17.3x, sitting at the 78th percentile of its historical range. Compared to the Industrials sector median P/E of 25.6x, the stock trades at a discount of 43%. On a free-cash-flow basis, the stock trades at 18.1x P/FCF, 67% below the 5-year average of 55.0x.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Market Cap | $309M | $190M | $138M | $144M | $88M | $174M | $18M | $8M | $19M | $37M | $23M |
| Enterprise Value | $536M | $417M | $374M | $358M | $370M | $350M | $178M | $191M | $219M | $230M | $221M |
| P/E Ratio → | 14.49 | 9.14 | 3.29 | 65.25 | 5.17 | 3.64 | — | — | — | — | — |
| P/S Ratio | 1.95 | 1.20 | 0.83 | 1.31 | 0.70 | 1.14 | 0.28 | 0.10 | 0.20 | 0.49 | 0.67 |
| P/B Ratio | 1.07 | 0.67 | 0.53 | 0.63 | 0.40 | 0.71 | 0.19 | 0.28 | 0.88 | 0.89 | 0.76 |
| P/FCF | 18.15 | 11.14 | 149.05 | 4.68 | — | — | — | 10.91 | — | — | — |
| P/OCF | 5.87 | 3.60 | 1.84 | 4.61 | 2.35 | 2.15 | — | 0.63 | 3.27 | 13.26 | — |
P/E links to full P/E history page with 30-year chart
SHIP EV Ratios
Enterprise-value multiples — capital-structure-neutral measures of total business value
Seanergy Maritime Holdings Corp.'s enterprise value stands at 6.9x EBITDA, 22% above its 5-year average of 5.7x. The Industrials sector median is 13.9x, placing the stock at a 50% discount on an enterprise-value basis.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| EV / Revenue | — | 2.64 | 2.23 | 3.25 | 2.96 | 2.28 | 2.82 | 2.21 | 2.39 | 3.07 | 6.36 |
| EV / EBITDA | 6.94 | 5.40 | 4.06 | 7.78 | 6.97 | 4.21 | 14.33 | 8.30 | 13.88 | 16.19 | — |
| EV / EBIT | 13.05 | 10.15 | 5.96 | 17.42 | 12.53 | 6.70 | 35.20 | 60.63 | 51.50 | 16.22 | — |
| EV / FCF | — | 24.50 | 403.63 | 11.61 | — | — | — | 252.18 | — | — | — |
SHIP Profitability
Margins and return-on-capital ratios measuring operating efficiency
Seanergy Maritime Holdings Corp. earns an operating margin of 26.0%, significantly above the Industrials sector average of 4.3%. Operating margins have expanded from 19.4% to 26.0% over the past 3 years, signaling improving operational efficiency. ROE of 7.7% is modest, trailing the sector median of 8.2%. ROIC of 6.1% represents adequate returns on invested capital versus a sector median of 6.1%.
Margins
Full margin charts and quarterly trend are on the Earnings History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 39.6% | 39.6% | 70.0% | 36.7% | 43.0% | 54.3% | 11.7% | 23.0% | 20.9% | 25.8% | -26.3% |
| Operating Margin | 26.0% | 26.0% | 37.4% | 19.4% | 23.7% | 43.0% | -0.4% | 13.9% | 4.7% | 3.7% | -42.4% |
| Net Profit Margin | 13.2% | 13.2% | 26.0% | 2.1% | 13.8% | 27.0% | -29.0% | -13.5% | -23.0% | -4.3% | -71.0% |
Return on Capital
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | 7.7% | 7.7% | 17.7% | 1.0% | 7.4% | 24.3% | -29.2% | -45.7% | -67.3% | -9.0% | -91.0% |
| ROA | 3.6% | 3.6% | 8.5% | 0.5% | 3.4% | 10.6% | -6.4% | -4.3% | -7.7% | -1.2% | -10.5% |
| ROIC | 6.1% | 6.1% | 10.0% | 3.6% | 5.1% | 14.4% | -0.1% | 4.2% | 1.4% | 0.9% | -5.2% |
| ROCE | 8.2% | 8.2% | 14.0% | 5.2% | 7.3% | 19.9% | -0.1% | 4.8% | 1.7% | 1.2% | -6.7% |
SHIP Leverage & Debt
Solvency and debt-coverage ratios — lower is generally safer
Seanergy Maritime Holdings Corp. carries a Debt/EBITDA ratio of 3.8x, which is moderately leveraged (16% above the sector average of 3.2x). Net debt stands at $228M ($290M total debt minus $63M cash). Interest coverage of just 1.9x is concerning — the company has limited headroom to absorb earnings volatility before struggling with debt service.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | 1.03 | 1.03 | 0.98 | 1.02 | 1.16 | 0.91 | 1.93 | 6.62 | 9.76 | 4.88 | 6.81 |
| Debt / EBITDA | 3.76 | 3.76 | 2.79 | 5.06 | 4.82 | 2.68 | 14.80 | 8.57 | 13.17 | 14.22 | — |
| Net Debt / Equity | — | 0.81 | 0.90 | 0.93 | 1.27 | 0.72 | 1.68 | 6.13 | 9.41 | 4.67 | 6.40 |
| Net Debt / EBITDA | 2.94 | 2.94 | 2.56 | 4.64 | 5.31 | 2.11 | 12.90 | 7.94 | 12.69 | 13.60 | — |
| Debt / FCF | — | 13.37 | 254.59 | 6.93 | — | — | — | 241.26 | — | — | — |
| Interest Coverage | 1.89 | 1.89 | 3.35 | 1.12 | 2.40 | 4.82 | 0.22 | 0.13 | 0.17 | 0.81 | -1.64 |
SHIP Liquidity & Efficiency
Short-term solvency ratios and asset-utilisation metrics
The current ratio of 0.71x is below 1.0, meaning current liabilities exceed current assets. The current ratio has improved from 0.36x to 0.71x over the past 3 years.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 0.71 | 0.71 | 0.74 | 0.36 | 0.65 | 0.54 | 0.99 | 0.60 | 0.38 | 0.57 | 1.05 |
| Quick Ratio | 0.71 | 0.71 | 0.72 | 0.34 | 0.63 | 0.52 | 0.84 | 0.44 | 0.11 | 0.43 | 0.86 |
| Cash Ratio | 0.71 | 0.71 | 0.35 | 0.28 | 0.34 | 0.49 | 0.74 | 0.60 | 0.38 | 0.26 | 0.61 |
| Asset Turnover | — | 0.26 | 0.31 | 0.23 | 0.24 | 0.31 | 0.21 | 0.31 | 0.34 | 0.27 | 0.13 |
| Inventory Turnover | — | — | 29.70 | 44.76 | 35.72 | 48.31 | 12.03 | 17.25 | 13.70 | 11.58 | 10.82 |
| Days Sales Outstanding | — | 23.02 | 16.73 | 3.99 | 4.52 | — | 4.62 | 7.44 | 10.56 | 17.69 | 29.31 |
SHIP Shareholder Yields
Earnings, FCF, buyback, and dividend yields — total returns to shareholders
Seanergy Maritime Holdings Corp. returns 3.2% to shareholders annually primarily through dividends. A payout ratio of 45.5% is moderate and appears sustainable, balancing shareholder returns with reinvestment capacity. The earnings yield of 6.9% (inverse of P/E) provides a useful comparison to bond yields when assessing the stock's relative attractiveness to fixed income.
Dividends
Full dividend history and growth charts are on the Dividend History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend Yield | 3.2% | 5.0% | 7.8% | 4.2% | 20.4% | — | — | — | — | — | — |
| Payout Ratio | 45.5% | 45.5% | 24.7% | 264.3% | 104.0% | — | — | — | — | — | — |
Total Shareholder Return Metrics
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings Yield | 6.9% | 10.9% | 30.4% | 1.5% | 19.4% | 27.5% | — | — | — | — | — |
| FCF Yield | 5.5% | 9.0% | 0.7% | 21.4% | — | — | — | 9.2% | — | — | — |
| Buyback Yield | 0.0% | 0.0% | 3.5% | 1.2% | 0.0% | 1.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Total Shareholder Yield | 3.2% | 5.0% | 11.3% | 5.4% | 20.4% | 1.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Shares Outstanding | — | $21M | $20M | $18M | $18M | $19M | $3M | $95829 | $15669 | $14935 | $8563 |
Peer Comparison
Compare SHIP with 10 similar companies in its peer group
| Company | Market Cap | P/E | EV/EBITDA | P/FCF | Gross Margin | Op Margin | ROE | ROIC | Debt/EBITDA |
|---|---|---|---|---|---|---|---|---|---|
 SHIPYou | $309M | 14.5 | 6.9 | 18.1 | 39.6% | 26.0% | 7.7% | 6.1% | 3.8 |
 SB | $682M | 22.3 | 8.3 | 11.3 | 35.9% | 25.1% | 4.6% | 4.1% | 4.2 |
 SBLK | $3B | 35.4 | 11.4 | 14.0 | 22.5% | 13.5% | 3.4% | 3.2% | 3.5 |
 GNK | $1B | -236.8 | 13.6 | — | 13.4% | 2.7% | -0.5% | 0.7% | 2.3 |
 NMM | $2B | 7.3 | 5.4 | — | 64.5% | 29.1% | 8.9% | 6.1% | 3.2 |
 CTRM | $83M | 2.5 | 6.2 | — | 29.7% | 2.3% | 2.6% | 0.2% | 6.4 |
 EDRY | $65M | -14.9 | 12.5 | 12.0 | 12.3% | -2.2% | -4.1% | -0.5% | 8.9 |
 TOPS | $4M | 0.8 | 4.9 | 0.2 | 43.7% | 32.4% | 3.1% | 5.3% | 4.9 |
 GLBS | $59M | -32.5 | 8.4 | — | 20.9% | 5.4% | -1.0% | 0.7% | 6.5 |
 STNG | $4B | 11.5 | 8.2 | 8.5 | 46.2% | 33.0% | 11.4% | 7.2% | 1.3 |
 INSW | $4B | 13.6 | 9.9 | 109.7 | 42.3% | 36.3% | 16.0% | 9.4% | 1.2 |
| Industrials Median | — | 25.6 | 13.9 | 20.0 | 32.0% | 4.3% | 8.2% | 6.1% | 3.2 |
Peer selection based on competitive and market overlap. Compare multiple stocks →
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Includes 30+ ratios · 20 years · Updated daily
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SHIP — Frequently Asked Questions
Quick answers to the most common questions about buying SHIP stock.
What is Seanergy Maritime Holdings Corp.'s P/E ratio?
Seanergy Maritime Holdings Corp.'s current P/E ratio is 14.5x. The historical average is 22.4x. This places it at the 78th percentile of its historical range.
What is Seanergy Maritime Holdings Corp.'s EV/EBITDA?
Seanergy Maritime Holdings Corp.'s current EV/EBITDA is 6.9x. This enterprise value multiple compares the company's total value (equity + debt - cash) to its EBITDA. The historical average is 7.9x.
What is Seanergy Maritime Holdings Corp.'s ROE?
Seanergy Maritime Holdings Corp.'s return on equity (ROE) is 7.7%. The historical average is -23.0%.
Is SHIP stock overvalued?
Based on historical data, Seanergy Maritime Holdings Corp. is trading at a P/E of 14.5x. This is at the 78th percentile of its historical P/E range. Compare with industry peers and growth rates for a complete picture.
What is Seanergy Maritime Holdings Corp.'s dividend yield?
Seanergy Maritime Holdings Corp.'s current dividend yield is 3.16% with a payout ratio of 45.5%.
What are Seanergy Maritime Holdings Corp.'s profit margins?
Seanergy Maritime Holdings Corp. has 39.6% gross margin and 26.0% operating margin. Operating margin above 20% indicates strong pricing power and cost efficiency.
How much debt does Seanergy Maritime Holdings Corp. have?
Seanergy Maritime Holdings Corp.'s Debt/EBITDA ratio is 3.8x, indicating high leverage. A ratio between 2-4x is manageable but warrants monitoring.