Seanergy Maritime Holdings Stock Current Valuation
| SHIP Stock | USD 7.94 0.14 1.73% |
Valuation analysis of Seanergy Maritime helps investors to measure Seanergy Maritime's intrinsic value by examining its available valuation indicators, including the cash flow records, the balance sheet account changes and income statement patterns. At this time, Seanergy Maritime's Enterprise Value Over EBITDA is relatively stable compared to the past year. As of 12/03/2024, Enterprise Value Multiple is likely to grow to 8.20, while Enterprise Value is likely to drop slightly above 300.4 M. Fundamental drivers impacting Seanergy Maritime's valuation include:
Price Book 0.6305 | Enterprise Value 362.3 M | Enterprise Value Ebitda 5.5309 | Price Sales 0.9847 | Forward PE 2.2143 |
Undervalued
Today
Please note that Seanergy Maritime's price fluctuation is somewhat reliable at this time. Calculation of the real value of Seanergy Maritime is based on 3 months time horizon. Increasing Seanergy Maritime's time horizon generally increases the accuracy of value calculation and significantly improves the predictive power of the methodology used.
Seanergy Maritime's intrinsic value may or may not be the same as its current market price of 7.94, in which case there is an opportunity to profit from the mispricing, assuming the market price will eventually merge with its intrinsic value. | Historical | Market 7.94 | Real 8.54 | Target 10.33 | Hype 8.17 | Naive 7.14 |
The intrinsic value of Seanergy Maritime's stock can be calculated using various methods such as discounted cash flow analysis, price-to-earnings ratio, or price-to-book ratio. That value may differ from its current market price, which is determined by supply and demand factors such as investor sentiment, market trends, news, and other external factors that may influence Seanergy Maritime's stock price. It is important to note that the real value of any stock may change over time based on changes in the company's performance.
Estimating the potential upside or downside of Seanergy Maritime Holdings helps investors to forecast how Seanergy stock's addition to their portfolios will impact the overall performance. We also use other valuation drivers to help us estimate the true value of Seanergy Maritime more accurately as focusing exclusively on Seanergy Maritime's fundamentals will not take into account other important factors: Seanergy Maritime Holdings Company Current Valuation Analysis
Seanergy Maritime's Enterprise Value is a firm valuation proxy that approximates the current market value of a company. It is typically used to determine the takeover or merger price of a firm. Unlike Market Cap, this measure takes into account the entire liquid asset, outstanding debt, and exotic equity instruments that the company has on its balance sheet. When a takeover occurs, the parent company will have to assume the target company's liabilities but will take possession of all cash and cash equivalents.
Current Seanergy Maritime Current Valuation | 362.34 M |
Most of Seanergy Maritime's fundamental indicators, such as Current Valuation, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Seanergy Maritime Holdings is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Seanergy Current Valuation Driver Correlations
Understanding the fundamental principles of building solid financial models for Seanergy Maritime is extremely important. It helps to project a fair market value of Seanergy Stock properly, considering its historical fundamentals such as Current Valuation. Since Seanergy Maritime's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Seanergy Maritime's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Seanergy Maritime's interrelated accounts and indicators.
Click cells to compare fundamentals
Seanergy Current Valuation Historical Pattern
Today, most investors in Seanergy Maritime Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Seanergy Maritime's growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's current valuation growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of Seanergy Maritime current valuation as a starting point in their analysis.
Seanergy Maritime Current Valuation |
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Enterprise Value can be a useful tool to compare companies with different capital structures. Long term liability and current cash or cash equivalents can have a huge impact on market valuation of a given company.
| Competition |
In accordance with the recently published financial statements, Seanergy Maritime Holdings has a Current Valuation of 362.34 M. This is 95.02% lower than that of the Marine Transportation sector and significantly higher than that of the Industrials industry. The current valuation for all United States stocks is 97.82% higher than that of the company.
Seanergy Current Valuation Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Seanergy Maritime's direct or indirect competition against its Current Valuation to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Seanergy Maritime could also be used in its relative valuation, which is a method of valuing Seanergy Maritime by comparing valuation metrics of similar companies.Seanergy Maritime is currently under evaluation in current valuation category among its peers.
Seanergy Maritime Current Valuation Drivers
We derive many important indicators used in calculating different scores of Seanergy Maritime from analyzing Seanergy Maritime's financial statements. These drivers represent accounts that assess Seanergy Maritime's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Seanergy Maritime's important valuation drivers and their relationship over time.
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Market Cap | 8.3M | 17.8M | 139.4M | 86.5M | 139.4M | 85.3M | |
| Enterprise Value | 191.4M | 178.4M | 315.0M | 368.7M | 353.0M | 300.4M |
Seanergy Maritime ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Seanergy Maritime's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Seanergy Maritime's managers, analysts, and investors.Environmental | Governance | Social |
Seanergy Fundamentals
| Return On Equity | 0.2 | ||||
| Return On Asset | 0.0847 | ||||
| Profit Margin | 0.29 % | ||||
| Operating Margin | 0.40 % | ||||
| Current Valuation | 362.34 M | ||||
| Shares Outstanding | 20.49 M | ||||
| Shares Owned By Insiders | 27.58 % | ||||
| Shares Owned By Institutions | 19.10 % | ||||
| Number Of Shares Shorted | 237.84 K | ||||
| Price To Earning | 1.72 X | ||||
| Price To Book | 0.63 X | ||||
| Price To Sales | 0.98 X | ||||
| Revenue | 110.23 M | ||||
| Gross Profit | 77.18 M | ||||
| EBITDA | 45.22 M | ||||
| Net Income | 2.27 M | ||||
| Cash And Equivalents | 36.71 M | ||||
| Cash Per Share | 0.21 X | ||||
| Total Debt | 232.97 M | ||||
| Debt To Equity | 1.10 % | ||||
| Current Ratio | 0.45 X | ||||
| Book Value Per Share | 12.81 X | ||||
| Cash Flow From Operations | 31.32 M | ||||
| Short Ratio | 0.87 X | ||||
| Earnings Per Share | 2.39 X | ||||
| Target Price | 14.5 | ||||
| Number Of Employees | 81 | ||||
| Beta | 0.71 | ||||
| Market Capitalization | 162.68 M | ||||
| Total Asset | 477.88 M | ||||
| Retained Earnings | (361.69 M) | ||||
| Working Capital | (44.43 M) | ||||
| Current Asset | 8.28 M | ||||
| Current Liabilities | 9.25 M | ||||
| Annual Yield | 0.13 % | ||||
| Net Asset | 477.88 M | ||||
| Last Dividend Paid | 0.56 |
About Seanergy Maritime Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Seanergy Maritime Holdings's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Seanergy Maritime using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Seanergy Maritime Holdings based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Pair Trading with Seanergy Maritime
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Seanergy Maritime position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Seanergy Maritime will appreciate offsetting losses from the drop in the long position's value.Moving together with Seanergy Stock
Moving against Seanergy Stock
| 0.78 | HTCO | Caravelle International Symbol Change | PairCorr |
| 0.74 | ULTRF | Ultrapetrol Bahamas | PairCorr |
| 0.68 | SB-PD | Safe Bulkers | PairCorr |
| 0.61 | SB-PC | Safe Bulkers | PairCorr |
| 0.52 | MATX | Matson Inc | PairCorr |
The ability to find closely correlated positions to Seanergy Maritime could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Seanergy Maritime when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Seanergy Maritime - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Seanergy Maritime Holdings to buy it.
The correlation of Seanergy Maritime is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Seanergy Maritime moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Seanergy Maritime moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Seanergy Maritime can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Additional Tools for Seanergy Stock Analysis
When running Seanergy Maritime's price analysis, check to measure Seanergy Maritime's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Seanergy Maritime is operating at the current time. Most of Seanergy Maritime's value examination focuses on studying past and present price action to predict the probability of Seanergy Maritime's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Seanergy Maritime's price. Additionally, you may evaluate how the addition of Seanergy Maritime to your portfolios can decrease your overall portfolio volatility.