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Seanergy Maritime Holdings Corp

Company price
14.12 USD 0.27 ( 1.95%)
Last update at 2026-11-06T21:00:00Z
VOLUME
158145
Market Cap
252.06M
P/E
12.64

Momentum Score

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Seanergy Maritime Holdings Corp., a shipping company, provides seaborne transportation of dry bulk commodities worldwide. It operates a fleet of 16 Capesize dry bulk vessels and one Newcastlemax dry bulk vessel with a cargo-carrying capacity of approximately 3,054,820 dwt. 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 Glyfada, Greece.

Source: TradingView
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Day Price Range
13.87
Low
14.34
High
52 Week Price Range
3.95
Low
13.19
High

Momentum Score

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A unique technical analysis driven score developed by Kalkine showing momentum in stock prices based on select technical indicators identified.

Score - Rating
>= 1 - Low / > 1 but < 2 - Below Average / > 2 but < 3 - Average / > 3 but < 4 - Above Average / > 4 - High
AI Summary

Seanergy Maritime Holdings Corp operates dry bulk carriers that transport commodities worldwide. Long-term growth drivers include global commodity demand, freight-rate recovery in the shipping cycle, and fleet utilization or modernization trends that could support revenues; the company may appeal to investors seeking exposure to cyclical upside in bulk shipping and potential gains from improving charter markets.
Major risks include volatile freight rates and shipping-cycle exposure, company-level leverage and liquidity pressures, costs and operational impact of environmental regulations on an older fleet, and sensitivity to global trade and geopolitical disruptions.

Risk Score
High

Note: The summary and risk score provided above is created by AI and should not be construed as a recommendation of Kalkine.

Key Metrics*

Previous Close
13.85
Dividend Yield
0.83%
Revenue TTM
130.50M
Revenue Per Share
6.96
Gross Profit TTM
77.18M
Debt / Equity
1.02
ROE
7.22%
Net Debt
213.54M
ROCE
2.33%
Diluted EPS TTM
0.96

Key Financials*

Income Statement

Balance Sheet

Change in Cash

Total Operating Cash

Dividends Paid

Breakdown 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Type yearly yearly yearly yearly yearly
Date 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Income before tax 17.24M 41.35M -18.36M -11.70M -21.06M
Net income 17.24M 41.35M -28.84M -11.75M -21.06M
Selling general administrative 18.78M 13.74M 6.61M 5.99M 6.50M
Gross profit 48.88M 80.36M 7.39M 19.02M 19.08M
Reconciled depreciation 23.42M 17.15M 12.72M 11.02M 10.88M
Ebit 9.50M 47.96M -0.27M 0.92M 0.63M
Ebitda 32.92M 65.11M -0.28M 11.93M 11.51M
Depreciation and amortization 23.42M 17.15M -0.01M 11.02M 10.88M
Operating income 9.50M 47.96M -0.27M 0.92M 4.28M
Other operating expenses 94.92M 87.92M 63.61M 74.46M 79.98M
Interest expense 13.97M 17.62M 23.22M 23.63M 25.30M
Tax provision -0.03M 0.00M 0.00M 0.05M 0.02M
Interest income 1.36M 0.16M 0.21M 0.21M 0.08M
Net interest income -13.97M -17.62M -23.22M -23.63M -25.21M
Income tax expense -0.03M 0.39M 10.48M 0.05M 0.02M
Total revenue 125.02M 153.11M 63.34M 86.50M 91.52M
Total operating expenses 18.78M 15.17M 7.66M 6.98M 7.54M
Cost of revenue 76.14M 72.75M 55.95M 67.48M 72.44M
Total other income expense net 7.74M -6.61M -18.09M -12.62M -7.30M
Net income from continuing ops 17.24M 41.35M -18.36M -11.70M -21.06M
Net income applicable to common shares 17.24M 41.35M -18.36M -11.70M -21.06M
Breakdown 2023-12-31 2022-12-31 2021-12-31 2020-12-31 2019-12-31
Type yearly yearly yearly yearly yearly
Date 2023-12-31 2022-12-31 2021-12-31 2020-12-31 2019-12-31
Total assets 477.88M 513.60M 486.92M 295.25M 282.55M
Other current assets 2.89M 1.07M 0.43M 0.67M 1.25M
Total liab 249.43M 291.90M 242.44M 199.55M 252.69M
Total stockholder equity 228.44M 221.70M 244.48M 95.69M 29.86M
Deferred long term liab - - 8.61M 4.40M 4.68M
Other current liab 8.23M 12.92M 5.17M 2.99M -181.93M
Common stock 0.00M 0.00M 0.02M 0.01M 0.00M
Capital stock 0.00M 0.00M 0.02M 0.01M 0.00M
Retained earnings -361.69M -361.99M -353.25M -394.60M -376.24M
Other liab - 36.20M 19.70M 3.22M 3.07M
Other assets - 18.74M 13.73M 6.74M 6.03M
Cash 19.43M 32.48M 47.13M 23.65M 14.55M
Total current liabilities 69.52M 94.65M 88.03M 30.76M 24.24M
Current deferred revenue 2.14M 14.92M 7.74M 4.51M 4.30M
Net debt 213.54M 282.20M 175.62M 160.63M 183.12M
Short term debt 53.66M 58.98M 69.36M 19.56M 185.76M
Short long term debt 31.78M 58.87M 69.24M 19.42M 185.65M
Short long term debt total 232.97M 314.68M 222.75M 184.28M 197.67M
Other stockholder equity 590.13M 583.69M 597.71M 490.28M 406.10M
Property plant equipment - 462.38M 426.06M 257.95M 254.59M
Total current assets 25.09M 32.48M 47.13M 23.65M 14.55M
Net tangible assets - 221.70M 244.48M 95.69M 29.86M
Short term investments - 0.00M 1.50M 1.60M -
Net receivables 1.20M 1.55M -1.88M 0.80M 1.76M
Long term debt 179.01M 255.70M 222.75M 184.28M 12.02M
Inventory 1.56M 2.00M 1.45M 4.65M 3.86M
Accounts payable 5.49M 7.83M 5.76M 3.71M 16.11M
Accumulated other comprehensive income 0.00M - - -51.13M -38.50M
Common stock total equity - - - 0.01M 0.00M
Non currrent assets other 6.43M 18.74M 13.73M 14.86M 14.22M
Non current assets total 452.79M 481.12M 439.80M 271.59M 268.00M
Capital lease obligations 22.18M 0.50M 0.65M 0.84M 0.43M
Long term debt total - - - - 12.02M
Breakdown 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Type yearly yearly yearly yearly yearly
Date 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Investments -56.26M -184.62M -1.60M -1.60M -1.60M
Change to liabilities 0.00M 1.34M -12.48M 8.16M 4.65M
Total cashflows from investing activities -56.26M -184.62M -21.86M -12.35M -8.83M
Net borrowings 25.10M 34.31M -31.01M -6.18M 0.66M
Total cash from financing activities 5.83M 127.44M 39.10M 6.35M -0.49M
Change to operating activities - -3.68M 2.14M -7.39M -2.46M
Net income 17.24M 41.35M -18.36M -11.70M -21.06M
Change in cash -13.15M 23.57M 7.50M 7.11M -3.60M
Begin period cash flow 45.63M 22.05M 14.55M 7.44M 11.04M
End period cash flow 32.48M 45.63M 22.05M 14.55M 7.44M
Total cash from operating activities 37.29M 80.76M -9.73M 13.11M 5.72M
Issuance of capital stock 0.07M 98.55M 73.75M 13.22M 0.00M
Depreciation 23.42M 17.15M 12.72M 11.02M 10.88M
Other cashflows from investing activities - - - - 22.65M
Dividends paid -17.92M -179.55M 17.92M 17.92M -
Change to inventory -0.84M 3.20M -0.79M 1.43M -0.49M
Change to account receivables -0.84M 0.80M 0.96M 0.84M -0.51M
Sale purchase of stock 0.00M -1.71M - 13.22M -
Other cashflows from financing activities 123.38M 356.40M 18.86M 10.72M 67.98M
Change to netincome -8.25M 11.26M -3.08M 1.31M 8.56M
Capital expenditures 70.45M 197.32M 20.26M 12.35M 31.48M
Change in working capital -16.79M 1.66M -10.17M 3.04M 1.19M
Stock based compensation 7.18M 5.10M 0.87M 1.31M 1.29M
Other non cash items 6.23M 9.34M 10.76M 9.44M 6.15M
Free cash flow -33.16M -116.56M -30.00M 0.76M -25.76M

Peer Comparison*

Sector: Industrials Industry: Marine Shipping

Stock Name
Change
(USD)
Price
(USD)
Trailing
PE (x)
Forward
PE (x)
Price Sales
TTM (x)
Price to Book Value (x)
Enterprise Value
to Revenue (x)
Enterprise Value
to EBITDA (x)
SHIP
Seanergy Maritime Holdings Corp
0.27
1.95%
14.12 12.64 2.21 1.62 0.78 3.56 8.67
AMKAF
AP Moeller - Maersk A/S A
-
-%
3012.51 13.59 2500.00 0.66 0.63 0.79 3.81
AMKBY
AP Moeller-Maersk AS
-0.44
2.84%
15.06 13.25 2500.00 0.65 0.63 0.80 3.88
AMKBF
A.P. Møller - Mærsk A/S
-
-%
3086.00 12.94 2500.00 0.63 0.60 0.79 3.81
ICTEF
International Container Terminal Services Inc
-
-%
12.96 28.04 22.42 8.70 17.16 9.66 15.21

Profile*

Seanergy Maritime Holdings Corp

Seanergy Maritime Holdings Corp., a shipping company, provides seaborne transportation of dry bulk commodities worldwide. It operates a fleet of 16 Capesize dry bulk vessels and one Newcastlemax dry bulk vessel with a cargo-carrying capacity of approximately 3,054,820 dwt. 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 Glyfada, Greece.

154 Vouliagmenis Avenue, Glyfada, Greece, 166 74

30 213 01 81 507

81

Name Title Year Born
Mr. Stamatios Tsantanis Chairman & CEO 1972
Mr. Stavros Gyftakis Chief Financial Officer 1979
Mr. Stelios Psillakis Technical Director NA
Ms. Theodora Mitropetrou Gen. Counsel & Corp. Sec. NA
Ms. Theodora Mitropetrou General Counsel & Corporate Secretary NA

Disclaimer - (*)This information, including any data, is sourced from Unicorn Data Services SAS, trading as EOD Historical Data (“EODHD”) on an ‘as is’ basis, using their API. We cannot guarantee the completeness or validity of the information and data provided on this page, as well as via the API. In some cases, the data may include analyst ratings or recommendations sourced through the EODHD API, which are intended solely for general information purposes.
This information does not consider your personal objectives, financial situation, or needs. Kalkine is not liable for any errors or omissions in the information provided or for any actions taken in reliance on it. You should seek advice from a financial adviser, stockbroker or other professional adviser (including taxation and legal advice) as necessary before acting on this information.

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