Seanergy Maritime Holdings Corp
Research Seanergy Maritime Holdings Corp (SHIP) on Bullrun: valuation model: 28.4% undervalued, market cap USD 389.59M, P/E 6.3, dividend yield 3.3%. Explore financials, valuation history, model signals, and stock context.
Key Metrics
- TickerSHIP
- ExchangeNASDAQ
- CountryGreece
- SectorIndustrials
- IndustryMarine Shipping
- CurrencyUSD
- Valuation signal28.4% undervalued
- Market capUSD 389.59M
- P/E6.3
- Dividend yield3.3%
- Financial periodQ2 2026
- RevenueUSD 55.69M
- Net incomeUSD 26.24M
- Free cash flow-USD 7.66M
- Gross margin59.3%
Valuation Snapshot
Bullrun's latest valuation model marks Seanergy Maritime Holdings Corp as 28.4% undervalued; latest market cap is USD 389.59M; P/E is 6.3; dividend yield is 3.3%.
Peer valuation comparison
Latest P/E is 6.29x versus a Industrials sector median of 20.76x (69.7% below).
Latest dividend yield is 3.28% versus a Industrials sector median of 2.39% (37.2% above).
Five-year financial history
| Year | Revenue | Net income | Free cash flow | Gross margin | Diluted EPS | Cash | Total debt | Equity |
|---|---|---|---|---|---|---|---|---|
| FY2025 | USD 158.10M | USD 21.24M | USD 17.02M | 43.0% | 1.01 | USD 48.24M | USD 290.16M | USD 281.38M |
| FY2024 | USD 167.46M | USD 43.47M | USD 4.63M | 54.8% | 2.11 | USD 21.87M | USD 257.59M | USD 262.18M |
| FY2023 | USD 110.23M | USD 2.28M | USD 31.01M | n/a | 0.12 | USD 19.38M | USD 210.79M | USD 228.45M |
| FY2022 | USD 125.02M | USD 17.24M | -USD 33.04M | n/a | 0.96 | USD 26.03M | USD 231.88M | USD 221.70M |
Valuation history
| Year | Snapshot date | Market cap | P/E | Dividend yield | Annual dividend/share |
|---|---|---|---|---|---|
| 2026 | 2026-08-25 | USD 389.59M | 6.3 | 3.2% | 0.58 |
| 2025 | 2025-12-31 | USD 194.88M | 9.2 | 3.6% | 0.33 |
| 2024 | 2024-12-31 | USD 141.60M | 3.3 | 7.2% | 0.5 |
| 2023 | 2023-12-29 | USD 153.74M | n/a | 1.5% | 0.12 |
| 2022 | 2022-12-30 | USD 90.96M | 2.6 | 25.0% | 1.25 |
| 2021 | 2021-12-31 | USD 159.15M | 4.6 | n/a | n/a |
Dividend history
Latest trailing dividend snapshot: annual dividend/share 0.58 USD, yield 3.3%.
| Year | Dividends/share |
|---|---|
| FY2025 | 0.33 USD |
| FY2024 | 0.76 USD |
| FY2023 | 0.1 USD |
| FY2022 | 1.25 USD |
About Seanergy Maritime Holdings Corp
Seanergy Maritime Holdings Corp., a shipping company, engages in the seaborne transportation of dry bulk commodities worldwide. It operates 18 Capesize and two Newcastlemax dry bulk vessels with a cargo-carrying capacity of approximately 3,633,861 deadweight tons. 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.
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Frequently asked questions
Is Seanergy Maritime Holdings Corp overvalued or undervalued?
Bullrun's valuation model currently marks Seanergy Maritime Holdings Corp as 28.4% undervalued.
What is Seanergy Maritime Holdings Corp's market cap?
Seanergy Maritime Holdings Corp's market capitalization is USD 389.59M.
What is Seanergy Maritime Holdings Corp's P/E ratio?
Seanergy Maritime Holdings Corp's price-to-earnings (P/E) ratio is 6.3.
Does Seanergy Maritime Holdings Corp pay a dividend?
Seanergy Maritime Holdings Corp has a dividend yield of 3.3%.
What does Seanergy Maritime Holdings Corp do?
Seanergy Maritime Holdings Corp., a shipping company, engages in the seaborne transportation of dry bulk commodities worldwide. It operates 18 Capesize and two Newcastlemax dry bulk vessels with a cargo-carrying capacity of approximately 3,633,861 deadweight tons. 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.