Friday 6 November 2026
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Seanergy Maritime Holdings Corp
SHIP Industrials Marine Shipping
Seanergy Maritime Holdings Corp’s revenue for fiscal 2025 (year ended December 2025) was $158.1 million, down 5.59% from fiscal 2024.
- Revenue
- +48.6%
- EPS
- +764.3%
- Free cash flow
- +144.1%
- Total debt
- −3.29%
Quarter to June 2026, against a year earlier
14.20
0.35
+2.53%
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Target Price Range
Analyst price targets
Free accountTen years at a glance Fiscal years to December
| Ten-year view | Analyst estimates Powerpack | |||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Group | Line | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | TTM Jun ’26 | Trend | 10 yrs | 2026e | 2027e | 2028e | Next 3/yr |
| Income, $m | ||||||||||||||||||
| Income, $m | Revenue | 35 | 75 | 92 | 86 | 63 | 153 | 125 | 110 | 167 | 158 | 195 | +18.4% | 207 | 199 | 213 | +10.5% | |
| Gross margin, % | (1.72) | 27.11 | 33.43 | 35.70 | 35.41 | 65.51 | 61.73 | 59.08 | 69.97 | 62.49 | 69.98 | +64.2 pt | ||||||
| EBT | (25) | (3) | (21) | (12) | (18) | 41 | 17 | 2 | 43 | 21 | 61 | n/m | ||||||
| EBT margin, % | (70.94) | (4.32) | (22.99) | (13.46) | (28.98) | 27.01 | 13.77 | 2.07 | 25.96 | 13.44 | 31.34 | +84.4 pt | ||||||
| Net income | (25) | (3) | (21) | (12) | (18) | 41 | 17 | 2 | 43 | 21 | 21 | n/m | ||||||
| Per share, $ | ||||||||||||||||||
| Per share, $ | Revenue | 4,030.47 | 5,022.42 | 5,829.30 | 902.91 | 18.95 | 9.99 | 7.17 | 5.99 | 8.48 | 7.72 | 9.24 | (50.1%) | |||||
| Earnings | (2,878.56) | (215.89) | (1,343.33) | (121.60) | (5.50) | 2.70 | 0.97 | 0.12 | 2.12 | 1.02 | 2.86 | n/m | ||||||
| Cash flow | (1,783.60) | 186.71 | 364.52 | 136.83 | (2.91) | 5.27 | 2.14 | 1.70 | 3.81 | 2.57 | 3.84 | n/m | ||||||
| Capex | (4,741.74) | (2,214.23) | (526.69) | (128.90) | (6.04) | (12.04) | (4.03) | 1.28 | (3.58) | (0.68) | (1.00) | (62.6%) | ||||||
| Free cash flow | (6,525.35) | (2,027.52) | (162.17) | 7.92 | (8.95) | (6.77) | (1.89) | 2.99 | 0.23 | 1.89 | 2.84 | n/m | ||||||
| Book value | 3,585.12 | 2,772.68 | 1,356.88 | 311.67 | 28.62 | 15.95 | 12.71 | 12.42 | 13.28 | 13.75 | 14.83 | (46.1%) | ||||||
| Shares, m | 0 | 0 | 0 | 0 | 3 | 15 | 17 | 18 | 20 | 20 | 21 | +137.2% | ||||||
| Valuation, × | ||||||||||||||||||
| Valuation, × | P/E | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 3.79 | 5.19 | 108.29 | 3.29 | 9.23 | 4.86 | 13.0 | |||||
| P/S | 0.74 | 0.86 | 0.26 | 0.14 | 5.70 | 0.91 | 0.67 | 1.26 | 0.82 | 1.20 | 1.50 | 1.3 | ||||||
| P/B | 0.83 | 1.15 | 0.60 | 0.44 | 3.78 | 0.57 | 0.38 | 0.61 | 0.52 | 0.67 | 1.04 | 1.0 | ||||||
| EV/Sales | 6.38 | 6.09 | 5.78 | 2.09 | 8.27 | 2.08 | 2.39 | 3.00 | 2.18 | 2.98 | 2.99 | 4.1 | ||||||
| EV/FCF | (0.85) | (0.96) | (1.60) | (0.80) | (2.46) | (1.39) | (9.06) | 6.02 | 78.86 | 12.21 | 9.74 | 8.0 | ||||||
| Cash, $m | ||||||||||||||||||
| Cash, $m | Operating cash flow | (15) | 3 | 6 | 13 | (10) | 81 | 37 | 31 | 75 | 53 | 81 | n/m | |||||
| Capex | (41) | (33) | (8) | (12) | (20) | (185) | (70) | 24 | (71) | (14) | (21) | (11.2%) | ||||||
| Free cash flow | (56) | (30) | (3) | 1 | (30) | (104) | (33) | 55 | 5 | 39 | 60 | n/m | ||||||
| Balance, $m | ||||||||||||||||||
| Balance, $m | Working capital | 1 | (15) | (19) | (215) | 0 | (41) | (33) | (44) | (16) | (13) | 59 | n/m | |||||
| Net debt | 196 | 191 | 199 | 183 | 162 | 179 | 215 | 191 | 228 | 234 | 235 | +2.0% | ||||||
| Shareholders’ equity | 31 | 41 | 21 | 30 | 96 | 244 | 222 | 228 | 262 | 281 | 313 | +27.8% | ||||||
| Returns, % | ||||||||||||||||||
| Returns, % | ROA | (10.55) | (1.21) | (7.75) | (4.25) | (6.35) | 10.57 | 3.38 | 0.45 | 8.49 | 3.69 | 9.73 | +14.2 pt | |||||
| ROIC | (4.06) | 0.75 | 3.27 | 3.53 | (0.07) | 9.74 | 4.25 | 3.18 | 7.98 | 5.26 | 9.47 | +9.3 pt | ||||||
| ROE | (91.00) | (8.97) | (67.26) | (45.73) | (29.24) | 24.31 | 7.25 | 0.98 | 17.72 | 7.82 | 0.00 | +98.8 pt | ||||||
| People | ||||||||||||||||||
| People | Employees | 22 | 26 | 37 | 38 | 35 | 46 | 63 | 81 | 93 | 96 | — | +17.8% | |||||
| Revenue/emp, $m | 1.58 | 2.88 | 2.47 | 2.28 | 1.81 | 3.33 | 1.98 | 1.36 | 1.80 | 1.65 | — | +0.5% | ||||||
Negative figures in brackets.
estimates
Fiscal years to Dec 2025 · latest quarter Jun 2026
Seanergy Maritime Holdings Corp vs peers in Marine Shipping (Q) = latest quarter vs a year earlier
| Company | Market cap | P/E | Fwd P/E | Revenue growth (Q) | EPS growth (Q) | FCF growth (Q) | Gross margin (Q) | EBIT margin (Q) | Compare |
|---|---|---|---|---|---|---|---|---|---|
| HSHP Himalaya Shipping Ltd. | $704.7M | 13.3× | 8.8× | +79.60% (above 0%: growing) | +2,500.00% (above 0%: growing) | +312.05% (above 0%: growing) | 85.47% | 68.34% | Compare |
| ASC Ardmore Shipping Corporation | $698.2M | 6.4× | 4.7× | +7.96% (above 0%: growing) | +33.40% (above 0%: growing) | +103.64% (above 0%: growing) | 38.73% | 19.69% | Compare |
| PANL Pangaea Logistics Solutions Ltd. | $482.5M | 6.4× | 9.1× | +29.87% (above 0%: growing) | +210.53% (above 0%: growing) | +76.28% (above 0%: growing) | 0.00% | 19.90% | Compare |
| CMDB Costamare Bulkers Holdings Limited | $432.3M | 10.7× | — | — | — | −166.66% (below 0%: shrinking) | 37.19% | 6.44% | Compare |
| ESEA Euroseas Ltd. | $415.7M | 3.3× | 3.5× | −1.28% (below 0%: shrinking) | +10.42% (above 0%: growing) | −70.14% (below 0%: shrinking) | 78.65% | 59.18% | Compare |
| SHIP Seanergy Maritime Holdings Corp | $300.1M | 4.9× | 4.7× | +48.58% (above 0%: growing) | +764.29% (above 0%: growing) | +144.12% (above 0%: growing) | 75.84% | 54.72% | |
| GASS StealthGas, Inc. | $296.1M | 5.0× | 4.9× | −9.16% (below 0%: shrinking) | −16.36% (below 0%: shrinking) | −4.48% (below 0%: shrinking) | 52.20% | 31.55% | Compare |
| DSX Diana Shipping inc. | $288.6M | 4.8× | 3.1× | +4.75% (above 0%: growing) | +466.67% (above 0%: growing) | +1.73% (above 0%: growing) | 57.47% | 21.13% | Compare |
| SMHI SEACOR Marine Holdings Inc. | $235.1M | — (loss-making) | — (loss-making) | −3.28% (below 0%: shrinking) | n/m | −117.87% (below 0%: shrinking) | 33.07% | (2.44%) | Compare |
| Median of peers | $424.0M | 6.4× | 4.8× | +4.75% | +121.97% | −1.37% | 45.47% | 20.52% |