Sector Alpha Week of 2026-07-29
Sector Alpha — machine-written from the numbers · Data as of 2026-07-29

Seanergy Maritime Holdings Corp.

SHIP
Industrials · Marine Shipping

Seanergy Maritime Holdings Corp.'s three tracks disagree. Price, valuation and the earnings engine each tell a different story — the next quarter or two settles it.

The sharpest disagreement: the price moved +125.1% in a year while annual EPS moved −52.1% — the difference is re-rating, and re-rating has to be repaid with earnings.

The price is between stages while the P/E sits at the 25th percentile of its own 1-year range. Underneath, the last four quarters read improving, and 212% of the last 3 years' profit arrived as cash. What settles it: whether earnings grow into a price that has already moved.

Stage
Mixed
fundamental trajectory, 12 quarters
Price
$16.1
+125.1% 1Y
P/E
8.9×
25th pctile
of its own 1-year range
Revenue (Mar 26)
$0.0 B
+100.0% YoY
Profit (Mar 26)
$0.0 B
Operating margin
50.0%
+50.0 pp YoY
ROE
14%
FY25
ROIC
5.8%
vs WACC 7.7% → −1.9 pp
Cash conversion
212%
of profit, last 3 FY
01 · Price story

Price story Before the numbers, the tape. A stock price moves through four repeating seasons: a flat base (stage 1), an advance (2), a top (3), a decline (4). Where the price sits in that cycle frames everything below.

Seanergy Maritime Holdings Corp. trades at $16.1, between stages. That is +30.5% against its own 200-day average. It sits at 94% of a 52-week range of $7 to $17. On relative strength it has been ahead of the S&P 500 on a trailing-13-week view for 2 straight weeks.

Today the stock is between stages. At $16.1 it trades +30.5% versus its 200-day average and sits at 94% of its 52-week range ($7–$17).

Jul 26: $16.1 Weekly closing price ($) with 50- and 200-day averages; shaded bands mark the price stage (grey base, green advance, amber top, red decline). 1-year window.
+30.5% versus the 200-day line, week — of stage —
Price50-day avg200-day avg
$17.4$14.5$11.7$8.9$6.0$$16$12Jul 25Oct 25Jan 26Apr 26Jul 26
$17.4$14.5$11.7$8.9$6.0$$16$12Jul 25Jan 26Jul 26
Beating or trailing, week by week since 2025 Each cell is one week from 2025 to now (56 weeks): the stock's trailing 13-week return minus the S&P 500's, green ahead / red behind (±25% ramp). Grey cells are the 13-week warm-up or weeks where the S&P 500 reading is not held.
trailing 13-week return vs the S&P 500
Jul 25Jul 26

Against the market, two honest reads. Cumulative: over the last 1.0 years the stock moved +134% while the S&P 500 moved +19% — ahead of the index over the full window. Recent form: on a trailing-13-week view the stock has been ahead for 2 straight weeks — the ribbon below is that same metric, week by week.

What would end the trend, mechanically: two Friday closes in a row below the 200-day line. That is the exit rule — no debates.

→ The trend is one thing; the bill is another. Are you paying up for it? Next: the P/E sits at the 25th percentile of its own range.

02 · Valuation

Valuation P/E is the price of $1 of annual profit: how many dollars the market pays for each dollar the company earns in a year.

Seanergy Maritime Holdings Corp. trades at 8.9× P/E, near the bottom of its own range — cheaper only 25% of the time. Its long-run median P/E is 10.4×, measured across 1.0 years of weekly readings. This places the multiple against the stock’s own record, and says nothing about what the business is worth.

Today's P/E of 8.9× is near the bottom of its own range — cheaper only 25% of the time, against a long-run median of 10.4× measured over 1.0 years of weekly readings. This is a comparison against the stock's own history — not a claim about what it is worth.

P/E 8.9× vs a 10.4× long-run median P/E, weekly (left axis); earnings per share, trailing twelve months, weekly step line (right axis). 1.0-year window; loss-period spikes above 14× shown pinned at the top. The eps (ttm) bars are red where the reading is lower than the quarter before.
near the bottom of its own range — cheaper only 25% of the time
P/EMedianEPS (TTM) (quarterly)
15.0×$1.913.0×$1.410.9×$1.08.9×$0.56.9×$0.0×$8.98×$2Jul 25Oct 25Jan 26Apr 26Jul 26
15.0×$1.913.0×$1.410.9×$1.08.9×$0.56.9×$0.0×$8.98×$2Jul 25Jan 26Jul 26
PEG 0.18 PEG ratio per quarter — the P/E divided by the earnings-growth rate. The dashed line marks 1.0: below it the growth is cheap against the multiple, above it the price already prices the growth in. Computed here as quarter-end P/E ÷ trailing-twelve-month EPS growth (only quarters with positive growth), because a reported quarterly PEG is not held for this stock. Last 5 quarters.
below 1.0, the growth looks cheap against the multiple
PEGPEG = 1.0
1.1×0.8×0.5×0.3×0.0××0.18×Mar 24Jun 24Dec 24Mar 25Mar 26
1.1×0.8×0.5×0.3×0.0××0.18×Mar 24Dec 24Mar 26
P/E
8.9×
25th percentile of 1y
PEG
n/m
not derivable — 3-year earnings growth unavailable

🚨 Why the multiple sits where it does: over the past year annual EPS moved −52.1% against a +125.1% price move — the price outran earnings, pushing the multiple UP its own range.

Put together: the multiple is low against its own past, so the story rests on the earnings line underneath it, not the multiple.

→ Cheap or dear rides on the earnings. Are they actually growing? Next: the fundamental stage — where the business sits in its arc, and how growth has compounded.

03 · Stage: Mixed

Stage: Mixed Every business sits somewhere on a fundamental arc, and this page names the spot before anything else. The last twelve quarters of revenue, profit and EPS growth — plus the return the business earns on its capital — are read as curves: Deteriorating (the curves are falling), Turning around (a trough has just formed and the last few quarters lift off it), Improving (the climb off the trough is sustained), Consistent (steadily positive with healthy returns), Topping out (still high but decelerating from the peak). When the curves genuinely disagree the read is Mixed; too little history is No read. CAGR (compound annual growth rate) is the smooth yearly pace that turns the starting value into the latest one — the fairest way to compare growth across different time spans. Read the columns together: if the 1-year number towers over the 10-year, recent growth is running hotter than the long-run trend. A dash means that window is not held, or the base year was a loss (where a growth rate is not meaningful).

Seanergy Maritime Holdings Corp. reads as mixed on its fundamental arc. Mixed — no clean majority across the growth curves, ROCE lifting at 13.9% — the per-curve reads carry the story. The read is built from 12 quarters across 4 curves, on full evidence.

Three growth curves, twelve quarters Year-on-year growth of trailing-twelve-month revenue (left axis), profit and EPS (right axis — they swing far wider), % at each quarter-end. Base-effect spikes shown pinned (▲). A missing point means that reading is not held for the quarter.
the trajectory the stage is read from
RevenueProfitEPS
68%334%40%211%12%88%−15%−36%−43%−159%%%28.6%50%40.9%Jun 23Sep 24Mar 26
68%334%40%211%12%88%−15%−36%−43%−159%%%28.6%50%40.9%Jun 23Sep 24Mar 26
ROCE Trailing-twelve-month operating profit (before interest and tax) as a share of average capital employed — total assets minus current liabilities, the standard textbook basis, %.
the return curve, computed quarterly
ROCE
15%12%8.4%4.9%1.4%%13.9%Jun 23Sep 24Mar 26
15%12%8.4%4.9%1.4%%13.9%Jun 23Sep 24Mar 26
Revenue growth
Rising
latest +28.6% · span −35.3% to +60.0%
Profit growth
Flat
latest +50.0% · span −125.0% to +100.0%
EPS growth
Flat
latest +40.9% · span −123.1% to +2,914.3%
ROCE
Rising
latest 13.9% · span 2.4%–14.3%

Why it matters: when the curves disagree, the per-curve reads above matter more than any single verdict.

Growth, year by year: revenue −5.9% in FY25, profit −50.0% Year-over-year growth per fiscal year, %: revenue (left axis); net profit and EPS (right axis — profit growth swings far wider). Zero line drawn. Turnaround-year spikes shown pinned (▲).
Revenue YoYProfit YoYEPS YoY
60%332%40%216%20%100%0.0%−16%−21%−132%%%−5.9%−50%FY21FY23FY25
60%332%40%216%20%100%0.0%−16%−21%−132%%%−5.9%−50%FY21FY23FY25
TTM growth by quarter Trailing-twelve-month growth versus the year-ago TTM, per quarter, %: revenue (left axis); profit and EPS (right axis). The acceleration read compares the last 4 quarters (+28.6%) with the last 8 annualized (+17.7%). Spikes shown pinned (▲).
revenue accelerating, profit rolling over
Revenue TTM YoYProfit TTM YoYEPS TTM YoY
68%334%40%211%12%88%−15%−36%−43%−159%%%28.6%50%Jun 23Sep 24Mar 26
68%334%40%211%12%88%−15%−36%−43%−159%%%28.6%50%Jun 23Sep 24Mar 26
Compound annual growth rate (%) Compound annual growth rate over each window, %. Revenue, profit and EPS from fiscal-year figures; stock price is the price CAGR over the same spans. A dash = that window is not held, or the base was a loss.
1yr3yr5yr10yr
Revenue−5.9%+7.2%
Profit−50.0%+0.0%
EPS−52.1%+1.7%
Stock price+125.1%
Revenue YoY (Mar 26)
+100.0%
latest quarter vs a year ago
Revenue 10y
1.6%
long-run compound pace

→ The stage names the trajectory. Next: the revenue line that produces it, quarter by quarter.

04 · 4-Factor Sector Score

4-Factor Sector Score

68.2/100 — rank 2 of 23 in Marine Shipping · 72% evidence confidence

Seanergy Maritime Holdings Corp. scores 68.2 out of 100 against the 23 companies it is compared with in Marine Shipping, ranking 2. Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.

The four contributions add to the total exactly: 25.8 + 11.2 + 14.4 + 16.8 = 68.2. This is the SAME number shown on the sector comparison — it is computed once, for the whole peer set, and read here.

What would change it: The read weakens if profit growth turns negative or margin improvement reverses while sector-relative strength deteriorates.

05 · Revenue

Revenue Revenue is the top line: everything the company billed its customers in the period.

Seanergy Maritime Holdings Corp. reported $0.0 B of revenue in the Mar 26 quarter, +100.0% year on year. That is the 3rd straight quarter of year-on-year growth. Over 4 years it has compounded at 1.6% a year. The last full year, FY25, came in at $0.2 B. The last four reported quarters add to $0.2 B.

Seanergy Maritime Holdings Corp. reported $0.0 B of revenue in the Mar 26 quarter, +100.0% year on year. That is the 3rd straight quarter of year-on-year growth. Over 4 years it has compounded at 1.6% a year. The last full year, FY25, came in at $0.2 B. The last four reported quarters add to $0.2 B.

FY25 revenue came in at $0.2 B (−5.9% on the year), capping 4 years at 1.6% compound. The latest quarter (Mar 26) printed $0.0 B, +100.0% year on year — the 3rd consecutive quarter of year-over-year growth.

FY25 revenue $0.2 B (−5.9% YoY) Revenue bars, $ B (left); YoY growth-% line (right). 5-year window. A bar is red when it is lower than the year before.
1.6% a year over 4 years
RevenueYoY growth
0.1860%0.1440%0.0920%0.050.0%0.00−21%$ B%$0B−5.9%FY21FY23FY25
0.1860%0.1440%0.0920%0.050.0%0.00−21%$ B%$0B−5.9%FY21FY23FY25
Mar 26: $0.0 B (+100.0% YoY) Quarterly revenue bars, $ B (left); YoY growth-% line (right). Last 12 quarters. A bar is red when it is lower than the quarter before.
3rd straight quarter of growth
Revenue (quarterly)YoY growth
0.05112%0.0469%0.0325%0.01−19%0.00−62%$ B%$0B100%Jun 23Sep 24Mar 26
0.05112%0.0469%0.0325%0.01−19%0.00−62%$ B%$0B100%Jun 23Sep 24Mar 26

Pace check: the last four quarters averaged +37.5% growth against the decade's 1.6% — the current year is running faster than its own long-run rate.

Acceleration check: trailing-twelve-month revenue grew +28.6% over the last 4 quarters against +17.7%/yr over the last 8 — accelerating; TTM profit +50.0% vs +73.2%/yr — rolling over.

→ Revenue grew — did margins hold as it scaled? Next: 50.0% this quarter (+50.0 pp YoY).

06 · Operating margin

Operating margin Operating margin is what is left of every $100 of sales after running the business, before interest and tax. It is the cleanest read on pricing power and cost control.

Seanergy Maritime Holdings Corp.'s operating margin is 50.0% in the Mar 26 quarter, +50.0 percentage points against the same quarter a year ago. Across 5 fiscal years the operating margin has ranged 18.2% to 46.7%. The current quarter is running above every full year in that window.

Seanergy Maritime Holdings Corp.'s operating margin is 50.0% in the Mar 26 quarter, +50.0 percentage points against the same quarter a year ago. Across 5 fiscal years the operating margin has ranged 18.2% to 46.7%. The current quarter is running above every full year in that window.

The latest quarter's operating margin is 50.0%, +50.0 pp against the same quarter a year ago. Across 5 fiscal years the operating margin has ranged 18.2%–46.7%.

Why the margin moved: operating margin went +50.0 pp year on year while gross margin went +25.0 pp — the gain came mostly below the gross line: operating leverage, with costs spread over a bigger revenue base.

FY25: 25.0% Operating margin by fiscal year, %, line (left); year-on-year change in the margin, in percentage points, line (right). 5-year window.
within a 18.2–46.7% band over 5 years
operating marginYoY change (pp)
49%20%41%8.6%32%−3.3%24%−15%16%−27%%%25%−10.3%FY21FY23FY25
49%20%41%8.6%32%−3.3%24%−15%16%−27%%%25%−10.3%FY21FY23FY25
Mar 26: 50.0% operating margin (+50.0 pp YoY) Quarterly operating margin, %, line (left); year-on-year change in the margin, in percentage points, line (right). Last 12 quarters. Operating profit as a share of revenue, per quarter.
Operating marginYoY change (pp)
54%57%40%33%25%8.4%11%−16%−4.0%−40%%%50%50%Jun 23Sep 24Mar 26
54%57%40%33%25%8.4%11%−16%−4.0%−40%%%50%50%Jun 23Sep 24Mar 26

→ Margins held — did that reach the bottom line? Next: profit null in the latest quarter.

07 · Net profit

Net profit Net profit is what survives every cost, interest and tax — the number EPS, dividends and book value all grow from.

Seanergy Maritime Holdings Corp. earned $0.0 B of net profit in the Mar 26 quarter. Full-year FY25 profit was $0.0 B. The 4-year compound rate is −15.9%. That is 25.0% of the quarter's revenue. The same quarter a year earlier lost $0.01 B. 2 of the last 12 reported quarters were loss-making.

Seanergy Maritime Holdings Corp. earned $0.0 B of net profit in the Mar 26 quarter. Full-year FY25 profit was $0.0 B. The 4-year compound rate is −15.9%. That is 25.0% of the quarter's revenue. The same quarter a year earlier lost $0.01 B. 2 of the last 12 reported quarters were loss-making.

Mar 26 profit was $0.0 B, null year on year. On the full year, FY25 printed $0.0 B (−50.0%), and the 4-year compound rate is −15.9%.

FY25 profit $0.0 B (−50.0% YoY) Net profit bars, $ B (left); YoY growth-% line (right). 5-year window. A bar is red when it is lower than the year before.
−15.9% a year over 4 years
Net profitYoY growth
0.04−46%0.03−61%0.02−75%0.01−90%0.00−104%$ B%$0B−50%FY21FY23FY25
0.04−46%0.03−61%0.02−75%0.01−90%0.00−104%$ B%$0B−50%FY21FY23FY25
Mar 26: $0.0 B (null YoY) Quarterly net profit bars, $ B (left); YoY growth-% line (right). Last 12 quarters. A bar is red when it is lower than the quarter before.
Net profit (quarterly)YoY growth
0.01216%0.006−42%0.000−100%−0.006−158%−0.012−216%$ B%$0B0%Jun 23Sep 24Mar 26
0.01216%0.006−42%0.000−100%−0.006−158%−0.012−216%$ B%$0B0%Jun 23Sep 24Mar 26

Pace comparison, last four quarters: profit −33.3% vs revenue +37.5%. Profit is growing slower than sales — costs are eating the growth before it reaches the bottom line.

→ Profit rose — but did the cash follow? Next: 212% of the last 3 years' profit arrived as cash.

08 · Cash flow — the router

Cash flow — the router The P&L says what was earned; the cash-flow statement says what actually arrived. Operating cash flow (CFO) against profit is the cleanest lie detector in the accounts.

Over the last 3 fiscal years 212% of Seanergy Maritime Holdings Corp.'s reported profit arrived as operating cash — the cash follows the profit. In FY25 that was $0.1 B of operating cash against $0.0 B of profit. After $0.0 B of capital spending, $0.0 B was left as free cash.

FY25: operating cash of $0.1 B against reported profit of $0.0 B, leaving free cash of $0.0 B after $0.0 B of capital spending. Across the last 3 fiscal years the conversion rate is 212% of profit.

Cash-flow readings here are annual — that is the resolution our series carries, so this section moves once a year.

FY25: CFO $0.1 B vs profit $0.0 B Operating cash flow and net profit by fiscal year, $ B; the line is free cash flow (CFO minus capital spending). 5-year window, annual resolution.
212% of 3-year profit arrived as cash
Operating cashNet profitFree cash
0.100.04−0.02−0.08−0.14$ B$0B$0B$0BFY21FY23FY25
0.100.04−0.02−0.08−0.14$ B$0B$0B$0BFY21FY23FY25
Dec 25: operating cash $0.0 B = 300% of the quarter's profit Operating cash per quarter, $ B (bars); conversion = operating cash as % of net profit (line, right). Last 12 quarters. Dashed line = 100%.
Operating cash (quarterly)Conversion100%
0.032316%0.024258%0.016200%0.008142%0.00084%$ B%$0B300%Mar 23Jun 24Dec 25
0.032316%0.024258%0.016200%0.008142%0.00084%$ B%$0B300%Mar 23Jun 24Dec 25

Why: conversion is measured cleanly, but the working-capital day-counts behind it sit below what we hold — the move is shown without inventing its driver.

Router verdict: the visible cash user is investment — the next section checks what the spending is buying.

→ So follow the cash to where it goes. Next: $0.0 B of building over 3 years.

09 · Where the cash goes

Where the cash goes Working capital is the cash tied up between paying suppliers and getting paid: debtor days (customers owe), inventory days (stock waits), and the cash conversion cycle (the whole loop, in days of sales).

Seanergy Maritime Holdings Corp. does not report the debtor, inventory and payable day-counts a cash cycle is built from, so this section reads the investment side instead. Capital spending ran $0.0 B over the last 3 years. Averaged over those years that is 0.0% of FY25 revenue a year.

Working-capital day-counts are not in our numbers for this stock, so this section reads the investment side — where the cash is being put to work.

On the investment side: capital spending of $0.0 B over the last 3 fiscal years.

FY25: capex $0.0 B Capital spending per fiscal year, $ B (bars).
steady investment
Capex
0.220.160.110.050.00$ B$0BFY21FY23FY25
0.220.160.110.050.00$ B$0BFY21FY23FY25
Dec 25: capex $0.0 B in the quarter Capital spending per quarter, $ B (bars, left); free cash flow, $ B (line, right). Last 12 quarters.
Capex (quarterly)Free cash
0.0320.030.0240.020.0160.000.008−0.020.000−0.03$ B$ B$0B$0BMar 23Jun 24Dec 25
0.0320.030.0240.020.0160.000.008−0.020.000−0.03$ B$ B$0B$0BMar 23Jun 24Dec 25

The synthesis: the cash is going into capacity, not disappearing into the cycle — the question becomes whether the new capacity earns.

→ Does all this activity actually earn its cost of capital? Next: ROE is 14% and the ROIC − WACC spread is −1.9 pp.

10 · Return on equity

Return on equity Return on equity (ROE) is the profit the business earns on its shareholders’ money. With the full capital-employed split not in our numbers, ROE is the cleanest long ladder we can draw here.

Seanergy Maritime Holdings Corp. earns a ROE of 7% in FY25. That is up from a trough of 0% in FY23. Return on invested capital clears the cost of that capital by −1.9 percentage points, so growth here is not yet paying for the capital it uses. The wiring behind it is 12.5% net margin on 0.26× asset turns.

FY25 ROE is 7%, recovered from a FY23 trough of 0% — the full ladder below shows the fall and the climb, undoctored.

🚨 Why the return is what it is — the wiring (FY25): 12.5% net margin × 0.26× asset turns × 2.18× balance-sheet leverage ≈ 7.1% on equity. Margin does its share; leverage is a meaningful part of the equation.

The capstone test — ROIC − WACC: 5.8% − 7.7% = a −1.9 pp spread. The 7.7% is an estimate of this company's own cost of capital — read the sign and the size of the spread, not the decimals. Negative — growth at these returns destroys value until the returns recover.

FY25: ROE 7% Return on equity by fiscal year, % (line); ROIC by fiscal year, % (line). 5-year window, dips included. Dashed line = the 7.7% cost of capital used on this page.
the climb back from FY23's 0%
ROEROIC (annual)WACC
21%15%9.7%4.1%−1.5%%7.1%8.5%FY21FY23FY25
21%15%9.7%4.1%−1.5%%7.1%8.5%FY21FY23FY25
Mar 26: ROIC 11.4% (TTM) vs WACC 7.7% Trailing-twelve-month ROIC and ROE, per quarter, %; dashed line = the cost of capital. Last 12 quarters, put on a trailing-twelve-month basis and anchored to the annual figure.
ROIC (TTM)ROE (TTM)WACC
16%11%6.0%0.9%−4.2%%11.4%3.5%Jun 23Sep 24Mar 26
16%11%6.0%0.9%−4.2%%11.4%3.5%Jun 23Sep 24Mar 26

→ Returns like these — is the balance sheet borrowing to make them? Next: debt-to-equity is 1.11.

11 · Dividend

Dividend A dividend is cash paid out per share. Dividend per share is the declared amount for the period; the trailing twelve-month total is the four most recent quarters added together.

Seanergy Maritime Holdings Corp. paid $0.58 per share over the last four reported quarters, up 300.0% on a year ago. The most recent declaration was $0.20 for Mar 26. Against the current price of $16.1 that is a trailing yield of 3.61%, measured on dividends already paid rather than on a forecast.

Seanergy Maritime Holdings Corp. paid $0.58 per share over the last four reported quarters, up 300.0% on a year ago. The most recent declaration was $0.20 for Mar 26. Against the current price of $16.1 that is a trailing yield of 3.61%, measured on dividends already paid rather than on a forecast.

Seanergy Maritime Holdings Corp. paid $0.58 per share across the last four reported quarters, most recently $0.20 for Mar 26. That is up 300.0% against the same quarter a year earlier. Against the current price of $16.1 the trailing twelve months work out to 3.61% — trailing dividends measured against today's price, not a forward estimate.

Dividend per share by quarter Declared dividend per share, $ B, per reported quarter. 12 quarters on file.
latest $0.20 (Mar 26)
Dividend per share
0.280.210.140.070.00$ B$0BJun 23Dec 23Sep 24Jun 25Mar 26
0.280.210.140.070.00$ B$0BJun 23Sep 24Mar 26

→ A payout is cash leaving the business. Next: what the balance sheet looks like behind it.

12 · Debt

Debt Debt-to-equity says how much of the business is funded by borrowings. Low is the safe corner; the trend matters as much as the level.

Seanergy Maritime Holdings Corp. carries total debt of $0.3 B against shareholder equity of $0.3 B as of Mar 26, a debt-to-equity of 1.10. On the annual view that ratio went from 0.92 in FY21 to 1.04 in FY25. Read the returns elsewhere on this page with that leverage in mind.

Mar 26: total debt of $0.3 B against shareholder equity of $0.3 B — a debt-to-equity of 1.10. On the annual view, debt-to-equity went from 0.92 (FY21) to 1.04 (FY25). Read the returns on this page with that leverage in mind.

FY25: debt $0.3 B at 1.04× equity Total debt by fiscal year, $ B (bars); debt-to-equity, × (line). 5-year window.
Total debtDebt-to-equity
0.311.20×0.231.13×0.161.05×0.080.97×0.000.90×$ B×$0B1.04×FY21FY23FY25
0.311.20×0.231.13×0.161.05×0.080.97×0.000.90×$ B×$0B1.04×FY21FY23FY25
Mar 26: debt $0.3 B, debt-to-equity 1.10 Total debt per quarter, $ B (bars); debt-to-equity, × (line). Last 12 quarters.
Total debt (quarterly)Debt-to-equity
0.351.3×0.261.2×0.171.1×0.091.0×0.000.9×$ B×$0B1.10×Jun 23Sep 24Mar 26
0.351.3×0.261.2×0.171.1×0.091.0×0.000.9×$ B×$0B1.10×Jun 23Sep 24Mar 26

→ Who owns this, and are they adding or leaving? Next: short interest is 1.4% of the float.

13 · Ownership

Ownership There is no quarter-by-quarter holder register to read here, so we read the crowd through short interest — the slice of tradable shares currently sold short, positioned for a fall.

1.4% of Seanergy Maritime Holdings Corp.'s tradable float is currently sold short — the crowd is not positioned against this stock. At typical trading volumes those positions would take about 1.0 days to buy back. There is no quarter-by-quarter holder register to read for this filer, so the crowd is read through short interest instead.

The latest reading: 1.4% of the float is sold short, and at typical trading volumes it would take about 1.0 days to buy those positions back. The crowd is not positioned against this stock. This is a single point-in-time reading — we do not yet hold its history, so we show no trend chart.

Short interest
1.4%
of the tradable float
Days to cover
1.0
at typical volumes

Why it sits there: who is doing the shorting, and why, does not travel with the number — the level is shown without inventing its story.

→ One last check: does the safety math agree? Next: the balance-sheet safety line.

14 · Safety line

Safety line The Z-score estimates how far a company sits from balance-sheet distress — above roughly 3 is safe, below roughly 1.8 is the danger zone. It was built for manufacturers, so it is not applied to banks and lenders.

Seanergy Maritime Holdings Corp.: the Z-score is not available for this stock, so we say so rather than invent one. It is a distance-to-distress estimate from the balance sheet, not a forecast of failure. The debt, cash-flow and return sections above carry the balance-sheet evidence this page does hold, and each of them states its own reporting date.

The safety line in one sentence: the Z-score is not available for this stock, so we say so rather than invent one.

Related companies · same industry · Marine Shipping Every company is compared on the shape of its own curves, not static ratios. The Revenue, EPS and ROCE columns each draw that company's last 12 quarters as a mini line of the ACTUAL level (trailing-twelve-month revenue and EPS, and the ROCE itself) — so a line that climbs is a business getting bigger, a line that sinks is one shrinking. The colour tracks the same line: green when it is rising or steadily healthy, amber when it is rolling over from a high (still elevated but turning down), red when it is falling, grey when flat or stuck. Colour and direction always agree — a green line never points down. The ROCE curve is the return on capital (annual readings for peers, so a slightly coarser line than the quarterly one at the top of this page). The Stage column then runs the same 12-quarter trajectory classifier used at the top of the page on each company and names where it sits. What lands a company in each bucket: CONSISTENT — growth stays positive across the window and returns are healthy (ROCE ≥ 15%, or ROE ≥ 12% for lenders); IMPROVING — profit or EPS fell into real decline, bottomed a few quarters back, and has climbed back to positive and held there; TURNING AROUND — the same kind of trough but more recent, with the latest quarters just lifting off it (an early, unconfirmed turn); TOPPING OUT — growth is still positive but decelerating hard from its own peak while returns have stopped rising; DETERIORATING — two or more growth curves are shrinking (latest below zero) and staying there, not one soft quarter; MIXED — the curves genuinely disagree, or no clean majority, so no single word fits; NO READ — fewer than eight usable quarters. It is a like-for-like read of every company against its own past, not a ranking against the group.
CompanyP/EMkt capRevenueEPSROCEStage
Seanergy Maritime Holdings Corp. this page8.9×$0BMixed
Kirby Corporation22.3×$8BMixed
Matson, Inc.14.9×$6BDeteriorating
Hafnia Limited8.2×$4BTurning around
Star Bulk Carriers Corp.22.5×$3BDeteriorating
ZIM Integrated Shipping Services Ltd.29.6×$3BDeteriorating
Danaos Corporation5.0×$3BMixed
Navios Maritime Partners L.P.6.6×$2BImproving
Okeanis Eco Tankers Corp.11.4×$2BTurning around
Costamare Inc.5.8×$2BImproving
SFL Corporation Ltd.51.1×$2BDeteriorating
Global Ship Lease, Inc.4.2×$2BTopping out
Capital Clean Energy Carriers Corp.13.4×$1BMixed
Genco Shipping & Trading Limited65.5×$1BTurning around
Safe Bulkers, Inc.16.8×$1BTurning around
Himalaya Shipping Ltd.24.7×$1BNo read
Ardmore Shipping Corporation12.4×$1BTurning around
Euroseas Ltd.4.0×$1BMixed
Pangaea Logistics Solutions Ltd.14.0×$0BImproving
Costamare Bulkers Holdings Limited$0BNo read
StealthGas Inc.5.3×$0BMixed
Diana Shipping Inc.6.3×$0BTurning around
SEACOR Marine Holdings Inc.$0BNo read
12 · Frequently asked questions

Frequently asked questions

What is Seanergy Maritime Holdings Corp.'s stock price today?

Seanergy Maritime Holdings Corp. trades at $16.1, +125.1% over the past year. The company is valued at $0.0 B. The stock sits at 94% of its 52-week range of $7–$17, +30.5% versus its 200-day average. Against the S&P 500 it has been ahead on a trailing-13-week view for 2 weeks. — as of 29 July 2026.

What were Seanergy Maritime Holdings Corp.'s latest quarterly results?

Seanergy Maritime Holdings Corp. reported revenue of $0.0 B and net profit of $0.0 B for the Mar 26 quarter. Earnings per share were $0.45. The operating margin was 50.0%, 50.0 pp higher than a year earlier. — as of 29 July 2026.

What is Seanergy Maritime Holdings Corp.'s revenue?

Seanergy Maritime Holdings Corp. reported revenue of $0.0 B in the Mar 26 quarter, +100.0% year on year. For the full FY25 fiscal year, revenue was $0.2 B (−5.9%). Over the last 4 years revenue compounded at 1.6% a year. — as of 29 July 2026.

What is Seanergy Maritime Holdings Corp.'s profit?

Seanergy Maritime Holdings Corp. earned $0.0 B of net profit in the Mar 26 quarter. Full-year FY25 profit was $0.0 B. The operating margin ran 50.0% in the latest quarter. — as of 29 July 2026.

What is Seanergy Maritime Holdings Corp.'s market cap?

Seanergy Maritime Holdings Corp.'s market capitalisation is $0.0 B at a stock price of $16.1. Market cap is the share price multiplied by shares outstanding, so it is restated whenever the price moves. — as of 29 July 2026.

What is Seanergy Maritime Holdings Corp.'s P/E ratio?

Seanergy Maritime Holdings Corp. trades at a P/E of 8.9×, at the 25th percentile of its own 1-year range, against a long-run median of 10.4×. This is a comparison with the stock's own history, not a value call — as of 29 July 2026.

Does Seanergy Maritime Holdings Corp. pay a dividend?

Yes — Seanergy Maritime Holdings Corp. declared $0.20 per share for Mar 26, and $0.58 per share across the last four reported quarters. The latest quarter is up 300.0% on the same quarter a year earlier. — as of 29 July 2026.

What is Seanergy Maritime Holdings Corp.'s dividend per share?

Seanergy Maritime Holdings Corp.'s most recently declared dividend is $0.20 per share for Mar 26, giving $0.58 per share over the trailing twelve months. Each figure is the amount declared for that quarter as reported, added across four quarters for the trailing total. — as of 29 July 2026.

What is Seanergy Maritime Holdings Corp.'s dividend yield?

Seanergy Maritime Holdings Corp.'s trailing dividend yield is 3.61%: $0.58 declared per share across the last four reported quarters, against a share price of $16.1. Each quarter’s figure is the amount declared for that quarter as reported, added across four quarters and divided by the latest close. — as of 29 July 2026.

Is Seanergy Maritime Holdings Corp. overvalued?

On its own history, Seanergy Maritime Holdings Corp. looks cheap against its own history: its P/E of 8.9× has been cheaper only 25% of the time in 1 years (long-run median 10.4×). That is a percentile read against the stock's own past, not a price opinion or a direction call. — as of 29 July 2026.

How is Seanergy Maritime Holdings Corp. performing?

Seanergy Maritime Holdings Corp.'s latest readings are below. Against the S&P 500 it has been ahead on a trailing-13-week view for 2 weeks. This describes what the data did, not a rating. — as of 29 July 2026.

What stage is Seanergy Maritime Holdings Corp. in?

Mixed — no clean majority across the growth curves, ROCE lifting at 13.9% — the per-curve reads carry the story. The read comes from the last 12 quarters of growth (revenue growth +28.6% latest, profit growth +50.0% latest, eps growth +40.9% latest) plus the ROCE curve, classified by deterministic rules — a trajectory read, not a buy or sell call — as of 29 July 2026.

Is Seanergy Maritime Holdings Corp. beating the market?

On recent form, yes — Seanergy Maritime Holdings Corp. has been ahead of the S&P 500 on a trailing-13-week view for 2 straight weeks, the same metric the week-by-week ribbon on this page draws. Separately, on the cumulative view: over the last 1.0 years the stock moved +134% against the S&P 500's +19% — ahead of the index over the full window. — as of 29 July 2026.

Will Seanergy Maritime Holdings Corp.'s stock price go up?

This page publishes no price forecast for Seanergy Maritime Holdings Corp. What it measures instead: the stock price is $16.1. Its P/E of 8.9× sits at the 25th percentile of its own 1-year range. Direction is not something this site claims to know. — as of 29 July 2026.

Is the market betting against Seanergy Maritime Holdings Corp.?

No — short interest is 1.4% of Seanergy Maritime Holdings Corp.'s tradable float, about 1.0 days to cover at typical volumes. That is a low reading: the crowd is not positioned against this stock. With no quarter-by-quarter holder register here, short interest is the cleanest crowd read we hold — as of 29 July 2026.

Does Seanergy Maritime Holdings Corp. have too much debt?

It carries real leverage — Seanergy Maritime Holdings Corp.'s debt-to-equity is 1.11. A year-by-year borrowings ladder is not in our numbers for this stock, so the latest reading is the cleanest hold. Read the returns on this page with that leverage in mind — as of 29 July 2026.

What is Seanergy Maritime Holdings Corp.'s capex?

Seanergy Maritime Holdings Corp. spent $0.0 B on capital expenditure over the last 3 fiscal years, a figure derived from the change in fixed assets plus depreciation. In FY25 alone that was $0.0 B. — as of 29 July 2026.

What is Seanergy Maritime Holdings Corp.'s cash flow?

Seanergy Maritime Holdings Corp. generated $0.1 B of operating cash flow in FY25 and $0.0 B of free cash flow after $0.0 B of capital spending. Reported profit that year was $0.0 B, so operating cash ran ahead of profit. — as of 29 July 2026.

Is Seanergy Maritime Holdings Corp.'s profit real cash?

Yes — over the last 3 fiscal years, 212% of Seanergy Maritime Holdings Corp.'s reported profit arrived as operating cash. In FY25, operating cash was $0.1 B against reported profit of $0.0 B. The cash then goes mostly into building capacity. Cash-flow resolution is annual — as of 29 July 2026.

Where is Seanergy Maritime Holdings Corp. in its business cycle?

Seanergy Maritime Holdings Corp.'s FY25 operating margin was 25.0%, against a 5-year band of 18.2%–46.7%: the low end of its own band, which is where recoveries start when they come. The latest quarter ran 50.0%. Profitability versus a company's own long band is the cleanest cycle clock this page holds — as of 29 July 2026.

What could break the Seanergy Maritime Holdings Corp. story?

The sharpest disagreement: the price moved +125.1% in a year while annual EPS moved −52.1% — the difference is re-rating, and re-rating has to be repaid with earnings. Mechanically, two Friday closes in a row below the 200-day average would end the price trend — that is the exit rule this page tracks — as of 29 July 2026.

Is Seanergy Maritime Holdings Corp. a stock worth studying right now?

This is not investment advice. The machine read: Seanergy Maritime Holdings Corp.'s three tracks disagree. Price, valuation and the earnings engine each tell a different story — the next quarter or two settles it. The sharpest open question: whether earnings grow into a price that has already moved. Every number on this page is drawn deterministically from the raw series, with no forecasts and no price opinions — as of 29 July 2026.

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