Seanergy Maritime Holdings Corp. (SHIP)

Deep Sea Foreign Transportation of Freight

Latest Price

$14.46

TTM P/E

Normalized P/E

TTM Div Yield

2.28%

Fwd Div Yield

9.68%

Book Value

13.75

P/B Ratio

1.05

Valuation metrics

EPS: $1.01

Book value / share: $13.33

Formula: √(22.5 × EPS × BVPS)

Graham Number

$17.40

+20% upside

Base FCF: $17M (median of recent 5yr)

Growth: 5%/yr (median YOY, capped at 25%)

Discount rate: 10%

Terminal growth: 3%

Projection horizon: 10 years

DCF Fair Value

$2.29

84% downside

EPS: $1.01

Target P/E: 15×

Formula: EPS × P/E

P/E Fair Value

$15.15

+5% upside