SHIP
Seanergy Maritime Holdings Corp.
SHIP trails on the overall score without a compensating advantage in the available component scores.
VRT
Vertiv Holdings Co
VRT has the edge over SHIP overall, supported by stronger modeled upside and stronger valuation.
SHIP Fundamentals
| Metric | Status |
|---|---|
| Strong | |
| Strong | |
| Healthy | |
| Stable |
SHIP's revenue, profitability and cash flow are currently healthy, and its balance sheet is stable.
VRT Fundamentals
| Metric | Status |
|---|---|
| Strong | |
| Strong | |
| Strong | |
| Strong |
VRT's revenue, profitability, cash flow and balance sheet are all currently strong.
SHIP PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Cheap | 3.1x | $8.79 | -44% |
| Current | 5.5x | $15.58 | — |
| Forward | 5.5x | $15.58 | — |
| Fair | 9.8x | $28.08 | +80% |
| Expensive | 14x | $41.38 | +166% |
Historical ranges are pointers, not guarantees.
SHIP's PE is in its fair range at 5.5x. On analysts' estimates for next year's earnings, today's price would be 5.5x.
VRT PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Forward | 23x | $210 | — |
| Current | 39x | $210 | — |
| Cheap | 58x | $308 | +47% |
| Fair | 72x | $383 | +83% |
| Expensive | 88x | $472 | +125% |
Historical ranges are pointers, not guarantees.
VRT has the edge over SHIP in the historical PE scenario, which offers more potential upside but is not a forecast.
SHIP Forward outlook
| Metric | Outlook |
|---|---|
| Stable | |
| Stable | |
| Growth | |
| Strongly weakening | |
| Limited | |
| Moderate |
Analysts expect SHIP's revenue to grow, but its profitability to weaken.
VRT Forward outlook
| Metric | Outlook |
|---|---|
| Strongly improving | |
| Strong growth | |
| Strong growth | |
| Strongly improving | |
| Moderate | |
| Moderate |
VRT has the edge over SHIP on the outlook, with more favorable valuation and earnings expectations.
SHIP Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $2.82 | -1.3% |
| Q2 2026 | $2.86 | +281% |
| Q1 2026 | $1.79 | +43% |
| Q4 2025 | $1.00 | -52% |
| Q3 2025 | $0.73 | -69% |
| Q2 2025 | $0.75 | -47% |
| Q1 2025 | $1.25 | +56% |
| Q4 2024 | $2.09 | +4080% |
| Q3 2024 | $2.32 | +$2.81 |
SHIP's earnings per share have fallen from their peak: $2.86 over the past year, against $72,120.00 in late 2014.
VRT Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $9.14 | +71% |
| Q3 2026 | $5.35 | +102% |
| Q2 2026 | $4.42 | +111% |
| Q1 2026 | $3.98 | +131% |
| Q4 2025 | $3.41 | +166% |
| Q3 2025 | $2.65 | +75% |
| Q2 2025 | $2.09 | +62% |
| Q1 2025 | $1.72 | +64% |
| Q4 2024 | $1.28 | +7.6% |
VRT has the edge over SHIP on earnings, with more consistent year-over-year improvement.
SHIP Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q2 2026 | $55.7M | +49% |
| Q1 2026 | $42.9M | +77% |
| Q4 2025 | $49.4M | +19% |
| Q3 2025 | $47M | +5.9% |
| Q2 2025 | $37.5M | -13% |
| Q1 2025 | $24.2M | -37% |
| Q4 2024 | $41.7M | +5.7% |
| Q3 2024 | $44.4M | +81% |
SHIP's revenue has grown year over year for four quarters in a row: $56M last quarter, up 49% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q2 2026 | 47% | +25 points |
| Q1 2026 | 27% | +35 points |
| Q4 2025 | 37% | +12 points |
| Q3 2025 | 34% | -5.9 points |
| Q2 2025 | 22% | -23 points |
| Q1 2025 | -7% | -46 points |
| Q4 2024 | 26% | -11 points |
| Q3 2024 | 40% | +40 points |
SHIP has the edge over VRT on profitability, with a higher operating margin.
VRT Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $4.3B | +61% |
| Q2 2026 | $3.3B | +24% |
| Q1 2026 | $2.6B | +30% |
| Q4 2025 | $2.9B | +23% |
| Q3 2025 | $2.7B | +29% |
| Q2 2025 | $2.6B | +35% |
| Q1 2025 | $2B | +24% |
| Q4 2024 | $2.3B | +26% |
VRT has the edge over SHIP on sales, with more consistent year-over-year improvement.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 23% | +3.5 points |
| Q2 2026 | 19% | +2.7 points |
| Q1 2026 | 17% | +2.3 points |
| Q4 2025 | 20% | +0.7 points |
| Q3 2025 | 19% | +1.4 points |
| Q2 2025 | 17% | -0.4 points |
| Q1 2025 | 14% | +1.9 points |
| Q4 2024 | 19% | +4.2 points |
VRT's operating margin was 23% last quarter, up 3.5 points from the same quarter a year ago, near the top of its range since 2020.
SHIP Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q2 2026 | -$7.6M | -192% |
| Q1 2026 | -$19.6M | +$8.4M |
| Q4 2025 | $26.5M | +$39.6M |
| Q3 2025 | $10.8M | -18% |
| Q2 2025 | $8.2M | +$21.9M |
| Q1 2025 | -$28M | -294% |
| Q4 2024 | -$13.1M | -156% |
| Q3 2024 | $13.3M | +122% |
SHIP's free cash flow has turned positive again: $10M over the past year, against −$20M the year before.
VRT Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $654.9M | +41% |
| Q2 2026 | $926.5M | +233% |
| Q1 2026 | $654.2M | +145% |
| Q4 2025 | $885.6M | +143% |
| Q3 2025 | $463.5M | +36% |
| Q2 2025 | $277.9M | -19% |
| Q1 2025 | $266.8M | +162% |
| Q4 2024 | $364.5M | +18% |
VRT has the edge over SHIP on cash flow, with more consistent year-over-year improvement.
SHIP Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +0.8% | +177K shares |
| 1 year | +3.2% | +664K shares |
| 3 years | +7.4% | +1.5M shares |
| 5 years | +23% | +3.9M shares |
| Available history | +2117046% | +21.1M shares |
SHIP has 21M diluted shares, up 3.2% from a year ago.
| Quarter | Spent |
|---|---|
| Q2 2026 | — |
| Q1 2026 | — |
| Q4 2025 | — |
| Q3 2025 | — |
| Q2 2025 | — |
| Q1 2025 | — |
| Q4 2024 | $2M |
| Q3 2024 | $1M |
SHIP hasn't bought back shares in the past year.
VRT Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | 0% | -64.9K shares |
| 1 year | +0.4% | +1.8M shares |
| 3 years | +1.1% | +4.4M shares |
| 5 years | +10% | +36M shares |
| Available history | +63% | +152M shares |
VRT has the edge over SHIP on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q4 2025 | — |
| Q3 2025 | — |
| Q2 2025 | — |
| Q1 2025 | — |
| Q4 2024 | — |
| Q3 2024 | — |
| Q2 2024 | — |
| Q1 2024 | $599.9M |
SHIP Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q2 2026 | 2.1x | Moderate |
| Q1 2026 | 2.6x | Moderate |
| Q4 2025 | 2.9x | Moderate |
| Q3 2025 | 3.5x | Elevated |
| Q2 2025 | 4.3x | High |
| Q1 2025 | 3.7x | Elevated |
| Q4 2024 | 2.6x | Moderate |
| Q3 2024 | 2.1x | Moderate |
SHIP's net debt is about 2.1 years of its operating earnings (EBITDA), down from 4.3 years a year ago.
VRT Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | -0.2x | Net Cash |
| Q2 2026 | 0.1x | Very low |
| Q1 2026 | 0.3x | Very low |
| Q4 2025 | 0.6x | Very low |
| Q3 2025 | 0.8x | Very low |
| Q2 2025 | 0.7x | Very low |
| Q1 2025 | 0.8x | Very low |
| Q4 2024 | 1.0x | Healthy |
VRT has the edge over SHIP on leverage, with a lower net debt burden relative to earnings.
SHIP Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 49.4 | Neutral |
| Stochastic | 19.7 | Oversold |
SHIP's weekly RSI is 49 (neutral) and its Stochastic is 20 (oversold).
VRT Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 43.0 | Neutral |
| Stochastic | 26.4 | Neutral |
VRT's weekly RSI is 43 (neutral) and its Stochastic is 26 (neutral).
SHIP PE vs Industrials Sector
| Metric | SHIP | Sector median | Relative |
|---|---|---|---|
| PE | 5.5x | 24x | 77% below |
| PE % | 33 | 58 | 25 pts below |
SHIP has the edge over VRT on valuation relative to its sector.
VRT PE vs Industrials Sector
| Metric | VRT | Sector median | Relative |
|---|---|---|---|
| PE | 39x | 24x | 63% above |
| PE % | 3 | 58 | 55 pts below |
VRT is trading at 39x earnings, a 63% premium to the Industrials sector's median of 24x.
SHIP Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $16.0 | 2.8% below |
| 20 week MA | $16.5 | 5.3% below |
| 50 week MA | $14.3 | 9.3% above |
| 100 week MA | $10.7 | 45% above |
| 200 week MA | $9.14 | 70% above |
SHIP has the edge over VRT on trend strength, trading above more of its moving averages.
VRT Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $221.8 | 5.5% below |
| 20 week MA | $254.4 | 18% below |
| 50 week MA | $253.9 | 17% below |
| 100 week MA | $189.1 | 11% above |
| 200 week MA | $123.5 | 70% above |
VRT has pulled back, but its long-term trend is still up: it's below its 8-, 20- and 50-week averages, but 70% above its 200-week average.
SHIP Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $81.4 | $5.04 | -94% |
| 2021 | $5.04 | $9.12 | +81% |
| 2022 | $9.12 | $5.74 | -37% |
| 2023 | $5.74 | $7.83 | +36% |
| 2024 | $7.83 | $6.72 | -14% |
| 2025 | $6.72 | $9.45 | +41% |
| 2026 YTD | $9.45 | $15.6 | +65% |
SHIP has the edge over VRT on returns for 2026, with the stronger performance.
VRT Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $10.9 | $18.9 | +73% |
| 2021 | $18.9 | $24.9 | +31% |
| 2022 | $24.9 | $12.8 | -48% |
| 2023 | $12.8 | $48.0 | +275% |
| 2024 | $48.0 | $115.1 | +140% |
| 2025 | $115.1 | $167.6 | +46% |
| 2026 YTD | $167.6 | $209.6 | +25% |
VRT's yearly returns have swung widely, from +275% in 2023 to −48% in 2022. It's up 25% so far in 2026.