SHIP (Seanergy Maritime Holdings) Earnings Yield (Joel Greenblatt) %: 10.74% (As of Mar. 2026) — 96% Above Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

SHIP Seanergy Maritime Holdings Corp SHIP
73 GF Score
Price $16.18
GF Value $10.68
Valuation Significantly Overvalued
! 9 Warning Signs
View Full Analysis

What is Seanergy Maritime Holdings Earnings Yield (Joel Greenblatt) %?

Seanergy Maritime Holdings SHIP -0.86% 73 Earnings Yield (Joel Greenblatt) % is 10.74% as of Mar. 2026, which is 96% above its 10-year median of 5.48. GuruFocus rates SHIP with a GF Score™ of 73/100 and a GF Value™ of $10.68 (Significantly Overvalued). The stock has 9 warning signs investors should review. Among 1,025 Transportation companies, Seanergy Maritime Holdings ranks better than 66.63% on this metric.

Seanergy Maritime Holdings's Enterprise Value for the quarter that ended in Mar. 2026 was $530.6 Mil. Seanergy Maritime Holdings's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was $57.0 Mil. Seanergy Maritime Holdings's Earnings Yield (Joel Greenblatt) for the quarter that ended in Mar. 2026 was 10.74%.

The historical rank and industry rank for Seanergy Maritime Holdings's Earnings Yield (Joel Greenblatt) % or its related term are showing as below:

SHIP' s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: -196.05   Med: 5.48   Max: 19.87
Current: 9.48

During the past 13 years, the highest Earnings Yield (Joel Greenblatt) of Seanergy Maritime Holdings was 19.87%. The lowest was -196.05%. And the median was 5.48%.

SHIP's Earnings Yield (Joel Greenblatt) % is ranked better than
66.63% of 1025 companies
in the Transportation industry
Industry Median: 6.82 vs SHIP: 9.48

Joel Greenblatt's definition of earnings yield has the same problems the regular earnings yield does. It does not consider the growth of the company. It only looks at one-year's business operation. For cyclical companies, the earnings yield is usually highest at the peak of the business cycle. But these earnings are rarely sustainable.

A better indicator of the attractiveness of an investment which takes growth into account is the Forward Rate of Return (Yacktman) %. Seanergy Maritime Holdings's Forward Rate of Return (Yacktman) % for the quarter that ended in Mar. 2026 was 0.00%. The Forward Rate of Return uses the normalized Free Cash Flow of the past five years, and considers growth. The forward rate of return can be thought of as the return that investors buying the stock today can expect from it in the future.


Seanergy Maritime Holdings  (NAS:SHIP) Earnings Yield (Joel Greenblatt) % Explanation

Joel Greenblatt defines the earnings yield using the above equation because it more accurately reflects the company's profitability relative to its stock price. Items like interest payment and tax etc. are not directly related to the company's operational profitability.

Enterprise Value instead of market cap (share price) is used in the calculation because it is the real price stock and bond investors together pay for the company.


Be Aware

Joel Greenblatt's definition of earnings yield has the same problems the regular earnings yield does. It does not consider the growth of the company. It only looks at one-year's business operation. For cyclical companies, the earnings yield is usually highest at the peak of the business cycle. But these earnings are rarely sustainable.

Forward Rate of Return (Yacktman) % based on Don Yacktman's definition is a better measure of the expected rate of return for a stock.


Seanergy Maritime Holdings Earnings Yield (Joel Greenblatt) % Related Terms


Seanergy Maritime Holdings Earnings Yield (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for Seanergy Maritime Holdings's Earnings Yield (Joel Greenblatt) % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Seanergy Maritime Holdings Earnings Yield (Joel Greenblatt) % Chart

Seanergy Maritime Holdings Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Earnings Yield (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 15.43 9.22 5.59 16.47 9.35

Seanergy Maritime Holdings Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Earnings Yield (Joel Greenblatt) % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 10.81 8.49 8.36 9.35 10.74

SHIP vs GASS, DSX, SMHI: Earnings Yield (Joel Greenblatt) % Comparison

For the Marine Shipping subindustry, Seanergy Maritime Holdings's Earnings Yield (Joel Greenblatt) %, along with its competitors' market caps and Earnings Yield (Joel Greenblatt) % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Seanergy Maritime Holdings Earnings Yield (Joel Greenblatt) % vs Transportation Industry

For the Transportation industry and Industrials sector, Seanergy Maritime Holdings's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where Seanergy Maritime Holdings's Earnings Yield (Joel Greenblatt) % falls into.


SHIP
73GF Score
Seanergy Maritime Holdings Corp SHIP
Earnings Yield (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Seanergy Maritime Holdings Earnings Yield (Joel Greenblatt) % Calculation

In his book, The Little That Beat the Market, hedge fund manager Joel Greenblatt defines Earnings Yield as operating income divided by enterprise value.

Seanergy Maritime Holdingss Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Dec. 2025 is calculated as

Earnings Yield (Joel Greenblatt)=EBIT/Enterprise Value
=40.895/437.01222
=9.36 %

Seanergy Maritime Holdings's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $57.0 Mil.


What does a Earnings Yield (Joel Greenblatt) % of 10.74% mean?
Seanergy Maritime Holdings (SHIP) has a Earnings Yield (Joel Greenblatt) % of 10.74% as of Mar. 2026. Joel Greenblatt's earnings yield equals the ratio of earnings before interest and taxes to enterprise value. View historical data on Seanergy Maritime Holdings and its competitors. This is 96% above median its historical median of 5.48. According to the industry distribution chart, Seanergy Maritime Holdings ranks #342 out of 1025 companies in the Transportation industry, placing it in the top 33.4%.
Is Seanergy Maritime Holdings' Earnings Yield (Joel Greenblatt) % too high?
Seanergy Maritime Holdings' current Earnings Yield (Joel Greenblatt) % of 10.74% is 96% above median its 10-year median of 5.48. The Transportation industry median Earnings Yield (Joel Greenblatt) % is 6.82. Seanergy Maritime Holdings' value of 10.74% is 57.5% above this industry median. Based on the distribution chart, Seanergy Maritime Holdings ranks #342 out of 1025 companies in the Transportation industry, which is above the industry midpoint. Overall, Seanergy Maritime Holdings has a GF Score™ of 73/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Seanergy Maritime Holdings' Earnings Yield (Joel Greenblatt) % compare to GASS and DSX?
According to the Transportation industry distribution chart, Seanergy Maritime Holdings ranks #342 out of 1025 companies for Earnings Yield (Joel Greenblatt) %. This puts Seanergy Maritime Holdings in the upper half of its industry. The industry median Earnings Yield (Joel Greenblatt) % is 6.82. Seanergy Maritime Holdings' value of 10.74% is 57.5% above this benchmark. While the company's 10-year median is 5.48 vs. the industry median of 6.82, Seanergy Maritime Holdings has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Earnings Yield (Joel Greenblatt) % for a Transportation company?
The median Earnings Yield (Joel Greenblatt) % among Transportation companies is 6.82, based on 1,025 companies in the industry. Companies in the top quartile (top 25%) have a Earnings Yield (Joel Greenblatt) % significantly above this median, while those in the bottom quartile fall well below. However, Earnings Yield (Joel Greenblatt) % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Seanergy Maritime Holdings's current Earnings Yield (Joel Greenblatt) % of 10.74% is 57.5% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Earnings Yield (Joel Greenblatt) % mean?
A high Earnings Yield (Joel Greenblatt) % can signal that a stock is expensive relative to its fundamentals. Joel Greenblatt's earnings yield equals the ratio of earnings before interest and taxes to enterprise value. View historical data on Seanergy Maritime Holdings and its competitors. For the Transportation industry, the median Earnings Yield (Joel Greenblatt) % is 6.82 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Seanergy Maritime Holdings's current Earnings Yield (Joel Greenblatt) % is 10.74%, which is 96% above median its own 10-year median of 5.48. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Seanergy Maritime Holdings stock overvalued right now?
Based on GuruFocus' analysis, Seanergy Maritime Holdings (SHIP) is currently considered Significantly Overvalued. The stock's GF Value™ is $10.68, compared to a current price of $16.18 — trading 51.5% above its estimated fair value. The current Earnings Yield (Joel Greenblatt) % is 10.74%, which is 96% above median its 10-year median of 5.48 and 57.5% above the Transportation industry median of 6.82. Seanergy Maritime Holdings' overall GF Score™ is 73/100 with 9 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Earnings Yield (Joel Greenblatt) % calculated?
Earnings Yield (Joel Greenblatt) % is calculated from a company's financial statements. For Seanergy Maritime Holdings (SHIP), the current Earnings Yield (Joel Greenblatt) % is 10.74% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Seanergy Maritime Holdings (SHIP) Overvalued in 2026?

Based on GuruFocus' analysis, Seanergy Maritime Holdings stock appears to be overvalued. The current stock price of $16.18 is trading 51.5% above its estimated GF Value™ of $10.68. GuruFocus considers Seanergy Maritime Holdings to be Significantly Overvalued.

Key valuation signals for SHIP:

  • Earnings Yield (Joel Greenblatt) %: 10.74% (96% above median its 10-year median of 5.48)
  • GF Value™: $10.68 vs. price of $16.18 (51.5% above fair value)
  • GF Score™: 73/100 with 9 warning signs
  • Industry Position: 57.5% above the Transportation median (#342 of 1025)

No single metric tells the full story. See the SHIP stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Seanergy Maritime Holdings Business Description

Other Exchanges RHS:Germany
Address 154 Vouliagmenis Avenue, Glyfada, Athens, GRC, 166 74
Seanergy Maritime Holdings Corp is an international shipping company that provides marine dry bulk transportation services through a modern fleet of Capesize vessels. It generates a majority of its revenue from the vessels. The company's fleet of vessels includes Blueship, Meiship, Kaizenship, Iconship, Titanship, Flagship, Paroship, Worldship, Hellasship, Partnership, Championship, Patriotship, Dukeship, Honorship, Fellowship, Knightship, Lordship, Premiership, Squireship, and Friendship.
73GF Score

Get the complete analysis for SHIP

Earnings Yield (Joel Greenblatt) % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$16.18
Price
$10.68
GF Value