Seanergy Maritime HoldingsFRA:RHS -1.56%76 Interest Coverage is 2.41 as of Mar. 2026, which is 63% above its 10-year median of 1.48. GuruFocus rates FRA:RHS with a GF Score™ of 76/100 and a GF Value™ of €9.36 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 845 Transportation companies, Seanergy Maritime Holdings ranks worse than 70.3% on this metric.
Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's
Operating Income
by its Interest Expense. Seanergy Maritime Holdings's
Operating Income
for the
three
months ended in Mar. 2026 was €10.2 Mil. Seanergy Maritime Holdings's Interest Expense for the
three
months ended in Mar. 2026 was €-4.2 Mil.
Seanergy Maritime Holdings's interest coverage for the quarter that ended in Mar. 2026 was 2.41.
The higher the ratio, the stronger the company's financial strength is.
The historical rank and industry rank for Seanergy Maritime Holdings's Interest Coverage or its related term are showing as below:
FRA:RHS'
s Interest Coverage Range Over the Past 10 Years
Min: 0.25 Med: 1.48 Max: 6.02
Current: 2.83
FRA:RHS's Interest Coverage is ranked worse than 70.3% of 845
companies
in the Transportation industry
Industry Median: 5.66
vs FRA:RHS: 2.83
Ben Graham requires that a company has a minimum interest coverage of 5 with the companies he invested. If the interest coverage is less than 2, the company is burdened by debt. Any business slow or recession may drag the company into a situation where it cannot pay the interest on its debt.
Interest Coverage is an important factor when GuruFocus ranks a company's overage Financial Strength .
Seanergy Maritime Holdings Interest Coverage Related Terms
Seanergy Maritime Holdings Interest Coverage Historical Data
* 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.
Note: For Interest Coverage, "No debt" indicates no long-term debt. An indication of "No Debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.
FRA:RHS vs GASS, DSX, CMDB: Interest Coverage Comparison
For the Marine Shipping subindustry, Seanergy Maritime Holdings's Interest Coverage, along with its competitors' market caps and Interest Coverage 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 Interest Coverage vs Transportation Industry
For the Transportation industry and Industrials sector, Seanergy Maritime Holdings's Interest Coverage distribution charts can be found below:
* The bar in red indicates where Seanergy Maritime Holdings's Interest Coverage falls into.
Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income (EBIT) by its Interest Expense:
* 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 (FRA:RHS) has a Interest Coverage of 2.41 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Seanergy Maritime Holdings and its competitors. This is 63% above median its historical median of 1.48. Over the past decade, Seanergy Maritime Holdings' Interest Coverage has ranged from 0.25 to 6.02. According to the industry distribution chart, Seanergy Maritime Holdings ranks #594 out of 845 companies in the Transportation industry, placing it in the top 70.3%.
Is Seanergy Maritime Holdings' Interest Coverage too high?
Seanergy Maritime Holdings' current Interest Coverage of 2.41 is 63% above median its 10-year median of 1.48. Over the past 10 years, this metric has ranged from a low of 0.25 to a high of 6.02. The Transportation industry median Interest Coverage is 5.66. Seanergy Maritime Holdings' value of 2.41 is 57.4% below this industry median. Based on the distribution chart, Seanergy Maritime Holdings ranks #594 out of 845 companies in the Transportation industry, which is below the industry midpoint. Overall, Seanergy Maritime Holdings has a GF Score™ of 76/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Seanergy Maritime Holdings' Interest Coverage compare to GASS and DSX?
According to the Transportation industry distribution chart, Seanergy Maritime Holdings ranks #594 out of 845 companies for Interest Coverage. This places Seanergy Maritime Holdings in the lower half of its industry. The industry median Interest Coverage is 5.66. Seanergy Maritime Holdings' value of 2.41 is 57.4% below this benchmark. Historically, Seanergy Maritime Holdings' own Interest Coverage has ranged from 0.25 to 6.02 over the past decade. While the company's 10-year median is 1.48 vs. the industry median of 5.66, Seanergy Maritime Holdings has consistently been below 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 Interest Coverage for a Transportation company?
The median Interest Coverage among Transportation companies is 5.66, based on 845 companies in the industry. Companies in the top quartile (top 25%) have a Interest Coverage significantly above this median, while those in the bottom quartile fall well below. However, Interest Coverage should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Seanergy Maritime Holdings's current Interest Coverage of 2.41 is 57.4% below 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 Interest Coverage mean?
A high Interest Coverage can signal that a stock is expensive relative to its fundamentals. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Seanergy Maritime Holdings and its competitors. For the Transportation industry, the median Interest Coverage is 5.66 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Seanergy Maritime Holdings's current Interest Coverage is 2.41, which is 63% above median its own 10-year median of 1.48. 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 (FRA:RHS) is currently considered Significantly Overvalued. The stock's GF Value™ is €9.36, compared to a current price of €12.60 — trading 34.6% above its estimated fair value. The current Interest Coverage is 2.41, which is 63% above median its 10-year median of 1.48 and 57.4% below the Transportation industry median of 5.66. Seanergy Maritime Holdings' overall GF Score™ is 76/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Interest Coverage calculated?
Interest Coverage is calculated from a company's financial statements. For Seanergy Maritime Holdings (FRA:RHS), the current Interest Coverage is 2.41 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 (FRA:RHS) Overvalued in 2026?
Based on GuruFocus' analysis, Seanergy Maritime Holdings stock appears to be overvalued.
The current stock price of €12.60 is trading 34.6% above its estimated GF Value™ of €9.36.
GuruFocus considers Seanergy Maritime Holdings to be Significantly Overvalued.
Key valuation signals for FRA:RHS:
Interest Coverage: 2.41 (63% above median its 10-year median of 1.48)
GF Value™: €9.36 vs. price of €12.60 (34.6% above fair value)
Industry Position: 57.4% below the Transportation median (#594 of 845)
No single metric tells the full story. See the FRA:RHS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
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.
76GF Score
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