Seanergy Maritime HoldingsFRA:RHS -6.11%74 3-Year ROIIC % is 16.71 as of Dec. 2025, which is 71% above its 10-year median of 9.78. GuruFocus rates FRA:RHS with a GF Score™ of 74/100 and a GF Value™ of €8.73 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 939 Transportation companies, Seanergy Maritime Holdings ranks better than 76.14% on this metric.
3-Year Return on Invested Incremental Capital (3-Year ROIIC %) measures the change in earnings as a percentage of change in investment over 3-year.
Seanergy Maritime Holdings's 3-Year ROIIC % for the quarter that ended in Dec. 2025 was 16.71%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
The industry rank for Seanergy Maritime Holdings's 3-Year ROIIC % or its related term are showing as below:
FRA:RHS's 3-Year ROIIC % is ranked better than 76.14% of 939
companies
in the Transportation industry
Industry Median: 1.97
vs FRA:RHS: 16.71
Return on Incremental Invested Capital (ROIIC) is an extension of Return on Investment Capital (ROIC). ROIC % tells investors how efficiently that profitability is earned per dollar of company capital. ROIIC narrows the focus even further and shows how profitable each additional unit of capital investment could be. ROIIC % is a more powerful metric than ROIC because it measures how much money the company can generate going forward on future capital investments.
High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
Be Aware
It's important to keep in mind that when tracking ROIIC, the metric is better suited to forecasting the trend of future returns rather than measuring current return on investment.
Seanergy Maritime Holdings 3-Year ROIIC % Related Terms
Seanergy Maritime Holdings 3-Year ROIIC % 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.
FRA:RHS vs GASS, DSX, SMHI: 3-Year ROIIC % Comparison
For the Marine Shipping subindustry, Seanergy Maritime Holdings's 3-Year ROIIC %, along with its competitors' market caps and 3-Year ROIIC % 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 3-Year ROIIC % vs Transportation Industry
For the Transportation industry and Industrials sector, Seanergy Maritime Holdings's 3-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where Seanergy Maritime Holdings's 3-Year ROIIC % falls into.
3-Year Incremental Net Operating Profit After Taxes (NOPAT)**
/
3-Year Incremental Invested Capital**
=
( 35.098 (Dec. 2025) - 28.414 (Dec. 2022) )
/
( 505.277 (Dec. 2025) - 496.41 (Dec. 2022) )
=
6.684
/
8.867
=
75.38%***
* 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.
** Annual data of NOPAT and Invested Capital was used to calculate 3-Year ROIIC %.
*** Please be aware that the ROIIC (Return on Invested Capital) calculations are based on company-level data using the primary share class. The calculated data provided is for demonstration purposes and may slightly differ from the results displayed in the title due to potential variations caused by currency exchange rate differences throughout the year.
Seanergy Maritime Holdings (FRA:RHS) has a 3-Year ROIIC % of 16.71 as of Dec. 2025. 3-Year ROIIC % measures the change in earnings as a percentage of change in investment over 3-year. View historical data on Seanergy Maritime Holdings and its competitors. This is 71% above median its historical median of 9.78. According to the industry distribution chart, Seanergy Maritime Holdings ranks #224 out of 939 companies in the Transportation industry, placing it in the top 23.9%.
Is Seanergy Maritime Holdings' 3-Year ROIIC % too high?
Seanergy Maritime Holdings' current 3-Year ROIIC % of 16.71 is 71% above median its 10-year median of 9.78. The Transportation industry median 3-Year ROIIC % is 1.97. Seanergy Maritime Holdings' value of 16.71 is 748.2% above this industry median. Based on the distribution chart, Seanergy Maritime Holdings ranks #224 out of 939 companies in the Transportation industry, which is in the top quartile — a strong position relative to peers. Overall, Seanergy Maritime Holdings has a GF Score™ of 74/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Seanergy Maritime Holdings' 3-Year ROIIC % compare to GASS and DSX?
According to the Transportation industry distribution chart, Seanergy Maritime Holdings ranks #224 out of 939 companies for 3-Year ROIIC %. This places Seanergy Maritime Holdings in the top 24% of its industry — outperforming the majority of peers. The industry median 3-Year ROIIC % is 1.97. Seanergy Maritime Holdings' value of 16.71 is 748.2% above this benchmark. While the company's 10-year median is 9.78 vs. the industry median of 1.97, 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 3-Year ROIIC % for a Transportation company?
The median 3-Year ROIIC % among Transportation companies is 1.97, based on 939 companies in the industry. Companies in the top quartile (top 25%) have a 3-Year ROIIC % significantly above this median, while those in the bottom quartile fall well below. However, 3-Year ROIIC % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Seanergy Maritime Holdings's current 3-Year ROIIC % of 16.71 is 748.2% 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 3-Year ROIIC % mean?
A high 3-Year ROIIC % can signal that a stock is expensive relative to its fundamentals. 3-Year ROIIC % measures the change in earnings as a percentage of change in investment over 3-year. View historical data on Seanergy Maritime Holdings and its competitors. For the Transportation industry, the median 3-Year ROIIC % is 1.97 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Seanergy Maritime Holdings's current 3-Year ROIIC % is 16.71, which is 71% above median its own 10-year median of 9.78. 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 €8.73, compared to a current price of €12.30 — trading 40.9% above its estimated fair value. The current 3-Year ROIIC % is 16.71, which is 71% above median its 10-year median of 9.78 and 748.2% above the Transportation industry median of 1.97. Seanergy Maritime Holdings' overall GF Score™ is 74/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is 3-Year ROIIC % calculated?
3-Year ROIIC % is calculated from a company's financial statements. For Seanergy Maritime Holdings (FRA:RHS), the current 3-Year ROIIC % is 16.71 as of Dec. 2025. 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 €12.30 is trading 40.9% above its estimated GF Value™ of €8.73.
GuruFocus considers Seanergy Maritime Holdings to be Significantly Overvalued.
Key valuation signals for FRA:RHS:
3-Year ROIIC %: 16.71 (71% above median its 10-year median of 9.78)
GF Value™: €8.73 vs. price of €12.30 (40.9% above fair value)
Industry Position: 748.2% above the Transportation median (#224 of 939)
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.
74GF Score
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