SEACOR Marine Holdings (SMHI) AI Stock Analysis

• Market Cap: $135.60M
• Dividend Yield: N/A
• Average Volume (3M): 144.96K
• Price to Earnings (P/E): ―
• Beta (1Y): 1.61
• Revenue Growth: -6.45%
• EPS Growth: -204.39%
• Country: US
• Employees: 1,239
• Sector: Industrials
• Sector Strength: 89
• Industry: Marine Shipping
• EPS (TTM): -0.56
• Shares Outstanding: 26,852,346
• 10 Day Avg. Volume: 110,466
• 30 Day Avg. Volume: 144,961
• PEG Ratio: -0.20
• Price to Book (P/B): 0.49
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -5.72
• Enterprise Value/Market Cap: 3.20
• Enterprise Value/Revenue: 0.39
• Enterprise Value/Gross Profit: 9.28
• Enterprise Value/Ebitda: 3.71
• 1Y Price Target: $13.00
• Price Target Upside: 157.43% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 0

SEACOR Marine Holdings' overall stock score is 49, reflecting a combination of financial challenges and strategic initiatives. The high leverage and cash flow issues weigh heavily on the score, while recent refinancing and fleet modernization efforts offer potential for future improvement. Technical indicators and valuation metrics suggest cautious optimism but underscore the importance of addressing profitability and cash generation.

SEACOR Marine Holdings Business Overview & Revenue Model

Company Description

SEACOR Marine Holdings Inc. is a global provider of marine and support transportation services to offshore oil and gas, wind farm, and marine construction industries. The company operates a diverse fleet of vessels, including platform supply vessels, fast support vessels, and specialty vessels, to support exploration and production activities. Its services are crucial for transporting equipment, supplies, and personnel to and from offshore platforms and other maritime operations.

How the Company Makes Money

SEACOR Marine Holdings generates revenue primarily through the chartering of its fleet of vessels to clients in the offshore energy sector. The company earns money by leasing its vessels under contracts that vary in duration and terms, depending on client needs and market conditions. These contracts can be spot charters, which are short-term, or longer-term contracts providing stable revenue streams. Additional income is derived from vessel management services, where SEACOR operates and maintains vessels owned by third parties. The company may also benefit from strategic partnerships and joint ventures that expand its reach and capabilities in key markets.

SEACOR Marine Holdings Financial Statement Overview

Summary

SEACOR Marine Holdings exhibits a challenging financial profile with some areas of improvement. The income statement shows slight operational improvements, but profitability remains a concern. The balance sheet reveals high leverage, which poses financial risk. Cash flow issues persist, emphasizing the need for better cash management. The company must focus on enhancing profitability and cash generation to improve its financial health.

Income Statement

SEACOR Marine Holdings showed a mixed performance in its income statement. The TTM revenue decreased slightly from the previous year, indicating a decline in growth. Gross profit margin improved to 17.71% in TTM from 7.66% in 2024, suggesting better cost management. However, the company continues to face challenges with profitability, as evidenced by a negative net profit margin of -26.72% in TTM. EBIT margin improved to 0.84% in TTM from -3.84% in 2024, reflecting some operational improvements.

Balance Sheet

The balance sheet reveals a stable yet leveraged financial position. The debt-to-equity ratio stands at 1.21 in TTM, showing significant leverage, which could pose financial risk. However, the equity ratio of 40.91% indicates a reasonable portion of assets is financed by equity. Return on equity is negative, reflecting the company's ongoing struggle with profitability. There is a reduction in stockholders' equity over the past year, which may impact future financing options.

Cash Flow

Cash flow analysis indicates operational challenges, with negative operating cash flow in TTM. Free cash flow also remains negative, highlighting cash management issues. The operating cash flow to net income ratio is negative, indicating inefficiencies in converting income to cash. The company must improve its cash generation capabilities to ensure financial stability.

Breakdown
TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement		Total Revenue
264.09M	271.36M	279.51M	217.32M	170.94M	141.84M
	Gross Profit
46.78M	20.80M	63.29M	-14.49M	-19.95M	-14.00M
	EBIT
2.23M	-10.43M	35.52M	-54.00M	-37.15M	-71.64M
	EBITDA
17.68M	9.21M	86.68M	16.28M	-189.00K	-8.82M
	Net Income Common Stockholders
-70.54M	-78.12M	-9.31M	-78.66M	-4.87M	-75.18M
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
42.99M	59.49M	67.45M	39.96M	37.62M	32.67M
	Total Assets
694.16M	727.11M	780.34M	815.63M	912.50M	1.02B
	Total Debt
343.60M	348.46M	321.07M	335.98M	371.34M	484.40M
	Net Debt
300.61M	288.97M	253.62M	296.01M	333.73M	451.74M
	Total Liabilities
410.13M	428.79M	406.11M	436.48M	465.96M	615.83M
	Stockholders Equity
284.04M	298.32M	373.90M	378.82M	446.22M	401.52M
Cash Flow		Free Cash Flow
-23.33M	-17.56M	-1.66M	-2.96M	1.80M	-42.31M
	Operating Cash Flow
-14.56M	-10.26M	8.95M	-2.78M	8.80M	-21.51M
	Investing Cash Flow
8.66M	49.13M	49.13M	4.87M	71.80M	-4.50M
	Financing Cash Flow
-10.83M	-15.29M	-16.99M	-9.86M	-78.90M	-21.66M

SEACOR Marine Holdings Technical Analysis

• Technical Analysis Sentiment: Neutral
• Last Price: 5.05
• 50DMA: Positive
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For SMHI, the sentiment is Neutral. The current price of 5.05 is above the 20-day moving average (MA) of 4.83, above the 50-day MA of 4.87, and below the 200-day MA of 7.29, indicating a neutral trend. The MACD of 0.05 indicates Negative momentum. The RSI at 53.41 is Neutral, neither overbought nor oversold. The STOCH value of 81.05 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for SMHI.

SEACOR Marine Holdings Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
ESEA	82 Outperform	$273.09M	2.31	35.83%	6.54%	12.43%	-1.63%
SHIP	71 Outperform	$128.34M	2.91	16.96%	10.34%	51.91%	2984.06%
GIFI	67 Neutral	$100.10M	8.37	13.54%	―	18.83%	―
Sector *	64 Neutral	$4.43B	12.01	5.15%	249.50%	3.98%	-11.60%
DSX	55 Neutral	$175.97M	26.36	2.56%	11.18%	-12.93%	-86.34%
SMHI	49 Neutral	$135.60M	―	-22.31%	―	-6.45%	-204.39%
TISI	41 Neutral	$95.48M	―	-9999.00%	―	-1.00%	26.86%

SEACOR Marine Holdings Corporate Events

SEACOR Marine Holdings Announces 2025 Annual Meeting Date

On February 28, 2025, SEACOR Marine Holdings Inc. announced the date for its 2025 Annual Meeting of Stockholders, set for June 3, 2025, with a record date of April 14, 2025. The company also highlighted recent developments, including a comprehensive refinancing of its debt capital structure and the signing of a significant order for newbuild Platform Supply Vessels. These strategic moves are part of SEACOR Marine’s asset rotation strategy to modernize its fleet and enhance its competitive positioning in the offshore support vessel industry.