SEACOR Marine Holdings (SMHI) AI Stock Analysis

• Market Cap: $171.30M
• Dividend Yield: N/A
• Average Volume (3M): 91.66K
• Price to Earnings (P/E): ―
• Beta (1Y): 1.76
• Revenue Growth: -10.60%
• EPS Growth: -110.62%
• Country: US
• Employees: 1,239
• Sector: Industrials
• Sector Strength: 72
• Industry: Marine Shipping
• EPS (TTM): -0.26
• Shares Outstanding: 26,976,260
• 10 Day Avg. Volume: 66,114
• 30 Day Avg. Volume: 91,663
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): N/A
• P/FCF Ratio: N/A
• Enterprise Value/Market Cap: 2.46
• Enterprise Value/Revenue: 1.66
• Enterprise Value/Gross Profit: 11.03
• Enterprise Value/Ebitda: 16.76
• 1Y Price Target: $9.00
• Price Target Upside: 39.97% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 2

• Rating: 54 Neutral
• Price Target: $6.50 ▲(1.09% Upside)

SEACOR Marine Holdings' stock score is primarily influenced by its financial performance, which shows significant challenges with profitability and cash flow. However, the technical analysis indicates positive momentum, and strategic corporate events suggest proactive management efforts. Valuation remains a concern due to negative earnings, but strategic initiatives could improve future prospects.

Positive Factors

Strategic Fleet Management

Strategic fleet management and asset optimization efforts aim to strengthen market position and enhance operational efficiency, indicating proactive management.

Asset Portfolio Optimization

Optimizing the asset portfolio through sales and newbuild programs can improve operational efficiency and market competitiveness, supporting long-term growth.

Improved Liquidity

The sale of liftboats enhances liquidity and allows capital redeployment into more attractive assets, supporting financial stability and strategic growth.

Negative Factors

Negative Profit Margins

Negative profit margins indicate persistent financial challenges, limiting profitability and requiring strategic adjustments for long-term sustainability.

Cash Flow Issues

Negative cash flow ratios highlight financial stress, necessitating improved cash flow management to support operations and meet debt obligations.

Revenue Decline

Unstable revenue growth and recent declines suggest challenges in market demand or competitive positioning, impacting long-term revenue stability.

SEACOR Marine Holdings Business Overview & Revenue Model

Company Description

SEACOR Marine Holdings Inc. (SMHI) is a leading provider of marine and logistics services for the offshore oil and gas industry. The company operates a diverse fleet of offshore support vessels, which are utilized for various marine operations such as transportation, logistics, and support services in both shallow and deep-water environments. SMHI's core offerings include crew boats, supply vessels, and other specialized vessels designed to meet the needs of its clients in the energy sector, particularly in the Gulf of Mexico and international markets.

How the Company Makes Money

SEACOR Marine generates revenue primarily through the leasing and operation of its fleet of offshore support vessels. Key revenue streams include day rates charged for vessel operations, long-term charter agreements, and contracts for specific projects with energy companies. The company also benefits from strategic partnerships with major oil and gas operators, which provide a steady demand for its services. Additionally, fluctuations in oil prices and the overall health of the offshore energy market significantly influence SMHI's earnings, as increased exploration and production activities typically lead to higher vessel utilization and associated revenues.

SEACOR Marine Holdings Financial Statement Overview

Summary

SEACOR Marine Holdings faces ongoing financial challenges, with persistent losses impacting profitability and cash flow. Despite some improvement in gross margins, negative net margins and cash flow issues persist. The balance sheet reflects a leveraged but stable position. Strategic actions are essential to enhance revenue stability, profitability, and cash flow generation.

Income Statement

The income statement shows mixed performance. The TTM Gross Profit Margin stands at 19.87%, an improvement from previous years, indicating better cost management. However, the Net Profit Margin is negative at -25.40%, reflecting ongoing losses. Revenue growth is unstable, with a decline from 2023 to TTM and fluctuating EBIT and EBITDA margins. Profitability remains a challenge, requiring strategic adjustments.

Balance Sheet

The balance sheet reveals a moderate position with a Debt-to-Equity Ratio of 1.28, suggesting significant leverage but manageable given industry standards. The Equity Ratio is 39.38%, indicating a reasonable equity base. However, the Return on Equity is negative due to net losses, highlighting a need for profitability improvements to enhance shareholder value.

Cash Flow

Cash flow analysis indicates financial stress. The Operating Cash Flow to Net Income ratio is negative, showing cash flow issues. Free Cash Flow is also negative, though improving slightly over prior periods. Free Cash Flow to Net Income ratio remains unfavorable, emphasizing the need for cash flow management to support operations and debt obligations.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	255.03M	271.36M	279.51M	217.32M	170.94M	141.84M
Gross Profit	38.27M	20.80M	63.29M	-14.49M	-19.95M	-14.00M
EBITDA	25.18M	9.21M	86.68M	16.28M	-189.00K	-8.82M
Net Income	-64.79M	-78.12M	-9.31M	-78.66M	-4.87M	-75.18M
Balance Sheet
Total Assets	680.03M	727.11M	780.34M	815.63M	912.50M	1.02B
Cash, Cash Equivalents and Short-Term Investments	34.38M	59.49M	67.45M	39.96M	37.62M	32.67M
Total Debt	342.36M	348.46M	321.07M	335.98M	371.34M	484.40M
Total Liabilities	412.23M	428.79M	406.11M	436.48M	465.96M	615.83M
Stockholders Equity	267.48M	298.32M	373.90M	378.82M	446.22M	401.52M
Cash Flow
Free Cash Flow	-38.62M	-17.56M	-1.66M	-2.96M	1.80M	-42.31M
Operating Cash Flow	-4.39M	-10.26M	8.95M	-2.78M	8.80M	-21.51M
Investing Cash Flow	30.61M	17.56M	49.13M	4.87M	71.80M	-4.50M
Financing Cash Flow	-17.52M	-15.29M	-16.99M	-9.86M	-78.90M	-21.66M

SEACOR Marine Holdings Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 6.43
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For SMHI, the sentiment is Positive. The current price of 6.43 is above the 20-day moving average (MA) of 6.34, above the 50-day MA of 5.88, and above the 200-day MA of 5.80, indicating a bullish trend. The MACD of 0.15 indicates Positive momentum. The RSI at 55.22 is Neutral, neither overbought nor oversold. The STOCH value of 16.67 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for SMHI.

SEACOR Marine Holdings Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
GASS	79 Outperform	$271.05M	4.29	9.68%	―	13.82%	-10.37%
SHIP	71 Outperform	$176.42M	11.16	5.93%	7.62%	1.66%	-46.13%
KNOP	71 Outperform	$299.42M	21.63	2.33%	1.21%	10.07%	―
Sector *	64 Neutral	$10.84B	15.28	7.40%	1.99%	2.87%	-14.59%
DSX	58 Neutral	$214.18M	14.19	4.23%	2.14%	-4.90%	21.09%
PXS	58 Neutral	$28.94M	5.24	2.93%	―	-10.94%	-100.28%
SMHI	54 Neutral	$171.30M	―	-21.41%	―	-10.60%	-110.62%

SEACOR Marine Holdings Corporate Events

SEACOR Marine CEO to Present at Energy Conference

On September 10, 2025, John Gellert, CEO of SEACOR Marine Holdings, will present at the Pareto Securities’ 32nd Annual Energy Conference in Oslo. The company has been actively managing its fleet through sales and newbuild programs, including the sale of several vessels and the construction of new high-specification PSVs, to optimize its asset portfolio and reduce exposure to certain asset classes. These strategic moves are part of SEACOR Marine’s efforts to strengthen its market position and enhance operational efficiency.

SEACOR Marine Holdings Sells Liftboats for $76 Million

On August 6, 2025, SEACOR Marine Holdings Inc. announced the sale of two U.S. flag liftboats, L/B Jill and L/B Robert, to JAD Construction Limited for a total of $76 million. This strategic move is part of SEACOR Marine’s shift away from high volatility markets, aiming to improve fleet utilization and liquidity by reducing exposure to offshore wind and decommissioning markets. The transaction, expected to close in the third quarter of 2025, will allow the company to redeploy capital into more attractive assets and explore consolidation opportunities.