Financial Review: C3is (NASDAQ:CISS) vs. Seanergy Maritime (NASDAQ:SHIP)

Seanergy Maritime (NASDAQ:SHIP) and C3is (NASDAQ:CISS) are both small-cap transportation companies, but which is the superior stock? We will compare the two companies based on the strength of their earnings, valuation, dividends, profitability, analyst recommendations, institutional ownership and risk.

Profitability

This table compares Seanergy Maritime and C3is’ net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Seanergy Maritime	12.06%	7.06%	3.40%
C3is	32.33%	19.85%	13.77%

Insider & Institutional Ownership

29.4% of Seanergy Maritime shares are owned by institutional investors. Comparatively, 10.5% of C3is shares are owned by institutional investors. 4.7% of Seanergy Maritime shares are owned by insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a stock will outperform the market over the long term.

Valuation and Earnings

This table compares Seanergy Maritime and C3is’ top-line revenue, earnings per share (EPS) and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
Seanergy Maritime	$110.23 million	2.14	$2.28 million	$0.80	15.01
C3is	$28.74 million	0.02	$9.29 million	N/A	N/A

C3is has lower revenue, but higher earnings than Seanergy Maritime.

Analyst Ratings

This is a breakdown of current ratings for Seanergy Maritime and C3is, as provided by MarketBeat.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Seanergy Maritime	0	0	2	0	3.00
C3is	0	0	0	0	N/A

Seanergy Maritime presently has a consensus price target of $12.50, suggesting a potential upside of 4.08%. Given Seanergy Maritime’s higher probable upside, equities analysts clearly believe Seanergy Maritime is more favorable than C3is.

Summary

Seanergy Maritime beats C3is on 6 of the 10 factors compared between the two stocks.

About Seanergy Maritime

Seanergy Maritime Holdings Corp., a shipping company, provides seaborne transportation of dry bulk commodities worldwide. It operates a fleet of 16 Capesize dry bulk vessels and one Newcastlemax dry bulk vessel with a cargo-carrying capacity of approximately 3,054,820 dwt. The company was formerly known as Seanergy Merger Corp. and changed its name to Seanergy Maritime Holdings Corp. in July 2008. Seanergy Maritime Holdings Corp. was incorporated in 2008 and is based in Glyfada, Greece.

About C3is

C3is Inc. provides international seaborne transportation services. It provides its services to dry bulk charterers, including national and private industrial users, commodity producers and traders, oil producers, refineries, and commodities traders and producers. The company owns and operates a fleet of two drybulk carriers, which transport major bulks, such as iron ore, coal and grains, as well as minor bulks comprising bauxite, phosphate, and fertilizers, and one Aframax crude oil tanker that transports crude oil. C3is Inc. was founded in 2021 and is based in Athens, Greece.