SEACOR Marine Holdings Inc. Common Stock (SMHI)

FairStock Score: 53/100 — MIXED

Key Financials

AI Analysis

AI-generated, general educational analysis — not personal investment advice.

I look for businesses that earn consistent profits, generate cash, and sell at a sensible price. SEACOR Marine fails the first tests. In fiscal 2025, the year ended 2025-12-31, revenue was $227.8M and net income was a loss of $27.8M, or diluted EPS of -$1.06. That followed a fiscal 2024 loss of $78.1M, or EPS -$2.82, and a fiscal 2023 loss of $9.3M, or EPS -$0.34. The computed Lynch category is none because it has lost money in each of the last four years. The June 2026 quarter, fiscal Q2 2026 ended 2026-06-30, did produce net income of $3.3M on revenue of $54.6M, or EPS $0.12, but the prior quarter, fiscal Q1 2026 ended 2026-03-31, lost $15.8M. Results are volatile. At the close on 2026-10-13, the price was $8.67 and market cap was about $235.2M. FairStock's P/B is 0.93, so it trades below book, and EV/EBITDA is 6.99. Those are not demanding. But trailing free cash flow is -$81.5M, a -34.6% FCF yield, and the Altman Z-score of 0.07 signals distress. Debt/equity of 1.27 is high. The offshore support vessel business is capital intensive and cyclical; vessels are not a wide moat. Piotroski 6/9 is neutral. This could be an asset play if offshore markets recover, but I see no durable earning power and no margin of safety in cash generation. I would need sustained profits and positive free cash flow before calling it a Buffett-style bargain.

In plain English: SEACOR Marine runs offshore support boats for oil, gas, and wind operations. It has lost money over the last four years, though it made a small profit in the June 2026 quarter. At $8.67, the stock trades below the value of its recorded assets, which can look cheap, but the company is burning cash and carries a lot of debt, so the cheapness is uncertain.

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Data as of 2026-10-13 close · note generated 2026-10-15 · model deepseek-flash

Sources (SEC EDGAR): fiscal Q2 2026 10-Q (period ended 2026-06-30) · fiscal Q1 2026 10-Q (period ended 2026-03-31) · fiscal Q3 2025 10-Q (period ended 2025-09-30) · fiscal Q2 2025 10-Q (period ended 2025-06-30) · FY2025 10-K (period ended 2025-12-31) · FY2024 10-K (period ended 2024-12-31) · FY2023 10-K (period ended 2023-12-31)

Fundamentals from company filings and market-data providers; prices are end-of-day, not real-time. AI-generated analysis is general and educational — not personal investment advice. Scoring methodology · Score test · Disclaimer