Seacoast Shipping Services Ltd. was listed on the BSE on August 14, 2023. In the last five years, the stock has given a massive return of more than 161%. Will Seacoast Shipping continue to provide such great returns in the future as well? Let’s explore Seacoast Shipping Services’ growth potential and Seacoast Shipping share price target from 2025 to 2050 in this article.
About Seacoast Shipping
Seacoast Shipping Services Ltd. is a logistics and shipping company founded in 1982. Its services include shipping cargo, delivery, and port operations. The company focuses on providing businesses with efficient and dependable shipping solutions that allow them to move goods smoothly between locations.
Seacoast Shipping Business Model
- Freight Services: Seacoast Shipping makes money by transporting goods for businesses across borders via ships.
- Chartering Ships: The company rents out its ships to other businesses for a set period of time.
- Logistics and Supply Chain Management: It offers complete logistics solutions, such as moving, storage, and distribution.
- Port Handling Services: The company generates revenue by controlling loading and unloading operations at ports.
- Customs Clearance Services: The company charges a service fee to assist businesses with paperwork and approvals for trading in goods.
- Fuel Management Services: Seacoast Shipping supplies fuel to ships and earns commissions or fees from suppliers.
- Ship Maintenance and Repairs: It provides ship maintenance and repair services.
- Consulting Services: The company offers expert advice on shipping and logistics strategies.
Seacoast Shipping Fundamental Analysis
| Stock Name | Seacoast Shipping Services Ltd. |
|---|---|
| Market Cap | ₹ 155 Cr. |
| 52W High | ₹ 7.49 |
| 52W Low | ₹ 2.60 |
| Stock P/E | 6.96 |
| Book Value | ₹ 2.36 |
| Dividend Yield | 0.00 % |
| ROCE | 28.3 % |
| ROE | 21.4 |
| Face Value | ₹ 1.00 |
| Shareholders | Mar 2023 | Mar 2024 | Dec 2024 |
|---|---|---|---|
| Promoters | 44.55% | 0.04% | 0.04% |
| FIIs | 0.00% | 0.00% | 0.00% |
| Public | 55.44% | 99.96% | 99.96% |
| No. of Shareholders | 53,180 | 2,49,757 | 2,49,739 |
Key Factors Driving Seacoast Shipping Future Growth
- Expanding Global Trade: As more goods are traded globally, Seacoast Shipping has more opportunities to transport cargo between countries.
- Growing Demand for Faster Delivery: Businesses want their products delivered quickly, so Seacoast Shipping is improving its logistics to meet this demand.
- Investments in Modern Ships: Seacoast Shipping grows its fleet with newer, more efficient vessels that can transport more goods while using less fuel.
- Focus on Green Shipping: Many industries prefer environmentally friendly transportation. Seacoast Shipping is using cleaner fuels and reducing pollution.
- Strategic Port Partnerships: Seacoast Shipping partners with major ports to improve loading and unloading speeds, resulting in smoother operations.
- Better Digital Technology: Seacoast Shipping uses advanced tracking systems and automated processes to boost efficiency and customer service.
- Rise in E-commerce: E-commerce is on the rise, and Seacoast Shipping is seeing an increase in shipments from businesses selling goods online.
- Expanding Routes: Seacoast Shipping is expanding its shipping routes to reach new markets, making deliveries faster and more reliable.
- Stronger Customer Relationships: Seacoast Shipping is focussing on providing excellent customer service and developing long-term business relationships.
- Government Support & Policies: Positive trade policies and government support for shipping infrastructure helps Seacoast Shipping’s growth.
- Economic Growth and Industrial Expansion: As economies expand, factories require more raw materials and products to be transported, which increases demand for Seacoast Shipping.
- Competitive Pricing Strategies: Seacoast Shipping is providing better pricing options to attract more customers while maintaining high-quality service.
- Risk Management and Safety Measures: Seacoast Shipping improves safety standards and risk management to ensure smooth operations with fewer disruptions.
Pros of Seacoast Shipping
- Strong Sales Growth: Seacoast Shipping has achieved a strong sales growth of 325% CAGR over the last five years.
- Strong Profit Growth: Seacoast Shipping has achieved a strong profit growth of 359% CAGR over the last five years.
- High Return on Capital Employed (ROCE): Seacoast Shipping has maintained an average ROCE of 24.7% over the last five years, which shows that the Seacoast Shipping is using its capital efficiently to generate profit.
- High Return on Equity (ROE): Seacoast Shipping has maintained an average ROE of 24.1% over the last five years, which shows that the Seacoast Shipping is using shareholders funds efficiently to generate profits.
- Low P/B Ratio (Undervalued Stock): Seacoast Shipping has a low Price to Book Value (P/B) ratio of 1.19, which indicates that it is trading close to its intrinsic value and may be undervalued.
- Low PE Ratio Compared to Peers: Seacoast Shipping has a PE ratio of 6.96, which is lower than the industry average of 10.3, making it relatively undervalued and potentially a good investment opportunity.
- Low Debt Levels: With a low debt-to-equity ratio of 0.24, Seacoast Shipping has a minimum dependency on debt, reducing financial risk and interest expenses.
Cons of Seacoast Shipping
- Low Promoter Holding: Seacoast Shipping promoter holding is 0.04%, which is relatively low. This may indicate low promoter confidence and less control over decision-making, allowing outside investors to have more influence.
| Years | Target Price |
|---|---|
| Seacoast Shipping Share Price Target 2025 | ₹3.6 to ₹4.50 |
| Seacoast Shipping Share Price Target 2026 | ₹4.30 to ₹5.80 |
| Seacoast Shipping Share Price Target 2027 | ₹5.20 to ₹7.50 |
| Seacoast Shipping Share Price Target 2028 | ₹6.20 to ₹9.80 |
| Seacoast Shipping Share Price Target 2029 | ₹7.40 to ₹12.70 |
| Seacoast Shipping Share Price Target 2030 | ₹9.0 to ₹16 |
| Seacoast Shipping Share Price Target 2035 | ₹18 to ₹50 |
| Seacoast Shipping Share Price Target 2040 | ₹35 to ₹150 |
| Seacoast Shipping Share Price Target 2050 | ₹140 to ₹900 |
Conclusion
Seacoast Shipping has shown impressive growth over the years, with strong financial performance, expanding global trade opportunities, and strategic investments in modern logistics. Despite low promoter holding, the company benefits from rising demand for shipping, digital advancements, and competitive pricing. While future performance depends on market conditions and execution, the company’s strong fundamentals suggest promising long-term potential. For the latest updates, you can visit Seacoast Shipping official website.
Disclaimer
This article is for educational purposes only. It is not a stock recommendation and should not be treated as such. Please ask your financial advisor before making any investment decision.
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