Seacoast Shipping Limited – Financials, Fundamentals, Detailed Analysis, and Seacoast Shipping Share Price Target (2024, 2025, 2026, 2027, 2028, 2029, 2030).
Seacoast Shipping indulges in the business freight forwarders, which is a leading exporter from the Mundra port.
So, if you are looking for a Seacoast Shipping Share Price Target, this article can prove to be a gem. Since this is a penny stock, and in this type of stock the risk is very high but chances of getting multi-bagger returns are also high.
The share has given returns of +190% from 2020 to 2024, an average of +47.5%. The experts forecast that the share may perform well in the long run but it is also possible that it may not give good returns. So let’s have a look at the Overview of Seacoast Shipping Ltd.
Seacoast Shipping Overview
Seacoast Shipping Services Ltd, established in 2005, has rapidly grown into one of Gujarat’s leading freight forwarders, specializing in agro exports from Mundra port. Beyond freight forwarding, they have diversified into complete logistics solutions, including agro and liquid cargo services since 2007.
In the past two years, the company proudly operated as an International Ship Operator for Modern Dry Bulk Vessels. Compliant with Indian laws, their experienced team annually transports around 5.0 million metric tons of cargo globally, focusing on dry bulk logistics, Container Freight Forwarding, and Inland Road Logistics. As a Total Multimodal Logistics Provider, their success is rooted in strong relationships with agri-commodity exporters, adept execution of large export consignments, and offering door-to-door services for exporters.
Seacoast Shipping Financials Trend
In 2021, the company’s revenue surged to ₹243 crore, and its profit was ₹11.10 crore. In 2022, the company made a profit of ₹2.55 crore with a revenue of ₹128 crore. In 2023, Seacoast Shipping made a profit of ₹14.28 crore and an income of ₹430 crore.
Seacoast Shopping Fundamentals
| Market Cap. | ₹281 crore |
| P/E ratio | 12.73 |
| Industry P/E | 9.42 |
| ROE | 15.95% |
| EPS | 0.41 |
| Book Value | 2.36 |
| Dividend Yield | 0% |
| Debt to Equity | 0.24 |
Metrics Explained –
- Market Cap (Market Capitalization): ₹281 Crore: ₹281 Crore, indicating that this is a small-cap company in market capitalization.
- P/E Ratio (Price-to-Earnings Ratio): 12.73: A P/E ratio of 12.73 indicates that investors are willing to pay ₹12.73 for every ₹1 of earnings per share (EPS).
- Industry P/E (Price-to-Earnings Ratio): 9.42: Comparing this to the company’s P/E of 12.73 suggests that the company’s stock may be trading at a slightly higher valuation than the industry average.
- ROE (Return on Equity): 12.73%: ROE measures the company’s profitability relative to shareholders’ equity. An ROE of 12.73% indicates that the company generated a profit of 12.73% for every rupee of shareholders’ equity.
- EPS (Earnings Per Share): The company earned ₹0.41 for each outstanding share over a specific period.
- Book Value: ₹2.36: The book value per share is the company’s net asset value divided by the number of outstanding shares. In this case, it’s ₹2.36 per share.
- Dividend Yield: 0%: A dividend yield of 0% suggests that the company did not pay dividends during the period.
- Debt to Equity Ratio: 0.24: The debt-to-equity ratio measures a company’s financial leverage. A ratio of 0.24 indicates that the company has 0.24 rupees in debt for every rupee of equity.
Seacoast Shipping Share Price Target Table
| Year | Lowest Price | Highest Price |
|---|---|---|
| Seacoast Shipping Share Price Target 2024 | ₹5.39 | ₹5.46 |
| Seacoast Shipping Share Price Target 2025 | ₹5.60 | ₹5.73 |
| Seacoast Shipping Share Price Target 2026 | ₹5.81 | ₹6.03 |
| Seacoast Shipping Share Price Target 2027 | ₹6.04 | ₹6.35 |
| Seacoast Shipping Share Price Target 2028 | ₹6.28 | ₹6.70 |
| Seacoast Shipping Share Price Target 2029 | ₹6.54 | ₹7.08 |
| Seacoast Shipping Share Price Target 2030 | ₹6.81 | ₹7.48 |
| Seacoast Shipping Share Price Target 2040 | ₹7.10 | ₹7.92 |
More details of Seacoast Shipping Ltd are available in this video –
Seacoast Shipping Share Price Target 2024
It is predicted that the Seacoast Shipping Share Price Target 2024 can be INR 5.39 while the highest price can be INR 5.46. This forecast is made based on its fundamentals and the analyst’s opinion. In the long run, this share might underperform due to which its next share price target can be as follows.
Seacoast Shipping Share Price Target 2025
Since this share has given a return of -10% in the last year, the forecasters predict that in 2025 the return may be quite decent at around 6% – 8%. So according to its past performance, Seacoast Shipping Share Price Target 2025 can be INR 5.60 and the highest price can go up to INR 5.73.
Seacoast Shipping Share Price Target 2026
If we look at its historical data, the share has not performed well and its fundamentals were also quite bad. The experts are forecasting that the share may not perform well in the long term. It is predicted that the lowest and highest Seacoast Shipping Share Price Target 2026 can be INR 5.81 and INR 6.03 respectively.
Seacoast Shipping Share Price Target 2030
According to the experts, they predicted that the share can give almost decent returns in the long run. The lowest price that has been forecasted by the expert is INR 6.81 and the highest Seacoast Shipping Share Price Target 2030 can be INR 7.48. So if you want to invest in this share once must check its latest financial reports and plans.
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Conclusion
This is all about the Seacoast Shipping share. I hope you like knowing about Seacoast Shipping Share Price Target and you can decide yourself whether to invest in it or not. And yes, do not invest in the share just by looking share price target, consult an advisor or do thorough research before investing in any share.
If you want to know anything else about it, then you can comment, and we will try our best to give you the best answer. And yes, If you Liked this article, then definitely share it as much as possible.
FAQs
What is the Debt of Seacoast Shipping Company?
The debt of Seacoast Shipping Company is ₹30.3 crore and its debt-to-equity ratio is 0.24.
What is the share price of Seacoast Shipping in 2040?
The share price of Seacoast Shipping in 2040 can be ₹5.10 while the highest price can be ₹5.92.
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DISCLAIMER – Share Market Investments are subject to market risks, read all scheme-related documents carefully before investing.