| Company Name: | Seaspan Corporation | | Ticker Symbol: | SSW | | | WWW Address: | www.seaspancorp.com |
| CEO: | Gerry Wang | | No. of Employees: | 2,700 |
| Common Issue Type: | CS | | Business Description: | Seaspan Corporation is a charter owner and manager of containerships. The Company owns and operates approximately 69 vessels.
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| | | Industry Information: | TRANSPORTATION - Shipping [more like this] |
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| Price | Day Change | Bid | Ask | Open | High | Low | Volume | | 23.12 |  0.1 | - | - | 22.97 | 23.05 | 22.81 | 47968 |
| Market Cap (mil) | Shares Outstanding (mil) | Beta | EPS | DPS | P/E | Yield | 52-Wks-Range |
| 1,468.5 | 63.5 | 1.27 | 0.81 | 0.94 | 29.1 | 5.4 | 23.52 - 14.50 |
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| KEY FIGURES (Latest Twelve Months - LTM) | | Yesterday's Close | 23.02 | $ | | PE Ratio - LTM | 29.1 | |
| Market Capitalisation | 1,468.5 | mil |
| Latest Shares Outstanding | 63.5 | mil |
| Earnings pS (EPS) | 0.81 | $ |
| Dividend pS (DPS) | 0.94 | ¢ |
| Dividend Yield | 5.4 | % |
| Dividend Payout Ratio | 116 | % |
| Revenue per Employee | 244,739 | $ |
| Effective Tax Rate | 0.0 | % |
| Float | 32.5 | mil |
| Float as % of Shares Outstanding | 51.4 | % |
| Foreign Sales | | mil |
| Domestic Sales | | mil |
| Selling, General & Adm/tive (SG&A) as % of Revenue | 4.60 | % |
| Research & Devlopment (R&D) as % of Revenue | 0.00 | % |
| Gross Profit Margin | 81.5 | % |
| EBITDA Margin | 77.0 | % |
| Pre-Tax Profit Margin | 18.7 | % |
| Assets Turnover | 0.1 | % |
| Return on Assets (ROA) | 3.1 | % |
| Return on Equity (ROE) | 14.0 | % |
| Return on Capital Invested (ROCI) | 4.2 | % |
| Current Ratio | 2.2 | |
| Leverage Ratio (Assets/Equity) | 4.5 | |
| Interest Cover | 3.5 | |
| Total Debt/Equity (Gearing Ratio) | 2.45 | |
| LT Debt/Total Capital | 70.0 | % |
| Working Capital pS | 3.69 | $ |
| Cash pS | 4.50 | $ |
| Book-Value pS | 19.86 | $ |
| Tangible Book-Value pS | 18.67 | $ |
| Cash Flow pS | 6.26 | $ |
| Free Cash Flow pS | 0.39 | $ |
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| KEY FIGURES (LTM): Price info |
| Price/Book Ratio | 1.16 | |
| Price/Tangible Book Ratio | 1.23 | |
| Price/Cash Flow | 3.7 | |
| Price/Free Cash Flow | 58.9 | |
| P/E as % of Industry Group | 93.0 | % |
| P/E as % of Sector Segment | 0.0 | % |
| | | Balance Sheet (at a glance) in Millions |
| | | | | | DIVIDEND INFO | | Dividend Declared Date | 03/05/2013 |
| Dividend Ex-Date | 05/15/2013 |
| Dividend Record Date | 05/19/2013 |
| Dividend Pay Date | 05/29/2013 |
| Dividend Amount | 312 |
| Type of Payment | Cash Payment |
| Dividend Rate | 1.25 |
| Current Dividend Yield | 5.4 |
| 5-Y Average Dividend Yield | 8.3 |
| Payout Ratio | 116.0 |
| 5-Y Average Payout Ratio | 33.0 |
|  | | Share price performance previous 3 years |
|
 | | | Share price performance intraday |
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| PRICE/VOLUME | High | Low | Close | % Price Chg | % Price Chg vs. Mkt. | Avg. Daily Vol | Total Vol |
| 1 Week | - | - | - | -0.4 | 98 | 1,244 | 5,413 |
| 4 Weeks | 23.52 | 20.01 | 20.42 | 12.7 | 105 | 1,374 | 27,486 |
| 13 Weeks | 23.52 | 18.86 | 19.82 | 16.1 | 106 | 1,391 | 87,657 |
| 26 Weeks | 23.52 | 15.04 | 15.29 | 50.6 | 123 | 1,291 | 160,039 |
| 52 Weeks | 23.52 | 14.50 | 15.53 | 48.2 | 115 | 1,336 | 332,671 |
| YTD | 23.52 | 16.46 | - | 43.6 | 123 | 1,366 | 129,782 |
| Moving Average | 5-Days | 10-Days | 10-Weeks | 30-Weeks | 200-Days | Beta (60-Mnth) | Beta (36-Mnth) |
| 22.98 | 23.08 | 21.08 | 18.77 | 18.05 | 1.27 | 1.54 |
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| |
| GROWTH RATES | 5-Year
Growh | R² of 5-Year Growth | 3-Year
Growth |
| Revenue | 27.48 | 96.3 | 26.66 |
| Income | 0.00 | 0.0 | 0.00 |
| Dividend | -14.76 | 31.7 | 32.71 |
| Capital Spending | -21.22 | NA | -22.09 |
| R&D | 0.00 | NA | 0.00 |
| Normalized Inc. | 0.00 | NA | 0.00 |
| | | CHANGES | YTD vs.
Last YTD | Curr Qtr vs.
Qtr 1-Yr ago | Annual vs.
Last Annual |
| Revenue % | 8.4 | 8.4 | 17.0 |
| Earnings % | 0.0 | 0.0 | 0.0 |
| EPS % | 3.9 | 3.9 | 0.0 |
| EPS $ | 0.02 | 0.02 | 2.85 |
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| |
| SOLVENCY RATIOS | | SHORT-TERM SOLVENCY RATIOS (LIQUIDITY) |
| Net Working Capital Ratio | 5.23 |
| Current Ratio | 2.6 |
| Quick Ratio (Acid Test) | 2.4 |
| Liquidity Ratio (Cash) | 2.38 |
| Receivables Turnover | 80.5 |
| Average Collection Period | 4 |
| Working Capital/Equity | 24.3 |
| Working Capital pS | 4.69 |
| Cash-Flow pS | 4.82 |
| Free Cash-Flow pS | 0.63 |
| FINANCIAL STRUCTURE RATIOS |
| Altman's Z-Score Ratio | 0.52 |
| Financial Leverage Ratio (Assets/Equity) | 4.6 |
| Debt Ratio | 78.4 |
| Total Debt/Equity (Gearing Ratio) | 2.54 |
| LT Debt/Equity | 2.48 |
| LT Debt/Capital Invested | 100.2 |
| LT Debt/Total Liabilities | 68.2 |
| Interest Cover | 2.7 |
| Interest/Capital Invested | 1.32 |
| | | | VALUATION RATIOS | | MULTIPLES |
| PQ Ratio | 4.02 |
| Tobin's Q Ratio | 0.26 |
| Current P/E Ratio - LTM | 29.10 |
| Enterprise Value (EV)/EBITDA | 10.69 |
| Enterprise Value (EV)/Free Cash Flow | 42.94 |
| Dividend Yield | 5.4 |
| Price/Tangible Book Ratio - LTM | 1.23 |
| Price/Book Ratio - LTM | 1.16 |
| Price/Cash Flow Ratio | 3.7 |
| Price/Free Cash Flow Ratio - LTM | 58.9 |
| Price/Sales Ratio | 2.17 |
| P/E Ratio (1 month ago) - LTM | 26.0 |
| P/E Ratio (26 weeks ago) - LTM | 52.7 |
| P/E Ratio (52 weeks ago) - LTM | 0.0 |
| 5-Y High P/E Ratio | 0.0 |
| 5-Y Low P/E Ratio | 0.0 |
| 5-Y Average P/E Ratio | 0.0 |
| Current P/E Ratio as % of 5-Y Average P/E | |
| P/E as % of Industry Group | 93.0 |
| P/E as % of Sector Segment | 0.0 |
| Current 12 Month Normalized P/E Ratio - LTM | 29.1 |
| PER SHARE FIGURES |
| LT Debt pS | 47.97 |
| Current Liabilities pS | 2.86 |
| Tangible Book Value pS - LTM | 18.67 |
| Book Value pS - LTM | 19.86 |
| Capital Invested pS | 66.80 |
| Cash pS - LTM | 4.50 |
| Cash Flow pS - LTM | 6.26 |
| Free Cash Flow pS - LTM | 0.39 |
| Earnings pS (EPS) | 0.81 |
| | | | OPERATING RATIOS | | PROFITABILITY RATIOS |
| Free Cash Flow Margin | 5.97 |
| Free Cash Flow Margin 5YEAR AVG | -122.40 |
| Net Profit Margin | 18.4 |
| Net Profit Margin - 5YEAR AVRG. | 3.1 |
| Equity Productivity | 0.54 |
| Return on Equity (ROE) | 10.0 |
| Return on Equity (ROE) - 5YEAR AVRG. | 1.3 |
| Capital Invested Productivity | 0.16 |
| Return on Capital Invested (ROCI) | 2.9 |
| Return on Capital Invested (ROCI) - 5YEAR AVRG. | 0.4 |
| Assets Productivity | 0.10 |
| Return on Assets (ROA) | 2.1 |
| Return on Assets (ROA) - 5YEAR AVRG. | 0.3 |
| Gross Profit Margin | 81.5 |
| Gross Profit Margin - 5YEAR AVRG. | 77.9 |
| EBITDA Margin - LTM | 77.0 |
| EBIT Margin - LTM | 29.1 |
| Pre-Tax Profit Margin | 18.4 |
| Pre-Tax Profit Margin - 5YEAR AVRG. | -4.8 |
| Effective Tax Rate | 0.0 |
| Effective Tax Rate - 5YEAR AVRG. | 0.0 |
| EFFICIENCY RATIOS |
| Cash Conversion Cycle | 5 |
| Revenue per Employee | 244,739 |
| Net Income per Employee | 44,928 |
| Average Collection Period | 5 |
| Receivables Turnover | 80.5 |
| Day's Inventory Turnover Ratio | |
| Inventory Turnover | 0.0 |
| Inventory/Sales | 0.0 |
| Accounts Payble/Sales | 0.00 |
| Assets/Revenue | 10.00 |
| Net Working Capital Turnover | 2.23 |
| Fixed Assets Turnover | 0.13 |
| Total Assets Turnover | 0.1 |
| Revenue per $ Cash | 1.68 |
| Revenue per $ Plant | 0.14 |
| Revenue per $ Common Equity | 0.54 |
| Revenue per $ Capital Invested | 0.16 |
| Selling, General & Adm/tive (SG&A) as % of Revenue | 4.2 |
| SG&A Expense as % of Revenue - 5YEAR AVRG. | 3.3 |
| Research & Devlopment (R&D) as % of Revenue | 0.0 |
| R&D Expense as % of Revenue - 5YEAR AVRG. | 0.0 |
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