EUROSEAS LTD (ESEA) Stock Fundamental Analysis
NASDAQ:ESEA - Nasdaq - MHY235921357 - Common Stock - Currency: USD
Overall ESEA gets a fundamental rating of 7 out of 10. We evaluated ESEA against 36 industry peers in the Marine Transportation industry. While ESEA has a great profitability rating, there are some minor concerns on its financial health. A decent growth rate in combination with a cheap valuation! Better keep an eye on ESEA. ESEA also has an excellent dividend rating.
1. Profitability
1.1 Basic Checks
ESEA had positive earnings in the past year.
ESEA had a positive operating cash flow in the past year.
ESEA had positive earnings in each of the past 5 years.
In the past 5 years ESEA always reported a positive cash flow from operatings.
1.2 Ratios
ESEA has a better Return On Assets (23.07%) than 97.22% of its industry peers.
The Return On Equity of ESEA (39.68%) is better than 94.44% of its industry peers.
The Return On Invested Capital of ESEA (19.32%) is better than 94.44% of its industry peers.
ESEA had an Average Return On Invested Capital over the past 3 years of 24.56%. This is significantly above the industry average of 9.34%.
The last Return On Invested Capital (19.32%) for ESEA is well below the 3 year average (24.56%), which needs to be investigated, but indicates that ESEA had better years and this may not be a problem.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 23.07% | ||
| ROE | 39.68% | ||
| ROIC | 19.32% |
ROA(3y)26.12%
ROA(5y)20.1%
ROE(3y)45.73%
ROE(5y)40.33%
ROIC(3y)24.56%
ROIC(5y)20%
1.3 Margins
ESEA has a better Profit Margin (55.60%) than 94.44% of its industry peers.
In the last couple of years the Profit Margin of ESEA has grown nicely.
ESEA's Operating Margin of 53.70% is amongst the best of the industry. ESEA outperforms 97.22% of its industry peers.
ESEA's Operating Margin has improved in the last couple of years.
ESEA has a better Gross Margin (94.59%) than 97.22% of its industry peers.
In the last couple of years the Gross Margin of ESEA has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 53.7% | ||
| PM (TTM) | 55.6% | ||
| GM | 94.59% |
OM growth 3Y3.33%
OM growth 5Y62.43%
PM growth 3Y5.47%
PM growth 5YN/A
GM growth 3Y-0.2%
GM growth 5Y0.38%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is well above the Cost of Capital (WACC), so ESEA is creating value.
ESEA has more shares outstanding than it did 1 year ago.
ESEA has more shares outstanding than it did 5 years ago.
ESEA has a worse debt/assets ratio than last year.
2.2 Solvency
An Altman-Z score of 2.28 indicates that ESEA is not a great score, but indicates only limited risk for bankruptcy at the moment.
With an excellent Altman-Z score value of 2.28, ESEA belongs to the best of the industry, outperforming 80.56% of the companies in the same industry.
A Debt/Equity ratio of 0.56 indicates that ESEA is somewhat dependend on debt financing.
ESEA's Debt to Equity ratio of 0.56 is in line compared to the rest of the industry. ESEA outperforms 55.56% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.56 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 2.28 |
ROIC/WACC2.35
WACC8.23%
2.3 Liquidity
ESEA has a Current Ratio of 1.74. This is a normal value and indicates that ESEA is financially healthy and should not expect problems in meeting its short term obligations.
ESEA has a Current ratio of 1.74. This is in the better half of the industry: ESEA outperforms 69.44% of its industry peers.
ESEA has a Quick Ratio of 1.68. This is a normal value and indicates that ESEA is financially healthy and should not expect problems in meeting its short term obligations.
ESEA has a Quick ratio of 1.68. This is in the better half of the industry: ESEA outperforms 69.44% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.74 | ||
| Quick Ratio | 1.68 |
3. Growth
3.1 Past
The Earnings Per Share has been growing slightly by 0.93% over the past year.
The Earnings Per Share has been growing by 33.33% on average over the past years. This is a very strong growth
Looking at the last year, ESEA shows a very strong growth in Revenue. The Revenue has grown by 38.68%.
ESEA shows a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 39.71% yearly.
EPS 1Y (TTM)0.93%
EPS 3Y33.33%
EPS 5YN/A
EPS Q2Q%41.35%
Revenue 1Y (TTM)38.68%
Revenue growth 3Y31.37%
Revenue growth 5Y39.71%
Sales Q2Q%20.61%
3.2 Future
Based on estimates for the next years, ESEA will show a small growth in Earnings Per Share. The EPS will grow by 0.45% on average per year.
ESEA is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 1.78% yearly.
EPS Next Y9.03%
EPS Next 2Y4.07%
EPS Next 3Y0.45%
EPS Next 5YN/A
Revenue Next Year6%
Revenue Next 2Y3.85%
Revenue Next 3Y1.78%
Revenue Next 5YN/A
3.3 Evolution
The EPS growth rate is decreasing: in the next years the growth will be less than in the last years.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
4. Valuation
4.1 Price/Earnings Ratio
The Price/Earnings ratio is 3.68, which indicates a rather cheap valuation of ESEA.
Based on the Price/Earnings ratio, ESEA is valued cheaper than 86.11% of the companies in the same industry.
When comparing the Price/Earnings ratio of ESEA to the average of the S&P500 Index (26.73), we can say ESEA is valued rather cheaply.
ESEA is valuated cheaply with a Price/Forward Earnings ratio of 3.67.
ESEA's Price/Forward Earnings ratio is rather cheap when compared to the industry. ESEA is cheaper than 88.89% of the companies in the same industry.
Compared to an average S&P500 Price/Forward Earnings ratio of 34.61, ESEA is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 3.68 | ||
| Fwd PE | 3.67 |
4.2 Price Multiples
ESEA's Enterprise Value to EBITDA ratio is rather cheap when compared to the industry. ESEA is cheaper than 80.56% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 2.96 |
4.3 Compensation for Growth
The low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
The excellent profitability rating of ESEA may justify a higher PE ratio.
PEG (NY)0.41
PEG (5Y)N/A
EPS Next 2Y4.07%
EPS Next 3Y0.45%
5. Dividend
5.1 Amount
ESEA has a Yearly Dividend Yield of 5.21%, which is a nice return.
ESEA's Dividend Yield is rather good when compared to the industry average which is at 6.98. ESEA pays more dividend than 80.56% of the companies in the same industry.
ESEA's Dividend Yield is rather good when compared to the S&P500 average which is at 2.39.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.21% |
5.2 History
The dividend of ESEA is nicely growing with an annual growth rate of 53.86%!
ESEA has paid a dividend for at least 10 years, which is a reliable track record.
The dividend of ESEA decreased in the last 3 years.
Dividend Growth(5Y)53.86%
Div Incr Years2
Div Non Decr Years2
5.3 Sustainability
11.49% of the earnings are spent on dividend by ESEA. This is a low number and sustainable payout ratio.
ESEA's earnings are growing slower than its dividend. This means the dividend growth is not sustainable.
DP11.49%
EPS Next 2Y4.07%
EPS Next 3Y0.45%
NASDAQ:ESEA (8/13/2025, 1:28:21 PM)
55.9201
+4.59 (+8.94%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupTransportation
GICS IndustryMarine Transportation
Earnings (Last)
Earnings (Next)
Inst Owners6.02%
Inst Owner Change3.05%
Ins Owners1.84%
Ins Owner ChangeN/A
Market Cap392.00M
Analysts82.22
Price Target60.86 (8.83%)
Short Float %1.17%
Short Ratio0.89
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.21% |
Yearly Dividend2.4
Dividend Growth(5Y)53.86%
DP11.49%
Div Incr Years2
Div Non Decr Years2
Ex-Date
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)5.51%
Min EPS beat(2)-1.37%
Max EPS beat(2)12.39%
EPS beat(4)3
Avg EPS beat(4)15.99%
Min EPS beat(4)-1.37%
Max EPS beat(4)44.8%
EPS beat(8)5
Avg EPS beat(8)21.51%
EPS beat(12)9
Avg EPS beat(12)16.33%
EPS beat(16)11
Avg EPS beat(16)12.95%
Revenue beat(2)2
Avg Revenue beat(2)2.41%
Min Revenue beat(2)0.42%
Max Revenue beat(2)4.4%
Revenue beat(4)3
Avg Revenue beat(4)5.82%
Min Revenue beat(4)-0.4%
Max Revenue beat(4)18.86%
Revenue beat(8)5
Avg Revenue beat(8)5.27%
Revenue beat(12)8
Avg Revenue beat(12)4.3%
Revenue beat(16)11
Avg Revenue beat(16)3.27%
PT rev (1m)6.55%
PT rev (3m)11.18%
EPS NQ rev (1m)0%
EPS NQ rev (3m)6.81%
EPS NY rev (1m)0%
EPS NY rev (3m)10.39%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0.83%
Revenue NY rev (1m)0%
Revenue NY rev (3m)2.28%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 3.68 | ||
| Fwd PE | 3.67 | ||
| P/S | 1.46 | ||
| P/FCF | N/A | ||
| P/OCF | 2.72 | ||
| P/B | 1.04 | ||
| P/tB | 1.04 | ||
| EV/EBITDA | 2.96 |
EPS(TTM)15.18
EY27.15%
EPS(NY)15.25
Fwd EY27.27%
FCF(TTM)-6.3
FCFYN/A
OCF(TTM)20.57
OCFY36.79%
SpS38.41
BVpS53.82
TBVpS53.82
PEG (NY)0.41
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 23.07% | ||
| ROE | 39.68% | ||
| ROCE | 24.45% | ||
| ROIC | 19.32% | ||
| ROICexc | 22.71% | ||
| ROICexgc | 22.71% | ||
| OM | 53.7% | ||
| PM (TTM) | 55.6% | ||
| GM | 94.59% | ||
| FCFM | N/A |
ROA(3y)26.12%
ROA(5y)20.1%
ROE(3y)45.73%
ROE(5y)40.33%
ROIC(3y)24.56%
ROIC(5y)20%
ROICexc(3y)28.17%
ROICexc(5y)22.89%
ROICexgc(3y)28.17%
ROICexgc(5y)22.89%
ROCE(3y)31.08%
ROCE(5y)25.32%
ROICexcg growth 3Y-4.99%
ROICexcg growth 5Y67.54%
ROICexc growth 3Y-4.99%
ROICexc growth 5Y67.54%
OM growth 3Y3.33%
OM growth 5Y62.43%
PM growth 3Y5.47%
PM growth 5YN/A
GM growth 3Y-0.2%
GM growth 5Y0.38%
F-Score5
Asset Turnover0.42
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.56 | ||
| Debt/FCF | N/A | ||
| Debt/EBITDA | 1.22 | ||
| Cap/Depr | 650.22% | ||
| Cap/Sales | 69.97% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 83.09% | ||
| Profit Quality | N/A | ||
| Current Ratio | 1.74 | ||
| Quick Ratio | 1.68 | ||
| Altman-Z | 2.28 |
F-Score5
WACC8.23%
ROIC/WACC2.35
Cap/Depr(3y)553.53%
Cap/Depr(5y)539.77%
Cap/Sales(3y)64.33%
Cap/Sales(5y)54.61%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)0.93%
EPS 3Y33.33%
EPS 5YN/A
EPS Q2Q%41.35%
EPS Next Y9.03%
EPS Next 2Y4.07%
EPS Next 3Y0.45%
EPS Next 5YN/A
Revenue 1Y (TTM)38.68%
Revenue growth 3Y31.37%
Revenue growth 5Y39.71%
Sales Q2Q%20.61%
Revenue Next Year6%
Revenue Next 2Y3.85%
Revenue Next 3Y1.78%
Revenue Next 5YN/A
EBIT growth 1Y33.9%
EBIT growth 3Y35.75%
EBIT growth 5Y126.92%
EBIT Next Year27.84%
EBIT Next 3Y12.39%
EBIT Next 5YN/A
FCF growth 1Y-109.38%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y32.66%
OCF growth 3Y34.56%
OCF growth 5Y109.18%