EUROSEAS LTD (ESEA) Stock Fundamental Analysis
NASDAQ:ESEA - Nasdaq - MHY235921357 - Common Stock - Currency: USD
Overall ESEA gets a fundamental rating of 6 out of 10. We evaluated ESEA against 32 industry peers in the Marine Transportation industry. ESEA scores excellent on profitability, but there are concerns on its financial health. ESEA has a correct valuation and a medium growth rate. ESEA also has an excellent dividend rating.
1. Profitability
1.1 Basic Checks
ESEA had positive earnings in the past year.
In the past year ESEA had a positive cash flow from operations.
Each year in the past 5 years ESEA has been profitable.
In the past 5 years ESEA always reported a positive cash flow from operatings.
1.2 Ratios
ESEA's Return On Assets of 22.46% is amongst the best of the industry. ESEA outperforms 100.00% of its industry peers.
The Return On Equity of ESEA (36.58%) is better than 96.88% of its industry peers.
Looking at the Return On Invested Capital, with a value of 19.93%, ESEA belongs to the top of the industry, outperforming 96.88% of the companies in the same industry.
Measured over the past 3 years, the Average Return On Invested Capital for ESEA is significantly above the industry average of 7.82%.
The last Return On Invested Capital (19.93%) 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 | 22.46% | ||
| ROE | 36.58% | ||
| ROIC | 19.93% |
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's Profit Margin of 51.14% is amongst the best of the industry. ESEA outperforms 93.75% of its industry peers.
ESEA's Profit Margin has improved in the last couple of years.
ESEA's Operating Margin of 51.89% is amongst the best of the industry. ESEA outperforms 93.75% of its industry peers.
In the last couple of years the Operating Margin of ESEA has grown nicely.
Looking at the Gross Margin, with a value of 92.61%, ESEA belongs to the top of the industry, outperforming 96.88% of the companies in the same industry.
ESEA's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 51.89% | ||
| PM (TTM) | 51.14% | ||
| GM | 92.61% |
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
ESEA has a Return on Invested Capital (ROIC), which is well above the Cost of Capital (WACC), which means it is creating value.
Compared to 1 year ago, ESEA has more shares outstanding
Compared to 5 years ago, ESEA has more shares outstanding
ESEA has a worse debt/assets ratio than last year.
2.2 Solvency
An Altman-Z score of 2.20 indicates that ESEA is not a great score, but indicates only limited risk for bankruptcy at the moment.
ESEA has a better Altman-Z score (2.20) than 78.13% of its industry peers.
ESEA has a Debt/Equity ratio of 0.46. This is a healthy value indicating a solid balance between debt and equity.
The Debt to Equity ratio of ESEA (0.46) is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.46 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 2.2 |
ROIC/WACC2.32
WACC8.58%
2.3 Liquidity
A Current Ratio of 1.48 indicates that ESEA should not have too much problems paying its short term obligations.
The Current ratio of ESEA (1.48) is comparable to the rest of the industry.
ESEA has a Quick Ratio of 1.43. 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 (1.43) which is in line with its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.48 | ||
| Quick Ratio | 1.43 |
3. Growth
3.1 Past
The earnings per share for ESEA have decreased by -8.99% in the last year.
ESEA shows a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 33.33% yearly.
ESEA shows a strong growth in Revenue. In the last year, the Revenue has grown by 37.10%.
Measured over the past years, ESEA shows a very strong growth in Revenue. The Revenue has been growing by 39.71% on average per year.
EPS 1Y (TTM)-8.99%
EPS 3Y33.33%
EPS 5YN/A
EPS Q2Q%-6.46%
Revenue 1Y (TTM)37.1%
Revenue growth 3Y31.37%
Revenue growth 5Y39.71%
Sales Q2Q%8.66%
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.
The Revenue is expected to grow by 1.78% on average over the next years.
EPS Next Y-1.24%
EPS Next 2Y-0.78%
EPS Next 3Y0.45%
EPS Next 5YN/A
Revenue Next Year3.64%
Revenue Next 2Y3.45%
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.
The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
The Price/Earnings ratio is 2.72, which indicates a rather cheap valuation of ESEA.
84.38% of the companies in the same industry are more expensive than ESEA, based on the Price/Earnings ratio.
ESEA's Price/Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 26.25.
The Price/Forward Earnings ratio is 2.76, which indicates a rather cheap valuation of ESEA.
90.63% of the companies in the same industry are more expensive than ESEA, based on the Price/Forward Earnings ratio.
ESEA is valuated cheaply when we compare the Price/Forward Earnings ratio to 22.15, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 2.72 | ||
| Fwd PE | 2.76 |
4.2 Price Multiples
84.38% of the companies in the same industry are more expensive than ESEA, based on the Enterprise Value to EBITDA ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 2.48 |
4.3 Compensation for Growth
ESEA has an outstanding profitability rating, which may justify a higher PE ratio.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y-0.78%
EPS Next 3Y0.45%
5. Dividend
5.1 Amount
ESEA has a Yearly Dividend Yield of 6.91%, which is a nice return.
ESEA's Dividend Yield is a higher than the industry average which is at 9.09.
ESEA's Dividend Yield is rather good when compared to the S&P500 average which is at 2.40.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 6.91% |
5.2 History
The dividend of ESEA is nicely growing with an annual growth rate of 53.86%!
ESEA has been paying a dividend for at least 10 years, so it has a reliable track record.
ESEA has decreased its dividend recently.
Dividend Growth(5Y)53.86%
Div Incr Years1
Div Non Decr Years1
5.3 Sustainability
ESEA pays out 12.68% of its income as dividend. This is a sustainable payout ratio.
The dividend of ESEA is growing, but the earnings are growing slower. This means the dividend growth is not sustainable.
DP12.68%
EPS Next 2Y-0.78%
EPS Next 3Y0.45%
NASDAQ:ESEA (5/30/2025, 4:30:02 PM)
38.33
+0.13 (+0.34%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupTransportation
GICS IndustryMarine Transportation
Earnings (Last)
Earnings (Next)
Inst Owners7.27%
Inst Owner Change-22.76%
Ins Owners2.09%
Ins Owner ChangeN/A
Market Cap268.69M
Analysts82.22
Price Target54.74 (42.81%)
Short Float %1.02%
Short Ratio0.9
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 6.91% |
Yearly Dividend2.4
Dividend Growth(5Y)53.86%
DP12.68%
Div Incr Years1
Div Non Decr Years1
Ex-Date
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)3.39%
Min EPS beat(2)-1.37%
Max EPS beat(2)8.16%
EPS beat(4)2
Avg EPS beat(4)10.46%
Min EPS beat(4)-9.76%
Max EPS beat(4)44.8%
EPS beat(8)5
Avg EPS beat(8)21.31%
EPS beat(12)9
Avg EPS beat(12)16.33%
EPS beat(16)11
Avg EPS beat(16)13.75%
Revenue beat(2)1
Avg Revenue beat(2)0.01%
Min Revenue beat(2)-0.4%
Max Revenue beat(2)0.42%
Revenue beat(4)2
Avg Revenue beat(4)4.44%
Min Revenue beat(4)-1.1%
Max Revenue beat(4)18.86%
Revenue beat(8)5
Avg Revenue beat(8)5%
Revenue beat(12)8
Avg Revenue beat(12)4.26%
Revenue beat(16)10
Avg Revenue beat(16)2.73%
PT rev (1m)-4.17%
PT rev (3m)-11.54%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-22.86%
EPS NY rev (1m)0%
EPS NY rev (3m)-9%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0.04%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-1.73%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 2.72 | ||
| Fwd PE | 2.76 | ||
| P/S | 1.03 | ||
| P/FCF | N/A | ||
| P/OCF | 2.1 | ||
| P/B | 0.74 | ||
| P/tB | 0.74 | ||
| EV/EBITDA | 2.48 |
EPS(TTM)14.08
EY36.73%
EPS(NY)13.91
Fwd EY36.28%
FCF(TTM)-7.24
FCFYN/A
OCF(TTM)18.28
OCFY47.7%
SpS37.04
BVpS51.78
TBVpS51.78
PEG (NY)N/A
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 22.46% | ||
| ROE | 36.58% | ||
| ROCE | 25.23% | ||
| ROIC | 19.93% | ||
| ROICexc | 23.12% | ||
| ROICexgc | 23.12% | ||
| OM | 51.89% | ||
| PM (TTM) | 51.14% | ||
| GM | 92.61% | ||
| 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-Score4
Asset Turnover0.44
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.46 | ||
| Debt/FCF | N/A | ||
| Debt/EBITDA | 1.05 | ||
| Cap/Depr | 678.57% | ||
| Cap/Sales | 68.92% | ||
| Interest Coverage | 13.52 | ||
| Cash Conversion | 79.57% | ||
| Profit Quality | N/A | ||
| Current Ratio | 1.48 | ||
| Quick Ratio | 1.43 | ||
| Altman-Z | 2.2 |
F-Score4
WACC8.58%
ROIC/WACC2.32
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)-8.99%
EPS 3Y33.33%
EPS 5YN/A
EPS Q2Q%-6.46%
EPS Next Y-1.24%
EPS Next 2Y-0.78%
EPS Next 3Y0.45%
EPS Next 5YN/A
Revenue 1Y (TTM)37.1%
Revenue growth 3Y31.37%
Revenue growth 5Y39.71%
Sales Q2Q%8.66%
Revenue Next Year3.64%
Revenue Next 2Y3.45%
Revenue Next 3Y1.78%
Revenue Next 5YN/A
EBIT growth 1Y20.16%
EBIT growth 3Y35.75%
EBIT growth 5Y126.92%
EBIT Next Year24.36%
EBIT Next 3Y12.39%
EBIT Next 5YN/A
FCF growth 1Y-386.53%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y-1.42%
OCF growth 3Y34.56%
OCF growth 5Y109.18%