(ESEA) Euroseas - Overview
Sector: Industrials | Industry: Marine Shipping | Exchange: NASDAQ (USA) | Market Cap: 461m USD | Total Return: 82.8% in 12m
Avg Turnover: 4.48M
EPS Trend: 70.5%
Qual. Beats: 0
Rev. Trend: 96.9%
Qual. Beats: 0
Warnings
Beneish M-Score 1.00 > -1.5 - likely earnings manipulation
Fakeout Below Avwap Earnings
Tailwinds
No distinct edge detected
Euroseas Ltd. is a Greece-based marine transportation company specializing in the ownership and operation of containerships. The company services global trade routes by transporting dry and refrigerated containerized goods, ranging from manufactured consumer products to perishable items. As of April 30, 2025, the fleet consisted of 22 vessels with a total carrying capacity of approximately 849,404 deadweight tons (dwt).
The company operates within the feeder and intermediate containership segments, which typically provide regional distribution services that connect smaller ports to major global hubs. Their business model relies on time charters, where vessels are leased to liner companies for fixed periods, providing a predictable revenue stream linked to prevailing charter market rates. Investors looking for deeper fundamental analysis may find further insights on ValueRay.
- Charter rate fluctuations for intermediate containerships impact core operating revenue
- Regional conflict and Suez Canal disruptions drive demand for tonnage
- Fleet expansion via newbuild deliveries increases long-term earnings capacity
- Global manufacturing output and consumer demand dictate container shipping volumes
- Compliance with IMO carbon intensity regulations affects vessel operating costs
| Net Income: 132.6m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.15 > 0.02 and ΔFCF/TA 21.78 > 1.0 |
| NWC/Revenue: 75.98% < 20% (prev 19.17%; Δ 56.80% < -1%) |
| CFO/TA 0.19 > 3% & CFO 138.3m > Net Income 132.6m |
| Net Debt (17.6m) to EBITDA (172.4m): 0.10 < 3 |
| Current Ratio: 5.46 > 1.5 & < 3 |
| Outstanding Shares: last quarter (6.99m) vs 12m ago 0.23% < -2% |
| Gross Margin: 65.30% > 18% (prev 0.65%; Δ 6.46k% > 0.5%) |
| Asset Turnover: 33.16% > 50% (prev 34.30%; Δ -1.14% > 0%) |
| Interest Coverage Ratio: 10.30 > 6 (EBITDA TTM 172.4m / Interest Expense TTM 14.1m) |
| A: 0.24 (Total Current Assets 211.5m - Total Current Liabilities 38.8m) / Total Assets 722.7m |
| B: 0.32 (Retained Earnings 231.7m / Total Assets 722.7m) |
| C: 0.21 (EBIT TTM 145.2m / Avg Total Assets 685.7m) |
| D: 1.00 (Book Value of Equity 231.1m / Total Liabilities 232.0m) |
| Altman-Z'' = 5.08 = AAA |
| DSRI: 2.15 (Receivables 13.4m/6.12m, Revenue 227.4m/222.5m) |
| GMI: 1.00 (GM 65.30% / 65.40%) |
| AQI: 7.36 (AQ_t 0.07 / AQ_t-1 0.01) |
| SGI: 1.02 (Revenue 227.4m / 222.5m) |
| TATA: -0.01 (NI 132.6m - CFO 138.3m) / TA 722.7m) |
| Beneish M = 1.70 (Cap -4..+1) = D |
As of May 28, 2026, the stock is trading at USD 66.00 with a total of 64,670 shares traded.
Over the past week, the price has changed by -1.54%,
over one month by -4.93%,
over three months by -2.88% and
over the past year by +82.81%.
Euroseas has received a consensus analysts rating of 4.67. Therefore, it is recommended to buy ESEA.
- StrongBuy: 2
- Buy: 1
- Hold: 0
- Sell: 0
- StrongSell: 0
| Analysts Target Price | 88.7 | 34.3% |
P/E Trailing = 3.4235
P/E Forward = 3.9557
P/S = 2.0271
P/B = 0.9396
P/EG = 6.0236
Revenue TTM = 227.4m USD
EBIT TTM = 145.2m USD
EBITDA TTM = 172.4m USD
Long Term Debt = 193.2m USD (from longTermDebt, last quarter)
Short Term Debt = 18.3m USD (from shortTermDebt, last quarter)
Debt = 211.5m USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 17.6m USD (calculated: Debt 211.5m - CCE 193.9m)
Enterprise Value = 478.5m USD (460.9m + Debt 211.5m - CCE 193.9m)
Interest Coverage Ratio = 10.30 (Ebit TTM 145.2m / Interest Expense TTM 14.1m)
EV/FCF = 4.42x (Enterprise Value 478.5m / FCF TTM 108.2m)
FCF Yield = 22.60% (FCF TTM 108.2m / Enterprise Value 478.5m)
FCF Margin = 47.57% (FCF TTM 108.2m / Revenue TTM 227.4m)
Net Margin = 58.31% (Net Income TTM 132.6m / Revenue TTM 227.4m)
Gross Margin = 65.30% ((Revenue TTM 227.4m - Cost of Revenue TTM 78.9m) / Revenue TTM)
Gross Margin QoQ = 67.57% (prev 66.98%)
Tobins Q-Ratio = 0.66 (Enterprise Value 478.5m / Total Assets 722.7m)
Interest Expense / Debt = 6.66% (Interest Expense 14.1m / Debt 211.5m)
Taxrate = 21.0% (US default 21%)
NOPAT = 114.7m (EBIT 145.2m * (1 - 21.00%))
Current Ratio = 5.46 (Total Current Assets 211.5m / Total Current Liabilities 38.8m)
Debt / Equity = 0.43 (Debt 211.5m / totalStockholderEquity, last quarter 490.7m)
Debt / EBITDA = 0.10 (Net Debt 17.6m / EBITDA 172.4m)
Debt / FCF = 0.16 (Net Debt 17.6m / FCF TTM 108.2m)
Total Stockholder Equity = 446.3m (last 4 quarters mean from totalStockholderEquity)
RoA = 19.33% (Net Income 132.6m / Total Assets 722.7m)
RoE = 29.71% (Net Income TTM 132.6m / Total Stockholder Equity 446.3m)
RoCE = 22.70% (EBIT 145.2m / Capital Employed (Equity 446.3m + L.T.Debt 193.2m))
RoIC = 16.33% (NOPAT 114.7m / Invested Capital 702.2m)
WACC = 6.93% (E(460.9m)/V(672.4m) * Re(7.70%) + D(211.5m)/V(672.4m) * Rd(6.66%) * (1-Tc(0.21)))
Discount Rate = 7.70% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: 37.78 | Cagr: 0.30%
[DCF] Terminal Value 75.44% ; FCFF base≈108.2m ; Y1≈108.6m ; Y5≈115.1m
[DCF] Fair Price = 251.1 (EV 1.79b - Net Debt 17.6m = Equity 1.77b / Shares 7.06m; r=8.35% [WACC [floored]]; 5y FCF grow 0.0% → 2.50% )
EPS Correlation: 70.48 | EPS CAGR: 5.13% | SUE: 0.55 | # QB: 0
Revenue Correlation: 96.91 | Revenue CAGR: 10.00% | SUE: -0.30 | # QB: 0
EPS current Quarter (2026-06-30): EPS=4.24 | Chg30d=+2.29% | Revisions=+20% | Analysts=2
EPS next Quarter (2026-09-30): EPS=4.12 | Chg30d=+1.85% | Revisions=+20% | Analysts=2
EPS current Year (2026-12-31): EPS=17.24 | Chg30d=+4.01% | Revisions=+20% | GrowthEPS=+3.0% | GrowthRev=-0.8%
EPS next Year (2027-12-31): EPS=14.79 | Chg30d=-1.73% | Revisions=-20% | GrowthEPS=-14.2% | GrowthRev=+7.0%
[Analyst] Revisions Ratio: +20%