(ESEA) Euroseas - NASDAQ
Sector: Industrials | Industry: Marine Shipping | Exchange: NASDAQ (USA) | Market Cap: 485m USD | Total Return: 52% in 12m
Avg Turnover: 4.40M
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
Choppy
Tailwinds
Shakeout
Euroseas Ltd. (NASDAQ: ESEA) is a Greece-based shipping company that provides ocean-going transportation services, operating a fleet of containerships that carry both dry and refrigerated (reefer) cargoes, such as manufactured goods and perishables. As of April 15, 2026, the company operates 21 containerships with a total capacity of 61,144 TEU, and is headquartered in Marousi, Greece.
The companys fleet is split between 15 Feeder containerships and 6 Intermediate containerships. Feeder vessels typically connect smaller ports to major hub ports, while Intermediate vessels serve medium-haul regional routes, a structure that positions Euroseas in the smaller-to-mid-sized segments of the global container shipping market.
Listed on NASDAQ since May 2006 and classified under the Industrials sector (Marine Transportation), Euroseas operates in the broader ocean freight industry, where container capacity is measured in TEU (Twenty-foot Equivalent Units). Its exposure to reefer cargo ties its performance to demand for perishable goods trade, in addition to general containerized manufactured products.
- Containership charter rate volatility drives quarterly revenue swings
- Fleet expansion through newbuild orders boosts TEU capacity
- Red Sea disruption extends rerouting demand for feeder vessels
| 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 (173.9m): 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 65.40%; Δ -0.10% > 0.5%) |
| Asset Turnover: 33.16% > 50% (prev 34.30%; Δ -1.14% > 0%) |
| Interest Coverage Ratio: 10.41 > 6 (EBIT TTM 146.7m / 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 146.7m / Avg Total Assets 685.7m) |
| D: 2.12 (Book Value of Equity 490.7m / Total Liabilities 232.0m) |
| Altman-Z'' = 6.27 = AAA |
| DSRI: 2.15 (Receivables 13.4m/6.12m, Revenue 227.4m/222.5m) |
| GMI: 1.00 (GM 65.40% / 65.30%) |
| 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 = 1.71 (Cap -4..+1) = D |
As of June 25, 2026, the stock is trading at USD 68.26 with a total of 77,143 shares traded. Over the past week, the price has changed by -1.70%, over one month by +5.77%, over three months by +1.61% and over the past year by +51.99%.
Current recommended Stop Loss: 61.30 (which is 10.2% or 2.3 ATR below the current price).
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 | 29.9% |
P/E Trailing = 3.6001
P/E Forward = 4.1684
P/S = 2.1317
P/B = 0.9818
P/EG = 6.0236
Revenue TTM = 227.4m USD
EBIT TTM = 146.7m USD
EBITDA TTM = 173.9m 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 = 502.3m USD (484.7m + Debt 211.5m - CCE 193.9m)
Interest Coverage Ratio = 10.41 (Ebit TTM 146.7m / Interest Expense TTM 14.1m)
EV/FCF = 4.64x (Enterprise Value 502.3m / FCF TTM 108.2m)
FCF Yield = 21.53% (FCF TTM 108.2m / Enterprise Value 502.3m)
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 = 0.70 (Enterprise Value 502.3m / Total Assets 722.7m)
Interest Expense / Debt = 6.66% (Interest Expense 14.1m / Debt 211.5m)
Taxrate = 21.0% (US federal default 21%)
NOPAT = 115.9m (EBIT 146.7m * (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 173.9m)
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 = 22.93% (EBIT 146.7m / Capital Employed (Equity 446.3m + L.T.Debt 193.2m))
RoIC = 16.77% (NOPAT 115.9m / Invested Capital 690.9m)
WACC = 6.79% (E(484.7m)/V(696.2m) * Re(7.45%) + D(211.5m)/V(696.2m) * Rd(6.66%) * (1-Tc(0.21)))
Discount Rate = 7.45% (= 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=+33% | Analysts=2
EPS next Quarter (2026-09-30): EPS=4.12 | Chg30d=+1.85% | Revisions=+0% | Analysts=2
EPS current Year (2026-12-31): EPS=17.24 | Chg30d=+4.01% | Revisions=+33% | 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: +33%