EUROSEAS LTD (ESEA) Stock Fundamental Analysis
USA - NASDAQ:ESEA - MHY235921357 - Common Stock
59.36 USD
+3.6 (+6.46%)
61.19 USD
+1.83 (+3.08%)
Overall ESEA gets a fundamental rating of 6 out of 10. We evaluated ESEA against 35 industry peers in the Marine Transportation industry. ESEA scores excellent on profitability, but there are concerns on its financial health. ESEA is valued quite cheap, while showing a decent growth score. This is a good combination! ESEA also has an excellent dividend rating.
1. Profitability
1.1 Basic Checks
In the past year ESEA was profitable.
In the past year ESEA had a positive cash flow from operations.
Each year in the past 5 years ESEA has been profitable.
Each year in the past 5 years ESEA had a positive operating cash flow.
1.2 Ratios
The Return On Assets of ESEA (20.14%) is better than 97.14% of its industry peers.
The Return On Equity of ESEA (32.78%) is better than 97.14% of its industry peers.
The Return On Invested Capital of ESEA (17.90%) is better than 94.29% of its industry peers.
ESEA had an Average Return On Invested Capital over the past 3 years of 24.51%. This is significantly above the industry average of 18.49%.
The last Return On Invested Capital (17.90%) for ESEA is well below the 3 year average (24.51%), which needs to be investigated, but indicates that ESEA had better years and this may not be a problem.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 20.14% | ||
| ROE | 32.78% | ||
| ROIC | 17.9% |
ROA(3y)26.17%
ROA(5y)20.13%
ROE(3y)45.78%
ROE(5y)40.36%
ROIC(3y)24.51%
ROIC(5y)19.97%
1.3 Margins
Looking at the Profit Margin, with a value of 53.84%, ESEA belongs to the top of the industry, outperforming 94.29% of the companies in the same industry.
In the last couple of years the Profit Margin of ESEA has grown nicely.
ESEA's Operating Margin of 54.74% is amongst the best of the industry. ESEA outperforms 97.14% of its industry peers.
In the last couple of years the Operating Margin of ESEA has grown nicely.
ESEA has a better Gross Margin (96.17%) than 97.14% of its industry peers.
ESEA's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 54.74% | ||
| PM (TTM) | 53.84% | ||
| GM | 96.17% |
OM growth 3Y3.33%
OM growth 5Y62.42%
PM growth 3Y5.54%
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.
ESEA has more shares outstanding than it did 1 year ago.
ESEA has more shares outstanding than it did 5 years ago.
The debt/assets ratio for ESEA is higher compared to a year ago.
2.2 Solvency
An Altman-Z score of 2.45 indicates that ESEA is not a great score, but indicates only limited risk for bankruptcy at the moment.
Looking at the Altman-Z score, with a value of 2.45, ESEA is in the better half of the industry, outperforming 80.00% of the companies in the same industry.
ESEA has a Debt/Equity ratio of 0.46. This is a healthy value indicating a solid balance between debt and equity.
ESEA's Debt to Equity ratio of 0.46 is in line compared to the rest of the industry. ESEA outperforms 54.29% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.46 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 2.45 |
ROIC/WACC2.12
WACC8.43%
2.3 Liquidity
ESEA has a Current Ratio of 1.49. This is a normal value and indicates that ESEA is financially healthy and should not expect problems in meeting its short term obligations.
With a Current ratio value of 1.49, ESEA perfoms like the industry average, outperforming 48.57% of the companies in the same industry.
ESEA has a Quick Ratio of 1.44. 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 (1.44) which is in line with its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.49 | ||
| Quick Ratio | 1.44 |
3. Growth
3.1 Past
ESEA shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 8.46%, which is quite good.
Measured over the past years, ESEA shows a very strong growth in Earnings Per Share. The EPS has been growing by 33.33% on average per year.
The Revenue has grown by 12.43% in the past year. This is quite good.
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)8.46%
EPS 3Y33.33%
EPS 5YN/A
EPS Q2Q%7.91%
Revenue 1Y (TTM)12.43%
Revenue growth 3Y31.37%
Revenue growth 5Y39.71%
Sales Q2Q%8.13%
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 Y17.9%
EPS Next 2Y7.69%
EPS Next 3Y0.45%
EPS Next 5YN/A
Revenue Next Year9.13%
Revenue Next 2Y4.47%
Revenue Next 3Y1.78%
Revenue Next 5YN/A
3.3 Evolution
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
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
A Price/Earnings ratio of 3.82 indicates a rather cheap valuation of ESEA.
Based on the Price/Earnings ratio, ESEA is valued cheaper than 82.86% of the companies in the same industry.
When comparing the Price/Earnings ratio of ESEA to the average of the S&P500 Index (25.47), we can say ESEA is valued rather cheaply.
With a Price/Forward Earnings ratio of 3.63, the valuation of ESEA can be described as very cheap.
Based on the Price/Forward Earnings ratio, ESEA is valued cheaply inside the industry as 91.43% of the companies are valued more expensively.
When comparing the Price/Forward Earnings ratio of ESEA to the average of the S&P500 Index (35.42), we can say ESEA is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 3.82 | ||
| Fwd PE | 3.63 |
4.2 Price Multiples
ESEA's Enterprise Value to EBITDA ratio is a bit cheaper when compared to the industry. ESEA is cheaper than 68.57% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 3.72 |
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)0.21
PEG (5Y)N/A
EPS Next 2Y7.69%
EPS Next 3Y0.45%
5. Dividend
5.1 Amount
ESEA has a Yearly Dividend Yield of 4.65%, which is a nice return.
Compared to an average industry Dividend Yield of 7.67, ESEA pays a bit more dividend than its industry peers.
ESEA's Dividend Yield is rather good when compared to the S&P500 average which is at 2.44.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.65% |
5.2 History
On average, the dividend of ESEA grows each year by 54.15%, which is quite nice.
ESEA has been paying a dividend for at least 10 years, so it has a reliable track record.
The dividend of ESEA decreased in the last 3 years.
Dividend Growth(5Y)54.15%
Div Incr Years2
Div Non Decr Years2
5.3 Sustainability
14.29% of the earnings are spent on dividend by ESEA. This is a low number and sustainable payout ratio.
The dividend of ESEA is growing, but the earnings are growing slower. This means the dividend growth is not sustainable.
DP14.29%
EPS Next 2Y7.69%
EPS Next 3Y0.45%
59.36
+3.6 (+6.46%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupTransportation
GICS IndustryMarine Transportation
Earnings (Last)
Earnings (Next)
Inst Owners7.04%
Inst Owner Change18.68%
Ins Owners1.84%
Ins Owner ChangeN/A
Market Cap416.11M
Revenue(TTM)212.90M
Net Income(TTM)119.00M
Analysts82.22
Price Target75.14 (26.58%)
Short Float %1.82%
Short Ratio1.36
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.65% |
Yearly Dividend2.42
Dividend Growth(5Y)54.15%
DP14.29%
Div Incr Years2
Div Non Decr Years2
Ex-Date
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)15.87%
Min EPS beat(2)12.39%
Max EPS beat(2)19.35%
EPS beat(4)3
Avg EPS beat(4)9.63%
Min EPS beat(4)-1.37%
Max EPS beat(4)19.35%
EPS beat(8)5
Avg EPS beat(8)15.18%
EPS beat(12)9
Avg EPS beat(12)17.16%
EPS beat(16)11
Avg EPS beat(16)12.81%
Revenue beat(2)2
Avg Revenue beat(2)4.83%
Min Revenue beat(2)4.4%
Max Revenue beat(2)5.25%
Revenue beat(4)3
Avg Revenue beat(4)2.42%
Min Revenue beat(4)-0.4%
Max Revenue beat(4)5.25%
Revenue beat(8)5
Avg Revenue beat(8)4.15%
Revenue beat(12)8
Avg Revenue beat(12)4.07%
Revenue beat(16)12
Avg Revenue beat(16)3.82%
PT rev (1m)0.91%
PT rev (3m)23.46%
EPS NQ rev (1m)0%
EPS NQ rev (3m)12.24%
EPS NY rev (1m)-2.02%
EPS NY rev (3m)8.14%
Revenue NQ rev (1m)0.69%
Revenue NQ rev (3m)1.52%
Revenue NY rev (1m)0.71%
Revenue NY rev (3m)2.96%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 3.82 | ||
| Fwd PE | 3.63 | ||
| P/S | 1.88 | ||
| P/FCF | N/A | ||
| P/OCF | 3.25 | ||
| P/B | 1.15 | ||
| P/tB | 1.15 | ||
| EV/EBITDA | 3.72 |
EPS(TTM)15.52
EY26.15%
EPS(NY)16.33
Fwd EY27.51%
FCF(TTM)-7.28
FCFYN/A
OCF(TTM)18.26
OCFY30.76%
SpS31.53
BVpS51.78
TBVpS51.78
PEG (NY)0.21
PEG (5Y)N/A
Graham Number134.47
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 20.14% | ||
| ROE | 32.78% | ||
| ROCE | 22.66% | ||
| ROIC | 17.9% | ||
| ROICexc | 20.77% | ||
| ROICexgc | 20.77% | ||
| OM | 54.74% | ||
| PM (TTM) | 53.84% | ||
| GM | 96.17% | ||
| FCFM | N/A |
ROA(3y)26.17%
ROA(5y)20.13%
ROE(3y)45.78%
ROE(5y)40.36%
ROIC(3y)24.51%
ROIC(5y)19.97%
ROICexc(3y)28.12%
ROICexc(5y)22.86%
ROICexgc(3y)28.12%
ROICexgc(5y)22.86%
ROCE(3y)31.03%
ROCE(5y)25.28%
ROICexgc growth 3Y-4.99%
ROICexgc growth 5Y67.54%
ROICexc growth 3Y-4.99%
ROICexc growth 5Y67.54%
OM growth 3Y3.33%
OM growth 5Y62.42%
PM growth 3Y5.54%
PM growth 5YN/A
GM growth 3Y-0.2%
GM growth 5Y0.38%
F-Score6
Asset Turnover0.37
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.46 | ||
| Debt/FCF | N/A | ||
| Debt/EBITDA | 1.14 | ||
| Cap/Depr | 688.46% | ||
| Cap/Sales | 80.98% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 87.07% | ||
| Profit Quality | N/A | ||
| Current Ratio | 1.49 | ||
| Quick Ratio | 1.44 | ||
| Altman-Z | 2.45 |
F-Score6
WACC8.43%
ROIC/WACC2.12
Cap/Depr(3y)555.23%
Cap/Depr(5y)540.79%
Cap/Sales(3y)64.29%
Cap/Sales(5y)54.58%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)8.46%
EPS 3Y33.33%
EPS 5YN/A
EPS Q2Q%7.91%
EPS Next Y17.9%
EPS Next 2Y7.69%
EPS Next 3Y0.45%
EPS Next 5YN/A
Revenue 1Y (TTM)12.43%
Revenue growth 3Y31.37%
Revenue growth 5Y39.71%
Sales Q2Q%8.13%
Revenue Next Year9.13%
Revenue Next 2Y4.47%
Revenue Next 3Y1.78%
Revenue Next 5YN/A
EBIT growth 1Y4.79%
EBIT growth 3Y35.74%
EBIT growth 5Y126.92%
EBIT Next Year33.98%
EBIT Next 3Y12.39%
EBIT Next 5YN/A
FCF growth 1Y-729.63%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y16.47%
OCF growth 3Y34.51%
OCF growth 5Y109.13%
EUROSEAS LTD / ESEA FAQ
What is the ChartMill fundamental rating of EUROSEAS LTD (ESEA) stock?
ChartMill assigns a fundamental rating of 6 / 10 to ESEA.
Can you provide the valuation status for EUROSEAS LTD?
ChartMill assigns a valuation rating of 7 / 10 to EUROSEAS LTD (ESEA). This can be considered as Undervalued.
Can you provide the profitability details for EUROSEAS LTD?
EUROSEAS LTD (ESEA) has a profitability rating of 9 / 10.
Can you provide the PE and PB ratios for ESEA stock?
The Price/Earnings (PE) ratio for EUROSEAS LTD (ESEA) is 3.82 and the Price/Book (PB) ratio is 1.15.
How financially healthy is EUROSEAS LTD?
The financial health rating of EUROSEAS LTD (ESEA) is 3 / 10.