56.455 USD
+2.05 (+3.76%)
54.01 USD
-2.45 (-4.33%)
Taking everything into account, ESEA scores 7 out of 10 in our fundamental rating. ESEA was compared to 35 industry peers in the Marine Transportation industry. While ESEA has a great profitability rating, there are some minor concerns on its financial health. ESEA may be a bit undervalued, certainly considering the very reasonable score on growth Finally ESEA also has an excellent dividend rating. These ratings would make ESEA suitable for value and dividend investing!
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.
Each year in the past 5 years ESEA had a positive operating cash flow.
1.2 Ratios
The Return On Assets of ESEA (17.91%) is better than 97.14% of its industry peers.
ESEA has a better Return On Equity (28.23%) than 97.14% of its industry peers.
ESEA's Return On Invested Capital of 15.39% is amongst the best of the industry. ESEA outperforms 97.14% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for ESEA is significantly above the industry average of 6.93%.
The last Return On Invested Capital (15.39%) 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 | 17.91% | ||
| ROE | 28.23% | ||
| ROIC | 15.39% |
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 (54.01%) than 91.43% of its industry peers.
In the last couple of years the Profit Margin of ESEA has grown nicely.
With an excellent Operating Margin value of 54.86%, ESEA belongs to the best of the industry, outperforming 97.14% of the companies in the same industry.
ESEA's Operating Margin has improved in the last couple of years.
ESEA has a better Gross Margin (95.51%) 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 | 54.86% | ||
| PM (TTM) | 54.01% | ||
| GM | 95.51% |
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.
Compared to 5 years ago, ESEA has more shares outstanding
Compared to 1 year ago, ESEA has a worse debt to assets ratio.
2.2 Solvency
An Altman-Z score of 2.42 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 2.42, ESEA is in the better half of the industry, outperforming 74.29% of the companies in the same industry.
The Debt to FCF ratio of ESEA is 5.52, which is a neutral value as it means it would take ESEA, 5.52 years of fcf income to pay off all of its debts.
Looking at the Debt to FCF ratio, with a value of 5.52, ESEA is in the better half of the industry, outperforming 68.57% of the companies in the same industry.
A Debt/Equity ratio of 0.47 indicates that ESEA is not too dependend on debt financing.
With a Debt to Equity ratio value of 0.47, ESEA perfoms like the industry average, outperforming 51.43% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.47 | ||
| Debt/FCF | 5.52 | ||
| Altman-Z | 2.42 |
ROIC/WACC1.86
WACC8.29%
2.3 Liquidity
A Current Ratio of 3.59 indicates that ESEA has no problem at all paying its short term obligations.
Looking at the Current ratio, with a value of 3.59, ESEA is in the better half of the industry, outperforming 77.14% of the companies in the same industry.
ESEA has a Quick Ratio of 3.53. This indicates that ESEA is financially healthy and has no problem in meeting its short term obligations.
Looking at the Quick ratio, with a value of 3.53, ESEA is in the better half of the industry, outperforming 77.14% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 3.59 | ||
| Quick Ratio | 3.53 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an nice 8.46% over the past year.
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.
ESEA shows a very negative growth in Revenue. In the last year, the Revenue has decreased by -12.36%.
ESEA shows a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 39.71% yearly.
EPS 1Y (TTM)8.46%
EPS 3Y33.33%
EPS 5YN/A
EPS Q2Q%7.91%
Revenue 1Y (TTM)-12.36%
Revenue growth 3Y31.37%
Revenue growth 5Y39.71%
Sales Q2Q%5.1%
3.2 Future
Based on estimates for the next years, ESEA will show a decrease in Earnings Per Share. The EPS will decrease by -4.82% on average per year.
Based on estimates for the next years, ESEA will show a small growth in Revenue. The Revenue will grow by 3.05% on average per year.
EPS Next Y19.64%
EPS Next 2Y9.59%
EPS Next 3Y-4.82%
EPS Next 5YN/A
Revenue Next Year8.8%
Revenue Next 2Y4.04%
Revenue Next 3Y3.05%
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 3.64, which indicates a rather cheap valuation of ESEA.
82.86% 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 26.84.
The Price/Forward Earnings ratio is 3.34, which indicates a rather cheap valuation of ESEA.
Based on the Price/Forward Earnings ratio, ESEA is valued cheaply inside the industry as 94.29% of the companies are valued more expensively.
ESEA's Price/Forward Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 23.40.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 3.64 | ||
| Fwd PE | 3.34 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, ESEA is valued a bit cheaper than the industry average as 74.29% of the companies are valued more expensively.
Based on the Price/Free Cash Flow ratio, ESEA is valued a bit cheaper than the industry average as 68.57% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 9.84 | ||
| EV/EBITDA | 3.31 |
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.
ESEA has an outstanding profitability rating, which may justify a higher PE ratio.
ESEA's earnings are expected to decrease with -4.82% in the coming years. This may justify a cheaper valuation.
PEG (NY)0.19
PEG (5Y)N/A
EPS Next 2Y9.59%
EPS Next 3Y-4.82%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 5.14%, ESEA is a good candidate for dividend investing.
Compared to an average industry Dividend Yield of 5.65, 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 2.00.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.14% |
5.2 History
On average, the dividend of ESEA grows each year by 53.86%, which is quite nice.
ESEA has paid a dividend for at least 10 years, which is a reliable track record.
ESEA has decreased its dividend in the last 3 years.
Dividend Growth(5Y)53.86%
Div Incr Years2
Div Non Decr Years2
5.3 Sustainability
14.76% of the earnings are spent on dividend by ESEA. This is a low number and sustainable payout ratio.
DP14.76%
EPS Next 2Y9.59%
EPS Next 3Y-4.82%
56.455
+2.05 (+3.76%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupTransportation
GICS IndustryMarine Transportation
Earnings (Last)
Earnings (Next)
Inst Owners9.16%
Inst Owner Change-27.05%
Ins Owners1.84%
Ins Owner ChangeN/A
Market Cap395.75M
Revenue(TTM)223.79M
Net Income(TTM)120.86M
Analysts82.22
Price Target76.16 (34.9%)
Short Float %2.04%
Short Ratio1.57
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.14% |
Yearly Dividend2.4
Dividend Growth(5Y)53.86%
DP14.76%
Div Incr Years2
Div Non Decr Years2
Ex-Date
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)6.8%
Min EPS beat(2)-5.75%
Max EPS beat(2)19.35%
EPS beat(4)2
Avg EPS beat(4)6.16%
Min EPS beat(4)-5.75%
Max EPS beat(4)19.35%
EPS beat(8)4
Avg EPS beat(8)8.03%
EPS beat(12)8
Avg EPS beat(12)16.53%
EPS beat(16)11
Avg EPS beat(16)13.56%
Revenue beat(2)1
Avg Revenue beat(2)0.72%
Min Revenue beat(2)-3.81%
Max Revenue beat(2)5.25%
Revenue beat(4)3
Avg Revenue beat(4)1.57%
Min Revenue beat(4)-3.81%
Max Revenue beat(4)5.25%
Revenue beat(8)4
Avg Revenue beat(8)2.67%
Revenue beat(12)8
Avg Revenue beat(12)3.91%
Revenue beat(16)11
Avg Revenue beat(16)3.58%
PT rev (1m)1.36%
PT rev (3m)2.28%
EPS NQ rev (1m)0%
EPS NQ rev (3m)17.53%
EPS NY rev (1m)1.47%
EPS NY rev (3m)-0.57%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0.53%
Revenue NY rev (1m)-0.31%
Revenue NY rev (3m)0.4%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 3.64 | ||
| Fwd PE | 3.34 | ||
| P/S | 1.77 | ||
| P/FCF | 9.84 | ||
| P/OCF | 2.87 | ||
| P/B | 0.92 | ||
| P/tB | 0.92 | ||
| EV/EBITDA | 3.31 |
EPS(TTM)15.52
EY27.49%
EPS(NY)16.91
Fwd EY29.95%
FCF(TTM)5.74
FCFY10.16%
OCF(TTM)19.67
OCFY34.84%
SpS31.93
BVpS61.07
TBVpS61.07
PEG (NY)0.19
PEG (5Y)N/A
Graham Number146.03
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 17.91% | ||
| ROE | 28.23% | ||
| ROCE | 19.48% | ||
| ROIC | 15.39% | ||
| ROICexc | 18.3% | ||
| ROICexgc | 18.3% | ||
| OM | 54.86% | ||
| PM (TTM) | 54.01% | ||
| GM | 95.51% | ||
| FCFM | 17.97% |
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%
ROICexgc growth 3Y-4.99%
ROICexgc growth 5Y67.54%
ROICexc growth 3Y-4.99%
ROICexc growth 5Y67.54%
OM growth 3Y3.33%
OM growth 5Y62.43%
PM growth 3Y5.47%
PM growth 5YN/A
GM growth 3Y-0.2%
GM growth 5Y0.38%
F-Score7
Asset Turnover0.33
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.47 | ||
| Debt/FCF | 5.52 | ||
| Debt/EBITDA | 1.33 | ||
| Cap/Depr | 334.33% | ||
| Cap/Sales | 43.63% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 90.71% | ||
| Profit Quality | 33.28% | ||
| Current Ratio | 3.59 | ||
| Quick Ratio | 3.53 | ||
| Altman-Z | 2.42 |
F-Score7
WACC8.29%
ROIC/WACC1.86
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)8.46%
EPS 3Y33.33%
EPS 5YN/A
EPS Q2Q%7.91%
EPS Next Y19.64%
EPS Next 2Y9.59%
EPS Next 3Y-4.82%
EPS Next 5YN/A
Revenue 1Y (TTM)-12.36%
Revenue growth 3Y31.37%
Revenue growth 5Y39.71%
Sales Q2Q%5.1%
Revenue Next Year8.8%
Revenue Next 2Y4.04%
Revenue Next 3Y3.05%
Revenue Next 5YN/A
EBIT growth 1Y6.4%
EBIT growth 3Y35.75%
EBIT growth 5Y126.92%
EBIT Next Year34.55%
EBIT Next 3Y15.88%
EBIT Next 5YN/A
FCF growth 1Y660.95%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y25.62%
OCF growth 3Y34.56%
OCF growth 5Y109.18%
EUROSEAS LTD / ESEA FAQ
What is the ChartMill fundamental rating of EUROSEAS LTD (ESEA) stock?
ChartMill assigns a fundamental rating of 7 / 10 to ESEA.
Can you provide the valuation status for EUROSEAS LTD?
ChartMill assigns a valuation rating of 8 / 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 3.64 and the Price/Book (PB) ratio is 0.92.
How financially healthy is EUROSEAS LTD?
The financial health rating of EUROSEAS LTD (ESEA) is 6 / 10.