62.47 USD
+0.73 (+1.18%)
62.47 USD
0 (0%)
We assign a fundamental rating of 7 out of 10 to ESEA. ESEA was compared to 35 industry peers in the Marine Transportation industry. While ESEA belongs to the best of the industry regarding profitability, there are some minor concerns on its financial health. ESEA scores decently on growth, while it is valued quite cheap. This could make an interesting combination. ESEA also has an excellent dividend rating. This makes ESEA very considerable for value and dividend investing!
1. Profitability
1.1 Basic Checks
In the past year ESEA was profitable.
ESEA had a positive operating cash flow in the past year.
ESEA had positive earnings in each of the past 5 years.
In the past 5 years ESEA always reported a positive cash flow from operatings.
1.2 Ratios
Looking at the Return On Assets, with a value of 18.00%, ESEA belongs to the top of the industry, outperforming 94.29% of the companies in the same industry.
ESEA has a better Return On Equity (29.57%) than 100.00% of its industry peers.
ESEA's Return On Invested Capital of 15.65% is amongst the best of the industry. ESEA outperforms 94.29% of its industry peers.
ESEA had an Average Return On Invested Capital over the past 3 years of 24.56%. This is significantly above the industry average of 18.08%.
The 3 year average ROIC (24.56%) for ESEA is well above the current ROIC(15.65%). The reason for the recent decline needs to be investigated.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 18% | ||
| ROE | 29.57% | ||
| ROIC | 15.65% |
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
The Profit Margin of ESEA (53.91%) is better than 94.29% of its industry peers.
ESEA's Profit Margin has improved in the last couple of years.
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 (96.17%) than 97.14% of its industry peers.
In the last couple of years the Gross Margin of ESEA has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 54.86% | ||
| PM (TTM) | 53.91% | ||
| GM | 96.17% |
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.
ESEA has more shares outstanding than it did 1 year ago.
ESEA has more shares outstanding than it did 5 years ago.
ESEA has a worse debt/assets ratio than last year.
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.
ESEA has a Altman-Z score of 2.45. This is in the better half of the industry: ESEA outperforms 74.29% of its industry peers.
The Debt to FCF ratio of ESEA is 8.53, which is on the high side as it means it would take ESEA, 8.53 years of fcf income to pay off all of its debts.
The Debt to FCF ratio of ESEA (8.53) is comparable to the rest of the industry.
A Debt/Equity ratio of 0.51 indicates that ESEA is somewhat dependend on debt financing.
Looking at the Debt to Equity ratio, with a value of 0.51, ESEA is in line with its industry, outperforming 48.57% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.51 | ||
| Debt/FCF | 8.53 | ||
| Altman-Z | 2.45 |
ROIC/WACC1.88
WACC8.32%
2.3 Liquidity
ESEA has a Current Ratio of 3.21. This indicates that ESEA is financially healthy and has no problem in meeting its short term obligations.
Looking at the Current ratio, with a value of 3.21, ESEA is in the better half of the industry, outperforming 80.00% of the companies in the same industry.
A Quick Ratio of 3.15 indicates that ESEA has no problem at all paying its short term obligations.
Looking at the Quick ratio, with a value of 3.15, ESEA is in the better half of the industry, outperforming 80.00% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 3.21 | ||
| Quick Ratio | 3.15 |
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.
The Revenue has been growing by 39.71% on average over the past years. This is a very strong growth!
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%5.1%
3.2 Future
ESEA is expected to show a small growth in Earnings Per Share. In the coming years, the EPS will grow by 0.45% yearly.
Based on estimates for the next years, ESEA will show a small growth in Revenue. The Revenue will grow by 1.78% on average per year.
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
The EPS growth rate is decreasing: in the next years the growth will be less than in the last years.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
4. Valuation
4.1 Price/Earnings Ratio
Based on the Price/Earnings ratio of 4.03, the valuation of ESEA can be described as very cheap.
Based on the Price/Earnings ratio, ESEA is valued cheaper than 82.86% of the companies in the same industry.
ESEA is valuated cheaply when we compare the Price/Earnings ratio to 26.41, which is the current average of the S&P500 Index.
With a Price/Forward Earnings ratio of 3.83, the valuation of ESEA can be described as very cheap.
Based on the Price/Forward Earnings ratio, ESEA is valued cheaper than 91.43% of the companies in the same industry.
ESEA is valuated cheaply when we compare the Price/Forward Earnings ratio to 35.40, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 4.03 | ||
| Fwd PE | 3.83 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of ESEA indicates a somewhat cheap valuation: ESEA is cheaper than 71.43% of the companies listed in the same industry.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of ESEA is on the same level as its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 16.43 | ||
| EV/EBITDA | 3.89 |
4.3 Compensation for Growth
ESEA's 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)0.22
PEG (5Y)N/A
EPS Next 2Y7.69%
EPS Next 3Y0.45%
5. Dividend
5.1 Amount
ESEA has a Yearly Dividend Yield of 4.68%, which is a nice return.
Compared to an average industry Dividend Yield of 7.55, ESEA pays a bit more dividend than its industry peers.
Compared to an average S&P500 Dividend Yield of 2.32, ESEA pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.68% |
5.2 History
On average, the dividend of ESEA grows each year by 53.86%, 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)53.86%
Div Incr Years2
Div Non Decr Years2
5.3 Sustainability
ESEA pays out 10.95% 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.
DP10.95%
EPS Next 2Y7.69%
EPS Next 3Y0.45%
62.47
+0.73 (+1.18%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupTransportation
GICS IndustryMarine Transportation
Earnings (Last)
Earnings (Next)
Inst Owners7.04%
Inst Owner Change-27.05%
Ins Owners1.84%
Ins Owner ChangeN/A
Market Cap437.91M
Revenue(TTM)212.90M
Net Income(TTM)119.17M
Analysts82.22
Price Target75.14 (20.28%)
Short Float %1.78%
Short Ratio1.29
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.68% |
Yearly Dividend2.4
Dividend Growth(5Y)53.86%
DP10.95%
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)7.28%
EPS NQ rev (1m)0%
EPS NQ rev (3m)0%
EPS NY rev (1m)0%
EPS NY rev (3m)-2.02%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0.69%
Revenue NY rev (1m)0%
Revenue NY rev (3m)0.71%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 4.03 | ||
| Fwd PE | 3.83 | ||
| P/S | 1.98 | ||
| P/FCF | 16.43 | ||
| P/OCF | 3.18 | ||
| P/B | 1.09 | ||
| P/tB | 1.09 | ||
| EV/EBITDA | 3.89 |
EPS(TTM)15.52
EY24.84%
EPS(NY)16.33
Fwd EY26.14%
FCF(TTM)3.8
FCFY6.09%
OCF(TTM)19.63
OCFY31.43%
SpS31.53
BVpS57.49
TBVpS57.49
PEG (NY)0.22
PEG (5Y)N/A
Graham Number141.68
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 18% | ||
| ROE | 29.57% | ||
| ROCE | 19.81% | ||
| ROIC | 15.65% | ||
| ROICexc | 17.79% | ||
| ROICexgc | 17.79% | ||
| OM | 54.86% | ||
| PM (TTM) | 53.91% | ||
| GM | 96.17% | ||
| FCFM | 12.06% |
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-Score6
Asset Turnover0.33
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.51 | ||
| Debt/FCF | 8.53 | ||
| Debt/EBITDA | 1.37 | ||
| Cap/Depr | 374.01% | ||
| Cap/Sales | 50.21% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 91.18% | ||
| Profit Quality | 22.36% | ||
| Current Ratio | 3.21 | ||
| Quick Ratio | 3.15 | ||
| Altman-Z | 2.45 |
F-Score6
WACC8.32%
ROIC/WACC1.88
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 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%5.1%
Revenue Next Year9.13%
Revenue Next 2Y4.47%
Revenue Next 3Y1.78%
Revenue Next 5YN/A
EBIT growth 1Y5.01%
EBIT growth 3Y35.75%
EBIT growth 5Y126.92%
EBIT Next Year33.98%
EBIT Next 3Y12.39%
EBIT Next 5YN/A
FCF growth 1Y229.04%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y25.23%
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 4.03 and the Price/Book (PB) ratio is 1.09.
How financially healthy is EUROSEAS LTD?
The financial health rating of EUROSEAS LTD (ESEA) is 5 / 10.