Euroseas Ltd. (ESEA) stock analysis
Close on Nov 11, 2026Market cap $467.10MP/E 3.4Yield 4.08%
StockData Score
Prices as of Nov 11, 2026How the score works
Mixed13 of 30 checks passed
Euroseas passes 13 of the 30 checks behind our score; 14 could not be run for lack of data and count as not passed. Each dot in the shape is one check — hover it for the numbers.
- Valuation
- 0/6
- Growth
- 2/6
- Past performance
- 6/6
- Financial health
- 5/6
- Dividend
- 0/6
What stands out
Return on equity over 15%
Return on equity was 29.7% over the last twelve months and averaged 58.2% over five years.
Return on capital over 10%
Return on invested capital was 21.9%, above the 10% that usually covers the cost of capital.
Low debt
Debt is 39.8% of shareholders' equity, under the 40% we consider low.
Earnings grew over 5 years
Net income grew 102% a year on average over the last five fiscal years.
What to watch
Revenue growing under 10% a year
Revenue grew 7.6% a year over the last three fiscal years, short of the 10% we look for.
Earnings growth not accelerating
Net income grew 21.5% over the last twelve months, against a 5-year average of 102% a year.
No dividend
Euroseas has not paid a dividend in the last twelve months.
Valuation0/6
P/E against its history
Not enough price and earnings history to compare.
P/E against the industry
Needs positive earnings and enough profitable companies in the industry.
EV/EBITDA against its history
Needs positive EBITDA and price history.
P/B against the industry
Needs positive book value.
Price against fair value
We could not estimate a fair value: it needs at least two valuation methods with positive inputs.
Margin of safety
Depends on the fair value estimate.
Growth2/6
Revenue growing under 10% a year
Revenue grew 7.6% a year over the last three fiscal years, short of the 10% we look for.
EPS growing 10%+ a year
Diluted EPS grew 10.1% a year over the last three fiscal years.
Earnings growth not accelerating
Net income grew 21.5% over the last twelve months, against a 5-year average of 102% a year.
Growing faster than the industry
Revenue grew 7.0% over the last twelve months; the Water Transportation median is 1.2%.
Company guidance
No outlook found in earnings releases from the last twelve months.
Gross margin trend
This company does not report gross profit.
Past performance6/6
Return on equity over 15%
Return on equity was 29.7% over the last twelve months and averaged 58.2% over five years.
Return on capital over 10%
Return on invested capital was 21.9%, above the 10% that usually covers the cost of capital.
Return on equity above the industry
Euroseas's return on equity of 29.7% is above the Water Transportation median of 9.4%.
Earnings grew over 5 years
Net income grew 102% a year on average over the last five fiscal years.
Net margin above its 5-year average
Net margin was 60.1% over the last twelve months, against a 5-year average of 55.5%.
Net margin above the industry
Euroseas's net margin of 60.1% is above the Water Transportation median of 20.1%.
Financial health5/6
Low debt
Debt is 39.8% of shareholders' equity, under the 40% we consider low.
Debt falling against equity
Debt to equity fell from 245% five years ago to 39.8%.
Debt covered by cash flow
Operating cash flow over the last twelve months equals 68.3% of total debt.
Interest well covered
Operating income covers interest expense 10.3 times.
Short-term assets cover short-term debts
Current assets are 5.46 times current liabilities.
Bankruptcy risk (Altman Z)
Needs market value, working capital and retained earnings.
Dividend0/6
No dividend
Euroseas has not paid a dividend in the last twelve months.
Yield against Treasuries
No dividend.
Yield against the market
No dividend.
Dividend stability
No dividend.
Earnings cover
No dividend.
Cash-flow cover
No dividend.
Fair value
How we estimate itWe don't publish a fair value for Euroseas. It needs a US-dollar share price, at least two valuation methods with positive inputs (earnings, EBITDA, book value or sales) and, for companies with several share classes, classes that trade at the same price.
An estimate from reported numbers and market multiples, not a price target or investment advice. It can be far off for companies whose profits are about to change sharply.
Market risk
From the past year of daily prices.
Liquidity
Medium risk
- Average value traded per day
- $2.10M
- Value traded per 1% price move
- $1.63M
Downside
Low risk
- Typical loss in a bad month
- 12.2%
- Volatility (annualized)
- 41%
- Sharpe ratio, 1 year
- 0.20
- Beta to the S&P 500 (5Y)
- 0.93
Typical bad-month loss, week by week
Margins
Share of revenue, fiscal years 2011 to 2025
Operating margin
Net margin
Growth rates
Compound annual growth to fiscal 2025
| Per year | 1 year | 3 years | 5 years | 10 years | Five-year pace |
|---|---|---|---|---|---|
| Revenue | +7.0% | +7.6% | +33.7% | +19.7% | |
| Operating income | +24.6% | +11.9% | +74.3% | – | |
| Net income | +21.5% | +8.8% | +102.3% | – | |
| EPS, diluted | +21.7% | +10.1% | +102.4% | – | |
| Dividend per share | +12.5% | +21.6% | – | – |
Returns and balance sheet
10 fiscal years. Hover a measure to see how it is calculated.
| Measure | FY2016 | FY2020 | FY2025 | Trend |
|---|---|---|---|---|
| Return on equity | -45.7% | 16.9% | 33.1% | |
| Return on assets | -21.6% | 3.4% | 21.2% | |
| Current ratio | 0.93 | 0.34 | 4.89 | |
| Debt to equity | 0.92 | 2.45 | 0.47 | |
| Interest coverage | -10.3× | 2.4× | 10.3× | |
| Capex to revenue | 15.0% | 1.2% | – | |
| Diluted shares | 1M | 6M | 7M |
Cash use needs five years of cash flow figures
Euroseas does not report operating cash flow and capital expenditure for each of the last five fiscal years.
DuPont analysis
Return on equity split into margin, efficiency and leverage
| Fiscal year | Net margin | Asset turnover | Equity multiplier | Return on equity |
|---|---|---|---|---|
| FY2025 | 60.1% | 0.35× | 1.56× | 33.1% |
| FY2024 | 53.0% | 0.42× | 1.61× | 35.8% |
| FY2023 | 60.5% | 0.50× | 1.73× | 52.7% |
| FY2022 | 58.2% | 0.66× | 2.24× | 86.7% |
| FY2021 | 45.8% | 0.57× | 3.19× | 82.5% |
| FY2020 | 7.6% | 0.45× | 4.97× | 16.9% |
| FY2019 | -4.2% | 0.41× | 7.98× | -13.9% |
| FY2018 | -1.9% | 0.30× | 4.54× | -2.6% |
| FY2017 | -29.2% | 0.16× | 3.04× | -13.8% |
| FY2016 | -165.9% | 0.13× | 2.12× | -45.7% |
Piotroski F-Score
Nine tests of profitability, balance sheet and efficiency, fiscal 2025 against fiscal 2024
- ProfitableNet income above zero$136.97M
- Cash generatingOperating cash flow above zero$141.13M
- Return on assets improvedROA up on the prior year26.6% → 23.2%
- Earnings backed by cashOperating cash flow above net income$141.13M vs $136.97M
- Less leverageLong-term debt to assets fell28.5% → 28.2%
- Better liquidityCurrent ratio rose1.48 → 4.89
- No dilutionShare count did not rise7M → 7M
- Gross margin improvedGross margin up on the prior year– → –
- More efficientAsset turnover rose0.50 → 0.39
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