Stocktoria

EUROSEAS LTD. ESEA

Nasdaq · stock · Deep Sea Foreign Transportation of Freight · website · IPO 2006-03-28 · LEI

EUROSEAS LTD. statistics & valuation

Market cap$468.1M
P / E3.4×
P / S2.1×
P / B1.0×
Dividend yield4.05%
Net margin60.1%
Return on equity29.6%
Net debt$21.2M
Net debt / EBITDA0.1×
Enterprise value USD$489.3M
EV / EBITDA2.7×
Earnings yield EBIT/EV30.6%
Return on capital22.6%
Graham number +129.2%$170.71

Market cap as of 2026-06-29. Multiples are price-derived and refreshed daily; everything else from the latest financial reports. The Graham number is Benjamin Graham's rough maximum fair value ($170.71); a green figure means the price is below it.

Profitability & efficiency

Net margin (%)
-119.90% -29.20% -1.90% -4.20% 7.60% 45.80% 58.20% 60.50% 53.00% 60.10% 2016201720182019202020212022202320242025
Gross margin (%)
2016201720182019202020212022202320242025
Operating margin (%)
-44.60% -22.80% 6.80% 4.90% 17.40% 48.70% 58.40% 63.10% 56.40% 65.60% 2016201720182019202020212022202320242025
Return on equity (%)
-63.00% -14.90% -17.40% -8.20% 14.80% 55.90% 63.20% 43.00% 31.10% 29.60% 2016201720182019202020212022202320242025
Shares outstanding
10.9M 11.3M 12.5M 5.6M 6.7M 7.3M 7.2M 7.0M 7.0M 7.1M 2016201720182019202020212022202320242025
Net debt ($)
$49.7M $71.6M $30.5M $89.2M $42.7M $62.5M $26.0M $40.5M $94.7M $21.2M 2016201720182019202020212022202320242025
Share buybacks ($)
2016201720182019202020212022202320242025
Return on assets (%)
-23.70% -4.30% -1.00% -1.30% 3.70% 19.40% 32.30% 27.00% 19.10% 19.60% 2016201720182019202020212022202320242025
Free cash flow margin (%)
-28.80% -93.00% -4.30% -131.10% 3.30% 2016201720182019202020212022202320242025
Debt / equity (×)
0.97× 1.59× 9.81× 4.41× 1.69× 1.16× 0.31× 0.37× 0.46× 0.43× 2016201720182019202020212022202320242025
EPS ($)
-$1.21 $0.58 $6.06 $14.78 $16.52 $16.20 $19.72 2016201720182019202020212022202320242025

Margins and returns computed from annual filings. Falling shares outstanding = buybacks; rising = dilution. Net debt = debt − cash (negative = net cash).

P / E vs its own history

EUROSEAS LTD. trades at about 3.8× earnings — above its 10-year norm (10-year range 1.1×–10.7×, median 2.9×).

1.1× 10.7×

Shaded band = 10-year range (1.1×–10.7×); dot = today's 3.8×.

Historical P/E = month-end price near each fiscal year-end ÷ that year's EPS. A read on whether the stock is cheap or dear relative to how it has typically been valued — not a forecast.

Key ratios (by fiscal year)

RatioFY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Operating margin65.6%56.4%63.1%58.4%48.7%17.4%4.9%6.8%-22.8%-44.6%
Net margin60.1%53.0%60.5%58.2%45.8%7.6%-4.2%-1.9%-29.2%-119.9%
FCF margin—————3.3%-131.1%-4.3%-93.0%-28.8%
Return on assets19.6%19.1%27.0%32.3%19.4%3.7%-1.3%-1.0%-4.3%-23.7%
Return on equity29.6%31.1%43.0%63.2%55.9%14.8%-8.2%-17.4%-14.9%-63.0%
Debt / equity0.43×0.46×0.37×0.31×1.16×1.69×4.41×9.81×1.59×0.97×
Current ratio4.891.481.290.640.890.340.251.030.870.93

Computed from company filings · US · as of 2025-12-31. Facts plus Stocktoria's own computed scores — not investment advice.