Euroseas Ltd. (ESEA) Key Metrics
ESEA valuation today
Trailing 12 months · as of October 18, 2026- Market cap
- $466.9M
- Enterprise value
- $515.7M
- P/E (TTM)
- 3.4 10-yr median 2.5
- Forward P/E
- 4.7
- PEG ratio
- 6.02
- Price / sales
- 2.1 10-yr median 0.9
- Price / book
- 1.0 10-yr median 0.8
- EV / EBITDA
- 3.0 10-yr median 3.8
- Dividend yield
- 4.84% $3.20 a year
- Beta
- 0.77
ESEA key metrics, 2016–2025
Fiscal year ended December 31, 2025 · U.S. dollarsESEA valuation Price multiples at each fiscal year-end price.
ESEA returns How much profit the business earns on the capital it uses.
ESEA per-share figures Results divided by the shares outstanding at year-end.
ESEA financial health Debt, liquidity and how easily interest is covered.
ESEA efficiency & capital use Working capital cycle and where the cash goes.
ESEA valuation history
ESEA returns on capital
Net income (ROE, ROA) or after-tax operating income (ROIC) divided by the average of the opening and closing balance.
ESEA debt vs cash
Debt includes short- and long-term borrowings and, where reported, lease liabilities.
ESEA cash returned to shareholders
ESEA price vs earnings per share
ESEA key metrics
2016–2025| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Valuation | ||||||||||
| Market capitalization | $379.3M | $252.0M | $216.1M | $132.7M | $174.2M | $31.2M | $11.6M | $7.9M | — | — |
| Enterprise value | $419.1M | $383.7M | $287.4M | $214.0M | $265.5M | $97.0M | $100.1M | $37.5M | — | — |
| P/E ratio | 2.8 | 2.2 | 1.9 | 1.2 | 4.1 | 7.7 | — | — | — | — |
| Price / sales | 1.7 | 1.2 | 1.1 | 0.7 | 1.9 | 0.6 | 0.3 | 0.2 | — | — |
| Price / book | 0.8 | 0.7 | 0.8 | 0.8 | 2.3 | 0.9 | 0.4 | 0.4 | — | — |
| Price / free cash flow | 5.9 | — | 12.2 | 5.7 | — | 17.7 | — | — | — | — |
| Price / operating cash flow | 2.7 | 2.0 | 1.7 | 1.2 | 3.3 | 12.9 | 3.7 | — | — | — |
| EV / sales | 1.8 | 1.8 | 1.5 | 1.2 | 2.8 | 1.8 | 2.5 | 1.1 | — | — |
| EV / EBITDA | 2.3 | 2.6 | 2.0 | 1.6 | 5.0 | 6.6 | 16.9 | 6.6 | — | — |
| EV / free cash flow | 6.5 | — | 16.2 | 9.1 | — | 55.1 | — | — | — | — |
| Earnings yield | 36.1% | 44.8% | 53.0% | 80.1% | 24.7% | 12.9% | −14.5% | −1.4% | — | — |
| Free cash flow yield | 16.9% | −20.1% | 8.2% | 17.6% | −12.3% | 5.6% | −451.8% | −18.6% | — | — |
| Dividend yield | 5.0% | 6.7% | 6.5% | 8.1% | 0.2% | 1.0% | 8.9% | 13.0% | — | — |
| Shareholder yield (dividends + buybacks) | 5.6% | 7.1% | 7.9% | 11.9% | 1.4% | 7.4% | 109.3% | 13.0% | — | — |
| Share price at fiscal year-end | $54.60 | $36.20 | $31.15 | $18.45 | $24.91 | $5.43 | $4.07 | $5.60 | $12.23 | $12.14 |
| Per share | ||||||||||
| Revenue per share | $32.80 | $30.58 | $27.30 | $25.41 | $13.43 | $9.26 | $13.98 | $24.33 | — | — |
| Earnings per share | $19.72 | $16.20 | $16.52 | $14.78 | $6.14 | $0.70 | −$0.59 | −$0.08 | — | — |
| Operating cash flow per share | $20.32 | $18.41 | $18.74 | $15.87 | $7.53 | $0.42 | $1.10 | −$1.04 | — | — |
| Free cash flow per share | $9.22 | −$7.29 | $2.55 | $3.25 | −$3.07 | $0.31 | −$18.37 | −$1.04 | — | — |
| Cash per share | $25.48 | $10.59 | $8.45 | $3.59 | $3.82 | $0.62 | $0.34 | $4.92 | — | — |
| Book value per share | $66.71 | $52.14 | $38.43 | $23.39 | $10.99 | $6.14 | $9.82 | $15.96 | — | — |
| Tangible book value per share | $66.71 | $52.14 | $38.43 | $23.39 | $10.99 | $6.14 | $9.82 | $15.96 | — | — |
| Dividends per share | $2.73 | $2.42 | $2.02 | $1.50 | $0.06 | $0.06 | $0.36 | $0.73 | — | — |
| Capex per share | $11.09 | $25.70 | $16.19 | $12.61 | $10.60 | $0.12 | $19.47 | $0.00 | — | — |
| Debt per share | $31.21 | $29.51 | $18.74 | $14.91 | $16.88 | $12.06 | $31.27 | $25.86 | — | — |
| Shares outstanding | 6.9M | 7.0M | 6.9M | 7.2M | 7.0M | 5.8M | 2.9M | 1.4M | — | — |
| Change in shares outstanding | −0.2% | +0.4% | −3.5% | +2.8% | +21.5% | +101.1% | +102.3% | — | — | — |
| Returns & profitability | ||||||||||
| Return on equity (ROE) | 33.1% | 35.8% | 52.7% | 86.7% | 76.6% | 12.7% | −6.6% | −0.2% | −7.2% | −41.1% |
| Return on invested capital (ROIC) | 20.6% | 22.8% | 40.7% | 50.9% | 31.8% | 4.3% | 1.8% | 1.8% | −3.0% | −6.8% |
| Return on assets (ROA) | 21.2% | 22.2% | 30.4% | 38.6% | 25.9% | 3.4% | −1.7% | −0.1% | −4.0% | −27.9% |
| Return on tangible assets | 19.6% | 19.1% | 27.0% | 32.3% | 19.4% | 3.7% | −1.3% | −0.2% | −3.8% | −30.8% |
| Free cash flow margin | 28.1% | −23.8% | 9.4% | 12.8% | −22.9% | 3.3% | −131.4% | −4.3% | −118.5% | −137.1% |
| Income quality (OCF / net income) | 1.03 | 1.14 | 1.13 | 1.07 | 1.22 | 0.60 | — | — | — | — |
| Financial health | ||||||||||
| Total debt | $216.8M | $205.4M | $130.0M | $107.2M | $118.0M | $69.4M | $89.5M | $36.6M | $72.3M | $51.9M |
| Cash & short-term investments | $177.0M | $73.7M | $58.6M | $25.8M | $26.7M | $3.6M | $985,418 | $7.0M | $4.1M | $3.2M |
| Net debt | $39.8M | $131.7M | $71.4M | $81.4M | $91.3M | $65.8M | $88.5M | $29.6M | $68.2M | $48.7M |
| Debt / equity | 0.47 | 0.57 | 0.49 | 0.64 | 1.54 | 1.96 | 3.18 | 1.62 | 0.88 | 0.59 |
| Debt / assets | 0.31 | 0.35 | 0.31 | 0.33 | 0.53 | 0.63 | 0.71 | 0.55 | 0.45 | 0.36 |
| Net debt / EBITDA | 0.22 | 0.88 | 0.50 | 0.63 | 1.73 | 4.45 | 14.95 | 5.20 | — | — |
| Current ratio | 4.89 | 1.48 | 1.29 | 0.64 | 0.89 | 0.34 | 0.25 | 1.03 | 0.87 | 0.93 |
| Quick ratio | 4.82 | 1.43 | 1.24 | 0.60 | 0.82 | 0.28 | 0.18 | 0.89 | 0.78 | 0.82 |
| Interest coverage | 8.7 | 11.3 | 18.6 | 21.0 | 16.5 | 2.3 | 0.6 | 0.8 | -3.5 | -5.0 |
| Working capital | $153.0M | $27.5M | $14.8M | −$26.8M | −$4.3M | −$19.0M | −$18.6M | $401,633 | −$2.5M | −$730,550 |
| Invested capital | $503.2M | $494.6M | $338.0M | $249.5M | $168.2M | $101.2M | $116.6M | $52.2M | $150.5M | $136.6M |
| Tangible asset value | $463.4M | $362.9M | $266.6M | $168.2M | $76.9M | $35.4M | $28.1M | $22.6M | $82.3M | $87.9M |
| Net current asset value | −$44.7M | −$143.6M | −$92.1M | −$113.6M | −$111.7M | −$65.5M | −$92.5M | −$32.4M | −$63.9M | −$45.3M |
| Graham number | $172.03 | $137.86 | $119.50 | $88.18 | $38.98 | $9.85 | — | — | — | — |
| Graham net-net per share | −$7.19 | −$21.40 | −$13.69 | −$17.92 | −$16.37 | −$11.81 | −$33.23 | −$24.26 | — | — |
| Capital allocation | ||||||||||
| Dividends paid | $19.0M | $16.8M | $14.0M | $10.8M | $424,000 | $320,877 | $1.0M | $1.0M | $1.0M | $0 |
| Share buybacks (net) | $2.1M | $1.1M | $3.1M | $5.0M | $2.0M | $2.0M | $11.7M | $0 | $0 | $0 |
| Dividend payout ratio | 13.8% | 14.9% | 12.2% | 10.2% | 1.0% | 7.9% | — | — | — | — |
| Dividends + buybacks / free cash flow | 32.9% | — | 96.7% | 67.7% | — | 131.7% | — | — | — | — |
| Capex / revenue | 33.8% | 84.0% | 59.3% | 49.6% | 78.9% | 1.3% | 139.2% | 0.0% | 115.0% | 133.0% |
| Capex / operating cash flow | 54.6% | 139.6% | 86.4% | 79.5% | 140.8% | 27.5% | 1,774.3% | — | — | — |
| Capex / depreciation | 2.69 | 6.79 | 4.92 | 4.90 | 10.29 | 0.10 | 13.33 | 0.00 | 7.62 | 5.51 |
| Stock-based compensation / revenue | 0.9% | 0.7% | 0.6% | 0.5% | 0.2% | 0.2% | 0.2% | 0.4% | 1.2% | 1.4% |
| SG&A / revenue | 3.0% | 2.8% | 2.5% | 2.5% | 8.3% | 15.6% | 15.3% | 17.7% | 21.6% | 24.7% |
| Efficiency | ||||||||||
| Days sales outstanding | 13.5 | 8.3 | 10.1 | 9.1 | 13.4 | 21.1 | 24.1 | 25.7 | 31.9 | 43.9 |
| Days of inventory on hand | 13.2 | 12.2 | 12.7 | 12.3 | 17.2 | 15.9 | 20.5 | 22.4 | 25.8 | 22.6 |
| Days payables outstanding | 21.2 | 24.5 | 28.6 | 21.3 | 24.8 | 30.3 | 35.4 | 25.5 | 41.3 | 37.5 |
| Cash conversion cycle (days) | 5.5 | -4.0 | -5.9 | 0.1 | 5.8 | 6.7 | 9.2 | 22.6 | 16.4 | 29.0 |
| Receivables turnover | 27.04 | 44.17 | 36.29 | 40.07 | 27.30 | 17.29 | 15.17 | 14.22 | 11.44 | 8.31 |
| Payables turnover | 17.24 | 14.90 | 12.74 | 17.12 | 14.73 | 12.05 | 10.32 | 14.34 | 8.83 | 9.72 |
| Inventory turnover | 27.67 | 29.87 | 28.69 | 29.77 | 21.17 | 22.92 | 17.77 | 16.32 | 14.13 | 16.13 |
| Asset turnover | 0.35 | 0.42 | 0.50 | 0.66 | 0.57 | 0.45 | 0.41 | 0.30 | 0.16 | 0.13 |
| Average receivables | $8.4M | $4.8M | $5.2M | $4.6M | $3.4M | $3.1M | $2.6M | $2.4M | $2.1M | $2.5M |
| Average payables | $4.8M | $5.7M | $5.5M | $4.0M | $2.8M | $3.4M | $3.1M | $1.9M | $2.3M | $2.3M |
| Average inventory | $3.0M | $2.9M | $2.4M | $2.3M | $2.0M | $1.8M | $1.8M | $1.7M | $1.5M | $1.4M |
| Intangibles / total assets | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
Computed from ESEA's annual financial statements (latest annual report filed April 29, 2026) and the closing share price on each fiscal year-end, adjusted for stock splits. Figures in U.S. dollars; data from EODHD. Averages use the opening and closing balance of each year.
ESEA valuation and financial ratios
At the end of fiscal 2025 (December 31, 2025), Euroseas traded at 2.8 times earnings, against a 10-year median of 2.5. Based on the latest twelve months, the trailing P/E is 3.4 and the forward P/E is 4.7. Euroseas earned a return on equity of 33.1% and a return on invested capital of 20.6% in fiscal 2025. It ended the year with $216.8 million of debt and $177.0 million in cash and short-term investments, net debt of $39.8 million. It returned $21.1 million to shareholders: $19.0 million in dividends and $2.1 million in share buybacks, 33% of free cash flow.
See the ESEA income statement, the ESEA chart for price history, or the ESEA stock overview for the latest quote and news.
ESEA key metrics FAQ
What is Euroseas's P/E ratio?
Euroseas's trailing P/E ratio is 3.4 based on the last twelve months of earnings (as of October 18, 2026), and its forward P/E is 4.7. At the end of fiscal 2025 it was 2.8, compared with a 10-year median of 2.5.
What is Euroseas's EV/EBITDA?
Euroseas's enterprise value was 2.3 times EBITDA at the end of fiscal 2025 (enterprise value $419.1 million, EBITDA $180.6 million); the current EV/EBITDA is 3.0.
What is Euroseas's return on equity?
Euroseas's return on equity (ROE) was 33.1% in fiscal 2025: net income of $137.0 million on average shareholders' equity of $413.2 million.
What is Euroseas's ROIC?
Euroseas's return on invested capital was 20.6% in fiscal 2025, using after-tax operating income divided by average debt plus equity minus cash.
How much debt does Euroseas have?
Euroseas had total debt of $216.8 million at the end of fiscal 2025, a debt-to-equity ratio of 0.47 and $39.8 million of net debt (0.22 times EBITDA).
What is Euroseas's dividend yield?
Euroseas's forward dividend yield is 4.84%. Euroseas paid $19.0 million in dividends in fiscal 2025 ($2.73 per share), a payout ratio of 13.8%.
Does Euroseas buy back its shares?
Yes. Euroseas spent $2.1 million on net share repurchases in fiscal 2025 Shares outstanding changed −0.2% over the year, to 6.9M..
What is Euroseas's free cash flow yield?
Euroseas generated $64.1 million of free cash flow in fiscal 2025, a free cash flow yield of 16.9% on its market value at year-end ($379.3 million).
What is Euroseas's current ratio?
Euroseas's current ratio was 4.89 at the end of fiscal 2025: current assets were 4.89 times current liabilities.