Euroseas Ltd (ESEA) fair value: what the stock is really worth
As of Nov 6, 2026: fair value (intrinsic value) of Euroseas Ltd stock $66.57, price $63.40, upside +5.0%, quality 63 out of 100. Rating: fairly valued. Calculated from audited financials with 26 valuation models and 37 quality factors, updated daily.
69 individual criteria per stock, every one traceableSee the method →
Price vs Fair Value
White line = price, green steps = our fair value per fiscal year. As of Nov 8, 2026.
How to read this chart
60‑month range $14.18 – $78.54 · fair‑value band $35.80 – $83.54 · the $63.40 price screens below the $66.57 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). As of Nov 8, 2026.
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Euroseas Ltd. provides ocean-going transportation services in Greece and internationally. The company owns and operates containerships that transport dry and refrigerated containerized cargoes, including manufactured products and perishables.
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As of April 15, 2026, it had a fleet of 21 containerships, including 15 Feeder containerships and 6 Intermediate containerships with a cargo of 61,144 TEU. Euroseas Ltd. is based in Marousi, Greece.
Stock analysis
Euroseas Ltd (ESEA) currently trades at $63.40, while our model-based Fair Value estimate is $66.57, so the stock looks roughly fairly valued today (gap 4.8%).
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Valuation
Bull case: the Growth Earnings group reads highest at a median of $418.38 per share, and 21 of the 26 models we run sit above the $63.40 price.
Bear case: the Dividend Discount group reads lowest at $37.24, and 5 of the 26 models stay below the price. Data coverage for this calculation is low.
Scenario range: $35.80 (bear) to $83.54 (bull), the price of $63.40 sits inside it. Bear and bull are the same models on cautious and optimistic assumptions, a range, not a price target.
Quality & growth
The Quality Score stands at 63/100 (solid quality), in the Industrials sector.
Expensive Growth: The company is growing, but growth may require heavy reinvestment or weak cash conversion.
Euroseas Ltd reported revenue of $228M in FY2025 versus $93.9M in FY2021, a compound +24.8%/yr. Reported net income was $137M in FY2025, compounding +33.6%/yr from FY2021.
Key figures
Market cap $444M Small · P/E ratio 3.2 · P/S ratio 1.96 · EPS (TTM) $19.52 · Dividend yield 6.9% · Net margin 60.0% · Return on equity 29.2% · Return on assets (EBIT) 24.0% (5-year average).
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 80 out of 100 (medium confidence).
What moves the price
The share trades about 19% below its 52-week high and 25% above its 52-week low, currently below its 200-day average.
For context, the median of 10 Industrials peers we cover trades at 13% fair-value upside, at 5%, ESEA screens richer than that median.
Fair Value models
Bear$35.80Fair Value $66.57Bull$83.54
Price $63.40 · Upside +5.0%
Capped: our models arrive at a very high value here. We deliberately show a more cautious Fair Value.
Model ⓘEach model values the company its own way (discounted cash flow, earnings, assets, dividends). The fair value above starts from their evidence-weighted blend, not from a single model. In cyclical trough or peak years, after dilution or a stock split it is adjusted afterwards, so it can sit above or below the models. Based on fiscal year 2025 figures (about 10 months old). Earnings retained since then ($12.97 per share) are deliberately not added.Bear ⓘBear = the cautious scenario: the same model computed with conservative anchors (lower growth, margins and valuation multiples). Together with Bull it frames a plausible valuation range, not a price target.BaseBull ⓘBull = the optimistic scenario: the same model computed with favourable anchors (higher growth, margins and valuation multiples). Together with Bear it frames a plausible valuation range, not a price target. If a model's bull case is above four times its base value, the table shows that limit with a > sign (like the overall Bull above): beyond it no assumption holds.Coverage ⓘCoverage = how well-backed THIS model's estimate is for this stock (0–100): how complete and reliable its input data are, and how well the model fits the company. The final Fair Value is an evidence-weighted blend, so better-evidenced models count more. Green ≥70, amber 50–69, grey below 50.
Best data coverage
FCF DCF$124.77$223.69$404.6677
Growth DCF$121.27$209.78$346.3276
EPV$132.74$151.72$167.6374
All 26 models by family
DCF Models
FCF DCF$124.77$223.69$404.6677
Owner Earnings$156.44$287.41$505.7373
5Y Revenue Exit$68.01$108.75$162.3072
5Y EBITDA Exit$174.24$339.07$555.0173
5Y P/E Exit$226.68$452.77$725.0868
10Y Revenue Exit$86.17$131.92$200.2566
10Y EBITDA Exit$154.07$292.73$519.8265
10Y P/E Exit$186.95$372.10$658.2161
Earnings-Based
Graham-Dodd$132.01$723.59$1,00463
Lynch FV$201.26$287.51$373.7661
PEG = 1.0$201.26$287.51$373.7657
EPV$132.74$151.72$167.6374
Dividend Discount
Gordon GGM$21.34$39.08$54.5767
DDM Multi-Stage$21.34$35.39$41.6767
Multiples
P/E Multiple$305.76$407.68$509.6063
P/S Multiple$48.45$64.60$80.7458
P/B Multiple$39.90$53.21$66.5155
EV/EBIT$229.20$307.48$385.7566
EV/EBITDA$213.48$286.52$359.5667
EV/Revenue$35.06$52.50$69.9453
Asset-Based
NCAV (Graham)$32.84$44.01$65.6954
Growth DCF
Growth DCF$121.27$209.78$346.3276
Rev-Margin DCF$68.01$108.95$164.7672
Economic Profit
Residual Income$105.34$154.54$321.6170
ROIC Compounder$151.80$199.33$258.0372
Growth Earnings
Growth-Adj P/E$292.87$418.38$543.8967
The fair value above starts from this blend and is adjusted for a cyclical peak year.
In the last 6 months, one officer or director bought shares worth $165,111, on Oct 2, 2026. Over the same period, 3 people sold shares worth $525,630.
SalePanagiotis KyriakopoulosDirector1,400 shares at $66.60$93,240Oct 26, 2026
SaleAnastasios AslidisChief Financial Officer, Director5,000 shares at $71.47$357,340Oct 2, 2026
BuyAristeidis P PittasDirector3× since Jun 11, 2026: 2,300 shares, avg. $71.79$165,111Oct 2, 2026
SaleSymeon PariarosChief Administrative Officer950 shares at $79.00$75,050Sep 1, 2026
SaleStefania KarmiriCorporate Secretary250 shares at $72.00$18,000Apr 16, 2026
Sales are often planned (taxes, diversification, 10b5-1 plans). Purchases with their own money are seen as the stronger sign. For information only: not part of the quality score or Fair Value.
Growth Quality ⓘGrowth is valuable only when reinvestment earns attractive returns (Aswath Damodaran): sustainable growth depends on return on capital, reinvestment and efficiency. Basis: total company revenue over the periods shown on the cards (3Y/5Y/all years), not per share, so a merger can show up as a growth jump; per-share earnings growth is in the value-creation card.62/100
The company is growing, but growth may require heavy reinvestment or weak cash conversion.
Revenue growth 1 year
+7.0%
Revenue growth 3 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+7.6%
Revenue growth 5 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+33.7%
Start year 2020 (pandemic). Over 10 years: +19.7% a year
Revenue growth 23 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+12.6%
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What shareholders gained per year (last 5 years) ⓘWhat the business itself delivers per year: earnings growth per share plus the dividend yield. This is what you get IF the market keeps valuing the stock the same way: it contains no assumption about the market changing its mind. Computed per share, so buybacks count and a merger does not pass as growth. For a company that pays no dividend it is pure earnings growth per share. Period: earnings growth per share as CAGR over the last 5 reported fiscal years (annual statements), plus the current dividend yield. The start value is the median of the three years around the start, so a single crisis year (a pandemic or a write-down) does not distort the rate.
+48.8%
Earnings growth per share plus dividend.
Earnings per share, growth per year+41.9%
Dividend (yield on the price)6.9%
Profit margin 2020 to 2025 ⓘOperating margin then vs now, from reported annual statements. A falling margin after a boom year is the classic peak-earnings signal: the growth rate then leans on an inflated base.17% → 57%
⚠ Revenue per share shrinking 6.4%/yr over ~10Y (margin trend unclear) ⓘStructural-decline marker: revenue PER SHARE has fallen over the last decade (robust median trend, not a single year). Backtested across 2005 to 2017, such businesses trailed the market by about 2.5 percentage points per year. Display only: it does not change the fair value or the quality score.
Growth Forecast
Little optimism in the price
The price assumes less growth than the company has delivered so far and less than analysts expect.
What the price assumes ⓘThis turns our valuation around: instead of asking what the share is worth, it asks what growth the current price requires. It uses the cash the company keeps after all spending (free cash flow), the same discount rate as our models, five years of growth, then slowing evenly to 2 % a year by year ten. Compared with the analysts' sales forecasts extended to the same five years (at least three analysts, for context only, it does not enter the Fair Value): within 3 percentage points counts as "in line" (amber), below that little optimism (green), above that a lot of optimism (red).
−6.1%
The company could shrink this much every year for the next five years and today's price would still be justified.
What forecasts expect ⓘAnalysts publish sales forecasts for the next two fiscal years. For the years after that, growth slows evenly to 2 % a year by year ten (2 % is the long-run rate our models use). Projected years are marked as such.
+2.6%
Yearly sales growth analysts expect, extended to five years.
After inflation (USA: IMF forecast 2.4% a year to 2030, 3.1% from 2016 to 2025) that is about −8.3% a year for the price and +0.2% for the forecasts.
AI conclusion: Limited moats in commoditized shipping form the core weakness with cycle-driven margins, while charters on older vessels supply the main strength via higher earnings visibility.
Main risk: Capital and timing risks of the upcoming fleet renewal from 2027 could strain resources and operational capacity for the trimmed twenty-ship fleet.
Euroseas just locked in a 12-to-14-month charter at a strong daily rate for one older feeder containership and sold its sister vessel. The move raises contracted coverage to roughly 100 percent this year and 91 percent next year while trimming the fleet to twenty ships before newbuilds arrive from 2027 onward. Does the added earnings visibility from these older assets more than offset the capital and timing risks of the upcoming fleet renewal?
Price, fair value, quality and upside side by side.
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Peer GroupⓘHow this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.Marine Shipping · 220 stocks
Beats the industry median on 10/15 measures
Overall it ranks above its industry peers.
Valuation
Quality Score63 · Top 25%
Fair Value upside+5.0% · Below median
Profitability
Return on equity (12 months)29.2% · Top 25%
Return on assets19.6% · Top 25%
Net margin (12 months)60.0% · Top 25%
Operating margin (12 months)59.2% · Top 25%
Growth and dividend
Revenue growth (quarter YoY)−1.3% · Bottom 25%
Dividend yield (12 months)6.9% · Top 25%
Balance sheet
Debt / equity0.43× · Above median
Valuation Multiplesvs Marine Shipping median · lower = cheaper
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Cite: Fair Value Calculator (2026). "Euroseas Ltd Fair Value". https://www.fairvalue-calculator.com/stock/ESEA
Frequently asked questions
Is Euroseas Ltd (ESEA) overvalued or undervalued?
As of Nov 8, 2026, our model estimates a fair value of $66.57 versus a price of $63.40, about +5% upside (fairly valued).
What is the fair value of ESEA?
Our model-based fair value for Euroseas Ltd is $66.57 (as of Nov 8, 2026), built from audited fundamentals. The current price: $63.40.
What is the quality score of ESEA?
Euroseas Ltd has a Quality Score of 63/100. It measures business quality (profitability, growth, cash flow, balance-sheet strength, investment discipline, share issuance). Market factors such as price momentum and volatility do not enter the number; they are shown separately in the detail view.
What is the price target for Euroseas Ltd (ESEA)?
Our model-based price target is the fair value of $66.57 (as of Nov 8, 2026) from 26 valuation models. Cautious scenario $35.80, optimistic scenario $83.54. It is a calculation from audited fundamentals, not an analyst target.
What is the Euroseas Ltd stock forecast for 2026?
Our models put fair value at $66.57, about +5% upside versus a price of $63.40 (fairly valued). Cautious scenario $35.80, optimistic scenario $83.54. The calculation is refreshed regularly with new filings.
What is the revenue of Euroseas Ltd (ESEA)?
Euroseas Ltd reported trailing-twelve-month revenue of about $227M (latest available figure, as of Nov 8, 2026).
Does Euroseas Ltd pay a dividend?
Euroseas Ltd currently shows a dividend yield of 6.94% relative to its recent price (as of Nov 8, 2026).
How much is the dividend of Euroseas Ltd (ESEA) and when is the ex-dividend date?
Euroseas Ltd pays a dividend of $4.40 per share a year, a dividend yield of 6.9%. The last ex-dividend date was Sep 9, 2026. A dividend has been paid every year since 2022. The payout ratio is 26.4% of earnings (on adjusted earnings, reported 22.5%). Free cash flow covers the dividend 2.06 times. Our assessment: Well covered. A low payout and the dividend is fully funded by free cash flow, a comfortable, sustainable dividend.
What growth is priced into Euroseas Ltd (ESEA)?
For today's price to be fair in a discounted-cash-flow model, Euroseas Ltd would have to grow free cash flow by -6.1 % per year for five years (discount rate 10.7 %, then slowing evenly to 2 % perpetual growth by year ten). Over the last 5 years revenue grew +33.7 % per year. As of Nov 8, 2026.
What discount rate (WACC) does the fair value of ESEA use?
Our models discount Euroseas Ltd at 10.7 %: a base by market capitalisation (small), damped by beta 0.82, country premium for USA. The same rate applies in all 26 models.
What is a reverse DCF?
A reverse DCF turns the usual calculation around. Instead of deriving a value from assumptions, it takes today's price as given and asks: what free-cash-flow growth would a company have to deliver for exactly this price to be fair? The result is not a forecast but the expectation already priced in. For Euroseas Ltd that is -6.1 % per year for five years, then slowing evenly to 2 % by year ten, using the same discount rate (10.7 %) and the same formula as our fair value.
How much growth has Euroseas Ltd (ESEA) delivered so far?
Over the past 5 years revenue at Euroseas Ltd grew +33.7 % a year. The price currently implies free-cash-flow growth of -6.1 % per year. Comparing the two shows how much confidence is in the price: if it demands more than has been delivered, the business has to accelerate for the maths to work.
How fast is the sector of Euroseas Ltd (ESEA) growing?
The median revenue growth in the sector is +7.8 % a year. That is the yardstick for the growth priced into Euroseas Ltd (-6.1 % per year): it shows whether the expectation is within the usual range or beyond it.
What is the free cash flow yield of Euroseas Ltd (ESEA)?
The free-cash-flow yield on the price is 14.42 %: that much free cash flow Euroseas Ltd produces per unit of market value. When it exceeds the discount rate of our models (10.7 %), the business already earns more than its cost of capital demands, and the price needs little additional growth.
What is the intrinsic value of Euroseas Ltd (ESEA)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For Euroseas Ltd it is $66.57 per share (as of Nov 8, 2026), against a price of $63.40. It is the blended result of 26 valuation models in 8 families (DCF Models, Earnings-Based, Dividend Discount, Multiples, Asset-Based, Growth DCF, Economic Profit, Growth Earnings).
Is Euroseas Ltd stock overvalued or undervalued in 2026?
As of Nov 8, 2026, ESEA trades below its calculated fair value: price $63.40, fair value $66.57, a gap of about +5% (fairly valued). The calculation is refreshed with each new quarterly report, so the verdict can change during the year.
Is fair value the same as the market price of ESEA?
No. The price is what the market pays today ($63.40); the fair value is what the company's own numbers justify ($66.57). For Euroseas Ltd the two are $3.17 per share apart. That gap is exactly why we show both numbers side by side.
How much is Euroseas Ltd worth?
The market values Euroseas Ltd at about $444M (market capitalisation, as of Nov 8, 2026). Per share that is $63.40; our models calculate a fair value of $66.57 per share.
What do the bullish and bearish scenarios say about ESEA?
Our models span a range for Euroseas Ltd: cautious scenario $35.80, base $66.57, optimistic $83.54 per share (as of Nov 8, 2026, price $63.40). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the P/E ratio of ESEA?
Euroseas Ltd trades at a price-to-earnings ratio of 3.2 (as of Nov 8, 2026). A P/E on its own says little: it compares the price with ONE year of profit, while our fair value of $66.57 is built from several models across several years. Excluding one-off items of fiscal year 2025 it is 3.8 (reported for FY2025: 3.2). Median P/E at fiscal year-end, 6 fiscal years (2020 to 2025), reported earnings, FY2020, FY2023, FY2025 ex one-offs: 2.7. Other multiples: PEG 6.0, P/B 1.0, P/S 2.0, EV/EBITDA 2.9.
What is the PEG ratio of ESEA?
The PEG ratio of Euroseas Ltd is 6.02 (P/E divided by earnings growth, as of Nov 8, 2026). That is above 1, so the growth is already paid for in the price.
How solid is the balance sheet of Euroseas Ltd (ESEA)?
Balance-sheet figures for Euroseas Ltd (as of Nov 8, 2026): return on equity 29.2%, debt of 0.43 per unit of equity. They feed the Quality Score of 63/100, which measures business quality independently of the share price.
How far is ESEA from its 52-week high?
Euroseas Ltd trades at $63.40, about 19% below its 52-week high of $78.54 and 25% above the low of $50.74 (as of Nov 6, 2026). Distance from the high says nothing about value: that is what the fair value of $66.57 is for.
Which stocks are comparable to Euroseas Ltd?
From the same area (Industrials) we also value Adani Ports and Special Economic Zone Limited, COSCO SHIPPING Holdings, Hapag-Lloyd Aktiengesellschaft,, Shanghai International Port (Group) Co, among others. Each of them has its own fair-value calculation on this site using the same models, so the comparison is like for like.
Is Euroseas Ltd stock attractive at the current price?
The data as of Nov 8, 2026: price $63.40, calculated fair value $66.57 (+5%), Quality Score 63/100, from 26 models. Whether that fits your horizon and risk tolerance is your call. We provide the calculation, not investment advice.
How is the fair value of ESEA calculated?
We run Euroseas Ltd through 26 models from 8 families: DCF Models, Earnings-Based, Dividend Discount, Multiples, Asset-Based, Growth DCF, Economic Profit, Growth Earnings. Every model gets the same audited fundamentals; the fair value of $66.57 builds on their evidence-weighted average, with the spread shown as a cautious and an optimistic scenario.
Is it still worth investing in stocks now?
The global stock market currently sits 13.3% above its aggregate fair value. Euroseas Ltd currently trades 5% below its own fair value, and the market average says nothing about that. An expensive market is no reason to stay out and no reason to buy everything at once: keep a broad savings plan running, buy single stocks only with money you can do without, and hold part of your money liquid while the market is high. The full picture including sectors is on is it worth investing now.
What is the share price of Euroseas Ltd (ESEA)?
The closing price on Nov 6, 2026 was $63.40. Our model-based fair value is $66.57, about +5% upside (fairly valued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with Euroseas Ltd right now?
The price sits close to our fair value, market and models broadly agree here, little valuation tension. A fairly wide model range ($35.80 to $83.54) leaves room in how you read the outcome. Evidence is limited here (fewer models, shorter history), so the fair value is a rougher estimate than usual.
Key figures of Euroseas Ltd
How large is the market capitalisation of Euroseas Ltd (ESEA)?
The market capitalisation of Euroseas Ltd is $444M. The stock-market value of the whole company: share price times number of shares. It is what the market asks for the entire business today.
What is the P/S ratio of Euroseas Ltd (ESEA)?
The price-to-sales ratio of Euroseas Ltd is 1.96 (last twelve months). Price to sales: market value relative to yearly revenue. Useful when profit is thin or distorted.
What are the earnings per share of Euroseas Ltd (ESEA)?
Earnings per share at Euroseas Ltd are $19.52 (price ÷ EPS = P/E 3.2). Earnings per share over the last twelve months: total profit spread across every single share.
What is the dividend yield of Euroseas Ltd (ESEA)?
The dividend yield of Euroseas Ltd is 6.9% (payout 26.4%, on adjusted earnings, reported 22.5%). Yearly dividend relative to the share price. 3% pays 3 per 100 invested. Below: how much of profit is used for it.
What is the net margin of Euroseas Ltd (ESEA)?
The net margin of Euroseas Ltd is 60.0% (last twelve months). How much of every unit of revenue ends up as profit. 10% means 10 cents of profit per dollar of sales.
What is the return on equity of Euroseas Ltd (ESEA)?
The return on equity (ROE) of Euroseas Ltd is 29.2% (last twelve months). Profit relative to shareholders' equity, how efficiently the company works with its owners' money.
What is the EBIT return on assets of Euroseas Ltd (ESEA)?
On an EBIT basis the return on assets of Euroseas Ltd is 24.0% (avg 5y). Operating profit (EBIT) relative to everything the company owns, as a multi-year average. It describes the business model rather than one good or bad year.
What is the operating margin of Euroseas Ltd (ESEA)?
The operating margin of Euroseas Ltd is 59.2% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at Euroseas Ltd (ESEA)?
Revenue at Euroseas Ltd is growing −1.3% versus a year earlier (3y avg +7.6%). How much revenue grew versus a year earlier (YoY). The 3-year average next to it puts the single year in context.
How fast are earnings growing at Euroseas Ltd (ESEA)?
Earnings per share at Euroseas Ltd are growing +10.3% versus a year earlier. How much earnings per share grew versus a year earlier.
How much net debt does Euroseas Ltd (ESEA) carry?
The net debt of Euroseas Ltd is $39.8M (fiscal year 2025, ≈ 0.6 yrs of FCF). Debt minus cash on hand. The note shows how many years of free cash flow could in theory pay it off.
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Thin data
Nov 8, 2026