EuroDry Stock Financials

EDRY
 Stock
  

USD 15.83  0.10  0.63%   

You can exercise fundamental analysis to find out if EuroDry is mispriced or if you can make any profits on it by purchasing it and then waiting for the market to recognize its mistake and reprise the security. We were able to interpolate data for thirty-five available fundamental indicators for EuroDry, which can be compared to its rivals. To ensure the equity is not overpriced, please confirm all EuroDry financials, including its total debt, and the relationship between the revenue and earnings per share . Given that EuroDry has a number of shares shorted of 55.69 K, we urge you to verify EuroDry prevailing market performance to make sure the company can sustain itself down the road. Use EuroDry to protect your portfolios against small market fluctuations. Benchmarks are essential to demonstrate the utility of optimization algorithms. The stock experiences a moderate downward daily trend and can be a good diversifier. Check odds of EuroDry to be traded at $15.51 in 90 days.
  
With this module, you can analyze EuroDry financials for your investing period. You should be able to track the changes in EuroDry individual financial statements over time to develop the understanding of its risk, liquidity, profitability, or other critical and vital indicators.

EuroDry Most Recent Estimates

Quarterly Earnings Growth YOY
(0.52) 
EPS Estimate Next Quarter
4.24
Diluted Eps
15.99
EPS Estimate Current Year
12.66
EPS Estimate Next Year
10.52
EPS Estimate Current Quarter
1.9
Understanding current and past EuroDry Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of EuroDry's financial statements are interrelated, with each one affecting the others. For example, an increase in EuroDry's assets may result in an increase in income on the income statement.
Chance Of Financial Distress
Less than 23
EuroDry has less than 23 (%) percent chance of experiencing financial distress in the next two years of operations. The calculation of odds of distress for EuroDry stock is tightly coupled with the Probability of Bankruptcy. It complements the equity performance score by supplying investors with insight into company financials without requiring them to know too much about all of the complex accounting and financial indicators surrounding the entity. More Info
The data published in EuroDry's official financial statements usually reflect EuroDry's business processes, product offerings, services, and other fundamental events. But there are other numbers, ratios, or fundamental indicators derived from these statements that are easier to understand and visualize within the underlying realities that drive quantitative information of EuroDry. For example, before you start analyzing numbers published by EuroDry accountants, it's critical to develop an understanding of what EuroDry's liquidity, profitability, and earnings quality are in the context of the Marine space in which it operates.
Please note, the presentation of EuroDry's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, EuroDry's management is honest, while the outside auditors are strict and uncompromising. Whatever the case, the imprecision that can be found in EuroDry's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of EuroDry. Please utilize our Beneish M Score to check the likelihood of EuroDry's management to manipulate its earnings.

EuroDry Company Summary

EuroDry competes with VANGUARD SMALL-CAP, Merck, Fidelity MSCI, and Bondbloxx ETF. EuroDry Ltd., through its subsidiaries, provides ocean-going transportation services worldwide. EuroDry Ltd. was incorporated in 2018 and is based in Marousi, Greece. Eurodry is traded on NASDAQ Exchange in the United States.
Specialization
Industrials, Marine Shipping
InstrumentUSA Stock View All
ExchangeNASDAQ Exchange
ISINMHY235081079
Business Address4 Messogiou Evropis
SectorMarine
IndustryIndustrials
BenchmarkNYSE Composite
Websitewww.eurodry.gr
Phone30 211 18 04 005
CurrencyUSD - US Dollar
You should never invest in EuroDry without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of EuroDry Stock, because this is throwing your money away. Analyzing the key information contained in EuroDry's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.

EuroDry Key Financial Ratios

Generally speaking, EuroDry's financial ratios allow both analysts and investors to convert raw data from EuroDry's financial statements into concise, actionable information that can be used to evaluate the performance of EuroDry over time and compare it to other companies across industries. There are many critical financial ratios that investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that EuroDry reports annually and quarterly.

EuroDry Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining EuroDry's current stock value. Our valuation model uses many indicators to compare EuroDry value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across EuroDry competition to find correlations between indicators driving EuroDry's intrinsic value. More Info.
EuroDry is one of the top stocks in current asset category among related companies. It is one of the top stocks in ebitda category among related companies totaling about  4.10  of EBITDA per Current Asset. . Comparative valuation analysis is a catch-all model that can be used if you cannot value EuroDry by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for EuroDry's Stock . Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the EuroDry's earnings, one of the primary drivers of an investment's value.

EuroDry Systematic Risk

EuroDry's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. EuroDry volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was seven with a total number of output elements of fifty-four. The Beta measures systematic risk based on how returns on EuroDry correlated with the market. If Beta is less than 0 EuroDry generally moves in the opposite direction as compared to the market. If EuroDry Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one EuroDry is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of EuroDry is generally in the same direction as the market. If Beta > 1 EuroDry moves generally in the same direction as, but more than the movement of the benchmark.
.

About EuroDry Financials

What exactly are EuroDry Financials? Typically, a company's financial statements are the reports that show the financial position of the company. Three primary documents fall into the category of financial statements. These documents include EuroDry's income statement, its balance sheet, and the statement of cash flows. Potential EuroDry investors and stakeholders use financial statements to determine how well the company is positioned to perform in the future. Although EuroDry investors may use each financial statement separately, they are all related. The changes in EuroDry's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on EuroDry's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.
There are several different ways that investors can use financial statements to try and predict whether a stock price will go up or down. Unfortunately, there is no surefire formula, but there are some general guidelines you should consider when looking at the numbers. First, realize what kind of company it is so you know if its revenues are more likely to grow or shrink over time. For example, a software company's revenue is expected to increase yearly due to new products and services that its customers will want to buy. At the same time, a car manufacturer might not be able to sell as many cars when the economy slows down, so it would have less net income during those times. Second, pay attention to its debt-to-equity ratio because this number will tell you how much risk it has. If a company such as EuroDry is not taking on any additional risks, its debt-to-equity should be less than one. As a general rule of thumb, if the market value or book value (which can be found in the footnotes) of assets exceeds the company's liabilities, then it is probably in good shape. Finally, use other financial statements to determine if a stock price will go up or down because investors are always looking for growth opportunities when they buy new stocks. For example, if you see that the net revenue of EuroDry has grown by more than 25% over the last five years, then there is a good chance that it will continue growing at least by 20% or more each year. On the other hand, if you see that net revenue has only increased by about 15%, which is barely above inflation levels, then chances are it will not grow much faster than this over time, and investors may shy away from buying it.

EuroDry December 7, 2022 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of EuroDry help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of EuroDry. We use our internally-developed statistical techniques to arrive at the intrinsic value of EuroDry based on widely used predictive technical indicators. In general, we focus on analyzing EuroDry Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build EuroDry's daily price indicators and compare them against related drivers.
Downside Deviation3.16
Information Ratio0.0581
Maximum Drawdown19.48
Value At Risk(5.53)
Potential Upside6.25
Continue to Investing Opportunities. You can also try Options Analysis module to analyze and evaluate options and option chains as a potential hedge for your portfolios.

Complementary Tools for analysis

When running EuroDry price analysis, check to measure EuroDry's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy EuroDry is operating at the current time. Most of EuroDry's value examination focuses on studying past and present price action to predict the probability of EuroDry's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move EuroDry's price. Additionally, you may evaluate how the addition of EuroDry to your portfolios can decrease your overall portfolio volatility.
Equity Analysis
Research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities
Go
Alpha Finder
Use alpha and beta coefficients to find investment opportunities after accounting for the risk
Go
Competition Analyzer
Analyze and compare many basic indicators for a group of related or unrelated entities
Go
Fundamentals Comparison
Compare fundamentals across multiple equities to find investing opportunities
Go
Pattern Recognition
Use different Pattern Recognition models to time the market across multiple global exchanges
Go
Commodity Channel Index
Use Commodity Channel Index to analyze current equity momentum
Go
Portfolio Center
All portfolio management and optimization tools to improve performance of your portfolios
Go
Performance Analysis
Check effects of mean-variance optimization against your current asset allocation
Go
Portfolio Manager
State of the art Portfolio Manager to monitor and improve performance of your invested capital
Go
Analyst Recommendations
Analyst recommendations and target price estimates broken down by several categories
Go
Is EuroDry's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of EuroDry. If investors know EuroDry will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about EuroDry listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth YOY
(0.52) 
Market Capitalization
46.9 M
Quarterly Revenue Growth YOY
(0.19) 
Return On Assets
0.145
Return On Equity
0.4705
The market value of EuroDry is measured differently than its book value, which is the value of EuroDry that is recorded on the company's balance sheet. Investors also form their own opinion of EuroDry's value that differs from its market value or its book value, called intrinsic value, which is EuroDry's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because EuroDry's market value can be influenced by many factors that don't directly affect EuroDry's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between EuroDry's value and its price as these two are different measures arrived at by different means. Investors typically determine EuroDry value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, EuroDry's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.