Euroseas Stock Market Capitalization
| ESEA Stock | USD 33.11 0.31 0.95% |
Euroseas fundamentals help investors to digest information that contributes to Euroseas' financial success or failures. It also enables traders to predict the movement of Euroseas Stock. The fundamental analysis module provides a way to measure Euroseas' intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Euroseas stock.
| Last Reported | Projected for Next Year | ||
| Market Cap | 152.4 M | 93.4 M |
Euroseas | Market Capitalization |
Euroseas Company Market Capitalization Analysis
Euroseas' Market Capitalization is the total market value of a company's equity. It is one of many ways to value a company and is calculated by multiplying the price of the stock by the number of shares issued. If a firm has one type of stock its market capitalization will be the current market share price multiplied by the number of shares. However, if a company has multiple types of equities then the market cap will be the total of the market caps of the different types of shares.
Current Euroseas Market Capitalization | 235.62 M |
Most of Euroseas' fundamental indicators, such as Market Capitalization, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Euroseas is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Euroseas Market Capitalization Driver Correlations
Understanding the fundamental principles of building solid financial models for Euroseas is extremely important. It helps to project a fair market value of Euroseas Stock properly, considering its historical fundamentals such as Market Capitalization. Since Euroseas' main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Euroseas' historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Euroseas' interrelated accounts and indicators.
Click cells to compare fundamentals
Euroseas Market Capitalization Historical Pattern
Today, most investors in Euroseas Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Euroseas' growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's market capitalization growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of Euroseas market capitalization as a starting point in their analysis.
Euroseas Market Capitalization |
| Timeline |
In most publications or references market cap is broken down into the mega-cap, large-cap, mid-cap, small-cap, micro-cap, and nano-cap. Market Cap is a measurement of business as total market value of all of the outstanding shares at a given time, and can be used to compare different companies based on their size.
| Competition |
Euroseas Long Term Debt To Capitalization
Long Term Debt To Capitalization |
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Based on the recorded statements, the market capitalization of Euroseas is about 235.62 M. This is 95.89% lower than that of the Marine Transportation sector and significantly higher than that of the Industrials industry. The market capitalization for all United States stocks is 98.76% higher than that of the company.
Euroseas Market Capitalization Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Euroseas' direct or indirect competition against its Market Capitalization to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Euroseas could also be used in its relative valuation, which is a method of valuing Euroseas by comparing valuation metrics of similar companies.Euroseas is currently under evaluation in market capitalization category among related companies.
Euroseas Current Valuation Drivers
We derive many important indicators used in calculating different scores of Euroseas from analyzing Euroseas' financial statements. These drivers represent accounts that assess Euroseas' ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Euroseas' important valuation drivers and their relationship over time.
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Market Cap | 11.6M | 31.2M | 173.8M | 132.5M | 152.4M | 93.4M | |
| Enterprise Value | 100.1M | 97.0M | 265.3M | 213.9M | 246.0M | 144.3M |
Euroseas Fundamentals
| Return On Equity | 0.53 | ||||
| Return On Asset | 0.19 | ||||
| Profit Margin | 0.60 % | ||||
| Operating Margin | 0.56 % | ||||
| Current Valuation | 303.63 M | ||||
| Shares Outstanding | 7.12 M | ||||
| Shares Owned By Insiders | 59.34 % | ||||
| Shares Owned By Institutions | 7.39 % | ||||
| Number Of Shares Shorted | 4.74 K | ||||
| Price To Earning | 1.27 X | ||||
| Price To Book | 0.94 X | ||||
| Price To Sales | 1.32 X | ||||
| Revenue | 189.36 M | ||||
| Gross Profit | 133.04 M | ||||
| EBITDA | 134.96 M | ||||
| Net Income | 114.55 M | ||||
| Cash And Equivalents | 27.4 M | ||||
| Cash Per Share | 3.83 X | ||||
| Total Debt | 130 M | ||||
| Debt To Equity | 0.75 % | ||||
| Current Ratio | 0.62 X | ||||
| Book Value Per Share | 38.00 X | ||||
| Cash Flow From Operations | 130.01 M | ||||
| Short Ratio | 0.13 X | ||||
| Earnings Per Share | 16.52 X | ||||
| Price To Earnings To Growth | (0.53) X | ||||
| Target Price | 49.5 | ||||
| Beta | 0.89 | ||||
| Market Capitalization | 235.62 M | ||||
| Total Asset | 424.67 M | ||||
| Retained Earnings | 7.93 M | ||||
| Working Capital | (26.82 M) | ||||
| Current Asset | 21.58 M | ||||
| Current Liabilities | 19.37 M | ||||
| Annual Yield | 0.07 % | ||||
| Net Asset | 424.67 M | ||||
| Last Dividend Paid | 2.1 |
About Euroseas Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Euroseas's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Euroseas using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Euroseas based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Pair Trading with Euroseas
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Euroseas position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Euroseas will appreciate offsetting losses from the drop in the long position's value.Moving against Euroseas Stock
| 0.45 | EGLE | Eagle Bulk Shipping Financial Report 2nd of May 2024 | PairCorr |
| 0.45 | GRIN | Grindrod Shipping | PairCorr |
| 0.44 | SB-PD | Safe Bulkers | PairCorr |
| 0.44 | NMM | Navios Maritime Partners Financial Report 28th of May 2024 | PairCorr |
| 0.44 | HSHP | Himalaya Shipping | PairCorr |
The ability to find closely correlated positions to Euroseas could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Euroseas when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Euroseas - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Euroseas to buy it.
The correlation of Euroseas is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Euroseas moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Euroseas moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Euroseas can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Euroseas Piotroski F Score and Euroseas Altman Z Score analysis. For information on how to trade Euroseas Stock refer to our How to Trade Euroseas Stock guide.Note that the Euroseas information on this page should be used as a complementary analysis to other Euroseas' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Portfolio Holdings module to check your current holdings and cash postion to detemine if your portfolio needs rebalancing.
Complementary Tools for Euroseas Stock analysis
When running Euroseas' price analysis, check to measure Euroseas' 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 Euroseas is operating at the current time. Most of Euroseas' value examination focuses on studying past and present price action to predict the probability of Euroseas' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Euroseas' price. Additionally, you may evaluate how the addition of Euroseas to your portfolios can decrease your overall portfolio volatility.
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Is Euroseas' 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 Euroseas. If investors know Euroseas 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 Euroseas 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 0.24 | Dividend Share 2.1 | Earnings Share 16.52 | Revenue Per Share 27.319 | Quarterly Revenue Growth 0.144 |
The market value of Euroseas is measured differently than its book value, which is the value of Euroseas that is recorded on the company's balance sheet. Investors also form their own opinion of Euroseas' value that differs from its market value or its book value, called intrinsic value, which is Euroseas' 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 Euroseas' market value can be influenced by many factors that don't directly affect Euroseas' 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 Euroseas' value and its price as these two are different measures arrived at by different means. Investors typically determine if Euroseas is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Euroseas' 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.