EURODRY LTD. |
Market Closed -
Other stock markets
|
5-day change | 1st Jan Change | ||
| 20.2 USD | -1.85% |
|
-1.51% | +6.04% |
| Feb. 16 | Transcript : EuroDry Ltd., Q4 2023 Earnings Call, Feb 16, 2024 | |
| Feb. 16 | Tranche Update on EuroDry Ltd.'s Equity Buyback Plan announced on August 9, 2022. | CI |
Valuation
| Fiscal Period: December | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|
| Capitalization 1 | 19.37 | 17.78 | 12.63 | 54.16 | 49.45 | 57.66 | 57.66 | - |
| Enterprise Value (EV) 1 | 19.37 | 17.78 | 63.2 | 103.6 | 49.45 | 149 | 127.9 | 106.1 |
| P/E ratio | 34.4 x | -9.18 x | -1.67 x | 1.65 x | 1.48 x | -18.1 x | 8.46 x | 7.15 x |
| Yield | - | - | - | - | - | - | - | - |
| Capitalization / Revenue | 0.79 x | 0.65 x | 0.57 x | 0.79 x | 0.66 x | 1.05 x | 0.75 x | 0.72 x |
| EV / Revenue | 0.79 x | 0.65 x | 2.84 x | 1.51 x | 0.66 x | 2.95 x | 1.67 x | 1.33 x |
| EV / EBITDA | 2.06 x | 1.88 x | 16.6 x | 2.23 x | 1.15 x | 10.2 x | 3.99 x | 3.42 x |
| EV / FCF | - | - | - | 44.7 x | - | -2.79 x | 6.77 x | 4.16 x |
| FCF Yield | - | - | - | 2.24% | - | -35.9% | 14.8% | 24% |
| Price to Book | - | - | 0.37 x | 0.7 x | 0.44 x | 0.45 x | 0.49 x | 0.45 x |
| Nbr of stocks (in thousands) | 2,255 | 2,280 | 2,305 | 2,844 | 2,878 | 2,802 | 2,802 | - |
| Reference price 2 | 8.590 | 7.800 | 5.480 | 19.04 | 17.18 | 20.58 | 20.58 | 20.58 |
| Announcement Date | 2/19/19 | 2/12/20 | 2/16/21 | 2/10/22 | 2/13/23 | 2/16/24 | - | - |
1USD in Million2USD
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: December | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 24.52 | 27.24 | 22.29 | 68.51 | 74.57 | 50.43 | 76.63 | 80 |
| EBITDA 1 | 9.416 | 9.466 | 3.815 | 46.55 | 43.17 | 14.58 | 32.03 | 31.06 |
| EBIT 1 | 3.994 | 3.008 | -2.741 | 38.89 | 34.12 | 1.094 | 16.23 | 15.4 |
| Operating Margin | 16.29% | 11.04% | -12.3% | 56.77% | 45.75% | 2.17% | 21.17% | 19.26% |
| Earnings before Tax (EBT) 1 | - | - | -5.878 | 31.15 | 33.54 | -3.283 | 7.777 | - |
| Net income 1 | 0.5545 | -1.918 | -7.452 | 29.4 | 33.54 | -2.909 | 6.77 | 7.96 |
| Net margin | 2.26% | -7.04% | -33.43% | 42.92% | 44.98% | -5.77% | 8.84% | 9.95% |
| EPS 2 | 0.2500 | -0.8500 | -3.280 | 11.54 | 11.61 | -1.050 | 2.433 | 2.880 |
| Free Cash Flow 1 | - | - | - | 2.315 | - | -53.5 | 18.9 | 25.5 |
| FCF margin | - | - | - | 3.38% | - | -106.07% | 24.66% | 31.88% |
| FCF Conversion (EBITDA) | - | - | - | 4.97% | - | - | 59% | 82.1% |
| FCF Conversion (Net income) | - | - | - | 7.87% | - | - | 279.16% | 320.35% |
| Dividend per Share | - | - | - | - | - | - | - | - |
| Announcement Date | 2/19/19 | 2/12/20 | 2/16/21 | 2/10/22 | 2/13/23 | 2/16/24 | - | - |
1USD in Million2USD
Estimates
Income Statement Evolution (Quarterly data)
| Fiscal Period: December | 2021 Q1 | 2021 Q2 | 2021 Q3 | 2021 Q4 | 2022 Q1 | 2022 Q2 | 2022 Q3 | 2022 Q4 | 2023 Q1 | 2023 Q2 | 2023 Q3 | 2023 Q4 | 2024 Q1 | 2024 Q2 | 2024 Q3 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 8.574 | 14.95 | 20.72 | 23.74 | 19.42 | 22.27 | - | 16.08 | 11.93 | 10.97 | 10.67 | 14.43 | 15.59 | 18.55 | 21.48 |
| EBITDA 1 | - | 9.841 | 14.67 | 17.3 | 12.7 | 13.64 | - | 7.283 | 2.141 | 0.1762 | 3.126 | 5.312 | 5.371 | 7.674 | 10.01 |
| EBIT 1 | 3.08 | 8.081 | 12.69 | 15.04 | 10.24 | 10.77 | - | 7.574 | -0.3931 | -2.401 | 0.5054 | 2.425 | 1.29 | 3.258 | 6.227 |
| Operating Margin | 35.92% | 54.05% | 61.25% | 63.34% | 52.74% | 48.38% | - | 47.09% | -3.3% | -21.88% | 4.74% | 16.81% | 8.28% | 17.57% | 28.98% |
| Earnings before Tax (EBT) | - | 2.218 | 12.06 | 16.01 | 10.49 | 10.62 | - | 6.268 | -1.54 | -1.184 | - | 0.693 | -0.702 | 1.419 | 2.981 |
| Net income 1 | 0.445 | 1.947 | 11.79 | 15.22 | 10.49 | 10.62 | - | 6.268 | -1.54 | -1.184 | -0.532 | 0.8743 | -0.942 | 0.8503 | 3.772 |
| Net margin | 5.19% | 13.02% | 56.9% | 64.11% | 54.04% | 47.68% | - | 38.98% | -12.91% | -10.79% | -4.99% | 6.06% | -6.04% | 4.58% | 17.56% |
| EPS 2 | 0.1900 | 0.8100 | 4.410 | 5.320 | 3.640 | 3.610 | - | 2.200 | -0.5500 | -0.4300 | -0.1900 | 0.3167 | -0.3433 | 0.3000 | 1.367 |
| Dividend per Share | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Announcement Date | 5/20/21 | 8/4/21 | 11/10/21 | 2/10/22 | 5/18/22 | 8/9/22 | 11/13/22 | 2/13/23 | 5/15/23 | 8/8/23 | 11/8/23 | - | - | - | - |
1USD in Million2USD
Estimates
Balance Sheet Analysis
| Fiscal Period: December | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|
| Net Debt 1 | - | - | 50.6 | 49.4 | - | 95.9 | 70.2 | 48.5 |
| Net Cash position 1 | - | - | - | - | - | - | - | - |
| Leverage (Debt/EBITDA) | - | - | 13.25 x | 1.062 x | - | 6.578 x | 2.192 x | 1.561 x |
| Free Cash Flow 1 | - | - | - | 2.31 | - | -53.5 | 18.9 | 25.5 |
| ROE (net income / shareholders' equity) | - | - | - | 51.8% | 29.5% | -2.49% | 7.6% | 7.5% |
| ROA (Net income/ Total Assets) | - | - | - | - | - | - | - | - |
| Assets 1 | - | - | - | - | - | - | - | - |
| Book Value Per Share 2 | - | - | 14.70 | 27.00 | 39.30 | 42.20 | 42.10 | 45.40 |
| Cash Flow per Share 2 | 1.780 | 6.710 | 1.020 | 15.40 | - | 4.270 | 8.120 | - |
| Capex 1 | - | - | - | - | - | 0.11 | 0 | - |
| Capex / Sales | - | - | - | - | - | 0.21% | 0% | - |
| Announcement Date | 2/19/19 | 2/12/20 | 2/16/21 | 2/10/22 | 2/13/23 | 2/16/24 | - | - |
1USD in Million2USD
Estimates
EPS & Dividend
Year-on-year evolution of the PER
Change in Enterprise Value/EBITDA
Trading Rating
Investor Rating
ESG Refinitiv
Sell
Buy
Mean consensus
BUY
Number of Analysts
3
Last Close Price
20.58
USD
Average target price
30
USD
Spread / Average Target
+45.77%
EPS Revisions
| 1st Jan change | Capi. | |
|---|---|---|
| +6.04% | 58.29M | |
| +33.45% | 12.25B | |
| +24.04% | 4.13B | |
| +36.60% | 4B | |
| +15.85% | 2.8B | |
| -15.37% | 1.89B | |
| +17.72% | 1.88B | |
| +11.00% | 1.85B | |
| +0.14% | 1.66B | |
| +32.42% | 1.59B |
- Stock Market
- Equities
- EDRY Stock
- Financials EuroDry Ltd.
