EuroDry Ltd. (EDRY)

NASDAQ: EDRY · IEX Real-Time Price · USD
20.84
+0.08 (0.39%)
Mar 28, 2024, 4:30 PM EDT - Market closed

Total Valuation

EuroDry has a market cap or net worth of $58.77 million. The enterprise value is $148.60 million.

Market Cap 58.77M
Enterprise Value 148.60M

Important Dates

The next estimated earnings date is Monday, May 13, 2024, before market open.

Earnings Date May 13, 2024
Ex-Dividend Date n/a

Share Statistics

EuroDry has 2.83 million shares outstanding.

Shares Outstanding 2.83M
Owned by Insiders (%) 50.99%
Owned by Institutions (%) 3.25%
Float 1.35M

Valuation Ratios

PE Ratio n/a
Forward PE 9.93
PS Ratio 1.23
Forward PS 0.79
PB Ratio 0.54
P/FCF Ratio n/a
PEG Ratio n/a
Financial Ratio History

Enterprise Valuation

EV / Earnings n/a
EV / Sales 3.12
EV / EBITDA 10.22
EV / EBIT 41.53
EV / FCF n/a

Financial Position

The company has a current ratio of 0.95, with a Debt / Equity ratio of 0.95.

Current Ratio 0.95
Quick Ratio 0.90
Debt / Equity 0.95
Debt / EBITDA 7.15
Debt / FCF n/a
Interest Coverage 0.55

Financial Efficiency

Return on equity (ROE) is -2.60%.

Return on Equity (ROE) -2.60%
Return on Assets (ROA) -1.50%
Return on Capital (ROIC) n/a
Revenue Per Employee n/a
Profits Per Employee n/a
Employee Count n/a
Asset Turnover 0.24
Inventory Turnover 10.93

Taxes

Income Tax n/a
Effective Tax Rate n/a

Stock Price Statistics

The stock price has increased by +22.19% in the last 52 weeks. The beta is 0.73, so EuroDry's price volatility has been lower than the market average.

Beta (1Y) 0.73
52-Week Price Change +22.19%
50-Day Moving Average 21.58
200-Day Moving Average 17.20
Relative Strength Index (RSI) 37.76
Average Volume (30 Days) 9,886

Short Selling Information

Short Interest 453
Short Previous Month 1,067
Short % of Shares Out 0.24%
Short % of Float n/a
Short Ratio (days to cover) 0.04

Income Statement

In the last 12 months, EuroDry had revenue of $47.59 million and -$2.91 million in losses. Loss per share was -$1.05.

Revenue 47.59M
Gross Profit 19.30M
Operating Income 1.09M
Pretax Income -2.91M
Net Income -2.91M
EBITDA 14.54M
EBIT 3.58M
Loss Per Share -$1.05
Full Income Statement

Balance Sheet

The company has $14.10 million in cash and $103.93 million in debt, giving a net cash position of -$89.83 million or -$31.71 per share.

Cash & Cash Equivalents 14.10M
Total Debt 103.93M
Net Cash -89.83M
Net Cash Per Share -$31.71
Equity / Book Value 109.66M
Book Value Per Share 38.72
Working Capital -1.26M
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was $11.81 million and capital expenditures -$65.30 million, giving a free cash flow of -$53.50 million.

Operating Cash Flow 11.81M
Capital Expenditures -65.30M
Free Cash Flow -53.50M
FCF Per Share -$19.36
Full Cash Flow Statement

Margins

Gross margin is 40.56%, with operating and profit margins of 2.30% and -6.11%.

Gross Margin 40.56%
Operating Margin 2.30%
Pretax Margin -6.11%
Profit Margin -6.11%
EBITDA Margin 30.56%
EBIT Margin 7.52%
FCF Margin -112.41%

Dividends & Yields

EuroDry does not appear to pay any dividends at this time.

Dividend Per Share n/a
Dividend Yield n/a
Dividend Growth (YoY) n/a
Years of Dividend Growth n/a
Payout Ratio n/a
Buyback Yield 4.39%
Shareholder Yield 4.39%
Earnings Yield -4.95%
FCF Yield -91.02%

Analyst Forecast

The average price target for EuroDry is $30.00, which is 43.95% higher than the current price. The consensus rating is "Strong Buy".

Price Target $30.00
Price Target Difference 43.95%
Analyst Consensus Strong Buy
Analyst Count 1
Revenue Growth Forecast (5Y) n/a
EPS Growth Forecast (5Y) n/a
Stock Forecasts

Stock Splits

This stock does not have any record of stock splits.

Last Split Date n/a
Split Type n/a
Split Ratio n/a

Scores

EuroDry has an Altman Z-Score of 0.82 and a Piotroski F-Score of 3. A Z-score under 3 suggests an increased risk of bankruptcy.

Altman Z-Score 0.82
Piotroski F-Score 3