Stock fact sheet · data as of
Euroseas Ltd. (ESEA): fair value, margin of safety and Wheel Score
Industrials · Marine Shipping · Greece · High Yield Income
Is ESEA undervalued?
Euroseas Ltd. (ESEA) closed at 67.45 on 16 Oct 2026. The GLS average fair value - the simple average of the 9 valuation models that produced a positive number - is 213.07, which puts the price 68% below it. 8 of the 9 models value the shares above the current price. A gap this wide is rare in our universe of ~7,400 US stocks and is exactly what the Value part of the Wheel Score rewards; it is also where the question "why is it this cheap?" matters most.
The 9 models disagree widely: DDM gives 44.88 while Payback Time gives 338.52. A spread that wide means the average is sensitive to which methods you trust; the model table below shows where each one lands, and the Quote page lets you switch any of them off.
The nightly engine files ESEA under High Yield Income: a dividend yield above 4%.
Nine valuation models for ESEA
Each model turns the latest filed numbers into a value per share; the GLS fair value is the simple average of the ones that produce a positive number. The last two rows are shown for reference and never enter the average. The Quote page lets you switch any model off and add your own margin of safety.
| Model | Value | vs price | What it measures |
|---|---|---|---|
| DCF | 132.13 | +96% | Present value of the projected free cash flows, discounted at the cost of capital |
| Graham Number | 180.93 | +168% | The most a defensive investor pays for the earnings and book value per share |
| Graham Growth | 314.97 | +367% | Graham's growth formula: EPS × (8.5 + 2 × growth), adjusted for bond yields |
| Lynch | 78.09 | +16% | EPS × the earnings growth rate (PEG of 1), growth capped at 25% |
| GLS Growth | 304.13 | +351% | EPS compounded ten years at the blended growth rate, discounted back at 15% a year |
| 10 Cap | 307.05 | +355% | Owner's earnings (operating cash flow less maintenance capex) capitalised at 10% |
| Payback Time | 338.52 | +402% | Eight years of compounded free cash flow: the price at which the business pays for itself |
| DDM | 44.88 | -33% | Dividend discount model: next year's dividend ÷ (10% − 3% growth); needs a dividend |
| EPV | 216.92 | +222% | Earnings power value: current EPS capitalised at 9% with no growth |
| Zombie (liquidation) | -6.33 | -109% | Current assets less all liabilities, per share: the balance-sheet floor. Not in the average |
| Wall St target | 0.0000 | -100% | Analysts' average 12-month price target. Not in the average |
Quality and financial health
On financial health ESEA scores 7/9 (Piotroski): most of the nine tests - positive earnings and cash flow, falling debt, rising margins and turnover - are passed, which is the kind of balance sheet a wheel trader is happy to be assigned. The GLS Moat score is 6.7 out of 10: a ten-year record that is consistent in some of the metrics the score tracks (revenue, earnings, margins, cash flow, returns on capital) and patchy in others.
Returns on capital are high - ROIC 20.1%, ROE 29.6%, ROA 19.6% - with debt at 0.47 times equity and a free-cash-flow yield of 18.8%.
The dividend yield is high at 4.52% (payout ratio 19%). A yield this size is often the market's way of pricing a risk to the payout, so the health score and cash flow matter more than usual.
Institutional ownership scores 1/10, insider activity 2/10 and Congressional trading 5/10 on the GLS smart-money scales.
| Piotroski F-score | 7 / 9 | ROIC | 20.1% |
|---|---|---|---|
| GLS Moat | 6.7 / 10 | ROE | 29.6% |
| Debt / equity | 0.47 | ROA | 19.6% |
| Free-cash-flow yield | 18.8% | Payout ratio | 19% |
| Institutions | 1 / 10 | Insiders · Congress | 2 · 5 / 10 |
Wheel Score 39: No options
ESEA has no listed options in the nightly snapshot, so there is nothing to sell and the stock cannot be wheeled however good the business; the Wheel Score is capped at 39 and shown as "No options" (39 here). The valuation and quality numbers still apply to owning the shares outright.
Volume runs at 36k shares a day on a market cap of $476M, with a beta of 0.55 - a low beta, so day-to-day moves are smaller than the market's; the Stability part of the Wheel Score gives that 7 of 20.
| Part | Points | From | |
|---|---|---|---|
| Value | 25 / 25 | 68% margin of safety | |
| Health | 16 / 20 | Piotroski 7/9 | |
| Moat | 10 / 15 | moat 6.7/10 | |
| Premium | 0 / 20 | no option data | |
| Stability | 7 / 20 | 36k shares/day, $476M cap, beta 0.55 |
The Wheel Score ranks ~7,400 US stocks for selling cash-secured puts and covered calls; it is updated nightly and is not a recommendation. The walkthrough lesson shows how the score fits into a trade, start to finish.
Upcoming events
The next earnings report is due on 17 Nov 2026 (before the open), 32 days away; a 30-45-day put sold today would expire after it, which is worth weighing against the premium.
Earnings, dividend, IPO, split and economic calendars for the whole market, filterable to your watchlists.
Similar stocks in Marine Shipping
The 12 companies below are the closest to Euroseas Ltd. by market cap within the Marine Shipping industry, each with its own fact sheet; the Compare page puts up to eight of them side by side.
| Stock | Close | Fair value | MoS | Wheel | Mkt cap |
|---|---|---|---|---|---|
| CMDB Costamare Bulkers Holdings Limited | 19.47 | 18.67 | -4% | 39No options | $473M |
| PANL Pangaea Logistics Solutions, Ltd. | 8.17 | 8.92 | +8% | 62Fair | $535M |
| SHIP Seanergy Maritime Holdings Corp. | 16.60 | 24.77 | +33% | 73Good | $360M |
| KNOP KNOT Offshore Partners LP | 9.77 | 34.55 | +72% | 69Good | $329M |
| GASS StealthGas Inc. | 8.56 | 24.24 | +65% | 74Good | $322M |
| DSX Diana Shipping Inc. | 2.56 | 8.73 | +71% | 59Fair | $318M |
| HSHP Himalaya Shipping Ltd. | 16.24 | 35.94 | +55% | 39No options | $766M |
| ASC Ardmore Shipping Corporation | 18.98 | 22.71 | +16% | 71Good | $775M |
| SB Safe Bulkers, Inc. | 8.22 | 9.29 | +11% | 73Good | $936M |
| SMHI SEACOR Marine Holdings Inc. | 8.24 | 18.08 | +54% | 45Weak | $224M |
| GNK Genco Shipping & Trading Limited | 24.93 | 12.01 | -108% | 47Weak | $1.1B |
| CCEC Capital Clean Energy Carriers Corp. | 20.25 | 17.09 | -18% | 50Fair | $1.2B |
Screen the whole market the same way
A free GLS Equity account gets you nightly fair value and the Wheel Score on ~7,400 US stocks, a watchlist, the scanner preview and the Sunday Scan - the same eight-rule screen, emailed every week. Pro adds the full put and call scanners, unlimited watchlists with alerts and the trade journal.
Start free See the Sunday ScanQuestions about ESEA
Is ESEA undervalued right now?
By the GLS models, yes: at 67.45 the stock is 68% below the average fair value of 213.07 (data as of 16 Oct 2026). Whether the discount is deserved is the question to research next.
What is the Wheel Score of ESEA and what does it mean?
ESEA has no listed options in our nightly snapshot, so it cannot be wheeled; its Wheel Score is capped at 39 and shown as "No options".
What is the GLS fair value for ESEA?
213.07 per share as of 16 Oct 2026 - the simple average of the 9 valuation models (out of nine: DCF, Graham Number, Graham Growth, Lynch, GLS Growth, 10 Cap, Payback Time, DDM and EPV) that produced a positive value. The models run every night on the latest filings; the Quote page lets you switch any of them off and add a margin of safety of your own.
When does Euroseas Ltd. report earnings next?
The next earnings report is due on 17 Nov 2026 (before the open), 32 days from the data date of 16 Oct 2026. The Calendars page lists every upcoming report with its time of day.
Does ESEA have listed options, and how liquid are they?
No. The nightly options snapshot found no listed contracts on ESEA, so the wheel strategy cannot be run on it and the Wheel Score is capped at 39.