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Euroseas (NAS:ESEA) EV-to-EBIT

: 2.12 (As of Today)
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EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Euroseas's Enterprise Value is $232.8 Mil. Euroseas's EBIT for the trailing twelve months (TTM) ended in Mar. 2023 was $110.0 Mil. Therefore, Euroseas's EV-to-EBIT for today is 2.12.

The historical rank and industry rank for Euroseas's EV-to-EBIT or its related term are showing as below:

ESEA' s EV-to-EBIT Range Over the Past 10 Years
Min: -33.11   Med: -0.35   Max: 69.82
Current: 2.12

During the past 13 years, the highest EV-to-EBIT of Euroseas was 69.82. The lowest was -33.11. And the median was -0.35.

ESEA's EV-to-EBIT is ranked better than
90.89% of 790 companies
in the Transportation industry
Industry Median: 10.69 vs ESEA: 2.12

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Euroseas's Enterprise Value for the quarter that ended in Mar. 2023 was $220.1 Mil. Euroseas's EBIT for the trailing twelve months (TTM) ended in Mar. 2023 was $110.0 Mil. Euroseas's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2023 was 49.98%.


Euroseas EV-to-EBIT Historical Data

The historical data trend for Euroseas's EV-to-EBIT can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Euroseas Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
EV-to-EBIT
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 23.94 68.28 12.52 5.97 1.91

Euroseas Quarterly Data
Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23
EV-to-EBIT Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 3.79 2.86 2.09 1.91 2.00

Competitive Comparison

For the Marine Shipping subindustry, Euroseas's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

   

Euroseas EV-to-EBIT Distribution

For the Transportation industry and Industrials sector, Euroseas's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Euroseas's EV-to-EBIT falls in comparison to its industry or sector. The grey bar indicates the EV-to-EBIT's extreme value range as defined by GuruFocus.



Euroseas EV-to-EBIT Calculation

Euroseas's EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=232.798/110.009
=2.12

Euroseas's current Enterprise Value is $232.8 Mil.
Euroseas's EBIT for the trailing twelve months (TTM) ended in Mar. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $110.0 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Euroseas  (NAS:ESEA) EV-to-EBIT Explanation

This is a more accurate valuation of companies' operation because it considers the debt and cash on its balance sheet, and non-operating items such as interest payment, tax, and one-time items are not included in the Operating Income.

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %.

Euroseas's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2023 is calculated as:

Earnings Yield (Joel Greenblatt) % (Q: Mar. 2023 ) =EBIT / Enterprise Value (Q: Mar. 2023 )
=110.009/220.1058512
=49.98 %

Euroseas's Enterprise Value for the quarter that ended in Mar. 2023 was $220.1 Mil.
Euroseas's EBIT for the trailing twelve months (TTM) ended in Mar. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $110.0 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Euroseas EV-to-EBIT Related Terms

Thank you for viewing the detailed overview of Euroseas's EV-to-EBIT provided by GuruFocus.com. Please click on the following links to see related term pages.


Euroseas (NAS:ESEA) Business Description

Euroseas logo
Traded in Other Exchanges
Address
4 Messogiou and Evropis Street, Maroussi, GRC, 151 24
Euroseas Ltd is a shipping company. Its fleet consists of containerships that transport container boxes providing scheduled service between ports. Its operations are managed by an affiliated ship management company, which is responsible for the day-to-day commercial and technical management and operations of the vessels. The company employs its vessels on spot and period charters and through pool arrangements.

Euroseas (NAS:ESEA) Headlines

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