EuroDryEDRY -1.48%59 Return-on-Tangible-Equity is 1.09% as of Mar. 2026. GuruFocus rates EDRY with a GF Score™ of 59/100 and a GF Value™ of $16.04 (Significantly Overvalued). The stock has 8 warning signs investors should review. Among 975 Transportation companies, EuroDry ranks worse than 83.69% on this metric.
Return-on-Tangible-Equity is calculated as Net Income divided by its average total shareholder tangible equity. Total shareholder tangible equity equals to Total Stockholders Equity minus Intangible Assets. EuroDry's annualized net income for the quarter that ended in Mar. 2026 was $1.02 Mil. EuroDry's average shareholder tangible equity for the quarter that ended in Mar. 2026 was $93.52 Mil. Therefore, EuroDry's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 1.09%.
The historical rank and industry rank for EuroDry's Return-on-Tangible-Equity or its related term are showing as below:
EDRY'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -32.61 Med: -1.29 Max: 54.89
Current: -0.33
During the past 10 years, EuroDry's highest Return-on-Tangible-Equity was 54.89%. The lowest was -32.61%. And the median was -1.29%.
EDRY's Return-on-Tangible-Equity is ranked worse than 83.69% of 975
companies
in the Transportation industry
Industry Median: 9
vs EDRY: -0.33
Return-on-Tangible-Equity measures the rate of return on the ownership interest (shareholder's tangible equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' tangible equity (shareholders equity minus intangibles). Return-on-Tangible-Equity shows how well a company uses investment funds to generate earnings growth. Return-on-Tangible-Equitys between 15% and 20% are considered desirable.
Be Aware
Net Income is used.
Because a company can increase its Return-on-Tangible-Equity by having more financial leverage, it is important to watch the leverage ratio when investing in high Return-on-Tangible-Equity companies. Like Return-on-Tangible-Asset, Return-on-Tangible-Equity is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.
Asset light businesses require very few assets to generate very high earnings. Their Return-on-Tangible-Equitys can be extremely high.
EuroDry Return-on-Tangible-Equity Related Terms
EuroDry Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for EuroDry's Return-on-Tangible-Equity 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.
EDRY vs GLBS, HMR, HTCO: Return-on-Tangible-Equity Comparison
For the Marine Shipping subindustry, EuroDry's Return-on-Tangible-Equity, along with its competitors' market caps and Return-on-Tangible-Equity 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.
EuroDry Return-on-Tangible-Equity vs Transportation Industry
For the Transportation industry and Industrials sector, EuroDry's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where EuroDry's Return-on-Tangible-Equity falls into.
* 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.
In the calculation of annual Return-on-Tangible-Equity, the net income of the last fiscal year and the average total shareholder tangible equity over the fiscal year are used. In calculating the quarterly data,
the net income data used here is four times the quarterly (Mar. 2026) net income data.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
What does a Return-on-Tangible-Equity of 1.09% mean?
EuroDry (EDRY) has a Return-on-Tangible-Equity of 1.09% as of Mar. 2026. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on EuroDry and its competitors. According to the industry distribution chart, EuroDry ranks #816 out of 975 companies in the Transportation industry, placing it in the top 83.7%.
Is EuroDry's Return-on-Tangible-Equity too high?
EuroDry's current Return-on-Tangible-Equity is 1.09%. The Transportation industry median Return-on-Tangible-Equity is 9.00. EuroDry's value of 1.09% is 87.9% below this industry median. Based on the distribution chart, EuroDry ranks #816 out of 975 companies in the Transportation industry, which is in the bottom quartile relative to peers. Overall, EuroDry has a GF Score™ of 59/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does EuroDry's Return-on-Tangible-Equity compare to GLBS and HMR?
According to the Transportation industry distribution chart, EuroDry ranks #816 out of 975 companies for Return-on-Tangible-Equity. This places EuroDry in the lower half of its industry. The industry median Return-on-Tangible-Equity is 9.00. EuroDry's value of 1.09% is 87.9% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Return-on-Tangible-Equity for a Transportation company?
The median Return-on-Tangible-Equity among Transportation companies is 9.00, based on 975 companies in the industry. Companies in the top quartile (top 25%) have a Return-on-Tangible-Equity significantly above this median, while those in the bottom quartile fall well below. However, Return-on-Tangible-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. EuroDry's current Return-on-Tangible-Equity of 1.09% is 87.9% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Return-on-Tangible-Equity mean?
A high Return-on-Tangible-Equity can signal that a stock is expensive relative to its fundamentals. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on EuroDry and its competitors. For the Transportation industry, the median Return-on-Tangible-Equity is 9.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. EuroDry's current Return-on-Tangible-Equity is 1.09%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is EuroDry stock overvalued right now?
Based on GuruFocus' analysis, EuroDry (EDRY) is currently considered Significantly Overvalued. The stock's GF Value™ is $16.04, compared to a current price of $21.60 — trading 34.7% above its estimated fair value. The current Return-on-Tangible-Equity is 1.09% and 87.9% below the Transportation industry median of 9.00. EuroDry's overall GF Score™ is 59/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Return-on-Tangible-Equity calculated?
Return-on-Tangible-Equity is calculated from a company's financial statements. For EuroDry (EDRY), the current Return-on-Tangible-Equity is 1.09% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is EuroDry (EDRY) Overvalued in 2026?
Based on GuruFocus' analysis, EuroDry stock appears to be overvalued.
The current stock price of $21.60 is trading 34.7% above its estimated GF Value™ of $16.04.
GuruFocus considers EuroDry to be Significantly Overvalued.
Key valuation signals for EDRY:
Return-on-Tangible-Equity: 1.09%
GF Value™: $16.04 vs. price of $21.60 (34.7% above fair value)
Industry Position: 87.9% below the Transportation median (#816 of 975)
No single metric tells the full story. See the EDRY stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
EuroDry Ltd is a holding company. It is a provider of ocean-going transportation. The company owns and operates dry bulk carriers that transport bulk such as iron ore, coal, and grains, and minor bulks such as bauxite, phosphate, and fertilizers. It operates under one operating and one reportable segment, that of operating dry bulk vessels.
59GF Score
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