Eurodry Stock Price To Book

EDRY Stock

USD 13.80 0.15 1.10%

EuroDry fundamentals help investors to digest information that contributes to EuroDry's financial success or failures. It also enables traders to predict the movement of EuroDry Stock. The fundamental analysis module provides a way to measure EuroDry's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to EuroDry stock.

Short Long Term Debt Total Total Assets

Price To Book Ratio is likely to drop to 0.47 in 2024.

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EuroDry Company Price To Book Analysis

EuroDry's Price to Book (P/B) ratio is used to relate a company book value to its current market price. A high P/B ratio indicates that investors expect executives to generate more returns on their investments from a given set of assets. Book value is the accounting value of assets minus liabilities.

P/B

MV Per Share

BV Per Share

More About Price To Book | All Equity Analysis

Current EuroDry Price To Book

0.37 X

Most of EuroDry's fundamental indicators, such as Price To Book, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, EuroDry is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

EuroDry Price To Book Driver Correlations

Understanding the fundamental principles of building solid financial models for EuroDry is extremely important. It helps to project a fair market value of EuroDry Stock properly, considering its historical fundamentals such as Price To Book. Since EuroDry's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of EuroDry's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of EuroDry's interrelated accounts and indicators.

	Total Assets	Total Stockholder Equity	Net Tangible Assets	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Long Term Debt	Net Receivables	Short Term Investments	Long Term Debt Total	Total Liab	Deferred Long Term Liab	Short Long Term Debt	Total Current Assets	Short Term Debt	Common Stock	Property Plant Equipment	Net Invested Capital	Long Term Investments	Net Working Capital	Capital Surpluse	Capital Stock
Total Assets		0.98	0.91	0.49	0.87	0.89	0.88	0.95	0.8	0.9	0.8	0.97	-0.5	0.9	0.88	0.9	-0.77	0.98	0.99	-0.77	0.54	0.71	-0.91
Total Stockholder Equity	0.98		0.88	0.5	0.81	0.87	0.88	0.92	0.81	0.86	0.83	0.91	-0.43	0.93	0.93	0.93	-0.83	0.98	0.98	-0.83	0.61	0.6	-0.9
Net Tangible Assets	0.91	0.88		0.43	0.75	0.98	0.96	0.83	0.7	0.78	0.64	0.9	-0.77	0.8	0.8	0.79	-0.68	0.85	0.92	-0.68	0.45	0.8	-0.94
Current Deferred Revenue	0.49	0.5	0.43		0.38	0.36	0.27	0.58	0.11	0.43	0.51	0.49	-0.14	0.52	0.58	0.51	-0.57	0.54	0.53	-0.57	0.49	0.13	-0.67
Net Debt	0.87	0.81	0.75	0.38		0.65	0.75	0.94	0.71	0.99	0.87	0.87	-0.55	0.74	0.57	0.76	-0.8	0.9	0.82	-0.8	0.15	0.8	-0.69
Retained Earnings	0.89	0.87	0.98	0.36	0.65		0.94	0.77	0.72	0.68	0.53	0.88	-0.71	0.77	0.82	0.76	-0.57	0.8	0.91	-0.58	0.55	0.73	-0.92
Accounts Payable	0.88	0.88	0.96	0.27	0.75	0.94		0.79	0.74	0.79	0.67	0.84	-0.75	0.83	0.75	0.82	-0.71	0.84	0.88	-0.72	0.35	0.78	-0.87
Long Term Debt	0.95	0.92	0.83	0.58	0.94	0.77	0.79		0.74	0.94	0.89	0.93	-0.5	0.8	0.77	0.83	-0.84	0.96	0.93	-0.85	0.46	0.71	-0.84
Net Receivables	0.8	0.81	0.7	0.11	0.71	0.72	0.74	0.74		0.72	0.7	0.75	-0.37	0.74	0.74	0.8	-0.61	0.8	0.77	-0.62	0.53	0.5	-0.58
Short Term Investments	0.9	0.86	0.78	0.43	0.99	0.68	0.79	0.94	0.72		0.89	0.89	-0.53	0.81	0.64	0.83	-0.84	0.94	0.85	-0.84	0.19	0.77	-0.75
Long Term Debt Total	0.8	0.83	0.64	0.51	0.87	0.53	0.67	0.89	0.7	0.89		0.7	-0.33	0.8	0.68	0.85	-0.97	0.9	0.77	-0.97	0.34	0.47	-0.66
Total Liab	0.97	0.91	0.9	0.49	0.87	0.88	0.84	0.93	0.75	0.89	0.7		-0.56	0.81	0.78	0.81	-0.65	0.93	0.96	-0.66	0.46	0.8	-0.89
Deferred Long Term Liab	-0.5	-0.43	-0.77	-0.14	-0.55	-0.71	-0.75	-0.5	-0.37	-0.53	-0.33	-0.56		-0.37	-0.26	-0.37	0.39	-0.44	-0.49	0.4	0.08	-0.85	0.61
Short Long Term Debt	0.9	0.93	0.8	0.52	0.74	0.77	0.83	0.8	0.74	0.81	0.8	0.81	-0.37		0.89	0.99	-0.82	0.92	0.89	-0.82	0.49	0.48	-0.85
Total Current Assets	0.88	0.93	0.8	0.58	0.57	0.82	0.75	0.77	0.74	0.64	0.68	0.78	-0.26	0.89		0.89	-0.71	0.86	0.9	-0.71	0.83	0.33	-0.87
Short Term Debt	0.9	0.93	0.79	0.51	0.76	0.76	0.82	0.83	0.8	0.83	0.85	0.81	-0.37	0.99	0.89		-0.86	0.94	0.88	-0.86	0.51	0.47	-0.82
Common Stock	-0.77	-0.83	-0.68	-0.57	-0.8	-0.57	-0.71	-0.84	-0.61	-0.84	-0.97	-0.65	0.39	-0.82	-0.71	-0.86		-0.87	-0.76	1.0	-0.34	-0.44	0.72
Property Plant Equipment	0.98	0.98	0.85	0.54	0.9	0.8	0.84	0.96	0.8	0.94	0.9	0.93	-0.44	0.92	0.86	0.94	-0.87		0.96	-0.87	0.5	0.64	-0.87
Net Invested Capital	0.99	0.98	0.92	0.53	0.82	0.91	0.88	0.93	0.77	0.85	0.77	0.96	-0.49	0.89	0.9	0.88	-0.76	0.96		-0.76	0.6	0.68	-0.94
Long Term Investments	-0.77	-0.83	-0.68	-0.57	-0.8	-0.58	-0.72	-0.85	-0.62	-0.84	-0.97	-0.66	0.4	-0.82	-0.71	-0.86	1.0	-0.87	-0.76		-0.34	-0.44	0.72
Net Working Capital	0.54	0.61	0.45	0.49	0.15	0.55	0.35	0.46	0.53	0.19	0.34	0.46	0.08	0.49	0.83	0.51	-0.34	0.5	0.6	-0.34		-0.07	-0.56
Capital Surpluse	0.71	0.6	0.8	0.13	0.8	0.73	0.78	0.71	0.5	0.77	0.47	0.8	-0.85	0.48	0.33	0.47	-0.44	0.64	0.68	-0.44	-0.07		-0.65
Capital Stock	-0.91	-0.9	-0.94	-0.67	-0.69	-0.92	-0.87	-0.84	-0.58	-0.75	-0.66	-0.89	0.61	-0.85	-0.87	-0.82	0.72	-0.87	-0.94	0.72	-0.56	-0.65

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EuroDry Price To Book Historical Pattern

Today, most investors in EuroDry Stock are looking for potential investment opportunities by analyzing not only static indicators but also various EuroDry's growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's price to book growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of EuroDry price to book as a starting point in their analysis.

EuroDry Price To Book

Timeline

Price to Book ratio is mostly used in financial services industries where assets and liabilities are typically represented by dollars. Although low Price to Book ratio generally implies that the firm is undervalued, it is often a good indicator that the company may be in financial or managerial distress and should be investigated more carefully.

Competition

Predict EuroDry

Price Book Value Ratio Over Time

EuroDry Book Value Per Share

Book Value Per Share

21.79

At this time, EuroDry's Book Value Per Share is fairly stable compared to the past year.

Based on the latest financial disclosure, EuroDry has a Price To Book of 0.3694 times. This is 93.74% lower than that of the Marine Transportation sector and significantly higher than that of the Industrials industry. The price to book for all United States stocks is 96.12% higher than that of the company.

EuroDry Price To Book Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses EuroDry's direct or indirect competition against its Price To Book to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of EuroDry could also be used in its relative valuation, which is a method of valuing EuroDry by comparing valuation metrics of similar companies.

EuroDry is currently under evaluation in price to book category among its peers.

EuroDry Current Valuation Drivers

We derive many important indicators used in calculating different scores of EuroDry from analyzing EuroDry's financial statements. These drivers represent accounts that assess EuroDry's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of EuroDry's important valuation drivers and their relationship over time.

	2019	2020	2021	2022	2023	2024 (projected)
Market Cap	17.6M	12.5M	48.1M	49.4M	52.6M	55.3M
Enterprise Value	68.7M	62.6M	99.9M	96.6M	148.6M	156.0M

EuroDry ESG Sustainability

Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, EuroDry's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to EuroDry's managers, analysts, and investors.

Environmental

Governance

Social

EuroDry Fundamentals

	Return On Equity	-0.0246
	Return On Asset	0.0152
	Profit Margin	(0.04) %
	Operating Margin	0.09 %
	Current Valuation	129.33 M
	Shares Outstanding	2.79 M
	Shares Owned By Insiders	53.24 %
	Shares Owned By Institutions	4.07 %
	Number Of Shares Shorted	687
	Price To Earning	0.93 X
	Price To Book	0.37 X
	Price To Sales	0.66 X
	Revenue	47.59 M
	Gross Profit	48.06 M
	EBITDA	14.38 M
	Net Income	(2.91 M)
	Cash And Equivalents	6.11 M
	Cash Per Share	2.05 X
	Total Debt	103.93 M
	Debt To Equity	0.69 %
	Current Ratio	0.55 X
	Book Value Per Share	38.72 X
	Cash Flow From Operations	11.81 M
	Short Ratio	0.19 X
	Earnings Per Share	(2.22) X
	Target Price	26.67
	Beta	0.8
	Market Capitalization	38.06 M
	Total Asset	231.05 M
	Retained Earnings	41.56 M
	Working Capital	(1.26 M)
	Current Asset	10.03 M
	Current Liabilities	10.5 M
	Net Asset	231.05 M

About EuroDry Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze EuroDry's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of EuroDry using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of EuroDry based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.

Please read more on our fundamental analysis page.

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Additional Tools for EuroDry Stock Analysis

When running EuroDry's price analysis, check to measure EuroDry's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy EuroDry is operating at the current time. Most of EuroDry's value examination focuses on studying past and present price action to predict the probability of EuroDry's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move EuroDry's price. Additionally, you may evaluate how the addition of EuroDry to your portfolios can decrease your overall portfolio volatility.

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