EuroDry Ltd
Research EuroDry Ltd (EDRY) on Bullrun: valuation model: 42.8% overvalued, market cap USD 168.33M, P/E 17.8. Explore financials, valuation history, model signals, and stock context.
Key Metrics
- TickerEDRY
- ExchangeNASDAQ
- CountryGreece
- SectorIndustrials
- IndustryMarine Shipping
- CurrencyUSD
- Valuation signal42.8% overvalued
- Market capUSD 168.33M
- P/E17.8
- Financial periodQ2 2026
- RevenueUSD 17.70M
- Net incomeUSD 6.59M
- Free cash flowUSD 10.19M
- Gross margin60.3%
Valuation Snapshot
Bullrun's latest valuation model marks EuroDry Ltd as 42.8% overvalued; latest market cap is USD 168.33M; P/E is 17.8.
Peer valuation comparison
Latest P/E is 17.79x versus a Industrials sector median of 21.26x (16.3% below).
Latest P/E is 17.79x versus a Greece median of 11.08x (60.6% above).
Five-year financial history
| Year | Revenue | Net income | Free cash flow | Gross margin | Diluted EPS | Cash | Total debt | Equity |
|---|---|---|---|---|---|---|---|---|
| FY2025 | USD 52.26M | -USD 3.79M | USD 5.40M | 12.3% | -1.55 | USD 20.32M | USD 102.88M | USD 93.27M |
| FY2024 | USD 61.08M | -USD 13.52M | -USD 3.92M | 11.3% | -4.62 | USD 6.71M | USD 107.19M | USD 96.74M |
| FY2023 | USD 47.59M | -USD 3.28M | -USD 53.50M | 17.8% | -1.05 | USD 8.00M | USD 103.93M | USD 109.66M |
| FY2022 | USD 74.57M | USD 33.54M | -USD 4.80M | 50.0% | 11.61 | USD 34.04M | USD 81.22M | USD 113.94M |
Valuation history
| Year | Snapshot date | Market cap | P/E | Dividend yield | Annual dividend/share |
|---|---|---|---|---|---|
| 2026 | 2026-10-09 | USD 168.33M | 17.8 | n/a | n/a |
| 2025 | 2025-12-31 | USD 37.09M | n/a | n/a | n/a |
| 2024 | 2024-12-31 | USD 31.66M | n/a | n/a | n/a |
| 2023 | 2023-12-29 | USD 53.07M | 18.5 | n/a | n/a |
| 2022 | 2022-12-30 | USD 49.44M | 1.2 | n/a | n/a |
| 2021 | 2021-12-31 | USD 55.58M | 1.8 | n/a | n/a |
About EuroDry Ltd
EuroDry Ltd., through its subsidiaries, provides ocean-going transportation services worldwide. The company owns and operates drybulk carriers that transport major bulks, such as iron ore, coal, and grains; and minor bulks, including bauxite, phosphate, and fertilizers.
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Frequently asked questions
Is EuroDry Ltd overvalued or undervalued?
Bullrun's valuation model currently marks EuroDry Ltd as 42.8% overvalued.
What is EuroDry Ltd's market cap?
EuroDry Ltd's market capitalization is USD 168.33M.
What is EuroDry Ltd's P/E ratio?
EuroDry Ltd's price-to-earnings (P/E) ratio is 17.8.
What does EuroDry Ltd do?
EuroDry Ltd., through its subsidiaries, provides ocean-going transportation services worldwide. The company owns and operates drybulk carriers that transport major bulks, such as iron ore, coal, and grains; and minor bulks, including bauxite, phosphate, and fertilizers. As of March 31, 2026, it operated through a fleet of 11 drybulk carriers comprising three Panamax drybulk carriers, two Kamsarmax drybulk carriers, five Ultramax drybulk carriers, and one Supramax drybulk carrier with a total cargo carrying capacity of 766,420 deadweight tons. EuroDry Ltd.