Discounted Cash Flow

Euroseas Ltd. Foreign

ESEA · Based on 10 years of SEC filings

Average annual growth rates

Metric 10-Year 5-Year 3-Year
Sales
Free Cash Flow
Average (FCF & NI)
Net Income

Average annual growth is the mean year-over-year change across each period.

Endpoint CAGR (better for long term trend)

Metric 10-Year 5-Year 3-Year
Sales
Free Cash Flow
Average (FCF & NI)
Net Income

Endpoint CAGR is the compound annual rate from the first to last year in each period.

Projections use average year-over-year growth. Change this in Settings.

Projected growth rate

Free cash flow growth
10-year: — 5-year: — 3-year: —
Averaged growth (FCF & NI)
10-year: — 5-year: — 3-year: —
Net income growth
10-year: — 5-year: — 3-year: —
Sales growth (not added to calculations)
10-year: — 5-year: — 3-year: —

Click a greyed-out slider to switch metrics. Slide between the 10-year, 5-year, and 3-year historic growth rates for FCF, net income, or their average.

%
%

Historical inputs (10 fiscal years)

YEAR Sales Net Income Free Cash Flow Net Margin EPS (diluted)
2016 $28.4m $-44.2m $-832.2k -155.6% $-5.63
2017 $42.9m (51.0%) $-6.1m (86.2%) $-31.7m (-3713.3%) -14.2% (90.9%) $-5.72 (-1.6%)
2018 $34.4m (-19.8%) $-663.4k (89.1%) $4.0m (112.5%) -1.9% (86.4%) $-1.02 (82.2%)
2019 $40.0m (16.3%) $-1.7m (-153.6%) $-1.7m (-142.4%) -4.2% (-118.2%) $-1.21 (-18.6%)
2020 $53.3m (33.2%) $4.0m (340.2%) $1.8m (204.7%) 7.6% (280.3%) $0.58 (147.9%)
2021 $93.9m (76.1%) $43.0m (963.1%) $-13.9m (-886.5%) 45.8% (503.5%) $6.07 (946.6%)
2022 $182.7m (94.6%) $106.2m (147.3%) $23.4m (268.8%) 58.2% (27.1%) $14.79 (143.7%)
2023 $189.4m (3.6%) $114.5m (7.8%) $17.7m (-24.3%) 60.5% (4.0%) $16.53 (11.8%)
2024 $212.9m (12.4%) $112.8m (-1.5%) $-50.8m (-386.5%) 53.0% (-12.4%) $16.25 (-1.7%)
2025 $227.9m (7.0%) $137.0m (21.5%) $64.1m (226.3%) 60.1% (13.5%) $19.73 (21.4%)

Base FCF: (latest fiscal year)

Discount rate: %

Terminal growth:

Projection period: years

Alt A decline yrs:

Alt B total yrs:

Projected cash flows

Year Projected cash flow Discount Factor Present Value

PV of projected FCF:

Terminal FCF:

Terminal value:

PV of terminal value:

Enterprise value (DCF):

DCF price per share:

Current price:

Alternative DCF Models

Model Fair Value Upside PV(FCFs) PV(Terminal) Total Years
Standard (10yr→TV) 10 + TV
Alt A (Gradual Decline)
Alt B (30yr Hard Stop) N/A

This is a simplified DCF model for illustration. It uses reported free cash flow, a single growth assumption, fixed WACC, and a Gordon Growth terminal value. It is not investment advice.

+ 10YR Financials Balance Sheet (10YR) Cash Flow (10YR) DCF Model