Aristides Pittas - Euroseas Chairman, CEO and Pres

ESEA Stock  USD 38.67  0.71  1.80%   

Chairman

Mr. Aristides P. Pittas is Vice Chairman of the Board of Euroseas Ltd. Mr. Pittas was a shareholder in over 100 oceangoing vessels during the last 20 years. Since February 1989, Mr. Pittas was the Vice President of Oceanbulk Maritime SA, a ship management company. From November 1987 to February 1989, Mr. Pittas was employed in the supply department of Drytank SA, a shipping company. From November 1981 to June 1985, Mr. Pittas was employed at Trust Marine Enterprises, a brokerage house as a sale and purchase broker. From September 1979 to November 1981, Mr. Pittas worked at Gourdomichalis Maritime SA in the operation and Freight Collection department. Mr. Pittas has a B.Sc in Economics from Athens School of Economics. since 2005.
Age 64
Tenure 19 years
Address 4 Messogiou & Evropis Street, Marousi, Greece, 151 24
Phone30 211 18 04 005
Webhttps://www.euroseas.gr
Pittas has a B.Sc. in Marine Engineering from University of Newcastle UponTyne and a MSc in both Ocean Systems Management and Naval Architecture and Marine Engineering from the Massachusetts Institute of Technology.

Euroseas Management Efficiency

The company has return on total asset (ROA) of 0.152 % which means that it generated a profit of $0.152 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of 0.4384 %, meaning that it created $0.4384 on every $100 dollars invested by stockholders. Euroseas' management efficiency ratios could be used to measure how well Euroseas manages its routine affairs as well as how well it operates its assets and liabilities. The current year's Return On Tangible Assets is expected to grow to 0.28. The current year's Return On Capital Employed is expected to grow to 0.34. At present, Euroseas' Non Currrent Assets Other are projected to increase significantly based on the last few years of reporting. The current year's Total Current Assets is expected to grow to about 69.3 M, whereas Total Assets are forecasted to decline to about 219.4 M.
Euroseas currently holds 130 M in liabilities with Debt to Equity (D/E) ratio of 0.75, which is about average as compared to similar companies. Euroseas has a current ratio of 0.61, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Note, when we think about Euroseas' use of debt, we should always consider it together with its cash and equity.

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Euroseas Ltd. provides ocean-going transportation services worldwide. The company was incorporated in 2005 and is based in Marousi, Greece. Euroseas is traded on NASDAQ Exchange in the United States. Euroseas (ESEA) is traded on NASDAQ Exchange in USA. It is located in 4 Messogiou & Evropis Street, Marousi, Greece, 151 24 and employs 5 people. Euroseas is listed under Marine Transportation category by Fama And French industry classification.

Management Performance

Euroseas Leadership Team

Elected by the shareholders, the Euroseas' board of directors comprises two types of representatives: Euroseas inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Euroseas. The board's role is to monitor Euroseas' management team and ensure that shareholders' interests are well served. Euroseas' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Euroseas' outside directors are responsible for providing unbiased perspectives on the board's policies.
Markos Vasilikos, Managing Eurobulk
Symeon Pariaros, Chief Officer
Aristides Pittas, Chairman, CEO and Pres
Stephania Karmiri, Secretary
Anastasios Aslidis, CFO, Treasurer and Director

Euroseas Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Euroseas a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Also Currently Popular

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When determining whether Euroseas offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Euroseas' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Euroseas Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Euroseas Stock:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Euroseas. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.
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Is Marine Transportation space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Euroseas. If investors know Euroseas will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Euroseas listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.407
Earnings Share
16.28
Revenue Per Share
29.676
Quarterly Revenue Growth
0.231
Return On Assets
0.152
The market value of Euroseas is measured differently than its book value, which is the value of Euroseas that is recorded on the company's balance sheet. Investors also form their own opinion of Euroseas' value that differs from its market value or its book value, called intrinsic value, which is Euroseas' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Euroseas' market value can be influenced by many factors that don't directly affect Euroseas' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Euroseas' value and its price as these two are different measures arrived at by different means. Investors typically determine if Euroseas is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Euroseas' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.