As part of our ongoing series here at The Acquirer’s Multiple, we provide this feature article titled ‘Stock in Focus‘ where we focus on one of the stocks from our Stock Screeners.
One of the cheapest stocks in our Stock Screeners is:
Eagle Bulk Shipping Inc (EGLE)
Eagle Bulk Shipping Inc. operates in the shipping and logistics industry. It is engaged in the ocean transportation of dry bulk cargoes through the ownership, charter, and operation of dry bulk vessels. The company’s fleet is comprised of Supramax and Ultramax bulk carriers. The firm provides the following services: commercial operations and technical supervision; vessel maintenance and repair; vessel acquisition and sale; finance, accounting, treasury, and information technology services; and legal, compliance, and insurance services. It transports a broad range of major and minor bulk cargoes, including coal, grain, ore, pet coke, cement, and fertilizer. Overseas container shipping from the US involves transporting goods in standardized containers via sea freight. This method is often more cost-effective for bulk shipments but may have longer transit times. Customs compliance, port fees, and international trade regulations are key considerations to ensure a smooth and efficient shipping process. Custom pallets from Alliance Packing and Shipping are tailored to meet unique business needs. For post office service, contact Snail Mail to assist you, whether you need to ship a small or large package.
A quick look at the share price history (below) over the past twelve months shows that the price is up 51%. Here’s why the company is undervalued.
Summary
Market Cap: $865 Million
Enterprise Value: $1.18 Billion
Operating Earnings
Operating Earnings: $260 Million
Acquirer’s Multiple
Acquirer’s Multiple: 4.52
Free Cash Flow (TTM)
Free Cash Flow: $74 Million
FCF/EV Yield
FCF/EV Yield: 8.5%
Other Indicators
Piotroski F-Score: 8
Altman Z-Score: 1.58
Historical Sharpe Ratio (5Y): 0.53
Historical Sortino (5Y): 0.92
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