Eagle Bulk Shipping Valuation
Is EGLE undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score
2/6Valuation Score 2/6
Below Fair Value
Significantly Below Fair Value
Price-To-Earnings vs Peers
Price-To-Earnings vs Industry
Price-To-Earnings vs Fair Ratio
Analyst Forecast
Share Price vs Fair Value
What is the Fair Price of EGLE when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: EGLE ($62.6) is trading below our estimate of fair value ($207.3)
Significantly Below Fair Value: EGLE is trading below fair value by more than 20%.
Key Valuation Metric
Which metric is best to use when looking at relative valuation for EGLE?
Key metric: As EGLE is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.
| What is EGLE's PE Ratio? | |
|---|---|
| PE Ratio | 30.5x |
| Earnings | US$22.73m |
| Market Cap | US$693.16m |
| Key Statistics | |
|---|---|
| Enterprise Value/Revenue | 2.7x |
| Enterprise Value/EBITDA | 14.6x |
| PEG Ratio | 0.7x |
Price to Earnings Ratio vs Peers
How does EGLE's PE Ratio compare to its peers?
| Company | Forward PE | Estimated Growth | Market Cap |
|---|---|---|---|
| Peer Average | 27.7x | ||
GSL Global Ship Lease | 2.6x | -8.4% | US$838.2m |
GNK Genco Shipping & Trading | 11x | -4.5% | US$755.1m |
SB Safe Bulkers | 4.8x | 7.5% | US$455.9m |
CCEC Capital Clean Energy Carriers | 92.5x | 39.9% | US$1.1b |
EGLE Eagle Bulk Shipping | 30.5x | 43.8% | US$693.2m |
Price-To-Earnings vs Peers: EGLE is expensive based on its Price-To-Earnings Ratio (30.5x) compared to the peer average (9.6x).
Price to Earnings Ratio vs Industry
How does EGLE's PE Ratio compare vs other companies in the US Shipping Industry?
Price-To-Earnings vs Industry: EGLE is expensive based on its Price-To-Earnings Ratio (30.5x) compared to the US Shipping industry average (8.1x).
Price to Earnings Ratio vs Fair Ratio
What is EGLE's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.
| Fair Ratio | |
|---|---|
| Current PE Ratio | 30.5x |
| Fair PE Ratio | 21.2x |
Price-To-Earnings vs Fair Ratio: EGLE is expensive based on its Price-To-Earnings Ratio (30.5x) compared to the estimated Fair Price-To-Earnings Ratio (21.2x).
Analyst Price Targets
What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?
| Date | Share Price | Average 1Y Price Target | Dispersion | High | Low | 1Y Actual price | Analysts |
|---|---|---|---|---|---|---|---|
| Current | n/a | US$56.44 0% | 6.7% | US$63.50 | US$52.00 | n/a | 8 |
| Nov ’25 | n/a | US$56.44 0% | 6.7% | US$63.50 | US$52.00 | n/a | 8 |
| Oct ’25 | n/a | US$56.44 0% | 6.7% | US$63.50 | US$52.00 | n/a | 8 |
| Sep ’25 | n/a | US$56.44 0% | 6.7% | US$63.50 | US$52.00 | n/a | 8 |
| Aug ’25 | n/a | US$56.44 0% | 6.7% | US$63.50 | US$52.00 | n/a | 8 |
| Jul ’25 | n/a | US$56.44 0% | 6.7% | US$63.50 | US$52.00 | n/a | 8 |
| Jun ’25 | n/a | US$56.44 0% | 6.7% | US$63.50 | US$52.00 | n/a | 8 |
| May ’25 | n/a | US$56.44 0% | 6.7% | US$63.50 | US$52.00 | n/a | 8 |
| Apr ’25 | US$61.77 | US$56.44 -8.6% | 6.7% | US$63.50 | US$52.00 | n/a | 8 |
| Mar ’25 | US$62.98 | US$56.03 -11.0% | 6.4% | US$62.00 | US$52.00 | n/a | 8 |
| Feb ’25 | US$53.97 | US$54.02 +0.1% | 6.0% | US$60.00 | US$48.00 | n/a | 9 |
| Jan ’25 | US$55.40 | US$53.91 -2.7% | 6.0% | US$60.00 | US$48.00 | n/a | 9 |
| Dec ’24 | US$47.87 | US$58.33 +21.9% | 19.9% | US$84.00 | US$45.00 | n/a | 9 |
| Nov ’24 | US$40.93 | US$61.25 +49.6% | 17.9% | US$84.00 | US$48.00 | n/a | 8 |
| Oct ’24 | US$42.03 | US$61.25 +45.7% | 17.9% | US$84.00 | US$48.00 | n/a | 8 |
| Sep ’24 | US$44.03 | US$62.25 +41.4% | 16.2% | US$84.00 | US$52.00 | n/a | 8 |
| Aug ’24 | US$45.65 | US$63.63 +39.4% | 15.9% | US$84.00 | US$52.00 | n/a | 8 |
| Jul ’24 | US$48.04 | US$67.25 +40.0% | 13.4% | US$84.00 | US$55.00 | n/a | 8 |
| Jun ’24 | US$40.38 | US$67.88 +68.1% | 12.2% | US$84.00 | US$60.00 | n/a | 8 |
| May ’24 | US$43.76 | US$69.88 +59.7% | 9.8% | US$84.00 | US$61.00 | n/a | 8 |
| Apr ’24 | US$45.50 | US$71.63 +57.4% | 11.6% | US$85.00 | US$61.00 | US$61.77 | 8 |
| Mar ’24 | US$65.72 | US$70.38 +7.1% | 12.8% | US$85.00 | US$60.00 | US$62.98 | 8 |
| Feb ’24 | US$56.80 | US$70.38 +23.9% | 12.8% | US$85.00 | US$60.00 | US$53.97 | 8 |
| Jan ’24 | US$49.94 | US$67.25 +34.7% | 17.5% | US$85.00 | US$48.00 | US$55.40 | 8 |
| Dec ’23 | US$49.91 | US$67.25 +34.7% | 17.5% | US$85.00 | US$48.00 | US$47.87 | 8 |
| Nov ’23 | US$49.47 | US$68.63 +38.7% | 17.3% | US$85.00 | US$48.00 | US$40.93 | 8 |
Analyst Forecast: Target price is lower than the current share price.