Okeanis Eco Tankers (NYSE:ECO – Get Free Report) is one of 53 public companies in the “Deep sea foreign transportation of freight” industry, but how does it weigh in compared to its competitors? We will compare Okeanis Eco Tankers to similar companies based on the strength of its dividends, valuation, earnings, analyst recommendations, risk, profitability and institutional ownership.
Profitability
This table compares Okeanis Eco Tankers and its competitors’ net margins, return on equity and return on assets.
Net Margins | Return on Equity | Return on Assets | |
Okeanis Eco Tankers | 30.17% | 28.35% | 10.54% |
Okeanis Eco Tankers Competitors | 31.84% | 16.33% | 8.42% |
Analyst Recommendations
This is a summary of current ratings and target prices for Okeanis Eco Tankers and its competitors, as provided by MarketBeat.
Sell Ratings | Hold Ratings | Buy Ratings | Strong Buy Ratings | Rating Score | |
Okeanis Eco Tankers | 0 | 0 | 1 | 0 | 3.00 |
Okeanis Eco Tankers Competitors | 257 | 1492 | 1773 | 82 | 2.47 |
Insider & Institutional Ownership
48.1% of shares of all “Deep sea foreign transportation of freight” companies are owned by institutional investors. 15.0% of shares of all “Deep sea foreign transportation of freight” companies are owned by company insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a stock will outperform the market over the long term.
Earnings and Valuation
This table compares Okeanis Eco Tankers and its competitors gross revenue, earnings per share and valuation.
Gross Revenue | Net Income | Price/Earnings Ratio | |
Okeanis Eco Tankers | $403.85 million | $145.25 million | 7.63 |
Okeanis Eco Tankers Competitors | $720.63 million | $125.08 million | 11.86 |
Okeanis Eco Tankers’ competitors have higher revenue, but lower earnings than Okeanis Eco Tankers. Okeanis Eco Tankers is trading at a lower price-to-earnings ratio than its competitors, indicating that it is currently more affordable than other companies in its industry.
Dividends
Okeanis Eco Tankers pays an annual dividend of $4.40 per share and has a dividend yield of 13.8%. Okeanis Eco Tankers pays out 105.0% of its earnings in the form of a dividend, suggesting it may not have sufficient earnings to cover its dividend payment in the future. As a group, “Deep sea foreign transportation of freight” companies pay a dividend yield of 5.5% and pay out 35.2% of their earnings in the form of a dividend.
Okeanis Eco Tankers Company Profile
Okeanis Eco Tankers Corp., a shipping company, owns and operates tanker vessels worldwide. It operates a fleet of 14 tanker vessels comprising six modern Suezmax tankers and eight modern VLCC tankers focusing on the transportation of crude oil. The company was incorporated in 2018 and is based in Neo Faliro, Greece.
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