Head to Head Survey: Okeanis Eco Tankers (ECO) & Its Competitors

Okeanis Eco Tankers (NYSE:ECOGet Free Report) is one of 55 public companies in the “Deep sea foreign transportation of freight” industry, but how does it compare to its competitors? We will compare Okeanis Eco Tankers to similar businesses based on the strength of its profitability, risk, analyst recommendations, earnings, institutional ownership, valuation and dividends.

Valuation & Earnings

This table compares Okeanis Eco Tankers and its competitors revenue, earnings per share (EPS) and valuation.

Gross Revenue Net Income Price/Earnings Ratio
Okeanis Eco Tankers $403.85 million $145.25 million 8.22
Okeanis Eco Tankers Competitors $789.98 million $124.46 million 13.57

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 12.8%. 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 5.4% and pay out 39.6% of their earnings in the form of a dividend.

Analyst Recommendations

This is a summary of current ratings and price targets 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 262 1568 1841 79 2.46

Okeanis Eco Tankers presently has a consensus target price of $44.00, suggesting a potential upside of 27.72%. As a group, “Deep sea foreign transportation of freight” companies have a potential upside of 21.85%. Given Okeanis Eco Tankers’ stronger consensus rating and higher possible upside, equities research analysts clearly believe Okeanis Eco Tankers is more favorable than its competitors.

Institutional and Insider Ownership

43.5% of shares of all “Deep sea foreign transportation of freight” companies are owned by institutional investors. 15.5% 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 is poised for long-term growth.

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 31.79% 16.24% 8.43%

Okeanis Eco Tankers Company Profile

(Get Free Report)

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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