Okeanis Eco Tankers (ECO) and Its Competitors Financial Analysis

Okeanis Eco Tankers (NYSE:ECO) 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 related companies based on the strength of its earnings, dividends, profitability, institutional ownership, risk, analyst recommendations and valuation.

Analyst Recommendations

This is a summary of recent ratings and target prices for Okeanis Eco Tankers and its competitors, as reported by MarketBeat.com.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Okeanis Eco Tankers	0	0	1	0	3.00
Okeanis Eco Tankers Competitors	255	1472	1744	82	2.47

Okeanis Eco Tankers presently has a consensus price target of $44.00, suggesting a potential upside of 42.26%. As a group, “Deep sea foreign transportation of freight” companies have a potential upside of 28.77%. Given Okeanis Eco Tankers’ stronger consensus rating and higher probable upside, research analysts clearly believe Okeanis Eco Tankers is more favorable than its competitors.

Dividends

Okeanis Eco Tankers pays an annual dividend of $4.40 per share and has a dividend yield of 14.2%. 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 34.4% of their earnings in the form of a dividend.

Insider & Institutional Ownership

44.5% of shares of all “Deep sea foreign transportation of freight” companies are owned by institutional investors. 14.2% of shares of all “Deep sea foreign transportation of freight” companies are owned by insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a stock is poised for long-term growth.

Valuation & Earnings

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

	Gross Revenue	Net Income	Price/Earnings Ratio
Okeanis Eco Tankers	$403.85 million	$145.25 million	7.38
Okeanis Eco Tankers Competitors	$719.52 million	$123.43 million	11.66

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.

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	31.54%	16.15%	8.27%

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.