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 contrast to its peers? We will compare Okeanis Eco Tankers to related businesses based on the strength of its analyst recommendations, dividends, profitability, institutional ownership, risk, valuation and earnings.
Earnings and Valuation
This table compares Okeanis Eco Tankers and its peers gross revenue, earnings per share and valuation.
Gross Revenue | Net Income | Price/Earnings Ratio | |
Okeanis Eco Tankers | $403.85 million | $145.25 million | 6.92 |
Okeanis Eco Tankers Competitors | $703.26 million | $123.43 million | 11.24 |
Okeanis Eco Tankers’ peers have higher revenue, but lower earnings than Okeanis Eco Tankers. Okeanis Eco Tankers is trading at a lower price-to-earnings ratio than its peers, indicating that it is currently more affordable than other companies in its industry.
Profitability
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% |
Insider & Institutional Ownership
45.4% of shares of all “Deep sea foreign transportation of freight” companies are owned by institutional investors. 14.1% of shares of all “Deep sea foreign transportation of freight” companies are owned by insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a stock will outperform the market over the long term.
Dividends
Okeanis Eco Tankers pays an annual dividend of $4.40 per share and has a dividend yield of 15.2%. 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 5.7% and pay out 34.8% of their earnings in the form of a dividend.
Analyst Ratings
This is a breakdown of current ratings and target prices for Okeanis Eco Tankers and its peers, as provided 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 | 257 | 1480 | 1745 | 82 | 2.46 |
Okeanis Eco Tankers presently has a consensus target price of $44.00, indicating a potential upside of 51.72%. As a group, “Deep sea foreign transportation of freight” companies have a potential upside of 30.97%. Given Okeanis Eco Tankers’ stronger consensus rating and higher probable upside, analysts plainly believe Okeanis Eco Tankers is more favorable than its peers.
About Okeanis Eco Tankers
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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