Okeanis Eco Tankers (NYSE:ECO) vs. Toro (NASDAQ:TORO) Financial Analysis

Toro (NASDAQ:TOROGet Free Report) and Okeanis Eco Tankers (NYSE:ECOGet Free Report) are both small-cap transportation companies, but which is the better business? We will contrast the two businesses based on the strength of their institutional ownership, risk, earnings, valuation, profitability, analyst recommendations and dividends.

Risk and Volatility

Toro has a beta of 1.3, meaning that its share price is 30% more volatile than the S&P 500. Comparatively, Okeanis Eco Tankers has a beta of 0.57, meaning that its share price is 43% less volatile than the S&P 500.

Earnings & Valuation

This table compares Toro and Okeanis Eco Tankers”s gross revenue, earnings per share and valuation.

Gross Revenue Price/Sales Ratio Net Income Earnings Per Share Price/Earnings Ratio
Toro $80.63 million 0.58 $140.64 million $1.06 2.33
Okeanis Eco Tankers $393.23 million 1.87 $145.25 million $3.38 6.75

Okeanis Eco Tankers has higher revenue and earnings than Toro. Toro is trading at a lower price-to-earnings ratio than Okeanis Eco Tankers, indicating that it is currently the more affordable of the two stocks.

Profitability

This table compares Toro and Okeanis Eco Tankers’ net margins, return on equity and return on assets.

Net Margins Return on Equity Return on Assets
Toro 176.49% 17.16% 10.30%
Okeanis Eco Tankers 27.68% 25.40% 9.58%

Analyst Ratings

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

Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Toro 0 0 0 0 0.00
Okeanis Eco Tankers 0 0 1 0 3.00

Okeanis Eco Tankers has a consensus price target of $40.00, indicating a potential upside of 75.29%. Given Okeanis Eco Tankers’ stronger consensus rating and higher possible upside, analysts plainly believe Okeanis Eco Tankers is more favorable than Toro.

Institutional & Insider Ownership

1.7% of Toro shares are held by institutional investors. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a company is poised for long-term growth.

Summary

Okeanis Eco Tankers beats Toro on 9 of the 13 factors compared between the two stocks.

About Toro

(Get Free Report)

Toro Corp., a shipping company, acquires, owns, charters, and operates oceangoing tanker vessels and provides seaborne transportation services for crude oil LPG, and refined petroleum products worldwide. The company operates in three segments: Aframax/LR2 Tanker, Handysize Tanker, and LPG Carrier. As of December 31, 2023, it operated a fleet of one Handysize tanker vessel; one Aframax/LR2 vessel; and four LPG carrier vessels with an aggregate cargo carrying capacity of 0.1 million deadweight ton. Toro Corp. was incorporated in 2022 and is based in Limassol, Cyprus.

About Okeanis Eco Tankers

(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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