Okeanis Eco Tankers (NYSE:ECO – Get Free Report) is one of 56 public companies in the “Deep sea foreign transportation of freight” industry, but how does it contrast to its rivals? We will compare Okeanis Eco Tankers to similar businesses based on the strength of its earnings, analyst recommendations, valuation, risk, dividends, profitability and institutional ownership.
Profitability
This table compares Okeanis Eco Tankers and its rivals’ 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 | 31.90% | 16.25% | 8.53% |
Insider and Institutional Ownership
45.2% 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 company will outperform the market over the long term.
Dividends
Analyst Ratings
This is a breakdown of recent recommendations and price targets for Okeanis Eco Tankers and its rivals, as reported 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 | 261 | 1560 | 1841 | 76 | 2.46 |
Okeanis Eco Tankers presently has a consensus target price of $44.00, suggesting a potential upside of 34.85%. As a group, “Deep sea foreign transportation of freight” companies have a potential upside of 20.43%. Given Okeanis Eco Tankers’ stronger consensus rating and higher probable upside, analysts plainly believe Okeanis Eco Tankers is more favorable than its rivals.
Valuation & Earnings
This table compares Okeanis Eco Tankers and its rivals gross revenue, earnings per share (EPS) and valuation.
Gross Revenue | Net Income | Price/Earnings Ratio | |
Okeanis Eco Tankers | $403.85 million | $145.25 million | 7.79 |
Okeanis Eco Tankers Competitors | $780.87 million | $123.40 million | 13.54 |
Okeanis Eco Tankers’ rivals have higher revenue, but lower earnings than Okeanis Eco Tankers. Okeanis Eco Tankers is trading at a lower price-to-earnings ratio than its rivals, indicating that it is currently more affordable than other companies in its industry.
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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