Financial Contrast: Okeanis Eco Tankers (NYSE:ECO) versus Globus Maritime (NASDAQ:GLBS)

Okeanis Eco Tankers (NYSE:ECO) and Globus Maritime (NASDAQ:GLBS) are both transportation companies, but which is the better business? We will compare the two businesses based on the strength of their risk, analyst recommendations, earnings, dividends, profitability, institutional ownership and valuation.

Profitability

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

	Net Margins	Return on Equity	Return on Assets
Okeanis Eco Tankers	29.25%	27.19%	10.14%
Globus Maritime	8.44%	0.74%	0.53%

Analyst Ratings

This is a summary of recent recommendations and price targets for Okeanis Eco Tankers and Globus Maritime, 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
Globus Maritime	0	0	0	0	0.00

Okeanis Eco Tankers currently has a consensus price target of $40.00, indicating a potential upside of 67.50%. Given Okeanis Eco Tankers’ stronger consensus rating and higher possible upside, analysts plainly believe Okeanis Eco Tankers is more favorable than Globus Maritime.

Valuation and Earnings

This table compares Okeanis Eco Tankers and Globus Maritime”s top-line revenue, earnings per share (EPS) and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
Okeanis Eco Tankers	$399.71 million	1.92	$145.25 million	$3.63	6.58
Globus Maritime	$31.20 million	N/A	$5.27 million	$0.14	9.36

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

Insider and Institutional Ownership

31.6% of Globus Maritime shares are owned by institutional investors. 59.2% of Globus Maritime shares are owned by company insiders. 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 Globus Maritime on 9 of the 12 factors compared between the two stocks.

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.

About Globus Maritime

Globus Maritime Limited, an integrated dry bulk shipping company, provides marine transportation services worldwide. It owns, operates, and manages a fleet of dry bulk vessels that transport iron ore, coal, grain, steel products, cement, alumina, and other dry bulk cargoes. As of September 20, 2024, the company operated eight dry bulk vessels with a total carrying capacity of 571,313 deadweight tonnage. It charters its vessels to operators, trading houses, shipping companies and producers, and government-owned entities. The company was incorporated in 2006 and is based in Athens, Greece. Globus Maritime Limited is a subsidiary of Firment Trading Limited.