Okeanis Eco Tankers (ECO) and Its Peers Head-To-Head Survey
by Michael Walen · The Markets DailyOkeanis Eco Tankers (NYSE:ECO – Get Free Report) is one of 55 publicly-traded companies in the “Deep sea foreign transportation of freight” industry, but how does it compare to its peers? We will compare Okeanis Eco Tankers to related companies based on the strength of its risk, profitability, analyst recommendations, dividends, valuation, earnings and institutional ownership.
Valuation & Earnings
This table compares Okeanis Eco Tankers and its peers top-line revenue, earnings per share (EPS) and valuation.
| Gross Revenue | Net Income | Price/Earnings Ratio | |
| Okeanis Eco Tankers | $403.85 million | $145.25 million | 8.22 |
| Okeanis Eco Tankers Competitors | $795.07 million | $124.46 million | 13.57 |
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.
Insider and Institutional Ownership
43.5% of shares of all “Deep sea foreign transportation of freight” companies are owned by institutional investors. 15.5% 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, endowments and large money managers believe a stock is poised for long-term growth.
Profitability
This table compares Okeanis Eco Tankers and its peers’ 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 | 31.79% | 16.24% | 8.43% |
Analyst Ratings
This is a breakdown of current ratings and target prices for Okeanis Eco Tankers and its peers, 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 | 262 | 1569 | 1841 | 79 | 2.46 |
Okeanis Eco Tankers currently has a consensus price target of $44.00, suggesting a potential upside of 27.72%. As a group, “Deep sea foreign transportation of freight” companies have a potential upside of 21.85%. Given Okeanis Eco Tankers’ stronger consensus rating and higher possible upside, analysts plainly believe Okeanis Eco Tankers is more favorable than its peers.
Dividends
Okeanis Eco Tankers pays an annual dividend of $4.40 per share and has a dividend yield of 12.8%. 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 39.6% of their earnings in the form of a dividend.
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.