Analysis of Okeanis Eco Tankers (ECO) versus its rivals

Okeanis Eco Tankers (NYSE:ECO – Get Free Report) is one of 55 publicly traded companies in the “Foreign Deep Sea Cargo” industry, but how does it stack up against its competitors? We will compare Okeanis Eco Tankers to similar companies based on the strength of its earnings, risk, valuation, dividends, profitability, institutional ownership and analyst recommendations.

return

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

Earnings and Rating

This table compares Okeanis Eco Tankers’ revenue, earnings per share and valuation to its competitors.

Okeanis Eco Tankers’ competitors have higher revenue, but lower earnings than Okeanis Eco Tankers. Okeanis Eco Tankers is trading at a lower price-to-earnings ratio than its competitors, indicating that it is currently more affordable than other companies in its industry.

Institutional and privileged ownership

43.5% of shares of all “Foreign Deep Sea Freight” companies are held by institutional investors. 15.5% of shares in all “Foreign Deep Sea Freight” companies are owned by insiders. Strong institutional ownership is an indication that endowments, big money managers and hedge funds believe a company will outperform the market over the long term.

Analyst recommendations

This is a breakdown of current ratings and price targets for Okeanis Eco Tankers and its competitors, as reported by MarketBeat.com.

Okeanis Eco Tankers currently has a consensus target price of $44.00, indicating a potential upside of 33.01%. As a group, “Foreign Deep Sea Freight” companies have a potential growth of 20.79%. Given Okeanis Eco Tankers’ stronger consensus rating and higher probable upside, equities analysts clearly believe Okeanis Eco Tankers is more favorable than its competitors.

dividends

Okeanis Eco Tankers pays an annual dividend of $4.40 per share and has a dividend yield of 13.3%. Okeanis Eco Tankers pays 105.0% of its earnings as dividends, suggesting that it may not have enough income to cover its dividend payout in the future. As a group, Foreign Deep Sea Freight companies pay a dividend yield of 5.4% and pay 39.6% of their earnings as dividends.

Okeanis Eco Tankers Company Profile

(Get a free report)

Okeanis Eco Tankers Corp., a shipping company, owns and operates tankers worldwide. It offers a fleet of 14 tankers, comprising six modern Suezmax tankers and eight modern VLCC tankers which focus on the transportation of crude oil. The company was founded in 2018 and is based in Neo Faliro, Greece.

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