Head-To-Head Analysis: Okeanis Eco Tankers (ECO) versus Its Competitors

Okeanis Eco Tankers (NYSE:ECO) is one of 53 publicly-traded 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 dividends, risk, institutional ownership, earnings, profitability, analyst recommendations and valuation.

Insider and Institutional Ownership

44.5% of shares of all “Deep sea foreign transportation of freight” companies are held by institutional investors. 14.2% of shares of all “Deep sea foreign transportation of freight” companies are held by company insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a stock will outperform the market over the long term.

Analyst Ratings

This is a breakdown of recent ratings and recommmendations 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	255	1472	1744	82	2.47

Okeanis Eco Tankers presently has a consensus price target of $44.00, suggesting a potential upside of 42.26%. As a group, “Deep sea foreign transportation of freight” companies have a potential upside of 28.77%. Given Okeanis Eco Tankers’ stronger consensus rating and higher probable upside, equities analysts clearly believe Okeanis Eco Tankers is more favorable than its rivals.

Earnings and Valuation

This table compares Okeanis Eco Tankers and its rivals revenue, earnings per share and valuation.

	Gross Revenue	Net Income	Price/Earnings Ratio
Okeanis Eco Tankers	$403.85 million	$145.25 million	7.38
Okeanis Eco Tankers Competitors	$719.52 million	$123.43 million	11.66

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.

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	31.54%	16.15%	8.27%

Dividends

Okeanis Eco Tankers pays an annual dividend of $4.40 per share and has a dividend yield of 14.2%. 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 34.4% of their earnings in the form of a dividend.

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.