Analyzing Okeanis Eco Tankers (ECO) & Its Rivals

Okeanis Eco Tankers (NYSE:ECO) is one of 1,050 public companies in the “Oil, Gas & Consumable Fuels” industry, but how does it compare to its rivals? We will compare Okeanis Eco Tankers to similar companies based on the strength of its institutional ownership, earnings, analyst recommendations, dividends, risk, profitability and valuation.

Analyst Ratings

This is a summary of current 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	3	2	0	2.40
Okeanis Eco Tankers Competitors	6003	27073	40987	2438	2.52

Okeanis Eco Tankers presently has a consensus target price of $74.52, indicating a potential downside of 16.14%. As a group, “Oil, Gas & Consumable Fuels” companies have a potential upside of 26.22%. Given Okeanis Eco Tankers’ rivals stronger consensus rating and higher probable upside, analysts plainly believe Okeanis Eco Tankers has less favorable growth aspects than its rivals.

Dividends

Okeanis Eco Tankers pays an annual dividend of $28.00 per share and has a dividend yield of 31.5%. Okeanis Eco Tankers pays out 158.7% 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, “Oil, Gas & Consumable Fuels” companies pay a dividend yield of 9.0% and pay out -137.0% of their earnings in the form of a dividend.

Valuation & Earnings

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	$1.12 billion	$122.95 million	5.04
Okeanis Eco Tankers Competitors	$11.18 billion	$5.52 billion	-1.24

Okeanis Eco Tankers’ rivals have higher revenue and earnings than Okeanis Eco Tankers. Okeanis Eco Tankers is trading at a higher price-to-earnings ratio than its rivals, indicating that it is currently more expensive 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	60.65%	93.62%	47.41%
Okeanis Eco Tankers Competitors	-459.77%	19.40%	6.80%

Risk & Volatility

Okeanis Eco Tankers has a beta of -0.32, indicating that its share price is 132% less volatile than the S&P 500. Comparatively, Okeanis Eco Tankers’ rivals have a beta of -3.78, indicating that their average share price is 478% less volatile than the S&P 500.

Institutional & Insider Ownership

30.8% of shares of all “Oil, Gas & Consumable Fuels” companies are held by institutional investors. 15.3% of shares of all “Oil, Gas & Consumable Fuels” companies are held 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.

Summary

Okeanis Eco Tankers rivals beat Okeanis Eco Tankers on 9 of the 15 factors compared.

About Okeanis Eco Tankers

Okeanis Eco Tankers Corp. is a Greece-based shipping company that owns and operates crude oil tankers. Its fleet includes very large crude carriers (VLCCs) and Suezmax vessels, which transport crude oil between production regions and markets around the world. The company provides seaborne transportation services to energy companies and commodity traders, deploying its vessels through spot-market voyages and charter arrangements. Its ships are designed to meet modern efficiency and environmental standards.