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

Okeanis Eco Tankers (NYSE:ECO) is one of 1,051 public companies in the “Oil, Gas & Consumable Fuels” industry, but how does it contrast to its peers? We will compare Okeanis Eco Tankers to similar businesses based on the strength of its institutional ownership, risk, profitability, earnings, valuation, dividends and analyst recommendations.

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	56.92%	62.06%	30.15%
Okeanis Eco Tankers Competitors	-455.77%	19.32%	6.65%

Earnings and Valuation

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

	Gross Revenue	Net Income	Price/Earnings Ratio
Okeanis Eco Tankers	$391.55 million	$122.95 million	7.99
Okeanis Eco Tankers Competitors	$11.73 billion	$5.51 billion	-1.24

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

Institutional and Insider Ownership

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

Dividends

Okeanis Eco Tankers pays an annual dividend of $21.00 per share and has a dividend yield of 24.5%. Okeanis Eco Tankers pays out 195.9% 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 -135.3% of their earnings in the form of a dividend.

Analyst Ratings

This is a breakdown of recent ratings and price targets for Okeanis Eco Tankers and its peers, as provided by MarketBeat.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Okeanis Eco Tankers	0	4	2	0	2.33
Okeanis Eco Tankers Competitors	5998	27048	40916	2431	2.52

Okeanis Eco Tankers presently has a consensus price target of $67.85, indicating a potential downside of 20.74%. As a group, “Oil, Gas & Consumable Fuels” companies have a potential upside of 27.26%. Given Okeanis Eco Tankers’ peers stronger consensus rating and higher possible upside, analysts clearly believe Okeanis Eco Tankers has less favorable growth aspects than its peers.

Risk and Volatility

Okeanis Eco Tankers has a beta of -0.32, indicating that its stock price is 132% less volatile than the S&P 500. Comparatively, Okeanis Eco Tankers’ peers have a beta of -3.75, indicating that their average stock price is 475% less volatile than the S&P 500.

Summary

Okeanis Eco Tankers peers 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.