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Okeanis Eco Tankers Corp OET

Morningstar Rating
$370.00 +12.00 (3.35%)
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About Quantitative Ratings

Morningstar Quantitative Ratings for Stocks are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings. Companies with quantitative ratings are not formally covered by a Morningstar analyst, but are statistically matched to analyst-rated companies, allowing our models to calculate a quantitative moat, fair value, and uncertainty rating.

Price vs Fair Value

OET is trading at a 744% premium.
Price
NOK 371.06
Fair Value
NOK 437.23
Uncertainty
Very High
1-Star Price
NOK 663.97
5-Star Price
NOK 221.33
Economic Moat
Vccs
Capital Allocation
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News

Trading Information

Previous Close Price
$358.00
Day Range
$365.00372.50
52-Week Range
$214.50372.50
Bid/Ask
$357.00 / $379.00
Market Cap
$11.91 Bil
Volume/Avg
89,266 / 69,613

Key Statistics

Price/Earnings (Normalized)
8.41
Price/Sales
2.71
Dividend Yield (Trailing)
12.69%
Dividend Yield (Forward)
12.69%
Total Yield
25.25%

Company Profile

Okeanis Eco Tankers Corp owns and operates tanker vessels in Greece. The business of the company is to own, charter out, and operate tanker vessels. The company owns, through its vessel-owning subsidiaries, a fleet of around seven tanker vessels and has around eight tanker vessels on order. The sailing fleet consists of around six modern Suezmax tankers, and eight VLCC tankers.
Sector
Industrials
Industry
Marine Shipping
Stock Style Box
Small Core
Total Number of Employees
14

Comparables

Valuation

Metric
OET
GSL
NMM
Price/Earnings (Normalized)
8.413.013.56
Price/Book Value
2.570.800.51
Price/Sales
2.711.441.08
Price/Cash Flow
6.502.442.37
Price/Earnings
OET
GSL
NMM

Financial Strength

Metric
OET
GSL
NMM
Quick Ratio
1.550.560.74
Current Ratio
1.871.050.87
Interest Coverage
3.207.594.16
Quick Ratio
OET
GSL
NMM

Profitability

Metric
OET
GSL
NMM
Return on Assets (Normalized)
11.51%14.86%8.10%
Return on Equity (Normalized)
31.56%29.74%15.83%
Return on Invested Capital (Normalized)
14.79%18.14%12.81%
Return on Assets
OET
GSL
NMM
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Capital Allocation
Economic Moat
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NMPGY
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NPNYY
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NYUKF
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