Okeanis Eco Tankers Corp OET
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.
Is it the right time to buy, sell, or hold?
Start a free trial of Morningstar Investor to unlock exclusive ratings and continuous analyst coverage to help you decide if OET is a good fit for your portfolio.
News
-
Okeanis Eco Tankers Corp. – Key Information relating to 4Q23 capital distribution
-
Okeanis Eco Tankers Corp. – Unaudited Condensed Financial Statements for the Fourth Quarter and Twelve Month Period of 2023
-
Okeanis Eco Tankers Corp. – Invitation to Q4 2023 Results Conference Call and Webcast
-
Okeanis Eco Tankers Corp. – New Financings Update
-
WEBINAR INVITATION | Okeanis Eco Tankers, Corp. (NYSE: ECO) (OSLO: OET) Live Investor Webinar on Friday, February 2, 2024 at 9:00 am ET
Trading Information
- Previous Close Price
- $330.00
- Day Range
- $330.00–343.50
- 52-Week Range
- $214.50–348.50
- Bid/Ask
- $325.50 / $344.50
- Market Cap
- $10.99 Bil
- Volume/Avg
- 63,627 / 67,991
Key Statistics
- Price/Earnings (Normalized)
- 5.96
- Price/Sales
- 2.36
- Dividend Yield (Trailing)
- 13.75%
- Dividend Yield (Forward)
- 13.75%
- Total Yield
- 29.10%
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 Growth
- Total Number of Employees
- 12
Comparables
Valuation
Metric
|
OET
|
GSL
|
NMM
|
---|---|---|---|
Price/Earnings (Normalized) | 5.96 | 2.57 | 3.42 |
Price/Book Value | 2.34 | 0.68 | 0.49 |
Price/Sales | 2.36 | 1.23 | 1.03 |
Price/Cash Flow | 4.78 | 2.08 | 2.27 |
Price/Earnings
OET
GSL
NMM
Financial Strength
Metric
|
OET
|
GSL
|
NMM
|
---|---|---|---|
Quick Ratio | 1.02 | 0.56 | 0.74 |
Current Ratio | 1.30 | 1.05 | 0.87 |
Interest Coverage | 4.01 | 7.59 | 4.16 |
Quick Ratio
OET
GSL
NMM
Profitability
Metric
|
OET
|
GSL
|
NMM
|
---|---|---|---|
Return on Assets (Normalized) | 14.76% | 15.75% | 8.10% |
Return on Equity (Normalized) | 41.56% | 31.52% | 15.83% |
Return on Invested Capital (Normalized) | 17.89% | 19.11% | 12.81% |
Return on Assets
OET
GSL
NMM
Marine Shipping Industry Comparables
Ticker
|
Name
|
Morningstar Rating for Stocks
|
Capital Allocation
|
Economic Moat
|
Market Cap
|
---|---|---|---|---|---|
HPGLY
| Hapag-Lloyd AG ADR | — | Kmfczb | $32.0 Bil | |
HLAGF
| Hapag-Lloyd AG | — | Fvgjsc | $31.6 Bil | |
CICOF
| COSCO SHIPPING Holdings Co Ltd Class H | — | Pfqtsww | $23.9 Bil | |
CICOY
| COSCO SHIPPING Holdings Co Ltd ADR | — | Btklzxf | $23.5 Bil | |
AMKBF
| A. P. Moller Maersk A/S Class B | — | Tqtzyhq | $23.1 Bil | |
AMKBY
| A. P. Moller Maersk A/S ADR | — | Yhcxqx | $23.1 Bil | |
AMKAF
| A. P. Moller Maersk A/S Class A | — | Ljvtrg | $21.7 Bil | |
NYUKF
| Nippon Yusen Kabushiki Kaisha | — | Pkfq | $12.4 Bil | |
NPNYY
| Nippon Yusen Kabushiki Kaisha ADR | — | Kcmm | $12.2 Bil | |
ICTEF
| International Container Terminal Services Inc | — | Yygktt | $11.4 Bil |