Skip to Content

Okeanis Eco Tankers Corp OET

Morningstar Rating
$341.50 +11.50 (3.48%)
View Full Chart
Unlock our analysis with Morningstar Investor

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 5% discount.
Price
NOK 331.69
Fair Value
NOK 428.73
Uncertainty
High
1-Star Price
NOK 919.41
5-Star Price
NOK 267.54
Economic Moat
Hyqws
Capital Allocation
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

Trading Information

Previous Close Price
$330.00
Day Range
$330.00343.50
52-Week Range
$214.50348.50
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)
5.962.573.42
Price/Book Value
2.340.680.49
Price/Sales
2.361.231.03
Price/Cash Flow
4.782.082.27
Price/Earnings
OET
GSL
NMM

Financial Strength

Metric
OET
GSL
NMM
Quick Ratio
1.020.560.74
Current Ratio
1.301.050.87
Interest Coverage
4.017.594.16
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
See how this stock stacks up to its competitors with Morningstar Investor

Marine Shipping Industry Comparables

Ticker
Name
Morningstar Rating for Stocks
Capital Allocation
Economic Moat
Market Cap
HPGLY
Hapag-Lloyd AG ADRKmfczb$32.0 Bil
HLAGF
Hapag-Lloyd AGFvgjsc$31.6 Bil
CICOF
COSCO SHIPPING Holdings Co Ltd Class HPfqtsww$23.9 Bil
CICOY
COSCO SHIPPING Holdings Co Ltd ADRBtklzxf$23.5 Bil
AMKBF
A. P. Moller Maersk A/S Class BTqtzyhq$23.1 Bil
AMKBY
A. P. Moller Maersk A/S ADRYhcxqx$23.1 Bil
AMKAF
A. P. Moller Maersk A/S Class ALjvtrg$21.7 Bil
NYUKF
Nippon Yusen Kabushiki KaishaPkfq$12.4 Bil
NPNYY
Nippon Yusen Kabushiki Kaisha ADRKcmm$12.2 Bil
ICTEF
International Container Terminal Services IncYygktt$11.4 Bil

Sponsor Center