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Okeanis Eco Tankers Corp.OB:OET Stock Report

Market Cap NOK 9.4b
Share Price
NOK 292.00
My Fair Value
NOK 321.88
9.3% undervalued intrinsic discount
1Y-21.2%
7D-1.2%
Portfolio Value
View

Okeanis Eco Tankers Corp.

OB:OET Stock Report

Market Cap: NOK 9.4b

OET Community Fair Values

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See what 17 others think this stock is worth. Follow their fair value or set your own to get alerts.

Okeanis Eco Tankers Corp. Competitors

Price History & Performance

Summary of share price highs, lows and changes for Okeanis Eco Tankers
Historical stock prices
Current Share PriceNOK 292.00
52 Week HighNOK 376.50
52 Week LowNOK 185.00
Beta0
1 Month Change6.18%
3 Month Change19.18%
1 Year Change-21.19%
3 Year Change86.46%
5 Year Change417.73%
Change since IPO294.59%

Recent News & Updates

Returns On Capital Are Showing Encouraging Signs At Okeanis Eco Tankers (OB:OET)

Jul 29
Returns On Capital Are Showing Encouraging Signs At Okeanis Eco Tankers (OB:OET)

Recent updates

Returns On Capital Are Showing Encouraging Signs At Okeanis Eco Tankers (OB:OET)

Jul 29
Returns On Capital Are Showing Encouraging Signs At Okeanis Eco Tankers (OB:OET)

Okeanis Eco Tankers Corp. (OB:OET) Shares Fly 31% But Investors Aren't Buying For Growth

May 06
Okeanis Eco Tankers Corp. (OB:OET) Shares Fly 31% But Investors Aren't Buying For Growth

Returns Are Gaining Momentum At Okeanis Eco Tankers (OB:OET)

Apr 26
Returns Are Gaining Momentum At Okeanis Eco Tankers (OB:OET)
User avatar

Efficient Fleet And Technological Advancements Will Strengthen Position In Tanker Market

The young, scrubber-fitted fleet and technological enhancements reduce costs and improve efficiency, boosting net margins and earnings potential.

Okeanis Eco Tankers (OB:OET) Takes On Some Risk With Its Use Of Debt

Feb 04
Okeanis Eco Tankers (OB:OET) Takes On Some Risk With Its Use Of Debt

News Flash: 6 Analysts Think Okeanis Eco Tankers Corp. (OB:OET) Earnings Are Under Threat

Jan 18
News Flash: 6 Analysts Think Okeanis Eco Tankers Corp. (OB:OET) Earnings Are Under Threat

A Piece Of The Puzzle Missing From Okeanis Eco Tankers Corp.'s (OB:OET) 31% Share Price Climb

Jan 14
A Piece Of The Puzzle Missing From Okeanis Eco Tankers Corp.'s (OB:OET) 31% Share Price Climb

Returns On Capital Are Showing Encouraging Signs At Okeanis Eco Tankers (OB:OET)

Jan 03
Returns On Capital Are Showing Encouraging Signs At Okeanis Eco Tankers (OB:OET)

Okeanis Eco Tankers Corp. (OB:OET) Analysts Are More Bearish Than They Used To Be

Nov 19
Okeanis Eco Tankers Corp. (OB:OET) Analysts Are More Bearish Than They Used To Be

Investors Aren't Buying Okeanis Eco Tankers Corp.'s (OB:OET) Earnings

Oct 16
Investors Aren't Buying Okeanis Eco Tankers Corp.'s (OB:OET) Earnings

These 4 Measures Indicate That Okeanis Eco Tankers (OB:OET) Is Using Debt Extensively

Oct 03
These 4 Measures Indicate That Okeanis Eco Tankers (OB:OET) Is Using Debt Extensively

Okeanis Eco Tankers (OB:OET) Is Experiencing Growth In Returns On Capital

Sep 13
Okeanis Eco Tankers (OB:OET) Is Experiencing Growth In Returns On Capital

Do Okeanis Eco Tankers' (OB:OET) Earnings Warrant Your Attention?

Aug 05
Do Okeanis Eco Tankers' (OB:OET) Earnings Warrant Your Attention?

Okeanis Eco Tankers (OB:OET) Takes On Some Risk With Its Use Of Debt

Jun 19
Okeanis Eco Tankers (OB:OET) Takes On Some Risk With Its Use Of Debt

Insufficient Growth At Okeanis Eco Tankers Corp. (OB:OET) Hampers Share Price

May 22
Insufficient Growth At Okeanis Eco Tankers Corp. (OB:OET) Hampers Share Price

Is Now The Time To Put Okeanis Eco Tankers (OB:OET) On Your Watchlist?

Apr 15
Is Now The Time To Put Okeanis Eco Tankers (OB:OET) On Your Watchlist?

Is Okeanis Eco Tankers (OB:OET) Using Too Much Debt?

Mar 19
Is Okeanis Eco Tankers (OB:OET) Using Too Much Debt?

Earnings Working Against Okeanis Eco Tankers Corp.'s (OB:OET) Share Price

Feb 17
Earnings Working Against Okeanis Eco Tankers Corp.'s (OB:OET) Share Price

With EPS Growth And More, Okeanis Eco Tankers (OB:OET) Makes An Interesting Case

Jan 02
With EPS Growth And More, Okeanis Eco Tankers (OB:OET) Makes An Interesting Case

Under The Bonnet, Okeanis Eco Tankers' (OB:OET) Returns Look Impressive

Dec 01
Under The Bonnet, Okeanis Eco Tankers' (OB:OET) Returns Look Impressive

Okeanis Eco Tankers (OB:OET) Has A Pretty Healthy Balance Sheet

Nov 14
Okeanis Eco Tankers (OB:OET) Has A Pretty Healthy Balance Sheet

Is Okeanis Eco Tankers Corp. (OB:OET) Trading At A 40% Discount?

Nov 01
Is Okeanis Eco Tankers Corp. (OB:OET) Trading At A 40% Discount?

With EPS Growth And More, Okeanis Eco Tankers (OB:OET) Makes An Interesting Case

Sep 04
With EPS Growth And More, Okeanis Eco Tankers (OB:OET) Makes An Interesting Case

Okeanis Eco Tankers (OB:OET) Takes On Some Risk With Its Use Of Debt

Aug 06
Okeanis Eco Tankers (OB:OET) Takes On Some Risk With Its Use Of Debt

Okeanis Eco Tankers (OB:OET) Is Experiencing Growth In Returns On Capital

Jul 19
Okeanis Eco Tankers (OB:OET) Is Experiencing Growth In Returns On Capital

Estimating The Fair Value Of Okeanis Eco Tankers Corp. (OB:OET)

Jun 03
Estimating The Fair Value Of Okeanis Eco Tankers Corp. (OB:OET)

Growth Investors: Industry Analysts Just Upgraded Their Okeanis Eco Tankers Corp. (OB:OET) Revenue Forecasts By 11%

May 14
Growth Investors: Industry Analysts Just Upgraded Their Okeanis Eco Tankers Corp. (OB:OET) Revenue Forecasts By 11%

Investors Will Want Okeanis Eco Tankers' (OB:OET) Growth In ROCE To Persist

Apr 13
Investors Will Want Okeanis Eco Tankers' (OB:OET) Growth In ROCE To Persist

Does Okeanis Eco Tankers (OB:OET) Have A Healthy Balance Sheet?

Mar 22
Does Okeanis Eco Tankers (OB:OET) Have A Healthy Balance Sheet?

Shareholder Returns

OETNO Oil and GasNO Market
7D-1.2%-3.5%-0.4%
1Y-21.2%-10.0%7.2%

Return vs Industry: OET underperformed the Norwegian Oil and Gas industry which returned -8.8% over the past year.

Return vs Market: OET underperformed the Norwegian Market which returned 7.6% over the past year.

Price Volatility

Is OET's price volatile compared to industry and market?
OET volatility
OET Average Weekly Movement4.6%
Oil and Gas Industry Average Movement4.6%
Market Average Movement4.5%
10% most volatile stocks in NO Market10.6%
10% least volatile stocks in NO Market2.3%

Stable Share Price: OET has not had significant price volatility in the past 3 months compared to the Norwegian market.

Volatility Over Time: OET's weekly volatility (5%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
201813Aristidis Alafouzoswww.okeanisecotankers.com

Okeanis Eco Tankers Corp., a shipping company, owns and operates tanker vessels worldwide. It operates a fleet of 14 tanker vessels comprising six modern Suezmax tankers and eight modern VLCC tankers focusing on the transportation of crude oil. Okeanis Eco Tankers Corp. was incorporated in 2018 and is based in Neo Faliro, Greece.

Okeanis Eco Tankers Corp. Fundamentals Summary

How do Okeanis Eco Tankers's earnings and revenue compare to its market cap?
OET fundamental statistics
Market capNOK 9.40b
Earnings (TTM)NOK 668.09m
Revenue (TTM)NOK 3.42b
14.1x
P/E Ratio
2.7x
P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
OET income statement (TTM)
RevenueUS$344.21m
Cost of RevenueUS$169.56m
Gross ProfitUS$174.66m
Other ExpensesUS$107.47m
EarningsUS$67.18m

Last Reported Earnings

Jun 30, 2025

Next Earnings Date

Nov 12, 2025

Earnings per share (EPS)2.09
Gross Margin50.74%
Net Profit Margin19.52%
Debt/Equity Ratio147.3%

How did OET perform over the long term?

See historical performance and comparison

Dividends

9.5%
Current Dividend Yield
66%
Payout Ratio

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/10/03 19:02
End of Day Share Price 2025/10/03 00:00
Earnings2025/06/30
Annual Earnings2024/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Okeanis Eco Tankers Corp. is covered by 6 analysts. 5 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
null nullABG Sundal Collier
Liam BurkeB. Riley Securities, Inc.
Kyrre FlesjaDNB Carnegie