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Okeanis Eco Tankers NYSE:ECO Stock Report

Last Price

US$18.83

Market Cap

US$612.4m

7D

-5.7%

1Y

-35.7%

Updated

22 Dec, 2024

Data

Company Financials +

Okeanis Eco Tankers Corp.

NYSE:ECO Stock Report

Market Cap: US$612.4m

My Notes

Capture your thoughts, links and company narrative

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 18.83
52 Week HighNOK 36.69
52 Week LowNOK 18.79
Beta-0.032
1 Month Change-20.14%
3 Month Change-43.04%
1 Year Change-35.67%
3 Year Change132.47%
5 Year Changen/a
Change since IPO174.16%

Recent News & Updates

Okeanis Eco Tankers: Targeting Efficiency Gains With One Of The Youngest Fleets In The Industry

Dec 20

Okeanis Eco Tankers Remains A Top Pick Post Earnings, Maintain Buy

Nov 15

Recent updates

Okeanis Eco Tankers: Targeting Efficiency Gains With One Of The Youngest Fleets In The Industry

Dec 20

Okeanis Eco Tankers Remains A Top Pick Post Earnings, Maintain Buy

Nov 15

Okeanis Eco Tankers: Top Management, Long-Term Double-Digit Yield Potential

Sep 23

Okeanis Eco Tankers: Top-Spec Fleet, Solid Balance Sheet, And Tempting Yield

Sep 11

Okeanis Eco Tankers To Benefit From Crude Tanker Rate Rebound

Aug 20

Okeanis Eco Tankers: Recent Dip Is An Opportunity To Accumulate

Jun 17

Okeanis Eco Tankers: The Best Fleet Plus Generous Dividends; Rating Unchanged

Apr 13

Okeanis Eco Tankers: A Much Stronger Quarter Could Be Ahead

Mar 04

Okeanis Eco Tankers: Bet On Crude Tankers Deficit With The Youngest Fleet In The Industry

Feb 12

Okeanis: Armed With The Most Modern Fleet And Heightened Operating Leverage

Jan 26

Shareholder Returns

ECOUS Oil and GasUS Market
7D-5.7%-5.1%-2.4%
1Y-35.7%2.7%23.4%

Return vs Industry: ECO underperformed the US Oil and Gas industry which returned 2.7% over the past year.

Return vs Market: ECO underperformed the US Market which returned 23.4% over the past year.

Price Volatility

Is ECO's price volatile compared to industry and market?
ECO volatility
ECO Average Weekly Movement6.0%
Oil and Gas Industry Average Movement5.4%
Market Average Movement6.3%
10% most volatile stocks in US Market16.8%
10% least volatile stocks in US Market3.1%

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

Volatility Over Time: ECO's weekly volatility (6%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
201814Aristidis 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. The company 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?
ECO fundamental statistics
Market capUS$612.41m
Earnings (TTM)US$116.93m
Revenue (TTM)US$399.71m

5.2x

P/E Ratio

1.5x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
ECO income statement (TTM)
RevenueUS$399.71m
Cost of RevenueUS$167.90m
Gross ProfitUS$231.81m
Other ExpensesUS$114.89m
EarningsUS$116.93m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

Feb 19, 2025

Earnings per share (EPS)3.63
Gross Margin58.00%
Net Profit Margin29.25%
Debt/Equity Ratio159.8%

How did ECO perform over the long term?

See historical performance and comparison

Dividends

17.4%

Current Dividend Yield

n/a

Payout Ratio

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/22 07:59
End of Day Share Price 2024/12/20 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

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 here.

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 .

Analyst Sources

Okeanis Eco Tankers Corp. is covered by 4 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
Liam BurkeB. Riley Securities, Inc.
Øystein VaagenFearnley Securities
Fredrik DybwadFearnley Securities