Okeanis Eco Tankers Corp. (ECO) AI Stock Analysis

• Market Cap: kr1.06B
• Dividend Yield: 5.86%
• Average Volume (3M): 134.78K
• Price to Earnings (P/E): 16.0
• Beta (1Y): 0.68
• Revenue Growth: -12.47%
• EPS Growth: -34.41%
• Country: US
• Employees: 13
• Sector: Energy
• Sector Strength: 52
• Industry: Marine Shipping
• EPS (TTM): 0.77
• Shares Outstanding: 32,194,107
• 10 Day Avg. Volume: 125,981
• 30 Day Avg. Volume: 134,785
• PEG Ratio: -0.25
• Price to Book (P/B): 1.67
• Price to Sales (P/S): 1.74
• P/FCF Ratio: 4.45
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: kr42.40
• Price Target Upside: 16.08% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 2
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 78 Outperform
• Price Target: $44.00 ▲(20.45% Upside)

Okeanis Eco Tankers Corp. receives a strong overall score driven by robust earnings performance and positive technical indicators. The company's strategic capital improvements and market outperformance are significant strengths. However, high leverage and overbought technical signals are potential risks that investors should monitor.

Positive Factors

Fleet Performance

Strong fleet performance indicates efficient operations and competitive positioning in the market, supporting long-term revenue stability.

Capital Structure Optimization

Optimizing capital structure enhances financial flexibility and reduces cost of capital, supporting sustainable growth and profitability.

Market Outperformance

Consistent market outperformance reflects strong competitive advantages, likely leading to sustained demand and pricing power.

Negative Factors

High Leverage

High leverage can strain financial resources and limit strategic flexibility, posing risks to long-term financial health.

Declining Margins

Decreasing margins may indicate rising costs or pricing pressures, potentially impacting future profitability and cash flow.

Sanctions Challenges

Sanctions can disrupt market access and operational logistics, impacting revenue and strategic market positioning.

Okeanis Eco Tankers Corp. Business Overview & Revenue Model

Company Description

Okeanis Eco Tankers Corp. (ECO) is a publicly traded shipping company focused on the transportation of crude oil and refined petroleum products. Operating in the maritime transportation sector, Okeanis Eco Tankers specializes in owning and operating eco-friendly tankers that adhere to stringent environmental standards. The company aims to provide high-quality shipping services while committing to sustainability and reducing the carbon footprint of its operations.

How the Company Makes Money

Okeanis Eco Tankers generates revenue primarily through the chartering of its fleet of eco-tankers. The company enters into time charters or spot charters with oil and gas companies, which pay for the transportation of their products over predetermined routes. The revenue model is influenced by market rates for shipping, fuel prices, and the overall demand for oil transportation. Additional revenue streams may include operational efficiencies derived from the eco-friendly design of their vessels, which can lead to lower fuel consumption and maintenance costs. Strategic partnerships with oil companies and other stakeholders in the energy sector also contribute to securing long-term contracts, enhancing revenue stability.

Okeanis Eco Tankers Corp. Financial Statement Overview

Summary

Okeanis Eco Tankers Corp. demonstrates solid financial performance with strong profitability and cash flow generation. However, high leverage remains a concern, and declining margins indicate potential profitability pressures. The company is on a positive growth trajectory, but careful management of debt and costs is essential.

Income Statement

Okeanis Eco Tankers Corp. shows strong profitability with a consistent gross profit margin and a healthy net profit margin in the TTM period. Revenue growth is positive, indicating a recovery from previous declines. However, margins have decreased compared to the previous year, suggesting some pressure on profitability.

Balance Sheet

The company maintains a high debt-to-equity ratio, indicating significant leverage, which poses a risk. However, the return on equity remains solid, reflecting efficient use of equity to generate profits. The equity ratio is stable, showing a balanced asset structure.

Cash Flow

Cash flow metrics are robust, with positive free cash flow growth in the TTM period and a strong operating cash flow to net income ratio. The company has improved its free cash flow position, but historical volatility in free cash flow suggests potential risks.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	349.89M	393.23M	413.10M	270.97M	169.00M	282.87M
Gross Profit	141.03M	223.60M	221.41M	123.18M	44.63M	152.96M
EBITDA	165.64M	204.08M	241.51M	157.60M	64.85M	182.98M
Net Income	76.69M	108.86M	145.25M	84.56M	-902.90K	101.32M
Balance Sheet
Total Assets	1.07B	1.08B	1.13B	1.18B	954.59M	1.26B
Cash, Cash Equivalents and Short-Term Investments	52.64M	49.34M	49.99M	81.35M	38.18M	25.33M
Total Debt	616.65M	646.18M	693.28M	739.04M	577.00M	834.48M
Total Liabilities	637.29M	671.67M	720.98M	761.11M	596.30M	862.50M
Stockholders Equity	429.81M	410.43M	408.13M	422.24M	358.29M	397.23M
Cash Flow
Free Cash Flow	109.46M	153.67M	171.61M	-98.98M	6.29M	-23.08M
Operating Cash Flow	109.46M	164.86M	174.92M	81.16M	28.60M	150.49M
Investing Cash Flow	-4.71M	-11.24M	-1.27M	-179.10M	285.67M	-178.80M
Financing Cash Flow	-101.84M	-153.42M	-205.72M	140.70M	-299.43M	43.24M

Okeanis Eco Tankers Corp. Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 36.53
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For ECO, the sentiment is Positive. The current price of 36.53 is above the 20-day moving average (MA) of 36.23, above the 50-day MA of 32.89, and above the 200-day MA of 25.44, indicating a bullish trend. The MACD of 1.23 indicates Positive momentum. The RSI at 56.21 is Neutral, neither overbought nor oversold. The STOCH value of 22.64 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for ECO.

Okeanis Eco Tankers Corp. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
ECO	78 Outperform	kr1.06B	15.97	―	5.86%	-12.47%	-34.41%
NMM	76 Outperform	$1.57B	6.22	8.36%	0.37%	-1.33%	-33.66%
ASC	70 Outperform	$489.92M	15.49	5.28%	2.48%	-26.81%	-78.30%
Sector *	65 Neutral	$15.17B	7.61	4.09%	5.20%	3.87%	-62.32%
GNK	61 Neutral	$707.54M	47.21	-0.78%	3.97%	-24.58%	-110.22%
NAT	60 Neutral	$777.12M	407.78	0.39%	7.18%	-16.03%	-97.01%
SFL	58 Neutral	$1.19B	―	-0.15%	12.24%	-11.10%	-101.57%

Okeanis Eco Tankers Corp. Corporate Events

Okeanis Eco Tankers Reports Strong Q3 Performance

Okeanis Eco Tankers Corp. recently held its earnings call, revealing a strong performance with notable financial achievements and strategic improvements. The company demonstrated market outperformance and expressed a positive outlook for the upcoming quarter, despite facing challenges related to sanctions and dry docking impacts.

Okeanis Eco Tankers Releases 2024 ESG Report

Okeanis Eco Tankers Corp. has released its 2024 Environmental, Social and Governance Report, adhering to the Global Reporting Initiative and the Sustainability Accounting Standards Board standards for Marine Transportation. This report underscores the company’s commitment to sustainability and transparency, potentially enhancing its reputation and stakeholder trust within the marine transportation industry.

The most recent analyst rating on (ECO) stock is a Hold with a $34.00 price target. To see the full list of analyst forecasts on Okeanis Eco Tankers Corp. stock, see the ECO Stock Forecast page.

Okeanis Eco Tankers Declares Dividend Amid Regulatory Adjustments

Okeanis Eco Tankers Corp. announced a dividend of USD 0.75 per common share, with different ex-dividend dates for shares traded on the Oslo and New York Stock Exchanges due to differing settlement times. The payment is scheduled for December 11, 2025, with Norwegian shareholders receiving their dividends slightly later due to regulatory changes. This announcement underscores the company’s commitment to returning value to shareholders and highlights the operational intricacies of managing cross-listed securities.

The most recent analyst rating on (ECO) stock is a Hold with a $34.00 price target. To see the full list of analyst forecasts on Okeanis Eco Tankers Corp. stock, see the ECO Stock Forecast page.

Okeanis Eco Tankers to Announce Q3 2025 Financial Results

Okeanis Eco Tankers Corp. announced it will report its unaudited financial results for the third quarter and nine-month period ending September 30, 2025, on November 12, 2025. The announcement could impact the company’s market positioning and stakeholder interests as it provides insights into its financial health and operational performance.

The most recent analyst rating on (ECO) stock is a Hold with a $34.00 price target. To see the full list of analyst forecasts on Okeanis Eco Tankers Corp. stock, see the ECO Stock Forecast page.

Okeanis Eco Tankers Announces Board Resignations

Okeanis Eco Tankers Corp. announced the resignation of directors Robert Knapp and Joshua Nemser, effective October 10, 2025. Their departure did not stem from any disagreements with the company, and the board has yet to decide on filling the vacancies. The board continues to maintain a majority of independent directors, ensuring stability in its governance structure.

The most recent analyst rating on (ECO) stock is a Buy with a $28.00 price target. To see the full list of analyst forecasts on Okeanis Eco Tankers Corp. stock, see the ECO Stock Forecast page.

Okeanis Eco Tankers Corp. Earnings Call Highlights

Okeanis Eco Tankers Corp. recently held its earnings call, revealing a generally positive sentiment driven by strong financial results and strategic initiatives. The company showcased successful refinancing efforts and consistent shareholder returns, although concerns were noted regarding declining spot market rates for Q3 and increased operational costs due to exchange rate fluctuations. Despite these challenges, the positive aspects of financial performance and strategic execution were more prominent.

Okeanis Eco Tankers Announces Q2 2025 Dividend Details

Okeanis Eco Tankers Corp. announced that its common shares will trade ex-dividend at USD 0.70 per share on the Oslo Stock Exchange starting August 21, 2025, and on the New York Stock Exchange from August 22, 2025. This announcement reflects the company’s commitment to returning value to its shareholders and may influence its stock performance and investor relations in the short term.

The most recent analyst rating on (ECO) stock is a Buy with a $28.00 price target. To see the full list of analyst forecasts on Okeanis Eco Tankers Corp. stock, see the ECO Stock Forecast page.