ECO Stock Analysis: Okeanis Eco Tankers | NYSE
Marine Shipping | NYSE, USA | Market Cap: 1.957m USD | 12M Return: 156.9% | Charts, Fundamentals & Technical Analysis
Avg Turnover: 20.4M
EPS Trend: -44.7%
Qual. Beats: 9
Rev. Trend: -29.2%
Qual. Beats: 0
Warnings
Tailwinds
Seasonality 6.2 years of data
How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, >40 gets interesting and >55 is strong.
Okeanis Eco Tankers Corp. (NYSE: ECO) is a Greece-based shipping company that owns and operates a fleet of 16 modern tanker vessels-eight Suezmax and eight VLCC (Very Large Crude Carrier) tankers-engaged in the worldwide transportation of crude oil. Incorporated in 2018 and headquartered in Neo Faliro, the company went public on the NYSE in December 2023 and is classified within the Marine Transportation sub-industry of the Industrials sector.
The crude tanker shipping industry is a cyclical, capital-intensive business in which vessel owners typically earn revenue through spot charters (single voyages at market rates) or time charters (fixed-rate contracts over set periods), with profitability closely tied to global oil demand, fleet supply, and freight rate volatility. Greek-based owners have historically represented a significant share of the worlds tanker fleet, making Athens-area firms central participants in seaborne crude oil logistics.
- VLCC and Suezmax rates track OPEC+ crude supply
- Russia sanctions extend long-haul ton-mile demand
- Fleet renewal boosts dividend and buyback capacity
| Net Income: 198.7m TTM > 0 and > 6% of Revenue |
| FCF/TA: -0.02 > 0.02 and ΔFCF/TA -11.36 > 1.0 |
| NWC/Revenue: 25.32% < 20% (prev 12.53%; Δ 12.79% < -1%) |
| CFO/TA 0.14 > 3% & CFO 207.8m > Net Income 198.7m |
| Net Debt (557.5m) to EBITDA (274.9m): 2.03 < 3 |
| Current Ratio: 1.70 > 1.5 & < 3 |
| Outstanding Shares: last quarter (38.2m) vs 12m ago 18.54% < -2% |
| Gross Margin: 57.02% > 18% (prev 41.27%; Δ 15.75% > 0.5%) |
| Asset Turnover: 38.27% > 50% (prev 33.88%; Δ 4.40% > 0%) |
| Interest Coverage Ratio: 5.64 > 6 (EBIT TTM 231.7m / Interest Expense TTM 41.1m) |
| A: 0.08 (Total Current Assets 295.8m - Total Current Liabilities 173.9m) / Total Assets 1.45b |
| B: 0.33 (Retained Earnings 480.6m / Total Assets 1.45b) |
| C: 0.18 (EBIT TTM 231.7m / Avg Total Assets 1.26b) |
| D: 1.00 (Book Value of Equity 725.3m / Total Liabilities 721.8m) |
| Altman-Z'' = 3.93 = AA |
| DSRI: 1.37 (Receivables 86.5m/47.7m, Revenue 481.6m/362.3m) |
| GMI: 0.72 (GM 41.27% / 57.02%) |
| AQI: 0.75 (AQ_t 0.00 / AQ_t-1 0.00) |
| SGI: 1.33 (Revenue 481.6m / 362.3m) |
| TATA: -0.01 (NI 198.7m - CFO 207.8m) / TA 1.45b) |
| Beneish M = -2.89 (Cap -4..+1) = A |
As of July 04, 2026, the stock is trading at USD 53.11 with a total of 370,800 shares traded. Over the past week, the price has changed by +2.37%, over one month by +11.46%, over three months by +7.61% and over the past year by +156.94%.
Current recommended Stop Loss: 50.30 (which is 5.3% or 1.3 ATR below the current price).
Okeanis Eco Tankers has received a consensus analysts rating of 5.00. Therefore, it is recommended to buy ECO.
- StrongBuy: 1
- Buy: 0
- Hold: 0
- Sell: 0
- StrongSell: 0
| Analysts Target Price | 75 | 41.2% |
P/E Trailing = 8.8084
P/E Forward = 4.268
P/S = 19.7408
P/B = 2.6981
Revenue TTM = 481.6m USD
EBIT TTM = 231.7m USD
EBITDA TTM = 274.9m USD
Long Term Debt = 546.2m USD (from longTermDebt, last quarter)
Short Term Debt = 136.9m USD (from shortTermDebt, last quarter)
Debt = 683.1m USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 557.5m USD (calculated: Debt 683.1m - CCE 125.6m)
Enterprise Value = 2.51b USD (1.96b + Debt 683.1m - CCE 125.6m)
Interest Coverage Ratio = 5.64 (Ebit TTM 231.7m / Interest Expense TTM 41.1m)
EV/FCF = -88.23x (Enterprise Value 2.51b / FCF TTM -28.5m)
FCF Yield = -1.13% (FCF TTM -28.5m / Enterprise Value 2.51b)
FCF Margin = -5.92% (FCF TTM -28.5m / Revenue TTM 481.6m)
Net Margin = 41.26% (Net Income TTM 198.7m / Revenue TTM 481.6m)
Gross Margin = 57.02% ((Revenue TTM 481.6m - Cost of Revenue TTM 207.0m) / Revenue TTM)
Gross Margin QoQ = 64.45% (prev 65.20%)
Tobins Q-Ratio = 1.74 (Enterprise Value 2.51b / Total Assets 1.45b)
Interest Expense / Debt = 6.01% (Interest Expense 41.1m / Debt 683.1m)
Taxrate = 21.0% (US federal default 21%)
NOPAT = 183.0m (EBIT 231.7m * (1 - 21.00%))
Current Ratio = 1.70 (Total Current Assets 295.8m / Total Current Liabilities 173.9m)
Debt / Equity = 0.94 (Debt 683.1m / totalStockholderEquity, last quarter 725.3m)
Debt / EBITDA = 2.03 (Net Debt 557.5m / EBITDA 274.9m)
Debt / FCF = -19.56 (negative FCF - burning cash) (Net Debt 557.5m / FCF TTM -28.5m)
Total Stockholder Equity = 539.1m (last 4 quarters mean from totalStockholderEquity)
RoA = 15.79% (Net Income 198.7m / Total Assets 1.45b)
RoE = 36.86% (Net Income TTM 198.7m / Total Stockholder Equity 539.1m)
RoCE = 21.35% (EBIT 231.7m / Capital Employed (Equity 539.1m + L.T.Debt 546.2m))
RoIC = 13.21% (NOPAT 183.0m / Invested Capital 1.39b)
WACC = 6.86% (E(1.96b)/V(2.64b) * Re(7.59%) + D(683.1m)/V(2.64b) * Rd(6.01%) * (1-Tc(0.21)))
Discount Rate = 7.59% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: 61.46 | Cagr: 7.85%
[DCF] Fair Price = unknown (Cash Flow -28.5m)
EPS Correlation: -44.73 | EPS CAGR: -15.21% | SUE: 4.0 | # QB: 9
Revenue Correlation: -29.24 | Revenue CAGR: -3.16% | SUE: 0.68 | # QB: 0
EPS current Quarter (2026-06-30): EPS=4.41 | Chg30d=+495.95% | Revisions=+25% | Analysts=1
EPS next Quarter (2026-09-30): EPS=0.91 | Chg30d=+54.24% | Revisions=+25% | Analysts=1
EPS current Year (2026-12-31): EPS=9.53 | Chg30d=+119.08% | Revisions=+25% | GrowthEPS=+152.8% | GrowthRev=+130.2%
EPS next Year (2027-12-31): EPS=5.54 | Chg30d=+30.05% | Revisions=+25% | GrowthEPS=-41.9% | GrowthRev=-37.0%