(ECO) Okeanis Eco Tankers - Overview

Sector: Industrials | Industry: Marine Shipping | Exchange: NYSE (USA) | Market Cap: 2.131m USD | Total Return: 151.7% in 12m

Crude Oil, Tanker Vessels, Maritime Transport
Total Rating 73
Safety 68
Buy Signal 1.13
Marine Shipping
Industry Rotation: +11.0
Market Cap: 2.13B
Avg Turnover: 19.6M
Risk 3d forecast
Volatility42.3%
VaR 5th Pctl7.02%
VaR vs Median0.68%
Reward TTM
Sharpe Ratio2.38
Rel. Str. IBD93.4
Rel. Str. Peer Group79.4
Character TTM
Beta0.522
Beta Downside0.512
Hurst Exponent0.619
Drawdowns 3y
Max DD46.15%
CAGR/Max DD2.87
CAGR/Mean DD9.33
EPS (Earnings per Share) EPS (Earnings per Share) of ECO over the last years for every Quarter: "2021-03": 0.2268, "2021-06": -0.2495, "2021-09": -0.1454, "2021-12": 0.1404, "2022-03": 0.288, "2022-06": 0.2467, "2022-09": 0.5873, "2022-12": 1.5042, "2023-03": 1.6029, "2023-06": 1.6443, "2023-09": 0.648, "2023-12": 0.6604, "2024-03": 1.23, "2024-06": 1.23, "2024-09": 0.45, "2024-12": 0.41, "2025-03": 0.39, "2025-06": 0.83, "2025-09": 0.77, "2025-12": 1.78, "2026-03": 2.33,
EPS CAGR: 81.99%
EPS Trend: 22.9%
Last SUE: 4.00
Qual. Beats: 9
Revenue Revenue of ECO over the last years for every Quarter: 2021-03: 47.973621, 2021-06: 47.370822, 2021-09: 38.674899, 2021-12: 34.978883, 2022-03: 41.647584, 2022-06: 49.874718, 2022-09: 69.213247, 2022-12: 110.236872, 2023-03: 112.552594, 2023-06: 119.807339, 2023-09: 89.066153, 2023-12: 111.12334, 2024-03: 111.12334, 2024-06: 111.987643, 2024-09: 84.929328, 2024-12: 85.18952, 2025-03: 80.147652, 2025-06: 93.947134, 2025-09: 90.602272, 2025-12: 126.851761, 2026-03: null,
Rev. CAGR: 34.58%
Rev. Trend: 50.5%
Last SUE: 2.78
Qual. Beats: 1

Warnings

No concerns identified

Tailwinds

Leader, Tailwind

Description: ECO Okeanis Eco Tankers

Okeanis Eco Tankers Corp. (NYSE: ECO) is a Greece-based shipping firm specializing in the global maritime transportation of crude oil. The company maintains a specialized fleet of 14 modern vessels, split equally between Suezmax and Very Large Crude Carrier (VLCC) classes. By utilizing eco designs, the fleet aims for higher fuel efficiency and lower emissions compared to older, legacy tankers.

The crude tanker sector is highly cyclical and sensitive to shifts in global oil demand and OPEC+ production levels. The company’s business model relies on a mix of spot market exposure and time charter contracts to manage revenue volatility. Examining historical dividend payouts and charter rates on ValueRay can provide further clarity on the companys financial health. Founded in 2018, the firm operates within the Marine Transportation sub-industry, focusing on the high-tonnage segment of the energy supply chain.

Headlines to Watch Out For
  • High spot rate exposure for VLCC and Suezmax fleets drives revenue volatility
  • Fuel-efficient eco-vessel fleet maintains competitive advantage via lower bunker fuel costs
  • Global crude oil demand and OPEC+ production cuts impact tanker utilization
  • Geopolitical disruptions and rerouting increase ton-mile demand and vessel charter rates
  • Strict environmental regulations and carbon emissions mandates increase potential compliance costs
Piotroski VR‑10 (Strict) 4.0
Net Income: 123.0m TTM > 0 and > 6% of Revenue
FCF/TA: 0.06 > 0.02 and ΔFCF/TA -9.01 > 1.0
NWC/Revenue: 42.42% < 20% (prev 11.76%; Δ 30.66% < -1%)
CFO/TA 0.09 > 3% & CFO 111.3m > Net Income 123.0m
Net Debt (488.5m) to EBITDA (207.6m): 2.35 < 3
Current Ratio: 3.41 > 1.5 & < 3
Outstanding Shares: last quarter (33.7m) vs 12m ago 4.70% < -2%
Gross Margin: 49.40% > 18% (prev 0.46%; Δ 4.89k% > 0.5%)
Asset Turnover: 34.31% > 50% (prev 36.34%; Δ -2.03% > 0%)
Interest Coverage Ratio: 3.94 > 6 (EBITDA TTM 207.6m / Interest Expense TTM 42.2m)
Altman Z'' 3.87
A: 0.14 (Total Current Assets 234.9m - Total Current Liabilities 68.9m) / Total Assets 1.20b
B: 0.38 (Retained Earnings 452.8m / Total Assets 1.20b)
C: 0.15 (EBIT TTM 166.1m / Avg Total Assets 1.14b)
D: 0.72 (Book Value of Equity 452.8m / Total Liabilities 627.6m)
Altman-Z'' Score: 3.87 = AA
Beneish M -2.18
DSRI: 2.14 (Receivables 85.1m/40.0m, Revenue 391.5m/393.2m)
GMI: 0.94 (GM 49.40% / 46.40%)
AQI: 0.94 (AQ_t 0.00 / AQ_t-1 0.00)
SGI: 1.00 (Revenue 391.5m / 393.2m)
TATA: 0.01 (NI 123.0m - CFO 111.3m) / TA 1.20b)
Beneish M-Score: -2.18 (Cap -4..+1) = BB
What is the price of ECO shares? As of May 16, 2026, the stock is trading at USD 55.12 with a total of 532,178 shares traded.
Over the past week, the price has changed by -1.92%, over one month by +8.35%, over three months by +32.81% and over the past year by +151.68%.
Is ECO a buy, sell or hold? 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
What are the forecasts/targets for the ECO price?
Analysts Target Price 75 36.1%
Okeanis Eco Tankers (ECO) - Fundamental Data Overview as of 15 May 2026
P/E Trailing = 9.594
P/E Forward = 8.4674
P/S = 21.5014
P/B = 3.8289
Revenue TTM = 391.5m USD
EBIT TTM = 166.1m USD
EBITDA TTM = 207.6m USD
Long Term Debt = 470.6m USD (from longTermDebt, last quarter)
Short Term Debt = 46.5m USD (from shortTermDebt, last quarter)
Debt = 605.1m USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 488.5m USD (from netDebt column, last quarter)
Enterprise Value = 2.62b USD (2.13b + Debt 605.1m - CCE 116.6m)
Interest Coverage Ratio = 3.94 (Ebit TTM 166.1m / Interest Expense TTM 42.2m)
EV/FCF = 36.84x (Enterprise Value 2.62b / FCF TTM 71.1m)
FCF Yield = 2.71% (FCF TTM 71.1m / Enterprise Value 2.62b)
FCF Margin = 18.16% (FCF TTM 71.1m / Revenue TTM 391.5m)
Net Margin = 31.40% (Net Income TTM 123.0m / Revenue TTM 391.5m)
Gross Margin = 49.40% ((Revenue TTM 391.5m - Cost of Revenue TTM 198.1m) / Revenue TTM)
Gross Margin QoQ = 65.20% (prev 42.79%)
Tobins Q-Ratio = 2.18 (Enterprise Value 2.62b / Total Assets 1.20b)
Interest Expense / Debt = 1.34% (Interest Expense 8.11m / Debt 605.1m)
Taxrate = 21.0% (US default 21%)
NOPAT = 131.2m (EBIT 166.1m * (1 - 21.00%))
Current Ratio = 3.41 (Total Current Assets 234.9m / Total Current Liabilities 68.9m)
Debt / Equity = 1.06 (Debt 605.1m / totalStockholderEquity, last quarter 573.1m)
Debt / EBITDA = 2.35 (Net Debt 488.5m / EBITDA 207.6m)
Debt / FCF = 6.87 (Net Debt 488.5m / FCF TTM 71.1m)
Total Stockholder Equity = 460.7m (last 4 quarters mean from totalStockholderEquity)
RoA = 10.77% (Net Income 123.0m / Total Assets 1.20b)
RoE = 26.69% (Net Income TTM 123.0m / Total Stockholder Equity 460.7m)
RoCE = 17.84% (EBIT 166.1m / Capital Employed (Equity 460.7m + L.T.Debt 470.6m))
RoIC = 12.12% (NOPAT 131.2m / Invested Capital 1.08b)
WACC = 6.32% (E(2.13b)/V(2.74b) * Re(7.82%) + D(605.1m)/V(2.74b) * Rd(1.34%) * (1-Tc(0.21)))
Discount Rate = 7.82% (= CAPM, Blume Beta Adj.) -> floored to rf + 0.7*ERP = 7.92%
Shares Correlation 3-Years: 81.65 | Cagr: 2.32%
[DCF] Terminal Value 79.05% ; FCFF base≈107.3m ; Y1≈70.4m ; Y5≈32.2m
[DCF] Fair Price = 11.28 (EV 929.1m - Net Debt 488.5m = Equity 440.6m / Shares 39.0m; r=6.32% [WACC]; 5y FCF grow -40.0% → 3.0% )
EPS Correlation: 22.90 | EPS CAGR: 81.99% | SUE: 4.0 | # QB: 9
Revenue Correlation: 50.53 | Revenue CAGR: 34.58% | SUE: 2.78 | # QB: 1
EPS current Quarter (2026-06-30): EPS=4.41 | Chg30d=+495.95% | Revisions=N/A | Analysts=1
EPS next Quarter (2026-09-30): EPS=0.91 | Chg30d=+54.24% | Revisions=N/A | Analysts=1
EPS current Year (2026-12-31): EPS=9.53 | Chg30d=+119.08% | Revisions=+20% | GrowthEPS=+152.8% | GrowthRev=+118.5%
EPS next Year (2027-12-31): EPS=5.54 | Chg30d=+30.05% | Revisions=+20% | GrowthEPS=-41.9% | GrowthRev=-35.2%