OKEANIS ECO TANKERS CORP (ECO) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:ECO - MHY641771016 - Common Stock
37.52 USD
+0.74 (+2.01%)
37.52 USD
0 (0%)
Taking everything into account, ECO scores 5 out of 10 in our fundamental rating. ECO was compared to 209 industry peers in the Oil, Gas & Consumable Fuels industry. ECO has only an average score on both its financial health and profitability. ECO has a decent growth rate and is not valued too expensively.
1. Profitability
1.1 Basic Checks
ECO had positive earnings in the past year.
ECO had a positive operating cash flow in the past year.
Of the past 5 years ECO 4 years were profitable.
ECO had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
Looking at the Return On Assets, with a value of 6.28%, ECO is in the better half of the industry, outperforming 71.77% of the companies in the same industry.
With a decent Return On Equity value of 15.89%, ECO is doing good in the industry, outperforming 77.99% of the companies in the same industry.
ECO's Return On Invested Capital of 8.82% is fine compared to the rest of the industry. ECO outperforms 78.47% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for ECO is significantly below the industry average of 21.66%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 6.28% | ||
| ROE | 15.89% | ||
| ROIC | 8.82% |
ROA(3y)10.02%
ROA(5y)7.6%
ROE(3y)27.38%
ROE(5y)21.48%
ROIC(3y)12.09%
ROIC(5y)9.75%
1.3 Margins
ECO has a better Profit Margin (19.77%) than 73.21% of its industry peers.
ECO's Profit Margin has improved in the last couple of years.
Looking at the Operating Margin, with a value of 32.89%, ECO is in the better half of the industry, outperforming 77.99% of the companies in the same industry.
In the last couple of years the Operating Margin of ECO has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 32.89% | ||
| PM (TTM) | 19.77% | ||
| GM | N/A |
OM growth 3Y30.03%
OM growth 5Y2.97%
PM growth 3YN/A
PM growth 5Y25.49%
GM growth 3YN/A
GM growth 5YN/A
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is just above the Cost of Capital (WACC), so ECO is still creating some value.
The number of shares outstanding for ECO remains at a similar level compared to 1 year ago.
The number of shares outstanding for ECO has been reduced compared to 5 years ago.
Compared to 1 year ago, ECO has an improved debt to assets ratio.
2.2 Solvency
An Altman-Z score of 2.41 indicates that ECO is not a great score, but indicates only limited risk for bankruptcy at the moment.
With a decent Altman-Z score value of 2.41, ECO is doing good in the industry, outperforming 73.21% of the companies in the same industry.
The Debt to FCF ratio of ECO is 8.22, which is on the high side as it means it would take ECO, 8.22 years of fcf income to pay off all of its debts.
ECO has a Debt to FCF ratio (8.22) which is comparable to the rest of the industry.
A Debt/Equity ratio of 1.36 is on the high side and indicates that ECO has dependencies on debt financing.
Looking at the Debt to Equity ratio, with a value of 1.36, ECO is doing worse than 74.16% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.36 | ||
| Debt/FCF | 8.22 | ||
| Altman-Z | 2.41 |
ROIC/WACC1.12
WACC7.91%
2.3 Liquidity
ECO has a Current Ratio of 1.96. This is a normal value and indicates that ECO is financially healthy and should not expect problems in meeting its short term obligations.
ECO has a Current ratio of 1.96. This is in the better half of the industry: ECO outperforms 77.03% of its industry peers.
A Quick Ratio of 1.64 indicates that ECO should not have too much problems paying its short term obligations.
Looking at the Quick ratio, with a value of 1.64, ECO is in the better half of the industry, outperforming 75.60% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.96 | ||
| Quick Ratio | 1.64 |
3. Growth
3.1 Past
The earnings per share for ECO have decreased strongly by -33.05% in the last year.
Measured over the past years, ECO shows a very strong growth in Earnings Per Share. The EPS has been growing by 56.82% on average per year.
ECO shows a decrease in Revenue. In the last year, the revenue decreased by -4.86%.
ECO shows a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 25.20% yearly.
EPS 1Y (TTM)-33.05%
EPS 3Y122.85%
EPS 5Y56.82%
EPS Q2Q%71.11%
Revenue 1Y (TTM)-4.86%
Revenue growth 3Y32.49%
Revenue growth 5Y25.2%
Sales Q2Q%-29.41%
3.2 Future
The Earnings Per Share is expected to grow by 2.93% on average over the next years.
Based on estimates for the next years, ECO will show a decrease in Revenue. The Revenue will decrease by -4.88% on average per year.
EPS Next Y-12.31%
EPS Next 2Y6.88%
EPS Next 3Y2.93%
EPS Next 5YN/A
Revenue Next Year-19.02%
Revenue Next 2Y-0.93%
Revenue Next 3Y-4.88%
Revenue Next 5YN/A
3.3 Evolution
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
The Price/Earnings ratio is 15.83, which indicates a correct valuation of ECO.
ECO's Price/Earnings ratio is in line with the industry average.
The average S&P500 Price/Earnings ratio is at 25.45. ECO is valued slightly cheaper when compared to this.
Based on the Price/Forward Earnings ratio of 9.89, the valuation of ECO can be described as reasonable.
Based on the Price/Forward Earnings ratio, ECO is valued a bit cheaper than 75.12% of the companies in the same industry.
When comparing the Price/Forward Earnings ratio of ECO to the average of the S&P500 Index (34.46), we can say ECO is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 15.83 | ||
| Fwd PE | 9.89 |
4.2 Price Multiples
62.20% of the companies in the same industry are cheaper than ECO, based on the Enterprise Value to EBITDA ratio.
ECO's Price/Free Cash Flow ratio is in line with the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 16.08 | ||
| EV/EBITDA | 12.02 |
4.3 Compensation for Growth
The decent profitability rating of ECO may justify a higher PE ratio.
PEG (NY)N/A
PEG (5Y)0.28
EPS Next 2Y6.88%
EPS Next 3Y2.93%
5. Dividend
5.1 Amount
ECO has a Yearly Dividend Yield of 5.76%, which is a nice return.
ECO's Dividend Yield is a higher than the industry average which is at 5.91.
ECO's Dividend Yield is rather good when compared to the S&P500 average which is at 2.42.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.76% |
5.2 History
ECO has been paying a dividend for over 5 years, so it has already some track record.
Dividend Growth(5Y)N/A
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
DPN/A
EPS Next 2Y6.88%
EPS Next 3Y2.93%
37.52
+0.74 (+2.01%)
Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryOil, Gas & Consumable Fuels
Earnings (Last)
Earnings (Next)
Inst Owners17.95%
Inst Owner ChangeN/A
Ins Owners4.01%
Ins Owner ChangeN/A
Market Cap1.23B
Revenue(TTM)393.00M
Net Income(TTM)68.00M
Analysts82.5
Price Target43.66 (16.36%)
Short Float %1.54%
Short Ratio1.09
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.76% |
Yearly Dividend0
Dividend Growth(5Y)N/A
DPN/A
Div Incr Years0
Div Non Decr Years0
Ex-Date
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)4.08%
Min EPS beat(2)-1.9%
Max EPS beat(2)10.06%
EPS beat(4)1
Avg EPS beat(4)-3.05%
Min EPS beat(4)-19.36%
Max EPS beat(4)10.06%
EPS beat(8)2
Avg EPS beat(8)-5.35%
EPS beat(12)3
Avg EPS beat(12)-5.21%
EPS beat(16)5
Avg EPS beat(16)-42.25%
Revenue beat(2)2
Avg Revenue beat(2)48.24%
Min Revenue beat(2)40.87%
Max Revenue beat(2)55.61%
Revenue beat(4)4
Avg Revenue beat(4)53.5%
Min Revenue beat(4)40.87%
Max Revenue beat(4)66.01%
Revenue beat(8)8
Avg Revenue beat(8)44.3%
Revenue beat(12)12
Avg Revenue beat(12)40.08%
Revenue beat(16)16
Avg Revenue beat(16)39.72%
PT rev (1m)15.73%
PT rev (3m)14.98%
EPS NQ rev (1m)34.23%
EPS NQ rev (3m)36.06%
EPS NY rev (1m)1.77%
EPS NY rev (3m)-2.29%
Revenue NQ rev (1m)36.64%
Revenue NQ rev (3m)22.56%
Revenue NY rev (1m)-10.62%
Revenue NY rev (3m)-17.73%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 15.83 | ||
| Fwd PE | 9.89 | ||
| P/S | 3.59 | ||
| P/FCF | 16.08 | ||
| P/OCF | 14.18 | ||
| P/B | 2.88 | ||
| P/tB | 2.88 | ||
| EV/EBITDA | 12.02 |
EPS(TTM)2.37
EY6.32%
EPS(NY)3.79
Fwd EY10.11%
FCF(TTM)2.33
FCFY6.22%
OCF(TTM)2.65
OCFY7.05%
SpS10.46
BVpS13.01
TBVpS13.01
PEG (NY)N/A
PEG (5Y)0.28
Graham Number26.34
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 6.28% | ||
| ROE | 15.89% | ||
| ROCE | 11.17% | ||
| ROIC | 8.82% | ||
| ROICexc | 8.82% | ||
| ROICexgc | 8.82% | ||
| OM | 32.89% | ||
| PM (TTM) | 19.77% | ||
| GM | N/A | ||
| FCFM | 22.31% |
ROA(3y)10.02%
ROA(5y)7.6%
ROE(3y)27.38%
ROE(5y)21.48%
ROIC(3y)12.09%
ROIC(5y)9.75%
ROICexc(3y)12.57%
ROICexc(5y)10.1%
ROICexgc(3y)12.57%
ROICexgc(5y)10.1%
ROCE(3y)15.3%
ROCE(5y)12.34%
ROICexgc growth 3Y63.02%
ROICexgc growth 5Y28.99%
ROICexc growth 3Y63.02%
ROICexc growth 5Y28.99%
OM growth 3Y30.03%
OM growth 5Y2.97%
PM growth 3YN/A
PM growth 5Y25.49%
GM growth 3YN/A
GM growth 5YN/A
F-Score5
Asset Turnover0.32
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.36 | ||
| Debt/FCF | 8.22 | ||
| Debt/EBITDA | 3.76 | ||
| Cap/Depr | 24.45% | ||
| Cap/Sales | 2.99% | ||
| Interest Coverage | 2.41 | ||
| Cash Conversion | 56.08% | ||
| Profit Quality | 112.84% | ||
| Current Ratio | 1.96 | ||
| Quick Ratio | 1.64 | ||
| Altman-Z | 2.41 |
F-Score5
WACC7.91%
ROIC/WACC1.12
Cap/Depr(3y)168.52%
Cap/Depr(5y)194.39%
Cap/Sales(3y)23.17%
Cap/Sales(5y)28.49%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-33.05%
EPS 3Y122.85%
EPS 5Y56.82%
EPS Q2Q%71.11%
EPS Next Y-12.31%
EPS Next 2Y6.88%
EPS Next 3Y2.93%
EPS Next 5YN/A
Revenue 1Y (TTM)-4.86%
Revenue growth 3Y32.49%
Revenue growth 5Y25.2%
Sales Q2Q%-29.41%
Revenue Next Year-19.02%
Revenue Next 2Y-0.93%
Revenue Next 3Y-4.88%
Revenue Next 5YN/A
EBIT growth 1Y-36.56%
EBIT growth 3Y72.28%
EBIT growth 5Y28.92%
EBIT Next Year7.52%
EBIT Next 3Y7.2%
EBIT Next 5YN/A
FCF growth 1Y-56.25%
FCF growth 3Y164.58%
FCF growth 5YN/A
OCF growth 1Y-50.57%
OCF growth 3Y78.64%
OCF growth 5Y33.43%
OKEANIS ECO TANKERS CORP / ECO FAQ
What is the ChartMill fundamental rating of OKEANIS ECO TANKERS CORP (ECO) stock?
ChartMill assigns a fundamental rating of 5 / 10 to ECO.
What is the valuation status for ECO stock?
ChartMill assigns a valuation rating of 4 / 10 to OKEANIS ECO TANKERS CORP (ECO). This can be considered as Fairly Valued.
How profitable is OKEANIS ECO TANKERS CORP (ECO) stock?
OKEANIS ECO TANKERS CORP (ECO) has a profitability rating of 6 / 10.
What are the PE and PB ratios of OKEANIS ECO TANKERS CORP (ECO) stock?
The Price/Earnings (PE) ratio for OKEANIS ECO TANKERS CORP (ECO) is 15.83 and the Price/Book (PB) ratio is 2.88.
How financially healthy is OKEANIS ECO TANKERS CORP?
The financial health rating of OKEANIS ECO TANKERS CORP (ECO) is 5 / 10.