OKEANIS ECO TANKERS CORP (ECO) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:ECO - MHY641771016 - Common Stock
31.96 USD
-1.88 (-5.56%)
31.96 USD
0 (0%)
We assign a fundamental rating of 5 out of 10 to ECO. 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.
ECO had positive earnings in 4 of the past 5 years.
ECO had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
ECO's Return On Assets of 6.28% is fine compared to the rest of the industry. ECO outperforms 73.68% of its industry peers.
ECO has a better Return On Equity (15.89%) than 80.38% of its industry peers.
Looking at the Return On Invested Capital, with a value of 8.82%, ECO is in the better half of the industry, outperforming 79.43% of the companies in the same industry.
Measured over the past 3 years, the Average Return On Invested Capital for ECO is significantly below the industry average of 21.27%.
| 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
The Profit Margin of ECO (19.77%) is better than 74.64% of its industry peers.
In the last couple of years the Profit Margin of ECO has grown nicely.
With a decent Operating Margin value of 32.89%, ECO is doing good in the industry, outperforming 78.95% of the companies in the same industry.
ECO's Operating Margin has improved in the last couple of years.
| 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
With a Return on Invested Capital (ROIC) just above the Cost of Capital (WACC), ECO is creating some value.
The number of shares outstanding for ECO remains at a similar level compared to 1 year ago.
ECO has less shares outstanding than it did 5 years ago.
ECO has a better debt/assets ratio than last year.
2.2 Solvency
ECO has an Altman-Z score of 2.40. This is not the best score and indicates that ECO is in the grey zone with still only limited risk for bankruptcy at the moment.
With a decent Altman-Z score value of 2.40, ECO is doing good in the industry, outperforming 74.16% 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.
With a Debt to FCF ratio value of 8.22, ECO perfoms like the industry average, outperforming 56.94% of the companies in the same industry.
A Debt/Equity ratio of 1.36 is on the high side and indicates that ECO has dependencies on debt financing.
ECO's Debt to Equity ratio of 1.36 is on the low side compared to the rest of the industry. ECO is outperformed by 73.21% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.36 | ||
| Debt/FCF | 8.22 | ||
| Altman-Z | 2.4 |
ROIC/WACC1.13
WACC7.78%
2.3 Liquidity
A Current Ratio of 1.96 indicates that ECO should not have too much problems paying its short term obligations.
ECO's Current ratio of 1.96 is fine compared to the rest of the industry. ECO outperforms 77.03% of its industry peers.
ECO has a Quick Ratio of 1.64. This is a normal value and indicates that ECO is financially healthy and should not expect problems in meeting 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 76.08% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.96 | ||
| Quick Ratio | 1.64 |
3. Growth
3.1 Past
ECO shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -33.05%.
ECO shows a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 56.82% yearly.
Looking at the last year, ECO shows a decrease in Revenue. The Revenue has decreased by -4.86% in the last year.
The Revenue has been growing by 25.20% on average over the past years. This is a very strong growth!
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%6.68%
3.2 Future
ECO is expected to show a small growth in Earnings Per Share. In the coming years, the EPS will grow by 2.85% yearly.
ECO is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 0.05% yearly.
EPS Next Y16.64%
EPS Next 2Y18.14%
EPS Next 3Y2.85%
EPS Next 5YN/A
Revenue Next Year10.53%
Revenue Next 2Y7.78%
Revenue Next 3Y0.05%
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.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
4. Valuation
4.1 Price/Earnings Ratio
A Price/Earnings ratio of 13.49 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 26.60. ECO is valued slightly cheaper when compared to this.
With a Price/Forward Earnings ratio of 6.90, the valuation of ECO can be described as very cheap.
ECO's Price/Forward Earnings ratio is rather cheap when compared to the industry. ECO is cheaper than 89.00% of the companies in the same industry.
ECO's Price/Forward Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 23.23.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 13.49 | ||
| Fwd PE | 6.9 |
4.2 Price Multiples
61.24% 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 | 15.05 | ||
| EV/EBITDA | 11.95 |
4.3 Compensation for Growth
The low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
ECO has a very decent profitability rating, which may justify a higher PE ratio.
PEG (NY)0.81
PEG (5Y)0.24
EPS Next 2Y18.14%
EPS Next 3Y2.85%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 6.49%, ECO is a good candidate for dividend investing.
ECO's Dividend Yield is a higher than the industry average which is at 3.93.
ECO's Dividend Yield is rather good when compared to the S&P500 average which is at 2.00.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 6.49% |
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 2Y18.14%
EPS Next 3Y2.85%
31.96
-1.88 (-5.56%)
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 Cap1.15B
Revenue(TTM)393.00M
Net Income(TTM)68.00M
Analysts76
Price Target42.12 (31.79%)
Short Float %0.89%
Short Ratio0.51
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 6.49% |
Yearly Dividend0
Dividend Growth(5Y)N/A
DPN/A
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
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)-3.52%
PT rev (3m)12.51%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-11.41%
EPS NY rev (1m)33.01%
EPS NY rev (3m)35.36%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-17.53%
Revenue NY rev (1m)36.49%
Revenue NY rev (3m)8.25%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 13.49 | ||
| Fwd PE | 6.9 | ||
| P/S | 3.36 | ||
| P/FCF | 15.05 | ||
| P/OCF | 13.27 | ||
| P/B | 2.7 | ||
| P/tB | 2.7 | ||
| EV/EBITDA | 11.95 |
EPS(TTM)2.37
EY7.42%
EPS(NY)4.63
Fwd EY14.5%
FCF(TTM)2.12
FCFY6.64%
OCF(TTM)2.41
OCFY7.53%
SpS9.52
BVpS11.85
TBVpS11.85
PEG (NY)0.81
PEG (5Y)0.24
Graham Number25.13
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 | 2.4 |
F-Score5
WACC7.78%
ROIC/WACC1.13
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 Y16.64%
EPS Next 2Y18.14%
EPS Next 3Y2.85%
EPS Next 5YN/A
Revenue 1Y (TTM)-4.86%
Revenue growth 3Y32.49%
Revenue growth 5Y25.2%
Sales Q2Q%6.68%
Revenue Next Year10.53%
Revenue Next 2Y7.78%
Revenue Next 3Y0.05%
Revenue Next 5YN/A
EBIT growth 1Y-36.56%
EBIT growth 3Y72.28%
EBIT growth 5Y28.92%
EBIT Next Year29.39%
EBIT Next 3Y5.59%
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.
Can you provide the valuation status for OKEANIS ECO TANKERS CORP?
ChartMill assigns a valuation rating of 5 / 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.
Can you provide the expected EPS growth for ECO stock?
The Earnings per Share (EPS) of OKEANIS ECO TANKERS CORP (ECO) is expected to grow by 16.64% in the next year.