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OKEANIS ECO TANKERS CORP (OET.OL) Stock Fundamental Analysis

OSL:OET - Euronext Oslo - MHY641771016 - Common Stock - Currency: NOK

255  -2.25 (-0.87%)

Fundamental Rating

5

OET gets a fundamental rating of 5 out of 10. The analysis compared the fundamentals against 58 industry peers in the Oil, Gas & Consumable Fuels industry. OET has only an average score on both its financial health and profitability. OET has a bad growth rate and is valued cheaply.


Dividend Valuation Growth Profitability Health

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6

1. Profitability

1.1 Basic Checks

In the past year OET was profitable.
OET had a positive operating cash flow in the past year.
In multiple years OET reported negative net income over the last 5 years.
OET had a positive operating cash flow in 4 of the past 5 years.
OET.OL Yearly Net Income VS EBIT VS OCF VS FCFOET.OL Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2018 2019 2020 2021 2022 2023 0 200M -200M -400M

1.2 Ratios

OET has a Return On Assets of 10.67%. This is in the better half of the industry: OET outperforms 75.86% of its industry peers.
OET's Return On Equity of 28.40% is fine compared to the rest of the industry. OET outperforms 79.31% of its industry peers.
OET has a Return On Invested Capital of 12.81%. This is in the better half of the industry: OET outperforms 75.86% of its industry peers.
OET had an Average Return On Invested Capital over the past 3 years of 8.55%. This is significantly below the industry average of 15.08%.
The last Return On Invested Capital (12.81%) for OET is above the 3 year average (8.55%), which is a sign of increasing profitability.
Industry RankSector Rank
ROA 10.67%
ROE 28.4%
ROIC 12.81%
ROA(3y)6.64%
ROA(5y)5.8%
ROE(3y)18.45%
ROE(5y)16.84%
ROIC(3y)8.55%
ROIC(5y)7.7%
OET.OL Yearly ROA, ROE, ROICOET.OL Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2018 2019 2020 2021 2022 2023 0 10 20 30

1.3 Margins

The Profit Margin of OET (29.25%) is better than 81.03% of its industry peers.
OET's Profit Margin has been stable in the last couple of years.
OET has a better Operating Margin (42.56%) than 86.21% of its industry peers.
OET's Operating Margin has improved in the last couple of years.
Industry RankSector Rank
OM 42.56%
PM (TTM) 29.25%
GM N/A
OM growth 3Y-0.87%
OM growth 5Y26.87%
PM growth 3Y-0.61%
PM growth 5YN/A
GM growth 3YN/A
GM growth 5YN/A
OET.OL Yearly Profit, Operating, Gross MarginsOET.OL Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2018 2019 2020 2021 2022 2023 0 20 40

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4

2. Health

2.1 Basic Checks

The Return on Invested Capital (ROIC) is just above the Cost of Capital (WACC), so OET is still creating some value.
OET has no outstanding debt. Therefor its Debt/Equity and Debt/FCF ratios are 0 and belong to the best of the industry.
OET.OL Yearly Shares OutstandingOET.OL Yearly Shares OutstandingYearly Shares Outstanding 2018 2019 2020 2021 2022 2023 10M 20M 30M
OET.OL Yearly Total Debt VS Total AssetsOET.OL Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2018 2019 2020 2021 2022 2023 200M 400M 600M 800M 1B

2.2 Solvency

An Altman-Z score of 2.14 indicates that OET is not a great score, but indicates only limited risk for bankruptcy at the moment.
OET's Altman-Z score of 2.14 is fine compared to the rest of the industry. OET outperforms 62.07% of its industry peers.
The Debt to FCF ratio of OET is 5.17, which is a neutral value as it means it would take OET, 5.17 years of fcf income to pay off all of its debts.
OET's Debt to FCF ratio of 5.17 is in line compared to the rest of the industry. OET outperforms 58.62% of its industry peers.
A Debt/Equity ratio of 1.48 is on the high side and indicates that OET has dependencies on debt financing.
OET has a Debt to Equity ratio of 1.48. This is amonst the worse of the industry: OET underperforms 82.76% of its industry peers.
Industry RankSector Rank
Debt/Equity 1.48
Debt/FCF 5.17
Altman-Z 2.14
ROIC/WACC1.56
WACC8.23%
OET.OL Yearly LT Debt VS Equity VS FCFOET.OL Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2018 2019 2020 2021 2022 2023 0 200M -200M 400M -400M 600M

2.3 Liquidity

OET has a Current Ratio of 1.69. This is a normal value and indicates that OET is financially healthy and should not expect problems in meeting its short term obligations.
OET has a better Current ratio (1.69) than 62.07% of its industry peers.
A Quick Ratio of 1.34 indicates that OET should not have too much problems paying its short term obligations.
Looking at the Quick ratio, with a value of 1.34, OET is in the better half of the industry, outperforming 62.07% of the companies in the same industry.
Industry RankSector Rank
Current Ratio 1.69
Quick Ratio 1.34
OET.OL Yearly Current Assets VS Current LiabilitesOET.OL Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2018 2019 2020 2021 2022 2023 50M 100M 150M

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2

3. Growth

3.1 Past

The earnings per share for OET have decreased strongly by -26.39% in the last year.
OET shows a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 56.82% yearly.
EPS 1Y (TTM)-26.39%
EPS 3Y122.85%
EPS 5Y56.82%
EPS Q2Q%-34.92%
Revenue 1Y (TTM)N/A
Revenue growth 3YN/A
Revenue growth 5YN/A
Sales Q2Q%-7.07%

3.2 Future

The Earnings Per Share is expected to grow by 16.03% on average over the next years. This is quite good.
OET is expected to show a decrease in Revenue. In the coming years, the Revenue will decrease by -0.09% yearly.
EPS Next Y24.97%
EPS Next 2Y21.37%
EPS Next 3Y16.03%
EPS Next 5YN/A
Revenue Next Year19.82%
Revenue Next 2Y11.63%
Revenue Next 3Y-0.09%
Revenue Next 5YN/A

3.3 Evolution

Although the future EPS growth is still strong, it is not able to hold up the even more excellent growth rate of the past years.
OET.OL Yearly Revenue VS EstimatesOET.OL Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 100M 200M 300M 400M
OET.OL Yearly EPS VS EstimatesOET.OL Yearly EPS VS EstimatesYearly EPS VS Estimates 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 0 1 2 3 4 5

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8

4. Valuation

4.1 Price/Earnings Ratio

The Price/Earnings ratio is 7.39, which indicates a rather cheap valuation of OET.
Based on the Price/Earnings ratio, OET is valued a bit cheaper than the industry average as 65.52% of the companies are valued more expensively.
Compared to an average S&P500 Price/Earnings ratio of 28.10, OET is valued rather cheaply.
The Price/Forward Earnings ratio is 5.91, which indicates a rather cheap valuation of OET.
Based on the Price/Forward Earnings ratio, OET is valued cheaper than 81.03% of the companies in the same industry.
Compared to an average S&P500 Price/Forward Earnings ratio of 20.74, OET is valued rather cheaply.
Industry RankSector Rank
PE 7.39
Fwd PE 5.91
OET.OL Price Earnings VS Forward Price EarningsOET.OL Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 5 10 15 20 25

4.2 Price Multiples

Based on the Enterprise Value to EBITDA ratio, OET is valued a bit more expensive than the industry average as 63.79% of the companies are valued more cheaply.
Based on the Price/Free Cash Flow ratio, OET is valued a bit cheaper than 74.14% of the companies in the same industry.
Industry RankSector Rank
P/FCF 6.35
EV/EBITDA 6.74
OET.OL Per share dataOET.OL EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 20 40 60 80 100

4.3 Compensation for Growth

OET's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
OET has a very decent profitability rating, which may justify a higher PE ratio.
A more expensive valuation may be justified as OET's earnings are expected to grow with 16.03% in the coming years.
PEG (NY)0.3
PEG (5Y)0.13
EPS Next 2Y21.37%
EPS Next 3Y16.03%

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1

5. Dividend

5.1 Amount

OET has a Yearly Dividend Yield of 1.47%. Purely for dividend investing, there may be better candidates out there.
OET's Dividend Yield is slightly below the industry average, which is at 61.98.
Compared to the average S&P500 Dividend Yield of 2.43, OET is paying slightly less dividend.
Industry RankSector Rank
Dividend Yield 1.47%

5.2 History

Dividend Growth(5Y)N/A
Div Incr Years0
Div Non Decr Years0

5.3 Sustainability

DP0%
EPS Next 2Y21.37%
EPS Next 3Y16.03%
OET.OL Yearly Income VS Free CF VS DividendOET.OL Yearly Income VS Free CF VS DividendYearly Income VS Free CF VS Dividend 2018 2019 2020 2021 2022 2023 0 100M -100M -200M -300M -400M

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OKEANIS ECO TANKERS CORP

OSL:OET (5/6/2025, 4:19:41 PM)

255

-2.25 (-0.87%)

Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryOil, Gas & Consumable Fuels
Earnings (Last)02-19 2025-02-19/amc
Earnings (Next)05-14 2025-05-14
Inst Owners18.19%
Inst Owner ChangeN/A
Ins Owners2.95%
Ins Owner ChangeN/A
Market Cap8.39B
Analysts82.22
Price Target405.71 (59.1%)
Short Float %N/A
Short RatioN/A
Dividend
Industry RankSector Rank
Dividend Yield 1.47%
Yearly Dividend0
Dividend Growth(5Y)N/A
DP0%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-11.54%
Min EPS beat(2)-19.36%
Max EPS beat(2)-3.73%
EPS beat(4)1
Avg EPS beat(4)-5.22%
Min EPS beat(4)-19.36%
Max EPS beat(4)3.21%
EPS beat(8)2
Avg EPS beat(8)-8.12%
EPS beat(12)4
Avg EPS beat(12)11.75%
EPS beat(16)4
Avg EPS beat(16)-50%
Revenue beat(2)2
Avg Revenue beat(2)35.37%
Min Revenue beat(2)19.23%
Max Revenue beat(2)51.51%
Revenue beat(4)4
Avg Revenue beat(4)39.24%
Min Revenue beat(4)19.23%
Max Revenue beat(4)55.15%
Revenue beat(8)8
Avg Revenue beat(8)34.74%
Revenue beat(12)12
Avg Revenue beat(12)37.75%
Revenue beat(16)16
Avg Revenue beat(16)33.69%
PT rev (1m)0%
PT rev (3m)-6.8%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-20.13%
EPS NY rev (1m)0%
EPS NY rev (3m)-2.19%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-6.73%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-0.92%
Valuation
Industry RankSector Rank
PE 7.39
Fwd PE 5.91
P/S 2.02
P/FCF 6.35
P/OCF 5.93
P/B 1.96
P/tB 1.96
EV/EBITDA 6.74
EPS(TTM)34.5
EY13.53%
EPS(NY)43.12
Fwd EY16.91%
FCF(TTM)40.15
FCFY15.75%
OCF(TTM)42.99
OCFY16.86%
SpS126.3
BVpS130.1
TBVpS130.1
PEG (NY)0.3
PEG (5Y)0.13
Profitability
Industry RankSector Rank
ROA 10.67%
ROE 28.4%
ROCE 16.64%
ROIC 12.81%
ROICexc 13.46%
ROICexgc 13.46%
OM 42.56%
PM (TTM) 29.25%
GM N/A
FCFM 31.79%
ROA(3y)6.64%
ROA(5y)5.8%
ROE(3y)18.45%
ROE(5y)16.84%
ROIC(3y)8.55%
ROIC(5y)7.7%
ROICexc(3y)9.06%
ROICexc(5y)8.05%
ROICexgc(3y)9.06%
ROICexgc(5y)8.05%
ROCE(3y)11.11%
ROCE(5y)10%
ROICexcg growth 3Y18.35%
ROICexcg growth 5Y96.67%
ROICexc growth 3Y18.35%
ROICexc growth 5Y96.67%
OM growth 3Y-0.87%
OM growth 5Y26.87%
PM growth 3Y-0.61%
PM growth 5YN/A
GM growth 3YN/A
GM growth 5YN/A
F-Score5
Asset Turnover0.36
Health
Industry RankSector Rank
Debt/Equity 1.48
Debt/FCF 5.17
Debt/EBITDA 2.89
Cap/Depr 21.86%
Cap/Sales 2.24%
Interest Coverage 3.01
Cash Conversion 64.42%
Profit Quality 108.67%
Current Ratio 1.69
Quick Ratio 1.34
Altman-Z 2.14
F-Score5
WACC8.23%
ROIC/WACC1.56
Cap/Depr(3y)174.4%
Cap/Depr(5y)548.05%
Cap/Sales(3y)25.99%
Cap/Sales(5y)97.19%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-26.39%
EPS 3Y122.85%
EPS 5Y56.82%
EPS Q2Q%-34.92%
EPS Next Y24.97%
EPS Next 2Y21.37%
EPS Next 3Y16.03%
EPS Next 5YN/A
Revenue 1Y (TTM)N/A
Revenue growth 3YN/A
Revenue growth 5YN/A
Sales Q2Q%-7.07%
Revenue Next Year19.82%
Revenue Next 2Y11.63%
Revenue Next 3Y-0.09%
Revenue Next 5YN/A
EBIT growth 1Y-25%
EBIT growth 3Y12.47%
EBIT growth 5Y115.52%
EBIT Next Year0.79%
EBIT Next 3Y4.98%
EBIT Next 5Y3.97%
FCF growth 1Y194.45%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y205.98%
OCF growth 3Y4.57%
OCF growth 5YN/A