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

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

238  +6 (+2.59%)

Fundamental Rating

5

Overall OET gets a fundamental rating of 5 out of 10. We evaluated OET against 61 industry peers in the Oil, Gas & Consumable Fuels industry. Both the profitability and the financial health of OET get a neutral evaluation. Nothing too spectacular is happening here. OET is cheap, but on the other hand it scores bad on growth.


Dividend Valuation Growth Profitability Health

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6

1. Profitability

1.1 Basic Checks

OET had positive earnings in the past year.
OET had a positive operating cash flow in the past year.
The reported net income has been mixed in the past 5 years: OET reported negative net income in multiple years.
Of the past 5 years OET 4 years had a positive operating cash flow.
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

With a decent Return On Assets value of 10.67%, OET is doing good in the industry, outperforming 78.69% of the companies in the same industry.
The Return On Equity of OET (28.40%) is better than 81.97% of its industry peers.
OET's Return On Invested Capital of 12.81% is fine compared to the rest of the industry. OET outperforms 78.69% of its industry peers.
OET had an Average Return On Invested Capital over the past 3 years of 8.55%. This is below the industry average of 11.72%.
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

With an excellent Profit Margin value of 29.25%, OET belongs to the best of the industry, outperforming 83.61% of the companies in the same industry.
OET's Profit Margin has been stable in the last couple of years.
OET has a better Operating Margin (42.56%) than 86.89% of its industry peers.
In the last couple of years the Operating Margin of OET has grown nicely.
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

OET has a Return on Invested Capital (ROIC), which is just above the Cost of Capital (WACC), which means it is creating some value.
There is no outstanding debt for OET. This means it has a Debt/Equity and Debt/FCF ratio of 0 and it is amongst the best of the sector and 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

OET has an Altman-Z score of 2.07. This is not the best score and indicates that OET is in the grey zone with still only limited risk for bankruptcy at the moment.
OET's Altman-Z score of 2.07 is in line compared to the rest of the industry. OET outperforms 57.38% 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 has a Debt to FCF ratio (5.17) which is in line with its industry peers.
OET has a Debt/Equity ratio of 1.48. This is a high value indicating a heavy dependency on external financing.
OET has a worse Debt to Equity ratio (1.48) than 81.97% of its industry peers.
Industry RankSector Rank
Debt/Equity 1.48
Debt/FCF 5.17
Altman-Z 2.07
ROIC/WACC1.55
WACC8.28%
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

A Current Ratio of 1.69 indicates that OET should not have too much problems paying its short term obligations.
With a decent Current ratio value of 1.69, OET is doing good in the industry, outperforming 65.57% of the companies in the same industry.
A Quick Ratio of 1.34 indicates that OET should not have too much problems paying its short term obligations.
With a decent Quick ratio value of 1.34, OET is doing good in the industry, outperforming 63.93% 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

OET shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -26.39%.
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

OET is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 16.03% yearly.
The Revenue is expected to decrease by -0.09% on average over the next years.
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

The estimated forward EPS growth is still strong, although it is decreasing when compared to the stronger growth in 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

A Price/Earnings ratio of 6.89 indicates a rather cheap valuation of OET.
OET's Price/Earnings ratio is a bit cheaper when compared to the industry. OET is cheaper than 72.13% of the companies in the same industry.
OET's Price/Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 28.79.
The Price/Forward Earnings ratio is 5.52, which indicates a rather cheap valuation of OET.
Compared to the rest of the industry, the Price/Forward Earnings ratio of OET indicates a rather cheap valuation: OET is cheaper than 91.80% of the companies listed in the same industry.
The average S&P500 Price/Forward Earnings ratio is at 21.38. OET is valued rather cheaply when compared to this.
Industry RankSector Rank
PE 6.89
Fwd PE 5.52
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

OET's Enterprise Value to EBITDA ratio is in line with the industry average.
Based on the Price/Free Cash Flow ratio, OET is valued a bit cheaper than 75.41% of the companies in the same industry.
Industry RankSector Rank
P/FCF 5.92
EV/EBITDA 6.36
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

The low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
The decent profitability rating of OET may justify a higher PE ratio.
OET's earnings are expected to grow with 16.03% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.28
PEG (5Y)0.12
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 1.63%.
Compared to an average industry Dividend Yield of 61.27, OET is paying slightly less dividend.
Compared to the average S&P500 Dividend Yield of 2.51, OET is paying slightly less dividend.
Industry RankSector Rank
Dividend Yield 1.63%

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 (4/25/2025, 7:00:00 PM)

238

+6 (+2.59%)

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 Cap7.83B
Analysts82
Price Target405.71 (70.47%)
Short Float %N/A
Short RatioN/A
Dividend
Industry RankSector Rank
Dividend Yield 1.63%
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)-50.3%
EPS NY rev (1m)-1.18%
EPS NY rev (3m)-27.48%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-21.23%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-1.08%
Valuation
Industry RankSector Rank
PE 6.89
Fwd PE 5.52
P/S 1.88
P/FCF 5.92
P/OCF 5.53
P/B 1.83
P/tB 1.83
EV/EBITDA 6.36
EPS(TTM)34.52
EY14.5%
EPS(NY)43.14
Fwd EY18.13%
FCF(TTM)40.17
FCFY16.88%
OCF(TTM)43.01
OCFY18.07%
SpS126.36
BVpS130.16
TBVpS130.16
PEG (NY)0.28
PEG (5Y)0.12
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 2.07
F-Score5
WACC8.28%
ROIC/WACC1.55
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