XNYSECO
Market cap585mUSD
Dec 20, Last price
18.83USD
1D
-1.67%
1Q
-42.42%
IPO
-34.12%
Name
Okeanis Eco Tankers Corp
Chart & Performance
P/E
4.08
P/S
1.44
EPS
4.61
Div Yield, %
26.87%
Shrs. gr., 5y
8.66%
Rev. gr., 5y
69.87%
Revenues
413m
+52.45%
Net income
145m
+71.77%
CFO
174m
+110.90%
Dividend
Aug 20, 20241.1 USD/sh
Earnings
Feb 26, 2025
Profile
Okeanis Eco Tankers Corp., a tanker company, engages in the ownership, chartering and operation of oil tanker vessels worldwide. The company also provides various shipping services, such as technical support, maintenance, and insurance consulting services. It operates a fleet of six modern scrubber-fitted Suezmax tankers and eight modern scrubber-fitted VLCC tankers. The company was incorporated in 2018 and is based in Piraeus, Greece.
Valuation
Title USD in thousands, except ratios and share amounts | FY | FY | FY | FY | FY | FY |
|---|---|---|---|---|---|---|
| 2023‑12 | 2022‑12 | 2021‑12 | 2020‑12 | 2019‑12 | 2018‑12 | |
| Income | ||||||
Revenues | 413,097 52.45% | 270,972 60.34% | 168,998 -40.26% | |||
Cost of revenue | 211,974 | 151,619 | 126,922 | |||
Unusual Expense (Income) | ||||||
NOPBT | 201,123 | 119,354 | 42,077 | |||
NOPBT Margin | 48.69% | 44.05% | 24.90% | |||
Operating Taxes | (1,968) | (5,494) | ||||
Tax Rate | ||||||
NOPAT | 201,123 | 121,322 | 47,570 | |||
Net income | 145,251 71.77% | 84,560 -9,465.39% | (903) -100.89% | |||
Dividends | (19,595) | (3,220) | ||||
Dividend yield | 0.36% | 0.14% | ||||
Proceeds from repurchase of equity | (159,361) | (20,607) | (69,122) | |||
BB yield | 1.84% | 0.38% | 3.01% | |||
| Debt | ||||||
Debt current | 77,949 | 70,799 | 42,213 | |||
Long-term debt | 615,334 | 668,236 | 534,783 | |||
Deferred revenue | ||||||
Other long-term liabilities | 33 | 24 | 17 | |||
Net debt | 640,280 | 653,180 | 530,252 | |||
| Cash flow | ||||||
Cash from operating activities | 174,032 | 82,520 | 28,594 | |||
CAPEX | (178,601) | (20,388) | ||||
Cash from investing activities | 961 | (178,720) | 285,678 | |||
Cash from financing activities | (207,066) | 138,965 | (299,428) | |||
FCF | 228,099 | (65,563) | 362,142 | |||
| Balance | ||||||
Cash | 49,992 | 81,346 | 38,183 | |||
Long term investments | 3,010 | 4,510 | 8,561 | |||
Excess cash | 32,348 | 72,307 | 38,294 | |||
Stockholders' equity | 291,652 | 146,431 | 61,871 | |||
Invested Capital | 1,069,100 | 1,088,980 | 896,997 | |||
ROIC | 18.64% | 12.22% | 4.50% | |||
ROCE | 18.26% | 10.28% | 4.50% | |||
| EV | ||||||
Common stock shares outstanding | 32,194 | 32,202 | 32,372 | |||
Price | 269.50 58.34% | 170.20 139.72% | 71.00 30.04% | |||
Market cap | 8,676,312 58.30% | 5,480,847 138.46% | 2,298,440 29.68% | |||
EV | 9,316,592 | 6,134,056 | 2,828,718 | |||
EBITDA | 241,506 | 157,317 | 80,743 | |||
EV/EBITDA | 38.58 | 38.99 | 35.03 | |||
Interest | 58,681 | 35,077 | 27,083 | |||
Interest/NOPBT | 29.18% | 29.39% | 64.37% | |||