XOSL
OET
Market cap731mUSD
Apr 30, Last price
241.50NOK
1D
-0.41%
1Q
-10.89%
IPO
228.57%
Name
Okeanis Eco Tankers Corp
Chart & Performance
P/E
6.72
P/S
1.86
EPS
3.46
Div Yield, %
41.05%
Shrs. gr., 5y
-0.04%
Rev. gr., 5y
25.22%
Revenues
393m
-4.81%
Net income
109m
-25.05%
CFO
163m
-6.44%
Dividend
Aug 20, 202411.50063 NOK/sh
Earnings
May 14, 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 | FY |
|---|---|---|---|---|---|---|---|
| 2024‑12 | 2023‑12 | 2022‑12 | 2021‑12 | 2020‑12 | 2019‑12 | 2018‑12 | |
| Income | |||||||
Revenues | 393,230 -4.81% | 413,097 52.45% | 270,972 60.34% | ||||
Cost of revenue | 221,676 | 211,974 | 151,619 | ||||
Unusual Expense (Income) | |||||||
NOPBT | 171,554 | 201,123 | 119,354 | ||||
NOPBT Margin | 43.63% | 48.69% | 44.05% | ||||
Operating Taxes | (1,968) | ||||||
Tax Rate | |||||||
NOPAT | 171,554 | 201,123 | 121,322 | ||||
Net income | 108,863 -25.05% | 145,251 71.77% | 84,560 -9,465.39% | ||||
Dividends | (19,595) | ||||||
Dividend yield | 0.36% | ||||||
Proceeds from repurchase of equity | (106,562) | (159,361) | (20,607) | ||||
BB yield | 1.43% | 1.84% | 0.38% | ||||
| Debt | |||||||
Debt current | 46,690 | 77,949 | 70,799 | ||||
Long-term debt | 598,957 | 615,334 | 668,236 | ||||
Deferred revenue | |||||||
Other long-term liabilities | 45 | 33 | 24 | ||||
Net debt | 596,303 | 640,280 | 653,180 | ||||
| Cash flow | |||||||
Cash from operating activities | 162,818 | 174,032 | 82,520 | ||||
CAPEX | (178,601) | ||||||
Cash from investing activities | (7,940) | 961 | (178,720) | ||||
Cash from financing activities | (154,680) | (207,066) | 138,965 | ||||
FCF | 217,745 | 228,099 | (65,563) | ||||
| Balance | |||||||
Cash | 49,344 | 49,992 | 81,346 | ||||
Long term investments | 3,010 | 4,510 | |||||
Excess cash | 29,682 | 32,348 | 72,307 | ||||
Stockholders' equity | 400,509 | 291,652 | 146,431 | ||||
Invested Capital | 1,026,437 | 1,069,100 | 1,088,980 | ||||
ROIC | 16.37% | 18.64% | 12.22% | ||||
ROCE | 16.24% | 18.26% | 10.28% | ||||
| EV | |||||||
Common stock shares outstanding | 32,194 | 32,194 | 32,202 | ||||
Price | 231.00 -14.29% | 269.50 58.34% | 170.20 139.72% | ||||
Market cap | 7,436,839 -14.29% | 8,676,312 58.30% | 5,480,847 138.46% | ||||
EV | 8,033,142 | 9,316,592 | 6,134,056 | ||||
EBITDA | 212,688 | 241,506 | 157,317 | ||||
EV/EBITDA | 37.77 | 38.58 | 38.99 | ||||
Interest | 53,628 | 58,681 | 35,077 | ||||
Interest/NOPBT | 31.26% | 29.18% | 29.39% | ||||