Latest Ratios: P/E Ratio 14.2x · EV/EBITDA 11.0x · ROE 25.0%. (2018–2025 historical series)
Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|---|---|---|---|
| Market Cap | $1.8B | $1.1B | $684M | $863M | — | — | — | — | — |
| Enterprise Value | $2.2B | $1.6B | $1.3B | $1.5B | — | — | — | — | — |
| P/E Ratio → | 14.25 | 8.98 | 6.29 | 5.94 | — | — | — | — | — |
| P/S Ratio | 4.49 | 2.82 | 1.74 | 2.09 | — | — | — | — | — |
| P/B Ratio | 3.05 | 1.92 | 1.67 | 2.11 | — | — | — | — | — |
| P/FCF | 24.70 | 15.50 | 4.45 | 5.03 | — | — | — | — | — |
| P/OCF | 15.78 | 9.90 | 4.15 | 4.93 | — | — | — | — | — |
P/E links to full P/E history page with 30-year chart
Enterprise-value multiples — capital-structure-neutral measures of total business value
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|---|---|---|---|
| EV / Revenue | — | 4.06 | 3.26 | 3.65 | — | — | — | — | — |
| EV / EBITDA | 11.01 | 7.80 | 6.28 | 6.24 | — | — | — | — | — |
| EV / EBIT | 13.81 | 9.79 | 7.86 | 7.49 | — | — | — | — | — |
| EV / FCF | — | 22.37 | 8.34 | 8.78 | — | — | — | — | — |
Margins and return-on-capital ratios measuring operating efficiency
Full margin charts and quarterly trend are on the Earnings History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 57.3% | 57.3% | 56.9% | 53.6% | 45.5% | 26.4% | 54.1% | 41.5% | 22.1% |
| Operating Margin | 41.5% | 41.5% | 41.4% | 48.7% | 40.6% | 18.9% | 50.0% | 35.8% | 14.8% |
| Net Profit Margin | 31.4% | 31.4% | 27.7% | 35.2% | 31.2% | -0.5% | 35.8% | 8.9% | -10.3% |
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|---|---|---|---|
| ROE | 25.0% | 25.0% | 26.6% | 35.0% | 21.7% | -0.2% | 27.4% | 3.5% | -1.0% |
| ROA | 10.8% | 10.8% | 9.8% | 12.6% | 7.9% | -0.1% | 8.5% | 1.3% | -0.5% |
| ROIC | 11.8% | 11.8% | 11.9% | 14.2% | 8.4% | 2.3% | 9.4% | 4.0% | 0.5% |
| ROCE | 15.2% | 15.2% | 16.0% | 19.0% | 11.1% | 3.1% | 13.0% | 5.5% | 0.7% |
Solvency and debt-coverage ratios — lower is generally safer
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | 1.06 | 1.06 | 1.57 | 1.70 | 1.75 | 1.61 | 2.10 | 2.14 | 1.07 |
| Debt / EBITDA | 2.97 | 2.97 | 3.17 | 2.87 | 4.99 | 8.16 | 4.56 | 10.41 | 29.17 |
| Net Debt / Equity | — | 0.85 | 1.45 | 1.58 | 1.56 | 1.50 | 2.04 | 2.11 | 1.02 |
| Net Debt / EBITDA | 2.39 | 2.39 | 2.92 | 2.66 | 4.44 | 7.62 | 4.42 | 10.22 | 27.62 |
| Debt / FCF | — | 6.87 | 3.88 | 3.75 | — | 85.68 | — | — | — |
| Interest Coverage | — | — | 3.04 | 3.43 | 3.14 | 0.72 | 3.75 | 1.35 | 0.51 |
Short-term solvency ratios and asset-utilisation metrics
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 3.41 | 3.41 | 1.64 | 1.31 | 1.66 | 1.02 | 0.53 | 0.50 | 0.88 |
| Quick Ratio | 3.16 | 3.16 | 1.30 | 1.07 | 1.48 | 0.81 | 0.47 | 0.42 | 0.80 |
| Cash Ratio | 1.69 | 1.69 | 0.68 | 0.47 | 0.88 | 0.62 | 0.25 | 0.16 | 0.53 |
| Asset Turnover | — | 0.33 | 0.36 | 0.37 | 0.23 | 0.18 | 0.22 | 0.11 | 0.04 |
| Inventory Turnover | 9.67 | 9.67 | 6.97 | 7.56 | 8.69 | 9.85 | 22.53 | 11.41 | 8.46 |
| Days Sales Outstanding | — | 79.32 | 37.13 | 50.76 | 67.60 | 18.96 | 28.20 | 57.61 | 107.99 |
Earnings, FCF, buyback, and dividend yields — total returns to shareholders
Full dividend history and growth charts are on the Dividend History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|---|---|---|---|
| Dividend Yield | 4.0% | 6.4% | — | — | — | — | — | — | — |
| Payout Ratio | 57.5% | 57.5% | — | — | — | — | 43.2% | — | — |
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|---|---|---|---|
| Earnings Yield | 7.0% | 11.1% | 15.9% | 16.8% | — | — | — | — | — |
| FCF Yield | 4.0% | 6.5% | 22.5% | 19.9% | — | — | — | — | — |
| Buyback Yield | 0.0% | 0.0% | 0.0% | 0.0% | — | — | — | — | — |
| Total Shareholder Yield | 4.0% | 6.4% | 0.0% | 0.0% | — | — | — | — | — |
| Shares Outstanding | — | $33M | $32M | $32M | $32M | $32M | $32M | $32M | $21M |
Spot rate volatility exposure
According to recent market data, ECO trades at a P/E of 13.23, which appears to command a premium over peers like Teekay Tankers, suggesting investors are pricing in the superior fuel efficiency and scrubber-integrated technical advantages of its modern tanker fleet relative to older industry tonnage.
The forward P/E of 4.40 implies that the market anticipates significant earnings growth, likely tied to sustained high spot rates and the company's low-cost operating structure. However, the PEG ratio of 3.43 suggests that this valuation may be stretched if the current cyclical tailwinds in the crude tanker market begin to moderate.
Based on reported figures, ECO's ROIC reached 6.3% in 2026Q1, a notable improvement from the 1.7% seen in 2025Q1, indicating that the company is successfully compounding returns as its modern, scrubber-fitted vessels capture higher time charter equivalent rates in a tightening global crude oil supply environment.
The trend in ROIC suggests that the company's profitability is highly sensitive to operational efficiency rather than just asset scale. Investors should monitor whether these returns can remain elevated as the company continues to navigate the lumpy capital expenditure requirements associated with mandatory vessel dry-docking cycles.
As reported in financial statements, ECO's cash conversion cycle stood at 50 days in 2026Q1, a figure that remains consistent with historical norms and reflects the company's ability to manage its receivables and payables effectively despite the inherent volatility of the global spot shipping market.
The asset turnover ratio of 0.13 indicates a highly capital-intensive business model where revenue generation is heavily dependent on the utilization of a fixed, high-value fleet. The stability in DSO and DPO suggests that management maintains disciplined control over counterparty credit risk and supplier payment terms.
Based on an analysis of sector-wide norms, the reported 0.94 debt-to-equity ratio for ECO is frequently misapplied by investors who fail to account for potential off-balance-sheet lease obligations, which may obscure the true financial leverage and interest rate sensitivity of this capital-intensive shipping business model.
Relying solely on the D/E ratio ignores the reality that shipping companies often utilize complex financing structures that do not appear as traditional debt. Analysts should instead prioritize the debt-to-EBITDA ratio or interest coverage metrics to gain a more accurate assessment of the company's ability to service its obligations during cyclical downturns.
Includes 30+ ratios · 8 years · Updated daily
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Quick answers to the most common questions about buying ECO stock.
Okeanis Eco Tankers Corp.'s current P/E ratio is 14.2x. The historical average is 7.1x. This places it at the 100th percentile of its historical range.
Okeanis Eco Tankers Corp.'s current EV/EBITDA is 11.0x. This enterprise value multiple compares the company's total value (equity + debt - cash) to its EBITDA. The historical average is 6.8x.
Okeanis Eco Tankers Corp.'s return on equity (ROE) is 25.0%. This is above the typical threshold of 15-20% considered good for most companies. The historical average is 17.2%.
Based on historical data, Okeanis Eco Tankers Corp. is trading at a P/E of 14.2x. This is at the 100th percentile of its historical P/E range. Compare with industry peers and growth rates for a complete picture.
Okeanis Eco Tankers Corp.'s current dividend yield is 4.04% with a payout ratio of 57.5%.
Okeanis Eco Tankers Corp. has 57.3% gross margin and 41.5% operating margin. Operating margin above 20% indicates strong pricing power and cost efficiency.
Okeanis Eco Tankers Corp.'s Debt/EBITDA ratio is 3.0x, indicating moderate leverage. A ratio between 2-4x is manageable but warrants monitoring.