Okeanis Eco Tankers Corp. (ECO) fair value: what the stock is really worth
As of Nov 6, 2026: fair value (intrinsic value) of Okeanis Eco Tankers Corp. stock $77.85, price $83.26, that is 6.5% below the price, quality 50 out of 100. Rating: fairly valued. Calculated from audited financials with 26 valuation models and 37 quality factors, updated daily.
69 individual criteria per stock, every one traceableSee the method →
Price vs Fair Value
White line = price, green steps = our fair value per fiscal year. As of Nov 9, 2026.
How to read this chart
60‑month range $2.44 – $101.63 · fair‑value band $40.96 – $127.53 · the $83.26 price screens above the $77.85 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). As of Nov 9, 2026.
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Okeanis Eco Tankers Corp., a shipping company, owns and operates tanker vessels worldwide. It operates a fleet of 16 tanker vessels comprising eight modern Suezmax tankers and eight modern VLCC tankers focusing on the transportation of crude oil.
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The company was incorporated in 2018 and is based in Neo Faliro, Greece.
Stock analysis
Okeanis Eco Tankers Corp. (ECO) currently trades at $83.26, while our model-based Fair Value estimate is $77.85, so the stock looks roughly fairly valued today (gap 7.0%).
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Valuation
Bull case: the Growth Earnings group reads highest at a median of $79.38 per share, and 1 of the 26 models we run sit above the $83.26 price.
Bear case: the Asset-Based group reads lowest at $9.83, and 25 of the 26 models stay below the price. Data coverage for this calculation is high.
Scenario range: $40.96 (bear) to $127.53 (bull), the price of $83.26 sits inside it. Bear and bull are the same models on cautious and optimistic assumptions, a range, not a price target.
Quality & growth
The Quality Score stands at 50/100 (solid quality), in the Industrials sector.
Mixed Growth: Revenue is growing, but margins or cash flow do not fully confirm the trend.
Okeanis Eco Tankers Corp. reported revenue of $392M in FY2025 versus $169M in FY2021, a compound +23.4%/yr. Reported net income was $123M in FY2025.
Key figures
Market cap $3.3B Mid · P/E ratio 7.7 · P/S ratio 4.60 · EPS (TTM) $10.80 · Dividend yield 11.5% · Net margin 56.9% · Return on equity 61.6% · Return on assets (EBIT) 11.8% (5-year average).
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 85 out of 100 (low confidence).
What moves the price
The share trades about 18% below its 52-week high and 204% above its 52-week low, currently above its 200-day average.
For context, the median of 10 Industrials peers we cover trades at 13% fair-value upside, at −7%, ECO screens richer than that median.
Fair Value models
Bear$40.96Fair Value $77.85Bull$127.53
Price $83.26 · Downside -6.5%
Model ⓘEach model values the company its own way (discounted cash flow, earnings, assets, dividends). The fair value above starts from their evidence-weighted blend, not from a single model. In cyclical trough or peak years, after dilution or a stock split it is adjusted afterwards, so it can sit above or below the models. Based on fiscal year 2025 figures (about 10 months old). Earnings retained since then ($1.07 per share) are deliberately not added.Bear ⓘBear = the cautious scenario: the same model computed with conservative anchors (lower growth, margins and valuation multiples). Together with Bull it frames a plausible valuation range, not a price target.BaseBull ⓘBull = the optimistic scenario: the same model computed with favourable anchors (higher growth, margins and valuation multiples). Together with Bear it frames a plausible valuation range, not a price target. If a model's bull case is above four times its base value, the table shows that limit with a > sign (like the overall Bull above): beyond it no assumption holds.Coverage ⓘCoverage = how well-backed THIS model's estimate is for this stock (0–100): how complete and reliable its input data are, and how well the model fits the company. The final Fair Value is an evidence-weighted blend, so better-evidenced models count more. Green ≥70, amber 50–69, grey below 50.
Best data coverage
FCF DCF$29.26$57.01$127.4074
EPV$24.30$29.44$33.8574
Growth DCF$27.82$62.99$121.6074
All 26 models by family
DCF Models
FCF DCF$29.26$57.01$127.4074
Owner Earnings$30.34$72.05$150.9271
5Y Revenue Exit$11.75$25.79$46.3869
5Y EBITDA Exit$36.42$81.02$145.2271
5Y P/E Exit$35.54$80.57$136.7268
10Y Revenue Exit$16.75$33.46$56.9764
10Y EBITDA Exit$33.73$75.78$148.9864
10Y P/E Exit$33.14$74.27$141.3760
Earnings-Based
Graham-Dodd$21.41$135.35$189.1263
Lynch FV$39.08$55.83$72.5861
PEG = 1.0$39.08$55.83$72.5857
EPV$24.30$29.44$33.8574
Dividend Discount
Gordon GGM$15.59$30.51$45.3667
DDM Multi-Stage$15.59$26.64$32.2867
Multiples
P/E Multiple$49.60$66.13$82.6663
P/S Multiple$15.04$20.06$25.0758
P/B Multiple$49.54$66.05$82.5655
EV/EBIT$40.56$58.26$75.9565
EV/EBITDA$38.42$55.40$72.3867
EV/Revenue$0.1300$5.54$10.9646
Asset-Based
NCAV (Graham)$7.34$9.83$14.6854
Growth DCF
Growth DCF$27.82$62.99$121.6074
Rev-Margin DCF$11.75$26.06$46.5269
Economic Profit
Residual Income$19.03$23.89$38.0674
ROIC Compounder$29.79$46.28$62.6571
Growth Earnings
Growth-Adj P/E$55.57$79.38$103.1967
The fair value above starts from this blend and is adjusted for dilution from new shares.
In the last 6 months, one officer or director sold shares worth $4.7M and none bought.
SaleDaniel Allen GoldDirector76,959 shares at $60.55$4.7MAug 14, 2026
SaleQVT Financial LPDirector by Deputization76,959 shares at $60.55$4.7MAug 14, 2026
Sales are often planned (taxes, diversification, 10b5-1 plans). Purchases with their own money are seen as the stronger sign. For information only: not part of the quality score or Fair Value.
Growth Quality ⓘGrowth is valuable only when reinvestment earns attractive returns (Aswath Damodaran): sustainable growth depends on return on capital, reinvestment and efficiency. Basis: total company revenue over the periods shown on the cards (3Y/5Y/all years), not per share, so a merger can show up as a growth jump; per-share earnings growth is in the value-creation card.77/100
Revenue is growing, but margins or cash flow do not fully confirm the trend.
Revenue growth 1 year
−0.4%
Revenue growth 3 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+13.1%
Revenue growth 5 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+6.7%
Start year 2020 (pandemic)
Revenue growth 7 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+44.9%
’18
’19
’20
’21
’22
’23
’24
’25
What shareholders gained per year (last 5 years) ⓘWhat the business itself delivers per year: earnings growth per share plus the dividend yield. This is what you get IF the market keeps valuing the stock the same way: it contains no assumption about the market changing its mind. Computed per share, so buybacks count and a merger does not pass as growth. For a company that pays no dividend it is pure earnings growth per share. Period: earnings growth per share as CAGR over the last 5 reported fiscal years (annual statements), plus the current dividend yield. The start value is the median of the three years around the start, so a single crisis year (a pandemic or a write-down) does not distort the rate.
+28.3%
Earnings growth per share plus dividend.
Earnings per share, growth per year+16.8%
Dividend (yield on the price)11.5%
Profit margin 2020 to 2025 ⓘOperating margin then vs now, from reported annual statements. A falling margin after a boom year is the classic peak-earnings signal: the growth rate then leans on an inflated base.50% → 42%
Growth Forecast
A lot of optimism in the price
The price assumes more growth than the company has delivered so far.
What the price assumes ⓘThis turns our valuation around: instead of asking what the share is worth, it asks what growth the current price requires. It uses the cash the company keeps after all spending (free cash flow), the same discount rate as our models, five years of growth, then slowing evenly to 2 % a year by year ten. Compared with the analysts' sales forecasts extended to the same five years (at least three analysts, for context only, it does not enter the Fair Value): within 3 percentage points counts as "in line" (amber), below that little optimism (green), above that a lot of optimism (red).
+28.0%
Yearly growth needed for the next five years to justify today's price.
What forecasts expect
n/a
No analyst forecast available.
After inflation (USA: IMF forecast 2.4% a year to 2030, 3.1% from 2016 to 2025) that is about +25.0% a year for the price.
News mood ⓘNews mood, the average tone of recent news (93 articles), rated against how stocks are usually covered. 🚀 Hype = unusually upbeat · 🙂 Positive = above average · 😐 Neutral = typical · 🙁 Negative = below average · 😨 Very negative = unusually downbeat. It reflects the tone of coverage, not our valuation.Very negative
AI conclusion: The young scrubber-fitted fleet delivers cost and regulatory advantages in tankers, yet limited moat signals and elevated debt relative to equity leave the business exposed to sector volatility.
Main risk: Exposure to tanker rate swings in a volatile market could hit margins even after the shift to conventional financing and fleet expansion.
Okeanis is refinancing with new bank loans to exit sale-and-leaseback structures and add two modern Suezmax newbuilds. Its young, scrubber-fitted fleet already delivers cost and regulatory advantages in a volatile tanker market. Our models see the shares as overvalued. Will the shift to conventional financing and fleet growth deliver lasting margin gains or simply amplify exposure to rate swings?
Compare Okeanis Eco Tankers Corp. with another stock
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Peer GroupⓘHow this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.Marine Shipping · 220 stocks
Beats the industry median on 7/14 measures
A mixed picture versus its industry peers.
Valuation
Quality Score50 · Below median
Fair Value upside−6.5% · Below median
Profitability
Return on equity (12 months)61.6% · Top 25%
Return on assets10.2% · Top 25%
Net margin (12 months)56.9% · Top 25%
Operating margin (12 months)75.0% · Top 25%
Growth and dividend
Revenue growth (quarter YoY)239.4% · Top 25%
Dividend yield (12 months)11.5% · Top 25%
Balance sheet
Debt / equity0.82× · Highest 25%
Valuation Multiplesvs Marine Shipping median · lower = cheaper
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Is Okeanis Eco Tankers Corp. (ECO) overvalued or undervalued?
As of Nov 9, 2026, our model estimates a fair value of $77.85 versus a price of $83.26, about 7% lower (fairly valued).
What is the fair value of ECO?
Our model-based fair value for Okeanis Eco Tankers Corp. is $77.85 (as of Nov 9, 2026), built from audited fundamentals. The current price: $83.26.
What is the quality score of ECO?
Okeanis Eco Tankers Corp. has a Quality Score of 50/100. It measures business quality (profitability, growth, cash flow, balance-sheet strength, investment discipline, share issuance). Market factors such as price momentum and volatility do not enter the number; they are shown separately in the detail view.
What is the price target for Okeanis Eco Tankers Corp. (ECO)?
Our model-based price target is the fair value of $77.85 (as of Nov 9, 2026) from 26 valuation models. Cautious scenario $40.96, optimistic scenario $127.53. It is a calculation from audited fundamentals, not an analyst target.
What is the Okeanis Eco Tankers Corp. stock forecast for 2026?
Our models put fair value at $77.85, about 7% lower versus a price of $83.26 (fairly valued). Cautious scenario $40.96, optimistic scenario $127.53. The calculation is refreshed regularly with new filings.
What is the revenue of Okeanis Eco Tankers Corp. (ECO)?
Okeanis Eco Tankers Corp. reported trailing-twelve-month revenue of about $706M (latest available figure, as of Nov 9, 2026).
Does Okeanis Eco Tankers Corp. pay a dividend?
Okeanis Eco Tankers Corp. currently shows a dividend yield of 11.47% relative to its recent price (as of Nov 9, 2026).
How much is the dividend of Okeanis Eco Tankers Corp. (ECO) and when is the ex-dividend date?
Okeanis Eco Tankers Corp. pays a dividend of $9.55 per share a year, a dividend yield of 11.5%. The last ex-dividend date was Aug 14, 2026. A dividend has been paid every year since at least 2020. The payout ratio is 88.4% of earnings. Free cash flow covers the dividend 0.19 times. Our assessment: Watch coverage. The dividend isn’t fully covered by free cash flow or earnings, part of it is funded from reserves or debt. Fine for now, but worth watching: if it stays uncovered, the dividend could be cut.
What growth is priced into Okeanis Eco Tankers Corp. (ECO)?
For today's price to be fair in a discounted-cash-flow model, Okeanis Eco Tankers Corp. would have to grow free cash flow by +28.0 % per year for five years (discount rate 9.7 %, then slowing evenly to 2 % perpetual growth by year ten). Over the last 5 years revenue grew +6.7 % per year. As of Nov 9, 2026.
What discount rate (WACC) does the fair value of ECO use?
Our models discount Okeanis Eco Tankers Corp. at 9.7 %: a base by market capitalisation (mid), country premium for USA. The same rate applies in all 26 models.
What is a reverse DCF?
A reverse DCF turns the usual calculation around. Instead of deriving a value from assumptions, it takes today's price as given and asks: what free-cash-flow growth would a company have to deliver for exactly this price to be fair? The result is not a forecast but the expectation already priced in. For Okeanis Eco Tankers Corp. that is +28.0 % per year for five years, then slowing evenly to 2 % by year ten, using the same discount rate (9.7 %) and the same formula as our fair value.
How much growth has Okeanis Eco Tankers Corp. (ECO) delivered so far?
Over the past 5 years revenue at Okeanis Eco Tankers Corp. grew +6.7 % a year. The price currently implies free-cash-flow growth of +28.0 % per year. Comparing the two shows how much confidence is in the price: if it demands more than has been delivered, the business has to accelerate for the maths to work.
How fast is the sector of Okeanis Eco Tankers Corp. (ECO) growing?
The median revenue growth in the sector is +7.8 % a year. That is the yardstick for the growth priced into Okeanis Eco Tankers Corp. (+28.0 % per year): it shows whether the expectation is within the usual range or beyond it.
What is the free cash flow yield of Okeanis Eco Tankers Corp. (ECO)?
The free-cash-flow yield on the price is 2.19 %: that much free cash flow Okeanis Eco Tankers Corp. produces per unit of market value. When it exceeds the discount rate of our models (9.7 %), the business already earns more than its cost of capital demands, and the price needs little additional growth.
What is the intrinsic value of Okeanis Eco Tankers Corp. (ECO)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For Okeanis Eco Tankers Corp. it is $77.85 per share (as of Nov 9, 2026), against a price of $83.26. It is the blended result of 26 valuation models in 8 families (DCF Models, Earnings-Based, Dividend Discount, Multiples, Asset-Based, Growth DCF, Economic Profit, Growth Earnings).
Is Okeanis Eco Tankers Corp. stock overvalued or undervalued in 2026?
As of Nov 9, 2026, ECO trades above its calculated fair value: price $83.26, fair value $77.85, a gap of about −7% (fairly valued). The calculation is refreshed with each new quarterly report, so the verdict can change during the year.
Is fair value the same as the market price of ECO?
No. The price is what the market pays today ($83.26); the fair value is what the company's own numbers justify ($77.85). For Okeanis Eco Tankers Corp. the two are $5.41 per share apart. That gap is exactly why we show both numbers side by side.
How much is Okeanis Eco Tankers Corp. worth?
The market values Okeanis Eco Tankers Corp. at about $3.3B (market capitalisation, as of Nov 9, 2026). Per share that is $83.26; our models calculate a fair value of $77.85 per share.
What do the bullish and bearish scenarios say about ECO?
Our models span a range for Okeanis Eco Tankers Corp.: cautious scenario $40.96, base $77.85, optimistic $127.53 per share (as of Nov 9, 2026, price $83.26). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the P/E ratio of ECO?
Okeanis Eco Tankers Corp. trades at a price-to-earnings ratio of 7.7 (as of Nov 9, 2026). A P/E on its own says little: it compares the price with ONE year of profit, while our fair value of $77.85 is built from several models across several years. Other multiples: P/B 5.7, P/S 4.6, EV/EBITDA 7.5.
How solid is the balance sheet of Okeanis Eco Tankers Corp. (ECO)?
Balance-sheet figures for Okeanis Eco Tankers Corp. (as of Nov 9, 2026): return on equity 61.6%, debt of 0.82 per unit of equity. They feed the Quality Score of 50/100, which measures business quality independently of the share price.
How far is ECO from its 52-week high?
Okeanis Eco Tankers Corp. trades at $83.26, about 18% below its 52-week high of $101.63 and 204% above the low of $27.39 (as of Nov 6, 2026). Distance from the high says nothing about value: that is what the fair value of $77.85 is for.
Which stocks are comparable to Okeanis Eco Tankers Corp.?
From the same area (Industrials) we also value Adani Ports and Special Economic Zone Limited, COSCO SHIPPING Holdings, Hapag-Lloyd Aktiengesellschaft,, Shanghai International Port (Group) Co, among others. Each of them has its own fair-value calculation on this site using the same models, so the comparison is like for like.
Is Okeanis Eco Tankers Corp. stock attractive at the current price?
The data as of Nov 9, 2026: price $83.26, calculated fair value $77.85 (−7%), Quality Score 50/100, from 26 models. Whether that fits your horizon and risk tolerance is your call. We provide the calculation, not investment advice.
How is the fair value of ECO calculated?
We run Okeanis Eco Tankers Corp. through 26 models from 8 families: DCF Models, Earnings-Based, Dividend Discount, Multiples, Asset-Based, Growth DCF, Economic Profit, Growth Earnings. Every model gets the same audited fundamentals; the fair value of $77.85 builds on their evidence-weighted average, with the spread shown as a cautious and an optimistic scenario.
Is it still worth investing in stocks now?
The global stock market currently sits 13.3% above its aggregate fair value. Okeanis Eco Tankers Corp. itself currently trades above fair value. An expensive market is no reason to stay out and no reason to buy everything at once: keep a broad savings plan running, buy single stocks only with money you can do without, and hold part of your money liquid while the market is high. The full picture including sectors is on is it worth investing now.
What is the share price of Okeanis Eco Tankers Corp. (ECO)?
The closing price on Nov 6, 2026 was $83.26. Our model-based fair value is $77.85, about 7% lower (fairly valued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with Okeanis Eco Tankers Corp. right now?
The model range is unusually wide ($40.96 to $127.53). The outcome hinges heavily on assumptions, so read the point estimate with caution. The price sits close to our fair value, market and models broadly agree here, little valuation tension.
Key figures of Okeanis Eco Tankers Corp.
How large is the market capitalisation of Okeanis Eco Tankers Corp. (ECO)?
The market capitalisation of Okeanis Eco Tankers Corp. is $3.3B. The stock-market value of the whole company: share price times number of shares. It is what the market asks for the entire business today.
What is the P/S ratio of Okeanis Eco Tankers Corp. (ECO)?
The price-to-sales ratio of Okeanis Eco Tankers Corp. is 4.60 (last twelve months). Price to sales: market value relative to yearly revenue. Useful when profit is thin or distorted.
What are the earnings per share of Okeanis Eco Tankers Corp. (ECO)?
Earnings per share at Okeanis Eco Tankers Corp. are $10.80 (price ÷ EPS = P/E 7.7). Earnings per share over the last twelve months: total profit spread across every single share.
What is the dividend yield of Okeanis Eco Tankers Corp. (ECO)?
The dividend yield of Okeanis Eco Tankers Corp. is 11.5% (payout 88.4%). Yearly dividend relative to the share price. 3% pays 3 per 100 invested. Below: how much of profit is used for it.
What is the net margin of Okeanis Eco Tankers Corp. (ECO)?
The net margin of Okeanis Eco Tankers Corp. is 56.9% (last twelve months). How much of every unit of revenue ends up as profit. 10% means 10 cents of profit per dollar of sales.
What is the return on equity of Okeanis Eco Tankers Corp. (ECO)?
The return on equity (ROE) of Okeanis Eco Tankers Corp. is 61.6% (last twelve months). Profit relative to shareholders' equity, how efficiently the company works with its owners' money.
What is the EBIT return on assets of Okeanis Eco Tankers Corp. (ECO)?
On an EBIT basis the return on assets of Okeanis Eco Tankers Corp. is 11.8% (avg 5y). Operating profit (EBIT) relative to everything the company owns, as a multi-year average. It describes the business model rather than one good or bad year.
What is the operating margin of Okeanis Eco Tankers Corp. (ECO)?
The operating margin of Okeanis Eco Tankers Corp. is 75.0% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at Okeanis Eco Tankers Corp. (ECO)?
Revenue at Okeanis Eco Tankers Corp. is growing +239% versus a year earlier (3y avg +13.1%). How much revenue grew versus a year earlier (YoY). The 3-year average next to it puts the single year in context.
How fast are earnings growing at Okeanis Eco Tankers Corp. (ECO)?
Earnings per share at Okeanis Eco Tankers Corp. are growing +606% versus a year earlier. How much earnings per share grew versus a year earlier.
How much net debt does Okeanis Eco Tankers Corp. (ECO) carry?
The net debt of Okeanis Eco Tankers Corp. is $488M (fiscal year 2025, ≈ 6.9 yrs of FCF). Debt minus cash on hand. The note shows how many years of free cash flow could in theory pay it off.
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Broad data
Nov 9, 2026