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Okeanis Eco Tankers Corp (ECO) Fair Value & Analysis

Industrials · US · Market cap $2.0B

OE Okeanis Eco Tankers Corp logo Okeanis Eco Tankers Corp ECO · US
Price$61.86
Fair Value$55.40
Upside-10.4%
Quality59/100
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Mixed Growth
Loss-making · -8.6% net margin
Moderate debt · generates free cash flow
Mixed vs. peers (6/14)
Wide moat 65/100
Evidence: High Range $29.95 – $96.44 Share as image

Fair value as of: Jul 17, 2026

From 26 valuation models · updated 24 days ago

Fair value updated Jul 17, 2026, revised from $58.26 to $55.40 (−4.9%) since Jun 24, 2026. Share price +12.4% over the past month.

A solid business, but screening 10% overvalued on our models.

What matters now

  • The model range is unusually wide ($29.95 to $96.44). The outcome hinges heavily on assumptions, so read the point estimate with caution.
  • Our model range runs from $29.95 (bear) to $96.44 (bull), base $55.40. The closer the price sits to the lower half, the larger the margin of safety.
  • Quality 59/100 (solid quality) with high evidence: the data supports the verdict.
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Price vs Fair Value (5 years)

$63.78 $2.65 Fair Value $55.40 Mar 2020 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Jul 17, 2026.

How to read this chart

60‑month range $2.65 – $63.78 · fair‑value band $29.95 – $96.44 · the $61.86 price screens above the $55.40 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Jul 17, 2026.

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Analysis

Okeanis Eco Tankers Corp (ECO) currently trades at $61.86, while our model-based Fair Value estimate is $55.40, implying the stock looks roughly 10.4% overvalued today. The Quality Score stands at 59/100 (solid quality), in the Industrials sector. Bear case: priced above our estimate, the market already discounts strong expectations. Bull case: above-average quality can justify a premium, the entry price still matters most (evidence: high).

Over the trailing twelve months, Okeanis Eco Tankers Corp generated revenue of $99.1M at a net margin of -8.6%. Revenue grew 112.3% year over year. It earns a return on equity of 25.0%. Net debt stands at $488M. Fundamentals as of Jul 17, 2026

Our scenario range runs from $29.95 (bear case) to $96.44 (bull case); at $61.86, the current price sits within that range. Bear and bull are the same models run on conservative and optimistic assumptions (margins, growth, valuation multiples), so a plausible valuation range, not a price target. The share trades near its 52-week high and 226% above its 52-week low, currently above its 200-day average. For context, the median of 10 Industrials peers we cover trades at 67% fair-value upside, at -10%, ECO screens richer than that median.

Fair Value models

Each model estimates fair value its own way; the Fair Value above is the evidence-weighted blend. Evidence (0–100) measures how completely this model’s inputs are available: well-fed models carry more weight in the blend. The spread across models is intentional, each one stresses a different value driver; dividend models, for instance, come out structurally low when payout is small.

Model BearBaseBull Evidence
Highest evidence
Growth DCF $15.60 $39.84 $80.86 80
Residual Income $19.36 $24.27 $75.25 76
Rev-Margin DCF $7.76 $20.93 $39.79 74
All 26 models by family
DCF Models
FCF DCF $16.54 $35.53 $84.27 38
Owner Earnings $35.67 $84.03 $176.93 31
5Y Revenue Exit $7.76 $20.89 $40.66 39
5Y EBITDA Exit $32.68 $76.71 $140.55 41
5Y P/E Exit $31.79 $76.19 $131.95 38
10Y Revenue Exit $9.94 $24.52 $45.94 36
10Y EBITDA Exit $27.28 $67.74 $139.40 37
10Y P/E Exit $26.67 $66.19 $131.62 35
Earnings-Based
Graham-Dodd $21.41 $135.35 $189.12 54
Lynch FV $39.08 $55.83 $72.58 50
PEG = 1.0 $39.08 $55.83 $72.58 46
EPV $24.99 $30.37 $35.01 59
Dividend Discount
Gordon GGM $15.90 $31.68 $47.97 70
DDM Multi-Stage $15.90 $27.38 $33.44 61
Multiples
P/E Multiple $49.60 $66.13 $82.66 63
P/S Multiple $15.04 $20.06 $25.07 58
P/B Multiple $40.15 $53.53 $66.92 55
EV/EBIT $44.01 $61.70 $79.39 53
EV/EBITDA $41.87 $58.85 $75.83 54
EV/Revenue $3.57 $8.99 $14.40 43
Asset-Based
NCAV (Graham) $7.34 $9.83 $14.68 50
Growth DCF
Growth DCF $15.60 $39.84 $80.86 80
Rev-Margin DCF $7.76 $20.93 $39.79 74
Economic Profit
Residual Income $19.36 $24.27 $75.25 76
ROIC Compounder $30.94 $48.52 $66.12 72
Growth Earnings
Growth-Adj P/E $55.57 $79.38 $103.19 68

Widest divergence: Growth Earnings ($79.38) versus Asset-Based ($9.83). Highest evidence: Growth DCF (80).

Key figures & financial health

Revenue (TTM) $99.1M
Revenue growth (YoY) +112%
Net margin -8.6%
Return on equity 25.0%
Free cash flow $71.1M FY2025
P/E ratio 9.2
More key figures
Operating margin 57.6%
EPS (TTM) $5.69
EPS growth (YoY) +493%
Net debt $488M FY2025

Figures from reported company fundamentals · as of Jul 17, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 59/100

Of which business quality 57 · Market factors (momentum, volatility) 87

Profitability 58
Margins and returns on capital today
Quality Growth 31
Are margins and returns improving?
Cashflow 62
Earnings quality: real cash, not paper profit
Fin. Strength 54
Balance sheet, leverage, solvency risk
Investment 66
Disciplined investing over empire-building
Low Volatility 71
Calm price path (market factor)
Momentum 90
Price trend over the last 3–12 months (market factor)
52W Momentum 100
Distance to the 52-week high (market factor)
Net Issuance 74
Buybacks instead of dilution

Non-valuation factor families (profitability, growth, cashflow, financial strength, momentum …), each academically grounded. Valuation itself sits in the Fair Value and is deliberately excluded here to avoid double-counting.

About the company

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. The company was incorporated in 2018 and is based in Neo Faliro, Greece.

Company description, as reported by the company or data provider.

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

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.

Growth Quality 72/100
Revenue is growing, but margins or cash flow do not fully confirm the trend.
Latest Revenue (FY 2025)
$392M
Latest YoY
−0.4%
Avg. growth/yr (3Y)
+13.1%
Avg. growth/yr (5Y)
+6.7%
Avg. growth/yr (7Y)
+44.9%
Revenue +23.4%/yr
FY21 $169M
FY22 $271M
FY23 $413M
FY24 $393M
FY25 $392M
Net income
FY21 −$903K
FY22 $84.6M
FY23 $145M
FY24 $109M
FY25 $123M

ECO screens 10% overvalued. Compare with Adani Ports and Special Economic Zone Limited →

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Cite: Fair Value Calculator (2026). "Okeanis Eco Tankers Corp Fair Value". https://www.fairvalue-calculator.com/stock/ECO

Peer Group

Marine Shipping · 231 stocks

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.

Quality Score 59 · Above median
Fair Value upside −10% · Below median
Return on equity (TTM) 25% · Top 25%
Return on assets 9% · Top 25%
Net margin (TTM) -9% · Bottom 25%
Operating margin (TTM) 58% · Top 25%
Revenue growth 112% · Top 25%
Dividend yield (TTM) 0.0% · Bottom 25%
Debt / equity 0.82× · Higher than 75% of peers

Valuation Multiples vs Marine Shipping median · lower = cheaper

P/E (TTM) 9.2× · Cheaper than median
P/B 3.58× · Pricier than 75% of peers
P/S (TTM) 20.67× · Pricier than 75% of peers
P/FCF 28.8× · Pricier than 75% of peers
EV/EBITDA 55.4× · Pricier than 75% of peers

Snowflake

Five quick dimensions, each 0 to 100: VALUE (fair-value potential), FUTURE (revenue growth), PAST (return on equity), HEALTH (low debt), DIVIDEND (yield). Green = this stock, grey = typical sector peer.

VALUE 19 · sector 29
FUTURE 100 · sector 18
PAST 100 · sector 27
HEALTH 59 · sector 88
DIVIDEND 0 · sector 47

Values & ESG

Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.

None of the checked exposures detected

ESG scores are not available for this stock yet. Values and ESG data are contextual and can differ between providers.

Similar stocks

10 more Marine Shipping stocks, each showing price versus our Fair Value estimate (as of Jul 17, 2026).

Stock Price Fair Value vs Fair Value
Adani Ports and Special Economic Zone Limited ADANIPORTS ₹1,828 ₹1,041 -43%
A.P. Møller - Mærsk A/S MAERSKA kr 16,520 kr 3,033 -82%
COSCO SHIPPING Holdings 601919 ¥13.98 ¥40.37 +189%
Shanghai International Port (Group) Co 600018 ¥5.17 ¥6.57 +27%
HMM Co 011200 20,050 KRW 33,855 KRW +69%
Ningbo Zhoushan Port Company 601018 ¥3.35 ¥5.58 +67%
Qingdao Port International Co 601298 ¥8.88 ¥15.97 +80%
JSW Infrastructure Limited JSWINFRA ₹330.05 ₹126.31 -62%
Wan Hai Lines Ltd 2615 80.70 TWD 212.79 TWD +164%
Wallenius Wilhelmsen ASA WAWI kr 137.70 kr 50.56 -63%

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Frequently asked questions

Is Okeanis Eco Tankers Corp (ECO) overvalued or undervalued?
As of Jul 17, 2026, our model estimates a fair value of $55.40 versus a price of $61.86, about −10% (overvalued).
What is the fair value of ECO?
Our model-based fair value for Okeanis Eco Tankers Corp is $55.40 (as of Jul 17, 2026), built from audited fundamentals. The current price is $61.86.
What is the quality score of ECO?
Okeanis Eco Tankers Corp has a Quality Score of 59/100. 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 revenue of Okeanis Eco Tankers Corp (ECO)?
Okeanis Eco Tankers Corp reported trailing-twelve-month revenue of about $99.1M (latest available figure, as of Jul 17, 2026).
What is the net profit margin of ECO?
The net profit margin of Okeanis Eco Tankers Corp is about -8.6%, meaning it is currently running at a net loss. Based on the latest reported figures.

How we calculate Fair Value

Each company is valued through a stack of independent intrinsic-value models (DCF variants, residual-income, multiples and more), blended into one family-balanced consensus and weighted by how much trustworthy data backs it. A separate quality layer scores the fundamentals. Every input is real reported data, nothing guessed.

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