Analyzing Okeanis Eco Tankers (NYSE:ECO) & DHT (NYSE:DHT)

Okeanis Eco Tankers (NYSE:ECO) and DHT (NYSE:DHT) are both transportation companies, but which is the better business? We will contrast the two businesses based on the strength of their institutional ownership, risk, earnings, valuation, profitability, analyst recommendations and dividends.

Profitability

This table compares Okeanis Eco Tankers and DHT’s net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Okeanis Eco Tankers	41.26%	37.13%	16.69%
DHT	58.54%	27.54%	20.16%

Volatility and Risk

Okeanis Eco Tankers has a beta of -0.05, suggesting that its stock price is 105% less volatile than the S&P 500. Comparatively, DHT has a beta of -0.12, suggesting that its stock price is 112% less volatile than the S&P 500.

Insider and Institutional Ownership

58.5% of DHT shares are owned by institutional investors. 1.6% of DHT shares are owned by insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a stock will outperform the market over the long term.

Dividends

Okeanis Eco Tankers pays an annual dividend of $8.00 per share and has a dividend yield of 16.7%. DHT pays an annual dividend of $2.56 per share and has a dividend yield of 15.4%. Okeanis Eco Tankers pays out 141.3% of its earnings in the form of a dividend, suggesting it may not have sufficient earnings to cover its dividend payment in the future. DHT pays out 124.3% of its earnings in the form of a dividend, suggesting it may not have sufficient earnings to cover its dividend payment in the future.

Analyst Ratings

This is a summary of recent ratings and target prices for Okeanis Eco Tankers and DHT, as reported by MarketBeat.com.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Okeanis Eco Tankers	0	4	2	1	2.57
DHT	0	3	3	0	2.50

Okeanis Eco Tankers presently has a consensus price target of $51.89, indicating a potential upside of 8.55%. DHT has a consensus price target of $19.33, indicating a potential upside of 16.35%. Given DHT’s higher possible upside, analysts plainly believe DHT is more favorable than Okeanis Eco Tankers.

Valuation & Earnings

This table compares Okeanis Eco Tankers and DHT”s top-line revenue, earnings per share (EPS) and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
Okeanis Eco Tankers	$391.55 million	4.77	$122.95 million	$5.66	8.45
DHT	$498.40 million	5.37	$211.09 million	$2.06	8.07

DHT has higher revenue and earnings than Okeanis Eco Tankers. DHT is trading at a lower price-to-earnings ratio than Okeanis Eco Tankers, indicating that it is currently the more affordable of the two stocks.

Summary

DHT beats Okeanis Eco Tankers on 10 of the 17 factors compared between the two stocks.

About Okeanis Eco Tankers

Okeanis Eco Tankers Corp., a shipping company, owns and operates tanker vessels worldwide. It operates a fleet of 14 tanker vessels comprising six 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.

About DHT

DHT Holdings, Inc., through its subsidiaries, owns and operates crude oil tankers primarily in Monaco, Singapore, and Norway. The company also offers technical management services. As of March 15, 2024, it had a fleet of 24 very large crude carriers. The company was incorporated in 2005 and is headquartered in Hamilton, Bermuda.