Head-To-Head Analysis: Euronav (NYSE:CMBT) and Okeanis Eco Tankers (NYSE:ECO)

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

Profitability

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

	Net Margins	Return on Equity	Return on Assets
Euronav	117.02%	22.29%	10.17%
Okeanis Eco Tankers	29.25%	27.19%	10.14%

Dividends

Euronav pays an annual dividend of $1.36 per share and has a dividend yield of 12.3%. Okeanis Eco Tankers pays an annual dividend of $1.76 per share and has a dividend yield of 8.0%. Euronav pays out 22.9% of its earnings in the form of a dividend. Okeanis Eco Tankers pays out 48.5% of its earnings in the form of a dividend. Both companies have healthy payout ratios and should be able to cover their dividend payments with earnings for the next several years. Euronav is clearly the better dividend stock, given its higher yield and lower payout ratio.

Analyst Ratings

This is a summary of current ratings and target prices for Euronav and Okeanis Eco Tankers, as reported by MarketBeat.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Euronav	0	0	0	0	0.00
Okeanis Eco Tankers	0	0	1	0	3.00

Okeanis Eco Tankers has a consensus price target of $44.00, suggesting a potential upside of 99.55%. Given Okeanis Eco Tankers’ stronger consensus rating and higher possible upside, analysts plainly believe Okeanis Eco Tankers is more favorable than Euronav.

Earnings and Valuation

This table compares Euronav and Okeanis Eco Tankers”s gross revenue, earnings per share and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
Euronav	$982.85 million	2.27	$858.03 million	$5.93	1.86
Okeanis Eco Tankers	$399.71 million	1.78	$145.25 million	$3.63	6.07

Euronav has higher revenue and earnings than Okeanis Eco Tankers. Euronav 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

Euronav beats Okeanis Eco Tankers on 8 of the 13 factors compared between the two stocks.

About Euronav

Euronav NV, together with its subsidiaries, engages in the transportation and storage of crude oil worldwide. The company offers floating, storage, and offloading (FSO) services. It also owns and operates a fleet of vessels. The company was incorporated in 2003 and is headquartered in Antwerp, Belgium. As of March 15, 2024, Euronav NV operates as subsidiary of CMB NV.

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.