Okeanis Eco Tankers Corp. (ECO) Key Metrics
ECO valuation today
Trailing 12 months · as of October 18, 2026- Market cap
- $3.50B
- Enterprise value
- $3.52B
- P/E (TTM)
- 8.3 10-yr median 6.3
- Forward P/E
- 11.2
- PEG ratio
- —
- Price / sales
- 5.0 10-yr median 2.1
- Price / book
- 3.5 10-yr median 1.9
- EV / EBITDA
- 7.2 10-yr median 6.3
- Dividend yield
- 10.65% $9.55 a year
- Beta
- −0.06
ECO key metrics, 2018–2025
Fiscal year ended December 31, 2025 · U.S. dollarsECO valuation Price multiples at each fiscal year-end price.
ECO returns How much profit the business earns on the capital it uses.
ECO per-share figures Results divided by the shares outstanding at year-end.
ECO financial health Debt, liquidity and how easily interest is covered.
ECO efficiency & capital use Working capital cycle and where the cash goes.
ECO valuation history
ECO returns on capital
Net income (ROE, ROA) or after-tax operating income (ROIC) divided by the average of the opening and closing balance.
ECO debt vs cash
Debt includes short- and long-term borrowings and, where reported, lease liabilities.
ECO cash returned to shareholders
ECO price vs earnings per share
ECO key metrics
2018–2025| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|
| Valuation | ||||||||
| Market capitalization | $1.10B | $684.4M | $862.8M | — | — | — | — | — |
| Enterprise value | $1.59B | $1.28B | $1.51B | — | — | — | — | — |
| P/E ratio | 9.0 | 6.3 | 5.9 | — | — | — | — | — |
| Price / sales | 2.8 | 1.7 | 2.1 | — | — | — | — | — |
| Price / book | 1.9 | 1.7 | 2.1 | — | — | — | — | — |
| Price / free cash flow | 15.5 | 4.5 | 5.0 | — | — | — | — | — |
| Price / operating cash flow | 9.9 | 4.2 | 4.9 | — | — | — | — | — |
| EV / sales | 4.1 | 3.3 | 3.6 | — | — | — | — | — |
| EV / EBITDA | 9.7 | 6.3 | 6.2 | — | — | — | — | — |
| EV / free cash flow | 22.4 | 8.3 | 8.8 | — | — | — | — | — |
| Earnings yield | 11.2% | 15.9% | 16.8% | — | — | — | — | — |
| Free cash flow yield | 6.5% | 22.5% | 19.9% | — | — | — | — | — |
| Dividend yield | 6.4% | 15.6% | 18.5% | — | — | — | — | — |
| Shareholder yield (dividends + buybacks) | 6.4% | 31.1% | 36.9% | — | — | — | — | — |
| Share price at fiscal year-end | $33.84 | $21.26 | $26.80 | — | — | — | — | — |
| Per share | ||||||||
| Revenue per share | $12.02 | $12.21 | $12.83 | $8.41 | $5.22 | $8.71 | $3.96 | $1.37 |
| Earnings per share | $3.77 | $3.38 | $4.51 | $2.63 | −$0.03 | $3.12 | $0.35 | −$0.14 |
| Operating cash flow per share | $3.42 | $5.12 | $5.43 | $2.52 | $0.88 | $4.64 | $0.90 | −$0.20 |
| Free cash flow per share | $2.18 | $4.77 | $5.33 | −$3.07 | $0.19 | −$0.71 | −$12.85 | −$9.24 |
| Cash per share | $3.58 | $1.53 | $1.55 | $2.53 | $1.18 | $0.78 | $0.42 | $0.85 |
| Book value per share | $17.59 | $12.75 | $12.68 | $13.11 | $11.07 | $12.24 | $10.59 | $14.89 |
| Tangible book value per share | $17.59 | $12.75 | $12.68 | $13.11 | $11.07 | $12.24 | $10.59 | $14.89 |
| Dividends per share | $2.17 | $3.31 | $4.95 | $0.61 | $0.10 | $1.35 | $0.00 | — |
| Capex per share | $1.23 | $0.35 | $0.10 | $5.59 | $0.69 | $5.35 | $13.75 | $9.04 |
| Debt per share | $18.58 | $20.07 | $21.53 | $22.95 | $17.82 | $25.71 | $22.71 | $15.99 |
| Shares outstanding | 32.6M | 32.2M | 32.2M | 32.2M | 32.4M | 32.5M | 32.3M | 21.3M |
| Change in shares outstanding | +1.2% | 0.0% | −0.0% | −0.5% | −0.3% | +0.6% | +51.8% | — |
| Returns & profitability | ||||||||
| Return on equity (ROE) | 25.0% | 26.6% | 35.0% | 21.7% | −0.2% | 27.4% | 3.5% | −1.0% |
| Return on invested capital (ROIC) | 12.4% | 12.5% | 18.9% | 11.1% | 2.4% | 12.5% | 5.4% | 0.5% |
| Return on assets (ROA) | 10.8% | 9.8% | 12.6% | 7.9% | −0.1% | 8.5% | 1.3% | −0.5% |
| Return on tangible assets | 10.2% | 10.1% | 12.9% | 7.1% | −0.1% | 8.0% | 1.0% | −0.5% |
| Free cash flow margin | 18.2% | 39.1% | 41.5% | −36.5% | 3.7% | −8.2% | −324.6% | −672.5% |
| Income quality (OCF / net income) | 0.91 | 1.51 | 1.20 | 0.96 | — | 1.49 | 2.55 | — |
| Financial health | ||||||||
| Total debt | $605.1M | $646.2M | $693.3M | $739.0M | $577.0M | $834.5M | $732.7M | $339.9M |
| Cash & short-term investments | $116.6M | $49.3M | $50.0M | $81.3M | $38.2M | $25.3M | $13.4M | $18.1M |
| Net debt | $488.5M | $596.8M | $643.3M | $657.7M | $538.8M | $809.1M | $719.3M | $321.8M |
| Debt / equity | 1.06 | 1.57 | 1.70 | 1.75 | 1.61 | 2.10 | 2.14 | 1.07 |
| Debt / assets | 0.50 | 0.60 | 0.61 | 0.62 | 0.60 | 0.66 | 0.66 | 0.51 |
| Net debt / EBITDA | 2.97 | 2.93 | 2.63 | 4.17 | 8.31 | 4.42 | 10.22 | 27.11 |
| Current ratio | 3.41 | 1.64 | 1.31 | 1.66 | 1.02 | 0.53 | 0.50 | 0.88 |
| Quick ratio | 3.16 | 1.30 | 1.07 | 1.48 | 0.81 | 0.47 | 0.42 | 0.80 |
| Interest coverage | 3.9 | 3.0 | 3.4 | 2.9 | 0.9 | 3.8 | 1.3 | 0.5 |
| Working capital | $166.1M | $46.2M | $32.3M | $61.6M | $1.1M | −$48.2M | −$43.0M | −$4.0M |
| Invested capital | $1.06B | $1.01B | $1.05B | $1.08B | $897.1M | $1.21B | $1.06B | $638.2M |
| Tangible asset value | $573.1M | $410.4M | $408.1M | $422.2M | $358.3M | $397.2M | $341.7M | $316.4M |
| Net current asset value | −$392.6M | −$552.8M | −$583.0M | −$606.7M | −$533.7M | −$808.6M | −$726.8M | −$321.8M |
| Graham number | $38.65 | $31.14 | $35.87 | $27.83 | — | $29.31 | $9.17 | — |
| Graham net-net per share | −$13.46 | −$18.02 | −$19.11 | −$19.68 | −$16.84 | −$25.20 | −$22.85 | −$15.35 |
| Capital allocation | ||||||||
| Dividends paid | $70.7M | $106.6M | $159.4M | $19.6M | $3.2M | $43.7M | $458 | — |
| Share buybacks (net) | $0 | $106.6M | $159.4M | $1.0M | $503,530 | $2.1M | $1.0M | — |
| Dividend payout ratio | 57.5% | 97.9% | 109.7% | 23.2% | — | 43.2% | 0.0% | — |
| Dividends + buybacks / free cash flow | 99.4% | 138.7% | 185.7% | — | 59.2% | — | — | — |
| Capex / revenue | 10.3% | 2.8% | 0.8% | 66.5% | 13.2% | 61.4% | 347.3% | 657.9% |
| Capex / operating cash flow | 36.1% | 6.8% | 1.9% | 221.9% | 78.0% | 115.3% | 1,529.8% | — |
| Capex / depreciation | 0.97 | 0.27 | 0.08 | 4.75 | 0.58 | 4.17 | 18.05 | 26.24 |
| SG&A / revenue | 5.2% | 5.0% | 4.9% | 3.2% | 4.3% | 4.1% | 3.9% | 12.4% |
| Efficiency | ||||||||
| Days sales outstanding | 58.3 | 45.2 | 47.6 | 39.7 | 33.1 | 27.1 | 41.2 | 108.0 |
| Days of inventory on hand | 45.4 | 53.5 | 40.3 | 36.6 | 27.0 | 17.3 | 22.6 | 43.1 |
| Days payables outstanding | 36.3 | 46.3 | 33.6 | 34.2 | 49.4 | 44.5 | 50.7 | 109.7 |
| Cash conversion cycle (days) | 67.5 | 52.4 | 54.3 | 42.1 | 10.7 | -0.0 | 13.0 | 41.4 |
| Receivables turnover | 6.26 | 8.07 | 7.68 | 9.19 | 11.03 | 13.47 | 8.87 | 3.38 |
| Payables turnover | 10.06 | 7.89 | 10.86 | 10.66 | 7.39 | 8.21 | 7.19 | 3.33 |
| Inventory turnover | 8.03 | 6.83 | 9.05 | 9.97 | 13.52 | 21.09 | 16.19 | 8.46 |
| Asset turnover | 0.34 | 0.36 | 0.36 | 0.25 | 0.15 | 0.24 | 0.14 | 0.04 |
| Average receivables | $62.5M | $48.7M | $53.8M | $29.5M | $15.3M | $21.0M | $14.4M | $8.6M |
| Average payables | $16.6M | $21.5M | $17.6M | $13.9M | $16.8M | $15.8M | $10.4M | $6.8M |
| Average inventory | $20.8M | $24.8M | $21.2M | $14.8M | $9.2M | $6.2M | $4.6M | $2.7M |
| Intangibles / total assets | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
Computed from ECO's annual financial statements (latest annual report filed March 20, 2026) and the closing share price on each fiscal year-end, adjusted for stock splits. Figures in U.S. dollars; data from EODHD. Averages use the opening and closing balance of each year.
ECO valuation and financial ratios
At the end of fiscal 2025 (December 31, 2025), Okeanis Eco Tankers traded at 9.0 times earnings, against a 8-year median of 6.3. Based on the latest twelve months, the trailing P/E is 8.3 and the forward P/E is 11.2. Okeanis Eco Tankers earned a return on equity of 25.0% and a return on invested capital of 12.4% in fiscal 2025. It ended the year with $605.1 million of debt and $116.6 million in cash and short-term investments, net debt of $488.5 million. It returned $70.7 million to shareholders: $70.7 million in dividends and $0 in share buybacks, 99% of free cash flow. The share count rose 53.3% from 21.3M to 32.6M over 7 years.
See the ECO income statement, the ECO chart for price history, or the ECO stock overview for the latest quote and news.
ECO key metrics FAQ
What is Okeanis Eco Tankers's P/E ratio?
Okeanis Eco Tankers's trailing P/E ratio is 8.3 based on the last twelve months of earnings (as of October 18, 2026), and its forward P/E is 11.2. At the end of fiscal 2025 it was 9.0, compared with a 8-year median of 6.3.
What is Okeanis Eco Tankers's EV/EBITDA?
Okeanis Eco Tankers's enterprise value was 9.7 times EBITDA at the end of fiscal 2025 (enterprise value $1.6 billion, EBITDA $164.4 million); the current EV/EBITDA is 7.2.
What is Okeanis Eco Tankers's return on equity?
Okeanis Eco Tankers's return on equity (ROE) was 25.0% in fiscal 2025: net income of $123.0 million on average shareholders' equity of $491.8 million.
What is Okeanis Eco Tankers's ROIC?
Okeanis Eco Tankers's return on invested capital was 12.4% in fiscal 2025, using after-tax operating income divided by average debt plus equity minus cash.
How much debt does Okeanis Eco Tankers have?
Okeanis Eco Tankers had total debt of $605.1 million at the end of fiscal 2025, a debt-to-equity ratio of 1.06 and $488.5 million of net debt (2.97 times EBITDA).
What is Okeanis Eco Tankers's dividend yield?
Okeanis Eco Tankers's forward dividend yield is 10.65%. Okeanis Eco Tankers paid $70.7 million in dividends in fiscal 2025 ($2.17 per share), a payout ratio of 57.5%.
What is Okeanis Eco Tankers's free cash flow yield?
Okeanis Eco Tankers generated $71.1 million of free cash flow in fiscal 2025, a free cash flow yield of 6.5% on its market value at year-end ($1.1 billion).
What is Okeanis Eco Tankers's current ratio?
Okeanis Eco Tankers's current ratio was 3.41 at the end of fiscal 2025: current assets were 3.41 times current liabilities.