DHT (NYSE:DHT) and Okeanis Eco Tankers (NYSE:ECO) Financial Comparison

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

Profitability

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

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

Volatility and Risk

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

Institutional & Insider Ownership

58.5% of DHT shares are held by institutional investors. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a company is poised for long-term growth.

Analyst Ratings

This is a breakdown of recent recommendations for DHT and Okeanis Eco Tankers, as provided by MarketBeat.com.

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

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

Valuation & Earnings

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

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
DHT	$498.40 million	5.37	$211.09 million	$2.06	8.07
Okeanis Eco Tankers	$481.57 million	3.88	$122.95 million	$5.66	8.45

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.

Dividends

DHT pays an annual dividend of $2.56 per share and has a dividend yield of 15.4%. Okeanis Eco Tankers pays an annual dividend of $8.00 per share and has a dividend yield of 16.7%. 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. 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.

Summary

DHT beats Okeanis Eco Tankers on 9 of the 16 factors compared between the two stocks.

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.

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.