Okeanis Financial Statements From 2010 to 2024
| OET Stock | NOK 253.00 1.00 0.39% |
Check Okeanis Eco financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Okeanis Eco's main balance sheet or income statement drivers, such as , as well as many indicators such as . Okeanis financial statements analysis is a perfect complement when working with Okeanis Eco Valuation or Volatility modules.
Okeanis |
Okeanis Eco Tankers Company Return On Equity Analysis
Okeanis Eco's Return on Equity or ROE tells company stockholders how effectually their money is being utilized or reinvested. It is a useful ratio when analyzing company profitability or the management effectiveness given the capital invested by the shareholders. ROE shows how efficiently a company utilizes investments to generate income.
Current Okeanis Eco Return On Equity | 0.11 |
Most of Okeanis Eco's fundamental indicators, such as Return On Equity, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Okeanis Eco Tankers is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
For most industries, Return on Equity between 10% and 30% are considered desirable to provide dividends to owners and have funds for the future growth of the company. Investors should be very careful using ROE as the only efficiency indicator because ROE can be high if a company is heavily leveraged.
| Competition |
Based on the latest financial disclosure, Okeanis Eco Tankers has a Return On Equity of 0.1088. This is 75.27% lower than that of the Industrials sector and significantly higher than that of the Marine Shipping industry. The return on equity for all Norway stocks is 135.1% lower than that of the firm.
Okeanis Eco Tankers Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Okeanis Eco's current stock value. Our valuation model uses many indicators to compare Okeanis Eco value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Okeanis Eco competition to find correlations between indicators driving Okeanis Eco's intrinsic value. More Info.Okeanis Eco Tankers is considered to be number one stock in return on equity category among its peers. It also is considered to be number one stock in return on asset category among its peers reporting about 0.27 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Okeanis Eco Tankers is roughly 3.66 . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Okeanis Eco's earnings, one of the primary drivers of an investment's value.About Okeanis Eco Financial Statements
Okeanis Eco investors utilize fundamental indicators, such as revenue or net income, to predict how Okeanis Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Okeanis Eco Tankers Corp. owns, charters out, and operates tanker vessels. The company was incorporated in 2018 and is based in Piraeus, Greece. OKEANIS ECO operates under Marine Shipping classification in Norway and is traded on Oslo Stock Exchange.
Building efficient market-beating portfolios requires time, education, and a lot of computing power!
The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.
Try AI Portfolio ArchitectAdditional Information and Resources on Investing in Okeanis Stock
When determining whether Okeanis Eco Tankers offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Okeanis Eco's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Okeanis Eco Tankers Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Okeanis Eco Tankers Stock:Check out the analysis of Okeanis Eco Correlation against competitors. You can also try the Premium Stories module to follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope.