Castor Maritime (NASDAQ:CTRM) vs. Okeanis Eco Tankers (NYSE:ECO) Head-To-Head Analysis

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

Insider & Institutional Ownership

1.1% of Castor Maritime shares are held by institutional investors. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a stock is poised for long-term growth.

Earnings and Valuation

This table compares Castor Maritime 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
Castor Maritime	$84.44 million	0.47	$38.64 million	$2.49	1.65
Okeanis Eco Tankers	$403.85 million	2.64	$145.25 million	$4.19	7.89

Okeanis Eco Tankers has higher revenue and earnings than Castor Maritime. Castor Maritime 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.

Profitability

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

	Net Margins	Return on Equity	Return on Assets
Castor Maritime	76.76%	12.92%	10.03%
Okeanis Eco Tankers	30.17%	28.35%	10.54%

Analyst Recommendations

This is a breakdown of current recommendations for Castor Maritime and Okeanis Eco Tankers, as reported by MarketBeat.com.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Castor Maritime	0	0	0	0	N/A
Okeanis Eco Tankers	0	0	1	0	3.00

Okeanis Eco Tankers has a consensus target price of $44.00, indicating a potential upside of 33.09%. Given Okeanis Eco Tankers’ higher possible upside, analysts plainly believe Okeanis Eco Tankers is more favorable than Castor Maritime.

Summary

Okeanis Eco Tankers beats Castor Maritime on 9 of the 11 factors compared between the two stocks.

About Castor Maritime

Castor Maritime Inc. provides shipping services worldwide. The company operates through Dry Bulk Vessels and Containerships segments. It offers seaborne transportation services for dry bulk cargo; and commodities, such as iron ore, coal, soybeans, etc. As of December 31, 2023, the company owned and operated a fleet of 17 vessels primarily consisting of one Capesize, five Kamsarmax, two Handysize tanker vessels, and nine Panamax dry bulk vessels, as well as two 2,700 TEU containership vessels. Castor Maritime Inc. was incorporated in 2017 and is based in Limassol, Cyprus.

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.