Okeanis Eco Tankers (NYSE:ECO – Get Free Report) and Himalaya Shipping (NYSE:HSHP – Get Free Report) are both small-cap transportation companies, but which is the better business? We will contrast the two companies based on the strength of their analyst recommendations, earnings, institutional ownership, risk, dividends, valuation and profitability.
Valuation and Earnings
This table compares Okeanis Eco Tankers and Himalaya Shipping”s gross revenue, earnings per share (EPS) and valuation.
| Gross Revenue | Price/Sales Ratio | Net Income | Earnings Per Share | Price/Earnings Ratio | |
| Okeanis Eco Tankers | $399.71 million | 1.69 | $145.25 million | $3.63 | 5.79 |
| Himalaya Shipping | $112.30 million | 1.72 | $1.51 million | $1.39 | 3.49 |
Okeanis Eco Tankers has higher revenue and earnings than Himalaya Shipping. Himalaya Shipping 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.
Analyst Ratings
| Sell Ratings | Hold Ratings | Buy Ratings | Strong Buy Ratings | Rating Score | |
| Okeanis Eco Tankers | 0 | 0 | 1 | 0 | 3.00 |
| Himalaya Shipping | 1 | 0 | 0 | 0 | 1.00 |
Okeanis Eco Tankers presently has a consensus price target of $44.00, indicating a potential upside of 109.32%. Given Okeanis Eco Tankers’ stronger consensus rating and higher probable upside, analysts clearly believe Okeanis Eco Tankers is more favorable than Himalaya Shipping.
Profitability
This table compares Okeanis Eco Tankers and Himalaya Shipping’s net margins, return on equity and return on assets.
| Net Margins | Return on Equity | Return on Assets | |
| Okeanis Eco Tankers | 29.25% | 27.19% | 10.14% |
| Himalaya Shipping | 21.93% | 15.72% | 3.14% |
Dividends
Okeanis Eco Tankers pays an annual dividend of $1.76 per share and has a dividend yield of 8.4%. Himalaya Shipping pays an annual dividend of $0.20 per share and has a dividend yield of 4.1%. Okeanis Eco Tankers pays out 48.5% of its earnings in the form of a dividend. Himalaya Shipping pays out 14.4% 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.
Institutional and Insider Ownership
22.3% of Himalaya Shipping 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.
Summary
Okeanis Eco Tankers beats Himalaya Shipping on 11 of the 14 factors compared between the two stocks.
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.
About Himalaya Shipping
Himalaya Shipping Ltd. provides dry bulk shipping services worldwide. The company operates a fleet of vessels. It serves major commodity trading, commodity and energy transition, and multi-modal transport companies. Himalaya Shipping Ltd. was incorporated in 2021 and is based in Hamilton, Bermuda.
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