Okeanis Eco Return On Asset vs. Operating Margin

ECO Stock   19.97  0.78  4.06%   
Considering Okeanis Eco's profitability and operating efficiency indicators, Okeanis Eco's profitability may be sliding down. It has an above-average risk of reporting lower numbers next quarter. Profitability indicators assess Okeanis Eco's ability to earn profits and add value for shareholders. At this time, Okeanis Eco's EV To Sales is very stable compared to the past year. As of the 16th of December 2024, Sales General And Administrative To Revenue is likely to grow to 0.04, while Price To Sales Ratio is likely to drop 2.10. At this time, Okeanis Eco's Net Income Per Share is very stable compared to the past year. As of the 16th of December 2024, Income Quality is likely to grow to 1.26, while Accumulated Other Comprehensive Income is likely to drop (31.4 K).
Current ValueLast YearChange From Last Year 10 Year Trend
Gross Profit Margin0.370.6337
Way Down
Pretty Stable
Operating Profit Margin0.310.4869
Way Down
Very volatile
For Okeanis Eco profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Okeanis Eco to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Okeanis Eco Tankers utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Okeanis Eco's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Okeanis Eco Tankers over time as well as its relative position and ranking within its peers.
  
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Is Marine Transportation space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Okeanis Eco. If investors know Okeanis will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Okeanis Eco listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.25)
Earnings Share
3.63
Revenue Per Share
12.416
Quarterly Revenue Growth
(0.05)
Return On Assets
0.095
The market value of Okeanis Eco Tankers is measured differently than its book value, which is the value of Okeanis that is recorded on the company's balance sheet. Investors also form their own opinion of Okeanis Eco's value that differs from its market value or its book value, called intrinsic value, which is Okeanis Eco's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Okeanis Eco's market value can be influenced by many factors that don't directly affect Okeanis Eco's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Okeanis Eco's value and its price as these two are different measures arrived at by different means. Investors typically determine if Okeanis Eco is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Okeanis Eco's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

Okeanis Eco Tankers Operating Margin vs. Return On Asset Fundamental Analysis

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.
Okeanis Eco Tankers is one of the top stocks in return on asset category among its peers. It also is one of the top stocks in operating margin category among its peers reporting about  3.40  of Operating Margin per Return On Asset. At this time, Okeanis Eco's Operating Profit Margin is very stable compared to the past year. 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.

Okeanis Operating Margin vs. Return On Asset

Return on Asset or ROA shows how effective is the management of the company in generating income from utilizing all of the assets at their disposal. It is a useful ratio to evaluate the performance of different departments of a company as well as to understand management performance over time.

Okeanis Eco

Return On Asset

 = 

Net Income

Total Assets

 = 
0.095
Return on Asset measures overall efficiency of a company in generating profits from its total assets. It is expressed as the percentage of profits earned per dollar of Asset. A low ROA typically means that a company is asset-intensive and therefore will needs more money to continue generating revenue in the future.
Operating Margin shows how much operating income a company makes on each dollar of sales. It is one of the profitability indicators which helps analysts to understand whether the firm is successful or not making money from everyday operations.

Okeanis Eco

Operating Margin

 = 

Operating Income

Revenue

X

100

 = 
0.32 %
A good Operating Margin is required for a company to be able to pay for its fixed costs or payout its debt, which implies that the higher the margin, the better. This ratio is most effective in evaluating the earning potential of a company over time when comparing it against a firm's competitors.

Okeanis Operating Margin Comparison

Okeanis Eco is currently under evaluation in operating margin category among its peers.

Okeanis Eco Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in Okeanis Eco, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Okeanis Eco will eventually generate negative long term returns. The profitability progress is the general direction of Okeanis Eco's change in net profit over the period of time. It can combine multiple indicators of Okeanis Eco, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
Last ReportedProjected for Next Year
Accumulated Other Comprehensive Income-29.9 K-31.4 K
Operating Income201.1 M211.2 M
Income Before Tax145.3 M152.5 M
Total Other Income Expense Net-55.9 M-53.1 M
Net Income145.3 M152.5 M
Income Tax Expense 3.00  3.15 
Net Interest Income-50.8 M-53.3 M
Interest Income2.8 MM
Net Income From Continuing Ops171.9 M180.5 M
Net Income Applicable To Common Shares97.2 M54 M
Change To Netincome3.4 M3.2 M
Net Income Per Share 4.51  4.74 
Income Quality 1.20  1.26 
Net Income Per E B T 0.90  0.80 

Okeanis Profitability Driver Comparison

Profitability drivers are factors that can directly affect your investment outlook on Okeanis Eco. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Okeanis Eco position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Okeanis Eco's important profitability drivers and their relationship over time.

Use Okeanis Eco in pair-trading

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Okeanis Eco position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Okeanis Eco will appreciate offsetting losses from the drop in the long position's value.

Okeanis Eco Pair Trading

Okeanis Eco Tankers Pair Trading Analysis

The ability to find closely correlated positions to Okeanis Eco could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Okeanis Eco when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Okeanis Eco - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Okeanis Eco Tankers to buy it.
The correlation of Okeanis Eco is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Okeanis Eco moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Okeanis Eco Tankers moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Okeanis Eco can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Use Investing Themes to Complement your Okeanis Eco position

In addition to having Okeanis Eco in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

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Furniture
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You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Furniture Theme or any other thematic opportunities.
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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:
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To fully project Okeanis Eco's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Okeanis Eco Tankers at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include Okeanis Eco's income statement, its balance sheet, and the statement of cash flows.
Potential Okeanis Eco investors and stakeholders can use historical trends found within financial statements to determine how well the company is positioned for the future. Although Okeanis Eco investors may work on each financial statement separately, they are all related. The changes in Okeanis Eco's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Okeanis Eco's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.