Hafnia (NYSE:HAFN – Get Free Report) and Okeanis Eco Tankers (NYSE:ECO – Get Free Report) are both transportation companies, but which is the better stock? We will contrast the two businesses based on the strength of their dividends, institutional ownership, valuation, earnings, analyst recommendations, profitability and risk.
Profitability
This table compares Hafnia and Okeanis Eco Tankers’ net margins, return on equity and return on assets.
| Net Margins | Return on Equity | Return on Assets | |
| Hafnia | 37.26% | 18.74% | 11.65% |
| Okeanis Eco Tankers | 19.52% | 15.81% | 6.07% |
Analyst Recommendations
This is a summary of recent ratings for Hafnia and Okeanis Eco Tankers, as reported by MarketBeat.com.
| Sell Ratings | Hold Ratings | Buy Ratings | Strong Buy Ratings | Rating Score | |
| Hafnia | 0 | 0 | 1 | 1 | 3.50 |
| Okeanis Eco Tankers | 0 | 0 | 2 | 1 | 3.33 |
Dividends
Hafnia pays an annual dividend of $0.48 per share and has a dividend yield of 7.8%. Okeanis Eco Tankers pays an annual dividend of $2.80 per share and has a dividend yield of 10.1%. Hafnia pays out 56.5% of its earnings in the form of a dividend. Okeanis Eco Tankers pays out 134.0% of its earnings in the form of a dividend, suggesting it may not have sufficient earnings to cover its dividend payment in the future.
Valuation & Earnings
This table compares Hafnia and Okeanis Eco Tankers”s top-line revenue, earnings per share (EPS) and valuation.
| Gross Revenue | Price/Sales Ratio | Net Income | Earnings Per Share | Price/Earnings Ratio | |
| Hafnia | $2.35 billion | 1.32 | $774.03 million | $0.85 | 7.22 |
| Okeanis Eco Tankers | $393.23 million | 2.26 | $108.86 million | $2.09 | 13.20 |
Hafnia has higher revenue and earnings than Okeanis Eco Tankers. Hafnia 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.
Risk and Volatility
Hafnia has a beta of 0.92, indicating that its share price is 8% less volatile than the S&P 500. Comparatively, Okeanis Eco Tankers has a beta of -0.11, indicating that its share price is 111% less volatile than the S&P 500.
Summary
Hafnia beats Okeanis Eco Tankers on 8 of the 14 factors compared between the two stocks.
About Hafnia
Hafnia Limited owns and operates oil product tankers in Bermuda. It operates through Long Range II, Long Range I, Medium Range (MR), Handy size, and Specialized segments. The company transports clean and dirty, refined oil products, vegetable oil, and easy chemicals to national and international oil companies, and chemical companies, as well as trading and utility companies; and owns and operates 200 vessels. It provides ship owning, ship-management, investment, management, corporate support, and agency office services. In addition, the company provides integrated shipping platform, including technical management, commercial and chartering services, pool management, and large-scale bunker desk services. Hafnia Limited is based 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.
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