ECO vs FRO vs SFL Stock Comparison

Okeanis Eco Tankers, Frontline and Sfl Prices as of Nov 4, 2026 Peers: Industry group
1 more company in this comparison (MATX) Create a free account to keep reading and compare up to 10 companies.
FRO Frontline plc
$48.48 -9.8% 1M +108.2% 1Y
Market cap
$10.63B
P/E
7.1x
Revenue (TTM)
$2.71B
Div. yield
–
Marine Shipping Industrials
3 wins
SFL SFL Corp Ltd.
$11.68 -13.6% 1M +59.6% 1Y
Market cap
$1.54B
P/E
16.6x
Revenue (TTM)
$752.34M
Div. yield
–
Marine Shipping Industrials
1 win

Head to Head

11 decided of 12

Okeanis Eco Tankers leads on 7 of the 12 questions below (Okeanis Eco Tankers 7, Frontline 3, Sfl 1). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionECOFROSFLLeader
Larger companyMarket capitalisation $2.82B $10.63B $1.54B FRO
Cheaper on earningsLower P/E, profitable companies only 7.0x 7.1x 16.6x ECO
Cheaper on forward earningsLower price / next fiscal year consensus EPS 4.8x 4.9x 21.2x ECO
Faster revenue growthRevenue growth, trailing twelve months +105.2% +48.8% -4.4% ECO
More profitableNet margin, trailing twelve months 56.9% 54.8% 12.3% ECO
Better return on capitalReturn on invested capital — 29.5% 8.2% FRO
Less leveragedLower net debt / EBITDA 1.0x — 1.1x ECO
Higher dividend yieldTrailing dividend yield 0.00% 0.00% 0.00% –
Better 1-year returnPrice return, last 12 months +154.9% +108.2% +59.6% ECO
Better 5-year returnAnnualised price return, 5 years — +41.3%/yr +7.9%/yr FRO
Less volatileAnnualised volatility, 1 year 48.3% 46.0% 32.0% SFL
Higher overall scoreMean of the five percentile scores vs peers 83/100 81/100 58/100 ECO

Percentile Scorecard

ECOFROSFL

Each axis is the mean percentile of its metrics against the company's industry group. 100 is the best in the group, 50 the middle.

Scores by Axis

AxisECOFROSFL
Valuation 49 #70 of 137 57 #60 of 137 70 #42 of 137
Growth 100 #1 of 127 95 #7 of 127 51 #63 of 127
Profitability 100 #1 of 125 99 #2 of 125 71 #37 of 125
Financial Health 72 #42 of 147 64 #53 of 147 46 #80 of 147
Shareholder Returns 95 #5 of 88 89 #11 of 88 51 #44 of 88
Overall 83 81 58
  • ECO ranked among 150 companies in Transportation
  • FRO ranked among 150 companies in Transportation
  • SFL ranked among 150 companies in Transportation

Price Performance

Price return, split-adjusted, before dividends. Click a name to hide or show it.

Returns

PeriodECOFROSFLSPY
1 month -4.4%-9.8%-13.6% -1.0%
3 months +40.1%+27.7%-1.4% -0.4%
6 months +55.0%+28.6%-0.8% +4.5%
Year to date +151.0%+122.2%+49.6% +12.4%
1 year +154.9%+108.2%+59.6% +13.6%
3 years +178.4%+113.9%+4.3% +76.4%
3 years, per year +40.7%+28.9%+1.4% +20.8%
5 years —+462.4%+46.0% +63.7%
5 years, per year —+41.3%+7.9% +10.4%
10 years —+590.6%-5.4% +267.7%
10 years, per year —+21.3%-0.6% +13.9%

Risk

MeasureECOFROSFLSPY
Volatility, 1Y 48.3%46.0%32.0% 12.8%
Downside volatility, 1Y 48.6%48.1%31.6% 12.7%
Beta vs S&P 500, 1Y 0.200.390.33 1.00
Return / volatility, 1Y 3.202.351.86 1.06
Max drawdown, 5Y -49.0%-56.1%-52.6% -25.4%
From 52-week high -16.5%-18.1%-15.0% -1.6%
52-week high $101.77$59.22$13.74 $779.14
52-week low $31.96$20.58$7.32 $631.97

Valuation History

Weekly multiples on trailing twelve-month fundamentals. Negative or extreme readings (a loss year, a collapsed denominator) are left out so the chart stays readable.

MultipleECOFROSFL
P/E now vs peer median 6.9xmedian 14.5x 7.3xmedian 14.5x 16.8xmedian 14.5x
P/S now vs peer median 4.3xmedian 1.0x 4.0xmedian 1.0x 2.2xmedian 1.0x
EV/EBITDA now vs peer median 7.2xmedian 8.2x —median 8.2x 4.9xmedian 8.2x
P/FCF now vs peer median 8.3xmedian 12.9x 5.4xmedian 12.9x 6.5xmedian 12.9x
P/B now vs peer median 3.4xmedian 1.2x 3.4xmedian 1.2x 1.6xmedian 1.2x
PEG now vs peer median —median 0.64 0.38median 0.64 -9.16median 0.64

Financial History

Reported figures by fiscal period, placed on the calendar year (or quarter) each period ended in, so companies with different fiscal years line up.

Trailing twelve monthsECOFROSFL
Revenue $706.47M $2.71B $752.34M
Gross profit $657.71M – $454.59M
Operating income $440.43M $1.63B $209.41M
Net income $402.14M $1.49B $92.57M
Free cash flow $360.91M $2.02B $261.22M
EPS (diluted) $12.34 $6.68 $0.70
Cash & equivalents $222.59M $321.42M $111.90M
Total debt $722.49M $2.43B $612.77M
Shares (diluted) 32.58M 222.62M 133.06M
Enterprise value $2.30B $9.39B $1.01B

All Metrics

58 metrics · best in bold

Bold marks the best reading: the lowest positive value for multiples, leverage and payout, the highest for everything else. The bar under each value is its percentile against that company's own peers. Hover a value for its rank and the peer median.

Valuation

12 metrics
MetricECOFROSFL
P/E 6.9x 7.3x 16.8x
P/FCF 8.3x 5.4x 6.5x
P/Operating cash flow 8.3x 8.0x 6.5x
P/S 4.3x 4.0x 2.2x
P/B 3.4x 3.4x 1.6x
P/Tangible book 3.4x 3.4x 1.6x
EV/EBITDA 7.2x – 4.9x
EV/EBIT 8.0x 7.9x 10.4x
EV/Revenue 5.0x 4.8x 2.9x
EV/FCF 9.7x 6.4x 8.4x
EV/Operating cash flow 9.7x 9.5x 8.4x
PEG (3Y EPS CAGR) – 0.38 -9.16

Growth

14 metrics
MetricECOFROSFL
Revenue growth (1Y) 105.2% 48.8% -4.4%
Revenue CAGR (3Y) – 12.2% 0.5%
Gross profit growth (1Y) 118.4% – 0.3%
Gross profit CAGR (3Y) – – 0.2%
Operating income growth (1Y) 288.4% 226.3% 23.4%
Operating income CAGR (3Y) – 24.1% -4.6%
Net income growth (1Y) 498.6% 524.5% 5,959%
Net income CAGR (3Y) – 21.7% -2.9%
EPS growth (1Y) 491.6% 524.5% 5,824%
EPS CAGR (3Y) – 19.0% -1.8%
Operating cash flow growth (1Y) 316.0% 116.9% -17.7%
Operating cash flow CAGR (3Y) – 17.1% -11.0%
Free cash flow growth (1Y) 316.0% 218.6% -17.7%
Free cash flow CAGR (3Y) – 20.5% 35.2%

Profitability

14 metrics
MetricECOFROSFL
Gross margin 93.1% – 60.4%
EBITDA margin 69.0% – 59.3%
Operating margin 62.3% 60.1% 27.8%
Pretax margin 67.0% 54.9% 19.8%
Net margin 56.9% 54.8% 12.3%
FCF margin 51.1% 74.3% 34.7%
Operating cash flow margin 51.1% 49.8% 34.7%
Return on equity 50.2% 49.6% 14.3%
Return on assets 26.0% 25.9% 4.3%
Return on invested capital – 29.5% 8.2%
Return on capital employed 30.3% 31.0% –
Asset turnover 0.5x 0.5x 0.2x
Cash conversion (OCF / net income) 0.9x 0.9x 2.8x
Stock comp / revenue – – –

Financial Health

11 metrics
MetricECOFROSFL
Debt / assets 43.8% 41.9% 17.4%
Debt / equity 0.8x 0.8x 0.6x
Net debt / EBITDA 1.0x – 1.1x
Debt / FCF 2.0x 1.2x 2.3x
Liabilities / assets 46.8% 45.7% 69.1%
Equity / assets 53.2% 54.3% 30.9%
Interest coverage – 8.8x 1.4x
Current ratio 4.4x 1.9x –
Quick ratio 3.8x 1.4x –
Cash ratio 2.3x 0.7x –
Altman Z-score 4.43 4.24 –

Shareholder Returns

7 metrics
MetricECOFROSFL
Dividend yield 11.2% 7.4% 7.2%
Net buyback yield – – -1.0%
Shareholder yield 11.2% 7.4% 6.2%
Payout ratio (earnings) – – –
Payout ratio (FCF) – – –
Dividend growth (1Y) – – –
Dividend CAGR (3Y) – – –

Analyst Estimates

Solid lines are reported fiscal-year results; dashed lines are the consensus for the years ahead. Hover a year for the analysts' high and low, and how each result compared with its estimate.

ConsensusECOFROSFL
Forward P/E 4.8xFY2026 4.9xFY2026 21.2xFY2026
EPS, next fiscal year $17.61FY2026 $9.98FY2026 $0.55FY2026
EPS growth, next FY +367.1%FY2026 +487.1%FY2026 +450.0%FY2026
EPS growth, the year after -49.7% -49.8% +76.4%
Revenue, next fiscal year $912.99MFY2026 $2.52BFY2026 $691.35MFY2026
Revenue growth, next FY +244.0%FY2026 +110.2%FY2026 -5.7%FY2026
Revenue growth, the year after -35.5% -18.3% +19.5%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersECOFROSFL
Held by institutions 29.9% 33.6% 43.5%
Institutions holding 116 263 223
Change in shares held, QoQ +2.4% +36.6% +15.8%
Institutions buying 75 152 133
Institutions selling 29 76 55
Buyers to sellers 2.59 2.00 2.42

Return Correlation

Daily returns, last 12 months

1.00 means two stocks move in lockstep, 0 that they move independently. Pairs below about 0.5 diversify each other.

ECOFROSFL
ECO 1.00 0.82 0.63
FRO 0.82 1.00 0.64
SFL 0.63 0.64 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, ECO, FRO and SFL?

Frontline (FRO) is the largest by market capitalisation: Okeanis Eco Tankers (ECO) $2.82B, Frontline (FRO) $10.63B, Sfl (SFL) $1.54B.

Which stock is cheaper, ECO, FRO and SFL?

Okeanis Eco Tankers (ECO) trades on the lowest price-to-earnings ratio (Okeanis Eco Tankers (ECO) 7.0x, Frontline (FRO) 7.1x, Sfl (SFL) 16.6x). On next year's consensus earnings, Okeanis Eco Tankers (ECO) is cheapest (Okeanis Eco Tankers (ECO) 4.8x, Frontline (FRO) 4.9x, Sfl (SFL) 21.2x). A lower multiple can reflect slower expected growth, so read it next to the growth figures.

Which company is growing faster?

Okeanis Eco Tankers (ECO) grew revenue fastest over the trailing twelve months: Okeanis Eco Tankers (ECO) +105.2%, Frontline (FRO) +48.8%, Sfl (SFL) -4.4%.

Which company is more profitable?

Okeanis Eco Tankers (ECO) has the highest net margin (Okeanis Eco Tankers (ECO) 56.9%, Frontline (FRO) 54.8%, Sfl (SFL) 12.3%). On return on invested capital, Frontline (FRO) leads (Frontline (FRO) 29.5%, Sfl (SFL) 8.2%).

Which stock has performed better?

Over the past year Okeanis Eco Tankers (ECO) returned the most: Okeanis Eco Tankers (ECO) +154.9%, Frontline (FRO) +108.2%, Sfl (SFL) +59.6%. Over five years, Frontline (FRO) compounded fastest (Frontline (FRO) +41.3%/yr, Sfl (SFL) +7.9%/yr). Returns are price only, before dividends.

Which stock is riskier?

By one-year price volatility, Sfl (SFL) has been the steadiest (Okeanis Eco Tankers (ECO) 48.3%, Frontline (FRO) 46.0%, Sfl (SFL) 32.0%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, ECO, FRO and SFL?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, Okeanis Eco Tankers (ECO) leads on 7. Business Quant does not give investment advice; use the comparison as a starting point for your own research.

Data from SEC filings, exchange prices and consensus estimates, via Business Quant. Percentile scores compare each company with its own peer group, so two companies' scores are each relative to different peers unless you rank against the whole market. Price returns exclude dividends. Nothing on this page is investment advice.