ECO vs FRO vs TRMD Stock Comparison

Okeanis Eco Tankers, Frontline and Torm Prices as of Oct 28, 2026 Peers: Industry group
ECO Okeanis Eco Tankers Corp.
$99.03 +25.3% 1M +195.2% 1Y
Market cap
$3.51B
P/E
8.0x
Revenue (TTM)
$706.47M
Div. yield
9.64%
Marine Shipping Industrials
3 wins
FRO Frontline plc
$55.52 +15.4% 1M +129.1% 1Y
Market cap
$12.36B
P/E
8.3x
Revenue (TTM)
$2.71B
Div. yield
6.43%
Marine Shipping Industrials
2 wins
TRMD TORM plc
$41.71 +17.8% 1M +92.6% 1Y
Market cap
$4.23B
P/E
2.5x
Revenue (TTM)
$2.72B
Div. yield
12.08%
Marine Shipping Industrials
6 wins

Head to Head

11 decided of 12

Torm leads on 6 of the 12 questions below (Torm 6, Okeanis Eco Tankers 3, Frontline 2). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionECOFROTRMDLeader
Larger companyMarket capitalisation $3.51B $12.36B $4.23B FRO
Cheaper on earningsLower P/E, profitable companies only 8.0x 8.3x 2.5x TRMD
Cheaper on forward earningsLower price / next fiscal year consensus EPS 5.6x 5.6x 4.7x TRMD
Faster revenue growthRevenue growth, trailing twelve months +105.2% +48.8% +3.0% ECO
More profitableNet margin, trailing twelve months 56.9% 54.8% 61.2% TRMD
Better return on capitalReturn on invested capital — 29.5% — –
Less leveragedLower net debt / EBITDA 1.0x — -2.0x TRMD
Higher dividend yieldTrailing dividend yield 9.64% 6.43% 12.08% TRMD
Better 1-year returnPrice return, last 12 months +195.2% +129.1% +92.6% ECO
Better 5-year returnAnnualised price return, 5 years — +44.5%/yr +38.4%/yr FRO
Less volatileAnnualised volatility, 1 year 46.4% 44.8% 39.3% TRMD
Higher overall scoreMean of the five percentile scores vs peers 81/100 79/100 80/100 ECO

Percentile Scorecard

ECOFROTRMD

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

AxisECOFROTRMD
Valuation 42 #80 of 136 50 #69 of 136 90 #14 of 136
Growth 100 #1 of 122 96 #6 of 122 57 #53 of 122
Profitability 99 #2 of 116 98 #3 of 116 96 #6 of 116
Financial Health 70 #43 of 143 67 #48 of 143 89 #17 of 143
Shareholder Returns 96 #4 of 81 86 #12 of 81 70 #25 of 81
Overall 81 79 80
  • ECO ranked among 150 companies in Transportation
  • FRO ranked among 150 companies in Transportation
  • TRMD ranked among 150 companies in Transportation

Price Performance

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

Returns

PeriodECOFROTRMDSPY
1 month +25.3%+15.4%+17.8% +0.9%
3 months +69.6%+41.8%+39.8% +5.9%
6 months +82.5%+53.0%+30.0% +8.5%
Year to date +192.6%+154.4%+113.0% +13.3%
1 year +195.2%+129.1%+92.6% +12.4%
3 years +260.2%+149.3%+37.2% +88.1%
3 years, per year +53.3%+35.6%+11.1% +23.5%
5 years —+530.2%+406.8% +68.2%
5 years, per year —+44.5%+38.4% +11.0%
10 years —+649.3%— +263.4%
10 years, per year —+22.3%— +13.8%

Risk

MeasureECOFROTRMDSPY
Volatility, 1Y 46.4%44.8%39.3% 12.7%
Downside volatility, 1Y 44.2%45.2%40.3% 12.7%
Beta vs S&P 500, 1Y 0.290.510.43 1.00
Return / volatility, 1Y 4.212.882.35 0.98
Max drawdown, 5Y -49.0%-56.1%-65.5% -25.4%
From 52-week high -0.3%-6.2%0.0% -0.9%
52-week high $99.28$59.22$41.71 $779.14
52-week low $31.96$20.58$19.39 $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.

MultipleECOFROTRMD
P/E now vs peer median 8.0xmedian 16.1x 8.3xmedian 16.1x 2.5xmedian 16.1x
P/S now vs peer median 5.0xmedian 0.9x 4.6xmedian 0.9x 1.6xmedian 0.9x
EV/EBITDA now vs peer median 8.2xmedian 8.6x —median 8.6x 0.7xmedian 8.6x
P/FCF now vs peer median 9.7xmedian 11.6x 6.1xmedian 11.6x 6.0xmedian 11.6x
P/B now vs peer median 4.0xmedian 1.2x 3.9xmedian 1.2x 1.7xmedian 1.2x
PEG now vs peer median —median 0.80 0.44median 0.80 0.12median 0.80

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 monthsECOFROTRMD
Revenue $706.47M $2.71B $2.72B
Gross profit $657.71M – $2.66B
Operating income $440.43M $1.63B $1.63B
Net income $402.14M $1.49B $1.67B
Free cash flow $360.91M $2.02B $699.80M
EPS (diluted) $12.34 $6.68 $16.64
Cash & equivalents $222.59M $321.42M $368.20M
Total debt $2.67B $2.43B $1.08B
Shares (diluted) 32.58M 222.62M 100.10M
Enterprise value $2.99B $11.12B -$7.46B

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
MetricECOFROTRMD
P/E 8.0x 8.3x 2.5x
P/FCF 9.7x 6.1x 6.0x
P/Operating cash flow 9.7x 9.1x 6.0x
P/S 5.0x 4.6x 1.6x
P/B 4.0x 3.9x 1.7x
P/Tangible book 4.0x 3.9x 1.7x
EV/EBITDA 8.2x – 0.7x
EV/EBIT 9.1x 8.9x 0.7x
EV/Revenue 5.7x 5.3x 0.4x
EV/FCF 11.1x 7.2x 1.6x
EV/Operating cash flow 11.1x 10.7x 1.6x
PEG (3Y EPS CAGR) – 0.44 0.12

Growth

14 metrics
MetricECOFROTRMD
Revenue growth (1Y) 105.2% 48.8% 3.0%
Revenue CAGR (3Y) – 12.2% 17.6%
Gross profit growth (1Y) 118.4% – 3.0%
Gross profit CAGR (3Y) – – –
Operating income growth (1Y) 288.4% 226.3% -1.4%
Operating income CAGR (3Y) – 24.1% 25.7%
Net income growth (1Y) 498.6% 524.5% -1.1%
Net income CAGR (3Y) – 21.7% 28.5%
EPS growth (1Y) 491.6% 524.5% -4.8%
EPS CAGR (3Y) – 19.0% 20.6%
Operating cash flow growth (1Y) 316.0% 116.9% -1.8%
Operating cash flow CAGR (3Y) – 17.1% -5.2%
Free cash flow growth (1Y) 316.0% 218.6% -1.8%
Free cash flow CAGR (3Y) – 20.5% 17.9%

Profitability

14 metrics
MetricECOFROTRMD
Gross margin 93.1% – 97.8%
EBITDA margin 69.0% – 58.5%
Operating margin 62.3% 60.1% 60.1%
Pretax margin 67.0% 54.9% 61.1%
Net margin 56.9% 54.8% 61.2%
FCF margin 51.1% 74.3% 25.7%
Operating cash flow margin 51.1% 49.8% 25.7%
Return on equity 50.2% 49.6% –
Return on assets 26.0% 25.9% 45.3%
Return on invested capital – 29.5% –
Return on capital employed 30.3% 31.0% 49.4%
Asset turnover 0.5x 0.5x 0.7x
Cash conversion (OCF / net income) 0.9x 0.9x 0.4x
Stock comp / revenue – – –

Financial Health

11 metrics
MetricECOFROTRMD
Debt / assets 43.8% 41.9% 28.1%
Debt / equity 0.8x 0.8x 0.4x
Net debt / EBITDA 1.0x – -2.0x
Debt / FCF 2.0x 1.2x 1.5x
Liabilities / assets 46.8% 45.7% 33.3%
Equity / assets 53.2% 54.3% 66.7%
Interest coverage – 8.8x 12.6x
Current ratio 4.4x 1.9x 2.3x
Quick ratio 3.8x 1.4x 12.2x
Cash ratio 2.3x 0.7x 11.2x
Altman Z-score 4.81 4.59 5.09

Shareholder Returns

7 metrics
MetricECOFROTRMD
Dividend yield 9.6% 6.4% 12.1%
Net buyback yield – – -0.5%
Shareholder yield 9.6% 6.4% 11.6%
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.

ConsensusECOFROTRMD
Forward P/E 5.6xFY2026 5.6xFY2026 4.7xFY2026
EPS, next fiscal year $17.61FY2026 $9.98FY2026 $8.85FY2026
EPS growth, next FY +367.1%FY2026 +487.1%FY2026 +204.1%FY2026
EPS growth, the year after -49.7% -49.8% -29.9%
Revenue, next fiscal year $912.99MFY2026 $2.52BFY2026 $1.62BFY2026
Revenue growth, next FY +244.0%FY2026 +110.2%FY2026 +78.2%FY2026
Revenue growth, the year after -35.5% -18.3% -24.0%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersECOFROTRMD
Held by institutions 29.9% 33.6% 45.6%
Institutions holding 116 261 152
Change in shares held, QoQ +2.4% +36.6% +7.6%
Institutions buying 75 152 98
Institutions selling 29 74 36
Buyers to sellers 2.59 2.05 2.72

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.

ECOFROTRMD
ECO 1.00 0.81 0.70
FRO 0.81 1.00 0.73
TRMD 0.70 0.73 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, ECO, FRO and TRMD?

Frontline (FRO) is the largest by market capitalisation: Okeanis Eco Tankers (ECO) $3.51B, Frontline (FRO) $12.36B, Torm (TRMD) $4.23B.

Which stock is cheaper, ECO, FRO and TRMD?

Torm (TRMD) trades on the lowest price-to-earnings ratio (Okeanis Eco Tankers (ECO) 8.0x, Frontline (FRO) 8.3x, Torm (TRMD) 2.5x). On next year's consensus earnings, Torm (TRMD) is cheapest (Okeanis Eco Tankers (ECO) 5.6x, Frontline (FRO) 5.6x, Torm (TRMD) 4.7x). 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%, Torm (TRMD) +3.0%.

Which company is more profitable?

Torm (TRMD) has the highest net margin (Okeanis Eco Tankers (ECO) 56.9%, Frontline (FRO) 54.8%, Torm (TRMD) 61.2%).

Which stock has performed better?

Over the past year Okeanis Eco Tankers (ECO) returned the most: Okeanis Eco Tankers (ECO) +195.2%, Frontline (FRO) +129.1%, Torm (TRMD) +92.6%. Over five years, Frontline (FRO) compounded fastest (Frontline (FRO) +44.5%/yr, Torm (TRMD) +38.4%/yr). Returns are price only, before dividends.

Which pays a higher dividend?

Torm (TRMD) has the highest dividend yield: Okeanis Eco Tankers (ECO) 9.64%, Frontline (FRO) 6.43%, Torm (TRMD) 12.08%.

Which stock is riskier?

By one-year price volatility, Torm (TRMD) has been the steadiest (Okeanis Eco Tankers (ECO) 46.4%, Frontline (FRO) 44.8%, Torm (TRMD) 39.3%). Volatility measures how widely the price swings, not the risk of the business.

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

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, Torm (TRMD) leads on 6. 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.