ECO vs HAFN vs STNG Stock Comparison

Okeanis Eco Tankers, Hafnia and Scorpio Tankers Prices as of Oct 29, 2026 Peers: Industry group
ECO Okeanis Eco Tankers Corp.
$101.77 +26.7% 1M +196.8% 1Y
Market cap
$3.30B
P/E
8.2x
Revenue (TTM)
$706.47M
Div. yield
–
Marine Shipping Industrials
4 wins
HAFN Hafnia Ltd
$11.07 +14.6% 1M +75.2% 1Y
Market cap
$5.43B
P/E
5.1x
Revenue (TTM)
$1.52B
Div. yield
–
Marine Shipping Industrials
3 wins
STNG Scorpio Tankers Inc.
$95.07 +13.8% 1M +53.3% 1Y
Market cap
$4.29B
P/E
5.0x
Revenue (TTM)
$1.24B
Div. yield
–
Marine Shipping Industrials
2 wins

Head to Head

9 decided of 12

Okeanis Eco Tankers leads on 4 of the 12 questions below (Okeanis Eco Tankers 4, Hafnia 3, Scorpio Tankers 2). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionECOHAFNSTNGLeader
Larger companyMarket capitalisation $3.30B $5.43B $4.29B HAFN
Cheaper on earningsLower P/E, profitable companies only 8.2x 5.1x 5.0x STNG
Cheaper on forward earningsLower price / next fiscal year consensus EPS 5.8x 7.6x 7.7x ECO
Faster revenue growthRevenue growth, trailing twelve months +105.2% +30.5% +39.5% ECO
More profitableNet margin, trailing twelve months 56.9% 70.2% 69.3% HAFN
Better return on capitalReturn on invested capital — 19.3% — –
Less leveragedLower net debt / EBITDA 1.0x 0.7x -1.3x STNG
Higher dividend yieldTrailing dividend yield 0.00% 0.00% 0.00% –
Better 1-year returnPrice return, last 12 months +196.8% +75.2% +53.3% ECO
Better 5-year returnAnnualised price return, 5 years — — +42.8%/yr –
Less volatileAnnualised volatility, 1 year 46.4% 36.7% 37.0% HAFN
Higher overall scoreMean of the five percentile scores vs peers 81/100 74/100 75/100 ECO

Percentile Scorecard

ECOHAFNSTNG

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

AxisECOHAFNSTNG
Valuation 39 #83 of 136 64 #50 of 136 84 #23 of 136
Growth 100 #1 of 121 68 #39 of 121 81 #24 of 121
Profitability 99 #2 of 112 92 #10 of 112 93 #9 of 112
Financial Health 71 #42 of 140 77 #33 of 140 94 #10 of 140
Shareholder Returns 96 #4 of 80 70 #25 of 80 24 #61 of 80
Overall 81 74 75
  • ECO ranked among 150 companies in Transportation
  • HAFN ranked among 150 companies in Transportation
  • STNG ranked among 150 companies in Transportation

Price Performance

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

Returns

PeriodECOHAFNSTNGSPY
1 month +26.7%+14.6%+13.8% +0.7%
3 months +70.0%+43.8%+25.9% +3.7%
6 months +84.2%+24.2%+16.9% +7.1%
Year to date +200.7%+107.7%+87.0% +12.8%
1 year +196.8%+75.2%+53.3% +11.9%
3 years +250.4%+70.4%+68.9% +85.2%
3 years, per year +51.9%+19.5%+19.1% +22.8%
5 years ——+493.4% +67.6%
5 years, per year ——+42.8% +10.9%
10 years ——+139.5% +262.0%
10 years, per year ——+9.1% +13.7%

Risk

MeasureECOHAFNSTNGSPY
Volatility, 1Y 46.4%36.7%37.0% 12.7%
Downside volatility, 1Y 44.2%38.8%34.5% 12.6%
Beta vs S&P 500, 1Y 0.290.140.16 1.00
Return / volatility, 1Y 4.242.051.44 0.94
Max drawdown, 5Y -49.0%-59.2%-61.9% -25.4%
From 52-week high 0.0%0.0%0.0% -1.2%
52-week high $101.77$11.07$95.07 $779.14
52-week low $31.96$5.21$49.51 $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.

MultipleECOHAFNSTNG
P/E now vs peer median 8.2xmedian 16.5x 5.2xmedian 16.5x 5.2xmedian 16.5x
P/S now vs peer median 5.1xmedian 0.9x 3.6xmedian 0.9x 4.0xmedian 0.9x
EV/EBITDA now vs peer median 8.4xmedian 8.8x 7.1xmedian 8.8x 2.9xmedian 8.8x
P/FCF now vs peer median 10.0xmedian 11.9x 7.1xmedian 11.9x 5.9xmedian 11.9x
P/B now vs peer median 4.1xmedian 1.2x 2.1xmedian 1.2x 1.3xmedian 1.2x
PEG now vs peer median —median 0.84 —median 0.84 0.30median 0.84

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 monthsECOHAFNSTNG
Revenue $706.47M $1.52B $1.24B
Gross profit $657.71M $835.92M $972.55M
Operating income $440.43M $673.55M $1.02B
Net income $402.14M $658.69M $956.23M
Free cash flow $360.91M $781.70M $833.30M
EPS (diluted) $12.34 $2.12 $17.55
Cash & equivalents $222.59M $353.16M $2.04B
Total debt $2.67B $5.60B $522.53M
Shares (diluted) 32.58M 504.11M 48.95M
Enterprise value $2.78B $4.51B -$1.33B

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
MetricECOHAFNSTNG
P/E 8.2x 5.2x 5.2x
P/FCF 10.0x 7.1x 5.9x
P/Operating cash flow 10.0x 7.8x 5.9x
P/S 5.1x 3.6x 4.0x
P/B 4.1x 2.1x 1.3x
P/Tangible book 4.1x 2.1x 1.3x
EV/EBITDA 8.4x 7.1x 2.9x
EV/EBIT 9.3x 9.1x 3.3x
EV/Revenue 5.8x 4.0x 2.7x
EV/FCF 11.4x 7.9x 4.1x
EV/Operating cash flow 11.4x 8.7x 4.1x
PEG (3Y EPS CAGR) – – 0.30

Growth

14 metrics
MetricECOHAFNSTNG
Revenue growth (1Y) 105.2% 30.5% 39.5%
Revenue CAGR (3Y) – – -6.1%
Gross profit growth (1Y) 118.4% 41.7% 63.4%
Gross profit CAGR (3Y) – – -6.3%
Operating income growth (1Y) 288.4% 43.5% 221.8%
Operating income CAGR (3Y) – – 6.2%
Net income growth (1Y) 498.6% 51.8% 235.8%
Net income CAGR (3Y) – – 11.5%
EPS growth (1Y) 491.6% 22.6% 227.2%
EPS CAGR (3Y) – – 17.3%
Operating cash flow growth (1Y) 316.0% -12.7% 89.5%
Operating cash flow CAGR (3Y) – – -5.8%
Free cash flow growth (1Y) 316.0% -3.9% 89.5%
Free cash flow CAGR (3Y) – – -5.8%

Profitability

14 metrics
MetricECOHAFNSTNG
Gross margin 93.1% 55.0% 78.4%
EBITDA margin 69.0% 57.3% 95.3%
Operating margin 62.3% 44.3% 82.2%
Pretax margin 67.0% 43.4% 77.7%
Net margin 56.9% 70.2% 69.3%
FCF margin 51.1% 51.5% 67.2%
Operating cash flow margin 51.1% 46.3% 67.2%
Return on equity 50.2% 25.4% 25.5%
Return on assets 26.0% 16.5% 20.5%
Return on invested capital – 19.3% –
Return on capital employed 30.3% 20.2% 22.4%
Asset turnover 0.5x 0.4x 0.3x
Cash conversion (OCF / net income) 0.9x 1.1x 0.9x
Stock comp / revenue – 0.2% 6.1%

Financial Health

11 metrics
MetricECOHAFNSTNG
Debt / assets 43.8% 24.9% 11.1%
Debt / equity 0.8x 0.4x 0.1x
Net debt / EBITDA 1.0x 0.7x -1.3x
Debt / FCF 2.0x 1.3x 0.6x
Liabilities / assets 46.8% 33.1% 17.7%
Equity / assets 53.2% 66.9% 82.3%
Interest coverage – 26.9x 13.2x
Current ratio 4.4x 1.7x 20.7x
Quick ratio 3.8x 1.5x 19.9x
Cash ratio 2.3x 0.5x 17.9x
Altman Z-score 4.89 3.96 5.75

Shareholder Returns

7 metrics
MetricECOHAFNSTNG
Dividend yield 9.4% 10.1% 1.9%
Net buyback yield – -0.1% 0.0%
Shareholder yield 9.4% 10.0% 1.9%
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.

ConsensusECOHAFNSTNG
Forward P/E 5.8xFY2026 7.6xFY2026 7.7xFY2026
EPS, next fiscal year $17.61FY2026 $1.45FY2026 $12.28FY2026
EPS growth, next FY +367.1%FY2026 +113.2%FY2026 +122.9%FY2026
EPS growth, the year after -49.7% -14.5% -31.4%
Revenue, next fiscal year $912.99MFY2026 $1.36BFY2026 $1.29BFY2026
Revenue growth, next FY +244.0%FY2026 +42.6%FY2026 +43.2%FY2026
Revenue growth, the year after -35.5% -11.3% -21.9%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersECOHAFNSTNG
Held by institutions 29.9% – 79.3%
Institutions holding 116 – 303
Change in shares held, QoQ +2.4% – +6.1%
Institutions buying 75 – 185
Institutions selling 29 – 80
Buyers to sellers 2.59 – 2.31

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.

ECOHAFNSTNG
ECO 1.00 0.70 0.65
HAFN 0.70 1.00 0.73
STNG 0.65 0.73 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, ECO, HAFN and STNG?

Hafnia (HAFN) is the largest by market capitalisation: Okeanis Eco Tankers (ECO) $3.30B, Hafnia (HAFN) $5.43B, Scorpio Tankers (STNG) $4.29B.

Which stock is cheaper, ECO, HAFN and STNG?

Scorpio Tankers (STNG) trades on the lowest price-to-earnings ratio (Okeanis Eco Tankers (ECO) 8.2x, Hafnia (HAFN) 5.1x, Scorpio Tankers (STNG) 5.0x). On next year's consensus earnings, Okeanis Eco Tankers (ECO) is cheapest (Okeanis Eco Tankers (ECO) 5.8x, Hafnia (HAFN) 7.6x, Scorpio Tankers (STNG) 7.7x). 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%, Hafnia (HAFN) +30.5%, Scorpio Tankers (STNG) +39.5%.

Which company is more profitable?

Hafnia (HAFN) has the highest net margin (Okeanis Eco Tankers (ECO) 56.9%, Hafnia (HAFN) 70.2%, Scorpio Tankers (STNG) 69.3%).

Which stock has performed better?

Over the past year Okeanis Eco Tankers (ECO) returned the most: Okeanis Eco Tankers (ECO) +196.8%, Hafnia (HAFN) +75.2%, Scorpio Tankers (STNG) +53.3%. Returns are price only, before dividends.

Which stock is riskier?

By one-year price volatility, Hafnia (HAFN) has been the steadiest (Okeanis Eco Tankers (ECO) 46.4%, Hafnia (HAFN) 36.7%, Scorpio Tankers (STNG) 37.0%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, ECO, HAFN and STNG?

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 4. 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.