FRO vs ZIM vs ECO Stock Comparison

Frontline, ZIM Integrated Shipping Services and Okeanis Eco Tankers Prices as of Oct 28, 2026 Peers: Industry group
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
3 wins
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
6 wins

Head to Head

10 decided of 12

Okeanis Eco Tankers leads on 6 of the 12 questions below (Okeanis Eco Tankers 6, Frontline 3, ZIM Integrated Shipping Services 1). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionFROZIMECOLeader
Larger companyMarket capitalisation $12.36B $3.57B $3.51B FRO
Cheaper on earningsLower P/E, profitable companies only 8.3x 25.6x 8.0x ECO
Cheaper on forward earningsLower price / next fiscal year consensus EPS 5.6x 5.3x 5.6x ZIM
Faster revenue growthRevenue growth, trailing twelve months +48.8% -24.9% +105.2% ECO
More profitableNet margin, trailing twelve months 54.8% 2.2% 56.9% ECO
Better return on capitalReturn on invested capital 29.5% — — –
Less leveragedLower net debt / EBITDA — — 1.0x –
Higher dividend yieldTrailing dividend yield 6.43% 4.01% 9.64% ECO
Better 1-year returnPrice return, last 12 months +129.1% +100.0% +195.2% ECO
Better 5-year returnAnnualised price return, 5 years +44.5%/yr -10.4%/yr — FRO
Less volatileAnnualised volatility, 1 year 44.8% 48.5% 46.4% FRO
Higher overall scoreMean of the five percentile scores vs peers 79/100 46/100 81/100 ECO

Percentile Scorecard

FROZIMECO

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

AxisFROZIMECO
Valuation 50 #69 of 136 94 #9 of 136 42 #80 of 136
Growth 96 #6 of 122 8 #112 of 122 100 #1 of 122
Profitability 98 #3 of 116 40 #70 of 116 99 #2 of 116
Financial Health 67 #48 of 143 26 #106 of 143 70 #43 of 143
Shareholder Returns 86 #12 of 81 61 #32 of 81 96 #4 of 81
Overall 79 46 81
  • FRO ranked among 150 companies in Transportation
  • ZIM ranked among 150 companies in Transportation
  • ECO ranked among 150 companies in Transportation

Price Performance

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

Returns

PeriodFROZIMECOSPY
1 month +15.4%+4.5%+25.3% +0.9%
3 months +41.8%+20.7%+69.6% +5.9%
6 months +53.0%+14.0%+82.5% +8.5%
Year to date +154.4%+39.7%+192.6% +13.3%
1 year +129.1%+100.0%+195.2% +12.4%
3 years +149.3%+264.4%+260.2% +88.1%
3 years, per year +35.6%+53.9%+53.3% +23.5%
5 years +530.2%-42.1%— +68.2%
5 years, per year +44.5%-10.4%— +11.0%
10 years +649.3%—— +263.4%
10 years, per year +22.3%—— +13.8%

Risk

MeasureFROZIMECOSPY
Volatility, 1Y 44.8%48.5%46.4% 12.7%
Downside volatility, 1Y 45.2%39.7%44.2% 12.7%
Beta vs S&P 500, 1Y 0.510.910.29 1.00
Return / volatility, 1Y 2.882.064.21 0.98
Max drawdown, 5Y -56.1%-92.6%-49.0% -25.4%
From 52-week high -6.2%-4.0%-0.3% -0.9%
52-week high $59.22$30.90$99.28 $779.14
52-week low $20.58$14.35$31.96 $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.

MultipleFROZIMECO
P/E now vs peer median 8.3xmedian 16.1x 25.6xmedian 16.1x 8.0xmedian 16.1x
P/S now vs peer median 4.6xmedian 0.9x 0.6xmedian 0.9x 5.0xmedian 0.9x
EV/EBITDA now vs peer median —median 8.6x 1.4xmedian 8.6x 8.2xmedian 8.6x
P/FCF now vs peer median 6.1xmedian 11.6x 1.9xmedian 11.6x 9.7xmedian 11.6x
P/B now vs peer median 3.9xmedian 1.2x 0.9xmedian 1.2x 4.0xmedian 1.2x
PEG now vs peer median 0.44median 0.80 -0.49median 0.80 —median 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 monthsFROZIMECO
Revenue $2.71B $6.44B $706.47M
Gross profit – $879.10M $657.71M
Operating income $1.63B $528.50M $440.43M
Net income $1.49B -$823.50M $402.14M
Free cash flow $2.02B $1.91B $360.91M
EPS (diluted) $6.68 $1.16 $12.34
Cash & equivalents $321.42M $1.04B $222.59M
Total debt $2.43B – $2.67B
Shares (diluted) 222.62M 120.52M 32.58M
Enterprise value $11.12B -$3.92B $2.99B

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
MetricFROZIMECO
P/E 8.3x 25.6x 8.0x
P/FCF 6.1x 1.9x 9.7x
P/Operating cash flow 9.1x 2.2x 9.7x
P/S 4.6x 0.6x 5.0x
P/B 3.9x 0.9x 4.0x
P/Tangible book 3.9x 0.9x 4.0x
EV/EBITDA – 1.4x 8.2x
EV/EBIT 8.9x 4.8x 9.1x
EV/Revenue 5.3x 0.4x 5.7x
EV/FCF 7.2x 1.3x 11.1x
EV/Operating cash flow 10.7x 1.5x 11.1x
PEG (3Y EPS CAGR) 0.44 -0.49 –

Growth

14 metrics
MetricFROZIMECO
Revenue growth (1Y) 48.8% -24.9% 105.2%
Revenue CAGR (3Y) 12.2% -7.4% –
Gross profit growth (1Y) – -68.5% 118.4%
Gross profit CAGR (3Y) – -26.9% –
Operating income growth (1Y) 226.3% -78.9% 288.4%
Operating income CAGR (3Y) 24.1% -35.3% –
Net income growth (1Y) 524.5% 64.2% 498.6%
Net income CAGR (3Y) 21.7% 53.0% –
EPS growth (1Y) 524.5% -93.1% 491.6%
EPS CAGR (3Y) 19.0% -52.6% –
Operating cash flow growth (1Y) 116.9% -57.9% 316.0%
Operating cash flow CAGR (3Y) 17.1% -20.1% –
Free cash flow growth (1Y) 218.6% -54.0% 316.0%
Free cash flow CAGR (3Y) 20.5% -17.4% –

Profitability

14 metrics
MetricFROZIMECO
Gross margin – 13.7% 93.1%
EBITDA margin – 27.7% 69.0%
Operating margin 60.1% 8.2% 62.3%
Pretax margin 54.9% 3.0% 67.0%
Net margin 54.8% 2.2% 56.9%
FCF margin 74.3% 29.7% 51.1%
Operating cash flow margin 49.8% 25.8% 51.1%
Return on equity 49.6% 3.6% 50.2%
Return on assets 25.9% 1.3% 26.0%
Return on invested capital 29.5% – –
Return on capital employed 31.0% 6.3% 30.3%
Asset turnover 0.5x 0.6x 0.5x
Cash conversion (OCF / net income) 0.9x -2.0x 0.9x
Stock comp / revenue – – –

Financial Health

11 metrics
MetricFROZIMECO
Debt / assets 41.9% – 43.8%
Debt / equity 0.8x – 0.8x
Net debt / EBITDA – – 1.0x
Debt / FCF 1.2x – 2.0x
Liabilities / assets 45.7% 63.6% 46.8%
Equity / assets 54.3% 36.4% 53.2%
Interest coverage 8.8x 1.2x –
Current ratio 1.9x 1.2x 4.4x
Quick ratio 1.4x 0.5x 3.8x
Cash ratio 0.7x 0.5x 2.3x
Altman Z-score 4.59 1.39 4.81

Shareholder Returns

7 metrics
MetricFROZIMECO
Dividend yield 6.4% 4.0% 9.6%
Net buyback yield – – –
Shareholder yield 6.4% 4.0% 9.6%
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.

ConsensusFROZIMECO
Forward P/E 5.6xFY2026 5.3xFY2026 5.6xFY2026
EPS, next fiscal year $9.98FY2026 $5.60FY2026 $17.61FY2026
EPS growth, next FY +487.1%FY2026 +40.7%FY2026 +367.1%FY2026
EPS growth, the year after -49.8% -103.6% -49.7%
Revenue, next fiscal year $2.52BFY2026 $8.36BFY2026 $912.99MFY2026
Revenue growth, next FY +110.2%FY2026 +21.1%FY2026 +244.0%FY2026
Revenue growth, the year after -18.3% -12.2% -35.5%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersFROZIMECO
Held by institutions 33.6% 38.7% 29.9%
Institutions holding 261 244 116
Change in shares held, QoQ +36.6% -6.7% +2.4%
Institutions buying 152 122 75
Institutions selling 74 77 29
Buyers to sellers 2.05 1.58 2.59

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.

FROZIMECO
FRO 1.00 0.21 0.81
ZIM 0.21 1.00 0.14
ECO 0.81 0.14 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, FRO, ZIM and ECO?

Frontline (FRO) is the largest by market capitalisation: Frontline (FRO) $12.36B, ZIM Integrated Shipping Services (ZIM) $3.57B, Okeanis Eco Tankers (ECO) $3.51B.

Which stock is cheaper, FRO, ZIM and ECO?

Okeanis Eco Tankers (ECO) trades on the lowest price-to-earnings ratio (Frontline (FRO) 8.3x, ZIM Integrated Shipping Services (ZIM) 25.6x, Okeanis Eco Tankers (ECO) 8.0x). On next year's consensus earnings, ZIM Integrated Shipping Services (ZIM) is cheapest (Frontline (FRO) 5.6x, ZIM Integrated Shipping Services (ZIM) 5.3x, Okeanis Eco Tankers (ECO) 5.6x). 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: Frontline (FRO) +48.8%, ZIM Integrated Shipping Services (ZIM) -24.9%, Okeanis Eco Tankers (ECO) +105.2%.

Which company is more profitable?

Okeanis Eco Tankers (ECO) has the highest net margin (Frontline (FRO) 54.8%, ZIM Integrated Shipping Services (ZIM) 2.2%, Okeanis Eco Tankers (ECO) 56.9%).

Which stock has performed better?

Over the past year Okeanis Eco Tankers (ECO) returned the most: Frontline (FRO) +129.1%, ZIM Integrated Shipping Services (ZIM) +100.0%, Okeanis Eco Tankers (ECO) +195.2%. Over five years, Frontline (FRO) compounded fastest (Frontline (FRO) +44.5%/yr, ZIM Integrated Shipping Services (ZIM) -10.4%/yr). Returns are price only, before dividends.

Which pays a higher dividend?

Okeanis Eco Tankers (ECO) has the highest dividend yield: Frontline (FRO) 6.43%, ZIM Integrated Shipping Services (ZIM) 4.01%, Okeanis Eco Tankers (ECO) 9.64%.

Which stock is riskier?

By one-year price volatility, Frontline (FRO) has been the steadiest (Frontline (FRO) 44.8%, ZIM Integrated Shipping Services (ZIM) 48.5%, Okeanis Eco Tankers (ECO) 46.4%). Volatility measures how widely the price swings, not the risk of the business.

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

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 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.