Okeanis Eco Tankers Corp (ECO) is undervalued and Matson Inc (MATX) is fairly valued.
Against our estimates of intrinsic value, ECO trades at the wider discount: a margin of safety of +52%, against -3% for MATX.
Values as of the 22 Sept 2026 close.
Discounting its cash flows at 9.6% (average of 3 methods) values the shares at $162.27; the price of $77.54 is 52% below that value, and 74% of that value comes from beyond year five.
Leak Score 100/100 on 3 of 12 signals
Discounting its cash flows at 10.8% (average of 3 methods) values the shares at $221.12; the price of $226.78 is 3% above that value, and 70% of that value comes from beyond year five.
Leak Score 59/100 on 3 of 12 signals
| Metric | ECO | MATX |
|---|---|---|
| Verdict | Undervalued | Fairly valued |
| Price | $77.54 | $226.78 |
| Intrinsic value | $162.27 | $221.12 |
| Margin of safety | +52% | -3% |
| Leak Score | 100/100 (3/12) | 59/100 (3/12) |
| Market cap | $3.0B | $6.8B |
| Revenue growth, 5 years | 6.7% | 7.0% |
| Operating margin | 62.3% | 14.4% |
| Net margin | 56.9% | 13.4% |
| Return on equity | 61.6% | 17.2% |
| Debt to equity | 0.82 | 0.12 |
| P/E | 7.2x | 15.2x |
| Forward P/E | 8.9x | 13.5x |
| P/B | 3.5x | 2.5x |
| Dividend yield | 20.3% | 0.6% |