Logo image of WAVE

ECO WAVE POWER GLOBAL AB-ADR (WAVE) Stock Fundamental Analysis

NASDAQ:WAVE - Nasdaq - US27900N1037 - ADR

9.8  -0.7 (-6.67%)

Fundamental Rating

3

Overall WAVE gets a fundamental rating of 3 out of 10. We evaluated WAVE against 21 industry peers in the Independent Power and Renewable Electricity Producers industry. No worries on liquidiy or solvency for WAVE as it has an excellent financial health rating, but there are worries on the profitability. WAVE has a expensive valuation and it also scores bad on growth.


Dividend Valuation Growth Profitability Health

Quickly go to:

1

1. Profitability

1.1 Basic Checks

WAVE had negative earnings in the past year.
WAVE had a negative operating cash flow in the past year.
WAVE had negative earnings in each of the past 5 years.
WAVE had a negative operating cash flow in each of the past 5 years.
WAVE Yearly Net Income VS EBIT VS OCF VS FCFWAVE Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2017 2018 2019 2020 2021 2022 2023 -5M -10M -15M -20M

1.2 Ratios

WAVE's Return On Assets of -17.08% is on the low side compared to the rest of the industry. WAVE is outperformed by 85.00% of its industry peers.
WAVE has a worse Return On Equity (-21.51%) than 70.00% of its industry peers.
Industry RankSector Rank
ROA -17.08%
ROE -21.51%
ROIC N/A
ROA(3y)-18.51%
ROA(5y)-17.56%
ROE(3y)-22.27%
ROE(5y)-21.01%
ROIC(3y)N/A
ROIC(5y)N/A
WAVE Yearly ROA, ROE, ROICWAVE Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2017 2018 2019 2020 2021 2022 2023 0 50 -50 100 150

1.3 Margins

WAVE has a better Gross Margin (80.72%) than 90.00% of its industry peers.
The Profit Margin and Operating Margin are not available for WAVE so they could not be analyzed.
Industry RankSector Rank
OM N/A
PM (TTM) N/A
GM 80.72%
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3YN/A
GM growth 5YN/A
WAVE Yearly Profit, Operating, Gross MarginsWAVE Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2017 2018 2019 2020 2021 2022 2023 0 -2K -4K -6K -8K -10K

More info and screens

7

2. Health

2.1 Basic Checks

WAVE does not have a ROIC to compare to the WACC, probably because it is not profitable.
Compared to 1 year ago, WAVE has about the same amount of shares outstanding.
Compared to 5 years ago, WAVE has more shares outstanding
Compared to 1 year ago, WAVE has an improved debt to assets ratio.
WAVE Yearly Shares OutstandingWAVE Yearly Shares OutstandingYearly Shares Outstanding 2017 2018 2019 2020 2021 2022 2023 1M 2M 3M 4M 5M
WAVE Yearly Total Debt VS Total AssetsWAVE Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2017 2018 2019 2020 2021 2022 2023 20M 40M 60M 80M 100M

2.2 Solvency

An Altman-Z score of 16.06 indicates that WAVE is not in any danger for bankruptcy at the moment.
With an excellent Altman-Z score value of 16.06, WAVE belongs to the best of the industry, outperforming 100.00% of the companies in the same industry.
WAVE has a Debt/Equity ratio of 0.01. This is a healthy value indicating a solid balance between debt and equity.
WAVE has a Debt to Equity ratio of 0.01. This is amongst the best in the industry. WAVE outperforms 100.00% of its industry peers.
Industry RankSector Rank
Debt/Equity 0.01
Debt/FCF N/A
Altman-Z 16.06
ROIC/WACCN/A
WACC6.73%
WAVE Yearly LT Debt VS Equity VS FCFWAVE Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2017 2018 2019 2020 2021 2022 2023 0 20M -20M 40M 60M 80M 100M

2.3 Liquidity

WAVE has a Current Ratio of 4.11. This indicates that WAVE is financially healthy and has no problem in meeting its short term obligations.
WAVE has a Current ratio of 4.11. This is amongst the best in the industry. WAVE outperforms 100.00% of its industry peers.
A Quick Ratio of 4.11 indicates that WAVE has no problem at all paying its short term obligations.
The Quick ratio of WAVE (4.11) is better than 100.00% of its industry peers.
Industry RankSector Rank
Current Ratio 4.11
Quick Ratio 4.11
WAVE Yearly Current Assets VS Current LiabilitesWAVE Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2017 2018 2019 2020 2021 2022 2023 20M 40M 60M 80M 100M

More info and screens

1

3. Growth

3.1 Past

The Earnings Per Share has grown by an impressive 41.06% over the past year.
The Revenue has grown by 1076.92% in the past year. This is a very strong growth!
EPS 1Y (TTM)41.06%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%26.08%
Revenue 1Y (TTM)1076.92%
Revenue growth 3YN/A
Revenue growth 5YN/A
Sales Q2Q%N/A

3.2 Future

No EPS estimates are available, so we could not analyze the future EPS growth and evolution.
No Revenue estimates are available, so we could not analyze the future revenue growth and evolution.
EPS Next YN/A
EPS Next 2YN/A
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next YearN/A
Revenue Next 2YN/A
Revenue Next 3YN/A
Revenue Next 5YN/A

3.3 Evolution

No EPS estimates are available, so we could not analyze the future EPS growth and evolution.
No Revenue estimates are available, so we could not analyze the future revenue growth and evolution.
WAVE Yearly Revenue VS EstimatesWAVE Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2017 2018 2019 2020 2021 2022 2023 100K 200K 300K
WAVE Yearly EPS VS EstimatesWAVE Yearly EPS VS EstimatesYearly EPS VS Estimates 2017 2018 2019 2020 2021 2022 2023

More info and screens

0

4. Valuation

4.1 Price/Earnings Ratio

The Price/Earnings Ratio is negative for WAVE. In the last year negative earnings were reported.
Industry RankSector Rank
PE N/A
Fwd PE N/A
WAVE Price Earnings VS Forward Price EarningsWAVE Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 0 0 0 0 0 0 0 0 0 0 0

4.2 Price Multiples

Industry RankSector Rank
P/FCF N/A
EV/EBITDA N/A
WAVE Per share dataWAVE EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 0 0.5 1

4.3 Compensation for Growth

PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2YN/A
EPS Next 3YN/A

More info and screens

0

5. Dividend

5.1 Amount

WAVE does not give a dividend.
Industry RankSector Rank
Dividend Yield N/A

More info and screens

ECO WAVE POWER GLOBAL AB-ADR

NASDAQ:WAVE (1/22/2025, 12:56:46 PM)

9.8

-0.7 (-6.67%)

Chartmill FA Rating
GICS SectorUtilities
GICS IndustryGroupUtilities
GICS IndustryIndependent Power and Renewable Electricity Producers
Earnings (Last)03-01 2022-03-01/bmo
Earnings (Next)N/A N/A
Inst Owners1.28%
Inst Owner Change57.88%
Ins OwnersN/A
Ins Owner ChangeN/A
Market Cap57.18M
Analysts0
Price TargetN/A
Short Float %1.51%
Short Ratio0.79
Dividend
Industry RankSector Rank
Dividend Yield N/A
Yearly DividendN/A
Dividend Growth(5Y)N/A
DPN/A
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)N/A
Avg EPS beat(2)N/A
Min EPS beat(2)N/A
Max EPS beat(2)N/A
EPS beat(4)N/A
Avg EPS beat(4)N/A
Min EPS beat(4)N/A
Max EPS beat(4)N/A
EPS beat(8)N/A
Avg EPS beat(8)N/A
EPS beat(12)N/A
Avg EPS beat(12)N/A
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)N/A
Avg Revenue beat(2)N/A
Min Revenue beat(2)N/A
Max Revenue beat(2)N/A
Revenue beat(4)N/A
Avg Revenue beat(4)N/A
Min Revenue beat(4)N/A
Max Revenue beat(4)N/A
Revenue beat(8)N/A
Avg Revenue beat(8)N/A
Revenue beat(12)N/A
Avg Revenue beat(12)N/A
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)N/A
PT rev (3m)N/A
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)N/A
EPS NY rev (3m)N/A
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)N/A
Revenue NY rev (3m)N/A
Valuation
Industry RankSector Rank
PE N/A
Fwd PE N/A
P/S 186.85
P/FCF N/A
P/OCF N/A
P/B 7.19
P/tB 7.19
EV/EBITDA N/A
EPS(TTM)-0.29
EYN/A
EPS(NY)N/A
Fwd EYN/A
FCF(TTM)-0.45
FCFYN/A
OCF(TTM)-0.45
OCFYN/A
SpS0.05
BVpS1.36
TBVpS1.36
PEG (NY)N/A
PEG (5Y)N/A
Profitability
Industry RankSector Rank
ROA -17.08%
ROE -21.51%
ROCE N/A
ROIC N/A
ROICexc N/A
ROICexgc N/A
OM N/A
PM (TTM) N/A
GM 80.72%
FCFM N/A
ROA(3y)-18.51%
ROA(5y)-17.56%
ROE(3y)-22.27%
ROE(5y)-21.01%
ROIC(3y)N/A
ROIC(5y)N/A
ROICexc(3y)N/A
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)N/A
ROCE(5y)N/A
ROICexcg growth 3YN/A
ROICexcg growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5YN/A
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3YN/A
GM growth 5YN/A
F-Score4
Asset Turnover0.03
Health
Industry RankSector Rank
Debt/Equity 0.01
Debt/FCF N/A
Debt/EBITDA N/A
Cap/Depr 3.53%
Cap/Sales 1.96%
Interest Coverage N/A
Cash Conversion N/A
Profit Quality N/A
Current Ratio 4.11
Quick Ratio 4.11
Altman-Z 16.06
F-Score4
WACC6.73%
ROIC/WACCN/A
Cap/Depr(3y)3.4%
Cap/Depr(5y)111.09%
Cap/Sales(3y)18.48%
Cap/Sales(5y)N/A
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)41.06%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%26.08%
EPS Next YN/A
EPS Next 2YN/A
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)1076.92%
Revenue growth 3YN/A
Revenue growth 5YN/A
Sales Q2Q%N/A
Revenue Next YearN/A
Revenue Next 2YN/A
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1Y33.1%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next YearN/A
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y-5.76%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y-5.65%
OCF growth 3YN/A
OCF growth 5YN/A