ENWAVE CORP (ENW.CA) Fundamental Analysis & Valuation

TSX-V:ENW • CA29410K1084

0.305 CAD
+0.01 (+1.67%)
Last: Mar 6, 2026, 07:00 PM

This ENW.CA fundamental analysis includes valuation metrics, fair value assessment, financial health analysis, profitability trends, growth metrics and dividend sustainability analysis.

Fundamental Rating

3

Overall ENW gets a fundamental rating of 3 out of 10. We evaluated ENW against 22 industry peers in the Machinery industry. ENW scores quite bad on profitability, while its financial health is fine. Not spectacular, but in line with the averages. ENW is valued expensive and it does not seem to be growing.


Dividend Valuation Growth Profitability Health

2

1. ENW.CA Profitability Analysis

1.1 Basic Checks

  • ENW had negative earnings in the past year.
  • In the past year ENW has reported a negative cash flow from operations.
  • ENW had negative earnings in each of the past 5 years.
  • The reported operating cash flow has been mixed in the past 5 years: ENW reported negative operating cash flow in multiple years.
ENW.CA Yearly Net Income VS EBIT VS OCF VS FCFENW.CA Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 2M -2M 4M -4M -6M

1.2 Ratios

  • The Return On Assets of ENW (-2.25%) is comparable to the rest of the industry.
  • Looking at the Return On Equity, with a value of -3.49%, ENW is in line with its industry, outperforming 45.45% of the companies in the same industry.
Industry RankSector Rank
ROA -2.25%
ROE -3.49%
ROIC N/A
ROA(3y)-20.37%
ROA(5y)-20.28%
ROE(3y)-28.42%
ROE(5y)-28.5%
ROIC(3y)N/A
ROIC(5y)N/A
ENW.CA Yearly ROA, ROE, ROICENW.CA Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 -10 -20 -30 -40 -50

1.3 Margins

  • Looking at the Gross Margin, with a value of 33.52%, ENW is in the better half of the industry, outperforming 68.18% of the companies in the same industry.
  • ENW's Gross Margin has improved in the last couple of years.
  • ENW does not have Profit Margin and Operating Margin available, so we won't be analyzing them here.
Industry RankSector Rank
OM N/A
PM (TTM) N/A
GM 33.52%
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y8.1%
GM growth 5Y4.48%
ENW.CA Yearly Profit, Operating, Gross MarginsENW.CA Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 20 -20 -40

4

2. ENW.CA Health Analysis

2.1 Basic Checks

  • ENW does not have a ROIC to compare to the WACC, probably because it is not profitable.
  • Compared to 1 year ago, ENW has more shares outstanding
  • The number of shares outstanding for ENW has been increased compared to 5 years ago.
  • The debt/assets ratio for ENW is higher compared to a year ago.
ENW.CA Yearly Shares OutstandingENW.CA Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 20M 40M 60M 80M 100M
ENW.CA Yearly Total Debt VS Total AssetsENW.CA Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 10M 20M 30M 40M

2.2 Solvency

  • ENW has an Altman-Z score of -1.95. This is a bad value and indicates that ENW is not financially healthy and even has some risk of bankruptcy.
  • ENW has a Altman-Z score of -1.95. This is in the lower half of the industry: ENW underperforms 72.73% of its industry peers.
  • A Debt/Equity ratio of 0.22 indicates that ENW is not too dependend on debt financing.
  • With a decent Debt to Equity ratio value of 0.22, ENW is doing good in the industry, outperforming 68.18% of the companies in the same industry.
Industry RankSector Rank
Debt/Equity 0.22
Debt/FCF N/A
Altman-Z -1.95
ROIC/WACCN/A
WACC8.53%
ENW.CA Yearly LT Debt VS Equity VS FCFENW.CA Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 10M 20M 30M

2.3 Liquidity

  • ENW has a Current Ratio of 3.26. This indicates that ENW is financially healthy and has no problem in meeting its short term obligations.
  • The Current ratio of ENW (3.26) is better than 90.91% of its industry peers.
  • A Quick Ratio of 2.93 indicates that ENW has no problem at all paying its short term obligations.
  • The Quick ratio of ENW (2.93) is better than 90.91% of its industry peers.
Industry RankSector Rank
Current Ratio 3.26
Quick Ratio 2.93
ENW.CA Yearly Current Assets VS Current LiabilitesENW.CA Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 10M 20M 30M

3

3. ENW.CA Growth Analysis

3.1 Past

  • The Earnings Per Share has grown by an impressive 28.00% over the past year.
  • The Revenue for ENW has decreased by -19.48% in the past year. This is quite bad
  • ENW shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 12.13% yearly.
EPS 1Y (TTM)28%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%N/A
Revenue 1Y (TTM)-19.48%
Revenue growth 3Y5.07%
Revenue growth 5Y12.13%
Sales Q2Q%35.94%

3.2 Future

  • Based on estimates for the next years, ENW will show a quite strong growth in Earnings Per Share. The EPS will grow by 14.87% on average per year.
  • The Revenue is expected to decrease by -12.70% on average over the next years. This is quite bad
EPS Next Y-43.06%
EPS Next 2Y30.92%
EPS Next 3Y41.92%
EPS Next 5Y14.87%
Revenue Next Year-11.76%
Revenue Next 2Y17.3%
Revenue Next 3Y21.53%
Revenue Next 5Y-12.7%

3.3 Evolution

  • When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
ENW.CA Yearly Revenue VS EstimatesENW.CA Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 10M 20M 30M 40M 50M
ENW.CA Yearly EPS VS EstimatesENW.CA Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2017 2018 2019 2020 2021 2022 2023 2024 2025 2027 0 0.02 -0.02 -0.04

1

4. ENW.CA Valuation Analysis

4.1 Price/Earnings Ratio

  • The Price/Earnings Ratio is negative for ENW. In the last year negative earnings were reported.
  • Besides the negative Price/Earnings Ratio, also the Forward Price/Earnings Ratio is negative for ENW. No positive earnings are expected for the next year.
Industry RankSector Rank
PE N/A
Fwd PE N/A
ENW.CA Price Earnings VS Forward Price EarningsENW.CA Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 0 20 -20 40

4.2 Price Multiples

Industry RankSector Rank
P/FCF N/A
EV/EBITDA N/A
ENW.CA Per share dataENW.CA EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 0 0.05 0.1

4.3 Compensation for Growth

  • ENW's earnings are expected to grow with 41.92% in the coming years. This may justify a more expensive valuation.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y30.92%
EPS Next 3Y41.92%

0

5. ENW.CA Dividend Analysis

5.1 Amount

  • No dividends for ENW!.
Industry RankSector Rank
Dividend Yield 0%

ENW.CA Fundamentals: All Metrics, Ratios and Statistics

ENWAVE CORP

TSX-V:ENW (3/6/2026, 7:00:00 PM)

0.305

+0.01 (+1.67%)

Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryMachinery
Earnings (Last)02-18
Earnings (Next)05-19
Inst OwnersN/A
Inst Owner ChangeN/A
Ins Owners2.41%
Ins Owner ChangeN/A
Market Cap36.21M
Revenue(TTM)26.48M
Net Income(TTM)-418.00K
Analysts86.67
Price Target0.82 (168.85%)
Short Float %N/A
Short RatioN/A
Dividend
Industry RankSector Rank
Dividend Yield 0%
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)0%
PT rev (3m)0%
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)-54.31%
Revenue NQ rev (3m)-54.31%
Revenue NY rev (1m)-16.67%
Revenue NY rev (3m)-15.2%
Valuation
Industry RankSector Rank
PE N/A
Fwd PE N/A
P/S 2.62
P/FCF N/A
P/OCF N/A
P/B 3.02
P/tB 3.02
EV/EBITDA N/A
EPS(TTM)-0.04
EYN/A
EPS(NY)-0.01
Fwd EYN/A
FCF(TTM)-0.01
FCFYN/A
OCF(TTM)0
OCFYN/A
SpS0.12
BVpS0.1
TBVpS0.1
PEG (NY)N/A
PEG (5Y)N/A
Graham NumberN/A
Profitability
Industry RankSector Rank
ROA -2.25%
ROE -3.49%
ROCE N/A
ROIC N/A
ROICexc N/A
ROICexgc N/A
OM N/A
PM (TTM) N/A
GM 33.52%
FCFM N/A
ROA(3y)-20.37%
ROA(5y)-20.28%
ROE(3y)-28.42%
ROE(5y)-28.5%
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
ROICexgc growth 3YN/A
ROICexgc 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 3Y8.1%
GM growth 5Y4.48%
F-Score3
Asset Turnover0.75
Health
Industry RankSector Rank
Debt/Equity 0.22
Debt/FCF N/A
Debt/EBITDA N/A
Cap/Depr 8.82%
Cap/Sales 0.8%
Interest Coverage N/A
Cash Conversion N/A
Profit Quality N/A
Current Ratio 3.26
Quick Ratio 2.93
Altman-Z -1.95
F-Score3
WACC8.53%
ROIC/WACCN/A
Cap/Depr(3y)10.58%
Cap/Depr(5y)43.92%
Cap/Sales(3y)1.29%
Cap/Sales(5y)4.61%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)28%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%N/A
EPS Next Y-43.06%
EPS Next 2Y30.92%
EPS Next 3Y41.92%
EPS Next 5Y14.87%
Revenue 1Y (TTM)-19.48%
Revenue growth 3Y5.07%
Revenue growth 5Y12.13%
Sales Q2Q%35.94%
Revenue Next Year-11.76%
Revenue Next 2Y17.3%
Revenue Next 3Y21.53%
Revenue Next 5Y-12.7%
EBIT growth 1Y53.81%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next Year103.8%
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y-155.96%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y-139.13%
OCF growth 3YN/A
OCF growth 5YN/A

ENWAVE CORP / ENW.CA FAQ

Can you provide the ChartMill fundamental rating for ENWAVE CORP?

ChartMill assigns a fundamental rating of 3 / 10 to ENW.CA.


What is the valuation status for ENW stock?

ChartMill assigns a valuation rating of 1 / 10 to ENWAVE CORP (ENW.CA). This can be considered as Overvalued.


What is the profitability of ENW stock?

ENWAVE CORP (ENW.CA) has a profitability rating of 2 / 10.


What is the expected EPS growth for ENWAVE CORP (ENW.CA) stock?

The Earnings per Share (EPS) of ENWAVE CORP (ENW.CA) is expected to decline by -43.06% in the next year.