ECO WAVE POWER GLOBAL AB-ADR (WAVE) Stock Fundamental Analysis
USA - NASDAQ:WAVE - US27900N1037 - ADR
8.2 USD
+0.12 (+1.49%)
WAVE gets a fundamental rating of 3 out of 10. The analysis compared the fundamentals against 20 industry peers in the Independent Power and Renewable Electricity Producers industry. While WAVE seems to be doing ok healthwise, there are quite some concerns on its profitability. WAVE is quite expensive at the moment. It does show a decent growth rate.
1. Profitability
1.1 Basic Checks
In the past year WAVE has reported negative net income.
In the past year WAVE has reported a negative cash flow from operations.
In the past 5 years WAVE always reported negative net income.
WAVE had a negative operating cash flow in each of the past 5 years.
1.2 Ratios
WAVE has a worse Return On Assets (-19.44%) than 85.00% of its industry peers.
WAVE has a Return On Equity of -24.56%. This is in the lower half of the industry: WAVE underperforms 70.00% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -19.44% | ||
| ROE | -24.56% | ||
| ROIC | N/A |
ROA(3y)-20.29%
ROA(5y)-18.47%
ROE(3y)-25.15%
ROE(5y)-22.36%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
WAVE has a Gross Margin of 75.00%. This is amongst the best in the industry. WAVE outperforms 90.00% of its industry peers.
WAVE's Gross Margin has improved in the last couple of years.
WAVE does not have Profit Margin and Operating Margin available, so we won't be analyzing them here.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | N/A | ||
| PM (TTM) | N/A | ||
| GM | 75% |
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y79.8%
GM growth 5YN/A
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 a worse debt to assets ratio.
2.2 Solvency
An Altman-Z score of 10.87 indicates that WAVE is not in any danger for bankruptcy at the moment.
WAVE has a better Altman-Z score (10.87) than 100.00% of its industry peers.
WAVE has a Debt/Equity ratio of 0.02. This is a healthy value indicating a solid balance between debt and equity.
Looking at the Debt to Equity ratio, with a value of 0.02, WAVE belongs to the top of the industry, outperforming 95.00% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.02 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 10.87 |
ROIC/WACCN/A
WACC7.18%
2.3 Liquidity
WAVE has a Current Ratio of 4.22. This indicates that WAVE is financially healthy and has no problem in meeting its short term obligations.
WAVE has a better Current ratio (4.22) than 90.00% of its industry peers.
WAVE has a Quick Ratio of 4.22. This indicates that WAVE is financially healthy and has no problem in meeting its short term obligations.
Looking at the Quick ratio, with a value of 4.22, WAVE belongs to the top of the industry, outperforming 90.00% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 4.22 | ||
| Quick Ratio | 4.22 |
3. Growth
3.1 Past
WAVE shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -33.14%.
The Revenue for WAVE has decreased by -45.10% in the past year. This is quite bad
WAVE shows a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 75.65% yearly.
EPS 1Y (TTM)-33.14%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-18%
Revenue 1Y (TTM)-45.1%
Revenue growth 3Y75.65%
Revenue growth 5YN/A
Sales Q2Q%-39.78%
3.2 Future
Based on estimates for the next years, WAVE will show a very negative growth in Earnings Per Share. The EPS will decrease by -266.06% on average per year.
Based on estimates for the next years, WAVE will show a very strong growth in Revenue. The Revenue will grow by 409.90% on average per year.
EPS Next Y-900%
EPS Next 2Y-266.06%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year900%
Revenue Next 2Y409.9%
Revenue Next 3YN/A
Revenue Next 5YN/A
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 accelerating.
4. Valuation
4.1 Price/Earnings Ratio
WAVE reported negative earnings for the last year, which makes the Price/Earnings Ratio negative.
Besides the negative Price/Earnings Ratio, also the Forward Price/Earnings Ratio is negative for WAVE. No positive earnings are expected for the next year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | N/A |
4.2 Price Multiples
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | N/A |
4.3 Compensation for Growth
WAVE's earnings are expected to decrease with -266.06% in the coming years. This may justify a cheaper valuation.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y-266.06%
EPS Next 3YN/A
5. Dividend
5.1 Amount
WAVE does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
NASDAQ:WAVE (11/11/2025, 11:55:23 AM)
8.2
+0.12 (+1.49%)
Chartmill FA Rating
GICS SectorUtilities
GICS IndustryGroupUtilities
GICS IndustryIndependent Power and Renewable Electricity Producers
Earnings (Last)
Earnings (Next)
Inst Owners1.46%
Inst Owner Change-22.91%
Ins OwnersN/A
Ins Owner ChangeN/A
Market Cap47.84M
Revenue(TTM)168.00K
Net Income(TTM)-2.08M
Analysts82.5
Price Target15.05 (83.54%)
Short Float %0.31%
Short Ratio0.56
Dividend
| Industry Rank | Sector 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)-1.67%
PT rev (3m)-1.67%
EPS NQ rev (1m)0%
EPS NQ rev (3m)0%
EPS NY rev (1m)0%
EPS NY rev (3m)0%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0%
Revenue NY rev (1m)-28.57%
Revenue NY rev (3m)-28.57%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | N/A | ||
| P/S | 284.77 | ||
| P/FCF | N/A | ||
| P/OCF | N/A | ||
| P/B | 5.66 | ||
| P/tB | 5.66 | ||
| EV/EBITDA | N/A |
EPS(TTM)-0.35
EYN/A
EPS(NY)-0.51
Fwd EYN/A
FCF(TTM)-0.31
FCFYN/A
OCF(TTM)-0.31
OCFYN/A
SpS0.03
BVpS1.45
TBVpS1.45
PEG (NY)N/A
PEG (5Y)N/A
Graham NumberN/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -19.44% | ||
| ROE | -24.56% | ||
| ROCE | N/A | ||
| ROIC | N/A | ||
| ROICexc | N/A | ||
| ROICexgc | N/A | ||
| OM | N/A | ||
| PM (TTM) | N/A | ||
| GM | 75% | ||
| FCFM | N/A |
ROA(3y)-20.29%
ROA(5y)-18.47%
ROE(3y)-25.15%
ROE(5y)-22.36%
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 3Y79.8%
GM growth 5YN/A
F-Score2
Asset Turnover0.02
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.02 | ||
| Debt/FCF | N/A | ||
| Debt/EBITDA | N/A | ||
| Cap/Depr | N/A | ||
| Cap/Sales | N/A | ||
| Interest Coverage | N/A | ||
| Cash Conversion | N/A | ||
| Profit Quality | N/A | ||
| Current Ratio | 4.22 | ||
| Quick Ratio | 4.22 | ||
| Altman-Z | 10.87 |
F-Score2
WACC7.18%
ROIC/WACCN/A
Cap/Depr(3y)N/A
Cap/Depr(5y)N/A
Cap/Sales(3y)N/A
Cap/Sales(5y)N/A
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-33.14%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-18%
EPS Next Y-900%
EPS Next 2Y-266.06%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)-45.1%
Revenue growth 3Y75.65%
Revenue growth 5YN/A
Sales Q2Q%-39.78%
Revenue Next Year900%
Revenue Next 2Y409.9%
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1Y5.84%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next Year-27.77%
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y30.3%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y30.14%
OCF growth 3YN/A
OCF growth 5YN/A
ECO WAVE POWER GLOBAL AB-ADR / WAVE FAQ
What is the ChartMill fundamental rating of ECO WAVE POWER GLOBAL AB-ADR (WAVE) stock?
ChartMill assigns a fundamental rating of 3 / 10 to WAVE.
What is the valuation status for WAVE stock?
ChartMill assigns a valuation rating of 0 / 10 to ECO WAVE POWER GLOBAL AB-ADR (WAVE). This can be considered as Overvalued.
Can you provide the profitability details for ECO WAVE POWER GLOBAL AB-ADR?
ECO WAVE POWER GLOBAL AB-ADR (WAVE) has a profitability rating of 1 / 10.
How financially healthy is ECO WAVE POWER GLOBAL AB-ADR?
The financial health rating of ECO WAVE POWER GLOBAL AB-ADR (WAVE) is 6 / 10.