6.02 USD
+0.18 (+3.09%)
We assign a fundamental rating of 3 out of 10 to WAVE. WAVE was compared to 20 industry peers in the Independent Power and Renewable Electricity Producers industry. The financial health of WAVE is average, but there are quite some concerns on its profitability. WAVE is valied quite expensively at the moment, while 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.
WAVE had negative earnings in each of the past 5 years.
In the past 5 years WAVE always reported negative operating cash flow.
1.2 Ratios
WAVE's Return On Assets of -19.44% is on the low side compared to the rest of the industry. WAVE is outperformed by 85.00% of its industry peers.
WAVE's Return On Equity of -24.56% is on the low side compared to the rest of the industry. WAVE is outperformed by 80.00% 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's Gross Margin of 75.00% is amongst the best of the industry. WAVE outperforms 85.00% of its industry peers.
In the last couple of years the Gross Margin of WAVE has grown nicely.
The Profit Margin and Operating Margin are not available for WAVE so they could not be analyzed.
| 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 7.62 indicates that WAVE is not in any danger for bankruptcy at the moment.
WAVE's Altman-Z score of 7.62 is amongst the best of the industry. WAVE outperforms 100.00% of its industry peers.
A Debt/Equity ratio of 0.02 indicates that WAVE is not too dependend on debt financing.
WAVE has a better Debt to Equity ratio (0.02) than 95.00% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.02 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 7.62 |
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.
Looking at the Current ratio, with a value of 4.22, WAVE belongs to the top of the industry, outperforming 95.00% of the companies in the same industry.
A Quick Ratio of 4.22 indicates that WAVE has no problem at all paying its short term obligations.
WAVE has a better Quick ratio (4.22) than 95.00% of its industry peers.
| 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%.
Looking at the last year, WAVE shows a very negative growth in Revenue. The Revenue has decreased by -45.10% in the last year.
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
WAVE is expected to show a very negative growth in Earnings Per Share. In the coming years, the EPS will decrease by -297.49% yearly.
Based on estimates for the next years, WAVE will show a very strong growth in Revenue. The Revenue will grow by 287.30% on average per year.
EPS Next Y-1220%
EPS Next 2Y-297.49%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year200%
Revenue Next 2Y287.3%
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.
Also next year WAVE is expected to report negative earnings again, which makes the also the Forward Price/Earnings Ratio negative.
| 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
A cheap valuation may be justified as WAVE's earnings are expected to decrease with -297.49% in the coming years.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y-297.49%
EPS Next 3YN/A
5. Dividend
5.1 Amount
WAVE does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0% |
NASDAQ:WAVE (1/2/2026, 8:00:02 PM)
6.02
+0.18 (+3.09%)
Chartmill FA Rating
GICS SectorUtilities
GICS IndustryGroupUtilities
GICS IndustryIndependent Power and Renewable Electricity Producers
Earnings (Last)
Earnings (Next)
Inst Owners1.2%
Inst Owner Change0%
Ins OwnersN/A
Ins Owner ChangeN/A
Market Cap35.12M
Revenue(TTM)168.00K
Net Income(TTM)-2.08M
Analysts82.5
Price Target15.05 (150%)
Short Float %0.35%
Short Ratio0.99
Dividend
| Industry Rank | Sector 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)-1.67%
EPS NQ rev (1m)0%
EPS NQ rev (3m)0%
EPS NY rev (1m)0%
EPS NY rev (3m)-32%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-78.57%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | N/A | ||
| P/S | 209.07 | ||
| P/FCF | N/A | ||
| P/OCF | N/A | ||
| P/B | 4.15 | ||
| P/tB | 4.15 | ||
| EV/EBITDA | N/A |
EPS(TTM)-0.35
EYN/A
EPS(NY)-0.67
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 | 7.62 |
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-1220%
EPS Next 2Y-297.49%
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 Year200%
Revenue Next 2Y287.3%
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1Y5.84%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next Year-31.53%
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.
Can you provide the valuation status for ECO WAVE POWER GLOBAL AB-ADR?
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.
What is the financial health of ECO WAVE POWER GLOBAL AB-ADR (WAVE) stock?
The financial health rating of ECO WAVE POWER GLOBAL AB-ADR (WAVE) is 6 / 10.