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NASDAQ: WAVE
Eco Wave Power Global Ab Stock

$1.04+0.00 (+0%)
Updated Mar 28, 2024
WAVE Price
$1.04
Fair Value Price
$0.07
Market Cap
$5.77M
52 Week Low
$1.01
52 Week High
$3.33
P/E
-3.25x
P/B
0.73x
P/S
22.49x
PEG
N/A
Dividend Yield
N/A
Revenue
$306.00k
Earnings
-$1.71M
Gross Margin
80.7%
Operating Margin
-540.85%
Profit Margin
-558.8%
Debt to Equity
0.28
Operating Cash Flow
-$3M
Beta
0.41
Next Earnings
N/A
Ex-Dividend
N/A
Next Dividend
N/A

WAVE Overview

Eco Wave Power Global AB (publ) develops a wave-energy-conversion (WEC) technology that converts ocean and sea waves into clean electricity. It also operates a grid-connected wave energy array in Gibraltar under a power purchase agreement with the Government of Gibraltar and Gibraltar's National Electric Company. In addition to Gibraltar, Eco Wave Power Global operates in Sweden, Israel, Portugal, China, Australia, and Mexico. It has power purchase agreements, concession agreements, and other agreements totalling 262.7 megawatts. The company was founded in 2011 and is headquartered in Tel Aviv-Yafo, Israel.

Zen Score

–
Industry Average (30)
You've viewed Zen Score for 10/10 free stocks. Upgrade to Premium to see how WAVE scored across 33 valuation, financial, forecast, performance, and dividend due diligence checks.

Due Diligence Checks

WAVE ($1.04) is overvalued by 1,431.1% relative to our estimate of its Fair Value price of $0.07 based on Discounted Cash Flow (DCF) modelling
Below Fair Value Valuation
WAVE ($1.04) is not significantly undervalued (1,431.1%) relative to our estimate of its Fair Value price of $0.07 based on Discounted Cash Flow (DCF) modelling, when including a healthy margin of safety
Significantly Below Fair Value Valuation
WAVE is unprofitable, so we... subscribe to Premium to read more.
Below Benjamin Graham Formula Value Valuation
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WAVE News

Valuation

WAVE fair value

Fair Value of WAVE stock based on Discounted Cash Flow (DCF)
Price
$1.04
Fair Value
$0.07
Overvalued by
1,431.10%
WAVE ($1.04) is overvalued by... subscribe to Premium to read more.
Below Fair Value Valuation
WAVE ($1.04) is not significantly... subscribe to Premium to read more.
Significantly Below Fair Value Valuation
WAVE is unprofitable, so we... subscribe to Premium to read more.
Below Benjamin Graham Formula Value Valuation

WAVE price to earnings (PE)

For valuing profitable companies with steady earnings
Company
-3.25x
Industry
30.25x
Market
44.51x

WAVE price to book (PB)

For valuing companies that are loss-making or have lots of physical asset
Company
0.73x
Industry
2.61x
WAVE is good value based... subscribe to Premium to read more.
P/B vs Industry Valuation

WAVE's financial health

Profit margin

Revenue
$279.0k
Net Income
-$658.0k
Profit Margin
-235.8%
WAVE's cash burn is expected... subscribe to Premium to read more.
Interest Coverage Financials
WAVE's profit margin has increased... subscribe to Premium to read more.
Profit Margin Growth Financials

Assets to liabilities

Assets
$10.0M
Liabilities
$2.2M
Debt to equity
0.28
WAVE's short-term assets ($8.76M) exceed... subscribe to Premium to read more.
Short-term Liabilities Financials
WAVE's short-term assets ($8.76M) exceed... subscribe to Premium to read more.
Long-term Liabilities Financials
WAVE's debt to equity ratio... subscribe to Premium to read more.
Healthy Debt to Equity Financials

Cash flow

Operating
N/A
Investing
N/A
Financing
N/A
WAVE's cash and short-term investments... subscribe to Premium to read more.
Debt Coverage Financials

WAVE vs Renewable Energy Stocks

TickerMarket Cap1d %P/EP/B
WAVE$5.77M+0.10%-3.25x0.73x
BNRG$4.30M-14.89%-0.40x1.49x
CREG$9.87M+9.73%-2.38x0.09x
ADN$11.26M-2.70%-0.10x0.35x
HTOO$24.56M-0.59%-0.63x1.25x

Eco Wave Power Global Ab Stock FAQ

What is Eco Wave Power Global Ab's quote symbol?

(NASDAQ: WAVE) Eco Wave Power Global Ab trades on the NASDAQ under the ticker symbol WAVE. Eco Wave Power Global Ab stock quotes can also be displayed as NASDAQ: WAVE.

If you're new to stock investing, here's how to buy Eco Wave Power Global Ab stock.

What is the 52 week high and low for Eco Wave Power Global Ab (NASDAQ: WAVE)?

(NASDAQ: WAVE) Eco Wave Power Global Ab's 52-week high was $3.33, and its 52-week low was $1.01. It is currently -68.77% from its 52-week high and 2.97% from its 52-week low.

How much is Eco Wave Power Global Ab stock worth today?

(NASDAQ: WAVE) Eco Wave Power Global Ab currently has 44,394,844 outstanding shares. With Eco Wave Power Global Ab stock trading at $1.04 per share, the total value of Eco Wave Power Global Ab stock (market capitalization) is $5.77M.

Eco Wave Power Global Ab stock was originally listed at a price of $10.85 in Jul 1, 2021. If you had invested in Eco Wave Power Global Ab stock at $10.85, your return over the last 2 years would have been -90.41%, for an annualized return of -69.04% (not including any dividends or dividend reinvestments).

How much is Eco Wave Power Global Ab's stock price per share?

(NASDAQ: WAVE) Eco Wave Power Global Ab stock price per share is $1.04 today (as of Mar 28, 2024).

What is Eco Wave Power Global Ab's Market Cap?

(NASDAQ: WAVE) Eco Wave Power Global Ab's market cap is $5.77M, as of Mar 29, 2024.

Market cap (market capitalization) is the total market value of a publicly traded company's outstanding shares.

Eco Wave Power Global Ab's market cap is calculated by multiplying WAVE's current stock price of $1.04 by WAVE's total outstanding shares of 44,394,844.
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