Eco Wave Power Global AB (publ) Logo

Eco Wave Power Global AB (publ)

ECOWVE.ST

(0.8)
Stock Price

4,30 SEK

-14.42% ROA

-4.65% ROE

-6.91x PER

Market Cap.

0,00 SEK

9.22% DER

0% Yield

-7741.94% NPM

Eco Wave Power Global AB (publ) Stock Analysis

Eco Wave Power Global AB (publ) Fundamental Analysis

Fundamental analysis in stock investing is like studying the foundation of a house before buying it. It involves looking at a company's financial health, like its earnings, assets, and debts, to determine if it's a good investment based on its fundamental strength and potential for growth.

Eco Wave Power Global AB (publ) Fundamental Stock Analysis
# Analysis Rating
1 DER

The stock has a minimal amount of debt (9%) relative to its ownership, showcasing a strong financial position and lower risk for investors.

2 PBV

The stock's PBV ratio (1.11x) indicates a justifiable valuation, presenting a compelling choice for investors seeking reasonable returns.

3 ROE

The stock's ROE indicates a negative return (-4.65%) on shareholders' equity, suggesting poor financial performance.

4 ROA

The stock's ROA (-14.42%) suggests that it's struggling to generate profits from its assets, making it a risky choice for investment.

5 Revenue Growth

Company has experienced no growth in revenue over the past three years, suggesting limited profitability and making it a less desirable investment opportunity.

6 Net Profit Growth

This company's net profit has remained flat over the past five years, suggesting a lack of growth and making it a less attractive investment opportunity.

7 Assets Growth

Company's revenue has remained stagnant over the past three years, indicating a lack of growth and making it a less favorable option.

8 Graham Number

The company's Graham number indicates that it is overvalued compared to its stock price, suggesting a potentially unfavorable investment opportunity.

9 Dividend Growth

The company's dividend growth has been flat for the past three years, raising concerns for potential investors seeking reliable returns.

10 Dividend

The company has not distributed any dividends in the past three years, which may raise concerns for investors looking for regular income from their investments.

11 Buffet Intrinsic Value

Warren Buffett's formula suggests that the company's stock is overpriced (0), presenting a possible disadvantage for investors as its market price surpasses its estimated intrinsic value.

Eco Wave Power Global AB (publ) Technical Analysis

Technical analysis in stock investing is like reading the patterns on a weather map to predict future weather conditions. It involves studying past stock price movements and trading volumes to make predictions about where a stock's price might go next, without necessarily looking at the company's financial health.

Eco Wave Power Global AB (publ) Technical Stock Analysis
# Analysis Recommendation

Eco Wave Power Global AB (publ) Price Chart

Financial Statements

Financial statements are like report cards for companies. They show how much money a company makes (income statement), what it owns and owes (balance sheet), and where it spends its money (cash flow statement), helping stock investors understand if a company is healthy and worth investing in.

Income Statements

An income statement for a company is like a scoreboard for its profits and losses. It shows how much money the company made (revenue) and how much it spent to make that money (expenses), helping stock investors see if a company is making a profit or not.

Revenue in stock investing is the total amount of money a company earns from its sales, and it's a key factor that investors consider to assess a company's financial performance and growth potential.

Eco Wave Power Global AB (publ) Revenue
Year Revenue Growth
2017 0
2018 0 0%
2019 0 0%
2020 0 0%
2021 31.000 100%
2022 104.000 70.19%

Research and Development Expenses are the costs a company incurs to create and improve its products or services, which can be important for investors to evaluate a company's innovation and potential for future growth.

Eco Wave Power Global AB (publ) Research and Development Expenses
Year Research and Development Expenses Growth
2017 0
2018 0 0%
2019 0 0%
2020 3.365.000 100%
2021 0 0%
2022 776.000 100%

General and Administrative Expenses are the costs a company incurs to run its day-to-day operations, such as office rent, salaries, and utilities, which investors consider to understand a company's overall efficiency and management effectiveness.

Eco Wave Power Global AB (publ) General and Administrative Expenses
Year General and Administrative Expenses Growth
2017 4.804.470
2018 4.598.498 -4.48%
2019 9.967.000 53.86%
2020 11.876.000 16.07%
2021 2.670.000 -344.79%
2022 2.144.000 -24.53%

EBITDA stands for Earnings Before Interest, Taxes, Depreciation, and Amortization. It is a measure that helps stock investors analyze a company's profitability by looking at its earnings without considering certain expenses. This helps to get a clearer picture of the company's financial performance and its ability to generate cash flow.

Eco Wave Power Global AB (publ) EBITDA
Year EBITDA Growth
2017 -7.210.221
2018 -7.458.090 3.32%
2019 -16.814.000 55.64%
2020 -16.407.000 -2.48%
2021 -2.046.000 -701.91%
2022 -1.952.000 -4.82%

Gross profit is the money a company makes from selling its products or services after subtracting the cost of producing or providing them, and it is an important measure for investors to understand a company's profitability.

Eco Wave Power Global AB (publ) Gross Profit
Year Gross Profit Growth
2017 -3.434.638
2018 -2.870.151 -19.67%
2019 -3.768.000 23.83%
2020 0 0%
2021 4.000 100%
2022 16.000 75%

Net income in stock investing is like the money a company actually gets to keep as profit after paying all its bills, and it's an important measure to understand how well a company is doing financially.

Eco Wave Power Global AB (publ) Net Profit
Year Net Profit Growth
2017 -7.885.629
2018 -7.665.946 -2.87%
2019 -17.789.000 56.91%
2020 -18.053.000 1.46%
2021 -2.400.000 -652.21%
2022 -3.584.000 33.04%

EPS, or earnings per share, is a measure that shows how much profit a company has earned for each outstanding share of its stock, and it is important for stock investors as it helps understand the profitability of a company and compare it with other companies in the market.

Eco Wave Power Global AB (publ) Earning per Share (EPS)
Year Earning per Share (EPS) Growth
2017 0
2018 0 0%
2019 -1 0%
2020 -1 0%
2021 0 0%
2022 0 0%

Cashflow Statements

Cashflow statements show the movement of money in and out of a company, helping stock investors understand how much money a company makes and spends. By examining cashflow statements, investors can assess if a company is generating enough cash to pay its bills, invest in growth, and provide returns to stockholders.

Free cash flow is the leftover cash that a company generates after covering its operating expenses and capital expenditures, which is important for stock investors as it shows how much money a company has available to invest in growth, pay dividends, or reduce debt.

Eco Wave Power Global AB (publ) Free Cashflow
Year Free Cashflow Growth
2017 -9.618.378
2018 -8.665.732 -10.99%
2019 -14.550.000 40.44%
2020 -20.988.000 30.67%
2021 -2.543.000 -725.32%
2022 -552.000 -360.69%

Operating cash flow represents the cash generated or consumed by a company's day-to-day operations, excluding external investing or financing activities, and is crucial for stock investors as it shows how much cash a company is generating from its core business operations.

Eco Wave Power Global AB (publ) Operating Cashflow
Year Operating Cashflow Growth
2017 -8.991.704
2018 -7.917.409 -13.57%
2019 -13.072.000 39.43%
2020 -19.362.000 32.49%
2021 -2.530.000 -665.3%
2022 -551.000 -359.17%

Capex, short for capital expenditures, refers to the money a company spends on acquiring or upgrading tangible assets like buildings, equipment, or technology, which is important for stock investors as it indicates how much a company is investing in its infrastructure to support future growth and profitability.

Eco Wave Power Global AB (publ) Capital Expenditure
Year Capital Expenditure Growth
2017 626.674
2018 748.323 16.26%
2019 1.478.000 49.37%
2020 1.626.000 9.1%
2021 13.000 -12407.69%
2022 1.000 -1200%

Balance Sheet

Balance sheets provide a snapshot of a company's financial health and its assets (such as cash, inventory, and property) and liabilities (like debts and obligations) at a specific point in time. For stock investors, balance sheets help assess the company's overall worth and evaluate its ability to meet financial obligations and support future growth.

Equity refers to the ownership interest or stake that shareholders have in a company, representing their claim on its assets and earnings after all debts and liabilities are paid.

Eco Wave Power Global AB (publ) Equity
Year Equity Growth
2017 -5.008.837
2018 -6.802.626 26.37%
2019 101.581.000 106.7%
2020 88.398.000 -14.91%
2021 14.733.000 -500%
2022 13.629.000 -8.1%

Assets represent the valuable resources that a company owns, such as cash, inventory, property, and equipment, and understanding a company's assets helps investors assess its value and potential for generating future profits.

Eco Wave Power Global AB (publ) Assets
Year Assets Growth
2017 9.158.591
2018 7.849.710 -16.67%
2019 126.484.000 93.79%
2020 103.978.000 -21.64%
2021 16.647.000 -524.61%
2022 15.645.000 -6.4%

Liabilities refer to the financial obligations or debts that a company owes to creditors or external parties, and understanding a company's liabilities is important for investors as it helps assess the company's financial risk and ability to meet its obligations.

Eco Wave Power Global AB (publ) Liabilities
Year Liabilities Growth
2017 14.167.428
2018 14.652.336 3.31%
2019 24.724.000 40.74%
2020 15.580.000 -58.69%
2021 1.914.000 -714%
2022 2.016.000 5.06%

Eco Wave Power Global AB (publ) Financial Ratio (TTM)

Valuation Metrics

Revenue per Share
0
Net Income per Share
-0.06
Price to Earning Ratio
-6.91x
Price To Sales Ratio
0x
POCF Ratio
-6.55
PFCF Ratio
0
Price to Book Ratio
1.13
EV to Sales
-427.84
EV Over EBITDA
6.48
EV to Operating CashFlow
5.24
EV to FreeCashFlow
5.22
Earnings Yield
-0.14
FreeCashFlow Yield
0
Market Cap
0,00 Bil.
Enterprise Value
-0,01 Bil.
Graham Number
0.71
Graham NetNet
0.32

Income Statement Metrics

Net Income per Share
-0.06
Income Quality
1.08
ROE
-0.05
Return On Assets
-0.14
Return On Capital Employed
-0.15
Net Income per EBT
1.02
EBT Per Ebit
1.02
Ebit per Revenue
-74
Effective Tax Rate
-0.02

Margins

Sales, General, & Administrative to Revenue
86.13
Research & Developement to Revenue
0
Stock Based Compensation to Revenue
0
Gross Profit Margin
0.13
Operating Profit Margin
-74
Pretax Profit Margin
-75.71
Net Profit Margin
-77.42

Dividends

Dividend Yield
0
Dividend Yield %
0
Payout Ratio
0
Dividend Per Share
0

Operating Metrics

Operating Cashflow per Share
-0.06
Free CashFlow per Share
-0.06
Capex to Operating CashFlow
0.01
Capex to Revenue
-0.42
Capex to Depreciation
-0.05
Return on Invested Capital
-0.14
Return on Tangible Assets
-0.14
Days Sales Outstanding
706.45
Days Payables Outstanding
621.85
Days of Inventory on Hand
0
Receivables Turnover
0.52
Payables Turnover
0.59
Inventory Turnover
0
Capex per Share
-0

Balance Sheet

Cash per Share
0,37
Book Value per Share
0,37
Tangible Book Value per Share
0.37
Shareholders Equity per Share
0.37
Interest Debt per Share
0.04
Debt to Equity
0.09
Debt to Assets
0.08
Net Debt to EBITDA
6.48
Current Ratio
16.7
Tangible Asset Value
0,01 Bil.
Net Current Asset Value
0,01 Bil.
Invested Capital
0.09
Working Capital
0,01 Bil.
Intangibles to Total Assets
0
Average Receivables
0,00 Bil.
Average Payables
0,00 Bil.
Average Inventory
0
Debt to Market Cap
0

Dividends

Dividends in stock investing are like rewards that companies give to their shareholders. They are a portion of the company's profits distributed to investors, typically in the form of cash payments, as a way for them to share in the company's success.

Eco Wave Power Global AB (publ) Dividends
Year Dividends Growth

Eco Wave Power Global AB (publ) Profile

About Eco Wave Power Global AB (publ)

Eco Wave Power Global AB (publ), a wave energy company, engages in the development of 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. The company also holds various agreements comprising power purchase agreements, concession agreements, and other agreements worldwide with pipeline of projects with approximately 327.7 megawatts. It has operations in Sweden, Israel, Portugal, China, Gibraltar, Australia, and Mexico. The company was formerly known as EWPG Holding AB (publ) and changed its name to Eco Wave Power Global AB (publ) in June 2021. Eco Wave Power Global AB (publ) was founded in 2011 and is headquartered in Tel Aviv-Yafo, Israel.

CEO
Employee
15
Address
7A StrandvAegen
Stockholm, 6713701

Eco Wave Power Global AB (publ) Executives & BODs

Eco Wave Power Global AB (publ) Executives & BODs
# Name Age

Eco Wave Power Global AB (publ) Competitors