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ECOWVE Stock Overview
A wave energy company, develops a wave energy conversion (WEC) technology that converts ocean and sea waves into clean electricity. More details
| Snowflake Score | |
|---|---|
| Valuation | 2/6 |
| Future Growth | 0/6 |
| Past Performance | 0/6 |
| Financial Health | 5/6 |
| Dividends | 0/6 |
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Eco Wave Power Global AB (publ) Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | SEK 4.30 |
| 52 Week High | SEK 30.00 |
| 52 Week Low | SEK 3.51 |
| Beta | 0.12 |
| 1 Month Change | -14.00% |
| 3 Month Change | -25.09% |
| 1 Year Change | -51.14% |
| 3 Year Change | n/a |
| 5 Year Change | n/a |
| Change since IPO | -72.96% |
Recent News & Updates
Recent updates
Shareholder Returns
| ECOWVE | SE Renewable Energy | SE Market | |
|---|---|---|---|
| 7D | -18.6% | -2.1% | 0.7% |
| 1Y | -51.1% | -20.7% | -3.8% |
Return vs Industry: ECOWVE underperformed the Swedish Renewable Energy industry which returned 6.6% over the past year.
Return vs Market: ECOWVE underperformed the Swedish Market which returned -20.6% over the past year.
Price Volatility
| ECOWVE volatility | |
|---|---|
| ECOWVE Average Weekly Movement | 9.5% |
| Renewable Energy Industry Average Movement | 5.4% |
| Market Average Movement | 6.8% |
| 10% most volatile stocks in SE Market | 13.7% |
| 10% least volatile stocks in SE Market | 4.2% |
Stable Share Price: ECOWVE's share price has been volatile over the past 3 months.
Volatility Over Time: ECOWVE's weekly volatility has decreased from 28% to 10% over the past year, but is still higher than 75% of Swedish stocks.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 2011 | 15 | Inna Braverman | www.ecowavepower.com |
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.
Eco Wave Power Global AB (publ) Fundamentals Summary
| ECOWVE fundamental statistics | |
|---|---|
| Market cap | SEK 190.90m |
| Earnings (TTM) | -SEK 24.67m |
| Revenue (TTM) | SEK 269.51k |
708.4x
P/S Ratio-7.7x
P/E RatioIs ECOWVE overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| ECOWVE income statement (TTM) | |
|---|---|
| Revenue | SEK 269.51k |
| Cost of Revenue | SEK 224.15k |
| Gross Profit | SEK 45.36k |
| Other Expenses | SEK 24.72m |
| Earnings | -SEK 24.67m |
Last Reported Earnings
Mar 31, 2022
Next Earnings Date
n/a
| Earnings per share (EPS) | -0.56 |
| Gross Margin | 16.83% |
| Net Profit Margin | -9,154.30% |
| Debt/Equity Ratio | 9.2% |
How did ECOWVE perform over the long term?
See historical performance and comparisonCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2022/06/14 12:09 |
| End of Day Share Price | 2022/06/13 00:00 |
| Earnings | 2022/03/31 |
| Annual Earnings | 2021/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Eco Wave Power Global AB (publ) is covered by 2 analysts. of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Jeffrey Grampp | Alliance Global Partners |
| Tate Sullivan | Maxim Group |