NKWF.F Stock Overview

Operates as a renewable energy company in Canada. More details

NKWF.F fundamental analysis
Snowflake Score
Valuation	2/6
Future Growth	0/6
Past Performance	3/6
Financial Health	0/6
Dividends	0/6

Rewards

Price-To-Earnings ratio (5.1x) is below the US market (18.7x)

Became profitable this year

Risk Analysis

Debt is not well covered by operating cash flow

Negative shareholders equity

Makes less than USD$1m in revenue (CA$0)

Does not have a meaningful market cap ($3M)

+ 1 more risk

My Notes

Capture your thoughts, links and company narrative

Oceanic Wind Energy Inc. Competitors

Kontrol Technologies

OTCPK:KNRL.F

US$6.7m

EuroSite Power

OTCPK:EUSP

US$4.3m

Etrion

OTCPK:ETRX.F

US$33.4k

Montauk Renewables

NasdaqCM:MNTK

US$626.2m

Price History & Performance

Summary of share price highs, lows and changes for Oceanic Wind Energy
Historical stock prices
Current Share Price	CA$0.0001
52 Week High	CA$0.03
52 Week Low	CA$0.00002
Beta	-0.0019
1 Month Change	n/a
3 Month Change	n/a
1 Year Change	n/a
3 Year Change	n/a
5 Year Change	-99.87%
Change since IPO	-99.92%

Recent updates

Shareholder Returns

	NKWF.F	US Renewable Energy	US Market
7D	0%	-0.007%	-0.3%
1Y	n/a	84.9%	20.4%

Return vs Industry: Insufficient data to determine how NKWF.F performed against the US Renewable Energy industry.

Return vs Market: Insufficient data to determine how NKWF.F performed against the US Market.

Price Volatility

Is NKWF.F's price volatile compared to industry and market?
NKWF.F volatility
NKWF.F Average Weekly Movement	n/a
Renewable Energy Industry Average Movement	10.9%
Market Average Movement	6.0%
10% most volatile stocks in US Market	18.5%
10% least volatile stocks in US Market	3.0%

Stable Share Price: NKWF.F's share price has been volatile over the past 3 months compared to the US market.

Volatility Over Time: Insufficient data to determine NKWF.F's volatility change over the past year.

About the Company

Founded	Employees	CEO	Website
n/a	n/a	Michael O'Connor	www.oceanicwind.ca

Oceanic Wind Energy Inc. operates as a renewable energy company in Canada. It develops an offshore wind energy project located in the Hecate Strait on the north coast of British Columbia. The company was formerly known as NaiKun Wind Energy Group Inc. and changed its name to Oceanic Wind Energy Inc. in May 2020.

Oceanic Wind Energy Inc. Fundamentals Summary

How do Oceanic Wind Energy's earnings and revenue compare to its market cap?
NKWF.F fundamental statistics
Market cap	US$2.13m
Earnings (TTM)	US$421.46k
Revenue (TTM)	n/a

5.1x

P/E Ratio

0.0x

P/S Ratio

Is NKWF.F overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
NKWF.F income statement (TTM)
Revenue	CA$0
Cost of Revenue	CA$0
Gross Profit	CA$0
Other Expenses	-CA$604.06k
Earnings	CA$604.06k

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	0.0069
Gross Margin	0.00%
Net Profit Margin	0.00%
Debt/Equity Ratio	-47.7%

How did NKWF.F perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2025/02/07 17:41
End of Day Share Price	2025/01/21 00:00
Earnings	2024/09/30
Annual Earnings	2024/09/30

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	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* 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

Oceanic Wind Energy Inc. is covered by 3 analysts. 0 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
MacMurray Whale	Cormark Securities Inc.
Tania Maciver	Haywood Securities Inc.
Philip Dale	Northern Securities