Eco Wave Power Global AB (publ) (NASDAQ:WAVE – Get Free Report) and Principal Solar (OTCMKTS:PSWW – Get Free Report) are both small-cap oils/energy companies, but which is the better business? We will compare the two businesses based on the strength of their profitability, risk, dividends, institutional ownership, analyst recommendations, earnings and valuation.
Insider and Institutional Ownership
0.6% of Eco Wave Power Global AB (publ) shares are owned by institutional investors. 31.3% of Eco Wave Power Global AB (publ) shares are owned by insiders. Comparatively, 39.2% of Principal Solar shares are owned by insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a company is poised for long-term growth.
Valuation and Earnings
This table compares Eco Wave Power Global AB (publ) and Principal Solar”s top-line revenue, earnings per share (EPS) and valuation.
Gross Revenue | Price/Sales Ratio | Net Income | Earnings Per Share | Price/Earnings Ratio | |
Eco Wave Power Global AB (publ) | $310,000.00 | 153.79 | -$1.71 million | ($0.43) | -19.98 |
Principal Solar | N/A | N/A | N/A | N/A | N/A |
Analyst Recommendations
This is a breakdown of current ratings and target prices for Eco Wave Power Global AB (publ) and Principal Solar, as reported by MarketBeat.
Sell Ratings | Hold Ratings | Buy Ratings | Strong Buy Ratings | Rating Score | |
Eco Wave Power Global AB (publ) | 0 | 0 | 1 | 0 | 3.00 |
Principal Solar | 0 | 0 | 0 | 0 | 0.00 |
Eco Wave Power Global AB (publ) currently has a consensus target price of $14.00, indicating a potential upside of 62.98%. Given Eco Wave Power Global AB (publ)’s stronger consensus rating and higher possible upside, equities analysts clearly believe Eco Wave Power Global AB (publ) is more favorable than Principal Solar.
Volatility & Risk
Eco Wave Power Global AB (publ) has a beta of -0.73, indicating that its share price is 173% less volatile than the S&P 500. Comparatively, Principal Solar has a beta of 6.41, indicating that its share price is 541% more volatile than the S&P 500.
Profitability
This table compares Eco Wave Power Global AB (publ) and Principal Solar’s net margins, return on equity and return on assets.
Net Margins | Return on Equity | Return on Assets | |
Eco Wave Power Global AB (publ) | N/A | -32.29% | -24.33% |
Principal Solar | N/A | N/A | N/A |
Summary
Eco Wave Power Global AB (publ) beats Principal Solar on 5 of the 9 factors compared between the two stocks.
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. The company also holds various agreements comprising power purchase agreements, concession agreements, and other agreements worldwide with pipeline of projects with approximately 404.7 megawatts. It has operations in the United States, Sweden, Israel, the British Overseas Territory of Gibraltar, Greece, Portugal, China, Australia, and internationally. 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.
About Principal Solar
Principal Solar, Inc. does not have significant operations. It focuses on renewable energy and natural gas sectors. The company is headquartered in Dallas Texas.
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