Aerospace & Defense
Compare Stocks
5 / 10Stock Comparison
VWAV vs WAVE vs MAXN vs CWCO vs ARRY
Revenue, margins, valuation, and 5-year total return — side by side.
Renewable Utilities
Solar
Regulated Water
Solar
VWAV vs WAVE vs MAXN vs CWCO vs ARRY — Key Financials
Market cap, revenue, margins, and valuation side-by-side.
| Company Snapshot | |||||
|---|---|---|---|---|---|
| Industry | Aerospace & Defense | Renewable Utilities | Solar | Regulated Water | Solar |
| Market Cap | $85M | $53M | $4M | $485M | $1.26B |
| Revenue (TTM) | $0.00 | $168K | $176M | $128M | $1.21B |
| Net Income (TTM) | $-1M | $-3M | $-565M | $17M | $-67M |
| Gross Margin | — | 75.0% | -137.2% | 36.6% | 23.0% |
| Operating Margin | — | -15.3% | -290.5% | 13.3% | 4.5% |
| Forward P/E | — | — | — | 28.9x | 11.3x |
| Total Debt | $5M | $1M | $311M | $3M | $766M |
| Cash & Equiv. | $2M | $6M | $29M | $124M | $244M |
VWAV vs WAVE vs MAXN vs CWCO vs ARRY — Long-Term Stock Performance
Price return indexed to 100 at period start. Dividends excluded.
| Stock | Jul 21 | May 26 | Return |
|---|---|---|---|
| Eco Wave Power Glob… (WAVE) | 100 | 112.4 | +12.4% |
| Maxeon Solar Techno… (MAXN) | 100 | 0.0 | -100.0% |
| Consolidated Water … (CWCO) | 100 | 239.3 | +139.3% |
| Array Technologies,… (ARRY) | 100 | 60.3 | -39.7% |
Price return only. Dividends and distributions are not included.
Quick Verdict: VWAV vs WAVE vs MAXN vs CWCO vs ARRY
Each card shows where this stock fits in a portfolio — not just who wins on paper.
VWAV ranks third and is worth considering specifically for momentum.
- +78.6% vs MAXN's -93.0%
WAVE lags the leaders in this set but could rank higher in a more targeted comparison.
Among these 5 stocks, MAXN doesn't own a clear edge in any measured category.
CWCO carries the broadest edge in this set and is the clearest fit for income & stability and long-term compounding.
- Dividend streak 3 yrs, beta 0.77, yield 1.6%
- 141.6% 10Y total return vs VWAV's 78.6%
- Lower volatility, beta 0.77, Low D/E 1.3%, current ratio 6.12x
- Beta 0.77, yield 1.6%, current ratio 6.12x
ARRY is the #2 pick in this set and the best alternative if growth exposure is your priority.
- Rev growth 40.2%, EPS growth 62.6%, 3Y rev CAGR -7.8%
- 40.2% revenue growth vs VWAV's -94.8%
- Better valuation composite
See the full category breakdown
| Category | Winner | Why |
|---|---|---|
| Growth | 40.2% revenue growth vs VWAV's -94.8% | |
| Value | Better valuation composite | |
| Quality / Margins | 13.5% margin vs WAVE's -17.6% | |
| Stability / Safety | Beta 0.77 vs ARRY's 2.39, lower leverage | |
| Dividends | 1.6% yield; 3-year raise streak; the other 4 pay no meaningful dividend | |
| Momentum (1Y) | +78.6% vs MAXN's -93.0% | |
| Efficiency (ROA) | 6.7% ROA vs MAXN's -190.0%, ROIC 12.2% vs -351.1% |
VWAV vs WAVE vs MAXN vs CWCO vs ARRY — Revenue Breakdown by Segment
How each company's revenue is distributed across its business units
Segment breakdown not available.
Segment breakdown not available.
Segment breakdown not available.
Segment breakdown not available.
VWAV vs WAVE vs MAXN vs CWCO vs ARRY — Financial Metrics
Side-by-side numbers across 5 stocks — who leads on profitability, valuation, growth, and risk.
Who Leads Where
CWCO leads in 3 of 6 categories
WAVE leads 1 • VWAV leads 0 • MAXN leads 0 • ARRY leads 0 • 2 tied
Explore the data ↓Income & Cash Flow (Last 12 Months)
CWCO leads this category, winning 4 of 6 comparable metrics.
Income & Cash Flow (Last 12 Months)
ARRY and VWAV operate at a comparable scale, with $1.2B and $0 in trailing revenue. CWCO is the more profitable business, keeping 13.5% of every revenue dollar as net income compared to WAVE's -17.6%. On growth, CWCO holds the edge at -11.1% YoY revenue growth, suggesting stronger near-term business momentum.
| Metric | |||||
|---|---|---|---|---|---|
| RevenueTrailing 12 months | $0 | $168,000 | $176M | $128M | $1.2B |
| EBITDAEarnings before interest/tax | -$983,526 | -$2M | -$488M | $23M | $95M |
| Net IncomeAfter-tax profit | -$1M | -$3M | -$565M | $17M | -$67M |
| Free Cash FlowCash after capex | -$687,780 | $0 | -$186M | $28M | $58M |
| Gross MarginGross profit ÷ Revenue | — | +75.0% | -137.2% | +36.6% | +23.0% |
| Operating MarginEBIT ÷ Revenue | — | -15.3% | -2.9% | +13.3% | +4.5% |
| Net MarginNet income ÷ Revenue | — | -17.6% | -3.2% | +13.5% | -5.6% |
| FCF MarginFCF ÷ Revenue | — | -86.2% | -105.7% | +21.8% | +4.8% |
| Rev. Growth (YoY)Latest quarter vs prior year | — | — | -89.4% | -11.1% | -26.1% |
| EPS Growth (YoY)Latest quarter vs prior year | +24.6% | -177.8% | -6.6% | -100.0% | -7.0% |
Valuation Metrics
Evenly matched — CWCO and ARRY each lead in 2 of 6 comparable metrics.
Valuation Metrics
On an enterprise value basis, ARRY's 13.5x EV/EBITDA is more attractive than CWCO's 14.1x.
| Metric | |||||
|---|---|---|---|---|---|
| Market CapShares × price | $85M | $53M | $4M | $485M | $1.3B |
| Enterprise ValueMkt cap + debt − cash | $87M | $48M | $287M | $365M | $1.8B |
| Trailing P/EPrice ÷ TTM EPS | -10.43x | -14.30x | -0.00x | 26.61x | -11.19x |
| Forward P/EPrice ÷ next-FY EPS est. | — | — | — | 28.90x | 11.27x |
| PEG RatioP/E ÷ EPS growth rate | — | — | — | 2.00x | — |
| EV / EBITDAEnterprise value multiple | — | — | — | 14.09x | 13.51x |
| Price / SalesMarket cap ÷ Revenue | — | 1397.61x | 0.01x | 3.68x | 0.98x |
| Price / BookPrice ÷ Book value/share | — | 9.74x | — | 2.14x | 4.79x |
| Price / FCFMarket cap ÷ FCF | — | — | — | 14.63x | 15.75x |
Profitability & Efficiency
CWCO leads this category, winning 7 of 9 comparable metrics.
Profitability & Efficiency
CWCO delivers a 7.7% return on equity — every $100 of shareholder capital generates $8 in annual profit, vs $-41 for WAVE. CWCO carries lower financial leverage with a 0.01x debt-to-equity ratio, signaling a more conservative balance sheet compared to ARRY's 2.94x. On the Piotroski fundamental quality scale (0–9), CWCO scores 5/9 vs WAVE's 1/9, reflecting solid financial health.
| Metric | |||||
|---|---|---|---|---|---|
| ROE (TTM)Return on equity | — | -40.9% | — | +7.7% | -20.6% |
| ROA (TTM)Return on assets | -104.6% | -30.7% | -190.0% | +6.7% | -4.4% |
| ROICReturn on invested capital | — | -2.1% | -3.5% | +12.2% | +9.0% |
| ROCEReturn on capital employed | — | -46.1% | -189.7% | +8.1% | +8.2% |
| Piotroski ScoreFundamental quality 0–9 | 2 | 1 | 3 | 5 | 5 |
| Debt / EquityFinancial leverage | — | 0.24x | — | 0.01x | 2.94x |
| Net DebtTotal debt minus cash | $3M | -$5M | $283M | -$121M | $522M |
| Cash & Equiv.Liquid assets | $2M | $6M | $29M | $124M | $244M |
| Total DebtShort + long-term debt | $5M | $1M | $311M | $3M | $766M |
| Interest CoverageEBIT ÷ Interest expense | -6.19x | -48.45x | -13.64x | 4131.78x | -2.42x |
Total Returns (Dividends Reinvested)
WAVE leads this category, winning 3 of 6 comparable metrics.
Total Returns (Dividends Reinvested)
A $10,000 investment in CWCO five years ago would be worth $28,325 today (with dividends reinvested), compared to $2 for MAXN. Over the past 12 months, VWAV leads with a +78.6% total return vs MAXN's -93.0%. The 3-year compound annual growth rate (CAGR) favors WAVE at 43.6% vs MAXN's -95.9% — a key indicator of consistent wealth creation.
| Metric | |||||
|---|---|---|---|---|---|
| YTD ReturnYear-to-date | -40.7% | +52.0% | -91.6% | -12.1% | -15.6% |
| 1-Year ReturnPast 12 months | +78.6% | +32.4% | -93.0% | +31.0% | +19.4% |
| 3-Year ReturnCumulative with dividends | +78.6% | +196.1% | -100.0% | +79.8% | -62.8% |
| 5-Year ReturnCumulative with dividends | +78.6% | -51.3% | -100.0% | +183.2% | -39.3% |
| 10-Year ReturnCumulative with dividends | +78.6% | -51.3% | -100.0% | +141.6% | -77.6% |
| CAGR (3Y)Annualised 3-year return | +21.3% | +43.6% | -95.9% | +21.6% | -28.1% |
Risk & Volatility
Evenly matched — WAVE and CWCO each lead in 1 of 2 comparable metrics.
Risk & Volatility
CWCO is the less volatile stock with a 0.77 beta — it tends to amplify market swings less than ARRY's 2.39 beta. A beta below 1.0 means the stock typically moves less than the S&P 500. WAVE currently trades 92.7% from its 52-week high vs MAXN's 5.0% drawdown — a narrower gap to the peak suggests stronger recent price momentum.
| Metric | |||||
|---|---|---|---|---|---|
| Beta (5Y)Sensitivity to S&P 500 | 1.64x | 1.01x | 1.97x | 0.77x | 2.39x |
| 52-Week HighHighest price in past year | $15.80 | $9.87 | $4.97 | $39.12 | $12.23 |
| 52-Week LowLowest price in past year | $2.06 | $4.41 | $0.13 | $23.21 | $5.39 |
| % of 52W HighCurrent price vs 52-week peak | +37.0% | +92.7% | +5.0% | +77.6% | +66.8% |
| RSI (14)Momentum oscillator 0–100 | 48.9 | 62.7 | 21.1 | 46.3 | 64.5 |
| Avg Volume (50D)Average daily shares traded | 533K | 16K | 2.4M | 164K | 5.1M |
Analyst Outlook
CWCO leads this category, winning 1 of 1 comparable metric.
Analyst Outlook
Analyst consensus: CWCO as "Buy", ARRY as "Buy". CWCO is the only dividend payer here at 1.63% yield — a key consideration for income-focused portfolios.
| Metric | |||||
|---|---|---|---|---|---|
| Analyst RatingConsensus buy/hold/sell | — | — | — | Buy | Buy |
| Price TargetConsensus 12-month target | — | — | — | — | $9.67 |
| # AnalystsCovering analysts | — | — | — | 6 | 28 |
| Dividend YieldAnnual dividend ÷ price | — | — | — | +1.6% | — |
| Dividend StreakConsecutive years of raises | — | — | 1 | 3 | 1 |
| Dividend / ShareAnnual DPS | — | — | — | $0.50 | — |
| Buyback YieldShare repurchases ÷ mkt cap | 0.0% | +0.1% | 0.0% | +0.0% | 0.0% |
CWCO leads in 3 of 6 categories (Income & Cash Flow, Profitability & Efficiency). WAVE leads in 1 (Total Returns). 2 tied.
VWAV vs WAVE vs MAXN vs CWCO vs ARRY: Key Questions Answered
10 questions · data-driven answers · updated daily
01Is VWAV or WAVE or MAXN or CWCO or ARRY a better buy right now?
For growth investors, Array Technologies, Inc.
(ARRY) is the stronger pick with 40. 2% revenue growth year-over-year, versus -77. 3% for Eco Wave Power Global AB (publ) (WAVE). Consolidated Water Co. Ltd. (CWCO) offers the better valuation at 26. 6x trailing P/E (28. 9x forward), making it the more compelling value choice. Analysts rate Consolidated Water Co. Ltd. (CWCO) a "Buy" — based on 6 analyst ratings — the highest consensus in this comparison. The "better buy" depends entirely on your goals: growth investors should weight revenue trajectory, value investors should weight P/E and PEG, and income investors should weight dividend yield and streak.
02Which has the better valuation — VWAV or WAVE or MAXN or CWCO or ARRY?
On forward P/E, Array Technologies, Inc.
is actually cheaper at 11. 3x — notably different from the trailing picture, reflecting expected earnings growth.
03Which is the better long-term investment — VWAV or WAVE or MAXN or CWCO or ARRY?
Over the past 5 years, Consolidated Water Co.
Ltd. (CWCO) delivered a total return of +183. 2%, compared to -100. 0% for Maxeon Solar Technologies, Ltd. (MAXN). Over 10 years, the gap is even starker: CWCO returned +141. 6% versus MAXN's -100. 0%. Past returns do not guarantee future results, and the stock with the higher historical return may already have its best growth priced in.
04Which is safer — VWAV or WAVE or MAXN or CWCO or ARRY?
By beta (market sensitivity over 5 years), Consolidated Water Co.
Ltd. (CWCO) is the lower-risk stock at 0. 77β versus Array Technologies, Inc. 's 2. 39β — meaning ARRY is approximately 210% more volatile than CWCO relative to the S&P 500. On balance sheet safety, Consolidated Water Co. Ltd. (CWCO) carries a lower debt/equity ratio of 1% versus 3% for Array Technologies, Inc. — giving it more financial flexibility in a downturn.
05Which is growing faster — VWAV or WAVE or MAXN or CWCO or ARRY?
By revenue growth (latest reported year), Array Technologies, Inc.
(ARRY) is pulling ahead at 40. 2% versus -77. 3% for Eco Wave Power Global AB (publ) (WAVE). On earnings-per-share growth, the picture is similar: Array Technologies, Inc. grew EPS 62. 6% year-over-year, compared to -1276. 5% for Maxeon Solar Technologies, Ltd.. Over a 3-year CAGR, WAVE leads at 13. 7% annualised revenue growth. Higher growth typically commands a higher valuation multiple — check whether the premium P/E or P/S is justified by the growth rate using the PEG ratio.
06Which has better profit margins — VWAV or WAVE or MAXN or CWCO or ARRY?
Consolidated Water Co.
Ltd. (CWCO) is the more profitable company, earning 13. 9% net margin versus -97. 3% for Eco Wave Power Global AB (publ) — meaning it keeps 13. 9% of every revenue dollar as bottom-line profit. Operating margin tells a similar story: CWCO leads at 13. 8% versus -84. 2% for WAVE. At the gross margin level — before operating expenses — CWCO leads at 36. 0%, reflecting greater pricing power or product mix advantage. Stronger margins indicate durable pricing power, lower cost of revenue, or higher mix of software/services. They are one of the clearest signs of business quality.
07Is VWAV or WAVE or MAXN or CWCO or ARRY more undervalued right now?
On forward earnings alone, Array Technologies, Inc.
(ARRY) trades at 11. 3x forward P/E versus 28. 9x for Consolidated Water Co. Ltd. — 17. 6x cheaper on a one-year earnings basis.
08Which pays a better dividend — VWAV or WAVE or MAXN or CWCO or ARRY?
In this comparison, CWCO (1.
6% yield) pays a dividend. VWAV, WAVE, MAXN, ARRY do not pay a meaningful dividend and should not be held primarily for income.
09Is VWAV or WAVE or MAXN or CWCO or ARRY better for a retirement portfolio?
For long-horizon retirement investors, Consolidated Water Co.
Ltd. (CWCO) is the stronger choice — it scores higher on the combination of lower volatility, dividend reliability, and long-term compounding (low volatility (β 0. 77), 1. 6% yield, +141. 6% 10Y return). Array Technologies, Inc. (ARRY) carries a higher beta of 2. 39 — meaning larger drawdowns in market downturns, which matters significantly when you cannot wait years for a recovery. Both have compounded well over 10 years (CWCO: +141. 6%, ARRY: -77. 6%), confirming both are viable long-term holds — but the lower-volatility option typically results in less emotional selling during corrections. Retirement portfolios generally favour predictability over maximum returns. Consult a financial advisor before making allocation decisions.
10What are the main differences between VWAV and WAVE and MAXN and CWCO and ARRY?
These companies operate in different sectors (VWAV (Industrials) and WAVE (Utilities) and MAXN (Energy) and CWCO (Utilities) and ARRY (Energy)), which means they face different economic cycles, regulatory environments, and macro sensitivities — making direct comparison nuanced.
In terms of investment character: VWAV is a small-cap quality compounder stock; WAVE is a small-cap quality compounder stock; MAXN is a small-cap quality compounder stock; CWCO is a small-cap quality compounder stock; ARRY is a small-cap high-growth stock. CWCO pays a dividend while VWAV, WAVE, MAXN, ARRY do not, making them suitable for different income and tax situations. These fundamental differences mean investors should not choose between them on a single metric — the "better stock" depends entirely on which of these characteristics aligns with your investment strategy.
Find Stocks Like These
Explore pre-built screens for each stock's profile, or build a custom screen to find stocks that outperform all of them.
You Might Also Compare
Based on how these companies actually compete and overlap — not just which sector they're filed under.