8 years of historical data (2017–2024) · Utilities · Renewable Utilities
Percentile shows where the current value sits in 30-year historical distribution. Sparklines show 5-year trend.
Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow
Eco Wave Power Global AB (publ) currently has a negative P/E ratio, indicating the company is operating at a loss on a trailing-twelve-month basis. On a free-cash-flow basis, the stock trades at 26.2x P/FCF, 52% below the 5-year average of 55.0x.
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|---|---|---|---|
| Market Cap | $29M | $61M | $7M | $17M | $21M | — | — | — | — |
| Enterprise Value | $23M | $55M | $4M | $12M | $8M | — | — | — | — |
| P/E Ratio → | -13.49 | — | — | — | — | — | — | — | — |
| P/S Ratio | 173.14 | 363.19 | 22.49 | 635.29 | 692.32 | — | — | — | — |
| P/B Ratio | 3.33 | 7.35 | 0.88 | 1.67 | 1.46 | — | — | — | — |
| P/FCF | 26.23 | 55.02 | — | — | — | — | — | — | — |
| P/OCF | — | — | — | — | — | — | — | — | — |
P/E links to full P/E history page with 30-year chart
Enterprise-value multiples — capital-structure-neutral measures of total business value
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|---|---|---|---|
| EV / Revenue | — | 324.49 | 12.42 | 479.14 | 264.48 | — | — | — | — |
| EV / EBITDA | — | — | — | — | — | — | — | — | — |
| EV / EBIT | — | — | — | — | — | — | — | — | — |
| EV / FCF | — | 49.16 | — | — | — | — | — | — | — |
Margins and return-on-capital ratios measuring operating efficiency
Eco Wave Power Global AB (publ) earns an operating margin of -1391.7%, below the Utilities sector average of 21.0%. Operating margins have expanded from -13873.1% to -1391.7% over the past 3 years, signaling improving operational efficiency. A negative ROE of -25.8% indicates the company is currently destroying shareholder equity.
Full margin charts and quarterly trend are on the Earnings History page
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 75.0% | 75.0% | 80.7% | 15.4% | 12.9% | — | — | -2254.9% | -1832.3% |
| Operating Margin | -1391.7% | -1391.7% | -788.6% | -13873.1% | -9903.2% | — | — | -6289.8% | -4436.4% |
| Net Profit Margin | -1236.3% | -1236.3% | -558.8% | -11157.7% | -7571.0% | — | — | -6289.8% | -4436.4% |
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|---|---|---|---|
| ROE | -25.8% | -25.8% | -19.3% | -23.6% | -18.4% | -3.8% | -35.6% | — | — |
| ROA | -20.1% | -20.1% | -15.6% | -20.3% | -16.0% | -3.2% | -26.5% | -54.1% | -58.6% |
| ROIC | -53.8% | -53.8% | -34.4% | -74.3% | -156.5% | -26.8% | -142.4% | -55.1% | -61.5% |
| ROCE | -28.6% | -28.6% | -26.9% | -28.0% | -22.1% | -3.7% | -30.2% | -57.3% | -61.4% |
Solvency and debt-coverage ratios — lower is generally safer
The company holds a net cash position — cash of $8M exceeds total debt of $1M, providing substantial financial flexibility for buybacks, acquisitions, or weathering downturns.
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | 0.16 | 0.16 | 0.15 | 0.13 | 0.09 | 0.13 | 0.13 | — | — |
| Debt / EBITDA | — | — | — | — | — | — | — | — | — |
| Net Debt / Equity | — | -0.78 | -0.39 | -0.41 | -0.90 | -0.86 | -0.90 | — | — |
| Net Debt / EBITDA | — | — | — | — | — | — | — | — | — |
| Debt / FCF | — | -5.86 | — | — | — | — | — | — | — |
| Interest Coverage | -38.41 | -38.41 | -53.62 | -75.15 | -57.92 | -421.10 | -24.93 | -990.11 | -16.00 |
Net cash position: cash ($8M) exceeds total debt ($1M)
Short-term solvency ratios and asset-utilisation metrics
Eco Wave Power Global AB (publ)'s current ratio of 4.22x is well above the 1.0 safety threshold, indicating strong short-term liquidity with ample room to cover current liabilities. The current ratio has declined from 5.66x to 4.22x over the past 3 years.
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 4.22 | 4.22 | 4.11 | 5.66 | 16.70 | 18.86 | 13.50 | 4.05 | 7.20 |
| Quick Ratio | 4.22 | 4.22 | 4.11 | 5.63 | 20.56 | 18.86 | 13.50 | 3.77 | 6.79 |
| Cash Ratio | 4.06 | 4.06 | 3.94 | 5.54 | 16.19 | 18.38 | 13.13 | 2.53 | 5.32 |
| Asset Turnover | — | 0.02 | 0.03 | 0.00 | 0.00 | — | — | 0.01 | 0.01 |
| Inventory Turnover | 14000.00 | 14000.00 | — | 0.37 | — | — | — | 11.13 | 13.58 |
| Days Sales Outstanding | — | — | — | — | — | — | — | — | — |
Earnings, FCF, buyback, and dividend yields — total returns to shareholders
Eco Wave Power Global AB (publ) returns 0.2% to shareholders annually primarily through share buybacks.
Full dividend history and growth charts are on the Dividend History page
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|---|---|---|---|
| Dividend Yield | — | — | — | — | — | — | — | — | — |
| Payout Ratio | — | — | — | — | — | — | — | — | — |
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|---|---|---|---|
| Earnings Yield | — | — | — | — | — | — | — | — | — |
| FCF Yield | 3.8% | 1.8% | — | — | — | — | — | — | — |
| Buyback Yield | 0.2% | 0.1% | 0.0% | 0.0% | 0.0% | — | — | — | — |
| Total Shareholder Yield | 0.2% | 0.1% | 0.0% | 0.0% | 0.0% | — | — | — | — |
| Shares Outstanding | — | $6M | $6M | $6M | $5M | $4M | $4M | $5M | $5M |
Compare WAVE with 4 similar companies in its peer group
| Company | Market Cap | P/E | EV/EBITDA | P/FCF | Gross Margin | Op Margin | ROE | ROIC | Debt/EBITDA |
|---|---|---|---|---|---|---|---|---|---|
| WAVEYou | $29M | -13.5 | — | 26.2 | 75.0% | -1391.7% | -25.8% | -53.8% | — |
| ENLT | $9B | 61.8 | 32.4 | — | 41.8% | 46.6% | 11.8% | 4.8% | 13.2 |
| ORA | $6B | 51.3 | 14.2 | — | 27.6% | 18.5% | 3.3% | 2.7% | 1.5 |
| RNW | $1B | 46.0 | 11.2 | — | 91.1% | 53.5% | 3.0% | 4.9% | 10.1 |
| SUUN | $34M | -1.1 | — | — | 21.7% | -20.3% | -161.3% | -11.7% | — |
| Utilities Median | — | 21.0 | 9.4 | 8.1 | 46.6% | 21.0% | 9.4% | 5.0% | 4.2 |
Peers based on L4 peer group classification. Compare multiple stocks →
Includes 30+ ratios · 8 years · Updated daily
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View ValuationSee how WAVE stacks up against sector leader Enlight Renewable Energy Ltd.
Start ComparisonEco Wave Power Global AB (publ)'s current P/E ratio is -13.5x. This places it at the 50th percentile of its historical range.
Eco Wave Power Global AB (publ)'s return on equity (ROE) is -25.8%. The historical average is -21.1%.
Based on historical data, Eco Wave Power Global AB (publ) is trading at a P/E of -13.5x. This is at the 50th percentile of its historical P/E range. Compare with industry peers and growth rates for a complete picture.
Eco Wave Power Global AB (publ) has 75.0% gross margin and -1391.7% operating margin.