Eco Wave Power Stock Fundamentals
| WAVE Stock | USD 9.82 1.79 15.42% |
Eco Wave Power fundamentals help investors to digest information that contributes to Eco Wave's financial success or failures. It also enables traders to predict the movement of Eco Stock. The fundamental analysis module provides a way to measure Eco Wave's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Eco Wave stock.
At present, Eco Wave's Interest Income is projected to increase significantly based on the last few years of reporting. The current year's Total Other Income Expense Net is expected to grow to about 574.4 K, whereas Selling General Administrative is forecasted to decline to about 1.8 M. Eco | Select Account or Indicator |
Eco Wave Power Company Shares Owned By Institutions Analysis
Eco Wave's Shares Owned by Institutions show the percentage of the outstanding shares of stock issued by a company that is currently owned by other institutions such as asset management firms, hedge funds, or investment banks. Many investors like investing in companies with a large percentage of the firm owned by institutions because they believe that larger firms such as banks, pension funds, and mutual funds, will invest when they think that good things are going to happen.
More About Shares Owned By Institutions | All Equity Analysis
Shares Held by Institutions | = | Funds and Banks | + | Firms |
Current Eco Wave Shares Owned By Institutions | 1.14 % |
Most of Eco Wave's fundamental indicators, such as Shares Owned By Institutions, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Eco Wave Power is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Since Institution investors conduct a lot of independent research they tend to be more involved and usually more knowledgeable about entities they invest as compared to amateur investors.
| Competition |
Based on the latest financial disclosure, 1.14% of Eco Wave Power are shares owned by institutions. This is 96.32% lower than that of the Software sector and significantly higher than that of the Information Technology industry. The shares owned by institutions for all United States stocks is 97.09% higher than that of the company.
Eco Wave Power Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Eco Wave's current stock value. Our valuation model uses many indicators to compare Eco Wave value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Eco Wave competition to find correlations between indicators driving Eco Wave's intrinsic value. More Info.Eco Wave Power is rated first in return on equity category among its peers. It is rated first in return on asset category among its peers . At present, Eco Wave's Return On Equity is projected to slightly decrease based on the last few years of reporting. Comparative valuation analysis is a catch-all technique that is used if you cannot value Eco Wave by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.Eco Shares Owned By Institutions Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Eco Wave's direct or indirect competition against its Shares Owned By Institutions to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Eco Wave could also be used in its relative valuation, which is a method of valuing Eco Wave by comparing valuation metrics of similar companies.Eco Wave is currently under evaluation in shares owned by institutions category among its peers.
Eco Wave Current Valuation Drivers
We derive many important indicators used in calculating different scores of Eco Wave from analyzing Eco Wave's financial statements. These drivers represent accounts that assess Eco Wave's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Eco Wave's important valuation drivers and their relationship over time.
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Market Cap | 401.6M | 392.3M | 21.5M | 16.5M | 6.9M | 6.5M | |
| Enterprise Value | 390.2M | 383.0M | 8.2M | 12.5M | 3.8M | 3.6M |
Eco Wave ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Eco Wave's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Eco Wave's managers, analysts, and investors.Environmental | Governance | Social |
Eco Fundamentals
| Return On Equity | -0.27 | ||||
| Return On Asset | -0.15 | ||||
| Operating Margin | (7.69) % | ||||
| Current Valuation | 58.62 M | ||||
| Shares Outstanding | 5.55 M | ||||
| Shares Owned By Institutions | 1.14 % | ||||
| Number Of Shares Shorted | 70.23 K | ||||
| Price To Earning | (0.01) X | ||||
| Price To Book | 10.42 X | ||||
| Price To Sales | 178.09 X | ||||
| Revenue | 306 K | ||||
| Gross Profit | 4 K | ||||
| EBITDA | (1.62 M) | ||||
| Net Income | (1.87 M) | ||||
| Cash And Equivalents | 12.32 M | ||||
| Cash Per Share | 2.22 X | ||||
| Total Debt | 1.2 M | ||||
| Debt To Equity | 0.12 % | ||||
| Current Ratio | 6.10 X | ||||
| Book Value Per Share | 1.43 X | ||||
| Cash Flow From Operations | (2.6 M) | ||||
| Short Ratio | 0.86 X | ||||
| Earnings Per Share | (0.41) X | ||||
| Number Of Employees | 12 | ||||
| Beta | -0.7 | ||||
| Market Capitalization | 54.49 M | ||||
| Total Asset | 10.01 M | ||||
| Retained Earnings | (12.99 M) | ||||
| Working Capital | 6.63 M | ||||
| Current Asset | 2.66 M | ||||
| Current Liabilities | 9.54 M | ||||
| Net Asset | 10.01 M |
About Eco Wave Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Eco Wave Power's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Eco Wave using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Eco Wave Power based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.| Last Reported | Projected for Next Year | ||
| Current Deferred Revenue | 0.90 | 0.86 | |
| Total Revenue | 306 K | 290.7 K | |
| Cost Of Revenue | 59 K | 56 K | |
| Sales General And Administrative To Revenue | 6.03 | 5.73 | |
| Research And Ddevelopement To Revenue | 1.70 | 1.61 | |
| Capex To Revenue | 0.02 | 0.02 | |
| Revenue Per Share | 0.06 | 0.06 | |
| Ebit Per Revenue | (7.89) | (8.28) |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether Eco Wave Power is a strong investment it is important to analyze Eco Wave's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Eco Wave's future performance. For an informed investment choice regarding Eco Stock, refer to the following important reports:Check out Eco Wave Piotroski F Score and Eco Wave Altman Z Score analysis. You can also try the Stock Screener module to find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook..
Is Application Software space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Eco Wave. If investors know Eco will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Eco Wave listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.41) | Revenue Per Share 0.055 | Quarterly Revenue Growth (0.08) | Return On Assets (0.15) | Return On Equity (0.27) |
The market value of Eco Wave Power is measured differently than its book value, which is the value of Eco that is recorded on the company's balance sheet. Investors also form their own opinion of Eco Wave's value that differs from its market value or its book value, called intrinsic value, which is Eco Wave's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Eco Wave's market value can be influenced by many factors that don't directly affect Eco Wave's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Eco Wave's value and its price as these two are different measures arrived at by different means. Investors typically determine if Eco Wave is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Eco Wave's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.