Eco Wave Power Global AB is a Sweden-based wave energy company engaged in the development of a smart and cost-efficient WEC, technology that converts ocean and sea waves into clean electricity. Its WEC technology employs units of point absorber floating devices, referred to as floaters, which are installed on existing marine structures such as piers, breakwaters, and jetties, or in locations in which such marine structures are required. Geographical presence in Israel, USA and Mexico.

Financial Strength

6/10

Name	Current	Vs Industry
Cash-To-Debt	6.98
Equity-to-Asset	0.79
Debt-to-Equity	0.15
Debt-to-EBITDA	-0.66
Piotroski F-Score	6/9	0 1 2 3 4 5 6 7 8 9
Altman Z-Score	3.29	Distress Grey Safe
Beneish M-Score	7.09	Manipulator Not Manipulator
WACC vs ROIC		WACC ROIC

Growth Rank

	Name	Current	Vs Industry		Vs History
	3-Year EBITDA Growth Rate	2.6
	3-Year EPS without NRI Growth Rate	-0.3
	3-Year FCF Growth Rate	-4.5
	3-Year Book Growth Rate	-16.4

Momentum Rank

	Name	Current	Vs Industry		Vs History
	6-1 Month Momentum %	-22.84
	12-1 Month Momentum %	-42.4

Liquidity Ratio

	Name	Current	Vs Industry		Vs History
	Current Ratio	4.11
	Quick Ratio	4.11
	Cash Ratio	3.94
	Days Sales Outstanding	240.95
	Days Payable	390.98

Dividend & Buy Back

	Name	Current	Vs Industry		Vs History
	3-Year Average Share Buyback Ratio	-8
	Shareholder Yield %	0.46

Profitability Rank

	Name	Current	Vs Industry		Vs History
	Gross Margin %	80.72
	Operating Margin %	-782.35
	Net Margin %	-558.82
	FCF Margin %	-8555.85
	ROE %	-19.57
	ROA %	-15.75
	ROIC %	-98.99
	ROC (Joel Greenblatt) %	-225.48
	ROCE %	-20.63

GF Value Rank

	Name	Current	Vs Industry		Vs History
	PS Ratio	58.91
	PB Ratio	2.26
	Price-to-Tangible-Book	2.12
	EV-to-EBIT	-5.93
	EV-to-EBITDA	-5.93
	EV-to-Revenue	35.29
	EV-to-FCF	-4.14
	Price-to-Net-Current-Asset-Value	2.5
	Price-to-Net-Cash	2.61
	Earnings Yield (Greenblatt) %	-16.86
	FCF Yield %	-14.5

GF Value

OSTO:ECOWVE

Warning Signs

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