Eco Wave Power Global AB (publ) (NASDAQ:WAVE) and Empresa Distribuidora y Comercializadora Norte Sociedad Anónima (NYSE:EDN) Head-To-Head Contrast

Eco Wave Power Global AB (publ) (NASDAQ:WAVE) and Empresa Distribuidora y Comercializadora Norte Sociedad Anónima (NYSE:EDN) are both small-cap oils/energy companies, but which is the superior stock? We will compare the two businesses based on the strength of their risk, earnings, analyst recommendations, institutional ownership, profitability, dividends and valuation.

Earnings and Valuation

This table compares Eco Wave Power Global AB (publ) and Empresa Distribuidora y Comercializadora Norte Sociedad Anónima’s gross revenue, earnings per share and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
Eco Wave Power Global AB (publ)	$306,000.00	46.24	-$1.71 million	($0.35)	-7.29
Empresa Distribuidora y Comercializadora Norte Sociedad Anónima	$706.48 billion	0.00	$183.81 million	$6.34	2.48

Empresa Distribuidora y Comercializadora Norte Sociedad Anónima has higher revenue and earnings than Eco Wave Power Global AB (publ). Eco Wave Power Global AB (publ) is trading at a lower price-to-earnings ratio than Empresa Distribuidora y Comercializadora Norte Sociedad Anónima, indicating that it is currently the more affordable of the two stocks.

Analyst Recommendations

This is a summary of recent recommendations for Eco Wave Power Global AB (publ) and Empresa Distribuidora y Comercializadora Norte Sociedad Anónima, as provided by MarketBeat.com.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Eco Wave Power Global AB (publ)	0	0	0	0	N/A
Empresa Distribuidora y Comercializadora Norte Sociedad Anónima	0	0	1	0	3.00

Risk and Volatility

Eco Wave Power Global AB (publ) has a beta of -0.74, indicating that its stock price is 174% less volatile than the S&P 500. Comparatively, Empresa Distribuidora y Comercializadora Norte Sociedad Anónima has a beta of 1.52, indicating that its stock price is 52% more volatile than the S&P 500.

Profitability

This table compares Eco Wave Power Global AB (publ) and Empresa Distribuidora y Comercializadora Norte Sociedad Anónima’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	-21.67%	-16.92%
Empresa Distribuidora y Comercializadora Norte Sociedad Anónima	14.11%	25.90%	7.26%

Insider & Institutional Ownership

0.6% of Eco Wave Power Global AB (publ) shares are owned by institutional investors. Comparatively, 1.6% of Empresa Distribuidora y Comercializadora Norte Sociedad Anónima shares are owned by institutional investors. 31.3% of Eco Wave Power Global AB (publ) shares are owned by insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a company will outperform the market over the long term.

Summary

Empresa Distribuidora y Comercializadora Norte Sociedad Anónima beats Eco Wave Power Global AB (publ) on 10 of the 12 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. It also operates a grid-connected wave energy array in Gibraltar under a power purchase agreement with the Government of Gibraltar and Gibraltar's National Electric Company. 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 Sweden, Israel, Gibraltar, Portugal, China, Australia, and Mexico. 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 Empresa Distribuidora y Comercializadora Norte Sociedad Anónima

Empresa Distribuidora y Comercializadora Norte Sociedad Anónima is involved in the distribution and sale of electricity in Argentina. The company was incorporated in 1992 and is based in Buenos Aires, Argentina. Empresa Distribuidora y Comercializadora Norte Sociedad Anónima operates as a subsidiary of Empresa de Energía del Cono Sur S.A..