Eco Wave Power Global AB (publ) (NASDAQ:WAVE – Get Free Report) and Empresa Distribuidora y Comercializadora Norte Sociedad Anónima (NYSE:EDN – Get Free Report) 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
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..
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