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EnWave Corporation (ENW) Fair Value & Analysis

Industrials · CA · Market cap C$27.9M

EC EnWave Corporation ENW · V
PriceC$0.2400
Fair ValueC$0.4500
Upside+87.5%
Quality95/100
Evidence: Low Range C$0.3400 – C$0.5700

Fair value as of: Jun 24, 2026

From 3 valuation models · updated 6 days ago

Fair value updated Jun 24, 2026 — revised from C$0.1000 to C$0.4500 (+350.0%) since Jun 23, 2026. Share price +2.1% over the past month.

Price vs Fair Value (12 months)

C$0.4898 C$0.2253 Fair Value C$0.4500 Jun 2025 Jun 2026

12‑month range C$0.2253 – C$0.4898 · fair‑value band C$0.3400 – C$0.5700 · the C$0.2400 price screens below the C$0.4500 fair value. As of Jun 24, 2026.

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Analysis

EnWave Corporation (ENW) currently trades at C$0.2400, while our model-based Fair Value estimate is C$0.4500 — implying the stock looks roughly 87.5% undervalued today. We read business quality at 95/100 (high quality), in the Industrials sector. Bull case: trading below our estimate, it may offer upside if the fundamentals hold. Bear case: a low price can be a value trap when quality is weak or the data is thin (evidence: low) — always confirm before acting.

Over the trailing twelve months, EnWave Corporation generated revenue of C$11.7M at a net margin of -21.3%. Revenue declined 68.6% year over year. It earns a return on equity of -25.6%. Fundamentals as of Jun 24, 2026

Key figures & financial health

Revenue (TTM) C$11.7M
Revenue growth (YoY) -68.6%
Net margin -21.3%
Return on equity -25.6%
Free cash flow −C$653K FY2025
Operating margin -102%
More key figures
EPS (TTM) C$-0.0200

Figures from reported company fundamentals (EODHD) · as of Jun 24, 2026. TTM = trailing twelve months.

About the company

EnWave Corporation designs, constructs, markets, and sells vacuum-microwave dehydration machinery for the food, cannabis, and biomaterial industries in Canada, the United States, and internationally. The company licenses radiant energy vacuum (REV) technology that applies microwave energy under vacuum for drying food products, cannabis, biomaterials, and pharmaceutical products and ingredients. It offers nutraREV for dehydration of fruits, vegetables, herbs, dairy products, meats, and seafood; and quantaREV designed for low-temperature dehydration of solid, semi-solid, granular, or encapsulated food or cannabis products. The company also provides freezeREV for the dehydration of biomaterial and pharmaceutical products; and REVworx, which offers toll manufacturing services for a range of food products. EnWave Corporation is headquartered in Delta, Canada.

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

EnWave Corporation reported revenue of C$13.8M in FY2025 versus C$26.5M in FY2021, a compound −15.0%/yr. Reported net income was −C$418K in FY2025.

Revenue −15.0%/yr
FY21 C$26.5M
FY22 C$11.0M
FY23 C$11.4M
FY24 C$8.2M
FY25 C$13.8M
Net income
FY21 −C$4.1M
FY22 −C$6.9M
FY23 −C$6.5M
FY24 −C$2.4M
FY25 −C$418K

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Frequently asked questions

Is EnWave Corporation (ENW) undervalued?
As of Jun 24, 2026, our model estimates a fair value of C$0.4500 versus a price of C$0.2400 — about +88% (undervalued). Model-based estimate, not financial advice.
What is the fair value of ENW?
Our 21-model fair value for EnWave Corporation is C$0.4500 (as of Jun 24, 2026), built from audited fundamentals. The current price is C$0.2400.
What is the quality score of ENW?
EnWave Corporation has a Quality Score of 95/100, measuring profitability, growth and balance-sheet strength from non-valuation factors.
What is the revenue of EnWave Corporation (ENW)?
EnWave Corporation reported trailing-twelve-month revenue of about C$11.7M (latest available figure, as of Jun 24, 2026).
What is the net profit margin of ENW?
The net profit margin of EnWave Corporation is about -21.3%, meaning it is currently running at a net loss. Based on the latest reported figures.

How we calculate Fair Value

Each company is valued through a stack of independent intrinsic-value models (DCF variants, residual-income, multiples and more), blended into one family-balanced consensus and weighted by how much trustworthy data backs it. A separate quality layer scores the fundamentals. Every input is real reported data — nothing guessed.

Educational research only · not financial advice · no buy/sell recommendation. Model-based estimates are not certainties; their reliability depends on data quality and assumptions.