Eco Wave Power Global AB (WAVE) Fair Value & Analysis
Utilities · US · Market cap $52.5M
Eco Wave Power Global AB
WAVE · US
Fair value as of: Jun 25, 2026
From 2 valuation models · updated 4 days ago
Share price +0.1% over the past month.
Price vs Fair Value (12 months)
12‑month range $4.70 – $10.13 · fair‑value band $2.19 – $3.64 · the $9.02 price screens above the $2.91 fair value. As of Jun 25, 2026.
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Eco Wave Power Global AB (WAVE) currently trades at $9.02, while our model-based Fair Value estimate is $2.91 — implying the stock looks roughly 67.7% overvalued today. We read business quality at 92/100 (high quality), in the Utilities sector. Bear case: priced above our estimate, the market already discounts strong expectations. Bull case: above-average quality can justify a premium — the entry price still matters most (evidence: low).
Trailing-twelve-month revenue stands at $38.0K. Revenue declined 77.4% year over year. It earns a return on equity of -62.6%. The balance sheet holds a net cash position of $4.9M. Fundamentals as of Jun 25, 2026
Key figures & financial health
More key figures
Figures from reported company fundamentals (EODHD) · as of Jun 25, 2026. TTM = trailing twelve months.
About the company
Eco Wave Power Global AB (publ), a wave energy company, develops a wave energy conversion (WEC) technology that converts ocean and sea waves into clean electricity. The company also holds various agreements, including power purchase agreements, concession agreements, turnkey agreements, and other agreements worldwide with pipeline of projects with approximately 404.7 megawatts, as well as letters of intent. It operates in the United States, Taiwan, Sweden, Israel, Portugal, Mexico, India, and internationally. The company was formerly known as EWPG Holding AB (publ) and changed its name to Eco Wave Power Global AB (publ) in June 2021. The company was founded in 2011 and is headquartered in Tel Aviv-Yafo, Israel.
Revenue & earnings trend
FY2021 – FY2025 · reported fiscal years
Eco Wave Power Global AB reported revenue of $38.2K in FY2025 versus $31.0K in FY2021, a compound +5.4%/yr. Reported net income was −$3.7M in FY2025.
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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.