Eco Wave Power Global AB (publ) (NASDAQ:WAVE – Get Free Report) and NeoVolta (NASDAQ:NEOV – Get Free Report) are both small-cap energy companies, but which is the superior stock? We will contrast the two companies based on the strength of their valuation, analyst recommendations, earnings, institutional ownership, profitability, risk and dividends.
Risk & Volatility
Eco Wave Power Global AB (publ) has a beta of -0.47, indicating that its stock price is 147% less volatile than the S&P 500. Comparatively, NeoVolta has a beta of -0.86, indicating that its stock price is 186% less volatile than the S&P 500.
Analyst Ratings
This is a breakdown of recent ratings and price targets for Eco Wave Power Global AB (publ) and NeoVolta, as reported by MarketBeat.com.
| Sell Ratings | Hold Ratings | Buy Ratings | Strong Buy Ratings | Rating Score | |
| Eco Wave Power Global AB (publ) | 1 | 0 | 2 | 0 | 2.33 |
| NeoVolta | 1 | 1 | 0 | 0 | 1.50 |
Earnings and Valuation
This table compares Eco Wave Power Global AB (publ) and NeoVolta”s 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) | $170,000.00 | 265.42 | -$2.08 million | ($0.54) | -15.06 |
| NeoVolta | $8.43 million | 19.76 | -$2.30 million | ($0.15) | -32.47 |
Eco Wave Power Global AB (publ) has higher earnings, but lower revenue than NeoVolta. NeoVolta is trading at a lower price-to-earnings ratio than Eco Wave Power Global AB (publ), indicating that it is currently the more affordable of the two stocks.
Profitability
This table compares Eco Wave Power Global AB (publ) and NeoVolta’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 | -40.84% | -30.64% |
| NeoVolta | -59.75% | -137.02% | -108.80% |
Institutional & Insider Ownership
0.6% of Eco Wave Power Global AB (publ) shares are owned by institutional investors. Comparatively, 5.1% of NeoVolta shares are owned by institutional investors. 31.3% of Eco Wave Power Global AB (publ) shares are owned by company insiders. Comparatively, 15.2% of NeoVolta shares are owned by company insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a company is poised for long-term growth.
Summary
Eco Wave Power Global AB (publ) beats NeoVolta on 11 of the 14 factors compared between the two stocks.
About Eco Wave Power Global AB (publ)
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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. 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 the United States, Sweden, Israel, the British Overseas Territory of Gibraltar, Greece, Portugal, China, Australia, 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. Eco Wave Power Global AB (publ) was founded in 2011 and is headquartered in Tel Aviv-Yafo, Israel.
About NeoVolta
NeoVolta Inc. designs, manufactures, and sells energy storage systems in the United States. It provides NV14, NV14-K, and NV 24 energy storage systems, which stores and uses energy through batteries and an inverter at residential or commercial sites. The company markets and sells its products directly to certified solar installers and solar equipment distributors. NeoVolta Inc. was formed in 2018 and is headquartered in Poway, California.
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