Eco Wave Power Global AB (publ) (NASDAQ:WAVE – Get Free Report) and AES (NYSE:AES – Get Free Report) are both utilities companies, but which is the superior stock? We will contrast the two companies based on the strength of their profitability, dividends, earnings, risk, valuation, analyst recommendations and institutional ownership.
Volatility & Risk
Eco Wave Power Global AB (publ) has a beta of -0.39, meaning that its stock price is 139% less volatile than the S&P 500. Comparatively, AES has a beta of 0.94, meaning that its stock price is 6% less volatile than the S&P 500.
Profitability
This table compares Eco Wave Power Global AB (publ) and AES’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 | -48.56% | -34.95% |
| AES | 13.16% | 20.56% | 3.73% |
Institutional and Insider Ownership
0.6% of Eco Wave Power Global AB (publ) shares are owned by institutional investors. Comparatively, 93.1% of AES shares are owned by institutional investors. 0.8% of AES shares are owned by company insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a company will outperform the market over the long term.
Valuation and Earnings
This table compares Eco Wave Power Global AB (publ) and AES”s revenue, earnings per share (EPS) and valuation.
| Gross Revenue | Price/Sales Ratio | Net Income | Earnings Per Share | Price/Earnings Ratio | |
| Eco Wave Power Global AB (publ) | $40,000.00 | 601.62 | -$3.70 million | ($0.52) | -8.34 |
| AES | $13.57 billion | 0.78 | $910.00 million | $2.49 | 5.99 |
AES 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 AES, indicating that it is currently the more affordable of the two stocks.
Analyst Recommendations
This is a summary of current ratings and price targets for Eco Wave Power Global AB (publ) and AES, as reported by MarketBeat.
| Sell Ratings | Hold Ratings | Buy Ratings | Strong Buy Ratings | Rating Score | |
| Eco Wave Power Global AB (publ) | 1 | 0 | 1 | 1 | 2.67 |
| AES | 0 | 7 | 0 | 0 | 2.00 |
Eco Wave Power Global AB (publ) presently has a consensus price target of $10.00, indicating a potential upside of 130.63%. AES has a consensus price target of $15.80, indicating a potential upside of 5.86%. Given Eco Wave Power Global AB (publ)’s stronger consensus rating and higher possible upside, analysts clearly believe Eco Wave Power Global AB (publ) is more favorable than AES.
Summary
AES beats Eco Wave Power Global AB (publ) on 10 of the 15 factors compared between the two stocks.
About Eco Wave Power Global AB (publ)
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Eco Wave Power Global AB (publ) is a renewable energy technology company that develops systems designed to generate electricity from ocean and sea waves. Its technology uses floaters installed on existing marine structures, such as breakwaters, piers and ports. The movement of the waves drives hydraulic systems that power generators, while the equipment can be raised above sea level during severe weather conditions. Founded in 2011, the company has developed and commercialized a patented onshore wave energy conversion technology intended to reduce the infrastructure and maintenance challenges associated with offshore systems.
About AES
The AES Corporation is a global power company that develops and operates electricity generation and energy infrastructure. Its portfolio includes renewable energy, natural gas and other power generation, as well as battery energy storage. AES also helps businesses and other customers procure electricity and pursue clean-energy goals. Founded in 1981 as Applied Energy Services, the company has expanded from its U.S. origins to serve customers across multiple regions, including the Americas, Europe and Asia.
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