Contrasting Advantage Energy (OTCMKTS:AAVVF) & Eco Wave Power Global AB (publ) (NASDAQ:WAVE)

Eco Wave Power Global AB (publ) (NASDAQ:WAVEGet Free Report) and Advantage Energy (OTCMKTS:AAVVFGet Free Report) are both small-cap energy companies, but which is the better business? We will compare the two businesses based on the strength of their profitability, risk, dividends, institutional ownership, analyst recommendations, earnings and valuation.

Earnings and Valuation

This table compares Eco Wave Power Global AB (publ) and Advantage Energy”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) $170,000.00 204.70 -$2.08 million ($0.60) -10.45
Advantage Energy $396.54 million 3.52 $15.85 million $0.25 33.44

Advantage Energy 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 Advantage Energy, indicating that it is currently the more affordable of the two stocks.

Volatility & Risk

Eco Wave Power Global AB (publ) has a beta of -0.48, indicating that its share price is 148% less volatile than the S&P 500. Comparatively, Advantage Energy has a beta of 0.91, indicating that its share price is 9% less volatile than the S&P 500.

Profitability

This table compares Eco Wave Power Global AB (publ) and Advantage Energy’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 -46.74% -34.83%
Advantage Energy 9.39% 3.75% 2.06%

Analyst Recommendations

This is a breakdown of current ratings and target prices for Eco Wave Power Global AB (publ) and Advantage Energy, as reported by MarketBeat.

Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Eco Wave Power Global AB (publ) 1 0 2 0 2.33
Advantage Energy 0 4 2 1 2.57

Eco Wave Power Global AB (publ) currently has a consensus target price of $14.50, indicating a potential upside of 131.26%. Given Eco Wave Power Global AB (publ)’s higher possible upside, equities analysts clearly believe Eco Wave Power Global AB (publ) is more favorable than Advantage Energy.

Insider and Institutional Ownership

0.6% of Eco Wave Power Global AB (publ) shares are owned by institutional investors. Comparatively, 7.9% of Advantage Energy 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 hedge funds, endowments and large money managers believe a company is poised for long-term growth.

Summary

Advantage Energy beats Eco Wave Power Global AB (publ) on 11 of the 14 factors compared between the two stocks.

About Eco Wave Power Global AB (publ)

(Get Free Report)

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 Advantage Energy

(Get Free Report)

Advantage Energy Ltd., together with its subsidiaries, engages in the acquisition, exploitation, development, and production natural gas, crude oil, and natural gas liquids (NGLs) in the Province of Alberta, Canada. Its assets are located approximately 4 to 80 km northwest of the city of Grande Prairie, Alberta. The company was formerly known as Advantage Oil & Gas Ltd. and changed its name to Advantage Energy Ltd. in May 2021. Advantage Energy Ltd. was founded in 2001 and is headquartered in Calgary, Canada.

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