Financial Analysis: BKV (NYSE:BKV) & Eco Wave Power Global AB (publ) (NASDAQ:WAVE)

BKV (NYSE:BKV) and Eco Wave Power Global AB (publ) (NASDAQ:WAVE) are both small-cap energy companies, but which is the superior stock? We will contrast the two businesses based on the strength of their dividends, analyst recommendations, profitability, risk, earnings, valuation and institutional ownership.

Valuation and Earnings

This table compares BKV and Eco Wave Power Global AB (publ)”s top-line revenue, earnings per share (EPS) and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
BKV	$580.98 million	3.36	-$142.87 million	($0.20)	-115.10
Eco Wave Power Global AB (publ)	$170,000.00	283.70	-$2.08 million	($0.54)	-16.09

Eco Wave Power Global AB (publ) has lower revenue, but higher earnings than BKV. BKV 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.

Insider and Institutional Ownership

0.6% of Eco Wave Power Global AB (publ) shares are owned by institutional investors. 4.1% of BKV shares are owned by company insiders. Comparatively, 31.3% of Eco Wave Power Global AB (publ) shares are owned by company insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a company is poised for long-term growth.

Analyst Recommendations

This is a breakdown of recent ratings and recommmendations for BKV and Eco Wave Power Global AB (publ), as reported by MarketBeat.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
BKV	0	0	8	0	3.00
Eco Wave Power Global AB (publ)	0	0	2	0	3.00

BKV presently has a consensus price target of $27.88, indicating a potential upside of 21.09%. Eco Wave Power Global AB (publ) has a consensus price target of $14.50, indicating a potential upside of 66.86%. Given Eco Wave Power Global AB (publ)’s higher probable upside, analysts plainly believe Eco Wave Power Global AB (publ) is more favorable than BKV.

Profitability

This table compares BKV and Eco Wave Power Global AB (publ)’s net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
BKV	-2.69%	3.21%	2.21%
Eco Wave Power Global AB (publ)	N/A	-40.84%	-30.64%

Summary

Eco Wave Power Global AB (publ) beats BKV on 7 of the 12 factors compared between the two stocks.

About BKV

BKV Corporation engages in the acquisition, operation, and development of natural gas and NGL properties. It is also involved in the gathering, processing, and transportation of natural gas. The company was founded in 2015 and is based in Denver, Colorado with additional offices in Tunkhannock, Pennsylvania and Fort Worth, Texas. BKV Corporation, LLC operates as a subsidiary of Banpu North America Corporation.

About Eco Wave Power Global AB (publ)

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.