Contrasting Eco Wave Power Global AB (publ) (NASDAQ:WAVE) & Kolibri Global Energy (NASDAQ:KGEI)

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

Risk and Volatility

Eco Wave Power Global AB (publ) has a beta of -0.48, suggesting that its stock price is 148% less volatile than the S&P 500. Comparatively, Kolibri Global Energy has a beta of 0.09, suggesting that its stock price is 91% less volatile than the S&P 500.

Analyst Ratings

This is a summary of recent recommendations and price targets for Eco Wave Power Global AB (publ) and Kolibri Global Energy, as provided 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
Kolibri Global Energy 1 1 1 0 2.00

Eco Wave Power Global AB (publ) presently has a consensus price target of $14.50, suggesting a potential upside of 109.84%. Kolibri Global Energy has a consensus price target of $11.00, suggesting a potential upside of 170.94%. Given Kolibri Global Energy’s higher possible upside, analysts clearly believe Kolibri Global Energy is more favorable than Eco Wave Power Global AB (publ).

Earnings and Valuation

This table compares Eco Wave Power Global AB (publ) and Kolibri Global Energy”s top-line 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) $170,000.00 225.59 -$2.08 million ($0.60) -11.52
Kolibri Global Energy $58.52 million 2.45 $18.11 million $0.50 8.12

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

Institutional & Insider Ownership

0.6% of Eco Wave Power Global AB (publ) shares are owned by institutional investors. Comparatively, 27.3% of Kolibri Global 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, large money managers and endowments believe a stock will outperform the market over the long term.

Profitability

This table compares Eco Wave Power Global AB (publ) and Kolibri Global 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%
Kolibri Global Energy 29.74% 9.37% 7.01%

Summary

Kolibri Global Energy beats Eco Wave Power Global AB (publ) on 10 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 Kolibri Global Energy

(Get Free Report)

Kolibri Global Energy Inc. engages in the finding and exploiting oil, gas, and clean and sustainable energy in the United States. It sells crude oil, natural gas, and natural gas liquids. The company was formerly known as BNK Petroleum Inc. and changed its name to Kolibri Global Energy Inc. in November 2020. Kolibri Global Energy Inc. was incorporated in 2008 and is headquartered in Thousand Oaks, California.

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