Comparing Cosan (NYSE:CSAN) and Eco Wave Power Global AB (publ) (NASDAQ:WAVE)

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

Volatility & Risk

Eco Wave Power Global AB (publ) has a beta of -0.46, suggesting that its share price is 146% less volatile than the S&P 500. Comparatively, Cosan has a beta of 0.83, suggesting that its share price is 17% less volatile than the S&P 500.

Valuation and Earnings

This table compares Eco Wave Power Global AB (publ) and Cosan”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)	$170,000.00	161.28	-$2.08 million	($0.60)	-8.23
Cosan	$8.15 billion	N/A	-$1.75 billion	($1.48)	-3.34

Eco Wave Power Global AB (publ) has higher earnings, but lower revenue than Cosan. Eco Wave Power Global AB (publ) is trading at a lower price-to-earnings ratio than Cosan, indicating that it is currently the more affordable of the two stocks.

Analyst Ratings

This is a summary of recent ratings and recommmendations for Eco Wave Power Global AB (publ) and Cosan, as provided by MarketBeat.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Eco Wave Power Global AB (publ)	1	0	1	0	2.00
Cosan	1	3	0	0	1.75

Eco Wave Power Global AB (publ) presently has a consensus price target of $15.00, indicating a potential upside of 203.64%. Cosan has a consensus price target of $4.75, indicating a potential downside of 3.94%. Given Eco Wave Power Global AB (publ)’s stronger consensus rating and higher probable upside, equities analysts plainly believe Eco Wave Power Global AB (publ) is more favorable than Cosan.

Profitability

This table compares Eco Wave Power Global AB (publ) and Cosan’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%
Cosan	-32.24%	-36.85%	-9.86%

Institutional and Insider Ownership

0.6% of Eco Wave Power Global AB (publ) 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 endowments, hedge funds and large money managers believe a stock will outperform the market over the long term.

Summary

Eco Wave Power Global AB (publ) beats Cosan on 8 of the 13 factors compared between the two stocks.

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.

About Cosan

Cosan S.A. engages in the fuel distribution business. It operates through Raízen, Compass, Moove, Rumo, and Radar segments. The company’s Raízen segment engages in the production, commercialization, origination, and trading of ethanol, bioenergy, renewable sources, and sugar; trading and resale of electricity; and distribution and commercialization of fuels and lubricants. Its Compass segment distributes piped natural gas to industrial, residential, commercial, automotive, and cogeneration customers; and develops infrastructure projects in a regasification terminal, offshore gas pipeline, and thermal generation projects utilizing natural gas, as well as commercialization of electricity and natural gas. The company’s Moove segment produces and distributes lubricants under the Comma brand. Its Rumo segment provides logistics services for rail transportation, port storage, and loading of goods, including grains and sugar; and leases locomotives, wagons, and another railroad equipment, as well as operates containers. The company’s Radar segment manages agricultural property. It operates in Brazil, England, France, Spain and Portugal, Argentina, Bolivia, Uruguay and Paraguay, the United States, Asia, and internationally. Cosan S.A. was founded in 1936 and is headquartered in São Paulo, Brazil.