Critical Review: Enel (OTCMKTS:ENLAY) vs. Eco Wave Power Global AB (publ) (NASDAQ:WAVE)

Eco Wave Power Global AB (publ) (NASDAQ:WAVE) and Enel (OTCMKTS:ENLAY) are both oils/energy companies, but which is the better investment? We will compare the two businesses based on the strength of their risk, dividends, valuation, analyst recommendations, institutional ownership, profitability and earnings.

Earnings and Valuation

This table compares Eco Wave Power Global AB (publ) and Enel”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)	$310,000.00	245.10	-$1.71 million	($0.43)	-31.84
Enel	$103.42 billion	N/A	$3.72 billion	N/A	N/A

Enel has higher revenue and earnings than Eco Wave Power Global AB (publ).

Analyst Ratings

This is a breakdown of current recommendations for Eco Wave Power Global AB (publ) and Enel, as provided by MarketBeat.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Eco Wave Power Global AB (publ)	0	0	0	0	0.00
Enel	0	1	1	1	3.00

Risk & Volatility

Eco Wave Power Global AB (publ) has a beta of -0.66, meaning that its share price is 166% less volatile than the S&P 500. Comparatively, Enel has a beta of 0.95, meaning that its share price is 5% less volatile than the S&P 500.

Institutional and Insider Ownership

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

Profitability

This table compares Eco Wave Power Global AB (publ) and Enel’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	-32.29%	-24.33%
Enel	N/A	N/A	N/A

Summary

Enel beats Eco Wave Power Global AB (publ) on 8 of the 10 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 Enel

Enel SpA operates as an integrated operator in electricity and gas industries worldwide. It generates, distributes, transmits, and sells electricity; transports and markets natural gas; and constructs and operates generation plants and distribution grids. The company also provides energy management services; e-vehicle charging infrastructure for public and private customers; and engages in the energy commodities business. It operates wind, thermal, hydroelectric, nuclear, solar photovoltaic, and geothermal power plants. The company was founded in 1962 and is headquartered in Rome, Italy.