WAVE (Eco Wave Power Global AB) EBIT: $-1.43 Mil (TTM As of Mar. 2026)


WAVE Eco Wave Power Global AB WAVE
39 GF Score
Price $8.58
GF Value $1.54
Valuation Significantly Overvalued
! 3 Warning Signs
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What is Eco Wave Power Global AB EBIT?

Eco Wave Power Global AB WAVE -5.40% 39 EBIT is $-1.43 Mil as of Mar. 2026. GuruFocus rates WAVE with a GF Score™ of 39/100 and a GF Value™ of $1.54 (Significantly Overvalued). The stock has 3 warning signs investors should review.

Eco Wave Power Global AB's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2026 was $-0.65 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2026 was $-1.43 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Eco Wave Power Global AB's annualized ROC % for the quarter that ended in Mar. 2026 was -92.04%. Eco Wave Power Global AB's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was -253.20%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Eco Wave Power Global AB's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was -3.09%.

Eco Wave Power Global AB  (NAS:WAVE) EBIT Explanation

1. EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.

Eco Wave Power Global AB's annualized ROC % for the quarter that ended in Mar. 2026 is calculated as:

ROC % (Q: Mar. 2026 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2025 ) + Invested Capital (Q: Mar. 2026 ))/ count )
=-2.632 * ( 1 - 0% )/( (2.914 + 2.805)/ 2 )
=-2.632/2.8595
=-92.04 %

where

Invested Capital(Q: Dec. 2025 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=8.136 - 1.311 - ( 6.022 - max(0, 2.625 - 6.536+6.022))
=2.914

Invested Capital(Q: Mar. 2026 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=7.151 - 1.029 - ( 5.041 - max(0, 2.323 - 5.64+5.041))
=2.805

Note: The Operating Income data used here is four times the quarterly (Mar. 2026) data.

2. Joel Greenblatt's definition of Return on Capital:

Eco Wave Power Global AB's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 is calculated as:

ROC (Joel Greenblatt) %(Q: Mar. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2025  Q: Mar. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-2.608/( ( (1.066 + max(-1.003, 0)) + (0.994 + max(-0.649, 0)) )/ 2 )
=-2.608/( ( 1.066 + 0.994 )/ 2 )
=-2.608/1.03
=-253.20 %

where Working Capital is:

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.009 + 0 + 0.299) - (1.311 + 0 + 0)
=-1.003

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.132 + 0 + 0.248) - (1.029 + 0 + 0)
=-0.649

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Mar. 2026) EBIT data.

3. It is also linked to Joel Greenblatt's definition of Earnings Yield:

Eco Wave Power Global AB's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2026 )
=-1.428/46.182
=-3.09 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Eco Wave Power Global AB EBIT Related Terms

Eco Wave Power Global AB EBIT Historical Data

* Premium members only.

The historical data trend for Eco Wave Power Global AB's EBIT can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Eco Wave Power Global AB EBIT Chart

Eco Wave Power Global AB Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EBIT
Get a 7-Day Free Trial Premium Member Only -2.29 -2.85 -1.82 -2.06 -3.67

Eco Wave Power Global AB Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Dec25 Mar26
EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -0.53 -0.49 -0.78 0.00 -0.65

WAVE vs NXXT, AGIG, STEM: EBIT Comparison

For the Utilities - Renewable subindustry, Eco Wave Power Global AB's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Eco Wave Power Global AB EV-to-EBIT vs Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Eco Wave Power Global AB's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Eco Wave Power Global AB's EV-to-EBIT falls into.


WAVE
39GF Score
Eco Wave Power Global AB WAVE
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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Eco Wave Power Global AB EBIT Calculation

EBIT, sometimes also called Earnings Before Interest and Taxes, is a measure of a firm's profit that includes all expenses except interest and income tax expenses. It is the difference between operating revenues and operating expenses. When a firm does not have non-operating income, then Operating Income is sometimes used as a synonym for EBIT and operating profit.

EBIT for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $-1.43 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about EBIT →
What does a EBIT of $-1.43 Mil mean?
Eco Wave Power Global AB (WAVE) has a EBIT of $-1.43 Mil as of Mar. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Eco Wave Power Global AB.
Is Eco Wave Power Global AB's EBIT too high?
Eco Wave Power Global AB's current EBIT is $-1.43 Mil. Overall, Eco Wave Power Global AB has a GF Score™ of 39/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Eco Wave Power Global AB's EBIT compare to NXXT and AGIG?
Eco Wave Power Global AB's EBIT of $-1.43 Mil can be compared against companies in the Utilities - Independent Power Producers industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EBIT for an Utilities - Independent Power Producers company?
A good EBIT depends on the Utilities - Independent Power Producers industry context. However, EBIT should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EBIT mean?
A high EBIT can signal that a stock is expensive relative to its fundamentals. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Eco Wave Power Global AB. Eco Wave Power Global AB's current EBIT is $-1.43 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Eco Wave Power Global AB stock overvalued right now?
Based on GuruFocus' analysis, Eco Wave Power Global AB (WAVE) is currently considered Significantly Overvalued. The stock's GF Value™ is $1.54, compared to a current price of $8.58 — trading 457.1% above its estimated fair value. The current EBIT is $-1.43 Mil. Eco Wave Power Global AB's overall GF Score™ is 39/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EBIT calculated?
EBIT is calculated from a company's financial statements. For Eco Wave Power Global AB (WAVE), the current EBIT is $-1.43 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Eco Wave Power Global AB (WAVE) Overvalued in 2026?

Based on GuruFocus' analysis, Eco Wave Power Global AB stock appears to be overvalued. The current stock price of $8.58 is trading 457.1% above its estimated GF Value™ of $1.54. GuruFocus considers Eco Wave Power Global AB to be Significantly Overvalued.

Key valuation signals for WAVE:

  • EBIT: $-1.43 Mil
  • GF Value™: $1.54 vs. price of $8.58 (457.1% above fair value)
  • GF Score™: 39/100 with 3 warning signs

No single metric tells the full story. See the WAVE stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Eco Wave Power Global AB Business Description

Other Exchanges 1KW0:Germany
Address 52 Derech Menachem Begin Street, Tel Aviv, ISR, 6713701
Eco Wave Power Global AB is a Sweden-based wave energy company engaged in the development of a smart and cost-efficient wave energy conversion, or WEC, technology that converts ocean and sea waves into clean electricity. Its WEC technology employs units of point absorber floating devices, referred to as floaters, which are installed on existing marine structures such as piers, breakwaters, and jetties, or in locations in which such marine structures are required. Geographically, it has a presence in Israel, the USA, and Mexico.
39GF Score

Get the complete analysis for WAVE

EBIT is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$8.58
Price
$1.54
GF Value