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Eco Wave Power Global ABWAVE -4.85%38 EV-to-EBITDA is -11.68 as of Aug. 04, 2026. GuruFocus rates WAVE with a GF Score™ of 38/100 and a GF Value™ of $1.52 (Significantly Overvalued). The stock has 2 warning signs investors should review. Among 359 Utilities - Independent Power Producers companies, Eco Wave Power Global AB ranks worse than 278551.25% on this metric.
EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, Eco Wave Power Global AB's enterprise value is $42.63 Mil.
Eco Wave Power Global AB's EBITDA for the trailing twelve months (TTM) ended in Mar. 2026 was $-3.65 Mil. Therefore, Eco Wave Power Global AB's EV-to-EBITDA for today is -11.68.
The historical rank and industry rank for Eco Wave Power Global AB's EV-to-EBITDA or its related term are showing as below:
WAVE'
s EV-to-EBITDA Range Over the Past 10 Years
Min: -34.4 Med: -7.14 Max: 0.86
Current: -11.68
During the past 9 years, the highest EV-to-EBITDA of Eco Wave Power Global AB was 0.86. The lowest was -34.40. And the median was -7.14.
EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio to determine the fair market value of a company.
Eco Wave Power Global AB (NAS:WAVE) EV-to-EBITDA Explanation
EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.
Eco Wave Power Global AB's PE Ratio (TTM) for today is calculated as:
Eco Wave Power Global AB's share price for today is $7.46.
Eco Wave Power Global AB's Earnings per Share (Diluted) 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 $-0.640.
* 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.
Study has found that the companies with the lowest EV-to-EBITDA outperforms companies measured as cheap by other ratios such as PE Ratio (TTM).
* 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.
For the Utilities - Renewable subindustry, Eco Wave Power Global AB's EV-to-EBITDA, along with its competitors' market caps and EV-to-EBITDA 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-EBITDA vs Utilities - Independent Power Producers Industry
For the Utilities - Independent Power Producers industry and Utilities sector, Eco Wave Power Global AB's EV-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Eco Wave Power Global AB's EV-to-EBITDA falls into.
Eco Wave Power Global AB's current Enterprise Value is $42.63 Mil.
Eco Wave Power Global AB's EBITDA 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 $-3.65 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.
Eco Wave Power Global AB (WAVE) has a EV-to-EBITDA of -11.68 as of Aug. 04, 2026. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on Eco Wave Power Global AB. According to the industry distribution chart, Eco Wave Power Global AB ranks #999999 out of 359 companies in the Utilities - Independent Power Producers industry.
Is Eco Wave Power Global AB's EV-to-EBITDA too high?
Eco Wave Power Global AB's current EV-to-EBITDA is -11.68. Based on the distribution chart, Eco Wave Power Global AB ranks #999999 out of 359 companies in the Utilities - Independent Power Producers industry, which is in the bottom quartile relative to peers. Overall, Eco Wave Power Global AB has a GF Score™ of 38/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Eco Wave Power Global AB's EV-to-EBITDA compare to STEM and NXXT?
According to the Utilities - Independent Power Producers industry distribution chart, Eco Wave Power Global AB ranks #999999 out of 359 companies for EV-to-EBITDA. This places Eco Wave Power Global AB in the lower half of its industry. The industry median EV-to-EBITDA is 11.61. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EV-to-EBITDA for an Utilities - Independent Power Producers company?
The median EV-to-EBITDA among Utilities - Independent Power Producers companies is 11.61, based on 359 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-EBITDA significantly above this median, while those in the bottom quartile fall well below. However, EV-to-EBITDA 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 EV-to-EBITDA mean?
A high EV-to-EBITDA can signal that a stock is expensive relative to its fundamentals. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on Eco Wave Power Global AB. For the Utilities - Independent Power Producers industry, the median EV-to-EBITDA is 11.61 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Eco Wave Power Global AB's current EV-to-EBITDA is -11.68. 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 $1.52, compared to a current price of $7.46 — trading 390.8% above its estimated fair value. The current EV-to-EBITDA is -11.68. Eco Wave Power Global AB's overall GF Score™ is 38/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-EBITDA calculated?
EV-to-EBITDA is calculated from a company's financial statements. For Eco Wave Power Global AB (WAVE), the current EV-to-EBITDA is -11.68 as of Aug. 04, 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 $7.46 is trading 390.8% above its estimated GF Value™ of $1.52.
GuruFocus considers Eco Wave Power Global AB to be Significantly Overvalued.
Key valuation signals for WAVE:
EV-to-EBITDA: -11.68
GF Value™: $1.52 vs. price of $7.46 (390.8% above fair value)
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 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.
38GF Score
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