WAVE (Eco Wave Power Global AB) ROCE %: -50.45% (As of Mar. 2026)


WAVE Eco Wave Power Global AB WAVE
39 GF Score
Price $8.72
GF Value $1.54
Valuation Significantly Overvalued
! 3 Warning Signs
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What is Eco Wave Power Global AB ROCE %?

Eco Wave Power Global AB WAVE -3.86% 39 ROCE % is -50.45% 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.

ROCE % measures how well a company generates profits from its capital. It is calculated as EBIT divided by Capital Employed, where Capital Employed is calculated as Total Assets minus Total Current Liabilities. Eco Wave Power Global AB's annualized ROCE % for the quarter that ended in Mar. 2026 was -50.45%.

Eco Wave Power Global AB  (NAS:WAVE) ROCE % Explanation

ROCE % can be especially useful when comparing the performance of capital-intensive companies. Unlike ROE %, which indicates the profitability of Shareholders Equity, ROCE % also considers long-term debt in Capital Employed. This can be helpful when analyzing companies with significant debt, as the result is neutralized by taking debt into consideration.

Generally speaking, a higher ROCE % indicates a stonger profitability for a company. Moreover, it is important to look at the ratio from a long term perspective. Investors tend to favor companies with stable and rising ROCE % trend over those with volatile ones.

Eco Wave Power Global AB ROCE % Related Terms

Eco Wave Power Global AB ROCE % Historical Data

* Premium members only.

The historical data trend for Eco Wave Power Global AB's ROCE % 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 ROCE % Chart

Eco Wave Power Global AB Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROCE %
Get a 7-Day Free Trial Premium Member Only -16.47 -22.11 -20.30 -25.21 -52.60

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
ROCE % 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 -28.93 -23.90 -41.93 0.00 -50.45
WAVE
39GF Score
Eco Wave Power Global AB WAVE
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Eco Wave Power Global AB ROCE % Calculation

Eco Wave Power Global AB's annualized ROCE % for the fiscal year that ended in Dec. 2025 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=-3.67/( ( (10.682 - 2.239) + (8.136 - 2.625) )/ 2 )
=-3.67/( (8.443+5.511)/ 2 )
=-3.67/6.977
=-52.60 %

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

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=-2.608/( ( (8.136 - 2.625) + (7.151 - 2.323) )/ 2 )
=-2.608/( ( 5.511 + 4.828 )/ 2 )
=-2.608/5.1695
=-50.45 %

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

* 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 ROCE % →
What does a ROCE % of -50.45% mean?
Eco Wave Power Global AB (WAVE) has a ROCE % of -50.45% as of Mar. 2026.
Is Eco Wave Power Global AB's ROCE % too high?
Eco Wave Power Global AB's current ROCE % is -50.45%. 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 ROCE % compare to NXXT and AGIG?
Eco Wave Power Global AB's ROCE % of -50.45% can be compared against companies in the Utilities - Independent Power Producers industry. The industry median ROCE % is 4.75. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROCE % for an Utilities - Independent Power Producers company?
The median ROCE % among Utilities - Independent Power Producers companies is 4.75, based on 437 companies in the industry. Companies in the top quartile (top 25%) have a ROCE % significantly above this median, while those in the bottom quartile fall well below. However, ROCE % 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 ROCE % mean?
A high ROCE % can signal that a stock is expensive relative to its fundamentals. For the Utilities - Independent Power Producers industry, the median ROCE % is 4.75 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Eco Wave Power Global AB's current ROCE % is -50.45%. 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 $8.72 — trading 466.2% above its estimated fair value. The current ROCE % is -50.45%. 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 ROCE % calculated?
ROCE % is calculated from a company's financial statements. For Eco Wave Power Global AB (WAVE), the current ROCE % is -50.45% 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 $8.72 is trading 466.2% above its estimated GF Value™ of $1.54. GuruFocus considers Eco Wave Power Global AB to be Significantly Overvalued.

Key valuation signals for WAVE:

  • ROCE %: -50.45%
  • GF Value™: $1.54 vs. price of $8.72 (466.2% 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

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

$8.72
Price
$1.54
GF Value