WAVE (Eco Wave Power Global AB) 3-Year RORE % : 5.56% (As of Mar. 2026)


WAVE Eco Wave Power Global AB WAVE
38 GF Score
Price $8.99
GF Value $1.51
Valuation Significantly Overvalued
! 4 Warning Signs
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What is Eco Wave Power Global AB 3-Year RORE %?

Eco Wave Power Global AB WAVE -3.10% 38 3-Year RORE % is 5.56 as of Mar. 2026. GuruFocus rates WAVE with a GF Score™ of 38/100 and a GF Value™ of $1.51 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 396 Utilities - Independent Power Producers companies, Eco Wave Power Global AB ranks better than 55.81% on this metric.

Return on Retained Earnings (RORE) is an indicator of a company's growth potential, it shows how much a company earns by reinvesting its retained earnings, i.e. profits after dividend payments. Eco Wave Power Global AB's 3-Year RORE % for the quarter that ended in Mar. 2026 was 5.56%.

The industry rank for Eco Wave Power Global AB's 3-Year RORE % or its related term are showing as below:

WAVE's 3-Year RORE % is ranked better than
55.81% of 396 companies
in the Utilities - Independent Power Producers industry
Industry Median: -0.23 vs WAVE: 5.56

Eco Wave Power Global AB  (NAS:WAVE) 3-Year RORE % Explanation

Return on Retained Earnings (RORE) is important to investors because it reveals a company's efficiency and growth potential. A higher RORE indicates a higher return. A high RORE indicates that the company should reinvest profits into the business. A lower RORE suggests that the company should distribute profits to shareholders by paying out dividends, since those dollars aren't generating much additional growth for the company.

There are a several different ways to arrive at the Return on Retained Earnings. The simplest way to calculate it is by using published information on Earnings per Share (EPS) and Dividend per Share (DPS) over a selected period. Here, 3-year period is chosen.

Be Aware

Please keep in mind that the RORE is relative to the nature of the business and its competitors. If another company in the same sector is producing a lower return on retained earnings, it doesn’t necessarily mean it’s a bad investment. It may just suggest the company is older and no longer in a high growth stage. At such a stage in the business cycle, it would be expected to see a lower RORE and higher dividend payout.


Eco Wave Power Global AB 3-Year RORE % Related Terms


Eco Wave Power Global AB 3-Year RORE % Historical Data

* Premium members only.

The historical data trend for Eco Wave Power Global AB's 3-Year RORE % 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 3-Year RORE % Chart

Eco Wave Power Global AB Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
3-Year RORE %
Get a 7-Day Free Trial Premium Member Only -19.13 11.36 10.53 -23.53 5.56

Eco Wave Power Global AB Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
3-Year RORE % 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 -18.75 0.00 8.89 5.56 5.56

WAVE vs NXXT, AGIG, STEM: 3-Year RORE % Comparison

For the Utilities - Renewable subindustry, Eco Wave Power Global AB's 3-Year RORE %, along with its competitors' market caps and 3-Year RORE % 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 3-Year RORE % vs Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Eco Wave Power Global AB's 3-Year RORE % distribution charts can be found below:

* The bar in red indicates where Eco Wave Power Global AB's 3-Year RORE % falls into.


WAVE
38GF Score
Eco Wave Power Global AB WAVE
3-Year RORE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Eco Wave Power Global AB 3-Year RORE % Calculation

Eco Wave Power Global AB's 3-Year RORE % for the quarter that ended in Mar. 2026 is calculated as:

3-Year RORE %=( Most Recent EPS (Diluted)- First Period EPS (Diluted) )/( Cumulative EPS (Diluted) for 3-year -Cumulative Dividends per Share for 3-year )
=( -0.64--0.56 )/( -1.44-0 )
=-0.08/-1.44
=5.56 %

* 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.

In the calculation of 3-Year RORE %, the most recent and first period EPS (Diluted) is the trailing twelve months (TTM) data ended in Mar. 2026 and 3-year before.

Frequently Asked Questions Learn more about 3-Year RORE % →
What does a 3-Year RORE % of 5.56 mean?
Eco Wave Power Global AB (WAVE) has a 3-Year RORE % of 5.56 as of Mar. 2026. 3-Year RORE % shows how much a company earns by reinvesting its retained earnings in 3-year. View historical data on Eco Wave Power Global AB and its competitors. According to the industry distribution chart, Eco Wave Power Global AB ranks #175 out of 396 companies in the Utilities - Independent Power Producers industry, placing it in the top 44.2%.
Is Eco Wave Power Global AB's 3-Year RORE % too high?
Eco Wave Power Global AB's current 3-Year RORE % is 5.56. Based on the distribution chart, Eco Wave Power Global AB ranks #175 out of 396 companies in the Utilities - Independent Power Producers industry, which is above the industry midpoint. 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 3-Year RORE % compare to NXXT and AGIG?
According to the Utilities - Independent Power Producers industry distribution chart, Eco Wave Power Global AB ranks #175 out of 396 companies for 3-Year RORE %. This puts Eco Wave Power Global AB in the upper half of its industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good 3-Year RORE % for an Utilities - Independent Power Producers company?
A good 3-Year RORE % depends on the Utilities - Independent Power Producers industry context. However, 3-Year RORE % 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 3-Year RORE % mean?
A high 3-Year RORE % can signal that a stock is expensive relative to its fundamentals. 3-Year RORE % shows how much a company earns by reinvesting its retained earnings in 3-year. View historical data on Eco Wave Power Global AB and its competitors. Eco Wave Power Global AB's current 3-Year RORE % is 5.56. 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 $1.51, compared to a current price of $8.99 — trading 495.4% above its estimated fair value. The current 3-Year RORE % is 5.56. Eco Wave Power Global AB's overall GF Score™ is 38/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is 3-Year RORE % calculated?
3-Year RORE % is calculated from a company's financial statements. For Eco Wave Power Global AB (WAVE), the current 3-Year RORE % is 5.56 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 $8.99 is trading 495.4% above its estimated GF Value™ of $1.51. GuruFocus considers Eco Wave Power Global AB to be Significantly Overvalued.

Key valuation signals for WAVE:

  • 3-Year RORE %: 5.56
  • GF Value™: $1.51 vs. price of $8.99 (495.4% above fair value)
  • GF Score™: 38/100 with 4 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.
38GF Score

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

$8.99
Price
$1.51
GF Value