Eco Wave Power Global AB (publ) (WAVE) Key Metrics
WAVE valuation today
Trailing 12 months · as of October 18, 2026- Market cap
- $32.4M
- Enterprise value
- $29.1M
- P/E (TTM)
- —
- Forward P/E
- —
- PEG ratio
- —
- Price / sales
- 853.8
- Price / book
- 4.6
- EV / EBITDA
- —
- Dividend yield
- —
- Beta
- −0.43
WAVE key metrics, 2024–2025
Fiscal year ended December 31, 2025 · U.S. dollarsWAVE valuation Price multiples at each fiscal year-end price.
WAVE returns How much profit the business earns on the capital it uses.
WAVE per-share figures Results divided by the shares outstanding at year-end.
WAVE financial health Debt, liquidity and how easily interest is covered.
WAVE efficiency & capital use Working capital cycle and where the cash goes.
WAVE valuation history
WAVE returns on capital
Net income (ROE, ROA) or after-tax operating income (ROIC) divided by the average of the opening and closing balance.
WAVE debt vs cash
Debt includes short- and long-term borrowings and, where reported, lease liabilities.
WAVE cash returned to shareholders
WAVE price vs earnings per share
WAVE key metrics
2024–2025| 2025 | 2024 | |
|---|---|---|
| Valuation | ||
| Market capitalization | $34.1M | $61.0M |
| Enterprise value | $29.2M | $53.3M |
| Price / sales | 892.7 | 363.2 |
| Price / book | 6.0 | 7.2 |
| EV / sales | 763.5 | 317.0 |
| Earnings yield | −10.9% | −3.4% |
| Free cash flow yield | −9.7% | −3.0% |
| Dividend yield | 0.0% | 0.0% |
| Shareholder yield (dividends + buybacks) | 0.1% | 0.1% |
| Share price at fiscal year-end | $5.84 | $11.00 |
| Per share | ||
| Revenue per share | $0.01 | $0.03 |
| Earnings per share | −$0.64 | −$0.37 |
| Operating cash flow per share | −$0.47 | −$0.33 |
| Free cash flow per share | −$0.56 | −$0.33 |
| Cash per share | $1.07 | $1.64 |
| Book value per share | $0.97 | $1.52 |
| Tangible book value per share | $0.97 | $1.52 |
| Dividends per share | $0.00 | $0.00 |
| Capex per share | $0.09 | $0.01 |
| Debt per share | $0.23 | $0.24 |
| Shares outstanding | 5.8M | 5.5M |
| Change in shares outstanding | +5.3% | — |
| Returns & profitability | ||
| Return on equity (ROE) | −52.6% | −24.6% |
| Return on invested capital (ROIC) | −352.8% | −263.1% |
| Return on assets (ROA) | −39.5% | −19.4% |
| Return on tangible assets | −45.7% | −19.4% |
| Financial health | ||
| Total debt | $1.3M | $1.3M |
| Cash & short-term investments | $6.3M | $9.1M |
| Net debt | −$4.9M | −$7.8M |
| Debt / equity | 0.24 | 0.16 |
| Debt / assets | 0.16 | 0.13 |
| Current ratio | 2.49 | 4.22 |
| Quick ratio | 2.49 | 4.22 |
| Interest coverage | -48.5 | -38.4 |
| Working capital | $3.9M | $7.2M |
| Invested capital | $737,972 | $702,000 |
| Tangible asset value | $5.5M | $8.3M |
| Net current asset value | $3.9M | $7.1M |
| Graham net-net per share | $0.65 | $1.22 |
| Capital allocation | ||
| Dividends paid | $0 | $0 |
| Share buybacks (net) | $27,144 | $49,898 |
| Capex / revenue | 1,381.6% | 19.6% |
| Capex / depreciation | 2.07 | 0.25 |
| R&D / revenue | 1,665.8% | 319.0% |
| SG&A / revenue | 6,106.9% | 1,173.8% |
| Efficiency | ||
| Days sales outstanding | 1,351.9 | 147.7 |
| Days of inventory on hand | — | 0.0 |
| Days payables outstanding | 134.5 | 608.3 |
| Cash conversion cycle (days) | 1,217.4 | -460.5 |
| Receivables turnover | 0.27 | 2.47 |
| Payables turnover | 2.71 | 0.60 |
| Inventory turnover | — | 14,000.00 |
| Asset turnover | 0.00 | 0.02 |
| Average receivables | $141,496 | $68,000 |
| Average payables | $99,996 | $69,996 |
| Average inventory | — | $3 |
| Intangibles / total assets | 0.0% | 0.0% |
Computed from WAVE's annual financial statements (latest annual report filed March 12, 2026) and the closing share price on each fiscal year-end, adjusted for stock splits. Figures in U.S. dollars; data from EODHD. Averages use the opening and closing balance of each year.
WAVE valuation and financial ratios
Eco Wave Power Global AB earned a return on equity of −52.6% and a return on invested capital of −352.8% in fiscal 2025. It ended the year with $1.3 million of debt and $6.3 million in cash and short-term investments, a net cash position of $4.9 million. It returned $0.0 million to shareholders: $0 in dividends and $0.0 million in share buybacks.
See the WAVE income statement, the WAVE chart for price history, or the WAVE stock overview for the latest quote and news.
WAVE key metrics FAQ
What is Eco Wave Power Global AB's return on equity?
Eco Wave Power Global AB's return on equity (ROE) was −52.6% in fiscal 2025: net income of -$3.7 million on average shareholders' equity of $7.1 million.
What is Eco Wave Power Global AB's ROIC?
Eco Wave Power Global AB's return on invested capital was −352.8% in fiscal 2025, using after-tax operating income divided by average debt plus equity minus cash.
How much debt does Eco Wave Power Global AB have?
Eco Wave Power Global AB had total debt of $1.3 million at the end of fiscal 2025, a debt-to-equity ratio of 0.24 and more cash than debt.
Does Eco Wave Power Global AB pay a dividend?
Eco Wave Power Global AB did not pay a dividend in fiscal 2025.
Does Eco Wave Power Global AB buy back its shares?
Yes. Eco Wave Power Global AB spent $0.0 million on net share repurchases in fiscal 2025 Shares outstanding changed +5.3% over the year, to 5.8M..
What is Eco Wave Power Global AB's free cash flow yield?
Eco Wave Power Global AB generated -$3.3 million of free cash flow in fiscal 2025, a free cash flow yield of −9.7% on its market value at year-end ($34.1 million).
What is Eco Wave Power Global AB's current ratio?
Eco Wave Power Global AB's current ratio was 2.49 at the end of fiscal 2025: current assets were 2.49 times current liabilities.