Head-To-Head Contrast: Eco Wave Power Global AB (publ) (NASDAQ:WAVE) and Enel (OTCMKTS:ENLAY)

Eco Wave Power Global AB (publ) (NASDAQ:WAVE) and Enel (OTCMKTS:ENLAY) are both oils/energy companies, but which is the better business? We will compare the two companies based on the strength of their valuation, risk, earnings, dividends, institutional ownership, profitability and analyst recommendations.

Profitability

This table compares Eco Wave Power Global AB (publ) and Enel’s net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Eco Wave Power Global AB (publ)	N/A	-32.29%	-24.33%
Enel	N/A	N/A	N/A

Valuation and Earnings

This table compares Eco Wave Power Global AB (publ) and Enel”s revenue, earnings per share (EPS) and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
Eco Wave Power Global AB (publ)	$310,000.00	268.55	-$1.71 million	($0.43)	-34.88
Enel	$103.42 billion	0.71	$3.72 billion	N/A	N/A

Enel has higher revenue and earnings than Eco Wave Power Global AB (publ).

Risk & Volatility

Eco Wave Power Global AB (publ) has a beta of -0.66, indicating that its share price is 166% less volatile than the S&P 500. Comparatively, Enel has a beta of 0.95, indicating that its share price is 5% less volatile than the S&P 500.

Analyst Ratings

This is a summary of current ratings and price targets for Eco Wave Power Global AB (publ) and Enel, as provided by MarketBeat.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Eco Wave Power Global AB (publ)	0	0	0	0	0.00
Enel	0	1	1	1	3.00

Insider & Institutional Ownership

0.6% of Eco Wave Power Global AB (publ) shares are owned by institutional investors. 31.3% of Eco Wave Power Global AB (publ) shares are owned by insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a company will outperform the market over the long term.

Summary

Enel beats Eco Wave Power Global AB (publ) on 8 of the 11 factors compared between the two stocks.

About Eco Wave Power Global AB (publ)

Eco Wave Power Global AB (publ), a wave energy company, engages in the development of a wave energy conversion (WEC) technology that converts ocean and sea waves into clean electricity. The company also holds various agreements comprising power purchase agreements, concession agreements, and other agreements worldwide with pipeline of projects with approximately 404.7 megawatts. It has operations in the United States, Sweden, Israel, the British Overseas Territory of Gibraltar, Greece, Portugal, China, Australia, and internationally. The company was formerly known as EWPG Holding AB (publ) and changed its name to Eco Wave Power Global AB (publ) in June 2021. Eco Wave Power Global AB (publ) was founded in 2011 and is headquartered in Tel Aviv-Yafo, Israel.

About Enel

Enel SpA operates as an integrated operator in electricity and gas industries worldwide. It generates, distributes, transmits, and sells electricity; transports and markets natural gas; and constructs and operates generation plants and distribution grids. The company also provides energy management services; e-vehicle charging infrastructure for public and private customers; and engages in the energy commodities business. It operates wind, thermal, hydroelectric, nuclear, solar photovoltaic, and geothermal power plants. The company was founded in 1962 and is headquartered in Rome, Italy.