Comparing Eco Wave Power Global AB (publ) (NASDAQ:WAVE) and Advantage Energy (OTCMKTS:AAVVF)

Advantage Energy (OTCMKTS:AAVVF) and Eco Wave Power Global AB (publ) (NASDAQ:WAVE) are both small-cap energy companies, but which is the better business? We will contrast the two businesses based on the strength of their risk, valuation, earnings, dividends, institutional ownership, profitability and analyst recommendations.

Insider & Institutional Ownership

7.9% of Advantage Energy shares are held by institutional investors. Comparatively, 0.6% of Eco Wave Power Global AB (publ) shares are held by institutional investors. 31.3% of Eco Wave Power Global AB (publ) shares are held by company insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a company is poised for long-term growth.

Earnings & Valuation

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

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
Advantage Energy	$396.54 million	3.52	$15.85 million	$0.25	33.44
Eco Wave Power Global AB (publ)	$170,000.00	204.70	-$2.08 million	($0.60)	-10.45

Advantage Energy has higher revenue and earnings than Eco Wave Power Global AB (publ). Eco Wave Power Global AB (publ) is trading at a lower price-to-earnings ratio than Advantage Energy, indicating that it is currently the more affordable of the two stocks.

Analyst Recommendations

This is a breakdown of current ratings for Advantage Energy and Eco Wave Power Global AB (publ), as reported by MarketBeat.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Advantage Energy	0	4	2	1	2.57
Eco Wave Power Global AB (publ)	1	0	2	0	2.33

Eco Wave Power Global AB (publ) has a consensus price target of $14.50, suggesting a potential upside of 131.26%. Given Eco Wave Power Global AB (publ)’s higher probable upside, analysts plainly believe Eco Wave Power Global AB (publ) is more favorable than Advantage Energy.

Risk and Volatility

Advantage Energy has a beta of 0.91, indicating that its share price is 9% less volatile than the S&P 500. Comparatively, Eco Wave Power Global AB (publ) has a beta of -0.48, indicating that its share price is 148% less volatile than the S&P 500.

Profitability

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

	Net Margins	Return on Equity	Return on Assets
Advantage Energy	9.39%	3.75%	2.06%
Eco Wave Power Global AB (publ)	N/A	-46.74%	-34.83%

Summary

Advantage Energy beats Eco Wave Power Global AB (publ) on 11 of the 14 factors compared between the two stocks.

About Advantage Energy

Advantage Energy Ltd., together with its subsidiaries, engages in the acquisition, exploitation, development, and production natural gas, crude oil, and natural gas liquids (NGLs) in the Province of Alberta, Canada. Its assets are located approximately 4 to 80 km northwest of the city of Grande Prairie, Alberta. The company was formerly known as Advantage Oil & Gas Ltd. and changed its name to Advantage Energy Ltd. in May 2021. Advantage Energy Ltd. was founded in 2001 and is headquartered in Calgary, Canada.

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.