Head-To-Head Review: Montauk Renewables (NASDAQ:MNTK) versus Eco Wave Power Global AB (publ) (NASDAQ:WAVE)

Montauk Renewables (NASDAQ:MNTKGet Free Report) and Eco Wave Power Global AB (publ) (NASDAQ:WAVEGet Free Report) are both small-cap energy companies, but which is the superior investment? We will contrast the two businesses based on the strength of their institutional ownership, dividends, profitability, risk, valuation, earnings and analyst recommendations.

Insider and Institutional Ownership

16.4% of Montauk Renewables shares are owned by institutional investors. Comparatively, 0.6% of Eco Wave Power Global AB (publ) shares are owned by institutional investors. 54.3% of Montauk Renewables shares are owned by company insiders. Comparatively, 31.3% of Eco Wave Power Global AB (publ) shares are owned by company insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a stock will outperform the market over the long term.

Analyst Recommendations

This is a summary of recent ratings for Montauk Renewables and Eco Wave Power Global AB (publ), as reported by MarketBeat.com.

Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Montauk Renewables 1 4 0 0 1.80
Eco Wave Power Global AB (publ) 1 0 0 0 1.00

Montauk Renewables currently has a consensus price target of $1.80, indicating a potential upside of 16.13%. Given Montauk Renewables’ stronger consensus rating and higher possible upside, analysts clearly believe Montauk Renewables is more favorable than Eco Wave Power Global AB (publ).

Profitability

This table compares Montauk Renewables 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
Montauk Renewables 0.40% 0.28% 0.17%
Eco Wave Power Global AB (publ) N/A -66.77% -46.75%

Valuation and Earnings

This table compares Montauk Renewables and Eco Wave Power Global AB (publ)”s top-line revenue, earnings per share (EPS) and valuation.

Gross Revenue Price/Sales Ratio Net Income Earnings Per Share Price/Earnings Ratio
Montauk Renewables $176.38 million 1.25 $1.75 million $0.02 77.50
Eco Wave Power Global AB (publ) $38,000.00 1,352.42 -$3.70 million ($0.68) -12.94

Montauk Renewables 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 Montauk Renewables, indicating that it is currently the more affordable of the two stocks.

Risk and Volatility

Montauk Renewables has a beta of 0.47, meaning that its stock price is 53% less volatile than the S&P 500. Comparatively, Eco Wave Power Global AB (publ) has a beta of -0.46, meaning that its stock price is 146% less volatile than the S&P 500.

Summary

Montauk Renewables beats Eco Wave Power Global AB (publ) on 12 of the 13 factors compared between the two stocks.

About Montauk Renewables

(Get Free Report)

Montauk Renewables, Inc., a renewable energy company, engages in recovery and processing of biogas from landfills and other non-fossil fuel sources. It operates in two segments, Renewable Natural Gas and Renewable Electricity Generation. The company develops, owns, and operates renewable natural gas (RNG) projects that captures methane and prevents it from being released into the atmosphere by converting it into either RNG or electrical power for the electrical grid. Its customers for RNG and renewable identification numbers (RIN) include large, long-term owner-operators of landfills and livestock farms, local utilities, and large refiners in the natural gas and refining sectors. Montauk Renewables, Inc. was founded in 1980 and is headquartered in Pittsburgh, Pennsylvania.

About Eco Wave Power Global AB (publ)

(Get Free Report)

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.

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