Critical Review: Eco Wave Power Global AB (publ) (NASDAQ:WAVE) and Talen Energy (NASDAQ:TLN)

Talen Energy (NASDAQ:TLNGet Free Report) and Eco Wave Power Global AB (publ) (NASDAQ:WAVEGet Free Report) are both energy companies, but which is the superior investment? We will compare the two companies based on the strength of their dividends, valuation, earnings, institutional ownership, analyst recommendations, risk and profitability.

Insider and Institutional Ownership

0.4% of Talen Energy shares are owned by institutional investors. Comparatively, 0.6% of Eco Wave Power Global AB (publ) shares are owned by institutional investors. 0.2% of Talen Energy shares are owned by insiders. Comparatively, 31.3% of Eco Wave Power Global AB (publ) shares are owned by insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a stock is poised for long-term growth.

Analyst Recommendations

This is a summary of recent recommendations for Talen Energy and Eco Wave Power Global AB (publ), as provided by MarketBeat.com.

Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Talen Energy 0 3 11 0 2.79
Eco Wave Power Global AB (publ) 1 0 1 0 2.00

Talen Energy currently has a consensus price target of $410.58, indicating a potential upside of 12.40%. Eco Wave Power Global AB (publ) has a consensus price target of $15.00, indicating a potential upside of 183.55%. Given Eco Wave Power Global AB (publ)’s higher possible upside, analysts plainly believe Eco Wave Power Global AB (publ) is more favorable than Talen Energy.

Profitability

This table compares Talen 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
Talen Energy 9.83% 13.52% 2.99%
Eco Wave Power Global AB (publ) N/A -46.74% -34.83%

Volatility and Risk

Talen Energy has a beta of 1.98, indicating that its share price is 98% more volatile than the S&P 500. Comparatively, Eco Wave Power Global AB (publ) has a beta of -0.46, indicating that its share price is 146% less volatile than the S&P 500.

Valuation and Earnings

This table compares Talen Energy 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
Talen Energy $2.34 billion 7.12 $998.00 million $4.62 79.07
Eco Wave Power Global AB (publ) $170,000.00 172.70 -$2.08 million ($0.60) -8.82

Talen 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 Talen Energy, indicating that it is currently the more affordable of the two stocks.

Summary

Talen Energy beats Eco Wave Power Global AB (publ) on 10 of the 14 factors compared between the two stocks.

About Talen Energy

(Get Free Report)

Talen Energy Corporation is a U.S.-based energy and power generation company. The Company owns or controls approximately 16,000 megawatts of capacity in wholesale power markets, principally in the Northeast, Mid-Atlantic and Southwest regions of the United States. The Company generates and sells electricity, capacity and related products from power plants that use fuel sources, such as nuclear, natural gas and coal. The Company’s Susquehanna nuclear power plant has approximately two boiling water reactors with a combined capacity of over 2,600 megawatts. Its fossil fuel plants are located in Athens, Barney Davis, Bayonne, Brandon Shores, Brunner Island, Camden, Colstrip and Dartmouth, among others. It has an art energy trading center located in Allentown, Pennsylvania (PA), where it manages asset load obligations, fuel supply, capacity and related products, and all supporting physical or financial transactions for its electric generation portfolio.

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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