Eco Wave Power Global AB (publ), a wave energy company, develops a wave energy conversion (WEC) technology that converts ocean and sea waves into clean electricity. The company also holds various agreements, including power purchase agreements, concession agreements, and other agreements worldwide with pipeline of projects with approximately 404.7 megawatts, as well as letters of intent. It operates in the …
Full WAVE analysis →
Eco Wave Power Global AB (publ) ranks #20 of 24
scored companies in Utilities - Renewable by moat score — the top 83%.
The widest moat in the group is Ormat Technologies, Inc. (ORA)
at 81/100.
Moat scores for companies ranked near WAVE in Utilities - Renewable
How WAVE scores on the Regulated Utilities defenses
Regulatory Franchise
Score 5
· 25% of the moat score
The franchise is the moat, granted rather than earned: an exclusive right to serve a territory in exchange for regulated prices and an obligation to supply.
Rate-Base Return Quality
Score 31
· 20% of the moat score
A utility earns an allowed return on the capital invested in its network, the rate base.
Dividend Sustainability
Score 8
· 18% of the moat score
Utilities are owned largely for income, and the dividend is only as safe as the operating cash flow behind it.
Capital Structure Discipline
Score 5
· 17% of the moat score
Regulated utilities carry more debt than almost any other sector, which suits how predictable their revenue is but makes credit quality a core competitive asset.
Operational Efficiency
Score 52
· 12% of the moat score
Efficiency is unusually consequential under regulation.
Essential Service Resilience
Score 9
· 8% of the moat score
Electricity, gas and water are bought in a recession at close to the volume bought in an expansion, which is why utility revenue barely tracks the economic cycle.
What is Eco Wave Power Global AB (publ)'s moat score?
Eco Wave Power Global AB (publ) (WAVE) scores 18 out of 100 on the StatsAlpha Moat Map, which rates its competitive advantage as weak. It ranks #20 of 24 scored companies in Utilities - Renewable, the top 83%. The score is a weighted composite of 6 competitive defenses, each measured against industry peers of 24 companies in Utilities - Renewable. Its strongest defense is Operational Efficiency (52/100) and its weakest is Capital Structure Discipline (5/100).
How does Eco Wave Power Global AB (publ) compare with other Utilities - Renewable companies?
Eco Wave Power Global AB (publ) ranks #20 of 24 scored companies in Utilities - Renewable by moat score. The widest moat in Utilities - Renewable is Ormat Technologies, Inc. (ORA) at 80/100. The companies ranked closest are Energy Vault Holdings, Inc. (NRGV) at 22 just above it and Brenmiller Energy Ltd (BNRG) at 15 just below it.
How is the moat score calculated?
Each company is scored with an industry-specific template — Regulated Utilities in this case, chosen because the defenses that matter to a bank are not the ones that matter to a software company. Every defense combines several financial signals, and each signal is measured as a percentile against a peer group of 24 companies in Utilities - Renewable. The defenses are then weighted to produce the overall score out of 100.
Why is Eco Wave Power Global AB (publ) scored with the Regulated Utilities template?
A regulated utility is a legal monopoly whose prices are set by a regulator rather than by a market. It cannot raise prices at will and it cannot be undercut, so most of the usual questions about competitive advantage barely apply. What matters is the quality of the regulatory bargain: whether the company earns the return it is allowed, funds its capital programme cheaply, and sustains the dividend investors own it for.
Which competitive defenses are measured for Eco Wave Power Global AB (publ)?
The Regulated Utilities template measures 6 defenses, and WAVE scores: Regulatory Franchise (5), Rate-Base Return Quality (31), Dividend Sustainability (8), Capital Structure Discipline (5), Operational Efficiency (52), Essential Service Resilience (9). Each is scored independently as a percentile against peers, so a company can be strong on one and weak on another — the overall score reflects how those defenses are weighted for this industry.
We value your privacy
We use cookies to enhance your browsing experience, analyze site traffic, and personalize content. By clicking 'Accept All', you consent to our use of cookies.
Read our cookie policy
Cookie Preferences
Manage your cookie preferences. Essential cookies are always enabled.