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

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

Risk & Volatility

Eco Wave Power Global AB (publ) has a beta of -0.46, indicating that its stock price is 146% less volatile than the S&P 500. Comparatively, Talen Energy has a beta of 1.99, indicating that its stock price is 99% more volatile than the S&P 500.

Insider and Institutional Ownership

0.6% of Eco Wave Power Global AB (publ) shares are held by institutional investors. Comparatively, 0.4% of Talen Energy shares are held by institutional investors. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a company will outperform the market over the long term.

Profitability

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

Earnings & Valuation

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

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
Eco Wave Power Global AB (publ)	$170,000.00	164.87	-$2.08 million	($0.60)	-8.42
Talen Energy	$2.12 billion	8.14	$998.00 million	$4.62	81.54

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.

Analyst Ratings

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

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

Eco Wave Power Global AB (publ) presently has a consensus price target of $15.00, indicating a potential upside of 197.03%. Talen Energy has a consensus price target of $410.58, indicating a potential upside of 8.99%. Given Eco Wave Power Global AB (publ)’s higher probable upside, analysts plainly believe Eco Wave Power Global AB (publ) is more favorable than Talen Energy.

Summary

Talen Energy beats Eco Wave Power Global AB (publ) on 10 of the 13 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 Talen Energy

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.