Ocean Power Technologies, Inc.
Ocean Power Technologies develops proprietary power platforms harnessing ocean wave energy globally. PB3 PowerBuoy generates power off-grid for offshore locations. Next Gen PowerBuoy offers subsea battery systems and software services. The company also provides WAM-V technology, leasing robotics and access info. Ocean Power offers data collection, integration, analytics, and real-time communication services. They serve public and private entities requiring remote offshore power. Headquartered in New Jersey since 1984.
Overview
Sector
Industrial Machinery
Strengths
- The company has low debt. Net Debt to EBITDA Ratio is 0.26 and it is lower than the sector mean.
Weaknesses
- With a depreciation Potential of -100.00%, based on our fundamental analysis, it suggests the stock may be overvalued.
- Current Price to Earnings Ratio (100.00) is significantly higher than the sector mean (45.47).
- The company have lower returns than the sector in which it operates. ROIC (0.00%) is significantly lower than the sector mean (12.02%).
- EV/EBITDA (100.00) is significantly higher than the sector mean (25.83).
- EV/EBIT (100.00) is significantly higher than the sector mean.
- The Price to Free Cash Flow ratio (100.00) is significantly higher than the sector mean.
- EBITDA Margin (0.00%) appears relatively low.
Key Financial Data
| Indicator | Value |
|---|
| PER | 100.0 |
| EV/EBITDA | 100.0 |
| Price/Free Cash Flow' | 100.0 |
| ROIC | -% |
| Net Debt/EBITDA | 0.3 |