Based on the analysis of Ocean Power's profitability, liquidity, and operating efficiency, Ocean Power Technologies is not in a good financial situation at this time. It has a very high probability of going through financial hardship in March. At this time, Ocean Power's Non Current Assets Total are comparatively stable compared to the past year. Net Receivables is likely to gain to about 823.7 K in 2025, whereas Other Assets are likely to drop slightly above 187.2 K in 2025. Key indicators impacting Ocean Power's financial strength include:
The essential information of the day-to-day investment outlook for Ocean Power includes many different criteria found on its balance sheet. An individual investor should monitor Ocean Power's cash flow, debt, and profitability to accurately make informed decisions on whether to invest in Ocean Power.
Please note, the imprecision that can be found in Ocean Power's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Ocean Power Technologies. Check Ocean Power's Beneish M Score to see the likelihood of Ocean Power's management manipulating its earnings.
Ocean Power Stock Summary
Ocean Power competes with Pioneer Power, CBAK Energy, Ideal Power, Expion360, and Polar Power. Ocean Power Technologies, Inc. develops and commercializes proprietary systems that generate electricity by harnessing the renewable energy of ocean waves in North America, South America, Europe, and Asia. Ocean Power Technologies, Inc. was incorporated in 1984 and is headquartered in Monroe Township, New Jersey. Ocean Power operates under Electrical Equipment Parts classification in the United States and is traded on AMEX Exchange. It employs 54 people.
Comparative valuation techniques use various fundamental indicators to help in determining Ocean Power's current stock value. Our valuation model uses many indicators to compare Ocean Power value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Ocean Power competition to find correlations between indicators driving Ocean Power's intrinsic value. More Info.
Ocean Power Technologies is rated below average in return on equity category among its peers. It is rated below average in return on asset category among its peers . At this time, Ocean Power's Return On Equity is comparatively stable compared to the past year. Comparative valuation analysis is a catch-all technique that is used if you cannot value Ocean Power by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.
Ocean Power Technologies Systematic Risk
Ocean Power's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Ocean Power volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was twenty with a total number of output elements of fourty-one. The Beta measures systematic risk based on how returns on Ocean Power Technologies correlated with the market. If Beta is less than 0 Ocean Power generally moves in the opposite direction as compared to the market. If Ocean Power Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Ocean Power Technologies is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Ocean Power is generally in the same direction as the market. If Beta > 1 Ocean Power moves generally in the same direction as, but more than the movement of the benchmark.
Today, most investors in Ocean Power Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Ocean Power's growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of Ocean Power growth as a starting point in their analysis.
Along with financial statement analysis, the daily predictive indicators of Ocean Power help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Ocean Power Technologies. We use our internally-developed statistical techniques to arrive at the intrinsic value of Ocean Power Technologies based on widely used predictive technical indicators. In general, we focus on analyzing Ocean Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Ocean Power's daily price indicators and compare them against related drivers.
When running Ocean Power's price analysis, check to measure Ocean Power's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Ocean Power is operating at the current time. Most of Ocean Power's value examination focuses on studying past and present price action to predict the probability of Ocean Power's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ocean Power's price. Additionally, you may evaluate how the addition of Ocean Power to your portfolios can decrease your overall portfolio volatility.