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ENW Stock Chart & Stats
C$0.24
C$0.01(4.08%)
At close: 4:00 PM EDT
C$0.24
C$0.01(4.08%)
Day’s Range― - ―
52-Week RangeC$0.21 - C$0.48
Previous CloseN/A
Volume44.84K
Average Volume (3M)53.43K
Market Cap
C$26.12M
Enterprise ValueC$32.01
Total Cash (Recent Filing)C$3.35M
Total Debt (Recent Filing)C$3.90M
Price to Earnings (P/E)―
Beta0.06
Next Earnings
Aug 21, 2026EPS Estimate
-0.01Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-0.02
Shares Outstanding118,716,720
10 Day Avg. Volume60,620
30 Day Avg. Volume53,427
Financial Highlights & Ratios
PEG Ratio1.21
Price to Book (P/B)3.45
Price to Sales (P/S)2.99
P/FCF Ratio-63.02
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
C$0.75Price Target Upside212.50% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering1
EPS Forecast (FY)-0.02
Revenue Forecast (FY)C$10.90M
Bulls Say, Bears Say
Bulls Say
Recurring Revenue Business ModelEnwave’s district-energy model relies on long-term customer contracts, consumption-based charges, capacity/connection fees and O&M services. These entrenched, utility-like revenue streams create durable cash flow potential and high customer stickiness once network build-out and connections scale.
Moderate Leverage With Positive EquityA moderate debt-to-equity ratio and positive equity provide financial flexibility and lower near-term insolvency risk versus highly leveraged peers. This balance-sheet posture supports continued operations and financing options while management works to restore profitability.
Stable Gross Margin ProfileConsistent low-to-mid 30% gross margins indicate structural pricing power or predictable input costs for thermal services. Margin stability should help the company leverage fixed-cost absorption as utilization or contracted volumes recover, supporting path to breakeven.
Bears Say
Material TTM Revenue DeclineA nearly 18% TTM revenue drop reduces operating leverage and undermines the recurring revenue advantage. Sustained top-line contraction impairs the company’s ability to cover fixed network costs, slows new project economics, and lengthens time to cash-flow breakeven.
Deeply Negative Operating And Free Cash FlowPersistent negative operating and free cash flow forces reliance on external funding to run and maintain energy networks. This constrains capex for growth or maintenance, increases refinancing risk, and limits the company’s ability to self-fund recoveries or new connections.
Negative Returns And Rising DebtNegative ROE despite positive equity shows the business is not producing acceptable returns on capital. Combined with rising debt levels, this suggests capital allocation and operational execution issues that could pressure margins and limit reinvestment capacity over the medium term.
ENW FAQ
What was Enwave Corp’s price range in the past 12 months?
Enwave Corp lowest stock price was C$0.21 and its highest was C$0.48 in the past 12 months.
What is Enwave Corp’s market cap?
Enwave Corp’s market cap is C$26.12M.
When is Enwave Corp’s upcoming earnings report date?
Enwave Corp’s upcoming earnings report date is Aug 21, 2026 which is in 21 days.
How were Enwave Corp’s earnings last quarter?
Enwave Corp released its earnings results on May 22, 2026. The company reported -C$0.01 earnings per share for the quarter, the consensus estimate of -C$0.01 by C$0.
Is Enwave Corp overvalued?
According to Wall Street analysts Enwave Corp’s price is currently Undervalued.
Does Enwave Corp pay dividends?
Enwave Corp does not currently pay dividends.
What is Enwave Corp’s EPS estimate?
Enwave Corp’s EPS estimate is -0.01.
How many shares outstanding does Enwave Corp have?
Enwave Corp has 118,716,720 shares outstanding.
What happened to Enwave Corp’s price movement after its last earnings report?
Enwave Corp reported an EPS of -C$0.01 in its last earnings report, expectations of -C$0.01. Following the earnings report the stock price went down -2.174%.
Which hedge fund is a major shareholder of Enwave Corp?
Currently, no hedge funds are holding shares in TSE:ENW
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Company Description
Enwave Corp
EnWave Corporation designs, constructs, markets, and sells vacuum-microwave dehydration machinery for the food, cannabis, and biomaterial industries in Canada, the United States, and internationally. The company licenses radiant energy vacuum (REV) technology that applies microwave energy under vacuum for drying food products, cannabis, biomaterials, and pharmaceutical products and ingredients. It offers nutraREV for dehydration of fruits, vegetables, herbs, dairy products, meats, and seafood; and quantaREV designed for low-temperature dehydration of solid, semi-solid, granular, or encapsulated food or cannabis products. The company also provides freezeREV for the dehydration of biomaterial and pharmaceutical products; and REVworx, which offers toll manufacturing services for a range of food products. EnWave Corporation is headquartered in Delta, Canada.
ENW Stock 12 Month Forecast
Average Price Target
C$0.75
▲(212.50% Upside)
Technical Analysis
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