Want to see TSE:ENW full AI Analyst Report?
ENW Stock Chart & Stats
C$0.28
C$0.00(0.00%)
At close: 4:00 PM EST
C$0.28
C$0.00(0.00%)
Day’s Range― - ―
52-Week RangeC$0.23 - C$0.48
Previous CloseN/A
Volume50.00K
Average Volume (3M)53.43K
Market Cap
C$29.68M
Enterprise ValueC$28.45M
Total Cash (Recent Filing)C$3.35M
Total Debt (Recent Filing)C$3.90M
Price to Earnings (P/E)―
Beta0.07
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 Upside167.86% 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 ModelEnwave's district energy contracts and consumption-based charging create recurring revenue and multi-year customer relationships. This business model yields predictable demand profiles, supports steady utilization of central plants, and provides a durable revenue base as new connections add incremental contracted load over time.
Moderate LeverageA moderate debt-to-equity ratio and positive equity give Enwave financial flexibility to invest in network maintenance and incremental build-outs without extreme refinancing pressure. This balance sheet posture supports multi-month to multi-year operational continuity while management works to restore profitability.
Stable Gross MarginsSustained gross margins in the low-to-mid 30% indicate stable unit economics for thermal supply and operations. If revenue stabilizes or grows via new connections, these margins can deliver operating leverage, allowing incremental revenue to flow more directly to recovery of fixed costs and eventual profit expansion.
Bears Say
Revenue DeclineA meaningful TTM revenue drop undermines the utility of fixed centralized plants and distribution networks; lower throughput raises unit costs and exacerbates losses. Sustained top-line contraction reduces margin spillover benefits and makes reaching breakeven and restoring operating cash flow more difficult.
Negative Cash GenerationPersistent negative operating and free cash flow means the business consumes capital to run and grow. This forces reliance on external funding for capex and working capital, increases execution risk, and constrains the company's ability to self-fund network expansion or weather further demand shocks over the coming months.
Poor Returns & Rising DebtNegative ROE combined with rising debt signals the company is not converting capital into profitable returns while leverage increases. That dynamic can limit future capital allocation, raise borrowing costs, and heighten the challenge of funding new connections or operational improvements without dilutive or costly financing.
ENW FAQ
What was Enwave Corp’s price range in the past 12 months?
Enwave Corp lowest stock price was C$0.23 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$29.68M.
When is Enwave Corp’s upcoming earnings report date?
Enwave Corp’s upcoming earnings report date is Aug 21, 2026 which is in 38 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
▲(167.86% Upside)
Technical Analysis
dynaCERT
―
PyroGenesis Canada
―
Reko International
―
Titan Logix
―
Next Hydrogen Solutions Inc
―
Options Prices
Currently, No data available
---