What is Carnegie Clean Energy Limited?
Carnegie Clean Energy Limited engages in the development of the CETO Wave Energy Technology, a submerged point absorber type wave energy converter which converts ocean waves into zero-emission electricity internationally.
CWGYF · Verdict
Limited reward · high risk
CWGYF's standout is volatility; balance sheet and cash flow weigh on the picture.
Based on 88% data coverage
CWGYF · Verdict
Top decile vs peers
Current ratio 0.77
-1095% free-cash-flow margin
Rev -0.5% CAGR · earnings +6.5%
-733% net margin · -12% ROE
Below average
Model-based scoring. For information only — not financial advice.
Carnegie Clean Energy Limited engages in the development of the CETO Wave Energy Technology, a submerged point absorber type wave energy converter which converts ocean waves into zero-emission electricity internationally. The company was formerly known as Carnegie Wave Energy Limited and changed its name to Carnegie Clean Energy Limited in December 2016. The company is listed on the OTCQB in USA, operating in the Utilities sector, with a market capitalisation of 17.45M.
The scoring profile indicates weak reward characteristics across most factors, including momentum and size. Risk indicators are high — this profile reflects meaningful downside exposure.
For informational purposes only. Not financial advice.