AERT vs WAVE

Comparison between Aeries Technology Inc - Class A (AERT, Company) and Eco Wave Power Global AB (WAVE, Company).

AERT is from the Industrials sector, while WAVE is from the Utilities sector.

5-Year PerformanceWAVE has outperformed AERT, delivering a return of -3.3% compared to -40.2%

AERT vs WAVE - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	AERT(COMPANY)	WAVE(COMPANY)
Market Cap	$41M	$41M
Max Drawdown	97.40%	94.47%
Sharpe Ratio	0.66	0.19
5Y Beta	0.83	0.81
Industry	Consulting Services	Utilities - Renewable
P/E Ratio	8.30	-98.81
PEG Ratio	N/A	-0.98
5Y EPS CAGR	N/A	8.10%
Debt to Equity	-56.81%	26.08%
Free Cash Flow Yield	22.16%	0.00%
P/S Ratio	0.52	1152.70
P/B Ratio	75.34	9.03

Market Cap

Winner

AERT

$41M

WAVE

$41M

Max Drawdown

AERT

97.40%

Winner

WAVE

94.47%

Sharpe Ratio

Winner

AERT

0.66

WAVE

0.19

5Y Beta

AERT

0.83

Winner

WAVE

0.81

Industry

AERT

Consulting Services

WAVE

Utilities - Renewable

P/E Ratio

AERT

8.30

Winner

WAVE

-98.81

PEG Ratio

AERT

N/A

WAVE

-0.98

5Y EPS CAGR

AERT

N/A

WAVE

8.10%

Debt to Equity

Winner

AERT

-56.81%

WAVE

26.08%

Free Cash Flow Yield

Winner

AERT

22.16%

WAVE

0.00%

P/S Ratio

Winner

AERT

0.52

WAVE

1152.70

P/B Ratio

AERT

75.34

Winner

WAVE

9.03

AERT vs WAVE - Historical Returns

Returns include dividend reinvestment.

Period	AERT	WAVE
1 month	+6.24%	-14.32%
3 months	+22.89%	-23.87%
6 months	+205.07%	+40.46%
1 year	+1.29%	-4.45%
5 years(CAGR)	-40.24%	-3.27%
Max(CAGR)	-40.24%	-8.94%

Winner

AERT

+6.24%

WAVE

-14.32%

Winner

AERT

+22.89%

WAVE

-23.87%

Winner

AERT

+205.07%

WAVE

+40.46%

Winner

AERT

+1.29%

WAVE

-4.45%

5Y(CAGR)

AERT

-40.24%

Winner

WAVE

-3.27%

Max(CAGR)

AERT

-40.24%

Winner

WAVE

-8.94%

AERT vs WAVE - Annual Returns (2021 - 2026)

Returns include dividend reinvestment.

Year	AERT	WAVE
2026	+67.47%	+11.30%
2025	-45.74%	-50.35%
2024	-61.89%	+628.48%
2023	-75.39%	-58.80%
2022	+4.72%	-50.39%
2021	+0.10%	-60.27%

AERT vs WAVE Drawdown Comparison

The maximum drawdown for AERT was -97.40%, occurring on Feb 24, 2026. This drawdown has not yet recovered.

The maximum drawdown for WAVE was -94.47%, occurring on Mar 27, 2024. This drawdown has not yet recovered.

The current AERT drawdown is -92.06%. The current WAVE drawdown is -64.34%.

Rank	AERT	WAVE
#1	-97.40% Oct 24, 2023 - Feb 24, 2026	-94.47% Jul 2, 2021 - Mar 27, 2024
#2	-2.65% Oct 12, 2023 - Oct 24, 2023	N/A
#3	-2.00% Apr 19, 2023 - Aug 15, 2023	N/A
#4	-1.01% Apr 28, 2022 - Jul 21, 2022	N/A
#5	-0.85% Sep 15, 2023 - Oct 4, 2023	N/A
#6	-0.77% Mar 29, 2023 - Apr 10, 2023	N/A
#7	-0.61% Jan 10, 2022 - Feb 4, 2022	N/A
#8	-0.59% Jan 24, 2023 - Jan 30, 2023	N/A
#9	-0.56% Oct 6, 2023 - Oct 11, 2023	N/A
#10	-0.51% Feb 4, 2022 - Feb 11, 2022	N/A
#11	-0.48% Apr 10, 2023 - Apr 14, 2023	N/A
#12	-0.45% Aug 24, 2022 - Sep 13, 2022	N/A
#13	-0.41% Dec 20, 2021 - Jan 10, 2022	N/A
#14	-0.41% Feb 11, 2022 - Mar 23, 2022	N/A
#15	-0.41% Mar 23, 2022 - Mar 31, 2022	N/A

Correlation

Correlation between AERT and WAVE is -0.51 which considered as a moderate negative correlation - the stocks show some tendency to move in opposite directions.

-0.51

-101