Greenwave Technology Solutions, Inc.

Greenwave Technology Solutions, Inc.

GWAV·NASDAQ

$6.50

-2.1%
IndustrialsWaste Management

Greenwave Technology Solutions, Inc., through its subsidiary, Empire Services, Inc., operates metal recycling facilities in Virginia and North Carolina. The company, through its 11 metal recycling facilities, collects, classifies, and processes raw scrap ferrous and nonferrous metals for recycling iron, steel, aluminum, copper, lead, stainless steel, and zinc. It is involved in the purchasing and selling processed and unprocessed scrap metals to steel mills and other purchasers. The company was formerly known as MassRoots, Inc and changed its name to Greenwave Technology Solutions, Inc. in October 2021. The company was founded in 2002 and is headquartered in Suffolk, Virginia.

At a Glance

Live Snapshot
Market Cap$397.60M
EPS-8.4700
P/E Ratio-0.77
Earnings Date04/13/2026

Intrinsic Alpha Methodology

Thesis Lenses

Signal · Driver · Risk

Signal

Medium confidence

Valuation multiple is compressed (P/E -0.8).

Valuation inputs: P/E -0.8, earnings yield N/A, momentum -2.1%.

If multiples stay elevated while momentum fades, downside repricing risk rises.

Driver

High confidence

Return profile is soft (ROE -64.7%, ROIC -65.0%).

Profitability stack: net margin -71.8%, ROE -64.7%, ROIC -65.0%.

Quality deterioration often appears in margins before it shows up in headline EPS.

Risk

High confidence

Risk profile is balanced but has notable pressure points to monitor.

Risk factors: liabilities/assets +41.4%, momentum -2.1%, net margin -71.8%.

Higher leverage with weak momentum and thin margins can amplify drawdown severity.

gwav

Greenwave Technology Solutions, Inc. Market vs Earnings Trajectory

GWAV · NASDAQ

Loading price and EPS data...

Greenwave Technology Solutions, Inc.

Greenwave Technology Solutions, Inc. Fair Value Envelope

GWAV · NASDAQ

Our analysis suggests that GWAV has a fair value of HIDDEN per share in the Base Case projection. With shares currently trading at $6.5, this represents a potential HIDDEN relative to our calculated worth for Greenwave Technology Solutions, Inc..

Intrinsic Value
Current Price: $6.5
3Y-110.0%
5Y-100.0%
10Y-100.0%
3Y+311.0%
5Y+140455.0%
10Y+15471.0%
3Y+1365.0%
5Y-30.0%
10Y+182.0%
3Y+594.0%
5Y+860.0%
10Y+451.0%
3Y+1126.0%
5Y+1746.0%
10Y+937.0%
3Y+65.0%
5Y+2038272.0%
10Y+8659.0%
Greenwave Technology Solutions, Inc.

Greenwave Technology Solutions, Inc. Profit Bridge

GWAV · NASDAQ
Revenue33.32M
Cost of Goods Sold (27.66M)
Gross Profit5.65M
Operating Expenses (27.14M)
Operating Income-21.48M
Interest Expense (5.36M)
Other Income/Expense-2.43M
Pretax Income-23.92M
Income Tax (0.00)
Net Income-23.92M
Net Income
-23.92M

Profitability Analysis

Gross Margin

17.0%

Thin margins leave little room for error. Cost management and pricing strategy are critical.

Operating Margin

-64.5%

Operating losses indicate the core business is unprofitable. Requires restructuring or revenue growth.

Net Profit Margin

-71.8%

Net losses indicate the company is burning cash. Sustainability depends on path to profitability.

Profitability Insight

High margin compression: Large gap between gross and net margins suggests operational inefficiencies or heavy debt burden. Focus on expense management and deleveraging.

38.99%
Gross Profit Margin
60%
3Y+10.0%
5Y-54.0%
10Y-58.0%
-102.84%
Operating Profit Margin
88%
3Y+184.0%
5Y-99.0%
10Y-99.0%
-71.79%
Net Profit Margin
-5%
3Y+256.0%
5Y-100.0%
10Y-100.0%
-64.72%
Return on Equity
-111%
3Y-1026.0%
5Y-170.0%
10Y-98.0%
-37.91%
Return on Assets
-35%
3Y+787.0%
5Y-100.0%
10Y-97.0%
-64.95%
Return on Invested Capital
14%
3Y-384.0%
5Y-794.0%
10Y-94.0%
GWAV

Greenwave Technology Solutions, Inc. Cash Conversion Engine

GWAV · NASDAQ
Net Income-23.92M
Depreciation & Amortization7.66M
Stock-Based Compensation823.50K
Change in Working Capital-7.19M
Others5.37M
Capital Expenditures-15.92M
Free Cash Flow-33.18M

Cash Flow Quality Analysis

FCF Conversion Rate

138.7%

Excellent cash generation. The company converts earnings to cash at or above 100%, indicating high-quality earnings.

CapEx Intensity

-92.3%

Asset-light business model. Low capital requirements leave more cash available for shareholders and growth investments.

FCF Growth Trend

-823.0%

Significant FCF decline raises concerns. Urgent review needed of operational performance and capital allocation.

Working Capital Impact

-$7.19M

Moderate working capital outflow. Typical for growing businesses, but ensure it's supporting revenue growth, not inefficiency.

Cash Flow Quality Insight

Working capital strain: Significant cash tied up in operations. Monitor receivables collection, inventory turns, and payment terms to optimize cash conversion cycle.

gwav

Greenwave Technology Solutions, Inc. Funding & Solvency Profile

GWAV · NASDAQ
Cash & Cash Equivalents5.50M
Net Receivables2.28M
Inventory4.56M
Other Current Assets288.44K
Total Current Assets13 M
Property, Plant & Equipment27.22M
Goodwill & Intangible Assets910.80K
Long-Term Investments0.00
Other Non-Current Assets26.76M
Total Non-Current Assets54 M
Total Assets
67.52M

Financial Health Analysis

Current Ratio

0.63x

Warning: Liquidity concerns. Current assets may not be sufficient to cover short-term obligations.

Debt-to-Equity Ratio

0.63x

Balanced capital structure with moderate leverage. Equity exceeds debt, suggesting healthy financial stability.

Working Capital

-7478957

Negative working capital indicates short-term liabilities exceed short-term assets—potential liquidity stress.

Asset Composition

19% Current

Capital-intensive business with significant long-term investments in property, equipment, or intangibles.

Financial Health Insight

Negative working capital with limited cash reserves requires immediate attention—potential liquidity crisis if not addressed promptly.

gwav

Greenwave Technology Solutions, Inc. Street Expectations Map

GWAV · NASDAQ

No Target Data

No analyst price targets available for gwav.

gwav

Greenwave Technology Solutions, Inc. Insider Positioning

GWAV · NASDAQ

During the last 12 months, there has been no insider trading activity reported for GWAV.

3 Months

Bought

0

0.00

Sold

0

0.00

Net Activity

+0

+$0

3-6 Months

Bought

0

0.00

Sold

0

0.00

Net Activity

+0

+$0

6-9 Months

Bought

0

0.00

Sold

0

0.00

Net Activity

+0

+$0

9-12 Months

Bought

0

0.00

Sold

0

0.00

Net Activity

+0

+$0

Top Buyers

No buying activity

Top Sellers

No selling activity

Insider Activity Analysis

Net Insider Sentiment

Neutral

No insider trading activity reported. This could indicate blackout periods, lack of conviction, or regulatory restrictions.

Insider Participation

No Activity

No insider trading activity reported from any insiders in the past year.

26.93%
Dividend Yield
3Y-
5Y-27.0%
10Y-
 

gwav Dividend History

GWAV
10Y CAGR +0%
Latest $0
Annual $0
Stable dividend payments
Last Period: +0%