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Ocean Power Technologies, Inc.

  • Market Cap: Micro Cap
  • Industry: Electronics & Appliances
  • ISIN: US6748705067
USD
0.44
0 (-0.05%)

Dec 04

ASE

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  • Score
  • Mojo Parameters
  • Total Return
  • News and Corporate Actions
  • Key factors
  • Shareholding
  • Financials
  • CompanyCV
stock-summaryPrice Point
High/Low

1Day

0.430.45

52 Week

0.271.75
Valuation
Technical
Day's Volume

CASH

2.43 M

Shareholding (Jan 2025)

FII

0.26%

Held by 13 FIIs

DII

95.88%

Held by 5 DIIs

Promoter

0.00%

How big is Ocean Power Technologies, Inc.?

22-Jun-2025

As of Jun 18, Ocean Power Technologies, Inc. has a market capitalization of 90.62 million and reported net sales of 6.11 million with a net loss of 21.80 million over the latest four quarters. The company's shareholder's funds were 19.34 million, and total assets amounted to 28.70 million.

As of Jun 18, Ocean Power Technologies, Inc. has a market capitalization of 90.62 million, categorizing it as a Micro Cap company.<BR><BR>As of Jun 18, the company reported net sales of 6.11 million for the latest four quarters. During the same period, the net profit was a loss of 21.80 million.<BR><BR>As of Apr 24, the company's shareholder's funds were 19.34 million, and total assets amounted to 28.70 million.

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What does Ocean Power Technologies, Inc. do?

22-Jun-2025

Ocean Power Technologies, Inc. develops systems that generate electricity from ocean waves and is classified as a micro-cap company with a market cap of approximately $90.62 million. As of January 2025, it reported net sales of $1 million and a net loss of $7 million.

Overview:<BR>Ocean Power Technologies, Inc. is engaged in developing and commercializing systems that generate electricity from ocean waves, operating within the Electronics & Appliances industry and classified as a micro-cap company.<BR><BR>Financial Snapshot:<BR>Most recent Net Sales: 1 Million (Quarterly Results - Jan 2025) <BR>Most recent Net Profit: -7 Million (Quarterly Results - Jan 2025) <BR>Market cap: USD 90.62 Million (Micro Cap)<BR><BR>Key Metrics:<BR>P/E: NA (Loss Making) <BR>Industry P/E: NA <BR>Dividend Yield: 0.00% <BR>Debt Equity: -0.31 <BR>Return on Equity: -72.38% <BR>Price to Book: 3.13<BR><BR>Contact Details:<BR>Address: 28 Engelhard Dr Ste B, MONROE TOWNSHIP NJ: 08831-3720 <BR>Tel: 1 609 7300400 <BR>Website: http://www.oceanpowertechnologies.com

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Who are in the management team of Ocean Power Technologies, Inc.?

22-Jun-2025

As of March 2022, the management team of Ocean Power Technologies, Inc. includes Mr. George Kirby as President, CEO, and Director, and Mr. Terence Cryan as Chairman of the Board.

As of March 2022, the management team of Ocean Power Technologies, Inc. includes Mr. George Kirby, who serves as the President, Chief Executive Officer, and Director, and Mr. Terence Cryan, who is the Chairman of the Board.

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Is Ocean Power Technologies, Inc. overvalued or undervalued?

20-Sep-2025

As of March 9, 2020, Ocean Power Technologies, Inc. is considered a risky investment due to its negative financial metrics, including a negative P/E ratio and poor returns compared to its peers and the S&P 500, indicating it may be overvalued.

As of 9 March 2020, the valuation grade for Ocean Power Technologies, Inc. changed from does not qualify to risky, indicating a shift in perception regarding its financial health. The company appears to be overvalued based on its current metrics, particularly given its negative P/E ratio, a price-to-book value of 3.25, and an EV to EBITDA of -4.36. These ratios suggest that the company is struggling to generate positive earnings, which is further emphasized by its ROCE of -104.91% and ROE of -72.38%.<BR><BR>In comparison to its peers, Ocean Power Technologies has a less favorable EV to EBITDA ratio than CBAK Energy Technology, Inc. at -14.5823 and NeoVolta, Inc. at -33.2719, highlighting its relative underperformance within the industry. Additionally, while the company has seen a remarkable 176.19% return over the past year, this is overshadowed by a significant year-to-date decline of -50.07% compared to the S&P 500's 12.22% return, reinforcing the notion that the stock may be overvalued in its current state.

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Is Ocean Power Technologies, Inc. technically bullish or bearish?

20-Sep-2025

As of August 1, 2025, Ocean Power Technologies, Inc. shows a mildly bullish trend with mixed signals across time frames, having underperformed the S&P 500 year-to-date at -50.07% but significantly outperformed it over the past year with a return of 176.19%.

As of 1 August 2025, the technical trend for Ocean Power Technologies, Inc. has changed from bullish to mildly bullish. The current stance is mildly bullish, driven by daily moving averages indicating mild bullishness, while the monthly MACD and Bollinger Bands also show mild bullish signals. However, the weekly MACD and KST are mildly bearish, and the monthly RSI is bearish, suggesting mixed signals across different time frames. <BR><BR>In terms of performance, the stock has underperformed the S&P 500 year-to-date with a return of -50.07% compared to the S&P's 12.22%, but it has significantly outperformed over the past year with a return of 176.19% versus 17.14% for the benchmark.

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iScoreScore
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Strong Sell
Sell
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Strong Buy

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Unrated Stock - No Analysis Available
stock-summaryMojo Parameters
Mojo Parameters
Stock DNA
stock-summary
Industry

Electronics & Appliances

stock-summary
Market cap

USD 90 Million (Micro Cap)

stock-summary
P/E

NA (Loss Making)

stock-summary
Industry P/E

NA

stock-summary
Dividend Yield

0.00%

stock-summary
Debt Equity

-0.21

stock-summary
Return on Equity

-77.57%

stock-summary
Price to Book

3.38

Revenue and Profits:
Net Sales:
1 Million
(Quarterly Results - Apr 2025)
Net Profit:
-6 Million
stock-summaryTotal Returns
Total Returns (Price + Dividend) stock-summary
TimePeriod
Price Return
Dividend Return
Total Return
3 Months
-14.3%
0%
-14.3%
6 Months
-20.06%
0%
-20.06%
1 Year
6.93%
0%
6.93%
2 Years
12.82%
0%
12.82%
3 Years
-33.36%
0%
-33.36%
4 Years
-72.5%
0%
-72.5%
5 Years
-82.54%
0%
-82.54%

Ocean Power Technologies, Inc. for the last several years.

Risk Adjusted Returns v/s stock-summary
stock-summaryNews & Corporate Actions
News

Is Ocean Power Technologies, Inc. technically bullish or bearish?

As of 1 August 2025, the technical trend for Ocean Power Technologies, Inc. has changed from bullish to mildly bullish. The current stance is mildly bullish, driven by daily moving averages indicating mild bullishness, while the monthly MACD and Bollinger Bands also show mild bullish signals. However, the weekly MACD and KST are mildly bearish, and the monthly RSI is bearish, suggesting mixed signals across different time frames. In terms of performance, the stock has underperformed the S&P 500 year-to-date with a return of -50.07% compared to the S&P's 12.22%, but it has significantly outperformed over the past year with a return of 176.19% versus 17.14% for the benchmark....

Read More

Is Ocean Power Technologies, Inc. overvalued or undervalued?

As of 9 March 2020, the valuation grade for Ocean Power Technologies, Inc. changed from does not qualify to risky, indicating a shift in perception regarding its financial health. The company appears to be overvalued based on its current metrics, particularly given its negative P/E ratio, a price-to-book value of 3.25, and an EV to EBITDA of -4.36. These ratios suggest that the company is struggling to generate positive earnings, which is further emphasized by its ROCE of -104.91% and ROE of -72.38%. In comparison to its peers, Ocean Power Technologies has a less favorable EV to EBITDA ratio than CBAK Energy Technology, Inc. at -14.5823 and NeoVolta, Inc. at -33.2719, highlighting its relative underperformance within the industry. Additionally, while the company has seen a remarkable 176.19% return over the past year, this is overshadowed by a significant year-to-date decline of -50.07% compared to the S&P...

Read More
Announcements stock-summary
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No announcement available
Corporate Actions stock-summary
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No corporate action available
stock-summaryKey Factors
Quality key factors stock-summary
Factor
Value
Sales Growth (5y)
28.39%
EBIT Growth (5y)
-37.90%
EBIT to Interest (avg)
-21.76
Debt to EBITDA (avg)
Negative Net Debt
Net Debt to Equity (avg)
-0.31
Sales to Capital Employed (avg)
0.17
Tax Ratio
0
Dividend Payout Ratio
0
Pledged Shares
0
Institutional Holding
6.54%
ROCE (avg)
0
ROE (avg)
0
Valuation key factors
Factor
Value
P/E Ratio
NA (Loss Making)
Industry P/E
Price to Book Value
3.25
EV to EBIT
-4.05
EV to EBITDA
-4.36
EV to Capital Employed
4.25
EV to Sales
13.89
PEG Ratio
NA
Dividend Yield
NA
ROCE (Latest)
-104.91%
ROE (Latest)
-72.38%
Technicals key factors
Indicator
Weekly
Monthly
MACD
Bearish
Mildly Bullish
RSI
No Signal
Bearish
Bollinger Bands
Mildly Bearish
Mildly Bullish
Moving Averages
Bearish (Daily)
KST
Bearish
Bullish
Dow Theory
No Trend
Mildly Bearish
OBV
No Trend
No Trend
stock-summary Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish  Turned 
stock-summaryShareholding
Shareholding Snapshot : Jan 2025stock-summary
Shareholding Compare (%holding) stock-summary
Majority shareholders

Domestic Funds

Domestic Funds

Held in 5 Schemes (3.86%)

Foreign Institutions

Held by 13 Foreign Institutions (0.26%)

Strategic Entities with highest holding

Highest Public shareholder

stock-summaryFinancial
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    "link": "quarterly",
    "btn_text": "All Quarterly Results",
    "header": "Quarterly Results Snapshot (Consolidated) - Apr'25 - YoY",
    "rhs": [
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        "suffix": "YoY Growth in quarter ended Apr 2025 is -18.75% vs 60.00% in Apr 2024",
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        "prefix": "Consolidated Net Profit ",
        "suffix": "YoY Growth in quarter ended Apr 2025 is 4.48% vs 29.47% in Apr 2024",
        "dir": -1
      }
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        "Apr'24",
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          "val2": "1.60",
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          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "-7.00",
          "val2": "-6.30",
          "chgp": "-11.11%",
          "chgp_class": "negative"
        },
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          "field": "Interest",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "-0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Consolidate Net Profit",
          "val1": "-6.40",
          "val2": "-6.70",
          "chgp": "4.48%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "-5,640.60%",
          "val2": "-4,274.20%",
          "chgp": "-136.64%",
          "chgp_class": "negative"
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    "header": "Annual Results Snapshot (Consolidated) - Apr'25",
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      },
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        "prefix": "Consolidated Net Profit ",
        "suffix": "YoY Growth in year ended Apr 2025 is 21.82% vs -4.56% in Apr 2024",
        "dir": 1
      }
    ],
    "table": {
      "header": [
        "Apr'25",
        "Apr'24",
        "Change(%)"
      ],
      "body": [
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          "field": "Net Sales",
          "val1": "5.90",
          "val2": "5.50",
          "chgp": "7.27%",
          "chgp_class": "positive"
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        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "-19.90",
          "val2": "-28.20",
          "chgp": "29.43%",
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          "field": "Interest",
          "val1": "0.00",
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          "chgp": "",
          "chgp_class": "neutral"
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        {
          "field": "Exceptional Items",
          "val1": "-0.80",
          "val2": "0.10",
          "chgp": "-900.00%",
          "chgp_class": "negative"
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        {
          "field": "Consolidate Net Profit",
          "val1": "-21.50",
          "val2": "-27.50",
          "chgp": "21.82%",
          "chgp_class": "positive"
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        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "-3,700.10%",
          "val2": "-5,321.80%",
          "chgp": "162.17%",
          "chgp_class": "positive"
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]
Quarterly Results Snapshot (Consolidated) - Apr'25 - YoYstock-summary
Apr'25
Apr'24
Change(%)
Net Sales
1.30
1.60
-18.75%
Operating Profit (PBDIT) excl Other Income
-7.00
-6.30
-11.11%
Interest
0.00
0.00
Exceptional Items
0.00
-0.00
Consolidate Net Profit
-6.40
-6.70
4.48%
Operating Profit Margin (Excl OI)
-5,640.60%
-4,274.20%
-136.64%
USD in Million.
stock-summary Compare with Peers
Direction Arrows
Net Sales

YoY Growth in quarter ended Apr 2025 is -18.75% vs 60.00% in Apr 2024

Direction Arrows
Consolidated Net Profit

YoY Growth in quarter ended Apr 2025 is 4.48% vs 29.47% in Apr 2024

All Quarterly Resultsstock-summary
Annual Results Snapshot (Consolidated) - Apr'25stock-summary
Apr'25
Apr'24
Change(%)
Net Sales
5.90
5.50
7.27%
Operating Profit (PBDIT) excl Other Income
-19.90
-28.20
29.43%
Interest
0.00
0.00
Exceptional Items
-0.80
0.10
-900.00%
Consolidate Net Profit
-21.50
-27.50
21.82%
Operating Profit Margin (Excl OI)
-3,700.10%
-5,321.80%
162.17%
USD in Million.
stock-summary Compare with Peers
Direction Arrows
Net Sales

YoY Growth in year ended Apr 2025 is 7.27% vs 103.70% in Apr 2024

Direction Arrows
Consolidated Net Profit

YoY Growth in year ended Apr 2025 is 21.82% vs -4.56% in Apr 2024

All Annual Resultsstock-summary
stock-summaryCompany CV
About Ocean Power Technologies, Inc. stock-summary
stock-summary
Ocean Power Technologies, Inc.
Electronics & Appliances
Ocean Power Technologies, Inc. is developing and seeking to commercialize its systems that generate electricity by connecting the renewable energy of ocean waves. The Company's PowerBuoy systems use technologies that convert the mechanical energy created by the rising and falling of ocean waves into electricity. The Company focuses on developing its PowerBuoy product line, which is based on modular, ocean-going buoys. Its autonomous PowerBuoy generates power for use in remote locations, independent of an existing power grid. The Company focuses on developing and commercializing its PowerBuoy products and services for use in autonomous power applications. The Company markets its PowerBuoys in the United States and internationally. The autonomous PowerBuoy integrates a power take-off (PTO) and onboard system for energy storage and management. Its PowerBuoy product is the PB3. PB3 can act as an uninterruptable power supply (UPS), which recharges itself by harvesting energy from the waves.
Company Coordinates stock-summary
Company Details
28 Engelhard Dr Ste B , MONROE TOWNSHIP NJ : 08831-3720
stock-summary
Tel: 1 609 7300400
stock-summary
http://www.oceanpowertechnologies.com
stock-summary
Registrar Details
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