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Upturn AI SWOT - About
Greenwave Technology Solutions Inc. Common Stock (GWAV)
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Upturn Advisory Summary
06/30/2025: GWAV (1-star) is currently NOT-A-BUY. Pass it for now.
Upturn Star Rating
Not Recommended Performance
These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.
Number of Analysts
0 Analysts rated it
These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.
Year Target Price $0
Year Target Price $0
| 0 | Strong Buy |
| 0 | Buy |
| 0 | Hold |
| 0 | Under performing |
| 0 | Sell |
Analysis of Past Performance
Type Stock | Historic Profit -53.26% | Avg. Invested days 27 | Today’s Advisory PASS |
Upturn Star Rating | Upturn Advisory Performance  2.0 | Stock Returns Performance  1.0 |
| Profits based on simulation | Last Close 06/30/2025 |
Key Highlights
Company Size Small-Cap Stock | Market Capitalization 11.85M USD | Price to earnings Ratio - | 1Y Target Price - |
Price to earnings Ratio - | 1Y Target Price - | ||
Volume (30-day avg) - | Beta 0.43 | 52 Weeks Range 0.12 - 1.88 | Updated Date 06/29/2025 |
52 Weeks Range 0.12 - 1.88 | Updated Date 06/29/2025 | ||
Dividends yield (FY) - | Basic EPS (TTM) -1271.09 |
Earnings Date
Report Date - | When - | Estimate - | Actual - |
Profitability
Profit Margin -71.79% | Operating Margin (TTM) -62.62% |
Management Effectiveness
Return on Assets (TTM) -24.53% | Return on Equity (TTM) -147.18% |
Valuation
Trailing PE - | Forward PE - | Enterprise Value 24910998 | Price to Sales(TTM) 0.36 |
Enterprise Value 24910998 | Price to Sales(TTM) 0.36 | ||
Enterprise Value to Revenue 0.75 | Enterprise Value to EBITDA 2.71 | Shares Outstanding 61169500 | Shares Floating 44082265 |
Shares Outstanding 61169500 | Shares Floating 44082265 | ||
Percent Insiders 12.82 | Percent Institutions 10.18 |
Analyst Ratings
Rating - | Target Price - | Buy - | Strong Buy - |
Buy - | Strong Buy - | ||
Hold - | Sell - | Strong Sell - | |
Strong Sell - |
Upturn AI SWOT
Greenwave Technology Solutions Inc. Common Stock
Company Overview
History and Background
Greenwave Technology Solutions Inc. (formerly known as MassRoots, Inc.) has undergone significant transformations, shifting its focus from cannabis technology to metal recycling. Founded initially to develop a social media platform for the cannabis industry, the company later pivoted towards the scrap metal business, marked by acquisitions and operational changes.
Core Business Areas
- Scrap Metal Recycling: The company's primary business involves the purchase, processing, and resale of ferrous and non-ferrous scrap metal. Operations include dismantling, sorting, and shredding materials to produce marketable commodities.
Leadership and Structure
The leadership team includes individuals with experience in operations, finance, and compliance. The organizational structure is designed to support the company's scrap metal recycling operations.
Top Products and Market Share
Key Offerings
- Ferrous Scrap Metal: Processed ferrous metals are sold to steel mills and foundries. Market share data is highly fragmented, with numerous regional and national players. Competitors include larger scrap metal companies like Nucor and Commercial Metals Company. Data on Greenwave's specific market share is not readily available, it is considered a small player.
- Non-Ferrous Scrap Metal: Processed non-ferrous metals such as aluminum, copper, and brass are sold to various manufacturers. Market share data is highly fragmented, with numerous regional and national players. Competitors include larger scrap metal companies like Sims Metal Management and Schnitzer Steel Industries. Data on Greenwave's specific market share is not readily available, it is considered a small player.
Market Dynamics
Industry Overview
The scrap metal recycling industry is influenced by factors like commodity prices, economic conditions, and environmental regulations. The industry is cyclical and can be volatile.
Positioning
Greenwave is positioned as a smaller player in a highly competitive market. Its competitive advantage, if any, would likely depend on operational efficiency and strategic acquisitions.
Total Addressable Market (TAM)
The global scrap metal recycling market is estimated to be in the hundreds of billions of dollars. Greenwave, given its small size, currently captures a tiny fraction of this TAM. Increasing capacity and strategic expansion could improve their position, but competition is intense.
Upturn SWOT Analysis
Strengths
- Operational facilities in key locations.
- Potential for expansion through acquisitions.
- Focus on environmentally sustainable practices.
Weaknesses
- High debt levels.
- Small scale compared to major competitors.
- Dependence on commodity prices.
Opportunities
- Growing demand for recycled materials.
- Potential for government incentives for recycling.
- Expansion into new geographic markets.
Threats
- Fluctuations in commodity prices.
- Increased competition from larger players.
- Changes in environmental regulations.
Competitors and Market Share
Key Competitors
- NUE
- CMC
- SLGN
- RS
Competitive Landscape
Greenwave faces significant challenges compared to its larger, more established competitors. Its operational scale and financial resources are limited. Competitors have far better capacity, resources, and logistics.
Growth Trajectory and Initiatives
Historical Growth: Historical growth has been erratic due to the business transformation.
Future Projections: Future projections are highly speculative given the company's uncertain financial condition. Analyst estimates are scarce and should be viewed with caution.
Recent Initiatives: Recent initiatives have focused on expanding recycling operations and reducing debt.
Summary
Greenwave Technology Solutions Inc. is a small player in a highly competitive scrap metal recycling industry facing financial challenges. The company's transition from cannabis technology to scrap metal recycling has been difficult, and its financial performance has been inconsistent. High debt and dependence on commodity prices are ongoing concerns, while expansion and strategic acquisitions could provide growth opportunities. Investors should exercise extreme caution.
Peer Comparison
Sources and Disclaimers
Data Sources:
- SEC Filings
- Company Press Releases
- Industry Reports
Disclaimers:
This analysis is based on publicly available information and should not be considered financial advice. Investors should conduct their own due diligence before making investment decisions. The AI-based rating is for informational purposes only and does not guarantee future performance. Market share data is estimated and may not be precise.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About Greenwave Technology Solutions Inc. Common Stock
Exchange NASDAQ | Headquaters Chesapeake, VA, United States | ||
IPO Launch date 2016-01-04 | Acting CFO, CEO & Chairman of the Board Mr. Danny Meeks | ||
Sector Industrials | Industry Waste Management | Full time employees 180 | Website https://www.gwav.com |
Full time employees 180 | Website https://www.gwav.com | ||
Greenwave Technology Solutions, Inc., through its subsidiary, Empire Services, Inc., operates metal recycling facilities in Virginia, North Carolina, and Ohio. It operates through three segments: Scrap Metal Recycling, Hauling, and Other. The company collects, classifies, and processes appliances, construction materials, end-of-life vehicles, boats, and industrial machinery. It offers ferrous metal, including heavy melting steel, as well as plate, structural, and shredded scrap for recycling and production of finished steel. In addition, the company processes nonferrous metals, such as aluminum, copper, stainless steel, nickel, brass, titanium, lead, alloys, and mixed metal products; and sells catalytic converters recovered from end-of-life vehicles to processors that extract nonferrous precious metals comprising platinum, palladium, and rhodium. Further, it operates automotive shredders. It serves large corporations, industrial manufacturers, retail customers, and government organizations. Greenwave Technology Solutions, Inc. was founded in 2002 and is headquartered in Chesapeake, Virginia.
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