Risk factor
Very high price volatility
Profitability factor
Greatly undervalued vs peers
About
Blue Water Ventures International, Inc. specializes in the archaeologically sensitive recovery of cargo, artifacts, and treasures from various shipwrecks. Each project is undertaken with extensive research and due diligence, primarily focusing on search and recovery efforts in shallow waters. The company also targets merchant ships located both within and beyond United States territorial waters. Established in 2006, the firm adopted its current name in July 2012, having previously operated as Blue Water Ventures of Key West, Inc. Its operations are based in Green Cove Springs, Florida.
Company Valuation
From both historical and forecast perspectives, the stock is considerably underpriced compared to similar stocks. Specifically, the stock is undervalued on EV/EBITDA.