Risk factor
Very high price volatility
Profitability factor
Greatly undervalued vs peers
About
Blue Water Ventures International, Inc. conducts archaeologically sensitive recoveries of cargo and artifacts/treasures from various shipwrecks on the basis of research and diligence specific to various projects. It focuses on shallow water search and recovery projects. The company also targets merchant ships within and outside the United States territorial waters. Blue Water Ventures International, Inc. was formerly known as Blue Water Ventures of Key West, Inc. and changed its name to Blue Water Ventures International, Inc. in July 2012. Blue Water Ventures International, Inc. was incorporated in 2006 and is based in Green Cove Springs, Florida.
Company Valuation
Based on key historical and expected multiples, the stock is greatly undervalued relative to its peers. In particular, the stock is 'cheap' on EV/EBITDA.
