GWRS
Global Water Resources, Inc.
GWRS has lower modeled downside risk, despite its lower overall score.
SMR
NuScale Power Corporation
SMR has a slight edge over GWRS overall, supported by stronger modeled upside and stronger valuation.
GWRS Fundamentals
| Metric | Status |
|---|---|
| Healthy | |
| Stable | |
| Under pressure | |
| Weak |
GWRS's revenue is currently healthy, and its profitability is stable, but its cash flow and balance sheet are under pressure.
SMR Fundamentals
| Metric | Status |
|---|---|
| Weak | |
| Weak | |
| Weak | |
| Unavailable |
SMR's revenue, profitability and cash flow are currently weak. There isn't enough data to rate its balance sheet.
GWRS PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Cheap | 43x | $3.84 | -43% |
| Fair | 65x | $5.85 | -13% |
| Current | 75x | $6.74 | — |
| Forward | 88x | $6.74 | — |
| Expensive | 157x | $14.15 | +110% |
Historical ranges are pointers, not guarantees.
GWRS's PE is in its fair range at 75x. Analysts expect earnings to fall, which would put today's price at 88x next year's earnings.
SMR PE Valuation
SMR has no meaningful PE right now: it lost money over the past year.
GWRS Forward outlook
| Metric | Outlook |
|---|---|
| Deteriorating | |
| Strong decline | |
| Growth | |
| Strongly weakening | |
| Limited | |
| High |
Analysts expect GWRS's revenue to grow, but its earnings and profitability to decline.
SMR Forward outlook
| Metric | Outlook |
|---|---|
| -- | |
| Losses shrinking | |
| Strong growth | |
| -- | |
| Limited | |
| High |
Analysts expect SMR's losses to shrink, with revenue growing.
GWRS Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $0.08 | -15% |
| Q3 2026 | $0.09 | -44% |
| Q2 2026 | $0.12 | -45% |
| Q1 2026 | $0.08 | -65% |
| Q4 2025 | $0.11 | -54% |
| Q3 2025 | $0.16 | -41% |
| Q2 2025 | $0.22 | -15% |
| Q1 2025 | $0.23 | -12% |
| Q4 2024 | $0.24 | -27% |
GWRS has the edge over SMR on earnings quality, reporting a profit while its opponent remains loss making.
SMR Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Q3 2026 | -$0.72 | +$2.14 |
| Q2 2026 | -$2.46 | -$1.27 |
| Q1 2026 | -$2.46 | -$1.09 |
| Q4 2025 | -$2.43 | -$0.96 |
| Q3 2025 | -$2.86 | -$1.91 |
| Q2 2025 | -$1.19 | -$0.16 |
| Q1 2025 | -$1.37 | -$0.52 |
| Q4 2024 | -$1.47 | -$0.67 |
SMR is still losing money, but far less than before: $0.72 per share over the past year, against $2.86 at its worst in late 2025.
GWRS Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $16.3M | +5% |
| Q2 2026 | $17.8M | +25% |
| Q1 2026 | $13.3M | +6.7% |
| Q4 2025 | $13.5M | +2.2% |
| Q3 2025 | $15.5M | +8.4% |
| Q2 2025 | $14.2M | +5.4% |
| Q1 2025 | $12.5M | +7.3% |
| Q4 2024 | $13.3M | +7.1% |
GWRS's revenue has grown year over year for eight quarters in a row: $16M last quarter, up 5% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 15% | -4.1 points |
| Q2 2026 | 25% | +7 points |
| Q1 2026 | 2.9% | -7.1 points |
| Q4 2025 | 2.6% | -7.3 points |
| Q3 2025 | 19% | -9 points |
| Q2 2025 | 18% | -2.3 points |
| Q1 2025 | 10% | -0.8 points |
| Q4 2024 | 9.9% | -3.5 points |
GWRS has the edge over SMR on profitability, with a higher operating margin.
SMR Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $281K | -97% |
| Q2 2026 | $75K | -99% |
| Q1 2026 | $565K | -96% |
| Q4 2025 | $1.8M | -95% |
| Q3 2025 | $8.2M | +1635% |
| Q2 2025 | $8.1M | +733% |
| Q1 2025 | $13.4M | +870% |
| Q4 2024 | $34.2M | +651% |
SMR's revenue has slid since its 2024 peak: $281,000 last quarter, down 97% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | -23068% | -16535 points |
| Q2 2026 | -85337% | -84802 points |
| Q1 2026 | -10181% | -9917 points |
| Q4 2025 | -4022% | -3988 points |
| Q3 2025 | -6533% | +2103 points |
| Q2 2025 | -535% | +3796 points |
| Q1 2025 | -264% | +2925 points |
| Q4 2024 | -35% | +1524 points |
SMR's operating margin was −23068% last quarter, down 16535 points from the same quarter a year ago, near the bottom of its range since 2022.
GWRS Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $23K | +$5.6M |
| Q2 2026 | -$2M | +$16.9M |
| Q1 2026 | -$1.8M | +$5.9M |
| Q4 2025 | -$15M | -$7.8M |
| Q3 2025 | -$5.6M | -$846K |
| Q2 2025 | -$18.8M | -$17.9M |
| Q1 2025 | -$7.7M | -435% |
| Q4 2024 | -$7.2M | -$6.2M |
GWRS has the stronger cash trend. Its trailing FCF is down 101% versus its history, compared with SMR at down 161%.
SMR Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q2 2026 | -$58.6M | -$25.3M |
| Q1 2026 | -$316.2M | -$293.3M |
| Q4 2025 | -$204.1M | -$177.6M |
| Q2 2025 | -$33.3M | +$2.7M |
| Q1 2025 | -$22.9M | +$10.6M |
| Q4 2024 | -$26.5M | +$46.8M |
| Q3 2024 | -$12.7M | +$15M |
| Q2 2024 | -$36M | +$4.5M |
SMR has burned cash in almost every quarter: −$608M over the past year, against −$95M the year before.
GWRS Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +1.8% | +508K shares |
| 1 year | +6.6% | +1.8M shares |
| 3 years | +21% | +5.1M shares |
| 5 years | +28% | +6.4M shares |
| Available history | +36% | +7.8M shares |
GWRS has the edge over SMR on shareholder dilution, with a more favorable share count trend.
SMR Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +13% | +45.9M shares |
| 1 year | +178% | +263M shares |
| 3 years | +448% | +336M shares |
SMR has 410M diluted shares, up 178% from a year ago.
| Quarter | Spent |
|---|---|
| Q4 2023 | — |
| Q3 2023 | — |
| Q2 2023 | — |
| Q1 2023 | — |
| Q4 2022 | — |
| Q3 2022 | — |
GWRS Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | 5.0x | High |
| Q2 2026 | 5.2x | High |
| Q1 2026 | 5.9x | High |
| Q4 2025 | 5.9x | High |
| Q3 2025 | 4.8x | High |
| Q2 2025 | 4.9x | High |
| Q1 2025 | 4.1x | High |
| Q4 2024 | 5.1x | High |
GWRS's net debt is about 5.0 years of its operating earnings (EBITDA), up from 4.8 years a year ago.
SMR Net Leverage
SMR's operating earnings (EBITDA) were negative over the past year, so its debt can't be measured against them.
GWRS Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 33.0 | Neutral |
| Stochastic | 10.2 | Oversold |
GWRS's weekly RSI is 33 (neutral) and its Stochastic is 10 (oversold).
SMR Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 29.5 | Oversold |
| Stochastic | 8.6 | Oversold |
SMR's weekly RSI is 30 (oversold) and its Stochastic is 9 (oversold).
GWRS PE vs Utilities Sector
| Metric | GWRS | Sector median | Relative |
|---|---|---|---|
| PE | 75x | 20x | 267% above |
| PE % | 61 | 44 | 17 pts above |
GWRS is trading at 75x earnings, a 267% premium to the Utilities sector's median of 20x.
SMR PE vs Utilities Sector
SMR has no meaningful PE right now: it lost money over the past year.
GWRS Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $7.76 | 13% below |
| 20 week MA | $7.91 | 15% below |
| 50 week MA | $7.93 | 15% below |
| 100 week MA | $9.18 | 27% below |
| 200 week MA | $10.7 | 37% below |
GWRS is in a downtrend: it's below all five of its weekly moving averages, and 37% below its 200-week average.
SMR Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $6.26 | 23% below |
| 20 week MA | $7.88 | 39% below |
| 50 week MA | $11.4 | 58% below |
| 100 week MA | $20.2 | 76% below |
| 200 week MA | $14.4 | 67% below |
SMR is in a downtrend: it's below all five of its weekly moving averages, and 67% below its 200-week average.
GWRS Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $13.5 | $14.6 | +7.9% |
| 2021 | $14.6 | $17.0 | +17% |
| 2022 | $17.0 | $13.4 | -21% |
| 2023 | $13.4 | $13.1 | -2.7% |
| 2024 | $13.1 | $11.5 | -12% |
| 2025 | $11.5 | $8.56 | -25% |
| 2026 YTD | $8.56 | $6.74 | -21% |
GWRS has the edge over SMR on returns for 2026, with the stronger performance.
SMR Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $10.1 | $10.3 | +1.2% |
| 2021 | $10.3 | $10.1 | -1.9% |
| 2022 | $10.1 | $10.1 | +0.5% |
| 2023 | $10.1 | $3.29 | -67% |
| 2024 | $3.29 | $19.5 | +493% |
| 2025 | $19.5 | $14.9 | -24% |
| 2026 YTD | $14.9 | $4.82 | -68% |
SMR's yearly returns have swung widely, from +493% in 2024 to −67% in 2023. It's down 68% so far in 2026.