Logo image of ONDS

ONDAS HOLDINGS INC (ONDS) Stock Fundamental Analysis

USA - Nasdaq - NASDAQ:ONDS - US68236H2040 - Common Stock

12.84 USD
+0.31 (+2.47%)
Last: 1/6/2026, 8:00:02 PM
12.7603 USD
-0.08 (-0.62%)
After Hours: 1/6/2026, 8:00:02 PM
Fundamental Rating

3

Taking everything into account, ONDS scores 3 out of 10 in our fundamental rating. ONDS was compared to 48 industry peers in the Communications Equipment industry. The financial health of ONDS is average, but there are quite some concerns on its profitability. ONDS shows excellent growth, but is valued quite expensive already.


Dividend Valuation Growth Profitability Health

Quickly go to:

0

1. Profitability

1.1 Basic Checks

ONDS had negative earnings in the past year.
ONDS had a negative operating cash flow in the past year.
ONDS had negative earnings in each of the past 5 years.
ONDS had a negative operating cash flow in each of the past 5 years.
ONDS Yearly Net Income VS EBIT VS OCF VS FCFONDS Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 -20M -40M -60M

1.2 Ratios

Looking at the Return On Assets, with a value of -8.66%, ONDS is doing worse than 75.00% of the companies in the same industry.
ONDS's Return On Equity of -9.81% is on the low side compared to the rest of the industry. ONDS is outperformed by 62.50% of its industry peers.
Industry RankSector Rank
ROA -8.66%
ROE -9.81%
ROIC N/A
ROA(3y)-54.6%
ROA(5y)-44.78%
ROE(3y)-173.85%
ROE(5y)-124.84%
ROIC(3y)N/A
ROIC(5y)N/A
ONDS Yearly ROA, ROE, ROICONDS Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 -200 -400

1.3 Margins

ONDS has a Gross Margin of 33.57%. This is in the lower half of the industry: ONDS underperforms 66.67% of its industry peers.
ONDS's Gross Margin has declined in the last couple of years.
ONDS does not have Profit Margin and Operating Margin available, so we won't be analyzing them here.
Industry RankSector Rank
OM N/A
PM (TTM) N/A
GM 33.57%
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-49.74%
GM growth 5Y-42.29%
ONDS Yearly Profit, Operating, Gross MarginsONDS Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 -2K -4K -6K

More info and screens

6

2. Health

2.1 Basic Checks

ONDS does not have a ROIC to compare to the WACC, probably because it is not profitable.
ONDS has more shares outstanding than it did 1 year ago.
Compared to 5 years ago, ONDS has more shares outstanding
Compared to 1 year ago, ONDS has a worse debt to assets ratio.
ONDS Yearly Shares OutstandingONDS Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 20M 40M 60M 80M
ONDS Yearly Total Debt VS Total AssetsONDS Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2016 2017 2018 2019 2020 2021 2022 2023 2024 20M 40M 60M 80M 100M

2.2 Solvency

An Altman-Z score of 43.31 indicates that ONDS is not in any danger for bankruptcy at the moment.
ONDS has a better Altman-Z score (43.31) than 100.00% of its industry peers.
A Debt/Equity ratio of 0.02 indicates that ONDS is not too dependend on debt financing.
ONDS has a Debt to Equity ratio of 0.02. This is in the better half of the industry: ONDS outperforms 64.58% of its industry peers.
Industry RankSector Rank
Debt/Equity 0.02
Debt/FCF N/A
Altman-Z 43.31
ROIC/WACCN/A
WACC9.34%
ONDS Yearly LT Debt VS Equity VS FCFONDS Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 50M 100M

2.3 Liquidity

A Current Ratio of 15.30 indicates that ONDS has no problem at all paying its short term obligations.
Looking at the Current ratio, with a value of 15.30, ONDS belongs to the top of the industry, outperforming 97.92% of the companies in the same industry.
ONDS has a Quick Ratio of 14.90. This indicates that ONDS is financially healthy and has no problem in meeting its short term obligations.
ONDS's Quick ratio of 14.90 is amongst the best of the industry. ONDS outperforms 97.92% of its industry peers.
Industry RankSector Rank
Current Ratio 15.3
Quick Ratio 14.9
ONDS Yearly Current Assets VS Current LiabilitesONDS Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2016 2017 2018 2019 2020 2021 2022 2023 2024 10M 20M 30M 40M 50M

More info and screens

7

3. Growth

3.1 Past

ONDS shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 33.33%, which is quite impressive.
Looking at the last year, ONDS shows a very strong growth in Revenue. The Revenue has grown by 208.40%.
Measured over the past years, ONDS shows a very strong growth in Revenue. The Revenue has been growing by 86.36% on average per year.
EPS 1Y (TTM)33.33%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%60%
Revenue 1Y (TTM)208.4%
Revenue growth 3Y35.21%
Revenue growth 5Y86.36%
Sales Q2Q%581.86%

3.2 Future

The Earnings Per Share is expected to grow by 19.68% on average over the next years. This is quite good.
Based on estimates for the next years, ONDS will show a very strong growth in Revenue. The Revenue will grow by 107.15% on average per year.
EPS Next Y59.2%
EPS Next 2Y35.51%
EPS Next 3Y24.47%
EPS Next 5Y19.68%
Revenue Next Year314.32%
Revenue Next 2Y277.59%
Revenue Next 3Y193.61%
Revenue Next 5Y107.15%

3.3 Evolution

When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
ONDS Yearly Revenue VS EstimatesONDS Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 2031 2032 200M 400M 600M
ONDS Yearly EPS VS EstimatesONDS Yearly EPS VS EstimatesYearly EPS VS Estimates 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 0 -0.5 -1

More info and screens

1

4. Valuation

4.1 Price/Earnings Ratio

The Price/Earnings Ratio is negative for ONDS. In the last year negative earnings were reported.
Besides the negative Price/Earnings Ratio, also the Forward Price/Earnings Ratio is negative for ONDS. No positive earnings are expected for the next year.
Industry RankSector Rank
PE N/A
Fwd PE N/A
ONDS Price Earnings VS Forward Price EarningsONDS Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 0 -50 -100

4.2 Price Multiples

Industry RankSector Rank
P/FCF N/A
EV/EBITDA N/A
ONDS Per share dataONDS EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 0 0.5 1

4.3 Compensation for Growth

A more expensive valuation may be justified as ONDS's earnings are expected to grow with 24.47% in the coming years.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y35.51%
EPS Next 3Y24.47%

More info and screens

0

5. Dividend

5.1 Amount

ONDS does not give a dividend.
Industry RankSector Rank
Dividend Yield 0%

More info and screens

ONDAS HOLDINGS INC

NASDAQ:ONDS (1/6/2026, 8:00:02 PM)

After market: 12.7603 -0.08 (-0.62%)

12.84

+0.31 (+2.47%)

Chartmill FA Rating
GICS IndustryGroupTechnology Hardware & Equipment
GICS IndustryCommunications Equipment
Earnings (Last)11-13 2025-11-13/bmo
Earnings (Next)03-10 2026-03-10/bmo
Inst Owners32.96%
Inst Owner Change0%
Ins Owners1.06%
Ins Owner Change-4.83%
Market Cap4.73B
Revenue(TTM)24.75M
Net Income(TTM)-47.66M
Analysts84.62
Price Target11.73 (-8.64%)
Short Float %21.85%
Short Ratio0.89
Dividend
Industry RankSector Rank
Dividend Yield 0%
Yearly DividendN/A
Dividend Growth(5Y)N/A
DPN/A
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)-3.95%
Min EPS beat(2)-27.88%
Max EPS beat(2)19.97%
EPS beat(4)1
Avg EPS beat(4)-41.24%
Min EPS beat(4)-106.97%
Max EPS beat(4)19.97%
EPS beat(8)3
Avg EPS beat(8)-31.56%
EPS beat(12)5
Avg EPS beat(12)-20%
EPS beat(16)6
Avg EPS beat(16)-18.32%
Revenue beat(2)2
Avg Revenue beat(2)29.65%
Min Revenue beat(2)18.63%
Max Revenue beat(2)40.66%
Revenue beat(4)2
Avg Revenue beat(4)1.67%
Min Revenue beat(4)-29.64%
Max Revenue beat(4)40.66%
Revenue beat(8)3
Avg Revenue beat(8)-13.66%
Revenue beat(12)6
Avg Revenue beat(12)-2.19%
Revenue beat(16)6
Avg Revenue beat(16)-13.93%
PT rev (1m)5.92%
PT rev (3m)79.69%
EPS NQ rev (1m)-0.38%
EPS NQ rev (3m)9.79%
EPS NY rev (1m)-2.16%
EPS NY rev (3m)4.82%
Revenue NQ rev (1m)2.46%
Revenue NQ rev (3m)68.61%
Revenue NY rev (1m)2.28%
Revenue NY rev (3m)35.55%
Valuation
Industry RankSector Rank
PE N/A
Fwd PE N/A
P/S 191.16
P/FCF N/A
P/OCF N/A
P/B 9.73
P/tB 11.18
EV/EBITDA N/A
EPS(TTM)-0.48
EYN/A
EPS(NY)-0.11
Fwd EYN/A
FCF(TTM)-0.09
FCFYN/A
OCF(TTM)-0.09
OCFYN/A
SpS0.07
BVpS1.32
TBVpS1.15
PEG (NY)N/A
PEG (5Y)N/A
Graham NumberN/A
Profitability
Industry RankSector Rank
ROA -8.66%
ROE -9.81%
ROCE N/A
ROIC N/A
ROICexc N/A
ROICexgc N/A
OM N/A
PM (TTM) N/A
GM 33.57%
FCFM N/A
ROA(3y)-54.6%
ROA(5y)-44.78%
ROE(3y)-173.85%
ROE(5y)-124.84%
ROIC(3y)N/A
ROIC(5y)N/A
ROICexc(3y)N/A
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)N/A
ROCE(5y)N/A
ROICexgc growth 3YN/A
ROICexgc growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5YN/A
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-49.74%
GM growth 5Y-42.29%
F-Score5
Asset Turnover0.04
Health
Industry RankSector Rank
Debt/Equity 0.02
Debt/FCF N/A
Debt/EBITDA N/A
Cap/Depr 11.39%
Cap/Sales 2.3%
Interest Coverage N/A
Cash Conversion N/A
Profit Quality N/A
Current Ratio 15.3
Quick Ratio 14.9
Altman-Z 43.31
F-Score5
WACC9.34%
ROIC/WACCN/A
Cap/Depr(3y)39.05%
Cap/Depr(5y)43.65%
Cap/Sales(3y)54.77%
Cap/Sales(5y)40.31%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)33.33%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%60%
EPS Next Y59.2%
EPS Next 2Y35.51%
EPS Next 3Y24.47%
EPS Next 5Y19.68%
Revenue 1Y (TTM)208.4%
Revenue growth 3Y35.21%
Revenue growth 5Y86.36%
Sales Q2Q%581.86%
Revenue Next Year314.32%
Revenue Next 2Y277.59%
Revenue Next 3Y193.61%
Revenue Next 5Y107.15%
EBIT growth 1Y-17.04%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next Year6.73%
EBIT Next 3Y37.07%
EBIT Next 5Y32.6%
FCF growth 1Y12.23%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y14.4%
OCF growth 3YN/A
OCF growth 5YN/A

ONDAS HOLDINGS INC / ONDS FAQ

What is the fundamental rating for ONDS stock?

ChartMill assigns a fundamental rating of 3 / 10 to ONDS.


What is the valuation status for ONDS stock?

ChartMill assigns a valuation rating of 1 / 10 to ONDAS HOLDINGS INC (ONDS). This can be considered as Overvalued.


Can you provide the profitability details for ONDAS HOLDINGS INC?

ONDAS HOLDINGS INC (ONDS) has a profitability rating of 0 / 10.


What is the expected EPS growth for ONDAS HOLDINGS INC (ONDS) stock?

The Earnings per Share (EPS) of ONDAS HOLDINGS INC (ONDS) is expected to grow by 59.2% in the next year.