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ONDAS HOLDINGS INC (ONDS) Stock Fundamental Analysis

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

13.875 USD
+0.69 (+5.19%)
Last: 1/13/2026, 3:52:09 PM
Fundamental Rating

3

Overall ONDS gets a fundamental rating of 3 out of 10. We evaluated ONDS against 48 industry peers in the Communications Equipment industry. ONDS scores quite bad on profitability, while its financial health is fine. Not spectacular, but in line with the averages. ONDS is valued quite expensive, but it does show an excellent growth.


Dividend Valuation Growth Profitability Health

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0

1. Profitability

1.1 Basic Checks

ONDS had negative earnings in the past year.
In the past year ONDS has reported a negative cash flow from operations.
In the past 5 years ONDS always reported negative net income.
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

The Return On Assets of ONDS (-8.66%) is worse than 75.00% of its industry peers.
The Return On Equity of ONDS (-9.81%) is worse than 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

The Gross Margin of ONDS (33.57%) is worse than 66.67% of its industry peers.
In the last couple of years the Gross Margin of ONDS has declined.
The Profit Margin and Operating Margin are not available for ONDS so they could not be analyzed.
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

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6

2. Health

2.1 Basic Checks

ONDS does not have a ROIC to compare to the WACC, probably because it is not profitable.
Compared to 1 year ago, ONDS has more shares outstanding
The number of shares outstanding for ONDS has been increased compared to 5 years ago.
ONDS has a worse debt/assets ratio than last year.
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

ONDS has an Altman-Z score of 45.59. This indicates that ONDS is financially healthy and has little risk of bankruptcy at the moment.
ONDS's Altman-Z score of 45.59 is amongst the best of the industry. ONDS outperforms 100.00% of its industry peers.
ONDS has a Debt/Equity ratio of 0.02. This is a healthy value indicating a solid balance between debt and equity.
Looking at the Debt to Equity ratio, with a value of 0.02, ONDS is in the better half of the industry, outperforming 64.58% of the companies in the same industry.
Industry RankSector Rank
Debt/Equity 0.02
Debt/FCF N/A
Altman-Z 45.59
ROIC/WACCN/A
WACC9.69%
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.
ONDS has a Current ratio of 15.30. This is amongst the best in the industry. ONDS outperforms 97.92% of its industry peers.
A Quick Ratio of 14.90 indicates that ONDS has no problem at all paying its short term obligations.
ONDS has a better Quick ratio (14.90) than 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

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7

3. Growth

3.1 Past

The Earnings Per Share has grown by an impressive 33.33% over the past year.
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

ONDS is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 19.68% yearly.
Based on estimates for the next years, ONDS will show a very strong growth in Revenue. The Revenue will grow by 143.43% 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 5Y143.43%

3.3 Evolution

The Revenue growth rate is accelerating: in the next years the growth will be better than in the last years.
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 800M
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

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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%

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0

5. Dividend

5.1 Amount

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

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ONDAS HOLDINGS INC

NASDAQ:ONDS (1/13/2026, 3:52:09 PM)

13.875

+0.69 (+5.19%)

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 Change0.02%
Ins Owners1.06%
Ins Owner Change-4.83%
Market Cap5.11B
Revenue(TTM)24.75M
Net Income(TTM)-47.66M
Analysts85.71
Price Target11.73 (-15.46%)
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)4.55%
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 206.57
P/FCF N/A
P/OCF N/A
P/B 10.52
P/tB 12.08
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 45.59
F-Score5
WACC9.69%
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 5Y143.43%
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.