ONDAS HOLDINGS INC (ONDS)
US68236H2040 - Common Stock
We assign a fundamental rating of 2 out of 10 to ONDS. ONDS was compared to 54 industry peers in the Communications Equipment industry. Both the profitability and financial health of ONDS have multiple concerns. ONDS shows excellent growth, but is valued quite expensive already.
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.
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.
1.2 Ratios
ONDS has a worse Return On Assets (-50.31%) than 88.89% of its industry peers.
ONDS's Return On Equity of -139.93% is on the low side compared to the rest of the industry. ONDS is outperformed by 85.19% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -50.31% | ||
| ROE | -139.93% | ||
| ROIC | N/A |
ROA(3y)-45.97%
ROA(5y)-127.23%
ROE(3y)-93.05%
ROE(5y)N/A
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
ONDS has a Gross Margin (40.66%) which is comparable to the rest of the industry.
In the last couple of years the Gross Margin of ONDS has declined.
ONDS does not have Profit Margin and Operating Margin available, so we won't be analyzing them here.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | N/A | ||
| PM (TTM) | N/A | ||
| GM | 40.66% |
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-1.88%
GM growth 5Y-12.42%
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.
The number of shares outstanding for ONDS has been increased compared to 5 years ago.
The debt/assets ratio for ONDS is higher compared to a year ago.
2.2 Solvency
ONDS has an Altman-Z score of -3.74. This is a bad value and indicates that ONDS is not financially healthy and even has some risk of bankruptcy.
The Altman-Z score of ONDS (-3.74) is worse than 74.07% of its industry peers.
A Debt/Equity ratio of 0.87 indicates that ONDS is somewhat dependend on debt financing.
The Debt to Equity ratio of ONDS (0.87) is worse than 74.07% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.87 | ||
| Debt/FCF | N/A | ||
| Altman-Z | -3.74 |
ROIC/WACCN/A
WACC7.79%
2.3 Liquidity
A Current Ratio of 0.66 indicates that ONDS may have some problems paying its short term obligations.
ONDS's Current ratio of 0.66 is on the low side compared to the rest of the industry. ONDS is outperformed by 98.15% of its industry peers.
A Quick Ratio of 0.60 indicates that ONDS may have some problems paying its short term obligations.
ONDS has a Quick ratio of 0.60. This is amonst the worse of the industry: ONDS underperforms 92.59% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.66 | ||
| Quick Ratio | 0.6 |
3. Growth
3.1 Past
ONDS shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 29.92%, which is quite impressive.
Looking at the last year, ONDS shows a very strong growth in Revenue. The Revenue has grown by 640.40%.
Measured over the past years, ONDS shows a very strong growth in Revenue. The Revenue has been growing by 141.76% on average per year.
EPS 1Y (TTM)29.92%
EPS 3YN/A
EPS 5YN/A
EPS growth Q2Q40.91%
Revenue 1Y (TTM)640.4%
Revenue growth 3Y93.67%
Revenue growth 5Y141.76%
Revenue growth Q2Q933.6%
3.2 Future
ONDS is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 38.56% yearly.
ONDS is expected to show a strong growth in Revenue. In the coming years, the Revenue will grow by 130.80% yearly.
EPS Next Y45.85%
EPS Next 2Y38.56%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year124.01%
Revenue Next 2Y130.8%
Revenue Next 3YN/A
Revenue Next 5YN/A
3.3 Evolution
The Revenue growth rate is stable: in the next years the growth will be about the same than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
ONDS reported negative earnings for the last year, which makes the Price/Earnings Ratio negative.
Also next year ONDS is expected to report negative earnings again, which makes the also the Forward Price/Earnings Ratio negative.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | N/A |
4.2 Price Multiples
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | N/A |
4.3 Compensation for Growth
A more expensive valuation may be justified as ONDS's earnings are expected to grow with 38.56% in the coming years.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y38.56%
EPS Next 3YN/A
5. Dividend
5.1 Amount
ONDS does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
ONDAS HOLDINGS INC
NASDAQ:ONDS (4/16/2024, 7:20:51 PM)
After market: 0.97 +0.06 (+6.05%)0.9147
-0.03 (-3.14%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupTechnology Hardware & Equipment
GICS IndustryCommunications Equipment
Earnings (Last)
Earnings (Next)
Inst Owners
Inst Owner Change
Ins Owners
Ins Owner Change
Market Cap59.97M
Analysts
Price Target
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
Dividend Growth(5Y)
DP
Div Incr Years
Div Non Decr Years
Ex-Date
Surprises & Revisions
EPS beat(2)
Avg EPS beat(2)
Min EPS beat(2)
Max EPS beat(2)
EPS beat(4)
Avg EPS beat(4)
Min EPS beat(4)
Max EPS beat(4)
EPS beat(8)
Avg EPS beat(8)
EPS beat(12)
Avg EPS beat(12)
EPS beat(16)
Avg EPS beat(16)
Revenue beat(2)
Avg Revenue beat(2)
Min Revenue beat(2)
Max Revenue beat(2)
Revenue beat(4)
Avg Revenue beat(4)
Min Revenue beat(4)
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Revenue beat(8)
Avg Revenue beat(8)
Revenue beat(12)
Avg Revenue beat(12)
Revenue beat(16)
Avg Revenue beat(16)
PT rev (1m)
PT rev (3m)
EPS NQ rev (1m)
EPS NQ rev (3m)
EPS NY rev (1m)
EPS NY rev (3m)
Revenue NQ rev (1m)
Revenue NQ rev (3m)
Revenue NY rev (1m)
Revenue NY rev (3m)
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | N/A | ||
| P/S | |||
| P/FCF | |||
| P/OCF | |||
| P/B | |||
| P/tB | |||
| EV/EBITDA |
EPS(TTM)
EY
EPS(NY)
Fwd EY
FCF(TTM)
FCFY
OCF(TTM)
OCFY
SpS
BVpS
TBVpS
PEG (NY)N/A
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -50.31% | ||
| ROE | -139.93% | ||
| ROCE | |||
| ROIC | |||
| ROICexc | |||
| ROICexgc | |||
| OM | N/A | ||
| PM (TTM) | N/A | ||
| GM | 40.66% | ||
| FCFM |
ROA(3y)
ROA(5y)
ROE(3y)
ROE(5y)
ROIC(3y)
ROIC(5y)
ROICexc(3y)
ROICexc(5y)
ROICexgc(3y)
ROICexgc(5y)
ROCE(3y)
ROCE(5y)
ROICexcg growth 3Y
ROICexcg growth 5Y
ROICexc growth 3Y
ROICexc growth 5Y
OM growth 3Y
OM growth 5Y
PM growth 3Y
PM growth 5Y
GM growth 3Y
GM growth 5Y
F-Score
Asset Turnover0.17
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.87 | ||
| Debt/FCF | |||
| Debt/EBITDA | |||
| Cap/Depr | |||
| Cap/Sales | |||
| Interest Coverage | |||
| Cash Conversion | |||
| Profit Quality | |||
| Current Ratio | 0.66 | ||
| Quick Ratio | 0.6 | ||
| Altman-Z |
F-Score
WACC
ROIC/WACC
Cap/Depr(3y)
Cap/Depr(5y)
Cap/Sales(3y)
Cap/Sales(5y)
Profit Quality(3y)
Profit Quality(5y)
Growth
EPS 1Y (TTM)29.92%
EPS 3YN/A
EPS 5Y
EPS growth Q2Q
EPS Next Y45.85%
EPS Next 2Y
EPS Next 3Y
EPS Next 5Y
Revenue 1Y (TTM)640.4%
Revenue growth 3Y93.67%
Revenue growth 5Y
Revenue growth Q2Q
Revenue Next Year
Revenue Next 2Y
Revenue Next 3Y
Revenue Next 5Y
EBIT growth 1Y
EBIT growth 3Y
EBIT growth 5Y
EBIT Next Year
EBIT Next 3Y
EBIT Next 5Y
FCF growth 1Y
FCF growth 3Y
FCF growth 5Y
OCF growth 1Y
OCF growth 3Y
OCF growth 5Y