Company Valuation: Ondas Inc.

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 273.7 68.19 89.22 233.7 3,654 3,761 - -
Change - -75.09% 30.84% 161.93% 1,463.54% 2.95% - -
Enterprise Value (EV) 1 233.2 71.8 108.8 251.5 3,094 2,272 2,599 2,725
Change - -69.21% 51.6% 131.11% 1,129.91% -26.55% 14.36% 4.87%
P/E -15.3x -0.92x -1.74x -4.2x -15.7x 14.1x -29.3x -63.5x
PBR - - 2.44x - - - - -
PEG - -0x 0x 0.1x -9.58x -0x 0x 1.2x
Capitalization / Revenue 94.2x 32.1x 5.69x 32.5x 72x 9.52x 5.44x 4.08x
EV / Revenue 80.2x 33.8x 6.94x 35x 61x 5.75x 3.76x 2.95x
EV / EBITDA -17.7x -1.79x -3.67x -8.82x -98.8x -30.7x -182x 38.9x
EV / EBIT -13x -1.44x -2.74x -7.27x -53x -12.9x -18.8x -44.4x
EV / FCF -13.1x -1.72x -3.18x -7.17x -79.7x 190x -164x 37.1x
FCF Yield -7.64% -58.1% -31.4% -14% -1.25% 0.53% -0.61% 2.7%
Dividend per Share 2 - - - - - - - -
Rate of return - - - - - - - -
EPS 2 -0.44 -1.73 -0.88 -0.61 -0.62 0.5271 -0.2525 -0.1167
Distribution rate - - - - - - - -
Net sales 1 2.907 2.126 15.69 7.193 50.73 395.2 691.8 922.3
EBITDA 1 -13.21 -40.13 -29.68 -28.52 -31.3 -73.96 -14.29 70.08
EBIT 1 -17.97 -50.01 -39.73 -34.61 -58.38 -176.4 -138.4 -61.39
Net income 1 -15.02 -73.24 -44.84 -42.42 -137.2 252.3 -117.3 -53.45
Net Debt 1 -40.52 3.61 19.63 17.86 -560 -1,489 -1,163 -1,036
Reference price 2 6.710 1.590 1.530 2.560 9.760 7.410 7.410 7.410
Nbr of stocks (in thousands) 40,789 42,885 58,311 91,283 374,359 507,605 - -
Announcement Date 3/22/22 3/14/23 4/1/24 3/12/25 3/23/26 - - -
1USD in Million2USD
Estimates

P/E, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
22.2x0.92x12.53x3.08% 3.91B
22.09x2.61x12.89x4.39% 1.01B
8.73x1.22x4.71x4.38% 422M
18.74x2.46x10.14x - 307M
56.81x - - - 177M
51.91x - - - 78.79M
Average 30.08x 1.80x 10.07x 3.95% 984.15M
Weighted average by Cap. 22.47x 1.33x 11.88x 3.43%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA