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 4,479 - -
Change - -75.09% 30.84% 161.93% 1,463.54% 22.58% - -
Enterprise Value (EV) 1 233.2 71.8 108.8 251.5 3,094 3,114 3,424 3,505
Change - -69.21% 51.6% 131.11% 1,129.91% 0.65% 9.98% 2.37%
P/E -15.3x -0.92x -1.74x -4.2x -15.7x 16.2x -43.3x -112x
PBR - - 2.44x - - - - -
PEG - -0x 0x 0.1x -9.58x -0x 0x 1.8x
Capitalization / Revenue 94.2x 32.1x 5.69x 32.5x 72x 8.52x 4.56x 3.41x
EV / Revenue 80.2x 33.8x 6.94x 35x 61x 5.92x 3.49x 2.67x
EV / EBITDA -17.7x -1.79x -3.67x -8.82x -98.8x -34.1x -1,149x 29.9x
EV / EBIT -13x -1.44x -2.74x -7.27x -53x -16.1x -29.4x -86.6x
EV / FCF -13.1x -1.72x -3.18x -7.17x -79.7x -13.4x -176x 29.5x
FCF Yield -7.64% -58.1% -31.4% -14% -1.25% -7.46% -0.57% 3.39%
Dividend per Share 2 - - - - - - - -
Rate of return - - - - - - - -
EPS 2 -0.44 -1.73 -0.88 -0.61 -0.62 0.4867 -0.1817 -0.07
Distribution rate - - - - - - - -
Net sales 1 2.907 2.126 15.69 7.193 50.73 525.7 981.4 1,312
EBITDA 1 -13.21 -40.13 -29.68 -28.52 -31.3 -91.29 -2.982 117.3
EBIT 1 -17.97 -50.01 -39.73 -34.61 -58.38 -193.1 -116.3 -40.46
Net income 1 -15.02 -73.24 -44.84 -42.42 -137.2 290.3 -110.5 -42.44
Net Debt 1 -40.52 3.61 19.63 17.86 -560 -1,365 -1,055 -973.5
Reference price 2 6.710 1.590 1.530 2.560 9.760 7.860 7.860 7.860
Nbr of stocks (in thousands) 40,789 42,885 58,311 91,283 374,359 569,839 - -
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.($)
19.79x0.82x11.16x3.46% 3.44B
18.83x2.22x10.96x5.15% 865M
8.75x1.23x4.73x4.37% 420M
55.25x - - - 172M
10.3x1.1x4.54x - 171M
50.71x - - - 76.97M
Average 27.27x 1.34x 7.84x 4.33% 857.08M
Weighted average by Cap. 20.06x 1.11x 10.34x 3.85%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA