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 4,268 - -
Change - -75.09% 30.84% 161.93% 1,463.54% 16.8% - -
Enterprise Value (EV) 1 233.2 71.8 108.8 251.5 3,094 3,275 3,715 3,864
Change - -69.21% 51.6% 131.11% 1,129.91% 5.87% 13.43% 4%
P/E -15.3x -0.92x -1.74x -4.2x -15.7x 28x -21.3x -93.5x
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 7.96x 4.24x 3.22x
EV / Revenue 80.2x 33.8x 6.94x 35x 61x 6.11x 3.69x 2.92x
EV / EBITDA -17.7x -1.79x -3.67x -8.82x -98.8x -27.3x -147x 28.4x
EV / EBIT -13x -1.44x -2.74x -7.27x -53x -9.16x -16.4x -45x
EV / FCF -13.1x -1.72x -3.18x -7.17x -79.7x -11.5x -72x 75.2x
FCF Yield -7.64% -58.1% -31.4% -14% -1.25% -8.72% -1.39% 1.33%
Dividend per Share 2 - - - - - - - -
Rate of return - - - - - - - -
EPS 2 -0.44 -1.73 -0.88 -0.61 -0.62 0.2675 -0.3512 -0.08
Distribution rate - - - - - - - -
Net sales 1 2.907 2.126 15.69 7.193 50.73 536.4 1,007 1,323
EBITDA 1 -13.21 -40.13 -29.68 -28.52 -31.3 -119.8 -25.25 135.9
EBIT 1 -17.97 -50.01 -39.73 -34.61 -58.38 -357.6 -226.7 -85.88
Net income 1 -15.02 -73.24 -44.84 -42.42 -137.2 153.2 -202.4 -40.31
Net Debt 1 -40.52 3.61 19.63 17.86 -560 -992.4 -552.4 -403.8
Reference price 2 6.710 1.590 1.530 2.560 9.760 7.480 7.480 7.480
Nbr of stocks (in thousands) 40,789 42,885 58,311 91,283 3,74,359 5,70,552 - -
Announcement Date 22/03/22 14/03/23 01/04/24 12/03/25 23/03/26 - - -
1USD in Million2USD
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
26.07x5.84x15.13x1.59% 42TCr
53.2x18.98x38.1x-.--% 26TCr
19.3x0.78x14.1x2.35% 17TCr
26.3x8.33x20.12x0.47% 14TCr
45.92x13.52x30.13x-.--% 8.73TCr
32.28x6.31x18.27x1.08% 7.38TCr
42.72x2.32x14.97x1.66% 5.81TCr
28.98x6.56x21.89x1.43% 5.6TCr
61.19x7.92x35.02x-.--% 5.03TCr
Average 37.33x 7.84x 23.08x 0.95% 14.65TCr
Weighted average by Cap. 34.33x 8.49x 22.20x 1.06%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA