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 5,191 - -
Change - -75.09% 30.84% 161.93% 1,463.54% 42.08% - -
Enterprise Value (EV) 1 233.2 71.8 108.8 251.5 3,094 3,826 4,137 4,218
Change - -69.21% 51.6% 131.11% 1,129.91% 23.68% 8.12% 1.96%
P/E -15.3x -0.92x -1.74x -4.2x -15.7x 18.7x -50.1x -130x
PBR - - 2.44x - - - - -
PEG - -0x 0x 0.1x -9.58x -0x 0x 2.1x
Capitalization / Revenue 94.2x 32.1x 5.69x 32.5x 72x 9.88x 5.29x 3.96x
EV / Revenue 80.2x 33.8x 6.94x 35x 61x 7.28x 4.22x 3.21x
EV / EBITDA -17.7x -1.79x -3.67x -8.82x -98.8x -41.9x -1,387x 36x
EV / EBIT -13x -1.44x -2.74x -7.27x -53x -19.8x -35.6x -104x
EV / FCF -13.1x -1.72x -3.18x -7.17x -79.7x -16.5x -212x 35.5x
FCF Yield -7.64% -58.1% -31.4% -14% -1.25% -6.07% -0.47% 2.82%
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 9.110 9.110 9.110
Nbr of stocks (in thousands) 40,789 42,885 58,311 91,283 374,359 569,859 - -
Announcement Date 3/22/22 A 3/14/23 A 4/1/24 A 3/12/25 A 3/23/26 A - - -
1USD in Million2USD
Estimates

P/E, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
18.72x7.28x-41.91x - 5.19B
16.48x0.75x8.77x4% 3.49B
19.58x2.31x11.4x4.95% 909M
9.04x1.28x4.93x4.23% 441M
13.71x1.53x6.35x - 196M
50.19x - - - 157M
Average 21.29x 2.63x -2.09x 4.4% 1.73B
Weighted average by Cap. 18.01x 4.24x -16.94x 4.2%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA