Ondas Holdings Inc. (ONDS) Financial Ratios
11 years of historical data (2014–2024) · Technology · Communication Equipment
EV/EBITDA
N/A
—
5yr avg: N/A
P/FCF
N/A
—
5yr avg: N/A
P/B Ratio
↓
18.17
↑+302% vs avg
5yr avg: 4.52
30Y Low1.2·High12.6
ROE
↑
-93.8%
↓+64% vs avg
5yr avg: -261.2%
30Y Low-94%·High-24%
Debt/EBITDA
N/A
—
5yr avg: N/A
Percentile shows where the current value sits in 30-year historical distribution. Sparklines show 5-year trend.
ONDS Valuation Multiples
Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow
Ondas Holdings Inc. currently has a negative P/E ratio, indicating the company is operating at a loss on a trailing-twelve-month basis.
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Market Cap | $653M | $179M | $81M | $67M | $229M | $191M | $316M | — | — | — | — |
| Enterprise Value | $683M | $209M | $101M | $71M | $190M | $173M | $325M | — | — | — | — |
| P/E Ratio → | -15.31 | — | — | — | — | — | — | — | — | — | — |
| P/S Ratio | 90.79 | 24.88 | 5.14 | 31.60 | 78.90 | 88.09 | 987.04 | — | — | — | — |
| P/B Ratio | 18.17 | 4.98 | 1.79 | 1.15 | 2.04 | 12.64 | — | — | — | — | — |
| P/FCF | — | — | — | — | — | — | — | — | — | — | — |
| P/OCF | — | — | — | — | — | — | — | — | — | — | — |
P/E links to full P/E history page with 30-year chart
ONDS EV Ratios
Enterprise-value multiples — capital-structure-neutral measures of total business value
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| EV / Revenue | — | 29.10 | 6.44 | 33.29 | 65.49 | 79.75 | 1015.24 | — | — | — | — |
| EV / EBITDA | — | — | — | — | — | — | — | — | — | — | — |
| EV / EBIT | — | — | — | — | — | — | — | — | — | — | — |
| EV / FCF | — | — | — | — | — | — | — | — | — | — | — |
ONDS Profitability
Margins and return-on-capital ratios measuring operating efficiency
Ondas Holdings Inc. earns an operating margin of -481.2%. Operating margins have expanded from -3266.0% to -481.2% over the past 3 years, signaling improving operational efficiency. A negative ROE of -93.8% indicates the company is currently destroying shareholder equity.
Margins
Full margin charts and quarterly trend are on the Earnings History page
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 4.8% | 4.8% | 40.7% | 52.2% | 37.7% | 42.9% | 75.3% | 79.3% | -218.8% | -125.4% | -39.0% |
| Operating Margin | -481.2% | -481.2% | -253.2% | -3266.0% | -618.3% | -532.6% | -4798.0% | -4439.1% | -1569.3% | -627.4% | -508.2% |
| Net Profit Margin | -528.4% | -528.4% | -285.8% | -3445.3% | -516.9% | -622.9% | -6052.2% | -6365.8% | -1569.3% | -627.4% | -508.2% |
Return on Capital
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | -93.8% | -93.8% | -86.8% | -85.9% | -23.6% | -1015.9% | — | — | — | — | — |
| ROA | -37.7% | -37.7% | -47.2% | -68.0% | -20.6% | -82.2% | -560.0% | -906.3% | -647.9% | -504.8% | -3.9% |
| ROIC | -39.4% | -39.4% | -46.9% | -77.1% | -38.4% | — | — | — | — | — | — |
| ROCE | -60.0% | -60.0% | -60.5% | -73.8% | -27.9% | -544.9% | — | — | — | — | — |
ONDS Leverage & Debt
Solvency and debt-coverage ratios — lower is generally safer
Net debt stands at $30M ($60M total debt minus $30M cash).
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | 1.68 | 1.68 | 0.78 | 0.57 | 0.02 | 0.53 | — | — | — | — | — |
| Debt / EBITDA | — | — | — | — | — | — | — | — | — | — | — |
| Net Debt / Equity | — | 0.84 | 0.45 | 0.06 | -0.35 | -1.20 | — | — | — | — | — |
| Net Debt / EBITDA | — | — | — | — | — | — | — | — | — | — | — |
| Debt / FCF | — | — | — | — | — | — | — | — | — | — | — |
| Interest Coverage | -9.56 | -9.56 | -9.56 | -18.46 | -31.22 | -5.95 | -5.25 | -3.17 | — | — | — |
ONDS Liquidity & Efficiency
Short-term solvency ratios and asset-utilisation metrics
The current ratio of 0.94x is below 1.0, meaning current liabilities exceed current assets. The current ratio has declined from 1.58x to 0.94x over the past 3 years.
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 0.94 | 0.94 | 0.66 | 1.58 | 9.66 | 2.23 | 0.21 | 0.12 | 0.09 | 0.09 | 0.28 |
| Quick Ratio | 0.75 | 0.75 | 0.60 | 1.48 | 9.40 | 2.14 | 0.18 | 0.10 | 0.05 | 0.07 | 0.18 |
| Cash Ratio | 0.59 | 0.59 | 0.42 | 1.31 | 8.83 | 2.09 | 0.13 | 0.07 | 0.04 | 0.04 | 0.18 |
| Asset Turnover | — | 0.07 | 0.17 | 0.02 | 0.02 | 0.08 | 0.08 | 0.07 | 0.35 | 0.97 | 0.48 |
| Inventory Turnover | 0.70 | 0.70 | 4.26 | 0.47 | 1.54 | 1.07 | 0.19 | 0.11 | 2.23 | 8.51 | 1.89 |
| Days Sales Outstanding | — | 278.16 | 105.17 | 361.30 | 152.34 | 8.04 | 23.03 | 143.55 | 83.23 | 120.39 | — |
ONDS Shareholder Yields
Earnings, FCF, buyback, and dividend yields — total returns to shareholders
Ondas Holdings Inc. does not currently pay a dividend and has no material buyback yield, reinvesting earnings back into the business.
Dividends
Full dividend history and growth charts are on the Dividend History page
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend Yield | — | — | — | — | — | — | — | — | — | — | — |
| Payout Ratio | — | — | — | — | — | — | — | — | — | — | — |
Total Shareholder Return Metrics
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings Yield | — | — | — | — | — | — | — | — | — | — | — |
| FCF Yield | — | — | — | — | — | — | — | — | — | — | — |
| Buyback Yield | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | — | — | — | — |
| Total Shareholder Yield | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | — | — | — | — |
| Shares Outstanding | — | $70M | $53M | $42M | $34M | $20M | $18M | $17M | $19M | $19M | $19M |
Peer Comparison
Compare ONDS with 10 similar companies in its peer group
| Company | Market Cap | P/E | EV/EBITDA | P/FCF | Gross Margin | Op Margin | ROE | ROIC | Debt/EBITDA |
|---|---|---|---|---|---|---|---|---|---|
 ONDSYou | $653M | -15.3 | — | — | 4.8% | -481.2% | -93.8% | -39.4% | — |
 AVAV | $9B | 112.5 | 106.7 | — | 39.4% | 5.0% | 5.1% | 3.6% | 0.8 |
 KTOS | $12B | 473.2 | 128.2 | — | 22.1% | 2.1% | 1.3% | 1.4% | 2.1 |
 RCAT | $1B | -17.7 | — | — | 3.1% | -163.5% | -48.7% | -71.0% | — |
 JOBY | $10B | -9.3 | — | — | -30.1% | -1346.9% | -80.1% | -54.7% | — |
 ACHR | $5B | -6.5 | — | — | — | -243100.0% | -41.8% | -89.6% | — |
 SWBI | $663M | 49.7 | 13.5 | — | 26.8% | 5.0% | 3.5% | 4.1% | 2.1 |
 UAVS | $1M | -0.0 | — | — | 47.0% | -94.3% | -1414.2% | -135.0% | — |
 EDBL | $85626 | -0.0 | — | — | 16.7% | -66.9% | -580.7% | -173.3% | — |
 NOC | $79B | 19.2 | 16.5 | 24.0 | 19.8% | 10.2% | 26.2% | 10.2% | 3.4 |
 LHX | $56B | 35.4 | 19.3 | 21.0 | 25.7% | 10.0% | 8.2% | 5.4% | 3.1 |
| Technology Median | — | 27.4 | 17.4 | 19.8 | 48.6% | -0.5% | 2.4% | 2.9% | 2.9 |
Peer selection based on competitive and market overlap. Compare multiple stocks →
Download Financial Ratios Data
Includes 30+ ratios · 11 years · Updated daily
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Quick answers to the most common questions about buying ONDS stock.
What is Ondas Holdings Inc.'s P/E ratio?
Ondas Holdings Inc.'s current P/E ratio is -15.3x. This places it at the 50th percentile of its historical range.
What is Ondas Holdings Inc.'s ROE?
Ondas Holdings Inc.'s return on equity (ROE) is -93.8%. The historical average is -72.6%.
Is ONDS stock overvalued?
Based on historical data, Ondas Holdings Inc. is trading at a P/E of -15.3x. This is at the 50th percentile of its historical P/E range. Compare with industry peers and growth rates for a complete picture.
What are Ondas Holdings Inc.'s profit margins?
Ondas Holdings Inc. has 4.8% gross margin and -481.2% operating margin.